Polypropylene Compounds Market Size Worth $35.19 Billion By 2028: Grand View Research, Inc. to reach USD 35.19 billion by 2028, according to a new report by Grand View Research, Inc.,
growing
at a CAGR of 7.6% from 2021 to 2028. Increasing requirement for flame retardancy and improved heat resistance and serviceability of plastics in the electrical & electronics industry is the primary factor driving the growth of the global market. In addition, regulations in western markets, including the EU and the U.S., which are aimed at vehicular weight reduction are further fueling the demand for polypropylene (PP) compounds in the automotive industry.
Key suggestions from the report:
Polypropylene Compounds Market Size Worth $35 19 Billion By 2028: Grand View Research, Inc
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Polypropylene Compounds Market Size Worth $35 19 Billion By 2028: Grand View Research, Inc
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Tube Packaging Market Size Worth $16.11 Billion By 2028: Grand View Research, Inc.
expected to reach USD 16.11 billion by 2028 registering a
CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand from end-use industries including personal care, cosmetics, and oral care is expected to drive the market growth. Higher consumer awareness about health and wellness is expected to increase the demand for anti-tan, anti-aging, sun blocks, and other creams, which, in turn, is expected to drive the market over the forecast period.
Key suggestions from the report:
The laminated product segment is expected to register the fastest CAGR of 7.0% from 2021 to 2028. Laminated tube is the most preferred form of packaging for premium cosmetics and other premium skincare and pharmaceutical products owing to its ability to combine the benefits of both metal and plastic in one solution
Plastic Pallets Market Size Worth $10.4 Billion By 2028 | CAGR: 5.6%: Grand View Research, Inc.
SAN FRANCISCO, March 17, 2021 /PRNewswire/ The global plastic pallets market size is expected to reach
USD 10.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2021 to 2028. Increasing demand for robust, long-term, contamination-free, and eco-friendly packaging, which accounts for a low cost per trip in the longer term as compared to expendable packaging coupled with a steady expansion of end-use industries is expected to fuel the growth to the market.
Plastic pallets are typically made from robust materials, including polypropylene (PP) and high-density polyethylene (HDPE), and are primarily intended for multiple trips rather than a single trip. Plastic pallets are made from virgin and recycled plastic resins. Virgin resin-based skids offer superior performances. However, recycled resin-based pallets a