Increasing Demand for Lithium-ion Battery Recycling?
The lithium-ion battery recycling market is estimated at USD 1.5 billion in 2019 and projected to grow from USD 12.2 billion in 2025 to USD 18.1 billion by 2030, at a CAGR of 8.2% from 2025 to 2030. The increase in electric-drive vehicles (EDVs) and their battery packs reaching end-of-life (EoL) present a major opportunity to the lithium-ion battery recycling market. Subsidies to encourage battery...
Increasing Number of Natural Gas Vehicles & Adoption of Green Hydrogen & RNG as Clean Fuel to Boost the CNG RNG and Hydrogen Tanks Market
The factors such as increasing number of natural gas vehicles, adoption of green hydrogen and RNG as a 100% clean fuel in developed economies, and stringent eco-friendly laws are boosting the demand for CNG, RNG, and hydrogen fuels. However, the market growth is restricted due to high cost of production of hydrogen and RNG and lack of required their refueling infrastructurein developing countries....
Construction Repair Composites Market worth $533 million by 2026
The global construction repair composites market size was USD 331 million in 2021 and is expected to reach USD 533 million by 2026, projecting a CAGR of 10.0% between 2021 and 2026. Construction repair composites are increasingly used in the commercial, residential, silo flue pipe, oil & natural gas pipeline, water structure, industrial structure, and other end-use application. The increasing...
Autoclaved Aerated Concrete (AAC) Market – CSR Ltd. & Biltech Building Elements Ltd. are Leading Players
The global Autoclaved Aerated Concrete (AAC) Market size is projected to grow from USD 18.8 billion in 2020 to USD 25.2 billion by 2025, at a CAGR of 6.0% between 2020 and 2025. The major driving factors of the market include increasing urbanization & industrialization, growth in the infrastructure sector, rising demand for lightweight construction materials, growing preferences for low-cost houses,...
HVAC Filters Market Revenue Pocket
The global HVAC filters market size is projected to grow from USD 5.5billion in 2020 to USD 7.1 billion by 2025, at a CAGR of 5.1% between 2020 and 2025.HVAC filters are the separation media used in HVAC systems to remove pollutants or harmful substances, which can be dust, dirt, and pollen particles; metal & wood particles; hair & animal fur, bacteria, or microorganisms. These filters can...
Honeywell International Inc. (US) and The Chemours Company (US) are leading players in Refrigerants Market | Latest Updates:
The refrigerants market size is estimated to be USD 21.3 billion in 2020 and is expected to reach USD 30.8 billion by 2025, at a CAGR of 7.7% during the forecast period. Factors such as increasing demand for consumer appliances and growing cold chain markets are expected to drive the refrigerants market. The major restraint for the market will be the regulations imposed against the usage of fluorocarbons...
Increasing adoption of lithium-ion batteries in new applications
The market size of lithium-ion battery anode is estimated at USD 8.4 billion in 2021 and projected to reach USD 21.0 billion by 2026, growing at a CAGR of 19.9%. The growing demand for electric vehicles along with high demand for lithium-ion batteries for industrial applications is driving the market growth. Moreover, strategies such as agreements and plant expansions undertaken by several prominent...
Silane Coupling Agents Market- Analysis with Ongoing Trends & Market Revenue
The global silane coupling agents market size is estimated to grow from USD 1.2 billion in 2021 to USD 1.6 billion by 2026, at a CAGR of 5.5% during the forecast period. The driving factors for the silane coupling agents market is increasing penetration of silane coupling agents in the automotive & transportation, building & construction industry, energy & chemical segment, and electrical...
Top Shape Memory Alloys Market Industry Leaders
The global Shape Memory Alloys market size is estimated to be USD 11.0billion in 2021 and is projected to reach USD 18.8billion by 2026,at a CAGR of 11.2% between 2021 and 2026.The growth in the market is highly attributed to the increasing demand for SMAs in the manufacturing of biomedical devices & surgical instruments, aircraft components and automotive actuators, and consumer electronics....
What You Need To Know In 2021 About Modular Construction Market (Worth $108.8 Billion By 2025)
The global modular construction market size is projected to grow from USD 82.3 billion in 2020 to USD 108.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.75% during the forecast year. The construction industry witnessed a significant change with the introduction of prefabricated technology, as it allows building more structures with reduced time and cost, as compared to the conventional...