Global Desiccants Market

The flexible plastic packaging market consists of sales of flexible packaging by entities (organizations, sole traders, and partnerships) that manufacture flexible plastic packaging. Flexible packaging is economical and convenient way to package, preserve, and distribute food items, pharmaceuticals, cosmetic & personal care items, consumer storage and other consumables. Flexible plastic packaging involves various types of plastic material used for packaging different products such as snacks, beverages, vegetables, and others. Plastic materials used in flexible plastic packaging include polyethylene, polypropylene, polystyrene, and polyvinyl chloride among others. The main types of flexible plastic packaging include stand-up pouches, flat pouches, roll stock, gusseted bags, wicketed bags, wraps, others. Stand-up pouches are also known as doypack and are soft-sided containers that stand up on their own without any support. The technologies used in flexible plastic packaging includes flexography, rotogravure, digital printing and others. The flexible plastic packaging is used to pack a variety of items such as food, beverage, pharms & health care, personal care & cosmetics. The global flexible plastic packaging market size is expected to grow from $151.92 billion in 2021 to $158.88 billion in 2022 at a compound annual growth rate (CAGR) of 4.6%. The flexible plastic package market is expected to grow to $191.56 billion in 2026 at a CAGR of 4.8%. The increasing consumption of processed and packaged food will drive the growth of the flexible plastic packaging market in the forecast period. Packaged foods are food products that have been frozen, canned, cooked, packaged, or changed in nutritional composition and are preserved or fortified in different ways. Food brands are adopting flexible plastic packaging it consists of different types of packages that are easily molded. Therefore, high consumption of processed and packaged food propelled the demand for flexible plastic packaging during the period. Rise in environmental concerns limited the growth of the flexible plastic packaging market during the historic period. Non-recyclable plastic bags have become a leading source of pollution globally. There are concerns about plastic in waste and in marine litter. Heaps of plastic litters have been found on several beaches across the world, clogs city sewers and fuels a massive flow of plastic waste, killing wildlife including sea animals. In response, many countries have instituted stringent rules to control the use of plastic bags. China, for example, has issued complete bans on plastic bags. These concerns proved to be a challenge to the flexible plastic packaging industry. The launch of innovative packaging to attract more customers and expand the customer base of the company is a key trend in flexible plastic packaging. The companies operating in the flexible packaging market are focusing on manufacturing innovative and sustainable packaging solutions for end-users. For example, in February 2021, FreeForm Packaging AB, a Sweden-based packaging company launched one-sided stretchable paper laminate which is based on 85% paper. Stretchable paper laminate has two layers of fiber form, a thin layer of polyethylene is present on one of the layers which protects packaging and content. In March 2019, C-P Flexible Packaging, a USA-based innovative custom manufacturer and printer of flexible packaging, pouches, bags, shrink sleeves, and roll-fed labels acquired Flexo Transparent LLC for an undisclosed amount. This acquisition will substantially increase the range of product offerings and manufacturing capabilities to strengthen the value of C-P Flexible Packaging. Additionally, the acquisition also focuses on expanding C-P Flexible Packaging presence in the Northeast USA. Flexo Transparent LLC is a USA-based company engaged in manufacturing and selling flexible plastic packaging products. Major players in the flexible plastic packaging market are Constantia Flexibles, Amcor Limited, Berry Global Inc, Clondalkin Group Holdings BV, ProAmpac, Coveris, Bemis Company Inc, Bischof + Klein Se & Co Kg, Aluflexpack Ag, Cosmo Films Limited, and C-P Flexible Packaging. Asia Pacific was the largest region in the flexible plastic packaging market in 2021. The regions covered in the flexible plastic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the flexible plastic packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global flexible plastic packaging market is segmented - 1) By Type: Stand-Up Pouches, Flat Pouches, Rollstock, Gusseted Bags, Wicketed Bags, Wraps, Others 2) By Technology: Flexography, Rotogravure, Digital Printing, Others 3) By Application: Food, Beverage, Pharma and Health Care, Personal Care and Cosmetics, Others

