Thermal Paper Market Segment Analysis By Application, Region And Forecast Till 2030: Grand View Research Inc.

San Francisco, 31 Oct 2023: The Report Thermal Paper Market Size, Share & Trends Analysis Report By Application (POS, Tags & Label, Lottery & Gaming), By Region (Asia Pacific, North America, Middle East & Africa, Europe), And Segment Forecasts, 2023 – 2030

The global thermal paper market size is expected to reach USD 5.56 billion by 2030, registering a CAGR of 4.2% over the forecast years, as per a new report by Grand View Research Inc. This growth is attributed to the rising usage of POS terminals for monetary transactions in applications such as warehouses, supermarkets, and retail outlets.

Thermal papers are majorly used in printing receipts at POS terminals and in the production of tags used by industries such as pharmaceuticals and food and beverages to package and label their end-use products. Thermal papers are preferred over other modes of printing due to the lower cost of production, and maintenance of the printing set-up due to the lack of use of ribbons and ink in the printing process.

The increasing use of retail outlets and supermarkets in developing economies such as China, Brazil, and India are expected to augment the growth of the market during the forecast period. The rising demand for specialty paper in packaging by e-commerce and logistics market players is also expected to help in the market growth. However, rising digitalization and increasing substitute products are expected to restrict the market growth.

Growing demand for food & beverage, FMCG, and electronics goods in the Middle East and African countries considering population growth and urbanization in major markets of Saudi Arabia, UAE, and Qatar is expected to increase the use of POS terminals, tags, and labels. In addition, favorable support for promoting investments at the domestic level is expected to have a positive impact on the market growth in the region.

The market is anticipated to witness strong competition during the forecast period on account of the growing demand for thermal paper from the end-use industries such as ATMs, e-commerce industries, retail, and others. Public and private companies operating in the market are increasingly investing in the development of new products and new manufacturing technologies to optimize the production process. They are also focusing on expanding their production facilities to maintain their supply chain for thermal paper.

Major players in the industry have established production units in different regions to cater to specific geographical locations. They also use other distribution channels in local regions such as agreements with roll-converters to ensure continuous product supply. Manufacturers also engage in direct supply to end-users such as POS and label manufacturers.

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Thermal Paper Market Report Highlights

• POS application segment dominated the market with a market share of 64.3% in terms of revenue in 2022 due to expansions in retail outlets in emerging economies in the Asia Pacific region.
• The tags and labels application segment is expected to show significant growth during the forecast period due to the rising e-commerce sector which has led to a rise in the use of thermal papers for labels and packaging.
• The Asia Pacific dominated the market with a market share of about 34.2% in terms of volume due to the increased investment in the region in manufacturing industries leading to a rise in demand for thermal paper.
• Central and South America are expected to show significant growth during the forecast period due to the rising manufacturing and industrial activities in the region leading to a rise in the use of thermal paper in labeling.
• The market is expected to show slow growth due to the increase in digitalization and reduced use of printing across end-uses such as monetary transactions. The presence of internal substitutes is also expected to hamper market growth.
• The market consists of limited players who control most of the global market. Strategies followed by key players include vertical integration, localized production units, and product innovation to gain a competitive edge in the market. 

Thermal Paper Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 4.15 billion
Revenue forecast in 2030	USD 5.56 billion
Growth rate	CAGR of 4.2% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players of the Thermal Paper Market

• Oji Holdings Corp.
• Appvion Inc
• Koehler Group
• Mitsubishi Paper Mills Ltd.
• Hansol Paper Co. Ltd.
• Gold Huasheng Paper Co. Ltd.
• Henan Province JiangHe Paper Co. Ltd.
• Thermal Solutions International Inc.
• Iconex LLC
• Twin Rivers Paper Company
• Rotolificio Bergamasco Srl
• Jujo Thermal Ltd.

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Thermoformed Plastic Market Segmented On The Basis Of Product, Process, Application, Region And Forecast 2028: Grand View Research Inc.

San Francisco, 31 Oct 2023: The Report Thermoformed Plastic Market Size, Share & Trends Analysis Report By Product, By Process, By Application (Healthcare & Medical, Food Packaging, Automotive, Construction), By Region, And Segment Forecasts, 2023 – 2030

The global thermoformed plastic market size is expected to reach USD 20.66 billion by 2030, registering a CAGR of 4.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Globally, the increasing demand for medical and pharmaceutical products has been an important factor behind the market growth. Also, technological innovations in the manufacturing processes of these plastics are anticipated to advance the market.

