Research Nester released a report titled “Aluminum Composite Panels  Market: Global Demand Analysis & Opportunity Outlook 2028″ which delivers detailed overview of the aluminum composite panels market in terms of market segmentation by application, by type, by product and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

With rising international pressure upon governments to curb carbon emissions, the concept of green buildings is being readily promoted. Additionally, building and construction activities in the low and middle income countries have been rapidly growing. Owing to these factors, the market size of the aluminum composite panels market is anticipated to grow at a notable CAGR during the period 2020-2028.

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The market is segmented by application into buildings & constructions, transportation, automotive, advertising boards, railways and others. The building & construction segment is anticipated to grow at the fastest rate on the back of high consumption of aluminum composite panel in the sector and growing popularity of green building concept.

On the basis of geography, the aluminum composite panels market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region out of which, the market in North America is anticipated to hold the largest market share on the back of use of sophisticated technology for business development and increasing investment in aluminum composite panel technology.

Rising Building and Construction Activities

As the world is continuously developing, it is going through a phase of rapid urbanization. As the per capita income is rising, so is the real estate sector. Rapidly growing building and construction activity is set to drive the market growth during the forecast period. However, high cost of the raw product, intense competition and high initial investment are some factors expected to operate as key restraints for the growth of the aluminum composite panels market in future.

This report also provides the existing competitive scenario of some of the key players of the global aluminum composite panels market which includes company profiling of Mitsubishi Chemicals Holdings Corp. (TYO:4188), Arconic Corp. (NYSE:ARNC), Alcoa Inc. (NYSE:AA), Harwal Group, Viva Composite Panels Pvt. Ltd., 3A Composites GmbH, Alstrong Enterprises, Aludecor Lamination Pvt. Ltd., Mbond Manufacturer Sdn Bhd and Kingaluc.

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The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global aluminum composite panels market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Research Nester released a report titled “Hand-Held Capping Machines Market: Global Demand Analysis & Opportunity Outlook 2028” which delivers detailed overview of the global hand-held capping machines market in terms of market segmentation by size, cap range, torque range, driven input, end user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

Hand-held capping machines are used for the effective and quick capping of the bottle in order to keep the liquid safe present inside the bottle. Owing to its advantages such as reduced capping time and high efficiency as well as increased production output, the hand-held capping machines market is anticipated to record a significant CAGR over the forecast period, i.e., 2020-2028. The market is segmented by driven input into electric and non-electric, out of which, the segment for non-electric is anticipated to hold the leading share in the market. This can be attributed to the low costs, more torque and higher rpm range offered by the hand-held capping machines.

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Based on the regional analysis, the hand-held capping machines market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America is predicted to hold the leading share in the market on account of application of advanced technology in product packaging industries in the region, as well as for the presence of leading market players.

Growing Demand for Packaged Consumer Products to Boost the Market Growth

In 2017, bottled water volume grew to 13.7 billion, a 7 percent increase over the previous year and bottled water sales totalled $18.5 billion, an increase of 8.8 percent as per the statistical data from International Bottled Water Association (IBWA).

There is an increasing demand for machines to facilitate the capping process more quickly and easily in order to meet the rise in requirements of packaged drinking water and beverages. Further, the benefits such as portability and durability of packaged bottle in handling the liquid products is anticipated to increase the market growth over the forecast period. However, concerns regarding complexities involved in capping operations coupled with the high price of hand-held capping machine is estimated to hamper the market growth.

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This report also provides the existing competitive scenario of some of the key players of the global hand-held capping machines market which includes company profiling of APACKS Packaging, Inc., Automation Devices, Inc. (SWAN-MATIC), Kinex Cappers®, LLC, ACCUTEK Packaging Equipment Companies, Inc., Quick Capper,The Cary Company, Spheretech Packaging India Private Limited and Medi-Pack Process & Technologies. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global hand-held capping machines market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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The global cobalt carbonate market can be segmented on the basis of source type, product, application, end-user and region. On the basis of source type, it is sub-segmented into natural and synthetic. On the basis of product, it is sub-segmented into wet solid and dry powder. Dry powder is anticipated to be the major sub-segment on the account of the increasing application of the powder form of the cobalt carbonate in the paints industry. On the basis of application, it is sub-segmented into paint additives, intermediates, paint pigments, coating additives and agricultural chemicals. Paints pigment is anticipated to be the leading sub-segment for the application segment. On the basis of end-users, it is sub-segmented into paint industry, automotive industry, agriculture industry, chemical industry, pharmaceutical industry, aerospace industry and food industry. Paint industry is anticipated to be the largest sub-segment during the forecast period. The large applications of the cobalt carbonate in the paint industry as it is used as catalyst is anticipated to be the major factor supporting the growth of the sub-segment during the forecast period.

