Glass Packaging Market posses properties like excellent barrier
properties, sterility and reusability makes it superior packaging material. It
helps to drive the demand of glass packaging. The other major advantage of
glass packaging is that it can be moulded into various shape and sizes,
facilitating its use across different industry verticals. Increasing demand of
beverage is one of the major driving factors for the glass packaging market.
The demand for beverage glass packaging products is driven by the growth in the
beverage market. The increasing demand mainly from the developing regions like
Middle East & Africa, Asia-Pacific, and South American countries are also
driving the market. The emerging markets such as India, China, Brazil,
Southeast Asia, and Japan are expected to change the trends and dynamics of the
market in the future. CAGR of around 3.5% between 2018 and 2024. Food,
healthcare, beverage, personal care and others are the end-user segments of the
glass packaging market. Increasing investments in R&D of glass packaging
solutions and an increase in GDP of China and India are increasing the demand
of Glass Packaging market. The regions covered in this report are North
America, Europe, Asia-Pacific and Rest of the World.
Lithium Ion Battery Materials Market is valued at USD 10.75 Billion in 2018 and expected to reach USD 16.14 Billion by 2025
Lithium Ion Battery Materials Market is valued at USD 10.75 Billion in 2018 and expected to reach USD 16.14 Billion by 2025 with a CAGR of 15.1% over the forecast period. Increasing demand of consumer electronics and portable devices is one of the key growth driving factor for the Global Lithium Ion Battery Materials Market A lithium-ion battery is a type of rechargeable battery in which lithium ions move from the negative electrode to the positive electrode during discharge and back when charging. It uses an intercalated lithium compound as one electrode material, compared to the metallic lithium in a non-rechargeable lithium battery. It is commonly used as rechargeable batteries for portable electronics, due to its high energy density, tiny memory effect and low self-discharge. It has major applications in military, battery electric vehicle and aerospace sectors. The main component that is used commonly in these batteries is lithium cobalt oxide which offe
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