Thursday, 4 December 2025

U.S. Extruded Polystyrene Market Booming Trends and Forecast Assessment for the Period 2025 to 2033

 U.S. Extruded Polystyrene Market Summary

The U.S. extruded polystyrene market size was estimated at USD 1.47 billion in 2024 and is projected to reach USD 2.41 billion by 2033, growing at a CAGR of 5.7% from 2025 to 2033. Expanding cold-chain and refrigerated warehouse investments boost demand for extruded polystyrene (XPS) insulation in temperature-sensitive supply chains. 

Key Market Trends & Insights

  • By application, the foundation segment is expected to grow at a considerable CAGR of 6.4% from 2025 to 2033 in terms of revenue.
  • By application, the roof segment is anticipated to grow at a significant CAGR of 6.1% through the forecast period.
  • By end use, the residential construction segment is expected to grow at a considerable CAGR of 6.1% from 2025 to 2033 in terms of revenue.

Market Size & Forecast

  • 2024 Market Size: USD 1.47 billion
  • 2033 Projected Market Size: USD 2.41 billion
  • CAGR (2025-2033): 5.7%

Companies in food storage and pharmaceuticals rely on XPS for reliable thermal stability and moisture resistance under extreme conditions. In recent years, the market has witnessed a steady shift toward high-performance building envelopes. Specifiers increasingly favor XPS's consistent thermal resistance and moisture management in residential and commercial projects. Manufacturers are optimizing board densities and edge profiles to meet evolving energy codes. At the same time, logistics and supply chain improvements are enabling faster delivery to regional distribution centers. This focus on specification accuracy and supply reliability shapes the market’s trajectory.

Drivers, Opportunities & Restraints

Rising demand for energy-efficient construction is driving robust uptake of extruded polystyrene insulation nationwide. Stricter building codes and sustainability targets compel architects and contractors to incorporate materials that deliver proven thermal performance over decades. In addition, growing emphasis on lifecycle cost savings motivates developers to invest in higher insulation values at the outset. Together, these factors propel XPS consumption in new builds and retrofit applications.

The transition to low-carbon building materials presents a significant growth avenue for XPS producers that innovate with recycled and bio-based feedstocks. Suppliers can capture market share among green builders and public infrastructure projects by introducing reduced embodied carbon and end-of-life recyclability products. Moreover, there is scope to expand into cold storage and transportation refrigeration, where performance under moisture exposure is critical. Leveraging these specialty segments can elevate margins and diversify revenue streams.

Persistent raw material and energy cost volatility challenge stable pricing for extruded polystyrene boards. Since XPS manufacturing is energy-intensive and relies on petroleum derivatives, feedstock fluctuations directly impact production economics. Tightening environmental regulations around blowing agents also adds compliance costs and technical complexity. As a result, some downstream users may seek alternative insulations when overall project budgets tighten.

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Market Concentration & Characteristics

The market growth stage of the U.S. XPS market is medium, and the pace is accelerating. The market exhibits fragmentation, with key players dominating the industry landscape. Major companies like Owens Corning, DuPont de Nemours, Inc., Johns Manville, Atlas Roofing Corporation, Carlisle Construction Materials (CCM), BASF SE, Kingspan Group, and others significantly shape the market dynamics. These leading players often drive innovation, introducing new products, technologies, and applications to meet evolving industry demands.

In response to price pressures and sustainability demands, building professionals evaluate alternatives such as polyisocyanurate boards, expanded polystyrene, and mineral wool. Each offers distinct attributes in thermal performance, moisture management, and fire resistance. Polyisocyanurate leads in R-value per inch, while mineral wool brings superior acoustic properties. As a result, XPS producers emphasize board durability and installation efficiency to differentiate their offerings.

Tighter federal and state energy codes are raising minimum required insulation levels in building envelopes, benefiting extruded polystyrene volumes. Meanwhile, Environmental Protection Agency rules on blowing agents are compelling manufacturers to transition away from high global warming potential chemicals. Compliance investments in research and retooling lift production costs and spur innovation in low-impact formulations. Consequently, regulatory landscapes are both a hurdle and a catalyst for XPS market evolution.

Key U.S. Extruded Polystyrene Company Insights

The U.S. market is highly competitive, with several key players dominating the landscape. Major companies include Owens Corning, DuPont de Nemours, Inc., Johns Manville, Atlas Roofing Corporation, Carlisle Construction Materials (CCM), BASF SE, and Kingspan Group. The market is characterized by a competitive landscape, with several key players driving innovation and market growth. Major companies in this sector are investing heavily in research and development to enhance their types' performance, cost-effectiveness, and sustainability.

Key U.S. Extruded Polystyrene Companies:

  • Owens Corning
  • DuPont de Nemours, Inc.
  • Johns Manville
  • Atlas Roofing Corporation
  • Carlisle Construction Materials (CCM)
  • BASF SE
  • Kingspan Group

Recent Developments

  • In March 2024, Owens Corning converted all of its XPS insulation production in the U.S. and Canada to its FOAMULAR NGX (Next Generation Extruded) product. This change eliminated HFC 134a blowing agents a year ahead of the new 2025 regulations, significantly reducing greenhouse gas emissions by over 80% in embodied carbon. FOAMULAR NGX maintains high performance with R-5 insulation per inch, strong moisture resistance, durability, and compressive strength up to 100 psi.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Underground Hydrogen Storage Market Size, Share, Trends, Analysis And Growth Forecast To 2033: Grand View Research Inc.

 Underground Hydrogen Storage Market Growth & Trends

The global underground hydrogen storage market demand is estimated to reach 6,249.05 MCM by 2033, registering a CAGR of 9.2% from 2025 to 2033, according to a new report by Grand View Research, Inc. The underground hydrogen storage market is projected to observe significant growth over the estimated period owing to an increase in hydrogen production and a lack of viable alternatives for large-scale hydrogen storage. Underground hydrogen storage is currently the only viable large-scale storage technology for hydrogen due to its ability to safely store large quantities of hydrogen in a compact and secure location. One of the main advantages of underground storage is that it is much safer than above-ground storage as hydrogen has a very low flash point and is highly flammable. Underground storage eliminates the risk of accidents or leaks as the hydrogen is stored deep below the ground in a sealed container. This also means that there is no risk of damage to the surrounding environment or infrastructure in the event of an accident.

