Category: Business

According to Fact.MR analysis, the market for Europe Box Spreader in Europe is anticipated to reach US$ 361.9 million in 2023 and expand at a CAGR of 3.7% from 2023 to 2033. A box-spreader is a tool used to transport fertilizers, manure, building supplies, and other materials and spread them evenly for use in subsequent processes like seeding, construction, and other activities. The demand for the box spreader market is driven by the expanding agricultural needs brought on by an aging population and the expansion of the agritech sector.

Europe Box Spreader Market are devices used for lifting and handling shipping containers. They are commonly used in ports, warehouses, and logistics centers to move containers around. The European box spreader market is a mature market, with a large number of established players offering a range of products. The market is driven by factors such as increasing trade activities, the growth of the shipping industry, and the need for efficient container handling. The demand for box spreaders is also influenced by factors such as the size of the shipping containers, weight capacity, and the number of containers handled

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Key Takeaways from Market Study

• The Europe tanker spreader market is projected to expand at a CAGR of 2.8% and be valued at US$ 620.3 million by 2033
• The market witnessed a 2.3% CAGR for the period of 2018-2022
• Germany dominates the European market with a 25.0% market share in 2023.
• Europe tanker spreader market is anticipated to reach US$ 470.5 million in 2023
• Key market players include SAMSON AGRO, KAWECO, Peeters Group, Garant Kotte, and others
• France is estimated to project the highest CAGR of 3.4% during the forecast period from 2023 to 2033, followed by Germany in terms of growth rate

Market’s Key Stratagems

Manufacturers are focusing on establishing long-term trade relations with the end users to ensure growth during unfavorable trade situations. The market is witnessing growth enabling market titans to invest in technology to develop advanced machinery to cater to the needs of the end-users.

Key Companies Profiled

• SAMSON AGRO
• Peeters Group
• Garant Kotte
• BOSSINI S.R.L
• BAUER GmbH, Röhren- und Pumpenwerk
• Vredo Dodewaard B.V.
• Fliegl Agrartechnik GmbH
• Agrimat
• KAWECO

In addition, digital platforms assist in building brand recognition and enable companies to build an army of loyal customers through online, after-sales services and feedback analysis. Such measures ensure the market’s growth which in turn contributes to revenue growth.

The market size for tire shredders in Europe is anticipated to be US$ 454.9 million in 2023 and to reach US$ 680.9 million by the end of 2033, expanding at a CAGR of 4.1%. Tire recycling, which is done by independent aftermarket suppliers and tire producers, is one of the most well-liked developments in the automotive industry. The bulk tire must be broken down into smaller pieces or a granular form for ease of chemical processing in the next stage of tire recycling.

The tire shredder market in Europe is expected to experience significant growth in the coming years, primarily due to the increasing demand for recycled rubber in various applications. Tire shredders are used to shred tires into small pieces, which can be further processed into various products such as rubberized asphalt, playground surfaces, and other rubber products. One of the key drivers of the European tire shredder market is the growing concern over environmental pollution caused by waste tires. Recycling tires not only reduces environmental pollution but also helps conserve natural resources. Additionally, the implementation of stringent government regulations regarding waste management is also driving the demand for tire shredders in Europe

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Key Takeaways from Market Study

1. The European tire shredder market is expected to experience steady growth due to the increasing awareness about tire recycling and the implementation of strict regulations for waste tire management.
2. The market is highly fragmented with the presence of several small and large players. This creates intense competition, which in turn, drives innovation and technological advancements in the industry.
3. The demand for tire shredders is higher in developed countries due to the higher rates of tire disposal and the stricter regulations in place. However, developing countries are expected to present significant growth opportunities in the future.
4. Some of the key players in the European tire shredder market include ECO Green Equipment, SSI Shredding Systems, Inc., and Granutech-Saturn Systems. These companies are focused on expanding their product portfolio and improving their operational efficiency to stay competitive in the market

Competitive Landscape

The tire shredder market in Europe is highly competitive, with several established players as well as new entrants trying to gain market share. Some of the key players in the market include ECO Green Equipment, Weima, Genox Recycling Technology, Granutech-Saturn Systems, Eldan Recycling, and ZERMA. These companies offer a wide range of tire shredders with different features and capacities to cater to the varying needs of customers.

