Why Did Polyethylene Glycol Consumption Boom during COVID-19 Pandemic?

Pharmaceutical has always been one of the most-lucrative industries in the world as human health is paramount! Moreover, the rising prevalence of all kinds of acute and chronic diseases is driving the demand for medicated drugs. For instance, heart diseases and cancer carry...

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Graphene Market To Exhibit Over 30% CAGR during 2020–2030

Graphene, an allotrope of carbon, finds largescale applications in the electrical and electronics sector, which is attaining new heights of prosperity due to the growing penetration of consumer electronics. Graphene is extensively used in print circuits, transistors, and microchips,...

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Why Is Retail E-Commerce Sector Using Packaging Materials in Abundance?

The United Nations Population Fund (UNFPA) forecasts that the global population will grow from 7.7 billion in 2019 to 9.7 billion by 2050, and the life expectancy at birth will surge from 72.6 years in 2019 to 77.1 years by 2050. The burgeoning population is expected to purchase...

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How Is Automotive Sector Fueling Water-Based Adhesive Specialty Tape Demand?

The International Organization of Motor Vehicle Manufacturers (OICA) states that the global automotive industry manufactured 21,787,126 commercial vehicles and 55,834,456 passenger cars in 2020. Further, the International Energy Agency (IEA) estimates that 78,000 electric buses,...

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Compressed Air Energy Storage Market to Register Growth due to Increasing Dependence on Alternative Ways for Generating Power

It is highly unlikely that the demand for energy will ever decrease. The way the population around the globe is increasing, the energy requirement will only increase. However, the conventional ways of generating energy are now unable to fulfil this rapidly growing need for power....

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How Is Construction Sector Augmenting Hydraulic Equipment Demand?

Developing countries, especially in the Asia-Pacific (APAC) region, are observing a significant surge in the number of manufacturing plants, owing to the easy availability of low-cost raw materials and labor, and flexible environment protection laws in these nations. The increasing...

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How Is Electrical and Electronics Industry Facilitating Oxygen-Free Copper Demand?

The Government of France has set up a target of increasing plug-in electric vehicle (PHEV) (passenger vehicles) and battery electric vehicle (BEV) (passenger vehicles) stock to 1.8 million and 3 million, respectively, by 2028. Likewise, Indonesia aims to expand the electric...

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Surge in Cosmetics Industry Propelling Demand for Cosmetic Chemicals

The requirement for cosmetic products has surged sharply in recent years, owing to the increasing disposable income of people and their rising consciousness toward looks and appearance. The increasing concerns being raised over physical appearance, hair loss, gray hair, and...

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Boom Expected in Global Synthetic Rubber Market in Near Future

The global synthetic rubber market revenue stood at $31.0 billion in 2020, and the market is expected to exhibit huge expansion in the coming years. The market is being propelled by the rising demand for automotive tires, mushrooming requirement for long-lasting rubber, ballooning...

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Demand for Self-Healing Materials Shooting Up in Europe

The growing adoption of self-healing materials in electronics and automotive industries is driving their demand across the globe. These materials assist in increasing the lifespan of various systems, as they quickly repair the damages and recover. In the automotive industry,...

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Increasing Construction Activities Driving Non-Destructive Testing and Inspection Market Growth

The World Health Organization (WHO) forecasts that “nearly 68% of the world’s population will reside in urban areas by 2050”. The booming urban population is resulting in the large-scale construction of housing units and public infrastructure facilities. In contemporary times,...

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Why Is Polypropylene Used in Industrial Sector for Packaging?

Polypropylene is being increasingly used in food and beverage packaging, due to the rising consumer awareness regarding health and wellness. This form of plastic is primarily used in the production of safe packaging materials and microwave containers. Additionally, this plastic...

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