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Showing posts from June, 2023

Aging In Bathroom Products Market To Expand Industry Growth At USD 8.31 Billion By 2030

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  San Francisco, 30 June 2023:  The Report   Aging In Bathroom Products Market  Size, Share & Trends Analysis Report By Product (Bath Aids, Bath Lifts, Grab Handles & Bars), By Application, By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2023 - 2030 The global aging in bathroom products market size is expected to reach USD 8.31 billion by 2030, expanding at 6.4% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The ideal aging in bathroom products is essential for ensuring older users’ ease of use, convenience, and maximum safety. Although these products may take some time and money to install; they are often worth the expense. However, several of the most recent bathroom design trends, such as more natural lighting, spacious bathroom seat raisers, commode, and bath handles, are recommendations for making bathrooms safer, more economically sound, and simpler to use. The Americans with Disabil...

Coated Fabrics Market To Witness A Significant Growth Of USD 33.57 Billion By 2030

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  San Francisco, 30 June 2023:  The Report   Coated Fabrics Market  Size, Share & Trends Analysis Report By Product (Polymer Coated Fabrics, Rubber Coated Fabrics), By Application (Transportation, Protective Clothing, Industrial), By Region, And Segment Forecasts, 2023 - 2030 The global coated fabrics market size is expected to reach USD 33.57 billion by 2030, expanding at 6.2% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The increase in safety measures in the transportation application is likely to positively influence the growth of coated fabrics during the forecast period. Additionally, the strict regulatory requirements for worker safety driving the protective clothing segment are also expected to act as a key determinant that will favor the growth of the market. Polymer-coated fabrics are expected to dominate the market owing to the surging demand for airbags in automobiles and increased demand for protective cloth...

Cross Laminated Timber Market Projected To Reach USD 3.56 Billion By 2030

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San Francisco, 30 June 2023:  The Report   Cross Laminated Timber Market  Size, Share & Trends Analysis Report By Product (Adhesive Bonded CLT, Mechanically Fastened CLT), By Application (Residential, Institutional), By Region, And Segment Forecasts, 2023 - 2030 The global cross laminated timber market size is expected to reach USD 3.56 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.9% from 2023 to 2030.  This growth can be attributed to the growing adoption of cross laminated timber, as solid wood construction of cross laminated timber has a high strength-to-weight ratio, making it superior for usage in structural flooring systems as it can withstand both, compressive and tensile stress and has an extremely high static load-carrying capability. Cross laminated timber market has been continuously witnessing expansion across the world. It is characterized by partnerships among majo...

Farm Tire Market Projected To Reach USD 11,801.4 Million By 2030

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  San Francisco, 29 June 2023:  The Report  Farm Tire Market  Size, Share & Trends Analysis Report By Product (Bias, Radial), By Application (Tractors, Harvesters), By Distribution (OEM, Aftermarket), By Region, And Segment Forecasts, 2023 - 2030 The global farm tire market size is expected to reach USD 11,801.4 million by 2030, registering a CAGR of 5.5% over the forecast period, according to a new report by Grand View Research, Inc. The growing demand for tractors and harvesters in farming activities in developed as well as developing economies is anticipated to benefit the growth of the market over the forecast period. The demand for farm tires in agricultural vehicles is expected to witness significant growth owing to the increasing penetration of vehicles in the agricultural sector. In addition, rising awareness among farmers related to the up-gradation in automotive technology and the use of automated equipment is expected to boost the market...

Powder Coating Market Size Is Anticipated To Reach USD 24.27 Billion By 2030

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  San Francisco, 29 June 2023:  The Report   Powder Coating Market  Size, Share & Trends Analysis Report By Resin (Epoxy, Polyester, Acrylic, Polyurethane), By Application (Consumer Goods, Automotive), By Region, And Segment Forecasts, 2023 - 2030 The global powder coating market size is expected to reach USD 24.27 billion by 2030, registering a CAGR of 7.5% from 2023 to 2030, according to a report by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period primarily owing to the superior properties of powder coatings over conventional paints including high resistance to corrosion and chipping & abrasion, durability, cost-effectiveness, excellent finishing, and reduced processing time. Growing purchasing power, high living standard, and rapid urbanization are expected to drive the consumer goods sector, thereby driving product demand for use in applications, such as refrigerators, washer tops and l...

