Global Market Analysis Report of Chemicals and Materials Industry

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Thursday, 19 November 2020

04:34

Why will Sales of Autoclaved Aerated Concrete Blocks Boom in Asia-Pacific in Future?

The rising urbanization and industrialization in various countries is pushing up the requirement for autoclaved aerated concrete (AAC) blocks. AAC has low cost and great resistance to fire and earthquake and is therefore, widely used in construction activities. As these blocks are available in multiple sizes, their usage brings down the construction time by as much as 20%. Besides rapid urbanization and industrialization, the increasing construction of roadways is also boosting the sales of AAC blocks across the globe.

 

Furthermore, the soaring construction of residential buildings in several countries, on account of the surging population, is causing a sharp surge in the demand for autoclaved aerated concrete blocks. With the escalating pollution and deteriorating air quality levels, the demand for sound-proof and green buildings is growing rapidly all over the world. The production of these substances is very environment-friendly as these materials are made up of non-hazardous ingredients. Moreover, these materials do not emit toxic gases.

 

Due to the above-mentioned factors, the sales of AAC blocks are climbing, which is, in turn, fueling the expansion of the global autoclaved aerated concrete  market. The market valuation is predicted to grow from $4,498.5 million to $8,314.9 million from 2019 to 2030. The market would also advance at a CAGR of 6.0% between 2020 and 2030. Depending on application, the market is divided into road sub-base, bridge sub-structure, concrete pipe, construction material, roof insulation, and void filling. 


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/autoclaved-aerated-concrete-market/report-sample

 

Globally, the autoclaved aerated concrete market is predicted to exhibit lucrative growth in the Asia-Pacific (APAC) region in the forthcoming years. This would be a result of the growing usage of AAC blocks in construction and infrastructural development activities in countries such as India, Japan, and China. Moreover, the ballooning construction activities such as the rapid development of schools, hospitals, and houses in the regional countries are boosting the market advancement. 

 

Hence, it can be said with full certainty that the demand for AAC would explode all over the world in the years to come, mainly because of the increasing construction and infrastructural development activities in several countries and the rapid construction of sound-proof and green buildings around the world.

Tuesday, 17 November 2020

23:46

Global Agricultural Adjuvants Market Predicted to Generate Over $5,000.0 Million Revenue by 2030

 In 2019, the global agricultural adjuvants market generated a revenue of $3,106.7 million and it is predicted to exhibit a CAGR of 5.5% between 2020 and 2030. Furthermore, the market is predicted to attain a value of $5,485.1 million by 2030. The factors fueling the progress of the market are the surging investments being made in the agriculture sector, the ballooning requirement for agrochemicals, and the increasing demand for food products across the world.


With the soaring population levels in several countries, the demand for food products is skyrocketing. This is subsequently causing a sharp surge in the demand for higher crop yield. According to the United Nations Department of Economic and Social Affairs’ (UNDESA) Population Division, the global population is expected to rise from 7.6 billion to almost 9.8 billion from 2017 to 2050, demonstrating a growth rate of 30.9% over the next 33 years.


Get the sample copy of report at: https://www.psmarketresearch.com/market-analysis/agricultural-adjuvants-market/report-sample


The additional population of approximately 2.2 billion will boost the demand for cash crops, food crops, and horticulture crops in the upcoming years. Due to this reason, farmers will have to massively enhance the agricultural yield and farm productivity in the forthcoming years, which can only be achieved by incorporating advanced agricultural techniques and agrochemicals such as pesticides, herbicides, and insecticides in agriculture. This way the surging global population is propelling the advancement of the agricultural adjuvants market.


Another major factor driving the growth of the market is the increasing incorporation of supply chain technologies, novel farming solutions, and farm robotics in agricultural operations across the globe. Moreover, many public and private companies are investing heavily in the research and development of advanced solutions for attaining enhanced crop quality and higher productivity. Based on function, the market is categorized into activator adjuvants and utility adjuvants. The activator adjuvants division will exhibit rapid progress in the coming years.

00:38

Lead-Acid Battery Sales Predicted to Shoot-Up in Asia-Pacific in Coming Years

The growing sales of electric vehicles (EVs) and hybrid electric vehicles (HEVs) are causing a sharp surge in the demand for lead-acid batteries across the world. Due to the soaring pollution levels, the governments of many countries are implementing policies aimed at boosting the deployment of eco-friendly modes of transportation such as electric vehicles. Because of these policies, various EV manufacturing companies such as Tesla Inc. and Nissan Motor Corporation are planning to manufacture new models in the future.

