Flat Glass Market Manufacturers | Size and Revenue | Business Share Forecast by Regions 2021-2026
According to a recently published report by Fortune Business Insights The global flat glass market is likely to gain traction from the rapid industrialization. It is driving the demand for flat glass as they are being used extensively in the commercial buildings to conserve energy. It is done by maximizing the usage of natural light. Fortune Business Insights™ provided this information in a recent report, The report further states that the flat glass industry share was USD 98.37 billion in 2018 and is projected to reach USD 153.21 billion by 2026, exhibiting a CAGR of 5.7% during the forecast period.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

Drivers & Restraints-

Rising Government Initiatives to Promote Energy Efficiency will Drive Growth

Flat glass is gaining popularity in the building & construction industry owing to its ability to provide excellent thermal insulation and acoustic insulation. Also, the increasing number of infrastructural development and construction activities would contribute to the flat glass market growth in the near future.

Furthermore, the rising utilization of flat glass in commercial and residential buildings is enabling the usage of natural light and is reducing the consumption, as well as the cost of artificial lights. The governments of various countries are also implementing various stringent norms and regulations to promote energy efficiency. Researchers say that buildings adopting these rules are consuming approximately 40%-60% less energy, unlike the conventional buildings. However, the decomposition of raw materials and combustion of fuel oil often emit carbon dioxide in the atmosphere. It may obstruct the market growth.

Segment-

Ability to Improve Solar Gain will Drive Growth of the Coated Segment

Based on product type, the market is categorized into toughened, laminated, extra clear, coated, and others. Out of these, in 2018, the coated segment held 23.9%flat glass market share. This growth is attributable to the possession of numerous beneficial properties of coated flat glass. These include enhanced self-cleaning, hydrophobic, anti-reflection, and insulation properties. Such glass aids in improving solar gain and in maintaining the heat inside the building. The laminated segment, on the other hand, holds the major share fueled by their upsurging demand from the construction and automotive industries. It is because they are capable of remaining intact when broken.

Source:https://www.fortunebusinessins....ights.com/flat-glass

The global paints and coatings additives market is expected to reach USD 12,659.4 million by 2027, driven by the increasing demand for high-performance, sustainable, and eco-friendly coatings. Additives play a crucial role in improving the properties of paints and coatings, such as durability, color retention, and scratch resistance. Manufacturers are constantly innovating to develop additives that can meet the evolving needs of the market and provide effective solutions.

Information Source - https://www.fortunebusinessins....ights.com/industry-r

One of the major trends driving the paints and coatings additives market is the growing demand for sustainable coatings. Consumers are increasingly becoming conscious of the environmental impact of the products they use and prefer eco-friendly options. This has led to a rise in demand for coatings that are made from natural and biodegradable materials, free from harmful chemicals, and do not contribute to pollution.

To meet the demand for sustainable coatings, manufacturers are developing additives that can improve the performance and sustainability of paints and coatings. For example, there are additives that help to enhance the water resistance, adhesion, and color stability of coatings, while also reducing the amount of harmful volatile organic compounds (VOCs) emitted during application. Such additives allow manufacturers to produce coatings that are not only sustainable but also high-performing, durable, and long-lasting.

Another trend driving the paints and coatings additives market is the increasing use of technology to enhance the properties of coatings. Additives that can improve the scratch resistance, chemical resistance, and corrosion resistance of coatings are in high demand by various industries, such as automotive, aerospace, and construction. Coatings that can withstand extreme weather conditions and protect against harsh chemicals and corrosive materials are essential for the longevity and performance of products.

In addition to the properties mentioned above, additives are also used to improve the functionality of coatings. For example, there are additives that help to create a non-stick surface, reduce friction, and provide a smooth finish. Such coatings are used in a variety of applications, including cookware, medical devices, and machinery.

The paints and coatings additives market is highly competitive, with many players competing to provide innovative solutions. Some of the major players in the market include BASF SE, The Dow Chemical Company, Evonik Industries AG, Eastman Chemical Company, and AkzoNobel N.V. These companies are constantly investing in research and development to come up with new and improved additives that can meet the needs of the market.

The global ultrasonic testing market size is projected to reach USD 3,671.9 million by 2027, exhibiting a CAGR of 9.43% during the forecast period. The burgeoning startup culture in the non-destructive testing (NDT) domain will play a central role in fueling this market.
Information Source:
https://www.fortunebusinessins....ights.com/ultrasonic

The global antimicrobial coatings market size was USD 3,690.0 million in 2019 and is projected to reach USD 8,650.7 million by 2027, exhibiting a CAGR of 11.5% during the forecast period. The escalation can be attributed to the rising product usage by paint manufacturers to inhibit the growth of pathogens.

The coatings contain additives that offer long-lasting and adequate protection against fungi, bacteria, and mold. This information is cited by Fortune Business Insights™ in its research report, titled “Antimicrobial Coatings Market, 2020-2027”.

Information Source - https://www.fortunebusinessins....ights.com/antimicrob

Segments:

Metallic Segment to Register Notable Surge Due to Growing Adoption of Silver Coatings

On the basis of type, the market is segregated into metallic and non-metallic. Of these, the metallic segment is fragmented into copper, silver, and others. The silver sub-segment held a major share in the industry. The rise can be credited to the extensive usage of silver antimicrobial coatings due to their low toxicity. Based on region, the industry is segmented into North America, Latin America, Europe, the Middle East & Africa, and Asia Pacific.

Medical & Healthcare Segment to Record Appreciable Rise Owing to Increasing Product Usage in Medical Appliances

Based on application, the market is subdivided into mold remediation, medical & healthcare, food & beverage, building & construction, textile, and others. The medical & healthcare segment is expected to register commendable growth over the estimated period. The rise can be attributed to the escalating product usage in medical appliances, products, and surfaces for preventing the spread of infection.

