Market Research Insights

  San Francisco, 23 Dec 2021:   The Report  Gas Turbine Market  Size, Share & Trends Analysis Report By Capacity (≤200 MW, >200 MW), By Technology (Open, Combined Cycle), By End-use (Power & Utility, Industrial), By Region, And Segment Forecasts, 2021 - 2028 The global gas turbine market size is projected to reach USD 35.02 billion by 2028, registering a CAGR of 6.8% over the forecast period, according to a new report by Grand View Research, Inc. Supportive policies majorly determine the increasing demand for gas turbines in developing markets, such as Combined Heat and Power (CHP) support scheme executed by Germany. The growing urbanization is triggering the development in the building & construction as well as cement sectors. The projected growth in end-user industries is estimated to trigger the growth of the overall market. Key Original Equipment Manufacturers (OEMs), including Siemens Energy and General Electric, are expanding their distribution, operations, and aft

  San Francisco, 23 Dec 2021:   The Report  Modular Chillers Market  Size, Share & Trends Analysis Report By Product (Water-cooled, Air-cooled), By End-use (Commercial, Residential, Industrial), By Region (Middle East & Africa, Asia Pacific), And Segment Forecasts, 2021 - 2028 The global modular chillers market size is expected to reach USD 4.02 billion by 2028 registering a CAGR of 6.7%, according to a new report by Grand View Research, Inc. The growing demand for energy-efficient buildings on account of the rising awareness regarding environmental degradation coupled with stringent government regulations is anticipated to fuel the product demand over the forecast period. Increasing construction spending in emerging countries, such as China, India, and Brazil, on account of strong economic and industrial development coupled with population expansion, is anticipated to drive the product demand over the forecast period. In addition, rising awareness about energy-efficient system

  San Francisco, 23 Dec 2021:   The Report  Aluminum Extrusion Market  Size, Share & Trends Analysis Report By Product (Pipes & Tubes, Shapes), By Application (Electrical & Energy, Building & Construction), By Region (MEA, APAC), And Segment Forecasts, 2021 - 2028 The global aluminum extrusion market size is expected to reach USD 104.15 billion by 2028, expanding at a CAGR of 7.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing investments in infrastructure and residential construction is projected to drive the market growth over the forecast period. Emerging economies of Asia Pacific, Central & South America, and Middle East & Africa are witnessing increasing investments in the residential and infrastructure sector owing to the rapid urbanization, rising per capita income levels, and growing population. For instance, in the economic budget of FY 2020-21, the Indian government announced around USD 1.41 trillion funding

  San Francisco, 22 Dec 2021:   The Report  Synthetic Leather Market  Size, Share & Trends Analysis Report By Product (Bio-based, PVC, PU), By Application (Automotive, Footwear), By Region (APAC, Central & South America), And Segment Forecasts, 2021 - 2028 The global synthetic leather market size is anticipated to reach USD 57.0 billion by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 7.8% from 2021 to 2028. Increasing product application scope in footwear has been a major factor driving the market growth. In addition, growing importance and awareness about animal rights and stringent laws regarding the usage of real leather are propelling the demand for its synthetic counterpart. Synthetic leather materials offer superior properties, such as high gloss finish, durability, strength, and UV resistance, and easy maintenance. Moreover, products made from faux leather are cheaper and thus, continue to attract consumers, especially from middle- a

  San Francisco, 22 Dec 2021:   The Report  Textile Market  Size, Share & Trends Analysis Report By Raw Material (Wool, Chemical, Silk), By Product (Natural Fibers, Polyester), By Application (Household, Technical), By Region, And Segment Forecasts, 2021 - 2028 The global textile market size is anticipated to reach USD 1412.5 billion by 2028, according to a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 4.4% from 2021 to 2028. Rising consumer awareness coupled with fast pace changing trends in the fashion industry is projected to drive the market. The rise in the e-commerce platforms that support sales and distribution of different types of products manufactured by the industry is expected to drive the demand. In addition, stringent government regulations to ensure labor safety is compelling the demand for personal protective clothing that requires wool or treated cotton as raw material, which is fueling the market growth. Increasing demand for

  San Francisco, 22 Dec 2021:   The Report  Filters Market  Size, Share & Trends Analysis Report By Product (ICE Filters, Air Filters, Fluid Filters), By Application (Motor Vehicles, Consumer Goods), By Region, And Segment Forecasts, 2021 - 2028 The global filters market size is expected to reach USD 101.88 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.7% from 2021 to 2028. The growing demand for filters from the automobile industry to reduce the emission levels owing to the regulations by several agencies, such as the U.S Environment Protection Agency (EPA) and Department of Energy (DOE), is expected to drive the market over the forecast period. The market is expected to witness significant growth over the forecast period owing to the rise in product demand from the water and wastewater treatment industry. The governments across various developing countries are emphasizing the development of water treatment infrastr

  San Francisco, 22 Dec 2021:   The Report  Lactic Acid Market  Size, Share & Trends Analysis Report By Raw Material (Sugarcane, Corn, Cassava), By Application (PLA, Food & Beverages), By Region, And Segment Forecasts, 2021 - 2028 The global lactic acid market size is expected to reach USD 5.02 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2021 to 2028. The market growth can be attributed to the increasing demand for lactic acid in various end-use industries, including industrial, food and beverages, and pharmaceuticals, especially in emerging economies such as India, China, and Indonesia. Additionally, demand for this product as a feedstock in the production of polylactic acid (PLA) is anticipated to drive the market globally. Various raw materials used for the production of lactic acid include carbohydrates such as corn, sugarcane, sugar beet, and tapioca. A large share of this product produced globally