The increasing demand for these plastics in various application areas including food packaging, healthcare and medical, electrical and electronics, automotive, construction, and consumer goods & home appliances is expected to propel the market in the coming years. Rapid industrialization, infrastructural developments, and medical activities are expected to boost market growth from 2022 to 2030.

Thermoforming is a procedure in which a plastic sheet is heated to make it flexible and then shaped and formed into the desired shape to make a suitable product. Various methods used to process thermoformed plastics are thick & thin gauge thermoforming, vacuum snapback, and plug assists forming. The thin gauge thermoforming process was the largest segment in terms of revenue in 2021.

High labor costs and fluctuating raw material prices are major factors negatively affecting market growth. Asia Pacific is the fastest-growing regional segment, with potential growth opportunities in countries such as China, India, and South Korea. The rising demand from industries such as automotive, construction, medical, food packaging, and pharmaceuticals in this region is expected to boost the market progress during the forecast period.

North America, led by the U.S., is one of the key regions where thermoformed plastics are manufactured and used across various industries. Also, the presence of key companies such as Peninsula Plastics, Vitalo, and Placon, among others have spurred the regional market growth.

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Thermoformed Plastic Market Report Highlights

• The global thermoformed plastics industry revenue exceeded USD 14.10 billion in 2022 and is expected to expand at a CAGR of 4.9% from 2023 to 2030
• Polypropylene dominated the product segment in 2022, with a revenue share of over 21.9%.
• The thin-gauge thermoformed plastic segment dominated the market in 2022 with more than 35.4% revenue share and is expected to remain the largest process segment through the forecast period.
• Automotive is projected to be the fastest-growing application segment over the forecast period.
• Food packaging was the leading application segment in 2022 with over 42% revenue share and is projected to expand at a moderate rate in the coming years, owing to the increasing consumption of ready to eat food among the global population
• The medical and food packaging industry in the Asia Pacific is projected to witness significant growth in the next few years, owing to various technological developments in the region

Thermoformed Plastic Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 14.79 billion
Revenue forecast in 2030	USD 20.66 billion
Growth rate	CAGR of 4.9% from 2023 to 2030
Base year for estimation	2022
Historical data	2019 – 2021
Forecast period	2023 – 2030

List of Key Players in the Thermoformed Plastic Market

• Pactiv LLC
• Genpak LLC
• Sonoco Products Company
• CM Packaging
• Placon Corporation
• Anchor Packaging LLC
• Brentwood Industries
• Greiner Packaging GmbH
• Dongguan Ditai Plastic Products Co., Ltd
• Palram Americas Ltd.

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North America Food Service Disposable Market Outlook On The Basis Of Material, Packaging Type, Application, Distribution Channel, Country And Forecast to 2028: Grand View Research Inc.

San Francisco, 31 Oct 2023: The Report North America Food Service Disposable Market Size, Share & Trends Analysis Report By Material (Plastic, Fiber-based), By Packaging Type, By Application, By Distribution Channel, By Country, And Segment Forecasts, 2020 – 2028

The North America food service disposable market size is expected to reach USD 31.36 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.9% from 2020 to 2028. The strong penetration of quick service restaurants (QSRs), coupled with the rising popularity of online food delivery services, is primarily driving the North American market.

The convenience of ordering food from restaurants with a single tap on mobile phones has been primarily contributing to the growth of online food delivery services across North American countries. Besides, hefty discounts offered by the delivery platforms, along with multiple payment options, have also been a pivotal factor in the expansion of online delivery services and ultimately boosting demand for food service disposables.

The increasing popularity of food trucks, which use disposables for serving food in the U.S., is additionally fuelling the market growth. Food trucks are gaining significant traction for the past several years in the U.S. on account of a variety of cuisines offered by them at relatively lower prices as compared to restaurants. Food trucks are large-sized vehicles, which are equipped to prepare and sell food. Food trucks gained considerable attention during the 2008 recession in the U.S. as these were selling food at cheaper rates.

The increasing penetration of sustainable products and packaging, along with the rising awareness regarding environment protection, is driving the market. The government in the region is continuously encouraging businesses to increase the penetration of green packaging and imposing strict restrictions on the use of plastic in disposables. This is another factor projected to support the growth of the market over the forecast period.

Key players in the market are focusing on achieving optimal operational costs, enhancing product quality, maximizing production output, and acquisition of small players in order to sustain themselves in the competitive market. Moreover, high investments in R&D for innovating sustainable packaging products including investments in digital printing are a factor considered by the players to compete in the market space.

