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The global crude tanker fleet size is anticipated to reach 423 million dead weight tonnes (DWT) in 2020, as compared to 389 million dead weight tonnes (DWT) in 2018. The growth in the crude tanker market has been driven by fluctuating crude oil prices, rising oil demand and increasing urban population. The market faced challenges like fluctuating crude oil production and the US shale revolution ..

The global shipbuilding new orders reached 42.74 million GT in 2019. The factors such as increasing sea-borne trade, accelerating economic growth, growing energy consumption and rising demand of eco-friendly ships are expected to drive the market. However, growth of the industry would be challenged by the environmental regulations, risk of cyber breaches and trade wars. A few notable ..

European glass packaging market is predicted to reach US$19.0 billion in 2024, witnessing growth at a CAGR of 4.89% during the period spanning 2020-2024. The market growth was driven by various factors like increasing demand for alcoholic and non-alcoholic beverages, rising beer production in Europe, growing wine trade and increasing recycling rate of glass packaging. The market is expected to ..

The global BOPET film market is expected to record a value of US$24.84 billion in 2024, growing at a CAGR of 6.83%, during 2020-2024. The factors such as rising demand for plastic packaging, accelerating manufacturing of electronic products, grow ..

The global track & trace market is estimated to reach US$4.58 billion in 2024, growing at a CAGR of 16.46% for the period spanning 2020-2024. The growth of the market has been driven by an increasing population, accelerating economic growth, expanding urbanization, upsurge in drug counterfeiting incidents and swelling demand of medical devices. Some of t ..