Chemicals Key News

  The global  marine lubricants  market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™. The title of the report is ,  “Marine Lubricants Market Size, Share & Industry Analysis, By Product (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Others; By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, Others), and Regional Forecast, 2019-2026.”  As per this report, the market value was USD 8.01 billion in 2018 and will rise at a CAGR of 2.13% during the forecast period, 2019 to 2026. The report provides a 360-degree overview of the market, focusing on major growth parameters such as drivers, restraints, challenges, trends, and opportunities. It also offers the competitive landscape of the market and list of leading players. Segmentation of the market based on factors such as product, ship type, and regions is

   The global  liquid waste management  market size is predicted to reach  USD 85.02 billion by 2026 , exhibiting a CAGR of 3.3% during the forecast period. The rising population around the world has led to a necessity for efficient liquid waste management, which, in turn, will bolster the healthy growth of the market in the forthcoming years. As per the United Nations study, the world population is expected to reach 8.5 billion by 2030, 9.7 billion by 2050 and surpasses 11 billion by 2100. Competitive Landscape: Expansion of Xylem's Technological Hub to Boost Business Prospects Xylem Inc., a leading American water technology company for residential, commercial, agricultural and industrial settings announced the launch of its innovative multi-disciplinary center for water, wastewater and energy technologies at the company's regional headquarters in Singapore. The expansion project will help the company to enhance its R&D capabilities alongside helping sustainable investment

   The global  aerospace composites  market size is projected to reach  USD 29.69 billion by 2026 , exhibiting a  CAGR of 9.27%  during the forecast period. Heavy reliance on carbon fiber composites for manufacturing aircraft components will be the key growth driver for this market. Carbon fiber composites replaced aluminium as the primary material for making airplanes a few decades ago as aluminium was proving economically infeasible for aircraft manufacturers. The switch to carbon fiber was based on the material’s lightweight properties as well as high durability and tensile strength. Moreover, carbon fiber, unlike other metals, is resistant to corrosion and fatigue and therefore, reduces maintenance costs of aircrafts. For example, Boeing utilizes carbon fiber composites in making all parts of its iconic 787 Dreamliner to keep it lightweight and sturdy. Thus, emergence of carbon fiber has augured well for the market for aerospace composites.   List of the Key Companies Profiled in t

   The global  Automotive Lubricants Market size  is expected to reach  USD 79.91 billion by 2026 , exhibiting a  CAGR of 1.58%  during the forecast period. The growing adoption and popularity of synthetic lubricants in the automotive sector will have a positive impact on the automotive lubricants market growth during the forecast period. The growing innovation in lubricants has improved the overall of quality, which has led to extended oil drain and service intervals, better fuel efficiency, and a more extended protection period. This factor will spur demand for lubricants, which in turn, will enable speedy growth of the market. Besides, the increasing awareness regarding the benefits of synthetic lubricants among consumers will aid the market revenue for automotive lubricants in the foreseeable future. List of the Key Companies Operating in the Automotive Lubricants Market are; Royal Dutch Shell PLC Exxon Mobil BP p.l.c. Chevron Total China National Petroleum Corporation IDEMITSU KOS

  The global  water and wastewater treatment  market size is projected to reach USD 456.68 billion by 2026. The increasing demand for water treatment facilities across the world will have a positive impact on the growth of the market in the coming years. the market was worth USD 265.30 billion in 2018 and will exhibit a CAGR of 7.1% during the forecast period, 2019-2026. Water and Wastewater Treatment Market Analysis, Insights and Forecast, 2015-2026 Water and wastewater treatment is carried out before being used for commercial and domestic purposes. The growing demand for freshwater, coupled with the low availability of naturally available drinking water has created a subsequent demand fort this process. The increasing investment in the R&D of this process will bode well for the market in the coming years. The constantly increasing global population has created a subsequent demand for water and wastewater treatment across the world. The increasing water shortages have contributed

