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Showing posts from July, 2021

Conveyor Belts Market - Forecast(2021 - 2026)

Conveyor belts   comprise two or more pulleys to rotate a belt in continuous circles. They are employed for carrying objects, from one point to another. The material to be transported in placed on the belt and is carried to the end point on the belt. Thickness of the belts nearly 20 mm, however it differs depending on the end user. Globally, technological advancements and upgradations, growing infrastructure activities such as malls, airports, rise in the lean manufacturing system, and increasing industrialization around the globe are the prime growth drivers of global conveyor belts market. In addition, increase in adoption of conveyor belts for newer applications, and emerging economies such as China, India and others, will create new opportunities for global conveyor belts market. However, higher service and maintenance cost, and conveyor systems reliability being hampered by technical glitches are the key restraints for global conveyor belts market. Request Sample This report ident

Hydrogen Market Forecast-( 2021 - 2026)

According to the findings in the World Oil Outlook, 2018 by the Organization of Petroleum Exporting Countries (OPEC), the total primary energy requirement was valued to be 276 Mboe/d in 2015, and the organization has projected the demand to attain 298.2 Mboe/d mark in 2020, 339.4 Mboe/d in 2030, and a massive figure of 371.6 Mboe/d in 2040. [1]   This increasing demand for energy will translate to a definite demand for oil which will lead to an augmented production of oil in the refineries worldwide. Hydrogen is used in refineries for oil refining as it enables the process of converting crude oil into refined fuels such as gasoline and diesel while it also removes contaminants such as sulfur from these fuels. The foreseeable growth of the petroleum industry will lead to a demand influx in the hydrogen market that was valued to be $118.1 billion as of 2018. Furthermore, the demand for hydrogen in various industries is projected to grow with a healthy compound annual growth rate (CAGR)

Nanocoatings Market - Forecast(2021 - 2026)

The global nano-coatings market is estimated at over $6.4billion in 2016. Europe and North America are leading in the nanocoatings market. It is due to the strict regulatory norms on eco-friendly coatings, with low content of VOC. The Asia Pacific is witnessed to be the largest growing market. Countries like India, Indonesia, and China are heading towards a greater market share gradually. Request Sample Nanocoatings Market Outlook: The automotive segment has the highest market share in the Nanocoatings market. It is because of the increase in several types of nanocoatings. Nanocoatings are embraced in order to protect automobiles from corrosion is an ideal alternative to wax. The Asia Pacific is an evolving market for automobiles currently. Nanocoatings Market Growth drivers: The replacement of toxic inhibitors and the constantly growing need for the performance of protective coatings are the drivers of the nanocoatings market.  Inquiry Before Buying Nanocoatings Market Challenges: Th

Biodegradable Plastic Market - Forecast(2021 - 2026)

As per the Plastic Oceans Organization, more than 8 million tons of plastic are dumped into the oceans every year and the production rate of plastic per year is approximately 300 million tons [1] . Owing to such alarming circumstances, UN has launched a campaign #CleanSeas to eliminate marine litter by 2022 [2] . Growing consumer awareness regarding global warming and government legislation such as ban on plastic bags has escalated the worldwide application for biodegradable plastics . Plastics manufactured by renewable raw materials found in agricultural plant or animal products, that decay to carbon dioxide and water, aided by bacteria and microbes is known as biodegradable plastics. As per the IndustryARC business intelligence report, biodegradable plastics market through endless governmental campaigns and regulations has managed to divert a substantial chunk of traditional plastic consumers into its own domain. Such epidemic movements has augmented the global biodegradable market

Automotive Refinish Coatings Market - Forecast(2021 - 2026)

