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Showing posts from September, 2024

Steel Rebar Market Insights, Sustainability and Recycling Trends in the Industry

Steel Rebar Industry Overview The global steel rebar market size was valued at USD 270.18 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2030. The market is anticipated to be driven by the rising investments in infrastructure development projects and construction activities. Government spending on propelling supporting infrastructural developments to boost economic growth is anticipated to benefit the market growth. For instance, in 2021, the Chinese government allocated USD 573 billion as special-purpose bonds (SPBs) to its local governments for rebuilding the country’s infrastructure. Of the funds raised through issuing SPBs, 50% were used for the industrial park and transport infrastructure development. Gather more insights about the market drivers, restrains and growth of the  Steel Rebar Market The U.S. is one of the major consumers of steel rebar and this trend is anticipated to prolong considering the rising spending on inf

Epoxy Resin Market Segmentation: Understanding End-User Industries And Preferences

  The global   epoxy resin market size   was estimated at   USD 11.25 billion in 2023   and is expected to grow at a CAGR of 6.3% from 2024 to 2030. Increasing demand for paints and coatings is anticipated to drive market growth significantly during the forecast period. Increasing demand for epoxy resins is attributed to growing spending on construction, particularly residential construction, especially in North America and Western Europe. The rapid growth in global manufacturing activities is expected to fuel the demand for paints & coatings used in the production of motor vehicles and other durable goods, as well as industrial maintenance applications. This is expected to boost the demand for epoxy resins globally. Asia Pacific has been the leading consumer of epoxy resins, fueled by increasing demand from China and India. Infrastructure development, along with increasing automotive production, has fueled paints & coatings demand in the region. Increasing disposable income an

Docks Market Overview And Key Developments In Infrastructure And Logistics

  The global   docks market size   was estimated at USD 1.79 billion in 2023 and is expected to witness a CAGR of 3.5% from 2024 to 2030. The market is driven by the rising structure demand as the governing bodies of various economies are conducting re-development of waterfronts to maximize their value for both business and community. The majorly used set of materials for floating dock construction includes wood, metal, plastic, composites, and concrete. Wood is the conventional material used for dock manufacturing. However, it is susceptible to warp, rot, splinters, and insect damage. This dock material also requires constant ongoing maintenance and upkeep which is time-consuming and costly. Thus, plastic or composite materials have emerged as a better alternative to wood, as they are more robust, lightweight, and adaptable. In addition, these materials do not rust, dent, or warp and also withstand extreme weather conditions. Furthermore, as coastal regions become more popular vacatio

Hydrogen Peroxide Market Will Have The Impact Of Environmental Regulations

Hydrogen Peroxide Industry Overview The global hydrogen peroxide market size was valued at  USD 1.44 billion in 2020  and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2020 to 2028. Rising demand for the product from the healthcare industry due to its antiseptic properties is projected to remain a key factor fueling market growth. In the healthcare sector, the product is highly demanded as an antiseptic, which is traditionally utilized on skin cuts and bruises to prevent infections. It is also widely used as a mouth rinse as it has the ability to relieve mouth irritation or mucus and other oral infections. Majorly, the substance releases oxygen, which leads to foaming on the bruised and cut skin and eventually leads to effective removal of dead skin as well as keeps the wound safe from infection. Gather more insights about the market drivers, restrains and growth of the  Hydrogen Peroxide Market Furthermore, in light of the recent COVID-19 pandemic, demand fo

Specialty Food Ingredients Market: The Impact Of Health And Wellness Trends

  Specialty Food Ingredients Industry Overview The global  specialty food ingredients market  size was estimated at  USD 101.9 billion in 2023  and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030. Rapid expansion of key application industries including food and beverages, pharmaceuticals, and personal care, and growing penetration of organized as well as e-retail across the world are primarily fueling growth in the industry. Specialty food ingredients typically preserve, texture, emulsify, color, and help to process and add an extra health dimension to produced food. They are all key to guaranteeing a wide range of processed foods offered today to consumers. They range from micro-ingredients such as vitamins, minerals, and enzymes to macro-ingredients such as specific proteins, fats, carbohydrates, fibers, and other substances. Moreover, the market is driven by the demand for products that are free from artificial ingredients and additives. This ha

