The global paper cup making machine market is estimated to register a CAGR of 6.1% between 2018 and 2024. The
market is mainly driven by the increasing investments in food & beverages
industry across the world which indirectly supporting the growth for paper cup
making machines market. The regions covered in this report are North America,
Europe, Asia-Pacific and Rest of the World. Growing food and beverages industry
are the main reason for the demand of paper coups for hot and cold beverages
applications. There is some country like India, where paper cups manufacturers
are optimistic about the future. Some even go to the extent of saying that in
the near future, the demand for paper cups will be 100%, due to the awareness
being created and steps being taken by the government to promote the use of
paper cups. Currently, paper cups are being used in all sorts of ready-to-eat
products. The available sizes range from 50 ml to 550 ml. Today, food grade
paperboards are used for the manufacturing of paper cups, which are fast
expanding as a viable substitute to plastics and its families. In addition,
growing awareness about transfer of diseases and germs while sharing the same
containers or mugs has motivated people to opt for paper cups. Moreover, they
are convenient to use and are environment friendly due to their higher
biodegradability compared to plastic or foam cups.
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
Comments
Post a Comment