Permanent Magnet Market Business Opportunities, Growth Insights, Trends, Size to 2026

Permanent Magnet Market Size, Share, Growth Report – Industry to Worth over 34.70 Bn by 2026

The global permanent magnet market size is expected to reach USD 34.70 billion by 2026; attributed to their increasing use in the hybrid electric vehicle production. A permanent magnet is an object that possesses magnetic properties even in the absence of a magnetic field. They have two magnetic ends called the north pole and south pole respectively. They are used in different types of motors such as loudspeakers, various appliances, HVAC, and others. A recently published report by Fortune Business Insights titled, “Permanent Magnet Market Size, Share & Industry Analysis, By Type (Neodymium Iron Boron (NdFeB), Ferrite, Samarium Cobalt (SmCo), Aluminum Nickel Cobalt (Alnico), and Others), By Application (Consumer Electronics, Automotive, General Industrial, Medical Devices, Energy, and Others), and Regional Forecast, 2019-2026,” offers a comprehensive overview of the market. According to this report, the market value stood at USD 17.85 Billion in 2018 and is likely to rise at a CAGR of 8.7% between 2019 to 2026.

Permanent Magnet Market Drivers:

Increasing Popularity of Hybrid Vehicles will Add Impetus to Market

Various factors are responsible for the permanent magnet market growth. These include the increasing demand for various electronic devices such as television, laptops, music systems, and smartphones, coupled with the rise in need for more energy for consumption. This, coupled with the growing demand from the automotive sector will also aid in the expansion of the market in the forecast period. Besides this, the advancement in technology and use of neodymium iron boron (NdFeB) for various applications such as domestic appliances and wind turbines, and other electronic equipment such as speakers are likely to bode well for the market in the coming years.

Regional Segmentation:

Asia Pacific to Continue Dominating Market with Increasing Preference Towards Electric Vehicles

In 2018, Asia Pacific earned a revenue of USD 13.82 Billion and emerged dominant with the increasing demand for permanent magnets for various applications such as energy, consumer electronics, and automotive. China emerges as the leading producer attributed to the availability of abundant rare-earth deposits. This, coupled with the rise in popularity of electric vehicles will help Asia Pacific continue dominating the market in the forthcoming years.

Browse Summary of This Research Report with Detailed Table of Content: 

https://www.fortunebusinessinsights.com/permanent-magnet-market-102776 

List of Permanent Magnet Market Manufacturers include:

  • Adams Magnetic Products Co., Inc.
  • Arnold Magnetic Technologies Corp.
  • TDK Corporation
  • Tengam Engineering, Inc.
  • Alpha Magnet
  • Electron Energy Corporation
  • Ningbo Yunsheng Co. Ltd.
  • Integrated Magnetics
  • Magnequench International, LLC,
  • Tridus Magnetics and Assemblies
  • Bunting Magnetics Co.
  • Anhui Earth-Panda Advance Magnetic Material Co., Ltd.
  • Hangzhou Permanent Magnet Group
  • Daido Steel Co., Ltd.
  • Shin-etsu Chemical Co., Ltd.
  • Hitachi Metals, Ltd.
  • Other Players

Companies Expanding Base in China to Earn High Revenue

A large portion of permanent magnets is produced in China, thus making this region account for more than 70% of the overall production volume. Owing to this factor, a large number of producers in the market are aiming at expanding their territory in this nation for earning better revenues. Besides this, players are investing massively on resources and development of customized permanent magnet products to suffice to the needs of their consumers. Apart from this, manufacturers are adopting various strategies such as collaborations with other companies, joint ventures, agreements, and contracts for increasing their product portfolio, thereby gaining a competitive edge in the market.

