The global Oxo chemical market was valued at US$15.063 billion in 2018 and is expected to grow at a CAGR of 5.01% over the forecast period to reach a total market size of US$20.195 billion in 2024. Oxo chemicals are the intermediate and derivative chemical compounds that are used widely in the chemical and manufacturing processes of paints, plasticizers, coatings, adhesives, and lubricants. The growth of this market is being driven by rapid growth of industries like chemical and oil and gas ac Read more...
The neodymium magnet market is estimated to be valued at US$3.676 billion in 2018. Neodymium magnet is one of the most widely used rare-earth magnets. It is a permanent magnet made from iron, boron, and alloy of neodymium. It is the strongest commercial permanent magnet. The growing usage of neodymium magnets in consumer electronics is increasing the demand for these magnets. Increasing miniaturization of automotive parts such as power tools, sensors, etc. is uplifting the market of neodymium ma Read more...
Silica sand market is projected to grow at a CAGR of 7.44% during the forecast period, reaching a total market size of US$11.054 billion in 2024 to US$7.186 billion in 2018. Silica is one of the most common varieties of sand that is found on earth. It is used for a variety of purposes like filtering water, manufacturing of glass, blasting of sand, building roads, casting in industries, and painting and coating. Silica is popular due to the properties like high silica content, resistance to hea Read more...
Refining Catalysts market is projected to grow at a CAGR of 1.01% during the forecast period, reaching a total market size of US$3.274 billion in 2024 from US$3.083 billion in 2018. Stringent emission control regulations and an increase in the usage of petroleum derivatives are driving the market of refining catalysts. Rising investments in refineries and the accelerating demand for transportation fuel is boosting the growth of the market. Increase use of nano-catalysts in various refining pro Read more...
UV curing systems is a photochemical process in which high-intensity ultraviolet light is used to instantly cure or dry inks, adhesives or coatings. UV curable ink is an alternative to solvent-based products. The conventional process shrinks the initial application by more than 50% and creates environmental pollutants, whereas, in UV curing systems, no environmental pollutants are created, no loss of coating thickness, and no loss of volume. The result is higher productivity in less time, with a Read more...
The Global UV Disinfection System market was valued at US$ 4.447 billion in 2018 and is expected to grow at a CAGR of 2.57% over the forecast period to reach a total market size of US$ 5.179 billion by 2024.UV disinfection systems are used in industries like water & wastewater treatment, process water treatment, air, and surface disinfection. In the UV disinfection process, water is purified as it runs through a stainless steel chamber that contains a special UV- producing lamp. UV disinfe Read more...
Tartaric acid is an organic acid that occurs naturally in many fruits, particularly in grapes, but also in bananas, tamarinds, and citrus. Tartaric acid is used in wine manufacturing and is also gaining a rise in demand, for its application in the food and beverages industry, due to its antioxidant properties. It is also used in the pharmaceutical industry for medicine preparation and improving the taste of oral medicines. Furthermore, taking into consideration the ris Read more...
Flooring means a permanent covering of a floor, or for the work of installing a floor covering. Floor covering is used to describe any finish material which is applied over a floor structure to provide a walking surface.Materials which are classified as flooring include carpet, laminate, tile, and vinyl. The global flooring market is projected to witness steady growth in the coming years. The growth will be a result of rapid urbanization, increase in res Read more...
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