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Showing posts from August, 2022

U.S. Automotive Wrap Films Market Share by Manufacturers, Types and Current Scenario 2022-2028

  U.S. Automotive Wrap Films Industry Overview The U.S. automotive wrap films market size to be valued at USD 4.32 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 18.8% during the forecast period. The rising trend of consumer spending on automobile customization coupled with the rising number of medium-duty vehicles used as transportation vehicles, food trucks, and others is expected to drive the demand for automotive wrap films in the country over the forecast period. Automotive wrap films are of two types: cast vinyl films and calendered vinyl films. The raw materials used for manufacturing wrap films include PVC and other added ingredients such as plasticizers, pigments, and UV absorbers. PVC is generally a very rigid polymer and requires plasticizers to make it flexible for use. Plasticizers can be classified as monomeric and polymeric. Pigments and UV absorbers are used to improve films’ resistance and against UV radiation. Gather more insigh...

Barite Market In-depth Analysis by Types, Application and Manufacturers till 2028

  Barite Industry Overview The global barite market size was valued at USD 1.19 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2021 to 2028. An increase in global oil and gas production is anticipated to augment the market growth as barite is widely used as a weighting agent in drilling operations. The COVID-19 pandemic affected the product demand in 2020, which was reflected in the decline of the market growth. However, with vaccine roll-out and safety precautions being adhered to by oil and gas producers, the production is gaining pace and with the upcoming investments, the demand for barite is expected to flourish. The U.S. is amongst the leading consumers of barite. The country mainly utilizes the product as a weighting agent in fluids that are used in the drilling of oil and gas. It is also used as an extender and filler in plastic, rubber, and paints. The country consumed around 3 million tons of barite in 2019, of which th...

Epoxy Composite Market to Gain Substantial Growth During the Forecast Period 2022-2028

  Epoxy Composite Industry Overview The global epoxy composite market size was valued at USD 28.40 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.3% from 2021 to 2028. Rapid replacement of conventional materials in automotive and aerospace applications is expected to drive the market in the coming years. The global market was severely affected due to the COVID-19 pandemic in 2020. The lockdown strategies imposed by various governments across the globe, to curb the spread of the virus, halted the production activities for a brief period in 2020. This, in turn, dented the product demand in several industries, especially in the automotive and aerospace sectors. In addition, the lockdown strategies restricted transportation; thus, creating a global supply chain disruption. Gather more insights about the market drivers, restrains and growth of the   Global   Epoxy Composite market These trends also led to a shortfall in product supply, the...

Botanical Ingredients Market Dynamics, Growth Prospect and Consumption Analysis till 2028

  Botanical Ingredients Industry Overview The global botanical ingredients market size was valued at USD 144.38 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.9% from 2020 to 2028. The market is witnessing growth primarily due to the rising health-conscious consumer base coupled with clean label trends in the pharmaceutical, food, and beverage industries. Consumers are increasingly shifting to healthier alternatives while adopting preventive care as a necessary tool to help them lead a better lifestyle. Thus, botanical ingredients are being increasingly utilized in the manufacturing of food & beverages as they are a rich source of bioactive compounds and render a diverse range of biological effects. Gather more insights about the market drivers, restrains and growth of the   Global   Botanical Ingredients market The demand for botanical ingredients in the U.S. is highly influenced by the growing vegan population, rising focus on t...

What is the Size (Volume and Value) of Aerial Work Platform Market in 2028?

  Aerial Work Platform Industry Overview The global aerial work platform market size was valued at USD 15.64 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.3% from 2020 to 2028. Increasing government investments in constructing residential buildings, commercial complexes, public transport infrastructure, and others are expected to propel the demand for aerial work platform (AWP) over the forecast period. The demand for AWP witnessed a serious disruption owing to the unprecedented effect from the global pandemic in the majority of its end-use industries, such as construction and transportation & logistics. The aforementioned industries have witnessed several obstacles, such as contract cancellation, project delay, supply-chain disruption, closure of various construction sites due to imposed lockdown across the globe to break the transmission chain of the virus. Gather more insights about the market drivers, restrains and growth of the ...

Flooring Adhesive Market Expected to Show a Significant Growth During the Forecast Period 2022 – 2028

  Flooring Adhesive Industry Overview The global flooring adhesive market size was valued at USD 4.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2028. Growing investments in the construction industry, especially in residential and commercial sectors, are projected to boost market growth over the forecast period. The shifting trend toward the renovation of existing buildings owing to increasing disposable income and inclination for aesthetic appearance is propelling the product demand. In addition, government initiatives towards economic recovery are further benefitting the growth of the construction industry and positively influencing flooring adhesives demand. Gather more insights about the market drivers, restrains and growth of the   Global   Flooring Adhesive market The U.S. is a lucrative market for flooring adhesive and is anticipated to observe high growth in wooden flooring over the coming years. Ease of m...

Natural Oil Polyols Market Geographic Segmentation, Analysis by Types and Regions to 2028

  Natural Oil Polyols Industry Overview The global natural oil polyols market size was valued at USD 6.80 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.6% from 2021 to 2028. The market growth is attributed to the increasing demand for lightweight and highly durable products in industries including automotive, construction, and electronics, especially in emerging economies such as China, India, and Indonesia. The growth of the market is likely to be propelled by the increasing consumption of bio-based polyurethane foams in automotive, construction, electrical and electronics, and other sectors. Regular efforts to reduce vehicle weight to enhance fuel efficiency and reduce carbon emissions have propelled the automotive OEMs to embrace the use of polyurethane foams obtained from natural oils polyol in different automotive components, such as seat covers and interiors. Gather more insights about the market drivers, restrains and growth...

