Chemical Industry

  Market Overview According to the global market trends and the analysis by the business chiefs, the  Expanded Polypropylene Market  is projected to register a CAGR of over 6.1% to reach over 938.8 million in the year 2020. Expanded Polypropylene, as the sole market produce, can be understood as a closed-cell bead of polypropylene that offers a unique range of properties: excellent energy absorption, good impact resistance, thermal insulation, good water, and chemical resistance, buoyancy, and exceptional toughness and recyclability. Due to its outstanding properties, expanded polypropylene finds a wide range of applications in diverse end-use industries, including automobile, packaging, and consumer goods. The key factor driving the growth of the expanded polypropylene market is its widespread usage in the automobile industry. The trends are increasing, followed by the rising demands of the sector and its services amongst various customer chunks due to its exce...

  Market Synopsis According to MRFR analysis, the Global  Denim Fabric Market  was valued at USD 20 Billion in 2019 and is estimated to register a CAGR of 4.74% during the forecast period (2021 - 2028). The advantages for denim fabric include high strength and durable, as it can withstand abrasion, wrinkle resistance, and offer low maintenance, textured surface. The fabric is easy to wear, long-lasting, and does not progressively shrink. The primary growth driver is the high demand for denim fabric in jeans and shirts across the globe. Major companies operating in the denim fabric include KURABO INDUSTRIES LTD, LNJ Denim, KAIHARA Corporation, ISKO, and KUROKI CO. LTD. Pricing Analysis In 2019, the  denim fabric for sale  was priced between USD 8.5 and USD 9.4 per meter across the globe. The raw material for manufacturing denim fabric is mainly cotton. The fluctuating prices of cotton and an inadequate supply of cotton affect the prices of denim fabric. Due ...

  Market Overview The   steel rebar market   held a global market value worth USD 198.7 billion by the end of 2019. During the current period, the market is projected to reach USD 246.3 billion and hence, a global CAGR of 4.4% between 2021-2028. There has been an increase in building & construction activities, playing a significant role in recovering the construction sector and activities in Europe. Similar trends are propelling in various global locations will help the steel rebar market share at the global level by the end of the forecast period in 2028.   The global market has been witnessing a massive backlash in terms of marketing, production, functioning, and manufacturing that are causing significant disruptions in the global market's demand and supply chain mechanism during the forecast period ending in 2028. The global market has been witnessing a shortage of skilled labor, raw material, resources, and much more that might have a significant challenge fo...

  Market Scope Alpha Bisabolol Market is projected to be worth USD 37,442.12 million by 2030, registering a CAGR of 5.6% during the forecast period (2021 - 2030). Drivers and Restrains Impacting Alpha Bisabolol Market The expansion of the global  alpha bisabolol market  can be attributed to the expansion of the cosmetic industry over the review period. The rise in safety standards of in food sector creating the need to comply with safety standards can favor the global alpha bisabolol market in the review period till 2025. As per MRFR analysis, the expansion of the cosmetics market can add to the growth of the alpha bisabolol market over the review period. The diversity of consumer aspirations and the launch of new products for skin and derma care can improve the impetus of the market, whereas, the escalation of disposable income of middle-class population allow them affordability of luxurious items can favor the expansion of the alpha bisabolol market in the review period...

  Market Analysis  Green Concrete Market  Size Is Expected To Grow At A Significant CAGR Of 9.45% Along With Market Value Of USD 44.65 Billion During The Forecast Period 2021-2028.  states the recent Market Research Future (MRFR) analysis. Green concrete is a form of concrete that is made from eco-friendly concrete wastes. It ensures a sustainable structure as well as a long life cycle and with a low maintenance surface that helps to reduce the impact of the concrete on the environment such as wastewater, carbon dioxide emissions, energy savings, and others. Infrastructures, industrial, commercial, and residential are the major end users of green concrete.   Various factors are propelling the global green concrete industry share. As per the current MRFR report, such factors include the growing demand for sustainable and cost-effective building materials in the construction sector, rising urban population that has increased the need for infrastructure f...

