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Showing posts from September, 2022

Pharmaceutical Glass Packaging Market Is Extrapolated To Rise, Due To Extensive Utilization Of Generic Injectable Drugs

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    The global  pharmaceutical glass packaging market   size is expected to reach USD 7.46 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.8% from 2021 to 2028. The demand for pharmaceutical glass packaging is projected to be driven by the growth of the pharmaceutical industry in emerging economies, especially in the Asia Pacific region.   The cost sensitivity in the healthcare sector and the growing significance of biotech drugs have resulted in the establishment of stringent regulations related to drug delivery products. Many pharmaceutical drugs manufacturing companies are focused on increasing the shelf life of a drug and are therefore making investments in the research and development of glass vials. The newly developed products are expected to aid the growth of glass vials due to the expansive number of applications.   Pharmaceutical Glass Packaging Market Segmentation Grand View Research has segmented the global pha

Thermoplastic Vulcanizates Market To Create Business Opportunities, Based On Growing Demand For Lightweight, High-Performance Materials

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        Thermoplastic Vulcanizates Industry Overview   The global  thermoplastic vulcanizates market   size is anticipated to reach USD 2.6 billion by 2028, according to a new report by Grand View Research, Inc., registering a CAGR of 6.9% over the forecast period. The growing demand for lightweight, high-performance materials from the automotive industry is expected to drive the global market. Increasing government intervention for improving fuel efficiency has prompted the use of high-performance engineering plastics including thermoplastic vulcanizate (TPV).   The medical application segment is expected to witness the fastest growth over the forecast period. The high demand for advanced healthcare services owing to the availability of well-developed healthcare infrastructure, increasing incidences of Cardiovascular Diseases (CVDs), and rising aging population across the world is anticipated to drive the demand for medical devices.   Thermoplastic Vulcanizates Market Segmentation Gra

Flat Glass Coatings Market To Show Astonishing CAGR Growth, Due To Rising Construction Spending On Account Of Rapid Urbanization Across The Globe

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      Flat Glass Coatings Industry Overview   The global  flat glass coatings market   size is expected to reach USD 10.3 billion by 2030, registering a CAGR of 20.4% during the forecast period, according to a new study by Grand View Research, Inc. Rising demand for mirror and glass facades from the commercial and residential sectors coupled with growing product adoption in the automotive & transportation sector is likely to drive the market during the forecast period.   The growing demand for renewable sources of energy and the rising number of solar installations across the globe are likely to increase the adoption of solar panels; thus, augmenting the demand for flat glass coatings. Moreover, favorable government regulations and rising awareness regarding energy scrutiny are anticipated to drive the product demand in architectural applications over the coming years. Countries such as Italy, the U.K., the U.S., Japan, China, India, and Germany, which are part of the Kyoto Protoco

Nitrile Butadiene Rubber Market To Rise Up, Due To Increasing Utilization And Rising COVID-19 Positive Cases

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    Nitrile Butadiene Rubber Industry Overview   The global  nitrile butadiene rubber (NBR) market  is anticipated to reach USD 3.2 billion at a CAGR of 5.2% from 2022 to 2030 according to a new study by Grand View Research, Inc. The global market is anticipated to be driven by the increasing demand from the automotive industry. NBR is extensively used in the automotive industry manufacturing hoses, cables & belting, O-rings & seals, and other molded & extruded products.   Nitrile Butadiene Rubber Market Segmentation Grand View Research has segmented the nitrile butadiene rubber market based on product, end-use, and region:   Based on the  Product  Insights, the market is segmented into Hoses, Belts, Cables, Molded & Extruded Products, Seals & O-rings, Rubber Compounds, Adhesives & Sealants, Gloves, Foamed Products, Others. Seals & O-rings product type segment accounted for the largest revenue share of over 19% in 2021. The increasing End-use scope of nitril

Synthetic Leather Market To Show Astonishing Cagr, Due To Globally Increasing Demand From The Footwear Sector

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    Synthetic Leather Industry Overview   The global  synthetic leather market  size is expected to reach USD 66.84 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2022 to 2030. The expanding product application scope in footwear has been a major factor driving the market. Furthermore, the increased significance of animal rights and growing awareness regarding that, as laid forth by various groups, and strict legislation prohibiting the use of real leather are driving the demand for synthetic leather.   Synthetic Leather Market Segmentation Grand View Research has segmented the global synthetic leather market based on type, application, and region:   Based on the  Type  Insights, the market is segmented into PU Synthetic Leather, PVC Synthetic Leather, Bio-based Leather. The PU synthetic leather segment led the market and accounted for more than 55.0% share of the global revenue in 2021. It has been witnessing prom