Impact of COVID-19 on Hand Sanitizer Market Outlook

The global COVID-19 impact on hand sanitizer market is likely to gain traction from the outbreak of the COVID-19 pandemic. It has resulted in the increasing demand for personal hygiene products, namely, hand wash, soaps, tissue papers, and sanitizers worldwide. This information is given by Fortune Business Insights™ in a newly published report, titled, “Impact of COVID-19 on the Global Hand Sanitizer Market Size, Share, Industry Analysis and Regional Forecast 2019-2026.” The report further mentions that the hand sanitizer market size was anticipated to reach USD 1.35 billion in 2020 before the Covid-19 outbreak. However, on account of the present scenario, it is likely to generate USD 1.87 billion this year. In addition to this, it would rise tremendously from an annual growth rate of 5.06% to 45.71% in 2020.

Some of the Most Vital Effects of Covid-19 Pandemic on the Market:

  • Shortage of hand sanitizers owing to the panic-buying practices of the masses, especially in countries, such as the U.K., Spain, Italy, and the U.S.
  • Numerous alcohol manufacturers are inclining towards the hand sanitizer making business to cater to the growing demand from the consumers worldwide.
  • Many retailers have begun limiting the purchase of hand sanitizers. They are implementing the maximum purchasing quantity for per person to only two.
  • A large number of vendors present in the e-commerce platforms, such as Amazon and eBay are hiking the prices of essential commodities, including hand sanitizers.
  • Consumers nowadays are shifting rapidly towards alternate products, namely, hand washes and soaps stoked by the guidelines provided by prominent government bodies, such as the Centres of Disease Control and Prevention (CDC).
  • There may be a delay in the manufacturing of technologically innovative and organic personal care products.

Segment:

Alcohol-based Sanitizer Segment to Lead Backed by Rising Usage Amidst Covid-19 Pandemic

The hand sanitizer market is bifurcated into alcohol-free sanitizer and alcohol-based sanitizer. Out of these, the alcohol-based sanitizer segment held approximately 64% of the global market and is in the dominant position. Separately, the alcohol-based sanitizer market stood at USD 828.07 million in 2019. These sanitizers play a vital role in preventing many disease-spreading microorganisms. They contain around 60% to 90% of n-propanol or ethyl alcohol, as well as isopropyl alcohol. The CDC, for instance announced that these types of sanitizers are the best during Covid-19 outbreak as they are capable of killing most of the germs. Such norms are also aiding in the growth of this segment.

Browse Detailed Summary of this Research Report with TOC: https://www.fortunebusinessinsights.com/impact-of-covid-19-on-hand-sanitizer-market-102719  

Regional Analysis:

Fortune Business Insights™ lists out all the hand sanitizer companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:

  • Reckitt Benckiser (U.K.)
  • Gojo Industry Inc. (U.S.)
  • Henkel AG & Company (Germany)
  • Himalaya Global Holdings Ltd. (India)
  • Unilever Plc. (U.K.)
  • Bacardi Limited (Bermuda)
  • CVS Health (U.S.)
  • Best Sanitizer Inc. (U.S.)
  • Proctor & Gamble (U.S.)
  • SC Johnson & Son, Inc. (U.S.)

Rising Awareness about Personal Hygiene Products in Many Regions to Aid Growth  

North America procured USD 485.59 million in 2019 in terms of revenue and occupied around 38% of the global market. As per one of our analysts, “The level of exposure experienced by every region will vary.” Several factors are responsible for the same. The governments of many countries are taking various initiatives to reduce the impact of Covid-19 pandemic. Besides, the number of awareness programs regarding personal hygiene products in rural areas, as well as import & export activities would contribute to the varying levels of impact of this pandemic worldwide.

Fly Ash Market Business Opportunities, Growth Insights, Trends, Size to 2026

The global fly ash markett size is projected to reach USD 13.33 billion by 2027 owing to the rapid urbanization and industrialization worldwide. Fly ash is a fine, powdered substance that is the byproduct of burning pulverized coal in electric generation power plants. They are captured by emission control equipment such as scrubbers, fabric filters, or electrostatic precipitators. As per a recent report by Fortune Business Insights titled, “Fly Ash Market Size, Share & Industry Analysis, By Type (Class F and Class C), By Application (Cement & concretes, Fills & embankments, Waste Stabilization, Mining, Oil field Service and Road Stabilization and Others), and Regional Forecast, 2020-2027,” the market value stood at USD 8.54 billion in 2019 and is likely to rise at a CAGR of 5.83% between 2020 to 2027.

