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Showing posts from September, 2022

Wood Plastic Composites Market by Global Demand, Trends, Applications & Sales by 2032

  The   wood plastic composites market   is forecasted to flourish at a CAGR of 11.3% and reach a valuation of USD 16.06 Bn by 2032, while it holds a revenue of USD 6.38 Bn in 2022. Growing construction and repairing activities in the areas with dilapidated buildings are fueling the sales of wood-plastic composites, though the covid-19 has damaged the supply chain and distribution channel, limiting the growth of wood plastic composites market. Wood plastic composite with its lower melting temperature, unlike the other conventional wood products is expected to grow at a decent rate over the forecast period. Its lower cost and energy-efficient structure attracts a lot of end-users, fueling the sales of wood plastic composites. Expanding wood-plastic composites market size can be attributed to its nature-friendly feature because of which it is used in planned cities to keep the environment healthy and the habitat more natural. This not only increases the sales of wood plasti...

Carbon Nanotubes Market by Size, Share and Demand

 Carbon Nanotubes Market forecasted to registering 9.5% CAGR during the forecast period (2022-2032) & to reach US$ 2,215.5 Million by 2032. Carbon nanotubes are used in these polymers as strength and weight enhancers which in turn boosts the demand for polymers as reinforcing material. Governments are investing time and money to promote the application of  carbon nanotubes  at the domestic level which is generating new opportunities for the manufacturers. Moreover, its adoption is surging with new wind energy generation projects. High demand for polymers in the electronics and electrical industry also accounts for market growth. Polymers will continue their market lead as end-user on the back of high demand for engineered plastics across major end-use industries. On a different front, chemical vapor deposition method for production will gain preference over other alternatives by 2030. Global Carbon Nanotubes Market – Competition Landscape The market players are i...

Glycol Ethers Market Size, Share, Growth

  The   glycol ethers market   is expected to escalate at a CAGR of 5.0% from USD 7.3 Billion in 2022 to USD 11.9 Billion through 2032. High demand for water-soluble active ingredients is projected to drive glycol ethers market expansion in end-use sectors such as printing and personal care. The increasing adoption of glycol ethers as a coalescing agent in water-based coatings has been a major driver of growth in the printing and personal care industries. The global glycol ethers market is predicted to increase due to rising demand for glycol ethers in the personal care, cleansers, paints & coatings, pharmaceutical, and printing industries over the forecast period. It is widely utilized in the formulation of skin and hair products, shampoos, personal hygiene products, and bath products in personal care and cosmetics. Furthermore, rising demand for printing inks as a result of increased economic growth is likely to propel the glycol ethers market size, as these are emp...

Concrete Admixture Market Size, Share, Growth and Demand

  The global   concrete admixture market   is anticipated to expand at a robust CAGR of   6.1%   over the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent study. The concrete admixture market is likely to be driven by its widespread use in various construction activities to enhance concrete efficiency. The concrete admixture market is significantly driven by certain demographic and macro-economic factors, including urbanization, economic development, construction works, and infrastructure sector development. Concrete admixtures also help in reducing water use and enhancing efficiency, especially during the construction of high rise buildings. Urgent need for water conservation is driving demand for water-reducing admixtures, which is further bolstering the global concrete admixture market. A water-reducing admixture can lower the water content of concrete mix by 15% — 30%. The market for concrete admixtures is thus set to be ...

Precast Concrete Market by Global Demand, Trends, Applications & Sales by 2030

Surge in offsite construction activities to reduce material wastage and achieve cost efficiency continues to primarily drive the  demand for precast concrete . Infrastructure development in emerging countries such as India, Indonesia, China, and Brazil provides a strong impetus to the demand for precast concrete. There is a global shift among building & construction methods as precast concrete manufacturers innovate production techniques. The reusability of molds, when coupled with advancements in material science, forms a profitable basis for market players to garner customers. Increasing preference for precast concrete products on the back of superior quality, enhanced structural integrity, and cost efficiency continues to drive gainful opportunities for market players. Major organizations are innovating advanced concrete materials to differentiate their product offerings and capture a larger market share. Potential Impact of COVID-19 Pandemic Until the novel cor...

Liquid Silicone Rubber Market Outlook, Current and Future Industry Landscape Analysis by 2026

  Future Market Insights estimates that by the end of 2026, the global market for liquid silicone rubber will touch a valuation of US$ 7.88 billion. Industrial Grade Liquid Silicone Rubber to Reflect Global Market Value Share of 45% through 2026 The study foresees a moderate growth for the expansion of global liquid silicone rubber market during the period, 2022–2026. It has been estimated that the global  liquid silicone rubber market  will register a value CAGR of 4.6% over the forecast period. High carbon footprint of producing liquid silicone rubber at large scale, limitations to the reuse and recyclability of such elastomers and disposability challenges are set to deter the use of liquid silicone rubbers in the near future. Molding capabilities of liquid silicone rubbers will drive their use across several industrial applications. It has been observed that industrial grade liquid silicone rubber will showcase robust growth in demand in the coming years. Through 2026,...

Wind Power Coatings Market by Global Demand, Trends, Applications & Sales by 2032

  The global   wind power coatings market   is estimated to expand a10.1% CAGR over the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis. Increasing focus on alternate sources of energy has led to surge in wind turbine installation worldwide. This has in turn created conducive environment for sales of wind power coatings. The installation of wind turbines has risen in tandem with the demand for cleaner energy sources. Application of wind power coatings is the essential step within wind turbine manufacturing. Besides protecting such a large and costly structure, wind power coatings also ascertain longer life span of wind turbines protecting them from corrosion, erosion, and wear and tear. However, application of wind power coatings require skilled labor and advance equipment. Unavailability of the same could hamper growth of the market. “In order to gain competitive edge, the market players are eyeing at strategic collab...

