The global dielectric fluids market is projected to reach USD 11.44 Billion by 2032, growing at a CAGR of 7.7%. The heavy necessary use of dielectric fluids in various industries such as electric, industrial, automotive, etc. is the major driver for the global dielectric fluids market. With increased focus towards bio-based dielectric fluids made from renewable sources, the global dielectric fluids market is set to surge in the upcoming years.
The development of renewable energy...
The global aerospace fasteners market size is anticipated to expand to USD 12.36 Billion by 2032 at a CAGR of 7.5%. The rising demand for air travel, coupled with the technological advancements in aircraft manufacturing has increased the demand for aerospace fasteners for the past few years. Moreover, the technological improvements in lightweight and fuel-efficient aircraft will open up new possibilities for fastener materials and manufacturing, thereby increasing demand in the coming...
The global catalyst market size is anticipated to expand to USD 45.6 Billion by 2031 at a CAGR of 4.9%. The increased demand from the petroleum industry for cleaner fuel production has been driving the global catalyst market. Moreover, with development of bio-based catalysts and new opportunities in clean energy technologies is set to surge the global catalyst market in the upcoming years.
The primary driver for the global catalyst market is the growing need for petroleum refining, as...
The global prefabricated buildings market size is anticipated to expand to USD 275.6 Billion by 2031 at a CAGR of 7.4%. Due to regional variations in government rules, construction techniques, and economic conditions, the prefabricated building market is highly variable. However, the concept of effective low-cost housing and government support to it in recent years especially in the emerging economies is set to surge the global prefabricated buildings market in the upcoming years.
The...
The global industrial enzymes market size is expected to expand to USD 12.9 Billion by 2031 at a CAGR of 6.7% The heavy demand for industrial enzymes from various sectors such as biofuel, consumer goods, pharmaceuticals, food & beverage, etc. is the major factor for the growth of industrial enzymes in the upcoming years. Several market opportunities for industrial enzymes lie in new uses of these enzymes through advancements in enzyme technology and is set to surge its expansion in the...
The global nanosilica market size is anticipated to expand to USD 35.7 Billion by 2031 at a CAGR of 8.7%. The rise in demand from various industries such as automotive, construction, electronics, etc. is the major factor driving the nanosilica market. The global nanosilica market's geographical study reveals notable growth trends that differ depending on the region and are caused by varied levels of industrial development, research, and market demand. Additionally, the advancements in...
The global thermoplastic elastomers market size is anticipated to expand to USD 46.2 Billion by 2031 at a CAGR of 7.8%. The heavy demand from the automotive, and consumer goods industries is the major factor driving the global thermoplastic elastomers market. Moreover, the increased research & development to create high-performance thermoplastics is set to surge the global market for thermoplastic elastomers in the upcoming years.
Owing to the thermoplastic elastomer’s strength and...
The global fiberglass pipes market size is anticipated to expand to USD 6.7 Billion by 2031 at a CAGR of 4.7%. The rising infrastructure projects around the globe are the major driving factor for the fiberglass pipes market. Moreover, the strength, corrosion-resistance, and low weight of the fiberglass have increased its demand in other industries such as oil & gas, and chemical processing. The emerging markets for fiberglass pipes in the upcoming years are the developing nations of Latin...
The global carbon fiber market is anticipated to expand to USD 12.4 Billion by 2031 at a CAGR of 11.4%. The use of carbon fiber in several gigantic industries such as aerospace & defense, automotive, etc., due to its various properties is the major reason for the surge in its demand for the past few years. The improvements in production methods of carbon fiber to lower its production costs are set to boost the expansion of the global carbon fiber market in the upcoming years especially in...
The global surface disinfectants market size is expected to expand to USD 10.4 Billion by 2031 at a CAGR of 6.8%. The post-pandemic heightened awareness regarding hygiene and strict cleaning protocols in urban areas has been the major factor driving the demand for surface disinfectants for the past few years. Moreover, driven by factors including industrialization, healthcare infrastructure, and regulatory regulations, the surface disinfectants market exhibits geographical variations in...
