Gmi Research

  The Crop Protection Chemicals Market was valued around USD 59 billion in 2020 and is predicted to grow at a CAGR of 3.3% during the forecast period (2021-2028). The factors driving growth of the Crop Protection Chemicals Market includes rising prevalence of plant and pest diseases around the world, growing concerns related to malnutrition, increasing consumption of food, development of bio-based chemicals and improvements in the living standards. Crop protection chemicals are cost-effective, helps farmers to enhance productivity of the crop, and maintains consistent yields from year to year, are some of the features pushing the market’s growth. Moreover, increasing adoption of integrated pest management solutions, subsidies offered by Governments, rise in the launch of new products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, strategic partnershi...

  The Thermoform Packaging Market is projected to reach USD 64,295 million by 2028, expanding at a CAGR of 5.2%, over the forecast period (2021-2028). The factors driving growth of the Thermoform Packaging Market includes growing demand for convenience and packaged food products, rising geriatric population, favorable Government regulations, increasing focus of companies on protecting products during transportation, and improvements in the living standards. Moreover, growing adoption of advanced technologies by manufacturers, single use ban on plastics, rise in the launch of new products, increasing consumption of meat and poultry products and rapid urbanization are supporting the Thermoform Packaging Market share . In addition, the increasing investments by major companies in research and development, strategic collaborations and partnerships between key industry players and growing population growth rates, are further contributing to the market growth. However, growth of the Ther...