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...
Hydrophobic membranes segment is estimated to lead PTFE membranes market
The global PTFE membranes market size is estimated at USD 1.8 billion in 2020 and is projected to reach USD 2.4 billion by 2025, at a CAGR of 6.0. The demand for PTFE membranes is increasing, owing to the growing growing oil & gas and chemical industries and stringent regulations pertaining to emission and treatment of municipal and industrial wastes.
Based on application, the industrial...
Refrigeration Insulation Materials Will Help Resolve the Food Security Issue
The food & beverage industry is expected to dominate the refrigeration insulation materials market and accounted for a share of 46% in 2019. The global demand for food & beverage has significantly increased due to the growing population. Due to growing environmental issues, the total irrigable land area has reduced drastically in the last decade, thereby putting more emphasis on food preservation....
Rising health awareness,hygiene and purchasing power of consumers are the major drivers of global breathable films market
The breathable films market is estimated to be USD 2.4 billion in 2020 and is projected to reach USD 3.6 billion by 2025, at a CAGR of 8.2% between 2020 to 2025. Rising awareness of health and hygiene and increasing the purchasing power of consumers are the major drivers of the global breathable films market during the forecast period.
Breathable films are thin films with a characteristic property...
Covestro (Germany) and DSM (Netherlands) are leading players in Waterborne Polyurethanes Market
The waterborne polyurethanes market is projected to grow from USD 1.7 billion in 2020 to USD 2.1 billion by 2025, at a CAGR of 5.2%. The demand for environment friendly polyurethanes is increasing with the growing awareness about the harmful effects of hazardous chemical emissions.
The increase in demand for waterborne polyurethane and the growing industrial development in the emerging economies,...
SABIC (Saudi Arabia) and Celanese (US) are the Major Players in the COVID-19 Impact On Medical Plastics Market
The global medical plastics market size during this pandemic is projected to grow from USD 25.1 billion in 2020 to USD 29.4 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 17.2% during the forecast period. The major drivers for the medical plastics industry include the growing demand from OEMs and medical device/equipment manufacturers for the production of critical care systems such as...
Spunbond Nonwovens Market worth $18.3 billion by 2023 (In-depth Analysis of the COVID-19 Impact on)
The spunbond nonwovens market is projected to grow from USD 12.7 billion in 2018 to USD 18.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period.
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The growth of the spunbond nonwovens market can be attributed to the increased consumption...
Zinc Chemicals Market : Known and Unknown Adjacencies
Global Zinc Chemicals Market is estimated at USD 7.98 Billion in 2017 and is projected to reach USD 10.41 Billion by 2022, at a CAGR of 5.5% from 2017 to 2022. The market is driven by the increased demand for zinc chemicals from various applications, such as rubber compounding, glass & ceramics, and pharmaceuticals.
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Rubber...
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...
Cosmetic Pigments Market report analyzes the key growth strategies adopted by the leading market players
The market size of cosmetic pigments is estimated at USD 698 million in 2019 and projected to reach USD 1,019 million by 2024, growing at a CAGR of 7.9%. The global cosmetic pigments market is driven by the growing demand from color cosmetic and personal care applications. Increased need for product differentiation and growing awareness about the improved appearance of products are boosting the...