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Showing posts from May, 2022

Surface Disinfectant Market Is Expected To Grow As Of Rising Awareness About Animal Diseases

  Surface Disinfectant Industry Overview The global surface disinfectant market size was valued at USD 5.1 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2030. The growth is attributed to several factors, such as lifestyle changes in developing economies, rising awareness about animal diseases among livestock farmers, and increasing demand for disinfectants for use in livestock farms. There has been a significant decline in demand for raw materials and active ingredients due to the COVID-19 pandemic, which led to the closure of multiple production hubs and factories globally. Multiple plants have been running at reduced rates or even shut down, which resulted in a supply-demand gap. However, a rise in demand for cleaning products, sanitizers, and disinfectants is expected to have a positive impact on the market growth. Gather more insights about the market drivers, restrains and growth of the   Global Surface Disinfectant Market

Virtual Clinical Trials Market Is Driven By The Increasing Healthcare Digitization

  Virtual Clinical Trials Industry Overview   The global virtual clinical trials market size was estimated at 7.8 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030.   The COVID-19 pandemic has significantly impacted the market. The market is majorly driven by a rise in R&D activities, the increasing healthcare digitization, as well as adoption of telehealth. Besides, technological advancements, alliances between clinical research organizations, pharmaceutical, and biotechnology companies as well as supportive government initiatives are anticipated to drive the market. The pandemic of COVID-19 is making the clinical trial industry change the way of conducting ongoing or upcoming trials.   Gather more insights about the market drivers, restrains and growth of the   Global Virtual Clinical Trials Market   As per the continuum clinical report published in April 2020, approximately 30% of the surveyed clinical trial places are pr

Plastic Compounding Market Is Expected To Grow At A Compound Annual Growth Rate (CAGR) Of 5.5% Over The Forecast Period

  Plastic Compounding Industry Overview   The global plastic compounding market size was valued at USD 61.4 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% over the forecast period.   Increasing substitution for glass, metals, wood, natural rubber, and man-made materials, such as concrete, is anticipated to drive the growth. The demand for plastic is rising owing to its various industrial applications due to benefits, such as easy molding and the ability to form the desired shape. Plastic compounding involves an elaborate process with various stages, such as determining additives ratio, high-speed mixing via twin-screw extruders, melt mixing, and cooling, before final pellet cutting and packaging. There is a diverse range of products available, depending on the additives and fillers integrated while processing the polymers.   These include antioxidants, processing aids, colorants, wear-resistant, blowing agents, lubricants, fillers and reinforcem

Flexitanks Market Is Projected To Rise As Of Growing Need To Reduce The Weight Of Bulk Packaging To Increase The Cost-Effectiveness

  Flexitanks Industry Overview   The global flexitanks market size was valued at USD 717.4 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 21.0% from 2020 to 2028.   Increasing global trade, coupled with the competitive benefits of flexitanks over their traditional substitutes, such as ISO containers, drums, barrels, and IBCs, is expected to drive the industry. Flexitanks have capacities ranging from twelve thousand liters to twenty-six thousand liters. These are commonly used for shipping an extensive range of liquid products, including wines, fruit juices, concentrates, mineral water, edible oils, tallow, malt extracts, lubricants, fertilizers, non-hazardous chemicals, and pharmaceuticals.   The U.S. has the presence of the world’s largest pharmaceutical companies including Pfizer, Johnson & Johnson, Eli Lilly and Company, and Abbott Laboratories. These companies prefer single-trip flexitanks for the transportation of temperature-sensitive liq

Disposable Gloves Market Will Rise Because High Prevalence Of The COVID-19 Pandemic Had Boosted The Demand For Disposable Gloves

    Disposable Gloves Industry Overview   The global disposable gloves market size was valued at USD 12.31 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2030.   The growing demand for disposable gloves, especially from the healthcare industry amidst the ongoing COVID-19 pandemic, along with the rising awareness regarding healthcare-associated infections, is expected to fuel the market growth. The healthcare sector in major developing economies is anticipated to witness substantial growth on account of several factors, such as increasing investments in both the private and public sectors, rising population, the high influx of migrants, and the growing geriatric population. Furthermore, rising healthcare expenditure is projected to boost the growth of the healthcare sector, which, in turn, is estimated to augment the demand for disposable gloves.   Gather more insights about the market drivers, restrains and growth of the   Global