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Showing posts with the label Specialty and Fine Chemicals

Ethylene Vinyl Acetate Demand Growth Accelerated by Expanding Construction Sector

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Ethylene vinyl acetate (EVA) is a versatile thermoplastic polymer that provides excellent clarity, flexibility, adhesion properties, and environmental stress crack resistance. EVA finds wide applications in hot melt adhesives, cables & wires insulation, solar panels backing sheets, and footwear among others. Key products like window & door profiles, pipes, cables, and photovoltaic modules have witnessed increased consumption of EVA resins owing to ongoing infrastructure development activities worldwide. The global ethylene vinyl acetate market is estimated to be valued at US$ 1710.66 Mn in 2024 and is expected to exhibit a CAGR of 3.4% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market Key Trends: Expanding construction sector has been a major driver for growing demand of EVA globally. Rapid urbanization and housing projects in developing nations has boosted the production of PVC profiles, pipes, wires & ca...

Flocculant and Coagulant Market Primed for Significant Growth Accelerated by Wide Range of Industrial Applications

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Flocculants and coagulants are widely used in water and wastewater treatment plants to remove suspended solids from water bodies. They help filter out unwanted contaminants like dirt particles, algae, chemicals, bacteria and other microorganisms. The global flocculant and coagulant market is driven by rising industrialization and stringent regulations related to wastewater discharge. The growing demand from end-use industries such as municipal as well as industrial wastewater treatment facilities is spurring market revenue. The global flocculant and coagulant market is estimated to be valued at US$ 10.4 Bn in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased demand from emerging economies is one of the key trends fueling the growth of the flocculant and coagulant market size over the forecast period. Rapid industrialization and urbanization i...

The global Thermal Spray Coatings Market Growth Accelerated by Increasing Demand from Automotive and Aerospace Industry

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Thermal spray coatings are surfacing materials applied through a cold spraying or flame deposition method to enhance the surface properties of metals, ceramics, polymers and other materials. These coatings provide benefits like wear and corrosion resistance, improved surface hardness, low friction and electrochemical insulation. Components in the automotive, aerospace, industrial gas turbine, electronics, oil & gas and medical industries benefit greatly from thermal spray coatings. The global Thermal Spray Coatings Market is estimated to be valued at US$ 11424.77 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increasing demand from the automotive and aerospace industries is accelerating the growth of thermal spray coatings market. Thermal spray coatings play a vital role in reducing the overall weight of vehicles and aircraft while enhancing th...

The global flocculant and coagulant market Growth Accelerated by Widespread Adoption in Wastewater Treatment

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Flocculants and coagulants are extensively used in wastewater treatment plants to alter the physical properties of suspended solid particles in water bodies. Flocculants bind suspended solid particles together and coagulants neutralize particle surface charges helping them clump together and settle down faster for easy separation. Growing concerns regarding water pollution and stringent regulations for wastewater discharge have increased the need for effective wastewater treatment processes worldwide. The global flocculant and coagulant market is estimated to be valued at US$ 10.4 billion in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the flocculant and coagulant market growth is their widespread adoption in wastewater treatment facilities across various end-use industries such as municipalities, food & beverage, pow...