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Furfural Market Size to Rise at a Moderate CAGR of 5.5% from 2018 to 2026

The  global furfural market  was valued at US$ 416.97 Mn in 2017 and is anticipated to expand at a CAGR of 5.5% from 2018 to 2026, according to a new report titled ‘ Furfural Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’  published by Transparency Market Research (TMR). Rise in demand for furfuryl alcohol is driving the global furfural market. Asia Pacific accounts for major share of the global furfural market, led by the increase in usage of furfural in the manufacture of furfuryl alcohol in the region. Substitution of Fossil Fuel Resources with Renewable Alternatives Increase in concerns about the adverse effects of fossil resources has led to the need for replacement of these fuels with renewable alternatives. Of late, furfural has gained renewed attention as a potential platform for the production of biofuels and biochemicals. U.S. Department of Energy selected furfural as one of the top 30 platform chemicals that can be de...

Polyurethane (PU) Market Foreseen to Witness 7.2% CAGR During 2018 to 2026

The  global polyurethane market  was valued at US$ 40,063.0 Mn in 2017 and is anticipated to expand at a CAGR of 7.2% from 2018 to 2026, according to a new research report titled ‘Polyurethane Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) The global polyurethane market is driven by rise in the usage of polyurethane in various end-user industries such as bedding & furniture and building & construction.   Rise in Demand for Polyurethane in Bedding & Furniture Industry to Fuel Market Polyurethane is used as a raw material in the manufacture of furniture. The bedding & furniture industry is a major consumer of polyurethane. Increase in the global population is boosting the demand for consumer products. This, in turn, is fueling the bedding & furniture market. Polyurethane is employed in the production of polyurethane coatings. These coatings possess high resistanc...

Hot Melt Adhesives Market is Expected to reach US$ 8642.2 Mn by 2026

In terms of revenue, the global hot melt adhesives market is projected to expand at a CAGR of 8.7% from 2018 to 2026, according to a new research report titled ‘Hot Melt Adhesives Market – Global Industry Analysis, Value, Share, Growth, Trends, and Forecast, 2018–2026’ published by Transparency Market Research (TMR) In terms of value, the  global hot melt adhesives market  is expected to reach US$ 8642.2 Mn by 2026. The market is driven by the rise in demand for hot melt adhesives in packaging and non-woven/ hygiene products. The hot melt adhesives market in Asia Pacific is estimated to expand at a CAGR of 9.2% during the forecast period, owing to the rapid increase in demand for packaging in food and e-commerce sectors in the region. Based on product, the ethylene vinyl acetate segment held major share of the global hot melt adhesives market in 2017. However, the polyurethanes segment is expected to expand significantly from 2018 to 2026. Rise in Demand for Ethylene Vinyl...

Conductive Inks Market to Expand at a steady CAGR of 3.4% during the Forecast Period that is from 2018 to 2026

The competitive landscape of the conductive ink printing market is moderately consolidated with the dominance of key players. The competition in the market is expected to heat up with the entry of several new players says Transparency Market Research. Some of the prominent players operating in the global conductive ink printing are Henkel AG & Co. KGaA, Vorbeck Materials Corporation, Inc., NovaCentrix,  Intrinsiq Materials, Inc., Johnson Matthey PLC, Heraeus Holding GmbH,  Sun Chemical Corporation and Applied Ink Solutions. Key players in the conductive inks market are ramping their investments in development of eco friendly products. This is because harmful chemical used in conductive ink printing market in a way restricting the growth in the  conductive inks market . The new development is foreseen as a significant push to the tranquil growth in the global conductive ink printing market. According to TMR, the global conductive inks market   was noted...

Paints and Coatings Market to Expand at a Robust CAGR of 5.2% between 2018 to 2026

The  global paints & coatings market  was valued at US$ 149.79 Bn in 2017 and is anticipated to expand at a CAGR of 5.2% from 2018 to 2026, according to a new report titled ‘Paints & Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). The global paints & coatings market is driven by growing building and construction activities across the globe. Rise in Demand for Paints & Coatings from Building & Construction Industry to Drive Market The global paints & coatings market is primarily driven by advancements in the building & construction industry. The building & construction industry is projected growth in the next few years due to rise in urbanization and population globally. Urbanization and changing lifestyles are expected to drive the global construction industry in the next few years. Growing population and improving economic conditions have incre...

Defoamers Market to Expand with Significant CAGR 4.0% by 2026

The global  defoamers market  was valued at around US$ 7,000.0 Mn in 2017 and is anticipated to expand at a CAGR of more than 4.0% from 2018 to 2026, according to a new research report published by Transparency Market Research (TMR) titled ‘Defoamers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ Rise in demand for defoamers in water treatment and paints & coatings industries drives the global defoamers market. Asia Pacific accounted for a major share of the global defoamers market. In terms of demand, China accounted for a dominant share of the market in the region. The defoamers market in Asia Pacific is projected to expand at a CAGR of around 5.0% during the forecast period. Rise in Utilization of Defoamers in Paper & Pulp Industry Defoamers play a vital role in pulp and paper mills, as they hamper the formation of foam. They are surface active agents such as esters or amides of fatty acids and PE glycols. Build-up of...

Structural Adhesives Market is Anticipated to Expand at a CAGR of 6.98% from 2018 to 2026

The global  structural adhesives market  was valued at US$ 9,419.4 Mn in 2017. It is anticipated to expand at a CAGR of 6.98% from 2018 to 2026, according to a new research report titled ‘Structural Adhesives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR)  The global structural adhesives market is driven by a rise in demand for structural adhesives from the building & construction and wind energy sectors worldwide. In terms of demand, Asia Pacific accounts for a dominant share of the global structural adhesives market. Increase in Demand for Lightweight and Low-carbon Emitting Vehicles and Aircraft are Driving the Structural Adhesives Market The automotive industry is continually working toward designing lightweight and fuel-efficient vehicles that can reduce carbon dioxide emissions significantly. Stringent regulations regarding carbon dioxide emissions are being imposed w...