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Showing posts from January, 2023

Naphthalene and PCE Based Admixtures Market to grow at CAGR of 4.85% By 2028

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Growing demand from infrastructure and real state sectors to drive the demand for the global naphthalene and PCE based admixtures market in the forecast period, 2024-2028. According to TechSci Research report,  “ Naphthalene and PCE Based Admixtures Market - By Region, Competition Forecast and Opportunities, 2018-2028 ” , The global naphthalene and PCE based admixtures market is projected to reach  USD 20,436.03 million  with   an exponential CAGR rate of  4.85%  in the forecast period, 2024-2028. Increasing demand from the end-user industries and the growing trend towards sustainable development is the primary factor affecting the market's share of naphthalene and PCE-based admixtures. Due to their cost-effectiveness and water-saving properties, admixtures are the best alternatives to the conventional method. Fluctuation of raw material prices, scarcity of skilled labor, and lack of awareness among users may restrain growth of the market. T...

Aerospace Coatings Market to Cross $ 2. 4 Billion Globally by 2024

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  Increasing government spending on defense and rising demand for aircraft in regions like Asia-Pacific and Middle East to boost global aerospace coatings market through 2024. According to a report released at TechSci Research, “ Global Aerospace Coatings Market  By Resin Type, By Technology, By User Type, By End-use Industry, By Application, By Region, Competition, Forecast & Opportunities, 2024 ” global aerospace coatings market projected to cross $ 2.4 billion by 2024. The growth in the market is led by use of nano coatings technology and advent of chromo-free technologies. Global aerospace coatings market is broadly segmented into resin type, technology, user type, end-use industry, application and region. Based on resin type, the market is categorized into polyurethane, epoxy and others. Polyurethane resin types are preferred over other coatings as they resist abrasion, staining, and chemicals. Moreover, polyurethane resin types have a high degree of natural resistanc...

Lactic Acid Market to Witness Robust Double Digit Grow until 2024

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Increasing demand for lactic acid-based personal care and eco-friendly products to boost global lactic acid market through 2024 According to TechSci Research report, “ Global  Lactic Acid Market  By Raw Material, By Application, By Region, Competition, Forecast & Opportunities, 2024” , the global lactic acid market is projected to grow at a CAGR of more than 15% during 2019-2024, reaching $ 8.8 billion by 2024. Anticipated growth in the market is expected to be fueled by increasing utilization of cosmetics & personal care goods due to the development of sophisticated products along with rising focus on formulation enhancement for distinct consumer groups. Browse xx market data Figures and Table spread through 110 Pages and an in-depth TOC on  " Global Lactic acid Market" https://www.techsciresearch.com/report/lactic-acid-market/4016.html Lactic acid is used to produce pills, controlled drug release systems and surgical sutures in the pharmaceutical industry. Moreo...

Corrosion Inhibitors Market to Grow at 4.11% CAGR Through 2028

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Growing demand from agriculture industries and the paint & coating sector to drive the demand for the global corrosion inhibitors market in the forecast period, 2023-2028. According to TechSci Research report,  “ Corrosion Inhibitors Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 ” , The global corrosion inhibitors market stood at USD8487.86 million in 2022 and is anticipated to increase at CAGR of4.11% in the forecast period, 2024-2028. Increasing demand for the water treatment system and from the oil & gas sector is the primary factor driving the market's share of corrosion inhibitors. Due to its multifunctional capabilities, the demand for corrosion inhibitors from metal processing is rising as it provides resistance to corrosion and can enhance the metal lifecycle. The shift towards substitute products, high costs associated with research & development, and strict environmental regulations restrain the corrosion inhibitors market...

Fatty Acid Methyl Ester Market to Witness Significant Growth until 2025

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 According to TechSci Research report,  “ Global Fatty Acid Methyl Ester Market By Product (Glyceryl Monostearate, Medium Chain Triglycerides, Polyol Esters, Glycol Esters, Isopropyl Palmitate and Sucrose Esters), By Product (Glyceryl Monostearate, Medium Chain Triglycerides, Polyol Esters, Glycol Esters, Isopropyl Palmitate and Sucrose Esters), By Region, Competition, Forecast & Opportunities, 2025 ” , global fatty acid methyl ester market is expected to grow at steady CAGR during the forecast period. Utilisation of FAME in metals of engines as well in production facility is one of the major factors which is expected to bode well for the growth of global fatty acid methyl ester through the forecast period. This is because FAME helps in nullifying the corrosion caused by free fatty acids. Moreover, enactment of stringent environmental regulations by the government across the globe is further anticipated to drive the market growth in the coming years. Furthermore...

