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Industrial hemp is a species of Cannabis Sativa plant which is specifically grown for producing various industrial and consumer products. The market is expected to grow due to its increasing application in the various industries such as textile, food and beverages, personal care and biocomposites. The rise in awareness about health benefits by consumption of hemp in consumers is assumed to drive the market. Increase in demand for lightweight automotive material in biocomposites is creating new o
Mexico marble market is expected to have a significant market growth during the forecast period. Mexico imports marble especially finished marble, the rate of which is increased over the years. It also exports a significant amount of marble mainly to the US and Canada due to the NAFTA agreement. The market growth is driven by increasing demand for marble in the construction industry due to its aesthetic value. The construction industry is growing at a significant rate in Mexico along with the gr
Silicone Structural Glazing is a method that utilizes silicone adhesive to attach glass, metal or other panel material to the structure of a building. Wind load and other impact loads on the façade are transferred from the panel through the silicone sealant to the structure of the building. The market for silicone structural glazing is expected to have a significant growth in the forecast period driven by growth in construction of commercial, public and residential buildings. Advancement in glas
Perlite is a naturally occurring, amorphous, volcanic glass typically formed by hydration of obsidian. It has some unique properties such as its capacity to expand when heated, lightweight cellular structure, excellent thermal insulation properties, high strength, resistance to water penetration and non-flammable features. The perlite market is expected to have a significant growth driven by its increasing demand for various industrial applications. The increasing use of perlite in the construct
The LED horticulture 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.As per horticulture research, radiation at some relatively narrow spectral bands drives photosynthesis process by optimising chlorophyll absorption. As scientists continue to match monochromatic spectrum to different plants and stages of growth, LED manufactures are tapping into the rapidly growing horticulture lighting market. Use of LEDs to grow herbs, fruits,
Marble is a metamorphic rock which has a bright white colour and lustrous finish. It is used widely used for decorative purpose. It is obtained by open pit mining and quarrying in various marble deposits across the world. The global marble market is expected to have a significant growth driven by the extensive use of marble in the construction industry due to its aesthetic value. Marble in ground form also has several applications. It is used as a soil enhancer, as a calcium supplement in animal
Building Panels are used to build to external and internal features of a building mainly to provide insulation. Besides reducing temperature fluctuations within the building, it provides several added advantages as it results in swifter construction, are aesthetically pleasing and have low maintenance requirement. These panels of different material types and sizes are used according to the requirement. The market for building panels is expected to grow at a significant rate driven by the growth
Aluminum Composite Panel is a flat panel made with two aluminum alloy sheets with a non-aluminum core in order to form a composite. It is used in the construction industry for cladding and insulation in buildings and signage. The market for the aluminum composite panel is expected to have a significant market growth driven by its increasing applications in the construction industry because of its favourable features such as high insulation, lower thickness, superior sealing, excellent air and wa
Mobile Food Service involves selling of prepared meals and snacks for immediate consumption from motorized and non-motorized vehicles such as food trucks and ice-cream trucks. The mobile food services market is expected to have a significant growth rate driven by increasing demand for convenience food. The several advantages of mobile food service outlets over brick and mortar shops, such as lesser initial capital investment and the flexibility of reaching a wider range of customers, is projecte
The Global 3D NAND Flash Market was valued at US$XX billion in 2017 and is projected to expand at a CAGR of XX.XX% over the forecast period to reach US$XX billion by 2023. 3D NAND Flash is a type of flash memory in which the memory cells are stacked vertically in multiple layers in order to provide a higher capacity/volume ratio in a smaller physical space. It possesses the characteristic of retaining data without power supply. It offers numerous advantages like – more scalability, en
Smart homes are residences equipped with high-end computational and operational network that automatically operates, interacts with and responds to the needs of its residents. This impacts the occupants’ luxury and convenience. Other major purposes that are solved by smart homes are enhancing security measures, providing energy efficiency as well as providing timely entertainment. The global smart homes market is expected to grow at a CAGR of 17.86% reaching US$124.596 billion in 202
The 3D printing market was valued at US$5.933 billion in 2017 and is projected to grow at a CAGR of 30.20% over the forecast period to reach US$22.200 billion by 2022. 3D printing is a process of making three dimensional solid objects from a digital file using a 3D printer. The rapid growth of industries like consumer electronics, healthcare and automotive among others and increasing focus of industry players towards re