MRFR

  Lithium Market Overview: Lithium can be defined as a low-density metal that finds application in both inorganic and organic reactants. Lithium can be found with other compounds in brine pools and igneous rock. Its high density enables it to store substantial power within a very limited space. Its applications cover myriad sectors like ceramics, lithium soaps, fire-viewing windows for fireplaces, air-conditioners, lubricating greases, and batteries. Its use as power storage unit for portable electronic devices, smartphones, and electric vehicles can impact the market growth. Market Research Future’s (MRFR’s) take on the global  lithium market  reveals a possibility of crossing USD 6.62 billion valuation by the end of 2028 with a CAGR of over 10.6%. One of the major market drivers is the electric vehicles that includes diverse types like pure battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs). It finds application as lithium

  The water repellant agent market is witnessing the rising demand, globally. Extensive demand for water-repellant coatings from some of the burgeoning industries, including construction, automobile, furniture upholstery, leather, and medical products, is a key driving force pushing the market growth. Moreover, rising economic conditions and rapid urbanizations, especially in developing regions, have escalated this market on a global platform. Market Research Future (MRFR), in its recently published study report, asserts that the global  water repellant agent market  is estimated to garner exponential accruals by 2030. MRFR also confirms that the market would register a modest CAGR during the forecasted period (2020- 2030). Increasing numbers of textile manufacturing units in emerging markets alongside the augmenting demand for waterproof automotive components provide a massive impetus to the growth of the market. Additionally, increasing construction infrastructure development activit

  Market Overview: Battery materials are essential components used in manufacturing primary and secondary batteries. These batteries, in turn, have major applications in end-use industries such as automobiles, electronics, electrical grids, and power storages. Batteries have much lower specific energy than common fuels such as gasoline. Some of the prominent factors that positively influence the growth of the  battery materials market  are increasing demand for batteries from automobile industries, rising demand for electronic gadgets, and increasing urbanization. Increasing urbanization along with rising per capita disposable income in developed and emerging economies are predicted to drive the growth of the market over the forecast period, 2022 to 2030. Additionally, high adoption rate along with the increasing number of power plants to meet the energy requirement for the ever-growing population is driving the market. Moreover, continuous expansion of automotive sector as well as shi

  Market Scope Market Research Future (MRFR) studied the global gelcoat market 2021 in the analysis period till 2027. As per MRFR study, the global gelcoat market is expected to rise at 7.6% CAGR during the forecast tenure. By 2027, the market of gelcoat market value is likely to touch USD 1.1 Bn. Market Drivers and Restraints The growing utility of gelcoat in fiber-reinforced plastics to offer better protective layers can benefit the gelcoat market in the approaching years. The aesthetic appeal offered by gelcoat due to its composition that contains pigment, resin, and filler, can favor the  gelcoat market  in the review tenure. The availability of different types of resins that are used in the formulation of gelcoat, such as; epoxy, polyester, and vinyl ester, is likely to prompt the growth of the gelcoat market in the years to come. The rise in awareness about unique characteristics and properties of gelcoat, such as; prevention against UV degradation and resistance against corrosio

  Market Scope Market Research Future (MRFR) studied the global optical ceramics market 2021 for the analysis period till 2030. As per MRFR study, the global optical ceramics market is likely to rise at 12.4% CAGR over the evaluation period. By 2030, the optical ceramics market value is expected to reached USD 603.4 Mn. Drivers and Restrains Impacting Optical Ceramics Market The expansion of the global  optical ceramics market  can be driven by the rise in demand for material with properties, such as; high stiffness and high-temperature resistance, by the defense and aerospace industry, along with the increase in demand for substitutes of metals, glass, and plastics. Optical ceramics are reputed as advanced industrial materials that have applications in bar-code readers that are used in infrared radome, supermarkets, and laser windows among others. Optical ceramics are transparent polycrystalline materials that are made of ceramic fabrication methods and can act as better substituent f

  Lithium Market Overview: Lithium can be defined as a low-density metal that finds application in both inorganic and organic reactants. Lithium can be found with other compounds in brine pools and igneous rock. Its high density enables it to store substantial power within a very limited space. Its applications cover myriad sectors like ceramics, lithium soaps, fire-viewing windows for fireplaces, air-conditioners, lubricating greases, and batteries. Its use as power storage unit for portable electronic devices, smartphones, and electric vehicles can impact the market growth. Market Research Future’s (MRFR’s) take on the global  lithium market  reveals a possibility of crossing USD 6.62 billion valuation by the end of 2028 with a CAGR of over 10.6%. One of the major market drivers is the electric vehicles that includes diverse types like pure battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs). It finds application as lithium

  Market Overview As per the recent updates, the global industrial solvents market size is expected to grow at a significant share of 6.1% CAGR during the forecast period 2021–2028. A solvent is a substance that is used to dissolve the solutes to form a solution and is used to transform the substance into a suitable form depending on the application. Generally, industrial solvents are in liquid form and are available in gaseous and solid forms. These solvents are used in the production of different products and chemicals. These are used in various applications like chemical, sealants, adhesives, printing inks, pharmaceuticals, oil gas industries. In addition to that, it is also used in purification and chemical synthesis. Industrial solvents are the major product used in various end-use industries for different applications. Due to the rapid industrialization in the emerging economies, the demand for  industrial solvents market  is enhanced. Introducing eco-friendly solvents is expecte

  Market Summary The global demand for basalt fiber has witnessed significant growth over the past couple of years, owing to the increasing demand for high-performance applications particularly in the end-use industries such as automotive and aerospace defense. The market for basalt fiber is expected to register a CAGR of 10.5% to reach USD 544.3 Million by 2028. Segment Analysis The global  basalt fiber market  has been segmented based on form, product type, end-use industry, and region. Based on form, basalt fiber market has been divided into continuous and discrete. The continuous basalt fiber segment is projected to account for three-fourths of the global basalt fiber market. These fibers are widely used across the automotive and construction industries, as they are stronger and more environment-friendly than discrete basalt fiber. The demand of continuous basalt fibers in the electrical and electronic industry is expected to expand at a rapid pace during the forecast period. Furth