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Global polyisobutylene market is anticipated to grow at a CAGR of 5.6% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increased demand for polyisobutene in the automotive industry is driven by its use in the manufacturing of tires and other applications that contribute to improved performance, durability, and fuel efficiency. One of the primary uses of polyisobutene in the automotive industry is in the production of tires. Polyisobutene is added to tire formulations to enhance the tire's properties, such as tread flexibility, wear resistance, and rolling resistance. These improvements contribute to better overall tire performance and fuel efficiency. Polyisobutene can be used to reduce rolling resistance in tires. Lower rolling resistance means less energy is required to propel the vehicle forward, leading to improved fuel efficiency. This is particularly important as the automotive industry focuses majorly on ... Continue reading →

Translucent concrete market is anticipated to grow at a significant CAGR of 35% during the forecast period. Translucent concrete, also known as light-emitting concrete is constructed with the building material having light-transmitting properties. The light optical elements such as optical fibers are incorporated into the fine concrete in the building structure. Translucent concrete is mainly used as a ventilated façade material and in the cladding of the interior walls. The combination of fine concrete in the amount of 95% of the constructing block with 4%-5% of optical fibers is used for the manufacturing of translucent concrete structures. Translucent concrete consumes less amount of energy as sunlight can be used as a light source during the daytime. It provides illuminated pavements and enhances the aesthetic view of the buildings increasing its adoption rate across the globe.  Moreover, translucent concrete is beneficial for countries having low access to electricity. ... Continue reading →

Milk protein concentrate powder market is expected to grow at a significant CAGR during the forecast period. Growing demand for milk protein concentrates in ready-to-drink, high-protein dairy-based enteral food and beverage products is a key factor driving the milk protein concentrates market in the future years, as people become more aware of the need of keeping a healthy lifestyle. Furthermore, increased demand for infant formula products, as well as rising consumption of dietary supplements, are key factors driving the market growth. Owing to their excellent nutritional value and low lactose content, milk protein concentrates are commonly employed in the production of infant food products. To ensure product quality, many government agencies such as the World Health Organization (WHO), the Food Safety and Standards Authority of India (FSSAI), and others have set rules for the production of infant food items. For instance, the Food Safety and Standards Authority of India (FSSAI) ... Continue reading →

Global buckwheat flour market is anticipated to grow at a CAGR of 3.6% during the forecast period (2024-2031). The buckwheat flour market is growing because the government is making it healthier and more sustainable. Governments have started making calls on their citizens to eat nutritious foods that do not harm the environment as they become more aware of their health and the surrounding environment. These conditions encompass the need for clear labeling as well as quality regulation in buckwheat flour processing centers. Furthermore, there is an emphasis on sustainable agriculture practices aimed at enhancing buckwheat growth which has minimal environmental effects. These actions serve to safeguard consumers and promote more capital flows as well as creativity into the market for buckwheat flour ensuring its further growth in the food sector. In July 2022, in response to rising demand among consumers for clean-label, sustainably sourced food options, a leading provider of ... Continue reading →

Global VCI film market is anticipated to grow at a CAGR of 4.2% during the forecast period (2024-2031). The growing focus of several industries on using sustainable packaging options is a key contributor to the high adoption of VCI films, thereby driving global market growth. VCI films are typically composed of recyclable materials, and are eco-friendly, aligning with an optimistic outlook on environmental preservation.  In the oil and gas sector, VCI films are highly used to prevent metal equipment, such as pipes, valves, and drilling tools exposure to hostile offshore environments. Therefore, to meet the growing demand for VCI films, key players are investing in their production facility expansion projects.  In January 2024, Cortec Corp. announced to increase its capacity of producing VCI films with new state-of-the-art extrusion line. The new multimillion-dollar line, E23, promises to benefit both customers and employees as CAF continues to blaze new ground with ... Continue reading →

The global synthetic fuel market is anticipated to grow at a CAGR of 22.8% during the forecast period (2024-2031). The market is driven by factors such as growing government support and increasing collaboration between market players among others. For instance, In September 2023, Cielo announced an Asset Purchase Agreement with Expander Energy Inc. to deploy technology for the production of low-carbon renewable synthetic fuel. In October 2023, Zero Petroleum, a producer of carbon-neutral synthetic fuel, signed an agreement with ADNOC to explore the development of a new plant in the UAE. The plant would focus on commercial-scale production of 100% carbon-neutral drop-in fuels using Zero's DirectFT fuel technology. In September 2023, Zero Petroleum, a producer of synthetic fuels, partnered with Rolls-Royce, a global engineering company, to develop fossil-free synthetic fuels. Under this agreement, Zero and Rolls-Royce will work together to test Zero's synthetic fuels ... Continue reading →

