The global glass packaging market size is projected to reach USD 81 billion by the end of 2027. The rising demand for glass material across the world will aid the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Glass Packaging Market Size, Share & Industry Analysis, By End-use Industry (Alcoholic beverages, Food, Non-Alcoholic beverages, Pharmaceuticals, and Others), and Regional Forecast, 2019-2027,” the market was worth USD 60.32 billion in 2019 and will exhibit a CAGR of 3.95% during the forecast period, 2019-2027.

Market Segmentation:

The rising demand for glass and glass material is consequential to the lesser environmental effects it has. The exceptional properties of this material including rigidity and durability will contribute to the growing demand. The high investment in the research and development of efficient glass material, coupled with the presence of several large scale manufacturers across the world will aid the growth of the overall market in the coming years.

The adverse effects of plastic and the strict regulations imposed by governments of several countries towards the use of plastic will lead to a huge adoption of glass as alternative solution to plastics. The product is most widely used in the food and beverage industry for beverage supply and distribution. The increasing consumption of bottled and packaged beverages will aid the growth of the overall market in the foreseeable future.

Information source:

https://www.fortunebusinessins....ights.com/glass-pack

The global nanocoatings market growth is expected to showcase considerable growth by reaching USD 39,869.2 million by 2028 while exhibiting a CAGR of 22.7% between 2021 and 2028. This information was published by Fortune Business Insights in its latest report, titled, “Nanocoatings Market, 2021-2028.”. The report further mentions that the market stood at USD 7,825.3 million in 2020 and is projected to experience considerable growth during the forecast period. The increasing focus on reducing environmental impact and the growing demand from the automotive sector is expected to propel the demand for these coatings across the globe.
Market Segmentation:
We have segregated the global market on the basis of type, application, and region. On the basis of type, the market is segmented into antimicrobial, self-cleaning, anti-fingerprint, anti-corrosion, and others. Based on application, the market is categorized into building & construction, automotive, aerospace, electronics, marine, and others. Lastly, based on region, the market is bifurcated into Asia-Pacific, North America, Latin America, the Middle East and Africa, and Europe.
What does the Report Provide?
The market report provides an in-depth analysis of several factors such as the key drivers and restraints that will impact growth by adopting several research methodologies. The report further provides insights into the regional analysis covering different regions, contributing to the market growth. It includes the competitive landscape that involves the leading companies and the adoption of strategies to introduce new products, announce partnerships, and collaborate to further contribute to the market growth.
Information Source:
https://www.fortunebusinessins....ights.com/nanocoatin

The global industrial lubricants market size was USD 66.01 billion in 2020. The market is projected to grow from USD 67.55 billion in 2021 to USD 85.00 billion in 2028 at a CAGR of 3.3% during the 2021-2028 period.This information is published by Fortune Business Insights™, in its report, titled, “Industrial Lubricants Market, 2021-2028.”

According to our researchers, industrial lubricants has colossal utilization for turbine machines, power generation, metal & mining, and food & beverage applications. Moreover, the growth in demand the product, owing to the above-mentioned applications is further sustaining the adoption of advanced machinery to refine and enhance efficiency, thus expanding the industrial lubricants market growth.

Report Coverage

We conduct our reports based on an expansive examination method that precisely accentuates insightful information delivery. Our scholars have utilized a data navigation method which further guides us to present reliable predictions and provide accurate market dynamics. Further, our analysts have gained permission to various global as well as domestically sponsored records in order to provide updated information so that the shareholders and professional business owners capitalize only in the fundamental areas.

Segments

Hydraulic Segment to Record Highest Market Share

On the basis of base oil, the market is classified into mineral oil, synthetic oil, and bio-based oil.

In terms of application, the market is divided into hydraulic fluid, metal working fluid, gear oil, grease, and others. Hydraulic fluid segment recorded the largest share in the market owing to its high utilization in a variety of finished goods.

Geographically, the market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Information Source:

https://www.fortunebusinessins....ights.com/industrial

The antimicrobial packaging market size is predicted to reach USD 17,559.4 million by 2026, exhibiting a CAGR of 7.9% during the forecast period. The rising concerns regarding food quality and safety will spur demand for antimicrobial packaging, which, in turn, will boost the antimicrobial packaging market growth during the forecast period. Moreover, the rising focus of consumers towards quality products will aid the growth of the market in the forthcoming years. In addition, the increasing awareness regarding the benefits of green packaging such material reduction, waste reduction, less energy consumption, recycled content and renewable energy source will boost the market trends for antimicrobial packaging, mentioned states Fortune Business Insights in a report, titled “Antimicrobial Packaging Market Size, Share & Industry Analysis, By Material (Plastics, Biopolymers, Paper & Paperboard, and Others), By Antimicrobial Agents (Organic Acid, Bacteriocins, and Others), By Type (Bags, Pouches, Trays, and Others), By Application (Food & Beverages, Healthcare & Pharmaceutical, Personal Care, and Others) and Regional Forecast, 2019-2026” the market size stood at USD 9,570.5 million in 2018.

Regional Analysis:

Rising Demand for Medical Devices to Stimulate Growth in North America

North America is expected to grow rapidly during the forecast period owing to the growing adoption of antimicrobial packaging in various industries. The growing demand for drugs and medical devices will enable growth in North America. The market in Asia Pacific generated a high revenue in 2018 and is likely to witness high demand during the forecast period owing to the high demand for sustainable packaging from China, India, and South Korea. The rising consumption and demand of food will contribute positively to the growth in Asia Pacific. In addition, the blooming pharmaceutical and medical industry will have a positive impact on the market in Asia Pacific during the forecast period.

The Report Lists the Main Companies in this Market

BASF SE
Dunmore Corporation
BioCote Limited
PolyOne Corporation
Microban International
Mondi PLC
The DOW Chemical Company
CSP Technologies
Takex Labo Co. Ltd.
Other Players
Information source :

https://www.fortunebusinessins....ights.com/antimicrob

The global sterile medical packaging market size is expected to reach USD 47.89 billion by 2027, exhibiting a CAGR of 5.5% during the forecast period. The growing cognizance about the advantageous properties of sterile medical packaging such as tear resistance, durability, breathability, and the superior microbial barrier will promote the growth of the market during the forecast period, states Fortune Business Insights in a report, the market size stood 31.38 Billion in 2019. The escalating requirements for sterile medical packaging in numerous applications, involving in-vitro diagnostic products and surgical & medical instruments will have a positive impact on the market in the forthcoming years.

Market Driver:

Growing Hygiene and Sterility in Medical Equipment to Stimulate Growth

The increasing prevalence of infectious and communicable diseases and viruses such as COVID-19, flu, tuberculosis, and SARS has led to improved hygiene in medical devices intending to prevent any contamination or spread of disease in patients. The focus towards robust packaging in medical devices such as syringes, needles, bandages, face masks, gloves, applicators, suction catheters, testing kits, and surgical sponges, will positively influence the market growth. The packaging used in these devices necessitates effectual maintenance for sterility. Thus, the need for effective packaging solutions will propel the market during the forecast period. In addition, the rising demand for single-use medical equipment owing to ethical and hygiene aspects for protection against the risks of disease transmission will foster healthy growth of the market in the forthcoming years.


Information Source:

https://www.fortunebusinessins....ights.com/sterile-me