Kefir Market Comprehensive Research Study, Competitive Landscape and Forecast to 2027 The global kefir market size is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. Excellent benefits of fermented dairy products on heart health will prove to be a major game-changer for this market in the coming years. Findings from a 2018 study conducted by researchers from the University of Eastern Finland revealed that men who consume large amount of fermented dairy items such as kefir and yoghurt have a significantly lower risk of developing coronary heart disease. Another study, conducted in Brazil and published in the Journal of Nutritional Biochemistry in 2019, showed that kefir-infused fermented milk improved blood pressure and prevented cardiac hypertrophy. With increasing prevalence of cardiovascular disorders, which are the number one cause of death worldwide according to the WHO, the demand for probiotics-laden ingredients such as kefir is likely to spike, as people become more aware of their potential health benefits. List of Key Companies Profiled in the Kefir Market Report: The Icelandic Milk and Skyr Corp (New York, U.S.) Maple Hill Creamery, LLC (New York, U.S.) Green Valley Creamery (California, U.S.) The Hain Celestial Group, Inc. (New York, U.S.) Nestle S.A. (Vevey, Switzerland) Emmi AG (Lucerne, Switzerland) Fresh Made Dairy (Pennsylvania, U.S.) Biotiful Dairy Limited (London, England) Danone S.A. (Paris, France) Lifeway Foods, Inc. (Illinois, U.S.) Market Opportunity Increasing Focus on Gut Health to Fight the Coronavirus to Create Opportunities The COVID-19 pandemic has renewed the debate on maintaining gut health, with several health experts emphasizing and highlighting the critical link between the immune system and the gut. For example, epidemiologists at the King’s College London established through research that gut bacteria release many important chemicals, including Vitamin A, which help regulate and strengthen the immune system. With a vaccine for the coronavirus seeming unlikely in the immediate future, bolstering the gut micro-biome, and the immune system by extension, has become crucial. This is possible, according to the researchers, by consuming healthy amounts of natural probiotics found in drinks such as kefir and fermented foods such as Korean kimchi. The current health crisis, therefore, may generate conditions favorable to the kefir market growth. However, disruptions in supply chains and downturn in economic activities will dampen the growth prospects of the market in 2020. Regional Insights High Nutritional Awareness to Power Market Growth in Europe Europe, where the market size stood at USD 654.78 million in 2019, is expected to dominate the kefir market share during the forecast period. The central growth driver for this region is the widespread awareness about the nutritional requirements to maintain gut health. Emerging trend of healthy snacking is also expected to boost the demand for fermented milk in the region. Increasing investment in research to investigate the benefits of probiotic food & drinks by companies in North America will fuel the regional market growth. In Asia Pacific, the market will be mainly driven by the growing interest of consumers in novel, flavored probiotic products, especially dairy-based kefir, which held a share of 71.91% in 2019 in the region. Competitive Landscape Companies to Align Strategies to Serve Evolving Consumer Tastes With consumer preferences and tastes undergoing continuous change, key players in this market are constantly evolving their strategies to meet the consumer demand. As a result, companies are developing and introducing novel offerings to broaden their sales horizons and build a strong brand value for their products. Industry Developments: May 2020: Biotiful Dairy expanded its kefir liquid portfolio with the addition of Kefir Blackcurrant and Kefir Mango flavors. The company’s cultured milk beverages are created by fermenting milk with live kefir grains, which is then infused with fruit. September 2019: Lifeway Foods released the “Kefir Minis” product range at the Natural Products Expo East held in Baltimore, Maryland. Offered in small-sized bottles for on-the-go snacking, the line-up features four flavors, including Strawberry Split and Campfire S’mores, catering to kids’ tastes and likings. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/kefir-market-102463

Kefir Market Opportunities, Top Manufacture, Regional Analysis and Forecast by 2027 The global kefir market size is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. Excellent benefits of fermented dairy products on heart health will prove to be a major game-changer for this market in the coming years, observes Fortune Business Insights™ in its report, titled “Kefir Market Size, Share & Industry Analysis, By Product Type (Dairy-based & Non-dairy), By Nature (Organic & Conventional), Category (Flavored & Non-flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, & Online Retail), and Regional Forecast, 2020-2027”. Findings from a 2018 study conducted by researchers from the University of Eastern Finland revealed that men who consume large amount of fermented dairy items such as kefir and yoghurt have a significantly lower risk of developing coronary heart disease. Another study, conducted in Brazil and published in the Journal of Nutritional Biochemistry in 2019, showed that kefir-infused fermented milk improved