The U.S. thermal spray coating for oil and gas market size was estimated at USD 233.8 million in 2019 and is expected to register a CAGR of 7.8% over the forecast period. The market is primarily driven by ascending demand for thermal spray coating in various applications across the oil and gas industry owing to advantages such as corrosion and wear protection, low toxic gas emissions, thickness, and electrical resistance.
The global plastic packaging market size was estimated at USD 234.14 billion in 2019, exhibiting a revenue-based CAGR of 4.0% over the forecast period. Growing packaged food and beverage industry owing to changing lifestyle and increasing penetration of organize retail is principally expanding the product application scope.
The European polyolefin foam market size was valued at USD 4.1 billion in 2019 and is expected to register a revenue-based CAGR of 5.8% over the forecast period. Polyolefin foam is widely used in various industries, i
The North America expanded polypropylene foam market size was valued at USD 148.37 million in 2019 and is expected to witness significant growth in the years to come.
Climate change is leading many oil companies to continue to decarbonize their energy portfolios as projections indicate that the 2 degree C for global warming as laid out in the Paris Accord cannot be achieved. The resulting "Energy Transition" results in further exploration of gas and renewables as growth sectors in energy.
Styrene Acrylic is a kind of coating which is used for building and construction to provide concrete and roofing applications to improve or provide flexibility, heat sealability, salt stability, and water resistance. Chemically styrene acrylic is nothing but modified acrylic polymer to increase weathering resistance of the polymer.
Industrial ImpactCOVID-19 is impacting every single sector of global industry. The airline industry is struggling with the substantial decrease in the number of passengers and flights.
The global aerospace plastics market size was valued at USD 778.1 million in 2019 and is expected to witness significant growth over the forecast period. Recent developments in the manufacturing of fuel-efficient aircrafts are likely to drive the demand for aerospace plastics in the years to come.
The year 2019 was an interesting one for butadiene market players, and in many ways not what we expected. The year was defined by weak demand growth and a more comfortable market balance, despite significant planned maintenance outages.
The global roofing materials market size was estimated at USD 119.7 billion in 2019 and is expected to register a CAGR of 3.0% over the forecast period. Increasing investments in the renovation and redevelopment of residential and commercial buildings is expected to drive the market growth.
Adhesives can help make an electric vehicle lightweight. Electric vehicle adhesives are ideal replacements for mechanical fasteners in electric vehicle batteries. Electric vehicle adhesives offer several benefits such as even distribution of stress and load across bonded joints; improvement of strength; and efficient and flexible part design.