Posts

Showing posts from September, 2023

Metallic Paint Market Growth by Opportunities, Current Trend, Segments and Forecast by 2030

The metallic paint market is anticipated to have a fast revenue CAGR over the forecast period, driven by the increasing demand for customized hues in the automotive sector and the use of high-quality paint in interior décor and furniture. Metallic paint is a type of paint that contains microscopic aluminum particles or other metals to provide a glossy effect and depth to the surface, which can be varied to produce a variety of effects, gloss, and reflections. The "offer" of metallic paint is nearly always charged extra by luxury car manufacturers, such as BMW and Mercedes-Benz, and is recommended for its durable nature and weather resistance. The major factor driving revenue growth of the market is the durability the color provides over other types of paints. Rising demand for customization in the automotive sector, technological advancements, and strengthening manufacturing capacities of various major companies are other factors contributing to revenue growth of the marke...

Pervious Pavement Market Revenue To Surpass USD 3.35 Billion By 2032

The Pervious Pavement Market was valued at USD 1.82 Billion in 2022 and is expected to reach USD 3.35 Billion in 2032 registering a CAGR of 7% during the forecast period. The market revenue growth is primarily driven by factors such as the growing demand for sustainable infrastructure solutions, increasing urbanization, and rising awareness of water conservation. Pervious pavement is a porous concrete material that allows rainwater to permeate through the surface and infiltrate into the ground. It is a cost-effective and sustainable solution for stormwater management, as it reduces the runoff and pollution of rainwater into nearby water bodies. The increasing awareness of environmental sustainability and the need to address water scarcity issues are driving the demand for pervious pavement solutions. Get a sample copy of the Pervious Pavement market report: https://www.reportsanddata.com/download-free-sample/1956 Pervious Pavement Market: Drive Factors The pervious pavement m...

Sodium Borate Market Leading Competitors, Regional Trends and Growth Outlook by 2030

The revenue of the global Sodium Borate Market is anticipated to grow at a steady CAGR during the forecast period. The market growth will be driven by factors such as the rising demand for hygiene and detergent products due to the ongoing pandemic and increasing use in laboratories. Borax, also known as sodium borate, sodium tetraborate, and disodium tetraborate, is a white powder that is naturally occurring and can be found in trace amounts in soil, water, plants, and animals. It is commonly used as a domestic cleanser and a washing powder booster due to its composition of boron, sodium, and oxygen. Borates enhance cleansing action, prevent dirt redeposition, and result in cleaner garments. They can be added to powdered detergents or incorporated with sodium perborate for a whitening effect. Borates are also effective in liquid detergents because they stabilize enzymes for stain removal. Additionally, glass producers add boric oxide to the silica matrix to reduce melting temperat...

Oleate Esters Market: Growth Drivers, Regional Trends and Forecasts to 2028

The global oleate esters market size was strong in 2020 and is expected to have a steady revenue CAGR in the future due to various reasons. Ethyl oleate is highly soluble, making it suitable for various products and formulations, leading to growing interest in using oleate esters in agrochemical and cosmetics. Oleate esters have a renewability, stability, and biodegradability property that promotes their demand in the lubricant industry. Esters of oleic acids are called oleate esters, which are made from animal fats and vegetable oils. The industry is expected to undergo continual change due to advancements in production techniques. The growth of the market is driven by several factors, including the rise in demand for lubricants, awareness towards using natural and eco-friendly products, and increased knowledge of the advantages of agrochemicals. However, the price range of oleate esters is a drawback for the market, and until companies find substitutes, it will continue to be a rest...

Xylene Market Growth Report, Share and Rising Demand till 2026

This comprehensive report on the Xylene market provides a detailed analysis of the industry's size, share, demand, growth, profits, revenue, and other aspects. It examines historical data from 2016 and 2017, using 2018 as the base year to predict trends for the years 2019 to 2026. Xylene, a greasy and colorless organic petrochemical compound, is commonly used as a solvent in various industries, such as printing, rubber, food manufacturing, leather, and automotive. However, increasing environmental concerns due to the toxic effects of Xylene, which is a source of volatile organic compounds, has led governments to impose regulations on its use. The Asia Pacific market is expected to grow significantly due to the presence of refineries, and Europe is expected to see growth due to the increasing need for adhesives, paints, and coatings in the construction sector. The report profiles the key players in the industry, including BASF SE, Braskem, BP plc, Chevron Phillips Chemical Company,...

Hydrocarbon Wax Market to Exceed Valuation of USD 7.6 Billion by 2032

Market Overview: The global hydrocarbon wax market had a valuation of USD 2.9 billion in 2022 and is poised to reach USD 7.6 billion by 2032, demonstrating a robust compound annual growth rate (CAGR) of 5.3% throughout the forecast period. The market is being driven by increasing demand for hydrocarbon waxes across various industries, including packaging, cosmetics, and adhesives, as well as a growing preference for environmentally friendly and sustainable wax materials. Hydrocarbon waxes, derived from petroleum or natural gas, are characterized by their high melting points and low viscosity. These waxes are versatile and find extensive applications due to their excellent properties, including resistance to water, thermal stability, and lubrication capabilities. Their adaptability makes them highly sought-after in numerous industries. The packaging sector is a significant driver of market growth, as hydrocarbon waxes are widely used in the production of wax-coated paper and card...