blood pressure and prevented cardiac hypertrophy. With increasing prevalence of cardiovascular disorders, which are the number one cause of death worldwide according to the WHO, the demand for probiotics-laden ingredients such as kefir is likely to spike, as people become more aware of their potential health benefits. List of Key Companies Profiled in the Kefir Market Report: The Icelandic Milk and Skyr Corp (New York, U.S.) Maple Hill Creamery, LLC (New York, U.S.) Green Valley Creamery (California, U.S.) The Hain Celestial Group, Inc. (New York, U.S.) Nestle S.A. (Vevey, Switzerland) Emmi AG (Lucerne, Switzerland) Fresh Made Dairy (Pennsylvania, U.S.) Biotiful Dairy Limited (London, England) Danone S.A. (Paris, France) Lifeway Foods, Inc. (Illinois, U.S.) Market Opportunity Increasing Focus on Gut Health to Fight the Coronavirus to Create Opportunities The COVID-19 pandemic has renewed the debate on maintaining gut health, with several health experts emphasizing and highlighting the critical link between the immune system and the gut. For example, epidemiologists at the King’s College London established through research that gut bacteria release many important chemicals, including Vitamin A, which help regulate and strengthen the immune system. With a vaccine for the coronavirus seeming unlikely in the immediate future, bolstering the gut micro-biome, and the immune system by extension, has become crucial. This is possible, according to the researchers, by consuming healthy amounts of natural probiotics found in drinks such as kefir and fermented foods such as Korean kimchi. The current health crisis, therefore, may generate conditions favorable to the kefir market growth. However, disruptions in supply chains and downturn in economic activities will dampen the growth prospects of the market in 2020. Regional Insights High Nutritional Awareness to Power Market Growth in Europe Europe, where the market size stood at USD 654.78 million in 2019, is expected to dominate the kefir market share during the forecast period. The central growth driver for this region is the widespread awareness about the nutritional requirements to maintain gut health. Emerging trend of healthy snacking is also expected to boost the demand for fermented milk in the region. Increasing investment in research to investigate the benefits of probiotic food & drinks by companies in North America will fuel the regional market growth. In Asia Pacific, the market will be mainly driven by the growing interest of consumers in novel, flavored probiotic products, especially dairy-based kefir, which held a share of 71.91% in 2019 in the region. Competitive Landscape Companies to Align Strategies to Serve Evolving Consumer Tastes With consumer preferences and tastes undergoing continuous change, key players in this market are constantly evolving their strategies to meet the consumer demand. As a result, companies are developing and introducing novel offerings to broaden their sales horizons and build a strong brand value for their products. Industry Developments: May 2020: Biotiful Dairy expanded its kefir liquid portfolio with the addition of Kefir Blackcurrant and Kefir Mango flavors. The company’s cultured milk beverages are created by fermenting milk with live kefir grains, which is then infused with fruit. September 2019: Lifeway Foods released the “Kefir Minis” product range at the Natural Products Expo East held in Baltimore, Maryland. Offered in small-sized bottles for on-the-go snacking, the line-up features four flavors, including Strawberry Split and Campfire S’mores, catering to kids’ tastes and likings. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/kefir-market-102463

Personal Care Contract Manufacturing Market Size, Share, COVID-19 Impact, New Technological Advancements And Geographical Forecast Till 2029 According to Fortune Business Insights™, the global personal care contract manufacturing industry growth will significantly benefit from the rising disposable income in several countries across the world. The presence of several large scale companies will emerge in favor of market growth. “Personal Care Contract Manufacturing Market Sizeand Regional Forecast, 2022-2029,” the market derive growth from the integration of advanced concepts, that have widened the application scope of the product in the past few years. Personal care contract manufacturing refers to the handling of the manufacturing process associated with personal care products. The primary reason why this concept has gained popularity in the past few years is the complexity associated with manufacturing of personal care products. The rising disposable income and increasing spending power across the world has been pivotal to the growth of the personal care contract manufacturing market in the past few years. The presence of several large scale companies will emerge in favor of growth of the market in the coming years. The increasing number of company collaborations and acquisitions will provide impetus the growth of the market in the foreseeable future. Additionally the integration of advanced concepts has widened application scope, subsequently creating new growth opportunities for companies in this sector. COVID-19 Impact The rapid spread of the coronavirus has created a sense of urgency across the world. With strict measures taken to curb the spread of the disease, several major businesses have come to a standstill. Due to travel bans, companies in this sector are likely to take a huge hit in the coming years. Ultimately, the rapid spread of the disease has urged governments to take strict measures. The report includes the impact on Covid-19 pandemic on the global market and discusses how major companies are coping with this. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. Increasing Number of Company Mergers and Acquisitions will have a Massive Impact on Market Growth The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factors, the increasing number of company mergers and acquisitions has had the highest impact on the growth of the overall market in recent years. In January 2020, Silgan Holdings announced that it had completed the acquisition of Albea’s dispensing company. The company stated that it spent around USD 900 million towards this acquisition. Through the acquisition of Albea’s dispensing company, Silgan Holdings will gain access to the former’s exceptional portfolio of personal care contractual services. This acquisition will not just help the company grow but will also have a massive impact on the global personal care contract manufacturing market in the foreseeable future. Asia Pacific to Emerge Dominant; Increasing Product Demand will Emerge in Favor of Market Growth The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The rising demand for personal care contractual services in this region will emerge in favor of growth of the regional market. The massive spending power, increasing disposable income, and the constantly rising population in countries such as India and China have contributed to market growth. Browse Summary: https://www.fortunebusinessinsights.com/personal-care-contract-manufacturing-market-102937

Tobacco Packaging Market 2021 Business Scenario | Top Players, Top Regions, SWOT, PESTEL by 2027 The tobacco packaging market witnessed progressive growth in the past few years with the advent and the increasing popularity of smokeless tobacco firms worldwide. These products such as gutka, chewing tobacco, snus, snuff, and gum acts as substitutes for cigarettes and are smokeless. As per a recent report by Fortune Business Insights titled, “Tobacco Packaging Market Size, Share & Industry Analysis, By Material (Plastics, Paper, Paperboard, and Others), By Packaging Type (Primary and Secondary), and Regional Forecast, 2020-2027,” this market is likely to rise at a CAGR of 3.0% and reach USD 20.45 billion by 2027 from USD 16.15 billion earned in 2019. The forecast period set for this market is between 2020 to 2027. We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. Drivers & Restraints- Focus on Increasing Shelf life and Quality of Products to Promote Growth The increasing consumption of tobacco products has propelled the need for tobacco packaging, thereby boosting the market. Besides this, the rising popularity of smokeless tobacco also augmented growth. Packaging is required for protecting the quality and authenticity of the product and to extend its shelf life. Specialty packaging products also protect the product from external temperatures or moistures. Therefore, the need for better packaging quality is expected to spur growth. On the other side, tobacco consumption may lead to serious health issues such as mouth cancer, lung cancer, and others. Therefore, governments of various nations have imposed stringent laws imposed on tobacco production, packaging, and consumption. This, coupled with restrictions imposed on the advertising of tobacco products on any medium may challenge the market in the coming years. Nevertheless, the increasing popularity of e-cigarettes and Heated Tobacco Units (HTU) is likely to create lucrative growth opportunities for the market in the forthcoming years. Major Regional Analysis- Asia Pacific Emerges Dominant Owing to Increasing Demand for Cigarettes In 2019, Asia Pacific earned a revenue of USD 9.30 billion and emerged dominant with Japan, China, and India emerging as the largest manufacturing units. This growth is attributable to the increasing demand for cigarettes. Europe ranks second in the market with the UK, Germany, and Russia emerging as leading nations. However, this region may face challenges in terms of stringent tobacco regulations in the forecast years. Furthermore, the rising demand for chewing tobacco, cigars, cigarettes, and other products from nations such as Egypt, South Africa, and Turkey are likely to help the Middle East and Africa witness substantial growth in the coming years. Information Source: https://www.fortunebusinessinsights.com/tobacco-packaging-market-102865

Bioplastics Market | 2020 Size, Growth, Share, And Industry Trends Forecast To 2026 The global biop polymer market size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years. Postponement of Green Investment by Government amid COVID-19 to Hamper Growth According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market. What does the Report Include? The global market for bioplastics report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period. DRIVING FACTORS Increasing Demand for Eco-Friendly Plastics to Aid Growth According to the data by Clean our Ocean, annually plastic is estimated to kill around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years. Browse Summary: https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940