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North America Food Service Disposable Market Report Highlights

• Based on material, the fiber-based segment is projected to exhibit the fastest CAGR of 5.7% over the forecast period. This growth is mainly attributed to the increasing demand for sustainable packaging products
• On the basis of application, the online segment is expected to witness the fastest growth over the forecast period. The popularity of online food delivery is continuing to grow and in recent years, it has witnessed exponential growth owing to the COVID-19 pandemic, which has positively impacted the online food delivery sector. Convenience is one of the important drivers of the increasing popularity of online food delivery
• The U.S. dominated the North American market in 2020 and accounted for a revenue share of over 80.0%. The country is also projected to maintain its lead throughout the forecast period. Extensive penetration of quick-service restaurants, which are the main consumers of food service disposables, primarily contributed to the high growth of the U.S. market
• Prominent players operating in the market are aiming to adopt sustainable packaging solutions or green packaging. The market players including Graphic Packaging International LLC and Sonoco Products Company are using recycled material from waste products for their end-use disposable products

North America Food Service Disposable Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 25.75 billion
Revenue forecast in 2028	USD 31.36 billion
Growth Raterate	CAGR of 3.9% from 2020 to 2028
Base year for estimation	2020
Historical data	2017 – 2019
Forecast period	2020 – 2028

List of Key Players of North America Food Service Disposable Market

• Graphic Packaging International LLC
• Sonoco Products Company
• Sabert Corp.
• Genpak LLC
• Pactiv LLC
• Interplast Group
• Anchor Packaging Inc.
• Carlisle FoodService Products
• GreenGood USA
• Georgia-Pacific LLC

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Indonesia Bamboos Market Segmented On The Basis Of Product, Application And Forecast 2028: Grand View Research Inc.

San Francisco, 30 Oct 2023: The Report Indonesia Bamboos Market Size, Share & Trends Analysis Report By Product, By Application (Construction, Furniture, Textile, Food, Energy, Pulp & Paper), And Segment Forecasts, 2021 – 2028

The Indonesia bamboos market size is expected to reach USD 2.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. The increasing adoption of bamboo in the construction industry due to its high compressive strength, less weight, and ability to lower carbon emissions is anticipated to drive the growth in its demand, over the forecast period.

The adoption of bamboo in the Indonesian textile industry is expected to rise, owing to increased emphasis by textile manufacturers towards the usage of natural fibers, due to increased preferences by consumers for natural products. Bamboo is one of the most accepted sustainable fibers that textile producers are committed to, owing to its versatility and renewable capabilities, and less cost as compared to cotton and wool.

The bamboos market is expected wise in the energy industry, owing to the government’s emphasis on the adoption of clean energy sources. Bamboo has characteristics such as volatile contents, lower ash, high heat value, and less moisture content, making it very suitable for bioenergy production, thus leading to the growth of Indonesia bamboos market.

Key players including Moso International B.V., EcoPlanet Bamboo, and others dominate the market by offering premium products and integrating across the value chain. The established market players maintain robust relationships with the raw material suppliers and product distributors to ensure a smooth flow of raw materials and products.

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Indonesia Bamboos Market Report Highlights

• The engineered bamboo products segment is expected to witness the fastest CAGR of 7.6% from 2021 to 2028, as they are low-cost products with improved mechanical and physical properties. They also act as an alternative for engineered wood and are utilized where high load-bearing strength is not required
• The construction application segment dominated the market in 2020 and is expected to reach USD 1.2 billion by 2028, as bamboo is being preferred in the construction industry owing to factors such as sustainability, lightweight, compressive strength, and natural appeal
• The product demand was hampered owing to the global outbreak of the COVID pandemic in 2020. Restrictions on operations in industries such as construction, furniture, and pulp & paper, to avoid virus transmission, coupled with restriction on transportation of materials led to disruptions in market growth
• Key players heavily invest in research and development to expand their production capacities, thereby sustaining their market positions. Extending products offerings to customers is also one of the primary strategies employed by the companies

Indonesia Bamboos Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 1.8 billion
Revenue forecast in 2028	USD 2.8 billion
Growth Rate	CAGR of 6.2% from 2021 to 2028
Base year for estimation	2020
Historical data	2017 – 2019
Forecast period	2021 – 2028

List of Key Players of Indonesia Bamboos Market

• PT Bamboo Craft Indonesia
• EcoPlanet Bamboo Group
• Dasso Industrial Group Co., Ltd.
• MOSO International B.V.
• Asali Bali
• SahabatBambu
• Bamboo Mamboo Co., Ltd.
• Dekor Asia Jayakarya
• IBUKU
• Gumi Bamboo

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Europe Carbon Capture Utilization Market Focusing On The Basis Of Application, Country And Forecast 2028: Grand View Research Inc.

