High Speed Steels- Future Demand, Market Analysis to 2021
The tool steel market is projected to reach USD 2.77 billion by 2021, at a CAGR of 5.3%. The growing demand for tool steels to manufacture various cutting tools, such as tool bits, drills, taps, gear cutters, saw blades, planers, jointer blades, milling cutters, router bits, punches, and dies, among others is driving the growth of the tool steels market, globally.
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Attractive Opportunities in the Glyoxal Market
Merger & acquisition among the key strategies adopted by the leading players to strengthen their position in the glyoxal market.
The glyoxal market size is projected to grow from USD 265 million in 2019 to USD 326 million by 2024, at a CAGR of 4.3%. The major drivers for the glyoxal industry include a rise in disposable income & changing lifestyle, and growing intermediate use...
Cryogenic Tanks Market – Global Forecast to 2024
The global cryogenic tanks market size of is estimated at USD 6.2 billion in 2019 and projected to reach USD 8.1 billion by 2024, at a CAGR of 5.5%. The global cryogenic tanks industry is driven by improving healthcare services, especially in the developing economies. Rising demand for LNG in various sectors, such as automotive, domestic & commercial fuel, and power generation is expected...
Water Treatment Biocides Market worth $4.7 billion by 2024
The global water treatment biocides market size is projected to reach USD 4.7 billion by 2024 from the estimated USD 3.5 billion in 2019, at a CAGR of 6.2% between 2019 and 2024. The presence of a stringent regulatory environment, along with the growing demand for biocides from various applications, are the factors driving the demand for water treatment biocides. However, the lengthy and expensive...
Attractive Opportunities in the Concrete Admixtures Market
The global concrete admixtures market size is projected to grow from USD 15.4 billion in 2019 to USD 24.0 billion by 2024, at a CAGR of 9.3%, between 2019 and 2024. The major driving factors in the concrete admixtures industry are increasing population, rising infrastructure requirements in developing economies, improvement in the economics of construction like reduction in water usage and...
New product launches, acquisitions, expansions, and agreements were key strategies adopted by market players in the epoxy curing agents market
New product launches, acquisitions, expansions, and agreements were the key strategies adopted by the market players to grow in the epoxy curing agents market between 2012 and 2017. The growth of the chemical industries in China and India is one of the major factors expected to drive the growth of the epoxy curing agents market in Asia-Pacific.
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Attractive Opportunities in Extruded Polystyrene Market
The global extruded polystyrene (XPS) market size is projected to grow from USD 5.5 billion in 2019 to USD 6.7 billion by 2024, at a CAGR of 4.0%, between 2019 and 2024. The major driving factors in the XPS industry are increasing population, rising infrastructure requirements in developing economies, technological improvements in the XPS insulation products, and rapid urbanization.
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Expansions and acquisitions were the key strategies adopted by the leading players to strengthen their positions in the flavors & fragrances market
The market size of flavors & fragrances is estimated to be USD 29.0 billion in 2021 and is projected to reach USD 37.3 billion by 2026, at a CAGR of 5.1% between 2021 and 2026. The growth of the flavors & fragrances market is primarily supported by the growing population in emerging economies such as China, India, Indonesia, South Korea, Brazil, and South Africa.
The demand for flavors...
Attractive Opportunities in Dimethyl Carbonate Market
The dimethyl carbonate market is projected to grow from USD 895 million in 2019 to USD 1,207 million by 2024, at a CAGR of 6.2% from 2019 to 2024. The increasing demand for polycarbonates and lithium-ion batteries is expected to drive the global dimethyl carbonate market.
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Attractive Opportunities in the Optical Film Market
The use of optical film is increasing due to its light control & enhancement, increased brightness, improved contrast, better sunlight durability, energy efficiency, and enhanced durability. The optical film market size is estimated to be USD 21.5 billion in 2019 and is projected to reach USD 30.2 billion by 2024, at a CAGR of 7.0% between 2019 and 2024. This growth is attributed to the increasing...