Respiratory Protective Equipment Market Size, Share & Forecast 2027 The global respiratory protective equipment industry share is projected to reach USD 12.88 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Spread of the coronavirus through air route will surge the adoption of RPE throughout 2020, observes Fortune Business Insights™ in its report, titled “Respiratory Protective Equipment (RPE) Market Size, Share & COVID-19 Impact Analysis, By Product (Air Purifying Respirators (APR) {Unpowered Air-Purifying Respirators [Disposable Filtering Half Mask, Half Mask, and Full Face Mask], and Powered Air-Purifying Respirators (PAPR) [Half Mask, Full Face Mask, and Helmets, Hoods & Visors}, and Supplied Air Respirators {Airline Respirators, Self-Contained Breathing Apparatus (SCBA), Combination SAR/SCBA or APR/SAR}), By End-Use (Industrial, Oil & Gas, Mining, Petrochemical, Construction, Healthcare, Pharmaceuticals, Fire Service), and Regional Forecast, 2020-2027” Market Driver Extensive Utilization of RPE in Mining Industry to Stoke Growth Respiratory protective equipment is commonly used by miners owing to the massive health risks involved during mining operations, particularly coal mines. The most widely utilized RPE are powered air-purifying respirators (PAPRs) on account of their high efficacy in filtering out dust particles. These particles are known to cause severe lung disorders in miners who have had prolonged exposure to harmful dust. Such exposure has been known to lead to a common lung condition called pneumoconiosis, or dusty lung, which usually manifest in the form of silicosis and coal miners’ pneumoconiosis (CWP), or black lung. Both these conditions are incurable and invariably lead to premature deaths. Effective RPE can prevent miners from inhaling these toxic dust particles and save them from developing lifelong debilitating health conditions. Regional Insights Strict Implementation of Workplace Safety Rules to Accelerate the Market in North America In North America, where the market size stood at USD 2.5 billion in 2019, the market is expected to perform exceptionally well as regulatory bodies such as the Occupational Safety and Health Administration (OSHA) have been strictly imposing workplace safety rules. As a result, the adoption of RPE and other personal protective equipment such as hard hats has become mandatory in the US and Canada. Asia Pacific is expected to present lucrative opportunities owing to the rapid expansion of the construction, manufacturing, and healthcare sectors in the region. In Europe, the demand for effective RPE is escalating, primarily from workers in core industries. For example, Germany’s RPE market share in construction industry stood at 11.9% in 2019. Browse Link: - https://www.fortunebusinessinsights.com/respiratory-protective-equipment-rpe-market-103534

Aramid Fiber Market Scope and overview, Growth Study, Future Trends, Demands, and Top Players Data by Forecast to 2026 The global aramid fiber industry size is projected to reach USD 7,243.3 million by the end of 2027. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Aramid Fiber Market Size, Share & COVID-19 Impact Analysis and Regional Forecast, 2020-2027” the market was worth USD 4,522.6 million in 2019 and will exhibit a CAGR of 6.5% during the forecast period, 2020-2027. Aramid fibers are widely used across diverse industry applications, mainly due to their exceptional physical properties. The product is characterized by mechanical strength and excellent resistance to external factors including pressure and humidity. As this is a manmade fiber, availability is not an issue. The increasing demand for the product has led to the presence of several large scale manufacturing units across the world. The presence of several large scale manufacturers will have a direct impact on the growth of the overall market in the forthcoming years. Besides this, properties such as low flammability and good fabric integrity will contribute to the growing adoption of these fibers across diverse industry verticals in several countries. Covid-19 Pandemic has Limited Product Adoption in End-use Industries The recent coronavirus outbreak has had a massive impact on several economies across the globe. The efforts taken to curb the spread of the disease have limited the growth of businesses across the world. Due to the rapid spread of the disease, several countries are looking to implement strict measures with a view to controlling the spread of the disease. The measures are taken to curb the spread of the disease, including lockdown and social distancing practices have resulted in a shortfall of manpower and workforce. As a result, several production units have either been put on hold or being operated with limited resources. The demand for aramid fiber has gone down drastically in the past few months; a factor that will have a considerable impact on the overall market in the coming years. Increasing Number of Product Innovations will Emerge in Favor of Market Growth The report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting to the increasing demand for the product, there is healthy market competition across the world. Among all factors, the increasing number of product innovations has had the highest impact on the growth of the overall aramid fiber market in recent years. In September 2018, Snow Peak announced the launch of a new product through the integration of aramid fiber. The company introduced a new material fabric that is