Market insights

Precast means construction of a product by casting concrete and other construction material in a reusable mold and curing it under a controlled environment. It is then transported to the construction site and lifted into a place. Precast concrete provides plenty of potential advantages for onsite casting. The improvement in precast technology for the production of precast concrete is safe because the process is performed on the ground level. The material quality and workmanship are under great control in precast over onsite casting. They can be reused hundreds to thousands of times before they can be replaced, which make them cost-efficient. The fact that more and more construction industries prefer to use precast concrete over onsite concrete will see this market grow in upcoming forecast years 2018-2023. Request Sample The Global Precast Market has been analyzed with respect to different parameters such as demand, supply, end-users, and value chain of companies and manufacturers of ...

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. Cosmetic Ingredients Market Report Coverage The: “Cosmetic Ingredients Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Cosmetic Ingredients Industry. By Ingredient: Emulsifier, UV Absorbers, Conditioning Polymers, Surfactants, Antimicrobials, Emollients, and Others. By Application: Skin Care, Hair Care, Oral Care, Nail Care, Perfumes and Fragrance, and Others. By Ge...

A report released by the India Brand Equity Foundation (IBEF) on automotive industry states that there is an increase in sales of vehicles by 9.5% year-on-year, which translates to 4.02 million units excluding two-wheelers in 2017. Also, the domestic automobile production showed significant growth with compound annual growth rate (CAGR) of 7.08% during FY13-18 with 29.7 million vehicles manufactured in the country in the year 2018[1]. The increasing sales of vehicles and rising demand for lightweight as well as heavy-duty vehicles is creating a major demand for automotive lubricants. The demand for lubricants from different sectors is creating numerous opportunities in the Indian industrial lubricants market which had a market size of around 4.68 billion as of 2018. Furthermore, the demand for Indian industrial lubricants will observe a healthy CAGR of around 4.6% during the forecast period of 2019 to 2025. Indian Industrial Lubricants Market Outlook: Lubricants are an important part...

Renewable Chemicals Market Overview Renewable Chemicals market size is forecast to reach US$ 52.3 Billion by 2026, after growing at a CAGR of 12.7% during 2021-2026. Renewable chemicals or 'bio-based chemicals' are chemicals obtained from renewable sources such as agricultural feedstock, agricultural waste, organic waste products, biomass, and microorganisms. Polylactic acid (PLA) and polyhydroxyalkanoates are some of the most promising biopolymers as they can be produced from nontoxic renewable feedstock. Whereas, Itaconic acid is widely used as a building block for acrylic plastics. They have a lower carbon footprint compared to conventional Petro-based chemicals and are used widely as a direct substitution. It is majorly used in Automotive, Industrial, and Agriculture. Europe is considered to dominate the market on account of increasing European Union investment to establish a Green Economy coupled with stringent REACH and European Commission regulations towards petrochemic...

Thermoplastic Composites Market Overview Thermoplastic Composites Market size is expected to be valued at $22.4 billion by the end of the year 2026 and is set to grow at a CAGR of 7.2% during the forecast period from 2021-2026. Thermoplastic composites are seeing a surge in the demand from the automobile sector, since various types of thermoplastic composites such as polyamide and polybutylene terephthalate are used in automotive components. Thermoplastic composites are extensively used in the door, walls & ceiling panels of cars and trucks, in other plastic components of the car such as armrest components, setback assemblies, dashboard, and luggage racks on top and display housings in the front interior of a car. The increase in investments from the aerospace and defense industry is also highly driving the thermoplastic components market. COVID-19 impact Amid the Covid-19 pandemic, the thermoplastic composites market incurred major losses due to various restrictions laid in light...

Transmission & Hydraulic Fluids Market Overview Transmission & Hydraulic Fluids Market size is expected to be valued at US$10.6 billion by the end of the year 2026 and the transmission & hydraulic fluids industry is set to grow at a CAGR of 4.7% during the forecast period from 2021-2026. Transmission & hydraulic fluids are used for transmitting power in hydraulic equipment and in other power transmission applications. Various types of transmission fluids such as polyalkylene glycols and glycol ether is used in many applications such as brake fluids, metal-on metal applications for thermal stability and power transmission. Automatic transmission fluid and manual transmission fluid are the main categories of transmission fluid which is used in automotive engines and machineries used in construction sector. Other chemical substance such as organophosphate, isoflurophate and others are used as performance additives to engine oils. This is hugely driving the transmission ...

Industrial Rubber Products Market Overview The industrial rubber market size is forecast to reach US$160 billion by 2026, after growing at a CAGR of 7% during 2021-2026. Natural rubber and synthetic rubber are often used in various end-use industries for applications such as belts, hoses, tubes, and bearings. The rapid growth in tire manufacturing has been contributing towards the industrial rubber products industry growth. In addition, there is a surge in the production of medical equipment, which as a result is increasing the demand for industrial rubber for the manufacturing of medical equipment . Furthermore, for the manufacturing of vehicles, the automotive industry uses industrial rubber in many of its parts and components, which is also set to accelerate the market growth during the forecast period. COVID-19 Impact The industrial rubber products market was affected by the COVID-19 pandemic in 2020, due to the strict lockdown guidelines. The lockdown enforced the closure of non-...