The advanced packaging technologies market consists of sales of advanced packaging technologies by entities (organizations, sole traders, and partnerships) that provide various packaging techniques based on parameters such as power consumption, operating conditions, measurable size, and cost. Advanced packaging technologies are a collection of techniques that include 2.5D 3D-IC, wafer-level packaging, and more. It allows integrated circuits to be enclosed in a casing, which avoids metallic parts from corroding and physical damage. The main types of advanced packaging technologies are 3D integrated circuits, 2D integrated circuits, 2.5D integrated circuits, and other types. The 3D integrated circuit provides high bandwidth, small form factor, and multi-function integration in packaging. The various types of products include active packaging, smart and intelligent packaging, and are implemented in various verticals such as automotive and transport, consumer electronics, industrial, IT and telecommunication, and other end-user industries. The global advanced packaging technologies market size is expected to grow from $5.03 billion in 2021 to $5.71 billion in 2022 at a compound annual growth rate (CAGR) of 13.7%. The global advanced packaging technology market size is expected to grow to $8.95 billion in 2026 at a CAGR of 11.9%. The growing demand for consumer electronics is expected to drive the growth of the advanced packaging market in the coming years. Any electronic equipment intended to be bought and used by end-users or individuals for regular and non-commercial/professional purposes is referred to as consumer electronics (CE). Electronic devices must give more functionality with more processing power and faster speeds, resulting in increased module complexity. Advanced packaging technologies provide very reliable materials, function well, and are minimal in cost. For instance, global consumer electronics revenues are predicted to expand by 3.6% year over year (YoY) to $1.06 trillion in 2021. Additionally, according to the India Brand Equity Foundation (IBEF) report, in 2019, the Indian appliance and consumer electronics (ACE) industry were valued at $10.93 billion (Rs. 76,400 crores), and it is predicted to double by 2025, reaching $ 21.18 billion (Rs. 1.48 lakh crore). Therefore, the growing demand for consumer electronics propels the growth of the advanced packaging market. The growing technological advancements are shaping the advanced packaging technologies market. Major companies operating in the advanced packaging technologies sector are focused on developing technological solutions for advanced packaging to expand their leadership in semiconductor solutions. For instance, in May 2021 Samsung Electronics, a South Korea-based electronics company launched Interposer-Cube4 (I-Cube4), an advanced chip packaging technology for high-performance applications. Interposer-Cube4 (I-Cube4), a 2.5D packaging technology improves communication and power effectiveness among logic and memory chips and is projected to be widely used in sectors such as high-performance computing, artificial intelligence (AI), 5G, cloud, and the largest data center applicants. In December 2020, Graham Partners, Inc, a US-based private investment firm focused on investing in technology-driven companies acquired flexible packaging converting the business from Berry Global for an undisclosed amount. The flexible packaging converting business will be combined with Graham Partners’ flexible packaging portfolio company, Advanced Barrier Extrusions LLC. Through this acquisition, ABX expands geographically, adds attractive categories such as personal care and healthcare packaging, and increases its revenue by over $200 million, according to Graham Partners. Berry Global is a US-based manufacturer and marketer of advanced plastic packaging products. Major players in the advanced packaging technologies market are Amkor Technology, Intel, Advanced Semiconductor Engineering (ASE), Taiwan Semiconductor Manufacturing Company, Samsung Electronics, STATS ChipPAC, Qualcomm Technologies, IBM, Brewer Science, and SÜSS Microtec. Asia Pacific was the largest region in the advanced packaging technologies market in 2021. The regions covered in the global advanced packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the advanced packaging technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global advanced packaging technologies market is segmented - 1) By Type: 3D Integrated Circuit, 2D Integrated Circuit, 2.5D Integrated Circuit, Others 2) By Product: Active Packaging, Smart and Intelligent Packaging 3) By End-Use Industry: Automotive and Transport, Consumer Electronics, Industrial, IT and Telecommunication, Others

