Last updateSun, 09 Dec 2018 4am

Economic Outlook

Gravure Printing Inks Market to Attain a Value of US$2.6 Billion by 2024 Thanks to Burgeoning Packaging Industry - TMR

The global gravure printing inks market depicts the presence of a highly fragmented vendor landscape, says Transparency Market Research on the basis of a recently published report. Such diversity is mainly present owing to innumerable small, mid, and large-scale players working in the market.

U.S. Specialty Chemicals Market Starts 4th Quarter On Healthy Note

The American Chemistry Council (ACC) reported that U.S. specialty chemicals market volumes started the fourth quarter on a healthy note, rising 0.3 percent in October. This follows a 0.4 percent gain in September and a 0.6 percent rise in August. This marks an improvement from the average 0.1 percent gain in the second quarter but below the average 0.5 percent gain in the first quarter. In addition, the pace of change has moderated during the last three months. All changes in the data are reported on a three-month moving average (3MMA) basis. Performance chemistry reflects trends in manufacturing. Of the twenty-eight specialty chemical segments we monitor, seventeen expanded in October, down from nineteen in September. Eleven markets experienced decline. During October, large market volume gains (1.0 percent and over) occurred only in foundry chemicals, lubricant additives, and textile specialties.

Feed Packaging Market Worth $17.8 Billion by 2023 - Exclusive Report by MarketsandMarkets™

According to the new market research report "Feed Packaging Market by Pet (Dogs, Cats, Fish, and Birds), Livestock (Poultry, Ruminants, and Swine), Type (Flexible and Rigid), Feed Type (Dry, Wet, Pet Treats, and Chilled & Frozen), Material, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the Feed Packaging Market is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The feed packaging market is further bifurcated into pet food and livestock feed packaging. The major factors driving the feed packaging market include the increasing trend of pet humanization and the growing spending on the pet care and feed industry in developing regions. Further, the growing demand for shelf extension of feed at small and middle-scale livestock rearers' end is also expected to drive the market.

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