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The large application of the Cobalt Carbonate in various end-use industries is driving the growth of the global cobalt carbonate market during the forecast period. Thus, it is anticipated to foster a healthy CAGR during the forecast period.

By region, global cobalt carbonate market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. Asia-Pacific is anticipated to lead the global cobalt carbonate market during the forecast period. The rapidly expanding end-use industries in the region is anticipated to upsurge the demand for the cobalt carbonate. Europe is anticipated to follow the Asia-Pacific region and is expected to showcase noteworthy growth during the forecast period. The rising industrialization in the region leads to the expansion of the automotive industry. This in turn is anticipated to boost the market growth of the global cobalt carbonate.

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The increasing expansion of the various end-use industries is anticipated to boost the growth of the global cobalt carbonate market

The widespread expansion of the various industries especially in the developing countries such as China and India increases the application of cobalt carbonate in various end products. This is anticipated to boost the growth of the overall cobalt carbonate market.

The report titled “Cobalt Carbonate Market: Global Demand Analysis & Opportunity Outlook 2027” delivers the detailed overview of the global bioactive coating devices market in terms of market segmentation by source type,  product ,by application, by end-user and by region.

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Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model. This report also provides the existing competitive scenario of some of the key players of the global cobalt carbonate market which includes company profiling of key companies such as Imerys Pigments, Celtic Chemicals, IS Chemical Technology, KEZI INDUSTRIES, Ark Pharm, Inc., Finetech Industry Limited, VladaChem, MP Biomedicals and Aurora Fine Chemicals LLC. The outlining enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the Global Cobalt Carbonate market that is expected to help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Research Nester published a report titled “Aerosol Valves Market: Global Demand Analysis & Opportunity Outlook 2028” which delivers a detailed overview of the aerosol valves in terms of market segmentation by type, by application and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis, and Porter’s five force model.

An aerosol valve is the equipment that discharges the contents in the form of a spray from the pressurized containers, and are commonly used in the packaging of food products, personal care products, hairsprays, deodorants, pharmaceutical, insecticides, and other household products. The global aerosol valves market is segmented by type and application. The continuous segment, which forms a sub-segment of the type segment, is anticipated to hold the leading shares on the back of the rising concerns about safety and hygiene of consumer products, along with the high durability, user-friendly, and high recycling rates of continuous aerosol valves.

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The global aerosol valves market is anticipated to record a notable CAGR in the forecast period i.e. 2020-2028. Increasing demand for aerosols, that are used for household cleaning and the growing demand for personal care products, which is raising the need amongst the manufacturers of aerosol products to consume more amount of aerosol valves in their packaging process of the aerosol products are some of the factors anticipated to promote the growth of the global aerosol valves market. In the statistics by the International Trade Centre, imports of scent sprays and similar toilet sprays and mounts and heads thereof peaked to USD 1143096 thousand in the year 2019 from USD 760930 thousand in the year 2010.

Regionally, the worldwide aerosol valves market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region, out of which, the market in North America is anticipated to hold the largest share on the back of increasing disposable income, which is raising the demand for personal care, automotive, healthcare, and other food products. Apparently, factors such as the rising awareness regarding product wastage and recycling of containers, increasing competition among manufacturers, and the dynamic consumer preference for high-quality and convenient packaging are anticipated to drive the North America aerosol valves market.

Rapid Rising of Healthcare and Personal Care Industry

In the statistics by the World Health Organization (WHO), during the period 2001 to 2017, global spending on health grew by 3.9% per year. Moreover, the statistics also stated that the spending on health increased to US$ 7.8 trillion in 2017 from US$ 7.6 trillion in 2016.

