The bioplastics industry is a rapidly growing sector within the broader plastics industry. Bioplastics are a type of plastic made from renewable resources, such as plant-based materials, and are designed to be more environmentally friendly than traditional petroleum-based plastics. Here are some key aspects of the bioplastics industry: The flexible packaging segment held the largest …
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Polylactic Acid Market Overview, Size, Share, Growth, Business Opportunities and Industry Analysis 2022-2030
The packaging segment held the major share in 2020, accounting for nearly 90% of the global polylactic acid market. Increase in demand for packaged foods, snacks, ready-to-eat (RTE) meals, and other items fuels the growth of the segment. The bio-medical segment, on the other hand, would register the fastest CAGR of 20.2% from 2021 to …
Metal Packaging Market Statistics and Industry Analysis Detailed in Latest Research Study and Analysis Report
The food segment accounted for the largest share in 2020, contributing to more than two-fifths of the global metal packaging market, and is projected to maintain its lead position during the forecast period. Metal packaging ensures extended shelf life period for perishable food products. This trend has increased the dependency of packaged food products among …
Spoolable Pipes Market Things to Know About Worldwide Industrial Growth Analysis with Key Players
The spoolable pipes industry refers to the production and use of a type of flexible, lightweight, and corrosion-resistant piping system that is typically used in industries such as oil and gas, water distribution, and chemical processing. Spoolable pipes are made from composite materials, such as fiberglass, carbon fiber, and thermoplastics, and they come in a …
Abrasives Market To Be Driven By Increasing Demand From End Use Industries In Forecast Period Of 2023-2032
According to the report, the abrasives market valued for $42.6 billion in 2022 and is estimated to reach $67.0 billion by 2032, exhibiting a CAGR of 4.7% from 2023 to 2032. The global abrasives market is driven by an increase in demand from building and construction sector, proliferation of construction and infrastructure projects, infrastructure development …
Neem Extract Market Growth Set to Surge Significantly During Forecast Period
The neem extract industry is a sector of the global economy that focuses on the production and commercialization of extracts derived from the neem tree (Azadirachta indica). Neem is a versatile tree native to the Indian subcontinent and is known for its various medicinal, agricultural, and industrial applications. Increased R&D and study in the field …
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Biofuel Additives Market: An Ultimate Guide to How to Grow Your business and Benefit from New Opportunities
The biofuel additives industry plays a crucial role in enhancing the performance and sustainability of biofuels. Biofuels are alternative fuels made from renewable sources such as corn, soybeans, sugarcane, and algae, and they are seen as a more environmentally friendly alternative to traditional fossil fuels. However, like any fuel, biofuels can benefit from the addition …
Polyamide Market Analysis By Major Manufacturers and Competitive landscape 2021-2028
The polyamide fibers & films segment held the highest market share in 2020, accounting for more than half of the global polyamide market, and is estimated to maintain its leadership status throughout the forecast period. This is attributed to its wide usage in carpet manufacture. Moreover, the engineering plastics segment is projected to manifest the …
Wet Glue Labels Market 2023, Expectations & Growth, Trends Highlighted Until 2031
According to the report published by Allied Market Research, the global wet glue labels market generated $8.4 billion in 2021, and is estimated to reach $16.1 billion by 2031, witnessing a CAGR of 6.8% from 2022 to 2031. The “Wet Glue Labels Market by Material type (Paper, Plastic Resin), by End-Use Industry (Personal Care, Food …
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Vinyl Cyclohexane Market Insight [2023] | Market Cap Expected to Reach New Record , 2031
According to the report published by Allied Market Research, the global vinyl cyclohexane market was estimated at $57.4 million in 2021 and is expected to hit $94.8 million by 2031, registering a CAGR of 5.3% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & …