The global polyurethane industry was USD 56.45 billion in 2020. The market is projected to grow from USD 57.34 billion in 2021 to USD 81.74 billion in 2028 at a CAGR of 5.1% during the 2021-2028 period.

This information is provided by Fortune Business Insights™, in its report, titled, “Polyurethane Market, 2021-2028.”

According to our expert analysts, the rising usage of ground-breaking production technologies with progressive characteristics is predicted to influence the PU market affirmatively. For instance, the formation of TPU and PU acrylate oligomers that are amalgamated and radiation-cured to attain semi-interpenetrating polymer networks (IPN).

Report Coverage

The report delivers a complete study of the polyurethane industry along with up-to-date trends and forthcoming anticipations to inaugurate approximate investment profits. An in-depth breakdown of any upcoming chances, threats, competitions or driving aspects is also mentioned in the report. Moreover, methodical and detailed regional examination is offered in the report. The COVID-19 influences have been added to the report in order to assist investors and business owners to comprehend the threats in an amplified manner. The key players in the market are acknowledged, and their tactics to encourage the market growth are shared in the report.

Segmentation

The market is segregated into rigid foam, flexible foam, molded foam, elastomers, adhesives & sealants, coatings, and others, on the basis of form.

Based on the application, the market is branched into furniture, construction, electronics, automotive, packaging, footwear, and others. Amongst these, the furniture segment is anticipated to record fastest growth rate during the forecast period.

Geographically, the global market is classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Regional Insights

Asia Pacific was worth USD 25.66 billion in 2020. Asia Pacific is predicted to hold a major polyurethane market share in terms of revenue as well as volume and is expected to display substantial growth.

North America is projected to exhibit a significant growth in this PU market. The dominating country in the region, the US utilizes this material in the automotive as well as construction applications, which will assist the market growth.

Europe will demonstrate considerable growth owing to the surging applications of polyurethane in the manufacturing of machinery and furniture.

Competitive Landscape

The dominating players in the market are incessantly rooting for proficient approaches to thrust their brand value as well as validate the global market growth of the product by confronting least possible hindrances. One such competent strategy is purchasing competitive companies and further safeguarding a profit for both the involved companies.

Industry Development

July 2020: BASF and Yutong Bus Co. Ltd., who are a bus manufacturer, co-jointly invented a progressive polyurethane-based seating system intended for buses. This seating is produced utilizing Elastoflex PU of BASF and delivers augmented flame-retardant characteristics.

List of Key Players Covered in the Report

BASF SE (Germany)
The Dow Chemical Company (US)
Covestro AG (Germany)
Yantai Wanhua Polyurethanes Co., Ltd. (China)
Huntsman (US)
Foamcraft, Inc. (US)
Mitsui Chemicals & SKC Polyurethanes Inc. (South Korea)
Lanxess (Germany)
Eurofoam Group (Austria)
Inoac Corporation (Japan)
Rogers Corporation (US)
Recticel (Belgium)
Future Foam, Inc. (US)
Tosoh Corporation (Japan)
Armacell (Germany)
Fxi-Foamex Innovations (US)
Compagnie De Saint-Gobain SA (France)
Information Source:

https://www.fortunebusinessinsights.com/industry-reports/polyurethane-pu-market-101801

The global e-commerce packaging market size was USD 46.50 billion in 2022. The market is anticipated to expand from USD 49.74 billion in 2023 to USD 86.93 billion by 2030, exhibiting a CAGR of 8.3% over the study period.

The surge is driven by the increasing product demand in developing economies due to soaring disposable income. An additional factor fueling industry expansion in these countries is the growing number of smartphone users.

Fortune Business Insights™ provides this information in its research report, titled “E-commerce Packaging Market, 2023-2030”.

Segmentation:

Paper & Paperboard Segment to Lead, Impelled by Wide Product Usage in Food & Beverage Sector

On the basis of material, the market is subdivided into plastic, glass, paper & paperboard, and others. The paper & paperboard segment holds a dominant share in the market and is set to record notable growth over the projected period. The rise is driven by the extensive use of paperboard for packaging food items such as dry goods, candy, dairy products, beverages, and frozen foods.

Rigid Packaging Segment to Exhibit Fastest Growth, Driven by Soaring Deployment for Carrying Heavyweight Products

On the basis of packaging type, the market is fragmented into rigid and flexible. The rigid packaging segment is slated to grow at the fastest rate over the forecast period. This can be attributed to the growing usage of rigid packaging solutions in carrying heavyweight items such as electronic goods, fruit, wine, appliances, and vegetables.