San Francisco, 30 Oct 2023: The Report Europe Carbon Capture Utilization Market Size, Share & Trends Analysis Report By Application (Enhanced Oil Recovery, Industrial, And Agriculture), By Country (Germany, France, Netherland, Poland, Austria), And Segment Forecasts, 2020 – 2028

The Europe carbon capture utilization market size is expected to reach USD 3,985.4 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.4% from 2020 to 2028. Increasing applications of CCU in the enhanced oil recovery (EOR) in the oil and gas segment are expected to contribute to the growth of the market. Further, the food and beverages, chemicals, cement, and other industries are anticipated to be the major application segments that are expected to contribute to the growth of the market over the forecast period.

Industrial emerged as the largest market share in 2020 in terms of value for application segment as it is used in the industries such as cement, chemicals, power, steel, food, and beverages to capture carbon and utilize it for a better purpose. In terms of value, cement in the industrial application segment emerged as the largest segment in 2020 as many companies are showing interest in the adoption of carbon capture and utilization technologies in their manufacturing plants in the form of pilot-scale projects to evaluate the technology and economics of carbon capture and recovery, which is expected to contribute to the growth of the market in the coming years.

The demand for carbon dioxide has been experiencing a dip in sectors such as beverage manufacturing as restaurants and bars across Europe have shut operations. Also, reduced demand for oil has resulted in halted operations in oil production in some of the exploration sites of oil & gas vendors that employ carbon dioxide-based EOR techniques. Further, the demand for industrial-grade carbon dioxide has also been on the lower side as industrial activities have slowed down in states badly affected by COVID-19.

However, the demand for CCU for the utilization of carbon dioxide has been on a higher side from medical and fire-fighting applications in Europe. The requirement for a large number of COVID care centers across the country, along with a number of medical applications of carbon dioxide, has resulted in high demand for medical-grade carbon dioxide in the region in recent times. Further, the requirement for fire-fighting equipment in newly developed hospitals and centers and upgrade in safety standards in existing facilities have resulted in increased demand for carbon dioxide in firefighting applications in the country.

Significant technological advancements in non-power sectors, such as petroleum refining, chemical, cement manufacturing, and metal foundry, in mature economies, such as the Netherlands, the U.K., and Norway, have led to the implementation of CCU technologies in small or pilot phases. Such favorable initiatives, coupled with increasing awareness among policymakers across various industrial sectors regarding the benefits of such techniques to curtail CO2 emissions are likely to provide immense opportunities for future investments.

The industrial application segment dominated the market and accounted for a revenue share of 41.6% in 2020. The cement industry emits a significant amount of CO2 during the calcination of limestone (CaCO3) to form CaO, which is the main precursor for cement production. The growing number of regulatory measures undertaken by the local governments to limit carbon emissions has created lucrative opportunities for the carbon capture utilization market.

Moreover, carbon dioxide is widely used for upstream well servicing applications such as hydraulic fracturing and Enhanced Oil Recovery (EOR) applications such as miscible oil displacement in the oil & gas industry. Carbon dioxide is injected into the rock pores to recover crude oil. CO2 is miscible with crude oil and is comparatively less expensive than other similar miscible fluids used for these applications, making it a preferred choice for EOR applications.

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Europe Carbon Capture Utilization Market Report Highlights

• In terms of revenue, the industrial application segment accounted for a prominent share in the market in 2020 and is further expected to witness prominent growth over the forecast period
• As of 2020, Germany accounted for 20.0% revenue share in the overall market. Government initiatives, supporting policies and plans, and availability of funds are some of the factors that are expected to drive the market in the country
• Various strategic initiatives were recorded over the past few years to boost the growth of the market. For instance, in March 2021, Aker carbon capture and Siemens energy joined forces to generate sustainable power. Both companies have signed an MoU to develop a combined offering for the Carbon capture solutions that can be used in gas turbinesand gas power plants. This collaboration will help both companies to explore ways to jointly track the development of major projects across the globe

Europe Carbon Capture Utilization Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 1,216.0 million
Revenue forecast in 2028	USD 3.9 billion
Growth Rate	CAGR of 18.4% from 2020 to 2028
Base year for estimation	2020
Historical data	2017 – 2019
Forecast period	2020 – 2028

List of Key Players of the Europe Carbon Capture Utilization Market

• Aker Solutions
• Equinor ASA
• Fluor Corporation
• Linde Plc
• Mitsubishi Heavy Industries Ltd. (MHI)
• Royal Dutch Shell
• Siemens Energy
• Sulzer Ltd.