Salt caverns dominated the type segment in 2024 and this segment is expected to maintain its position over the forecast period. Salt caverns are developed from existing salt reserves. Underground salt caverns are considered the best option for bulk hydrogen storage due to their structural strength, which makes caverns capable enough against degradation to ensure the long life of the storage facility.

Demand for underground hydrogen storage is projected to rise over the forecast period owing to the increasing demand for hydrogen and programs to cut carbon emissions. The increasing investments in research and development for underground hydrogen storage in regions like North America, the Middle East & North Africa, and the Asia Pacific are expected to strengthen market growth.

Request a free sample copy or view report summary: Underground Hydrogen Storage Market Report

Underground Hydrogen Storage Market Report Highlights

  • In terms of volume, the salt caverns segment accounted for the largest share of 97.66% in 2024 and this segment is further expected to witness steady growth over the forecast period.
  • In 2024, Europe accounted for the largest volume share of 58.52% in 2024. Lower building and operational costs coupled with higher safety offered by salt caverns are expected to result in the growth of the salt caverns storage segment in the underground hydrogen storage market in regional economies.
  • Various strategic initiatives have been recorded over the past few years to boost the growth of the market. For instance, in March 2025, Air Liquide announced a partnership with a European energy consortium to develop one of the continent’s largest underground hydrogen storage facilities in a salt cavern located in northern Germany.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-underground-hydrogen-storage-market

Underground Hydrogen Storage Market Segmentation

Grand View Research has segmented the global underground hydrogen storage market based on storage type, and region:

Underground Hydrogen Storage Storage Type Outlook (Volume, MCM, 2021 - 2033)

  • Porous Media Storage
  • Salt Caverns
  • Engineered Cavities

Underground Hydrogen Storage Regional Outlook (Volume, MCM, 2021 - 2033)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • Algeria
    • Egypt
    • Libya
    • UAE

List of Key Players in the Underground Hydrogen Storage Market

  • Air Liquide
  • Air Products and Chemicals, Inc.
  • Engie
  • Linde plc
  • Texas Brine Company, LLC
  • Uniper SE
  • WSP

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

U.S. Earplugs Market Witness Excellent Revenue Growth During 2025-2033: Grand View Research Inc

 U.S. Earplugs Market Summary

The U.S. earplugs market size was estimated at USD 415.6 million in 2024 and is projected to reach USD 724.2 million by 2033, growing at a CAGR of 6.4% from 2025 to 2033. The market is witnessing growth due to stringent occupational safety regulations set by OSHA and other federal agencies.

Key Market Trends & Insights

  • The earplugs market in the U.S. is expected to grow at a substantial CAGR of 6.4% from 2025 to 2033.
  • By material, silicone segment is expected to grow at a considerable CAGR of 7.4% from 2025 to 2033 in terms of revenue.
  • By technology, the active earplug segment is expected to grow at a considerable CAGR of 8.2% from 2025 to 2033 in terms of revenue.
  • By application, consumer applications segment is expected to grow at a considerable CAGR of 6.8% from 2025 to 2033 in terms of revenue.

Market Size & Forecast

  • 2024 Market Size: USD 415.6 Million
  • 2033 Projected Market Size: USD 724.2 Million
  • CAGR (2025-2033): 6.4%

These regulations mandate the use of hearing protection in high-noise environments such as construction, manufacturing, and mining. Employers are increasingly adopting earplugs to ensure compliance and protect workers from noise-induced hearing loss. This trend is driving consistent demand across industrial sectors. Increased awareness among consumers about the long-term effects of noise exposure is positively influencing the U.S. market. People are increasingly using earplugs for concerts, travel, shooting sports, and sleeping. The availability of customized and comfortable designs has further boosted their adoption in personal use. As a result, the consumer segment is becoming a key contributor to market expansion.

Market Concentration & Characteristics

The market for U.S. earplugs is moderately concentrated, with a few major players holding significant market share. Companies like 3M and PIP Global Safety dominate due to their extensive distribution networks and established brand presence. However, the market also features several smaller regional and niche players offering specialized or custom-fit products. This blend of large and small firms contributes to moderate competition and innovation within the sector.

The U.S. earplugs industry is marked by a steady pace of innovation, especially in terms of comfort, material technology, and noise-filtering efficiency. Manufacturers are investing in ergonomic designs, reusable materials, and smart earplugs with built-in audio features. Innovations aim to cater to both industrial users and personal consumers seeking enhanced protection and usability. This has expanded product offerings and improved user experience.

The earplugs industry in the U.S. has seen moderate M&A activity, primarily driven by large firms acquiring niche companies to diversify their product lines. Strategic acquisitions help players enter new market segments and strengthen their technological capabilities. Such moves also allow companies to expand their customer base and geographical reach. This consolidation trend is helping reshape competitive dynamics.

Regulations in the U.S., particularly from OSHA and ANSI, play a crucial role in shaping the earplugs market. These standards mandate specific noise reduction ratings (NRRs) and testing protocols for workplace hearing protection. Compliance drives demand in industrial sectors while influencing product development and certification. Regulatory oversight ensures quality and consistency, supporting user safety and trust.

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Drivers, Opportunities & Restraints

In the U.S., the earplugs market is primarily driven by strict workplace safety regulations enforced by OSHA and NIOSH. High noise levels in industries such as construction, manufacturing, and defense increase the need for hearing protection. Rising awareness of noise-induced hearing loss among workers and employers supports steady demand. In addition, growing adoption of earplugs for recreational use, such as concerts and shooting ranges, contributes to market growth.

The U.S. market presents strong opportunities in the consumer and healthcare segments, particularly for sleep and travel-related earplugs. Demand for personalized and tech-integrated earplugs, including smart and Bluetooth-enabled models, is gaining momentum. Online retail growth provides greater access to innovative products for consumers across regions. Expanding use in schools, hospitals, and public events offers additional avenues for growth.