directed for use in outdoor apparel. The applications of aramid fiber are not limited to a single domain and this has been a major contributor to market growth. The increasing number of such product innovations will have a huge impact on the growth of the overall market in the forthcoming years. Europe to Emerge Dominant; Increasing Applications in Automotive Industry will Aid Growth The report analyzes the ongoing market trends across North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. Among all regions, the market in Europe is projected to emerge dominant in the coming years. The increasing applications of the product across diverse industry verticals by large scale companies based in this region will emerge in favor of market growth. The increasing demand for efficient fuel sources has given the platform for companies operating in this region. As of 2019, the market in Europe was worth USD 1615.7 million and this value is projected to rise at a considerable pace in the coming years. The market in Asia Pacific is projected to rise at the highest CAGR during the forecast period driven by the initiatives taken by government organizations for industrial safety in countries such as India and China. Browse Summary of This Research Report: https://www.fortunebusinessinsights.com/aramid-fiber-market-102183

Respiratory Protective Equipment Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast 2027 The global respiratory protective equipment (RPE) market size is projected to reach USD 12.88 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Spread of the coronavirus through air route will surge the adoption of RPE throughout 2020, observes Fortune Business Insights™ in its report, titled “Respiratory Protective Equipment (RPE) Market Size, Share & COVID-19 Impact Analysis, By Product (Air Purifying Respirators (APR) {Unpowered Air-Purifying Respirators [Disposable Filtering Half Mask, Half Mask, and Full Face Mask], and Powered Air-Purifying Respirators (PAPR) [Half Mask, Full Face Mask, and Helmets, Hoods & Visors}, and Supplied Air Respirators {Airline Respirators, Self-Contained Breathing Apparatus (SCBA), Combination SAR/SCBA or APR/SAR}), By End-Use (Industrial, Oil & Gas, Mining, Petrochemical, Construction, Healthcare, Pharmaceuticals, Fire Service), and Regional Forecast, 2020-2027” Market Driver Extensive Utilization of RPE in Mining Industry to Stoke Growth Respiratory protective equipment is commonly used by miners owing to the massive health risks involved during mining operations, particularly coal mines. The most widely utilized RPE are powered air-purifying respirators (PAPRs) on account of their high efficacy in filtering out dust particles. These particles are known to cause severe lung disorders in miners who have had prolonged exposure to harmful dust. Such exposure has been known to lead to a common lung condition called pneumoconiosis, or dusty lung, which usually manifest in the form of silicosis and coal miners’ pneumoconiosis (CWP), or black lung. Both these conditions are incurable and invariably lead to premature deaths. Effective RPE can prevent miners from inhaling these toxic dust particles and save them from developing lifelong debilitating health conditions. Regional Insights Strict Implementation of Workplace Safety Rules to Accelerate the Market in North America In North America, where the market size stood at USD 2.5 billion in 2019, the market is expected to perform exceptionally well as regulatory bodies such as the Occupational Safety and Health Administration (OSHA) have been strictly imposing workplace safety rules. As a result, the adoption of RPE and other personal protective equipment such as hard hats has become mandatory in the US and Canada. Asia Pacific is expected to present lucrative opportunities owing to the rapid expansion of the construction, manufacturing, and healthcare sectors in the region. In Europe, the demand for effective RPE is escalating, primarily from workers in core industries. For example, Germany’s RPE market share in construction industry stood at 11.9% in 2019. Browse Link: - https://www.fortunebusinessinsights.com/respiratory-protective-equipment-rpe-market-103534

Aramid Fiber MarketSize Estimation, Future Scope, Revenue Opportunities and Regional Forecast to 2026 The global aramid fiber industry share is projected to reach USD 7,243.3 million by the end of 2027. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Aramid Fiber Market Size, Share & COVID-19 Impact Analysis and Regional Forecast, 2020-2027” the market was worth USD 4,522.6 million in 2019 and will exhibit a CAGR of 6.5% during the forecast period, 2020-2027. Aramid fibers are widely used across diverse industry applications, mainly due to their exceptional physical properties. The product is characterized by mechanical strength and excellent resistance to external factors including pressure and humidity. As this is a manmade fiber, availability is not an issue. The increasing demand for the product has led to the presence of several large scale manufacturing units across the world. The presence of several large scale manufacturers will have a direct impact on the growth of the overall market in the forthcoming years. Besides this, properties such as low flammability and good fabric integrity will contribute to the growing adoption of these fibers across diverse industry verticals in several countries. Covid-19 Pandemic has