The total market for Automotive Refinish coatings in was $7.91 billion in 2017 and is estimated grow with CAGR of 4.4% to reach $10 billion during the forecast period 2018 to 2023. The soaring need for timely maintenance and repairing of automotive vehicles to enhance the appearance and durability of vehicle by protecting them from external factors such as temperature and UV radiation is an innate requirement. In order to serve this purpose, automotive refinishing coatings are invented and are frequently used in automotive aftermarkets by end-users. Increasing demand for aesthetic refinish of vehicles across the world, has led to significant innovations in the way automotive refinish coatings work. There are many developments in this context, one among which is the invention of high-tech coating materials that are eco-friendly and at the same time have low solvent content. Request Sample What is Automotive Refinish Coatings? The soaring need for timely maintenance and repairing of aut

Industrial Enzymes Market - Forecast(2021 - 2026)

Much industrial catalysis is now dependent on enzymes as they are able to catalyze any chemical reaction. Traditional chemicals cannot provide the desired results as enzymes can be modified through optimized process conditions and protein engineering. Increased usage of enzymes in industrial applications has proven to provide higher product quality, lower manufacturing costs, minimum waste and an excellent energy saver. Request Sample Consumers are now more aware about the benefits of replacing petrochemicals with organic compounds such as enzymes and as a result the industrial enzymes market is stated for a strong growth in the coming years. Major industries such as the pharmaceutical industry, textile manufacturers and cosmetic industry have shifted to industrial enzymes in their production process which has resulted in a surge in demand for these enzymes. Inquiry Before Buying The global industrial enzymes market  consists of various enzymes, which can be broadly categorized as carb

Green Solvents & Bio Solvents Market - Forecast(2021 - 2026)

Green Solvents & Bio Solvents Market is forecast   to reach $6.3 billion by 2026, after growing at a CAGR of 9.2% during the forecast period from 2021-2026 . In a wide variety of industries, such as   paints & coatings ,   printing inks , adhesives & sealants, and industrial & domestic cleaning, green solvents are consumed. The application segment of paints and coatings will continue to dominate the global market for green solvents over the forecast timeframe. Increasing environmental issues, together with increasing market awareness about environmentally sustainable goods, are pushing green solvent adoption in the paints & coatings industry. In addition, during the forecast period, the level of uses of green solvents in the industrial and domestic cleaning industries would be the largest.  COVID-19 Impact on Market The emergence of the current pandemic COVID-19 has had a huge influence on the growth of a variety of industrial sectors. In particular, the demand for

Water Testing and Analysis Market - Forecast(2021 - 2026)

The global water testing and analysis market generated a revenue of $4060.2 million in 2017 and is expected to rise with a CAGR of 6.7% during the forecast period of 2018-2023.  Among the different types of tests, the pH test generated the maximum market share of $1400.1 million in 2017 and is projected to rise in the coming years with a CAGR of 7% during forecast year of 2018-2023. Rapid industrialization and growing needs in developing countries has raised the demand for water testing and analysis. Also, the stringent regulations by various government bodies to maintain the water quality is also driving the market growth for water testing and analysis market. What is Water Testing and Analysis? Water testing is a process of assessing water quality. Water quality has to be tested regularly to determine the health of water. Water has various properties such as turbidity, dissolved gas content, radioactivity and water conductivity are measured through water testing and analysis. The qua

Butyl Rubber Market - Forecast(2021 - 2026)

Butyl Rubber Market size is forecast to reach   $5.2 billion by 2025   after growing at a   CAGR of 5%   during 2020-2025. Butyl rubber is an isobutylene copolymer with a small amount of isoprene. The special properties such as permeability to gas, excellent resistance to heat, chemicals & ozone and high low-temperature flexibility are making it prominent material into rubber, tubes and tires application. Tires made of butyl rubber have excellent inflation pressure retention, which makes them a preferred tire solution for various types of vehicles including passenger and commercial vehicles. Report Coverage                               The report:  “Butyl Rubber Market- Forecast (2020-2025)” , by IndustryARC, covers an in-depth analysis of the following segments of the Butyl Rubber industry. By Type:  Brominated Butyl Rubber, Regular Butyl Rubber, and Chlorinated Butyl Rubber.  By Application:   Coatings , Adhesives and Sealants, Tubes and Tires, Wires and Cables, Gaskets, Membran