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Showing posts from October, 2021

Packed Pickles Market Projected To Exhibit Robust CAGR of 3.5% For The Forecast Period From 2019 To 2025: Grand View Research Inc.

  The global packed pickles market size is expected to reach USD 10.1 billion by 2025 , according to a new report by Grand View Research, Inc., registering a 3.5% CAGR over the forecast period. Increasing demand for cross-cultural cuisines on a global level has played a crucial role in expanding the market scope of packed pickles over the years. Innovative flavors in the premium category is a lucrative opportunity for players to capitalize on through 2025. On the basis of product, the fruits segment dominated the market in 2018 with a share of over 46.0%. Fruits such as peaches, pears, mangoes, apples, olives, grapes and currants, and various berries are used to make a variety of packed pickles. Unripe or raw fruits soaked in a vinegar solution or sugar syrup have a distinctive taste and texture. Often, spices such as cloves, cinnamon, and allspice are added in the preparation of fruit-based pickles to elevate the flavor. The vegetables segment is projected to exhibit the fastest g

Industrial Adhesives Market Size Is Poised To Reach $71.32 Billion By 2025: Grand View Research Inc.

  The global industrial adhesive market size is anticipated to reach USD 71.32 billion by 2025 , according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.9% over the forecast period. The market is majorly driven by the growing demand from the medical industry. Medical is projected to be fastest growing application of industrial adhesives owing to their increasing use for surgical purposes. Acrylics are increasingly replacing sutures and staples used for treating wounds. Moreover, polyvinyl acetate is being increasingly used in medical packaging. The growing medical industry is likely boost the demand for adhesives over the coming years. Packaging made of paper, cardboard, and other materials utilizes industrial adhesives to bind and seal the packaged product to avoid leakage or damage. Poly vinyl acetate is used in laminating cardboard with paper to add some kind of product information on the packaging and create an alluring appearance. The growing demand

Structural Adhesives Market Likely To Touch At $29.32 Billion By 2025: Grand View Research Inc.

  The global structural adhesives market size is expected to reach USD 29.32 billion by 2025 , according to a new report by Grand View Research, Inc. expanding at a CAGR of 6.4% over the forecast period. Increasing production of vehicles and aircraft are anticipated to boost the growth of the market.   Replacement of fasteners with advanced adhesives is anticipated to open new market opportunities for vendors over the coming years. Fabricators in aerospace, automotive, wind energy, marine, and other industrial sectors are likely to shift to bonding products in the future. Moreover, the use of these products in industrial applications is also beneficial in the reduction of cost and fast cycle time. Sustainability is another major driving force in the global structural adhesives market. Adhesives are increasingly being used to create lightweight cars to reduce fuel emissions and to construct energy efficient buildings, which are expected to boost demand for bio-based polymers extra

Measurement While Drilling Market Size Is Poised To Reach $21.8 Billion By 2027: Grand View Research Inc.

  The global measurement while drilling market size is expected to reach USD 21.8 billion by 2027 , expanding at a CAGR of 7.8%, according to a new report by Grand View Research, Inc. The increasing number of exploration and production projects along with the growing need for well testing operations requiring the use of technologically advanced drilling techniques that provide real-time downhole data transmission will drive the market. Recovery in oil prices has motivated oil producers to drill unconventional wells and to explore untapped oil fields to fulfill the increase in oil demand. Measurement while drilling tools transmit real-time formation evaluation measurements to the surface enabling the operators to achieve accurate well placement through efficient drill bit steering, thereby provides a potential growth landscape for the market. Rising investments toward technological advancements with an aim to enhance drilling efficiencies is likely to stimulate market growth. Rece

Catalyst Market Likely To Touch At $48.0 Billion By 2027: Grand View Research Inc.

  The global catalyst market size is expected to reach USD 48.0 billion by 2027 , expanding at a CAGR of 4.4%, as per a new report by Grand View Research Inc. Increasing the manufacturing of polymers is projected to play a vital role in the growth of the market. In addition, the presence of regulations supporting the manufacturing and use of catalysts is expected to augment market growth over the next eight years. With catalysts being prominently used for applications including chemical synthesis, petroleum refining, polymers, and environmental (which includes emission control catalysts amongst others. The beleaguered automotive and construction industry continues to grapple with subdued demand which in turn will directly impact the demand for catalysts. China holds a noteworthy share in automotive production, the factory closures, and shutdown of all related activities has in turn significantly impacted the catalyst demand. There has also been a decline in demand for polymers due