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 global sodium bicarbonate market is estimated to augment at a CAGR of 5.02% escalating from USD1.464 billion in 2019 to achieve USD1.964 billion by the end of 2025. Sodium bicarbonate, is commonly known as baking soda, is one of the key ingredients in bakery products. The growing bakery industry will continue to propel the market demand during the forecast period. It is also utilized in the animal feed industry, further propagating the market growth during the forecast period. Other a Read more...
The global graphite market is projected to surge at a CAGR of 3.95% from a market size of USD7.451 billion in 2019 to achieve a market size of USD9.402 billion by the end of 2025. Graphite is found in the form of black crystal flakes and masses. Important properties include high electrical conductivity, thermal stability, and its slipperiness, i.e. also known as lubricity. These properties make is highly suitable for several industrial applications that include lubricants, steelmaking and Read more...
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 mate 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 popula 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 Read more...
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