In the U.S., inconsistent usage compliance in non-regulated sectors limits the full potential of earplug adoption. Many users experience discomfort or improper fit, reducing long-term usage. The market also faces challenges from counterfeit or low-quality imports that affect brand trust and safety performance. Price competition among local and international brands can further pressure profit margins for premium product providers.

Key U.S. Earplugs Company Insights

Some of the key players operating in the market include 3M, Moldex-Metric, and Hearos

  • 3M is a major player in the U.S. market, offering a wide range of hearing protection products designed for industrial, military, and consumer use. The company’s earplugs segment includes foam, push-to-fit, and custom-molded solutions tailored to different noise levels and environments. 3M serves key verticals such as construction, manufacturing, mining, oil & gas, and defense, where noise protection is critical. Its innovations focus on comfort, durability, and compliance with U.S. safety standards. The company also integrates technologies like communication-enabled earplugs for high-noise settings.
  • Moldex-Metric specializes in the development of high-performance hearing protection equipment, with a strong emphasis on earplugs. Its product line includes disposable foam earplugs, reusable models, and banded earplugs designed for industrial workplaces. The company focuses heavily on the construction, metalworking, and petrochemical industries—key verticals where hearing loss prevention is essential. Moldex products are known for ergonomic design, long-wear comfort, and compliance with OSHA and EN standards. The brand also targets environmentally conscious users with PVC-free product options.

Key U.S. Earplugs Companies:

  • 3M
  • Moldex-Metric
  • Hearos
  • Radians, Inc.
  • Loop Earplugs
  • Lucid Hearing Holding Company, LLC
  • Magid Glove & Safety Manufacturing Company LLC
  • Allens Industrial Products
  • Honeywell International Inc
  • PIP

Recent Developments

  • In January2025, Sennheiser launched its SoundProtex earplugs, designed to offer safe listening without compromising audio clarity. The earplugs use a two-stage acoustic filter to balance sound frequencies while reducing volume. Made from hypoallergenic materials, they are reusable and come in multiple sizes for a secure fit. These earplugs are ideal for concerts, travel, and noisy environments, ensuring hearing protection with high sound fidelity.
  • In May 2025,PIP acquired Honeywell’s PPE business, adding well-known brands like Howard Leight and Fibre-Metal to its portfolio. This move expands PIP’s offerings across hearing, eye, and head protection, as well as safety gear for industrial and utility sectors. The acquisition strengthens its U.S. market reach. It positions PIP as a more comprehensive safety solution provider.
  • In May 2023, EarPeacepartnered with NEXX Helmets to launch a special line of earplugs designed for motorcyclists. The product features EarPeace’s Contour earplugs in a custom NEXX Cherry color. It offers up to 27 dB noise reduction while allowing clear communication during rides. This collaboration highlights both brands’ focus on enhancing rider safety and comfort.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Wednesday, 3 December 2025

U.S. Premium Bottled Water Market Is Projected To Reach Approximately $20.75 Billion By 2033: Grand View Research Inc.

 U.S. Premium Bottled Water Market

The U.S. premium bottled water market size was estimated at USD 10.76 billion in 2024 and is projected to reach USD 20.75 billion by 2033, growing at a CAGR of 7.5% from 2025 to 2033. The market growth is attributed to the growing health consciousness among Americans.

Key Market Trends & Insights

  • By product, the mineral water segment held the highest market share of 41.8% in 2024.
  • Based on distribution channel, the supermarkets & hypermarkets segment accounted for a share of around 37.4% in 2024.

Market Size & Forecast

  • 2024 Market Size: USD 10.76 Billion
  • 2030 Projected Market Size: USD 20.75 Billion
  • CAGR (2025-2030): 7.5%

As more consumers shift away from sugary beverages, they are gravitating toward hydration options that offer perceived purity and wellness benefits. Premium bottled water brands often highlight their mineral content, alkaline pH levels, and natural sourcing, which appeals to individuals seeking functional beverages that support digestion, energy, and overall well-being.

The rise in wellness tourism and luxury consumption is also driving market growth. Premium bottled water is increasingly viewed as a lifestyle product, not just a hydration source. Upscale hotels, spas, and restaurants incorporate high-end water brands into their offerings to enhance the customer experience. This trend is reinforced by elegant packaging, especially glass bottles, which elevate the product’s image and align with the aesthetic expectations of affluent consumers.

The expansion of e-commerce and direct-to-consumer models has made premium bottled water more accessible than ever. Subscription services and online platforms allow consumers to customize their purchases and receive regular deliveries, enhancing convenience and brand loyalty. This digital shift also enables companies to gather insights into consumer behavior, refine their marketing strategies, and introduce innovative products like vitamin-infused or antioxidant-rich waters.

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Consumer Insights

Consumption of premium bottled water in the U.S. varies across age groups due to health awareness, lifestyle preferences, and brand perception. Gen Z seeks eco-conscious, trendy brands influenced by social media. Millennials are top consumers, drawn to wellness-focused options and convenience.

Across all demographics, drivers include purity, distrust of tap systems, sustainability, and convenience-solidifying premium water’s appeal as a functional and lifestyle choice.

Key U.S. Premium Bottled Water Company Insights

Some of the key players in the U.S. premium bottled water market include Saratoga, Mountain Valley Spring Water, Voss of Norway AS, Beverly Hills Drink Company, and others.

Key U.S. Premium Bottled Water Companies:

  • Saratoga
  • Mountain Valley Spring Water
  • Voss of Norway AS
  • Beverly Hills Drink Company

Recent Developments

  • In October 2024, Evian solidified its premium positioning in the U.S. market by entering a multi-year official partnership with the MICHELIN Guide. As the exclusive still and sparkling water served at MICHELIN award ceremonies, Evian's presence reinforces its association with fine dining and luxury experiences. The collaboration showcases Evian's glass-format sparkling offerings at high-end culinary venues, aligning the brand with excellence, refinement, and sustainability in the upscale hospitality sector.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

India Anti-aging Products Market Predicted to Witness Steady Growth During the Forecast Period

 India Anti-aging Products Market Growth & Trends

The India anti-aging products market size is expected to reach USD 4.84 billion by 2033 and is projected to grow at a CAGR of 10.7% from 2025 to 2033, according to a new report by Grand View Research, Inc. The market is evolving rapidly, driven by rising consumer awareness, increasing disposable incomes, and a cultural shift toward proactive skin maintenance. While historically associated with older consumers, anti-aging is now a cross-generational concern, with millennials and Gen Z adopting preventive skincare early, often in their mid-to-late twenties. Factors such as extended screen time, urban pollution, and digitally influenced beauty standards are prompting consumers to invest in barrier-repair serums, retinol-based creams, and daily SPF protection. Simultaneously, middle-aged consumers continue to seek solutions targeting fine lines, pigmentation, and dullness, fueling demand for multifunctional, dermatologist-backed formulations.

