MRFR

 The aluminum castings market has experienced substantial growth and development in recent years, driven by various factors such as increasing demand from end-use industries, advancements in casting technologies, and the inherent benefits of aluminum as a casting material. Aluminum castings are widely used in numerous industries, including automotive, aerospace, construction, and consumer goods, due to their exceptional strength, lightweight nature, and excellent corrosion resistance. One of the key drivers for the aluminum castings market is the booming automotive industry . Aluminum castings play a vital role in improving fuel efficiency and reducing vehicle weight, thus meeting the stringent emission regulations imposed by governments worldwide. The growing demand for electric and hybrid vehicles has further boosted the use of aluminum castings due to their ability to improve battery life and increase overall energy efficiency. The aerospace sector is another significant contribu

 The gas treatment market is a thriving industry that plays a crucial role in ensuring the purity, safety, and environmental compliance of gases used in various sectors, including oil and gas, power generation, chemicals, and manufacturing. Gas treatment involves the removal of impurities, contaminants, and pollutants from gases to meet quality standards and regulatory requirements. One of the key drivers of the gas treatment market is the increasing demand for clean energy sources. As the world transitions towards a low-carbon economy, the use of natural gas as a cleaner alternative to coal and oil has gained significant momentum. Gas treatment processes are employed to remove impurities such as sulfur compounds, carbon dioxide, and nitrogen from natural gas, enhancing its energy content and reducing environmental emissions. The oil and gas industry is a major consumer of gas treatment technologies. Gas treatment is essential in various upstream, midstream, and downstream operation

 The coating resins market is a thriving industry that plays a vital role in various sectors, including automotive, construction, packaging, and industrial applications. Coating resins are polymers that provide the necessary binding and film-forming properties in coating formulations. They enhance the durability, adhesion, and appearance of coatings, offering protection against corrosion, weathering, and other environmental factors. One of the key drivers of the coating resins market is the growing demand for coatings in the automotive industry. Coating resins are used in automotive coatings to provide an attractive finish, protect against harsh weather conditions, and improve scratch and chemical resistance. With the increasing production of vehicles and the demand for aesthetically pleasing and durable coatings, the demand for coating resins has witnessed significant growth. The construction industry is also a major consumer of coating resins. These resins are used in architectur

 The antimicrobial additives market is a rapidly growing industry that plays a crucial role in various sectors, including healthcare, packaging, textiles, and construction. Antimicrobial additives are substances incorporated into materials to inhibit the growth of microorganisms, such as bacteria, fungi, and viruses, providing an additional layer of protection against harmful pathogens. One of the key drivers of the antimicrobial additives market is the increasing focus on hygiene and infection control. With the rising awareness about the spread of infectious diseases and the importance of maintaining clean and safe environments, the demand for antimicrobial additives has surged. These additives are extensively used in healthcare settings, including hospitals, clinics, and laboratories, where they are incorporated into surfaces, medical devices, and equipment to prevent the growth and transmission of pathogens. The packaging industry is another significant consumer of antimicrobial

 The non-woven adhesive market is a rapidly expanding sector that plays a vital role in various industries, including automotive, hygiene, construction, and healthcare. Non-woven adhesives are specially formulated adhesives designed to bond non-woven fabrics, which are widely used in the manufacturing of disposable products, filtration materials, and medical supplies. One of the key drivers of the non-woven adhesive market is the increasing demand for disposable hygiene products. Non-woven adhesives are extensively used in the production of items such as baby diapers, adult incontinence products, feminine hygiene products, and medical dressings. These adhesives offer excellent bonding strength, flexibility, and resistance to fluids, ensuring reliable and comfortable end products. The automotive industry is also a significant consumer of non-woven adhesives. These adhesives are used for various applications in automotive interiors, such as headliners, carpets, seat covers, and trunk