Aerosol products are used widely by consumers worldwide in different product forms.

Most of the aerosol products are consumer health products and they form a significant part in an individual’s day to day life. Increasing spending on health is therefore anticipated to raise the demand for aerosol products, which in turn will raise the need amongst manufacturers of those products to increasingly use aerosol valves in the packaging of those aerosol-based products. Moreover, the increasing demand for aerosol-based products across different end use applications are also anticipated to drive the growth of the global aerosol valves market.

However, fluctuations in the prices of raw materials and the availability of alternatives are expected to operate as a key restraint to the growth of the aerosol valves market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global aerosol valves market which includes company profiling of Aptar Group, Inc. (NYSE: ATR), Coster Tecnologie Speciali S.p.A., Precision Valve Corporation, LINDAL Group Holding, Mitani Valve Co., Ltd., Summit Packaging Systems, Clayton Corp., Newman Green Inc., The Salford Valve Company Ltd. and KOH-I-NOOR Mladá Vožice a.s.

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The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global aerosol valves market that will help industry consultants, equipment manufacturers, and existing players searching for expansion opportunities, new players searching possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

The global veterinary pain management drugs market is segmented into opioids, agonists, Local Anesthetics, NSAIDs (Non-steroidal Anti Inflammatory Drugs), Disease-modifying Osteoarthritis Drugs (DMOAD) and others. Growing number of veterinary clinics and hospitals across the globe is aiding to the growth of veterinary pain management drugs market. Moreover, growing spending on pet healthcare is expected to accelerate the growth of the veterinary pain management drugs market in the upcoming years.

Global veterinary pain management drugs market is expected to flourish at a CAGR 0f 7.8% over the forecast period. Rising prevalence of animal diseases coupled with increasing number of veterinary hospitals and clinics are likely to spearhead the growth of the veterinary pain management drugs market. Moreover, the global veterinary pain management drugs market is expected to garner noteworthy revenue by the end of 2024.

North America accounted for largest market share in overall veterinary pain management drugs market in 2016. Moreover, North America is expected to continue its dominance over the forecast period. Increasing number of veterinary practitioners in the region is believed to significantly increase the demand for veterinary pain management drugs during the forecast period. U.S. is witnessing the augmented demand for veterinary pain management drugs. Asia Pacific is also expected to showcase significant growth in the veterinary pain management drugs market. Increasing adoption of companion animals coupled with growth in number of veterinary clinics signals promising growth of veterinary pain management drugs market in the upcoming years.

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Rising Number of Veterinarians Across the Globe

Rise in the number of veterinarians across the world is believed spearhead current and future market growth of Veterinary Pain Management Drugs during the forecast period. For instance, according to American Veterinary Medical Association, in U.S., the number of veterinarians increases from 92,547 in 2011 to 107,995 in 2016. Moreover, the number of veterinarians is expected to increase across the globe which is expected to drive the growth of the veterinary pain management drugs market.

However, increasing cost of veterinary pet care is expected to negatively impact the growth of the global veterinary pain management drugs market.

Growing Pet Ownership

Significant increase in the number of pet parents or pet owners who consider pet as a part of their family is anticipated to positively impact the growth of the market. For instance, As per PetSecure, more than 90% of the Americans consider pets as a part of their family. In addition, pet owners are spending more on the healthcare of pets due to their strengthening bond. This factor is anticipated to positively impact the growth of the Veterinary Pain Management Drugs Market.

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The report titled “Global Veterinary Pain Management Drugs Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global veterinary pain management drugs market in terms of market segmentation by product, by animal type, by application, by distribution channel and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global veterinary pain management drugs market which includes company profiling of Boehringer Ingelheim, Zoetis, Inc. , Merck Animal Health , Elanco , Bayer AG, Vetoquinol S.A., Ceva Sante Animale, Virbac Group, Norbrook Laboratories Ltd, Dechra Pharmaceuticals and other key players . The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the Global veterinary Pain Management Drugs market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Recent report published by research nester titled “Polyolefin Resin Market: Global Demand Analysis & Opportunity Outlook 2027” delivers the detailed overview of the global polyolefin resin market in terms of market segmentation by product type, application type, end user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

