Growing Demand for Electronics Goods Powering Demand for Mold Release Agents in India

The rapidly growing construction sector in India is causing a massive surge in the sales of mold release agents, mainly because of their extensive usage in various concrete brick formations. Due to the rising government initiatives and the soaring investments being made in this...

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Revenue Explosion Expected in Global Graphene Market From 2020 to 2030

The global market for graphene had a valuation of $87.5 million in 2019 and it is predicted to generate a revenue of $646.8 million by 2030. Furthermore, the market will advance at a CAGR of 20.2% from 2020 to 2030, as per the forecast of the market research firm, P&S Intelligence....

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Increasing Area for Organic farming Driving Organic Fertilizers Industry

The organic fertilizers market stood at $4,512.1 million in 2019 and it is expected to reach $14,746.2 million by 2030, accelerating at a CAGR of 14.1% during the forecast period. The market growth will depend on factors such as rising acreage and units of organically farmed...

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Why Is Usage of Acetic Anhydride Rising in Tobacco Industry?

Acetic anhydride is mostly used as a synthesizer in the production of medicated drugs. The requirement for medicated drugs is exponentially increasing, due to the rapid surge in the geriatric population. Old people need aspirin, sulfa drugs, paracetamol, triacetin, acetaminophen,...

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Applications of Levulinic Acid Derivatives

The growing applications of levulinic acid derivatives, such as hydroxymethylfurfural (HMF), diphenolic acid, sodium levulinate, ethyl levulinate, methyltetrahydrofuran (MTHF), and succinic acid, as additives in food and beverages, fuel, and personal care products will accelerate...

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Surge in Packaging Industry Fueling Demand for Corrugated Boxes

With the expansion of the packaging industry, the demand for corrugated boxes is growing rapidly across the world. As per Interpack Emerging Market Outlook, the valuation of the global packaging industry was $839 billion in 2015. The ballooning requirement for manufactured goods...

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Metal Finishing Equipment Industry Set to Prosper in Asia-Pacific in Coming Years

The global metal finishing equipment market was valued at $13,845.6 million in 2019. According to the forecast of P&S Intelligence, a market research company based in India, the market will generate a revenue of $19,554.7 million by 2030. Furthermore, the market is predicted...

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Why is Demand for Benzalkonium Chloride Soaring Globally?

The rapid expansion of the pharmaceutical industry is massively augmenting the demand for benzalkonium chloride across the world. This is because this compound is heavily used in the pharmaceutical industry, because of its ability to be used as a disinfectant, antiseptic, solubilizing...

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How Is Automotive Sector Driving Polymer Market Growth?

Factors such as the increasing replacement of conventional materials in the automotive sector, rising usage of smart polymers in the healthcare sector, and surging demand for polymers in the packaging and electronics sectors are expected to drive the growth of the polymer market...

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Why is Popularity of Artificial Lifting Surging in North America?

The surging number of mature oil & gas fields is one of the major factors responsible for the growing worldwide demand for artificial lift. According to reports, mature oil fields that are over 30 years old account for more than 70% of the total oil produced globally. Moreover,...

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Demand for Solar Micro Inverters Set to Surge in Asia-Pacific in Future

With the fall in the prices of micro inverters and the implementation of government initiatives, the demand for photovoltaic (PV) installations is growing rapidly across the globe. This is because of their excellent cost-effectiveness, safety features, and optimal performance....

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Why Is Virtual Power Plant Development Booming in APAC?

A virtual power plant is a centralized control system that is connected to power generating and transmitting units. Owing to the connection to such units, VPP requires lesser capital and can integrate several distributed energy resources. Due to low capital investments, power...

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Why Are Nanoporous Materials Used for Food Safety?

Nanoporous materials include a regular organic or inorganic framework that support a regular porous structure. The size of these pores is nearly 100 nanometers (nm) or smaller. Most of these materials are available as membranes or bulky materials. These materials have excellent...

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Demand for Waterproofing Chemicals Set to Soar in Future

With the expansion of the manufacturing and construction industries, on account of the implementation of favorable policies such as ‘Zero Effect and Zero Defect’ by the governments of several countries, the demand for waterproofing chemicals is surging sharply across the world....

