The global alpha olefin market was valued at approximately USD 10.42 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2030. This market growth is primarily driven by the increasing demand for polyethylene, which is one of the most widely used plastics in various industries, including packaging, consumer goods, and industrial...

The global polyisobutylene market size is expected to reach USD 2.53 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.0% from 2021 to 2028. The market is anticipated to expand in the years to come due to the growth of the automotive, electrical and electronics, food packaging, and building and construction industries...

The global flexible packaging market size is expected to reach USD 373.34 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.8% from 2024 to 2030. This market growth is owing to the growing importance of increasing food shelf life and growing adoption of sustainable and cost-effective packaging by end-users. The shelf life of food products depends...

The global post-consumer recycled plastics market was valued at approximately USD 10.66 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2030. This market expansion is primarily driven by the increasing sustainability initiatives adopted by food and beverage as well as packaging companies, which are making efforts to integrate...