Global recycled plastics sector data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.
The economic value generated by the recycled plastics industry was estimated at approximately USD 47.61 Billion in 2022. This economic output is an amalgamation of businesses involved in the raw material suppliers, manufacturers of recycled plastic-based packaging products, distribution & supply, and application of recycled plastics. Recycled Polyethylene Terephthalate Market Growth & Trends The global recycled polyethylene terephthalate market size is expected to reach USD 18.46 billion by 2030, expanding at a 9.2% CAGR from 2023 to 2030, according to a new study by Grand View Research, Inc. Polyethylene includes high-density polyethylene (HDPE) and low-density polyethylene (LDPE). Polyethylene dominated the recycled plastics market in 2022 and is estimated to maintain its dominance over the forecast period. This can be attributed to the rising consumption of polyethylene for producing reusable bags, agriculture films, toys, milk bottles, housewares, containers, shampoo bottles, trays, food packaging films, and toys. Furthermore, properties such as excellent solvent resistance, high tensile strength, flexibility, toughness, and relative transparency drive the demand for polyethylene in the recycled plastics market. Recycled HDPE is mainly used to manufacture milk cartons, cutting boards, garbage bins, pens, plastics, fencing, tables, lumber, and bottles. Recycled HDPE offers stiffness with a highly crystalline structure and high density. LDPE waste is mainly generated from household products such as grocery bags, squeezable bottles, plastic wraps, and frozen food containers. Recycled LDPE produces bubble wraps, furniture, garbage cans, and floorings. Recycled Polyethylene Market Growth & Trends Various types of clothing, such as t-shirts and jackets, use fiber from recycled PET. It is also used in manufacturing automobile seat covers, sofa & chair seat covers, and carpets. The low production cost of clothing and favorable government regulations are the factors expected to drive the demand for recycled PET. Increasing investments in sports activities globally are augmenting the growth of the sports clothing & accessories market, which, in turn, are expected to drive the demand for recycled PET fibers. Jerseys for sports teams are the most common products manufactured using recycled PET fiber. The market for jerseys has grown substantially in Asia Pacific over the past ten years due to increased sports activities in the region, especially in China and India. The recycled PET market is the largest in the Asia Pacific because of a strong manufacturing industry wherein rPET is widely used across several applications. A broad customer base, government initiatives, and cheap production costs are expected to grow the rPET market. Asia Pacific will continue to be the largest market for rPET owing to a strong network of manufacturing facilities located in economically viable countries in the region. The high import of post-consumer PET bottles and primary production sites due to relaxed regulations is expected to drive market growth. Recycled Polypropylene Market Growth & Trends Polypropylene offers excellent chemical and mechanical properties, which make it suitable for use in various industries such as automotive, packaging & labeling, and medical devices. Recycled polypropylene is also used to manufacture battery cases, signal lights, battery cables, brooms and brushes, ice scrapers, kitchen utensils, plastic lumber, outdoor rugs, and oil funnels. Polypropylene is one of the most formulated plastics across the globe. Properties of polypropylene, such as low moisture & vapor transmission, excellent optical clarity in biaxially oriented films & stretch blow molded containers, and chemical and electrical resistance, are further propelling its demand in the recycled plastics market. Moreover, it manufactures garden rakes, storage bins, shipping pallets, and trays. Order your copy of Free Sample of “Recycled Plastics Industry Data Book - Recycled Polyethylene, Recycled Polyethylene Terephthalate (rPET), Recycled Polypropylene, Recycled Polyvinyl Chloride (PVC) and Recycled Polystyrene Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Recycled Polyvinyl Chloride (PVC) Market Analysis And Forecast Sorting and separation are significant challenges in the polyvinyl chloride recycling process. Different formulations composed of various additives are used to produce PVC plastic products, and separating different types of plastics, fillers, and stabilized flame retardants takes work. Furthermore, contamination of other waste streams, such as polyethylene terephthalate, polystyrene, and polyethylene with polyvinyl chloride, carries a significant risk of releasing hydrochloric acid (HCI) at elevated temperatures. These issues associated with PVC recycling affect its demand in the recycled plastics market. Polyvinyl chloride is found in rigid bottles, clamshells, flexible medical & bedding bags, shrink wrap, wire/cable insulation-coated fabrics, and flooring. Recycled polyvinyl chloride is used to manufacture windows, pipes, floor tiles & mats, gutters, electrical boxes, traffic cones, garden hoses, fencing, films & sheets, cassette trays, electrical boxes, mobile home skirting, and binders, among others. Key players operating in the Recycled Plastics Industry are – • Biffa • Placon • Clear Path Recycling LLC • Verdeco Recycling, Inc. • Indorama Ventures Public Ltd. • Zhejiang Anshun Pettechs Fibre Co., Ltd. • PolyQuest • Evergreen Plastics, Inc. • Phoenix Technologies • Libolon
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Global water treatment systems industry database is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.
