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Showing posts from March, 2022

Tow Prepreg Market worth $440 million by 2026

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The report   " Tow Prepreg Market  by Resin Type (Epoxy, Phenolic), Fiber Type (Carbon, Glass), Application (Pressure Vessels, Scuba Tanks, Oxygen Cylinders), End-Use Industry, and Region (North America, Europe, APAC, MEA, & Latin America) - Global Forecast to 2026" , is expected to grow from USD 250 million in 2021 to USD 440 million by 2026, at a CAGR of 12.0% during the forecast period. Owing to superior properties offered by tow prepregs such as excellent mechanical properties and advantages over wet winding process, the tow prepreg market is expected to witness significant growth during the forecast period. In addition to this, the growing demand in automotive and aerospace industries is also propelling the growth of the market. However, the outbreak of COVID-19 has created ripples in various end-use industries, leading to reduced demand for tow prepreg. Due to the lockdown scenario in Europe and North America, the demand for tow prepreg from end-use industries such ...

Extruders Market worth $11.5 billion by 2026

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The report " Extruders Market  by Extruder Type (Single-Screw, Twin-Screw, Ram), End-use Industry (Building & Construction, Transportation, Consumer Goods), and Region (APAC, North America, Europe, South America, and Middle East & Africa) - Global Forecasts to 2026 ", The market is projected to reach USD 11.5 billion by 2026, at a CAGR of 4.4% from USD 9.3 billion in 2021. This growth is primarily triggered by the increasing demand from the building & construction industry. APAC is the largest extruders market due to the stringent industrial standardizations pertaining to the high growth of the building & construction industry in the emerging countries such as China, India, Japan, and South Korea. The region is estimated to be the most populated in the world, which creates immense opportunity for the extruders market to grow. Single-Screw Extruder is the   largest extruder type of extruders market. The Single-Screw extruders are expected to continue to accoun...

Cast Elastomer Market worth $1.8 billion by 2026

The report   " Cast Elastomer Market  by Type(Hot Cast Elastomer, Cold Cast Elastomer), End-use Industry (Industrial, Automotive & Transportation, Oil & Gas, Mining), and Region (APAC, North America, Europe, South America, Middle East & Africa) - Global Forecast to 2026" , size is projected to reach USD 1.8 billion by 2026 from USD 1.4 billion in 2021, at a CAGR of 5.0% during the forecast period. The growing demand for cast elastomer from high-value end-use industries such as automotive & transportation, oil & gas, and mining, as well as rapid industrialization in emerging economies are the major drivers for the market. Superior properties than conventional materials such as high load-bearing capacity, high resilience, high impact strength, high abrasion resistance, and excellent resistance to oil and grease are also driving the market for cast elastomer. Based on type, hot cast elastomer is estimated to be the largest market in the overall cast elastomer...

Textile Chemicals Market worth $33.1 billion by 2026

The report " Textile Chemicals Market  by Fiber (Natural, Synthetic), Product Type (Coating & Sizing, Colorants & Auxiliaries, Finishing Agents, Desizing Agents, Surfactants), Application (Apparel, Home Textile, Technical Textile) & Region - Global Forecast to 2026 ", The global Textile Chemicals Market is estimated to be USD 26.5 billion in 2021 and is projected to reach USD 33.1 billion by 2026, at a CAGR of 4.6% from 2021 to 2026. The  driving factor for the Textile Chemicals market is chemicals is growing demand for technical textiles. Also growing adoption of low VOC and biodegradable materials for textile manufacturing is expected to provide lucrative opportunities for the growth of textile chemicals. Coating & Sizing Agents is expected to be the fastest-growing by product type in the Textile chemicals market during the forecast period. Coating & Sizing Agents is the fastest-growing product type segment in the Textile chemicals market. In the process...

Fire-Resistant Cable Market - Global Forecast to 2026

The report  " Fire-Resistant Cable Market  by Insulation Material(EPR, LSZH, PVC, XLPE), End-use Industry(Automotive & Transportation, Building & Construction, Energy, Manufacturing), and Region(North America, Europe, APAC, MEA, South America) - Global Forecast to 2026" , size is projected to grow from USD 1.8 billion in 2021 to USD 2.1 billion by 2026, at a CAGR of 3.3% from 2021 to 2026. The market is projected to grow in accordance with the increasing awareness regarding fire safety, rapid pace of industrialization and urbanization, and the implementation of fire safety regulations by governments across the globe. Furthermore, the fire-resistant cable market has witnessed a significant increase in demand from building & construction industry, owing to the growing requirement for public safety from fire incidents. In terms of value & volume, XLPE is estimated to lead the fire-resistant cable market in 2020 XLPE, by insulation material, accounted for the larg...