Chemical

  A recent study conducted by the strategic consulting and market research firm,   BlueWeave Consulting , revealed that the global heat exchangers market was worth USD 15.4 billion in the year 2021. It is estimated to grow at a CAGR of 4.70%, earning revenue of around USD 21.1 billion by the end of 2028. The global   heat exchangers market   is flourishing at a high rate owing to the rising focus and investment towards efficient thermal management for energy conservation and cost reduction. Furthermore, increasing installation of HVAC systems among residential, commercial, and industrial sectors is also playing a crucial role in driving the growth of the global heat exchangers market. Expanding Power Generation Sector is Driving the Growth of the Global Heat Exchangers Market The rising demand for renewable energy is fueling the growth of the power generation sector, which is further anticipated to propel the demand for heat exchangers in the forecast period. Heat ex...

  A recent study conducted by the strategic consulting and market research firm,   BlueWeave Consulting , revealed that the   global PET foam market   was worth USD 252.5 million in the year 2020. The data gathered by the study reveals that the market is estimated to grow at a CAGR of 11.0%, earning revenue of around USD 504.1 million by the end of 2027. PET Foams or Polyethylene terephthalate foams are thermoplastic closed-cell foams that are increasingly used in sandwich construction. The growth of the PET foam market can be attributed to a number of factors, including the development of end-user sectors such as construction, wind energy, transportation, and packaging, among others. Furthermore, the escalating demand for lightweight materials for the production of renewable energy sources and automobile parts is estimated to drive the global PET foam market during the forecast period. Flourishing Wind Energy Sector Will Boost the Global PET Market The wind energy s...

  A recent study conducted by the strategic consulting and market research firm   BlueWeave Consulting  revealed that the   global plastisol market   was worth USD 16.5 billion in the year 2020. According to the report, the market is estimated to grow at a CAGR of 7.2%, earning revenue of around USD 26.7 billion by the end of 2027. Plastisol is suspensions made of polyvinyl chloride (PVC) materials and plasticizers. These chemicals are increasingly used in various industries, such as automotive, textiles, and construction, which is driving the global plastisol market growth.   Plastisol is also used for high-density (HD) prints and more complex spin casting processes like slush molding. It is less expensive and less sophisticated than injection molding, which is commonly used for plastics. Prospering Automobile and Military Sector Is Driving the Global Plastisol Market Growth Plastisol provides excellent vibration damping, corrosion resistance, chemical res...

  A recent study conducted by the strategic consulting and market research firm   BlueWeave Consulting   revealed that the   global super absorbent polymers (SAP) market   were worth USD 8.8 billion in the year 2020. The market is estimated to grow at a CAGR of 6.5%, earning revenue of around USD 13.7 billion by the end of 2027. The growth of the global super absorbent polymers (SAP) market can be attributed to the rising demand for infant and adult diapers as a result of the rising birth rate and decreasing death rate. Moreover, the growing demand for personal hygiene products is also favoring the market growth. However, the market growth is threatened by limited growth opportunities in developed regions like North America and Europe, and by a rapid shift towards eco-friendly hygiene products like menstrual cups. Increasing Use of Super Absorbent Polymers in Agriculture The application of super absorbent polymers (SAP) in agriculture is increasing at an acceler...