The economic value generated by the water treatment systems industry was estimated at approximately USD 35,035.9 million in 2022. Point Of Use Water Treatment Systems Market Growth & Trends The global point of use water treatment systems market size was valued at USD 26,059.9 million in 2022, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.4% from 2023 to 2030. Point-of-use water treatment systems are cost-effective solutions for treating water for drinking purposes and other water usage. The market for point-of-use water treatment systems is driven by their rising popularity owing to their features, benefits, and performance pertaining to the removal of odor, chemicals, sediment, and dirt. The technologies used widely include water purification and water filtration systems. The rising popularity and increasing awareness of reverse osmosis water purification systems and water disinfection systems are likely to drive the growth of water treatment systems over the forecast period. A point-of-use filtration system is put under a kitchen sink or is directly connected to a tap or faucet and is designed to be used at a particular spot in the house. The water is filtered once more after it has already been cleaned by the water supply department. These are essential devices that raise the water's quality so that it can be consumed both in household and business settings. Point Of Entry Water Treatment Systems Market Growth & Trends The global point of entry water treatment systems market was valued USD 8,976.0 million in 2022, according to a new report by Grand View Research, Inc. It is expected to grow at a CAGR of 5.2% from 2023 to 2030. Point-of-entry water treatment systems are installed at home, schools, colleges, hotels, and other commercial & industrial facilities where the water enters the premises. POE systems use a single technology or a combination of technologies to handle problems with the incoming water. Point-of-entry systems are substantially larger than point-of-use systems because they handle significantly higher flow rates and volumes. The installation of POE systems can help remove the lead nitrate or other lead-based compounds from water which may have entered from the pipe systems and plumbing fixtures and can be extremely harmful. Growing industrialization, the commercial sector, and rising residential complexes across the world are likely to create increasing demand for point-of-entry water treatment systems over the forecast period. Moreover, owing to the increased water testing facilities, consumer health awareness, and rising accessibility to water treatment products, the market for point-of-entry water treatment systems is expected to grow over the forecast period. Furthermore, favorable regulations and government initiatives and schemes are likely to facilitate the installation of point-of-entry water treatment systems at various end-use locations, which in turn are expected to fuel the market growth. Order your copy of Free Sample of “Water Treatment Systems Industry Data Book - Point of Use Water Treatment Systems and Point of Entry Water Treatment Systems Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Competitive Landscape Key players operating in the Water Treatment Systems Industry are – • Pentair plc • 3M • A.O. Smith • EcoWater Systems • Panasonic Corporation • Amway • Kent RO Systems Ltd. • LG Electronics • BWT AG • Coway Co. Ltd. • DuPont • Watts Water Technologies Inc Global Lubricants Industry database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed Industrial outlook report) and summary presentations on individual areas of research along with a statistics e-book.
The economic value generated by the lubricants industry was estimated at approximately USD 134.65 billion in 2022. This economic output is an amalgamation of basic lubricant product categories namely, industrial, automotive, marine, and aerospace lubricants. Automotive Lubricants Market Growth & Trends Automotive lubricants dominated the market with a share of over 55% in 2022. Growing sales of consumer automotive such as trucks, buses and other forms of passenger transport is expected to drive commercial automotive lubricants demand over the forecast period. Economic growth in emerging markets such as China, India and Brazil have led to betterment in public transportation in these regions. This trend is expected to further strengthen commercial automotive lubricants demand. Increasing sales of commercial vehicles such as heavy-duty trucks and construction automotive such as bulldozers, cranes and concrete mixers in the region is expected to complement the Middle East & African market growth over the forecast period. Engine oil accounted for more than 55% of the automotive lubricants share in 2022. Several associations such as SAE International and others have established a standard scale for engine oils globally. The grades depend on the type of engine, viscosity requirements, vehicle capacity, temperature and weather conditions, and other matrices. While fully synthetic engine oils provide high performance, good cold start in freezing temperatures, and minimize deposit build-up, synthetic blends provide benefits such as good component protection and increase the intervals of oil change. Mineral-grade oils provide basic protection to engine components and the oil needs to be changed often to attain the desired performance characteristics of the mineral oils. Industrial Lubricants Market Growth & Trends Industrial lubricants accounted for a share of over 38% in the industry in 2022. Industrial lubricants are water-based, or petroleum-based substances used to prevent metal-to-metal contact in dyes, tooling or finished components by reducing friction and protecting against corrosion. These lubricants are widely utilized in numerous industrial applications such as gas engines, hydraulics, air compressors, auxiliary equipment, heat transfer systems, paper machines, turbines, metal working, bearings, food machinery, and natural gas compressors. Increasing industrial production in emerging markets of Asia Pacific and Central & South America is anticipated to drive industrial lubricants demand over the forecast period. Mining, unconventional energy and chemicals industries are projected to be one of the largest markets for industrial lubricants. This trend is expected to further strengthen industrial lubricants demand in industrial engines, compressors, hydraulics, bearings and centrifuges. Industrial engine oils are projected to witness significant over the forecast period as these oils are designed to offset the operating costs and rising fuel. These fluids have the potential to reduce fuel consumption as they possess lower friction coefficient and also helps to keep engine components clean and fully functional thereby effectively delivering maximum combustion efficiency. Industrial engine oils broadly help in keeping piston, filters, ports and crankcase clean for a longer period of time. Order your copy of Free Sample of “Lubricants Industry Data Book - Automotive Lubricants, Industrial Lubricants, Marine Lubricants and Aerospace Lubricants Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Marine Lubricants Market Growth & Trends Marine lubricants accounted for a share of nearly 5% in the industry in 2022. Marine lubricants are widely used in high speed engine oils, medium speed engine oils and slow speed marine engines. The product helps to extend the engine life and protects the components at high temperatures. Some of the lubricants offer additive technology in order to provide protection against crankcases, camshaft areas, under-crowns and ring belt. Further, lubricants are used in slow-speed cylinders as they offer high-performance lubrication, enhanced protection from mechanical wear and helps to mitigate cold corrosion. Lubricants provide robust protection to hydraulic pumps which also contain anti-wear additives, corrosion and oxidation inhibitors, foam and aeration suppressants and a shear stable viscosity index improver. The key lubricated