The market is also witnessing the emergence of new players, which is intensifying the competition. These new players are focusing on innovative technologies to improve the efficiency and performance of tire shredders, thereby increasing their appeal to customers. In addition, there is increasing demand for environmentally friendly tire shredders, which has led to the development of new shredding technologies that can recycle tires into reusable products such as rubber chips and crumb rubber.

Key Companies Profiled

• Enerpat Group
• Granutech-Saturn Systems
• SSI Shredding System
• Shred-Tech
• CM Shredder

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Key Questions Covered in the Europe Tire Shredder Market

1. What is the share of the most lucrative region in the global Enerpat Groupby the end of the forecast period?
2. Which is the most profitable product segments for most players?
3. Will top end-use industries continue to contribute sizable shares to the global Keyword market?
4. Which regulatory frameworks in developed markets will change the course of strategies by top international players?
5. Which microeconomic trends will be key to the expansion of new markets over the forecast period?
6. Which government policies can prove to be a game-changer for new entrants?
7. Which technology trends might disrupt the demand in key end-use industries?
8. Which application areas are most likely to see innovation in the near future?

9. What is the intensity of competition and degree of consolidation in market shares, and will these remain the same throughout the forecast period?

• It is predicted that the market for plastic recycling machines in Europe will be valued at US$ 450.3 million in 2023 and will grow at a CAGR of 3.7% to US$ 650.2 million by the end of 2033. The primary factor driving the growth of the European plastic recycling machine market is the increasing awareness about plastic waste management. The European Union has set ambitious goals to reduce plastic waste, which is driving the demand for plastic recycling machines in the region. Additionally, the rising demand for recycled plastic materials in various end-use industries, such as packaging, automotive, construction, and consumer goods, is also fueling the growth of the market
• Based on machine type, the European plastic recycling machine market is segmented into extruder, injection molding machine, and others. The extruder segment is expected to dominate the market during the forecast period due to its high efficiency in recycling different types of plastic materials. On the basis of application, the market is segmented into packaging, building & construction, automotive, textiles, and others. The packaging segment is expected to hold the largest share of the market due to the increasing demand for recycled plastic materials in the packaging industry
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• Key Takeaways from Market Study

1. The primary factors driving the growth of the market are the increasing awareness about plastic waste management and the rising demand for recycled plastic materials in various end-use industries.
2. The extruder segment is expected to dominate the market during the forecast period due to its high efficiency in recycling different types of plastic materials.
3. The packaging segment is expected to hold the largest share of the market due to the increasing demand for recycled plastic materials in the packaging industry.
4. The market is highly competitive, with several international and domestic players operating in the region.
5. Some of the key players in the market include EREMA Engineering Recycling Maschinen und Anlagen GmbH, Vecoplan AG, NGR Next Generation Recyclingmaschinen GmbH, AMUT GROUP, and STADLER Anlagenbau GmbH, among others.
6. The European plastic recycling machine market is expected to continue growing at a steady pace during the forecast period, driven by the rising demand for plastic recycling machines from various end-use industries.

• Key Stratagems by Market Players
• To satisfy the needs of the end user and increase their market share in order to achieve high profit margins, market players are implementing a variety of organic and inorganic strategies.
• technology customization and integration to support the market’s outlook for growth and help with revenue growth. Long-term business ties with the government and domestic plastic waste management facilities also help manufacturers maintain their position as market leaders.
• Key Companies Profiled
• GENIUS MACHINERY
• Aceretech Machinery Co., Ltd
• EREMA Engineering Recycling Maschinen und Anlagen Ges.m.b.H
• Next Generation Recyclingmaschinen GmbH
• Plastics Machinery Group International Ltd.
• POLYSTAR MACHINERY CO., LTD.
• Boston Matthews
• Herbold Meckesheim GmbH
• ZENO

• Lyndex Recycling Systems Limited

The harvester market is anticipated to grow at a CAGR of 22%, reaching US$32.94 billion in 2022 and US$240.61 billion by the end of the forecast period (2022-2032). The manufacturing and distribution of equipment for harvesting crops like wheat, corn, rice, and soybeans is referred to as the harvester market. Harvesters are typically self-propelled vehicles that collect and sort crops from the field using specialized attachments like a cutting head or reaper.

The agricultural machinery market, which also includes tractors, tillage tools, and irrigation systems, includes the harvester market as a significant subsegment. Harvester demand is closely related to global agricultural production because farmers need reliable, efficient machinery to collect their crops. Governmental directives, trade agreements, and technological developments all have an impact on the harvester market. For instance, the use of GPS technology and sensors in advanced harvester models has been made possible by the adoption of precision farming techniques, which has increased crop yields and decreased waste.

