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Showing posts from February, 2024

Sealants Industry: Emerging Trends in Raw Materials and Supply Chain

  Sealants Industry | Forecast 2030 The economic value generated by the sealants industry was estimated at approximately USD 16.18 billion in 2022. This economic output is an amalgamation of basic sealant categories namely, construction sealants, automotive sealants, and other sealants. The global sealants market has witnessed remarkable growth in the recent past due to the advancing construction industry worldwide. Sealants are extensively used in construction for various applications such as sealing joints, weatherproofing, and bonding. Thus, the increasing construction activities, including residential, commercial, and infrastructure projects, are driving the demand for sealants. The rise in spending on infrastructure development projects in emerging countries such as China, India, and the U.S. is another major reason driving the use of sealants in construction applications.   Access the Global Sealants Industry Data Book, 2023 to 2030 , compiled with details like marke...

Interior Construction Materials Market: Emerging Opportunities and Growth Prospects 2023-2030

  Interior Construction Materials Industry Data Book | Forecast 2030 The economic value generated by the interior construction materials industry was estimated at approximately USD 578.06 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of interior construction materials, distribution & supply, and application of interior construction materials.  Rising disposable income and a growing population have increased the demand for modern residential and commercial construction in emerging economies and are expected to positively influence the demand for interior construction materials, thereby fueling the market growth. Furthermore, rising home renovation and remodeling activities in developed countries, coupled with the growing adoption of sustainable building materials, are expected to further fuel the growth.   Access the Global Interior Construction Materials Industry Data Book, 2023 to 2030 , compiled wit...

Commercial Applications of Wallpaper: Opportunities and Market Potential

  Wallpaper Industry Data Book | Forecast 2030 The demand for wallpaper has been greatly increased by the rising popularity of home renovation projects as well as technological developments in wallpaper printing methods. The demand is also anticipated to increase in the upcoming years due to a rise in disposable income, a change in consumer preferences, and an increase in DIY projects involving the use of wallpaper. Since both forms of usage require various types of paper and differ in thickness and weight, the manufacturers in the wallpaper sector divide their goods depending on residential and commercial uses. In most cases, pre-pasted or un-pasted wallpaper types are available for domestic use. Yet, there are several varieties of commercial wallpaper depending on usage and thickness. As these wallpapers are utilized in high-traffic areas, they have undergone numerous tests and evaluations.   Access the Global Wallpaper Industry Data Book, 2023 to 2030 , compiled with de...

Industrial Applications of Long Steel Products: Opportunities and Market Potential

  Long Steel Products Industry Data Book | Forecast 2030 Steel is a vital industry for global economic growth and long steel products play a crucial role in developing infrastructure across the globe. It is a key raw material used in producing long products for building & construction and various manufacturing activities. As per the World Steel Association, the total value contribution by the steel industry is USD 2.9 trillion, which is equivalent to 3.8% of the global GDP. The rise in infrastructure projects globally, such as metro projects, railway bridges, highways, and mega city projects across the globe, has augmented the demand for long steel products in construction. For instance, in November 2021, the U.S. government signed a USD 1 trillion bipartisan infrastructure plan for the upgradation and construction of infrastructure in the country, such as roads, highways, bridges, airports, ports, and energy, from 2021 to 2026.   Access the Global Long Steel Products ...

Positive Displacement Pumps Industry: A Lucrative Market Opportunity

  Positive Displacement Pumps Industry | Forecast 2030 The economic value generated by the positive displacement pump industry was estimated at approximately USD 18.35 billion in 2022. The demand from various industries such as oil & gas, chemicals, pharmaceuticals, and water treatment is driving this market’s growth. Positive displacement pumps, known for their precision and ability to handle a wide range of fluids, were increasingly adopted for critical applications where accuracy and reliability were paramount. Technological advancements, including the integration of smart and energy-efficient features, were enhancing the overall outlook of the sector. However, the specific outlook can be influenced by economic conditions, technological developments, and industry trends, so it is advisable to check more recent sources for the latest information. Positive displacement pumps transfer the fluid mechanically by repeatedly enclosing a fixed volume with the help of seals or valv...

Embracing Technology: The Future of the Smart Bathroom Industry

  Smart Bathroom Industry | Forecast 2030 The growing interest among consumers in home automation and the incorporation of smart devices is a significant driver for the growth of the smart bathroom market. Consumers are actively seeking innovative and user-friendly solutions that can enhance their bathroom experiences. The advancement in technology, notably in the field of the Internet of Things (IoT), Artificial Intelligence (AI), and voice recognition have led to the integration of various smart features into bathroom fixtures and accessories. The development of features like automated temperature regulation, voice-activated lighting, and smart showers, have enticed consumers to consider upgrading their conventional bathrooms. The growth of smart bathroom solutions is propelled by fast-paced urbanization and ongoing infrastructure development in numerous regions. This progress encourages the widespread adoption of smart technologies in commercial buildings, hotels, and public ...

Embracing Technology: The Future of the Pumps Industry (2024-2030)

  Pumps Industry | Forecast 2030 The economic value generated by the pumps market was estimated at approximately USD 57.7 billion in 2023. The demand for pumps is on the rise owing to their varied use in such as water & wastewater, power construction, chemicals, and oil & gas industries. Rising expectations of customers in the past few decades have led to increased spending by the end-user industry globally to improve the quality of industrial pumps along with installing advanced process control. This has led to increased spending by the pump manufacturers in an attempt to improve energy efficiency, which is likely to drive the demand for improved energy-efficient pumps over the forecast period. Recent innovations in pump technology have led to improvements in fundamental process tasks, boosting pump reliability and lowering operating costs over time. These advancements have also contributed to increased pump performance, reliability, and reduced energy usage. These techn...