hydraulic components are vane pumps, piston pumps and gear pumps. Usually lubricants are available in multi-viscosity ISO 15, 22, 32, 46, 68 and 100 grades. The multi-viscosity feature promotes smooth power transmission over a wide range with a minimum of shudder and maximum accuracy. Aerospace Lubricant Market Growth & Trends Aerospace lubricants accounted for a share of nearly 2% in the industry in 2022. Aerospace lubricants are used to provide reliability, long-lasting lubrication for critical components in order to operate efficiently in high vacuum and extreme temperature. They undergo regular scrutiny with increasing regulatory intervention and specific military standards. Increasing air passenger traffic coupled with significant rise in defense budgets across the globe are anticipated to remain the key driving factors for market growth over the forecast period. Countries including the U.S., Germany, India and Brazil have made substantial increase in defense spending resulting in boost to overall aerospace industry. Asia Pacific emerged as the leading regional market driven by strong economic growth paired with increasing lavish lifestyles among middle class population. Commercial aerospace Industry is set to witness the strong growth in terms of revenue and operating revenue owing to continued record production levels driven by strong demand for next-generation aircraft. Piston aerospace lubricants was a substantial segment in 2016, since these oils reduce over 50% of friction & contribute to better fuel efficiency. The product also acts as a viscosity improver, sealant and coolant in engine assemblies. Straight mineral oil with zero dispersants are usually recommended by manufacturers for the first 50-hour break-in period on new or newly overhauled engines. Go through the table of content of Lubricants Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape Key players operating in the Lubricants Industry are – • ExxonMobil Corp. • Royal Dutch Shell Co. • British Petroleum • Total Energies • Chevron Corporation • Fuchs Group • Amsoil Inc • CASTROL LIMITED • Philips 66 Company • Valvoline LLC • Idemitsu Kosan Co. Ltd • Lukoil • PetroChina Company Limited • Petrobras • Petronas Lubricant International • Quaker Chemical Corp • PetroFer Chemie • Zeller Gmelin GmbH & Co. KG • Buhmwoo Chemical Co. Ltd • Blaser Swisslube Inc • Zeller Gmelin GmbH & Co. KG • BELLZOIL OVERSEAS PVT LTD • Carol Petroleum Private Limited Global paints & coatings sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.
The global Paints and Coatings Industry was valued 48.16 million tons in 2022 and expected to register a CAGR of 7.5% from 2023 to 2030, according to a report by Grand View Research, Inc. Powder Coating Market Growth & Trends The global powder coatings market size was valued 8.52 million tons in 2022 and expected to register a CAGR of 3.9% from 2023 to 2030, according to a report by Grand View Research, Inc. Powder coatings accounted for a share of over 19% in the industry in 2022. Powder-based coatings are more durable and eco-friendly as compared to their counterparts. Powder-based coatings have negligible VOC content due to the absence of solvents and, thus, they comply more efficiently and economically with the environmental protection regulations. Powder-based coatings are widely used in agricultural equipment, automotive, machine components, mechanical parts & building facades, and electrical fixtures to prevent corrosion and provide a thicker coating. Increasing demand for low VOC or zero-emission coatings in the U.S., India, China, and in European countries is expected to propel the demand for powder-based paints & coatings over the forecast period. Waterborne Coatings Market Growth & Trends The global waterborne coatings market size was valued 18.92 million tons in 2022 and expected to register a CAGR of 3.4% from 2023 to 2030, according to a report by Grand View Research, Inc. Waterborne coatings accounted for a share of nearly 35% in the industry in 2022. Water-based paints and coatings are widely used in confined and poorly ventilated spaces. These coatings dry at a faster rate as compared to solvent-based paints and coatings due to the rapid evaporation of water from the coating layer, which results in faster drying without surface skin formation. Water-based paints and coatings are primarily used where solvent-based coatings are expected to react with the substrate. They are ideal primers as they possess excellent thermal and corrosion resistance. In addition, they are flame-resistant and have low toxicity owing to their low VOC content and low hazardous air pollutant emissions. Solvent-borne Coatings Market Analysis And Forecast The global solvent-borne coatings market size was valued 10.95 million tons in 2022 and expected to register a CAGR of 2.7% from 2023 to 2030, according to a report by Grand View Research, Inc. Solvent-borne coatings accounted for a share of nearly 23% in the industry in 2022. Aerospace paints & coatings are used to provide reliability, long-lasting lubrication for critical components in order to operate efficiently in high vacuum and extreme temperature. Solvent-based segment is projected to record a slower growth rate as compared to water-based segment over the forecast period owing to the stringent regulations concerning products with high VOC content. However, rising application of solvent-based coatings for industrial and architectural purposes, owing to their various properties such as lower drying times and better functionality in open & humid conditions, is expected to fuel the segment growth over the forecast period. Solvent-based paints and coatings are primarily employed in offshore oil & gas applications in low heat and high humidity areas. They can be applied to large surface areas with high thickness as compared to water-based coatings. Furthermore, solvent-based paints and coatings are used to achieve decorative finishes over complex shapes and exhibit improved adhesion along with high water resistance. Order your copy of Free Sample of “Paints and Coatings Industry Data Book - Powder Coatings, Waterborne Coatings, Solvent-borne Coatings and High Solids/Radiation Curing Coatings Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research High Solids/Radiation Curing Coatings Market Analysis And Forecast The global high solids/radiation curing coatings market size was valued 5.07 million tons in 2022 and expected to register a CAGR of 3.1% from 2023 to 2030, according to a report by Grand View Research, Inc. High solids/radiation curing coatings accounted for a share of nearly 11% in the industry in 2022. Rise in consumer awareness for sustainable products and increasingly strict environmental regulations regarding the reduction of VOC emissions are expected to boost the demand for high solids and radiation curing paints and coatings over the forecast period. High solids and radiation curing coatings relatively constitute a small portion of the global market; however, the adoption of these coatings in various applications, such as marine, aerospace, paper & paperboard, and construction, is rising owing to their rapid curing and excellent physical properties. This is expected to drive the growth of the segment in the coming years. These coatings comprise 70% to 100% of solids, which cure when exposed to ultraviolet (UV) light. Further, as they majorly contain the solid system, they have very less or zero amount of volatile solvents to evaporate, which makes them eco-friendly. In addition, these coatings cure at a faster rate as compared to their counterparts, making them suitable for heat-sensitive substrates. Competitive Landscape Key players operating in the Paints and Coatings Industry are – • PPG Industries • The Sherwin-Williams Company • Akzo Nobel N.V. • Nippon Paint Holdings Co., Ltd. • RPM International, Inc. • Axalta Coating Systems • BASF Coatings • Kansai Paint Co., Ltd • Jotun.ent and gauge the opportunities that lie ahead. Global waste management industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.
