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Showing posts from November, 2023

E-Textiles Are Fastest Growing Segment Fueling The Growth of Non-Halogenated Flame Retardant Market

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  The global Non-Halogenated Flame Retardant Market is estimated to be valued at US$ 4.2 Mn in 2023 and is expected to exhibit a CAGR of 8.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Non-halogenated flame retardants are chemicals that are used to fireproof textiles, plastics and other materials. They prevent or retard combustion without producing corrosive or toxic gases. Some common examples include aluminium trihydrate, magnesium hydroxide and organophosphate compounds. They provide effective flame retardancy while maintaining the appearance and performance characteristics of the treated material. Market Key Trends: One of the major trends in the  non-halogenated flame retardant market  is the shift towards safer alternatives to halogenated flame retardants. Stringent regulations are being imposed on the use of halogenated flame retardants due to increasing health and environmental concerns associate

Graphite And Graphene Are The Fastest Growing Segments Fueling The Growth of Needle Coke Market

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  The global Needle Coke Market is estimated to be valued at US$ 2.99 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Needle coke is a special grade form of petroleum coke that is used in the production of graphite electrodes for electric arc furnaces as well as lithium-ion batteries. It provides high mechanical strength, corrosion resistance and thermal shock resistance making it suitable for applications requiring high temperature stability. Market Key Trends: One of the key trends driving the growth of the  needle coke market  is the increasing consumption of graphite electrodes in electric arc furnace steel production. Graphite electrodes act as electrodes in electric arc furnaces used for steel production. Needle coke is the primary raw material used in the production of graphite electrodes. As steel production through electric arc furnaces grows, the d

Medical Devices Is Fastest Growing Segment Fueling The Growth of Medical Polymers Market.

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  The global Medical Polymers Market is estimated to be valued at US$ 22.13 Bn in 2023 and is expected to exhibit a CAGR of 10.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Medical polymers are synthetic or semi-synthetic polymers used in various medical devices and equipment owing to their flexibility, durability and biocompatibility. These polymers find wide application in medical tubing, surgical tools, drug delivery systems and prosthetic devices due to their light weight and durability. Market Key Trends: Growing demand for minimally invasive procedures is one of the major trends witnessed in the  medical polymers market . Minimally invasive surgeries require high performance medical polymers for the manufacturing of catheters, guidewires, balloons and stents. Miniaturization of medical devices has increased the adoption of polymers with enhanced mechanical properties, flexibility and biocompatibilit

Plant-based Foods Is Fastest Growing Segment Fueling The Growth of Grape Seed Extract Market

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  The global Grape Seed Extract Market is estimated to be valued at US$ 219.7 Mn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Grape seed extract is a highly potent antioxidant used in dietary supplements and cosmetic products due to its high antioxidant and anti-inflammatory properties. It helps boost heart health, improve vision, and fight aging. Market Key Trends: The growth of the plant-based foods industry is fueling demand for grape seed extract. Grape seed extract has gained popularity as a natural preservative and antioxidant in plant-based meat and dairy alternatives. Its ability to extend shelf-life and impart color without artificial ingredients makes it suitable for use in many vegan foods. Rising health consciousness and concerns about sustainability have led to increased consumption of plant-based products globally. This growing market for vege

Starch-Blended Bioplastics Are Fastest Growing Segment Fueling The Growth of Starch-Blended Bioplastic Market

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  The global Starch-blended Bioplastic Market is estimated to be valued at US$ 300.6 Mn or Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Starch-blended bioplastics are biodegradable plastics produced using starch as a raw material. They offer advantages such as durability, flexibility and printability. With increasing awareness about environmental protection, these bioplastics have emerged as an alternative to conventional plastics. Market Key Trends: Growing focus towards sustainability among consumers and manufacturers has fueled the demand for bioplastics made from renewable resources. Starch-blended bioplastics have garnered major attention due to their biodegradability and eco-friendly production process. Their properties allow use across various applications ranging from packaging to textiles. Additionally, supportive regulations regarding use of bi

Pharmaceutical Grade Meso-Erythritol as a Natural Sweetener Driving Massive Growth in the Meso-Erythritol Market

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  The global Meso-Erythritol Market is estimated to be valued at US$ 348 Mn in 2023 and is expected to exhibit a CAGR of 2.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Meso-erythritol is a natural four-carbon sugar alcohol that occurs widely in various fruits and vegetables. It has a clean sweet taste, almost like sugar but with zero calories. Meso-erythritol provides bulk and texture to formulations and gives mouthfeel similar to sucrose. Meso-Erythritol also helps reduce dental cavities and is suitable for diabetics. It is widely used as a natural sweetener in food and beverage industry including confectionery, bakery, soft drinks etc. Market Key Trends: Pharmaceutical applications of meso-erythritol are growing rapidly. It is extensively used in various oral care products and medicines and is prescribed as a sugar-free alternative for pediatric drugs. Many clinical trials have proven its safety and efficacy. Rising h

