Chemical Planet

The advantages offered by perlite in construction applications include increased mechanical strength, lightweight, and weather-resistant finish. These advantages are anticipated to boost industry growth over the forecast period. The Global Perlite Market is anticipated to reach USD 1,591.4 million by 2025, according to a new report by Grand View Research, Inc. Growing urbanization and increasing industrialization has led to a rise in demand for perlite in construction sector. Increasing participation to sustain the demand, coupled with the reduced raw material prices, is projected to drive perlite market over the forecast period. Several manufacturing companies are shifting their focus toward developing regions such as Asia Pacific and Central & South America (CSA) on account of the availability of cheap labor. Perlite market is governed by strict regulations for its use in construction, filtration, and agriculture. The Mine Safety and Health Administration (MSHA...

Rising demand for the product for use as an ideal quenching material in circuit breakers and switchgear manufacturing is expected to have a positive impact on the industry growth. The Global Sulfur Hexafluoride Market is expected to reach USD 309.9 million by 2025, according to a new report by Grand View Research, Inc. Key industry participants, have integrated their operations across the value chain by indulging in raw material manufacturing as well as distribution sectors in order to gain a competitive edge in the industry. Active investments in the R&D of the product to reduce the environmental impact and boost efficiency are projected to increase the competitive rivalry among the manufacturers. In June 2014, ABB developed a patented technology to recycle contaminated SF6 gas based on the energy proficient cryogenic process. The use of recycled sulfur hexafluoride gas is expected to mitigate carbon emissions by about 30% and save costs. These factors are, therefor...

Growing demand for low-shrinkage and surface-finished plastic products is likely to drive the market to expand at a 7.3% CAGR during the forecast period. The Global Low Profile Additives (LPA) Market size is estimated to reach USD 1.71 billion by 2025, according to a new report by Grand View Research, Inc. Demand for low profile additives is anticipated to witness significant growth over the coming years on account of an expanding automotive industry in Asia Pacific and North America.Increasing application of polyvinyl acetate (PVA) low profile additives in headlamp reflectors, lighting systems, and under the hood components is likely to drive market growth. On the down side, fluctuation in raw material prices is expected to hinder the growth of the market over the forecast period. Any increase in raw material prices could result in a surge in cost of production, thereby affecting LPA prices. Most companies actively participating in the market have extensive production cap...

Superior properties such as high impact strength, low friction coefficient, high flexibility and low reactivity to chemicals & additives makes it favorable for several applications across various industries. Surge in demand for joint replacement surgeries and PPE market is also expected to drive the global industry. The Global Ultra High Molecular Weight Polyethylene (UHMWPE) Market is expected to reach USD 2.60 billion by 2022, according to a new study by Grand View Research, Inc. Government initiatives to provide superior personal protective equipment and anti-ballistic protection to military and law enforcement are expected to develop the global market. High price compared to other polymers is expected to remain a key challenge for its penetration. Medical & prosthetics was the major application and accounted for over 28% of total UHMWPE market volume in 2014. Increasing geriatric population base in the U.S., Japan, most parts of Europe has increased joint replac...

Multinational companies in the field are constantly improvising their product portfolio to meet existing demand from numerous application sectors, such as film and sheet and injection molding, which is projected to drive industry growth. The Global Polyolefin Market size is expected to reach USD 348.31 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.7% during the forecast period. There has been a rise in usage of eco-friendly polyolefins that cause lower emissions and ensure minimal environment degradation. This can be attributed to growing consumer awareness regarding environment protection, an increase in efforts to curb plastic waste disposal, and stringent government regulations. Apart from compliance to environmental norms, companies are investing in extensive R&D activities, which has prompted the development of novel plastic products that outperform conventional plastics in terms of physical and chemical propert...

Growing demand for the product in the food and beverage sector is expected to stir up the growth of the market over the forecast period. The Global Flexible Packaging Market size is expected to reach USD 293.03 billion by 2022, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.7% during the forecast period. Plastic is the most widely used raw material for flexible packaging. Rising adoption of compact packaging has given impetus to the demand for flexible bags and pouches, encouraging entry of new market participants in the near future. These materials have high potential in the market on account of rising consumer preference, low shipping costs, and less storage requirements. Major companies focus on innovation to cater to target consumers by launching products in extremely small size packs such as pillow packs and sachets, which comprise diverse products from shampoos, conditioners, face creams, and toothpastes to chewing tobacco and ot...

Increasing demand for sustainable packaging is expected to augment the market over the forecast period. The Global Rigid Packaging Market size is projected to reach USD 848.71 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.7% during the forecast period. Packaging is a process of protecting and enclosing goods for storage, distribution, and sale. Rigid packaging is a type of packing which is characterized by high stiffness, impact strength, and barrier properties. It is offered in several forms, including jars, containers, bottles, and cans. Raw materials required for manufacturing of rigid packing include metals, paper & paperboard, glass, and plastic. Suppliers of these materials are present worldwide, making the market fragmented. Rio Tinto and Alcoa are some of the key suppliers of metals such as aluminum, while ArcelorMittal is the largest steel manufacturer in the world. Final products are sold by distributors...