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Showing posts from March, 2023

Bioplastic Packaging Market 2023 Revenue, Growth Rate, Sales, and Forecast to 2030

  Global Bioplastic Packaging  Market   - Overview Bioplastics are a biodegradable group of polymers that can be manufactured from renewable sources. Demand for conventional polymers are declining mainly due to the fact that they can last for a very long time, can be hazardous to current life and the ecosystem. Hence, the demand for Bioplastics is increasing rapidly. According to a recent study report published by the Market Research Future, The global market of Bioplastic Packaging is booming and expected to gain prominence over the forecast period. The Global Bioplastic Packaging market is forecasted to demonstrate an exponential growth by 2030, surpassing its previous growth records in terms of value with a whooping, CAGR during the estimated period (2023 – 2030). Stringent government regulations against consumption of non-recyclable plastics driving the growth of the industry. For example, in 2008, the government of China launched policy to ban plastic bags and focus on bioplastic

Pet Food Packaging Market Releases Report On The Market Size Name 2023-2030

  Global Pet Food Packaging Market   - Overview The market for pet food packaging is induced by the change of lifestyle of people across the globe along with increased spending. With the change in lifestyle, the pet adoption rate has gone up which further fuels the demand for quality pet food. The owners are spending more on their pets to provide them with quality packaged food to ensure a healthy and nutritious meal for their pets. Furthermore, the increased competition in the pet food market is also driving the market for packaging in the same sector.   More than the design elements of the packaging, consumers are putting more emphasis on making sure that the products they purchase are produced in an ethical and sustainable manner, and for pet food packaging manufacturers this means the rise of biodegradable and recyclable bags. This enhances the scope of tags and labels market in the industry. The market has also seen developments and investment by manufacturers and Pet Food compani

Sodium Chloride Market Size 2023 Global Demand, Estimation by 2030 with Top Players -MRFR

 Sodium chloride is universally known as common salt and used in excess quantities by various end-use industries. It is generally obtained by evaporation of seawater or brine via vacuum evaporation or solar methods. It is produced in large quantities to serve the demands of wastewater treatment, chemicals, and oil & gas. The global sodium chloride market report by Market Research Future (MRFR) outlines several pertinent factors, drivers, opportunities, and drawbacks for the period between 2021 and 2028 (forecast period). Segmentation Analysis The global Sodium Chloride Market Size has been segmented on the basis of type, manufacturing process, grade, and application. Based on type, the global sodium chloride market has been classified into rock salt, solar salt, and others (brine and vacuum). Solar salt is expected to be the biggest segment throughout the forecast period owing to applications in foods & beverages. By manufacturing process, the global sodium chloride market ha

Chlorobenzene Market Size 2023 | Competitive Landscape and Industry Poised for Rapid Growth 2030

  Market Overview The Global Chlorobenzene Market is projected to reach USD 3,146.50 by 2030 exhibiting a CAGR of 5.7%. Chlorobenzene is a colourless liquid used as a solvent, degreasing agent, and chemical intermediate. It belongs to the family of organic halogen compounds. Chlorobenzene is used in the manufacturing of organic chemicals, insecticides, pigment, dyes, paints, textiles, and cosmetics. The chemical industry across the globe is witnessing healthy growth due to the increase in the demand in the industries such as construction, automotive, and electronics. Industrialization and urbanization in Asia-Pacific supported by low labour cost and economic growth are also favouring the growth of the industry. Thus, the growth of the chemical industry is expected to fuel the demand for Chlorobenzene Market Size . Chlorobenzene is significantly used in the production of fertilizers and agrochemicals. The growth of the market is driven by expanding agricultural industry in emerging coun