Natural Gas Is Fastest Growing Segment Fuelling The Growth of Crude Oil Flow Improvers Market

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  The global Crude Oil Flow Improvers Market is estimated to be valued at US$ 1.67 Bn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Crude oil flow improvers help in reducing viscosity at high temperatures, preventing wax deposition and breaking of emulsions in crude oil pipelines. They reduce friction between molecules thus allowing smooth transportation of crude oil even in extreme weather conditions. Market Key Trends: One of the key trends in the  crude oil flow improvers market  is increasing production and transportation of crude oil obtained from shale deposits and other unconventional resources which tend to be more complex and viscous in nature. This has significantly driven the demand for customized flow improvers that can effectively reduce viscosity and friction in pipelines transporting such heavier grades of crude oil over long distances. Segmen

Vacuum Skin Packaging is Fastest Growing Segment Fueling the Growth of Fresh Meat

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  The global Fresh Meat Packaging Market is estimated to be valued at US$ 2.21 Bn in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Fresh meat packaging solutions such as vacuum skin packaging provides shelf life extension by eliminating oxygen from the package and forming a tight skin over fresh meat products. Packaging solutions prevents oxidation and maintains freshness and quality of meat for extended periods. Market Key Trends: Vacuum skin packaging has emerged as a prominent packaging format among end use industries. The packaging technique prevents contact of meat with oxygen by sucking out air from packaging film and sealing it tightly. This greatly extends the shelf life of products and maintains freshness and quality for over 2-3 weeks. Moreover, clear and durable nature of vacuum skin packaging films allows retailers to showcase products attractively.

Organic Pigments is Fastest Growing Segment Fueling the Growth of High Performance Pigment Market

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  The global High Performance Pigment Market is estimated to be valued at US$ 6.55 Bn in 2023 and is expected to exhibit a CAGR of 4.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: High performance pigments are compounds that impart superior properties like heat resistance, lightfastness and corrosion protection. They are used in premium products across industries like automotive, industrial coatings and plastics. Market Key Trends: One of the key trends driving the market growth is the increasing use of organic pigments. Compared to inorganic pigments, organic pigments offer better color shades, opacity and tinctorial strength. They are preferentially used in industries where aesthetics and color performance holds prominence like printing inks, plastic colorants and coatings. The rising consumption of these end use industries will support the growth of organic pigments in the coming years. Segment Analysi

Wine Packaging Boxes is Fastest Growing Segment Fueling the Growth of Wine Packaging Boxes Market

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The global Wine Packaging Boxes Market is estimated to be valued at US$ 1.74 Bn in 2023 and is expected to exhibit a CAGR of 7.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Wine packaging boxes are specially designed packaging solutions for wines to protect them from moisture, oxygen, and external damage during transportation and storage. Key features include tear-resistant layers, leak-proof sealing, custom printability, and structural rigidity. Market Key Trends: The rising demand for premium and luxury wines accompanied by growth of online wine retail channels are major factors propelling the  wine packaging boxes market . Premiumization trend has led wineries to offer wines packed in innovative and aesthetically appealing boxes. Growing preference for recyclable and sustainable packaging over traditional bottles and jars is another key trend fostering market growth. Customizable designs and labels al

Malted Barley is the fastest growing segment fueling the growth of Malt Ingredient Market

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  The global Malt Ingredient Market is estimated to be valued at US$ 6.11 Bn in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Malt ingredients are grains or seeds that have been allowed to partially germinate by soaking and then halted from germinating further with the application of heat. This process produces enzymes that break down the grains' starches and proteins which produces sugars and improves flavor. The malted grains are then used to make beers, whiskies, foods like cereals and baked goods. Market Key Trends: Malt Ingredient market  is witnessing increasing usage in beer manufacturing as it enhances the taste and aroma besides improving health. The growing craft beer industry is one of the major drivers of increased demand for Malt Ingredient. According to the Brewers Association, the number of craft breweries in the United States grew from 8,613

Screw caps is fastest growing segment fueling the growth of U.S. Caps and Closures Market

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  The global U.S. Caps and Closures Market is estimated to be valued at US$ 3.75 Bn in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Caps and closures are sealing components that are used for various packaging applications across industries like food & beverage, pharmaceuticals, personal care, and chemicals. They help seal the container and prevent leakage during storage, transport, and use. Popular product types include screw caps, twist caps, dispensing caps, and others. Market Key Trends: One of the key trends in the  U.S. caps and closures market  is the rising demand for sustainable packaging. Customers are increasingly preferring products packaged in eco-friendly materials to reduce pollution. Caps and closure manufacturers are investing in developing bio-based and recyclable packaging solutions made from plant-based resins and recycled plastics. For