What are the growth opportunities and trend analysis of Aroma Chemicals Market?

  Aroma Chemicals Industry Overview The global aroma chemicals market size was valued at USD 5.2 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.5% from 2021 to 2028. The demand for the product is anticipated to be driven by increased consumption of flavors and fragrance products in the food and beverages, soaps and detergents, and cosmetics and toiletries industries. Technological innovation in the market for extraction of aroma chemicals, and a surge in R&D activities among key industry participants have contributed to the growing varieties of customized aroma chemicals for targeted applications. Manufacturers are also focusing on backward integration to maintain uninterrupted raw material supply and reduce the operational cost of the final product. These factors have substantially contributed to the product’s demand. Gather more insights about the market drivers, restrains and growth of the   Global   Aroma Chemicals market Th...

Americas Structural Insulated Panel Market Growth, Demand and Analysis of Key Players- Research Forecasts to 2028

  Americas Structural Insulated Panel Industry Overview The Americas structural insulated panel market size to be valued at USD 4.27 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 7.7% during the forecast period. Increasing adoption of green building standards and growing investments in the renovation of various residential and industrial building structures are anticipated to drive the market. The American construction market, following its recovery, is expected to witness steady growth over the coming years. Favorable regulations for the adoption of building insulation materials for lowering the overall energy consumption coupled with heavy investments in the establishment of cold chain infrastructure are some of the key factors driving the market growth. The U.S. construction industry is experiencing rapid growth on account of a rising number of residential and non-residential renovations and new construction activities. Ga...

Which Key Players hold a major share of global Energy Harvesting System Market?

  Energy Harvesting System Industry Overview The global energy harvesting system market size was valued at USD 452.2 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 10.2% from 2020 to 2028. The growing applications of the Internet of Things (IoT) including smart cities, smart homes, Industrial IoT (IIoT), and Machine-to-Machine (M2M) communications, among various others are further expected to drive the market. Factors, such as growing environmental awareness, supportive government policies, and Greenhouse Gas (GHG) emission reduction targets, and rising demand for energy are expected to drive the market over the forecast period. Increasing R&D initiatives for the development of new technologies are also expected to augment the market growth. Gather more insights about the market drivers, restrains and growth of the   Global   Energy Harvesting System market The U.S. accounted for the largest share of th...

Engineered Stone Market Size, Share and Growth Forecast by Regions 2022-2028

  Engineered Stone Industry Overview The global engineered stone market size was estimated at USD 20.28 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2021 to 2028. Increasing demand for aesthetically pleasing, durable substitutes to natural stone and growing utilization of green construction materials is expected to propel the market growth. The ongoing COVID-19 pandemic has significantly impacted the global supply chains as major economies across the globe delayed the construction projects. Due to this, demand for engineered stone products has been reduced in residential and non-residential sectors. However, with the ease of lockdown and global trade restrictions, the situation is expected to recover in 2022, which will restore the growth trajectory of the market. Gather more insights about the market drivers, restrains and growth of the   Global   Engineered Stone market In 2020, blocks & slabs emerged as the largest pr...

Law Enforcement Personal Protective Equipment Market Size to Hit USD 5.24 Billion by 2028 | Share and Forecast Report

  Law Enforcement Personal Protective Equipment Industry Overview The global law enforcement personal protective equipment market size was valued at USD 3.28 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.3% from 2019 to 2028. Safety of law enforcement officers while performing their duty to ensure safety and security and to detect, prevent, and prosecute violations expected to drive the demand for personal protective equipment over the forecast period. Police officers deployed on the ground level during the pandemic are exposed to the coronavirus, particularly when in direct contact with the public. Since the COVID-19 pandemic, the police force has played a critical role in assisting attempts to contain the disease and build safer communities. This has increased the demand for respiratory, hand, and eye protection used by officers. Gather more insights about the market drivers, restrains and growth of the   Global   Law E...

Ferroalloys Market Dynamics, Growth Prospect and Consumption Analysis till 2028

  Ferroalloys Industry Overview The global ferroalloys market size was valued at USD 42.7 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.1% from 2021 to 2028. Incessant production of steel around the world is projected to benefit market growth. Ferroalloys are a group of materials consisting of iron and different alloying elements which are normally used for the production of steel. Ferroalloys are used in steelmaking to improve the specific properties of steel products. The properties such as fatigue strength, tensile strength, corrosion resistance, and ductility are improved through the addition of ferroalloys. Gather more insights about the market drivers, restrains and growth of the   Global   Ferroalloys market The U.S. market for ferroalloys is supported by the expansion of the steel sector in the country. For instance, in September 2021, United States Steel Corporation has announced an investment of USD 3.0 billion for the co...

Ceramic and Natural Stone Tiles Market Product Overview, Share by Types and Region till 2028

  Ceramic and Natural Stone Tiles Industry Overview The global ceramic and natural stone tiles market size was valued at USD 362.7 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2021 to 2028. The rise in the renovation activities of the existing buildings and rapid expansion of the construction sector coupled with the rising demand for construction materials with high durability and quality are anticipated to propel the market growth. The products are available in various colors, textures, and sizes, which has led to increased demand, thereby supporting market growth. In addition, strong economic and industrial development, population expansion, and increase in investments in the residential and commercial sectors are likely to drive the market over the forecast period. Gather more insights about the market drivers, restrains and growth of the   Global   Ceramic and Natural Stone Tiles market The market in the U.S. is expected...