The global cresol market is valued at US$643.780 million in 2019 and is anticipated to grow steadily during the forecast period.Cresol, a hydroxytoluene is extracted either naturally from coal tar or is made synthetically. The chemical is available in the form of ortho, meta, and para cresols to be utilized in many end-user industry verticals. Many are utilized in the form of intermediates to various other compounds such as plastics, pesticides, and disinfectants among others. The use of agroc 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 global Oxo chemical market was valued at US$15.063 billion in 2018 and is expected to grow at a CAGR of 5.01% over the forecast period to reach a total market size of US$20.195 billion in 2024. Oxo chemicals are the intermediate and derivative chemical compounds that are used widely in the chemical and manufacturing processes of paints, plasticizers, coatings, adhesives, and lubricants. The growth of this market is being driven by the rapid growth of industries like chemical and oil and ga 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 refining catalysts market is anticipated to grow at a CAGR of 3.01% in order to attain a market size of US$4.037 billion by 2025, from US$3.379 billion in 2019.Stringent emission control regulations and an increase in the usage of petroleum derivatives are driving the market for refining catalysts. The growing investments in refineries coupled with the augmenting demand for transportation fuel are boosting the growth of the global refining catalysts market during the forecast period. The i Read more...
The UV curing system market is anticipated to grow at a CAGR of 8.93% in order to attain a market size of US$2,277.562 million by 2025, from US$1,363.280 million in 2019.UV curing systems is a photochemical process in which high-intensity ultraviolet light is used to instantly cure or dry inks, adhesives or coatings. UV curable ink is an alternative to solvent-based products. The conventional process shrinks the initial application by more than 50% and creates environmental pollutants, whereas Read more...
The global UV disinfection system market was valued at US$4.447 billion in 2018 and is expected to grow at a CAGR of 2.57% over the forecast period to reach a total market size of US$5.179 billion by 2024. DNA is the part of the cell that gives an organism its instructions on how to function and reproduce. Ultraviolet light mutates and/or degrades DNA. UV disinfection systems are used in industries like water & wastewater treatment, process water treatment, air, and surface disinfection. I Read more...
The construction films market is expected to surge at a CAGR of 4.74% to achieve a market size of US$17.383 billion by 2025, from US$13.166 billion in 2019.Construction film is a general-purpose polymer film widely used in construction projects. Construction films are utilized for covering, for example, in the form of dust covers or privacy protection on the construction spots. These are further used as moisture barriers, underlying film for scaffolding, water barrier below the concrete floor, Read more...
The concrete surface retarders market is estimated to foresee a significant growth with a CAGR of 4.93%, and is anticipated to attain a market size of US$942.172 million in 2025 from US$705.882 million in 2019.A ‘retarder’ is a chemical agent that is used for slowing down a chemical reaction. Retarders are used to prolong the hardening of materials such as wallboard, concrete, and adhesives. Therefore, concrete surface retarders are chemical formulations which impede the mortar at Read more...
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