Group items tagged

"The global paper products market size is expected to reach USD 342.2 billion by 2025 with a CAGR of 4.43%. Major factor driving the market includes rising demand for paper packaging in the FMCG, pharmaceutical, and hospitality industries. Growing awareness about the adverse effects of using plastic packaging is also boosting the demand for paper products. The paper packaging application segment accounted for 44.4% of the global market in 2018 and is also expected to witness the fastest CAGR from 2019 to 2025. Leading brands are replacing plastics in their product packaging with paper. For instance, in October 2017, Apple launched iPhone 7 with 84% less plastic content in its packaging than in the packaging of iPhone 6."

"The global hand dryers market size is expected to reach USD 1.7 billion by 2025, expanding at a CAGR of 11.5% from 2019 to 2025. A key factor contributing to the marketgrowth is decrease in oil and gasoline reserves. Over 464 gallons of oil and 42 gallons of gasoline are used to make one ton of paper towels. Hand dryers reduce the usage of gas and fuel and contribute towards greener solutions. Demand for these products is increasing as it helps in eliminating the mess caused by the usage of paper towels, thereby improving the restroom appearance."

"The global Sodium Silicate Market is estimated to witness a staggering growth during the forecast horizon; i.e. between 2017 and 2028. Sodium Silicate is used in the manufacture of silica gel and soaps detergents. It is also used in cement concrete mixture, as a fire proofing material, wall coating, and as a sealant. It has also found its application in textile and pharmaceutical industries. The raw materials required for preparing sodium silicate consist of silica sand and soda ash which are locally available, thus, reducing the investment costs on raw materials. The market has also witnessed demand from pulp and paper factories. Its future demand will rise due to a growing demand from end-user industries like pulp and paper mills, soap and detergent, paint, pigment, and adhesive manufacturers. Numerous research activities have been conducted on the principles of cleaning processes, serving to establish the value of sodium silicates as detergents. The soaps and detergents segment held a major chunk of the revenue share and is estimated to continue to develop further by the year 2028. PQ Corporation offers a complete line of products, including storage, maintenance, handling, and distribution support to its clients."