Asia-Pacific electric vehicle plastics market is projected to grow at a significant CAGR during the forecast period (2020-2026). The growth in the electric vehicle industry further provides a significant opportunity for the market in the region. As per the IEA, the global stock of electric passenger cars passed five million in 2018. Out of this, around […]
Category Archives: Plastic & Polymer
The global MS polymers market is anticipated to grow at a CAGR of 6.8% during the forecast period (2021-2027). The supportive government policies for the protection of the environment are expected to fuel the market growth of MS polymers. For instance, the North American and European countries have implemented regulations for the use of solvent […]
The US plastics market will see a considerable growth of 2.5% during the forecast period. The demand for plastics from the continuously growing end-use markets will boost the growth of the plastics industry in the US. The food packaging industry is growing at a substantial rate in the US owing to the growing export of […]
North American data visualization tools market is anticipated to grow at a CAGR of 12.5% during the forecast period (2021-2027). The attributable factors contributing to the growth of the market include the presence of data visualization tools companies and well-developed IT industry in the region. According to the cyber state organization, there are 525,000 software companies […]
The global market for electric vehicle plastics is expected to grow at a significant CAGR during the forecast period. The rising requirement for lightweight plastics in electric vehicles, as well as the expanding demand for electric vehicles, are driving the electric vehicle plastics market. The electric car sector relies heavily on lightweight polymers. Due to […]
The global athletic footwear market is anticipated to grow at a CAGR of 4.0% during the forecast period (2021-2027). The market growth is mainly attributed to an increase in awareness and importance among people for fitness activities across the globe. As per the reports of the Bureau of Labor Statistics (BLS), from 2011 to 2015, […]
The global polybutylene succinate market is anticipated to grow at a considerable CAGR of 9.3% during the forecast period (2021-2027). The market growth is mainly attributed to the growing need for PBS across the globe in several industries. PBS has high compatibility with fibre and is widely used in the plastic industry as it has higher crystallinity […]
The global automotive tire market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). The key companies across the globe are highly inclined towards the adoption of different growth strategies including capacity expansion, mergers and acquisitions, new product launches, and product innovation to remain competitive in the marketplace. For instance, in […]
The global polymer stabilizer market is anticipated to grow at a CAGR of 4.8% during the forecast period (2021-2027). Polymer stabilizer is a chemical substance that is added to polymeric materials such as plastic to slow down the degradation of plastics. Plastic becomes useful when polymer stabilizer has added the useful life span of plastic […]
The global market for the HDPE drum is anticipated to grow at a significant CAGR during the forecast period. HDPE drums improve operational efficiency and effectiveness while moving large amounts of liquid commodities. Chemicals, wines, fruit juices, and other non-hazardous goods are shipped in HDPE drums, which are cost-effective transport packing solutions. The use of […]