The global steel market was valued at US$1,600.1 billion in 2022 and is projected to grow at a CAGR of 3.9% during the forecast period 2023-2033.

The global Healthcare Packaging market is estimated to be valued at US$125.9 billion in 2023 and is expected to register a CAGR of 6.2% from 2023 to 2033.

The global Bioplastics market is forecasted to reach a value of US$8.05 billion in 2023 and is projected to grow at a CAGR of 20.5% during the forecast period 2023-2033.

In order to implement appropriate sorting mechanisms, manufacturers are identifying new infrastructure for segregating and collecting mixed plastics at recovery plants. The number of materials recovered at these facilities is directly proportional to the effectiveness of the selecting procedure.

The growth in the refractories manufacturing industries led to an increased demand for graphite.