Global phycocyanin market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand for natural blue food colourants across industries such as food and beverages, cosmetics, and pharmaceuticals. Phycocyanin, derived from blue-green algae like spirulina, is sought after for […]
Category Archives: Chemical & Material
The global pure monomer resins market is anticipated to grow at a CAGR of 9.1% during the forecast period (2024-2031). Significant factors that drive the demand for pure monomer resins in adhesive production include offering enhanced performance characteristics, such as superior adhesion, cohesion, flexibility, and customization of adhesive formulations. Additionally, increasing the use of pure monomer resins […]
The global Multifunctional Resins market is expected to grow at a compound annual growth rate (CAGR) of 5.6% during the forecast period (2024-2031). The growing adoption of composites is significantly impacting the growth of the multiple resins market. Composites, which are materials composed of two or more distinct phases, offer a unique combination of properties, including high […]
The epoxy resins market is anticipated to grow at a CAGR of 6.8% during the forecast period. Epoxy resins are widely accepted owing to their properties such as sleek appearance, durable quality, and great protection for the variety of applications. Additionally, a number of industries are now preferring to use epoxy resins as an adhesive […]
Global dimer acid-based (DAB) polyamide resin market is anticipated to grow at a CAGR of 8.7% during the forecast period (2024-2031). The market growth is attributed to the increasing advancement of DAB resin formulations such as the development of low-volatile organic compound (VOC) formulations, increasing enhanced adhesion to various substrates, including metals, plastics, and composites, thermal stability […]
Global cyanate ester resin market is anticipated to grow at a significant CAGR of 11.2% during the forecast period (2024-2031).A major factor supporting the growth of the market is the increased use of these resins due to their exceptional strength-to-weight ratio and superior dielectric properties, making them ideal for aircraft structures, missiles, and spacecraft, as well as […]
The global aluminum hydroxide market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2024-2031). The market growth is attributed to the increasing adoption of aluminum hydroxide across various industrial verticals, such as pharmaceuticals, chemical, manufacturing, automotive, electronics, and transportation, owing to the increasing demand for fire retardants in plastics and polymers […]
Aluminum casting market is anticipated to grow at a CAGR of 7.5% during the forecast period (2024-2031). Aluminum castings are widely used in the automotive sector for producing various automotive parts of different shapes. Aluminum die castings are used in producing alloy wheels, body frames, pistons, engine blocks, valve covers, carburetors, fan clutches, and others. […]
Aluminum beverage cans market is anticipated to grow at a CAGR of 4.9% during the forecast period. The primary factor propelling the growth of the market includes the rising demand for environment-friendly packaging. Aluminum is an abundant mineral that is 100% recyclable and sustainable, thus widely being adopted as an eco-friendly option. As a result […]
Global tow prepreg market is anticipated to grow at a CAGR of 12.5% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing versatility of tow prepreg across various sectors is driving the global market’s expansion. This composite material, typically made from carbon fibers pre-impregnated with resin, offers a compelling […]