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Showing posts from May, 2021

Wax Market Report By Type, Application And Geography to 2025

  The global Wax Market is expected to expand at a substantial rate in the years to come. This could be credited to the fact application in adhesive industry is being driven by growing application in adhesive industry; which, in turn, is boosted by the ever-expanding automotive and construction industries all over the world. Candles and packaging are already the torchbearers in this regard. Natural wax does have a plethora of applications. However, increasing concerns regarding ecological imbalance has adversely affected the demand for petroleum wax. Plus, governments have come up with legislations against products derived from crude oil. “Medical & pharmaceutical” sector is amongst the fastest growing applications. This could be attributed to growth in geriatric population and medical tourism (in developed economies in particular). Request a Free Sample Copy of Wax Market Report @  https://www.millioninsights.com/industry-reports/wax-market/request-sample The market is segmented b

Breathable Film Market Is Owing To Ever Growing Requirement For Products

  Global breathable film market is estimated to grow significantly in the forecast period owing to the ever growing requirement for products like adult incontinence, sanitary napkins, etc. by consumers. Breathable films are made from highly filled polyethylene for disposable sanitary products that are used by chronically ill people or for the other medical uses. They are widely used in the making of surgical products, mattresses, pillow protectors, waterproof products, and for packaging. They possess properties like high adjustable breathability, superior performance even at high extrusion speed, exceptional mechanical strength, and offers optimal adhesion to non-fabrics and woven materials. Breathable films market is driven by expanding demand for hygiene consumer products. Breathable films are used in back-sheet materials that offer better skin breathability, comfort and reduce skin sores and rashes. Moreover, improving spending power of consumers and increasing awareness among consu

Carbon Fiber Reinforced Plastic (CFRP) Market Will Grow Due To Demand For High-Performance Products In Aerospace & Defense

  Global Carbon Fiber Reinforced Plastic (CFRP) Market is anticipated to witness an exponential growth in the forecast period. Carbon fiber reinforced plastic, also known as “Carbon Fiber Reinforced Polymer” or “Carbon Fiber Reinforced Thermoplastic” (CFRTP, CRP, CFRP carbon composite), is an extremely light and strong fiber-reinforced plastic containing carbon fibers. The factors that propel the growth of the carbon fiber reinforced plastic market include rise in demand for high-performance products in aerospace & defense, surge in demand for lightweight products in the automotive industry, developing infrastructure prospects, and rapid industrialization. On the other hand, there are factors that may hamper the growth of the market including long production cycles, volatile costs, and low availability of raw material. Carbon fiber reinforced plastic (CFRP) industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications

Automotive Textiles Market Trends, Analysis and Research Report Till 2024

  The global Automotive Textiles Market is expected to value at USD 31.75 billion by 2024. Automotive textiles industry is subject to witness a substantial growth due to the increasing demand for advanced safety features in both lightweight and heavyweight vehicles, and mandatory administrative regulations for incorporation of safety measures, majorly in the developed economies such as U.S. and the UK. Factors responsible for sustained market growth, in the recent years, include large number of production lines in automotive manufacturing from Asia Pacific region and rising number of vehicles sales each year across the globe. Additionally, increasing investment by leading industry players to promote adoption of automotive textiles is expected drive the growth of automotive textile market over the forecast period. Increasing vehicle manufacturing in Asia-Pacific region and growing penetration of automotive sector in both developing and developed economies are predicted to foster market

Electroactive Polymers Market Share, Size and Analysis Report

  Global   Electroactive Polymers Market   is expected to reach USD 6.38 billion by 2022. Electroactive polymers are also termed as EAPs. They are a type of elastomer that changes shape or size when stimulated by an electric field. Electronic EAPs comprise dielectric electroactive polymers (DEAPs) and electrostrictive elastomers. They act similar to biological muscle and mimic their mechanism. The electroactive polymer market is estimated to grow at a significant CAGR of 9.7% over the forecast period as the scope and its applications are rising enormously across the globe. The factors that are playing a major role in the growth of electroactive polymers market are rising use of electrostatic polymers in solar cells and increasing importance due to their piezoelectric, lightweight, and good dielectric properties. However, the impact of these polymers on the environment and strict government policy against use of these polymers are the factors that may restrain overall market growth in t

Refinery Catalyst Market Will Grow As Of Rise In Use Of Production Of Eco-Friendly Fuels