Aldehyde Market Demand Future, Solutions, User Prospects And Forecasts To 2030

  Overview: The Aldehyde Market Demand can receive good tailwind to reach a valuation of USD 6.0 billion by the year 2030. Years between 2023 and 2030 can be considered the forecast period as discussed in the report released by Market Research Future (MRFR). During the period, the growth would touch a moderate 3.80% CAGR. The aldehyde can be defined as an organic compound that has a formyl functional group. Aldehydes display diverse types of properties and rely highly on various functional molecular groups that include butyraldehyde, benzaldehyde, formaldehyde, propionaldehyde, acetaldehyde, and others. It has a significant application in various industries like food & beverages, pharmaceutical, chemical, automotive, and others. Its application in the production of acids, alcohol, resins, and others has a widespread impact. Its influence in the plastic industry and as paints binder in paints & coating industry are facets that can trigger better growth for the market. Howeve

Styrene Butadiene Rubber Market Size 2023 – Volume, Value, Price and Forecast till 2030

  Market Overview The global styrene-butadiene rubber market could cross more than USD 6652 Million by 2030, stipulates Market Research Future (MRFR). It is slated to obtain a CAGR of over 7% during the forecast period (2023–2030). Get Sample @ https://www.marketresearchfuture.com/sample_request/1050 Growth Boosters and Key Barriers Styrene-butadiene rubber (SBR) is generally used in similar applications as natural rubber/ isoprene rubber (NR/IR) elastomers. The primary applications of SBR are haul-off pads, drive couplings, shoe soles and heels, conveyor belts, roll coverings, adhesives, and car tires along with various types of molded rubber goods. Some of the growth-inducing factors in the SBR market include the surge in automobile production and the mounting demand for electric cables insulation. These factors are backed by the rise in urbanization across various regions. This gives rise to the per capita disposable income, especially in the emerging nations, which could stimulate

Melamine-Based Adhesives Market Global Business Growing Strategies, Technological Innovation and Emerging Trends Of Outlook To 2030

  Market Overview: Melamine adhesives are synthesized by combination of melamine with formaldehyde. Characteristic features exhibited by melamine adhesives such as high moisture durability, greater flexibility, and fire & heat resistance make it more preferable over its counterparts. In addition to this, relatively low cost of the melamine based adhesives increases its competitiveness in the adhesives market. Melamine based adhesives find their applications in vast number of industries, wherein the key industries are building & construction, automotive, household, packaging, and others. Among these, the building & construction industry is driving the growth of market due to rising demand of adhesives for making construction materials. During the forecast period the demand from construction industry estimated to head north. Apart from building & construction industry, global automotive industry production is growing at Y-o-Y of 9%, fueled by rising light weight vehicle

Coated Paper Market Know the Untapped Growth Opportunities to 2030

  Market Scenario Market Research Future (MRFR) asserts the global coated paper market is anticipated to USD 29,900 Million with a CAGR of 4.4% during the forecast period (2023-2030). The accelerating usage of paper in the packaging industry favors the market growth to a great extent. When a paper is coated with a compound or polymer to offer qualities to the paper such as condensed ink absorbency, weight, smoothness, or surface gloss, it is referred to as coated paper. Either matte finish or glossy, coated paper is used for several applications such as magazines, printing, photo prints, book covers, art books, advertising materials, and catalogs. Get Sample @ https://www.marketresearchfuture.com/sample_request/2098 Market Potential and Pitfalls Coated paper is extensively used as it is resistant to wear, dirt, and tear. They are customized by adding textures depending upon the quality required by several end-user industries such as printing, packaging, and labeling. With the ban

Polyvinyl Chloride Market 2023 Explosive Factors of Revenue by Industry Statistics by 2030

 Polyvinyl Chloride (PVC) is a robust and light-weight plastic used in the making of various consumer goods. Economically versatile, PVC is used in the manufacturing of a variety of plastic products ranging from piping & siding, blood bags & tubing, to wire & cable insulation, windshield system components and many more. Wide applications of PVC across the industries make polyvinyl chloride market an ever-increasing space. Due to the excellent impact strength and weatherproof properties, Polyvinyl Chloride Market is used in the making of thousands of life-saving healthcare products used in surgeries, pharmaceuticals, drug delivery, and medical packaging. Some of the burgeoning end-use industries including the building & construction, healthcare, electronics, and automobile among several other sectors are escalating the market on the global platform, creating a massive demand for PVC products. Acknowledging the considerable growth, the PVC market witnesses currently Ma