  Market Synopsis According to MRFR analysis,  Semiconductor Materials Market  is projected to be worth  USD 74.87 billion by 2028 , registering a  CAGR of 5.38%  during the forecast period (2021 - 2028), The market was valued at USD 55.42 billion in 2020. Semiconductor materials are used in the manufacturing of different circuits and electronic components that find applications in various industries. Its shielding property with toughness and flexibility has increased its use in consumer electronics, aerospace, automotive, and healthcare industries. Some of the primary factors favoring the global market growth are increasing adoption of portable electronics devices, and surge in the demand for high-performance medical devices across the globe. Pricing and Standardization In 2018 , the price of silicon wafer, one of the fastest-growing segments in the global semiconductor materials market, varied from  USD 15 to USD 22 for one inch,  which is witne...

  Market Overview Artificial Marble Market  is projected to be worth USD 27.2 Billion by 2030, registering a CAGR of 11.20% during the forecast period (2022 - 2030), The market was valued at USD 14.5 billion in 2021.  The market growth will be driven by rising uses of artificial marble. Based on the research report, urbanization worldwide will accelerate growth in the market till 2025. Although the high product cost will have a negative impact on the global artificial marble market’s growth during this period. The increasing supply and demand gap will likely become a threat. The artificial marble market report published by expert analysts includes primary and secondary data and suggests that type, application, and regions segments are anticipated to witness tremendous growth till 2025. Factors such as untapped opportunities for the consumption will be major growth factors during the forecast period and the expanding construction industry is also said to be supporting the ...

  Market Synopsis According to the MRFR analysis, the   Tackifier Market  was valued at around  USD 5.73 billion by 2028 , registering a  CAGR of 4.81%  during the forecast period (2021 - 2030), The market was valued at  USD 3.56 Billion in 2020. Tackifiers are light molecular weight, glassy, amorphous compounds that are mixed with the base polymer in adhesives during preparations to enhance its mobility, thereby, improving the tack and peel adhesion. They are majorly used in the applications of hot melt adhesives (HMA) and pressure-sensitive adhesives (PSA). The key factor driving the growth of the global tackifier market is the increase in their demand in the expanding building and construction industry across the globe. Pricing and Regulatory Analysis In 2018,  among natural tackifiers, the gum rosin was priced between  USD 1900–2200   per ton  across the globe. Witnessing a gradual rise of  USD 0.19 to 0.40  in its pri...

  Market Forecast Lightweight Materials Market   is expected to exhibit a  CAGR of 8.2%  during the forecast period and cross  USD 276.50 Billion by 2027. Lightweight materials are significantly used in the automotive, aerospace, energy, and construction industries. The demand for advanced composites, polymers, and metal alloys is increasing in the automotive industry to reduce greenhouse gas emissions. The implementation of lightweight structures in the automotive industry comprising of advanced materials such as carbon fiber and magnesium reduce the weight of auto parts by 50–70%. Pricing Analysis The price of lightweight materials is expected to fluctuate in the coming years owing to the changes in market dynamics. For instance, the price of carbon fiber composite was around USD 20/kg in 2017 which is expected to decline and reach USD 10/kg by 2020, whereas the prices of titanium in Asia-Pacific were around USD 2,600–3,000 per ton in 2018. The price of titani...

Market Synopsis Cryogenic Insulation Market  is projected to be worth USD 6.42 billion by 2028, registering a CAGR of 8.11% during the forecast period (2021 - 2030),  The market was valued at USD 3.65 billion in 2020. Cryogenic insulation is used to reduce or eliminate the energy loss from the cold storage tanks and transfer lines. Cryogenic insulation effectively controls a system’s environment and helps in maintaining economic effectiveness. Cryogenic insulation are high-performance materials such as polyisocyanurate, polyurethane, expanded foams, fiberglass cellular glass, polystyrene, and aerogel. The growing demand for cryogenic equipment in the food & beverage and medical industries coupled with increasing demand for liquified natural gas (LNG) and various industrial gases is expected to drive the growth of the cryogenic insulation material market during the forecast period. Pricing The price of the cryogenic insulation varies according to material type. The average ...