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The global plastic additives market reached a value of US$ 46.2 Billion in 2020. A plastic additive is a chemical compound that is added to polymers to improve the chemical and physical properties of plastic products. It acts as a catalyst or filler to improve the strength to weight ratio, luster, durability, corrosion resistance and heat sensitivity of the product. Some of the commonly used plastic additives include property extenders, modifiers, stabilizers and processing aids, which are used for commodity, engineering and high-performance plastics. Owing to these benefits, they also find extensive applications across various industries, including packaging, construction, automotive and manufacturing.
Worldwide Dairy Processing Equipment Industry to 2026 - Featuring Alfa Laval, Feldmeier Equipment and GEA Group Aktiengesellschaft Among Others
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The global polyurethane (PU) foam market exhibited moderate growth during 2015-2020. Polyurethane foam is a synthetic polymer that offers insulation and protection to materials against abrasion, temperature, moisture, impact and corrosion. It is commonly available in the spray, flexible and rigid forms and is primarily used as stuffing in beddings and furniture. It is hypoallergenic, non-toxic, does not degrade over time and can also rapidly react with moisture to expand and bond with the surfaces with high adhesion after application. Owing to this, it finds extensive applications across various other industries, including automotive, packaging, construction and electronics.
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Gaming, also known as video games or electronic games, refers to a computer application which is played with a certain set of rules. It involves mental or physical stimulation that provides entertainment and relaxation to the player or the spectators. Gaming is a powerful tool that can help children in developing certain life skills and can also aid the educators in seeking ways to supplement classroom teaching. The gaming sector has been revolutionized with the advent of advanced graphical engines and information technology. According to the latest report, titled Gaming Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 , the global gaming market reached a value of US$ 167.9 Billion in 2020.
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The global pressure transmitter market reached a value of US$ 3.19 Billion in 2020. A pressure transmitter is a sensor that regulates the compression applied over a liquid, fluid or gas. The device measures rapid changes in pressure, which are converted into mechanical energy and electric current. It also consists of an electronic amplifier and a pressure transducer to accurately transmit the current. These transmitters are commonly used in combination with other devices to measure depth, water flow, altitude and pressure loss to prevent any leakages in the industrial equipments. They are immune to radiation and electromagnetic fields, owing to which, they find extensive applications across various industry sectors such as chemical, oil and gas, power generation, food & beverages, metals & mining, etc.
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