Global Industry News

Why Is Autoclaved Aerated Concrete Replacing Cinder and Clay Bricks?

The booming population is leading to a rising demand for all kinds of infrastructure, including houses, factories, shops, hospitals, and schools. As a result, the construction industry is growing around the world, which is driving the demand for all kinds of raw materials. One...
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Rising Demand for Lightweight Vehicles Causing Global Adhesive Tapes Market Boom

The valuation of the global adhesive tapes market is expected to rise from $54,333.4 million in 2017 to $74,954.6 million by 2023. The market is predicted to advance at a CAGR of 5.5% during the forecast period. An adhesive tape is basically a continuous flexible strip made...
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Why Is Packaging Sector Relying on Bio-Based PET Material?

The soaring demand for bioplastics, increasing environmental problems caused by polyethylene terephthalate (PET) products, and rising research and development (R&D) activities by the market players are set to drive the bio-based PET market at a CAGR of 14.7% during the forecast...
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Plastisol Sales Set to Surge in Asia-Pacific in Near Future

The expansion of the textile industry is positively impacting the sales of plastisols across the world. Screen printing is rapidly becoming the most sought-after option for printing fabrics. Plastic inks are extensively used in the inking and coating of textiles, because of...
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How Are FDA Policies Driving Usage of Coding and Marking Systems in U.S.?

The standards of the U.S. Food and Drug Administration (FDA) regarding the quality of food products and drugs and the provision of authentic details on the packaging are among the strictest in the world. Moreover, under the FDA Act of 2007, every food and drug manufacturing...
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How is Mushrooming Usage of Agrochemicals Adding Fuel to Global Ethanolamines Market Fire?

Owing to the rising demand for surfactants, the global ethanolamines market is predicted to grow from $2,933.5 million in 2019 to $5,079.0 million by 2030, at a 5.0% CAGR between 2020 and 2030. With the increase in the disposable income of people living in the Latin American...
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Chemical Industry Using Chloromethanes for Varied Purposes

Chloromethane is used as a raw material for manufacturing industrial solvents that are processed for the production of dimethyldichlorosilane, which serves as a precursor to silicones. These silicones are used in the production of lubricants, medicine, sealants, cooking utensils,...
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Demand for Digital Oilfield Technology Predicted to Boom in Coming Years

The increasing production of shale gas is fueling the demand for digital oilfield technology across the world. In the U.S., the mushrooming production of shale gas is resulting in the generation of large amounts of data related to production and drilling cycles and seismic and...
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Boom Expected in North American Low Strength Proppants Market in Near Future

The global low strength proppants market generated a revenue of $3,713.3 million in 2019, and it is predicted to attain a value of $5,294.8 million by 2030. Furthermore, the market will progress at a CAGR of 9.8% between 2020 and 2030, as per the estimates of P&S Intelligence,...
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Magnesium Stearate Improving Cosmetics Quality

The expanding pharmaceutical industry, especially in Asia-Pacific (APAC), is expected to drive the global magnesium stearate market from $1,492.3 million in 2019 to $2,637.6 million by 2030, at a 5.3% CAGR between 2020 and 2030. Being the most populated region in the world,...
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Surging Steel Production Fueling Global Demand for Graphite

The increasing production of steel, due to the mushrooming requirement for steel products in end-use industries such as automotive, residential (household use), construction, and oil & gas, is fueling the global demand for graphite. As per the World Steel Association, the...
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Surging Oil and Gas Production Propelling Worldwide Demand for Benzalkonium Chloride

The rapid expansion of the pharmaceutical industry is massively augmenting the demand for benzalkonium chloride across the world. This is because this compound is heavily used in the pharmaceutical industry, because of its ability to be used as a disinfectant, antiseptic, solubilizing...
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Increasing Oil and Gas E&P Activities Fueling Global Demand for Well Cementing

With the surge in exploration and production (E&P) activities in both unconventional and conventional oil and gas reserves, the demand for well cementing is growing rapidly all over the world. Moreover, because of the recovery of crude oil prices, the oil and gas industry...
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