The economic value generated by the waste management industry was estimated at approximately USD 1.24 trillion in 2021. This economic output is an amalgamation of businesses that are involved in the services of waste collection, transportation, and disposal activities. Disposal activities mostly include incineration, landfill, composting, and recycling processes. Waste Recycling Services Market Growth & Trends The global waste recycling services market size was valued USD 54.39 billion 2020, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.2% from 2021 to 2028. Waste recycling is gaining momentum across the globe pertaining to the benefits it offers. The depletion of natural resources has led to many governments, industries, and other authorities to search for other sustainable ways to tackle the scarcity. For instance, in England and Northern Ireland, Recycle Now™ is an innovative recycling campaign, which aims to promote waste recycling and motivate more people to participate in the recycling activities. Recycling of waste for precious and important components is being proven in most sustainable way. The awareness regarding this is likely to contribute effectively to the growth of the market over the forecast period. E-waste segment of the market is expected to grow at a faster rate over the forecast period. The segment deals with all types of electronic waste generated by equipment, e-gadgets, and devices. These devices are likely to contain potentially harmful materials, including metals such as lead, cadmium, and beryllium, owing to which E-waste requires specialized waste management treatment for reuse. Food Waste Management Market Growth & Trends The global food waste management market size was valued USD 34.22 billion in 2019, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2020 to 2027. The global food waste management market is significantly driven by the rising demand and consumption of processed & packaged food products. Rapid urbanization and industrialization have resulted in increasing demand for convenience bringing change in consumer lifestyle. This is also reflected in the choice of food products with a rising inclination towards packaged and processed food products. According to the Food and Agriculture Organization (FAO) of the United Nations, almost one-third of the food produced annually for human consumption globally is either wasted or lost, which is equivalent to around 1.6 billion tonnes of food. This generated food waste accounted for over 8% of the global greenhouse gas emissions, according to FAO. The rising awareness about the benefits of the proper food waste management techniques is anticipated to propel the demand and market growth over the forecast period. For instance, California’s law includes a commitment to divert 75% of the food waste from landfill to recycling by 2025 and has actively pledged to recover edible food waste for human consumption. Order your copy of Free Sample of “Waste Management Industry Data Book - Plastic Waste Management, Food Waste Management and Waste Recycling Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Plastic Waste Management Market Growth & Trends The global plastic waste management market size was valued USD 33.06 billion in 2019, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Plastic consumption around the world is rapidly increasing due to its applications across various industries such as food processing, consumer goods, electronics, and furniture. According to the UN Environment Programme, around 8.3 billion tonnes of plastic has been produced since the early 1950s, of which 60% has ended up either in landfills or oceans. Countries like U.S., India, China, Brazil, Indonesia, Germany, etc. account for more than half of the world’s plastic waste production. The COVID-19 pandemic has affected several countries across the globe. People worldwide have started the use of personal protective equipment such as face masks, face shields, gowns, gloves, and coveralls, among others to prevent the spread of the virus. This upsurge in the demand for personal protective equipment, especially single-use plastic face masks from healthcare workers, service workers, and the public, has further increased plastic pollution. This in turn is likely to propel market growth of plastic waste management market. Competitive Landscape Key players operating in the Waste Management Industry are – • Veolia Group • Waste Management Inc. • Covanta Holding Corporation • Stericycle, Inc. • Clean Harbors, Inc. • Biffa • Hawkvale Limited Global food packaging industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.