Solar Water Pumps Market is expected to grow at a CAGR of 8.46% to reach USD791.46 million by 2027

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Due to the growing expansion of agriculture activities and increasing efforts of governments to promote clean energy to drive the Global Solar Water Pumps Market through forecast period. According to TechSci Research report, “ Solar Water Pumps Market   - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global solar water pumps market was valued at USD484. 46 million in 2021 and is expected to grow at a CAGR of 8.46% to reach USD791.46 million by 2027. Factors such as the large presence of solar manufacturers and the growing awareness of solar water pumping to reduce the dependency on fossil fuels drive the demand for the global solar water pumps market. The other prominent factors driving the growth of the global solar water pumps market are rapid advancements in photo voltaic technology which is lowering the cost of solar water pumps, and government regulations promoting energy production from renewable energy sources. Also, the steps taken by lea...

Electrochemical Hydrogen Compressor Market to Reach USD110.34 Million by 2027

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High-end investments and technological advancements and rise for EHCs among end user industries including chemical, oil and gas industry and automobiles are driving the growth of global electrochemical hydrogen compressor market in the forecast period, 2023-2027. According to TechSci Research report, “ Electrochemical Hydrogen Compressor Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 ” , Global electrochemical hydrogen compressor market stood at USD51.99 million in 2021 and is expected to register a CAGR of 13.96% to reach USD110.34 million by 2027. The global electrochemical hydrogen compressor market is expected to increase at a stable rate. Rapid urbanization and industrial growth are expected to increase energy consumption. Consequently, the rising demand for energy and power owing to rapid urbanization and the increasing household incomes, along with improving manufacturing and heavy industries, are boosting the deployment of electrochemical hydr...

Asia-Pacific to Dominate Global Cellulose Ether and Its Derivatives Market till 2024

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Growing construction industry and increasing use of gelling agents in food and beverages sector to drive global cellulose ether & its derivatives market through 2024. According to TechSci Research report,  “ Global  Cellulose Ether and Its Derivatives Market  By Product Type, By End-User, By Region, Competition, Forecast & Opportunities, 2024 ” , global cellulose ether & its derivatives market is projected to cross $ 5 billion by 2024, driven by increasing construction activities along with growth of pharmaceutical and personal care industries. Some of the key players in the market are Ashland Inc., Du Pont, Cp Kelco, Shin-Etsu Chemical Co. Ltd., Akzonobel, Ashland Inc., Daicel Finechem Ltd., Lotte Fine Chemicals, DKS Co. Ltd. and China Ruitai International Holdings Co. Ltd. Browse market data Figures and Table spread through 110 Pages and an in-depth TOC on "  Global Cellulose Ether & Its Derivatives Market " https://www.techsciresearch.com/repo...

Fracking Chemicals Market to be Dominated by North America Region in the Forecast Period

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  Rising fracking activities and low-cost energy delivery are prime factors driving the growth of Global Fracking Chemicals market in the forecast period, 2024-2028. According to TechSci Research report, “ Fracking Chemicals Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”,  The global fracking chemicals market is anticipated to grow at an impressive CAGR in the forecast period 2024-2028. Fracking chemicals also referred as Hydraulic Fracturing Chemicals are applied on the field when hydrocarbon in reservoir encounters a heavy resistance to flow through porous media. When natural drive of the reservoir is not sufficient to push the hydrocarbon molecules, then certain chemicals are injected from surface to the bottomhole. These chemicals are technically referred as Fracking Chemicals and the overall procedure for this secondary recovery of crude oil is known as Hydrofracking or Hydraulic Fracturing. According to our research, United States h...

Dimethyl Carbonate Market to be Dominated by Battery Grade Segment Through 2028

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Rising adoption of battery grade is expected to drive the demand dimethyl carbonate market in the forecast period, 2024-2028. According to TechSci Research report, “ Dimethyl Carbonate Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”,  the global dimethyl carbonate market is anticipated to upsurge at an impressive rate in the forecast period 2024-2028. Dimethyl carbonate (DMC) is a non-toxic organic compound with the formula OC(OCH 3 ) 2 . It is a colorless, flammable liquid. It is notified as a carbonate ester. Its function as a methylating agent in the creation of analgesics, antipyretics, and anti-infectives, results in the growing requirement for dimethyl carbonate. Compared to conventional oxygenated additive fuel additives such as MTBE, dimethyl carbonate is non-corrosive, safe to handle, and has eco-friendly properties, replacing MTBE in commercial gasoline/diesel leading to the rise in demand for dimethyl carbonate worldwide. Fu...

