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 artificial intelligence in retail market size is anticipated to expand to USD 78.3 Billion by 2031 at a CAGR of 31.2%. Based on variables including technological infrastructure, consumer behavior, and economic priorities, different regions show differing degrees of AI adoption when examining the usage of AI in the retail industry from a regional viewpoint. Although AI has already revolutionized the retail industry heavily, coupled with augmented reality (AR) technologies,...
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 agricultural films and bonding market size is expected to expand to USD 15.2 Billion by 2031 at a CAGR of 5.1%. Climate, farming methods, and market maturity, all have an impact on the agricultural films and bonds market, which exhibits a variety of trends among various regions. With recyclable and biodegradable agriculture films coupled with smart farming technologies such as film sensors for soil condition monitoring, the market is set to surge in the upcoming years.
One of the...
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...
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 lancets market size is expected to expand to USD 10.2 Billion by 2031 at a CAGR of 7.9%. Due to variations in illness prevalence, healthcare infrastructure, and technological adoption, the lancets market exhibits notable regional diversity. With technological advancements in the lancets design, coupled with the unhealthy lifestyles among the urban population, and rising geriatric population, the global lancets market is set to have a surge in demand in the upcoming years.
The...
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...
