Chemical and Power Industry Trends

Why Is Electronics Sector Utilizing UV-Curable Resins?

The rising environmental concerns have led to the burgeoning demand for eco-friendly industrial coatings. Due to this, the application of ultraviolet (UV)-curable resins has increased in the automobile, electronics, industrial, and construction sectors. Unlike traditional coatings, adhesives, and inks, products made from UV-curable resins do not release...
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Why Are Nanochemicals Important in Biotechnology Sector?

Due to the increasing per capita income, which, according to the World Bank, rose to $9,290.331 in 2018 from $7,180.0791 in 2009 across the world, people are spending on luxury items, such as laptops, desktop computers, tablets, smartphones, videogame consoles, and digital cameras....
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Sales of Fire Resistant Fabrics Predicted to Shoot-Up in Asia-Pacific in Future

Fire-resistant fabrics are basically substances that are highly flame retardant, on account of their chemical composition. There are mainly two types of fire-resistant fabrics used across the world namely inherent and fire-retardant treated (FRT). The utilization of various...
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Sales of Wind Turbine Composite Materials Set to Soar in Coming Years

Due to the rising enactment of stringent environmental regulations and policies, the adoption of renewable energy sources is increasing rapidly across the world. Globally, various organizations are formulating stringent standards aimed at mitigating the emission of greenhouse...
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Which Properties of Liquid Crystal Polymer Make It Conducive for Electronic Products?

For the production of consumer electronic devices, such as smartphones, light-emitting diode (LED) televisions, microwaves, computers, and smart watches, high-volume of liquid crystal polymers (LCPs) is used, on account of their electrical and mechanical properties. Due to the...
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Why Is Cinnamaldehyde Used in Cosmetics and Personal Care Products?

Due to constant urbanization and industrialization, developing countries are witnessing economic growth. This is leading to a rise in the disposable income of people, which is permitting them to spend on luxury goods, such as personal care products. As a result, sales of essential...
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Biodegradable Mulch Film: Eco-Friendly Alternative to Conventional Mulch Film

The implementation of favorable government regulations regarding organic mulching in several countries is propelling the global demand for biodegradable mulch film. According to the standards set for degradation to compost (ISO 17088, ASTM D6400), as much as 90% of the organic...
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Huge Jump Expected in Extrusion Coating Sales in Coming Years

The expansion of the food and beverage industry is one of the major factors pushing up the requirement for extrusion coatings across the world. Due to the surging population of geriatric people, the increasing disposable income of people, and the rising public awareness about...
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Why is Global Demand for Alpha Olefins Skyrocketing?

Due to the rising usage of polyolefin comonomers in the production of various specialty chemicals, the demand for alpha olefins is growing rapidly across the world. This compound is extensively used as a raw material in the production of oilfield chemicals, plasticizers, lubricants,...
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Why Are Industries Rapidly Installing Control Valves?

Anywhere there are pipes, there will be control valves to increase or decrease the flow of the liquid or gas being transported. Thus, in essence, a simple domestic-use water tap is a control valve, since it regulates the flow of water. However, industries utilize specialized...
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Flocculants and Coagulants Improving Wastewater Treatment Processes

The flocculants and coagulants market will increase from $10,270.2 million in 2017 to $14,225.3 million by 2023. Population growth leads to rapid urbanization and industrialization, which generate pollutants that contaminate water. This causes several waterborne diseases, which...
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Why is Popularity of 3D Printing Filaments Growing in Manufacturing Sector?

With the increasing requirement for the mass customization of various products, the global 3D printing filaments market size is expected to witness a monumental 26.8% rise in its revenue during 2020 and 2030. At this CAGR, the market will grow from $693.1 million in 2019 to...
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Volatile Organic Compound (VOC) Awareness Driving Demand for Acrylic Products

With the global population set to touch 10.9 billion by 2100, as per the United Nations (UN), construction is in full swing. Governments, as well as private companies, are pouring millions to build houses, road, air, and rail networks, commercial spaces, and factories. This...
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Demand for Bromine Highest in Asia-Pacific

Mercury emissions across the globe have been increasing rapidly across the globe, the major reason for which is the surging utilization of fossil fuels for generating energy. While mercury occurs naturally on earth, it is harmful to human health, particularly to children and...
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Polyester Hot Melt Adhesives Market Predicted to Boom in Asia-Pacific in Future

The global polyester hot melt adhesives market reached a valuation of $473,057.2 thousand in 2019 and is predicted to generate a revenue of $717,152.6 thousand by 2030. According to the market research firm, P&S Intelligence, the market will exhibit a CAGR of 5.3% between...
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Global Sorbic Acid Market is Projected to Witness 4.7% CAGR During 2020-2030

Economic growth is leading to the increasing spending power of people, which is driving a shift in worldwide food consumption patterns. As a result, the sale of cheeses, wines, fresh produce, baked products, and refrigerated meats is rising. This is why the global sorbic acid...
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Demand for Consumer Goods Fueling Pressure Sensitive Adhesives Market Growth

The pressure sensitive adhesives market is projected to register a CAGR of 4.0% during the forecast period (2019–2024). At this rate, the revenue generated by the industry players will increase from $7,414.0 million in 2018 to $9,351.8 million in 2024. This is because manufacturers...
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Application of Corrugated Packaging Material Widening in End-Use Industries

Factors such as a shift toward online shopping, expansion of e-commerce and courier service sectors, and rapid urbanization will accelerate the growth of the corrugated packaging market, at 3.7% CAGR, during the forecast period. Additionally, increasing preference for sustainable...
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Booming Construction Industry Fueling Sales of Construction Glass

With the expansion of the construction industry, the demand for construction glass is growing rapidly across the globe. Construction glass is increasingly being used as a substitute in most of the construction materials such as wood, polycarbonate, and bricks. This is because...
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How Is Increasing Solar Power Capacity Driving Demand for Conductive Polymers?

“Power generation from solar PV is estimated to have increased by 22% in 2019, to 720 TWh.”, the International Energy Agency (IEA) says. Moreover, in 2019, solar power became the third-leading renewable source of electricity after hydropower and onshore wind power, overtaking...
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UV-Cured Digital Inks: Environmentally Viable

Digital inks are utilized to print digital images on packaging materials, newspapers, textiles, and industrial products. In recent years, the application of these inks has increased significantly, as these inks take less time for on-demand printing, thereby, reducing the cost...
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Global Electroceramics Market Share, Leading Players and Future Analysis

The electroceramics market size is expected to display a CAGR of 5.9% during 2018–2023. At this rate, the size of the market is projected to increase from $8,590.9 million in 2017 to $12,084.4 million by 2023.The growth of the market can be attributed to the developments in...
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North America To Have Most Net Zero Energy Buildings in Future

The global net-zero energy buildings market is set to grow to $2,106.6 million by 2024 from $896.6 million in 2018, at a substantial CAGR, of 15.6%, between 2019 and 2024. There are two major ideas central to NZEBs: one, they must consume as little electricity as possible, and...
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Boom Expected in Global Low Strength Proppants Market During 2020—2030

The increasing technological investments being made in the various Asia-Pacific and North American countries for encouraging the exploration of oil and gas reserves are massively boosting the growth of the low strength proppants market across the world. In addition to this,...
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