The economic value generated by the food packaging industry was estimated at approximately USD 346.5 billion in 2021. This economic output is an amalgamation of businesses that are involved in the manufacturing of food packaging products, distribution & supply, and application of the product in the end-use industry. Fresh Food Packaging Market Growth & Trends The global fresh food packaging market size is expected to reach USD 181.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.0% from 2022 to 2030. Fresh produce sales increased by USD 4.5 billion in the U.S. between January and August 2020 as compared to the same period in 2019. According to a survey conducted in July 2020, a majority of contemporary consumers preferred the purchase of fresh food and are willing to pay a premium price for the same. Increasing demand for organic fresh food products like fruits, vegetables, and dairy from diet and health-conscious consumers is expected to have an appositive impact on the demand for the fresh food packaging market in coming years. Furthermore, ever-increasing food service operators and retail chains in North American and European economies are projected to switch from plastic packaging to a sustainable solution to attract an environment-conscious consumer base in the region. Thus, the aforementioned factors are expected to drive the demand for eco-friendly fresh food packaging. Flexible Food Packaging Market Analysis And Forecast Flexible food packaging combines the benefits of paper, aluminium foil, and plastic without impacting the barrier protection properties, printability, ease of use, and durability of packaging products. This packaging also keeps the freshness of packaged products intact. Some examples of flexible food packaging products are chip bags, protein bar wrappers, juice pouches, and granola pouches. Brands operating in the food & beverages industry try to use flexible packaging materials in the form of unbreakable, lightweight, and portable pouches for packaging food products instead of glass and plastic packaging products as they are easy to handle. Flexible packaging products have lower costs than rigid packaging products and are eco-friendly resulting in their low carbon footprint. Ongoing technological advancements in flexible packaging in the form of improving moisture and freshness retention properties are expected to fuel the demand for flexible packaging products across the world in the coming years. For instance, Fresh-Lock technology offers reclosable flexible packaging solutions with improved durability and slow oxidation when used with appropriate refrigeration and freezing conditions. Order your copy of Free Sample of “Food Packaging Industry Data Book - Flexible Food Packaging, Fresh Food Packaging, Food Container and Micro-perforated Food Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Food Container Market Growth & Trends The global food container market size is anticipated to reach USD 147.5 billion in 2021, registering a CAGR of 4.2% over the forecast period, according to a new report by Grand View Research, Inc. The global market is primarily driven by the enormous increase in global food output. The demand for convenient packaging that is easy to store, and carry, and enables immediate consumption of food is likely to rise. Thus, it is critical for food container manufacturers to stay up to the changing consumer tastes. The rise in the number of employed women, the proportion of households consuming packaged goods, and a significant rise in double-income households are boosting the worldwide industry for food containers' future growth. The population growth in metropolitan areas and the growing number of single-person households are expected to drive the demand for food containers. Micro Perforated Food Packaging Market Worth $1.96 Billion By 2025 The global micro-perforated food packaging market size is projected to reach USD 1.96 billion by 2025 expanding at a CAGR of 5.7% during the forecast period, according to a new report by Grand View Research, Inc. Micro-perforated food packaging is a type of perforated packaging that contains micro holes, which enable gas permeation in order to maintain the rate of respiration of food products. Micro-perforation involves the puncturing of packaging films with holes ranging from a diameter of 30 mm to 200 mm. This packaging offers various advantages including extended shelf life and moisture retention of the food products. We have segmented the global micro-perforated food packaging market based on three parameters, namely material, application, and region. In terms of material, micro-perforated food packaging market has been segmented into polyethylene (PE), Polypropylene (PP), polyethylene terephthalate (PET), and others. Others include Polyvinyl chloride (PVC) and Ethylene vinyl alcohol (EVOH). These materials are used in various types of plastic packaging such as wraps, bags, pouches, and sleeves. Competitive Landscape Key players operating in the Food Packaging Industry are – • Berry Global Inc. • Amcor Plc • DS Smith Global plastics industry databook is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research along with a statistics e-book.
The economic value generated by the plastics industry was estimated at approximately 307,966.7 kilotons in 2021. This economic output is an amalgamation of businesses that are involved in the manufacturing of plastics & their additives, distribution & supply, and application of plastics. Plastic Resins Market Growth & Trends The growth of the global plastics resins market is likely to be driven by increasing consumption of plastics in the construction, automotive, medical devices, and electrical & electronics industries. Regulatory intervention to reduce vehicle weight, enhance fuel efficiency, and ultimately reduce carbon emissions has encouraged automotive OEMs to adopt plastics for fabricating automotive components. Plastic resins are synthetic materials commonly derived from natural gas and oil. They are extensively used in various end-use industries such as packaging, automotive, construction, electrical & electronics, logistics, consumer goods, textile & clothing, furniture & bedding, agriculture, medical devices, and others. Crystalline resin including epoxy, polyethylene (PE), and polypropylene (PP); non-crystalline resin including polyvinyl chloride (PVC), polystyrene (PS), acrylonitrile butadiene styrene (ABS), and polymethyl methacrylate (PMMA); engineering plastics including nylon, polybutylene terephthalate (PBT), polycarbonate (PC), and polyamide (PA); and super engineering plastics including polyphenylene sulfide (PPS), polyether ether ketone (PEEK), and liquid crystal polymers (LCP) are some of the major types of plastic resins widely used in various end-use industries. Plastic Additives Market Growth & Trends The demand for additives is ascending at a significant rate owing to their rising consumption in medical devices & equipment and various end-use industries such as healthcare, packaging, food & beverage, construction, automotive, personal care, and electronic goods. The additives are majorly used to enhance the physical and chemical properties of the materials, increase their shelf life, improve the aesthetic value and minimize the risk of microbes such as Legionella and MRSA. Rapidly growing awareness of health-related issues in the emerging markets of Asia and North America is expected to drive the consumer industry, which in turn is expected to boost