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Showing posts from July, 2022

Plastic Resins Market Is Expected To Grow As Of Consumption Of Plastic Resins In Construction, Automotive, Electrical, And Electronics

    Plastic Resins Industry Overview   The global  plastic resins market  size is expected to reach USD 1.07 trillion by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a 4.5% CAGR over the forecast period. The increasing consumption of plastic resins in construction, automotive, electrical, and electronics applications is boosting the market growth. Government intervention to reduce overall vehicle weight to improve fuel efficiency and reduce carbon emissions has prompted automakers to use resins to replace steel and aluminum in automotive components.   Favorable federal regulations on CO2 emissions set by agencies such as the National Highway Traffic Safety Administration and the Environmental Protection Agency (EPA), as well as EU initiatives to develop plastics applications for light-weight and fuel-efficient cars, are expected to fuel global growth and promote the market. However, the ongoing health crisis and the lockdown imposed by vario

Thermoformed Plastics Market Is Expected To Boost, Due To Rapid Industrialization, Infrastructural Developments And Medical Activities

    Thermoformed Plastics Industry Overview   The global  thermoformed plastics market  size is expected to reach USD 20.66 billion by 2030, according to a new report by Grand View Research, Inc. Furthermore, the report forecasts the market to expand at a CAGR of 4.9% from 2022 to 2030. Globally, the increasing demand for medical and pharmaceutical products has been an important factor behind the market growth. Also, technological innovations in the manufacturing processes of these plastics are anticipated to advance the market.   The increasing demand for these plastics in various application areas including food packaging, healthcare and medical, electrical and electronics, automotive, construction, and consumer goods & home appliances is expected to propel the market in the coming years. Rapid industrialization, infrastructural developments, and medical activities are expected to boost market growth from 2022 to 2030.   Thermoformed Plastics Market Segmentation Grand View Resear

Silicone Market To Boost By Growing Demand For Electroactive Materials In The Electrical Industry To 2028

    Silicone Industry Overview   The global  silicone market  size is anticipated to reach USD 19.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.3% from 2021 to 2028. The rising demand for lightweight automotive materials to decrease the overall vehicle weight and fuel consumption is likely to drive the market over the forecast period. The rising importance of liquid silicone rubber as Liquid Injection Molding System (LIMS) materials in wire harness for inducing indispensable wiring system is also expected to drive the market. Furthermore, the growing demand for electroactive materials in the electrical industry will fuel market growth.   Silicone Market Segmentation Grand View Research has segmented the global silicone market report on the basis of product, end-use, and region:   Based on the Product Insights, the market is segmented into fluids, gels, resins, elastomers and others The elastomers segment led th

Specialty Chemicals Market To Create Business Opportunities, Due To High Demand of Flavor & Fragrances Till 2028

  Specialty Chemicals Industry Overview   The global  specialty chemicals market  size is expected to reach USD 824.1 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Higher performance achieved by the application of specialty chemicals when compared to their conventional counterparts is expected to be one of the prime market growth factors.   According to the European Chemical Industry Council (Cefic), specialty chemicals accounted for more than 25.0% of the total production in the EU region in FY 2018. Increasing disposable income, growing awareness, healthcare spending, construction spending, infrastructural development, and population growth are factors likely to increase the product sales across end-use industries such as construction, personal care, and cosmetics, pharmaceutical and nutraceuticals, food, automotive, and electronics. It is further expected to be accelerated by the growing consumer demand

Liquid Crystal Polymer Films And Laminates Market To Forsee Commendable Growth, Boost By Increasing Use As An Alternative To Polyimide Films In Various Application Industries

  Liquid Crystal Polymer Films And Laminates Industry Overview   The global  liquid crystal polymer films and laminates market  is expected to reach USD 271.7 million by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.1% from 2022 to 2030. The increasing global demand for wearable devices coupled with the increasing use of LCP films as an alternative to polyimide films is expected to drive the global market over the forecast period.   Liquid crystal polymer exhibits a highly ordered structure in both the molten and solid states. Due to its superior strength in extreme temperature conditions and its ability to withstand virtually all chemicals, burns, weathering, and radiation, it is widely used as an alternative for various materials such as metals, composites, ceramics, and plastics.   Liquid Crystal Polymer Films And Laminates Market Segmentation Grand View Research has segmented the global liquid crystal polymer films &