Polyolefin resin is a type of synthetic resin and is manufactured from the polymerization of olefins. Polyolefin resins are high molecular weight hydrocarbons which include polyethylene, polypropylenes that comprise of resins and copolymers. The global polyolefin resin market can be segmented on the basis of product type, application type and end-user. On the basis of product type, it sub-segmented into PE (polyethylene), PP (polypropylene) and FPO (Flexible polyolefin). On the basis of application type, it further sub-segmented into blow molding, film & sheet, injection molding, fibers & raffia and extrusion coating. On the basis of end-users, it is further sub-segmented into automotive, packaging, electronics, plastic and construction materials. The automotive sub segment is anticipated to grow at highest rate on the account of availability of lightweight of polyolefin which can be incorporated in the vehicles in order to reduce weight.

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The Global Polyolefin Resin Market is anticipated to reach around USD 387.09 Bn by 2027. The CAGR of global polyolefin resin market is around 8.1% during 2017-2027. The increasing demand from various end-user industries such as automobile and packaging and is anticipated to increase the market size of polyolefin resin in the upcoming years.

By region, Asia-Pacific region is anticipated to dominate global polyolefin resin market on the account of rapid industrialization and easy availability of raw materials which attracts key manufacturers to setup the plants. Rapid industrialization in the developing countries such as China and India is fostering the growth of industrial setup especially in automotive industry.

Stringent government policies to use environment friendly resin is anticipated to fuel the market of polyolefin resin

Strict government regulations are significantly driving the food industry in North America and Europe. High grade and innovative olefins are used for packaging and labeling food articles. The government norms and regulations across the globe have forced the key players to innovate constantly and improve product quality through sustainable development measures. Stringent regulations related to waste disposal are expected to drive improvement in the use of Polyolefin Resin. Innovation in plastic industry is also backed by several investments in order to cater to a larger customer base. The polyolefin resin market is primarily driven on the back of the augmented rate of replacement of PVC with polyolefin as it suitable for a variety of industrial applications. The low cost and the capability of being manufactured with the help of a number of modern technologies such as injection molding, blow molding and extrusion is also expected to drive the market.

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This report also provides the existing competitive scenario of some of the key players of the global polyolefin resin market which includes company profiling of key companies such as ASF SE, Bayer MS, The Dow Chemical Co., DuPont, SABIC, Lanxess AG, Total S.A., Formosa Plastics Group, Americas Styrenics, Styrolution Group GMBH, Henjiang Chimei Chemical Co., Ltd, PS Japan Corporation, Styron LLC, TOTAL Gestion USA, Ineos Nova LLC, Total Petrochemicals, Owens Corning and Nova Chemicals Corporation.

 The outlining enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global polyolefin resin market that is expected to help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Research Nester released a report titled “Aluminum Composite Panels  Market: Global Demand Analysis & Opportunity Outlook 2028″ which delivers detailed overview of the aluminum composite panels market in terms of market segmentation by application, by type, by product and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

With rising international pressure upon governments to curb carbon emissions, the concept of green buildings is being readily promoted. Additionally, building and construction activities in the low and middle income countries have been rapidly growing. Owing to these factors, the market size of the aluminum composite panels market is anticipated to grow at a notable CAGR during the period 2020-2028.

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The market is segmented by application into buildings & constructions, transportation, automotive, advertising boards, railways and others. The building & construction segment is anticipated to grow at the fastest rate on the back of high consumption of aluminum composite panel in the sector and growing popularity of green building concept.

On the basis of geography, the aluminum composite panels market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region out of which, the market in North America is anticipated to hold the largest market share on the back of use of sophisticated technology for business development and increasing investment in aluminum composite panel technology.

Rising Building and Construction Activities

As the world is continuously developing, it is going through a phase of rapid urbanization. As the per capita income is rising, so is the real estate sector. Rapidly growing building and construction activity is set to drive the market growth during the forecast period. However, high cost of the raw product, intense competition and high initial investment are some factors expected to operate as key restraints for the growth of the aluminum composite panels market in future.

