Replacement of metals with plastics in automotive applications is driving the Black Masterbatches Market
The black masterbatches market is projected to reach USD 3.0 billion by 2026, at a CAGR of 4.4 % from USD 2.4 billion in 2021.
This growth is mainly supported by the increasing need for innovative and attractive plastic products from the packaging industry. Most of the polymer manufacturers have switched the processing method of plastics from compounding to masterbatch. This process is cost-effective...
Emerging economies offer high growth potential to Blister Packaging Market
The blister packaging market size is projected to grow from USD 24.1 billion in 2020 to USD 34.1 billion by 2025, at a CAGR of 7.2%. The blister packaging market is witnessing growing demand from end-use industries such as healthcare, food, consumer goods, and industrial goods. Its growth is attributed to cost-effectiveness and tamper-evident design for product protection.
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Industrial Packaging Market worth $72.6 billion by 2025
The global industrial packaging market size is projected to grow from USD 58.8 billion in 2020 to USD 72.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast year. According to the European Industrial Packaging Association (EIPA), “Industrial Packaging is, first and foremost, designed and manufactured to offer protection to the products during each phase of production...
At a CAGR of 6.9% – Tube Packaging Market Value is Expected up to USD 9.30 Billion By 2021
The report “Tube Packaging Market by Type (Squeeze Tubes, Twist Tubes), Application (Cosmetics & Oral Care, Food & Beverages, Pharmaceuticals, Cleaning Products), Material (Laminated, Aluminum, Plastic), and Region – Global Forecast to 2021″, The tube packaging market size is estimated to grow from USD 6.65 Billion in 2016 to USD 9.30 Billion by 2021, at a CAGR of 6.9%.
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