The pharmaceuticals market consists of sales of pharmaceuticals and related services by entities (organizations, sole traders and partnerships) that produce pharmaceuticals used in treating diseases. Pharmaceuticals can be any type of drugs that are used for medicinal purposes, in the treatment of diseases. This industry includes establishments that produce biologics and pharmaceutical drugs. The main types of pharmaceuticals are pharmaceutical drugs and biologics. Biologics are products that are made from or contain components of living organisms. The various nature included are organic and conventional that are distributed through supermarkets/hypermarkets, convenience stores, e-commerce and others. The global pharmaceuticals market size is expected to grow from $1454.66 billion in 2021 to $1587.05 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The pharmaceuticals market is expected to reach $3201.02 billion in 2026 at a CAGR of 19.2%. The population profile of most countries is becoming older. According to the WHO, by 2030, one in every six people on the planet will be 60 or older. The proportion of the population aged 60 and up will rise from 1 billion in 2020 to 2.2 billion by 2050. This rise in the aging population increased the patient pool of many chronic diseases such as rheumatoid arthritis, hypertension, diabetes and cancer. The increase in the patient pool drove the demand for pharmaceuticals used in the treatment of these diseases, significantly impacting market growth during this period. The biologics market growth will be hinder by severe shortage of skilled workforce for developing biologics drugs which require specialized skillsets. These skillsets are limited to some research organizations and medical equipment companies in the USA and Europe. According to a study conducted by the consulting firm Mercer, the United States will face significant healthcare worker shortages in the coming decade. The firm predicts a shortage of more than 400,000 home health aides and 29,400 nurse practitioners by 2025. This shortage will rise in competition and salaries for the limited talent pool available for biologics manufacturing, thereby limiting growth of the market during the forecast period. Pharmaceutical companies are offering drugs for customized individual treatment for various diseases. Personalized medicine, also referred to as precision medicine, aims to provide medical care according to the patient’s individual characteristics and genetic makeup. Precision therapies are increasingly being adopted as firms increasingly let go of the one-size-fits-all model for common medical conditions. Major companies such as GSK, Teva Pharmaceuticals and AstraZeneca are investing in development of personalized medicines. Major companies in the pharmaceuticals market include Johnson & Johnson, Novartis AG, Bristol-Myers Squibb, AbbVie, Sanofi S.A, Pfizer Inc., GlaxosmithKline, F. Hoffmann-La Roche Ltd., and Merck & Co, AstraZeneca North America was the largest region in the pharmaceuticals market in 2021. The Middle East is expected to be the fastest growing region in the forecast period. The regions covered in the pharmaceuticals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the pharmaceuticals market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The global pharmaceuticals market is segmented - 1) By Type: Pharmaceutical Drugs, Biologics 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others 3) By Nature: Organic, Conventional Subsegments Covered: Cardiovascular Drugs, Dermatology Drugs, Gastrointestinal Drugs, Genito-Urinary Drugs, Hematology Drugs, Anti-Infective Drugs, Metabolic Disorders Drugs, Musculoskeletal Disorders Drugs, Central Nervous System Drugs, Oncology Drugs, Ophthalmology Drugs, Respiratory Diseases Drugs, Monoclonal Antibodies (MAbs), Therapeutic Proteins, Vaccines

The nano-silica market consists of the sales of nano-silica products and related goods by entities (organizations, sole traders and partnerships) that are engaged in various fields. Nanosilica is an allotrope of silicon, which is the second most abundant element in the earth’s crust. Only goods and services traded between entities or sold to end consumers are included. The main types of nano-silica are P-Type, S Type, and Type III. The P-type nano-silica is characterized by various nanopores that consist of a pore rate of 0.61ml/g. The different raw materials include rice husk, olivine, bagasse, and other raw materials and are used in rubber, health and medicine, food, coatings, plastic, concrete, gypsum, cosmetics, electronics, and other applications. The global nanosilica market size is expected to grow from $3.52 billion in 2021 to $3.84 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The global nanosilica market size is expected to grow to $4.74 billion in 2026 at a CAGR of 5.4%. Increased demand for nanoparticles in the medical industry contributed to the growth of the nano-silica market. Nanoparticles are presently being engaged as a tool to explore the rarest approaches of medical sciences in several ways like imaging, sensing, targeted drug delivery, gene delivery systems, and artificial implants. According to the Royal Society of Chemistry, published in July 2020, the use of nanoparticles in medicine has been increased over the last ten years. Nanomaterials have various properties that make them suitable for a variety of clinical applications. One of the important benefits of nanoparticles is their small size of 10–200 nm