Pipeline

The adhesives category is anticipated to grow at a CAGR of 6% from 2023 to 2030. The Asia Pacific region accounted for 41% of the total category share in 2022. Rising construction activities, and the increasing demand from end-user industries such as automotive, electronics, construction, and packaging are driving the growth in this category. One of the major developments is the rise in demand for specialized adhesives used in intricate product manufacturing. Water-based adhesives are becoming increasingly popular in the adhesives category due to their environmental benefits. They emit fewer volatile organic compounds (VOCs) than solvent-based products, and they are also less flammable. Solvent-free adhesives, which contain less than 5% of hazardous solvents, are another environmentally friendly product. Companies are focusing on developing bio-based products to meet the growing demand. For instance, in November 2022, Bostik (Arkema Group) launched two new label adhesives in India to ...

The activated carbon category is anticipated to grow at a CAGR of 2.6% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD 3.62 billion with the Asia Pacific region accounting for 51% of the overall share due to its profitable coconut shell industry. The key raw materials used in granular activated carbon production are coal and coconut shell charcoal. In terms of end-use applications, the category can be classified into - purification and treatment of air and water, power plant and landfill gas emissions, food and beverages processing, health care, automotive, and precious metal recovery. The increasing industrial and domestic applications further fuel the category expansion. For instance,     • To reduce mercury (Hg) emissions, many WTE(Waste-to-Energy) facilities have adopted a powdered injection system that has an impact on the category's expansion. • The extensive use of the substance in the mining sector, notably in the purification ...

The global oleochemicals category is anticipated to grow at a CAGR of 7.1% from 2023 to 2030. Growth of the category can be attributed to high cost of petrochemicals, growing consumption of sustainable, bio-based, and renewable chemicals, and rising demand by end-user sectors such as food processing, pharmaceuticals, textiles, personal care & cosmetics, etc. Petrochemicals, which are made from petroleum, can be substituted with oleochemicals. Oleochemicals are produced using variety of chemical processes, including hydrogenation, alcohol-based alcoholysis, and water-based hydrolysis. In addition, it is a substitute to synthetic chemicals due to the presence of low to non-existent amount of carcinogens. High input costs are a common barrier for the category. This is particularly true for the fatty acid manufacturing process, which is necessary for the synthesis of oleochemicals. Future pricing for these chemicals is difficult to anticipate because crude oil prices are typically un...

The wastewater treatment category is anticipated to grow at a CAGR of 6.5% from 2023 to 2030. Wastewater primarily can be divided into industrial, domestic, and stormwater run-off, which can be further segregated into blackwater and greywater. Similarly, its treatment can be classified into four stages - preliminary or pretreatment, primary, secondary, and tertiary treatments. Among these, the tertiary segment accounted for 44% of the total share in 2022. According to the UN estimates, more than 55% of the population lives in urban areas and it is anticipated to increase to 68% by 2050. As communities grow, it becomes increasingly challenging to provide essential services such as wastewater treatment and amenity spaces. This is due to limited land availability and, the high costs of acquiring land and building infrastructure to meet the increased demand for these services. Therefore, the growth of the category is mainly attributable to increasing urbanization and a high requirement fo...

The shipping containers category is anticipated to grow at a CAGR of 7.1% from 2023 to 2030. The expansion can be attributed to the rise in international trade, facilitated by the digitization of the shipping sector and the rising utilization of specialized containers. Additionally, the container industry has experienced further growth in response to increasing consumer demand. The shipping industry contributes to around 90% of the goods transported. According to the International Chamber of Shipping 2022 report, around 11 billion tons of goods are transported through shipping containers every year. Apart from transportation, shipping containers have also been gaining momentum in the construction industry, from building homes to creating pop-up stores. Shipping containers are used for modular construction as they reduce costs and construction time and are efficient and easy to construct. They are used in the construction of homes, schools, hotels, and emergency shelters. For instance,...

The  order fulfillment  category is anticipated to grow at a CAGR of 10% from 2023 to 2030. The rising online retail sales each year have resulted in rapid growth in the e-commerce industry and an increasing number of businesses preferring to sell their products digitally. This, in turn, has influenced the logistics landscape globally, along with fulfillment providers focusing on providing the best services throughout the process right from picking an order to delivering it to the end consumer. Trends such as fulfillment center automation, personalization, sustainability, and Omni channel fulfillment are driving the growth of the category. Automation in fulfillment centers and implementing robotics can increase accuracy and processing speed. These systems can take over repetitive tasks and reduce the likelihood of human error. Automation in processes such as picking, shipping, labelling, inventory management, back-office operations, and others can transform the entire fulfillm...

  The  patient engagement solutions  category is anticipated to witness growth at a CAGR of 17.7% from 2023 to 2030. In 2022, North America held a substantial share in the global category, followed by Europe and Asia Pacific. North America’s dominance is mainly due to the increased incidences of chronic diseases, the need to reduce healthcare costs, and favorable government efforts and regulations. The region is led by the U.S. which has a complicated healthcare system with a ton of paperwork and a set of procedures for the commercialization of medical devices and treatments. Europe holds the second-largest share due to publicly supported programs like the National Health Service (NHS) in the United Kingdom. The Asia Pacific region is anticipated to witness a decent growth rate with the presence of profitable growth prospects for the healthcare sector, such as improved care quality and healthcare infrastructure. Based on end-usage, the healthcare providers segment holds t...

The manned guarding services category is anticipated to witness growth at a CAGR of 13.5% from 2024 to 2030. Asia Pacific dominates the global category, followed by North America (with the fastest growth rate) and Europe. Rising standards of living, urbanization, and population are the key factors driving Asia Pacific’s growth. In addition, the region's expanding tourism industry, coupled with political and economic stability, is also propelling the category's expansion. The growing usage of technologies, such as access control systems and CCTV, is propelling the demand for the services offered in the category in North America. It has also helped companies to cut expenses while improving the safety of their employees and facilities. The demand in Europe is driven by the demand for more security at public events and venues and the growing incidence of terrorist incidents. Based on application, the commercial buildings segment holds the largest share of revenue. The industrial b...

The metal finishing category is anticipated to grow at a CAGR of 4.7% from 2023 to 2030. The process of applying a metal coating to the metallic component’s surface, usually known as a substrate, is referred to as metal finishing. A few major types of metal finishing are abrasive blasting, powder coating, electroplating, passivation, electropolishing, buff polishing, hot blackening, etc. Electroplating, or the process of placing metal ions on a substrate using an electric current, is an integral aspect of metal finishing. Two popular bulk electroplating techniques are barrel plating and rack plating. By end-user industry, automotive and electronics industry applications account for more than 50% - 60% of the total share. As a trend, metal elements are becoming increasingly popular as a finishing touch for surfaces, especially in commercial settings such as bar tops, washroom vanities, tabletops, etc. In terms of finish, silver and brass are the most popular choices among consumers. An...

The household cleaners contract manufacturing category is anticipated to witness growth at a CAGR of 11.0% from 2023 to 2030. In 2022, Asia Pacific held a substantial share of the global category, followed by North America and Europe. This dominance is mainly attributed to the rising disposable income and emphasis on cleanliness and hygiene, which has raised demand for household cleaners. The growth is further fueled by an increase in the number of local manufacturers. Key players based out of Asia Pacific are focusing on developing multi-purpose and organic products with an objective to increase their market share. In addition, the North America region is home to cutting-edge facilities and technologies. These technologies are used by the household cleaner contract manufacturing service providers to produce better goods and services and gain a competitive advantage. Based on service type, the category is dominated by the manufacturing segment. The services offered in this category en...