The global coating additives market is expected to expand at single-digit CAGR and will surpass a valuation of US$ 8,851 Mn over the forecast period (2017-2022). A significant growth has been observed in the use of coatings additives in painting of surfaces that are exposed to external issues such as decaying caused by chemicals, abrasion, biocides and high temperature
The international market of Biophotonics is anticipated to reach US$ 59.7 billion of market valuation by 2020 end, exhibiting a CAGR of 11.3% during the forecast period.
A recently published report by Research Report Insights (RRI), reveals that market for flexible glass in Asia Pacific is set to surge at a staggering CAGR of 36.5% between 2014 and 2020 to reach valuation in excess of US$ 600 Mn. Development of displays with higher flexibility threshold is expected to reflect favourably on the flexible glass market in the Asia Pacific in the forthcoming years
The long-term outlook on the global Butyl Rubber market will remain positive, with the market value expected to increase at a CAGR of 4.7% during the forecast period 2017 – 2025. According to the product types, the halogenated butyl rubber segmentis expected to expand at a significant CAGR in terms of values& volume during the period.Based on application, tires and tubes segment is expected to witness a healthy CAGR in terms of volumes and valuesduring the forecast period.
Surge in need for desulphurisation of gases and extraction of pure hydrocarbons in various industrial process has revved up demand for n-methyl-2-pyrrolidone significantly. In addition, due to increasing need for photoresist stripping, n-methyl-2-pyrrolidone witnesses surge in demand among the manufacturers operating in the electronics industry.
The global 2-Ethylhexanolmarket is estimated to be driven by a growing demand from the rapidly growingcoatings & paints and chemical intermediates & solvents segments. Progress pertaining to increase in construction activity– in the form of new build constructions as well as repair and maintenance activity is expected to result in the demand rise of plasticizers, and subsequently 2-Ethylhexanol.
Global consumption of sodium metal was estimated to the tune of 98,400 MT in 2016. It is projected that demand will grow at a CAGR of 3.3% through 2024 and surpass 127,400 MT. The sluggish demand for sodium metal is on account of a slew of factors, including its impact on the environment and growing use of alternatives, such as magnesium.
Countries across the globe are facing significant concerns related to terrorism, civil wars and armed conflicts between law enforcement agencies and anti-national groups. Numerous governments are striving extensively to tackle such situation peacefully. However, in certain situations, harsh steps are needed to be taken such as use of fire arms in favor of national security.
Electrical conduit pipes are thick tubes and made of coated steel, stainless steel and aluminum. These are used to give the mechanical strength in addition to flexibility, high resistance and durability features.
The lead acid battery market in Asia Pacific is anticipated to grow at a CAGR of more than 4.9% during the forecast period owing to the presence of a large manufacturing & recycling base, favorable government regulations, development in automotive and industrial sectors, and increase in focus on research and development activities.
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