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Sodium Nitrite Market Segment Analysis By Application, Region And Forecast Till 2030: Grand View Research Inc.

San Francisco, 27 Oct 2023: The Report Sodium Nitrite Market Size, Share & Trends Analysis Report By Application (Food & Beverages, Pharmaceuticals, Others), By Region, And Segment Forecasts, 2023 – 2030

The global sodium nitrite market size is expected to reach USD 580.8 million by 2030, as per a new report by Grand View Research, Inc. registering a CAGR of 4.2% from 2023 to 2030. The demand is attributed to the increasing demand for preservatives in the food & beverage industry. Preservatives help increase food items’ shelf-life by delaying the spread of pathogens and microorganisms. Thus, sodium nitrite is highly used to enhance the flavor of meat and maintain its original color (making it look more appealing and presentable to consumers), while preventing bacterial growth.

In the pharmaceutical sector, sodium nitrite is a well-known chemical molecule. Its most common application is as an antidote for cyanide poisoning, as it is quite effective even in severe cases. It is used in the production of saccharin and caffeine and is commonly utilized as a raw material and preservative in pharmaceutical formulations like eye drops. Since sodium nitrite contains nitrogen, the product can be utilized as a control agent in a variety of medicines. It is also utilized as a butadiene antifoaming agent and a raw material for aminopyrine and sulpyrine antipyretic analgesics. Thus, multiple applications of the product in the pharmaceutical industry indicate that the growth of this industry is expected to drive the demand for pharmaceutical-grade sodium nitrite in the coming years.

The growing consumer acceptance of processed food in countries like China, India, Japan, and others is likely to bolster the demand for the product in the Asia Pacific. China is the world’s largest consumer of food and beverages. The processed meat market of China majorly includes beef, pork, poultry, mutton, and others, which require the use of sodium nitrite as a preservative, thus driving the demand for the product market.

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Sodium Nitrite Market Report Highlights

• Food & beverages application accounted for the largest market revenue share of over 66% in 2022. The growth is attributed to the increasing demand for the product as a preservative in processed meat and other food items
• The pharmaceuticals segment was the second-largest application and is predicted to attain a CAGR of 4.7% over the forecast period, owing to its ability to act as a raw material or control agent for the development of several medicines used for treating muscular dystrophy, neurotransmission imbalances, epilepsy, and others
• Asia Pacific dominated the regional segment with a revenue share of over 71% in 2022 due to the growth of the meat processing and food & beverage industries in the region
• The increase in population and rising per capita disposable income drive the food and beverage market. According to a China Chamber of Commerce article published in 2020, the beverage market which includes drinks, vegetable juices, and fruits generated revenue of USD 39,330 million, thus driving the demand for the product in the country
• Europe accounted for the second largest market share of over 16% in 2022 due to the changing consumer preference toward processed food over cooked food in the region. In the European Union (EU), sodium nitrite is approved as a food additive and is used to prevent microbial growth in meat, cheese, and fish products as it helps to improve the flavor while protecting it against botulism

Sodium Nitrite Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 433.3 million
Revenue forecast in 2030	USD 580.8 million
Growth Rate	CAGR of 4.2% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players in the Sodium Nitrite Market

• Deepak Nitrite Ltd.
• Airedale Chemical Company Ltd.
• BASF SE
• Shijizhuang Fengshan Chemical Co., Ltd.
• Ural Chem JSC
• Linyi Liguang Chemical Co., Ltd.
• Radiant Indus Chem Pvt. Ltd.
• Yingfengyuan Industrial Group Limited
• SABIC
• Chemtrade Logistics

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Metal Recycling Equipment Market Outlook On The Basis Of Equipment, Region And Forecast to 2030: Grand View Research Inc.

San Francisco, 27 Oct 2023: The Report Metal Recycling Equipment Market Size, Share & Trends Analysis Report By Equipment (Balers, Shredders, Granulators, Shears, Separators), By Region, And Segment Forecasts, 2022 – 2030

The global metal recycling equipment market size is anticipated to reach USD 10.21 billion by 2030 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.1% from 2022 to 2030. The increased need for recyclable metals from a wide range of end-use sectors, along with the increasing output of metallic trash globally, is expected to fuel demand for metal recycling equipment.

