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Showing posts with the label Polyethylene

Geogrid Market - Forecast(2022 - 2027)

The Geogrid market size is forecast to reach $1.4 billion by 2025, after growing at the CAGR of 9.2% over the forecast period from 2020-2025. The growing use of geogrids in the emerging economies such as China and India; rising infrastructure investments; and increasing road maintenance activities across the globe are the major factors anticipated to drive the global geogrid market. The ever-growing development of transportation sector is favoring the future growth and value of this market along with the infrastructure developmental activities which enriches its worth and emerging trends like adoption of natural geogrid. Unstable prices of polyester and Polypropylene , dependent upon inconsistent crude oil prices are forecasted to obstruct the product demand. Due to global lockdown with outbreak of COVID-19 many infrastructure development activities have halted. Investors have become hesitate to invest in new project or development activities due to economic turmoil across many countri...

Wood Plastic Composites (WPC) Market - Forecast(2022 - 2027)

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Wood Plastic Composites (WPC) Market is forecast to reach $7.4 billion by 2026, after growing at a CAGR of 11.4% during 2021-2026. Wood Plastic Composite is a composite material made from sawdust and plastic as a polymer like PE-based Composites, recycled plastics , Polyvinyl chloride (PVC) based, and Polypropylene (PP), which better bonding and provide sustainability, longevity, and cost savings in a wide array of applications such as car interiors, home furniture, and kitchen accessories. Wood-plastic composite offers high durability, bending strength, shear strength, low moisture content, and low water absorption, as compared to conventional wood products. These properties have made it viable for use in railings, windows, doors, exterior siding, fencing, flooring, and interior molding, and raised its demand from automotive and construction industries. Whereas, the growing building & construction sector in emerging countries like China, India, Brazil, Argentina, and the African ...