Spandex Fiber Market to Maintain an Uphill Trend over the Coming Years
Synthetic fibers are known to be more beneficial over other fibers. They are durable, stretchable, waterproof, etc., and have created a great demand in the market. They are used in different industries like automotive, medical, and textile industry, among others. One of the synthetic fibers that fast gaining attention from all over the globe is spandex, which is also known as elastane. It is well known...
Phosphate Ester Market to Exhibit Favorable Growth Rate between 2015 and 2020
Also called as organophosphate, phosphate esters are mostly used as additives in lubricants, owing to their thermal stability and high lubrication properties. Phosphate ester is the generic name given to esters of phosphoric acid. They are a group of synthetic chemical compounds formed by the replacement of a hydrogen atom of an acid with hydrocarbon radical of an ethyl type. They are being adopted...
Crystalline Polyethylene Terephthalate Market to Grow with the Growing Food Packaging Industry
Crystalline polyethylene terephthalate (PET) is most commonly used for packaging purposes in the food and beverage industry. Its physical properties such as, strength and stiffness, clarity, lightweight, and lower absorption levels of flavor, among others make it ideal for use for packaging. With the rising demand for packaged food, the market for crystalline PET has also shown good growth the past...
Automotive Adhesives Market to Flourish in Emerging Economies
The automotive adhesives market is projected to grow from USD 6.6 billion in 2020 to USD 9.3 billion, at a CAGR of 5.9% between 2021 and 2026. The growing trend for lightweight and low carbon-emitting vehicles and the high demand for automotive adhesives from APAC are the drivers in the market. The major growth opportunities in the automotive adhesives market are in India, China, Brazil, Mexico, and...
Global Refractories Market to Witness Significant Growth from 2015-2020
Refractories are materials lined with linings established inside furnaces to insulate the steel structures from high temperatures. In addition, other properties of refractories like high mechanical strength, ability to bear high temperatures, prevention from physical wear and corrosion of steel by chemicals, and porosity make them a popular choice for use in the manufacturing industry.
Market Drivers...
Growing Medical Needs Fueling the Growth of Medical Plastics Market
Thanks to the increasing usage of medical plastics, the medical & healthcare industry would not be like what it is nowadays. Advances in medical technology coupled with huge demand for stronger, lighter, cost-effective, and durable medical devices have fueled the demand for medical plastics as well. Medical plastics are used widely in manufacturing of medical devices and products, thus forming...
Rising Demand from End-User Industries – Aerospace Coatings Market
Aerospace coating, because of its features like durability, light weight, variety of colors and styling, eco-friendly products, light weight, and ability to increase productivity has led to an increase in demand for it in the aviation industry. These characteristics play a vital role in increasing the life as well as in reducing the maintenance costs of the aircrafts. The global market for aerospace...
Rising Need for Safety Powering Up the Personal Protective Equipment Market
The employment opportunities have increased with the growing economies and development, which in turn has increased the risk of operational hazards. Therefore, for the protection of masses either at workplace or at home, personal protection clothing and equipment are used to minimize the risk from all kinds of injuries or hazards. Looking at all these factors, personal protective equipment (PPE) Market...
Graphene Market Gaining Momentum as Market Players Actively Invest in Graphene-based Applications
Graphene, popularly known as the “wonder material” or “magical material”, has found usage in various end-user industries, mainly because of its exceptional characteristics like being fire resistant, extremely thin and light, efficient conductor, and a highly flexible material. The graphene market has seen a tremendous growth, especially in the North America, and is expected to rise even further...
Industrial Developments Blended with Growth in Emerging Economies to Drive Polymer Blends & Alloys Market
Given its characteristics like corrosion resistance, lightweight, durability, flexibility, and thermal resistance, polymer blends and alloys is one of the most lucrative sectors of the plastic industry. They are extensively used in commercial applications like electronics and construction. Because of its excellent and favorable properties, the market for polymer blends and alloys has shown some lucrative...