The global synthetic concrete fibers market is anticipated to grow at a CAGR of 5.0% during the forecast period. The growth of the synthetic concrete fibers market is attributed to the increasing demand for durable construction materials. Synthetic concrete fibres are used in many different construction projects as they make the concrete stronger and more durable. It possesses several benefits, such as making the concrete more resistant to cracking and impacts, and they are easy to use. Engineers and contractors prefer synthetic concrete fibers because they are reliable and make the concrete more resilient. The rising demand has led to increased market opportunities and profitability for key players in the synthetic concrete fibers industry.  Manufacturers including Owens Corning, BASF SE, Sika AG, Jogani Reinforcement, and GCP Applied Technologies, among others are considerably contributing to market growth by adopting various strategies such as mergers and ... Continue reading →

Soft Magnetic Powder Market research report allows making important decision making essential for business growth. The major factor that fuels the growth of the market includes the energy paradigm shift to implement the usage of renewable energy sources and government regulations, which are encouraging to use of energy-efficient systems. The rise in sustainability concerns and awareness toward the reduction of greenhouse gas emissions leads to extensive R&D in the field of soft magnet powder, which is another factor that drives the market growth.  In addition, an increase in the application of soft magnet powder in various end-use industries further boosts market growth. In the automotive industry, soft magnetic powder is used to manufacture induction coils and fuel injectors in diesel engines. In the electrical industry, it finds applications in the production of stators of claw pole motors, brushless DC motors, brushed DC motors, stepper motors, switch reluctance motors, ... Continue reading →

Powdered soft drink market is anticipated to grow significantly at a CAGR of 2.8% over the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For an instance, in January 2022, soft drink company Monster Beverage Corp. announced that it has acquired the Perrin Brewing Co. With this acquisition both the company will provide a full in-place infrastructure, including people, distribution, and licenses, along with alcoholic beverage development expertise and manufacturing capabilities in this industry. In addition, in July 2020, Neuro brands LLC has introduced a new line of powdered drink mixes. The new mix is a new version of neruoSLEEP and neuroIMMUNE beverages. In conjunction with a healthy diet, neuroIMMUNE provides a great ... Continue reading →

The global paper straw market is anticipated to grow at a considerable CAGR of 20.6% during the forecast period. Growing number of cafes and restaurants worldwide is increasing the demand for paper straws. Cafes and restaurants are using paper straws to avoid or ban the use of plastic straws. Additionally many restaurants and cafes gives paper straw in takeaways and food deliveries also. Many cafes and restaurants are using printed straws to make their product attractive but some are going with the non-printed plain paper straws to avoid the digestions of inks or dyes used while manufacturing the printed straws. Government had also started many campaigns to spread the awareness regarding the biodegradable paper straws to save the environment from the plastic waste. For instance, in June 2021, Environment Minister launched awareness campaign on Single Use plastics. In addition the Environment Minister highlighted that Government of India has already banned import of plastic waste in ... Continue reading →

Global polycarbonate films market is anticipated to grow at a CAGR of 6.9% during the forecast period (2024-2031). The growing demand for polycarbonate films across several end-user industries is a key factor driving the growth of the global market. The supply chain of these films is highly dependent on a few major manufacturers including Covestro AG, Mitsubishi Chemical Corp., LG Chem Ltd., and SABIC among others. Therefore, the key polycarbonate manufacturers are focusing on production capacity expansions, partnerships, and distribution network expansion to contribute towards the proper supply of polycarbonate films in the market. Some Recent Projects of Major Manufacturers In March 2024, Covestro AG inaugurates a new production plant for polycarbonate copolymer production. This manufacturing plant can produce these high-quality plastics on an industrial scale at its Antwerp site in Belgium. The new platform technology, which the company developed itself, is based on an ... Continue reading →

The global thermal gap filler market is anticipated to grow at a significant CAGR during the forecast period. Thermal gap filler is a compressible, soft material made up of two parts silicone that may be dispensed straight from the package with little to no process preparation. It's an excellent choice for automated dispensing with typical metre mix equipment. Thermally gap filler has excellent thixotropic qualities, which make it easy to apply, avoid slumping on vertical surfaces during assembly, and retain vertical stability even after extended usage. The increase in demand for electric vehicles to reduce pollution will increase the demand for the global thermal gap fillers market in the automotive sector. Electronic systems in electric vehicles include electronic control units (ECUs) and printed circuit boards (PCB). When these are used more frequently, they frequently release heat and heat-dissipating materials are required for such devices. Thermal conductive gap fillers are ... Continue reading →

This Water-Based Resins Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future development visions and a wide range of subjects are covered in this Water-Based Resins Market study report. All this crucial data greatly assists key players to establish their presence in the competitive market. It verifies and revalidates the knowledge provided in this global Market report. It also allows several organizations to learn more about a range of opportunities already available in the market and makes aware to firms about upcoming opportunities too. It ensures several firms to attain a long-standing business success by capturing all of the latest updates about market growth. Most important participants are able to employ such ... Continue reading →

Global phycocyanin market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand for natural blue food colourants across industries such as food and beverages, cosmetics, and pharmaceuticals. Phycocyanin, derived from blue-green algae like spirulina, is sought after for its vivid colour and perceived health benefits. Growing consumer preference for natural ingredients, coupled with the rising awareness of phycocyanin's antioxidant and anti-inflammatory properties, has fuelled its adoption. Looking towards its high market demand key players are expanding their production capacity of phycocyanin.  For instance, in 2023, DIC Corp. (DIC) unveiled plans for collaborative business expansion in the polyphenols sector and has partnered with California-based biotechnology startup Debut that employs advanced biotechnology and the venture aims to produce ... Continue reading →