This report also provides the existing competitive scenario of some of the key players of the global aluminum composite panels market which includes company profiling of Mitsubishi Chemicals Holdings Corp. (TYO:4188), Arconic Corp. (NYSE:ARNC), Alcoa Inc. (NYSE:AA), Harwal Group, Viva Composite Panels Pvt. Ltd., 3A Composites GmbH, Alstrong Enterprises, Aludecor Lamination Pvt. Ltd., Mbond Manufacturer Sdn Bhd and Kingaluc.

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The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global aluminum composite panels market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

The global flavored tea market is anticipated to record significant growth over the forecast period i.e. 2019-2027 owing to health benefits associated with flavored tea and an urban shift from traditional tea. Rapid industrialization and urbanization have led to change in lifestyle resulting in more health diseases.

The global flavored tea market is anticipated to record significant growth over the forecast period i.e. 2019-2027.

The medicinal value of flavored tea over traditional tea is expected to increase product demand.

Europe is expected to witness significant growth owing to consistent ongoing innovations to produce new blends and flavors.

The medicinal value of flavored tea over traditional tea is anticipated to increase product demand. The online distribution channel is anticipated to see significant market growth on the back of better connectivity with the people coupled with availability of wide range of products.

Segmentation

The global flavored tea market is segmented by type, distribution channel type and flavor type. On the basis of type, the market is segmented into loose leaf and CTC. On the basis of distribution channel, the market is sub segmented into online and offline. By flavor, the market is categorized into fruits which is further sub-segmented into lime, strawberry, apple and others. Another segment includes flowers which is further categorized into rose, jasmine, lavender and others. The herbs segment is further segmented into chamomile, mint, rosemary and others. The spices have been further bifurcated into cinnamon, cardamom and others.

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The loose leaf segment is expected to have leading shares owing to the increasing awareness of the people regarding the health benefits associated with consumption of green tea and black tea. Herb flavors are anticipated to have leading market share followed by spices flavor which is expected to witness rapid growth during the forecast period on the back of powerful medicinal properties of cinnamon.

Regional Analysis

Asia-Pacific is anticipated to witness highest market growth owing to increase in disposable income and rise in awareness about the health benefits in countries for instance, India and China. Additionally, the overall flavored tea demand is expected to increase with green tea production to rise at an annual rate of 7.5% by 2027 resulting in China to produce approximately double the tonnes by next decade. North America is anticipated to have steady growth on the back of awareness among the people about the health benefits of flavored tea and high buying capacity of people in the region.

Europe is expected to witness significant growth owing to consistent ongoing innovations to produce new blends and flavors.

Ease of availability of tea globally coupled with added taste and associated health benefits coupled with changing consumer buying behavior are expected to act as market drivers. However, high prices associated with the exotic teas are expected to operate as a key restraint towards the growth of global flavored tea market over the forecast period.

Key Players

This report also provides the existing competitive scenario of some of the key players of the global flavored tea market which includes company profiling of Associated British Foods plc., Apeejay Surrendra Group (Typhoo Tea) (India), Tata Global Beverages Ltd. (India), Goodricke Group Ltd. (India), Golden Tips Tea, Co. Pvt. Ltd. (India), Bettys & Taylors of Harrogate Ltd., Tetley, Dilmah Ceylon Tea Company Plc., Harney and Sons Fine Teas, Unilever and Other Prominent Players.

Further, for in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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Research Nester published a report titled “Recycled Plastics Market: Global Demand Analysis & Opportunity Outlook 2028″, which delivers a detailed overview of the global recycled plastics market in terms of market segmentation by recycled plastic type, resin, scrap, recycling process, end-use, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with the detailed discussion on current and future market trends that are associated with the growth of the market.

The use of recycled plastic by the end user industries helps to lower their production costs as the extraction, refining, production, and transportation of virgin plastic requires more energy as compared to the latter. Owing to such a factor, as well as for factors such as the stringent regulatory norms of the government and the rise in awareness about the benefits of using recycled plastics, manufacturers across different industry verticals are widely using these plastics to lower their operational costs as well as to adopt a sustainable production process.

Moreover, growing concern for the environment caused due to wastes generated from single use plastics, along with the numerous government initiatives to promote recycling, are some of the additional factors anticipated to drive the market growth. The global recycled plastics market is anticipated to grow with a CAGR of 4.5% over the forecast period, i.e., 2021-2028. The market, which garnered a value of USD 36,186.0 Million, is further expected to touch USD 45,748.1 Million by the end of 2028.

