Market Material Research

  Metalworking Fluids Industry Overview The global  metalworking fluids market  size is expected to reach USD 15.1 million by 2030, as per the new report by Grand View Research, Inc., registering a CAGR of 3.8% in the forecast period. The demand is attributed to arise in demand for automotive and industrial machinery. Individual end-use sectors, such as machinery, metal fabrication, and transportation equipment, are driving the expansion of the market.   The market is also expected to be driven by strong development in the machinery and transportation equipment end-use industries over the projected period. Manufacturing is one of the core industries in North America and Europe. Advances in the manufacturing methods for the production of sophisticated end-use products, coupled with the increase in the exports of construction machinery and power, agricultural, and automotive equipment, have fueled the market growth.   Metalworking Fluids Market Segmentation ...

  Textile Industry Overview The global  textile market  size is anticipated to reach USD 1,420.3 billion by 2030, registering a CAGR of 4.0% over the forecast period, according to a new report by Grand View Research, Inc. The rising consumer awareness levels coupled with rapidly changing trends in the fashion industry are projected to drive market growth. The rise in the e-commerce platforms that support sales and distribution of different types of products manufactured by the textile industry is also expected to drive the demand for textile-related products, thereby augmenting the market growth. In addition, stringent regulations to ensure labor or worker safety in various application industries are propelling the demand for Personal Protective Equipment (PPE), which requires wool or treated cotton as a raw material. Textile Market Segmentation Grand View Research has segmented the global textile market on the basis of raw material, product, application, an...

  Lignin Industry Overview The global  lignin market  size is expected to reach USD 1.12 billion by 2027, according to a new report by Grand View Research Inc. It is anticipated to expand at a revenue-based CAGR of 2.0% over the forecast period. Wide acceptance of lignin as a natural feed additive is anticipated to drive the demand. Increasing application in construction and industrial sectors is also likely to support the growth.   Refined lignin is obtained from pulping process, thus, major pulp and paper manufacturers engage in lignin production, which is projected to support the market growth. Commercial availability of the products coupled with increasing demand from application, such as macromolecules and aromatics is anticipated to positively influence the market in the forthcoming years. Technological advancements in lignin products have promoted manufacturing of advanced materials including carbon fiber, vanillin, phenols, and BTX that can be further pro...

  Warehouse Management Systems Industry Overview The global  warehouse management systems market  size is anticipated to reach USD 11.08 billion by 2030, advancing at a CAGR of 16.1% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growing transition towards cloud-based management systems in the warehouse industry is anticipated to boost the demand for WMS based on the Software-as-a-Service (SaaS) model.   Advancements in cloud-based technologies are estimated to fuel the adoption of WMS software, irrespective of the organization's size and complexity where these solutions are used. Surging demand for cloud-based systems can primarily be attributed to medium and small-sized businesses that do not require the implementation of advanced warehouse technologies and high-speed automation. Larger organizations are also switching to cloud-based warehouse management systems, as it allows organizations to offload exhausting tasks such as maint...

  Custom T-shirt Printing Industry Overview The global  custom t-shirt printing market  size is anticipated to reach USD 9.18 billion by 2030, exhibiting a CAGR of 9.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. Increasing preference for fashionable, customized, and unique clothing, as well as rising disposable income within the young population, are major factors driving demand for custom t-shirts worldwide. Customized t-shirts are primarily targeted toward the young population as these t-shirts allow them to design a t-shirt matching their style, personality, and preference.   Customized sportswear and trendy gym clothes are becoming more popular as people are getting into the athleisure trend. Sports teams and clubs of almost all sports worldwide have started wearing custom-designed jerseys and t-shirts with their unique logo and design. Every sporting club is nowadays following the trend to provide a unique appearance to their t...

  Horizontal Directional Drilling Industry Overview The global  horizontal directional drilling market  size is estimated to reach USD 14.86 billion by 2028, expanding at an estimated CAGR of 6.7% from 2021 to 2028, according to a new report by Grand View Research, Inc. The rising emphasis on minimizing the environmental impact of drilling and boring activities, rapid urbanization, and the inconvenience caused to the public due to the increased open-cut utility installations are some of the key factors driving the Horizontal Directional Drilling (HDD) market growth. Rising environmental concerns have contemplated regulatory bodies worldwide to create regulations that require organizations to minimize ecosystem exploitation. For instance, the U.S. Environmental Protection Agency (EPA) and Occupational Safety and Health Administration (OSHA) require that unconventional oil and gas exploration companies abide by the specified safety standards to minimize environmental dama...

  Material Handling Equipment Industry Overview The global  material handling equipment market  size is expected to reach USD 44.5 billion by 2028, according to a study report by Grand View Research Inc. The market is expected to expand at a CAGR of 7.4% from 2021 to 2028. Rapid industrialization and increased demand for automation in material handling equipment will drive market growth over the forecast period. Further, an upsurge in e-commerce growth worldwide will also act as a catalyst for future market growth. However, the lack of a skilled workforce to operate automated system functions may limit adoption to a certain extent. The COVID-19 pandemic forced several companies to operate with a limited workforce. Therefore, the demand for automated systems/equipment witnessed an uptick in 2020, a trend expected to continue over the next few years. Although the overall product demand witnessed a decline, the pandemic offered avenues for vendors to focus on encouraging t...