Global ceramic fiber market is estimated to witness a CAGR of 7.10% to reach US$2.291 billion in 2024 from US$1.518 billion in 2018. Ceramic fiber or wool is known as a “refractory material” that has high resistant property. They are used in various applications which include petrochemical, ceramic, steel, power generation, glass and fire protectio Read more...
The global Molybdenum market is expected to witness a CAGR of 2.34% to reach US$5.069 billion in 2024, increasing from US$4.411 billion in 2018. Molybdenum is a refractory metal typically used in high-temperature applications. It is a silvery-white, very hard metal with a high melting point. They are widely used to produce steel alloys so as to inc Read more...
Global antioxidants market is projected to witness a CAGR of 6.04% to reach US$1,512.698 million in 2024 from US$1,063.860 million in 2018. Antioxidants are additives capable of delaying oxidation in food and other products, and therefore lengthening their shelf-life. They are widely used in food and beverages and animal feeds so as to preserve the Read more...
Global bio-based PET market is projected to witness a CAGR of 15.39% to grow to US$7,932.062 million in 2024 from US$3,359.899 million in 2018. Bio-based PET (Polyethylene Terephthalate) is a plastic based material which is made up from 30% renewable raw material and 70% oil-based raw material. Constant Innovation in PET has led to the development Read more...
Global polyols market is estimated to witness a CAGR of 7.20% over the forecast period to reach US$28.092 billion in 2024 from US$18.510 billion in 2018. Polyols are sugar alcohols because of their chemical structure resemblance with sugar and alcohol. They are increasingly used in a wide variety of applications from food additive to technical appl Read more...
Bio-based polyols are increasingly being used in replacement of existing petrochemical based polyols as they have similar structure and properties. Bio-based materials like soy-based polyols can offer many advantages over the conventional polyols in the regard of reduction in petroleum dependence, sustainability, and reduction in potential cost and Read more...
The global glycinates market is projected to grow at a CAGR of 4.96% during the forecast period, reaching a total market sizeof US$1,230.945 million in 2025 from US$920.443 million in 2019.Growing demand for supplements and cosmetics and personal care products is one of the major driving factors behind the growth of glycinates market. While rising demand for chelated minerals in food additives is also escalating the use of glycinates as additives across food application which, in turn, is pos Read more...
The global MDI based polyurethane market was valued at US$21.249 billion in 2018 and is estimated to grow at a substantial rate during the forecast period. Methylenediphenyl diisocyanate (MDI) is a chemical used in the production of polyurethanes for many applications. It is majorly used in the production of rigid polyurethane foam used for providi Read more...
The global calcium chloride market is projected to grow at a CAGR of 4.80% to reach US$1,635.344 million by 2024, from US$1,234.341 million in 2018. Calcium chloride is a versatile chemical that is utilized in many industries and applications that includes, de-icing, dust control, chemical heating, animal feed and tire weighting among others. The d Read more...
The global green cement market is expected to grow at a CAGR of 9.65% to reach a market size of US$35.680 billion in 2024 from US$20.535 billion in 2018. Green Cement or Concrete is a term given to a concrete that has had extra steps taken in the mix design and placement to insure a sustainable structure and a long-life cycle with a low maintenance surface. E.g. energy saving, CO2 emission, wastewater and etc. Burgeoning need to reduce carbon footprint from the environment is driving the glob Read more...
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