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Showing posts from September, 2024

Plastic Pigment Market Forecast | Business Growth and Development Factors by 2032

  Allied Market Research published a report, titled,  " Plastic Pigment Market  by Type (Organic and Inorganic), and Application (Packaging, Consumer Goods, Building and Construction, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032" . According to the report, the plastic pigment market was valued at $11.2 billion in 2022 and is estimated to reach $21.8 billion by 2032, growing at a CAGR of 6.9% from 2023 to 2032.  Prime determinants of growth   The global plastic pigments market is positioned for substantial growth owing to increase in demand for vibrant colors and enhanced aesthetics across consumer goods and packaging. Moreover, the escalating demand for plastic pigments in pivotal end-use sectors such as automotive, construction, electronics, and consumer goods propel market expansion. However, stringent regulations concerning volatile organic compound (VOC) emissions are restraining market growth...

Polyamide Market | Industry Challenges Business Overview And Forecast Research Study 2028

  Allied Market Research published a report, titled, “ Polyamide Market by Type (Aliphatic Polyamides and Aromatic Polyamides), Application (Polyamide Fibers & Films and Engineering Plastics), and End-use Industry (Automotive, Electrical & Electronics, Textile, Construction, Packaging, Consumer Goods, and Others): Global Opportunity Analysis and Industry Forecast 2021–2028 ”. According to the report, the global polyamide industry generated $26.7 billion in 2020, and is anticipated to generate $40.6 billion by 2028, witnessing a CAGR of 5.4% from 2021 to 2028.   Prime determinants of growth    Increase in demand for PA-6 in the electrical and electronics sector and surge in demand for electric vehicles drive the growth of the global polyamide market. However, changing crude prices  hinder the market growth. On the other hand , favorable government policies for electric vehicles presents new opportunities in the coming years.    The polyamide f...

Aluminum Extrusion Market Analysis and Forecast to 2027 by Recent Trends, Developments in Manufacturing

  Allied Market Research published a report, titled, “ Aluminum Extrusion Market by Product Type (Mill-finished, Anodized, and Powder Coated), and End-User (Building and Construction, Electrical and Electronics, Automotive & Transportation, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027 .” According to the report, the global aluminum extrusion industry garnered $77.8 billion in 2019, and is expected to generate $118.7 billion by 2027, manifesting a CAGR of 5.4% from 2020 to 2027.   Prime determinants of growth    Increase in demand for lightweight and durable extruded products and high corrosion resistance and durability fuel the global aluminum extrusion market growth. However, high capital cost restrains the growth. Contrarily, rise in demand for customized extrusion create new opportunities in the next few years.   The mill-finished segment to maintain its lead position during the forecast period   By produc...