Global Industry News

How Will Surge in Disposable Income Drive Polyimide Film Demand?

Statistics Canada states that the household disposable income of the country increased from $ 1,272,838,000,000 in 2019 to $1,399,546,000,000 in 2020. Moreover, the OECD estimates that the average household net adjusted disposable income per capita of Switzerland stands at $37,466...
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Why Is Electronics Industry Using Liquid Crystal Polymers?

The increasing demand for electronic devices globally is propelling the requirement for liquid crystal polymers. Smartphones, computers, LED TVs, and microwaves have become part of almost every urban household due to the increasing per capita income and growing population in...
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How Does Anti-Counterfeit Packaging Technology Help in Tracking Shipments?

Solutions for ensuring the secure and safe packaging of products, aiming to reduce brand infringement and counterfeiting, are being widely adopted by various sectors. Such anti-counterfeiting solutions are being integrated with advanced technologies to allow for the smooth shipment...
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Why Is Cut-Size Uncoated Freesheet Paper Important in Education Institutes?

In a way, paper helps in the growth of the global economy as It is used in almost all places, such as offices, factories, and homes. Moreover, the surging number of educational institutions has provided a lucrative growth opportunity to paper manufacturers. Even now, paper is...
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Asian Charcoal Briquettes Market To Progress At Over 6% CAGR during 2020–2024

The Asian charcoal briquettes market was valued at $952.5 million in 2019, and it is predicted to reach a revenue of $1,158.4 million by 2024. According to the estimates of the market research company, P&S Intelligence, the market will demonstrate a CAGR of 6.2% from 2020...
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Why is Demand for Mechanical, Electrical, and Plumbing Services Soaring in U.A.E.?

With the expansion of the hospitality industry, primarily because of the surge in the travel and tourism industry, the demand for mechanical, electrical, and plumbing (MEP) services is rising sharply in the U.A.E. In recent years, the launch of various tourism development programs...
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300–450 TBN Calcium, Barium, and Magnesium Sulphonates Market Value To Grow At 10.9% CAGR during 2020–2030

The 300–450 TBN calcium, barium, and magnesium sulphonates market revenue is predicted to rise from $73.5 million in 2019 to $231.2 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market will demonstrate a CAGR of 10.9% from...
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India Industrial Aerosol Market To Generate $115.85 Million Revenue by 2030

A number of factors such as rapid industrialization, rise in use of aerosol in automobiles factories and aftermarket, surge in the number of government initiatives for research and development (R&D), and high growth in the manufacturing sector, and rise in disposable income...
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Self-Healing Materials Market To Boom in Europe in Coming Years

The global self-healing materials market revenue stood at $1.1 billion in 2020 and it is predicted to rise rapidly from 2021 to 2030 (forecast period). The growing use of self-healing materials in the healthcare, electronics, and automotive industries, their better long-term...
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Discovery of Shale Gas Reserves Will Facilitate Proppant Consumption

The World Shale Resource Assessments released by the U.S. Energy Information Administration (EIA) estimates that Canada, the U.S., Mexico, Australia, Brazil, Russia, Germany, the U.K., South Africa, China, India, and Thailand have 572.9 trillion cubic feet (TCF), 622.5 TCF,...
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Why Are Appearance-Conscious Patients Preferring Surgical Glue?

With the increasing prevalence of acute and chronic diseases, surgery volume is increasing globally. Surgeries are conducted for therapeutic purposes, as well as diagnostic purposes (such as laparotomies). Moreover, many people go under the knife just for aesthetic purposes....
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Why are Worldwide Sales of UV Metalized Caps and Closures Booming?

The burgeoning requirement for metalized caps and closures in the cosmetics industry and soaring need for foods and beverages, especially in developing countries, on account of the rising disposable income of people, are the major factors driving the demand for UV metalized...
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High Disposable Income To Fuel Automotive Refinish Coatings Sale in Indonesia

The Central Bureau of Statistics, the U.S., states that the per capita disposable income of Indonesia surged from IDR 38,555.200 in 2017 to IDR 41,287.100 in 2018. The rising mounting disposable income of people has led to a significant surge in the purchasing power of people...
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How Will Investments in Agrarian Sector Drive Agricultural Adjuvants demand?

The United Nations Department of Economic and Social Affairs (UNDESA) forecasts that the world population will surge from 7.6 billion in 2017 to 8.6 billion by 2030, 9.8 billion by 2050, and 11.2 billion by 2100. As per the UNDESA, the global population is increasing by approximately...
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Increasing Production of Generic Drugs Propelling Chlorobenzene Demand

The mushrooming use of chlorobenzene in the chemical industry is one of the major factors fueling its sales across the globe. Chlorobenzene is extensively used as a solvent in the synthesis of insecticide and pesticide formulations, organic chemicals, nitrobenzene, drugs, di-phenyl...
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