Recycled metal is environmentally beneficial and can lower emissions, production costs, and energy consumption; it is becoming more in demand in the food and beverage, construction, electronics, and automotive end-use sectors. Over the course of the projection period, this is thus anticipated to increase demand for metal recycling equipment.

The growing concerns associated with the depletion of non-renewable resources combined with the high manufacturing cost of metals have fueled the demand for metal recycling in a variety of end-use industries. Furthermore, governments in several developing nations are concentrating on upgrading recycling infrastructure, which is likely to increase equipment demand.

Growing concerns related to the depletion of non-renewable resources, coupled with the high manufacturing cost of primary metals, have augmented the demand for metal recycling in various end-use industries. The emergence of modern technologies has proved to be quite effective, in terms of identifying different types of metals, especially ferrous

Metal recycling equipment manufacturers are seeking collaborations, mergers, and acquisitions to expand their product lines and increase production capacity. Manufacturers are also focusing on increasing their manufacturing facilities to accommodate rising demand from end-use industries.

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Metal Recycling Equipment Market Report Highlights

• Baler press accounted for 23.5% of the global revenue share in 2021, due to the adoption of legal frameworks and increased investment in metal recycling services, companies have been able to improve their metal recycling capacities
• The separators accounted for a 22.4% share of the global revenue in 2021 due to the surge in e-waste and the increased attention that market participants are giving to recycling, dumping, and reusing metals to assure sustainability
• Shredders are projected to witness a CAGR of 5.8% over the forecast period, due to the advantages of recycling, such as encouraging firms to use secondary metal production techniques for more cost-effective and environmentally responsible manufacturing
• Asia Pacific accounted for around 42.9% of the global revenue share in 2021, due to the expansion of industrial development and infrastructure projects in developing nations like Malaysia, Vietnam, India, and Thailand
• In October 2021, SA Recycling LLC, located in the U.S., paid USD 290 million for PSC Metals LLC. This acquisition provided SA Recycling with access to PSC Metals scrap metal processing plants in North America, allowing it to expand its capabilities

Metal Recycling Equipment Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 6.90 billion
Revenue forecast in 2030	USD 10.21 billion
Growth rate	CAGR of 5.1% from 2021 to 2030
Base year for estimation	2021
Historical data	2017 – 2020
Forecast period	2022 – 2030

List of Key Players in the Metal Recycling Equipment Market

• Kiverco
• General Kinematics Corporation
• MARATHON
• American Baler Company
• DANIELI CENTRO RECYCLING
• FOR REC S.P.A
• BHS Sonthofen GmbH
• Metso Outotec Corporation
• JMC Recycling Ltd
• LEFORT
• CP Manufacturing, Inc
• Advance Hydrau Tech Pvt Ltd.
• Eldan Recycling A/S
• MHM Recycling Equipment
• Ceco Equipment Ltd.

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Fuel Cells In Aerospace And Defense Market Focusing On The Basis Of Aerospace (Product & Application), Defense (Product & Application), Region And Forecast 2028: Grand View Research Inc.

San Francisco, 27 Oct 2023: The Report Fuel Cells In Aerospace And Defense Market Size, Share & Trends Analysis Report By Product (PEMFC, SOFC), By Application In Aerospace, By Application In Defense, By Region, And Segment Forecasts, 2021 – 2028

The global fuel cells in aerospace market size is expected to reach USD 1,618.33 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 30.6% from 2021 to 2028. Growing awareness regarding alternative sources of energy is one of the major factors contributing to the growth of the market.

The North American market for fuel cells in aerospace and defense is driven by significant support from the federal government of the countries. The U.K. is the leading country for fuel cells in aerospace and defense in the European region. Rising military spending in the APAC region has augmented the demand for military defense/UAVs and military vehicles. This, in turn, is anticipated to lead to the demand for fuel cells used in defense applications.

The market is likely to witness strategic alliances among businesses to expand their end-user segments in emerging markets. Public-private partnerships are predicted to be critical for attaining an economically viable technological shift. The introduction of cleaner technologies to substitute the existing methodologies is anticipated to lead to high costs, which is projected to limit innovations carried out by key market players.

The global fuel cell market is highly competitive owing to continuous technological advancements being introduced by the existing vendors and new entrants. Industry players are focusing on strengthening their relations with system installers and are looking at collaborations and mergers as strategies to help them enhance their presence in the value chain and expand their geographical presence.

