The global beverage industry is comprised of many drinks including carbonated soft drinks, dilutable, juice, sports & energy drinks, still drinks, bottled water, and alcoholic beverage to name a few. To offer these drinks to the final consumer a range of packaging products are used such as PET bottle, metal can, board carton, board bag in box, glass bottle, and polycarbonate bubble top. PET...

The demand for Biodegradable Films is witnessing an uptick on account of increased environmental concerns and use of sustainability. The Biodegradable Films market is expected to grow with a significant CAGR in the coming years. The excessive use and disposal of plastic packaging materials have drawn increasing concerns from the society because of the detrimental effect on environment and...

The global copper wire and cable market is likely to showcase a growth of around 6% during the forecast period. Globally, 25,300 metric tons of refinery copper produced in 2020 which is further increased to around 26,000 in 2021, according to the United States Geological Survey (USGS). A large amount of copper and copper alloy is used due to its electrical conductivity. For instance, according...

The Nitrile Gloves Market is expected to witness a CAGR of around 11% during the forecast period. Nitrile gloves are synthetic rubber gloves that are also known as Nitrile Butadiene Rubber (NBR). These gloves are mainly used by professionals in both medical and non-medical sectors to prevent healthcare complications caused by hazardous chemicals and infections. Additionally, these gloves are...

Global plastic production reached 460 million tons (Mt) in 2019, which has doubled from 234 Mt in 2000, showcasing a rapid increase in demand owing to population growth and higher incomes coupled with their lightweight, inexpensive, readily processable, and durable properties. In addition, during the same period, plastic waste generation has increased by 197 Mt surpassing the growth of plastic...

The growth of the abrasives market is mainly due to a rise in demand from important application domains along with the advancements in raw material processing technologies. The growth of abrasives market can be attributed to the recovery of the automobile industry, after the covid-19 Lockdown. Abrasives are materials that are repeatedly scraped against softer substances in order to polish them...

The global engineered plastics market is likely to showcase a growth of around 6% during the forecast period. Major factors driving the market of engineered plastics include a large base of end-use industry; the robust growth in packaging demand and recovering automobile industry. Also, the growing automotive industry with the focus on reducing vehicle weight, autonomous and e-mobility; growing...

Maritime transport is one of the major pillars of international trade and the global economy, as nearly 80% of global trade by volume and more than 70% of global trade by value are carried by sea and are handled by ports across the globe. The huge volume of merchandise trade is carried out via sea as it is cheaper than rail and road transport. To tackle the growing seaborne trade, a large...

The growth of the construction elastomers market is mainly due to a rise in demand from important application domains along with the advancements in processing technologies. Moreover, elastomers possess great physical properties like high durability, impact resistance, low weight, elasticity, softness, strength, superior optics, enhanced thermal resistance & stability, adhesive properties,...

Over the years mechanization of industries played a pivoted role in building up the market of lubricants as they improve the equipment life and aids in maintaining efficiency for a longer time due to their properties which helps in reducing the friction, heat, and wear between the mechanical components that are in contact with each other. The construction industry is one of the prominent...