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Showing posts from September, 2022

Naphthalene Derivatives Market Outlook 2027 By Size, Share, Trends, Growth And Demand

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Global naphthalene derivatives market is projected to surpass USD21.97 billion by the end of 2027, exhibiting robust growth at a CAGR of 6.18%, in value terms, during 2023-2027. The growth in the global naphthalene derivatives market can be attributed to the surging industrial as well as commercial applications in umpteen end-user industries. The low volatility and odor features of naphthalene derivatives are widely escalating the demand for defense & military grade naphthalene derivatives. In addition to this, rising application of naphthalene derivatives in a variety of finishes such as high gloss, matte/satin, textured, suede is promulgating applications of naphthalene derivatives in the medical products, toys, etc. Increasing consumption of construction chemicals in developing countries and growing use of naphthalene derivatives across various end-user industries such as construction, agrochemicals, textiles, oil & gas, pulp & paper, etc. Growing modernization and ur...

Biomethane Market to Grow with a CAGR of 5.80% through 2027

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Imperative requirement to combat carbon emissions and improvisation in biogas digestion facilities are prime factors driving the growth in global biomethane market in the forecast period, 2023-2027. According to TechSci Research report,  “ Biomethane Market  - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027 ” ,  the global biomethane market stood at USD3944.28 million in 2021 and is projected to grow at a CAGR of 5.80% in the forecast period. The growing relevance of the decarbonization narrative and waste management methods are the key factors driving the demand for the global biomethane market in the next five years. An increase in the environmental concerns and stringent emission norms implemented by the government of various countries are accelerating the demand for alternate fuel automobiles. The volatility in crude oil/natural gas prices and their limited availability on earth are fueling the adoption of Bio-CNG vehicles across...

Saudi Arabia Contact Adhesive Market Outlook 2027 By Size, Share, Trends, Production, Manufacturers, Revenue Analysis

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According to TechSci Research ,  Saudi Arabia contact adhesive market  is projected to grow at a significant rate during the forecast period. The market growth can be attributed to the huge demand generating from woodworking industry and implementation of various government regulations regarding the use of contact adhesive chemicals. Besides, increasing industrialization and growing construction activities in commercial sector are also aiding Saudi Arabia contact adhesive market. Additionally, increasing technological advancements, rising demand for automobiles, higher buying capacity of consumers, and expanding residential infrastructure in the country are some of the other factors, which are expected to propel the demand for contact adhesive over the next five years. Moreover, research institutions and manufacturers are investing towards more research & development initiatives for the development of durable, low-cost, water-based contact adhesives, which is expected...