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Demand for Ammonium Phosphate Booming in Asia-Pacific

Ammonium phosphate is primarily used as a source for phosphorous and nitrogen for ensuring the proper growth of crops. It helps in delivering phosphorous and nitrogen nutrients to the soil in a highly absorbable form for the roots of the plant. The surging investments being...

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Why Has Shift to Bio-Based PET Bottles Failed to Reduce Demand for Paraxylene

PET bottles are commonly used to package water, sodas, salad dressings, juices, peanut butter, cooking oil, liquid hand soaps, shampoos, mouthwashes, and several pharmaceutical formulations. Short for polyethylene terephthalate, PET is a kind of polyester that is made by polymerizing...

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Esters Industry Set to Observe Huge Expansion in Coming Years

Be it cars, buildings, or toys, everything has some kind of paint or coating. Apart from just making the product look good, such materials also protect them from external factors, such as heat, chemicals, moisture, and scratches. Owing to the vast diversity in the substrates...

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How Are Rising Construction Activities Driving Demand for Polyetheramine?

When reading about construction or industrial-grade adhesives, one is likely to come across the word ‘epoxy’. This is because epoxy resins are used to manufacture a wide range of practical and aesthetic products, such as surface coatings (including paints and floor coatings),...

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Why will Demand for Microcellular Plastics Boom in Coming Years?

Due to the surging requirement for microcellular plastics in the healthcare and food packaging industries, their sales are soaring sharply all over the globe. Moreover, these plastics are also extensively used in the transportation, electronic, and toy manufacturing industries,...

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Surging Construction Activities Fueling Demand for Methylene Chloride

The demand for methylene chloride is exploding all over the world, on account of its usage as a key solvent in various paint and adhesive formulations. Due to its low flammability, quick drying characteristics, and strong dissolving strength, methylene chloride is heavily used...

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Indian Gensets Market Set for Lucrative Growth in Future

The increasing enactment of strict regulations for curbing the emission of toxic gases is pushing up the sales of gensets in India. The utilization of gensets in the country is monitored under a regulatory framework implemented by the government, on account of the generation...

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Why Is Consumption of Hydrogen Surging in Chemical Industry?

Hydrogen is utilized in the refining industry for eliminating sulfur compounds from crude oil and breaking long-chain hydrocarbons into shorter chains, during the production of gasoline. The heavier and sour crude oil needs extensive processing, and the surging production of...

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Titanium Dioxide Being Used as Adhesive Property Enhancer in Paints and Coatings

The paints and coatings industry uses a large volume of titanium oxide as a major component in paint and coating pigments. This is because pigments containing titanium dioxide add a reflective feature to industrial and reflective paints, as they can scatter and absorb ultraviolet...

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Surging Shale Gas Production Fueling Demand for Digital Oilfield Technology

The increasing production of shale gas is fueling the demand for digital oilfield technology across the world. In the U.S., the mushrooming production of shale gas is resulting in the generation of large amounts of data related to production and drilling cycles and seismic and...

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Booming Pharmaceutical Industry Driving Growth of Global 1,3-Butylene Glycol Industry

The global 1,3-butylene glycol market had a valuation of $139,994.9 thousand in 2019 and is predicted to register a CAGR of 5.0% between 2020 and 2030. According to the estimates of P&S Intelligence, a market research firm based in India, the market would generate a revenue...

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Why Is Oil and Gas Sector Increasingly Adopting FRP Pipes?

The oil and gas industry is adopting fiber-reinforced plastic (FRP) pipes in large quantities, as the material possesses appreciable mechanical properties such as high tensile strength, fire resistance, reliability, and impact strength. Moreover, they are created as per the...

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Why Are Healthcare Facilities Adopting Surgical Glue?

Surgical glue is being applied in ample quantities in plastic surgeries, which are on the rise due to the technological developments in surgical procedures, surging disposable income, and increasing consciousness among consumers regarding their appearance. According to the International...

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