The Nitrile Butadiene Rubber (NBR) Market is valued at over 1,000 kilotons in 2021 and is projected to register a CAGR of over 5% during the forecast period (2022-2027). Due to the COVID-19 outbreak, nationwide lockdown around the globe, disruption in manufacturing activities and supply chains, production halts have negatively impacted...
The industrial burner market is anticipated to grow from an estimated USD 5.9 billion in 2022 to USD 7.9 billion in 2027, at a CAGR of 6.1% during the forecast period. The market has a promising growth potential due to increased deployment of natural gas-based industrial burners, especially in Europe. The rapidly expanding manufacturing sector...
The global process analytical instrumentation market is expected to witness a CAGR of 7.56% over the forecast period (2021-2026). In the market analyzed, the recent COVID-19 outbreak resulted in high demand. During the COVID-19 outbreak, the need for accelerated research has grown substantially, and the public expects exceptional progress...
The COVID-19 pandemic has had quite an impact on the Chinese pharmaceutical and healthcare industry, through industry analysts expect a speedy recovery back to normal levels of demand. The Chinese pharmaceutical and healthcare industry is one of the largest markets in the world, and it is well on its way to becoming a leading global hub for...
The market for zero liquid discharge systems is expected to register a CAGR of over 9%, during the forecast period. One of the major factors driving the market is the rapidly increasing demand for freshwater. However, the high capital and energy cost of ZLD system technology is likely to restrain the market. - Rising expenses for wastewater...
The petrochemical industry in the US has been facing pressure from multiple fronts as the COVID-19 pandemic, and low energy prices have driven down demand. Nevertheless, the third quarter of 2021 witnessed better market performance as the US maintained its leading position in global petrochemical capacity and welcomed a better economic scenario....
The market for diethyl ether is expected to witness a CAGR of more than 5% during the forecast period. One of the major factor driving the market is the growing demand for Industrial and laboratory solvents. However, formation of explosive peroxides is expected to hinder the growth of the market studied. - Automotive industry dominated...
The global catalyst handling services market size is projected to reach USD 620 million by 2025 from USD 510 million in 2020, at a CAGR of 4.0% during the forecast period. The demand for catalyst handling services in emerging economies, such as APAC, MEA, and South America, is increasing owing to the growth in industrial activities. Increasing...
The pipeline & process services market is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.1 billion in 2020, at a CAGR of 5.5% during the forecast period. The rising demand for crude oil & natural gas, especially from Asia Pacific, and the increasing need for safe, economical, and reliable connectivity drive the growth of...
The global ion exchange resins market size is projected to register a CAGR of 4.2%, in terms of value, between 2020 and 2025. The global ion exchange resins market size is projected to grow from USD 1.8 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 4.2%, between 2020 and 2025. Urbanization in APAC, increasing...