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Key Takeaways from the Market Study

• By product type, combine harvester market is expected to hold nearly 40% of the revenue share in 2022 and the segment is anticipated to record consistent development.
• By product, the trailed silage harvester segment is expected to capture 8% revenue share in 2022
• By sales channel, manufacturers are expected to dominate with more than 76% market share in 2022.
• The Europe harvester market size is projected to observe around 4.5% growth through 2032
• Asia Pacific is expected to possess 40% market share for harvester’s market.
• U.S., Canada, India and China will flourish at a CAGR of 67% combined until 2032

Market Competition

• John Deere & Company introduced the new FR27 Disc Saw Felling Head in September 2022. The business’s main priorities are expanding cutting and accumulating capacity.
• Agrifac Machinery B.V. announced a new dealership with AMC-TR in June 2021.
• The business intends to increase sales and after-sales of crop sprayers and beet harvesters through this dealership.

Major Harvester Service Providers

• AGCO Corporation
• Agrifac Machinery B.V.
• Alloway/Standard Industries Inc.
• ALIMA (Arnaud Freres)
• Argiles Maquinaria de Recolección
• CLAAS KGaA mbH
• CNH Industrial N.V
• Dep Agro Machineries Pvt. Ltd.
• Dewulf Group

• Energreen S.R.L

The term “aeroderivative gas turbine market” describes the market for gas turbines that are made from aircraft engines and used in a variety of industries, including power generation, oil and gas exploration, and marine propulsion. These turbines provide a high level of operational flexibility, low emissions, and high efficiency. In the upcoming years, the market for aeroderivative gas turbines is anticipated to expand significantly as a result of factors like the rising energy demand, the shift to cleaner forms of power generation, and the expanding use of distributed power generation systems.

To increase their market share in this industry, major players like General Electric, Siemens AG, and Mitsubishi Hitachi Power Systems are concentrating on product innovation and teamwork. Additionally, the market is distinguished by the presence of a number of small and medium-sized players who provide specialized solutions to address the unique needs of end users.

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Key Takeaways from Market Study

1. The aeroderivative gas turbine market is expected to grow significantly in the coming years, driven by factors such as the increasing demand for energy, the shift towards cleaner sources of power generation, and the growing adoption of distributed power generation systems.
2. Key players in the market, such as General Electric, Siemens AG, and Mitsubishi Hitachi Power Systems, are focusing on product innovation and collaboration to expand their market share.
3. The market is also characterized by the presence of several small and medium-sized players who offer customized solutions to meet the specific needs of end-users.
4. North America is currently the largest market for aeroderivative gas turbines, with the United States being the major contributor. Europe is another significant market, with countries such as Germany, the United Kingdom, and Italy being major contributors.
5. The Asia-Pacific region is expected to see the highest growth rate in the coming years, due to the increasing demand for electricity in countries such as China, India, and Japan, and the growing focus on renewable energy sources.

How Will the Demand for Aeroderivative Gas Turbine Be Affected in the Application Segment?

The demand for aeroderivative gas turbines is expected to vary across different application segments. The key application segments for aeroderivative gas turbines include power generation, oil and gas, and industrial. In the power generation segment, the demand for aeroderivative gas turbines is expected to grow significantly, driven by factors such as the increasing demand for electricity, the shift towards cleaner sources of power generation, and the growing adoption of distributed power generation systems. Aeroderivative gas turbines offer several advantages over other forms of power generation, including high efficiency, low emissions, and the ability to operate on a variety of fuels.

In the oil and gas segment, the demand for aeroderivative gas turbines is also expected to grow, driven by the increasing demand for energy in the oil and gas industry. Aeroderivative gas turbines are widely used in oil and gas exploration and production, as they offer high efficiency and the ability to operate in remote and harsh environments.

Competitive Landscape

These companies are focusing on product innovation and collaboration to expand their market share. For instance, General Electric has introduced its HA gas turbine technology, which offers high efficiency and lower emissions. Siemens AG has collaborated with other companies to develop hybrid power plants that combine gas turbines with renewable energy sources such as solar and wind power.

