Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Opportunities and Challenges
The global Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market size is projected to grow from USD 1.9 billion in 2022 to USD 2.3 billion by 2027, at a CAGR of 4.7% during the forecast period. The growing demand for CUI & SOI coatings from end-use industries, such as marine; oil & gas, and petrochemical; energy & power; and others, drives the CUI & SOI...
Peracetic Acid Market Poised to Account for US$ 1,685 Million by 2030
The peracetic acid market size is estimated to be USD 813 million in 2020 and is projected to reach USD 1,685 million by 2030, at a CAGR of 7.6%, between 2020 and 2030. Peracetic acid is widely used as disinfectant, sanitizer, bleach, sterilant, industrial reagent, oxidizer, and polymerization catalyst. It is a strong oxidizing agent and has stronger oxidation potential than chlorine or chlorine dioxide....
Cross Laminated Timber (CLT) Market is Foreseen to Grow Exponentially by 2027
The global cross laminated timber market size was USD 1.1 billion in 2021 and is projected to grow at a CAGR of 14.5% during the forecast period to reach USD 2.5 billion by 2027. Advanced design flexibility and quicker implementation methods in manufacturing of cross laminated timbers are expected to drive the market.
Growth of newer applications of CLT such as taller buildings is attributed to...
Cladding Systems Market worth $306.9 billion by 2026
The cladding systems market is projected to grow from USD 234.1 billion in 2021 to USD 306.9 billion by 2026, at a CAGR of 5.6% from 2021 to 2026. Cladding systems market is expected to grow in accordance to the growth of construction industry across the globe. Factors such as increase in the residential and commercial construction and infrastructure activities, along with the demand for durability...
Impact of Existing & Emerging Stand-Up on Biocides Market Industry
The biocides market size is estimated to be USD 11.3billion in 2021 and is expected to reach USD 13.6billion by 2026, at a CAGR of 3.7% during the forecast period. Factors such as increase in use of microbial protection in end-use and stringent regulatory environment will drive the biocides market. The major restraint for the market will be lengthy and expensive registration process. However, increasing...
Mounted Bearing Market: Overview and Regional Outlook Study
The global Mounted Bearing Market size is projected to grow from USD 1.4 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 5.6%.
The mounted bearing market is driven by the adoption of mounted bearings in numerous industries; increased efficiency and long life with fewer maintenance requirements of mounted bearing; growing demand for specialized bearings for cost optimization; and increasing...
Concrete Restoration Market Size to Grow US$ 20.4 Billion by 2026
The report “Concrete Restoration Market by Material Type (Shotcrete, Quick Setting Cement Mortar, Fiber Concrete), Target Application (Roads, Highways & Bridges, Buildings & Balconies, Industrial Structures) and Region – Global Forecast to 2026″, The global concrete restoration market size is estimated to be USD 15.0 billion in 2021 and is projected to reach USD...
Synthetic Paper Market to Witness Widespread Expansion by 2027
The global synthetic paper market size is estimated at USD 766 million in 2021 and is projected to reach USD 1,286 million by 2027, at a CAGR of 9.2%, between 2022 and 2027. Synthetic paper is manufactured with synthetic resins derived from petroleum (primary material). Resin selection plays a major role in the attributes exhibited by different synthetic papers. It is preferred over conventional paper...
Industrial Lubricants Market: Bio-based Lubricants Hold Potential Growth Though 2024
The global industrial lubricants market size is projected to reach USD 73.3 billion by 2024 from USD 62.8 billion in 2019, at a CAGR of 3.1%, during the forecast period. The growing demand for industrial lubricants in countries such as China, India, Japan, and South Korea from the construction, metal & mining, power generation, cement production, and automotive industries is expected to fuel the...
White Spirit Market Continues to Innovate- Exclusive Report by MarketsandMarkets™
The global white spirit market size is projected to grow from USD 6.7 billion in 2019 to USD 8.1 billion by 2024, at a compound annual growth rate (CAGR) of 4.0%, during the forecast period. White spirit is a colorless, clear, and flammable hydrocarbon solvent with a high aromatic content (varying from 2% to 25%). These liquids are obtained in the middle distillate of the crude oil refining process....