allowing them to circulate the body without disrupting blood flow, and being able to avoid clearance by both the renal and complement systems.11 The size of clinically used nanomaterials is also helpful in cancer treatments, that nanoparticles could successfully penetrate tumour tissues The nanoparticles market experiences huge demand from the medical industry, which in turn will propel the revenues generated for the nano-silica market. An increase in the government-sanctioned lockdowns and several manufacturing plants being restricted for an inconsiderable period had impeded the growth of the global nano-silica market. The government shutdown has proved extremely tough for the construction industry which uses nano-silica in its cement-based materials, especially concrete. According to the BLDUP data published in 2020, the government shutdown’s impact on the construction industry was that all the construction projects that were under federal funding ended up losing profits and employee productivity. There have been 18 government shutdowns in the USA history, with the most recent one lasting to January 25, 2019, the longest to date. According to the Congressional Budget Office, the five-week cessation took a meaningful economic toll, costing the USA economy $11 billion, with nearly a quarter of that total invariably lost. Thus, the mass closure of construction industries has negatively affected the growth of the nano-silica market. The launch of 3D printing aerogel microstructures has created immense demand in the nano-silica market. The 3D-printed aerogel micro-structures provide thermal insulation for miniature components. For instance, in 2020, a team of EMPA in Switzerland has developed a technique to 3D print microstructures using insulating silica aerogels. The team has clicked in generating stable, well-acclimated microstructures from silica aerogel by utilizing a 3D printer. The printed structures can be as slender as a tenth of a millimetre. The aerogel can be used to insulate small electronic components and even build small pumps and sensors. The thermal conductivity of the silica aerogel is scarcely under 16 mW/(m*K), which is half of that of polystyrene, and even extremely less than that of a non-moving layer of air at 26 mW/(m*K). At an equivalent period of your time, the printed silica aerogel has even more evolved mechanical attributes and may even be riddled and crushed. This exposes completely new feasibilities for the post-processing of 3D-printed aerogel mouldings. In October 2021, Wacker, a company operating in nanosilica based in Germany acquired Sico Performance Material company for an undisclosed amount. With this acquisition, the Wacker company wants to expand its portfolio in silicon. Cisco Performance Material, a company operating in nano-silica specialized in silicon-based in China. Major players in the nano silica market are NanoPore Incorporated, Fuso Chemical, Evonik, Cabot Corporation, DuPont, AkzoNobel, Nanostructured and Amorphous Materials (NanoAmor), Wacker Chemie AG, Normet, and Nanosil Sdn. Asia Pacific was the largest region in the nano-silica market in 2021. The regions covered in the global nano-silica market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the nano-silica market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global nanosilica market is segmented - 1) By Type: P Type, S Type, Type III 2) By Raw Material: Rice Husk, Olivine, Bagasse, Others 3) By Application: Rubber, Health and Medicine, Food, Coatings, Plastic, Concrete, Gypsum, Cosmetics, Electronics, Others

The clay products and refractories market consists of sales of clay and refractory products by entities (organizations, sole traders, and partnerships) engaged in shaping, moulding, glazing, and firing pottery, ceramics, plumbing fixtures, and electrical supplies made entirely or partly of clay or other ceramic materials, refractories, non-clay refractories, ceramic tiles, bricks, and other structural clay building materials. Refractory materials are heated and then formed into bricks or other shapes for use in industrial applications. Equipment and tools used in clay product manufacturing include crushers, grinders, wire cutters, high-pressure cylinders, rollers, dryers, and burners. The main types of clay products and refractories are pottery, ceramics, plumbing fixtures, clay building material, and refractories. Pottery refers to the process of making vessels out of clay and other ceramic materials. The process of clay products and refractories includes grinding, cutting, mixing, shaping, and honing. The materials used include quartz, chamotte, sand, sawdust, slag, and pulverized coal. These are used in construction, automobiles, steel making, cosmetics, the food industry, and other end uses. The global clay products and refractories market size is expected to grow from $133.21 billion in 2021 to $146.16 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. The clay product and refractory market size is expected to grow to $205.16 billion in 2026 at a CAGR of 8.8%. The growth of the clay product and refractory manufacturing market is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP is 3.3% in 2020 and 3.4% in 2021. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in end-user markets, thereby driving the clay product and refractory manufacturing market during the forecast period. Major economies globally had positive growth, due to which the interest rates are expected to gradually increase. This will decrease the flow of cheap money that has been available for investment, making it difficult for companies to raise funds. For instance, in August 2021, According to the data by business-standard RBI will hike the interest rates in the first half of 2022. China’s Central Bank also raised the interest rates to limit the flow of capital out of the country. These factors are expected to hurt the clay product and refractory manufacturing market. Many clay product and refractory manufacturing companies are using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reducing potential breakdowns. For instance, according to a report by Boston Consulting Group (BCG), 1.2 million industrial robots are expected to be deployed by 2025, thus indicating a rise in automation and robotics technology adoption to improve productivity and reduce production costs. Major companies in the clay products and refractories market include LIXIL Group, Internacional De Cerámica, S.A.B. De C.V, Kyocera Corporation, Compagnie de Saint-Gobain S.A., Mohawk Industries, Inc, RHI Magnesita N.V, The Siam Cement Group Public Company Limited, Imerys S.A, Vesuvius plc, and Corning Incorporated. Asia Pacific was the largest region in the clay products and refractories market in 2021. Western Europe was the second-largest region in the clay products and refractories market. The regions covered in the clay products and refractories market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries in the clay products and refractories market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global clay products and refractories market is segmented - 1) By Type: Pottery, Ceramics, and Plumbing Fixtures, Clay Building Material and Refractories 2) By Process: Grinding, Cutting, Mixing, Shaping, Honing 3) By Material: Quartz, Chamatte, Sand, Sawdust, Slag, Pulverized Coal 4) By End-User Vertical: Construction, Automobiles, Steel Making, Cosmetics, Food Industry, Others

The mineral market consists of sales of mineral products by entities (organizations, sole traders and partnerships) that offer products such as bricks, refractories, ceramic products, and glass and glass products. The main types of minerals are cement and concrete products, glass and glass products, other non-metallic mineral products, clay products and refractories, and lime and gypsum products. Cement and concrete products refer to the products that are used in building houses. The various applications involved chemicals manufacturing, metallurgy, electrical grid infrastructure, electronics, glass products, vehicles, and other applications. These are used in construction, manufacturing, and by other end-users. The global mineral market size is expected to grow from $873.37 billion in 2021 to $959.33 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The global mineral market size is expected to grow to $1,340.29 billion in 2026 at a CAGR of 8.7%. The imposition of high taxes on cement and concrete products limited the growth of the mineral products market. Mineral products such as cement, made from a different combination of minerals, are generally sold in high volumes at low prices, but heavy taxes imposed on cement and concrete products restrained the market’s growth. In Jul 2021, according to Cleartax, Cement will attract 28% GST resulting in increased costs for the infrastructure sector, The tax of limestone is at 5%. India's cement industry is the second-largest producer of cement after China. High taxes on cement negatively affected the mineral products market. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the mineral products market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, the Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Manufacturers depend heavily on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. The outbreak has hurt businesses throughout 2020 and into 2021. However, it is expected that the mineral products market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Advanced ceramics are cost-effective and are considered to be better alternatives to metals, plastics and glass because of their ability to offer better performance. Advanced Ceramics are identified by their high chemical purity and careful processing. It is used as thermal barrier coating in the hot part of engines, ceramic composite, thermal protection systems, engine components and even in sensors and antennas. For instance, advanced ceramics reached$10.41 Billion in 2021, at a compound annual growth rate of 6.5%, thus indicating an increase in the