European Paints and Coatings Market worth $41.6 billion by 2028

Stephen23307 Oct, 2024Business

The report "European Paints and Coatings Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyester, PU, Fluoropolymer, Vinyl), Technology (Waterborne, Solvent borne, Powder), End-use (Architectural and Industrial), and Country - Global Forecast to 2028", is projected to grow from USD 37.2 billion in 2023 to USD 41.6 billion by 2028, at a CAGR of 2.3%. Increasing demand for premium paints to boost the European Paints and Coatings market. The architectural paints produced and consumed in Europe are exclusively medium to premium products, as the consumer interest in home decoration is high. These coatings offer better coverage than domestic formulations.

Aerosol Cans Market Analysis, Trends, Top Companies, Share, Growth And Forecast

Stephen23313 Feb, 2023Business

Aerosol cans show excellent recyclability and reusability which act as a significant driver for the growth of the market. They can be infinitely recycled as they are made from glass, metals, or plastics (such as PET). Aerosol cans also enable can users to obtain a cost advantage in packaging and while addressing concerns about disposability simultaneously. The reason for this is that aerosol cans are manufactured in compliance with environmental regulations and policies for decomposition.

Food is estimated to be the largest segment in the BOPP films market

Stephen23310 Feb, 2023Business

The key driver for the BOPP films market in food packaging is the growing demand for compact and lightweight packaging in baby food and pet food. BOPP films are also available for single-time use. In the food industry, BOPP films wraps and pouches are widely used in the packaging of sauces, pet food, ready-to-eat/frozen meal, candies, chocolates, snacks, dried fruits & nuts, and confectionery products.

Pharmaceuticals to be the fastest-growing application of the global propylene glycol market

Stephen23310 Feb, 2023Business

Propylene Glycol Market is projected to reach USD 4.7 billion by 2024, at a CAGR of 4.4% from USD 3.8 billion in 2019. The eco-friendly production process of bio-based propylene glycol has led to the growth of the global propylene glycol market. The growing automotive industry in APAC is also driving the market as propylene glycols are widely used in engine coolants and sheet molding compounds, among others. Pharmaceuticals application is projected to be the fastest growing segment in the global propylene glycol market during the forecast period. This is due to the increased health consciousness of people and high consumption of medications.

Polylactic Acid (PLA) Market worth $1.9 billion by 2026

Stephen23310 Feb, 2023News

Packaging is the largest end-use industry for PLA, with a high CAGR of 13.0% during the forecast period. The need for sustainable solutions has encompassed several industry verticals, including food & beverages, e-commerce, and FMCG. The unique properties of packaging enable its use in various food and non-food applications such as cigarettes, biscuits, sugar confectioneries, baked goods, noodles, and other snacks. The rise in e-commerce has also increased packaging requirements.

Silicone is the second-largest resin type in the overall medical adhesive tapes market

Stephen23310 Feb, 2023News

Silicone is the second-largest resin type in the overall medical adhesive tapes market as they can withstand higher temperatures than rubber-and acrylic-based medical adhesive tapes. Over the past few years, the demand for silicone medical adhesive tapes has increased in the stick-to-skin market of the medical sector. These tapes have lower peel adhesion compared to synthetic rubber and acrylic tapes. These tapes are widely used for fragile skin, such as infant babies and elderly patients with comorbidities causing the skin to be more delicate. These tapes are also useful for repeat application on the same portion of the skin.

Rubber Additives Market worth $9.3 billion by 2026 - Exclusive Report by MarketsandMarkets

Stephen23309 Feb, 2023Business

Antidegradants is the largest type segment of the rubber additives market. Tire was the largest application segment of the rubber additives market. Asia Pacific was the largest market for rubber additives in 2020, in terms of value. The increased demand for superior quality processed rubber from the automotive industry is driving the market for rubber additives in the region. The growing population coupled with the increasing purchasing power of consumers is boosting the demand for automobiles in the region. This in turn drives the market for rubber additives as they are required to enhance the properties of rubber which is used to manufacture automotive tires.

Corrosion Inhibitors Market worth $10.1 billion by 2026 | Expert Review

Stephen23309 Feb, 2023Business

Corrosion inhibitor is a chemical compound that, when added to a liquid or gas, decreases the corrosion rate of a material, typically a metal or an alloy. Corrosion inhibitors will remain one of the largest product segments within the water treatment chemicals market.

Steel Rebar Market 2022 Industry Trends, Future Demands, Growth Factors, Emerging Technologies

Stephen23309 Feb, 2023Business

The deformed steel bar segment is the largest and fastest-growing segment by type in the steel rebar market. Deformed bar, formed from carbon steel and provided with ridges for better mechanical anchoring in reinforced concrete, is used in applications such as reinforced concrete slabs, cages, columns, prefabricated beams, and precast products. This deformation of the bar helps in increasing the bond between materials and minimizes slippage in concrete, which is fueling the rapid growth of the deformed bar segment.

Digital Printing Packaging Market 2022 Opportunities, Key Players, Competitive and Regional Analysis

Stephen23309 Feb, 2023News

The food & beverage industry requires packaging for the storage, handling, and transportation of products. Increase in demand for product differentiation and labeling to authenticate products drives the market growth for printing in the food & beverage packaging segment. To enhance the shelf appeal and salability of products, the demand for digital printing is expected to increase. As digital printing offers high print quality, color assortment, and print-on-demand facility, its demand in packaging is expected to increase.

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