 The iodine market is a dynamic and rapidly growing industry that plays a crucial role in various sectors, including pharmaceuticals, healthcare, agriculture, and electronics. Iodine, a chemical element with unique properties, is widely used in different forms, such as iodine compounds, iodine derivatives, and iodine salts. One of the key drivers of the iodine market is the increasing demand for iodine in the healthcare and pharmaceutical industries. Iodine is an essential nutrient for the human body and is widely used in the production of iodine-based drugs, disinfectants, and antiseptics. It is particularly important in the treatment and prevention of thyroid-related disorders, as iodine is a vital component of thyroid hormones. The growing awareness about the importance of iodine in maintaining thyroid health and overall well-being has resulted in a rising demand for iodine supplements and medications. The agricultural sector is another significant consumer of iodine. Iodine is u

 The global industrial adhesive market is expected to grow at a CAGR of 6.7% from 2022 to 2030. The growth of the market is driven by the increasing demand for adhesives in various end-use industries, such as automotive, construction, packaging, and electronics. Adhesives are used to bond a variety of materials, including metals, plastics, and wood. They are used in a wide range of applications, such as assembling components in the automotive industry, sealing joints in the construction industry, and attaching labels to packaging. The increasing demand for adhesives in various end-use industries is the major driver of the global industrial adhesive market. The automotive industry is one of the major end-use industries for adhesives. Adhesives are used to bond a variety of components in automobiles, such as bumpers, doors, and seats. The construction industry is another major end-use industry for adhesives. Adhesives are used to seal joints in buildings and to attach tiles and othe

 The fiber cement market is a thriving sector within the construction industry, offering a versatile and durable building material for various applications. Fiber cement is a composite material composed of cement, cellulose fibers, and other additives. It is known for its strength, resistance to fire, moisture, and pests, as well as its aesthetic appeal. One of the primary drivers of the fiber cement market is its extensive use in the siding and roofing applications. Fiber cement siding is highly popular due to its ability to mimic the appearance of traditional materials such as wood, while offering superior durability and low maintenance. It provides protection against harsh weather conditions, including wind, rain, and UV radiation. Similarly, fiber cement roofing offers excellent resistance to fire, impact, and weathering, making it a preferred choice for residential and commercial buildings. Another significant application of fiber cement is in the construction of facades and c

 The silanes market is a rapidly growing sector within the chemical industry, driven by a wide range of applications across various end-use industries. Silanes are a group of chemical compounds that contain silicon and hydrogen atoms, often used as coupling agents, adhesion promoters, and surface modifiers. One of the key drivers of the silanes market is the increasing demand from the construction industry. Silanes are widely used as adhesion promoters in construction materials, such as sealants, adhesives, and coatings. They enhance the bond strength between different materials, improve durability, and provide resistance against moisture and other environmental factors. With the growing construction activities worldwide, particularly in emerging economies, the demand for silanes in the construction sector is expected to witness significant growth. The automotive industry is another major consumer of silanes. Silanes are utilized as coupling agents in the production of tires and r

 The polysilicon market is a key segment within the global solar energy industry, serving as a crucial raw material for the production of solar panels. Polysilicon, also known as polycrystalline silicon, is a highly pure form of silicon with a crystalline structure. It is primarily used in the manufacturing of photovoltaic (PV) cells, which convert sunlight into electricity. One of the primary drivers of the polysilicon market is the increasing demand for solar energy. With the growing global focus on renewable energy sources and the need to reduce greenhouse gas emissions, solar power has emerged as a promising solution. Polysilicon is a critical component in solar panels, forming the foundation for the production of PV cells. As the demand for solar panels continues to rise, driven by supportive government policies, declining costs, and environmental concerns, the polysilicon market is expected to witness significant growth. The polysilicon market is also influenced by technologic

 The formulation additives market is a dynamic and expanding sector that plays a vital role in various industries, including paints and coatings, adhesives, plastics, and printing inks. Formulation additives are substances added to formulations or products to improve their performance, enhance their properties, or facilitate their manufacturing process. One of the key drivers of the formulation additives market is the growing demand for high-quality paints and coatings. These additives are used to enhance the characteristics of paints and coatings, such as improving their durability, weather resistance, and gloss retention. With the increasing focus on aesthetics, durability, and sustainability in the construction and automotive sectors, the demand for formulation additives in paints and coatings is expected to witness significant growth. Another significant application of formulation additives is in the adhesives and sealants industry. These additives are employed to enhance the a

