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Showing posts from November, 2021

Chemical Intermediates Market - Forecast(2021 - 2026)

Chemical Intermediates Market size is forecast to reach around   $132.1 billion by 2026 , after growing at a C AGR of 8.2% during 2021-2026.   Chemical intermediate is used for manufacturing drugs and agriculture chemicals such as pesticides and fertilizer. The primary occupation of every country is agriculture, and the growing acceptance of sustainable farming is driving the market growth. The increasing demand for food coupled with surging population further drive the growth of agriculture sector, which in turn propel the market growth in the coming years. Efficient crop production with better quality is required to satisfy this growing demand. The demand for agrochemical products is projected to be driven by these factors, thereby positively impacting the demand of the chemical intermediates market. Moreover, the development in the end-use industries such as petrochemicals, paints, building and construction, and pharmaceutical are driving the Chemical Intermediate Market gr...

Elastomers Market - Forecast(2021 - 2026)

Elastomers Market size is forecast to reach $ 78,699.56 million by 2025, after growing at a CAGR of 5.33% during 2020-2025. Elastomers, due to their extensive properties, such as high thermal stability, greater chemical resistance, high tensile strength, low shrinkage, and greater design flexibility, are used in a wide range of applications, in various industries including automotive, medical, consumer goods, industrial, and others. Rising demand from key application areas, combined with advances in processing technologies, is expected to fuel market growth during the forecast period. Elastomers are witnessing high demand from the automotive industry on account of rising need for high-performance and lightweight materials in vehicle production. Furthermore, the usage of recycled elastomers is likely to provide various opportunity for the elastomer market in the coming years.  Report Coverage The report: “Elastomers Market– Forecast (2020-2025)”, by IndustryARC, covers an in-depth ...

Polypropylene (PP) Resin Market - Forecast(2021 - 2026)

  Polypropylene Resin Market Overview: Polypropylene (PP) is an isotactic  thermoplastic  Resin of the  vinyl polymer  group. It is a downstream petrochemical product that is derived the Olefin monomer,  propylene . It is a hydrocarbon following the formula CnH2n. It is the second most used synthetic polymer globally after polyethylene. China is the largest producer of polypropylene market with a market share of 20% as of 2016, followed by the rest of Asia (excluding China) at almost 19%, Europe at 11%, North America at 8.6%, Middle east at almost 8%, south America at 3%, Africa at around 2% and then the rest of the world.  Polypropylene Resin Market Outlook: Polypropylene is a widely used product with a variety of applications in major consumables and disposable products. Polypropylene is manufactured from propylene gas in the presence of a catalyst. There are many licensed technologies for the production of Polymer, with the most widely used process...

Composites Market - Forecast(2021 - 2026)

Composites Market Overview  The global composites market revenue was valued at $82,727 million, according to this IndustryARC market research report, with the demand estimated to increment at a positive CAGR of 5.6% during the forecast period of 2019 to 2025. The global composites market size is consistently expanding owing to the infinite applications of composites in numerous end-user industries including construction, industrial, automotive, defense, sports, and aerospace. However, the analyst of the report pinpoints the construction and automotive industries to generate the most prominent chunk of demand.  As per the findings of the report, the construction and infrastructure application segment of the composites market is blooming at an above average CAGR of 6.3% through to 2025. The analyst attributes this to urbanization across both developed and developing economies. According to the World Bank Group, the International Financial Corporation (IFC) estimates investment ...

RO and UF Membranes Market - Forecast(2021 - 2026)

Reverse Osmosis (RO) and Ultra-Filtration (UF) membranes market was valued at $XXX million in 2025 after growing at the CAGR of X% over the forecast period from 2020-2025. Primarily due to the increase in replacement of chemical treatment of water by physical treatment technologies such as RO, UF, and others. Reverse Osmosis and Ultra-Filtration are different methods of   Membrane filtration   processes used for removing particles or unwanted substances from a solution. Rising demand in pharmaceutical, chemical processing, waste water management and others are other factors responsible for the growth in market demand. The novel Corona virus has negatively impacted the growth rate of RO and UF Membranes market. Report Coverage The report:  “RO and UF Membranes Market – Forecast (2020-2025)” , by IndustryARC, covers an in-depth analysis of the following segments of the RO and UF membranes industry. By Type:  Cellulose Acetate Asymmetric Membrane, Polyamide Thin film C...