Tobacco Packaging Market Worth USD 20.45 Billion at 3.0 % CAGR

T he globa l zinc oxide market  size is predicted to reach USD 6.36 billion by 2026, exhibiting a CAGR of 5.7% during the forecast period. The increasing application of zinc oxide in the cosmetic and pharmaceutical industry will contribute positively to the zinc oxide market growth during the forecast period. The zinc oxide is a vital ingredient in the manufacturing of foot powders, makeup, bath soaps, and baby lotions. Thus, the rising demand for cosmetics products such as sunscreens, antiseptic ointments will accelerate the zinc oxide market revenue. Moreover, the rising demand for calamine creams owing to its properties to prevent sunburn, premature aging of the skin, along with the protection of skin from UV lights, will also aid the development of the market in the forthcoming years. Nonetheless, the rising emphasis on skincare and skin protection will have a positive impact on the zinc oxide market revenue. According to the report, published by Fortune Business Insights in a re

The global  construction chemicals  market size is projected to reach USD 70.91 billion by the end of 2026. The need for improved infrastructure will open up a huge potential for the growth of the market. According to a report by Fortune Business Insights, titled “ Construction Chemicals Market Size, Share & Industry Analysis, By Type (Admixtures, Flooring, Waterproofing, Repair & Rehabilitation, and Others), By Application (Residential, and Non-Residential), and Regional Forecast, 2019-2026, ” the market was worth USD 42.32 billion in 22018 and will exhibit a CAGR of 6.7% during the forecast period, 2019-2026. Construction chemicals are used as additives in cement and other construction material. They are widely used for improving the performance of several products, with a bid to establishing durable and structures and interiors. The high investment in the research and development of newer products will have a positive impact on the growth of the market in the coming years.

The global  phase change materials market  size is expected to experience significant growth by reaching USD ,174.8 million by 2027. This is attributable to the increasing adoption of phase change materials in manufacturing building materials and the stringent imposition of environmental laws to reduce greenhouse gases emissions globally. Fortune Business Insights, in its latest report, titled,  “Phase Change Materials Market Size, Share & Industry Analysis, By Type (Organic, Inorganic, & Eutectic), By Application (Building & Construction, HVAC, Thermal Energy Storage, Cold Chain Packaging, Textiles, Electronics and Others), and Regional Forecast, 2020-2027.”,  mentions that the market stood at USD 1,157.6 million in 2019 and is likely to exhibit an impressive CAGR of 21.0% between 2020 and 2027.  The lockdown imposed by the government agencies to limit the spread of the novel coronavirus has led to a major disruption in the supply chain operations. This is due to the sus

The global  drip irrigation market  size is projected to reach USD 9.37 billion by the end of 2026. The increasing number of farming activities will bode well for the market in the coming years. According to a report published by Fortune Business Insights, titled “ Drip Irrigation Market Size, Share & Industry Analysis, By Component (Emitters, Drip Tubes/Drip Lines, Pressure Pumps, Filters, Valves, and Others), Crop Type (Field Crops, Orchard Crops, Landscape & Turf, and Others), Application (Surface and Subsurface), and Regional Forecast, 2019 – 2026 ,” the market was worth USD 4.63 billion and will exhibit a CAGR of 9.3% during the forecast period. The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are som

The global  tobacco packaging market  size witnessed progressive growth in the past few years with the advent and the increasing popularity of smokeless tobacco firms worldwide. These products such as gutka, chewing tobacco, snus, snuff, and gum acts as substitutes for cigarettes and are smokeless. As per a recent report by Fortune Business Insights titled,  “Tobacco Packaging Market Size, Share & Industry Analysis, By Material (Plastics, Paper, Paperboard, and Others), By Packaging Type (Primary and Secondary), and Regional Forecast, 2020-2027,”  this market is likely to rise at a CAGR of 3.0% and reach USD 20.45 billion by 2027 from USD 16.15 billion earned in 2019. The forecast period set for this market is between 2020 to 2027. The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several comp

The global  nanocomposites market  size is projected to reach USD 14.34 billion by the end of 2027. The increasing applications of the product across diverse industry verticals will emerge in favor of market growth. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “ Nanocomposites Market Size, Share & Industry Analysis, By Type (Polymer, Metal, Ceramic, Others), By Product (Carbon Nanotubes, Nanoclay, Graphene, Nanofiber, Others), By Application (Packaging, Electrical & Electronics, Automotive, Aerospace & Defense, Others), and Geography Forecast, 2020-2027 ” the market was worth USD 4.32 billion and will exhibit a CAGR of 16.3% during the forecast period, 2020-2027. Nanocomposites are substances that possess properties that cater to applications across diverse industry verticals. The massive investments in the research and development of effi