The global PAG compressor oil market is currently valued at US$ 1.4 billion in 2023 and is anticipated to expand at a CAGR of 8.7%. Owing to the increasing application in end–the use industry the market is likely to propel to US$3.22 billion by 2033. The PAG Compressor oil market is witnessing significant growth, especially in East …
Monthly Archives: March 2023
The Future of Cleanroom Flooring Market: Revolutionizing the Healthcare Industry is Estimated at 4.3 Billion in 2033
A recently published study by FMI expects the global cleanroom flooring market to augment at a 6.5% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 4300 Million is expected for the market. Cleanroom flooring market growth is being driven by stricter healthcare regulations, rigid standards, and consumer demand for high-quality products, an …
Box Pouch Market to reach US$ 695.9 Mn by 2032 : Sustainable Packaging Solution for Modern Consumers
The global box pouch market share is anticipated to be valued at US$ 488.6 Mn in 2022 and is projected to reach US$ 695.9 Mn by 2032. The demand for box pouches is projected to rise at an average CAGR of 3.6% during the forecast period. Manufacturers are putting greater focus on unique packaging concepts to promote …
Humectants Market: A Booming Industry for Cosmetics and Personal Care is Valued 24.0 Billion by 2033
The global humectants market size is expected to reach US$ 14.72 Billion and is projected to grow at a CAGR of 5% over the forecast period. Since the demand for natural humectants has increased over the past few years, food manufacturers can produce a wider range of food products with fewer natural humectants. By 2033, the packaging …
Innovative Biopharma Plastics Market: Materials and Technologies Shaping the Future
Depth filters, syringes, and containers are among the applications that benefit from biopharma plastics’ increased stability. The market has grown as a result of increased demand for using premium polymers in the manufacture of single-use biopharma plastics. The market for biopharma plastics and polymers is anticipated to be driven by rising healthcare costs and rising health …
Sustainability and the Bio-based Elastomers Market: A New Era of Green Manufacturing to be Worth US$1,901.8 Million by 2033
The global bio-based elastomers market is expected to be worth US$ 513 million in 2023 and US$ 1,901.8 million by 2033. During the forecast period of 2023 to 2033, the predicted growth rate is about 14%. The benefits provided by bio-based elastomers over crude oil-based elastomers regarding volatile organic compounds emissions are expected to contribute to the …
Counter Bags Market leads to US$ 2,068.5 Million from 2022 to 2032: Convenient and Sustainable Packaging Solutions for Retailers and Consumers
Global counter bags market demand is anticipated to be valued at US$ 1,370.8 Million in 2022, forecast to grow at a CAGR of 4.2% to be valued at US$ 2,068.5 Million from 2022 to 2032. Growth is attributed to increasing demand in food and beverage packaging. From 2016-2021 a CAGR of 3.7% was registered for the counter bags market. The number of supermarkets …
Unleashing Creativity with Custom Boxes revenue about US$ 71.0 Billion by 2032 : The Latest Trends in Packaging Design
The global custom boxes market was valued at around US$ 46.3 Billion in 2022 and is predicted to create revenue of about US$ 71.0 Billion by the end of 2032, rising at a CAGR of nearly 4.4% between 2022 and 2032. The custom boxes market refers to the industry that produces and sells customized packaging solutions for various types …
Candle Box Market Size is expected to reach USD 5.5 billion by 2032: Global Share, Trends, Forecast
The candle box market was valued at USD 3.3 billion in 2022 and is expected to reach USD 5.5 billion by 2032. Over the forecast period, the market is expected to grow at a compound annual growth rate (CAGR) of 5.4%. The COVID-19 pandemic has dramatically altered people’s daily lives all over the world for candle boxes …
Bound for Success: Exploring the Global PVC Packing Straps Market Growth and Analysis with moderate CAGR of 4.3% by 2032
The global PVC packing straps market was valued at around US$ 128.5 Mn in 2021. The global market is projected to grow at a CAGR of 4.3% from 2022 to 2032 and reach a valuation of US$ 204.8 Mn by 2032. Expansion of end-use industries such as e-commerce, food & beverages, automotive, and electrical & electronics is set to drive the global market. …