Silicone Elastomers Market Size, Types and Growth Drivers
The report “Silicone Elastomers Market by Type (HTV, RTV, LSR), By Process (Extrusion, Liquid Injection Molding, Injection Molding), End-Use Industry (Building & Construction, Electrical & Electronics, Automotive & Transportation) & Region – Global Forecast to 2027” The silicone elastomers market is projected to reach USD 13.5 billion by 2027, at a CAGR of 7.4 %...
Recent Developments & New Revenue Opportunities in Textile Recycling Market Industry
Textile Recycling Market New Revenue Pockets
The global textile recycling market size is projected to reach USD 9.4 billion by 2027 from USD 6.9 billion in 2022, at a CAGR of 6.4% during the forecast period. The increasing environmental concern about waste production and rising social awareness about textile recycling is expected to propel the growth of the textile recycling market. In addition,...
Rising Demand for the Phosphoric Acid Market Industry
Phosphoric Acid Market Leaders
The global phosphoric acid market will grow to USD 56.8 Billion by 2027, at a CAGR of 4.1% from USD 46.4 Billion in 2022. Phosphoric acid market is mainly driven by increasing demand from fertilizer industry, food and beverages industry, and growing use of phosphoric acid in the fuel cells. The environmental concerns and increasing regulatory pressure hamper the...
Rising Demand for Hydrogen Peroxide Market Industry
The global hydrogen peroxide market is projected to grow from USD 3.2 Billion in 2022 to USD 4.0 Billion by 2027, at a CAGR of 5.0% during the forecast period. Hydrogen peroxide plays a vital role in the chemical industry. These products are necessary raw materials in major bulk chemical industries and are utilized in various industrial and manufacturing value chains. The products are used in different...
Recent Developments & New Revenue Opportunities in Sodium Hydroxide Market Industry
The global sodium hydroxide market is projected to grow from USD 49.3 Billion in 2022 to USD 61.1 Billion by 2027, at a CAGR of 4.4% during the forecast period. Increase in the demand from the alumina application industry increased the demand for sodium hydroxide in 2021, which was driven by the surge in construction activity in emerging markets
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Glass Mat Material Market Poised to Expand at a Robust Pace by 2027
The global glass mat material market size is estimated to be USD 1.2 billion in 2022 and is forecasted to reach USD 1.7 billion by 2027, witnessing a CAGR of 6.8% between 2022 and 2027. Glass mat is made of non-woven materials, which can be randomly sized, chopped, or continuous glass fibers that are distributed uniformly and are bonded together with a binder material. Glass mat material majorly consist...
Intumescent Coatings Market: New Discovery And Future Outlook
Intumescent coatings are a type of coating that creates insulation, fireproofing, and even waterproofing properties. These coatings can be applied to wood, metal, concrete, and other materials so they may not be damaged when exposed to the environment. It is imperative that these materials are able to withstand extreme temperatures and pressures. The extensible nature of intumescent coatings give...
BASF SE (Germany), Dow Inc. (US) and Huntsman Corporation (US) are Leading Players in the Industrial Foam Market
The industrial foam market size is estimated at USD 55.6 billion in 2021 and is projected to reach USD 72.2 billion by 2026, at a CAGR of 5.4% between 2021 and 2026. The market is propelled by the growth of various end-use industries. Increasing investments in infrastructure, new housing projects, and renovation of non-residential buildings in China, India, and Brazil have also boosted the market...
The Market for Chitosan: Expanding Health Concerns Drive the Global Production of a Natural Polysaccharide
Chitosan is a natural polysaccharide that can be derived from the shells of crabs and lobsters. It is used as a food additive not only in Asia, but also in Europe and North America where it can be found in toothpastes, shampoos, facial masks, hair-care products, and dietary supplements. This article reviews the market for chitosan including production processes, global trade figures, and various uses...
The Future of Corrosion Protection: Anti-Corrosion Coatings Industry
Corrosion is a natural process that affects virtually every material. It’s what happens when a material comes into contact with a corrosive agent – water, air, or even stray electrical currents. The result of corrosion is often an ugly, brown or black residue on the surface of materials. In addition, the corrosion process causes damage to the structural integrity of whatever it’s...