 The antimony market is a critical sector in the global economy, playing a vital role in various industries such as electronics, flame retardants, and batteries. Antimony is a chemical element with the symbol Sb and atomic number 51. It is a brittle, silvery-white metalloid that is found naturally in the Earth's crust. One of the primary drivers of the antimony market is its extensive use in the production of flame retardants. Antimony compounds are added to materials such as plastics , textiles, and electronics to enhance their fire resistance properties. With the increasing awareness of fire safety regulations and the growing demand for fire-resistant materials, the demand for antimony in flame retardants is expected to rise steadily. Another significant application of antimony is in the manufacturing of lead-acid batteries. Antimony is alloyed with lead to improve the battery's performance, durability, and charge retention. Lead-acid batteries are widely used in automotiv

 The silicone elastomers market has been experiencing significant growth in recent years, driven by the increasing demand for high-performance materials in various industries. Silicone elastomers, also known as silicone rubber, are synthetic polymers with excellent elasticity, flexibility, and heat resistance. They are widely used in applications where durability, temperature stability, electrical insulation, and weather resistance are critical. One of the key drivers of the silicone elastomers market is the growing demand from the automotive industry. Silicone elastomers find extensive use in automotive components and systems due to their exceptional properties. They are used in gaskets, seals, O-rings, hoses, and vibration dampers, where they provide reliable sealing, protection against harsh environments, and long-lasting performance. With the increasing production of vehicles and the growing demand for lightweight materials, the automotive industry has become a major consumer of

  Vulcanized Fiber Market Market Overview There have been a lot of market developments as per the industry analysis of the global vulcanized fiber market . Many industries around the world have invested a hefty amount of money in the Vulcanized Fiber industry owing to the high increase in vulcanized fiber-made products. There has been a drastic lifestyle change in recent years due to numerous market factors that are making people grow familiar with the fiber textile power looms and creating a market for Vulcanized Fiber. The Vulcanized Fiber Market is expected to reach 1795.9 million USD by the end of the forecast period in 2028. The Vulcanized Fiber Market Research report forecasts that the market is expected to grow at a CAGR of 4.62%. Vulcanized Fiber market   is like a cellulose-based paperboard insulation material that has high-level electrical insulating properties. Vulcanized Fiber, as a prominent part of the market, has high resistance towards heat and cold, high mechanical

Market Overview Market Research Future (MRFR) studied the global petrochemicals market 2021 along the review period till 2030. As per MRFR evaluation, the petrochemicals market is set to rise at 8.06% CAGR by 2030. On the conclusion of the study tenure, the petrochemicals market value is likely to value USD 943.5 Bn. The expansion of the petrochemical market can be attributed to the surge in demand for different type of petrochemicals products in the end-use industries. The expansion of petrochemical industry can also be led by the increasing demand for downstream goods in the end-use industries and increase in capacity of the base chemical field. The surge in application of petrochemicals in progressive sectors, such as; agriculture, aviation, food beverage, building construction, healthcare, electrical electronics, and automotive can add to the market rise. The economic regression and increase in the demand for plastic goods has gradually decreased the need for petrochemical product

  Market Overview Engineered fluids (fluorinated oils) are also known as perfluoropolyether (PFPE). They are a type of lubricant used to provide high-performance applications in extreme heat. They offer excellent features such as electrical, thermal, and chemical resistance; non-flammable; non-reactive to metal, plastic, rubber, and elastomers; non-toxic and environment-friendly. Electronic coolants are extensively used as engineered fluids for high-temperature applications in semiconductors, which is expected to fuel the demand for the product during the forecast period. Market Segmentation The global  engineered fluids market  has been segmented on the basis of application and region. On the basis of application, the global engineered fluids (fluorinated oils) market has been categorized into automotive, aerospace and military, oil gas, chemical processing, electricals electronics, food processing machinery, and others. The electrical electronics is the largest application segmen