 

 

List of Top Players Profiled in Fly Ash Market Research Report:

  • Cemex S.A.B. De C.V.
  • Charah, LLC.
  • Cement Australia Pty Limited
  • Duromar, Inc.
  • Aggregate Industries
  • Boral Ltd.
  • LafargeHolcim Ltd.
  • Titan America LLC.
  • Salt River Materials Group
  • Tarmac Holdings Limited
  • Other Players

Browse Summary of This Research Insights with Detailed TOC:

https://www.fortunebusinessinsights.com/industry-reports/fly-ash-market-101087

What is the Scope of the Report?

The report is based on a comprehensive overview of the market and highlights key factors such as drivers, restraints, future opportunities, and challenges of the market. The report also discusses the table of segmentation in detail based on factors such as application, type, and geography. It also lists the names of market manufacturers and the major strategies adopted by them to reach for the top position in the market. Furthermore, the report discusses notable industry developments, current trends prevalent in the market, and other interesting insights into the market. The report is available for sale on the company website.

Market Drivers

Rising Demand for Environment-friendly Cement will Contribute to the Market Growth

Fly ash is mainly used in portland pozzolana cement and for manufacturing bricks. This acts as the major driver. Besides this, fly ashes also do not emit carbon or greenhouse gases into the atmosphere at the time of production and have additional environmental benefits. Various academic institutions, government and private stakeholders, and R & D institutions are taking the task of promoting the use of fly ash in construction materials. This will also aid in the expansion of the market in the coming years.

 

On the flip side, poor quality fly ash may harm the concrete, thereby hampering the market in the long run. Nevertheless, the increasing efforts to introduce environment-friendly cement is likely to create lucrative growth opportunities for the market in the coming years.

Regional Segmentation:

Asia Pacific will Dominate Market with Increasing Construction Activities

In 2019, Asia Pacific emerged as the region holding the largest fly ash market share with a revenue of USD 4.15 billion. This is owing to the rapidly growing population and the rise in the number of construction activities. On the other side, the North American market is likely to grow notably owing to the improving transportation systems and wide range of major construction projects such as the building of dams, bridges, skyscrapers, roads, and others. Manufacturers in this region use high-performance fly ash mixes for gaining superior strength and longevity in the respective projects.

Flooring Market Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026

The global flooring market size is projected to reach USD 515.71 billion by 2026, exhibiting a CAGR of 4.8% during the forecast period. Rising global focus on affordable housing will be a major growth factor for this market, shares Fortune Business Insights™ in its new report, titled “Flooring Market Size, Share & Industry Analysis, By Type (Non-Resilient {Ceramic, Wood, Laminate, and Others}, Resilient {Vinyl, and Others}, Carpets & Rugs, {Tufted, Woven, and Others}), By End-Use (Residential and Non-residential), and Regional Forecast, 2019-2026”. According to UN HABITAT, approximately 13% of the world’s urban areas have affordable housing. This indicates that an extremely low number of people in cities across nations have are living in regulated housing societies. As a result, governments around the world, especially in developing countries, are ramping up their investment in the housing sector to ensure that every person in the country has a proper home. This is emerging as one of the leading flooring market trends as government-backed building activities will create a huge demand for flooring solutions and thus accelerate the growth of this market in the forthcoming years.

 

Market Driver: Flooring Market

Growing Preference for Vinyl Flooring to Fuel the Flooring Market

Vinyl flooring solutions are becoming increasingly among homeowners as well as commercial occupants, which is fueling this market growth. This rising preference is attributable to host of benefits that vinyl tiles and other flooring options offer. For example, in commercial spaces, vinyl tiling provides a durable and reliable flooring solution as these spaces have heavy foot traffic throughout the day.

