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Showing posts from October, 2025

Global Pharmaceutical Packaging Equipment Market to Reach US$14.8 Billion by 2032

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Industry Experts, Inc. has unveiled its latest market research report, " Pharmaceutical Packaging Equipment - A Global Market Overview " , estimating that worldwide revenues will rise from US$8.4 billion in 2025 to US$14.8 billion by 2032, registering a CAGR of 8.3% during 2025-2032. Growth is fueled by surging production of biologics, vaccines, and personalized therapies, stricter quality and regulatory requirements, and rapid adoption of robotics, AI, and advanced vision systems that boost throughput while minimizing operational risks. Pharma producers are investing in reliable, high-speed lines that support serialization, tamper evidence, and contamination control to secure global supply chains and prevent counterfeiting. Contract manufacturers and contract packagers are scaling flexible, multi-format equipment to serve diverse clients and small batches. At the same time, sustainability initiatives, including the use of recyclable substrates, lightweight packag...

Global Plastics Processing Machinery Market to Reach US$41.9 Billion by 2032

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Industry Experts, Inc. has unveiled its latest market research report, " Plastics Processing Machinery - A Global Market Overview " , estimating that worldwide revenues will rise from US$28.6 billion in 2025 to US$41.9 billion by 2032, registering a CAGR of 5.6% during 2025 to 2032. Growth is supported by robust demand from packaging, automotive, construction, and consumer goods, ongoing innovation in all-electric and hybrid machines, and the need to produce lighter and more durable plastic components for vehicles, medical devices, and e-commerce packaging. Rising automation and Industry 4.0 capabilities are improving precision, throughput, and energy efficiency while reducing scrap and downtime. In parallel, sustainability and circular economy initiatives are accelerating investments in equipment that can process recycled and bio-based materials, integrate in-line quality control, and enable faster changeovers. Headwinds persist, including raw material price vol...

Rapid Growth in Global Haptics Market Driven by Automotive Applications and Metaverse, Set to Reach US$8.7 Billion by 2032

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According to the new study released by Industry Experts, Inc., " Global Haptics Market - Technologies and Applications " , the worldwide haptics market is forecast to rise from US$4.9 billion in 2025 to nearly US$8.7 billion by 2032, advancing at a healthy CAGR of 8.6%. Smartphones remain the backbone of the market due to their ubiquitous use of haptic actuators for tactile feedback, but the growth story is increasingly shifting toward automotive interfaces and immersive digital experiences. Automotive and transportation applications are projected to grow at around 20% annually, fueled by haptic-enabled infotainment systems, solid-state buttons, and driver-assist safety alerts. The metaverse segment, encompassing VR/AR/XR devices and haptic wearables, is also on a steep trajectory with a CAGR of 17.3%. Asia-Pacific leads the global haptics market, supported by China, Japan, and South Korea’s dominance in electronics and gaming, while Europe and North America con...

Construction and Lightweight Composites Drive Global Continuous Basalt Fiber Market Past US$300 Million by 2031

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Industry Experts, Inc. has announced the publication of a new research report titled " Global Continuous Basalt Fiber (CBF) Market - Product Forms and Applications ." According to the report, global revenues from continuous basalt fibers are expected to rise from around US$178 million in 2024 to nearly US$306 million by 2031, expanding at a CAGR of 8% during the forecast period 2025-2031. Continuous basalt fiber (CBF), produced directly from volcanic rock, continues to gain momentum across multiple industries for its superior strength, corrosion resistance, and thermal stability. The Construction & Infrastructure segment remains the leading consumer of basalt fibers, driven by rising use of basalt rebar, fabrics, and mesh in bridges, tunnels, and marine structures. Meanwhile, the Pipes & Tanks segment is projected to register the fastest growth through 2031, supported by lightweighting and sustainability initiatives. By product form, Rovings constitute ...