Stainless Steel Market Size To Hit USD 197.29 Billion By 2030

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  San Francisco, 29 June 2023:  The Report   Stainless Steel Market  Size, Share & Trends Analysis Report By Grade (200 Series, 300 Series, 400 Series, Duplex Series), By Product (Flat, Long), By Application, By Region, And Segment Forecasts, 2023 - 2030 The global stainless steel market size is expected to reach USD 197.29 billion by 2030, registering a CAGR of 7.4% during the forecast period, according to a new report by Grand View Research, Inc. Higher penetration of the product and its vital importance in numerous applications is expected to support the market growth, during the forecast period. Stainless steel has extensive utilization in the automotive sector because of its visual appeal and corrosion resistance properties. Corrosion resistance helps its use in catalytic converters and exhaust silencers. These parts face exhaust gas attacks from the inner side and road dirt, salt, and water from the external side. In such cases, stainless ste...

Carbon Steel Market Size Is Expected To Reach USD 1,301.53 Billion By 2030

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  San Francisco, 29 June 2023:  The Report   Carbon Steel Market  Size, Share & Trends Analysis Report, By Type (Low Carbon Steel, Medium Carbon Steel, High Carbon Steel), By Application (Shipbuilding, Automotive, Construction), By Region, And Segment Forecasts, 2023 - 2030 The global carbon steel market size is expected to reach USD 1,301.53 billion by 2030, expanding at a CAGR of 4.0%, according to a new report by Grand View Research, Inc. Increasing investment in the construction sector on account of factors such as rising housing needs, boosting tourism, and increasing commercial space is likely to augment the demand for carbon steel over the forecast period. For instance, in August 2022, Nakheel PJSC announced a master plan vision for the Dubai islands. The plan involves the construction of five islands of 17 square kilometers by 2040. These islands are expected to have 80 resorts & hotels, cultural hubs, boutiques, dedicated public parks, and ...

U.S. Group Level Disability Insurance Market Is Expected To Reach USD 49.31 Billion By 2030

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  San Francisco, 29 June 2023:  The Report   U.S. Group Level Disability Insurance Market  Size, Share & Trends Analysis Report By Coverage Type, By Insurance Type, By Distribution Channel, By End-use, And Segment Forecasts, 2023 - 2030 The U.S. group level disability insurance market size is expected to reach USD 49.31 billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market's growth can be attributed to the rising cost of healthcare in the U.S., which has led to an increased focus on protecting one's income in the event of a disability. Disability insurance can provide a safety net to help cover the costs of medical care and other expenses. The companies are increasingly turning to Artificial Intelligence (AI) and Machine Learning (ML) to improve efficiency, accuracy, and customer service. Predictive analytics, underwriting, claims processing, fraud detection, a...

U.S. Dietary Supplements Market To Witness A Significant Growth Of USD 78.94 Billion By 2030

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  San Francisco, 28 June 2023:  The Report  U.S. Dietary Supplements Market  Size, Share & Trends Analysis Report By Type (OTC, Prescribed), By Ingredient, By Form, By Application, By End-user, By Distribution Channel, And Segment Forecasts, 2023 - 2030 The U.S. dietary supplements market size is expected to reach USD 78.94 billion by 2030, registering a CAGR of 5.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The demand is anticipated to be driven by the several factors including the aging population, increasing awareness about preventive healthcare, and rising demand for the sports nutrition supplements. Furthermore, the trend towards self-directed care is also driving demand for the dietary supplements in the U.S. Consumers, those are becoming more proactive in managing their health and are turning to supplements as a way to enhancement their diets and maintain optimal health. As consumers take more responsibility for th...

Lignin Market Size To Hit USD 1.47 Billion By 2030

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  San Francisco, 28 June 2023:  The Report   Lignin Market  Size, Share & Trends Analysis Report By Product (Lingo-sulfonates, Kraft Lignin, Organosolv Lignin, Others), By Application, By Region, And Segment Forecasts, 2023 - 2030 The global lignin market size is expected to reach USD 1.47 billion by 2030, registering a CAGR of 4.9% according to a new report by Grand View Research, Inc. The product is widely utilized in the production of macromolecules used in the development of bitumen, biofuels, and bio-refinery catalysts. This factor is likely to support market growth. Growing demand for concrete admixtures and adhesives and binders coupled with increasing investments in infrastructure development is expected to fuel market growth. Lignin is a complex polymer of aromatic alcohols which is derived from wood and is an integral part of the secondary cell walls of trees in the form of timber and lumber. Global timber harvest has increased ...