Market insights

The Global Transformer Oil market is valued of $3019mn at a CAGR of 5.47% during the forecast period 2017 -2023. Bio-based transformer oil is witnessing significant popularity in the market and is estimated to grow fastest during the forecast period owing to the increase in fire accidents in mineral oil-based transformers and the non-biodegradable nature of mineral oil. The modernization of existing transformer is one of the key factors impacting the growth of the market. The rise in demand for electricity globally is resulting in demand for new transformers and replacement of old ones are set to drive the market. APAC region is estimated to witness fastest growth in terms of revenue with major share in global market followed by Americas and Europe. What is Transformer Oil Transformer Oil is an oil that is steady at high temperature and a superlative insulator for electricity. This transformer oil is majorly a derivatives of mineral oils, but substitute composition with better physica...

The global Diamond Tools Market is estimated to surpass $4.37 billion marks by 2026 growing at an estimated CAGR of more than 6.7% during the forecast period 2021 to 2026. The use of efficient tools for the purpose of surface finishing and cutting of materials is an important factor in light of the economic efficiency of many processes and industries. For some applications, tools with super hard nature provide a cost-effective alternative to conventional tools. Diamonds are one such natural hard materials on the earth, which are harder than corundum and silicon carbide. When used on tools, diamonds grinds the materials to the micro (nano) level. Trade policy barriers with the effect of Brexit and strong financial support from governments in emerging nations may challenge the European exporters in their domestic markets. Meanwhile, the machine tool industry (including diamond tools) is a technical and technology-intensive sector, the recent technological developments from other nations...

Biofuel Additives market size is forecast to reach US$12.5 billion by 2026, after growing at a CAGR of 12.9% during 2021-2026. Biofuels are developed from lignocellulosic feedstock. Biofuel additives are specialty chemicals that are used to enhance biofuel properties. Biofuel additives improve engine performance and also reduce brake-specific fuel consumption (BSFC). Biofuel additives play a crucial role in addressing different issues such as low oxidation stability, high foaming tendency, and corrosion in IC engines. Biodiesel and bioethanol are the commonly used biofuels among end use-industries. The growing demand for clean & efficient fuel among end-users is driving the market growth for biofuel and further driving the market for biofuel additives. The growing automotive sectors and increasing transportation activities globally are the major factors supporting the market growth between 2021-2026. The various government-supporting regulatory policies and tax incentives across ...

IndustryARC’s recently published report highlights that the global semiconductors market was valued $430 billion in 2018. Rising electronics demand across the globe and development of the global IT industry will mark as significant driving factors in growth of the global electronic chemicals and materials market. The estimated revenue of the global electronic chemicals and materials market was $52.25 billion in 2018, large market size shows the huge demand of specialty chemicals and materials during manufacturing procedure of semiconductors. Furthermore, Asian electronics market is witnessing a growth, owing to rise in consumer technology consumption rate and emerging application of electronic equipment. Moreover, APAC holds a strong base of electronic manufacturing companies such as Lenovo, Samsung, Toshiba, OnePlus, Videocon, and several others, owing to which APAC held a huge regional share of 62% in 2018, and contributed largely to the global electronic chemicals and materials mar...

Floor Coatings Market size is forecast to reach $9.5 billion by 2025, after growing at a CAGR of 5.7% during 2020-2025. Floor coatings are applied on surfaces to impart slip resistance properties to them. Besides offering slip resistance, they also exhibit anti-vibration, anti-static, and waterproof properties. Rising construction industry and increasing use of coatings in commercial, industrial, and residential applications are factors favoring the market growth. Report Coverage The report: “Floor Coatings Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Floor Coatings Market Industry. By Type: Epoxy , Polyurethane , Acrylics, Polymethyl Methacrylate (PMMA) and Others. By Formulation: Solvent-based, Water-based, and Others By Flooring Material: Wood, Concrete, Mortar, Terrazzo and Others. By Application: Commercial Buildings (Shopping Malls, Restaurants and Hotels, Office Buildings, and Others), Institutional Buildings (Edu...

Medical services require wires and cables for measurement and treatment purposes. For medical cable assemblies that must withstand a high number of steam autoclave cycles, silicone-jacketed cable and silicone over-molding of strain reliefs are typically required. Medical tubing is one of the major applications of silicone and is used in devices such as respirators and intravenous drug. Apart from these, silicone are also used in ventilation masks, transfusion delivery systems, handles for surgical instruments, breading tubes, microphone holders for hearing aids, tube connector and many other. Rising health concerns coupled with the increasing adoption of advanced technologies in the field of medicine for various applications have been stimulating the market revenue in the recent years. Rising infrastructure development in healthcare will allow the silicon wire and cable manufacturers to expand their penetration in the country with huge application of these wires from medical equipment ...

Wood coating additives market size is forecast to reach $870 million by 2026, after growing at a CAGR of 6% during 2021-2026 forecast period, owing to the increasing usage of wood coating additives such as nanofibrillated cellulose in various applications to protect the wood from bacteria, and other harmful organisms, and artificial weathering. In addition, coating additives enhance the appearance and longevity of coated surfaces, while increasing the substrate wetting, mar and gloss retention, intumescent retardant, chemical, UV, and corrosion resistance. The rapid growth of the infrastructure industry has increased the demand for wood coating additives; thereby, fueling the market growth. Furthermore, the flourishing food packaging industry is also expected to drive the wood coating additives industry substantially during the forecast period. Request Sample COVID-19 Impact Various countries have declared a complete national lockdown as a result of the corona virus 2019 (COVID-19) ou...