The global ceramic armor market size is expected to grow from USD 2.3 billion in 2022 to USD 3.5 billion by 2027, at a CAGR of 8.6% during the forecast period. The high growth of ceramic armor can be attributed to substantial demand from military and defense applications. Increased threats from asymmetric warfare, regional conflicts, riots, and terrorism are increasing the need for protective clothing and safe vehicles for safeguarding armed forces, especially, in disputed regions across the globe. Therefore, military superpowers are continuously focusing on technological advancement and expansion of ballistic products by increasing their defense budget and investing in the production and R&D of ceramic armors. These factors are driving the growth of the global ceramic armor market.
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The cranes rental market is estimated to be USD 42.1 billion in 2019 and is projected to reach USD 53.1 billion by 2024, at a CAGR of 4.7% from 2019 to 2024. Cranes are preferred to be rented rather than purchasing due to its cost advantage which comes with CPA (Contract Plant-Hire Agreement), stating all the liabilities including insurance, maintenance, and break-down will be held with the renting company. The key factor for growing demand is increasing investments, government initiatives, and favorable policies.
The Global Cast Elastomer Market size is expected to grow from USD 1.28 Billion in 2022 to USD 1.66 billion by 2030, at a CAGR of 3.3% during the forecast period (2023-2030).
The global construction & demolition waste market size is estimated to grow from USD 26.6 billion in 2021 to USD 34.4 billion by 2026, at a CAGR of 5.3% during the forecast period. The global market is primarily driven by increasing construction activities and inclination of governments toward sustainability in various regions across the globe. Rising demand for sustainable and recycled construction materials for commercial construction projects will further drive the construction & demolition waste market.
The market size of the high-speed separator market is projected to reach USD 1.5 billion by 2028, at a CAGR of 5.3% from USD 1.1 billion in 2023. The increasing industrialization & manufacturing activities, environmental regulations and sustainable initiatives and technological advancement, will contribute to the rapid growth in the demand for high-speed separator Market.
The insulating glass window market size was USD 12.0 billion in 2020 and is projected to reach USD 17.2 billion by 2026; it is expected to grow at a CAGR of 6.1% from 2021 to 2026. Insulating glass windows are gaining popularity as they prevent heat transfer in or out of a home or building and also reduce solar heat gain.
The global 3D printing ceramics market size was USD 116 million in 2020 and is expected to reach USD 384 million by 2025, projecting a CAGR of 27.0% between 2020 and 2025. 3D printing ceramics are increasingly used in the aerospace & defense, healthcare, automotive, consumer goods & electronics, construction, and other end-use industries. The increasing demand of healthcare industry drives the demand for 3d printing ceramics. However, the outbreak of COVID-19 has created ripples across various application industries leading to reduced demand for 3D printing ceramics. Due to the lockdown scenario in Europe and North America, the demand for 3D printing ceramics from automotive, construction, electronics and other industries have declined sharply in the first half of 2020.
The global aluminum foil packaging market is expected to experience substantial growth in the coming years, with an estimated value of USD 21.7 billion in 2023 and a projected value of USD 27.9 billion by 2028, growing at a CAGR of 4.3%. The aluminum foil packaging industry refers to the sector involved in the manufacturing, distribution, and use of packaging materials made from aluminum foil. Aluminum foil is a thin, versatile material made from aluminum alloy, commonly used in packaging applications due to its excellent properties. In the packaging industry, aluminum foil is widely utilized for its barrier properties, heat resistance, moisture resistance, and ability to protect packaged products from light, oxygen, and contaminants. It is commonly used in various forms, such as rolls, blisters, pouches, and containers, to package a wide range of products including food items, pharmaceuticals, beverages, cosmetics, and household products.
The non-phthalate plasticizers market size is estimated at USD 3.1 billion in 2020 and is projected to reach USD 3.9 billion by 2025, at a CAGR of 4.6%. The major restraint of the non-phthalate plasticizers market is the high price of non-phthalate plasticizers when compared to the phthalate plasticizers.
The Global Eco Fiber Market size is expected to grow from USD 81.56 billion in 2022 to USD 179.99 billion by 2030, at a CAGR of 10.4% during the forecast period (2023-2030).
- Zeolites Market: from USD 12.1 billion in 2021 to projected heights of USD 14.1 billion by 2026 according to a new research report
- Size of the Mining and Metal Filtration Market described in a new arket report
- Aluminum Casting Market soaring: set to reach USD 100.5 billion by 2026 at 7.4% CAGR according to a new research report
- The Global Dewatering Equipment Market size is projected to grow USD 5.4 billion by 2025 according to a new research report
- The Lithium Metal Market is projected to grow USD 6.4 billion by 2028 according to a new research report