The global graphene market size was valued at USD 269.6 million in 2021. The market is projected to grow from USD 337.0 million in 2022 to USD 2,172.2 million by 2029, exhibiting a CAGR of 30.5% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “Graphene Market, 2022-2029.” Information Source - https://www.fortunebusinessinsights.com/graphene-market-102930 Segments: GO Segment to Gain Momentum Due to Increasing Applications from Various End-use Industries
6/6/2023The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions. Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747 Segments: Gold Segment to Register Notable Growth Due to Escalating Disposable Income Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa.
6/5/2023According to a research report titled “Antimicrobial Coatings Market, 2020-2027” by Fortune Business Insights™, the global antimicrobial coatings market size was USD 3,690.0 million in 2019 and is expected to reach USD 8,650.7 million by 2027, exhibiting a CAGR of 11.5% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/antimicrobial-coatings-market-102784 The rise can be attributed to the increasing use of antimicrobial coatings by paint manufacturers to inhibit the growth of pathogens. The coatings contain additives that offer long-lasting and adequate protection against fungi, bacteria, and mold. The market is segmented into metallic and non-metallic types. The metallic segment is fragmented into copper, silver, and others, with the silver sub-segment holding a major share in the industry. The market is also divided based on application into mold remediation, medical & healthcare, food & beverage, building & construction, textile, and others. The medical & healthcare segment is expected to record commendable growth over the estimated period due to the rising product usage in medical appliances, products, and surfaces for preventing the spread of infection. Drivers and Restraints:
6/2/2023In recent years, there has been a growing demand for sustainable and eco-friendly materials. As a result, the Polylactic Acid market has been gaining popularity and is expected to continue growing in the coming years. polylactic acid market is a biodegradable and compostable polymer that is made from renewable resources such as corn starch, sugarcane, and cassava. It is commonly used in a wide range of applications, including packaging, textiles, and consumer goods. In this blog, we will take a closer look at the factors driving the growth of the polylactic acid market and the benefits of using this eco-friendly material. Information Source -https://www.fortunebusinessinsights.com/polylactic-acid-pla-market-103429 The Growing Demand for Sustainable Materials The demand for sustainable materials has been on the rise in recent years, driven by growing concerns about the impact of polylactic acid market waste on the environment. Single-use polylactic acid market products, in particular, have been a major cause of concern as they contribute to the accumulation of polylactic acid market waste in landfills and oceans. Consumers are increasingly looking for alternative materials that are eco-friendlier and less harmful to the environment. the polylactic acid market is an attractive alternative to traditional petroleum-based polylactic acid markets-tics as it is made from renewable resources and is biodegradable. It has a lower carbon footprint compared to other polylactic acid markets-tics, making it a more sustainable choice for manufacturers and consumers alike. This has resulted in an increased demand for polylactic acid market-based products in a range of industries, including packaging, textiles, and consumer goods.
6/1/2023