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Showing posts from July, 2021

Middle East Drilling Fluid Market Estimates and Forecast, 2012-2022

  The Middle East   Drilling Fluid Market   estimated to touch US$ 2.19 billion by the completion of the prediction period. The Middle East drilling fluid industry was appreciated by US$ 1.45 billion in the year 2014. The Middle East drilling fluid market is estimated to develop at a CAGR of 5.3% for the duration of the prediction. Increasing worry about the failing wells, leak repression, and treatment of solid trashes is estimated to motivate the demand for the product above the prediction period. The progress of innovative drilling fluid chemicals, mainly for borehole necessitating horizontal boring, is expected to generate huge openings for the market. Increasing worries about fitness, protection, and surroundings about discarding of carvings and release of sludge are expected to obstruct the progress of the market above the prediction period. Increasing worries regarding environment about the damaging properties of Oil-Based Fluids [OBF] are important to growing acceptance of Wate

Commercial Flooring Market Technological Advances And Stylish Trends

  The global   commercial flooring market   is expected to cross USD 47.69 billion by 2025. Floorings are essential components of any commercial structure that is gaining a wider prominence in applications that include automobiles, aviation, manufacturing, and aerospace. Technological advances and stylish trends have paved the way for market growth in the past few years along with users’ shift from regular flooring to cost effective yet eco-friendly flooring alternatives, made of bamboo, glass, polyester, and hardwood. In addition, the installation of novel products in residential and commercial domain emphasizing on innovative techniques have driven the commercial flooring industry in the recent years. The market is also influenced by increase of production in the automobile sector that demands car flooring. Overall, the commercial flooring market is expected to witness a significant CAGR in the forecast period. Commercial flooring industry is driven by factors such as rise in the num

Pressure Sensitive Tape Market Driver Analysis and Growth Prospects

  Global Pressure Sensitive Tape Market is anticipated to reach USD 69.26 billion over the forthcoming period. Pressure sensitive tapes are also known as “PSA Tape”, or “Adhesive Tape”. Pressure sensitive tape is an adhesive tape that could be stuck with application of pressure, without the solvent (such as heat or water) for initiation. It is mainly used in the institutions, industry, office, home for several purposes. The factors that propel the growth of the Pressure Sensitive Tape industry include increasing demand for Box/sealing, extensively used for packaging, labelling, sealing, electric insulation, general-purpose, and stationery applications. On the other hand, there are factors that may hamper the growth of the market including severer rules concerning solid waste disposable. Pressure Sensitive Tape Market is anticipated to grow at a significant CAGR of 6.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Pressure Sen

Medical Plastic Market Growth and Driver Analysis Report to 2025

  The global   Medical Plastics Market   size is expected to value at USD 33.6 billion by 2025. The market is subject to witness a substantial growth due to the growing demand for sterilized plastics form healthcare sector. Implementation and upgradation of infection prevention standards is one of the critical factors responsible for the growth of medical plastics industry of late. The other factors such as rise in the number of surgical, hospital, and outpatient procedures are expected to boost the market growth over the forecast period. Globally, the medical plastics market is predicted to grow at CAGR of 5.7% in forecast period, providing numerous opportunities for market players to invest in research and development in the market. However, changes in prices of crude oil are considered as critical factors responsible for variations in the cost of materials like polyvinyl chloride (PVC), polyethylene (PE), polypropylene (PP), and polystyrene, thereby largely affecting market expansio

Green Packaging Market Is Estimated To Grow At A Significant CAGR Of 5.7% In Future

  Global Green Packaging Market is expected to reach USD 237.8 billion by 2024. Green Packaging is also termed as sustainable packaging or energy efficient packaging. It has low impact on environment and energy consumption. The packaging involves the usage of biodegradable and recyclable material. There are various materials available in the market for the production of green packaging products like recycled papers, biodegradable plastics, solid bleach sulfate, and bio-based plastics. The Green Packaging Market is estimated to grow at a significant CAGR of 5.7% over the future period as the scope and its applications are rising enormously across the globe. Strict government policy regarding sustainability, rising use of edible packaging material, increasing packaging companies, and rising consumer awareness regarding advantages of eco-friendly materials are documented as major factors of Green Packaging Market that are estimated to enhance the growth in the years to come. However, high

Nitrous Oxide Market Will Grow At CAGR Of 7.1% During 2014 - 2025

  The global nitrous oxide market witnessed market value of USD 805.1 million in 2016 owing to rise in demand from several industries such as electronics, automotive, food & beverages and medical. Nitrous oxide is used as an efficiency enhancer and further injected to boost gas engines. In addition, nitrous oxide is also used in dental treatments for analgesic purpose. However, stringent government regulations coupled with strict norms by food & drug administration are likely to restrict the market growth in the near future. Overall, the nitrous oxide market is anticipated to register a CAGR of 7.1% in the near future. Nitrous oxide is produced commercially by heating ammonium nitrate to a higher temperature. A channel with washers and scrubbers subsequently eliminate water vapor with high oxides of ammonia, nitrogen and nitric acid, and the other impurities. Nitrous oxide is normally stored below its acute temperature and exists in liquid and vapor phases. Unlike cylinders com