Skip to main content

Posts

Showing posts from April, 2023

Global Flexible Packaging Market is expected to foresee significant growth. APAC to lead the growth!

  The global flexible packaging market is expected to witness a significant CAGR of around 4% during the forecast period owing to the increase in demand for longer shelf life of products and rising demand for customer-friendly packaging. Moreover, an increase in consumers’ propensity to eat out and a growing number of innovative fast-food chains are the driving factors for chain QSRs segment. Thus, growing demand for packaged food coupled with the convenience of use and cost effectiveness of flexible packaging is expected to drive the market demand. Flexible packaging is the most efficient and cost-effective approach for preserving, distributing, and packaging food products, beverages, pharmaceuticals, and a variety of consumables. Furthermore, due to its numerous energy and environmental benefits, the packaging industry is shifting toward flexible packaging. Additionally, manufacturers have been compelled to provide environmentally friendly packaging choices that are safe and se...

Increasing Demand for Chemicals is Proliferating the Green Methanol Market

  Green methanol is a low-carbon fuel that can be made from either biomass gasification or renewable electricity and captured carbon dioxide. Also, it is utilized as a fuel for transportation or as a sustainable energy storage medium for power produced by renewable sources. The need for alternative energy sources and fuels is growing due to the ongoing climate crisis, and green methanol is becoming increasingly popular due to its potential to help scale up environmentally friendly methanol technology and promote a sustainable future. The Green Methanol Market is expected to grow at a steady rate of around 39% owing to the growing demand for green methanol from the shipping industry as a clean and sustainable fuel source. Major companies in the market offer green methanol for power generation applications with technologically advanced features. For instance, in September 2022, Sanlorenzo and Rolls-Royce announced to develop and build a large luxury yacht equipped with a meth...

Glycerol Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

  Over the years, glycerol played a key role in the manufacturing of a range of essential products whether it’s food or pharmaceutical drugs. It is expected that as the global end-use industry is showcasing robust growth owing to changing market dynamics including growing income, large and growing population, urbanization, and changing people lifestyles, the demand for glycerol would grow as well. Besides this, in the last several years, increasing focus on sustainability has had an impact on the glycerol market as well. Increased output from biodiesel has resulted in a surge in the supply of crude glycerol. However, since crude glycerol does not meet the requirement of USP certification has limited application areas . According to UnivDatos Market Insights (UMI) ’ research report “Global Glycerol Market ” , the market is expected to showcase a growth of around 6% during the forecast period. Rising demand from major end-use industries like food & beverage, personal care ...

Flat Glass Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

Over the years, the demand for flat glass has showcased considerable growth as a result of increasing demand from architectural and automotive applications. In the last couple of decades, the world has witnessed the development of some of the biggest skyscrapers and mega projects which used flat glass on a major scale both for internal and external purposes. Further, after a long time, in 2021, the automobile industry has showcased the positive momentum in vehicle production which in turn provides a sense of relief to all the automobile suppliers including flat glass manufacturers. Besides all this, increasing investment in the solar-based renewable energy project is creating new growth opportunities for the market players . According to UnivDatos Market Insights (UMI) ’ research report “Global Flat Glass Market ” , the market is expected to showcase a growth of around 6% during the forecast period. A large and growing construction industry owing to increasing investment in the inf...

Anti-Wear Additives Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

  Anti-Wear Additives are lubricants that react with the metal surface at elevated temperature and pressure ambiance by forming a protective shield between metal surface which prevent metal surfaces from wearing under the boundary of lubrication condition. Anti-wear additives chemically react with the surface to form a low-shear-strength coating. The Anti-Wear Additives Market is expected to grow at a steady rate of around 3% in the forecasted period . Anti-wear additives are generally used under mild conditions of low loads and high speeds to reduce the rate of continuous and moderate wear. The additive helps coat the application surface to protect the metal from wear over time. Factors such as surging demand for anti-wear additives across various end-user industries, especially automotive industries propelling the market for anti-wear additives. Increasing automotive production with a growing fleet of vehicles is fueling the market growth, owing to its extensive consumption of...