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Showing posts from February, 2025

Nanomaterials Market - Forecast(2025 - 2031)

  Nanomaterials Market Size is estimated to reach  21,159.58 Million by 2030, growing at a CAGR of 12.01%during the forecast period 2024-2030.  Nanomaterials comprise one external dimension accounting for 100 nanometers (nm) with an internal dimension measuring 100 nm or less.  Nanomaterials are utilized in a range of applications such as  textile , medical and healthcare, electronics, construction and many others. According to the U.S. Bureau of Economic Analysis, the output of textile manufacturing in the U.S. in 2019 was US$18.79 billion which was 23.8% more than the numbers in 2009. Thus, the growth in such end-use industries is boosting its market growth. Plenty of nanomaterial- and nanotechnology-related applications have been developed during the past few years. Carbon-based nanomaterials include graphene, fullerenes, carbon nanotubes and many others. Graphene has emerged as a significant Nanomaterial that can be used in sensors,...

Bitumen Market-By Product Type, By Application ; & By Geography - Forecast 2024-2030

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  Bitumen Market is forecast to reach  $ 154.57 billion by 2030,   after growing at a   CAGR of 3.56% during 2024-2030.   Bitumen is widely used as a binding organic material, made from the by-products of refined crude oil and soluble in   carbon disulfide . It is a crucial component of the asphalt, which is used to build roads, streets, and other parts of the infrastructure. The global demand for bitumen is rising due to the growing usage of bitumen in road construction, as it is easy to produce, non-toxic, and reusable. The bitumen industry is witnessing significant growth, driven by a surge in road construction activities across the globe. The versatility of bitumen in surfacing and paving applications contributes to its extensive usage in infrastructure development. The market trend reflects a rapid expansion in road construction projects, where bitumen proves to be an essential material. The ease of production and the environmentally friendly aspects ...

Coated Glass Market - Forecast(2025 - 2031)

  Coated Glass Market size is forecast to reach $46.80 billion by 2025, after growing at a CAGR of 9.12% during 2020-2025. Coatings improve the properties of reflection, transmission & absorption and have scratch & corrosive resistance owing to which coated glass has experienced rising demand from all the manufacturing processes of automobiles. The rising emphasis on increasing the energy efficiency of buildings across the globe is estimated to be the key driver of market growth. Also, coated glass due to its commercial glazing provides superior performance in solar control over transparent or tinted glass products; hence it is expected to drive the growth of the coated glass industry in the forecast period. 🔗  𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅  𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 Report Coverage The: “Coated Glass Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Coated Glass Industry. By Coating Type:  Online Coatings...

Pressure Sensitive Adhesive Tapes Market - Forecast(2025 - 2031)

  Pressure Sensitive Adhesive Tapes Market size is forecast   to reach $8.2 billion   by 2026, after growing   at a CAGR of 5.2%   during 2021-2026. Pressure Sensitive Adhesive Tapes (PSA) are the flexible strip of cloth, paper, and plastic coated with permanently tacky adhesive at room temperature. Surging use of Pressure Sensitive Adhesive Tapes based on the ethylene-vinyl acetate, non-reactive adhesive, and Polyvinyl Chloride Tapes across various end-use industries like medical & healthcare, packaging, electrical & electronics, transportation, and construction is expected to drive the PSA market during the forecast period. Whereas, the developing aviation sector in the emerging country like China and India are also driving the growth of this market. Increasing construction activities in the Middle East region, especially in the United Arab Emirates and Saudi Arabia are also contributing to the growth of the Pressure Sensitive Adhesive Tapes share glob...

Flooring Market - Forecast(2025 - 2031)

  Flooring Market size is forecast to reach  US$ 252.0 billion   by 2026, after growing  at a CAGR of 6.1%   during 2021-2026. Growth of the flooring market is mainly attributed to its wide-ranging applications across various residential and   construction   sectors. Growing demand for flooring material in the rising residential sector is anticipated to drive the growth of the market. Additionally, the growing demand for hard flooring, which has alluring properties such as being more useful, easy to use, and install in remodeling and renovation projects, is expected to boost the flooring industry. Furthermore, increasing government investments in the upcoming construction industry growth in the coming years is estimated to upsurge the flooring industry over the forecast period. 🔗  𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅  𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕   Impact of Covid-19 The COVID-19 outbreak led to major economic problems and challenges for the residential...

Chromium Market - Forecast(2025 - 2031)

  The Chromium Market size is  forecast to reach US$ 15.7 billion  by 2027,  after growing at a CAGR of 2.6%  during the forecast period 2022-2027.  Chromium can be used in a wide range of applications which include metal ceramics, chrome plating, refractory materials, dyes and paints, synthetic rubies, along with alloys such as ferrochromium,  stainless steel,  and other applications. Ferrochromium alloy is produced from chromite through silicothermic or aluminothermic reactions with chromium metal. According to the International Organization of Motor Vehicle Manufacturers (OICA), the total global automobile production reached 80.2 billion units in 2021, an increase of 3% as compared to 77.7 billion units in 2020.  Chromium is commonly used for electroplating and conversion coatings in the exterior and interior of automobile parts such as steering wheel trims, gear shifts, license plate frames, bumpers, headlights, and other similar parts. L...