Precast Concrete Market by Global Demand, Trends, Applications & Sales by 2030

  Surge in offsite construction activities to reduce material wastage and achieve cost efficiency continues to primarily drive the   demand for precast concrete . Infrastructure development in emerging countries such as India, Indonesia, China, and Brazil provides a strong impetus to the demand for precast concrete. There is a global shift among building & construction methods as precast concrete manufacturers innovate production techniques. The reusability of molds, when coupled with advancements in material science, forms a profitable basis for market players to garner customers. Increasing preference for precast concrete products on the back of superior quality, enhanced structural integrity, and cost efficiency continues to drive gainful opportunities for market players. Major organizations are innovating advanced concrete materials to differentiate their product offerings and capture a larger market share. Potential Impact of COVID-19 Pandemic Until the novel coronavi...

Ceiling Tiles Market by Global Demand, Trends, Applications & Sales by 2031

  The global   ceiling tiles market   will witness stellar growth at 10% CAGR over the forecast period (2021–2031). High net worth income of consumers in developed economies, along with spurring renovation activities, would contribute substantially to overall market performance, projects a new Future Market Insights (FMI) study. Sales of ceiling tiles are projected to inflate at an unprecedented rate on the back of soaring demand from building & construction industry. A major trend gripping the ceiling tiles landscape is the drive towards attaining sustainability in construction. The advent of green buildings is a notable development in this regard, with key players emphasizing on attributes including sustainably sourced raw material as well as using recycled substances to manufacture their products. For instance, Celiume Tiles use 75% less raw material during the manufacturing process, and produces 98% post-industrial recycled tiles. “Consumers have greater predilect...

Liquid Silicone Rubber Market Demand, Trends, Applications, Sales by 2026

The study foresees a moderate growth for the expansion of global liquid silicone rubber market during the period, 2022–2026. It has been estimated that the global liquid silicone rubber market will register a value CAGR of 4.6% over the forecast period. High carbon footprint of producing liquid silicone rubber at large scale, limitations to the reuse and recyclability of such elastomers and disposability challenges are set to deter the use of liquid silicone rubbers in the near future. Future Market Insights estimates that by the end of 2026, the global market for liquid silicone rubber will touch a valuation of US$ 7.88 billion. Industrial Grade Liquid Silicone Rubber to Reflect Global Market Value Share of 45% through 2026 As molding processes gain grounds in the manufacturing sector, injection materials such as liquid silicone rubber are witnessing a sharp increase in terms of demand. Versatile characteristics and unique properties of liquid silicone rubber is driving its value in t...

Bio-plastics Market Outlook, Current and Future Industry Landscape Analysis

  A growing beverage packaging industry, government support for adopting bio-based materials, and rising consumer acceptance for bio-plastics are expected to contribute to the growth of the global bio-plastic market over the forecast period. Future Market Insights (FMI), in its latest report titled, “ Bio-plastics Market : Global Industry Analysis and Opportunity Assessment ”, estimates that the global bio-plastics market is expected to account for US$ 43.8 Bn by 2020, registering a CAGR of 28.8% during the forecast period. Key players in the global bio-plastics market are BASF SE Arkema, DSM NV I. du Pont de Nemours and Company Evonik Industries NaturePlast NatureWorks LLC RTP Company Techno polymer Co. Ltd. Toray Industries Inc. Assessing the various factors driving this market, a FMI lead analyst, said, “ Increasing consumer awareness regarding benefits of greener products, strict regulations to incorporate bio-based products in automotive & packaging, and increasing investm...

Paint Additives Market sales outlook, demand forecast & up-to-date key trends

  A latest research by Future Market Insights (FMI) projects the global market for paint additives to exhibit a moderate 4.8% CAGR during the forecast period 2017 to 2022. Revenues from the global paint additives market will reach nearly US$ 9,000 Mn by 2022-end. A number of domestic vendors have been observed to enter the market, influenced by rapid growth in urbanisation and industrialization in emerging economies. The global market for   paint additives   is highly fragmented, with presence of several regional and international players. These vendors are competing on the basis of innovation, product quality, price, operation cost, and economies of scale for strengthening their position in the market. Architectural Sector to Remain Dominant End-users of Paint Additives Architectural sector is the major end-user of paint additives and will continue to dominate the market, in terms of revenues. Rising construction of residential and commercial buildings, especially in eme...

Renewable Methanol Market Potential Growth, Size, Share, Demand and Analysis by 2026

 Renewable Methanol Market Potential Growth, Size, Share, Demand and Analysis by 2026 According to the report, global sales of renewable methanol is estimated to be valued at US$ 133.3 Mn by the end of 2016, witnessing a Y-o-Y growth of 5.2% over 2015. Future Market Insights delivers key insights on the global renewable methanol market in its latest report titled “Renewable Methanol Market: Global Industry Analysis and Opportunity Assessment”. Renewable methanol is a second generation biofuel and is derived from renewable sources such as biomass, industrial waste, municipal waste, and industrial CO2. Renewable methanol is used as a transportation fuel after blending it with other chemicals. The main reason for the rise in demand for renewable methanol as a fuel is the implementation of regulations especially in Europe and North America that over 10% of the transport fuel should come from renewable sources by the end of 2020. Renewable methanol that is produced through the gasificat...