The market is also characterized by the presence of several small and medium-sized players who offer customized solutions to meet the specific needs of end-users. These players often focus on niche markets and offer products that cater to the specific requirements of end-users.

n conclusion, the Aeroderivative Gas Turbine Market is expected to see continued growth in the coming years, driven by factors such as the increasing demand for energy, the shift towards cleaner sources of power generation, and the growing adoption of distributed power generation systems. The market can be analyzed from regional perspectives, taking into consideration factors such as the demand for electricity, the shift towards renewable energy sources, and the presence of key players in the region

When we talk about the “Dental Mirrors Market,” we’re talking about the global market for dental mirrors that are used by dental professionals during examinations and procedures. The examination and diagnosis of dental conditions require the use of dental mirrors. There are many different types of mirrors available on the dental mirrors market, including plane mirrors, front surface mirrors, and magnifying mirrors. The market is anticipated to expand as a result of rising dental procedure demand and expanding use of dental mirror technologies by dental professionals. Another significant factor propelling the expansion of the dental mirrors market is the rising prevalence of dental diseases and disorders like periodontal disease and dental caries.

Dental mirrors currently have the largest market in North America, followed by those in Europe and Asia-Pacific. The major factors propelling the growth of the dental mirrors market in North America and Europe are the high prevalence of dental diseases, the rising adoption of cutting-edge dental technologies, and the presence of key players in the region. In the upcoming years, the Asia-Pacific region is anticipated to experience the highest growth rate due to rising dental procedures, rising dental tourism, and rising dental healthcare spending.

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Why do One-sided Dental Mirrors Generate the Majority of Market Revenue?

One-sided dental mirrors dominated the market for dental mirrors. The one-sided market category produced US$ 35.78 Mn and held a 39.1% market share in 2022. By 2032, it is projected to generate US$ 75.18 million, expanding at a 7.7% CAGR.

A glass base is covered with ruthenium to form a one-sided dental mirror. Thanks to these mirrors, which magnify the original object more brilliantly and substantially without flipping the image, dentists can study a larger image of what is underlying. This makes it much simpler for the dentist to examine both the mouth and the tooth’s core. The market for one-sided mirrors is expanding as a result of increasing dentist utilisation.

Competitive Landscape

The competitive landscape of the Dental Mirrors Market is characterized by the presence of several players that are constantly focusing on expanding their market share through various strategies such as product innovation, strategic collaborations, and mergers and acquisitions

In recent years, the market has seen several mergers and acquisitions, with key players acquiring smaller players to expand their product portfolio and market presence. For instance, in 2018, Dentsply Sirona, Inc. acquired OraMetrix, a provider of 3D technology solutions for orthodontic practices. This acquisition helped Dentsply Sirona expand its product offerings and strengthen its position in the dental market.

Key Companies Profiled

• Integra LifeSciences Holdings Corporation
• Medesy SRL
• Parkell, Inc.
• ZIRC Dental Products
• ASA Dental S.P.A
• Essential Dental Systems
• ACTEON Group
• SKLAR CORP.
• CARL Martin GMBH

• KERR Corp. Companies

Sales of centrifugal blowers are anticipated to increase at a CAGR of 4.1% worldwide. Currently valued at US$ 3.2 billion, the centrifugal blower market is expected to grow to US$ 4.8 billion in value by the end of 2033. The term “centrifugal blowers market” refers to the world market for machines that circulate air or other gases through a system using centrifugal force. Common industrial uses for these blowers include ventilation, HVAC systems, pneumatic conveying, and combustion air for burners.

The demand for high-performance, energy-efficient blowers across a variety of industries is anticipated to drive the market for centrifugal blowers to continue expanding. Centrifugal blower demand is also anticipated to increase with the expansion of the manufacturing and construction sectors, particularly in emerging economies. Government regulations aimed at lowering energy consumption and promoting the use of energy-efficient equipment also have an impact on the market for centrifugal blowers. As a result, many manufacturers are concentrating on creating blowers that use less energy and emit fewer greenhouse gases.

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Key Takeaways from Market Study

• The global centrifugal blowers market is valued at US$ 3.2 billion in 2023.
• Worldwide sales of centrifugal blowers are projected to top US$ 4.8 billion by 2033.
• The market is estimated to expand at a CAGR of 4.1% during the forecast period.
• The Asia Pacific market is expected to evolve at a CAGR of 2% from 2023 to 2033.
• The low-pressure segment is set to progress at a CAGR of 3.3% from 2023 to 2033

Competitive Landscape

The global centrifugal blowers market is extremely competitive. Manufacturers are making improvements that focus on increased efficiency and smaller designs. Moreover, manufacturers are investing in R&D and producing environmentally friendly products as consumers’ preferences are shifting toward products that reduce emissions.

