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Showing posts from August, 2022

Shipping Container Market Worth $15.83 Billion By 2028 | CAGR: 12.0%

Shipping Container Industry Overview The global shipping container market size was valued at USD 6.41 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.0% from 2020 to 2028. The market is witnessing a high growth owing to rising maritime shipping on account of an increase in trade agreements across the nations. Most of the shipping containers are manufactured as per the specifications outlined by International Organization for Standardization (ISO), mainly to enable smooth and hassle-free loading/unloading and also to guarantee that the container will withstand extreme environments and structural integrity during transportation. Gather more insights about the market drivers, restrains and growth of the Global Shipping Container Market The U.S. has one of the largest pharmaceutical markets worldwide and is one of the top 3 importers and exporters of medical products. Large investments in drug development, production of different healthcare prod...

Polyethylene Vapor Barrier Films For Under Slab Market Worth $2.18 Billion By 2028

Polyethylene Vapor Barrier Films For Under Slab Industry Overview The global polyethylene vapor barrier films for under slab market size was valued at USD 1.18 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2021 to 2028. The growing construction activities are significantly fueling the growth of the market. Polyethylene (PE) vapor barrier films are widely used in the construction industry for under slab applications to block water vapors coming up from the ground underneath a building. These films play a major role in mitigating damage caused by trapped moisture below flooring and foundation, which, in long term, result in the formulation of mold and mildew, releasing airborne mold spores that can lead to serious respiratory ailments and deterioration of building materials. Therefore, to mitigate the aforementioned risks and increase the life of buildings, the construction industry has increasingly started the application of polyethylen...

Post-consumer Recycled Plastics In Consumer Electronics Market Worth $21.6 Million By 2028

Post-consumer Recycled Plastics In Consumer Electronics Industry Overview The post-consumer recycled plastics in consumer electronics market size was valued at USD 11.4 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.6% from 2021 to 2028. Factors, such as the rising demand for e-waste in consumer electronics products, growing urbanization, increasing disposable income, and rapid industrialization across the world have propelled the demand for electronic equipment. Plastics, due to their durability, toughness, transparency, high heat and chemical resistance, and lightweight, have gained traction in electronic equipment such as laptops, smartphones, and other wearable electronic devices. Gather more insights about the market drivers, restrains and growth of the Global Post-consumer Recycled Plastics In Consumer Electronics Market To cater to the rising demand for electronics from the growing population, end-use electronic industries are simulta...

Food Grade Lubricants Market Size Worth $657.2 Million By 2028

Food Grade Lubricants Industry Overview The global food grade lubricants market size was valued at USD 309.7 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.6% from 2021 to 2028. The demand for food-grade lubricants is anticipated to be driven by the increasing consumption of processed food and beverages.  The demand for lubricants from the end-use industry such as food, beverages, pharmaceuticals, cosmetics, and others is anticipated to show a continuously growing trend over the forecast period. Additionally, increased consumption of food products such as dairy, meat, and beverages is anticipated to fuel the demand for food-grade greases over the forecast period. Gather more insights about the market drivers, restrains and growth of the Global Food Grade Lubricants Market Major oil and gas companies such as British Petroleum, Total SA, and Exxon Mobil Corporation, are some of the integrated lubricant manufacturers, which ensure steady ra...

U.S. And China Glucose Market Size Worth $9.44 Billion By 2028

U.S. And China Glucose Industry Overview The U.S. and China glucose market size was valued at USD 6.47 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2020 to 2028. The high expenditure on food and beverage products in the U.S. due to the high overall disposable income of the U.S. population is boosting the growth of the country’s glucose (dextrose) market. In addition, China is the world’s largest consumer of food and beverages, which is a primary factor supporting the glucose (dextrose) market growth. Rising disposable income and changing consumer dietary habits of the residents are likely to boost the demand for ingredients used in food processing. Gather more insights about the market drivers, restrains and growth of the U.S. And China Glucose Market The U.S. is exhibiting potential growth in the glucose (dextrose) market due to the high spending power of residents in the country and the busy lifestyle, which is, in tur...

North America Polyphenylene Sulfide Compounds Market Worth $355.02 Million By 2030

North America Polyphenylene Sulfide Compounds Industry Overview The North America polyphenylene sulfide compounds market size was valued at USD 212.5 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2021 to 2030.  Vehicular weight reduction regulations, in order to reduce fuel efficiency and ultimately reduce carbon emissions, have driven automotive OEMs to adopt polyphenylene sulfide (PPS) compounds over metals, such as aluminum and steel, for fabricating automotive components. Moreover, properties such as exceptional dimensional stability and resistance to mechanical stress and corrosive automotive fluids are boosting the product demand in the automotive industry . Gather more insights about the market drivers, restrains and growth of the North America Polyphenylene Sulfide Compounds Market Polyphenylene sulfide compounds are widely utilized in automotive, electrical and electronics, industrial coatings, oil and gas, and aerospac...