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Showing posts from August, 2022

Plastic Recycling Market to Surpass $ 110 Billion by 2025 - Industry Statistics

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  According to TechSci Research report, “ Global  Plastic Recycling Market By Type, By Source, By Method, By End-User, By Company, By Region, Competition, Forecast & Opportunities, 2025 ” , the global plastic recycling market is expected to grow at a steady CAGR during the forecast period and surpass $ 110 billion by 2025. Growing environmental concerns and rising adoption of recycled products are fueling demand for plastic recycling, globally. Polyethylene segment has the largest share in the global plastic recycling market due to its major use in packaging industry. Growth in packaging  industry on account of rising technological advancements in food and beverage industry is expected to boost plastic recycling market in the coming years. Other sectors which are the major end users of recycled plastics include construction, automotive, textiles and electrical and electronics. Browse 161 market data Figures and Tables spread through   230 Pages and an in-depth T...

APAC to Lead Resorcinol Market through 2025 - Industry Statistics

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  According to TechSci Research report,  “ Global  Resorcinol Market  By End-User Industry, By Manufacturing Process, By Application, By Region, Competition, Forecast & Opportunities, 2025 ” , the global resorcinol market is expected to grow steadily over the next five years and surpass $ 1 billion by 2025. Growing automotive industry coupled with increasing usage of wood in the construction of residential and commercial complexes across the globe are the major factors that are projected to contribute to the market growth over the next five years. Rapid expansion of automotive sector globally is driving the need for various rubber-based products, including tires, belts and rubber-coated fabrics, which is providing a boost to the market. Furthermore, rising usage of the compound during the production of non-halogenated flame-retardants and various agricultural chemicals is further aiding the growth of global resorcinol market across the globe. Browse 132 market da...

Tubular Membrane Market to Cross $ 2.2 Billion by 2025 - Industry Statistics

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  According to TechSci Research report,  “ Global  Tubular Membrane Market  By Product Type, By Application, By End-Users, By Region, Competition, Forecast & Opportunities, 2025 ” , the g lobal tubular membrane market is forecast to grow from an estimated USD 1.57 billion in 2020 to USD 2.24 billion by 2025. The global tubular membrane market is driven by rising implementation for the discharge of wastewater generated by various industries. Further,   increasing adoption of tubular membrane related to zero liquid discharge (ZLD) systems  is one of the major factors accounting for the  growth of global tubular membrane market. Moreover, surging demand from chemicals & petrochemicals industry is further expected to bode well for the growth of global tubular membrane market through the forecast period. In addition to this, more and more applications of the tubular membrane in chemical pretreatments is anticipated to positively influence the growth...

Blow Fill Seal Technology Market is projected to exhibit CAGR of 4.9% by 2026 - Industry Statistics

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Rising demand for aseptic packaging from pharmaceutical industry coupled with increased focus on replacing glass vials to boost global blow fill seal technology market through 2026 According to a report released at TechSci Research, “ Global  Blow Fill Seal Technology Market  By Raw Material, By Type, By Machine Type, By Product, By End-User, By Region, Competition, Forecast & Opportunities, 2026 ”  Global blow fill seal market was valued USD 366 million  in 2019 and is projected to exhibit  CAGR of  4.9% in the forecast years.  Growth of the market is led by increasing application of blow fill seal technology in pharmaceutical industries for packaging. Moreover, rising focus on safe and hygienic pharmaceutical packaging coupled with increasing demand for single dose packaging to avoid the use of preservatives is further boosting demand for blow fill seal technology. However, fluctuation in cost of raw materials required to manufacture blow fill se...

Global Industrial Gases Market to Cross $ 122 Billion by 2026 - Industry Statistics

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Booming automotive sector coupled with increasing demand from end-user industries such as chemical & petrochemical and metal & fabrication to drive global industrial gases market   through 2026 According to TechSci Research report  “Global  Industrial Gases Market  By End-User, By Type, By Mode of Distribution, By Region, Competition, Forecast & Opportunities, 2026” , global industrial gases market is projected to cross $ 122 billion by 2026, on account of growing demand for industrial gases from a wide range of industrial applications such as metal production & fabrication, automotive, and chemical & petrochemicals. Moreover, increasing development of steel production plants, globally, is driving demand for on-site tonnage plants. Rising demand for industrial gases across the globe can also be attributed to increasing demand from healthcare and pharmaceutical sector. Though Europe dominates demand for industrial gases across the globe, Asia-...

Europe to Dominate Bio-Lubricants Market until 2025 - Industry Statistics

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  According to TechSci Research report,  “ Global Bio-Lubricants Market By Base Oil Type (Rapeseed, Canola, Sunflower, Soybean, Palm, and Coconut oils, Animal Fat, Others), By Application (Hydraulic Fluids, Metalworking Fluids, Chainsaw Oils, Mold Release Agents, Two-Cycle Engine Oils, Greases, Others), By End Use (Industrial, Commercial Transport, Consumer Automobile), By Region, Competition, Forecast & Opportunities, 2025 ” , global bio-lubricants market is expected to grow at a substantial CAGR during the forecast period. New products, antioxidants, additives are being developed in order to enhance the market penetration in various end user industries, which in turn is expected to drive the market growth over the coming years . When compared to traditional lubricants, these bio -lubricants offer various advantages such as non-toxicity, carbon neutral, renewable, and environment-friendly, which is resulting in increased demand for bio-lubricants across the globe. Additi...