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Showing posts from April, 2021

Vacuum Insulation Panel Market is Expected to Show a Significant Growth During the Forecast Period 2021 – 2024

The global Vacuum Insulation Panel Market size is expected to value at USD 9.07 billion by 2024. The vacuum insulation panel industry is subject to witness a substantial growth due to the rising construction spending in the both developed & developing economies across the globe. Increasing demand for vacuum insulation panels is currently attributed to its superior properties such as thermal resistance, particularly as compared to the traditional insulation materials. Globally, the vacuum insulation panel market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market. Vacuum insulation panels are considered as vital elements for various construction applications due to their superior thermal resistance properties, thus largely positively affecting market growth over the forecast period. Stringent laws & regulations in regards to energy conservation by government autho...

Hand Dryers Market Growth Factors and Share by Manufacturer 2021-2024

The global Hand Dryers Market size is expected to value at USD 1.59 billion by 2024 . The market is subject to witness a substantial growth due to the growing adoption in various end-user industries such as hotels and restaurants, office buildings, educational institutes, shopping & commercial complex and multiplexes, railway station, and airports. In addition, environmental and economic advantages offered by hand dryers are expected to drive market demand for automated hand dryers. Additionally, factors responsible for robust growth in the hand dryers include growing demand for better hygiene in both residential and commercial applications and increasing need for cost-effective cleaning solutions. Introduction of automated and programmed hand dryers has led to development of work-efficient solutions, thereby propelling market growth, in the recent years. Globally, the hand dryers industry is predicted to grow at CAGR of 14.0% in the forecast period , providing numerous opportu...

Europe polyurethane (PU) Market Competitive Landscape and Strategy Analysis from 2021-2024

The Europe polyurethane (PU) Market size is expected to value at USD 26.24 billion by 2024. The Europe polyurethane (PU) industry is subject to witness a substantial growth due to the stringent laws & regulations in regards to energy efficiency and carbon emission reduction. Rising investment by developed economies across Europe such as UK, Germany, Poland, and Sweden is expected to boost market growth over the forecast period. The Europe polyurethane market is predicted to grow at CAGR of 3.8% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market. Polyethylene is largely used to produce polyurethane (PU) foam and structural foam, which is majorly used in various construction activities. Growing popularity of the polyethylene foam is credited to the factors such as lightweight, durability, heat resistance, and a closed-cell material composition. Polyethylene is widely used in the packaging of delicate pr...

Electronic Materials and Chemicals Market Share, Growth, Region Wise Analysis of Top Players and Forecasts 2024

The global Electronic Materials and Chemicals Market size is expected to value at USD 81.05 billion by 2024. The market is subject to witness a substantial growth due to the growing demand from manufacturing sector for production of semiconductors, flat panel displays, and photolithographic printing. In addition, declining cost of electronic equipment and improved standards of living across the globe are expected to fuel the market growth of electronic materials and chemicals over the forecast period. Massive demand for semiconductors materials in manufacturing of mobile phones, electronic chips and integrated circuits is anticipated to foster market growth in the upcoming years. Globally, the electronic materials and chemicals industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market. Request a Sample Copy of Electronic Materials and Chemicals Market Report @ https...

Corrosion Protective Coatings Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2021 – 2024

Global Corrosion Protective Coatings Market is estimated to grow significantly in the forecast period owing to its wide applications in industries like marine, oil & gas, automotive, etc. Corrosion protective coatings are available in the form of powder coatings or paints, which are applied to steel to offer protection from corrosion, abrasion, chemical, thermal and ultraviolet degradation. They are used in areas of extreme environments like salt water, heat or any kind of severe climatic conditions. Corrosion protective coatings industry is driven by wide application of the product in several end use industries. Emerging economies of Asia Pacific region are using corrosion protective coatings for defense sectors like navy (ships). Investments for the same is witnessing progress over the recent years. These factors are expected to drive corrosion protective coatings market substantially in the near future. Implementation of strict government policies is impelling research and de...