Biodegradable Tea Bags are Fueling the Growth of Customized Tea Packaging Market

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  The global Customized Tea Packaging Market is estimated to be valued at US$ 2.41 Bn in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Customized tea packaging involves eco-friendly and innovative packaging solutions for tea products. It includes tea bags, packets, cans, and other containers printed with company logos and messages. Such customized designs aid in brand promotion and boosting sales. Market Key Trends: One of the major trends in the customized tea packaging market is the use of biodegradable tea bags. Consumers are increasingly preferring eco-friendly packaging made from natural materials like silk, paper, and plant-based fibers that decompose quickly without polluting the environment. Biodegradable tea bags are gaining popularity as they eliminate microplastics released from conventional tea bags. This growing demand for sustainable packaging bod

VCI Paper is Fastest Growing Segment Fueling Growth of Volatile Corrosion Inhibitors (VCI) Packaging Material Market

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  The global Volatile Corrosion Inhibitors (VCI) Packaging Material Market is estimated to be valued at US$ 826 Mn in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:   VCI packaging materials contain volatile corrosion inhibitors that protect metal components from corrosion through vapor phase action. They are widely used for packaging ferrous and non-ferrous metals during storage and transportation. The key advantages are corrosion protection and cost savings over time. Market Key Trends:   One of the key trends in the  Volatile corrosion inhibitors packaging material market  is the rising usage of VCI paper. VCI paper provides corrosion protection to ferrous metals for up to two years. It contains volatile corrosion inhibitors that are released into the headspace of the package to form a protective mono-molecular layer. Compared to other VCI packaging formats s

Trimethylolpropane Triacrylate Market is Estimated to Witness Steady Growth Owing to Rising Demand for Coatings, Inks and Adhesives

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  The global Trimethylolpropane Triacrylate Market is estimated to be valued at US$ 151.3 Mn in 2023 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Trimethylolpropane triacrylate (TMPTA) is a colorless viscous liquid used as a key reactive diluent in ultraviolet and electron beam cured acrylate resins and coatings. TMPTA improves flexibility and durability of finished products. Due to its excellent performance properties, TMPTA based formulations are ideal for industrial and commercial applications. Market Key Trends: One of the key trends in the market is growing demand from thermoset composite industry. TMPTA is used as a reactive diluent in commercial thermoset composite formulations. It improves mechanical strength and durability of finished composites. Increasing applications of lightweight and high strength composites in aerospace and defense industries is expe

Natural Casings Are Fastest Growing Segment Fueling Growth Of Meat Glue Market

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  The global Meat Glue Market is estimated to be valued at US$ 226.9 Mn in 2023 and is expected to exhibit a CAGR of 3.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Meat glue, also known as transglutaminase, is an enzyme that binds chopped or ground meat pieces together. It provides convenience to food industry by reducing preparation time and ensuring uniform size and shape of meat products. It helps to hold meat together in log shape or patties without using artificial binders. Market Key Trends: One of the key trends in the  meat glue market  is the increasing demand for natural casings. Natural casings find wide application in processed meat products such as sausages due to their superior texture and ability to hold flavors. Meat glue plays a crucial role in filling natural casings without rupture. It aids in proper filling by binding chopped or ground meat fillings. This ensures uniform and intact s

Lipid Testing Market Insights: A Comprehensive Analysis of Key Trends, Growth Drivers, and Future Prospects in the Lipid Testing Industry

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  Lipid Testing Market Full Information: Lipid testing, a pivotal component of diagnostic healthcare, involves the assessment of lipid levels in the body. Lipids, including cholesterol and triglycerides, play a crucial role in maintaining overall health, with abnormal levels linked to various cardiovascular and metabolic disorders. Market Overview & Scope: The lipid testing market encompasses a wide range of diagnostic tools and techniques designed to measure lipid concentrations in biological samples. This includes blood tests that analyze cholesterol levels and other lipid components. The  lipid testing market scope  extends across healthcare institutions, diagnostic laboratories, and research facilities, reflecting the importance of lipid testing in preventive medicine and disease management. Market Growth: The lipid testing market has witnessed significant growth in recent years, driven by the escalating prevalence of cardiovascular diseases and metabolic disorders worldwide. A

Wireline Services Market: Unveiling Growth Opportunities Amidst Surging Demand for Efficient Well Intervention Solutions

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  The Wireline Services market encompasses a range of critical activities within the oil and gas industry, primarily involving the deployment and operation of wireline tools and equipment for downhole interventions. In essence, wireline services refer to the use of a cabled line, or wireline, to lower tools and instruments into a wellbore for various purposes such as data acquisition, well logging, and perforation. This sector plays a pivotal role in enhancing the efficiency and productivity of oil and gas exploration and production activities. In terms of market overview and scope, the  Wireline Services market  is integral to the broader energy sector, contributing significantly to the extraction and optimization of hydrocarbon resources. The scope of wireline services encompasses a wide array of applications, including reservoir evaluation, well intervention, and production enhancement. As the energy industry continues to evolve, the demand for advanced wireline technologies and ser

