Posts

Showing posts from June, 2023

Needle Coke Market Forecast 2027: Trends & Competition

Image
  The global   needle coke market   is expected to witness significant growth in the forecast period i.e. 2023-2027. Needle Coke is a specialty grade carbon final & raw material extracted from the ethylene tar pitch, low-Sulphur vacuum residues, coal tar pitch, petroleum fluidizing catalytic cracking (FCC), and refined solvent coal. Needle coke possesses exceptional strength, high-temperature resistance, ionizability, bulk density, superior electric conductivity, low coefficient of thermal expansion, and bulk density. All these characteristic helps them to increase the demand for needle coke worldwide. According to World Steel Association AISBL, in 2021, the global average production of crude steel worldwide reached 1,953,304 thousand tons per year. The needle coke produces graphite electrodes for the steel industry to melt steel scrap or scrap substitute. Thus, as the demand for crude steel increases, the need for needle coke will rise in the projected year. Ongoing ...

Tile Adhesives Market - Trends, Industry Growth, Size & Forecast

Image
  The global   tile adhesive market   is anticipated to observe impressive growth for the forecast period, 2023-2027. The major factors are rapid urbanization, modernization, and industrialization, which increase the demand for the tile adhesive market globally. Developed and developing countries are majorly focusing on investing in infrastructures and several development projects, which fuels the growth of the tile adhesive market. Also, Growth in residential construction activities can be seen due to the migration of individuals from rural places to urban cities.  Therefore, the growing use of tiles for covering walls and floors has propelled the tile adhesive industry. Increasing Demand from the Residential Sector One of the primary reasons due to which growth of global tile adhesive is the significant rise in residential developments. Lots of people from rural areas have migrated to urban areas in search of jobs and better facilities, which has increased the real...

Technical Textiles Market 2027 – Size, Growth Trends & Forecast

Image
  The global   technical textiles market   is anticipated to witness a significant CAGR in the forecast period, 2023-2027. The advantages offered by technical textiles, such as cost-effectiveness, lightweight, hygiene and safety, durability, strength, user-friendliness, and logistical convenience, and the rise in awareness and applications of technical textiles are the primary factors driving the demand for global technical textiles market. Also, the extensive ongoing research and development activities and the integration of novel technologies are expected to create numerous growth opportunities for the market players in the forecast period. Supportive Government Policies Favor the Market Growth The textile industry faces major challenges in growing in different countries, such as technical standard requirements, conformity assessment procedures, and tariff barriers. Several government bodies are working to boost the local textile industry through free trade agreements. ...