The global pure monomer resins market is anticipated to grow at a CAGR of 9.1% during the forecast period (2024-2031). Significant factors that drive the demand for pure monomer resins in adhesive production include offering enhanced performance characteristics, such as superior adhesion, cohesion, flexibility, and customization of adhesive formulations. Additionally, increasing the use of pure monomer resins owing to the providing formulators with the flexibility to customize adhesive formulations to meet specific application requirements. This versatility allows the development of adhesives tailored for various substrates, conditions, and end-use industries including automotive, construction, packaging, and electronics. The versatility of pure monomer resins enables their use in a broad range of adhesive applications, contributing to their growing popularity across diverse sectors. Various adhesives based on physical properties such as solubility, compatibility, thermal ... Continue reading →

The global Multifunctional Resins market is expected to grow at a compound annual growth rate (CAGR) of 5.6% during the forecast period (2024-2031). The growing adoption of composites is significantly impacting the growth of the multiple resins market. Composites, which are materials composed of two or more distinct phases, offer a unique combination of properties, including high strength-to-weight ratios, durability, and corrosion resistance, making them ideal for a wide range of applications. Multiple resins play a crucial role in composites, serving as the matrix material that binds and holds the reinforcing fibers together. As the use of composites expands, the consumption of multiple resins also increases. This is because multiple resins are an essential component of composites, providing the matrix material that binds and holds the reinforcing fibers together.  The burgeoning wind energy industry serves as a compelling illustration of how the expanding adoption of ... Continue reading →

The epoxy resins market is anticipated to grow at a CAGR of 6.8% during the forecast period. Epoxy resins are widely accepted owing to their properties such as sleek appearance, durable quality, and great protection for the variety of applications. Additionally, a number of industries are now preferring to use epoxy resins as an adhesive in place of screws, bolts, and nuts for the component assembly owing to the epoxy resins' ability to adhere to a wide variety of materials. This is anticipated to significantly drive the shares of the epoxy resins market during the forecast period. Moreover, increasing use of composites by end-user industries is also expected to significantly drive the growth of the epoxy resins market. However, the volatility experienced in the raw materials will hamper the growth of the epoxy resins market during the forecast period. In addition to this, the adverse health effects caused by the toxic fumes released during the application of epoxy resins is also ... Continue reading →

Global dimer acid-based (DAB) polyamide resin market is anticipated to grow at a CAGR of 8.7% during the forecast period (2024-2031). The market growth is attributed to the increasing advancement of DAB resin formulations such as the development of low-volatile organic compound (VOC) formulations, increasing enhanced adhesion to various substrates, including metals, plastics, and composites, thermal stability and chemical resistance of DAB polyamide resins.  Dimer acids are bifunctional organic acids that are produced through the dimerization of unsaturated fatty acids. The resulting DAB polyamide resins are highly sought after for industrial applications owing to their exceptional chemical and thermal properties. The key market players offering dimer acid-based (DAB) polyamide resin include Arkema Group, BASF SE, Huber Group Chemical, Huntsman Corp., and Kraton Corp. among others. Popular Dimer acid-based (DAB) Polyamide Resin Products Include BASF SE offers Nypel ... Continue reading →

Global cyanate ester resin market is anticipated to grow at a significant CAGR of 11.2% during the forecast period (2024-2031).A major factor supporting the growth of the market is the increased use of these resins due to their exceptional strength-to-weight ratio and superior dielectric properties, making them ideal for aircraft structures, missiles, and spacecraft, as well as for printed circuit boards and chip encapsulation. Therefore, major manufacturers are coming up with advanced materials to expand their share in this sector. For instance, in November 2020, Airtech Advanced Materials Group launched Dahltram T-100GF resin, its first recycled-grade thermoplastic polymer resin for large-scale 3D printing. The material combines the power of recycled grade co-polyester resin with the strength of fiberglass reinforcement, making it suitable for various applications such as rapid prototyping, low-temperature molding, trimming tools, architectural structures, and casting ... Continue reading →

The global alfalfa seed market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period (2024-2031). The global alfalfa seeds market is witnessing significant growth attributable to the heightened awareness of the nutritional advantages associated with alfalfa as a high-protein forage crop for livestock. Furthermore, the expanding livestock industry, particularly in regions such as Asia-Pacific and Latin America, is serving as a major push for market expansion. Additionally, advancements in agricultural techniques and technologies are expanding both the yield and quality of alfalfa seeds, thereby attracting increased interest from farmers. Moreover, the escalating adoption of alfalfa in sustainable farming practices, including crop rotation and soil enrichment, is further bolstering its demand worldwide. Collectively, these factors underscore the pronounced upward trajectory of the global alfalfa seeds market. In July 2022, Alforex Seedsannounced the ... Continue reading →