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 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 agro 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 g 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 Read more...
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