   The global  hair care market size  is projected to reach USD 111.98 billion by 2026, exhibiting a CAGR of 5.2% during the forecast period. Rising incidence of hair problems in urban areas is expected to be the central growth driver for the hair maintenance market, finds Fortune Business Insights ™  in its recent report, titled  “ Hair Care Market Size, Share & Industry Analysis, By Products, By Distribution Channel, and Regional Forecast, 2019 – 2026 ”.   Urban spaces are a hotbed for pollution and extreme weather changes, which has led to long-term health hazards for humans and for the environment. Compounding to this is the expanding number of people in the working age group of 15 to 60 years, which has raised the overall stress quotient in big cities. A study published in the Journal of Clinical and Diagnostic Research in 2018 revealed that 60.3% of the working-class males reported that they are suffering from a hair loss problem, while 17.1% said that have a dandruff problem

  The Sports Drink Market report executes a PESTEL study and SWOT analysis to reveal the stability, restrictions, openings, and threats in the market. Combined with the market analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the market, and all articulated with geographical and merchandise segments. Moreover, it also shows different procedures and strategies, benefactors and dealers working in the market, explores components convincing market development, generation patterns, and following systems. Additionally, the figures and topics covered in this report are both all-inclusive and reliable for the readers. The Global  Sports Drink Market Size  is predicted to reach USD 32.61 billion by 2026, exhibiting a CAGR of 4.2% during the forecast period. The growing number of health-conscious consumers around the world will consequently aid the Sports Drink Market growth in the forthcoming years. Furthermore, the g

  The global  skin care market share  is projected to reach USD 200.25 billion by 2026. The high investments in the development of skin care products with organic and safe ingredients will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled  “ Skin Care Market Size, Share & Industry Analysis, By Products (Creams, Lotions, Powders, Sprays, and Others), Packaging Type (Tube, Bottle, Jar, and Others), Gender (Men and Women), Distribution Channel (Cosmetic Stores, Supermarkets/Hypermarkets, Online Channels, and Others), and Regional Forecast, 2019 - 2026 ”  the market was worth USD 133.90 billion in 2018 and will exhibit a CAGR of 5.24% during the forecast period, 2019-2026. Skin care products are gaining rapid popularity across the world. The changing lifestyle habits, coupled with the high spending power of common people will aid the growth of the market in the coming years. The advancements in Skin Care industry have opened up a hug

  The   global Caps and Closures Market size   is predicted to reach USD 82.30 billion by 2026, exhibiting a CAGR of 5.52% during the forecast period. The growing demand for lightweight packaged products will spur demand for caps & closures during the forecast period. Moreover, the growing demand for packaged drinking water, carbonated drinks, and cold-pressed juices will create business opportunities for the Caps and Closures Market in the forthcoming years. The growing awareness regarding the physical properties of caps such as impact, stress, crack resistance along with odor restraining properties will impel companies to utilize caps and closures in the packaging, which in turn will boost the Caps and Closures Market revenue in the foreseeable future. The market size stood at USD 54.32 billion in 2018. The report offers informative insights into all the prevailing trends of the Caps and Closures Market analysis. It shares a comprehensive summary of all the segments and regions.

 The  global Construction Chemicals Market size  is projected to reach USD 70.91 billion by the end of 2026. The need for improved infrastructure will open up a huge potential for the growth of the market. the market was worth USD 42.32 billion in 22018 and will exhibit a CAGR of 6.7% during the forecast period, 2019-2026. Construction chemicals are used as additives in cement and other construction material. They are widely used for improving the performance of several products, with a bid to establishing durable and structures and interiors. The high investment in the research and development of newer products will have a positive impact on the growth of the market in the coming years. Besides durability, this product provides strength to the substance in which they are used. The presence of several large scale companies will have a huge impact on the growth of the market in the foreseeable future. The properties of construction chemicals such have allowed applications across diverse

  The   global beverage packaging market size   is predicted to reach USD 177.04 billion by 2026 on account of the rising adoption of inexpensive and lightweight packaging materials in the food and beverage industry. Beverage packaging can be utilized for a variety of products such as water, beer, soft drinks, spirits, coffee, wine, sports drinks, energy drinks, dairy products, juice, hard drinks, and others. As per the needs of consumers, they can be packaged in various shapes and sizes. Materials used for beverage packaging includes plastics, metal, and glass. The COVID-19 pandemic has led to severe repercussion owing to its widespread effects across several economies. Multiple industries are facing unprecedented economic loss owing to the lockdown announced by the governments across the globe that has resulted in the complete shutdown of businesses. The crippling economy, however, is being revived through collective efforts from the government, as well as the industries and is expec