 

As lead-acid batteries are widely used in these vehicles as the main power source, on account of their high energy density and high specific energy, the mushrooming popularity of EVs is pushing up the sales of lead-acid batteries across the globe. Many countries and regulatory authorities are enacting several initiatives for limiting greenhouse gas emissions and mitigating environmental degradation. This is bolstering the deployment of environment-friendly vehicles such as EVs all over the world.

 

For example, a multi-government policy forum called the Electric Vehicles Initiative (EVI) was set up by the Clean Energy Ministerial (CEM), which is a France-based organization, in 2010. The forum was established for propelling the usage of electric vehicles across the globe. Besides these factors, the ballooning sales of automobiles, on account of the increasing urbanization and the rising disposable income of people, are also pushing up the demand for lead-acid batteries all over the world. 

 

Due to the above-mentioned factors, the global lead-acid battery market is exhibit rapid expansion. Furthermore, the value of the market is predicted to grow from $56.9 billion to $70.7 billion from 2017 to 2023. The market is also expected to progress at a CAGR of 3.7% between 2018 and 2023. Based on construction, the market is categorized into flooded and valve-regulated lead-acid (VRLA). Between these, the flooded category recorded higher growth in the market in the past years. 


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/lead-acid-battery-market/report-sample

Friday, 13 November 2020

01:36

Why Asia-Pacific Will Generate Highest Demand for Corrugated Boxes?

 As of 2019, the corrugated boxes market stood at $180.9 billion, and it is projected to be valued at $284.6 billion by 2030, growing at a CAGR of 4.3% during the forecast period of 2020–2030. The projected growth would be due to the stacking strength, structural strength, and puncture resistance of corrugated boxes. Other key forces behind the increase in the demand for these boxes are the growth in the packaging industry and increase in the use of corrugated boxes by online retailers.

 

The increasing use of corrugated boxes is also because of their environmental benefits. Unlike the past, the manufacturers are recycling old corrugated packaging for the production of new boxes. Producers are using innovative technologies for shredding and compaction, which enable the recycling of corrugated boxes. These boxes produce fiber that is further used in the creation of new products. Due to the extreme levels of pollution owing to material wastage, strict mandates to recycle and reuse these boxes are in place in numerous countries.


According to P&S Intelligence, the demand for corrugated boxes will be highest in the Asia-Pacific (APAC) region in the future, because of an increase in the environmental awareness. Due to the increasing environmental concerns, the packaging industry is opting for sustainable materials. This awareness, when coupled with a rise in e-commerce activities and increase in the demand for personal care products and electronic goods, will lead to a change in the consumption pattern. Additionally, the availability of cheap raw materials and government initiatives to promote eco-friendly products enable the increase in the demand for corrugated boxes.


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/corrugated-boxes-market-analysis/report-sample


APAC will additionally generate the highest demand for corrugated boxes due to the emerging online market in India and China. Online retailers have emerged as the new propellers for the global corrugated boxes market growth. As of 2019, the global e-commerce market was worth $3.5 trillion, and it will grow substantially in the coming times. India and China are the fastest-growing e-commerce markets because of the increase in smartphone penetration, development of delivery infrastructure, and discount-driven sales.

Wednesday, 11 November 2020

23:13

Why will Sales of Lubricants Shoot-Up in Asia-Pacific in Future?

The rapidly growing automotive sector in the developing nations such as India, China, Mexico, and Brazil, on account of the surging sales of new automobiles and the soaring per capita income is causing a sharp rise in the demand for lubricants. Moreover, the ballooning sales of new cars and commercial vehicles are providing lucrative growth opportunities to the lubricant producing companies. This is because lubricants are used in the crankcases of engines for ensuring the efficient operation of automobiles.

 

Additionally, lubricants are used in automobiles for reducing friction, which, in turn, leads to lower wear and tear and longer lifespans. The increasing public awareness of lubricants and their role in ensuring vehicle and machine functioning is another major factor fueling the sales of lubricants across the globe. Moreover, many organizations are adopting highly customer-oriented methods such as those involving print and visual media for creating greater customer awareness about lubricants. 


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/lubricants-market/report-sample

 

Promotional campaigns and trade shows, where companies offer gifts or free samples to customers are some of the biggest examples of these customer-oriented methods. Because of these reasons, the demand for lubricants is growing rapidly around the world. This is, in turn, driving the progress of the global lubricants market. As a result, the value of the market is predicted to rise from $95,403.9 million to $115,350.6 million from 2019 to 2030.


Additionally, the presence of less strict environmental protection policies in these countries in comparison to the developed nations fuel the sales of mineral oil-based lubricants, which, in turn, drives the category’s growth in the market. Geographically, the lubricants market recorded the highest growth in the Asia-Pacific (APAC) region in the past years and this trend will also continue in the future years, as per the forecast of P&S Intelligence, a market research company based in India. 