In case of households, vinyl floors are the ideal solution, since homes have high moisture content and these floors are water- and stain-resistant, giving them a long shelf-life compared to ordinary floorings. Another reason why homeowners prefer vinyl tiles is their affordability. For instance, vinyl tiles mimic the appearance of a ceramic floor, but are more pocket-friendly compared to actual ceramic tiles. Lastly, and most importantly, these floorings are easy to install and maintain, which is the central factor boosting their adoption in both residential and commercial settings. 

Browse Summary of This Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/flooring-market-102740

Competitive Landscape: Flooring Industry

Launch of Sustainable Products to Excite Market Competition

The flooring market forecast suggests that the market is slated to enter a period of widespread excitement as many of the leading players are frequently introducing environment-friendly flooring solutions for customers. Through these launches, companies are solidifying their position in the market and diversifying their offerings.

List of Key Companies Covered in Flooring Market Report are:

  • Engineered Floors
  • Kajaria Ceramics
  • Invista
  • LG Hausys
  • Balta Industries
  • Victoria PLC
  • James Halstead
  • Congoleum
  • Toli Corporation
  • Interface
  • Forbo
  • TARKETT
  • Mohawk Industries
  • Nora Systems
  • Boa-Franc
  • Parador
  • Swiss Krono
  • Mannington Mills
  • The Dixie Group
  • Flowcrete
  • Milliken & Company
  • Beaulieu International
  • Armstrong Flooring
  • Shaw Industries Group, Inc.

Asia-Pacific to Hold Commanding Market Position; Europe to Present Lucrative Opportunities

With a market size of USD 185.4 billion in 2018, Asia-Pacific is well-poised to dominate the flooring market share during the forecast period. The primary reason for the region’s dominance is the aggressive investments made by governments in the region, mainly India and China, in infrastructure development.

Moreover, availability of home and personal loans in the region is also generating demand for expensive flooring solutions, thus driving the growth of the market.

In Europe, there is surging demand for vinyl floorings in non-residential buildings, which is fueling the market growth, while in Middle East and Africa initiation of large-scale construction projects is brightening market prospects.

Industrial Fasteners Market Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026

The global industrial fasteners market size is projected to reach USD 121.02 billion by the end of 2026. The increasing industrialization will bode well for the companies operating in this market. the market was worth USD 80.36 billion in 2018 and will exhibit a CAGR of 5.3% during the forecast period, 2019-2026.

 

Industrial fasteners are used in construction and assemble processes across several industry verticals. The product is similar to bolts, but possesses much better properties. It has corrosion resistance, a primary reason why it is preferred over its alternatives. The rapidly rising industrialization will create several opportunities for the growth of the market in the coming years. The increasing building and construction activities will fuel the demand for the product, subsequently aiding the growth of the overall market.

Variations in product offerings have allowed applications in diverse industries. The growing demand for the product has attracted several large scale investors and numerous market entrants. The ease of availability of material used in manufacture of industrial fasteners will emerge in favor of market growth. Moreover, factors such as cost-effectivity and product durability as well as increased reliability will contribute to the growth of the overall market in the forthcoming years.

Increasing Number of Company Collaborations Will Aid Market Growth

The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of company mergers and collaborations has made the highest impact on the growth of the market. In June 2019, TriMas Aerospace announced that it has entered into a strategic partnership with Safran and Sonaca. Through this collaboration, the company will look to expand its global customer base and subsequently boost its businesses across the world.

