Expansions and New Product Launches are the Key Strategies Adopted by Leading Players in Global Marine Lubricants Market
The marine lubricants market size is estimated to be USD 6.2 billion in 2021 and is expected to reach USD 6.7 billion by 2026, at a CAGR of 1.5% during the forecast period. Marine lubricants reduce friction between various operating mechanical parts in a ship or vessel. The lubrication process helps in dissipating excess heat and combating wear and tear. These marine lubricants enhance the output...
Owens Corning, and PFB Corporation are the Key Players in the Structural Insulated Panels Market
The global structural insulated panels market size is projected to grow from USD 405 million in 2020 to USD 517 million by 2025, at a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast year. According to the Structural Insulated Panel Association (SIPA), “Structural Insulated Panels (SIPs) are a high-performance building system (for residential and light commercial construction), and...
The demand for polyurethane additives is increasing, owing to the growing demand for innovative and cost-effective additives
The polyurethane additives market size is projected to reach USD 4.5 billion by 2025 at a CAGR of 4.2% from 2020. The demand for polyurethane additives in emerging economies, such as APAC and South America, is increasing owing to the growing construction industry. The volatility in raw material prices and the recyclability of polyurethanes is hindering the polyurethane additives market. This...
Covid19 Impact on Mist Eliminators Market
The global mist eliminators market size is projected to grow from USD 953 million in 2020 to USD 1,159 million by 2025, at a CAGR of 4.0% during the forecast year. The global mist eliminators market has been witnessing consistent growth due to the increasing concern for environmental pollution, growing prevalence of airborne diseases, growth of the manufacturing sector, and enforcement of environmental...
1,3-Propanediol (PDO) Market – Global Forecast to 2025
The global 1,3-propanediol market size is projected to reach USD 691 million by 2025 from USD 402 million in 2020, at a CAGR of 11.4% between 2020 and 2025. High demand for bio-based products, less greenhouse gas emissions, and low energy consumption during the production process of 1,3-propanediol are factors driving the demand for 1,3-propanediol. However, the availability of substitutes with comparatively...
Road & highway markings are estimated to lead the road marking materials market
The road marking materials market is projected to grow from USD 6.1 billion in 2020 to USD 7.5 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The major reasons for the growth of the road marking materials market include increased spending on safer roads, and new infrastructure and roadway projects in emerging economies. These factors are responsible for driving the demand for road marking materials...
Market Leader – Wood Preservatives Market
The global wood preservatives market size is estimated to grow from USD 1.3 billion in 2020 to USD 1.7 billion by 2025, at a CAGR of 5.1 % during the forecast period. The market is witnessing moderate growth, owing to increasing application, infrastructural development, and growing demand for these wood preservatives in the Asia Pacific, North America and Europe. Wood preservatives are largely used...
COVID-19 Impact on Gas Sensors Market worth $1,016 million by 2021
According to the market
research report “COVID-19 Impact on Gas Sensors
Market by Technology (Electrochemical, MOS, IR,
Catalytic, Laser), End-use Industry, and Region – Global Forecast to 2021″, is projected to decline from USD 1,025
million in 2020 to USD 1,016 million by 2021, at a Compound Annual Growth Rate
(CAGR) of -0.9% during the forecast period. Factors governing the...
Medical is the fastest-growing application segment of the plastic adhesives market
The plastic adhesives market is projected to grow from USD 6.8 billion in 2020 to USD 9.2 billion by 2025, at a CAGR of 6.3% between 2020 and 2025. APAC is the largest consumer of plastic adhesives. Increasing demand in the medical industry, growth in the appliance industry, and growing demand from packaging and e-commerce industries are the factors driving the plastic adhesives market.
The...
Autoclaved Aerated Concrete (AAC) Market – CSR Ltd. (Australia) and Biltech Building Elements Limited (India) are Leading Players
According to the market
research report “Autoclaved Aerated Concrete
(AAC) Market by Element (Blocks, Beams & Lintels, Cladding
Panels, Wall Panels, Roof Panels, Floor Elements), End-use Industry
(Residential, Non-Residential), and Region – Global Forecast to 2025″,
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%, during...