 

The rapid market advancement in the region would be caused by the existence of huge manufacturing zones and facilities in the region. Moreover, the region is a global manufacturing hub and is predicted to witness the setting up of numerous plants in the coming years. Furthermore, the flourishing automotive industry in the region, on account of the rising per capita income of the people, is massively boosting the growth of the market.

22:42

How Are 3D Printing Materials Bringing Down Manufacturing Costs?

From $9.346 trillion in 2009, global manufacturing, value-added rose sharply to $13.809 trillion in 2019, says the World Bank. This has been a result of the population boom, which has led to a massive increase in the demand for a variety of products, from processed food and personal care goods to automobiles and consumer electronics. With time, the manufacturing sector has undergone continuous evolution: first, there was mostly manual work. and then came machines, followed by assembly lines. Soon, much of the human work in many industries was replaced by robots.

 

One of the newest advancements in the manufacturing industry is 3D printing, in which a machine, known as 3D printer, builds a product, part or component layer by layer. Among the numerous of its advantages, it checks raw material wastage, which helps in a lot of cost savings for companies. P&S Intelligence says that due to the increasing popularity of this production method, the 3D printing materials market would grow from $558.4 million in 2017 at a healthy 16.7% CAGR during 2018–2023, to $1,365.6 million by 2023.


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/3d-printing-materials-market/report-sample


Conventionally, all the parts have to be individually produced and then shipped hundreds of miles to the assembling facility. Using 3D printing, an entire component can be manufactured at once, thus improving the production efficiency and speed and reducing the manufacturing cost. For instance, in place of 855 individually manufactured parts, General Electric is using just 12 3D-printed parts for its latest turboprop aircraft engines. Further, in 2015, the Federal Aviation Authority (FAA) gave GE the greenlight to use 3D-printed parts in engines of commercial jetliners.

 

Due to such massive usage of the 3D printing technology in the U.S., North America has been the largest 3D printing materials market for quite some time now. Apart from GE, several other companies are mulling the usage of this technique for manufacturing. For instance, the Boeing Company hopes to bring down the production cost of the 787 Dreamliner by up to $3 million with 3D-printed parts. Moreover, the usage of this production method is also increasing in the regional healthcare sector, with 3D-printed implants having received the Food and Drug Administration (FDA) approval in 2010.

 

Therefore, as 3D printing penetrates into more industries and applications, the demand for the various materials used in the process is set to rise massively.

22:09

Control Valve Demand Set to Explode in Asia-Pacific in Coming Years

The surging population across the globe is the biggest factor responsible for the soaring demand for control valves. This is because the growing energy requirements, on account of the booming population, is pushing up the demand for consistent power plant performances. Moreover, it is fueling rapid advancements and innovations in the equipment and devices required for the processing, production, and transportation of energy and making the usage of these advanced devices highly essential in power plants.

 

Therefore, in order to meet the soaring energy demand, control valves are increasingly being used in power plants. This is, in turn, driving their sales across the globe. Besides being heavily used in power plants, control valves are also extensively used in the food and beverages industry. Because of this reason, the rapid growth of the food and beverages industry is causing a sharp surge in the sales of control valves. 

 

Additionally, the launch of extensive infrastructural development and construction projects in several countries is propelling the demand for control valves. This is because of the mushrooming power requirements because of these large-scale infrastructural development activities all over the world. The other important factor boosting the sales of control valves is the growing demand for wireless infrastructure and facilities for monitoring and controlling systems and equipment in various industries around the world. 

 

Due to the above-mentioned factors, the global control valves market is registering rapid advancement. Depending on actuation technology, the market is divided into pneumatic control valve, manual control valve, hydraulic control valve, and electric control valve. Out of these, the pneumatic control valve category recorded the highest growth in the market in the past years. This was because of the ability of the pneumatic control valves to provide consistent performance and accurate linear motion in different temperatures.

 

Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/control-valves-market/report-sample

Tuesday, 10 November 2020

22:47

Packaging Adhesives Market Set for Explosive Growth in Far East in Coming Years

From $10,426.9 million in 2019, the global packaging adhesives market is predicted to reach a value of $17,137.4 million in 2030. According to the forecast of P&S Intelligence, a market research company based in India, the market would progress at a CAGR of 4.6% between 2020 and 2030. The ballooning requirement for packaging adhesives in the food and beverage industry is one of the major factors fueling the advancement of the market.

