Advanced Materials Market Research Reports

    Industrial Insulation Industry Overview   The global industrial insulation market size was estimated at USD 7.24 billion in 2019 and is projected to exhibit a CAGR of 5.1% in terms of revenue, over the forecast period.   Increasing product demand for enhancing the equipment efficiency and process performance across application industries is projected to be the major factor driving the growth. Insulation eliminates the heat transfer out of the equipment system and improves machine performance by making manufacturing processes more efficient. It offers frost protection to pipelines at low temperatures which makes it suitable for transportation equipment. Growing demand coupled with availability of the product at affordable prices is likely to boost market growth.   Gather more insights about the market drivers, restrains and growth of the   Global Industrial Insulation Market   The U.S. market for industrial insulation is anticipated to expand at a C...

Aerospace Parts Manufacturing Industry Overview   The global aerospace parts manufacturing market size was estimated at USD 851.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2022 to 2030.   The rising demand for lightweight, new-generation and fuel-efficient aircraftowing to the emphasis on reducing Greenhouse Gas (GHG) emissions is predicted to boost market growth over the forecast period.The aerospace industry was severely impacted due to the COVID-19pandemic as manufacturers were unable to export the product owing to the trade limitations placed by the various governments. In addition, the majority of the manufacturers suspended operations across all the major economies to comply with the norms for lockdown, which impacted market growth.   Gather more insights about the market drivers, restrains and growth of the   Global Aerospace Parts Manufacturing Market   The market for aerospace parts manufacturing is e...

  Europe Wood Based Panel Industry Overview   The Europe wood based panel market size was estimated at USD 16.85 billion in 2016. Wood based products have been dominating the furniture and construction sector in the region and this trend is expected to continue over the projected period, thus impacting the industry on a positive note.   The European wood based panel industry is governed by the stringent regulatory framework. The products offered by the manufacturers need to comply with the quality standards given by the European Union. As a result, manufacturers are likely to focus more on R&D and product quality. Changing consumer preference from the use of ceramic and glass to wood products in furniture, and construction applications is expected to hamper product demand.   Gather more insights about the market drivers, restrains and growth of the   Europe Wood Based Panel Market   The product is bio-derived and is expected to witness significant growt...

    U.S. Rainscreen Cladding Industry Overview   The U.S. rain-screen cladding market size was estimated at USD 25.8 billion in 2017 and is expected to register a CAGR of 6.5% over the forecast period.   Increasing product penetration in the U.S. construction industry owing to ease of availability, durability, energy efficiency, and aesthetic appeal is expected to fuel market growth. The market is driven by factors such as increasing demand for enhanced moisture management solutions and ease of product replacement. Industry growth can also be attributed to the increasing trend of protecting exterior walls, coupled with a surge in the construction of non-residential buildings such as offices and institutions.   Increasing awareness regarding sustainable construction is expected to boost demand for rain-screen cladding over the forecast period. The product aids in increasing the energy efficiency of a structure, leading to a decrease in energy requirement for heat...

Ultraviolet Disinfection Equipment Industry Overview The global ultraviolet disinfection equipment market size was valued at USD 7.13 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 12.1% over the forecast period. Increasing demand for ultraviolet (UV) disinfection equipment in healthcare facilities is expected to have a positive impact on the market growth. The rising prevalence of COVID-19 cases coupled with the increasing R&D spending is expected to boost the demand for UV disinfection equipment over the forecast period. Furthermore, factors, such as disruptions across several end-use industries caused by the COVID-19 pandemic and increased concerns about germs, are expected to have a positive impact on the market growth. Gather more insights about the market drivers, restrains and growth of the   Global Ultraviolet Disinfection Equipment Market UV air purification is a proven technology, and in many cases, the WHO and CDC have promoted the...

  Healthcare Personal Protective Equipment Industry Overview The global healthcare personal protective equipment market size was valued at USD 22.96 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.1% from 2020 to 2028. The rising product demand, especially from the healthcare industry, due to the global Covid-19 pandemic, coupled with rising awareness about Healthcare-Associated Infections (HAIs), is likely to drive the market growth. Personal Protective Equipment (PPE) acts as a barrier between infectious viruses and the eyes, nose, mouth, and skin of the person using it. Thus, healthcare personnel use PPE to minimize their exposure to infectious microorganisms in the clinical environment. Products, such as gowns and gloves, are used to interrupt the transmission of pathogens when treating patients with communicable diseases. Gather more insights about the market drivers, restrains and growth of the   Global Healthcare Personal ...

  Southeast Asia Personal Protective Equipment Industry Overview   The Southeast Asia personal protective equipment market size was estimated at USD 2.69 billion in 2019 and is projected to expand at a compounded annual growth rate (CAGR) of 8.1% from 2020 to 2027.  Growing awareness regarding worker health and safety coupled with increasing industrial fatalities, primarily in the emerging economies, owing to lack of protective gear is also anticipated to steer the growth of the market for Personal Protective Equipment (PPE). Additionally, regulatory agencies in Southeast Asia are enforcing stringent norms on employers in order to make it compulsory to ensure worker safety on account of increasing hazards in these regions. Southeast Asia PPE market is expected to witness significant during the forecast period on account of growing demand from chemical and oil and gas industries.  In Indonesia, the overall growth is projected to increase across all infrastructure...

  Steel Pipes & Tubes Industry Overview   The global steel pipes & tubes market size was valued at USD 142.4 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2020 to 2027.  Increasing oil & gas production owing to the demand from the transportation industry is one of the prominent growth drivers for the market. The oil & gas industry is the major consumer segment for steel pipes & tubes. Steel pipes are used for the transportation of gas & liquid in this industry. They are generally manufactured using low alloy or carbon steel. The inside diameter, ductility, yield strength, and pressure rating are some of the key factors considered while selecting pipes for specific applications. The U.S. oil & gas industry is among the primary end-users for steel pipes and tubes. The product is used in upstream, midstream as well as downstream processing of crude oil. The market is anticipated to register stead...

  Structural Steel Industry Overview   The structural steel market size was valued at USD 96.94 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2021 to 2028.  Infrastructural developments, in both developing as well as developed countries, are anticipated to remain primary factors driving the demand for structural steel. The growing housing needs, as a result of the increasing population across the globe, is also among the key factors driving the product demand. As per the projections estimated by the United Nations, the global population will reach 11.2 billion by 2100, which, in turn, is expected to augment the demand for new houses, thus, indirectly contributing to the growth of the market. The growing preference for sustainable materials is driving the market in the U.S.  Gather more insights about the market drivers, restrains and growth of the   Global Structural Steel Market Structural steel is considered a gre...