Circular Economy & Polypropylene Compounds – North America Forecast 2028

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The polypropylene compounds market in North America is expected to grow from US$ 2,669.64 million in 2021 to US$ 3,856.32 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028.

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Market Overview
The North American polypropylene compounds market is witnessing steady growth, driven by increasing demand across various end-use industries. Key regional players are focusing on expanding their portfolio of proven polypropylene solutions to meet this growing demand. Strategic investments and capacity expansions are playing a critical role in this development. For example, in 2019, Borealis inaugurated a new polypropylene compounding facility in North Carolina. This facility is strategically located to serve the needs of Original Equipment Manufacturers (OEMs) and Tier 1 suppliers in the region. The plant initially focuses on producing polypropylene compounds approved for automotive interior and exterior applications—highlighting the sector’s importance as a major demand driver.

Future of Plastics in Shared Autonomous EV Fleets – North America 2027

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The plastic for electric vehicle market in North America is expected to grow from US$ 213.50 million in 2019 to US$ 904.89 million by 2027; it is estimated to grow at a CAGR of 20.0% from 2020 to 2027.

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Bio-based plastics encompass a wide array of materials, including mass-market polymers such as Polyethylene Terephthalate (PET), bio-based Polyethylene (PE), performance-grade polymers, and thermoplastic co-polyester elastomers (TPC-ET). As the automotive industry increasingly emphasizes reducing CO₂ emissions, the adoption of bio-plastics over recycled plastics is gaining traction—particularly in non-visible vehicle components. This shift is helping reduce overall vehicle weight, thereby improving efficiency and sustainability.

Many automakers and suppliers around the world have recognized the environmental and cost benefits of incorporating sustainable plastic materials in electric vehicle (EV) production. Bio-based polyesters and polyamides are being used more frequently, with the aim of lowering the environmental footprint of vehicles. For example, the Kia Soul EV uses bio-plastics for various interior components, including carpets, door latches, and seat trims, opting for these materials instead of traditional recycled plastics. Similarly, major automotive companies such as Toyota, BMW, and Nissan are also embracing bio-plastics to align with the broader shift toward green technologies. This trend is significantly contributing to the expansion of the plastics for electric vehicles market.

Private Label Cosmeceuticals in Europe: Growth Forecast 2021–2028

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The cosmeceuticals market in Europe is expected to grow from US$ 12,345.02 million in 2021 to US$ 21,746.39 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028.

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The European cosmeceuticals market is experiencing significant growth, driven largely by the expanding male grooming industry. Over the past decade, there's been a crucial shift in how men approach self-care, moving away from the outdated idea that it's not masculine to indulge in pampering.
This change is reflected in the increasing share of male consumers in dollar sales, particularly with a rising demand for anti-aging and acne control cosmeceuticals. The combined efforts of influencers and brands are actively breaking down traditional stereotypes, encouraging men to embrace self-care routines.
Looking ahead, the skincare segment will see a rise in products tailored for various skin types and different degrees of stubble. While the number of new product launches for men will likely remain lower than those for women, this gap is expected to narrow progressively over time.

Biofertilizers and the European Green Deal: Market Impact 2028

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The biofertilizers market in Europe is expected to grow from US$ 469.34 million in 2021 to US$ 1,153.11 million by 2028; it is estimated to grow at a CAGR of 12.1% from 2021 to 2028.

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Organic farming is basically a method that includes growing and nurturing crops with the utilization of biological materials and products and eliminates the use of synthetic-based fertilizers and pesticides. Organic farming is being increasingly adopted as it provides healthy and high-quality food products. Along with this, organic farming provides several environmental benefits such as it improves soil fertility, combating soil erosion, and reducing greenhouse gas emissions. The demand for organic products is increasing which is not only due to the increase in conscientious consumers but also due to rising incomes which has increased the area under organic farming. According to the report of World of Organic Agriculture, by the Research Institute of Organic Agriculture (FiBL) and IFOAM, in 2019, 72,3 million hectares were under organic agricultural management across the world.

Supply & Demand Forecasts in the Automotive Lead Acid Sector 2028

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The automotive lead acid battery market in Europe is expected to grow from US$ 4,296.50 million in 2021 to US$ 5,732.39 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028.

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The automobile industry is a cornerstone of Europe’s economic progress. The European Union is one of the leading global producers of vehicles, and the automotive sector is the largest private contributor to research and development (R&D), accounting for 29% of total R&D expenditure. The European Commission actively supports global technical harmonization and provides funding for R&D to enhance the competitiveness and innovation capacity of the EU automotive industry.

One of the key drivers of the European automotive lead-acid battery market is the robust automotive sector. As of October 2019, Europe had over 260 million passenger vehicles, 30 million buses, and 4 million trucks on its roads. Each year, the market sees the addition of around 15 million new cars and 200,000 to 220,000 new trucks, all of which rely on lead-acid batteries for starting, lighting, and ignition (SLI) functions.