  The global Refinery Catalyst Market is projected to grow at a significant CAGR during the forecast period. With the current reforms in policies for Greenhouse Gases (GHG), in particular carbon dioxide, there has been a constant rise in demand for petrochemical products. The market witnesses a rise in use of production of eco-friendly fuels and highly purified petrochemicals enable the need for enhanced refinery in catalysts and processes. In the near future, there will be a strong need for catalytic materials for integration of catalysis and reaction engineering. Material segment for refinery catalyst market includes zeolites, metals and chemical compounds. Zeolites include synthetic zeolite and natural zeolite. Metals category include precious metals, transition and base metals, rare earth metals and chemical compounds. Request a Free Sample Copy of Refinery Catalyst Market Report @  https://www.millioninsights.com/industry-reports/refinery-catalysts-market/request-sample   The driv

Butane Market Players, Major Challenge and Report To 2025

  Global Butane Market is anticipated to grow significantly in the forecast period owing to the rise in demand for LPG (liquid petroleum gas) for wide range of applications. Butane is a flammable, colorless gas with petrol like smell. It is increasingly used as fuel additive or a solvent carrier and formulator. For non-fuel uses, butane is used for applications in aerosol coatings & sprays, paint dyes, insulating polyurethane, automotive spray waxes, etc. Butane is extremely easy to use as compared to other fuels. It offers low toxicity and burns cleaner than other fuels; it produces carbon dioxide and is energy efficient. It produces more energy than propane with the same volume used for burning. Butane market is majorly driven by increase in government initiatives to promote the use of LPG as a heating fuel especially in emerging regions of Africa and Asia Pacific due to the growing population. Moreover, the rise of natural gas vehicle is also influencing the butane industry. Pet

Aprotic Solvents Market Is Growing Due To Increase In Demand From Several End Use Industries

  Global Aprotic Solvents Market is estimated to grow significantly in the forecast period owing to the increase in demand from several end use industries and growing use of bio-based items. Aprotic solvents are the solvents, which are not capable of hydrogen bonding, for which they cannot be hydrogen bonds. Aprotic solvents usually have intermediate polarity and dielectric constants. Rising consumption of aprotic solvents among several other end use industries like oil & gas, petrochemicals, enhanced recycling technology, and growing demand for eco-friendly solution are majorly driving the growth of aprotic solvents market. Furthermore, improved features like low reactivity, high relative permittivity, thermal stability with the use of aprotic solvents in production of gas and oil refining are other boosting factors of aprotic solvents. However, increase in demand for non-toxic alternates to aprotic solvents, strict government regulations, flexible raw material cost and growing en

Base Oil Market Is Rising As Of Increasing Use Of Lubricants In The End-Use Industries

  Global Base Oil Market is anticipated to grow considerably in the forecast period owing to the increasing use of lubricants in the end-use industries like automotive and manufacturing. Base oils are essential element for any lubricant. The formulation goes under chemical synthesis or crude oil when heat is applied. During the heating process, heavy or light hydrocarbons are separated. Petrol and other fuels contain light hydrocarbon and base oil is made from heavy hydrocarbons. It is ideal for making gear oil, hydraulic oil, and premium engine oil. Base oils have application in manufacturing industrial products along with motor oil, lubricating greases and metal processing fluids. They act as foundation of the lubricant, before blending it with a thickener or an additive in case of grease. Base oils are classified by the constituent base material, synthetic, vegetable and mineral. Their characteristics determine their holding capacity against numerous lubrication challenges. Major pr

Soda Ash Market Will Grow At A Significant CAGR Of 2.9% Over The Forecast Period

  Global Soda Ash Market is expected to reach USD 25.37 billion by 2024. Soda Ash is also termed as sodium carbonate (Na2CO3), soda crystals, or washing soda. It is an alkali chemical polished from the naturally occurring sodium carbonate-bearing brines or mineral trona. It is mainly used as a commercial neutralizing agent. It is anhydrous, white, granular or powdered material exclusively used in manufacturing of detergent chemicals, glass, and others. The Soda Ash Market is estimated to grow at a significant CAGR of 2.9% over the forecast period as the scope and its applications are rising enormously across the globe. Growing demand for synthetic and natural products from manufacturers, increasing demand for detergent and soap industry in developing countries, development of chemical industry in developing countries, and high demand from construction & building and automotive industries are documented as major factors of Soda Ash Market that are estimated to enhance the growth in