The global electric vehicle insulation market is growing proficiently, projected to grow at a CAGR of 26.3% during the expected period from 2019 to 2027, starting from US$ 1.26 Bn in 2018. The global electric vehicle insulation market is growing proficiently, projected to grow at a CAGR of 26.3% during the expected period from 2019 to 2027, starting from US$ 1.26 Bn in 2018.
Globally, the clad pipe market is expected to grow with a CAGR of more than 5.8% during the forecast period from 2019 to 2027, starting from US$2.2 Bn in 2018. Clad pipes are made by welding the pipe with clad material. This process is done mainly to increase the strength of the pipe, reduce corrosion, and achieve maximum cost benefits. The clad pipes are mostly used in oil and gas industry to withstand the high-pressure and high temperature environment. The primary factor associated with increased utilization of clad pipes is concerns regarding corrosion.
The cable protection tubes market worldwide is expected to grow with a CAGR of 6.30% during the forecast period from 2019 to 2027. Cable protection tube is used to protect and align the overall cabling/wiring in a building or other structures. The market is primarily dependent upon the construction industry worldwide and related spending on cable management products. In 2018, construction industry contributed to more than 13% of the world GDP. Subsequently, the demand for cable management products (such cable protection tubes) is expected to remain strong in years to come.
Globally, the Busbar market is expected to grow with a CAGR of 7.0% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$ 18.50 Bn. Busbar are metallic strips which are made of copper, aluminum or brass, these strips can either conduct or ground the electricity. The busbar makes the complex power distribution flexible, easier and less expensive as compare to the traditional way. The increasing demand of electricity in industrial and urban areas are driving the busbar market due to their capability to distribute the electricity efficiently and saves cost for the distribution.
The aluminum forging market worldwide is expected to grow with a CAGR of 5.4% during the forecast period from 2019 to 2027, starting from US$ 11.60 Bn in 2018. Rapid increase in aluminum demand in automotive and aerospace industry is the key factor for growth of aluminum forging market worldwide. The process of pounding and pressing the aluminum under pressure is known as aluminum forging.
Large scale use of extruded aluminium products in the number of industries is impacting the growth of aluminium extrusion market on a global level. Aluminium extrusion is the process of melting and transforming aluminium alloy into objects with definitive cross-sectional profiles for a number of industrial as well as domestic uses. Extruded aluminium products such as bar, beam, rod, and angles are widely used in the building & construction industry, electrical industry for transmission and distribution of electricity and automotive industry, etc.
The global aerosol market accounted for US$ 80.74 Bn in 2018 and is anticipated to grow to US$ 138.86 Bn growing at a CAGR of 6.3% throughout the forecast period from 2019 to 2027. In 2018, in terms of volume market register sales of 16.14 Bn units and anticipated to reach 20.61 Bn units expanding at a CAGR of 3.1%.
Organic pigments refer to the pigments or colors based on carbon rings and carbon chains. However, they can also contain metallic (inorganic) elements which help in the stabilization of the properties of the organic component in organic pigments. Global organic pigments market is expected to rise with a CAGR of 5% during the forecast period 2019-2026.
An electroactive polymer (EAPs) is defined as an elastic polymer that can be modified into a flexible shape or size when it is stimulated by an electric field. These advanced materials can easily blend, expand and contract when the voltage is applied. The market is expected to have a CAGR of about 7.9% during the forecast period 2019-2026.
High impact polystyrene (HIPS) is a form of polystyrene blended with butadiene copolymer or rubber. Compared to normal plastics, HIPS offers excellent machinability and higher impact strength. These properties of HIPS make it an ideal candidate for application across various industry verticals including consumer goods and electronics, construction and others.
ACPs are extensively used for building facades or external cladding of buildings, signage and insulation. The global aluminum composite panels market is expected to grow at a CAGR of about 7.1% during forecast period 2019-2026. ACPs are recently been adopted as a backing material for mounting of fine art photography, with the use of acrylic finish by utilizing processes such as face-mounting and Diasec techniques.
