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Showing posts from October, 2023

Furfural Market Research: Uncovering Demand, Growth, and Upcoming Trends

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  The furfural industry refers to the production and commercialization of furfural, a chemical compound derived from various agricultural wastes such as corncobs, oat hulls, and sawdust. Furfural is produced by acid hydrolysis of pentosans, which are complex carbohydrates found in lignocellulosic biomass. The  furfural market size  is estimated to grow up to USD 700 million by 2024, at a CAGR of 4.9% during the forecast period.  Furfural is a versatile compound that has numerous applications in various industries. It is primarily used as a solvent in the refining of lubricating oils and as a raw material for the production of various chemicals such as  #furfurylalcohol , which is used in the manufacture of  #resins ,  #adhesives , and  #coatings . Furfural is also used as a starting material for the synthesis of pharmaceuticals, agrochemicals, and flavoring agents. Additionally, furfural has applications in the production of renewable fuels such as biodiesel and as a feedstock for the

Innovations Driving the Refrigeration Oil Market: Research Insights on Demand and Growth Trends

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  The refrigeration industry is an integral part of modern life, supporting the storage and transportation of perishable goods and maintaining comfortable environments in various sectors. Central to the efficient functioning of refrigeration systems is refrigeration oil. As the demand for refrigeration solutions continues to soar, the refrigeration oil market is experiencing significant growth. In this article, we delve into the key factors driving this market’s expansion, explore the different types of refrigeration oils, and examine the major players and trends shaping the industry’s landscape. The  refrigeration oil market size  is projected to reach USD 1.4 billion by 2026 from USD 1.1 billion in 2021, at a CAGR of 4.1%. Growing demand for frozen food and in the pharmaceutical industry is expected to support the growth of the refrigeration oil market. However, huge investment in R&D and strict rules to limit the use of fluorocarbon refrigerants is restraining the growth of the

Plastic Caps and Closures Market Dynamics: A Comprehensive Analysis of Demand and Growth

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  The report " Plastic Caps and Closures Market   by Product Type (Screw-on Caps, Dispensing Caps), Technology (Injection Molding, Compression Molding, Post-mold TE Band), Raw Material (PP, HDPE, LDPE), End-use (Beverage, Pharmaceutical), Region - Global Forecast to 2025 " The global plastic caps and closures market size is projected to grow from USD 44.3 billion in 2020 to USD 57.0 billion by 2025, at a CAGR of 5.2% between 2020 and 2025.  Browse 217 market data Tables and 50 Figures spread through 203 Pages and in-depth TOC on  "Plastic Caps and Closures Market" Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1314 Plastic caps & closures are used to seal contents within containers, safeguard the packaged product, and to extend the shelf life of the product. The cost-effectiveness, low weight, and compatibility of plastic caps & closures play a crucial role in the growth of the overall market. The plastic caps & closures

Mining Chemicals Market Dynamics: A Comprehensive Analysis of Demand and Growth

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  Mining Chemicals Industry: Unearthing the Demand The mining industry is a vital component of the global economy, providing essential materials for construction, manufacturing, and energy production. One often overlooked aspect of this industry is the significant role played by mining chemicals. These specialized chemicals are instrumental in various stages of the mining process, from ore extraction to metal recovery. In this article, we'll explore the mining chemicals industry and its growing demand, the size of the market, key segments, and the substantial presence of the Asia-Pacific region. MarketsandMarkets projects that the  mining chemicals market size  will grow from USD 6.03 Billion in 2017 to USD 7.54 Billion by upcoming years, at a compound annual growth rate (CAGR) of 4.60%. The Mining Chemicals Industry Mining chemicals are a group of compounds and substances designed to improve the efficiency and safety of mining operations. They are employed in various mining proces

