Global Flexible Packaging Market is expected to foresee significant growth. APAC to lead the growth!

 

The global flexible packaging market is expected to witness a significant CAGR of around 4% during the forecast period owing to the increase in demand for longer shelf life of products and rising demand for customer-friendly packaging. Moreover, an increase in consumers’ propensity to eat out and a growing number of innovative fast-food chains are the driving factors for chain QSRs segment. Thus, growing demand for packaged food coupled with the convenience of use and cost effectiveness of flexible packaging is expected to drive the market demand. Flexible packaging is the most efficient and cost-effective approach for preserving, distributing, and packaging food products, beverages, pharmaceuticals, and a variety of consumables.

Furthermore, due to its numerous energy and environmental benefits, the packaging industry is shifting toward flexible packaging. Additionally, manufacturers have been compelled to provide environmentally friendly packaging choices that are safe and secure due to growing worries about the usage of biodegradable polymers for flexible packaging and its effects on the environment.

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A sharp decline in sales of personal care and electronics products, along with disruption of supply chains, affected the sales of flexible packaging during early 2020. Packaging manufacturers worldwide were affected by the lockdown in China, owing to the country being a key raw material supplier. Moreover, stringent government regulations against the use of single-use plastics also affected the industry, globally. In addition, during the same period, plastic waste generation has increased by 197 Mt. As a result, increasing the concern among the environmental bodies to control the production and use of primary plastic, hence promoting the use of recycled plastic. PET is one of the most widely used plastics today used in a range of industries including packaging foods and beverages especially convenience-sized soft drinks, juices, and water. Furthermore, it is completely recyclable and is the most recycled plastic worldwide. Moreover, companies across the globe are making efforts to promote sustainability thereby opting for a circular economy model, thus promoting the global plastic recycling business including recycled PET.

For a detailed analysis of the Global Flexible Packaging Market browse through - https://univdatos.com/report/flexible-packaging-market/

On the basis of raw material, the market is segmented into paper, plastic, and metal. In 2020, the plastic segment accounted for the largest revenue share. Flexible plastic packaging is widely used in e-commerce industry because it is easy to recycle, waterproof, and sturdy. Plastic is an excellent packing material for perishable goods like fruits, meat, and dairy products because it offers better shock absorption, greater structural and thermal stability, and can act as an insulator. Thus, steady growth of the category is anticipated as a result of rising demand for FMCG goods, household supplies and necessities, and medical essentials. However, the use of plastics is prohibited by strict laws, which is anticipated to impede market expansion.

Based on application, the flexible packaging market is divided into food & beverages, pharmaceutical, cosmetics, and others. Food and beverage industry accounted for a major share in the market. However, pharmaceutical application is expected to witness higher growth rate during the forecast period. In addition, major companies are investing heavily for the development of innovative products. For instance, in April 2022, Amcor announced the expansion of the pharmaceutical packaging line with new, environmentally friendly High Shield laminates. These new High Shield technologies provide solutions for more environmentally friendly pharmaceutical sachet, stick pack, and strip pack packaging made of paper- and polyolefin-based materials.

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For a better understanding of the market adoption of the flexible packaging, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC accounted for a majority share in the market and is expected grow at a significant CAGR during the forecast period. This is mainly ascribed to the explosive growth of end-use industries such as food and beverage, healthcare, and personal care sectors. Furthermore, food industry in the Asia Pacific region is gigantic in size and is therefore a key element in the economic development prospects for the region. Besides, several restaurant and food chain operators are improving their presence on digital platforms to extend their reach and improve revenue. In addition, online portals like UBER Eats, Zomato, and among others are helping players in the restaurant industry increase the number of delivery orders and takeaways. Thus, creating demand for flexible packaging. In addition, due to stringent government regulations manufacturers are keen on the production of eco-friendly and biodegradable food packaging materials from biodegradable waste.

Some of the major players operating in the market include Amcor Plc, Berry Global Inc., Mondi Group, Sealed Air Corporation, Coveris Holdings SA, UFlex Limited, Huhtamaki Group, Proampac LLC, WIPF Doypak (Wipf AG), and FlexPak Services LLC.