Tech Trends and Transformations: Filtration Membrane Industry Forecast 2023-2030

  Filtration Membrane Industry | Forecast 2030 Filtration Membrane Industry Data Book - Spiral Membranes, Pleated Membranes and Hollow Fiber Membranes Market The economic value generated by the filtration membrane industry was estimated at approximately USD 20.84 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of filtration membranes distribution & supply, and application of filtration membranes. Rising awareness about the importance of clean water, coupled with environmental restrictions on untreated wastewater discharge, is expected to fuel the demand for filtration membrane globally. Moreover, the growing use of filtration membranes in the pharmaceutical, medical, and food and beverage processing industries for efficient separation is further expected to fuel market growth.   Access the Global Filtration Membrane Industry Data Book, 2023 to 2030 , compiled with details like market sizing information ...

The Rise of Bio-Catalysts: Transforming Industrial Processes in 2023 - 2030

  Catalyst Industry | Forecast 2030 Catalyst Industry Data Book - Heterogeneous Catalyst and Homogeneous Catalyst Market The economic value generated by the catalyst industry was estimated at approximately USD 29.72 billion in 2022. This economic output is an amalgamation of basic catalyst categories namely, heterogenous and homogenous. The global catalyst market has witnessed remarkable growth in the recent past. This growth can be attributed to the rising demand for catalysts from manufacturers across the world. These manufacturers seek catalysts to optimize their processes, improve yields, save costs, and conserve energy. The demand stems from various applications such as chemical synthesis, petroleum refining, polymers & petrochemicals, and environmental purposes. A catalyst is a substance that accelerates chemical reactions by providing an alternative pathway with lower energy requirements. By doing so, it enables reactions to occur at faster rates and under milder cond...

Competitive Landscape: Sheet Metal Industry Analysis 2023-2030

  Sheet Metal Industry | Forecast 2030 Sheet Metal Industry Data Book - Steel Sheet and Aluminum Sheet Market The economic value generated by the sheet metal industry was estimated at approximately USD 215.72 billion in 2022. This economic output is an amalgamation of businesses that are involved in the sales of aluminum and steel sheets. The automotive segment is anticipated to remain a key consumer of steel and aluminum sheets. Sheet metal components are used to manufacture numerous automotive parts such as body panels and tops, chassis, vehicle bumpers, fenders, hubcaps, moldings, trim pieces, engine and transmission components, brake components, windshield wiper arms, and system components.   Access the Global Sheet Metal Industry Data Book, 2023 to 2030 , compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies ...

Mass-Engineered Timber Industry 2023-2030: Sustainable Solutions for a Greener World

  Mass-Engineered Timber Industry | Forecast 2030 Mass-Engineered Timber Industry Data Book - Cross-laminated Timber, Laminated Veneer Lumber and Glue Laminated Timber Market The economic value generated by the mass-engineered timber industry was estimated at approximately USD 9.49 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of mass-engineered timber materials, distribution & supply, and application of mass-engineered timber. The positive growth outlook exhibited by the construction industry, along with the growing penetration of advanced construction sustainable materials is expected to bolster the mass-engineered timber materials industry as they are key to green building. Europe dominated the market in 2022 with a revenue share of over 40%. Europe is expected to remain the largest regional segment and witness notable growth over the forecast period owing to rising awareness about the use of sustainable bui...

Adhesives Industry 2023-2030: Market Growth and Investment Analysis

  Adhesives Industry | Forecast 2030 Adhesives Industry Data Book - Packaging Adhesives, Construction Adhesives, Wood Adhesives, Medical Adhesives, Automotive Adhesives and Other Adhesives Market The economic value generated by the adhesives industry was estimated at approximately USD 111.58 billion in 2022. This economic output is an amalgamation of basic adhesives categories namely, packaging adhesives, construction adhesives, wood adhesives, medical adhesives, automotive adhesives, and other adhesives. The global adhesives market has witnessed remarkable growth in the recent past due to technological advancements, increasing demand from various industries, environmental concerns, and cost and performance benefits. The development of specialized adhesives, the focus on sustainability, and the adoption of adhesives in emerging sectors like electronics and healthcare are driving the expansion of the market. As industries continue to seek innovative and efficient bonding solution...

Ceramics Market 2023-2030: Emerging Opportunities and Future Trends

  Ceramics Industry | Forecast 2030 Ceramics Industry Data Book - Traditional Ceramics and Advanced Ceramics Market The economic value generated by the ceramics industry was estimated at approximately USD 239.53 billion in 2022. This economic output is an amalgamation of ceramics products, including traditional ceramics and advanced ceramics. The growth of the ceramics industry is driven by the increasing consumption of ceramics-based products in a wide range of end-use industries such as construction, electronics & electrical, aerospace, automotive, daily use, and medical. Increasing investment in luxury hotels, restaurants, resorts, and villas is increasing the consumption of ceramics to increase the aesthetic appeal of the property, which is anticipated to drive the market growth across the forecast period. Ceramics Instruments Industry Data Book Coverage Snapshot Markets Covered Ceramics Industry USD 239.53 billion in 2022 5.2% CAGR (2023-2030) Traditional Ceramics ...