demand for additives over the forecast period. Asia Pacific is expected to become the fastest-growing food additives market during the forecast period. China, Indonesia and India are major growth levers contributing to the construction sector growth in the region due to rising consumer disposable incomes and rising government spending on major infrastructure projects. In turn, the increasing demand for residential, commercial and institutional buildings in China due to the growing population contributes to the growth of the additives market. Order your copy of Free Sample of “Plastics Industry Data Book - Plastic Resins, Plastic Additive, Plastic Compounds and Recycled Plastics Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Plastic Compounds Market Growth & Trends The global plastic compounding market is expected to be driven by increasing demand for plastic compounding in applications such as construction, automotive, packaging, healthcare and home appliances. The use of plastic composite products in automotive applications helps reduce fuel consumption as these products are lightweight compared to traditional materials such as rubber or metals. Polypropylene (PP) was the leading segment in this market as of 2022. Properties such as good fatigue, chemical, and temperature resistance drive its demand in automotive, packaging, home appliances, furniture, and others. Polypropylene can be processed with all thermoplastic processing methods such as injection moulding, extrusion blow moulding and universal extrusion. Asia Pacific was the leading regional market in 2022 and is expected to maintain its dominance over the forecast period. Rapid industrialization and robust growth in the end-use industry have fueled the growth of this market in the region. Economic developments and the resulting increase in consumer spending in emerging markets such as China and India as well as Southeast Asian countries have boosted demand for home appliances, further fueling market growth in the region. Recycled Plastics Market Growth & Trends The global recycled plastics market is expected to witness growth on account of rising concerns related to plastic pollution coupled with the rising product demand from various application industries such as packaging, automotive, electrical & electronics, building & construction, and textiles. Packaging led the application segment and accounted for more than 37% share of the global volume in 2022. This is used to produce a wide range of products such as composite lumber, roofing tiles, insulation, bottles used for the packaging of food & household products, and cosmetics packaging products. Global plastic waste recycling is only 9% per year and the rest of the plastic waste ends up in natural water bodies such as oceans and landfills. In 2019, the Chinese government banned the import of 24 types of plastics from the U.S. and European countries stating that the country will focus on its domestic waste recycling. After the ban, Southeast Asia became the plastic waste dumping ground for North American and European countries. Increasing concerns related to plastic pollution, harmful emissions with the use of petrochemicals, and depleting crude oil reserves have been driving the demand for recycled plastics. Government regulations restricting the consumption of petro-based plastics in certain applications and implementation of taxes on using non-recycled packaging products, such as food & consumer goods packaging, are expected to incentivize the production of recycled plastics. Go through the table of content of Plastics Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape Key players operating in the Plastics Industry are – • BASF SE • Dow Inc. • DuPont • Evonik Industries AG • SABIC • Sumitomo Chemical Co., Ltd. • Arkema • Celanese Corporation Water & Wastewater Treatment Equipment Industry | Cutting-Edge Tech Cleaning Up Our Wastewater12/18/2023 Global water & wastewater treatment equipment industry database, published by Grand View Research’s is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.
The economic value generated by the water & wastewater treatment equipment industry was estimated at approximately USD 63.4 billion in 2022. The demand for clean water is significantly increasing across the world owing to increasing agriculture and industrial activities. The clean water reservoirs are depleting fast due to the increasing water withdrawals from groundwater and surface water along with rising global warming. This is expected to increase the demand for water & wastewater treatment equipment over the forecast period. Access the Global Water & Wastewater Treatment Equipment Industry Data Book from 2023 to 2030, compiled with details by Grand View Research Primary Water & Wastewater Treatment Equipment Market Analysis & Forecast The global primary water and wastewater treatment equipment market size was estimated at USD 12.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030. Rising awareness regarding water pollution and environmental degradation is anticipated to boost the demand for wastewater management plants, thereby augmenting the market growth. The construction of new housing projects is predicted to increase quickly, and the number of people utilizing centralized sludge management systems is expected to rise. These factors are expected to boost the demand for primary water and wastewater treatment equipment. Additionally, it is anticipated that capacity expansion and the development of new production facilities will have a beneficial impact on market growth. The demand for primary treatment for industrial discharge and waste is expected to be driven by the stringent regulations enforced by the national governments, along with rising awareness regarding water and sludge management. Governing authorities in various countries are funding R&D for water and wastewater treatment, which is expected to fuel market growth. In addition, companies are also trying to develop systems to increase primary treatment capacities where there is limited or less space or cost considerations to install more advanced treatment equipment. The use of primary treatment equipment such as screens or grit chambers is expected to grow in rural areas, especially in African countries where awareness about sewage treatment is beginning to grow. Secondary Water & Wastewater Treatment Equipment Market Analysis & Forecast The global secondary water and wastewater treatment equipment market size was estimated at USD 23.3 billion in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 4.3% from 2023 to 2030. The primary drivers of this market growth are rising water pollution levels in developing nations like Korea, India, China, Japan, and Malaysia, as well as rising concerns about water scarcity and the need for freshwater resources due to rapidly growing urbanization. The demand for clean water is significantly increasing across the world owing to increasing agriculture and industrial activities. The clean water reservoirs are depleting fast due to the increasing water withdrawals from groundwater and surface water along with rising global warming. This is expected to lead to increased demand for secondary water & wastewater treatment equipment over the forecast period. Global oil & gas production is likely to witness significant growth from non-OPEC countries and developing countries. Growing demand for energy, shale gas, tight gas, and coal bed methane (CBM) on account of the maturity of the