The global syngas market is projected to grow at a CAGR of 10.48% during the forecast period of 2018 to 2024. Synthetic gas or “syngas” is a clean and incredibly versatile source of energy that is transformed into electricity, fuels, chemicals, and fertilizers. It is increasingly gaining traction in the market owing to burgeoning need for affordable energy sources that are also clean and efficient. Growing population across the globe is leading to increased energy demands that is boosting th Read more...
The bleaching agent market is projected to grow at a CAGR of 5.01% to reach US$1,023.627 million by 2024, from US$763.628 million in 2018. The bleaching agent is a material that lightens or whitens a substrate through a chemical reaction. In industrial bleaching, either liquid or dry chlorine bleaches are used because of their effectiveness, low cost, and germicidal properties. They are widely used in textiles, water treatment, and pulp and paper industry as they are cost effective. Increasing p Read more...
The photoresist chemicals market is projected to grow at a CAGR of 5.90% to reach US$5.078 billion by 2024, from US$3.600 billion in 2018. The photoresist is a light-sensitive material that is used in processes such as photolithography and photoengraving to form a pattern on the semiconductor material. They are widely used in microelectronics and microsystems technologies for the fabrication of microfabrication and sub-micron fabrication structures. Miniaturization of electronic products and ris Read more...
The organic acids market is projected to grow at a CAGR of 6.41% to reach US$21.524 billion by 2024, from US$14.827 billion in 2018. Organic acids are the compounds that posses acidic properties. Growing consumption of organic acids among different end-users is driving the market growth. These acids are widely used in food and beverage, healthcare, and textile industry as they are used as preservative, solvent, washing agent, pH buffers and quenchers. The market is expected to grow at a steady p Read more...
The Soy-based chemicals and materials market is projected to grow at a CAGR of 7.15% to reach US$XX.XXX billion in 2024 from US$21.770 billion in 2018. Soy-based chemicals and products are increasingly being utilized in many established commercial products such as bio plastics, biodiesels, cosmetics and etc. owing to the increasing establishment of biobased sources in the chemicals and materials industry. Advancing technology, growing environmental concern and steady shift from petrochemicals to Read more...
The global borosilicate glass market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and Read more...
The global aprotic solvents market is projected to grow at a CAGR of 3.57% to reach US$18.107 billion by 2023, from US$14.667 billion in 2017. Increasing consumption of Aprotic solvents in a number of industries such as oil and gas, chemical, electronics, and etc. is driving the global Aprotic solvents market growth. Growing pharmaceutical industry is one of the key drivers that are boosting the demand for Aprotic solvents. However, growing health concern regarding the use of toxic solvent and p Read more...
The film adhesives market is projected to grow at a CAGR of 4.95% to reach US$1.820 billion by 2024, from US$1.362 billion in 2018. Film adhesives consist of a thin layer of adhesive supported on a removable backing. These adhesives are high-performance bonding agents that are widely used in automotive, aerospace, and assembly industries. High performance, handling convenience, reduced material waste, customized width and thickness, and flame retardancy are the major factors that are boosting th Read more...
The ion exchange resins market is projected to grow at a CAGR of 3.22% to reach US$1,194.031 million by 2024, from US$987.212 million in 2018. Ion exchange resins are widely used in the water treatment process that includes water softening or dimeralization. They are also used to remove other substances from the water during processes such as dealkalization, deionization, and disinfection. The burgeoning population across the globe is leading to an increased demand for water among the populat Read more...
The Aramid Fiber market is projected to grow at a CAGR of 5.51% to reach US$4.718 billion by 2023, from US$3.419 billion in 2017. Aramid fiber is a class of strong synthetic fiber which is widely used for ballistic rated body armor fabric and composites. Growing demand for protective clothing in various industries like construction, aerospace, military is considered as the driving factor for the growth of the market. Increasing defense expenditure and rapid expansion of automotive industry is ex Read more...
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