Key players in the centrifugal blowers market are adopting various strategies such as partnerships, new product launches, expansions, and R&D activities in order to develop their businesses and survive in the long run.

• ECHO Incorporated released the PB-9010 backup centrifugal blower for industrial and commercial applications in December 2021. The centrifugal blower is excellent for cleaning up enormous amounts of debris and clearing big open spaces, such as vast parking lots and stadiums.
• Greenheck Group, a US-based manufacturer of air movement and control systems, acquired Metal Industries in December 2021 for an undisclosed sum. Metal Industries, Inc. is a firm established in the United States that sells air distribution devices, industrial air blowers, and air terminal units. Greenheck hopes to grow its brand portfolio by delivering air movement, control, and conditioning systems with this acquisition.
• Xylem, Inc. created a new product line for Zeeland Clean Water Plants in October 2020. The new blower line has features that decrease energy, chemical consumption, and wear. Aerobic tanks, improved blowers, air flow meters, and air control valves are among the innovative options.
• Boyd Corporation, a US-based company, developed a lightweight and a low-profile cooling ultra-thin blower using liquid cooling technology in September 2021. These are as thin as 3mm, can withstand high pressure, provide cooling while remaining durable, and are available in ultra-thin and thin profiles, making them excellent for all commercial applications.
• Tuthill Corporation’s “Tuthill Vacuum and Blower Systems” division was acquired by Ingersoll Rand, Inc. in February 2021. This acquisition will assist the company in expanding its product and service range, as well as its key application engineering and technical support skills.

Key Companies Profiled

• Aerotek Equipment
• Atlantic Blowers, LLC
• Trimech Engineers Pvt. Ltd
• Air Control Industries Ltd
• AIRAP Group
• Engicon Airtech Pvt. Ltd
• Howden Group
• Airmake Cooling Systems
• Aspirnova Industry S.r.l
• Atlas Copco AB
• Cleantek
• GP Motors
• Shandong Huadong Blower Co., Ltd
• Alfotech Fans

• Vishwakarma Air Systems

The European plastic shredder market is expected to rise significantly in the upcoming years. Factors such as increasing plastics production, changing trends towards sustainability, stringent government regulations regarding waste management, and rising demand from end-use industries are driving the growth of this market. Additionally, technological development in terms of design characteristics and materials used for manufacturing plastic shredders have led to their improved performance over time. The key industry players operating within Europe’s plastic shredder landscape include Komptech Group; Harden Machinery Ltd.; Zanker Recyclingtech GmbH; SSI Shredding Systems Inc., among others. Moreover, growing awareness about safety protocols while handling these machines is also likely to increase the adoption rate further.

The market for plastic shredders in Europe is projected to be worth US$ 724.9 million in 2023 and grow at a CAGR of 3.1% to US$ 987.6 million by the end of 2033. This increase is attributed to the expanding use of plastic for a variety of end uses, which increases waste production. Plastic recycling activities are increasing to protect the environment and human health from its harmful effects.

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Key Takeaways from Market Study

1. The Europe plastic shredder market is expected to grow significantly in the forecast period.
2. The increasing demand for recycled plastic products is a major driver for the growth of the plastic shredder market in Europe.
3. Germany is expected to hold the largest share of the Europe plastic shredder market due to the presence of major players in the country.
4. The adoption of advanced technologies, such as automation and robotics, is expected to boost the efficiency of plastic shredding and increase the demand for these machines.
5. The increasing focus on sustainable waste management practices and regulations by the European Union is expected to drive the growth of the plastic shredder market in Europe.

Key Stratagems by Market Players

Equipment performance in challenging environments is a goal for manufacturers. Players are focusing on improving their web presence and increasing their production capacity in order to reach a larger market. Manufacturers of plastic shredders are focusing on developing machines that increase economic benefits by boosting productivity and conserving energy. Market leaders are also focusing on growing their supply chains and establishing long-term contracts with vendors in non-legacy markets.

Key Companies Profiled

• Dragon Machinery Ltd,
• GENIUS MACHINERY CO., LTD
• Harden Machinery Ltd.
• Hosokawa Alpine AG
• Shanghai Joyal Machinery Co., Ltd.
• SHINI PLASTICS TECHNOLOGIES, INC.
• SSI Shredding Systems, Inc.
• Vecoplan LLC.

