Chemical Industry - Market Research Report

  Thermal Spray Coatings Industry Overview The global  thermal spray coatings market  size is anticipated to reach USD 15.41 billion by 2030, according to a new report by Grand View Research, Inc., growing at a CAGR of 4.8% over the forecast period. The global market growth is attributed to the developments in aerospace, automotive, industrial gas turbines, oil & gas, steel, printing, and medical applications. The thermal spray coatings provide electrical/thermal conductivity, enhanced wear resistance, lubricity, chemical resistance, heat resistance, and corrosion resistance to the machine parts. Most of the machine parts are of high value, whose frequent replacement is uneconomical and leads to high costs for the end-user industries.   For example, drilling bits used in mining and offshore drilling operations have to endure the impact of hard terrains and the reaction of undersurface chemicals. The thermal spray coatings provide the required corrosion and wea...

  Aluminum Extrusion Industry Overview The global  aluminum extrusion market  size is expected to reach USD 168.88 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.5% over the forecast period. Increasing investments in infrastructure and residential construction are projected to drive market growth during the forecast years. Emerging economies of the Asia Pacific, Central & South America, and Middle East & Africa regions are witnessing increasing investments in the residential and infrastructure sector owing to the rapid urbanization, rising per capita income levels, and growing population. For instance, in the economic budget of FY 2020-21, the Indian government announced around USD 1.41 trillion for infrastructure projects in the country.   The Indian government is set to develop 6,500 projects under its National Infrastructure Pipeline (NIP) over the next five years. In addition to the construction indust...

  Metal Stamping Industry Overview The global  metal stamping market  size is expected to reach USD 310.69 billion by 2030, expanding at a CAGR of 4.7% over the forecast period, according to a new report by Grand View Research, Inc. The increasing production of automobiles is anticipated to drive the demand for metal stamping as it is used in the manufacturing of car body panels, transmission components, and interior and exterior structural components. Automobile consumers are shifting their focus towards lightweight vehicles on account of rising concerns about environmental pollution. According to LMC Automotive, U.S. light vehicles sales reached around 14.5 million in 2020 and are expected to reach nearly 15.8 million by 2022. The growing demand for lightweight vehicles is encouraging auto component manufacturers to increase their production capacities and engage in new product developments.   This, in turn, is anticipated to augment market growth over the comin...

  Atmospheric Water Generator Industry Overview The global  atmospheric water generator market  size is expected to reach USD 4.56 billion by 2030, registering a CAGR of 9.0% over the forecast period, according to a new report by Grand View Research, Inc. The market is primarily driven by declining freshwater levels, rising technological advancements, and favorable government regulations. The demand for freshwater for industrial and drinking uses is expected to witness growth on account of the declining freshwater levels and depleting water supplies. Moreover, increasing infrastructural development and rapid industrialization have contributed to water scarcity, thereby augmenting the demand for these products over the forecast period.   Atmospheric water generators (AWGs) are manufactured using two principles, including cooling condensation and wet desiccation. Cooling condensation is the most widely used technique owing to large-scale installations in various ind...

  Ammonium Sulfate Industry Overview The global  ammonium sulfate market  size is expected to reach USD 5.04 billion by 2030, as per the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.7% from 2022 to 2030. The advancement in agriculture technology would drive the demand for fertilizers, which would indirectly result in the growing demand for ammonium sulfate.   Ammonium sulfate is an inorganic water salt comprising sulfur and nitrogen. The composition is used in the agricultural sector as fertilizer. It has the ability to provide stability and functionality to the fertilizer. Benefits associated with these fertilizers include water-solubility, easy blending abilities with nitrogenous fertilizers, and elevation of soil. These benefits ensure high plant growth, thereby leading to the high demand from farming communities.   Rice is a staple food crop in most Asian countries and is grown by almost two billion people according to...

  Defoamers  Industry Overview The global defoamers market size was valued at USD 3.26 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2022 to 2030. The market growth is attributed to the increasing usage of the product in numerous agrochemicals, including pesticides and fertilizers, and significant growth in the infrastructure of water treatment. The product plays a significant role in minimizing the carbon footprint caused by manufacturers and end-users, which is likely to propel the demand for low VOC solvent-free defoamers. Manufacturers are focusing on the usage of bio-based and sustainable raw materials instead of petro-based variants. Producers, on the other hand, are focusing on the development of modified and high-performance silicone compounds to enhance product performance.   Gather more insights about the market drivers, restrains and growth of the Global Defoamers Market   The product is wi...