Market Material Research

  For over a century, the steel industry has been the backbone of global development, literally. From skyscrapers to railroads, bridges to batteries, steel has built the modern world. But it also left behind a significant carbon footprint. Today, that narrative is rapidly shifting. The green steel market is now a key driver of revenue growth and strategic expansion within the global steel industry. As industries align with net-zero targets and stricter ESG mandates, green steel is produced using low-emission technologies such as hydrogen-based direct reduction and electric arc furnaces. Due to such sustainable steel manufacturing initiatives, the  global steel market  is growing rapidly, with a projection to attain a revenue of USD 1.92 trillion in the next five years. This shift is not only reshaping the future of steel production but also opening up significant opportunities for innovation, investment, and market diversification across the industrial landscape. Why Stee...

  The   North America electrical steel market   size is expected to reach USD 5.17 billion by 2030, expanding at a CAGR of 6.6% from 2025 to 2030, according to a new report by Grand View Research, Inc,.The market is projected to be driven by the increasing production of electric vehicles (EVs) and the rising need to improve energy efficiency in North America. Electrical steel is an iron alloy, also referred to as transformer steel, silicon electrical steel, and lamination steel. It is a soft magnetic material, which possesses enhanced electrical properties. It finds its usage in various applications such as motors, generators, solenoids, relays, and electromagnetics. Based on product, non-grain-oriented (NGOES) held a revenue share of over 65.2% in 2024 of the market. NGOES find applications in the entire energy value chain from generators to motors and appliances. It is available in numerous grades depending on properties, composition, and applications. Based on applicat...

  The global railing market size is expected to reach USD 71.73 billion by 2030 and is anticipated grow at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the rising investments in residential and non-residential construction owing to the rise in the population. Moreover, the migration of people from rural to urban areas for better growth opportunities is expected to further fuel the market growth. There has been a growing demand for composite railings in developed countries such as the U.S. and Canada as they are more economical than other materials in terms of their installation costs. Moreover, the demand for composite is also rising worldwide as they are environment-friendly. Several customers choose composite materials for developing railings due to environmental concerns. Composite railings are manufactured from recycled materials, such as discarded plastic milk bottles, plastic bags, and sawdust, which ofte...

The global gift wrapping products market size is anticipated to reach USD 31.31 billion in 2030 and is projected to grow at a CAGR of 8.4% from 2024 to 2030. The market is expected to witness rapid growth due to increase in product offerings by manufacturers in the market, along with increased spending by consumers on presents. The paper and board segment accounted for the largest market revenue share of 78.3% in 2023. Moreover, due to the overall ban imposed on plastic, biodegradable paper has witnessed significant product visibility. This is expected to propel market growth during the forecast period. Other materials such as textile and glass based wrapping products are also gaining traction due to increase in gifting food and beverage items such as chocolates, wine, and champagnes. Wrapping paper accounted for the largest market revenue share in 2023. Availability of a variety of colored, printed, and textured paper is expected to drive its demand in the next few years. Decorative...

 The increasing disposable income and the rising middle class in many countries have led to a growing desire for unique and experiential travel experiences. Safari tourism offers an immersive and adventurous experience in the wild, appealing to the aspirations of modern travelers. The growing interest in sustainable and responsible tourism practices has contributed to the growth of safari tourism. Travelers are seeking experiences that promote conservation efforts, support local communities, and protect wildlife habitats. Safaris often involve eco-friendly practices and provide opportunities for travelers to engage in wildlife conservation activities. Furthermore, advancements in transportation and infrastructure have made safari destinations more accessible to a larger audience. Improved air connectivity, better road networks, and enhanced tourism infrastructure in safari regions have made it easier for travelers to access remote wildlife areas.   Access the Global Safari T...

  Adhesive Tapes Industry | Forecast 2030 The economic value generated by the adhesive tapes industry was estimated at approximately USD 72.20 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of adhesive tapes, distribution & supply, and various products of adhesive tapes. The rising application of adhesive tapes in industries such as construction, automotive, aerospace, electrical, and sports propels the global demand for adhesive tapes. Furthermore, increasing penetration of health care and hospitality industries in major developing countries such as India, China, Mexico, and Brazil is expected to boost demand for adhesive tapes over the forecast period.   Access the Global Adhesive Tapes Industry Data Book, 2023 to 2030 , compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & techno...