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Nanoporous Materials Market Forecast to Reach $7.5 Billion by 2026


Nanoporous Materials Market Segment Analysis – By Geography
Asia Pacific region held the largest share in the nanoporous materials market in 2020 up to 34%, owing to the increasing chemical and, oil & gas industry in the region. According to the European Chemical Industry Council or Cefic, with €1,198 billion in 2018, China was the largest chemical producer in the world, contributing 35.8% of global chemical sales in 2018. The BRIC countries (Brazil, Russia, India, and China) accounted for 42.8% of global chemical sales in 2018. Six countries out of the top 10 biggest producers are Asian generating chemical sales of €1,886 billion – 51.5% of the world market. China’s sales levels are higher than the EU and US markets combined (€1,198 billion compared to €565 bn + €468 bn). According to the International Association of Oil & Gas Producers (IOGP), in 2018, Asia Pacific produced 7.6 million barrels of oil per day, 8% of the world’s total. China was the region’ ....

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Core Materials Market Size Forecast to Reach $2.5 Billion by 2025


Core Materials Market Size Forecast to Reach $2.5 Billion by 2025
Higher Investment Costs and Delays in the Renewal of Production Tax Credit (PTC) Are, However, the Main Constraints on the Global Core Materials Market
BriefingWire.com, 1/03/2021 - Core Materials Market size is forecast to reach $2.5 billion by 2025, after growing at a CAGR of 14.1% during 2020-2025. Core materials are considered as the special class of composite materials, normally having low strength, but higher thickness provides the sandwich composite with high bending stiffness with overall low-density boosting demand in various industries. The key growth factors of the global core materials market are the significant increase in demand for composites from the marine industry and the rising use of composites in the aerospace end-use sector. Also, the growing market for longer and lightweight wind turbine blades, increasing offshore wind power infrastructure. ....

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Cosmetic Ingredients Market Size Forecast to Reach $11.8 Billion by 2025


Cosmetic Ingredients Market Size Forecast to Reach $11.8 Billion by 2025
Stringent Regulatory Controls and Higher Research and Production Costs are Main Constraints on the Worldwide Demand for Cosmetic Ingredients Market.
BriefingWire.com, 1/03/2021 - Cosmetic Ingredients Market size is forecast to reach $11.8 billion by 2025, after growing at a CAGR of 7.1% during 2020-2025. Cosmetic ingredients are the specific sets of substances that are used in the formulation and composition of cosmetics which enhances the physical appearance of people. Globally, changing lifestyles and growing spending capacity rise in the awareness about beautification, and an increase in per capita income and an urbanized population will accelerate the prime growth of the global cosmetic ingredients industry in the forecast era. ....

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Advanced Materials Market Size Forecast to Reach $2.1 Trillion by 2025


Growing Demand for Battery Electric Vehicles Driving the Growth of Advanced Materials Market
BriefingWire.com, 12/29/2020 - Advanced Materials Market is forecast to reach $2.1 trillion by 2025, after growing at a CAGR of 4.5% during 2020-2025. Advanced Materials is a promising technology transforming the global manufacturing industry, especially in its replacement of plastics and metals with ceramics and composites in high-performance applications. Growing public interest towards end products replacements will further enhance the overall market demand for advanced materials during the forecast period.
Key Takeaways
Asia-Pacific dominates the advanced materials market owing to increasing demand from various end use industries such as automotive, aviation, building & constructions with others. ....

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