Acetone Market Size, Share, Types, Products, Trends, Growth, Applications and Forecast 2020 to 2028 The global acetone market is expected to gain momentum from the high demand for petrochemicals and chemicals from several end-use industries. This information is given by Fortune Business Insights™ in a new study, titled, “Acetone Market Size, Share & COVID-19 Impact Analysis and Regional Forecast, 2020-2027.” The study further mentions that the acetone market size was USD 3,962.0 million in 2019 and is projected to reach USD 4,995.3 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. COVID-19 Pandemic to Affect Growth Backed by Ongoing Crude Oil Price War The COVID-19 pandemic has negatively affected the global chemical industry. It has disrupted supply chains and created uncertainty in the demand worldwide. Also, restrictions from governments on manufacturing activities may hinder growth. The ongoing crude oil price war is also set to hamper growth. How Did We Create This Report? We employ iterative and comprehensive research techniques focusing on minimizing deviance. We use a combination of top-down and bottom-up approaches for estimating and segmenting quantitative aspects of the parent’s market. At the same time, data triangulation is used to look at the market from three perspectives. Simulation models were used to gather data about the market forecasts and estimates. Drivers & Restraints- Increasing Manufacturing of Sanitizers and Disinfectants to Drive Growth The increasing production of disinfectants and sanitizers worldwide is set to surge the demand for dimethyl ketone as isopropanol is derived from it. Besides, the high popularity of cosmetics and personal care products would aid the acetone market growth throughout the forthcoming years. However, acetone possesses higher initiation energy points and can’t auto-ignite. This may hamper its demand. Regional Insights- Easy Availability of Raw Materials to Favor Growth in Asia Pacific In 2019, Asia Pacific held USD 1,739.2 million in terms of revenue. This growth is attributable to the lower labor cost and easy availability of raw materials in emerging countries, such as India and China. Dimethyl ketone is extensively used in numerous manufacturing processes as an industrial solvent in the region. North America, on the other hand, is anticipated to grow considerably backed by the increasing research and development activities in the electronics sector. It would further surge the demand for Bisphenol A. The presence of large chemical industries in the U.K., Italy, and Germany would propel growth in Europe. Browse Summary: https://www.fortunebusinessinsights.com/acetone-market-104446

Insulation Market 2021-2026| Current Trends, Issues, Challenges, Forecasts, Competition Analysis, and Companies Involved The global insulation market size is expected to reach USD 79.06 billion by 2026, on account of the increasing number of building and construction activities worldwide. Insulation is used for maintaining the average temperature inside a building by reducing the transfer of heat between adjacent environments. Additionally, it reduces carbon footprint by restricting heat conduction to the external environment and utilizing less energy for maintaining an average temperature. According to a recently published report by Fortune Business insights™ titled, “Insulation Market Size, Share and Global Trend, By Material (Mineral Wools {Glass Wool, Stone Wool}, Foamed Plastics {Expanded Polystyrene [EPS], Extruded Polystyrene [XPS], Polyurethane [PU], Polyisocyanurate [PIR], Others}, Cellulose, Aerogels, Others), By Application (HVAC & OEM, Transportation, Packaging, Building & Construction, Others), and Geography Forecast till 2026,” the market size was USD 55.16 billion in 2018 and is projected to exhibit a CAGR of 4.6% between 2019 to 2026. Market Drivers Fire Resistant Property of Insulated Buildings to Attract High Market Revenue Two significant factors are primarily responsible for the global insulation market growth. These include the increasing requirement for insulation in the building and construction industry to maintain the indoor temperature and to reduce the carbon footprint of the building. Secondly, insulation offers properties such as fire, impact, and acoustic resistance to building structures, and this is further anticipated to aid in the expansion of the market in the forecast period. Regional Segmentation: Asia Pacific to Emerge Dominant Attributable to Government-supported Sustainable Infrastructural Development Geographically, Asia Pacific is holding the largest insulation market share on account of the swift development of economic powerhouses that emphasizes strongly on energy-saving solutions for infrastructural development, supported by regional governments. On the other side, the markets in Europe and North America will witness significant growth in the forecast period. In 2018, North America generated a revenue of USD 12.08 billion. According to a lead analyst at Fortune Business Insights™, “This growth is attributed to the increasing awareness about advantages of insulation and rise in need for Zero-energy-buildings policies set as environmental regulations.” Competitive Landscape: Collaborative Efforts and Acquisitions to Intensify Market Competition The competitive landscape of the market is consolidated in nature with the presence of the top ten companies. Significant insulation market manufacturers are emphasizing on expansion of regional boundaries for gaining a competitive edge in the market. Additionally, companies are also entering into strategic collaborations such as partnerships, mergers and acquisitions, contracts and agreements, joint ventures, and others. The primary objective of companies is to produce insulation systems with the help of advanced technologies and materials. Players are also trying to focus on technology up-gradation, improving operational efficiency, and are therefore making considerable investments in research and development of advanced insulation products. Browse Link: - https://www.fortunebusinessinsights.com/insulation-market-102423

Stand-up Pouches Market Analysis, Segmentation, Growth, Trends, Demands, Emerging Technology by Regional Forecast to 2028 The global stand-up pouches market size is expected to reach USD 20.12 billion by 2026, due to the increasing demand for packaged food and beverage products worldwide. Also known as doypack, stand-up pouches are flexible packaging Source; https://www.fortunebusinessinsights.com/stand-up-pouches-market-102585