New Product Development
Sustained consumption of petroleum and lubrication products by manufacturing and industrial sectors continues to drive demand for jerry cans at a global level. Despite emergence of intermediate bulk containers (IBCs) as a cost-competitive and space-conserving alternative, the demand for jerry cans remains healthy owing to high adoption by food & beverages and chemical industries. The …
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Molded fiber pulp packaging will gain traction due to the expanding application in the food and beverage industry. As per a study by Future Market Insights (FMI), the sales of molded fiber pulp packaging is expected to grow at a CAGR of 5.1% between 2021 and 2031. Molded fiber pulp packaging is accepted worldwide in protective packaging applications which …
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The demand witnessed in the global precision stainless steel market is increasing at a rapid pace. With its use across various sectors including industrial, civil, mechanical, and others increasing, Future Market Insights (FMI) has forecast the precision stainless steel market is to reach US$ 3.2 Bn dollars by 2029. Precision stainless steel comes in many varieties and …
Plastic cutlery is disposable and one-time use product. They are most commonly used by restaurants performing home delivery, airlines and in events, camping and catering services & fast-food restaurants, etc. Plastic cutlery is cheap, convenient, and durable to hold any food. Large scale availability of raw material for plastic cutlery enhances its production. The popularity …
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This Sterile Rubber Stopper market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered …
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Mesh bags are basically retail bags that are woven or knitted using plastic or fabric. They are commonly used for carrying fruits and vegetables. Mesh bags offer high breathability and product visibility along with custom labels. The mesh of these bags can be shaped according to the consumer needs; the mesh types available include hexagonal, diamond, oval, …
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Cigarette filter reduces harshness of tobacco smoke by reducing the amount tar, smoke and other fine particles during combustion of the tobacco portion. The filter is primarily made of cellulose acetate fibres known as tow. The fibres are bonded together with a hardening agent, tri-acetin plasticizer, which helps the filter to keep its shape. The …
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Home Security Drone demand is expected to grow at a CAGR of around 13% during the forecast period 2021-2031. Advancement in drone payloads and battery technology leading to the improved range, higher level of intelligence gathering, and improved efficiency attributes to the growth of the surveillance and security drones market are the major driving factors for …
The Distributed cloud demand is expected to grow at a CAGR of around 24% during the forecast period 2021-2031. The growing trend of adoption of digitization across prominent industry verticals and rise in focus for low-cost cloud services is expected to drive the demand for global distributed cloud market in the forecast period. In addition, the market …
Global demand for Blockchain in banking is expected to grow at a CAGR of around 28% during the forecast period 2021-2031. Blockchain-enabled transactions are able to eliminate third-party payment gateways allowing fast-paced financial communications. The growth of the market can be attributed to the growing demand for increased transaction speed, scalability and reduction in processing costs in …