Ultra High Molecular Weight Polyethylene Market Size 2023 Challenges And Opportunities 2030

  Market Synopsis: According to MRFR's analysis, it is estimated that global ultra-high -molecular -weight polyethylene market size will be USD 2.9 billion in 2021 and its drivers are various industries such as, medical grade & prosthetics, filtration, batteries, fibers, additives, membranes and others. Medical grade & prosthetics was one of the largest application accounting to 25% in 2019 and is expected to grow at the CAGR of 9.5% which had started from 2023 and is expected to continue till 2030. Demand in fiber application is anticipated to increase at the CAGR of 9.5% till 2030 presently it is growing at this rate since 2022. Study Objectives of Ultra High Molecular Weight Polyethylene Market: - To study detail of global Ultra High Molecular Weight Polyethylene Market Size by application and by region for the forecasted period from present till 2030. - To identify the market dynamics of ultra-high-molecular-weight polyethylene market with respect to drivers, restrain

Magnesium Sulfate Market | By Revenue Future, Development And Demand Forecast To 2030

  Market Synopsis According to Market Research Future (MRFR), the global magnesium sulfate market is anticipated to acquire a market value of USD 1,334.6 million, expanding at a CAGR of 5.50% by 2028. The increasing food demand owing to the growing population is likely to surge the adoption of magnesium sulfate fertilizers which can drive the Magnesium Sulfate Market 2023. Furthermore, the extensive application of magnesium sulfate in pesticides to correct the price of magnesium or sulfur deficiency in soil is anticipated to enhance the demand for product in agricultural sector and augment the market in the review period. Besides, the usage of magnesium sulfate as nutrient supplements, flavor enhancers, and firming agents are expected to boost the demand for the same and grow the market. On the contrary, allergic reaction cases caused due to magnesium sulfate can hamper the market growth during the forecast period. However, the growing application of magnesium sulfate in the healthca

Ferric Chloride Market 2023 - Global Trends and Future Scope Forecast to 2028

  Market Analysis  The global ferric chloride market is anticipated to grow at a 4.95% CAGR between 2021-2028, as per the recent Market Research Future (MRFR) report. Ferric chloride is an aqueous solution that is light brown to colorless and has a faint hydrochloric odor. It has an extensive range of applications, including metallurgy, electronics, chemical, and pharmaceutical for its solubility with various organic solvents along with its exothermic nature that helps to increase reaction rates. It is utilized as a catalyst in organic synthesis, to treat over-cropping of animal claws, a drying reagent in an anhydrous form in some reactions, and in energy storage systems.  Numerous factors are adding to the growth of the global Ferric Chloride Market . These factors, according to the latest Market Research Future report, include increasing awareness of consumers about the waterborne disease, especially typhoid and cholera, better performance characteristics, higher cost efficiency, dem

Fermentation Chemicals Market | Emerging Technologies, Opportunity, Leading Key Players and Forecast 2023 to 2030

  Market Summary The global market for fermentation chemicals stood at USD 61.22 million in 2020 and is projected to exhibit a CAGR of over 5.3% during the forecast period owing to the growing adoption of organic food and beverages across the globe. Also, the demand for fermentation chemicals is increased in the production of ethanol, which is used as an oxygenate in reformulated gasoline. The restriction on the use of methyl tert-butyl ether (MTBE) in North America and Europe is a major factor that has increased the adoption of ethanol, which is expected to propel the demand for fermentation chemicals during the forecast period. Segment Analysis The global Fermentation Chemicals Market is segmented based on product type and application. By product type, the global market has been segmented into alcohols & ketones, amino acids, industrial enzymes, organic acids, and others. Alcohols & ketones consist of ethanol, butanol, BDO, and acetone. The segment accounted for a major shar

