According to BIS Research Analysis, the global ethylene absorber industry is expected to reach $56,594.1 million by 2031, with a CAGR of 21.89% during the forecast period 2020- 2031. The increasing growth in the packaging industry and increasing demand of ethylene absorber products in domestic applications are expected to be the major driving factors for the market. Fruits and vegetables are expected to retain their hold over the ethylene absorbers demand due to their high sensitivity to ethylene gas.
Ethylene absorbers for produce packaging are gaining popularity. Ethylene absorbers are especially beneficial in produce warehouses, where ethylene gas, a natural plant growth regulator, can accumulate quickly. High levels of ethylene in storage can cause a faster rate of respiration and, as a result, senescence. The use of ethylene absorbers can dramatically improve shelf life, resulting in less waste in the supply chain and cost savings for suppliers and retailers. These absorbers can be incorporated into paper bags or corrugated fiberboard transit packaging for the storage and transportation of fruit. They can also be used as sachets in retail produce packets to extend the shelf life of the product for the benefit of both the retailer and the consumer.
Ethylene is produced by all plants and, even in low quantities, causes fruit and vegetable ripening, softening, and degradation. Many fruits and vegetables’ shelf life and quality suffer the consequences of this during storage and distribution. As a response, removing ethylene from the production environment can assist in extending its shelf life.
South America to Witness Maximum Demand in the Ethylene Absorbers Industry:
The demand for ethylene absorbers varies according to various regions. The market holds a prominent share in various countries of South America, Asia-Pacific and Japan, and Europe. South America is currently the largest revenue-generating country in the ethylene absorbers industry, predominantly backed by demand for premium 1-MCP and potassium permanganate products.
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The report consists of an extensive study of ethylene absorbers. The report includes a thorough analysis of various products, end-use industries, raw material/chemical type, application of the product, regions, and countries. In this study, the impact of the coronavirus outbreak on various end-use industries for various regions/countries has been considered.
The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and predictive models.
Key Questions Answered:
This research has been conducted to answer some of the most crucial questions about the global ethylene absorbers market for the end user and the manufacturing industries:
Why are ethylene absorbers a requirement in the market? How has the ethylene absorbers market evolved over the years?
Which type of ethylene absorbers is anticipated to dominate the market in the next 10 years (2021-2031)?
What are the driving and restraining factors affecting the global ethylene absorbers market?
How are the future trends expected to impact the ethylene absorbers market in the coming years?
What are the opportunities for players in the global ethylene absorbers industry?
How is the demand for the ethylene absorbers industry expected to change with the stringent regulatory landscape?
What are the applications and corresponding end-use industries driving the demand for ethylene absorbers?
Which region and which country are the major consumers of the ethylene absorbers market?
Which country/region is going to emerge as a potential revenue-generating pocket for the ethylene absorbers market during the forecast period 2021-2031?
What are the strategies adopted by major players in the ethylene absorbers market?
Which end-user industry is expected to dominate the ethylene absorbers market by 2031?
How are the prices of products going to behave in the next ten years, and what is their impact on the ethylene absorbers industry?
How has COVID-19 impacted the ethylene absorbers business across the supply chain globally?
Which key organizations across various countries are involved in research and development for ethylene absorbers products?
How is the demand-supply curve for ethylene absorbers going to shift over the years (2021-2031)?
What are customer attributes across various countries for ethylene absorbers product adoption?
How is the adoption of ethylene absorbers expected to impact the profit and operation of the end-user industries?
How is the sales channel of ethylene absorbers projected to evolve over the forecast period?
The report is a compilation of various segmentations, including market breakdown by-product, chemical, application, end-use industry, and region. The report highlights the key driving and restraining forces for the market as well as the opportunities in different applications across the leading countries. In the extensive primary research process undertaken for this study, the sources include industry experts and key executives from prominent companies and organizations across the ethylene absorbers value chain. Major players have been identified based on product offerings pertaining to the ethylene absorbers market, their geographical presence, and company developments related to the market. The market is further explained and analyzed on the basis of region and country.
The trends of the global ethylene absorbers industry vary with different regions. The market holds a prominent share in various countries of South America, Europe, China, Asia-Pacific (APAC), North America, the Middle East, and Africa. The report also provides a country-based analysis for all the leading countries in every region, including Brazil, Chile, China, Japan, Thailand, South Korea, India, France, Germany, and Italy, among others.
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