Smart Parking System Market Outlook, Top Manufacturer and Supply Chain Analysis 2021 – 2024

Global Smart Parking System Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. The smart parking system is a parking strategy that use sensing devices to determine occupancy at the space level. It uses sensor technology, smart navigation mobile application, variable road message signs, and flexible payment systems to direct drivers in urban areas. The factors that are playing a major role in the growth of smart parking system market are rising demand from customers for enhanced passenger and vehicle safety systems in passenger cars, limited space availability, and increasing number of accidents during reversing vehicles out of parking. However, the high cost of implementation may restrain overall market growth in the years to come. Smart parking systems market is segmented based on system type, sensor technology, components, vertical, solutions, and region. Request a Sample Copy of Smar...

Cosmetic Preservative Market Forecast, Size and Gross Margin Analysis by 2024

The global Cosmetic Preservative Market size is expected to value at USD 458.8 million by 2024 . The market is subject to witness a substantial growth due to the shifting trend towards use of natural cosmetic products. High-end demand from Asia Pacific region, particularly from countries such as India, South Korea and China is expected to fuel market growth over the forecast period. Preservatives are considered as a vital ingredient of cosmetics products due to minimize adverse effects caused by microorganisms. Additionally, preservatives help to curb contamination in case of the product utilization. Preservatives also help to enhance shelf life of the cosmetic product. These factors are expected to fuel the growth of cosmetic preservative industry over the forecast period. Globally, the cosmetic preservative market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market. Shi...

Chelating Agents Market Status, Key Vendors Analysis and Regional Outlook 2021-2024

Global Chelating Agents Market is expected to reach USD 5.17 billion by 2024 . Chelating agents are also termed as sequestering, chelants or chelators agents; which are chemical compounds that react with metal ions to form water-soluble, stable metal complexes. Its molecules may form several bonds to a single metal ion. It is exclusively used for corrosion control, in medicines, water treatment. The chelating agent market is estimated to grow at a significant CAGR of 3.1% over the forecast period as the scope and its applications are rising enormously across the globe. The factors that are playing a major role in the growth of chelating agents market are rising awareness regarding water treatment, growing use of biodegradable chelating agents, and high demand from end users like cleaners & detergents. However, ecotoxicological risk regarding conventional chelating agents may restrain overall market growth in the years to come. Chelating agent market is segmented based on type, a...

Breast Biopsy Devices Market Outlook to 2024: Top Manufacturer Analysis, Industry Overview and Forecast Report

Global Breast Biopsy Devices Market is expected to grow considerably in the forecast period owing to increase in number of breast cancer patients along with growing demand for minimally invasive surgeries. Breast biopsy is the process of identifying suspicious part of tissue or fluid in the breast to determine breast cancer. The procedure works in combination with guiding system, to locate abnormality in the breast and aids in the treatment. Breast biopsy device market is driven by factors like increasing level of awareness for breast cancer, growing number of screening programs, increase in ageing female population and technological advances in the breast imaging equipment. Furthermore, governments of emerging economies are actively initiating public awareness programs for diagnosing and treating breast cancers. However, the market growth of breast biopsy device is expected to encounter growth challenges due to the lack of competent professionals, significant costs and risk of infe...

Automotive Adhesive Tapes Market Geographic Segmentation, Analysis by Types and Regions and Forecast to 2024

Global Automotive Adhesive Tapes Market is anticipated to grow significantly in the forecast period owing to the rise in demand for the product. Automotive adhesive tapes are widely used in the automotive segment to assemble the components. These tapes provide structural strength that have the potential of replacing several mechanical fasteners. They shorten assembly time, exclude the need for surface refinishing, offer uniform thickness and gap filling characteristics and improve manufacturing flexibility. Automotive adhesive tape market is driven by increasing application in multiple areas of automobile manufacturing and rapid growth in the automobile industry. Moreover, automotive adhesive tapes are comparatively cheap than mechanical fasteners, which paves the market growth of automotive adhesive tapes. The market witnesses the trend of replacing mechanical fasteners with automotive adhesive tapes due to increase in demand for light-weight automobiles. However, growing concerns ...