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Showing posts from October, 2023

Thermal Paper Market Is Estimated To Exhibit At USD 5.56 Billion By 2030

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  San Francisco, 31 Oct 2023:  The Report  Thermal Paper Market  Size, Share & Trends Analysis Report By Application (POS, Tags & Label, Lottery & Gaming), By Region (Asia Pacific, North America, Middle East & Africa, Europe), And Segment Forecasts, 2023 - 2030 The global thermal paper market size is expected to reach USD 5.56 billion by 2030, registering a CAGR of 4.2% over the forecast years, as per a new report by Grand View Research Inc. This growth is attributed to the rising usage of POS terminals for monetary transactions in applications such as warehouses, supermarkets, and retail outlets. Thermal papers are majorly used in printing receipts at POS terminals and in the production of tags used by industries such as pharmaceuticals and food and beverages to package and label their end-use products. Thermal papers are preferred over other modes of printing due to the lower cost of production, and maintenance of the printi...

Thermoformed Plastic Market To Witness A Significant Growth Of USD 20.66 Billion By 2030

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  San Francisco, 31 Oct 2023:  The Report   Thermoformed Plastic Market  Size, Share & Trends Analysis Report By Product, By Process, By Application (Healthcare & Medical, Food Packaging, Automotive, Construction), By Region, And Segment Forecasts, 2023 - 2030 The global thermoformed plastic market size is expected to reach USD 20.66 billion by 2030, registering a CAGR of 4.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Globally, the increasing demand for medical and pharmaceutical products has been an important factor behind the market growth. Also, technological innovations in the manufacturing processes of these plastics are anticipated to advance the market. The increasing demand for these plastics in various application areas including food packaging, healthcare and medical, electrical and electronics, automotive, construction, and consumer goods & home appliances is expected to propel the market in the coming ...

North America Food Service Disposable Market Is Likely To Up Demand At A USD 31.36 Billion By 2028

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  San Francisco, 31 Oct 2023:  The Report   North America Food Service Disposable Market  Size, Share & Trends Analysis Report By Material (Plastic, Fiber-based), By Packaging Type, By Application, By Distribution Channel, By Country, And Segment Forecasts, 2020 - 2028 The North America food service disposable market size is expected to reach USD 31.36 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.9% from 2020 to 2028. The strong penetration of quick service restaurants (QSRs), coupled with the rising popularity of online food delivery services, is primarily driving the North American market. The convenience of ordering food from restaurants with a single tap on mobile phones has been primarily contributing to the growth of online food delivery services across North American countries. Besides, hefty discounts offered by the delivery platforms, along with multiple payment options, have al...

Indonesia Bamboos Market To Witness A Significant Growth Of USD 2.8 Billion By 2028

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  San Francisco, 30 Oct 2023:  The Report  Indonesia Bamboos Market  Size, Share & Trends Analysis Report By Product, By Application (Construction, Furniture, Textile, Food, Energy, Pulp & Paper), And Segment Forecasts, 2021 - 2028 The Indonesia bamboos market size is expected to reach USD 2.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. The increasing adoption of bamboo in the construction industry due to its high compressive strength, less weight, and ability to lower carbon emissions is anticipated to drive the growth in its demand, over the forecast period. The adoption of bamboo in the Indonesian textile industry is expected to rise, owing to increased emphasis by textile manufacturers towards the usage of natural fibers, due to increased preferences by consumers for natural products. Bamboo is one of the most accepted sustainable fibers t...

Europe Carbon Capture Utilization Market Size Poised To Reach USD 3.9 Billion By 2028

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  San Francisco, 30 Oct 2023:  The Report  Europe Carbon Capture Utilization Market  Size, Share & Trends Analysis Report By Application (Enhanced Oil Recovery, Industrial, And Agriculture), By Country (Germany, France, Netherland, Poland, Austria), And Segment Forecasts, 2020 - 2028 The Europe carbon capture utilization market size is expected to reach USD 3,985.4 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.4% from 2020 to 2028. Increasing applications of CCU in the enhanced oil recovery (EOR) in the oil and gas segment are expected to contribute to the growth of the market. Further, the food and beverages, chemicals, cement, and other industries are anticipated to be the major application segments that are expected to contribute to the growth of the market over the forecast period. Industrial emerged as the largest market share in 2020 in terms of value for applicat...