Installers and system providers usually hold stock of major equipment in inventories. However, manufacturers faced bottlenecks and shortages owing to limited production in countries severely affected by the COVID-19. Furthermore, upcoming fuel cell-based large-scale projects witnessed delays in commissioning due to disruptions in the supply chain and halting of onsite construction activities in severely affected areas.

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 Fuel Cells In Aerospace And Defense Market Report Highlights

• In the aerospace industry, the PEMFC product segment accounted for the largest revenue share of over 85.0% in 2020. In the defense industry, PEMFC is used in various applications such as military vehicles and military drones
• In the defense industry, the military vehicles application segment accounted for the largest revenue share of over 50.0% in 2020. Vendors operating in the military vehicles market are partnering with fuel cell technology providers to launch fuel cell-based military ground vehicles
• In August 2020, the U.S. Department of Energy (DOE) announced to invest USD 18.5 million as part of the Advanced Research Projects Agency-Energy’s (ARPA-E) Range Extenders for Electric Aviation with Low Carbon and High Efficiency (REEACH) program. The team is developing a highly efficient and cost-effective hybrid-electric turbogenerator suitable for powering a narrow-body aircraft like B737
• Zero-emission-powered fuel cells deliver high efficiency and are more reliable in the case of long-distance flights and military surveillance. Thus, increasing aerospace and defense spending provides an opportunity for fuel cell technology to evolve and penetrate the market

Fuel Cells In Aerospace And Defense Market Report Scope 

Report Attribute	Details
Market size value in 2021 (Aerospace)	USD 249.78 million
Revenue forecast in 2028 (Aerospace)	USD 1,618.33 million
Growth Rate	CAGR of 30.6% from 2021 to 2028
Market size value in 2021 (Defense)	USD 488.62 million
Revenue forecast in 2028 (Defense)	USD 996.06 million
Growth Rate	CAGR of 10.7% from 2021 to 2028
Base year for estimation	2020
Historical data	2017 – 2019
Forecast period	2021 – 2028

List of Key Players of Fuel Cells In Aerospace And Defense Market

• Advent Technologies
• Australian Fuel Cells Pty Ltd.
• Cummins Inc.
• ElringKlinger AG
• GenCell Ltd.
• Honeywell International Inc.
• Infinity Fuel Cell and Hydrogen, Inc.
• Intelligent Energy Limited
• Loop Energy Inc.
• Plug Power, Inc.

Access Press Release of Fuel Cells In Aerospace And Defense Market @ https://www.grandviewresearch.com/press-release/global-fuel-cells-aerospace-defense-market

Textile Market Segmented On The Basis Of Raw Material, Product, Application, Region And Forecast 2028: Grand View Research Inc.

San Francisco, 26 Oct 2023: The Report Textile Market Size, Share & Trends Analysis Report By Raw Material (Wool, Chemical, Silk), By Product (Natural Fibers, Polyester), By Application, By Region, And Segment Forecasts, 2023 – 2030

The global textile market size is anticipated to reach USD 3,047.24 billion by 2030, registering a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. The rising consumer awareness levels coupled with rapidly changing trends in the fashion industry are projected to drive market growth. The rise in the e-commerce platforms that support sales and distribution of different types of products manufactured by the textile industry is also expected to drive the demand for textile-related products, thereby augmenting the market growth. In addition, stringent regulations to ensure labor or worker safety in various application industries are propelling the demand for Personal Protective Equipment (PPE), which requires wool or treated cotton as a raw material.

This, in turn, will boost the market further. In addition, technological advancements and the employment of a large number of skilled and unskilled labor involved in the product manufacturing from materials, such as natural fibers, polyesters, nylon, and others, are acting as a growth driving factor for the global market. Furthermore, the increasing concerns regarding the environment are also fueling the demand for sustainable and natural fibers, such as cotton, hemp, linen, silk, and others, which, in turn, is adding growth prospects to the overall market. The cotton raw material segment is expected to grow at a significant CAGR, in terms of volume, over the forecast period. This growth can be attributed to the high production and availability of cotton across various prominent regions including North America, Europe, and Asia Pacific.