The company also plans to increase its production capacity of blind fasteners, thereby strengthening its footprint in the market. Trimas’ collaboration with Safran and Sonaca will not just benefit the companies, but will also influence the growth of the overall market in the forthcoming years. The report includes a few of the other factors that have influenced the growth of the market in recent years.
Browse Summary of This Research Report with Detailed Table of Content: 

https://www.fortunebusinessinsights.com/industrial-fasteners-market-102732

 

List of the Key Companies Operating in the Industrial Fasteners Market are:

  • Arconic
  • ATF Inc.
  • Nifco
  • MW Industries, Inc. (MWI)
  • LISI Group - Link Solutions for Industry
  • Sesco Industries, Inc.
  • Birmingham Fastener and Supply Inc.
  • BPF
  • Elgin Fastener Group
  • Eastwood Manufacturing
  • Other Key Players

Asia Pacific Held the Highest Market Share; Presence of Several Large Scale Companies to Aid Growth

The report analyzes the ongoing industrial fasteners market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in Asia Pacific currently holds the highest industrial fasteners market share. The increasing rapidly rising industrialization, coupled with the increasing building and construction activities in several countries such as India, China, and Japan will aid the growth of the regional market.

Besides Asia Pacific, the market in North America will also witness considerable growth in the coming years driven by increasing demand for the product across diverse industries. The presence of several large scale companies has emerged in favor of the growth of the regional market. As of 2018, the market in North America was worth USD 20,695.1 million and this value is likely to increase further in the coming years.

Antimicrobial Packaging Market Global Research Report, Size, Industry Share, Growth Opportunities to 2026

The antimicrobial packaging market size is predicted to reach USD 17,559.4 million by 2026, exhibiting a CAGR of 7.9% during the forecast period. The rising concerns regarding food quality and safety will spur demand for antimicrobial packaging, which, in turn, will boost the antimicrobial packaging market growth during the forecast period. Moreover, the rising focus of consumers towards quality products will aid the growth of the market in the forthcoming years. In addition, the increasing awareness regarding the  benefits of green packaging such material reduction, waste reduction, less energy consumption, recycled content and renewable energy source will boost the market trends for antimicrobial packaging, mentioned states Fortune Business Insights in a report, titled “Antimicrobial Packaging Market Size, Share & Industry Analysis, By Material (Plastics, Biopolymers, Paper & Paperboard, and Others), By Antimicrobial Agents (Organic Acid, Bacteriocins, and Others), By Type (Bags, Pouches, Trays, and Others), By Application (Food & Beverages, Healthcare & Pharmaceutical, Personal Care, and Others) and Regional Forecast, 2019-2026” the market size stood at USD 9,570.5 million in 2018.

 

Competitive Landscape:

Expansion of BASF’s Production Plant to Encourage Healthy Growth 

BASF SE, a German chemical company and the second largest chemical producer in the world announced that it has constructed a new specialty amines plant at its existing wholly owned site in Nanjing Chemical Industry Park in China. The latest multi-product plant can manufacture 21,000 metric tons per year and further prolongs BASF’s amines portfolio at the specialty amines complex in Nanjing. The launch of the new plant by BASF can be a fundamental factor in accelerating the antimicrobial packaging market growth owing to the production of Propylenediamine (1,2-PDA), n-Octylamine (n-OA) and Polyetheramine (PEA). Furthermore, Stefan Blank, President, BASF Intermediates division, said in a statement, “BASF offers a wide range of amines globally, and this investment reflects our continued commitment to meeting the growing market demand in Asia Pacific. Building on decades of experience in developing and manufacturing amines, this new plant will further strengthen our global leadership in these versatile intermediate products.”

 In addition, the rising demand for specialty amines will aid the antimicrobial packaging market revenue during the forecast period. Senior Vice President, Intermediates Asia Pacific, BASF, Narayan Krishna Mohan, said in a statement, “This investment will help us to meet the increasing Asia Pacific demand for specialty amines used as intermediates in a diverse range of industries and applications, such as epoxy formulations, crop protection agents, spandex and biocides for the coatings industry, through this expansion, we will be able to better serve our customers in Asia Pacific with steady and timely supply of quality products.”

