Demand from China for base metals has predominant impact on the production and supply all over the world. The rising construction and other activities across the world is raising the demand for base metals.
According to Goldstein Research, the rise in building and construction activities serves as a prominent factor enhancing the demand for coil coatings.
Expanding automotive industry, growing construction activities, and increasing demand from the oil and gas industry are the major factors driving the growth of the paints and coatings market
Global composite market report encompasses the analysis of new opportunities emerging in the market, major factors driving the growth of market, and the factors posing threats & challenges to the market.
Healthcare industry, defense & aerospace, packaging, and construction industry are some of the top industries to benefit from the use of advanced materials in order to improve productivity, performance, sustainability and regulatory obligations.
The market revenue of force sensors was estimated to be $2.03 billion in 2017 and it is expected to grow at a CAGR of 5.49% during the forecast period i.e. till 2023.
With the rising population, there is a need to transform the pattern of fuel consumption in order to sustain their demands. Use of alternate fuels is 30% cost efficient and 100% lower emission.
Polyethylene is the most frequently used material, due to its unique features of durability, acid, and chemicals resistant which have been backing factor in the growth of plastics and packaging industries.
Rise in the construction and building activities is one of the major drivers fuelling the global cement market growth.
The application of Adhesives & sealants in fast-growing automotive, packaging & construction industries is majorly driving the growth of the global Adhesives and sealants market.