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Showing posts from December, 2023

Pressure Sensitive Adhesive Tapes Market | Unraveling Industry Dynamics, Technological Advancements, and Market Trends

The global  pressure sensitive adhesive tapes market  size is expected to reach USD 92.45 billion by 2030, expanding at a CAGR of 4.9% from 2022 to 2030, according to a new study by Grand View Research, Inc.This growth can be attributed to the increasing use of pressure sensitive tapes as an optimum alternative to conventional adhesives and fasteners due to the globally rising concerns from the automotive industry to ensure light weighting.   Pressure Sensitive Adhesive Tapes Market Report Highlights Packaging tapes accounted for the largest revenue share of over 45.0% in 2021 as they are majorly manufactured with plastic as a backing material owing to its easier tearing ability and superior flexibility The construction segment held a significant revenue share in 2021 owing to robust and durable properties acquired from stronger backing materials The market demand was boosted owing to the global outbreak of the COVID pandemic in 2020. Consumer shopping trends...

Water and Wastewater Treatment Equipment Market | Spotlighting Industry Dynamics, Regulatory Frameworks, and Sustainable Practices

The global  water and wastewater treatment equipment market  size is anticipated to reach USD 90.0 billion by 2030, registering a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. The market is driven by increasing demand for clean and safe water in both developed and emerging economies. This is due to growing concerns over water pollution and scarcity, and the need for effective wastewater management.   Water And Wastewater Treatment Equipment Market Report Highlights Asia Pacific accounted for the largest revenue share of the global market in 2023, accounting for 35.1%, and is expected to maintain its dominance throughout the forecast period. This can be attributed to the presence of a strong consumer base that has led to significant demand for water and wastewater treatment equipment By application, the municipal segment dominated the market with a revenue share of 66.0% in 2023. The increasing initiatives u...