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  The North America building thermal insulation market size is expected to reach USD 13.83 billion by 2027 , according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 2.7% in terms of revenue during the forecast period. Rising consumer awareness, demand for thermal insulation materials, and favorable regulations owing to the focus on lowering the overall energy consumption are the factors expected to drive market growth. The market players focus on increasing its market share through organic growth. The companies indulge in the expansion of their product portfolio by developing cost-effective insulation products with enhanced properties and expanding their manufacturing capabilities to cater to the ascending product demand worldwide. Numerous local and international players in the market provide raw materials for thermal insulating components. Extensive production facilities and high capital investments result in high volume production

  The global vetiver oil market size is expected to reach USD 88.0 million by 2027 , expanding at a revenue-based CAGR of 9.4%, according to a new report by Grand View Research, Inc. The market is expected to witness surging product demand owing to its increasing applications in pharmaceutical, food and beverage, and fragrance. The growing use of the product in the fragrance industry is expected to boost market growth over the forecast period. It also has widespread usage in varied fragrance products including perfumes, deodorants, cosmetics, lotions, soaps, and scented toiletries. R&D related to the synthesis of the molecules present in the product particularly is expected to provide a unique odor to this product and thereby increase its usage in the fragrance industry. Vetiver oil has widespread usage in medical applications such as the treatment of gout, arthritis, muscle aches, cramps, and rheumatism, which is further expected to favorably impact market growth. Furthermore,

  The North America PVC films market size is anticipated to reach USD 2.7 billion by 2027 , according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.6% from 2020 to 2027 . The adoption of Polyvinyl Chloride (PVC) films in the packaging of food and beverages is increasing as these films provide a cost-effective and flexible packaging solution to the consumers. Food and beverage is the most prominent market for the packaging industry. Growth in the population (via immigrations), rise in the working women population, increase in disposable income, and hectic work-life schedules have macroeconomically boosted the demand for ready-to-eat food products, packaged meals, and outdoor dining. North America is considered to be one of the major and technologically advanced regional markets for PVC films as compared to other regions, such as the Asia Pacific and Africa. The recent outbreak of COVID-19 has resulted in the slowdown or halt in manufacturing activities, res

  The global biocides market size is expected to reach USD 10.5 billion by 2027 , as per a new report by Grand View Research Inc., expanding at a CAGR of 3.9% from 2020 to 2027 . The market is expected to be majorly driven by the growing demand from the water treatment, wood preservation, and paints and coating applications across the globe. A significant rise in the adoption of high-performance chemicals to enhance the durability and shelf life and prevent deterioration caused by microorganisms, such as bacteria, viruses, and fungi, has driven the consumption of biocides across the end-use industries. Biocides are classified as oxidizing or non-oxidizing, depending on their mechanism of action against microbial growth. Acids, bases, quaternary ammonium compounds, chlorine, aldehydes, and peroxygen compounds among others are the key feedstock chemicals used in their formulations. The growing prominence of bio-based feedstock, especially in highly regulated countries, such as the U.S

  The global household beauty appliances market size is expected to reach USD 8.86 billion by 2025 registering a CAGR of 5.3%, according to a new report by Grand View Research, Inc. Growing demand for advanced beauty appliances is anticipated to be the major driving factor for the market. Rising awareness about the benefits of using beauty appliances for the treatment of various skin and hair related problem is also expected to boost the product demand. The haircare segment accounts for the major market share on account of increasing cases of hair problems, such as frizzy and dry hair. Facial care is anticipated to be the fastest-growing segment due to growing awareness about facial care. Covid 19's rapid development worldwide has led to serious implications for most suppliers of electronics and electrical products, in the form of supply chain disruptions. While the pandemic crisis has decreased the frequency of purchase of consumer appliances, the lead time for delivery of or

  The global silicon metal market size is expected to reach USD 8.67 billion by 2027 , according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.6% from 2020 to 2027 . The industry is expected to be driven by rising installations of photovoltaic cells, strong demand from aluminum producers, and increasing demand from semiconductor manufacturers. About 44% of the total silicon metal output is used for the production of aluminum alloys. The addition of the product to the aluminum production process minimizes shrinkage and cracking and improves castability. The recent trend indicates aluminum being used as an alternative to steel and other metals to manufacture lighter weight automotive parts to attain fuel efficiency. This is a positive sign for the market. Asia Pacific dominated the market in 2020 owing to strong domestic demand from China. China is a leader in terms of aluminum production and also has growth potential for silicone manufacturing

  The global medical footwear market size is anticipated to reach USD 12.97 billion by 2027 , according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.7% over the forecast period. Increasing cases of foot-related issues, ankle sprain, ulcers, diabetes, and strain and foot pain owing to obesity are expected to fuel the growth of this market. According to the American Podiatric Medical Association (APMA), in 2018, close to 81% of obese people accepted that they have witnessed foot pain and multiple foot and ankle conditions due to overweight. The men segment led the market and accounted for 57.2% share of the global revenue in 2020. Increasing technological innovation and product launches have been driving the demand for medical footwear. For instance, in 2020, Footwear Unlimited, Inc. brand Baretraps introduced comfortable shoes with Posture+ technology that help the wearer to correct the posture and reduce strain and pressure on knees, toes, and ankle. The s