Global Flexible Packaging Market Segmentation

Market Insight, by Raw Material

·       Plastic

·       Paper

·       Metal

Market Insight, by Application

·       Food & beverages

·       Pharmaceutical

·       Cosmetics

·       Others

Market Insight, by Region

·       North America

o   The United States

o   Canada

o   Rest of North America

·       Europe

o  Germany

o  The United Kingdom

o  France

o  Italy

o  Spain

o  Rest of Europe

·       Asia-Pacific

o  China

o  Japan

o  India

o  Rest of Asia-Pacific

·       Rest of the World

Top Company Profiles

·       Amcor Plc

·       Berry Global Inc.

·       Mondi Group

·       Sealed Air Corporation

·       Coveris Holdings SA

·       UFlex Limited

·       Huhtamaki Group

·       Proampac LLC

·       WIPF Doypak (Wipf AG)

·       FlexPak Services LLC

Increasing Demand for Chemicals is Proliferating the Green Methanol Market

 

Green methanol is a low-carbon fuel that can be made from either biomass gasification or renewable electricity and captured carbon dioxide. Also, it is utilized as a fuel for transportation or as a sustainable energy storage medium for power produced by renewable sources. The need for alternative energy sources and fuels is growing due to the ongoing climate crisis, and green methanol is becoming increasingly popular due to its potential to help scale up environmentally friendly methanol technology and promote a sustainable future.

The Green Methanol Market is expected to grow at a steady rate of around 39% owing to the growing demand for green methanol from the shipping industry as a clean and sustainable fuel source. Major companies in the market offer green methanol for power generation applications with technologically advanced features. For instance, in September 2022, Sanlorenzo and Rolls-Royce announced to develop and build a large luxury yacht equipped with a methanol-powered engine propulsion system that would be running on carbon-neutral green methanol.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31043

According to UnivDatos Market Insights (UMI)’ research report “Global Green Methanol Market”, the market is expected to witness robust growth during the forecast period (2022-2028). This is mainly due to the growing demand for green methanol in the chemical industry coupled with the high adoption of green methanol in the transportation industry. For instance, WasteFuel, a California-based developer of bio-refineries focused on converting municipal solid waste into low-carbon fuels launched the WasteFuel Methanol Module, a new technology that will significantly accelerate the use of organic waste to produce green methanol.

Based on feedstock, the market is segmented into agricultural waste, forestry residues, municipal solid waste, CO2 emission, and others. The CO2 emission category is to witness higher CAGR during the forecast period because it is simpler and more readily available than with other feedstocks. Additionally, it helps industries in profit-making and adhering to environmental rules on the decrease of carbon dioxide emissions. Furthermore, the initiatives taken by the government are aiding the growth of the CO2 emission market. For instance, In August 2022, European Energy signed an agreement with Anaergia for the supply of up to 60,000 metric tons per year of liquefied biogenic carbon dioxide (CO2) for a period of the next ten years. Where European Energy use this CO2 to produce e-methanol for A.P. Moller – Maersk as part of their previously signed agreement in March 2022.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31043

Based on the application, the market is categorized into formaldehyde, methyl-tert-butyl-ether, gasoline, solvent, and others. Among these, formaldehyde to hold a significant share of the market in 2020. This is mainly due to the advantages formaldehyde offers as compared to its counterparts. Formaldehyde has been witnessing higher adoption as most glues for plywood, chipboard, or particleboard, furniture production, and the building industry are made with formaldehyde-based resins. In addition, the demand for formaldehyde is rising as the building sector expands in both developed and emerging nations which is driving the growth of the market.

Based on the end-user, the green methanol market has been classified into chemical, transportation, power generation, and others. The transportation category is to witness the highest adoption of green methanol during the forecast period. This is mainly due to the rising emphasis on the decarbonization of the marine industry. Additionally, it is also used as a fuel for vehicles and as a means of storing renewable energy. It is projected that the demand for green methanol from the transportation sector will increase because of the rising price and decreasing supply of conventional fuels like gasoline and diesel during the forecasted period.