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The global recycled plastics market is segmented by scrap into rigid and non-rigid. Out of these segments, the non-rigid plastics segment in the global recycled plastics market is estimated to grow with the highest CAGR of around 5.8%, while the rigid plastics segment is estimated to be the leading revenue-generating segment during the forecast period. The market is also segmented by recycled plastic type into bottles, collapsible & squeezable tubes, films, polymer foams, bags, caps & lids, and others, out of which, the bags segment is expected to garner the largest revenue of USD 9183.4 Million by the end of 2028.

Geographically, the global recycled plastics market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the market in the Asia Pacific held the leading market share in 2019 and is projected to attain a revenue of USD 15,723.6 Million in 2021. The growth of the market in this region can be primarily be attributed to the favourable government policies for plastic recycling such as Swachh Bharat Abhiyan, Plastic Shopping Bag Charging Scheme, and Zero Waste Masterplan, and others that promote recycling of plastics. Moreover, the market is also expected to garner a revenue of USD 22,097.8 Million by the end of 2028.

However, the complex process of recycling plastics is anticipated to operate as a key restraint to the growth of the global recycled plastics market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global recycled plastics market which includes company profiling of Veolia Environnement SA, Suez S.A., Imerys S.A., Plastipak Holdings, Inc., D S Smith Plc, Polindo Utama, B. Schoenberg & Co., Inc., Advanced Drainage Systems, Inc. (Green Line Polymers), KW Plastics, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global recycled plastics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Research Nester published a report titled “Recycled Plastics Market: Global Demand Analysis & Opportunity Outlook 2028″, which delivers a detailed overview of the global recycled plastics market in terms of market segmentation by recycled plastic type, resin, scrap, recycling process, end-use, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with the detailed discussion on current and future market trends that are associated with the growth of the market.

The use of recycled plastic by the end user industries helps to lower their production costs as the extraction, refining, production, and transportation of virgin plastic requires more energy as compared to the latter. Owing to such a factor, as well as for factors such as the stringent regulatory norms of the government and the rise in awareness about the benefits of using recycled plastics, manufacturers across different industry verticals are widely using these plastics to lower their operational costs as well as to adopt a sustainable production process.

Moreover, growing concern for the environment caused due to wastes generated from single use plastics, along with the numerous government initiatives to promote recycling, are some of the additional factors anticipated to drive the market growth. The global recycled plastics market is anticipated to grow with a CAGR of 4.5% over the forecast period, i.e., 2021-2028. The market, which garnered a value of USD 36,186.0 Million, is further expected to touch USD 45,748.1 Million by the end of 2028.

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The global recycled plastics market is segmented by scrap into rigid and non-rigid. Out of these segments, the non-rigid plastics segment in the global recycled plastics market is estimated to grow with the highest CAGR of around 5.8%, while the rigid plastics segment is estimated to be the leading revenue-generating segment during the forecast period. The market is also segmented by recycled plastic type into bottles, collapsible & squeezable tubes, films, polymer foams, bags, caps & lids, and others, out of which, the bags segment is expected to garner the largest revenue of USD 9183.4 Million by the end of 2028.

Geographically, the global recycled plastics market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the market in the Asia Pacific held the leading market share in 2019 and is projected to attain a revenue of USD 15,723.6 Million in 2021. The growth of the market in this region can be primarily be attributed to the favourable government policies for plastic recycling such as Swachh Bharat Abhiyan, Plastic Shopping Bag Charging Scheme, and Zero Waste Masterplan, and others that promote recycling of plastics. Moreover, the market is also expected to garner a revenue of USD 22,097.8 Million by the end of 2028.

However, the complex process of recycling plastics is anticipated to operate as a key restraint to the growth of the global recycled plastics market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global recycled plastics market which includes company profiling of Veolia Environnement SA, Suez S.A., Imerys S.A., Plastipak Holdings, Inc., D S Smith Plc, Polindo Utama, B. Schoenberg & Co., Inc., Advanced Drainage Systems, Inc. (Green Line Polymers), KW Plastics, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global recycled plastics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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