Product innovation in the Indian market reflects both global skincare trends and local skin health concerns. In 2024, L'Oréal Paris expanded its Revitalift Clinical Range with the launch of 1.5% Hyaluronic Acid Serum in India, tailored for humid climates and tested on Indian skin tones. The Estée Lauder Companies introduced a South Asia-exclusive campaign for its Advanced Night Repair Serum, leveraging regional influencers to drive awareness of nighttime skin regeneration. Meanwhile, domestic brand Mamaearth launched its Retinol Face Wash and Under Eye Cream, specifically targeting early-aging signs in India’s Tier 2 and Tier 3 cities. These launches underscore the dual-track strategy brands are adopting: scientific credibility for urban consumers, and accessibility and simplicity for first-time users in emerging regions.

Another key trend is the rising importance of ingredient transparency and clean beauty, particularly among urban women aged 25–40. Indian consumers are scrutinizing labels for parabens, sulfates, and artificial fragrances, while seeking out botanicals such as bakuchiol, saffron, and ashwagandha, natural actives perceived to be both effective and safe. With Ayurveda deeply rooted in India’s beauty heritage, many brands are formulating hybrid products that merge modern dermatology with traditional wellness principles, appealing to consumers’ cultural identity and trust in nature-led remedies.

Furthermore, Indian consumers are aligning with a more holistic view of aging, prioritizing emotional well-being, self-confidence, and health over surface-level fixes. This growing preference for “graceful aging” is prompting brands to adopt inclusive messaging, develop solutions for varied skin types, and focus on long-term skin resilience. As a result, the anti-aging market is no longer niche, but central to India’s broader skincare landscape.

Request a free sample copy or view report summary: India Anti-aging Products Market Report

India Anti-aging Products Market Report Highlights

  • In 2024, moisturizers, creams, and lotions led the India anti-aging product market. Rising consumer awareness around premature aging, sun exposure, and pollution has driven adoption across urban and semi-urban areas. Domestic and international brands such as Forest Essentials and Olay are seeing demand surge by combining traditional ingredients with modern skincare science.
  • In 2024, the sales through supermarkets and hypermarkets led the anti-aging productsales in India. These outlets attract consumers with expert guidance, trusted brands, and tailored product recommendations. Loyalty schemes, sample offers, and premium brand availability further strengthen their position in metro and tier-1 cities.
  • By product, the demand for facial serum is projected to rise at a CAGR of 11.4% over the forecast period, driven by increasing consumer preference for concentrated, high-performance skincare solutions.

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India Anti-aging Products Market Segmentation

Grand View Research has segmented the India anti-aging products market based on products and distribution channel:

India Anti-aging Product Outlook (Revenue, USD Billion, 2021 - 2033)

  • Facial Serum
  • Moisturizer, Creams, & Lotions
  • Eye Care Products
  • Facial Cleanser & Exfoliators
  • Facial Masks & Peels
  • Sunscreen & Sun Protection
  • Others

India Anti-aging Distribution Channel Outlook (Revenue, USD Billion, 2021 - 2033)

  • Supermarkets & Hypermarkets
  • Pharmacy/ Drugstores
  • Specialty Beauty Stores
  • Online/ E-commerce
  • Others

List of Key Players in the India Anti-aging Products Market

  • The Estée Lauder Companies Inc.
  • Beiersdorf AG
  • L'Oréal S.A.
  • Caudalie
  • Avène Thermal Water
  • Nuxe
  • NAOS Group (Bioderma)
  • Sisley Cosmetics USA Inc.
  • Re’equil India Pvt. Ltd.
  • Kenvue Brands LLC

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Polyvinyl Butyral Market to Register Stable Expansion During 2025 – 2033: Grand View Research Inc.

 Polyvinyl Butyral Market Growth & Trends

The global polyvinyl butyral market size is estimated to reach USD 5.94 billion by 2033, registering a CAGR of 6.6% from 2025 to 2033, according to a new report by Grand View Research, Inc. The Polyvinyl butyral market is expected to witness significant growth during the forecast period owing to its increasing applications in various end-use industries including automotive, construction, and photovoltaic.

Properties such as good adhesion, high durability & safety, and excellent recyclability, coupled with its ability to reduce noise and UV radiation, are expected to boost the product demand. Moreover, the easy manufacturing process of PVB is likely to increase its demand during r the forecast period. The abundant availability of PVB in various sizes and shapes is expected to augment its demand in the near future.

The increasing number of off-grid solar projects, as well as residential and commercial buildings, in the Asia Pacific and Central & South America, is expected to propel the demand for laminated and safety glasses. The growing use of PVB in solar panels is anticipated to open new market avenues during the forecast period. In addition, its high application in the construction industry owing to resistance against UV and harsh weather is expected to drive market growth.

Major manufacturers are adopting strategies for their market expansion such as production facility expansions, new product development, mergers & acquisitions, and joint ventures. For instance, in June 2022, Avient Corporation announced two new grades in its REC thermoplastic elastomer portfolio. These grades are formed from the recycled polyvinyl butyral from the automotive glass by Shark Solutions.