Technical Coil Coatings Market: Innovations and Advancements Redefining the Global Landscape of Protective Coating Solutions for Metal Surfaces

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  The Technical Coil Coatings market refers to the specialized segment of the coatings industry that produces coatings specifically designed for application on coiled metal substrates. These coatings play a crucial role in enhancing the durability, corrosion resistance, and aesthetic appeal of metal products, making them suitable for a wide range of applications across various industries. In terms of market overview and scope, the  Technical Coil Coatings market  has witnessed significant growth due to the rising demand for coated metal products in construction, automotive, and industrial sectors. The market scope encompasses a diverse range of coil-coated products, including steel and aluminum coils used in architectural cladding, automotive components, and appliances, among others. Market growth in the Technical Coil Coatings industry is driven by several factors. The increasing emphasis on sustainable and environmentally friendly coatings, coupled with the growing construction and a

Licorice Extract Market Unveils Profitable Opportunities: A Comprehensive Analysis of Global Industry Trends, Growth Factors, and Future Prospects

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  Licorice Extract Market: Definition:  Licorice extract is derived from the roots of the licorice plant, Glycyrrhiza glabra, and is known for its sweet flavor and various medicinal properties. The extract is widely used in the food and beverage industry, pharmaceuticals, and cosmetics due to its natural sweetness and potential health benefits. Licorice extract contains glycyrrhizin, which imparts the characteristic sweet taste and is believed to have anti-inflammatory and antioxidant properties. Market Overview & Scope:  The  licorice extract market  has witnessed substantial growth in recent years, driven by increasing consumer awareness of natural ingredients and their health benefits. The demand for licorice extract is prominent in the confectionery and beverage industries, where it serves as a natural sweetener and flavor enhancer. Additionally, the pharmaceutical and cosmetic sectors utilize licorice extract for its potential medicinal and skincare properties. The global mark

High Performance Pigment Market: Unveiling Growth Opportunities and Technological Advancements in the Global High Performance Pigment Industry

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  The High Performance Pigment (HPP) market encompasses a diverse range of pigments that exhibit superior properties compared to traditional pigments. These pigments are characterized by their excellent color strength, stability, and durability, making them highly sought after in various industries. The market is driven by the growing demand for high-performance pigments in applications such as coatings, plastics, inks, and cosmetics. The market overview reveals a dynamic landscape marked by constant innovation and development of advanced pigments to meet evolving industry needs. HPPs find extensive use in automotive coatings, where their resistance to weathering and chemicals is crucial. Additionally, the scope of the market extends to the plastics industry, where these pigments contribute to enhanced product aesthetics and durability. High-performance pigment market growth  is fueled by several factors, including the rising demand for customized and specialty pigments across end-use

Seed Coating Materials Market: Unveiling Innovations and Sustainable Solutions for Enhanced Crop Yields

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  Seed coating materials refer to various substances applied to seeds to enhance their performance, protect them from diseases and pests, and improve overall seed quality. These materials play a crucial role in modern agriculture by providing an additional layer of protection and functionality to seeds, contributing to improved crop yield and quality. The market overview and scope of seed coating materials encompass a broad spectrum of products and applications. Seed coating materials can include polymers, colorants, binders, and other additives that are applied to seeds through a coating process. The scope of the  seed coating materials market  extends across various crops, including cereals, oilseeds, fruits, and vegetables, reflecting the diverse needs of the agriculture sector. Market growth in the seed coating materials industry is driven by the increasing demand for high-quality seeds with improved germination rates and resistance to diseases and pests. As the global population c

Fresh Meat Packaging Market Revolution: Sustainable Solutions Shaping the Future of Meat Packaging Industry

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  Fresh meat packaging refers to the materials and methods used to protect and preserve fresh meat products from contamination, spoilage, and other external factors. This type of packaging plays a crucial role in maintaining the quality, safety, and shelf life of fresh meat, ensuring that consumers receive products that meet high standards of freshness and hygiene. The  fresh meat packaging market  overview is characterized by the growing demand for packaged fresh meat products due to factors such as convenience, longer shelf life, and increased focus on food safety. With changing consumer lifestyles and preferences, the market has witnessed a shift from traditional forms of meat purchasing to packaged and processed options, driving the need for innovative and efficient packaging solutions. The scope of the fresh meat packaging market encompasses various packaging materials and technologies, including vacuum packaging, modified atmosphere packaging (MAP), and active packaging. These te