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21 Sep
2017

The Evolving Circular Economy & the Resulting Demand for 100% Recyclable and Reusable Metal Packaging Drives Market Growth

The global market for Metal Packaging Materials and Products is projected to exceed US$165 billion by 2024, driven by the increasing focus on recyclability and reuse; growing popularity of convenient, cost-friendly, and safe packaging options; and format and functionality advancements.

Metal has been in use as a packaging material for storage and preservation of perishable products since time immemorial. The material ranks as the third most sought after material after paper & board and r ...

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20 Sep
2017

Rising Demand for Anti-Aging & Skin Lightening Cosmetics to Drive Growth in the Global Cosmetic Chemicals Market

Global Cosmetic Chemicals market is projected to reach US$34 billion by 2024, driven by increasing consumer spending on a range of cosmetic and toiletry products, specifically anti-aging, sun protection, and skin lightening products.

Cosmetic chemicals are substances or ingredients used in the formulations of cosmetic and personal care products. Cosmetics industry makes use of a broad range of chemicals, which are designed to improve the effectiveness of the cosmetic by enhancing functio ...

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20 Sep
2017

Technology Developments and Expanding Application Areas Drive the Global High Speed Steel Metal Cutting Tools Market

The global market for HSS Metal Cutting Tools is forecast to reach US$9.9 billion by 2024, driven by stable automotive and aircraft production, niche opportunities emerging from expanding application areas, promising prospects from heavy equipment/machinery manufacturing industry, and technology developments & product enhancements.

High speed steel (HSS), representing one of the established materials for manufacture of high-performance metal cutting tools, continues to attract the cuttin ...

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20 Sep
2017

Electronic Tolling & Law Enforcement to Drive the Automatic Number Plate Recognition Systems Market

The global market for Automatic Number Plate Recognition Systems is projected to exceed US$1.5 billion by 2024, driven by sustained demand from applications such as electronic tolling and law enforcement.

Automatic Number Plate Recognition is an optical character recognition system, and includes hardware such as cameras and network components, as well as software to analyze images captured by the cameras in real time. A mass surveillance system that automatically captures images of vehicl ...

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20 Sep
2017

Rise in Surgical Procedures & Growing Focus on Safety Drive Growth in the Special Purpose Needles Market

The global market for Special Purpose Needles is projected to exceed US$12.5 billion by 2024, driven by increasing number of surgical procedures, strong emphasis on user safety, and growing demand for cost effective solutions.

Needles are widely used in percutaneous procedures such as injection, regional anesthesia, blood collection and sampling, biopsy and brachytherapy. Injections through syringes are one of the most common administration routes for a number of vaccines and drugs that c ...

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20 Sep
2017

Increasing Focus on Energy Efficient & Green Buildings to Drive Growth in the Global Building Integrated Photovoltaics (BIPV)

Annual installed capacity of Building Integrated Photovoltaics (BIPV) worldwide is projected to 32.3 GW by 2024, driven by the growing need to shift towards renewable energy sources and improve energy efficiency of buildings.

Solar power is one of the most promising sources of both direct and indirect forms of renewable energy. Solar energy can be used directly for generating electricity, lighting buildings, water and air heating and for several other industrial and commercial application ...

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