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Showing posts from March, 2021

Biochar Market Size Worth $3.1 Billion By 2025 | CAGR: 13.2%

  The global  biochar market  size is estimated to reach USD 3.1 billion by 2025, according to a new report by Grand View Research, Inc.. It is expected to expand at a CAGR of 13.2% over the forecast period. Globally increasing demand for the product in organic farming has been a major factor influencing the growth. In addition, increasing consumption in livestock feed and awareness pertaining to benefits of biochar as soil amendment are expected to drive the demand. Biochar is an evolving industry and is anticipated to become a major influencing factor in increased crop yield and productivity of the agriculture sector. It improves soil fertility and provides necessary nutrition to crop. Moreover, applications in energy production and greenhouse gas remediation are expected to provide new revenue opportunities to the sector. For sample report please visit @:- https://www.grandviewresearch.com/industry-analysis/biochar-market The market consists of organized and unor...

Polyacrylamide Market Size Worth $6.8 Billion by 2025

The global  polyacrylamide market  size is expected to reach USD 6.8 billion by 2025, expanding at a CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing penetration of the product in water purification activities as a flocculating agent is expected to propel the demand for polyacrylamide. The market is highly influenced by the availability of raw material and fluctuating price trends. The prices of polyacrylamide are likely to grow over the forecast period owing to rising crude oil prices, which are further impacting the acrylamide, acrylic acid, and acrylonitrile prices. As a result, the market players are likely to integrate the value chain to reduce their dependency on the raw material supplier and increase profit margins. For sample report please visit @:- https://www.grandviewresearch.com/industry-analysis/polyacrylamide-market SNF, BASF, and Kemira are few of the top polyacrylamide manufacturers. The multinationa...

Low Profile Additives Market Worth $1.71 Billion by 2025

  The global  low profile additives market  size is expected to reach USD 1.71 billion by 2025, expanding at a CAGR of 7.4% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand for low shrinkage and surface finished plastic products is likely to drive the demand for Low Profile Additives (LPA). Demand for low profile additives is anticipated to witness significant growth in the forthcoming years on account of expanding automotive industry in Asia Pacific and North America. Increasing application of Polyvinyl Acetate (PVA) low profile additives in headlamp reflectors, lighting systems, and under the hood components is likely to drive growth of the low profile additives market. On the down side, fluctuation in raw material prices is expected to hinder the growth over the forecast period. An increase in raw material prices could result in a surge in cost of production, thereby affecting LPA prices. For sample report please visit...

Ceramic Matrix Composites Market Size Worth $7.72 Billion By 2025

The global  ceramic matrix composite market  size is anticipated to reach USD 7.72 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 12.9% during the forecast period. Properties of Ceramic Matric Composites (CMC) including superior wear and corrosion resistance coupled with light weight and higher strength retention at elevated temperatures has generated demand from the defense, aerospace, and automotive sectors. Increasing fuel prices coupled with growing focus on energy conservation has generated the need for lightweight components to improve fuel efficiency. The U.S. Environmental Protection Agency (EPA) and the Department of Transportation-administered National Highway Traffic Safety Administration (NHTSA) have outlined standards to reduce the vehicular emissions and to enhance fuel efficiency. Moreover, governments in the European Union (EU), China, U.S., Japan, Canada, Mexico, Brazil, South Korea, and India h...

Pet Food Packaging Market Worth $16.50 Billion By 2025

The global  pet food packaging market  size is projected to reach USD 16.50 billion by 2025, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Pet food packaging is becoming increasingly popular among pet food manufacturing companies focusing on capturing brand loyalty. The industry has evolved over the years with both international and domestic packaging suppliers looking to offer scientifically advanced and developed materials/ products to their clients. The upshot of offering packaging solutions, however, remains to protect the aroma, freshness, flavor, and shape of packaged products. The industry is likely to witness high penetration in the cat food packaging space. The number of cat owners across the globe has considerably risen over the years. This, in turn, has been fueling the demand for effective packaging products, most notably in the wet cat food segment. Despite the dominance of the dog food packaging segment in the overall mar...

Hermetic Packaging Market Worth $5.02 Billion By 2025

The global  hermetic packaging market  size is projected to reach USD 5.02 billion by 2025, growing at a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. Hermetic packaging market is expected to witness high penetration in military & defense applications over the forecast period. Growing defense expenditure and active research in military applications are anticipated to drive the demand for the product. Hermetic packaging is also likely to witness high penetration in aeronautics & space application. High-capital projects and steady innovation & research in aeronautics & space sectors are expected to create a positive scope for market development over the forecast period. Growing use of optical fiber devices in telecommunications is expected to further augment the demand for hermetic packages. Hermetic packaging helps in protecting optical fibers from harmful gases, extreme temperatures, etc., which is likely to b...

In-car Infotainment System Market Size Worth $37.6 Billion By 2025

The global  in-car infotainment market  size is expected to reach USD 37,628.2 million by 2025, registering a CAGR of 12.6% from 2019 to 2025, according to a new study by Grand View Research, Inc. Smartphones happen to be the most prominently-used connectivity gateways for an infotainment system. Hence, any growth in the adoption of smartphones across the globe is anticipated to have a significant impact on the in-car infotainment system market. The rising demand for enhanced driving experience is predicted to drive the growth of the in-car entertainment industry over the forecast period. The increasing focus on driver comfort and convenience has prompted car manufacturers to develop cutting-edge in-car infotainment products. In-car infotainment systems offer innovative features such as real-time traffic updates, Bluetooth connectivity, voice control, and navigation information. These features provide the driver with comprehensive vehicle information to enhance dri...

Electric Mobility Market Size Worth $489,315.6 Million By 2025

  The global  electric mobility market  size is expected to reach USD 489,315.6 million by 2025 and register CAGR of 21.6% from 2019 to 2025, according to a study conducted by Grand View Research, Inc. Electric mobility, or E-Mobility or Electro Mobility is increasingly accounting for a significant share of the global automotive industry and is changing the way mobility as a concept is conceived by the end-user. Governments across the globe are proactively adopting strategies promoting the adoption of electric vehicles (EVs) with an aim of reach the goals related to climate change, dependence on oil, local air quality, and industrial development. Government initiatives aimed at reducing the global carbon footprint by minimizing the consumption of conventional fuel, bringing down the cost of environment-friendly and high-capacity batteries, and the growing consumer preference for shared mobility are expected to drive the market over the forecast period. For samaple copy ...