conventional oil & gas resources market is expected to be a major driver triggering the growth of the secondary water & wastewater treatment equipment industry. The global refinery output was 75,222 thousand barrels per day in 2010, which reached 79,229 thousand barrels per day in 2021. This is driven by the increasing demand for oil-based fuels due to high industrial growth. Strong demand from refineries has been one of the major drivers for the secondary water and wastewater treatment equipment industry. The trend is anticipated to continue over the forecast period. Increasing investments in the exploration and production activities by the oil & gas companies in the U.S. are anticipated to boost the demand for secondary water and wastewater treatment equipment in the oil & gas industry. The rising number of infrastructure upgrades, in terms of changing or the installation of new pipelines, is expected to have a positive impact on the growth of the market. Order Free Sample Copy of Water & Wastewater Treatment Equipment Industry Data Book published by Grand View Research Tertiary Water & Wastewater Treatment Equipment Market Analysis & Forecast The global tertiary water & wastewater treatment equipment market size was estimated at USD 27.9 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. The market growth is driven by factors such as rising urbanization, rapid population growth, the rising need for clean water resources, and the increasing frequency of waterborne diseases. Furthermore, the growing demand for energy-efficient and advanced technologies is anticipated to propel the market growth over the forecast period. Tertiary treatment is used as the final cleaning step for water before it is reused, recycled, or discharged into the environment. The residual inorganic compounds and pollutants, bacteria, viruses, and parasites are eliminated during this procedure, making the water suitable for reuse.The market is expected to benefit from increasing demand for activated carbon for eliminating residual hazardous compounds in wastewater. These factors are expected to propel the growth of the industry in the coming years. For instance, in November 2020, Koch Separation Solutions acquired RELCO, which offers cutting-edge process technologies for the dairy and food & beverage industries. This strategy was intended to expand the company’s scope of capabilities in the dairy and food & beverage industries. Furthermore, the Brihanmumbai Municipal Corporation invited tenders for its advanced tertiary treatment plant project in September 2022, with the goal of recycling and reusing effluent water for potable uses. Photocatalytic degradation methods have been extensively used in recent years to eliminate organic contaminants in wastewater and effluents. As a developing destruction technique, advanced oxidation processes (AOPs) have been developed, resulting in the complete mineralization of the majority of organic pollutants. These factors are expected to drive the demand for tertiary water & wastewater treatment equipment. Moreover, stringent government regulations such as the U.S. EPA and Clean Water Act related to wastewater emission, coupled with the launch of innovative tertiary clarifiers, are expected to drive the demand. For the primary, secondary, or tertiary clarity processes, turbidity removal, softening, or thickening applications, Ovivo offers dependable and robust mechanisms, such as the bioreactor-clarifier, to assure optimal performance. The biochemical oxidation of organic molecules in a contact-weighted load can be intensified using bioreactors-clarifiers for tertiary treatment of urban wastewater using dissolved technical oxygen. This results in the increased efficacy of wastewater treatment by BOD and other components. Key players operating in the water & wastewater treatment equipment industry are – • Evoqua Water Technologies LLC • Pentair plc • Ecolab Inc. • DuPont • Xylem, Inc. • Calgon Carbon Corporation • Toshiba Corporation • Veolia Group • Aquatech International LLC • Ecologix Environmental Systems, LLC • Evonik Industries AG • Lenntech B.V. • Parkson Corporation Global filters industry database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.
Mobil & Engine Filters Market Analysis & Forecast The global mobil & engine filters market size was estimated at USD 11.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. The fuel filters segment dominated the mobile & engine filters market in 2022, with a share of 38.4%. Fuel filters are an essential component for internal combustion engines as they screen the fuel for possible contaminants. The truck companies are investing in increasing their production capacities with an increase in demand, thus leading to increased demand for fuel filters. Furthermore, adoption of MRO services by several trucking and transport agencies for timely maintenance of their truck and bus fleet. Is expected to increase the aftermarket sales for fuel filters. Access the Global Filters Industry Data Book from 2023 to 2030, compiled with details by Grand View Research Hydraulic & Lube Filters Market Analysis & Forecast The global hydraulic & lube filters market size was estimated at USD 5.1 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030. A rise in product demand in various application industries including automotive, power generation, marine, manufacturing, construction, mining, and agriculture is expected to add growth prospects to the market over the forecast period. The performance of every hydraulic filter is measured based on its contamination removal efficiency, thus ensuring reduction or no hydraulic fluid leakage due to clogging in the hydraulic system. The pressure side filters are anticipated to dominate the overall hydraulic & lube filters market in 2022 followed by the return side filters and the trend is likely to ascend at a positive rate over the forecast period owing to their wide application especially in the construction application segment. Pressure side filters help remove particles and contaminants from oil used in a hydraulic system. These filters are placed between the pump and actuators and used for medium to high-pressure hydraulic filtration. High-pressure filter is the most common type of pressure filter used in the hydraulic system. These filters are stocked with a bypass check valve, which is fitted directly in the back of the pump that enables it to become main filter for the complete flow for oil that helps to protect all hydraulic component against wear and tear. Process Filters Market Analysis & Forecast The global process filters market size was estimated at USD 15.