Chemical Updates

   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  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  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  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

  Global Nylon Market size was valued at USD 23.64 Billion in 2018 and is expected to reach USD 30.77 Billion by 2026, exhibiting a CAGR of 3.3% during the forecast period 2019-2026 The Global Nylon 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 analysis of the current situation and the advancement possibilities of the market across the globe. This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies. List of Best Companies in the Nylon Market Include; DuPont BASF SE Lanxess AG Nylon Corporation of America, Inc. (NYCOA) Shenma Industria

  The global chromium oxide market size is set to touch USD 703.3 million by 2026, exhibiting a 4.6% CAGR during the forecast period. Rising steel production will be the key factor driving the global Chromium Oxide Market growth during the forecast period. Steel production is one of the core economic activities for any country and steel is extensively used in a variety of industries such as automotive and construction.  Besides this, the report also provides an in-depth evaluation and analysis of the different dynamics and aspects that will influence the development of the market during the forecast period. Economic development across the globe has further raised the demand for steel, leading to a constant rise in its production. According to the World Steel Association (WSA), the steel industry accounts for close to USD 2.9 trillion in terms of value addition. The WSA has further reported that compared to 2017, in 2018, steel production rose by 4.6%, with Asia recording the highest gr

  The   Global Sports Footwear Market siz e   is projected to reach USD 142.40 billion by 2026, and will rise at a  CAGR of 4.8 %  from 2019 to 2026. The market value was  USD 98.70 billion in 2018 . The Global Sports Footwear 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 analysis of the current situation and the advancement possibilities of the market across the globe. This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies. Attributable to the rising prevalence of sports culture. Sports footwear is mainly designed for any physical

  The global respiratory protective equipment (RPE) market size is projected to reach USD 12.88 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Spread of the coronavirus through air route will surge the adoption of RPE throughout 2020, observes Fortune Business Insights™ in its report, titled “ Respiratory Protective Equipment (RPE) Market Size, Share & Industry Analysis, Types By Product (Air Purifying Respirators (APR) {Unpowered Air-Purifying Respirators [Disposable Filtering Half Mask, Half Mask, and Full Face Mask], and Powered Air-Purifying Respirators (PAPR) [Half Mask, Full Face Mask, and Helmets, Hoods & Visors}, and Supplied Air Respirators {Airline Respirators, Self-Contained Breathing Apparatus (SCBA),   Combination SAR/SCBA or APR/SAR}), By End-Use (Industrial, Oil & Gas, Mining, Petrochemical, Construction, Healthcare, Pharmaceuticals, Fire Service), and Regional Forecast, 2020-2027 ”. In July 2020, scientists from 32 countries provided

  The global oral care market size is projected to reach USD 38.89 billion by the end of 2027. Increasing awareness regarding the importance of dental hygiene will lead to a wider product adoption.   the market was worth USD 30.91 billion in 2019 and will exhibit a CAGR of 3.1% during the forecast period, 2020-2027. Oral care products are widely used to maintain hygiene as well as conduct a few procedures that are used to maintain oral hygiene. The changing consumer habits towards oral care have created a huge demand for these products across the world. The presence of several large scale companies in the dental sector will emerge in favor of market growth. Increasing awareness regarding the importance of oral care and maintaining proper hygiene will create several growth opportunities for the companies operating in the market. The rising incidence of mouth cancer resulting from improper dental care has contributed to the growing awareness regarding its importance. Moreover, recent pro

  The global feminine hygiene products marke t  size is expected to gain momentum by reaching USD 51.13 billion by 2027 while exhibiting a CAGR of 4.6% between 2020 and 2027. This is attributable to the growing awareness regarding menstruation amongst women and the increasing prevalence of lower reproductive tract infections across the globe.   The report further mentions that the market stood at USD 39.73 billion in 2019 and is projected to showcase an exponential growth in the forthcoming years. COVID-19 Effect: Sky-rocketing Prices of Product to Hamper Growth Prospects The increasing demand for essential FMCG products amid the novel coronavirus has resulted in the high prices of commodities in the hypermarkets/supermarkets. The hoarding of goods by people in the wake of indefinite lockdown announced by the government agencies globally has caused disruptions in the supply and demand of the products. This is expected to hamper the growth of the market to some extent. However, the incr