• WEIMA

According to Fact.MR analysis of the global bioresorbable polymers market, the bioresorbable polymers market had global sales of US$ 1.3 billion in 2021. The anticipated market growth between 2022 and 2032 is anticipated to be higher than the historical growth, at 15.8%. With a CAGR of over 16.5% between 2022 and 2032, biopolyesters are anticipated to generate the highest amount of revenue.

The bioresorbable polymers market refers to the market for synthetic polymers that are designed to break down and be absorbed by the body over time. These polymers are often used in medical applications, such as in drug delivery systems, surgical sutures, and orthopedic implants. The market for bioresorbable polymers is expected to grow significantly in the coming years, driven by factors such as the increasing demand for advanced medical technologies, the growing prevalence of chronic diseases, and the rise in geriatric population.

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Key Takeaways from the Study

• Bioresorable Polymers market was valued at US$ 1.3 Bn in 2021. According to Fact.MR, Bioresorable Polymers revenue would increase 4.1X between 2022 and 2032, reaching roughly US$ 6.2 Bn in 2032.
• In terms of Product Type, Biopolyesters is projected to account for the highest projected CAGR of over 16.5%.
• In terms of application, revenue through Orthopedics accounted for the highest CAGR of 13.2% during 2017-21.
• US is the dominant country in Bioresorable Polymers market with an expected absolute dollar growth opportunity of over US$ 1.7 Bn.

Competitive Landscape

• In March 2021, Ashland Global Holdings Inc. expanded the production plant for its Viatel bioresorbable polymer and relocated its research and development (R&D) activities from Dublin to Mullingar’s National Science Park.
• In September 2020, Corbion and Total announced plans to develop a new polylactic acid bioplastics plant in Europe. The plant, which will be Europe’s first global-scale Polylactic acid production facility, is estimated to have a capacity of 100 thousand tonnes per year. The new factory is scheduled to open in 2024 and will be located in France. This additional polylactic acid investment will hasten plans to increase lactic acid production and meet the increasing demand for polymers.

Key Companies Covered

• Corbion N V
• Evonik Industries AG
• Poly-Med, Inc.
• KLS Martin Group
• Foster Corporation
• Ashland Global Holdings Inc.
• DSM Biomedical, Inc
• Zeus Industrial Products, Inc
• REVA Medical, LLC.
• Poly-Med Incorporated
• Bezwada Biomedical

• Nomisma Healthcare Pvt. Ltd.

The market for 9 Decanoic Acid Methyl Ester had global sales of US$ 207.5 Million in 2021. By 2032, the market is anticipated to grow at a 6.6% CAGR and reach a value of US$ 411.2 Million. With a CAGR of over 6.9% between 2022 and 2032, the Flavors & Fragrances application of 9 Decanoic Acid Methyl Ester Market is predicted to generate the highest revenue.

The 9 Decanoic Acid Methyl Ester Market is expected to grow significantly in the forecasted period due to its increasing use as a lubricant and emulsifier. It has superior oxidation resistance than conventional mineral oils, making it highly attractive for industrial applications such as hydraulic systems and machine tool components that operate at high temperatures. In addition, its low melting point makes it ideal for providing stability under extreme weather conditions. Furthermore, 9 decanoic acid methyl esters are compatible with most resins used in paint protection coatings, plastics and rubber industries. This will help boost their demand among various manufacturers worldwide in the coming years.

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9 Decanoic Acid Methyl Ester Market Segmentation

• By Application :
  • Flavors & Fragrances
  • Pharmaceuticals
  • Other Applications
• By Region :
  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

Competitive Analysis

Some of the recent developments in the 9 decanoic acid methyl ester market are :

• The Verbund subsidiary, run by BASF-YPC Co., Ltd., a 50/50 joint venture between the two companies in Nanjing, China, was expanded in August 2021, according to a statement from BASF and SINOPEC. It entails building a new tert-butyl acrylate factory and increasing the output of numerous downstream chemical plants in order to meet the demands of the expanding Chinese market.
• ABITEC Corporation has acquired Larodan AB, a manufacturer and international marketer of high-purity, research-grade lipids, in July 2020.

Key Companies Covered

• BASF SE
• Sigma-Aldrich
• Elevance Renewable Sciences, Inc
• Matreya LLC
• Arkema
• Chemsky International Co., Ltd
• Adamas Reagent Ltd
• Cayman Chemical
• P&G Chemicals

• Tokyo Chemical Industry Co. Ltd