The global recycled copper market is evaluated at US$23.349 billion for the year 2019 growing at a CAGR of 4.84% reaching the market size of US$32.506 billion by the year 2026. The global market for recycled copper gained traction with the increasing awareness and benefits it provides as compared to the new copper that is mined annually. Moreover, the rapid pace of developments across various industries at a global level has increased the demand for recycled copper. The key factors expected to b Read more...
The sodium cyanide market is expected to witness a CAGR of 3.74% during the forecast period to reach US$2.693 billion by 2026 from US$2.083 billion in 2019. The sodium cyanide market is growing at a steady pace. Sodium cyanide is a chemical used commercially in the extraction of gold and silver from ores, fumigation, electroplating as well as chemical manufacturing. Read more...
The solid oxide fuel cell market is projected to have a compound annual growth rate of 24.46%, from US$681.850 million in 2019 to US$3,154.260 million in 2026. The market of solid oxide fuel cells is expected to drive by increasing investments to promote a sustainable environment, increasing demand for renewable sources of energy, and increasing the development of energy-efficient systems to fulfill the additional power demands. Nowadays, with increasing awareness for the sustainable environment Read more...
The global citral market was valued at US$709.642 million in 2019. The market of citral is expected to drive by increasing demand for citral in consumer goods due to its pleasant odor and taste, mainly by food, cosmetics, and personal care industries. It is also used as an active agent in medical fields to cure breast cancer. Increasing disposable income of the consumers is also driving the growth of the citral market. An increase in disposable income will increase the demand for the consumption Read more...
The global sulfamic acid market is projected to have a compound annual growth rate of 7.13%, growing from US$264.263 million in 2019 to US$427.972 million in 2026. The market of sulfamic acid is expected to drive by increasing demand in industrial applications, and the increasing demand for personal care and cosmetic products. Sulfamic acid is used as a chemical cleaning agent as it is a water-soluble compound in the industrial sector. In the consumers’ applications, the people's deman Read more...
The global Nano metals market is expected to grow at a compound annual growth rate of 13.70% over the forecast period. The market is expected to be driven by the rising demand in automotive, healthcare, construction, healthcare, and other industries. There has been a substantial rise in healthcare, infrastructure and construction spending, globally, because of the rise in population and other related factors. According to the United Nations, by the year 2050, the population is expected to b Read more...
The global building insulation materials market is expected to grow at a compound annual growth rate of 4.26% over the forecast period to reach a market size of US$33.951 billion in 2026 from US$26.438 billion in 2020. The market is expected to be driven by the rise in investments and spending on infrastructure development, rising urbanization, population, and increase in the income of the middle class. The tourism sector will also be a major factor in the overall m Read more...
The global copper market is evaluated at US$135.242 billion in 2020. The market is expected to be driven by the growth of the electric vehicles industry, clean and renewable energy, rising manufacturing and industrial sector, rise in the real estate sector and other related sectors. With the rise in urbanization, the United Nations projected that 68% of the global population is expected to live in urban areas by the year 2050. Countries have been investing significant ca Read more...
The global graphene composites market is expected to grow at a compound annual growth rate of 26.08% over the forecast period. The major advantage of graphene composites is that they are highly chemical resistive, lightweight, have high mechanical stability and thermal conductivity. Manufacturers and producers find it easier to fabricate graphene composites materials, which makes the material highly attractive for industries like building and construction industries, wind turbine and automo Read more...
The global polymer composites market is expected to grow at a compound annual growth rate of 5.13% over the forecast period to reach a market size of US$52.997 billion in 2026 from US$39.261 billion in 2020. The market is expected to be driven by the growth of the automotive sector, aerospace sector, energy and defense sector, and others. With the rise in population and urbanization, the demand for vehicles, passenger traffic has surged, since the last decades. The United Nations recent Read more...
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