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  The global pressure vessels market size is expected to reach USD 250.6 billion by 2027 registering a CAGR of 5.2%, according to a new report by Grand View Research, Inc. The growing demand for pressure vessels in chemical & petrochemical and oil & gas industries is expected to drive market growth. Pressure vessels are containers used to hold high-pressure gases and liquids in various application industries including petrochemicals, chemicals, natural gas storage systems, nuclear reactor vessels, distillation towers, and hot water storage tanks. The ever increasing need for energy is anticipated to propel the product demand in various application industries. Increasing chemical demand from various end-use industries is encouraging new capital investment in chemical industry. The production capacity of chemicals is expected to increase on account of setting up of new chemical facilities. This is expected to augment the demand for various types of pressure vessels and sto

  The global rechargeable poly lithium ion battery market size is expected to reach USD 197.9 billion by 2027 , according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.0% from 2020 to 2027. Growing sales of electric vehicles and variation in customer’s preferences are expected to boost the market growth. The market has become the dominant battery market for consumer electronic devices and is assured to become routine place for transportation, industrial, and power-storage systems. From a technological point of view, because of high energy density, demand for rechargeable poly lithium ion batteries has been driven by rapid growth of portable electronic equipment, such as laptops, mobiles, and digital cameras. Additionally, product demand has been enhanced by the anticipation that rechargeable batteries will play as an important alternative energy technology used in electric bikes (e-bikes), hybrid vehicles, stationary energy storage, electric vehicles (EVs

  The global military personal protective equipment market size is expected to reach USD 28.33 billion by 2027 , registering a CAGR of 11.3% during the forecast period, according to a new report by Grand View Research, Inc. Rising focus of defense agencies to ensure soldier survivability is projected to drive the demand for personal protective equipment (PPE) in armed forces. U.S., France, China, India, and Saudi Arabia were the major spenders on protective equipment for armed forces and accounted for around 60% of the global military spending in 2020. Increased spending on military activities by various governments coupled with a rising number of military recruits is anticipated to boost the demand for PPE over the forecast period. PPE has become the crucial element in soldier safety. Military personal protective equipment are used to provide protection from severe damage caused due to interaction with physical, radiological, chemical, mechanical, electrical, or any bio-hazard.

  The global functional ingredients market size is projected to reach USD 105.64 billion by 2027 , according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.4% from 2020 to 2027 . Growing demand for healthy food with high nutritional value is anticipated to augment the market growth over the forecast period. The demand for nutraceuticals & functional foods is expected to witness an upward surge owing to consumers opting for immunity boosting supplements during the COVID-19 pandemic. Furthermore, a decline in the consumption of poultry, meat and seafood products across the globe is expected to increase the demand for plant and animal-based protein supplements in the near future. The report will account for Covid19 as a key market contributor. Functional ingredients are considered to be natural ingredients that possess health-promoting, disease-preventing, and energy-boosting properties. Owing to the tremendous advantages offered by the said ingredients, t

  The global water free urinals market size is expected to reach USD 653.7 million by 2027 , according to a new report by Grand View Research Inc., expanding at a CAGR of 11.2% from 2020 to 2027 . Growing consumer awareness regarding importance of water conservation, coupled with rising adoption of green building standards across the world, is expected to drive the market. Rising demand for offices and retail spaces in countries, such as China, India, and Indonesia, is fueling the growth of the commercial construction industry. Moreover, growing emphasis on reducing the operating costs of offices and retail spaces is projected to drive the demand for water free urinals over the forecast period. Growing demand for ceramics in the automotive and electronics applications is expected to be a key concern for market players. As a result, market players are exploring the potential to use ceramic waste, such as discarded sanitary ware waste and rejected samples, as a source of raw materia

  The global unidirectional tapes market size is expected to reach USD 517.9 million by 2027 , registering a 14.0% CAGR , according to a new report by Grand View Research Inc. The rapidly rising demand for technologically advanced and fuel-efficient aircraft is expected to improve the application of the product in the aerospace and defense sector, thereby drving the overall market. The mining industry accounts for a vital share of the global economy and is responsible for supplying key raw materials for several applications and end-use industries, thus being a key sector of focus amidst the ongoing pandemic outbreak. Mining industries in China are expected to return to normal operations by Q3 of 2020 as enterprises indicated towards the returning of their workers soon. Moreover, Iron ore producers are known to be the least impacted. Major players such as BHP and Vale reported experiencing no major influence on their operations due to the COVID-19 virus. The iron ore prices reached a