  The Global   Can Coatings Market size   is projected to reach USD 2.65 billion by 2026, on account of change in living habits and rising demand for canned products from the food and beverage industry. Cans are used for preserving products and storing them for safe transport from manufacturing units to the end-user. The increasing popularity of packaged food and beverage products is a significant factor boosting the can coatings market size. More information on the market is provided in a recently published report by Fortune Business insights™ titled ,  “Can Coatings Market Size, Share & Industry Analysis, By Type (Epoxy, Acrylic, and Others), By Application (Food Cans, Beverage Cans, Aerosol Cans, and Others) and Regional Forecast, 2019-2026.”  As per this report, the market value was USD 1.97 billion in 2018 and is expected to rise at a CAGR of 3.8% between 2019 and 2026. Expansion of Product Portfolio- Key Strategy Adopted by Players Major can coatings manufacturers are excludi

  The global   Ceramic Tiles Market size   is projected to reach USD 82.83 billion by 2026, attributable to the rise in construction activities worldwide. Ceramic tiles offer functions such as scratch-resistance, slip-resistance, cracking-resistance, and are appealing aesthetically. Fortune Business insights™ provide a comprehensive overview of the market in their recently published report titled “ Ceramic Tiles Market Size, Share and Global Trend By Application Area (Floor, Walls, Others), By End-Use (Residential, Non-Residential), and Geography Forecast till 2026.”  As per this report, the market size was USD 57.26 billion in 2018 and will rise at a CAGR of 4.7% between 2019 to 2026. Key Drivers Government-supported Initiatives to Improve Existing Infrastructure will Bode Well for Market Increasing construction and renovation activities worldwide is a significant factor propelling the ceramic tiles market growth. This, coupled with the rise in government initiatives to improve public

  The global  automotive tapes market size  is projected to reach $6.40 billion by 2026. The increasing applications of the product will fuel its demand across diverse industries. According to a report published by Fortune Business Insights, titled  “ Automotive Tapes Market Size, Share and Global Trend by Type (Specialty, Double-sided, Masking, Others), By Function (Bonding, Masking, Noise, vibration, and harshness {NVH}, Others), By Application (Interior, Exterior, Wire Harnessing, Others) and Geography Forecast till 2026 ,”  the market was worth USD 5.17 billion in 2018 and will exhibit a CAGR of 3.16% during the forecast period, 2019-2026. The global Automotive Tapes Market report contains market revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete a

 The global Home Fragrance Market size is expected to reach USD 7.96 billion by 2026, exhibiting a CAGR of 4.6% during the forecast period. Rising urban population is anticipated to emerge as the key factor driving the growth of this market, finds Fortune Business Insights™ in its recent report, titled “ Home Fragrance Market Size, Share & Industry Analysis, By Product Type (Candles, Diffusers, Sprays, and Others), Distribution Channel (Offline and Online), and Regional Forecasts, 2019 – 2026 ”. The UN Department of Economic and Social Affairs (DESA) estimates that presently, nearly 55% of the world’s population lives in urban areas. By 2050, the DESA projects, close to 68% of the global population will inhabit urban areas, adding 2.5 billion urban dwellers across the globe. Enlarging urban areas are hubs for pollution, heat, and unpleasant smells. Residential air fresheners provide relief from these nuisances and therefore, their demand is set to spike in the forthcoming years. Th

  The global   Insulation market size   is expected to witness considerable growth owing to increasing demand for constructional activities across the globe. Fortune Business Insights, in its latest report, titled “Insulation Market Size, Share & Industry Analysis, By Material (Mineral Wools (Glass Wool, Stone Wool)), Foamed Plastics (Expanded Polystyrene (EPS), Extruded Polystyrene (XPS), Polyurethane (PU), Polyisocyanurate (PIR), Cellulose, Aerogels, Others), By Application (HVAC & OEM, Transportation, Packaging, Building & Construction, Others), and Regional Forecast, 2019-2026.” Observes that the market is projected to reach USD 79.06 billion by 2026 while exhibiting a CAGR of 4.6% between 2019 and 2026. The report further mentions that the market was worth USD 55.16 billion in 2018 and is anticipated to rise significantly during the forecast period. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experienc