Request a free sample copy or view report summary: Polyvinyl Butyral Market Report

Polyvinyl Butyral Market Report Highlights

  • By type, the films & Sheet accounted for more than 73.56% share of the market revenue in 2024, of the global polyvinyl butyral market. PVB films & sheets are widely used as an interlayer in the manufacturing of laminated glasses, used in the automotive and architectural sectors. Growing demand for the films & sheets in automobile windshields and architectural projects, on account of their beneficial properties such as noise reduction, durability, weather resistance, and high strength, are expected to stimulate the market growth.
  • By end-use, the automotive segment accounted for more than 59.41% market share of the polyvinyl butyral market, in 2024 and is estimated to continue its dominance throughout the forecast period. Growing demand for the films & sheets in automobile windshields and architectural projects, on account of their beneficial properties such as noise reduction, durability, weather resistance, and high strength are expected to accelerate the market growth.
  • By application, the is anticipated to grow at the fastest CAGR of 7.0% through the forecast period. PVB-based paints & coatings are used mainly in industrial sector as they offer superior gloss and treat rapidly on steel, iron, zinc, aluminum, and other light metals. PVB resins are used in wash primers as they offer several means of preventing corrosion.
  • Asia Pacific held the largest revenue share of 39.42% in terms of revenue of the polyvinyl butyral market in 2024. The growth of the construction industry in the emerging economies of Asia Pacific and increased infrastructure spending in the current fiscal budget by the governments of India and China are key factors likely to contribute to the growth of the PVB market during the forecast period.

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Polyvinyl Butyral Market Segmentation

Grand View Research has segmented the global polyvinyl butyral market based on type, applications, end-use, and region:

Polyvinyl Butyral Type Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

  • Films & Sheets
  • Resins
  • Solutions
  • Other types

Polyvinyl Butyral Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

  • Laminated Safety Glass
  • Paints & Coatings
  • Adhesives
  • Other applications

Polyvinyl Butyral End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

  • Automotive
  • Building & Construction
  • Photovoltaics
  • Other applications

Polyvinyl Butyral Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • Latin America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • UAE

List of Key Players in the Polyvinyl Butyral Market

  • Sekisui Chemical Co. Ltd.
  • Kuraray Co. Ltd.
  • Eastman Chemical Company
  • Hubergroup
  • Chang Chun Group
  • Anhui WanWei Bisheng New Material Co., Ltd.
  • Everlam

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

U.S. Feed Packaging Market To Hold a High Potential for Growth by 2033: Grand View Research Inc.

 U.S. Feed Packaging Market Summary

The U.S. feed packaging market size was estimated at USD 2.95 billion in 2024 and is expected to reach USD 4.98 billion by 2033, growing at a CAGR of 6.1% from 2025 to 2033. The growing demand for high-quality and safe animal nutrition, driven by the large-scale livestock and pet food industries, is fueling the feed packaging market in the U.S. In addition, the rise in sustainable and convenient packaging formats is encouraging innovation among manufacturers.

Key Market Trends & Insights

  • By material, the paper & paperboard segment is expected to grow at a considerable CAGR of 7.0% from 2025 to 2033 in terms of revenue.
  • By packaging type, the flexible segment is expected to grow at a considerable CAGR of 6.4% from 2025 to 2033 in terms of revenue.
  • By end use, the aquatic feed packaging segment is expected to grow at a considerable CAGR of 6.7% from 2025 to 2033 in terms of revenue.
  • By packaging format, the pouches/pockets segment is expected to grow at a considerable CAGR of 6.5% from 2025 to 2033 in terms of revenue.
  • By feed type, the chilled & frozen segment is expected to grow at a considerable CAGR of 6.9% from 2025 to 2033 in terms of revenue.

Market Size & Forecast

  • 2024 Market Size: USD 2.95 Billion
  • 2033 Projected Market Size: USD 4.98 Billion
  • CAGR (2025-2033): 6.1%

The surge in pet ownership continues to be a major factor behind the U.S. feed packaging market. Over 70% of U.S. households own pets, and shelter intake trends, roughly 6.5 million cats and dogs entered shelters in 2024, with 4.8 million adopted in 2023, underscore a pet boom boosting demand for pet food packaging. Brands offer consumer-friendly formats such as flexible pouches, resealable zipper bags, and portion-controlled packs to meet these needs, and packaging innovation supports both convenience and branding.

Rapid expansion of e-commerce channels for feed, including both small-scale pet treats and large-scale livestock feeds, has spurred demand for packaging able to endure transit. In the U.S., e‑commerce growth has driven a shift toward protective, durable packaging solutions suited to shipping logistics. Simultaneously, bulk packaging forms, such as woven polypropylene bags, HDPE sacks, and silo totes, are crucial in livestock and aquaculture feed, offering economy, automation compatibility, and moisture resistance in large-volume supply chains.

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Strict regulatory compliance and environmental pressures are transforming the U.S. feed packaging industry. Authorities such as the FDA and USDA enforce strict labeling and hygiene standards, encouraging packaging designs that clearly show net content, origin, and shelf life, while also preventing tampering. Moreover, increasing consumer and institutional demand for sustainable materials is speeding up the move toward biodegradable, recyclable, and compostable packaging. Producers are adopting bioplastics, recycled paper, and mono-material flexible films to reduce waste and carbon footprint, aligning with broader food industry trends and regulatory mandates, particularly in states such as California.

Key U.S. Feed Packaging Company Insights

The competitive environment of the feed packaging market in the U.S. is moderately fragmented, with a mix of global packaging giants and regional players vying for market share through innovation, sustainability, and cost-efficiency. Key companies such as Amcor plc, Mondi, Sonoco Products Company, Graphic Packaging International, LLC, and ProAmpac dominate the market by offering a wide range of flexible and rigid packaging solutions tailored to different feed types, including dry, moist, and medicated feed. Additionally, strategic partnerships with feed producers and distributors, as well as the growing emphasis on automation and customization, further intensify the market rivalry.

  • In December 2024, Berry Global Inc. and VOID Technologies teamed up to launch a high-performance, sustainable polyethylene film for pet food packaging. The new film offers enhanced strength and recyclability, using VOID’s VO+ technology to reduce plastic use and improve opacity. This collaboration supports eco-friendly packaging solutions that meet food safety standards and help reduce environmental impact.

