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Showing posts from May, 2023

Pre-Painted Metal Market Size Worth USD 33.64 Billion 2027| CAGR of 10.8%

  According to a new report from Reports and Data, the global Pre-Painted Metal Market is projected to reach USD 33.64 Billion by 2027. The construction sector is showing a growing interest in pre-painted metal, driven by the increased construction of roofing and walls. The product offers various benefits such as durable coating, recyclability, versatility in design, and weathering tolerance, making it suitable for a wide range of applications. The demand for pre-painted metal is being fueled by rapid urbanization, which has led to increased construction activities in the Asia Pacific region. However, the high cost of maintenance for the tools and equipment used in the manufacturing process is resulting in higher prices, encouraging the market to explore alternatives like fiber or plastic. This shift may hinder the growth of the pre-painted metal market. Pre-painted metal products, including boards, plates, and coils, are primarily used in the commercial construction industry ...

Garment Active Insulation Market to Exceed Valuation of USD 277.2 Million by 2027

  According to a recent report by Reports and Data, the garment active insulation market is projected to reach USD 277.2 million by 2027. The industry's growth is expected to be driven by the incorporation of advanced fabric manufacturing technology for insulation materials. The increasing popularity of footwear and sports apparel, driven by technological advancements in wearables and sporting goods, is also anticipated to contribute to market growth. Additionally, there is a growing demand for yoga apparel, activewear, and performance sportswear. The industry has seen significant advancements in active sportswear fabrics to enhance functionality while ensuring comfort for athletes. Sportswear manufacturers are closely following developments in science, technology, and the market expansion of fibrous materials. The application of advanced textile science and technology in the production of sportswear and leisurewear fabrics is expected to fuel industry growth. Operational meth...

Cool Roof Market Size Worth USD 31.58 Billion 2028| CAGR of 5.5%

The latest report by Reports and Data indicates that the global cool roof market is projected to reach USD 31.58 billion by 2028, with a compound annual growth rate (CAGR) of 5.5% during the forecast period. The market's revenue growth is primarily driven by factors such as rapid urbanization, increased construction activities worldwide, the adoption of green and sustainable construction materials, and the growing use of green heating and cooling systems in residential and commercial buildings. Additionally, the market is influenced by factors like rapid industrialization in developing countries, a focus on reducing greenhouse gas emissions, concerns related to global warming and climate change, a preference for eco-friendly and energy-efficient home designs, and a rising demand for green and energy-efficient roofing systems. A cool roof is a widely used roofing system that effectively reduces heat transfer within a building by offering high thermal emittance and solar reflectan...

Glue Laminated Timber Market Size to Surpass USD 8.80 Billion by 2027

  According to a recent report by Reports and Data, the global Glue Laminated Timber market is projected to reach USD 8.80 Billion by 2027. The market growth is anticipated to be driven by the shift from concrete and steel construction to wood building materials. The market is positively influenced by key attributes such as excellent insulation, promising thermal performance, and high chemical resistance. Additionally, the affordability and ease of construction offered by glue laminated timber compared to other materials make it attractive across customer segments. The increasing demand for wood-based residential constructions, including single-family houses and multi-family apartments, is a result of their aesthetic appeal and design flexibility. Moreover, the product's enhanced fire resistance and durability are expected to further fuel market growth in the forecast period. By 2027, the residential and commercial segments together are estimated to contribute approximately 89...

Canopy Market to Exceed Valuation of USD 2.23 Billion by 2027

  According to a new report by Reports and Data, the global canopy market is projected to reach USD 2.23 billion by 2027. The market growth is primarily driven by the increasing use of canopies in residential and non-residential settings, which provide additional outdoor space for seating and recreational activities. The installation of canopies in residential and commercial buildings to offer protection against wind, heat, and precipitation is also contributing to the market growth. Additionally, the growing residential sector in developed countries, coupled with the trend of enhancing urban areas with canopies, is expected to further fuel market expansion. Canopies serve various purposes such as providing shelter, organizing events, enhancing gardens, and offering portable solutions like garage canopies. They can be constructed using a variety of materials such as fabrics, metals, glass, and wood, depending on the intended use and desired aesthetic outcomes. Companies are focu...

Hydrophilic Coating Market Size is projected to reach USD 18.78 Billion by 2027, growing at a CAGR of 6.8%

  According to a new report by Reports and Data, the Hydrophilic Coating Market is projected to reach USD 18.78 Billion by 2027. These coatings, which are often ionic and negatively charged, facilitate interaction with water and are commonly used to make surfaces wettable, lubricated, and suitable for specific biological activities, thereby enhancing industrial production. The medical coating class, particularly used in advanced applications like drug delivery and organic interactions, is a significant consumer of hydrophilic coatings. The chemical compatibility between drugs and the coating surface varies and requires testing to determine functional groups, charges, and reactivity. Hydrophilic coatings are employed in the distribution of antibiotics and other pharmaceutical ingredients until formulation specifics are confirmed. These coatings are composed of loosely cross-linked rubber that easily binds to surfaces upon exposure to air, creating a microscopic sponge-like structur...