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Bioplastics Market Trends, Size, Industry Share, Demand, and Business Insights to 2026

Bioplastics Market Trends, Size, Industry Share, Demand, and Business Insights to 2026

The global bioplastics industry share size is expected to experience…

Nitesh Vhaval
Aug 2022
Intermediate
1 vote
Bio-based Chemicals Market Size by Global Major Companies Profile, and Key Regions 2028

Bio-based Chemicals Market Size by Global Major Companies Profile, and Key Regions 2028

The global Bio-based chemicals industry size amounted to USD 73.16 billion…

Nitesh Vhaval
Aug 2022
Intermediate
1 vote
Plastic Compounding Market Size, Share, Analysis, Overview, Key Players Profiles, Trends, Development, Price, Segmentation, Research Report, Demand, Growth, Outlook and Forecast 2021-2026

Plastic Compounding Market Size, Share, Analysis, Overview, Key Players Profiles, Trends, Development, Price, Segmentation, Research Report, Demand, Growth, Outlook and Forecast 2021-2026

The global plastic compounding industry share size is set to gain traction from their increasing usage in the automotive and packaging industry. Besides, construction activities in emerging economies are increasing at a fast pace. In addition to that, ongoing technological advancements in the electrical and automotive industries would affect the market positively in the coming years. The demand for these products is also growing from the food and beverage industry as they help in reducing quality degradation and contamination. As per the report, the plastic compounding market size stood at USD 52.74 billion in 2018. It is set to reach USD 87.11 billion by 2026, thereby exhibiting a CAGR of 6.5% during the forecast period. Automotive & Transportation Segment to Hold the Highest Share Backed by Extensive Usage of Compounded Plastics In terms of application, the market is grouped into consumer goods/lifestyle, infrastructure & construction, industrial machinery, packaging, automotive & transportation, electrical & electronics, and others. Amongst these, the automotive and transportation segment is set to hold the largest plastic compounding market share during the forecast period. This growth is attributable to the increasing usage of compounded plastics in this industry. They lower the overall weight of the vehicle, which further increases the life and efficiency of the vehicle components. The infrastructure and construction segment held 14.6% share in 2018. Drivers & Restraints- Increasing Number of Commercial & Residential Projects to Augment Growth Nowadays, plastics are being used extensively in the insulation of infrastructures and buildings. Several products required for construction are made mainly by utilizing plastics. These include pipes, cables, doors, safety windows, and flooring. Compounded plastics possess numerous features that are similar to steel. They are resistant to harsh environmental conditions and rust, have robust strength, and are smooth in texture. In today’s world, the population is growing at a rapid rate across the globe. It is, in turn, upsurging the number of residential and commercial projects. Coupled with this, the rising awareness programs about state-of-the-art interiors are growing amongst the consumers. These factors are set to augment the plastic compounding market growth during the forthcoming years. However, the prices of raw materials required to produce compounded plastics keep on fluctuating. It may obstruct the market growth. Regional Analysis- Asia Pacific to Dominate Owing to High Demand for Low Emission Vehicles Geographically, the market is divided into Europe, Asia Pacific, the Middle East and Africa, North America, and Latin America. Amongst them, Asia Pacific is anticipated to generate the highest plastic compounding market revenue in the coming years. The majority of this growth would be contributed by China and India, mainly because of the rising demand for low emission vehicles. It is helping the automotive sector to expand. Asia Pacific is considered to be the largest producer of construction, automobiles, industrial machinery, electrical & electronics, and packaging materials. Coupled with this, the ongoing economic development and growing industrialization are set to impact the market positively in this region. The U.S. in North America previously held the largest share stoked by high demand for plastic compounding from healthcare & pharmaceutical, as well as electrical & electronics industries. The region procured USD 10.02 billion market share in 2018. In Europe, Germany is likely to be the main contributor of growth on account of the rising production of electric vehicles. Browse Detailed Research…

Nitesh Vhaval
Jul 2022
Intermediate
1 vote
North America Hot Melt Adhesives Market Size, Share & Global Outlook and Forecast

North America Hot Melt Adhesives Market Size, Share & Global Outlook and Forecast

The North America hot melt adhesives Industry share size stood at USD 1.86…

Nitesh Vhaval
Aug 2022
Intermediate
1 vote
Eggplant Rollatini

Eggplant Rollatini

A ricotta cheese filling rolled up in eggplant slices baked in a tomato sauce and topped with mozzarella.

YepRecipes
Jul 2022
Intermediate
1 vote
Waldorf Salad

Waldorf Salad

This is a perfect crispy and crunchy salad. It's a great combination of grapes, walnuts, yogurt, lemon, mayonnaise. Pretty healthy and delicious.

Fresh Express Online
Aug 2022
Professional
1 vote
Refinery Catalyst Market Share, Trends, Revenue, Segmentation, Research Report, Demand, Outlook and Forecast by 2028

Refinery Catalyst Market Share, Trends, Revenue, Segmentation, Research Report, Demand, Outlook and Forecast by 2028

The globalRefinery Catalyst Industry…

Nitesh Vhaval
Jul 2022
Intermediate
1 vote