Key U.S. Feed Packaging Companies:

  • Amcor plc
  • Mondi
  • Huhtamaki
  • Berry Global Inc.
  • UFlex Limited
  • ProAmpac
  • Sealed Air
  • Tetra Pak
  • Graphic Packaging International, LLC
  • Sonoco Products Company

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Retort Pouch Market Projected to Discern Stable Expansion by 2033

 Retort Pouch Market Growth & Trends

The global retort pouch market size is anticipated to reach USD 10.21 billion by 2033, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.0% from 2025 to 2033. Growing demand among consumers for semi-cooked food and ready-to-eat meals, owing to their busy lifestyles, is expected to increase the demand for retort pouches over the forecast period. In addition, the growing pet food market is also expected to favor the market growth over the coming years.

A retort pouch is a flexible, multi-layered metal-plastic laminate structure that is able to withstand the thermal process used for sterilization and is widely used for the sterile packaging of food, pet food, and beverages, among others. In addition, retort pouches also ensure lesser heat exposure, thereby retaining the taste and nutritional value of the food products.

Based on material, the retort packaging market has been segmented into polypropylene, polyamide, polyethylene, PET, aluminum foil, and others. Retort pouch is a multi-layered structure that is generally made from three or four ply laminates, with the inner layer usually made from polypropylene material. Polypropylene is a robust and tough material that provides strength and flexibility to the pouch.

Stand-up pouches packaging type segment is likely to augment at a growth rate of 6.9% over the forecast period, owing to their overall aesthetic appeal. In addition, growing demand for stand-up pouches with several value-added features such as zippers, tear notch, and spout is further expected to augment the growth of this segment over the coming years.

Food was the largest application segment in 2018 and is likely to continue its dominance over the forecast period. Retort pouch is used for various food items including meat, seafood, poultry, and baby food among others. Growing demand for ready-to-eat meals as well as ready-to-cook food products is likely to augment the demand of this segment over the forecast period.

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Retort Pouch Market Report Highlights

  • Based on material, the market for retort pouches has been segmented into polypropylene, polyethylene, polyamide, polyethylene terephthalate (PET), aluminum foil, and others.
  • The polypropylene segment accounted for the largest revenue share of 37.6% in 2024 in the retort pouch market. Polypropylene acts as a sealing layer and provides flexibility and strength to the pouch.
  • In terms of application, the market has been segmented into food, beverages, pet food, and others. The food segment accounted for the largest revenue share of 54.9% in 2024.
  • Based on the closure type, the global market has been segmented into tear notch, zipper, and spout. The zipper segment accounted for the largest revenue share of 40.0% in 2024.
  • Asia Pacific dominated the market and accounted for a revenue share of 34.2% in 2024. Moreover, the region is expected to expand at the fastest CAGR of 7.1% during the forecast period.

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Retort Pouch Market Segmentation

Grand View Research has segmented the global retort pouch market report based on material, packaging, closure, application, and region:

Retort Pouch Material Outlook (Revenue, USD Million, 2021 - 2033)

  • Polypropylene (PP)
  • Polyethylene (PE)
  • Polyamide (PA)
  • Polyethylene Terephthalate (PET)
  • Aluminium Foil
  • Others

Retort Pouch Packaging Type Outlook (Revenue, USD Million, 2021 - 2033)

  • Stand-up Pouches
  • Flat Pouches

Retort Pouch Closure Type Outlook (Revenue, USD Million, 2021 - 2033)

  • Tear Notch
  • Zipper
  • Spout

Retort Pouch Application Outlook (Revenue, USD Million, 2021 - 2033)

  • Food
  • Beverages
  • Pet Food
  • Others

Retort Pouch Regional Outlook (Revenue, USD Million, 2021 - 2033)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
  • Middle East & Africa
    • UAE

List of Key Players in the Retort Pouch Market

  • Amcor plc
  • ProAmpac
  • Sonoco Products Company
  • Mondi
  • Coveris
  • CLONDALKIN GROUP
  • Sealed Air
  • Huhtamaki
  • Constantia Flexibles
  • FLAIR Flexible Packaging Corporation
  • WINPAK LTD.
  • DNP America, LLC
  • HPM GLOBAL INC.
  • SOPAKCO Packaging
  • AIPIA
  • Clifton Packaging Group Limited
  • Floeter India Retort Pouches (P) Ltd

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Tuesday, 2 December 2025

U.S. Demand for Property Management Services Market to Incur Considerable Upsurge During 2025– 2033: Grand View Research Inc.

 U.S. Property Management Services Market Summary

The U.S. property management services market size was estimated at USD 4,426.8 million in 2024 and is expected to reach at USD 7,660.8 million by 2033, growing at a CAGR of 6.6% from 2025 to 2033. The market is driven by rising rental demand, rapid urban development, and the growing adoption of digital technologies.

Key Market Trends & Insights

  • The U.S. property management services market is expected to grow at a CAGR of 6.6% over the forecast period.
  • By service, rent collection segment is expected to grow at a considerable CAGR of 6.9% from 2025 to 2033 in terms of revenue.
  • By property type, commercial segment is expected to grow at a considerable CAGR of 7.1% from 2025 to 2033 in terms of revenue.
  • By end user, housing association segment is expected to grow at a considerable CAGR of 7.0% from 2025 to 2033 in terms of revenue.

Market Size & Forecast

  • 2024 Market Size: USD 4,426.8 Million
  • 2033 Projected Market Size: USD 7,660.8 Million
  • CAGR (2025-2033): 6.6%


Improved operational efficiency and a strong shift toward professional management solutions are further accelerating market growth across residential and commercial sectors. In the U.S., the rise of smart buildings and the use of data analytics for predictive maintenance and leasing strategies are key drivers of market growth. Evolving tenant expectations especially for responsive service and seamless digital experiences are also pushing property management firms to innovate and stay competitive.

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U.S. Property Management Services Company Insights

Some of the key players operating in the market include Greystar, FirstService Residential, Lincoln Property Company, Asset Living.

  • Greystar is a prominent property management company in the U.S., managing a broad portfolio of multifamily, student, and senior housing units. It offers integrated services including property operations, development, and investment management. The company operates across global markets with a strong focus on technology and resident experience.
  • FirstService Residential manages a wide range of residential communities across the U.S. and Canada, including condominiums, homeowner associations, and master-planned developments. The company provides property maintenance, financial services, and administrative support, with an emphasis on enhancing community living, ensuring compliance, and delivering tailored management solutions to property owners and boards.

