Sales of Hexamine Set to Shoot Up in Coming Years

Hexamine Market

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

How Is Automotive Sector Pushing Methylene Chloride Sale?

Methylene Chloride Market

The International Organization of Motor Vehicle Manufacturers (OICA) states that 1,427,074 vehicles, 3,506,774 vehicles, 447,218 vehicles, 3,176,600 vehicles, 691,286 vehicles, 3,394,446 vehicles, 25,225,242 vehicles, and 2,014,055 vehicles were manufactured in Thailand, South Korea, South Africa, Mexico, Indonesia, India, China, and Brazil, respectively, in 2020. The surging automobile production in developing countries is creating an extensive requirement for paints and adhesives, … Continua a leggere

Surging Number of Smartphones Increasing Demand for OLED Materials

OLED Materials Market

With changing times, people are demanding advanced technologies in just about everything, such as TVs and other consumer electronics and electrical appliances. This has increased the demand for OLED displays in smartphones, because of the rising preference of consumers for high-quality displays in these devices. This has become possible because of the rising income, which is ultimately driving the OLED … Continua a leggere

High Disposable Income To Fuel Automotive Refinish Coatings Sale in Indonesia

The Central Bureau of Statistics, the U.S., states that the per capita disposable income of Indonesia surged from IDR 38,555.200 in 2017 to IDR 41,287.100 in 2018. The rising mounting disposable income of people has led to a significant surge in the purchasing power of people in local demographics, owing to which Indonesia is witnessing the large-scale introduction of numerous … Continua a leggere

Groundwater Depletion Supporting Expansion of Domestic Pump Market

Domestic Pump Market

The global domestic pump market revenue stood at $2,912.9 million in 2020, and it is predicted to rise to $3,832.0 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market will grow at a CAGR of 2.8% from 2021 to 2030 (forecast period). The surging construction activities in the residential sector, increasing number of … Continua a leggere

Increasing Construction Activities Driving Global Acrylates Industry

Acrylates Market

The global acrylates market revenue stood at $10,949.9 million in 2018, and it is predicted to surge above $12,593.8 million by 2024. According to the estimates of the market research company, P&S Intelligence, the market will demonstrate a CAGR of 4.9% from 2019 to 2024 (forecast period). The market is being driven by the booming construction sector in several countries, … Continua a leggere