What are the potential applications for natural food emulsifiers and texturizers? How is the increasing consumer demand for plant-based products driving new product development? Which regions showcase vast growth potential? How can you capitalize on this sector's growth?
What are nutraceuticals and how can they benefit your business? What are the qualitative and quantitative aspects of ingredient type, finished product type, and region in this sector? What are the major segmentation types and key regions? What can your company do to succeed in this sector?
What are the key competitive factors in this space? How will the increase in construction activities and quality to meet consumer demands impact growth? What emerging opportunities exist for manufacturers, suppliers, distributors, and end consumers in this sector? Are you prepared to capitalize on them all?
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How can your business benefit from industry convergence and diversified product offerings?
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Read more Request InfoDhahran, Saudi Arabia-based Aramco completed the acquisition of Valvoline’s Global Products unit in March 2023. The deal, which closed for $2.65 billion with an equity purchase agreement between the two companies, was first announced on 1st August 2022. With this acquisition, Aramco now owns the ‘Valvoline’ brand and the products including lubricants, heat transfer fluids, and other maintenance products sold through Valvoline’s global products business.
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2022 marked another volatile year in the chemicals sector across GCC. While the sector witnessed a rebound in demand after the pandemic, new challenges emerged in the form of high raw material costs, geopolitical turbulences and continued supply chain disruptions.
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According to Frost & Sullivan’s most recent analysis, Global Emulsion Polymer Growth Opportunities, the expansion of the emulsion polymers sector (EPs) across sectors is influenced by their growing use in end-use applications. While paints and coatings, paper, and packaging are the main verticals driving demand for EPs, acrylics, and vinyl are key chemistries contributing to the sector’s total growth. From $40.30 billion in 2022 to $59.78 billion in 2029, the global sector for EP is anticipated to increase at a compound annual growth rate (CAGR) of 5.8%.
A growing population, the shortage of land and water, and increasing pressure on traditional agricultural methods have led to a shift toward new farming practices like vertical farming. Frost & Sullivan’s recent analysis, Global Vertical Farming Growth Opportunities, finds that the vertical farming sector is heading in the right direction because of technological improvements and the use of renewable energy sources.
The hot melt adhesives (HMAs) sector’s will rise by 2028 due to its multiple advantages to customers across sectors, finds Frost & Sullivan’s recent analysis, Global Hot Melt Adhesives Growth Opportunities. HMAs have several benefits over other adhesive formulations, such as faster drying and setting, cost-effectiveness, and low volatile organic compound (VOC) emissions. The global HMAs sector is expected to garner $13.81 billion in revenue by 2028 from $9.03 billion in 2021, growing at a compound annual growth rate (CAGR) of 6.3%.