Information Technology & Services

  Antimicrobial Additives Industry Overview The global antimicrobial additives market size was valued at USD 2.65 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2022 to 2030. The rising population and rapid urbanization in emerging economies of Asia Pacific are likely to boost the growth of the end-use industries, which, in turn, is expected to escalate the product demand over the forecast period. The product demand is expected to increase majorly in the healthcare and packaging application industries. Rising demand for healthcare and packaging products, due to the growing number of COVID-19 cases around the world, is projected to support the market growth. The Asia Pacific is expected to dominate the global market on account of the strong presence of the major healthcare product manufacturers. After the pandemic, Japan, India, and Indonesia are expected to contribute to the growth of the construction sector in the Asia Pacific region...

  North America Dispensing Pumps Industry Overview The North America dispensing pumps market size was estimated at USD 743.0 million in 2021 and is expected to expand at a compounded annual growth rate (CAGR) of 6.0% from 2022 to 2030. Growth in the production of perishable products coupled with high production of packaged food is anticipated to contribute to the ascending demand for packaging materials. The market witnessed a severe decline during the pandemic. However, the products such as sanitizers and related antibacterial witness an exponential demand during 2020, thus creating growth opportunities for the dispensing pumps manufacturers in the particular segment. However, the measures to mitigate the spread of COVID-19 such as strict restrictions on the population mobility and suspension of flights during the pandemic led to a brief halt in the tourism operations. This in turns impacted the demand for food and beverage products in the HORECA end-use, thus negatively influen...

  Technical Textile Industry Overview The global technical textile market size was valued at USD 180.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.7% from 2022 to 2030. Increasing awareness regarding the benefits of technical textiles in various end-user industries is expected to drive the market over the forecast period. The global technical textiles industry has experienced moderate growth as a consequence of the economic recession caused by the Covid-19 crisis. During the initial phase, the industrial activities observed setbacks, as a result, the market has also experienced a catastrophic setback. The spread of COVID-19 in the U.S positively influenced the demand for textiles. The stay-at-home instructions have also influenced the demand for hometech products. The U.S. is expected to be the largest market for technical textiles in North America, on account of the expansion of industries including medical, agriculture, and constructio...