Limited Product Adoption in End-use Industries The recent coronavirus outbreak has had a massive impact on several economies across the globe. The efforts taken to curb the spread of the disease have limited the growth of businesses across the world. Due to the rapid spread of the disease, several countries are looking to implement strict measures with a view to controlling the spread of the disease. The measures are taken to curb the spread of the disease, including lockdown and social distancing practices have resulted in a shortfall of manpower and workforce. As a result, several production units have either been put on hold or being operated with limited resources. The demand for aramid fiber has gone down drastically in the past few months; a factor that will have a considerable impact on the overall market in the coming years. Increasing Number of Product Innovations will Emerge in Favor of Market Growth The report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting to the increasing demand for the product, there is healthy market competition across the world. Among all factors, the increasing number of product innovations has had the highest impact on the growth of the overall aramid fiber market in recent years. In September 2018, Snow Peak announced the launch of a new product through the integration of aramid fiber. The company introduced a new material fabric that is directed for use in outdoor apparel. The applications of aramid fiber are not limited to a single domain and this has been a major contributor to market growth. The increasing number of such product innovations will have a huge impact on the growth of the overall market in the forthcoming years. Europe to Emerge Dominant; Increasing Applications in Automotive Industry will Aid Growth The report analyzes the ongoing market trends across North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. Among all regions, the market in Europe is projected to emerge dominant in the coming years. The increasing applications of the product across diverse industry verticals by large scale companies based in this region will emerge in favor of market growth. The increasing demand for efficient fuel sources has given the platform for companies operating in this region. As of 2019, the market in Europe was worth USD 1615.7 million and this value is projected to rise at a considerable pace in the coming years. The market in Asia Pacific is projected to rise at the highest CAGR during the forecast period driven by the initiatives taken by government organizations for industrial safety in countries such as India and China. Browse Summary of This Research Report: https://www.fortunebusinessinsights.com/aramid-fiber-market-102183

Polypropylene Yarn Market Innovations, Technology Growth and Research by 2022-2029 Polypropylene yarn is witnessing high demand from textile industries, since it is used for the manufacturing of carpets, socks, etc. Polypropylene yarn is lightweight and cost-effective and also provides high strength to the end product. It has a hygienic structure, which does not cause any allergic reactions; it does not hold moisture and water, and it is dirt- and stain-resistant. Polypropylene yarn also has many color variants and is reusable. The global Polypropylene Yarn Market was valued at nearly US$ 16.32 Billion in 2022 and is projected to exhibit a CAGR of 5.6% over the forecast period. All these factors favor the use of polypropylene yarn in textile industries. Moreover, the shifting of the focus of manufacturers in some developing regions towards the production of relatively cheap textiles in higher volumes is expected to pave the way for robust sales during the forecast period (2022-2029). However, polyester and textile industries in East Asia are under constant pressure due to the coronavirus pandemic. Akin to the SARS outbreak of 2003, demand for polypropylene yarn is likely to drop as industrial operations halt. For Critical Insights, Request for PDF Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11244 Polypropylene Yarn Market by Category By Product Type: PP Multifilament PP Monofilament By Application: Industrial Textiles Home Textiles Carpets Sports Accessories and Ancillaries Sportswear Active Wear Thermal Underwear Others By Region: North America Latin America Europe East Asia South Asia Oceania Middle East & Africa East Asia to Offer Lucrative Growth Opportunities East Asia is anticipated to hold a prominent share in the global polypropylene yarn market, owing to the increasing textile industries in the region. Another key factor driving the growth of the polypropylene yarn market in East Asia is the focus of manufacturers on the customization of products as per specific applications. Polypropylene yarn is also prominently used in the production of apparel such as sportswear, thermal wear, and active wear, which is further bolstering its sales in the region. Global players such as SWM, Industrial Ponsa, Thrace Group, Bonar Yarns, Lankhorst Yarns, William Barnet & Son, LLC, and Daman Polythread Ltd. have invested strategically in the polypropylene yarn market in the recent past, which suggests that major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future. Research & development, coupled with the expansion of production capacity and footprint, remains the key strategy of polypropylene yarn manufacturers to enhance productivity and capture new market opportunities.