Chemical Industry - Market Research Report

  U.S. Cold Storage Industry Overview The  U.S. cold storage market  size is estimated to reach USD 66.74 billion by 2030, expanding at a CAGR of 9.2% over the forecast period, according to the new research conducted by Grand View Research, Inc. The U.S. is widely regarded as one of the leading markets in developing technologies responsible for the effective management of cold storage processes. The pharmaceutical industry is expected to offer growth opportunities to the market. Inventory management of pharmaceutical goods, such as  vaccines  and medicines, is an expensive process that necessitates adequate security measures to maintain product quality. Advanced cold storage technologies that offer beneficial features, such as advanced refrigeration technologies and monitoring and tracking systems of various products like fruits and vegetables, significantly mitigate the possibility of wastage of temperature-sensitive goods.   The market growth is profoundly influenced by the massiv

  Flat Glass Industry Overview The global  flat glass market  size is expected to reach USD 400.38 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% during the forecast period. The market is projected to be driven by increasing construction spending and the need to improve energy efficiency in buildings. The rising preference for architecture, which increases natural daylight in the house is propelling the consumption of glass in roofs and facades, which is expected to play a key role in boosting the product demand over the coming years. Moreover, a growing emphasis on economic recovery by encouraging investments in infrastructural developments is anticipated to drive market growth over the forecast period.   For instance, to substantiate the economic importance of infrastructure, the Department of the Treasury in the U.S. carried out a study of 40 key proposed infrastructure projects. As per this study, the completion or availabili

  3D Printing Metal Industry Overview The global  3D printing metal market  size is expected to reach USD 2.36 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 25.7% over the forecast period. The market growth is attributable to the cost-effectiveness of 3D printed parts, reduced lead times, and the development of complex parts during production.   The potential cost savings is the significant factor stimulating the growth of the market in the aerospace & defense end-use sector. For instance, in November 2018, Lockheed Martin, a U.S.-based global aerospace & defense company, announced that due to 3-dimensional printed parts, there was a reduction in the price of its F-35 Full Mission Simulator (FMS) unit and led to the savings of nearly USD 45.0 million. Metal 3-dimensional printing has the ability to fabricate lightweight but strong structures, produce complex designs, and maintain small volumes. These factors extend its appli

  Waterproofing Membranes Industry Overview The global  waterproofing membranes market  size is likely to reach USD 40.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.9% from 2022 to 2030. Growing advancement in infrastructure and construction activities coupled with a rise in demand for wastewater and water management is expected to drive the market. Biomembranes are expected to witness a high adoption trend in the coming future owing to the increasing product demand in green-building construction. In addition, government support to replace old buildings with new ones is opening new growth avenues for the construction industry, which, in turn, is adding growth to the market. The market is highly dependent upon the dynamic of the raw material supply chain. Although all types of products including cementitious, bituminous,  polyurethane , and others are used for manufacturing waterproofing membranes, cementitiou

  Heat Treating Industry Overview The global  heat treating market  size is expected to reach USD 136.25 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.4% from 2022 to 2030. The growing automotive industry and the rising demand for heat-processed metals and alloys in industrial activities and the construction industry are expected to boost the demand over the forecast period.   The COVID-19 pandemic has prompted companies to increase local manufacturing in the automotive industry. Moreover, an increase in the demand for environmentally-friendly heat-treating technologies such as vacuum heat treatment is expected to augment the demand over the forecast period. Heat treatment in aerospace manufacturing is an important process as it increases the strength of metals used, thereby increasing the weight to strength ratio of components. An increase in M&A activities and restructuring in the aerospace industry is expected

  Physical Vapor Deposition Industry Overview The global  physical vapor deposition market  size is expected to reach USD 28.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.8% from 2021 to 2028. The sustained growth for PVD in microelectronics and medical equipment is expected to boost the demand for PVD (Physical Vapor Deposition) over the forecast period.   The COVID-19 pandemic resulted in a severe disruption of the supply chain leading to raw material unavailability along with labor shortage for the electronics industry. The halting of ongoing production of electronics decreased the demand for thin-film coating using the PVD during the pandemic in 2020. The sputtering technology in PVD has a number of advantages over other technologies which include higher packing densities and better adhesion. Moreover, sputtering can be carried out over a greater number of metals such as alloys and mixtures which is exp

  Fetal And Neonatal Care Equipment Industry Overview The global  fetal (labor & delivery) and neonatal care equipment market  size is expected to reach USD 10.6 billion by 2026 expanding at a CAGR of 6.9%, based on a new report by Grand View Research, Inc. Fetal and neonatal care devices consist of a variety of equipment that are designed to monitor and detect complications in newborn babies. The market growth can be attributed to factors such as a growing birthrate in developing countries coupled with rising prevalence of associated premature births also known as preemies.   Furthermore, neonatal hospital-acquired infections such as Central Line-Associated Bloodstream Infections (CLABSI) and healthcare-associated pneumonia are additional notable factors responsible for the market growth. Various aspects such as delayed maternal age, induced fertility, and lack of proper prenatal care are considered to be major factors contributing to the birth of premature babies. Fetal And N

  Industrial Gases Industry Overview The global  industrial gases market  size is expected to reach USD 147.1 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.0% from 2021 to 2028. The use of industrial gas in the electronics (photovoltaic) industry for the manufacturing of semiconductors, solar, displays, LED solid-state lighting, wafers, and polysilicon compel the growth prospects for this market. Clean energy, predominantly solar PV, is evolving as an eminent source of clean energy generation, thereby attracting investments globally. These gases substantially reduce the manufacturing costs, which is poised to increase their implementation over the forecast period.   Major end-use industry segments such as medical and pharmaceuticals, food and beverages, petroleum refining, petrochemicals, and aerospace prefer acquiring these gases directly from the manufacturing/distribution companies. Companies operating in these end

  Ammunition Industry Overview The global  ammunition marke t size is expected to reach USD 29.68 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.2% from 2022 to 2030. Increasing investments in defense equipment by militaries on account of the rise in geopolitical tension across the globe are anticipated to drive the demand for ammunition in the estimated time. Increasing procurement of artillery and mortar platforms by the Indian Army over the next ten years through several development platforms is expected to raise the number of ammunition over the forecast period. Additionally, the rise in hostilities is expected to ascend the demand for ammunition in the Middle Eastern countries in the projected time frame.   Technological innovations for the replacement of brass-based bullet cases using polymer-based bullet cases are expected to offer growth prospects to the market. The application of polymer materials in bullets r

  Stretch And Shrink Film Industry Overview The global  stretch and shrink film market  size is expected to reach USD 21.72 billion by 2027, exhibiting a CAGR of 5.5% during the forecast period, according to a new report published by Grand View Research, Inc. Rising demand for lightweight material for industrial packaging is expected to drive the growth. Factors such as superior packaging properties, such as improved printability, easier application, and robust package sealing capabilities of the films are anticipated to further fuel the growth. Stretch And Shrink Film Market Segmentation Grand View Research global stretch and shrink film market on the basis of resin, product, application, and region: Based on the Resin Insights, the market is segmented into LLDPE, LDPE, PVC, and Others. The global LLDPE stretch and shrink film market is expected to witness substantial growth over the forecast period, due to the rising e-commerce Factors, such as rising consumer health conscious