The need for using energy efficiently is increasing day-by-day, which can be ascribed to the surging population across the globe and inadequacy of existing energy resources to fulfill the needs of this population. In addition to this, because of excessive utilization of fossil fuels for generating energy the ozone layer has started depleting. Therefore, in addition to using efficiently, reducing … Continua a leggere
Factors such as the increasing tourism sector, rising investments in the construction industry, and surging use of advanced technologies including robotics, artificial intelligence, and infrared/thermal scanning are expected to drive the growth of the U.A.E. facility management market at a CAGR of 10.8% during 2021–2030. According to P&S Intelligence, the market size is projected to reach $39,680.8 million by 2030 … Continua a leggere
The revenue of the Nigerian gas genset market in 2021 was estimated at $259.8 million, and it is predicted to witness a CAGR of 7.9% during 2021–2030, to reach $514.4 million by 2030. The key factors supporting this growth include the rapid commercial and industrial development amidst the long-standing energy crisis. Almost every industry, such as manufacturing, food and beverage, … Continua a leggere
From $2,885.57 million in 2019, the global microfiltration membrane market value is expected to surge to $7,517.38 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market will exhibit a CAGR of 9.0% from 2020 to 2030 (forecast period). The market is being driven by the burgeoning requirement for microfiltration technologies for industrial wastewater … Continua a leggere
The flourishing automotive industry is one of the major factors propelling the demand for pour point depressants all around the globe. This is mainly ascribed to the fact that pour point depres-sants are widely required for the production of lubricants used in vehicles. In addition to this, the surging automotive production in several nations such as India, Indonesia, Thailand, and … Continua a leggere
Key factors such as the rapid industrialization and urbanization and surging awareness regarding green buildings will drive the construction chemicals market at a CAGR of 6.5% during the forecast period. At this rate, the market value will rise from $55,111.6 million in 2017 to $80,025.4 million by 2023. A range of chemicals are added to concrete, cement, and other construction … Continua a leggere
The construction equipment market growth between 2021 and 2030 will be primarily driven by rapid urbanization around the world. The accelerating urbanization rate will increase the demand for housing projects and propel investments in infrastructure development. In recent years, the surging use of electric and fully autonomous equipment has become a key market trend. Usage of autonomous equipment increases the … Continua a leggere
Wherever there are mechanical objects at work, there are friction and wear and tear due to their constant contact with each other. This is why lubricants are so important in factories and other industrial settings. Wear and tear and the heat generated due to friction are the major forces behind the breakdown of machines. Apart from leading to the need … Continua a leggere
In 2017, the global hexamine market generated a revenue of $315.4 million and is expected to attain $394.2 million in 2023, advancing at a 3.7% CAGR during the forecast period. The market is witnessing growth due to the rising utilization by the plastics industry and increasing demand from end-use industries. A white crystalline compound made by the combination of formaldehyde … Continua a leggere
The expanding packaging industry is expected to drive the global polyester hot melt adhesives market to $717,152.6 thousand by 2030 from $473,057.2 thousand in 2019, at a 5.3% CAGR between 2020 and 2030. These adhesives offer high stability and temperature resistance, which is why they are preferred in packaging applications. Presently, the increasing demand for bottled water, packaged food, dairy … Continua a leggere