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  The global sebacic acid market size is projected to reach USD 327.3 million by 2025 , according to a new report by Grand View Research, Inc. The global market is projected to register a CAGR of 3.7% during the forecast period. Increasing demand for new and improved cosmetics and rising demand for biodegradable polymers in automotive, packaging, and other industries is driving the market. Sebacic acid is one of the most popular cosmetic ingredients, as it is classified under non-hazardous chemicals and has multiple properties to suit skincare products, such as sun-screens, foundations, and concealers. China is the largest producer of sebacic acid across the world. The recent outbreak of COVID-19 has resulted in the disruption of sebacic acid supply across the world. Moreover, India is a major producer of castor oil, which is a key raw material in the production of sebacic acid. The decline in the demand for castor oil from China has resulted in a reduction in the price of castor s

  The global plastic packaging market size is projected to reach USD 320.94 billion by 2027 , registering a revenue-based CAGR of 4.0% over the forecast period, according to a new report published by Grand View Research, Inc. The market is majorly driven by the growing demand for plastic packaging from the food and beverage and industrial packaging industry. The demand for new houses, cars, and apartments is expected to grow with the rise in the disposable incomes in countries such as U.S, India, and China. High demand for plastic packaging owing to it being one of the major sources of packing essential goods during COVID-19 including gloves, masks, other PPE products as well as food & beverages. Furthermore, relaxation in regulations governing the use of plastics is also expected to aid market growth during the COVID-19 outbreak. We at GVR are trying to quantify the impact of this pandemic on the plastic packaging market. Get your copy now to gain deeper insights on the same.

  The North America Respiratory Protective Equipment (RPE) market size is expected to reach USD 2.86 billion by 2026 , according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.9% over the forecast period. The industry is anticipated to witness growth owing to the stringent regulations and guidelines for employee safety, by various regulatory bodies such as Occupational Safety and Health Administration (OSHA) and Centers for Disease Control and Prevention (CDC). The shortage in supply of raw materials from Chinese manufacturers has resulted in a severe demand-supply gap. The manufacturers are further expected to be stranded on raw material orders owing to the logistics industry being significantly impacted due to lockdown amid COVID-19. However, the producers are expected to move away from China aiming to reduce the future risks that would affect the business and to reduce the manufacturers' cluster in a single country in order to smoothen

  The global matcha market size is expected to reach USD 5.07 billion by 2025 , according to a new report by Grand View Research, Inc. The rising prevalence of chronic diseases has augmented the demand for healthy and nutrient-rich food & beverage alternatives. Anti-oxidant and vitamin-rich composition of matcha tea has fueled the product demand across the globe. The demand for matcha is increasing owing to their superior nutritional as well as immunity-boosting properties. Furthermore, the consumer mindset to follow a healthy lifestyle particularly in these testing times is further expected to enhance the demand for superfoods during the COVID-19 outbreak. We at GVR are trying to quantify the impact of this pandemic on the matcha market. Get your copy now to gain deeper insights on the same. Anti-oxidants, including epigallocatechin gallate (EGCG), prevent diseases such as cancer, Type-2 diabetes, cardiovascular problems. EGCG present in the product can repair DNA damage caus