The global health crisis and an accelerated push for greater sustainability of materials are driving demand for carded nonwoven materials.
Demand for Carded Nonwovens to Grow 2.7% Annually Through 2024 Driven by Pandemic and Push for Sustainability
China Remains Largest Global Market for Polyethylene Pipe
Demand for polyethylene pipe in China totaled 4.2 million metric tons in 2019, making it by far the world’s largest market with 33% of global demand and 59% of regional sales.
Demand for Nonwovens in Medical Applications Forecasted to Grow Nearly 4% Annually Through 2024
The nonwovens used in medical applications accounted for 9% of carded nonwovens sales in 2019.
Innovation in Resin Formulations Creates Opportunities for Plastic Pipe Use in Oil and Gas Settings
Going forward, plastic pipe is also expected to gain share in larger diameter applications, such as water and sewer, oil and gas, and industrial processing.
Prefabricated housing interest has been rising in countries like Brazil and India since it offers a faster, more affordable solution for expanding and upgrading the housing stock than most traditional housing.
Though growth will moderate as the pandemic recedes, looking long term, lawn mower sales will continue to be bolstered by rising interest in trendy, high-value robotic mowers and electric lawn mowers.
Consumers found themselves spending more time at home than ever in 2020, With less reliance of DIFM services, DIY activity surged.
COVID-19 Safety Concerns Drive Shift to Higher Value Touchless Faucets in Commercial Buildings
The big question of commercial building operators has been how to make facilities safer for occupants. One popular solution is replacing handled faucets with higher value touchless ones.
Forecasted demand gains for fertilizers – the largest segment in the $9 billion US lawn and garden consumable market – will be supported primarily by changes in product mix.
Cordless Technology Penetrating New Power Tool Markets
The prevalence of cordless electric technology varies widely by product type. Historically, drills have been by far the most likely to be purchased in a cordless version. In high-income countries, cordless products already accounted for as much as 90% of electric drill demand in 2019.