usage of advanced ceramics. GE Aviation’s $4.3 billion five-year investments, in US operations, were used for producing a new generation of jet engines, aircraft systems and engine components advanced ceramics. Major companies in the mineral market include China National Building Material Group Co. Ltd., Compagnie de Saint-Gobain S.A., LafargeHolcim Ltd., HeidelbergCement AG, Anhui Conch Cement Company Limited, CRH plc, Votorantim S.A, Cemex SAB de CV, Guardian Industries LLC, and Asahi Glass Co. Ltd. Asia Pacific was the largest region in the mineral market in 2021. Western Europe was the second-largest region in the global minerals market. The regions covered in the global mineral market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the mineral market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global mineral market is segmented - 1) By Type: Cement and Concrete Products, Glass and Glass Products, Other Non-Metallic Mineral Products, Clay Products and Refractories, Lime and Gypsum Products 2) By Application: Chemicals Manufacturing, Metallurgy, Electrical Grid Infrastructure, Electronics, Glass Products, Vehicles, Others 3) By End-User: Construction, Manufacturing, Others Subsegments Covered: Cement, Ready-Mix Concrete, Concrete Pipe, Brick, and Block, Other Concrete Products, Flat Glass, Container Glass, Glassware and Other Glass Products Pottery, Ceramics, and Plumbing Fixtures, Clay Building Material and Refractories, Lime Products, Gypsum Products

The alumina and aluminium production and processing market consist of sales of alumina and aluminium by entities (organizations, sole traders and partnerships) primarily engaged in alumina extraction primarily from bauxite ore, producing aluminium from alumina, recovering aluminium from scrap or dross, refining aluminium by any process, alloying purchased aluminium and rolling, drawing, casting, extruding and alloying aluminium and aluminium-based alloy into primary forms such as bar, foil, pipe, plate, rod, sheet, tube, wire. The main types of alumina and aluminium production and processing are aluminium product manufacturing from purchased aluminium, secondary smelting and alloying of aluminium, and alumina refining and primary aluminium production. Secondary smelting will utilize secondary resources to convert or recover lead metal. An aluminium alloy is a composition containing mainly aluminium to which other elements have been added. The alloy is made by combining the elements when aluminium is molten (liquid), which cools to form a homogeneous solid solution. The various applications involved automotive, manufacturing, and other applications. The global alumina and aluminum production and processing market size is expected to grow from $688.45 billion in 2021 to $788.58 billion in 2022 at a compound annual growth rate (CAGR) of 14.5%. The alumina and aluminium production and processing market is expected to grow to $1,107.63 billion in 2026 at a CAGR of 8.9%. Aluminium manufacturers are producing customized aluminium alloys for automobile manufacturers to produce lightweight vehicles. The use of aluminium alloys in vehicles reduces carbon emissions Increases fuel economy and improves overall stability as aluminium alloys considerably reduce vehicle body weight. This is primarily driven by stringent emission regulations and growing pressure to improve the economy by many national and state governments. For instance, the US government’s federal emission standards make it mandatory for automobile manufacturers to increase corporate average fuel economy (CAFE) to 54.5 mpg by 2025. This increase in CAFE is being achieved by increasing the aluminium content in the vehicle’s body to reduce its weight by around 30%. In line with this trend, global automobile manufacturers are increasing the aluminium content in their vehicles. Major players in the alumina and aluminium production and processing market are Rio Tinto, Weiqiao/ Hongqiao Group, United Co RUSAL PLC, Alcoa, and Norsk Hydro. Asia Pacific was the largest region in the alumina and aluminium production and processing market in 2021. Western Europe was the second-largest region in the alumina and aluminium production market. The regions covered in the alumina and aluminium production and processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the alumina and aluminium production and processing market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global alumina and aluminum production and processing market is segmented - 1) By Type: Aluminum Product Manufacturing from Purchased Aluminum, Secondary Smelting and Alloying of Aluminum, Alumina Refining and Primary Aluminum Production 2) By Application: Automotive, Manufacturing, Others Subsegments Covered: Sheet, Plate, Foil, Welded Tube, Aluminum Smelting, Aluminum Alloying, Alumina Refining, Aluminum Production

