The Kosher Salt market is projected to grow at a CAGR of 4.41% to reach US$1,276.876 million by 2025, from US$985.590 million in 2019.Kosher salt is a coarse-grained salt derived from salt crystals, usually sold without being iodized. The original purpose of kosher salt was to kosher meat, from where it got its name “kosher salt”. It is gaining traction in the market because of being less processed than the common table salt. Read more...
The braze alloys market is expected to grow at a CAGR of 4.97% to reach a market size of US$5,760.807 million in 2025 from US$4,306.179 million in 2019.The market is propelled to grow in t he forecast period owing to the growing brazing applications in various high-end industries such as aerospace and defense. The growing aerospace and defense industry is one of the major drivers fueling the growth of the global braze alloys market during the forecast period. Furthermore, with the growing air Read more...
The industrial refractory materials market is expected to surge with a CAGR of 3.45% to achieve a market size of US$27.593 billion by 2025, from US$22.507 billion in 2019.The market is expected to propel in the forecast period owing to the immense utilization of refractory materials in various end-use industries. The major industries include steel and foundry industry, glass, and cement among others. The growing iron and steel industry is driving the growth of the global industrial refractory Read more...
The global graphene market was valued at US$2.308 billion in 2019 and is expected to grow at a CAGR of 38.02% over the forecast period to reach US$15.953 billion in 2025. Graphene is the world’s strongest and thinnest material with high thermal and electrical conductivity. Increasing demand for flexible, lightweight and renewable materials with a long life span is the primary factor driving the growth of the global graphene market size. Graphene is used for composites & coating mater Read more...
The extruded low-density polyethylene (LDPE) market is projected to grow at a CAGR of 1.79% during the 2018-2024 period. The demand for LDPE extrusion is mainly driven by the packaging sector. Its increasing usage in flexible packaging is boosting the LDPE extrusion market growth. LDPE films are used to package rice and other miscellaneous edible product items. Thus, the market is poised to grow at a substantial rate over the forecast period on account of burgeoning preference and popular 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...
The global flooring market is expected to grow at a decent CAGR of 2.39% throughout the forecast period to reach US$62.382 billion in 2024 from US$54.144 billion in 2018. Rapid urbanization, an increase in residential and commercial construction activities are driving the growth of the global flooring market during the forecast period. 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 i Read more...
Construction plastic market is projected to grow at a CAGR of 5.17% to reach US$134.726 billion by 2024, from US$99.577 billion in 2018. 'Plastic' is a synthetic material that is based on organic polymers. The construction industry uses plastic for a wide range of applications because of its versatility, strength-to-weight -ratio, durability, corrosion resistance, easy to install, energy-saving and so on. Moreover, the low cost of plastic compared to other substitutes; along with the a Read more...
The organic binder market is anticipated to grow at a CAGR of 5.54% in order to attain a market size of US$10,205.409 million by 2025, from US$7,384.615 billion in 2019.Organic binders are biodegradable and hence are considered as environmentally safe. The growing trend for the adoption of green materials is driving the demand for organic binders in several end-user industry verticals. Organic binders, on the basis of binder type are segregated into resins, gums, waxes, and others utilized in Read more...
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