Food & Beverages Segment Holds Major Share Owing to Rise in Brand Loyalty Programs

On the basis of end-user, the market for e-commerce packaging is subdivided into food & beverages, apparel & accessories, pharmaceuticals, electronics & electricals, personal care & cosmetics, and automotive. The food & beverages segment holds a key share in the global market. The expansion can be credited to an increase in online food delivery and an upsurge in brand loyalty programs.

Based on geography, the market for e-commerce packaging has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:

The E-commerce packaging market research report gives an in-depth analysis of the major factors driving the market. It further provides an overview of the key trends in the market. Other components of the report include an account of the pivotal steps undertaken by leading companies for consolidating their market positions.

Drivers and Restraints:

Increase in Market Value Owing to Global E-commerce Expansion

The e-commerce packaging market growth is being propelled by the expansion of the e-commerce sector across the globe. This can be credited to the escalating internet penetration in emerging economies. An additional factor fueling industry growth is the expansion of online grocery sales channels across North America, Asia Pacific, and Europe.

However, the lack of e-commerce awareness among the rural population may restrain market expansion to some extent.

Regional Insights:

North America to Hold Prominent Market Share Owing to Rising RTE Product Demand

North America's e-commerce packaging market share is set to lead the global market. This can be attributed to the surging demand for Ready-to-Eat (RTE) products and a rise in research and development activities.

The Asia Pacific market is slated to register notable growth over the forecast period. The surge is impelled by the expanding e-commerce sector in the region.

List of Key Players Mentioned in the Report:

Amcor plc (Switzerland)
Mondi Group (UK)
International Paper Company (US)
Smurfit Kappa (Ireland)
DS Smith (London)
Klabin SA (Brazil)
Georgia-Pacific LLC (US)
Rengo Co., Ltd. (Japan)
Orora Packaging Australia Pty Ltd. (Australia)
Berry Global (US)
Sealed Air (US)
Transcontinental Inc. (Canada)
source- https://www.fortunebusinessinsights.com/e-commerce-packaging-market-104885

The global superabsorbent polymers market size was valued at USD 10.29 billion in 2022. The market is projected to grow from USD 11.03 billion in 2023 to USD 18.16 billion by 2030, exhibiting a CAGR of 7.4% during the forecast period.

Superabsorbent Polymers (SAPs) are advanced polymeric networks composed of a variety of monomeric units such as sodium polyacrylate, polyacrylamide, and other specialized constituents. These innovative materials are poised to experience substantial market expansion due to the increasing consumer demand for personal care essentials, including baby diapers, adult incontinence products, and feminine hygiene items. Fortune Business Insights presents this information in their report titled "Global Superabsorbent Polymers Market, 2023–2030."

By application, the market is segmented into personal hygiene, medical, agriculture, and others. The personal hygiene segment is poised to emerge as the frontrunner in the market due to growing population and heightened health consciousness among individuals propelling the demand for a wide range of personal hygiene products. This includes baby diapers, feminine sanitary napkins, adult incontinence products, and similar items.

From the regional ground, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:

The report offers:

Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into regional developments.
List of major industry players.
Key strategies adopted by the market players.
Latest industry developments include product launches, partnerships, mergers, and acquisitions.
Drivers and Restraints
The utilization of SAP in the manufacturing of baby diapers takes precedence among all hygiene products, primarily due to a significant rise in the pediatric population. Projections from the World Bank Group indicate that the population within the age group of 0 to 14 is expected to reach 2.08 billion by 2050. This substantial growth in population is anticipated to drive an increased demand for personal hygiene products, thereby fueling the market growth.

However, declining population growth in some countries due to low fertility rate may stifle the superabsorbent polymers market growth.

Regional Insights
Asia Pacific has emerged as the frontrunner, commanding the largest superabsorbent polymers market share. It is also projected to experience the highest CAGR due to the successful implementation of government programs focused on childcare and women's health in major economies such as China and India within the region.

North America exhibits a notable penetration of personal hygiene products within its population. Furthermore, the region's growing elderly population is expected to be a significant driver of market growth specifically for adult incontinence products in the foreseeable future.

Competitive Landscape

Market Players Invest in R&D to Focus on Prioritizing Sustainability

Major industry players are actively investing in research and development endeavors to produce products using bio-based raw materials, aiming to minimize their environmental impact. Additionally, these market players are collaborating to incorporate recycled materials into the manufacturing process, further promoting sustainability within the SAP market.

Major Players Profiled in the Report:

Sumitomo Seika Chemicals (Japan)
Nippon Shokubai (Japan)
Sanyo Chemical/SDP Global (Japan)
BASF (Germany)
Evonik (Germany)
LG Chem (South Korea)
Taiwan Plastics (Taiwan)
Yixing Danson (China)
Satellite Science & Technology (China)
Shenghong Holding Group (China)
Quan Zhou Technology (China)
source-https://www.fortunebusinessinsights.com/superabsorbent-polymers-market-104602