The Ceramic and porcelain tableware market is projected to grow from USD 6.7 billion in 2023 to USD 8.1 billion by 2028, at a CAGR of 4.1%. during the forecast period. The ceramic and porcelain tableware market is expected to continue its growth trajectory, driven by factors such as increasing urbanization, rising middle-class populations in developing countries, and growing consumer appreciation for aesthetically appealing and functional tableware. Moreover, the shift towards eco-friendly products and the rise of online retail channels are likely to shape the market's future. Ceramic and porcelain are widely preferred for tableware due to their natural and non-toxic properties, making them safe for food contact. They are known for their ability to retain heat, making them suitable for serving hot beverages and meals.
Materials & Chemicals Market Research News
The market size of process oil is estimated to grow from USD 4.8 billion in 2022 to USD 5.3 billion by 2027, at a CAGR of 2.1% during the forecast period. The process oil market has been growing at a moderate pace over the past five years, owing to the increasing demand for finished lubricants from various industries, such as automotive, among others. Process oils are used for various applications, such as tire & rubber, polymer, personal care, and textile, among others. Process oils can be categorized into four types, namely, aromatic, paraffinic, naphthenic, and non-carcinogenic. Process oils improve efficiency and productivity as well as ensure low energy consumption, thereby leading to reduced production costs and improved quality of products.
The high temperature insulation materials market is estimated to grow from USD 6.0 billion in 2019 to USD 8.9 billion by 2024, at a CAGR of 8.2% during the forecast period. The market is projected to witness decent growth due to the rising demand from various end-use industries. The increasing need for energy savings and reduction in emission levels and manufacturing cost is expected to boost the demand for high temperature insulation materials.
In terms of value, the industrial cleaning solvents market is estimated to grow from USD 1.1 billion in 2022 to USD 1.4 billion by 2028, at a CAGR of 4.3%. The demand for industrial cleaning solvents is incread due to speedy industrial development, increased demand in end-use industries, and hygiene initiatives at place of work. These factors have all impacted to the global expansion of the industrial cleaning solvents market.
The global laminated glass market size is expected to grow from USD 20.8 billion in 2021 to USD 27.8 billion by 2026, at a CAGR of 6.0% during the forecast period. Laminated glass is increasingly used in residential constructions. Better visual appeal with higher security motivates the consumers to make a switch to laminated glass. The global urban population is increasing continuously with cities becoming more populated, the need of high rise buildings is increasing.
The flexible plastic pouches market size is projected to grow from USD 53.7 billion in 2021 to USD 73.5 billion by 2026, at a CAGR of 6.5%. The flexible plastic pouches market is witnessing high growth owing to the increase in demand for lightweight, convenient, and cost-effective packaging products & solutions for food and beverage applications. The aesthetic appeal, increased shelf life of product, rising demand from end-use sectors, and increasing e-commerce sales are key factors driving the demand for flexible plastic pouches during the forecast period.
This Commercial Printing Market Is Likely to Experience a Tremendous Growth by 2029 research report focuses more on a number of distinctive as well as foremost market sectors.
This High Purity Alumina Market Is Likely to Experience a Tremendous Growth by 2029 research report focuses more on a number of distinctive as well as foremost market sectors.
Global Halo-Butyl Rubber Market will be driven by the pharmaceutical sector. Pharmaceutical Industry stood at USD 36.32 billion in Europe.
The wood adhesives market exhibits high growth potential and is projected to reach a market size of USD 4.9 billion by 2026 from USD 4.1 billion in 2021, at a CAGR of 3.4 %. The market growth is being led by the increasing demand of adhesives in place of traditional fasteners. They provide strong bonds, clean finishes and are lightweight. They do not rust and have sealant properties. The growing demand in the packaging industry specially in furniture and cabinet. APAC region is the largest market for wood adhesives. The major concern is regarding the environmental and health impact of synthetic resin adhesives.
- Mold Release Agents Market-Global Forecast to 2027 described in a new market report
- Nutraceutical Packaging Market estimated to grow according to forecasts
- Aluminum Rolled Products Market described in a new report
- Metal Foam Market investigated in the latest research
- Global Feed Phosphates Market projected to reach USD 3.2 billion by 2028