Key U.S. Property Management Services Companies:

  • Greystar
  • Lincoln Property
  • Asset Living
  • FPI
  • Alliance Residential
  • FirstService Residential
  • Evernest
  • Darwin Homes
  • HomeRiver Group
  • Northpoint

Recent Developments

  • In May 2025, Lincoln Property Company expanded its property management services in Southern California through a strategic investment in Unire Real Estate Group. This move strengthens its regional presence, enhances service capabilities, and supports growth in the competitive Southern California real estate market.
  • In February 2024, Asset Living launched a centralized business intelligence platform that enhances overall operations by improving property performance and optimizing business growth. This technology-driven approach enables better decision-making, increases efficiency, and supports the company’s goal of delivering improved services to clients and residents.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Monday, 1 December 2025

Poland Liquid Dietary Supplements Market Trends, Growth Prospects To 2030: Grand View Research Inc.

 Poland Liquid Dietary Supplement Market Summary

The Poland liquid dietary supplements market size was estimated at USD 146.4 million in 2024 and is projected to reach USD 260.5 million by 2030, growing at a CAGR of 10.2% from 2025 to 2030. Industrialization has expanded access to various liquid dietary supplements, improving manufacturing efficiency and shelf availability across pharmacies and online platforms.

Key Market Trends & Insights

  • By ingredients, the botanicals segment held the highest market share of 31.2% in 2024.
  • By ingredients, the fibers & specialty carbohydrates segment expected to grow at the fastest CAGR of 14.2% from 2025 to 2030.
  • By type, the OTC segment held the highest market share of 75.1% in 2024.
  • By application, the bone & joint health segment held a significant market share of 12.2% in 2024.
  • By end use, the adults segment held the highest market share of 63.0% in 2024.

Market Size & Forecast

  • 2024 Market Size: USD 146.4 Million
  • 2030 Projected Market Size: USD 260.5 Million
  • CAGR (2025-2030): 10.2%

Social media has played a crucial role in shaping consumer choices such as health influencers, wellness trends, and targeted advertising have raised awareness of the benefits of liquid dietary supplements, particularly those promoting beauty, immunity, and digestive health. Use of liquid dietary supplement in Poland is on the rise, driven by consumer preference for convenient, easy-to-swallow formats with perceived higher bioavailability. Liquid dietary supplements are popular among women aged 25-44, seniors, parents, and health-conscious urban consumers and are commonly used for vitamin D, magnesium, collagen, and herbal extracts. Key drivers include functional benefits, taste, and personalized health trends.

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Consumer Insights

Consumers in Poland rely heavily on dietary supplements for nutritional support and as part of a preventive health routine, especially during cold and flu seasons or in response to dietary gaps caused by modern lifestyles. The growing awareness of self-care, increased availability of supplements in pharmacies and online, and influence from social media and wellness influencers have made supplement use, especially in liquid form, a regular part of everyday health management in Poland.

Consumer behavior toward liquid dietary supplements in Poland reflects a strong preference for convenience, effectiveness, and ease of use. Many consumers, particularly parents, seniors, and health-conscious adults, choose liquid supplements such as syrups and drops due to their pleasant taste, faster absorption, and ease of swallowing, especially for children and older individuals. These forms are seen as more suitable for daily use and often allow more precise dosing, which increases user confidence and adherence.

Key Poland Liquid Dietary Supplements Company Insights

Some key companies operating in the market include Pharmovit, Curtis Health Caps, Living-Food, and BioCorpo Sp. z o. o.

Key Poland Liquid Dietary Supplements Companies:

  • Pharmovit
  • Curtis Health Caps
  • Living-Food
  • BioCorpo Sp. z o. o.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Disposable Trocars Market Latest Trends, Industry Growth And Forecast To 2033: Grand View Research Inc.

 Disposable Trocars Market Summary

The global disposable trocars market size was estimated at USD 520.17 million in 2024 and is projected to reach USD 823.99 million by 2033, growing at a CAGR of 5.26% from 2025 to 2033. The growth of the market is attributed to the growing adoption of minimally invasive surgical (MIS) techniques, which demand safer, more efficient, and infection-resistant access devices. 

Key Market Trends & Insights

  • North America dominated the disposable trocars market with the largest revenue share of 31.53% in 2024.
  • The disposable trocars market in the U.S. accounted for the largest revenue share of 82.37% in North America in 2024.
  • Based on tip, the bladeless trocars segment led the market with the largest revenue share of 35.38% in 2024.
  • Based on application, the general surgery segment led the market with the largest revenue share of 27.19% in 2024.

Market Size & Forecast

  • 2024 Market Application: USD 520.17 Million
  • 2033 Projected Market Application: USD 823.99 Million
  • CAGR (2025-2033): 5.26%
  • North America: Largest market in 2024
  • Asia Pacific: Fastest growing market

Rising surgical volumes globally, especially in laparoscopic, gynecological, and bariatric procedures, have increased the need for single-use trocars that reduce the risk of cross-contamination and eliminate the costs and complexities of sterilization. Technological advancements, including miniaturized designs, enhanced sealing mechanisms, and ergonomic features, further boost their clinical utility. The shift toward outpatient surgeries and strong regulatory support for infection control in healthcare settings also propel market growth. Disposable trocars eliminate the need for sterilization, significantly reducing the risk of cross-contamination and hospital-acquired infections (HAIs). There has been a notable shift toward single-use surgical instruments in response to stricter infection control protocols enforced by healthcare institutions and regulatory authorities, especially after the COVID-19 pandemic. As a result, disposable trocars are increasingly favored for their safety, efficiency, and cost-effectiveness, aligning with the evolving standards in hospital hygiene and patient care.

