Medium Density Fiberboard Market Size, Analysis, Share, Research, Business Growth and Forecast to 2028 The global medium density fiberboard market size was USD 38.25 billion in 2020. The market is projected to grow from USD 39.04 billion in 2021 to USD 57.11 billion in 2028 at a CAGR of 5.6% during the 2021-2028 period. This information is presented by Fortune Business Insights™, in its report, titled, “Medium Density Fiberboard Market, 2021-2028.” According to our researchers, these fiberboards are generally thicker than plywood, along with being noticeably cost-effective. These influences make it an outstanding substitute material for utilization where humidity resistance and large effect resistance are not compulsory features. For example, Medium Density Fiberboard is chiefly applied in the structuring of furniture cabinetry and wood floor boards and surfaces. COVID-19 Pandemic Expressively Interrupted Supply Chain of MDF The complete wood industry has been troubled by the spread of COVID-19 virus. Countless prime wood producing nations had declared lockdowns since the first half of 2020, which has impacted the supply of wood and resultant sub-products such as wood fibers. In addition, several businesses functioning in the worldwide Medium Density fiberboard sector also confronted constraints in their production happenings, which has further created commotion in the whole supply chain of this market. Fortune Business Insights™ lists out all the medium density fiberboard market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
2/2/2022Impact of COVID-19 on Confectionery Market Trends, Size, Share, Regional Analysis by Key Players | Industry Forecast by Categories, Platform, End - User The global Impact of COVID-19 on confectionery market size is projected to reach USD 188.52 billion in 2020, down from USD 202.63 billion forecasted before the coronavirus outbreak, as per the special Fortune Business Insights™ report on this market, titled “Impact of COVID-19 on the Confectionery Market Size, Share, Industry Analysis and Regional Forecast 2019-2026”. As the number of coronavirus cases around the world continues to escalate, currently numbering at 2.8 million with over 200,000 deaths, nations have imposed strict lockdowns and mass quarantines to quell the spread of the infection. For instance, Italy, one of the worst-hit countries, implemented a nationwide lockdown, quarantining 60 million residents, and shutting down all sorts of economic activities. Similar scenes have been seen in countries such as France, UK, China, and India. The abrupt halt of economic activities has severely impacted the confectionery market growth as people have limited their purchases to essential items exclusively while holding off their consumption of leisure products such as chocolates and bakery items. List of Companies Covered in the Confectionery Market Report: • Orion Corp • Pladis • Nestlé SA • Meiji Co. Ltd.
2/2/2022Medical Plastics Market Movements by Trend Analysis, Growth Status, Revenue Expectation to 2028 The global medical plastics market size is projected to reach USD 54.29 billion by 2027, exhibiting a CAGR of 7.1% during the forecast period. The meteoric rise in the demand for personal protective equipment (PPE) across countries will inevitably fuel the uptake of these plastics, finds Fortune Business Insights™ in its report, titled “Medical Plastics Market Size, Share & COVID-19 Impact Analysis, By Application (Medical Disposables, Medical Instruments, Prosthetics & Implants, Drugs Packaging, and Others), and Regional Forecast, 2020-2027”. PPE is made from plastics and other polymers and the on-going COVID-19 pandemic has escalated the demand for such equipment among frontline health workers worldwide. In Texas, for instance, the request for PPE from healthcare facilities surged from less than 2,000 in the third week of June to more than 22,000 in the last week of the same month. In India, the Apparel Export Promotion Council (AEPC) estimates that the domestic demand for PPE will be worth INR 10,000crore in the upcoming year and worldwide, the business will stand at an estimated value of USD 60 billion. Thus, the outbreak of the COVID-19 pandemic is expected to prove beneficial for this market in the immediate future. The report states that the global market value stood at USD 29.93 billion in 2019 and answers the following questions: • What are the primary growth drivers for this market? • What challenges does the market face? • Which are the top market trends and upcoming opportunities? • Who are the major players and what are their key strategies? • Which are the most promising regions for the market?
2/1/2022Copper Foil Market Size, Analysis, Share, Research, Business Growth and Forecast to 2028 The global copper foil market size is projected to reach USD 10,375.6 million by 2028, exhibiting a CAGR of 7.9% during the forecast period. According to a recent report by Fortune Business Insights™, titled “Copper Foil Market, 2021-2028”, the value of the market stood at USD 5,703.0 million in 2020. Increasing Smartphone Adoption to Favor Market Growth Economic growth and development in several countries can be seen in the soaring demand for electronic products, especially smartphones, over the last decade. A 2019 survey by Pew Research Center revealed that over 5 billion people around the globe own mobile devices and more than 50% of these are smartphones. Further, a GSMA report cited by the World Economic Forum in 2019 predicts that by 2025 global smartphone ownership will rise to 79% from the current 60%. Growing smartphone production will hugely benefit this market because the copper foil is an essential component in any electrical device. It is primarily used in circuit boards, which are installed in all kinds of electrical devices, to send and receive electrical signals. Expanding smartphone ownership will, thus, bolster the prospects of this market. List of the Leading Companies Profiled in the Global Copper Foil Market are: • ILJIN Materials Co., Ltd. (South Korea)
2/1/2022or
By clicking below, you agree to our terms of service.
New to HackMD? Sign up