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:
2/2/2022Floor Coatings Market Share, Size, Revenue, Latest Trends, CAGR Status, Growth Opportunities and Forecast 2027 According to Fortune Business Insights™, the global floor coatings market size is projected to reach USD 4,734.9 million by 2027, exhibiting a CAGR of 7.8% during the forecast period. Rising preference for sustainable flooring solutions will be a central factor driving the growth of this market, as shares in its report. With growing pollution from buildings and infrastructures in urban areas, consumers are showing an increasing inclination towards adopting flooring products that have low levels of volatile organic compounds (VOCs) and low carbon emissions. As a result, several floor coating manufacturers are developing sustainable flooring solutions to meet this changing consumer behavior. For example, Ecoflor, a UK-based flooring company, has developed Smooth PU (polyurethane) and Liquid Vinyl floors that have long life expectancy and can be re-sealed or modified within premises. As a result, these floors are not only sustainable but are also cost-effective. Similarly, US-based Liquid Floors has been offering green epoxy floor coatings that have zero VOC content. Thus, the widening availability of green floor coatings will hugely benefit the growth of this market. As per the report, the global market value stood at USD 2,687.7 million in 2019. The report also provides the following: • A comprehensive evaluation of the various market drivers and trends; • Granular analysis of the challenges facing the market; • Careful segmentation of the market; and • In-depth study of the competitive milieu and regional prospects of the market.
2/1/2022Medical 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)
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