Construction Lubricants Market Size Competitive Strategies & Forecasts 2023 to 2030: Demand and Future Growth

 Rising construction and mining activities worldwide is generating substantial market opportunities of construction lubricant. Market Research Future (MRFR) reports that the global Construction Lubricants Market Size is set to demonstrate a compound annual growth rate (CAGR) of 4% during the forecast period (2023-2030). In 2022, the market stood at a valuation of USD 13 Mn. Given the rapid expansion of the equipment fleets, demand for global lubricants will continue to rise for the medium if not beyond. A variety of lubricant is available, of which categories such as engine oil, hydraulic oil and gear oil witness strong demand. The growth of the global construction sector is also proving the tailwinds to the global construction lubricants market. The arrival of synthetic lubricant is also expected to provide an impetus to the market in the forthcoming years. Inclination towards synthetic oils is being prompted by elements such as reduced cost, environmental viability and superior per

Automotive Metal Die Casting Market Size | Key Drivers And Trends Analysis Revealing Leading Players

 Market Research Future will be publishing a cooked research report on “Global Automotive Metal Die Casting Market” that contains the information from 2023 to 2030. The global automotive metal die casting market is expected to exhibit a CAGR of 8.75% during the forecast period 2023–2030. Market Research Future (MRFR) recognizes the following companies as the key players in the global Automotive Metal Die Casting Market Size : Endurance Technologies Limited (India), Rockman Industries Ltd (India), Nemak (Mexico), Sandhar (India), Martinrea International, Inc (Canada), Dynacast (US), Buhler AG (Switzerland), Ryobi Limited (Japan), Shiloh Industries, Inc (US), GF Casting Solutions AG (Switzerland), Minda Corporation Limited (India), Tadir-Gan Group (Israel), PHB Corp. (US), Gibbs (US), and Eco die casting Co., Ltd (China), among others. Market Highlights The automotive metal die casting market is projected to be valued at USD 46,167.5 million by the end of 2030 and projected to register

Titanium Metal Market 2023 Disclosing Latest Trends And Advancement Outlook 2030

  Overview: The global titanium metal market is taking long strides ahead with several sectors boosting its pace. Reasons behind the market getting a probable chance to score 6.17% CAGR value-wise and 5.36% CAGR volume-wise during the forecast period (2023-2030) are its features. Market Research Future (MRFR) made a detailed study of the market to get a hold of the market dynamics. It has corrosion-resistance, durability, and extraordinary strength but is lightweight, which opened doors for its percolation into several associated sectors. Its symbol is Ti, and the atomic number is 22. It can be used as an alloy with iron, aluminum, vanadium, molybdenum, and others. Its strength-to-density ratio is the highest among the metallic elements. The Titanium Metal Market is going to get backups from several factors that would help the progress in the coming years. The automotive sector is one major factor that can impact market growth considerably. The sector is looking for strong but lightwe

Boiler Water Treatment Chemical Market 2023 Estimation by 2030 with Top Players -MRFR

 Boiler water treatment chemicals are agents used for eliminating impurities from boilers. These impurities can be suspended matter, dissolved gases, and dissolved solids which can cause corrosion or deposition. The global boiler water treatment chemicals market report looks at the various agents used in ensuring the continuous working of steam boilers and industrial boiler systems for the period 2023 to 2030 (forecast period). Segmentation The global Boiler Water Treatment Chemicals Market has been segmented on the basis of type, conditioning method, end-use industry, and region. Based on type, the global boiler water treatment chemicals market has been segmented into oxygen scavengers, sludge conditioners, alkalinity builders, multifunctional, scale inhibitors, anti-foaming agents, sequestering agents, and others. Based on conditioning method, the market has been classified into external (pre-treatment) and internal (post-treatment). By end-use industry, the market has been segment