Browse Summary of This Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/antimicrobial-packaging-market-102726

 

The Report Lists the Main Companies in this Market

  • BASF SE
  • Dunmore Corporation
  • BioCote Limited
  • PolyOne Corporation
  • Microban International
  • Mondi PLC
  • The DOW Chemical Company
  • CSP Technologies
  • Takex Labo Co. Ltd.
  • Other Players

Regional Analysis:

Rising Demand for Medical Devices to Stimulate Growth in North America

North America is expected to grow rapidly during the forecast period owing to the growing adoption of antimicrobial packaging in various industries. The growing demand for drugs and medical devices will enable growth in North America. The market in Asia Pacific generated a high revenue in 2018 and is likely to witness high demand during the forecast period owing to the high demand for sustainable packaging from China, India, and South Korea. The rising consumption and demand of food will contribute positively to the growth in Asia Pacific. In addition, the blooming pharmaceutical and medical industry will have a positive impact on the market in Asia Pacific during the forecast period.

Ceramic Coatings Market Size, Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026

The global ceramic coatings market size is anticipated to hit USD 3.32 billion by 2026, exhibiting a CAGR of 7.1% during the forecast period. The high versatility of ceramic coatings will boost their adoption across industries, states Fortune Business Insights™ in its new report, titled “Ceramic Coatings Market Size, Share & Industry Analysis, By Type (Oxide, Carbide, Nitride, and Others), By Coating Method (Thermal Spray, Physical Vapor Deposition (PVD), Chemical Vapor Deposition (CVD), and Others), By End-Use (Transportation & Automotive, Energy, Aerospace & Defense, Industrial Goods, Healthcare, and Others), and Regional Forecast, 2019-2026”. Ceramic coatings, or high solids coatings, are essentially paints that are loaded with ceramic microspheres. Unlike conventional paints that contain more than 50% water, these coatings comprise of dense solid microspheres, which makes them a highly attractive coating solution in many industries. For example, the oil & gas industry can potentially lose millions of dollars due to ineffective coating. Therefore, the industry extensively employs ceramic coating materials to pipes and other equipment. This is because, when dried, a ceramic coating can form a hardened and impenetrable layer on the metal substrate on which it is applied, thereby preventing corrosion. Furthermore, their low friction coefficient makes these coatings energy-efficient, resulting in their high usage in manufacturing processes.

High Cost of Ceramic Coatings to Negatively Impact the Market

While its wide applicability in various industries is one of the top market trends, these coatings come with a hefty price tag, which may slow down their demand. For instance, ceramic coating on a budget car can cost between Rs. 25,000 and Rs. 50,000 in India, which may not be affordable for every buyer. Moreover, the cost can go higher if the quality of the coating is superior. In addition to this, the coatings have a few more drawbacks, which may hamper their uptake, especially in the automotive industry. For example, since these coatings are fundamentally a form of paint, even though they blend with the underlying metal, they cannot protect cars’ surfaces from usual scratch agents such as rocks and dust. Similarly, water-based pollutants can create smudges and spots on the surface of a vehicle even after they have evaporated. Unfortunately, ceramic coatings cannot safeguard surfaces from such pollutants.

Browse Detailed Research Insights with Table of Content: https://www.fortunebusinessinsights.com/ceramic-coatings-market-102325 

 

List of Ceramic Coatings Market Manufacturers include:

  • Saint-Gobain
  • Morgan Advanced Materials
  • Integrated Global Services, Inc.
  • APS Materials, Inc.
  • Praxair S.T. Technology, Inc.
  • Ferro Corporation
  • Keronite
  • Aremco
  • Kurt J. Lesker Company
  • Bodycote


Regional Analysis:


Escalating Demand for Automobiles to Drive the Market in Asia-Pacific

Asia-Pacific boasted a market size of USD 813.1 million in 2018 and is expected to lead the market share in the forthcoming years mainly on account of the exponential growth of the automotive industry in the region. The region is also home to China, the world’s largest market for automobiles, which bodes well for this market. In Europe and North America, the market will be mainly driven by the rapid advancements in their respective aerospace industries. This, coupled with a steady demand for vehicles and a robust transportation infrastructure, will further propel the market in North America and Europe.