 

Adhesives are extensively used in various food & beverage packaging applications. With the growing consumer awareness of health and fitness and the rising adoption of busier lifestyles, the demand for maintaining the shelf life or freshness of packaged food items is increasing rapidly all over the world. According to the estimates of All4Pack Paris, the valuation of food packaging is predicted to grow from $273.9 billion to $356.7 billion from 2017 to 2023.

 

Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/packaging-adhesives-market/report-sample

 

The mushrooming sales of packaged food products are boosting the demand for packaging adhesives, which is, in turn, propelling the growth of the packaging adhesives market. Apart from this factor, the increasing popularity of online shopping is also positively impacting the progress of the market. The surging penetration of the internet is fueling the expansion of the e-commerce industry across the globe. Moreover, people are increasingly preferring online shopping these days over the conventional methods.


These factors are boosting the popularity of home deliveries, which is, in turn, augmenting the requirement for packaging adhesives. When formulation is taken into consideration, the packaging adhesives market is categorized into water-based, solid-based, and solvent-based. Out of these, the water-based category recorded the highest growth in the market in the years gone by. This was because the water-borne adhesives are highly eco-friendly and do not contain toxic volatile organic compounds.

01:05

Why is Demand for Organic Fertilizers High in European Countries?

The area attributed for organic farming has witnessed significant growth in the past few years, owing to a number of factors. Several private and public players have made considerable investments in organic food supply chain. In addition to this, people are widely organic food products due to their perceived health benefits and the fact that their production includes low chemical leaching. The price for organic food is also high, since it majorly catering to high-end population in developed countries. 

 

Ascribed to these factors, the global organic fertilizers market is predicted to grow at a considerable pace in the years to come. Furthermore, according to the data by the Research Institute of Organic Agriculture, government initiatives and policies, equivalence agreements between countries for product benchmarking, certification, and labeling, and participatory guarantee systems are compelling landowners to move towards organic farming. This is further expected to drive the demand for organic fertilizers in the years to come. 


The organic fertilizers market is projected to reach $14,746.2 million by 2030, increasing from $4,512.1 million in 2019, progressing at a 14.1% CAGR during the forecast period (2020–2030). When source is taken into consideration, the market is divided into animal, plants, and others, between which, the animal division held the major share of the market in the past. The division is further projected to dominate the market during the forecast period, owing to the high preference for these fertilizers among users. 


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/organic-fertilizers-market-report/report-sample

 

The region is home to the largest tract of organic arable land around the world, owing to which organic cultivation is growing in the region in a number of countries, such as Italy, Spain, France, and Germany. Moreover, the high per capita income of people in the region is also creating high demand for organic food, in turn, driving the demand for organic fertilizers. Other than this, the demand for organic fertilizers is also projected to rise in Latin American and Africa countries in the coming years.

Monday, 9 November 2020

01:49

How Can Levulinic Acid Help in Environment Protection?

The increasing sale of automobiles around the world is leading to the rising demand for petrol (gasoline) and diesel. This is why exploration and production (E&P) activities, which include extracting, transporting, and refining crude oil, are increasing at a rapid pace. Even after refining, gasoline and diesel are not used on their own, but a number of fuel additives are mixed in them to improve their attributes, as well as the performance of vehicles’ engines and fuel pipes.

 

According to P&S Intelligence, this factor would help in driving the levulinic acid market to $60.2 million by 2030, from $27.2 million in 2019, at an 8.8% CAGR during 2020–2030 (forecast period). This is because derivatives of levulinic acid, especially methyltetrahydrofuran (MTHF) and ethyl levulinate, are used as additives in gasoline and diesel, respectively. Fuel additives accomplish various objectives, such as stopping the engine from corrosion, preventing the deterioration of fuel, allowing the fuel to flow in cold weather, and removing carbon deposits from the engine and engine pipes.

 

Similarly, other derivatives of this compound, including sodium levulinate, hydroxymethylfurfural (HMF), diphenolic acid, and succinic acid, are used as additives in personal care products and food and beverages. For instance, sodium levulinate is used in cosmetics as a skin conditioning agent, as well as a preservative in food products, including meat. Developing countries are presently witnessing fast economic growth, which is leading to increasing disposable income. This is why people are spending more than ever on packaged and processed foods and cosmetics, thereby propelling the consumption of levulinic acid.


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The highest consumption of the acid and its derivatives is presently seen in North America, majorly owing to the rising requirement for bio-based chemicals for the manufacturing of agricultural products, fuel additives, and personal care products. For instance, levulinic acid is being increasingly used in bio-based herbicides and pesticides, due to the stringent environmental regulations imposed on the agricultural sector in the region. Moreover, ethyl levulinate is added to biofuels, the demand for which is growing in the continent on account of the rising awareness about the harms of using fossil fuels.