Posts

Gardening Equipment Market To Witness A Significant Growth Of USD 138.89 Billion By 2030

Image
  San Francisco, 24 Jan 2024:  The Report  Gardening Equipment Market  Size, Share & Trends Analysis Report By Product (Lawn Mowers, Handheld Power Tools, Hand Tools & Wheeled Implements, Water Equipment), By Sales Channel, By End-use, By Region And Segment Forecasts, 2023 - 2030 The global gardening equipment market size is projected to reach USD 138.89 billion by 2030, registering a CAGR of 6.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. Factors such as an increase in the middle-class population, an increase in disposable income, and technical advancements in the gardening equipment sector are driving the market growth. The main constraints restricting market growth, however, are seasonal change. Additionally, product advancements like lightweight equipment and the rise in popularity of smartphone gardening apps can prompt target consumers to purchase these products. During the forecast period, the surge in digitalization is anticipated to incre

Investment Casting Market Is Expected To Reach USD 24.52 Billion By 2030

Image
  San Francisco, 24 Jan 2024:  The Report  Investment Casting Market  Size, Share & Trends Analysis Report By Application (Aerospace & Defense, Oil & Gas, Mechanical Engineering, Automotive), By Region, And Segment Forecasts, 2023 - 2030 The global investment casting market size is expected to reach USD 24.52 billion by 2030, registering a CAGR of 5.0% over the forecast period, according to a new report by Grand View Research, Inc. The use of new computer simulation techniques and robotics is projected to boost production rates and contribute to market growth. The investment casting process is labor-intensive on account of the precision required in the final product, which increases the cost of direct wages to the workers. However, to overcome this, technological advancements have been made by prominent players in the industry with the introduction of electronically operated robotic arms that perform the majority of casting operations. These arms apply various types of cera

Carbon Black Market Is Likely To Up Demand At A USD 31.04 Billion By 2030

Image
  San Francisco, 23 Jan 2024:  The Report  Carbon Black Market  Size, Share & Trends Analysis Report By Type, By Application (Tire, Non- Tire Rubber, Plastics, Inks & Coatings, Other), By Grade, By Region, And Segment Forecasts, 2024 - 2030 The global carbon black market size is expected to reach USD 31.04 billion by 2030, registering a CAGR of 4.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing tire production on accounted of growing transportation industry is driving the product demand. Carbon black is a highly regulated industry as the manufacturing process is considered harmful owing to the toxic emissions, which have adverse effects on the environment and health. In February 2003, it was added to the California Office of Environmental Health Hazard Assessment (OEHHA) list of substances known to the State that cause cancer. Major companies in the market are focusing on R&D activities to develop new manufacturing techniques to reduce

Stainless Steel Market Is Likely To Up Demand At A USD 197.29 Billion By 2030

Image
  San Francisco, 22 Jan 2024:  The Report  Stainless Steel Market  Size, Share & Trends Analysis Report By Grade (300 Series, Duplex Series), By Product (Flat, Long), By Application (Building & Construction, Consumer Goods), By Region, And Segment Forecasts, 2024 - 2030 The global stainless steel market size is expected to reach USD 197.29 billion by 2030, registering a CAGR of 6.7% from 2024 to 2030, 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 steel is the best suitable

Disposable Gloves Market Size Is Anticipated To Reach USD 16.77 Billion By 2030

Image
  San Francisco, 22 Jan 2024:  The Report  Disposable Gloves Market  Size, Share & Trends Analysis Report By Material (Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene), By Product (Powdered, Powder- free), By End Use, By Region, And Segment Forecasts, 2024 - 2030 The global disposable gloves market size is anticipated to reach USD 16.77 billion by 2030, It is expected to expand at a CAGR of 8.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow significantly over the coming years on account of several factors including favorable occupational safety regulations, increasing importance of safety and security at workplaces, rising healthcare expenditure, and the outbreak of the COVID-19 pandemic. The heightened awareness regarding the importance of hand protection in healthcare settings, food handling, and diverse industrial applications has significantly contributed to the expansion of the market. Furthermore, strict reg

Lignin Market Estimated At USD 1.47 Billion By 2030

Image
  San Francisco, 22 Jan 2024:  The Report  Lignin Market  Size, Share & Trend Analysis Report By Product (Lingosulfonates, Kraft Lignin, Organosolv Lignin, Others), By Application, By Region, And Segment Forecasts, 2024 - 2030 The global lignin market size is expected to reach USD 1.47 billion by 2030, registering a CAGR of 4.5% from 2024 to 2030, 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 by 60% over the last four dec

Pneumatic Conveying Systems Market To Witness A Significant Growth Of USD 48.37 Billion By 2030

Image
  San Francisco, 19 Jan 2024:  The Report  Pneumatic Conveying System Market  Size, Share & Trends Analysis Report By Operating Principle Type (Dilute Phase, Dense Phase), By Technology, By End Use, By Region, And Segment Forecasts, 2024 - 2030 The global pneumatic conveying systems market size is expected to reach USD 48.36 billion by 2030, registering a CAGR of 5.8% from 2023 to 2030, according to a new study by Grand View Research Inc. The increasing automation in the manufacturing sector has significantly transformed the pneumatic conveying system market during the past few years. Demand for robust and novel technologies in the pneumatic conveying system market has witnessed an upsurge, to cope with the rapidly developing manufacturing techniques such as robotics. Furthermore, due to the increased customized and advanced handling demands, the pneumatic conveying system market is expected to witness robust growth during the forecast period. Conveying systems form an important pa