Report Coverage:

The report provides an in-depth analysis of the significant trends that are expected to drive the business landscape across various regions. It further gives an overview of the crucial steps taken by major industry participants for sustaining their industry position. The insights have been provided after extensive research and engagements with prominent industry stakeholders.

Drivers and Restraints:

Rising Product Usage in Healthcare on Account of Surging Awareness Regarding HCAI (Healthcare-Related Infections)

Antimicrobial coatings market growth can be credited to the growing awareness regarding healthcare-related infections (HCAI) and an increase in efforts toward their prevention. It further comprises the adoption of antimicrobial paints combined with active ingredients as a preventive strategy.

However, the use of these products can lead to substantial changes in the emission levels of toxic agents into the environment. This is anticipated to hamper market expansion to some extent.

Regional Insights:

North America to Emerge as Key Region Driven by Escalating Demand from Medical Applications

North America antimicrobial coatings market share is poised to register appreciable expansion over the coming years. The growth is being propelled by the soaring demand from medical and indoor air/HVAC applications. Additional aspect propelling regional expansion is the enforcement of favorable policies. This is further being supplemented by the surging government healthcare expenditure and high standards of living in the U.S.

The industry value in the Asia Pacific region is anticipated to record substantial escalation over the forecast period. The rise can be attributed to the expansion of the food & beverage, pharmaceuticals, and construction industries.

Competitive Landscape:

Industry Players Enter Collaborations & Partnership Agreements to Sustain Market Position

Prominent market players are focusing on the adoption of various initiatives such as mergers, acquisitions, and others for the consolidation of their industry position. Several companies are also participating in research activities for enabling the development of superior antimicrobial coatings. Some of the additional initiatives include surging participation in trade conferences and the rollout of numerous strategies for enhancing business prospects.

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Hummus Market Growth Opportunities, Industry Revenue and Forecast by 2028

The global hummus market size is set to gain momentum from the increasing shift of people towards the vegan diet, especially in Europe and North America. The surging awareness of environmental sustainability and animal welfare is compelling people to opt for plant-based dips. As per Statista, in the U.S., sales of refrigerated plant-based dips went up to USD 11 million in April 2019. As per the report, the market size was USD 2.62 billion in 2020. It is predicted to grow from USD 2.95 billion in 2021 to USD 6.60 billion in 2028 at a CAGR of 12.17% in the forecast period.

Companies profiled in the hummus market report are:

Nestlé S.A. (Vevey, Switzerland)
Cedar’s Mediterranean Foods, Inc. (Massachusetts, U.S.)
Haliburton International Foods, Inc. (California, U.S.)
Strauss Group, Ltd. (Sabra Dipping Company, LLC) (Petah Tikva, Israel)
Bakkavor Group Plc (London, United Kingdom)
Tribe Hummus (Massachusetts, U.S.)
Boar’s Head Brand (Florida, United States)
Hummus Gourmet, LLC (Lantana Foods) (Texas, U.S.)
The Kraft Heinz Company (Illinois, U.S.)
Hope Foods, LLC. (Colorado, U.S.)
Drivers & Restraints:

Rising Usage of Functional Ingredients to Improve Immunity will Aid Growth

Consumers across the globe are nowadays demanding for unique flavors in their dips. Hence, several manufacturers are striving constantly to come up with novel products to cater to the taste and preferences of consumers. O'Dang Foods, for instance, introduced two new flavors of balsamic feta and classic Mediterranean hummus in the U.S. in June 2020 to fulfill the high demand for Mediterranean cuisine. A few other companies are equipping their dips with various functional ingredients, such as lime, turmeric, blueberry, and lavender because of the ongoing COVID-19 pandemic for enhancing immunity. However, the increasing availability of substitutes, namely, salsa and tahini may hamper the hummus market growth.

Regional Insights:

North America to Dominate Fueled by Higher Consumption of Dips and Spreads in the U.S.

Geographically, North America held USD 1.33 billion in terms of revenue in 2020. It is anticipated to dominate the market in the upcoming years. The surging consumption and production of spreads and dips, especially in the U.S. would bolster growth. Also, companies are trying to produce attractive and new dips to generate more sales. Argania Foods, for instance, introduced vegan cauliflower keto hummus dip in the U.S. in December 2019. On the other hand, Europe is likely to remain in the second position backed by the high popularity of the product in the U.K. In Asia Pacific, the rising disposable income of people is expected to aid growth.

Segments:

Classic Segment Earned 41.40% Share in 2020: Fortune Business Insights™

Based on type, the market is divided into red pepper, classic, black olive, white bean, roasted garlic, and others. Out of these, the classic segment is set to remain at the forefront in the near future because of its versatility and easy availability. It can be consumed as a dip, spread, or appetizer. At the same time, it is highly nutritious and naturally gluten-free. The segment generated 41.40% in terms of the hummus market share in 2020.

Competitive Landscape:

Key Players Focus on New Product Development to Intensify Competition

The global market houses a large number of international and local companies that are constantly launching state-of-the-art products in various sizes to meet consumers’ needs. Most of them are conducting R&D activities to create unique dips.

Browse In-depth Summary of This Research Insight:

https://www.fortunebusinessins....ights.com/hummus-mar

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The global autonomous aircraft market size is projected to reach USD 16.23 billion by the end of 2027. The rising investments in the development of improved aircraft infrastructure will emerge in favor of market growth.
Information Source:
https://www.fortunebusinessins....ights.com/autonomous