The commodity plastic market was evaluated at US$443.915 billion for the year 2020 and is projected to witness a compound annual growth rate of 5.47% over the forecast period and will reach the market size of US$611.144 billion by 2026. Commodity plastics refer to plastics that are used in a number of different industries. From being used to manufacture disposable cups to be an important component in lightweight electric vehicles, commodity plastics have extensive use cases. Commodity pl Read more...
The global alkoxide market is projected to have a compound annual growth rate of 4.92%, from US$2.180 billion in 2019 to US$3.051 billion in 2026. The market of alkoxide is expected to drive an increasing population, increasing demand in agricultural and pharmaceutical industries. The growth of the alkoxide market is expected to be restrained by fluctuating prices of the raw materials, the increasing cost of the manufacturing process of using skilled labor and processing equipment, and fluc Read more...
The United States multi-wall polycarbonate sheets market is projected to grow at a steady pace. The United States multi-wall polycarbonate sheets market is expected to grow due to the growing adoption of multi-wall polycarbonate sheets in various industries in the United States, especially the building and construction industry. Owing to the various advantages that multi-wall polycarbonate sheets provide over the glass, such as being stronger and more resistant to breakage, lightweight, time, an 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 green building materials market is expected to grow at a compound annual growth rate of 11.25% over the forecast period. The market is expected to be driven by the increase in residential housing construction, rising demand for energy-efficient buildings, and favourable government regulations and policies for green building houses and other structures. Moreover, with the aftershocks of the COVID-19 Pandemic, individuals have been taking effective measures to protect themselves fr Read more...
The global smart polymers market is expected to grow at a compound annual growth rate of 17.82% over the forecast period to reach a market size of US$5,290.684 million in 2026 from US$1,977.843 million in 2020. The market is expected to be driven by the surging use of smart polymers in the textile industry, for 3D printing applications, increasing healthcare and biomedical expenditure, the need for efficient delivery systems, and the development of thermo responsive polymers. The market is Read more...
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 market 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 construction Read more...
The sodium bicarbonate market is projected to grow at a CAGR of 4.95% to reach US$2.053 billion in 2026 from US$1.464 billion in 2019. Sodium bicarbonate is widely known as baking soda or sodium hydrogen carbonate. It is available in white crystalline powder or granules and is odorless and has a cooling and slightly salty taste. It is moderately soluble in the water. It is one of the key ingredients in bakery products and is widely used in many detergents and cleaning products. The growing Read more...
