The global automotive plastic compounding market size is expected to expand to USD 5.2 Billion by 2031 at a CAGR of 6.5%. The rising sales of fuel-efficient automobiles in the past few years are the major factor driving the global automotive plastic compounding market. There are specialized players and various applications in each market category for automotive plastic compounding, and businesses are always innovating to satisfy the changing needs of the automotive sector. Moreover, the...
The global anti-foaming agents market size is expected to expand to USD 8.3 Billion by 2031 at a CAGR of 4.7%. The market for anti-foaming products is very regionally variable, driven by economic growth, environmental laws, and industrial demand. With heavy research & development investments to develop safer and more effective high-performance anti-foaming agents, the market is set to surge in the upcoming years.
There is a rise in the need for anti-foaming chemicals due to the expansion of...
The global bioadhesives market size is expected to expand to USD 9.5 Billion by 2031 at a CAGR of 8.9%. The enhanced performance and improved formulations of the bioadhesives has brought new opportunities for its market growth. A strong rivalry exists in all market categories for bioadhesives, with major companies emphasizing sustainability, innovation, and satisfying the rising demand for environmentally and biodegradably friendly products.
The use of bio-based solutions is spreading...
The global sandwich panels market is expected to expand to USD 16.7 Billion by 2031 at a CAGR of 8.1%. The growing demand for eco-friendly and affordable construction materials around the globe is the major factor driving the sandwich panels industry. As green buildings and sustainable construction are in trend, the global sandwich panels market has multiple opportunities for growth in the upcoming years.
Sandwich panels, which have excellent insulating qualities, are being used more...
The global essential oils market is expected to expand to USD 44.5 Billion by 2031 at a CAGR of 12.2%. The market is driven by many other industries which make use of essential oils, especially food & beverage, and cosmetics & personal care. Its use in aromatherapy and alternative healing therapy is another factor for the increase in the sales of essential oils in the past few years. The traditional use of essential oils in third world countries is also a major factor driving the global...
The global oleochemicals market size is expected to expand to USD 52.5 Billion by 2031 at a CAGR of 7.1%. The support for sustainable practices by various governing regulatory bodies around the globe such as EC, REACH, JECFA, ECHA, etc. is a major factor driving the overall oleochemicals market growth. The stringent regulatory approval by them ensures the quality standards and also makes manufacturers invest in research & development to meet the regulatory standards, thereby creating...
The global wax emulsion market size is expected to expand to USD 3.2 Billion by 2031 at a CAGR of 5.5%. The demand for wax emulsions from the paints & coatings, adhesives, textile industry, and others is the major factor in expanding the market. The research & development of wax emulsions to enhance its performance quality such as water resistance, abrasion resistance, etc. is anticipated to be a major factor driving the growth of its entire market for the upcoming years. The major players...
The global ceramic membrane market size is expected to expand to USD 12.4 Billion by 2031 at a CAGR of 8.7%. The demand from the industrial and wastewater treatment industry is the major factor driving the ceramic membrane market. Moreover, stringent legislations by environmental governing bodies across the globe have surged the growth of ceramic membranes owing to their effective and reliable filtration capabilities. The technological advancements in the ceramic membrane industry have...
The alpaca fiber market size is anticipated to expand to USD 3.1 Billion by 2030 at a 3.3% CAGR over the forecast period. The potential for development in the alpaca fiber industry comes from both expanded production and rising consumer demand for alpaca fiber-based goods. The industry is growing in terms of output due to an increase in alpaca farming on a worldwide scale as farmers become more aware of the financial benefits of serving the fiber market. At the same time, increased consumer...
The market for polyester fiber is anticipated to expand to USD 195 Billion by 2030 at a 7.7% CAGR over the forecast period. The polyester material is a man-made fiber composed of polymerized ethylene glycol and terephthalic acid. It is a versatile and frequently utilized substance that is majorly found in the textile, packaging, and construction sectors, among others. The growth is attributed to the increasing demand for polyester fiber in the apparel and home textiles industry, as well as...