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. Liquid filtration systems dominated the process filters market in 2022, with a revenue share of 68.20%, and is expected to rise at a CAGR of 6.4% over the forecast period. This is attributed to widespread usage of liquid filtration systems in several industries including food & beverage, wastewater treatment, power generation, mining, chemicals, and pharmaceuticals, for removal of contaminants from process water, chemicals, and beverages. Several kinds of process filters such as backflushing filters, bag filters, cartridge filters, and membrane filters are utilized for liquid filtration applications in marine, food & beverages, water & wastewater treatment, power generation, chemicals, pharmaceuticals, mining, microelectronics, and snowmaking industries. They are used for filtering out oils, process water, wine & other beverage items, and chemicals. Industrial Air Filters Market Analysis & Forecast The global industrial air filters market size was estimated at USD 2.95 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2023 to 2030. The use of industrial air filters in verticals dealing with manufacturing processes is expected to increase the product demand over the forecast period owing to the increasing concern towards reducing the risk of microbiological as well as molecular contamination in industrial premises. Industrial air filters products such as dust collectors, oil mist collectors, HEPA filters, and wet scrubbers are commonly used industrial air filters in various end-use industries to help control the generation of hazardous, toxic, and radioactive gas streams. Order Free Sample Copy of Filters Industry Data Book, published by Grand View Research Compressed Air Dryers and Compressed Air Filters Market Analysis & Forecast The global compressed air dryers and compressed air filters market size was estimated at USD 5.63 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. Extensive use of compressed air dryers and air filters for removing particulate, oil, and mist, which could affect the performance of compression systems used in various end-use industry is expected to increase the product utilization over the forecast period. Oil removal application is expected to dominate the market in 2022 based on revenue and the trend is expected to remain the same over the forecast period. This growth in the application segment is attributed to the extensive accumulation of fluid during the operation which gets spilled from the hydraulic system or during refueling activities especially in machining, construction, and automotive industries. Extensive use of compressed air in oil & gas industries involving operations such as oil transport, powering pneumatic tools, fans & pumps, and cleaning is anticipated to have a positive impact on the market growth over the forecast period. The use of dryers and filters to separate water vapors and contamination from crude oil & natural gas helps in minimizing hydrate formation, combustibility issues, and line regulator freezing. Key players operating in the filters industry are – • 3M • Parker Hannifin Corporation • Donaldson Company, Inc. • Man+Hummel GmbH • Cummins Inc. • Santorius AG • Danaher Corporation (Pall Corporation) • Camfil Group • American Air Filter Company, Inc. • SOGEFI Spa • HYDAC • Filtration Group • Atlas Copco • Ingersoll Rand • SPX Flow Global enzymes industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book. Industrial Enzymes Market Analysis & Forecast The global industrial enzymes market size was valued at USD 6.96 billion in 2022and is expected to grow at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2030. This is due to the growing demand for industrial enzymes in several applications such as animal feed, food & beverage, and nutraceutical. Increasing consumer awareness about health has resulted in the growing use of functional food products, which is expected to trigger product demand in the coming years. Microorganisms are rapidly becoming a key source of enzymes, owing to their low production costs and easy availability of raw materials. End-use industries rely heavily on enzymes derived from microorganisms as they can be used to make a wide range of products. This, in turn, is anticipated to positively impact the demand for the industrial enzymes industry. The demand is projected to be positively impacted over the forecast period by the rising consumption of functional food products due to the growing awareness of a person's health. Cellulose and amylase are the two subtypes of carbohydrate. It is frequently utilized as a component in the creation of carbonated beverages. Increased use of various types of carbohydrase in the pharmaceutical and animal feed industries would further increase demand for industrial enzymes in the coming years. The COVID-19 pandemic had a positive impact on various end-use industries around the world, causing a supply-demand gap. The demand for the product in biofuel and textiles was moderately impacted by a demand-supply gap combined with the global lockdown of the automotive industry. However, the market experienced positive demand during the pandemic due to the increased adoption of enzymes in various industries such as animal feed, food, and cleaning products. Access the Global Enzymes Industry Data Book from 2023 to 2030, compiled with details by Grand View Research Specialty Enzymes Market Analysis & Forecast The global specialty enzymes market size was valued at USD 5.32 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. This is attributable to the specific yield optimization and catalytic reaction properties of specialty enzymes. Pharmaceutical manufacturers across the globe have incorporated these specialty enzymes on account of their expanding applications particularly in processing fine chemicals and pure pharmaceutical drugs. The shift in trend towards the adoption of specialty enzymes in order to reduce reliance on conventional enzymes has been observed in the last few years and hence these enzymes are expected to penetrate the overall industry growth. Specialty enzymes are widely used to manufacture drugs to treat some fatal diseases such as cardiovascular diseases, cancer, and pain caused by age, asthma, hay fever, and lysosomal storage disorders in the pharmaceutical industry. The increasing prevalence of such diseases coupled with the growing geriatric population particularly in the U.S., Europe, and Japan is also expected to have a positive influence on industry growth. Growth of the global pharmaceutical industry, growing number of biotechnology R&D, and advancement in enzyme engineering & green chemistry are expected to fuel the market over the forecast period. Difficulty in maintaining pH and operational temperature of specialty enzymes is expected to remain a key concern for key players. Legal & ethical issues coupled to lack of awareness among consumers regarding the benefits of specialty enzymes particularly in developing countries is also expected to pose threat to the market growth. However, the growing industrialization rate and advanced technologies adopted in the pharmaceutical industry in emerging markets of BRIC nations is expected to hold future opportunities for industry participants. North America emerged as the largest regional specialty enzyme market owing to the presence of niche consumers and advanced technologies. An increase in population and growth in disposable income among consumers in emerging markets of China and India is expected to drive the industry demand in the Asia Pacific region. China, India, and Brazil are expected to be the most lucrative regional markets for specialty enzymes. Some of the key specialty enzyme manufacturers include Advanced Enzyme Technology Ltd. Affymetrix Inc., Advanced Enzyme Technology Ltd., Amano Enzyme Inc., Bbi Enzymes Ltd., Basf, Codexis Inc., Nagase & Co. Ltd., Life Technologies, Roche Holding Ag., and Sanofi S.A among others. Order Free Sample Copy of Enzymes Industry Data Book, published by Grand View Research Key players operating in the enzymes industry are – • BASF SE • Associated British Foods Plc • Advanced Enzyme Technologies • DSM • Novus International • ABF Ingredients, • Chr. Hansen Holding A/S, • DuPont Danisco • Lesaffre, • Adisseo • Novozymes AG |
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