Sodium Nitrite Market Is Estimated To Exhibit At USD 580.8 Million By 2030

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  San Francisco, 27 Oct 2023:  The Report  Sodium Nitrite Market  Size, Share & Trends Analysis Report By Application (Food & Beverages, Pharmaceuticals, Others), By Region, And Segment Forecasts, 2023 - 2030 The global sodium nitrite market size is expected to reach USD 580.8 million by 2030, as per a new report by Grand View Research, Inc. registering a CAGR of 4.2% from 2023 to 2030. The demand is attributed to the increasing demand for preservatives in the food & beverage industry. Preservatives help increase food items' shelf-life by delaying the spread of pathogens and microorganisms. Thus, sodium nitrite is highly used to enhance the flavor of meat and maintain its original color (making it look more appealing and presentable to consumers), while preventing bacterial growth. In the pharmaceutical sector, sodium nitrite is a well-known chemical molecule. Its most common application is as an antidote for cyanide poisoning, as it is quite ef...

Metal Recycling Equipment Market Is Likely To Up Demand At A USD 10.21 Billion By 2030

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  San Francisco, 27 Oct 2023:  The Report  Metal Recycling Equipment Market  Size, Share & Trends Analysis Report By Equipment (Balers, Shredders, Granulators, Shears, Separators), By Region, And Segment Forecasts, 2022 - 2030 The global metal recycling equipment market size is anticipated to reach USD 10.21 billion by 2030 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.1% from 2022 to 2030. The increased need for recyclable metals from a wide range of end-use sectors, along with the increasing output of metallic trash globally, is expected to fuel demand for metal recycling equipment. Recycled metal is environmentally beneficial and can lower emissions, production costs, and energy consumption; it is becoming more in demand in the food and beverage, construction, electronics, and automotive end-use sectors. Over the course of the projection period, this is thus anticipated to increase demand for m...

Fuel Cells In Aerospace And Defense Market Projected To Reach USD 1,618.33 Million And $996.06 Million By 2028

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  San Francisco, 27 Oct 2023:  The Report  Fuel Cells In Aerospace And Defense Market  Size, Share & Trends Analysis Report By Product (PEMFC, SOFC), By Application In Aerospace, By Application In Defense, By Region, And Segment Forecasts, 2021 - 2028 The global fuel cells in aerospace market size is expected to reach USD 1,618.33 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 30.6% from 2021 to 2028. Growing awareness regarding alternative sources of energy is one of the major factors contributing to the growth of the market. The North American market for fuel cells in aerospace and defense is driven by significant support from the federal government of the countries. The U.K. is the leading country for fuel cells in aerospace and defense in the European region. Rising military spending in the APAC region has augmented the demand for military defense/UAVs and military vehicles. This...

Textile Market Anticipated To Reach USD 3,047.24 Billion By 2030

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  San Francisco, 26 Oct 2023:  The Report  Textile Market  Size, Share & Trends Analysis Report By Raw Material (Wool, Chemical, Silk), By Product (Natural Fibers, Polyester), By Application, By Region, And Segment Forecasts, 2023 - 2030 The global textile market size is anticipated to reach USD 3,047.24 billion by 2030, registering a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. The rising consumer awareness levels coupled with rapidly changing trends in the fashion industry are projected to drive market growth. The rise in the e-commerce platforms that support sales and distribution of different types of products manufactured by the textile industry is also expected to drive the demand for textile-related products, thereby augmenting the market growth. In addition, stringent regulations to ensure labor or worker safety in various application industries are propelling the demand for Personal Pro...

Concrete Sealers Market Is Likely To Up Demand At A USD 2.7 Billion By 2028

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  San Francisco, 26 Oct 2023:  The Report   Concrete Sealers Market  Size, Share & Trends Analysis Report By Product (Penetrating, Acrylic, Polyurethane), By Application (Residential, Non-residential), By Region, And Segment Forecasts, 2021 - 2028 The global concrete sealers market size is expected to reach USD 2.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.1% from 2021 to 2028. Rising investment in industrial infrastructure, growing need for modernization of aging infrastructure, and increase in the number of smart cities projects by governments is augmenting the growth of the market. The market is witnessing huge growth potential on account of high product demand in flooring applications as it offers superior properties along with enhanced aesthetics. Concrete sealers are anticipated to gain popularity owing to the growing construction projects in the residential, commercial,...

Advanced Ceramic Additives Market Is Likely To Up Demand At A USD 881.8 Million By 2030

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  San Francisco, 25 Oct 2023:  The Report  Advanced Ceramic Additives Market  Size, Share & Trends Analysis Report By Product (Dispersant, Binder), By Application (Automotive, Machinery, Medical), By Region, And Segment Forecasts, 2023 - 2030 The global advanced ceramic additives market size is expected to reach USD 881.8 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 5.5% from 2023 to 2030. The growth is attributable to the increasing utilization of advanced ceramics in producing components in various end-use industries including medical, automotive, and electronics. Additives are materials incorporated during the manufacturing process of advanced ceramics to enhance and modify their physical and mechanical properties depending on their end-use applications. Commonly known additives are dispersants, binders, plasticizers, foaming and defoaming agents, and lubricants. Ba...