APAC to witness extensive growth

For a better understanding of the market adoption of the green methanol industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly because green methanol is in higher demand in developing economies like China, India, Japan, and South Korea because of the rapidly expanding methanol consumption by the construction, automotive, and chemical industries. In addition, the government taking initiatives to increase the use of renewable fuel sources is driving the demand in the market. Furthermore, various market players across the globe are investing in green methanol R&D for the use of various end-user industries. For instance, Geely Holding Group and Jilin Zixin Pharmaceutical Co. Ltd are generating green methanol in their respective production facilities to support sustainable E-Fuels.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the green methanol market are BASF SE, Enerkem, Methanex Corporation, Carbon Recycling International, Southern Green Gas, OCI N.V., A.P. Møller – Mærsk A/S, Nordic Green Aps, Södra Skogsägarna, and Advanced Chemical Technologies Inc.

“Global Green Methanol Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.     

Market Segmentation:

1.      By Feedstock (Agricultural Waste, Forestry Residues, Municipal Solid Waste, CO2 Emission, and Others)

2.      By Application (Formaldehyde, Methyl-Tert-Butyl-Ether, Gasoline, Solvent, and Others)

3.      By End-User (Chemical, Transportation, Power Generation, and Others)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (BASF SE, Enerkem, Methanex Corporation, Carbon Recycling International, Southern Green Gas, OCI N.V., A.P. Møller – Mærsk A/S, Nordic Green Aps, Södra Skogsägarna, and Advanced Chemical Technologies Inc.)

Key questions answered in the study:

1.      What are the current and future trends of the global green methanol industry?

2.      How the industry has been evolving in terms of feedstock, application, and end-user?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global green methanol industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global green methanol suppliers across various region and countries?

Glycerol Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 Over the years, glycerol played a key role in the manufacturing of a range of essential products whether it’s food or pharmaceutical drugs. It is expected that as the global end-use industry is showcasing robust growth owing to changing market dynamics including growing income, large and growing population, urbanization, and changing people lifestyles, the demand for glycerol would grow as well. Besides this, in the last several years, increasing focus on sustainability has had an impact on the glycerol market as well. Increased output from biodiesel has resulted in a surge in the supply of crude glycerol. However, since crude glycerol does not meet the requirement of USP certification has limited application areas.

According to UnivDatos Market Insights (UMI)’ research report “Global Glycerol Market”, the market is expected to showcase a growth of around 6% during the forecast period. Rising demand from major end-use industries like food & beverage, personal care & cosmetics, pharmaceutical, and nutraceuticals is one of the key factors driving the market. These industries are witnessing a surge in demand for final products owing to the rising population, increasing income, and changing lifestyle, therefore, to meet the growing requirement, industries are increasing the production capacity, thus in turn, increasing the procurement of raw materials used to manufacturer final consumer essential products, eventually boosting the market for glycerol.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31032

Based on source, the market is categorized into biodiesel, fatty alcohols, fatty acids, and soap. Among these, the biodiesel category is likely to showcase robust growth owing to the increased output of biodiesel as consumers are shifting towards sustainable alternatives to conventional fossil fuels. Glycerol is produced in the conversion of oils to biodiesel, thus with increasing production of biodiesel, the supply of glycerol would increase as well. However, the limited application of biodiesel-based glycerol due to not meeting the USP certification requirement might create a hindrance in the market growth.