Access Research Report of Textile Market @ https://www.grandviewresearch.com/industry-analysis/textile-market

Textile Market Report Highlights

• In 2022, the fashion application segment accounted for the maximum revenue share and is likely to ascend at a significant CAGR during the forecast period
• Rapidly changing fashion trends coupled with the demand for high-quality apparel in sports activities is likely to boost the segment growth
• In 2022, Asia Pacific emerged as the largest regional market owing to the presence of large raw material-producing countries, such as China, India, Australia, and Japan
• In North America, the revenue for the natural fibers product segment stood at USD 54.8 billion in 2022 and is anticipated to gain a higher share in the coming years due to the rising demand from the fashion, sports, and apparel industries
• Prominent players in the market are establishing business units in the raw material-producing regions for easy procurement as well as low-cost labor
• Moreover, supportive government policies, such as trade agreements and investment within the countries, are expected to influence the market

Textile Market Report Scope

List of Key Players of Textile Market

• BSL Ltd.
• INVISTA Srl.
• Lu Thai Textile Co., Ltd.
• Paramount Textile Ltd.
• Paulo de Oliveira, S.A.
• Successori REDA S.p.A.
• Shadong Jining Ruyi Woolen Textile Co. Ltd.
• Sinopec Yizheng Chemical Fibre Company Ltd.
• China textiles Ltd.
• Rhodia SA
• Li & Fung Group
• Modern Woollens Ltd.
• Mayur Suitings
• JCT Ltd.

Access Press Release of Textile Market @ https://www.grandviewresearch.com/press-release/global-textile-market

Concrete Sealers Market Outlook On The Basis Of Product, Application, Region And Forecast to 2028: Grand View Research Inc.

San Francisco, 26 Oct 2023: The Report Concrete Sealers Market Size, Share & Trends Analysis Report By Product (Penetrating, Acrylic, Polyurethane), By Application (Residential, Non-residential), By Region, And Segment Forecasts, 2021 – 2028

The global concrete sealers market size is expected to reach USD 2.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.1% from 2021 to 2028. Rising investment in industrial infrastructure, growing need for modernization of aging infrastructure, and increase in the number of smart cities projects by governments is augmenting the growth of the market.

The market is witnessing huge growth potential on account of high product demand in flooring applications as it offers superior properties along with enhanced aesthetics. Concrete sealers are anticipated to gain popularity owing to the growing construction projects in the residential, commercial, industrial, and transportation sectors.

The market growth is adversely impacted by the economic crisis caused by the Covid-19. Higher fiscal expenditure to sustain weaker segments of the population and lower revenues had increased the debt to GDP ratio of the governments, thereby limiting efforts for massive infrastructure investments.

The market is characterized by the presence of established players with a strong financial base, as a result, the entry barriers are high. However, a large number of small players are expected to enter the market owing to increasing product demand in the real estate sector.

Access Research Report of Concrete Sealers Market @ https://www.grandviewresearch.com/industry-analysis/concrete-sealers-market-report

Concrete Sealers Market Report Highlights

• The acrylic concrete sealers segment is expected to witness a revenue-based CAGR of 6.9% from 2021 to 2028 on account of rising demand for these products is increasing due to low cost and high performance These are used on interior and exterior surfaces to form a protective film that provides good protection against water and chloride intrusion
• The residential segment is expected to reach USD 793.9 million by 2028. Rising demand for housing in the middle-class population is expected to influence the demand for concrete sealers in the residential applications segment
• In North America, the market accounted for USD 378.1 million in 2020, owing to heavy industrialization and high consumer acceptance of the product. However, VOC regulations are expected to restrain the market growth
• Under National Infrastructure Pipeline (NIP), by 2025, India will invest USD 1.4 trillion in infrastructure. Increasing demand for the construction of healthcare facilities and hospitals are augmenting market growth
• The growing construction industry in Middle East and Africa is projected to boost the demand for concrete sealers over the forecast period. The region’s primary growth in the construction sector is fueled by the massive investments done by the government and the increased inflow of FDI

Concrete Sealers Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 1.6 billion
Revenue forecast in 2028	USD 2.7 billion
Growth Rate	CAGR of 7.1% from 2021 to 2028
Base year for estimation	2020
Historical data	2017 – 2019
Forecast period	2021 – 2028

List of Key Players of Concrete Sealers Market

• Curecrete Distribution Inc.
• BASF SE
• PPG Industries, Inc.
• Evonik Industries AG
• Valspar Corporation
• Prosoco Corporation
• Seal Source Inc.
• Omnova Solutions  
• Laticrete International, Inc.
• Sika AG

Access Press Release of Concrete Sealers Market @ https://www.grandviewresearch.com/press-release/global-concrete-sealers-market