Global Industry News

How Is Rising Deforestation Rate Facilitating Biochar Demand?

Biochar, a type of charcoal, is extracted through the process of pyrolysis and carbonization, where it is generated as a by-product. This charcoal helps in increasing agricultural output, preventing soil-borne diseases, and improving soil quality. The high carbon content of this charcoal helps in improving the soil quality. Biochar based on batch pyrolysis...
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Booming Manufacturing Industry Driving Demand for Industrial Gases in Asia-Pacific

With the expansion of petroleum, heavy metal, healthcare, food and beverage, electronics, and chemical industries, the demand for industrial gases is shooting up. This is because these gases are extensively used in these industries. For instance, carbon dioxide (CO2) is heavily...
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Rising Consumer Electronics Sales Propelling Usage of Conductive Polymers

According to several sources, the world is home to more than 3 billion people with smartphones. Originally introduced to the developed world, they are now more-widely used in developing countries owing to their shifting manufacturing base to the latter and their dropping prices...
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Why will Demand for Adhesive Tapes Surge in Asia-Pacific in Coming Years?

The expansion of the automotive industry is driving the demand for adhesive tapes across the world. This is because tapes having adhesive characteristics are extensively used in the automotive industry, primarily in the form of protection tapes and double-sided tapes. Moreover,...
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Sales of Silane To Surge in Asia-Pacific in Near Future

The mushrooming requirement for silane in the paints and coatings industry is fueling its sales across the world. Silane exhibits high resistance to chemicals, ultraviolet (UV) rays, and water and provides excellent adhesion, which makes it ideal for use in paints. Owing to...
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Booming Automobile Manufacturing Fueling Demand for Thermal Spray Materials

The mushrooming popularity of the aerial mode of transportation is fueling the expansion of the aerospace industry, which is, in turn, driving the worldwide sales of thermal spray materials. Moreover, the increasing defense expenditure of several countries, such as India, the...
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Benefits of Fiber-Reinforced Plastic (FRP) Pipes

Despite a strong focus on reducing the consumption of fossil fuels, the demand for crude oil and natural gas keeps increasing. For instance, oil imports to India grew from $70.72 billion in 2016–17 to $101.4 billion in value in 2019–20, says the India Brand Equity Foundation...
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Booming Sales of Pharmaceutical Products Augmenting Demand for Hexamine

With the expansion of the pharmaceutical industry, on account of the burgeoning requirement for medical products, the demand for hexamine is rising sharply across the world. This is because hexamine is extensively used in various industries such as rubber, pharmaceutical, fuels,...
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Why is Use of AdBlue Shooting Up in Asia-Pacific?

The increasing implementation of stringent regulations by the governments of many countries, especially in Asia, Europe, and North America, for mitigating vehicular emissions and improving fuel efficiency is fueling the demand for diesel exhaust fluid (AdBlue). For instance,...
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How Is Booming Construction Sector Steering Genset Market Growth?

Factors such as the burgeoning demand for data centers and the flourishing construction sector are expected to accelerate the genset market at a CAGR of 5.8% during the forecast period (2020–2030). According to P&S Intelligence, the market was valued at $17,592.6 million...
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Why Is Oil and Gas industry Using Bromine?

The rising need for energy-efficient storage technologies owing to the burgeoning production of renewable energy will augment the consumption of bromine (Br) in the forthcoming years. In recent years, bromine-based technology has emerged as a cost-effective solution for clean...
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Rising Demand for PVC To Boost Chlorine Market Growth

A number of factors, such as the increasing consumption of chlorine in water treatment applications, surging demand for polyvinyl chloride (PVC) from end-use industries, and presence of several global players, are expected to drive the growth of the chlorine market at a CAGR...
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Extensive Quinoa Farming in Latin America Pushing Up Organic Fertilizer Sales

The proliferation of huge organic foods and beverages retail markets in Europe and North America is boosting the demand for organic fertilizers across the globe. As per the observations of the International Federation of Organic Agriculture Movement (IFOAM), in 2019, the sales...
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Why Can Packaging Sector Not Survive without Corrugated Boxes?

Corrugated boxes are one of the most-common packaging materials today. A lot of the stuff ordered online, including consumer electronics, books, and even processed food, is shipped in such packages. Hence, with the e-commerce industry spreading its wings, aided by the increasing...
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Why Does Indian Farming Community Rely on Single-Cylinder Pumpsets?

India is the second-most-populated country in the world, and soon, it will be the most populated, overtaking China! This is already having far-reaching implications, such as urbanization, air pollution, and starvation. The last one because with cities expanding, farmers are...
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Why is Indian Metal Polish Market Booming?

The Indian metal polish market generated a revenue of $26.51 million in 2019 and it is predicted to reach $37.10 million value by 2030. Furthermore, the market will advance at a CAGR of 4.6% from 2020 to 2030 (forecast period), as per the estimates of the market research company,...
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