The US green building material market is expected to grow at the CAGR of 11.5% during 2015-2022. The major factors driving the market are encoraging effect of green building on human health and inclination towards eco-friendly technologies. Government initiatives for green building constructions.
The global thermal interface materials market is expected to grow at the CAGR of 12% during 2015-2022. The major factors driving the market are high demand of the products in various end user industries such as automotive electronics, industrial machinery, telecom, medical devices consumer durables and others. Efficient heat transferring function of thermal interface materials has potential application in electronics industry. High investment in the automotive electronics market by various economies is boosting the automotive industry. Since it is one of the major end user of the thermal interface materials, it’s acting as booster for the thermal interface materials market.
The global fracking proppant market is expected to grow at the CAGR of 11.5% during 2015-2022. The major factors driving the market are growing hydraulic fracturing, growing demand of shale gas in North America and increasing demand for unconventional energy. Petroleum industry is the largest user of fracking proppants. Proppant sales are increasing due to increase in production of shale gas; countries are utilizing the energy for domestic purpose and export of excess gas.
The global high performance ceramic coatings market is expected to grow at the CAGR of 7.7% during 2015-2022. The major factors driving the market are high demand of the products in various end user segment such as automotive, energy and aerospace segment. Increasing demand of ceramic coatings in the automotive and aviation industry for improved thermal protection for engines.
The global polymeric foams market is expected to grow at the CAGR of 8.2% during 2015-2022. The major factors driving the market are increasing demand from end user industries such as automotive & packaging and furniture & bedding in emerging economies are expected to boost the market during the forecasted period of the study. Growing infrastructure spending is anticipated to be the key factor in driving the global polymeric market.
The Global Agrochemicals industry is seeing new opportunities in terms of development and technological innovations with modern agricultural practices. Agrochemicals are useful to control the amount of nutrients that should be made available to the plants according to their needs. The global agrochemicals industry has transformed dramatically over the past century as farmers across the world started purchasing agrochemicals to grow crops for gaining more agricultural output.
The global carbon nanotubes market is expected to grow at the CAGR of 21.3% during 2015-2022. The major factors driving the market are increasing demand of carbon nanotubes from end user industries and wide applications in various areas. These application areas include electronics & semiconductors, aerospace & defense, advanced materials, batteries & capacitors, chemical, energy etc. The government of developing countries such as China and India are taking continuous initiatives in order to promote nanotechnology. These initiatives are expected to result in growth of carbon nanotubes market in these economic regions.
Waste management process involves waste collection, processing, recovery, and disposal in the most efficient and effective manner. Waste management focuses on recycling, reducing, and reusing wastes. Industries are focusing more on those raw materials that can be either easily disposed or recycled or reused. The global waste management market will grow significantly since there are rising waste management concerns worldwide.
The UV-Cured Resins: Technologies and Global Markets is projected to grow at the CAGR of around 9.0% during 2015-2022. The most important factor in the growth of UV-Cured Resins: Technologies and Global market would be due to growth in industrialization in emerging economies.
The global renewable chemical manufacturing market is expected to grow at the CAGR of 12.71% during 2015-2022. The major factors leading to the expansion of renewable chemicals manufacturing market are the strict rules and regulations imposed by various regulatory authorities to keep a check on products leading to the damage of the environment, the abundance availability of renewable chemicals that too at a reasonable price is, and the consumer today is getting inclined towards the use of eco-friendly products.
The global Microspheres market is expected to grow at the CAGR of 12.8% during 2015-2022. The most important factor in the growth of global Microspheres market is the increasing demand from emerging and current markets. Rising demand for efficiency is again adding to the demand of microspheres globally.
Global fracking fluids market is expected to grow at the CAGR of 10.5% during 2012-2022. The global fracking fluids market is majorly driven by the growth in production rates and energy safety provided by domestic supply of natural gas, globally. Rise in fracking activities for oil & natural gas reserves is also driving the market. Global recovery of Oil & Gas from shale has created huge scope in the market.
The Global Hydraulic Fracturing Market is expected to grow at the CAGR of 12% during 2015-2022 and it estimated to be $75 billion by 2022. The Global Hydraulic Fracturing Market is majorly driven by rise in shale exploration and production activities. Huge investment in Global Hydraulic Fracturing Market is expected to boost the market in next few years.
Some of the factors acting as the restraint for the market are continuous R&D and innovation in the field is leading to production of better and advanced products and this in turn is boosting the market. Because of rising number of Health conscious consumers especially in the North American and European demand of natural hydrocolloids is again increasing, Multi functionality of hydrocolloids leads to the wide application of hydrocolloids, another major reason for the growth of the market are emerging market in various geographic locations. The rising use of hydrocolloids in food applications is also increasing.
Metamaterials technology has many unique feature due to which it finds its application in wide number of fields. These are basically artificially engineered materials that has a number of advantages over its conventional counterparts as its properties are not normally found in nature.
Plastic Additive market is growing at a good pace, rising urbanization and disposable income is one of the major reason for the growth of the market, Plastics are finding its application in various sectors and is replacing many conventional materials and this is boosting the growth of the plastic additive industry.
The Global Nitric Acid market is expected to reach at US $14.90 billion by 2022 at the CAGR of 10.11% during 2015-2022. The Global Nitric Acid market is growing due to factors such as the increasing demand for ammonium nitrate as a fertilizer in the agricultural industry, High demand for ammonium nitrate as a fertilizer in the past few years, in addition to increasing incidences of groundwater contamination as a result of excessive fertilizer use is expected to restrict growth prospects over the forecast period.
The global synthetic paper market is expected to grow at a CAGR of 8% during 2015-2022 and is estimated to be approximately $XX billion at the end of the forecasted period i.e. by 2022. The global synthetic paper market is driven by many factors such as growing adoption in various label and non-label application.
High demand of ethanol and methanol in alcohol industry drives the fermentation chemical market positively. High demand of alcoholic beverages also increase the demand of the fermentation chemical market as the alcoholic products are produced with the help of fermentation process.
High wine consumption is estimated to remain a key driver for the global market growth of tartaric acid over the forecast period. High consumption of wine in developing market such as APAC is expected to complement the market growth of tartaric acid in future. In food and beverages tartaric acid is widely used as preservative and additive.
The Chemicals and Materials industry is one of the oldest industries globally and very economically significant one. This diverse industry has been growing through innovations and new product end users. Metals and minerals, food ingredients, fibres, green chemicals, nano-materials, fabrics, composites etc are sub components of the chemical and material industry.
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