  The global food packaging marke t   is anticipated to gain traction from their ever-increasing usage in the food & beverage industry. These packages provide protection to food items from tampering, pest attack, spoilage, contamination, and damage during retail sale, storage, and transport.  The report further mentions that the food packaging market size stood at   USD 290.1 billion   in 2018 and is projected to reach   USD 440.1 billion   by 2026, thereby exhibiting a CAGR of 5.4% during the forecast period. Drivers & Restraints- Rising Demand for Convenience Food Items to Spur Growth The demand for fast food items is increasing at a fast pace worldwide because of the changing lifestyles of the masses. Hence, several convenience food manufacturers are striving persistently to introduce new products equipped with nutritional ingredients that would not cause any damage to the human health. It would also contribute to the growth of the market. In addition to this, the need for g

  The Global Paints And Coatings Market Size expected to reach $236.1 billion by the end of 2026, the market valued USD 146.5 billion in 2018. Driven by the huge demand for the product across diverse industries, the Paints and Coatings Market will exhibit a CAGR of 6.2% during the forecast period, 2019-2026. Paints and coatings are widely used across diverse industries. The product is used in interior as well as exterior parts of all infrastructures. The demand for these products has risen dramatically in recent years. Advances in paints and coating manufacturing methods have emerged in favor of market growth. The growing construction industry in several countries across the world will aid the growth of the market in the forthcoming years. Increasing use of the product in public infrastructure projects, coupled with the efforts put in by governments will contribute to the growth of the market. The report encompasses several factors that have contributed to the growth of the global Pain

  The global washing machine market size is set to hit  USD 80.87 billion by 2026 , exhibiting a  CAGR of 5.8%  during the forecast period. The growing pace of globalization will play a crucial role in driving this market in the foreseeable future, finds Fortune Business Insights™ in its new report, titled  “ Washing Machine Market Size, Share & Industry Analysis, By Product (Fully Automatic, Semi-Automatic, and, Dryer), By Capacity (Below 6 Kg, 6.1-8 Kg, and Above 8Kg), and Regional Forecast, 2019-2026 ”.  Globalization is a process wherein countries are getting interconnected economically, politically, and culturally. Most importantly, this process has facilitated accessibility and affordability to a host of technologically advanced products, from supersonic airplanes to simple home appliances such as washing machines. According to the World Bank, globalization has accelerated the pace of technological diffusion. Furthermore, cross-border exchange of technology has made life simp

  The global Automotive Lubricants Marke t   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. The market size stood at USD 70.25 billion in 2018. The report automotive lubricants market report focuses and elaborates the definition, types, applications, and major players in deta

  The global Solar Control Window Film market size is projected to reach USD 959.0 million by 2026, exhibiting a CAGR of 6.1% during the forecast period. Escalating carbon emission levels around the world will be a key factor driving the growth of this market, According to the US Environment Protection Agency (EPA), carbon dioxide has the largest share of 65% in the total greenhouse gases (GHGs) emitted around the world. Majority of these carbon emissions come from transportation activities, wherein vehicles primarily depend on fossil fuel energy. To address this issue, there is a dire need to develop technologies and tools to relieve the pressure on the fast-depleting fossil fuel sources. In this context, solar window films can play a decisive role as these plastic layers efficiently absorb sunrays and prevent them from entering wholesale into a car or house, thus keeping the place cool and reducing energy consumption. Market Driver Extensive Benefits of Window Films for Residential S

  The Global Adhesives & Sealants Market Size is expected to reach USD 66.76 billion by 2026, exhibiting a CAGR of 5.05% during the forecast period. Promising growth of the global building and construction industry is touted to be the top factor driving this market in the foreseeable future. According to the French credit insurance company, Euler Hermes, the global construction industry grew by 3.5% in 2018 from 2017 levels, making 2018 the best-performing year for the industry in a decade. List of Top Players Covered in the Adhesives & Sealants Market Research Report are; Sika AG PPG Industries B. Fuller Company Avery Dennison Arkema S.A.  RPM International Inc. Huntsman Corporation BASF SE Ashland Inc. 3M Market Report Overview Furthermore, a joint report produced and published by Global Construction Perspectives and Oxford Economics predicts that the value of this industry will hit $15.5 trillion by 2030, with an 85% rise in volume. India, China, and the US will account for