Sustainable Packaging Innovations to Reflect Positively on the Global Consumer Packaging Market
Published: Sep 2020
The global consumer packaging market is anticipated to grow at a CAGR of 5.1% during the forecast period (2020-2026). Rising inclination towards sustainable packaging is contributing to the increasing innovations in the consumer packaging sector. Diageo plc, Unilever plc, Nestlé S.A., and the Coca Cola Co. are some major food and beverage and personal care companies that are replacing their product packaging with 100% recyclable packaging.
Stringent Vehicle Emission Regulations to Drive the US Automotive Ceramics Market
Published: Sep 2020
The US automotive ceramics market is estimated to grow at a CAGR of 5.6% during the forecast period. Stringent vehicle emission regulations are one of the factors driving the US automotive ceramics market. The Tier 3 Motor Vehicle Emission and Fuel Standards program is part of a broad approach to decrease the effect of motor vehicles on public health and air quality.
Emerging Focus on Electric Vehicles Manufacturing to Drive the UK Automotive Ceramics Market
Published: Sep 2020
UK automotive ceramics market is estimated to grow at a CAGR of 5.0% during the forecast period. The UK automakers are significantly focusing on electric vehicles (EVs) manufacturing owing to the expanding sales of electric vehicles. In the UK, there several producers of electric vehicles, which include Jaguar Land Rover (JLR), Nissan, PSA’s Vauxhall, BMW Mini, and Toyota.
Rising Automotive Industry to Reflect Positively on the North American Automotive Ceramics Market
Published: Sep 2020
North American automotive ceramics market is estimated to grow at a CAGR of 5.2% during the forecast period. The growing automotive industry is the major factor contributing to the growth of the market. As per the International Trade Administration, the US has one of the largest automotive markets across the globe.
Emerging R&D on Electric Vehicles to Offer an Opportunity for European Automotive Ceramics Market
Published: Sep 2020
The European automotive ceramics market is estimated to grow at a CAGR of 5.2% during the forecast period. In July 2020, The German Government declared that it would invest over $1.7 billion in battery cell research and production, opening with nearly $354 million funding awarded to Varta, a battery company.
Stringent Vehicle Emission Regulation to Reflect Positively on Asia-Pacific Automotive Ceramics Market
Published: Sep 2020
Asia-Pacific automotive ceramics market is estimated to grow at a significant CAGR of 6.8% during the forecast period. Stringent vehicle emission regulation is one of the crucial factors driving the growth of the market. On June 28, 2018, the Ministry of Ecology and Environment (MEE) of the People’s Republic of China launched the final rule for the China VI emission standard for heavy-duty vehicles. This emission standard was implemented in two phases.
Emerging Demand for Electric Vehicles to offer an Opportunity for the Global Automotive Ceramics Market
Published: Sep 2020
The global automotive ceramics market is estimated to grow at a CAGR of nearly 5.5% during the forecast period. The emerging demand for electric vehicles is primarily contributing to the growth of the market. Increasing strict emission regulations is leading to an emerging adoption of electric vehicles that supports reducing fuel cost and lowers emission.
Increasing Population and Urbanization to Increase the Demand for Textile Across the Globe
Published: Sep 2020
The global textile is estimated to record a substantial CAGR during the forecast period (2020-2026). The textile sector is remarkably diverse with an abundance of material available across the globe. Increasing population, disposable income, and urbanization in countries including China, India, Brazil, and Mexico, among more have given rise to the growth rate of the overall textile industry.
Rising Industrial Application Stands as the Major Driver for Textile in North America
Published: Sep 2020
The North American textile market is estimated to display a moderate CAGR during the forecast period (2020-2026). The textile sector in the North America is considered among the largest market across the globe.
Strong Domestic Consumption Playing an Important Role in an ever-growing Indian Textile Industry
Published: Sep 2020
The Indian textile market is expected to exhibit a rapid CAGR during the forecast period (2020-2026). The driving factors for the Indian textile market include strong domestic consumption, strong export demand, rise in consumerism and higher disposable incomes, and entry of several foreign players including Guess, Next, and Marks & Spencer.