Exploring the Future of the Composite Adhesives Market: Trends and Projections

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  Composite adhesives, a vital component of modern manufacturing and construction, have witnessed significant demand in various industries. One sector where their importance cannot be overstated is the chemical industry. Composite adhesives play a crucial role in ensuring the integrity and longevity of equipment and structures in chemical processing plants. In this article, we explore the growing demand for composite adhesives in the chemical industry and the key factors driving this demand. Understanding Composite Adhesives The global  composite adhesives market  was valued at USD 1.13 Billion in 2016 and is projected to reach USD 1.78 Billion by upcoming years, at a CAGR of 7.9%. Composite adhesives, also known as structural adhesives, are advanced bonding materials designed to join and reinforce a wide range of substrates. These adhesives are known for their exceptional strength, durability, and resistance to environmental factors such as heat, chemicals, and moisture. They are typi

FRP Grating Market Dynamics: A Comprehensive Research Analysis

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  Fiber Reinforced Plastic (FRP) grating is a versatile and innovative material that has found significant demand in various industries, with the chemical sector being a prime example. FRP grating is a structural panel made of resin-reinforced fiberglass, making it lightweight, durable, and highly corrosion-resistant. This article explores what FRP grating is and why it is in high demand within the chemical market. Understanding FRP Grating The  FRP grating market  is projected to reach USD 574.2 Million by upcoming years, at a CAGR of 4.24%. FRP grating is a grid-like structure created by weaving or molding resin-impregnated fiberglass strands. The result is a strong, yet lightweight, composite material that exhibits impressive mechanical properties. FRP grating is engineered to withstand the harsh conditions often encountered in chemical processing and industrial environments. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=196188355 Browse 71 market d

Low Friction Coatings Market Dynamics: A Comprehensive Research Analysis

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  Low friction coatings are a group of advanced surface treatments that offer a plethora of benefits across a range of industries. These coatings are designed to reduce friction, wear, and corrosion, leading to improved performance, durability, and efficiency. One sector where low friction coatings are making a significant impact is the chemical industry. In this article, we'll explore the importance of low friction coatings in the chemical sector, examine their growing demand, and delve into key market segments and regions that are driving industry growth. The   low friction coatings market   is projected to reach USD 810.4 Million by upcoming years, at a CAGR of 5.7%. Low friction coatings are applied to achieve a lower coefficient of friction to enhance smoothness in relative motion and reduce the loss of material. Browse 101 market data tables and 38 figures spread through 149 pages and in-depth TOC on  "Low Friction Coatings Market by Type (Polytetrafluoroethylene (PTFE),

High Speed Steels Market Dynamics: A Comprehensive Research Analysis

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  High-speed steels, a class of tool steels known for their exceptional heat and wear resistance, have found their way into numerous industrial applications. One such industry that heavily relies on high-speed steels is the chemical sector. These remarkable materials play a vital role in chemical processing, ensuring efficiency and durability in an environment where corrosive substances and extreme temperatures are commonplace. This article explores the significance of high-speed steels in the chemical industry and sheds light on the burgeoning demand for these materials. The  high speed steels market   is projected to grow from USD 2.13 Billion in 2016 to USD 2.77 Billion by upcoming years, at a CAGR of 5.3%. Browse 147 market data tables and 48 figures spread through 164 pages and in-depth TOC on  "High Speed Steels Market by Product Type (Metal Cutting Tools, Cold Working Tools, Others), End-Use Industry (Automotive Industry, Plastic Industry, Aerospace Industry, Energy Sector,

Comprehensive Research on Washed Silica Sand: Expert Review

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 Washed silica sand is a high-purity, granular material composed of finely divided quartz grains. It is produced by washing and scrubbing natural silica sand to remove impurities, such as clay, silt, and organic matter. The washing process ensures that the silica sand meets stringent quality standards, making it suitable for a wide range of industrial applications. The global  washed silica sand market size  is projected to grow from USD 18 million in 2021 to USD 24 million by 2026, at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast year. Washed silica sand refers to silica sand that undergoes a washing and rinsing process after mining. Salt, clay, and other powders and dust are washed out of the overall mixture. For More Context Download PDF Brochure at  https://bit.ly/3EQAR4P Here are some key points about washed silica sand and its market dynamics: Purity and Quality : Washed silica sand is prized for its high purity, typically containing over 95% silica conten