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Showing posts with the label Polymers and Resins

Webbing Market Growth Accelerated By Increased Demand From Climbing & Mountaineering

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Webbing Market Webbing refers to lightweight nylon or polyester tapes that are flat, thin, and flexible. Webbing finds extensive applications in climbing and mountaineering equipment such as harnesses, ropes, slings, and seat belts. It offers benefits like lightweight nature, high tensile strength, and resistance to abrasion. The rising adoption of outdoor recreational activities such as rock climbing, mountaineering, and rappelling has propelled the demand for specialized webbing equipment. The global  Webbing Market  is estimated to be valued at  US$ 4.5 Billion  in 2023 and is expected to exhibit a  CAGR Of 18%  over the forecast period  2024 To 2031 , as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased demand from climbing and mountaineering has boosted the webbing market substantially over the past few years. With growing health awareness and adventure seeking mindset, participation in outdoor rec...

Phenolic Resins Market Growth Accelerated By Increasing Application Scope

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Phenolic Resins Market Phenolic resins are widely used as an adhesive in wood bonding, laminating, molding processes, and as binders and coatings. They are known for their excellent heat resistance, dimensional stability, good electrical insulation, and flame retardancy. The rising application of these resins across various end-use industries such as construction, automotive, and electronics is expected to propel market growth. The global Phenolic Resins Market is estimated to be valued at Us$ 16052.98 Mn in 2023 and is expected to exhibit a CAGR Of 5.9% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing application scope of these resins is one of the key trends driving the phenolic resins market growth. Phenolic resins find extensive usage in metal coatings owing to their excellent adhesive properties and heat resistance. They help provide protection against corrosion and enhance the lif...

The Global Cross-Linked Polyethylene Market Growth Accelerated By Rising Demand From Construction Industry

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Cross-Linked Polyethylene Market Cross-linked polyethylene (XLPE) is a type of polyethylene thermoplastic that is cross-linked using gamma, UV, or e-beam radiation. XLPE has superior properties like strength and durability and has gained widespread acceptance for insulation of electric transmission cables and wires. The global  Cross-Linked Polyethylene Market  is estimated to be valued at US$12.3 billion in 2023 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing construction industry has been a major driver of the rising demand for cross-linked polyethylene in recent years. Cross-linked polyethylene finds wide application as insulating material in power and telecommunication cables used extensively in residential, commercial and infrastructure construction projects. It provides corrosion resistance, durability and moisture resistance required for ...

The Global Photocatalytic Coating Market Growth Accelerated By Increased Demand From Building & Construction Industry

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Photocatalytic Coating Market Photocatalytic coatings are organic-inorganic hybrid materials that have self-cleaning and air purifying properties. They are primarily used in construction of self-cleaning surfaces for glass, tiles, and concrete. The coatings help reduce air pollutants and eliminates the need for frequent cleaning of surfaces. The global Photocatalytic Coating Market is estimated to be valued at Us$ 4.25 Bn in 2023 and is expected to exhibit a CAGR Of 24% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market key trends: Nano-photocatalytic coatings have emerged as one of the key trends in the market. These coatings have enhanced photocatalytic properties and enable surfaces to decompose airborne pollutants more efficiently as compared to their micro/macro-scale counterparts. Their ability to operate effectively even under low light conditions is increasing their adoption in the building and construction...

The Global Petroleum Resins Market Growth Accelerated By Increasing Usage In Paints & Coatings Industry

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Petroleum Resins Market Petroleum resins are highly versatile hydrocarbon resins produced from the selective polymerization of refinery streams, a byproduct of crude oil distillation. These resins are commonly used in the production of painting, coating, adhesive and sealant applications, owing to their advantages such as superior gloss, flexibility, and water resistance. The growing demand for paints & coatings from industries like construction and automotive has augmented the usage of petroleum resins. The global Petroleum Resins Market is estimated to be valued at Us$ 3697.05 Mn in 2023 and is expected to exhibit a CAGR Of 21% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing usage of petroleum resins in the paints & coatings industry has been a key growth driver for the global market. Petroleum resins efficiently enhance properties like flexibility, durability, adhesion and w...

Growing Environmental Concerns Is Expected To Boost The Growth In The Global Renewable Chemicals Market

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Renewable Chemicals Market The global Renewable Chemicals Market is estimated to be valued at Us$ 625.32 Mn in 2023 and is expected to exhibit a CAGR Of 7.7% over the forecast period 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Renewable chemicals are derived from agricultural feedstocks like corn, sugarcane and cellulosic biomass. These chemicals have important applications as intermediates in detergents, cosmetics, lubricants, solvents and plastic applications. The demand for renewable chemicals is increasing due to the growing need for biodegradable and environment-friendly products. Market Overview: Renewable chemicals have properties similar to petrochemicals but are derived from renewable feedstock instead of fossil fuels. They are biodegradable and reduce dependence on crude oil. Renewable chemicals find wide applications in various end-use industries like automotive, construction, healthcare, packaging etc. Market key trends: Strong go...

Energy Storage Batteries Is Fastest Growing Segment Fueling The Growth Of Polyvinylidene Fluoride (PVDF) Market

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Polyvinylidene Fluoride Market The global Polyvinylidene Fluoride Market is estimated to be valued at Us$ 1338.27 Mn in 2023 and is expected to exhibit a CAGR Of 6.0% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: PVDF is a fluoropolymer plastic that has a number of desirable properties such as thermal stability, chemical resistance and weatherability. These properties make PVDF ideal for use in lithium-ion batteries and energy storage devices which are seeing increased demand due to growth in renewable energy and electric vehicles. Market key trends: One of the key trends in the PVDF market is its increasing use in lithium-ion batteries which power energy storage devices and electric vehicles. Governments around the world are promoting renewable energy adoption through various policies and incentives in order to meet climate change goals. This is driving demand for large-scale energy storage to b...

BRIC Automotive Plastics Market Is Estimated To Witness Growth Due To Increasing Vehicle Production

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Bric Automotive Plastics Market The   Bric Automotive Plastics Market  is estimated to be valued at   Us$ 26,020.09 Mn  in 2022 and is expected to exhibit a   CAGR Of 8.5%   over the forecast period from   2022 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Automotive plastics are extensively used in interior and exterior automotive parts like bumpers, instrument panels, door panels, seats and others due to properties like lightweight, durability, resistance to corrosion and easy manufacturing. They help in weight reduction which improves vehicle's performance and fuel efficiency. They also provide better design flexibility. Market key trends: One of the key trends driving the growth of BRIC automotive plastics market is increasing vehicle production in BRIC countries. Asia Pacific countries like China, India, Brazil are witnessing rising disposable incomes which is boosting automotive demand. According...