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Aerosol Market Size Worth $131.9 Billion By 2030 | CAGR 6.6%

Aerosol Industry Overview The global aerosol market size was valued at USD 73.9 billion in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 6.6% from 2022 to 2030.  The growth is majorly driven by the increasing consumption of personal care products, such as deodorants, shaving creams, hair sprays, and body sprays. Aerosols are colloidal systems of solid or liquid particles suspended in a gas. They find a broad range of applications in personal care, household, automotive and industrial, food, paints, and medical sectors. The convenience of use and aesthetic design of aerosol has been attracting various end-use industries towards aerosol-based product packaging. Rapid urbanization coupled with infrastructural developments in emerging economies of Asia Pacific is expected to drive the demand for aerosol in paints and household products. Gather more insights about the market drivers, restrains and growth of the Global Aerosol Market In addition, the intro...

U.S. Cannabis Packaging Market Size Worth $9.3 Billion By 2030

U.S. Cannabis Packaging Industry Overview The U.S. cannabis packaging market size was valued at USD 842.7 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 30.6% from 2022 to 2030.  The market is witnessing significant growth owing to the increasing legalization of cannabis usage in U.S. states. The recreational use of cannabis is also gaining a green signal from the states, which is further supporting the market growth. The major revenue-driven states of the country include California, Colorado, Michigan, Florida, Washington, Nevada, Oregon, Arizona, Massachusetts, and Illinois. These are considered mature markets of the country, which have legalized the use of cannabis in the medical industry due to its health benefits. Gather more insights about the market drivers, restrains and growth of the U.S. Cannabis Packaging Market However, some of them are into the legalization process for recreational use but are projected to acquire legal permissi...

Polyisoprene Market Worth $2.94 Billion By 2028 | CAGR: 4.1%

Polyisoprene Industry Overview The global  polyisoprene market   size is expected to reach USD 2.94 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.1% from 2021 to 2028. Increasing adoption of polyisoprene in the automotive, footwear, medical, non-automotive sectors is projected to fuel the market growth during the forecast period. The product is also expected to have a high demand in the tires & related products application due to the product properties like excellent resistance to abrasion &tearing and high compression set along with the increasing demand for Electric Vehicles (EVs). Polyisoprene Market Segmentation Grand View Research has segmented the global polyisoprene market on the basis of application and region: Based on the Application Insights, the market is segmented into Tires & Related Products, Latex, Footwear, Non-automotive Engineering, Belts & Hose...

Chloroprene Rubber Market Worth $1.39 Billion By 2028

Chloroprene Rubber Industry Overview The global  chloroprene rubber market  size is expected to reach USD 1.39 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 4.6% from 2021 to 2028. Increasing adoption of chloroprene rubber in the automotive, electrical & electronics, construction, and textile industries is projected to fuel the market growth during the forecast period. It is widely used in tire sidewalls, automotive trims, gaskets, and related products owing to the rising demand for Electric Vehicles (EVs). Chloroprene Rubber Market Segmentation Grand View Research has segmented the global chloroprene rubber market on the basis of application and region: Based on the Application Insights, the market is segmented into Automotive, Electrical & Electronics, Construction, Textile, Others. The automotive application segment dominated the market in 2020 and accounted for more than 35% of the ove...

Corrugated Board Market Worth $149.7 Billion By 2028 | CAGR 6.5%

Corrugated Board Industry Overview The global corrugated board market size was valued at USD 90.79 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2021 to 2028. Rising demand for greener packaging solutions and increasing packaging needs of  e-commerce   platforms are anticipated to drive market growth. Corrugated boards, derived from pulp & paper, are highly recyclable than plastic packaging. The fluting medium present in the corrugated board acts as a shock absorber, thereby protecting packaged goods from external impact. These containers can withstand high pressure, wherein various thicknesses and layers of the flutes provide benefits, such as cushioning, to protect packaged products. Gather more insights about the market drivers, restrains and growth of the  Global  Corrugated Board Market The single wall segment led the market in the U.S. in 2020 owing to a wide application scope of these products in industrie...