The activated carbon market consists of sales of activated carbon by entities (organizations, sole traders, and partnerships) that manufacture activated carbon. Activated carbon is used to purify gases and liquids in a variety of applications such as municipal drinking water, industrial pollution control, food and beverage processing, and odor removal. It also helps in de-colorization and solvent purification in industrial sectors such as chemical, petrochemical, mining, and automotive. Activated carbon is produced from carbonaceous sources such as nutshells, coal, coconut, wood, and peat. The main types of activated carbons are powdered activated carbon, polymer-coated activated carbon, granular activated carbon, bead activated carbon, extruded or pelletized activated carbon, and other types. Powdered activated carbon is referred to as a high-performance absorbent that is used to remove harmful contaminants in gas, air, and liquid phases. It can be used to provide clean water that is safe to drink. The various applications of activated carbons include liquid phase applications, gas phase applications, metal extraction, medicine, and other applications. The main end-uses of activated carbons are water treatment, food and beverage processing, pharmaceutical and medical, automotive, air purification, and Other End-Users. The global activated carbon market size is expected to grow from $4.8 billion in 2021 to $5.4 billion in 2022 at a compound annual growth rate (CAGR) of 12.5%. The global activated carbon market size is expected to grow to $8.73 billion in 2026 at a CAGR of 12.8%. The growing demand for clean water is expected to drive the growth of the activated carbon market. Rapid urbanization and industrialization are surging demand for clean water and activated carbon, as activated carbon is a key ingredient in water purification. According to the United Nations World Water Development Report, nearly 6 billion people are expected to suffer from the lack of clean water by 2050. Therefore, the increasing need for clean water and clean water scarcity is expected to generate high demand for activated carbon for water purification in the forecast period. Price fluctuation in raw materials is anticipated to restrain the market for activated carbon in the forecast period. The shortage of raw materials such as coconut shell charcoal leads to an increase in raw material costs, resulting in higher manufacturing costs. The increasing costs of some grades of activated carbon would act as a restraint for the market in the forecast period. Strategic initiatives such as technological advancements and innovative product development are gaining significant popularity in the activated carbon market. The companies are increasingly focusing on developing new innovative products such as honeycomb activated carbon which is environmentally friendly and is designed to be powerful and flexible for large area purification. Honeycomb-activated carbon is a highly effective carbon that is used to remove unpleasant odors and pollutant particles. For instance, in January 2021, Tantech, a China-based company launched a variety of combination honeycomb activated carbon. Other innovative products include activated carbon masks by Sweden-based Jacobi Carbon, for clear air delivery. The mask uses activated carbon in combination with dust aerosol and other particulate matter filtration systems for cleaning the air and can also be used as a mask. In October 2020, Brenntag SE, a Germany-based chemical and ingredients distribution company signed an agreement to acquire Comelt S.p.A and its subsidiary Aquadepur S.R.L. for an undisclosed amount. With the acquisition of Comelt S.p.A., Brenntag plans to expand the local and international business for activated carbon. Moreover, the acquisition of Comelt S.p.A is expected to help the company better assist customers with meeting their sustainability objectives. Comelt S.p.A is an Italy-based company engaged in processing, marketing, and distribution of activated and re-activated carbon for various applications such as water purification and filtration of the flue and air gas. Major players in the activated carbon market are Calgon Carbon Corporation, Haycarb PLC, Kureha Corporation, Donau Carbon GmbH, Silcarbon Aktivkohle GmbH, Puragen LLC, Universal Carbons, Adsorbent Carbons, Shinkwang Chem Ind Co Ltd, and Century Chemical Works Sdn Bhd. Asia Pacific was the largest region in the activated carbon market in 2021. North America was the second-largest market in the activated carbon market. The regions covered in the activated carbon market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the activated carbon market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global activated carbon market is segmented - 1) By Type: Powdered Activated Carbon, Polymer Coated Activated Carbon, Granular Activated Carbon, Bead Activated Carbon, Extruded or Pelletized Activated Carbon, Others 2) By Application: Liquid Phase Applications, Gas Phase Applications, Metal Extraction, Medicine, Others 3) By End-User: Water Treatment, Food and Beverage Processing, Pharmaceutical and Medical, Automotive, Air Purification, Others