Silicone Sealants Market to be Dominated by Construction Segment Through 2028

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  Rise in construction activities and Increasing demand of the silicone sealants, owing to their unique properties, such as low-temperature resistance, good electrical properties and weather resistance, and chemical stability, are expected to drive the demand for the Global Silicone Sealants Market in the forecast period, 2024-2028. According to TechSci Research report, “ Silicones Sealants Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”,  Global Silicones Sealants are projected to increase at an impressive rate in the forecast period, 2024-2028. Silicone sealants are employed in the structures' expansion, building, connection, and movement joints. These sealants also increase the flexibility of facility structures, allowing materials to withstand pressure and movement caused by wind or earthquakes. Buildings can be made more energy-efficient using silicone sealants to prevent moisture and cold or warm air from entering via joints and crac...

Smart Adhesives Market to be Dominated by Building and Construction Industry During Forecast Period

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Scalable solutions in size and ease of deployment are prime factors driving the growth of the Global Smart Adhesives Market in the forecast period 2024-2028. According to TechSci Research report, “ Smart Adhesives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028,”  Global Smart Adhesives market is anticipated to register a robust CAGR in the forecast period, 2024-2028. Newer technologies are emerging within the category of smart adhesives, which have massive potential to grow bigger. Innovation in the adhesives and sealant industry has been heard so many times in the news, but the recent breakthrough in adhesives technologies to advance industries that can unleash the attributes of these engineered materials is commendable. These advancements are occurring at an exponential rate, unraveling investment opportunities across various industries. Bonding via smart adhesives is a viable technique for binding a wide range of materials, and their applicat...

Phenol Derivatives Market is projected to reach $ 21.81 billion by 2024, growing at a CAGR of 5.32%

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Global inclination towards cleaner sources for generating energy to drive global phenol derivatives market through 2024 According to TechSci Research report,  “ Global  Phenol Derivatives Market  By Derivative, By Region, Competition, Forecast & Opportunities, 2024 ’’ , phenol derivatives market, globally, is projected to reach $ 21.81 billion by 2024, growing at a CAGR of 5.32% during the forecast period. Increasing demand for Bisphenol A, a major phenol derivative, is anticipated to support the global market for phenol derivatives, as it is widely used in polycarbonates, which are used in expanding medical and consumer goods industries. Moreover, global inclination towards cleaner sources for power generation is anticipated to increase the demand for epoxy resins, enhancing the overall phenol derivatives market. Epoxy resins are being extensively adopted in various other areas including general purpose  adhesives , industrial coatings, non-skid coatings, r...

Dimethyl Ether Market to be Dominated by LPG Blending application through 2028

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  Increasing demand for LPG blending applicability is expected to drive the demand for Dimethyl Ether Market in the forecast period 2024-2028. According to TechSci Research report, “ Dimethyl Ether Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028,”  the global dimethyl ether market is anticipated to upsurge at an impressive rate in the forecast period 2024-2028. Dimethyl Ether is mildly narcotic, nontoxic, highly flammable gas, liquified when pressurized at room temperature. It is an isomer of ethanol. It is an alternate source of fuel as it has no sulfur content and has a high cetane number. It is frequently utilized as a substitute for gasoline for use in vehicles, as fuel for power plants, as propane in liquified petroleum gas (LPG), and as a raw material for the production of a variety of chemical goods. Additionally, the growing demand for aerosol propellants is a crucial factor responsible for market growth. Thu...

Adhesive Film Market Is Projected To Grow Nearly $ 75 Billion By 2024

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Growing pharmaceutical, e-commerce and consumer durable industries coupled with increasing consumer demand for product information to boost global adhesive film market through 2024 According to TechSci Research report,  “ Global Adhesive Film Market  By Film Material, By Adhesive Resin Type, By Application, By End-Use Industry, By Region, Competition, Forecast & Opportunities, 2024 ” , global adhesive film market is projected to grow from $ 58 billion in 2018 to nearly $ 75 billion by 2024, exhibiting a CAGR of 5.8% during the forecast period, mainly backed by rising consumer demand for product information and growth in pharmaceutical, e-commerce and consumer durable industries. Film adhesives are pre-catalyzed adhesives that include a broad range of compounds such as phenolic, bismaleimide and epoxy that are supplied in the form of film or sheet. After being subjected to a curative process, film adhesives form a permanent structural bond on the attaching surface and ...