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...
The global lasers market is expected to grow at a compound annual growth rate of 8.28% over the forecast period. The market is expected to be driven by the growth of lasers in various applications such as military and defence, material processing, research and development, healthcare, and other industrial operations. Major companies have been investing significant capital in the enhancement of laser technology for different applications. The major advantage of the laser is that it provides 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 nano-composites market is was evaluated at US$1,916.727 million in 2020. The market is expected to be driven by the increasing use of nanocomposites industries such as packaging, aerospace, automotive, electronics, energy, and others. The major advantage of nanocomposites is that exhibit better mechanical properties, enhanced optical properties, high ductility without the loss of strength, and has a high surface & volume ratio. Read more...
The global liquid waste management market is expected to grow at a compound annual growth rate of 5.12% over the forecast period. The market would be driven by the surging number of waters borne diseases such as Malaria, Typhoid, diarrhoea, Cholera, and other related diseases, which causes safety concerns and increasing toxicity, among individuals. The market is also expected to be driven by the rising population, increasing urbanization, surging liquid waste from residential areas, industr 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 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...
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