The growing prevalence of chronic conditions such as obesity, cancer, and gastrointestinal disorders is driving a steady rise in surgical procedures worldwide. Additionally, the expanding elderly population, more prone to requiring surgical interventions, further amplifies the demand for efficient surgical tools like trocars. In this context, disposable trocars offer a quick, sterile, and reliable solution, making them ideal for high-volume clinical settings. Their use supports healthcare systems in handling larger patient loads while maintaining high safety, hygiene, and procedural efficiency standards.

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Key Disposable Trocars Company Insights

The disposable trocars market is extremely fragmented, with both major and local market competitors. Due to the fact that the current market players are stepping up their efforts to grab the majority in the disposable trocars market, fierce competition is anticipated, with the degree of competitiveness perhaps rising even higher. Many market participants are engaging in various strategic activities, such as product launches, mergers and acquisitions, and geographic growth, in an effort to gain a competitive edge over rivals. Thus, with various strategies adopted by the market players, the disposable trocars market is predicted to grow during the forecast period.

Key Disposable Trocars Companies:

The following are the leading companies in the disposable trocars market. These companies collectively hold the largest market share and dictate industry trends.

  • Medtronic
  • Ethicon (Johnson & Johnson)
  • Braun SE
  • Applied Medical Resources Corporation 
  • CooperSurgical, Inc.
  • Teleflex Incorporated
  • CONMED Corporation
  • Zhejiang Geyi Medical Instrument Co., Ltd
  • Purple Surgical
  • Lepus Medical Technology(Beijing) Co., Ltd.
  • Xion Medical
  • Ningbo Yaoming Medical Technology Co., Ltd.
  • LaproSurge

Recent Developments

  • In March 2025, Nexus CMF introduced a new addition to its 2023 product lineup: the 1.9mm Disposable Trocar, designed with a cleaner and sharper needle point edge for enhanced precision and performance.
  • In October 2024, Purple Surgical officially launched its operations in Brazil, debuting at the 72nd Brazilian Congress of Coloproctology. The event marked a significant milestone for the company as it expanded its global presence.
  • In December 2023, Xpan received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Universal Trocar System. This flexible trocar, capable of expanding between 5mm and 12mm, has already been successfully utilized in surgical procedures across the U.S.
  • In August 2022, Teleflex Incorporated announced the acquisition of Standard Bariatrics, Inc. Standard Bariatrics is known for its medical technologies, including devices used in bariatric surgery. The acquisition will expand Teleflex's portfolio in the surgical space.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Metal Casting Market to See Booming Grow at a CAGR of 4.8% by 2033

 Metal Casting Market Growth & Trends

The global metal casting market size is expected to reach USD 233.88 billion by 2033, accelerating at a CAGR of 4.8% from 2025 to 2033, according to a new report by Grand View Research, Inc. Expansion of the construction sector due to infrastructure requirement and housing needs is one of the key drivers for market growth.

An increase in urbanization trend in China and India is a key factor triggering the growth of housing and infrastructure industries. Incentives and funding for first-time home buyers are triggering the growth of building & construction industry. Governments across various countries are offering incentives and funding to meet the housing needs of growing population.

For instance, the Canadian government offers a 5% incentive on the purchase of an existing house for first-time buyers. Similarly, in Germany, under the federal government initiative, around USD 13,400 is granted to first-time buyers under certain criteria. India and China are also recording an increase in industrial output, which is in turn favoring the demand for metal casting. Asia Pacific accounted for the highest volume share of 55.9% in 2024 in the market for metal casting.

Aluminum casting segment is projected to grow at the highest CAGR of over the forecast period. As per a report by The Aluminum Association, total aluminum content in vehicles is projected to reach 256 kg per vehicle by 2025, globally. Strict regulations such as Euro 6c emission standards in the European Union are contributing to the growth of the market. It has become necessary for automakers to reduce the weight of vehicles using lightweight materials such as aluminum and magnesium.

Steel segment is anticipated to grow at a moderate CAGR on account of demand from automotive components. As per the World Steel Association, around 900 kg of steel is required per vehicle. Around 34% of steel is used in doors, panels, closures, and body structure parts. The growing usage of advanced high strength steel (AHSS) is projected to create new opportunities for metal casting vendors as it reduces the weight of a vehicle and also enhances fuel efficiency and safety. Many research institutes and private organizations are working on new grades of AHSS. These grades have capabilities to reduce the vehicle weight by 25% to 39% and help achieve 3 to 4.5 tons of greenhouse gas savings over the life cycle of a vehicle.

Metal casting industry faces various challenges including underutilization of capacity, optimization of resources, high energy consumption, stringent norms, and overall effectiveness. Metal casting manufacturers are likely to focus on industrial internet of things (IIoT) over the coming years as IIoT has the potential to control and monitor the temperature of foundries, machinery downtime tracking, and enhance resource management.

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Metal Casting Market Report Highlights

  • The aluminum segment accounted for the largest revenue share of 40.8% in 2024. The major portion of the demand in this segment is projected to come from emerging markets, especially from the automotive, construction, and oil & gas sectors.
  • The automotive segment held the largest revenue share of 59.53% in 2024. The global automotive production has been observing gradual yet encouraging growth in global automotive production over recent years.
  • Asia Pacific dominated the market and accounted for the largest revenue share of 55.9% in 2024. Asia Pacific is characterized by the presence of skilled labor at low cost, which makes it the most lucrative region for manufacturers to set up production facilities.

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Metal Casting Market Segmentation

Grand View Research has segmented the global metal casting market report based on material, application, and region:

Metal Casting Material Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

  • Iron
  • Steel
  • Aluminum
  • Others

Metal Casting Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

  • Automotive
  • Industrial
  • Building & Construction
  • Others

Metal Casting Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Spain
    • Italy
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
  • Middle East & Africa

List of Key Players in Metal Casting Market

  • Alcast Technologies Ltd.
  • Ahresty Corporation
  • Calmet Inc
  • Dynacast Ltd
  • Endurance Technologies Limited
  • GF Casting Solutions (Georg Fischer AG)
  • MES, Inc. (Metrics Holdings)
  • Proterial, Ltd
  • Rheinmetall AG
  • Ryobi Limited

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

License Management Market Size, Trends, and Growth Forecast 2033

  License management is the process of tracking, organizing, and controlling software licenses within an organization. As businesses increas...