Advanced Materials Market Research Reports

Gypsum Board Industry Overview The global  gypsum board market  size is expected to reach USD 109.95 billion by 2028 registering a CAGR of 11.8%, according to a new report by Grand View Research Inc. Increasing utilization of gypsum boards in decorative and partitioning applications in residential constructions is anticipated to drive the market over the forecast period. Rise in the construction industry across the globe is likely to provide growth opportunities to the market. The product demand is also driven by the residential sector, wherein, it is widely used for room partitioning.   Gypsum Board Market Segmentation Grand View Research has segmented the global gypsum board market report on the basis of product, application, and region:   Based on the Product Insights, the market is segmented into   wallboard, ceiling board, pre-decorated board and others Wallboards emerged as the largest product segment in 2020 and accounted for a share of more than 50% owin...

  Gaskets And Seals Industry Overview The global  gaskets and seals market  size is expected to reach USD 81.70 billion by 2030, as per a new report by Grand View Research Inc., registering a CAGR of 4.1% over the forecast period. The use of advanced materials in the production of seals and gaskets for critical applications including aircraft manufacturing, medical equipment, and chemical processing is expected to drive the market growth over the forecast period. Packing seals are widely used in power transmitting shafts of a rotating machine. They are used in various applications ranging from automobiles, rockets, ships, industrial plant equipment, and consumer devices. These seals prevent the leakage of fluid used in the machine to the external environment.   Gaskets And Seals Market Segmentation Grand View Research has segmented the global gaskets and seals market report based on product, application, end-user, and region: Based on the Product Insights, the market...

    Flooring Industry Overview   The global flooring market size was valued at USD 388.24 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2021 to 2028.   Increasing government spending on infrastructural development is expected to play an important role in augmenting the demand for flooring. The rising need for comfort and privacy owing to noisier surroundings has spurred the demand for insulation across the flooring market as a well-insulated floor creates an improved sound environment. This has resulted in the growing demand for insulation, thereby supporting market growth. Moreover, consumer preferences for aesthetically improved designs, textures, & colors and low-maintenance & easy-to-install floorings are anticipated to ascend the market growth.   Gather more insights about the market drivers, restrains and growth of the   Global Flooring Market   Strong industrial and economic development coup...

  Composites Industry Overview   The global composites market size was estimated at USD 86.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.6% from 2021 to 2028.   Increasing demand for performance materials in various industries such as automotive & transportation, wind energy, and aerospace and defense is expected to drive the market over the forecast period. The ongoing COVID-19 outburst across the globe has significantly impacted the supply chains as major economies suspended the trade operations. Moreover, demand for composites across various end-use industries such as aerospace, automotive, and construction has been reduced. However, with the ease of trade restrictions, the situation is expected to recover in 2021, which will restore the growth trajectory of the market.   Gather more insights about the market drivers, restrains and growth of the   Global Composites Market   High cost of raw materials for com...

    Wood Pellets Industry Overview   The global wood pellets market size was estimated at USD 8.88 billion in 2019 and is expected to register a revenue-based CAGR of 9.4% over the forecast period.   Growing consciousness regarding the use of renewable energy sources for space heating in residential and commercial heating is likely to propel the demand. Wood pellets undergo complete combustion while burning, thereby providing more heat as compared to the other biomass fuels. In addition, clean combustion of wood pellets contributes to its application in pellet stoves and pellet fireplaces along with the tax benefits and incentives associated with renewable energy and energy efficiency.   The demand for wood pellets in fueling the power plants for electricity generation is projected to witness significant growth owing to the rising number of power plants in the country. China has banned the use of coal-fired boilers in the East and Guangdong province. The low cos...