Oxidized Polyethylene Wax Market Is Developing Rapidly, Due To Increasing Demand For Wax And Its Derivatives Owing To Their Superior Properties

    Oxidized Polyethylene Wax Industry Overview   The global  oxidized polyethylene wax market  size is expected to reach USD 1.04 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a compound annual growth rate of 4.8% over the forecast period. The global market is expected to witness substantial growth over the forecast period owing to the increase in the demand from end-use applications, such as plastics, coatings, hot melt adhesives, rubber processing, and printing. Nontoxic nature, high thermal stability, and excellent dispersion have increased product consumption in the aforementioned segments.   Oxidized Polyethylene Wax Market Segmentation Grand View Research has segmented the global oxidized polyethylene wax market report on the basis of product, application, and region:   Based on the Product Insights, the market is segmented into high-density and low-density In terms of volume, the high-density product segment dominated the m

Collagen Market To Create Business Opportunities Worth USD 16.7 Billion By 2028, Based On Demand From The Cosmetics Industry Till 2028

    Collagen Industry Overview The global  collagen market  size is expected to reach USD 16.7 billion by 2028, expanding at a revenue-based CAGR of 9.0%, according to a new report by Grand View Research, Inc. The growth in the market can be attributed to the high demand for collagen in cosmetic surgeries and wound healing treatments. Increasing consumer spending capacities coupled with the popularity of skin surgeries has propelled product demand across the world. Bovine, porcine, poultry and marine are the four main sources required for manufacturing collagen. Collagen from bovine source accounts for a substantial share of 38% as of 2020, as opposed to other sources, on account of the abundance of bovine sources and relatively lower price as compared to marine and porcine sources. Marine is superior to that of bovine or porcine sources, owing to its high absorption rate and bioavailability. However, the product obtained from marine costs relatively higher than from bovine and porcine

Chromatography Resin Market Is Extrapolated To Reach A Value Of $ 3.07 Billion By 2030, Rising Demand From Pharmaceutical, Chemical, Food & Beverage

    Chromatography Resin Industry Overview   The global  chromatography resin market  size is expected to reach USD 3.07 billion by 2030, as per a new report by Grand View Research, Inc. The market is projected to advance at a CAGR of 5.4% from 2022 to 2030. The growth is majorly driven by the constantly increasing need for drug development activities for the production of biopharma and biological products for diagnostics. The chromatography technique is used in therapeutic drug monitoring, which is used when a patient is on toxic medication to analyze the blood and urine levels. Such tests of blood, urine, stool, and umbilical cord on a regular basis are beneficial to ensure that the patient is taking an appropriate dose of medication. This technique helps companies develop and manufacture biological pharmaceutical tools to achieve the safety and quality of active ingredients.   Chromatography Resin Market Segmentation Grand View Research has segmented the global chromatography resin

Nylon Market To Rise, Due To Improving Socio-Economic Trends And Infrastructure Development, 2030

  Nylon Industry Overview   The global  nylon market  size is expected to reach USD 53.04 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.2% from 2022 to 2030. Increasing demand from engineering plastics, electrical and electronics, textiles, and automotive applications is driving the market. Nylon is widely used in electrical and electronic applications such as the production of tubes for cables and wirings, contactors, connectors, circuit breakers, and low voltage switch gears. Furthermore, the properties of nylon 6 such as enhanced electrical insulation, good processability, thin walls, laser marking ability, low flammability, practical ball pressure temperature, high stiffness and toughness, high heat distortion temperature, excellent flow characteristics, short injection cycle time, and lightweight are fueling the adoption of nylon 6 in the electrical and electronics industry.   Nylon Market Segmentation Grand View Re