Medium density fiberboard refers to engineered wood which comprises of wood fibers (softwood or hardwood) that are mixed with resin and wax. Compared to plywood MDF is denser than plywood which makes it ideal for building material application. The global market for medium density fiberboard is expected to witness a substantial growth growing with a CAGR of approximately 5% over the forecast period of 2019-2026.
Green cement is a cementitious matter that can be produced by using industrial waste such as mining, recycled concrete, power plant wastes, and quarrying wastes, burnt clay, and slag. The global green cement market to grow with CAGR of 11.3% during the forecast period 2017-2024. Government initiatives, stringent regulations on carbon emission from cement industry, growing construction activities and rapid urbanization are the major factors fueling global green cement market. Green cement helps in reducing carbon dioxide emissions, requires less energy in manufacturing process, and can be produced by using industrial waste. Such features are also expected to contribute towards the growth of the global green cement market.
Global antimicrobial textiles market refers to the market of antimicrobial agents that are incorporated into the textiles for various applications. Global antimicrobial textiles market is projected to rise at a CAGR of 7.9% over forecast period (2019-2026). Purposes served by antimicrobial fabrics include controlling micro-organisms, protection from viral infections caused by pathogenic bacteria, optimization of metabolism rate in microbes for reducing odour and retains textile material quality from staining, fading and quality deterioration.
Viscose sponges are recognized across the globe for their outstanding cleaning performance. The soft nevertheless extremely resistant material allows cleaning of surfaces such as metals, plastics or ceramics. Synthetic viscose sponge is applied to wipe surplus water off films earlier they are hung up to dry. The Global market for viscose sponges is anticipated to grow of around 6% during the forecast period (2019-2026).
Dinitrogen tetroxide is a planar chemical compound and a powerful oxidizer that is largely utilized as a rocket propellent and reagent and intermediate in chemical synthesis. Global dinitrogen tetroxide market is expected to rise with a CAGR of about 3.1% during the forecast year 2018-2026. The market is showing steady growth owing to rising adoption of dinitrogen tetroxide as an important rocket propellent that is mixed with hydrazine. Increasing space exploration activities by various space agencies across the globe is expected to surge the demand for rocket propellent fuel.
Complex oxide nanomaterials are a wide category of engineered nanomaterials that are finding wide applications in advancements related to medical implants, advanced electronics, aerospace etc. Global complex oxide nanomaterials market is expected to rise with a CAGR of 23.6% during the forecast years 2018-2026. Surging demand of nanomaterials in cosmetics and personal care products is driving the growth of global complex oxide nanomaterial market. Oxide based nanoparticles are largely utilized in cosmetic products mainly for UV filtering and active ingredient delivery.
Saturated polyester resins are used in powder coatings, automotive industry, industrial machineries, home appliances, domestic appliances, interior and exterior architectural applications, steel furniture and coating machinery, automotive paints, 2k Pu coatings, coil & can coatings, flexible packaging, and industrial paints. Saturated polyester resins are of two types, namely, liquid saturated polyester resins and solid saturated polyester resins.
The global noble gases market is expected to grow at the CAGR of 6.77% during 2016-2022. Noble gases are also known as aerogens or inert gases. They are non reactive, and are hugely used in non reactive applications. Six naturally occurring noble gases are helium, neon, argon, krypton, xenon and the radioactive radon. Noble gases are volatile in nature. Moreover, noble gases are colorless, tasteless, inflammable and odorless.
The global fluid management systems market has been expected to grow at the CAGR of 6.3% during the forecasted period 2016-2022 and it has been expected to reach $33.1 billion in terms of revenue by 2022. The growth is attributed to growing prevalence of diseases like cancer, gastro esophageal reflux disorder, obesity, neurology, laryngoscopy, cardiology etc. that requires endoscopic procedure and increasing geriatric population.
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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