The amino acids market is evaluated at US$15.592 billion for the year 2019 growing at a CAGR of 4.37% reaching the market size of US$20.153 billion by the year 2025. Amino acids are organic compounds that are combined to form proteins. These are highly essential compounds that are common to all the living things that range from microbes to humans. There are wide applications of amino acids in the food industry, pharmaceuticals, and animal feed which is a major factor supplementing the mar Read more...
The global lime material market is expected to grow at a compound annual growth rate of 3.11% over the forecast period to reach a market size of US$112.430 billion in 2025 from US$93.557 billion in 2019. Lime is known as an inorganic calcium-containing mineral that is composed of hydroxide as well as oxides. It is also known as calcium oxide and it is formed by extensive burning of limestone minerals. It is also a product of coal seam fires. The mineral is widely popular in the construct Read more...
The phenolic panel market is estimated to grow at a CAGR of 5.59% to reach US$2.026 billion in 2025 from US$1.462 billion in 2019. Phenolic panels have been gaining popularity as a choice of material in the last couple of years on account of its ability to offer enhanced aesthetic appeal. Moreover, the panels are designed in a way which ensures that the surface does not offer necessary condition for the microbial growth. Furthermore, panels based on phenolic material are significantly su Read more...
The global ammonia market is evaluated at US$52.004 billion for the year 2019 growing at a CAGR of 3.62% reaching the market size of US$64.390 billion by the year 2025. Ammonia is a compound of hydrogen and nitrogen. It is a colorless gas that has a distinct odor. Ammonia is considered as one of the key components used to manufacture several things. It has the capability of easily getting dissolved in water and forms an ammonium hydroxide solution. Ammonia can be easily compressed and can Read more...
The global sodium carbonate (soda ash) market is projected to surge at a CAGR of 0.61% growing from USD13.349 billion in 2019 to attain USD13.848 billion by the end of 2025. Soda Ash or sodium carbonate is utilized as an essential raw material in the manufacturing of glass, soaps and detergents, chemical industry, and various other industrial applications. The market is projected to grow owing to the growing construction industry with varied investments in infrastructure projects worldwid Read more...
The global grease market is projected to grow at a CAGR of 2.31% to reach a market size of US$5.429 billion in 2025 from US$4.732 billion in 2019. The importance of grease cannot be understated since it has the potential of extending the life of a product. The ability of grease to improve the overall efficiency has been instrumental in driving its demand over the years. Simultaneously, the rising investment in heavy machinery manufacturing is further projected to push the market gr Read more...
The global commercial aviation aircraft paint market is evaluated at US$35.851 million for the year 2019 growing at a CAGR of 21.52% reaching the market size of US$115.462 million by the year 2025. An aircraft has to withstand harsh weather conditions, flex, bends, chemicals among others. Thus, aircraft paint is a special type of paint used to paint commercial aviation aircraft, whether new or old. There are majorly two types of paints used for these purposes that are epoxy and enamel. T Read more...
The fungicides market is evaluated at US$19.205 billion for the year 2019 growing at a CAGR of 4.16% reaching the market size of US$24.531 billion by the year 2025. Fungicides are pesticides that have a primary function of protecting the plants from fungi and its spores. Fungicides prevent the growth of fungi on plants and it also protects the plants from other types of diseases. The prevention of diseases from plants comprises a lot of activities which is collectively known as inte Read more...
The phosphoric acid market is evaluated at US$43.804 billion for the year 2019 growing at a CAGR of 3.53% reaching the market size of US$53.939 billion by the year 2025. Phosphoric acid is a type of inorganic acid that is primarily derived from phosphate rocks. This acid is colorless and odorless, and non-toxic in nature. Phosphoric acid is often considered as a non-volatile and crystalline liquid. There are wide applications of phosphoric acid that include fertilizer production and as an Read more...
The global electronic wet chemical market is estimated to grow at a CAGR of 4.66% to reach a market size of US$3,083.781 million in 2025 from US$2,346.537 million in 2019. Wafer cleaning is a critical process in large scale wafer manufacturing. The primary objective of wafer cleaning is to remove chemical and particular impurities without damaging the wafer surface. It is important to ensure that the surface of the wafer is not negatively impacted in the cleaning and etching process sinc Read more...
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