Biostimulants Market Impact: The Role Of Microbial Products In Agriculture

Biostimulants Industry Overview The global biostimulants market size was valued at USD 2.6 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. This is attributed to rising in demand for the product from various end-use applications such as seed, soil, and foliar treatment. Biostimulants are fertilizers that are created organically and are used to nourish agricultural products as well as to promote plant growth and production. From the germination of the seed to the maturity of the plant, the product promotes plant growth and development. By encouraging the growth of interdependent soil microbes, these fertilizers also aid in nutrient transfer, assimilation, and usage while improving soil fertility. Gather more insights about the market drivers, restrains and growth of the   Biostimulants Market The product helps in improving the microflora, which, in turn, improves the efficiency of nutrient uptake by the plant. They increase

Biochar Market Report Provides Sustainable Solutions For Soil Health

Biochar Industry Overview The global biochar market size was estimated at USD 541.8 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2030. Increasing product consumption in producing organic food and its ability to enhance soil fertility & plant growth are expected to be key factors driving market growth. The European Biochar Certificate has passed regulations on its direct utilization in soil across several European countries including Austria and Switzerland. Biochar is a charcoal derived by controlled heating of waste materials, such as agricultural waste, wood waste, forest waste, and animal manure. Among all end-uses, it is widely used in a soil amendment to reduce pollutants and toxic elements and to prevent reducing moisture level, soil leaching, and fertilizer runoff. Gather more insights about the market drivers, restrains and growth of the  Biochar Market Environmental awareness, cheaper cost of raw materials, and cohes

Sustainability In The Flexible Packaging Market Helps To Find Eco-Friendly Solutions

  Flexible Packaging Industry Overview The global flexible packaging market size was estimated at USD 270.96 billion in 2023 and is expected to expand at a CAGR of 4.8% from 2024 to 2030. Increasing consumption of flexible packaging products in medical and pharmaceutical sectors is driving their demand. These products offer various advantages, such as container variety, need for less raw materials, ease of disposal, and lightweight nature, which are expected to fuel their demand over the forecast period. Gather more insights about the market drivers, restrains and growth of the  Flexible Packaging Market According to the Flexible Packaging Association, nearly 34.7 million tons of all produced food is sent to landfills annually. Food waste generates 27.0 million tons of carbon dioxide. In addition, there are other indirect effects of food production on the environment, which include the greenhouse gases generated from cattle breeding, farm machinery, vehicles that transport food, and nu

Modified Starch Market Sustainable Sourcing And Environmental Impact

    Modified Starch Industry Overview The global modified starch market size was estimated at USD 11.8 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030. The demand for processed and convenience foods is being driven by an expanding global population. Modified starch is a crucial and useful component found in manufacturing ready-to-eat food products. The market for modified starch is anticipated to expand significantly due to rising consumer demand for processed foods over the coming years. Gather more insights about the market drivers, restrains and growth of the  Modified Starch Market COVID-19 had both positive and negative impacts on the market. Processed and packaged foods were in high demand during the pandemic when consumers rushed to pile up foods that had longer shelf lives, which led to higher demand for modified starch. However, many restaurants and food service outlets were shut as well as the food and beverage su

Biocides Market Insights Regulatory Impacts And Consumer Awareness

  Biocides Industry Overview The global biocides market size was valued at USD 8.5 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030. The growth is driven by the consumer product segment wherein biocides are used in cleaning products, cosmetics & wipes, disinfectants, toothpaste, and laundry detergents, to name a few. Further, biocides are observed to be increasingly used in preservatives, disinfectants, insecticides, antiseptics, fungicides, and herbicides. Gather more insights about the market drivers, restrains and growth of the  Biocides Market Biocides are significantly used in the disinfection of food containers, surfaces or pipes utilized in food logistics and more. Increasing innovations by various multinationals to expand their product portfolio and minimize hazard caused by biocides, coupled with growing preference for natural biocides, shall lead to broader consumption of the product over the coming years. U.S. r

Printing Inks Market Report Helps To Analyse Demand Across Various Sectors

  Printing Inks Industry Overview The global printing inks market size was valued at USD 19.2 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 2.8% from 2021 to 2028. The market is expected to witness moderate growth over the forecast period. Factors such as the growing end-use industry, including flexible packaging, commercial printing & publishing, packaging labels, have majorly driven this market. The superior properties of the constituents such as pigments, binders, solubilizers, and additives to produce text, design, or images along with rising demand from the packaging sector, commercial printing, and changing consumer preference, these solutions are expected to have unceasing demand in the future. Gather more insights about the market drivers, restrains and growth of the  Printing Inks Market The global printing inks market is heading toward major consolidations to increase efficiency, support growth, and achieve more leverage with suppliers