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Showing posts from August, 2021

Recycled Metal Market Is Expected To Reach 1,042.3 Million Tons By 2025

  Synopsis: With reference to the report published by the experts the global Recycled Metal Market demand was projected at 787.5 million tons in 2018 and is expected to reach 1,042.3 million tons by 2025. It is estimated to develop by a CAGR of 4.1% during the period of forecast. The development of the recycled metal industry is motivated by growing importance for the secondary manufacture of metals due to conservational worries for example ingestion of energy and the discarding of the scrap material. The recycling of metal is a significant feature because metals can be recycled for a number of periods deprived of somewhat changes in their physical characteristics. Consequently, scrap metal owns most important importance for usage by way of a raw material for secondary manufacture. Classification: The global recycled metal market can be classified by Product and Region. By Product, it can be classified as Aluminum, Copper, and Steel. Request a Free Sample Copy of Recycled Metal Market

Silicone Sealants Market Will Rise Due To Growing Demand For Electric Vehicles

  Global Silicone Sealants Market is anticipated to reach USD 3.50 billion by 2024 due to its growing applications in construction, automotive and insulating glass industry by replacing several materials like sealants and organic adhesives. Silicone sealant is an adhesive available in liquid form (looks like gel). The adhesive maintains elasticity and stability in different temperatures. A silicone sealant can potentially resist moisture, chemicals which makes it ideal for multiple application in construction industry. The major factor driving silicone sealants market is the growing use of silicone sealants in composite joints that are progressively increasing its applications in industries like aerospace, consumer packaging and automotive. Moreover, economic growth and increase in spending power of consumers is encouraging the growth of silicone sealants industry. However, unstable prices of raw materials that drastically affect silicone sealants profit margins is predicted to hamper

Chelating Agents Market Research Report By Type, Application And Region To 2024

  Global   chelating agents market   is expected to reach USD 5.17 billion by 2024. Chelating agents are also termed as sequestering, chelants or chelators agents; which are chemical compounds that react with metal ions to form water-soluble, stable metal complexes. Its molecules may form several bonds to a single metal ion. It is exclusively used for corrosion control, in medicines, water treatment. The chelating agent market is estimated to grow at a significant CAGR of 3.1% 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 chelating agents market are rising awareness regarding water treatment, growing use of biodegradable chelating agents, and high demand from end users like cleaners & detergents. However, ecotoxicological risk regarding conventional chelating agents may restrain overall market growth in the years to come. Chelating agent market is segmented based on type,

Automotive Adhesive Tapes Market Value Chain Analysis and Growth Prospects

  Global Automotive Adhesive Tapes Market is anticipated to grow significantly in the forecast period owing to the rise in demand for the product. Automotive adhesive tapes are widely used in the automotive segment to assemble the components. These tapes provide structural strength that have the potential of replacing several mechanical fasteners. They shorten assembly time, exclude the need for surface refinishing, offer uniform thickness and gap filling characteristics and improve manufacturing flexibility. Automotive adhesive tape market is driven by increasing application in multiple areas of automobile manufacturing and rapid growth in the automobile industry. Moreover, automotive adhesive tapes are comparatively cheap than mechanical fasteners, which paves the market growth of automotive adhesive tapes. The market witnesses the trend of replacing mechanical fasteners with automotive adhesive tapes due to increase in demand for light-weight automobiles. However, growing concerns o

Fluorochemicals Market Will Be Increasing By A CAGR Of 10.2% In Future

  The global Fluorochemicals Market is expected to reach USD 31.21 billion by 2024. Growing setting up of HVAC arrangements in industrialized and automobile divisions is projected to increase use of refrigerants and accordingly expected to trigger the demand for fluorochemicals in the near future. The fluorochemicals industry is estimated to touch 5398.2 kilo tons by the completion of the prediction period, growing at a CAGR of 4.3% from 2014 to 2024. Growth in demand for cooling systems and refrigeration in housing and industrialized division owing to modifications in standard of living and progress in the necessity of refrigeration for the storing of foodstuff products will expand the scope of the fluorochemicals market. Greater confrontation to carbon-based acids, bases and dilutors, presented by fluorochemicals are projected to be critical for increasing demand in the applications such as building construction, electronics and automobile, above the prediction period. Yet, there is

Polyurethane Dispersion (PUD) Market Will Grow At CAGR Of 5.9% In The Forecast Period

  The global   Polyurethane Dispersion (PUD) Market   size is expected to value at USD 1.6 billion by 2022. The market is subject to witness a substantial growth due to the robust growth in various verticals such as buildings & construction industry, automotive sector, packaging industry, textile and leather industry. Rising demand for leather and textile products from Asia Pacific and North America region are expected to augment market demand for polyurethane dispersion (PUD) over the next seven years. Globally, the polyurethane dispersion (PUD) market is predicted to grow at CAGR of 5.9% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market. Rapid growth of automotive sector in the Asia Pacific and South-Central America region is one of the major contributing growth factor. Increase in manufacturing of vehicles owing to lower manufacturing cost are anticipated to fuel market demand for polyurethane dispers

Epoxy Resin Market Application Estimates & Trend Analysis to 2024

  Global Epoxy Resin Market is anticipated to grow considerably in the forecast period owing to the growing industrialization and the growing development in electronic and electrical equipment. Epoxy is a chemical known for its versatility. It is highly used in chemical compounds that has created a niche market for numerous industrial applications. Epoxy resins are used in decorative flooring, in fabric applications for surgical and dental treatments, printing inks, etc. Epoxy resins also have applications as additives for several plastic materials like acrylic & vinyl resins and synthetic &natural rubbers. Currently, epoxy resins are extensively used in numerous structural and engineering applications like electrical industry, commercial and military planes. To improve the performance of products and maintaining cost-efficiency, several new fillers are bring introduced into resins while processing. Epoxy resins have extensive applications as an insulation in electrical and ele