Non-Biodegradable Plastics to Lead Bioplastics & Biopolymers Market During Forecast Period

In recent years, there has been a growing awareness that the use of non-biodegradable plastics is leading to large amounts of plastic waste accumulating in landfills and oceans. Recognizing the need to find new ways to recycle and reduce the use of these harmful materials, researchers have been working on finding alternatives to conventional plastics.Continue reading “Non-Biodegradable Plastics to Lead Bioplastics & Biopolymers Market During Forecast Period”

Emerson Electric Co. (US) and Carrier (US), Danfoss (Denmark) are the Major Players in the Condensing Unit Market

The condensing unit market is projected to grow from USD 39.0 billion in 2022 to USD 57.1 billion by 2027, at a CAGR of 7.9% from 2022 to 2027. Condensing units are used in applications where there is a need to control the temperature, such as heat pumps, chillers, air conditioners, and refrigerators, among others.Continue reading “Emerson Electric Co. (US) and Carrier (US), Danfoss (Denmark) are the Major Players in the Condensing Unit Market”

Oil & gas accounted for the largest market share in the global carbon capture, utilization, and storage market

The global carbon capture, utilization, and storage market size is expected to grow from USD 1.6 billion in 2020 to USD 3.5 billion by 2025, at a CAGR of 17.0% during the forecast period. The carbon capture, utilization, and storage market are growing due to the increasing usage of CCSU systems in the oil &Continue reading “Oil & gas accounted for the largest market share in the global carbon capture, utilization, and storage market”

Ingersoll Rand (US) and Atlas Copco (Sweden) are Leading Players in the Liquid Ring Vacuum Pumps Market

The liquid ring vacuum pumps market size was USD 1.8 billion in 2020 and is projected to reach USD 2.4 billion by 2026, at a CAGR of 5.5% from 2021 to 2026, owing to rising gas transportation sector. The oil & gas segment is the biggest application for liquid ring vacuum pumps. The growing investments inContinue reading “Ingersoll Rand (US) and Atlas Copco (Sweden) are Leading Players in the Liquid Ring Vacuum Pumps Market”

Emerging applications in pharmaceutical & healthcare industries drives the Market growth of Silane Coupling Agents

The global silane coupling agents market size is estimated to grow from USD 1.2 billion in 2021 to USD 1.6 billion by 2026, at a CAGR of 5.5% during the forecast period. The driving factors for the silane coupling agents market is increasing penetration of silane coupling agents in the automotive & transportation, building &Continue reading “Emerging applications in pharmaceutical & healthcare industries drives the Market growth of Silane Coupling Agents”

Increased demand for frozen food and pharmaceutical industries driving the Market for Refrigeration Oil

The refrigeration oil market size is projected to reach USD 1.4 billion by 2026 from USD 1.1 billion in 2021, at a CAGR of 4.1%. This growth is primarily triggered by the increasing demand from the refrigerator & freezer, air conditioner, and automotive AC system applications. APAC is the largest refrigeration oil market due toContinue reading “Increased demand for frozen food and pharmaceutical industries driving the Market for Refrigeration Oil”

Atkore International Group Inc. (US) and Hubbell Incorporated (US) are the Key Players in the Electrical Conduit Market

The global electrical conduit market is estimated to be USD 6.5 billion in 2021 and is projected to reach USD 9.1 billion by 2026, at a CAGR of 6.9% from 2021 to 2026. The driving factors for the electrical conduit market is rapid pace of industrialization and urbanization, and rise in demand for electricity orContinue reading “Atkore International Group Inc. (US) and Hubbell Incorporated (US) are the Key Players in the Electrical Conduit Market”

General Electric Company (US) and Doosan Lentjes GmbH (Germany) are Leading Players in the Flue Gas Desulfurization Systems Market

The FGD systems market is projected to grow from USD 17.7 billion in 2020 to USD 23.1 billion by 2025, at a CAGR of 5.5% from 2020 to 2025. The Asia Pacific region dominated the FGD system market in 2019. The major driver for the growth of the market in this region is the growthContinue reading “General Electric Company (US) and Doosan Lentjes GmbH (Germany) are Leading Players in the Flue Gas Desulfurization Systems Market”

Paints & coatings is the largest application in the polymer emulsion market

The global polymer emulsion market size is projected to grow from an estimated value of USD 25.2 billion in 2020 to USD 38.1 billion by 2025, at a CAGR of 8.6% during the forecast period. The growth of the market is driven mainly by the increasing demand from growing end-use industries in emerging markets andContinue reading Paints & coatings is the largest application in the polymer emulsion market

Polyurethane Additives Market Driver: Increasing demand for innovative and cost-effective additives

The polyurethane additives market size is projected to reach USD 4.5 billion by 2025 at a CAGR of 4.2% from 2020. The demand for polyurethane additives market is increasing, owing to the growing demand for innovative and cost-effective additives. Flexible polyurethane foam is an important material finding usages in mattresses, furniture cushioning, bedding, carpet underlay,Continue reading “Polyurethane Additives Market Driver: Increasing demand for innovative and cost-effective additives”

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