North American ceramic coatings market is estimated to grow at a CAGR of around 6.4% during the forecast period. Favourable government schemes and increasing demand for passenger and commercial vehicles is primarily contributing to the growth of the market. As per the International Trade Administration, the automotive sector accounts for approximately 3% to 3.5% of […]
Category Archives: Chemical & Material
The global waterproofing membrane market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period. The growing concern for water management across the globe along with high demand for waterproofing membrane in this process is anticipated to drive the global waterproofing membrance market. With rising global temperature due to global warming, […]
The global waterproof coating market is anticipated to grow at a CAGR of 5.2% during the forecast period (2023-2030). Coating used to prevent the surface from water is referred to as the waterproof coating. An object coated with a waterproof coating remains modest by moisture and resists the penetration of water under certain conditions. Rising demand for […]
The global ceramic matrix composites (CMC) market is growing significantly attributed to its high toughness, high mechanical strength at high temperatures, low density, and high thermal stability. CMC are composite materials which consist of ceramic fibers embedded in a ceramic matrix that results in the formation of ceramic fiber-reinforced material. Under the process, the ceramic matrix is […]
The global water-based resins market is estimated to exhibit a modest CAGR during the forecast period. The increasing use of water-based resins such as polyurethane, epoxy, and, acrylic among others in a wide range of end-user industries including automotive, industrial machinery, medical, and others is one of the major factors to drive the growth of […]
The global polytetrafluoroethylene (PTFE) market is anticipated to grow at a CAGR of 4.8% during the forecast period. The increasing demand from the end-user industry and heat resistance and transparency of PTFE in comparison to other conventional polymer is a major factor to drive the growth of the global PTFE market. PTFE is a versatile […]
The global Oxo alcohols market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. Increasing demand for plasticizers will propel the market growth. Plasticizers are used as additives to enhance the product’s plasticity or cohesiveness. Most plasticizers are predominantly used to manufacture polyvinyl chloride products, which can be used in a variety […]
The global metalworking fluids market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period . China, India, and Brazil are expected to see massive investments in various sectors such as transportation, energy, construction, manufacturing and infrastructure. These sectors, in turn, will drive the demand for construction equipment parts, compressors, engines, and generators, […]
The global marine lubricants market is anticipated to grow at a CAGR of 1.2% during the forecast period. The rising cost of fuels and the implementation of stringent regulations by the IMO (International Maritime Organization) is likely to increase the consumption of global marine lubricants. Moreover, with augmented fuel prices, shippers are likely to operate engines at […]
The global biocomposites market is anticipated to grow at a considerable CAGR of 15.8% during the forecast period (2022-2028). The rising demand for biocomposites from automobile industry is expected to fuel the global biocomposites market. Biocomposites have various advantages for use in automobile applications. Composites are usually lightweight materials, due to which they diminish vehicle consumption and […]