Based on end-user, the market is categorized into food & beverage, pharmaceutical, nutraceutical, personal care & cosmetics, and others. Among these, the personal care & cosmetics industry accounted for a prominent share of the market and is expected to retain its position during the forecast period. Rising awareness regarding hygiene and growing cosmetic influence among the new generation are some of the key factors propelling the market for personal care & cosmetics, thereby fueling the market for glycerol.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31032

Asia-Pacific is expected to showcase robust growth over the forecast period

For a better understanding of the market adoption of Glycerol, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. The Asia-Pacific region is likely to showcase robust growth over the forecast period owing to bolstering growth in end-use industries of the regional economies due to rising internal consumption and increasing export of final products from the regional countries.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global Glycerol market include Cargill Incorporated, BASF SE, The Procter & Gamble Company, Oleon NV, KLK OLEO, The Dow Chemical Company, The Archer-Daniels-Midland Company, Wilmar International Limited, Pacific Oleochemicals Sdn Bhd, and Kao Corporation. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

“Global Glycerol Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1.      By Source (Biodiesel, Fatty Alcohols, Fatty Acids, and Soap)

2.      By Type (Crude and Refined)

3.      By End-User (Food & Beverage, Pharmaceutical, Nutraceutical, Personal Care & Cosmetics, and Others)

4.      By Region (North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of APAC), and Rest of World)

5.      By Company (Cargill Incorporated, BASF SE, The Procter & Gamble Company, Oleon NV, KLK OLEO, The Dow Chemical Company, The Archer-Daniels-Midland Company, Wilmar International Limited, Pacific Oleochemicals Sdn Bhd, and Kao Corporation)

Key questions answered in the study:

1.      What are the current and future trends of the global glycerol industry?

2.      How the industry has been evolving in terms of source, type, and end-user?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global glycerol industry?

5.      What are the customer orientation, purchase behavior, and expectations from the global glycerol suppliers across various region and countries?

Flat Glass Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

Over the years, the demand for flat glass has showcased considerable growth as a result of increasing demand from architectural and automotive applications. In the last couple of decades, the world has witnessed the development of some of the biggest skyscrapers and mega projects which used flat glass on a major scale both for internal and external purposes. Further, after a long time, in 2021, the automobile industry has showcased the positive momentum in vehicle production which in turn provides a sense of relief to all the automobile suppliers including flat glass manufacturers. Besides all this, increasing investment in the solar-based renewable energy project is creating new growth opportunities for the market players.

According to UnivDatos Market Insights (UMI)’ research report “Global Flat Glass Market”, the market is expected to showcase a growth of around 6% during the forecast period. A large and growing construction industry owing to increasing investment in the infrastructure sector of emerging nations, a growing population that is looking for accommodation, and rising people per capita income. Further, recovery in automobile space is increasing vehicle production thereby increasing the demand for all the components used to make a vehicle including flat glass.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=30979

Based on type, the market is categorized into float glass, sheet glass, rolled glass, and others. Among these, float glass held the dominant position in the market in 2020 and is expected to retain its solid position in the market during the forecast period. This can be ascribed to the huge demand for float glass for architectural and automotive applications. Further, the float glass production process is less intricate compared to other types, as a result, it is easy for glass manufacturers to expand the production lines to meet the growing demand.

Based on application, the market is categorized into architecture, automotive, and others. Among these, the architecture category accounted for a significant share of the market and is expected to retain its market position over the forecast period. Increasing investment in the construction and infrastructure sector in emerging economies along with policies by several nations to provide houses to low-income people are some of the key factors driving the market for flat glass in architectural application.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=30979

Asia-Pacific is expected to showcase robust growth over the forecast period

For a better understanding of the market adoption of Flat Glass, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. During the forecast period, the Asia-Pacific region is likely to showcase robust demand for flat glass. This can be ascribed to the large base of the end-use consumer in the region along with the companies, especially in China which offers flat glass at a lower cost compared to international players.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global flat glass market include AGC Inc., Compagnie de Saint-Gobain S.A., Nippon Sheet Glass Co. Ltd., Guardian Industries, Şişecam Group, Vitro S.A.B. de C.V., Central Glass Co. Ltd., Fuyao Glass Industry Group Co., Ltd., China Glass Holding Ltd., and Xinyi Glass Holdings Limited. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

“Global Flat Glass Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1.      By Type (Float Glass, Sheet Glass, Rolled Glass, and Others)

2.      By Application (Architecture, Automotive, and Others)

3.      By Region (North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of APAC), and Rest of World)

4.      By Company (AGC Inc., Compagnie de Saint-Gobain S.A., Nippon Sheet Glass Co. Ltd., Guardian Industries, Şişecam Group, Vitro S.A.B. de C.V., Central Glass Co. Ltd., Fuyao Glass Industry Group Co., Ltd., China Glass Holding Ltd., and Xinyi Glass Holdings Limited)

Key questions answered in the study:

1.      What are the current and future trends of the global flat glass industry?

2.      How the industry has been evolving in terms of type and application?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global flat glass industry?