  Market Analysis The global fatty alcohol market is predicted to reach a great CAGR over the forecast period, as per the latest Market Research Future (MRFR) report. Fatty alcohols are straight-chain, high-molecular-weight primary alcohols. It is a cost-effective substitute for petrochemicals as it is biodegradable. Cetyl alcohol, behenyl alcohol, lauryl alcohol, stearyl alcohol, and myristal alcohol are some of its common categories. Fatty alcohols are widely used in the production of detergents in the form of nonionic surfactants owing to their amphipathic nature. Besides, it also finds wide application in personal care products and cosmetics, pharmaceuticals, plasticizers, lubricants, and food. Various factors are propelling the fatty alcohol market growth. These factors, in accordance with the MRFR report, include growing demand for sustainable and biodegradable products, growing concerns about the impact of petrochemicals on the environment, growing demand for hygiene products

  Market Overview According to the latest updates, the global adiponitrile market is anticipated to grow at a significant CAGR of 5.5% during the forecast period 2023–2027. Adiponitrile is also called hexamethylenediamine which is a colorless organic liquid compound that has the molecular formula C8H8N2. Due to its high mechanical strength, it is preferred in the conveyor belt, nylon 66, electro insulating elements, and carpet fibers. It is used as an intermediator in the manufacturing process of corrosion inhibitors and rubber accelerators to a less extent. DuPont discovers the common industrial route that involves nickel-catalyzed hydrocyanation of butadiene to produce adiponitrile. Nylon 6–6 is fabricated by hydrogenating adiponitrile. It is lightweight and waterproof which makes it suitable for swim-wear. This is a good substitute for Nylon 6 that is used in various applications like automotive, ropes, musical instrument strings, tire cords, and others. Adiponitrile is also used

  Market Analysis The hybrid fabric market projected to touch USD 420 million at a 9.1% CAGR between 2020–2027, reveals the new Market Research Future (MRFR) report. A hybrid fabric, simply put, is a fabric that has the combination of Kevlar, yarn, and carbon in different proportions for warp and weft. Owing to its alluring features such as reduce cost, low aerial weights, and improved resistance, it is preferred over other fabrics and has wide applications in automotive and transportation, sporting and recreational, and other types of consumer goods industries. Numerous factors are adding to the hybrid fabric market demand. Such factors, as revealed by the latest MRFR report, include the growing demand for hybrid fabrics from sports and recreational industries, wind energy, automotive, and transportation industries, technological advances, its beneficial features such as robustness and ability to reduce item weight, and rising preference of hybrid fabric for changing fashion trends

Market Scope Polyoxymethylene (POM) market 2021 is all set to record a decent CAGR over the forecast period (2021 to 2028), to touch more than USD 7.6 billion by 2028, says MRFR (Market Research Future). We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak. Top Impacting Factors and Barriers As an engineering thermoplastic, polyoxymethylene has a number of appealing properties that include excellent strength, high fatigue, high dimensional stability and impact resistance. These properties have boosted the use of POM across several end-use industries, primarily in light weight metal replacing applications. Given the ability to replace metals in various light weight applications, the thermoplastic has successfully penetrated multiple industries such as industrial and transportation. Considering these favorable factors, it can be assumed that the polyoxymethylene market could gain consi

  Market Overview The global polycaprolactone market is expected to witness significant growth during the forecast period owing to its extensive use in the production of thermoplastic polyurethane. Likewise, thermoplastic polyurethane is widely used in end-use industries such as construction, automotive, packaging, and electronics, and the growth of these industries across the globe is as a result expected to boost the demand for polycaprolactone and growth of the global market during the forecast period. Market Segmentation The global   polycaprolactone market has been segmented based on form, production method, application, and region. By form, the global market is segmented into pellets, nanosphere, and microsphere. Among these, the pellets are expected to be the leading segment in the global market as it becomes transparent and pliable as silly putty, after melting at nearly 140°C. Additionally, it can be shaped, re-melted, and reformed as well as can be cut, drilled, and fill