5.      What are the customer orientation, purchase behavior, and expectations from the global flat glass suppliers across various region and countries?

Anti-Wear Additives Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 

Anti-Wear Additives are lubricants that react with the metal surface at elevated temperature and pressure ambiance by forming a protective shield between metal surface which prevent metal surfaces from wearing under the boundary of lubrication condition. Anti-wear additives chemically react with the surface to form a low-shear-strength coating.

The Anti-Wear Additives Market is expected to grow at a steady rate of around 3% in the forecasted period. Anti-wear additives are generally used under mild conditions of low loads and high speeds to reduce the rate of continuous and moderate wear. The additive helps coat the application surface to protect the metal from wear over time. Factors such as surging demand for anti-wear additives across various end-user industries, especially automotive industries propelling the market for anti-wear additives. Increasing automotive production with a growing fleet of vehicles is fueling the market growth, owing to its extensive consumption of gearboxes for the protection of its metal surfaces. Also, growing automotive production coupled with an increasing fleet of vehicles is the key factor in driving the market of anti-wear additives.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=30962

According to UnivDatos Market Insights (UMI)’ research report “Global Anti-Wear Additives Market”, the market is expected to witness robust growth during the forecast period (2022-2028).

Based on the type, the anti-wear additives market is classified into ZDDP, phosphorus, and others. The ZDDP segment caters substantial share of the market. Zinc dialkyl dithiophosphates (ZDDPs) are very effective anti-wear agents that are used as machine lubricants (e.g., greases, hydraulic oils, and motor oils), including applications in the automotive industry. Moreover, ZDDP is the most commonly used anti-wear additive. That prevents oxidation and corrosion, driving the growth of this segment.

Based on application, the anti-wear additives market is segmented into the engine oil, hydraulic oil, metalworking fluid, and others. The engine oil segment caters considerable share of the market. Engine oils are made of a composition of additives and base oils. It is used on a large scale for maintaining viscosity, thereby reducing engine friction and wear. It helps keep the engine cool over long working durations, prevents corrosion, increases fuel efficiency, and reduces carbon emissions.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=30962

Asia Pacific is expected to witness extensive growth

For a better understanding of the market adoption of anti-wear additives, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), Rest of World. Asia Pacific is anticipated to grow at a substantial CAGR during the forecast period. This is mainly attributed to the increase in demand for anti-wear additives in diverse end-use industries such as industrial, mining, and construction industries. Demand for high-performance anti-wear agents and advancements in technologies are expected to support the growth of the market during the forecast period.

For More Informative Information, Please Visit Us – https://univdatos.com/report/antiwear-additives-market/

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Chemtura Corporation, Evonik, Lubrizol, Infineum, Chevron Oronite, Vanderbilt Chemicals, Tianhe Chemicals Group, Afton Chemical Corporation, BASF, and Croda International.

“Global Anti-Wear Additives Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.        

Market Segmentation:

1.      By Type (ZDDP, Phosphorus, and Others)

2.      By Application (Engine Oil, Hydraulic Oil, Metalworking Fluid, and Others)

3.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.      By Company (Chemtura Corporation, Evonik, Lubrizol, Infineum, Chevron Oronite, Vanderbilt Chemicals, Tianhe Chemicals Group, Afton Chemical Corporation, BASF, and Croda International)

Key questions answered in the study:

1.      What are the current and future trends of the global anti-wear additives industry?

2.      How the industry has been evolving in terms of type and application?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global anti-wear additives industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global outage management system’ suppliers across various region and countries?