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Showing posts with the label Polymers and Resins

Polysilicon Market Growth Accelerated By Use In Solar PV Cells

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Polysilicon Market Polysilicon is a high-purity form of silicon used primarily as feedstock for the production of photovoltaic cells, which are commonly used in solar panels. Polysilicon is considered as the backbone of the solar industry as over 60% of the total solar panel cost is attributed to the polysilicon raw material. It offers high conductivity and purity levels suitable for solar cell applications compared to metallurgical-grade silicon. The global Polysilicon Market is estimated to be valued at US$ 12.8 Bn  in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing demand for solar PV cells is a key driver boosting the growth of the polysilicon market. Rapid expansion of the global solar industry and increased adoption of solar energy over conventional sources are increasing the consumption of polysilicon raw material. Government targets...

The Global Webbing Market Growth Accelerated By Webbing Market Establishing Itself As A Durable Material

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Webbing Market Webbing is a durable and lightweight fabric commonly used for safety belts, straps, and suspension of components. It is typically made of nylon, polyester, or polyethylene and is known for its high strength and abrasion resistance capabilities. Webbing finds widespread usage in seat belts, harnesses, climbing gear, towing straps, military equipment belts and more owing to its versatility.  The global Webbing Market is estimated to be valued at US$ 941.85 Mn in 2023 and is expected to exhibit a CAGR of 18 % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing popularity of outdoor recreational activities such as hiking, rock climbing, camping and more has augmented the demand for high quality climbing gear and safety equipment which use specialized types of webbing. Manufacturers are focusing on developing lightweight yet durable webbing materials that can withstand harsh o...

The Global Cross Linked Polyethylene Market Growth Accelerated By Rising Demand From Various Industries

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Cross Linked Polyethylene Market Cross-linked polyethylene (XLPE), a polyethylene foam characterized by its cross-linking structure, is widely used across various industries owing to its excellent electrical insulation, flame-retardant and chemical resistance properties. Cross-linked polyethylene finds application in electrical and telecom cables, pipes and fittings, sheets and films, foams, and other industrial applications. It helps protect electrical wires and cables from moisture, chemicals, cracking and abrasion. The global Cross Linked Polyethylene Market is estimated to be valued at USD 7.6 billion   in 2023 and is expected to exhibit a CAGR of 7.6%  over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rising demand from various industries such as oil & gas, construction, automotive, and others is a key trend driving the growth of the cross-linked polyethylene market. Cross-link...

Sustainable Packaging Is The Fastest Growing Segment Fueling The Growth Of Adhesive Tapes Market

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Adhesive Tapes Market  The global Adhesive Tapes Market is estimated to be valued at US$ 54027.73 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview Adhesive tapes are flexible strips or rolls of backing material coated with an adhesive. They are used for sticking, fixing, sealing, marking and decorating surfaces. They find wide applications in packing, healthcare, electrical & electronics, white goods and stationery among others. Market key trends One of the key trends in the market is growing demand from the sustainable packaging segment. With rising environmental concerns, packaging manufacturers are emphasizing on reducing plastic waste and using eco-friendly materials. Adhesive tapes made from recycled or biodegradable materials are gaining popularity as they aid in creating sustainable packaging solutions. Major tape manufacturers are introduci...

Medical Biopolymer-Based Plastics Is Fastest Growing Segment Fueling The Growth Of Antimicrobial Plastics Market

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Antimicrobial Plastics Market  Market Overview: Antimicrobial plastics products help prevent the growth of microbes such as bacteria, viruses, mold and mildew. They are extensively used across healthcare, packaging, food and beverage industries. Plastics containing antimicrobial agents in their composition provide long lasting protection and are easy to clean. Market key trends: Growing demand for medical biopolymer-based plastics from the healthcare industry is a major trend fueling growth of the antimicrobial plastics market. Biopolymers provide inherent antimicrobial properties and are increasingly replacing traditional petroleum-based plastics in medical applications like surgical instruments, implants and contact lenses. They exhibit high strength, flexibility and biodegradability. Increased investments by manufacturers in development of innovative blends of biopolymers integrated with silver and zinc-based antimicrobial additives will further drive the medical biopolymer pla...

Adhesive Tapes Market Expected To Reach USD 49,980.5 Billion By 2023

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Adhesive Tapes Market The Adhesive Tapes Market Demand is estimated to be valued at USD 49,980.5 million in 2023 and is expected to exhibit a CAGR of 3.97% over the forecast period from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Adhesive tapes are widely used in various industries for bonding and sealing applications. The market for adhesive tapes is driven by their convenience, ease of use, and cost-effectiveness. Additionally, the increasing demand from the packaging industry, coupled with the growing automotive and construction sectors, is fueling the market growth. Adhesive tapes offer advantages such as flexibility, durability, and excellent holding power, making them ideal for various applications. Market Key Trends: One of the key trends driving the adhesive tapes market is the growing demand for eco-friendly and sustainable products. With increasing environmental concerns and regulations, manufacturers are focusing on ...

Growing Demand For Polyethylene Terephthalate (PET) Bottles Drives The Global Polyethylene Terephthalate Market

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Polyethylene Terephthalate (PET) Market Market Overview: Polyethylene terephthalate (PET) is a strong, lightweight, and recyclable polymer widely used in the production of beverage bottles, food containers, packaging materials, and fiber applications. The increasing demand for PET bottles in various industries such as food and beverages, pharmaceuticals, and personal care is driving the growth of the global polyethylene terephthalate market. PET bottles offer several advantages including transparency, durability, and resistance to impact, chemicals, and moisture. The need for sustainable packaging solutions and the growing awareness of environmental concerns have also contributed to the market growth. Market Key Trends: One key trend in the polyethylene terephthalate market is the rising demand for recycled PET (rPET). With increasing concerns about environmental sustainability, there is a growing emphasis on recycling plastic waste. rPET is produced by collecting, sorting, cleaning, ...

Antimicrobial Plastics Market Estimated To Reach US$30.05 Billion By 2023

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Antimicrobial Plastics Market Market Overview: Antimicrobial plastics are designed with built-in properties that inhibit the growth of microorganisms, making them highly effective in reducing the risk of infections. These plastics find extensive applications in the healthcare, packaging, consumer goods, and automotive industries. They offer superior resistance against bacteria, fungi, viruses, and mold, thereby ensuring enhanced safety and hygiene. The increasing demand for antimicrobial plastics is driven by the growing awareness regarding infection control measures, the rising importance of hygiene in healthcare settings, and the stringent regulations imposed by regulatory bodies. Market Key Trends: One key trend in the antimicrobial plastics market is the rising adoption of antimicrobial packaging solutions. With the increasing concern for food safety and the need to extend the shelf life of products, there is a growing demand for packaging materials that can prevent microbial cont...

Synthetic Spider Silk Market: An Overview of Growth Opportunities and Challenges

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Synthetic Spider Silk Market The synthetic spider silk market has been gaining significant attention in recent years due to its potential for revolutionizing various industries. Spider silk, known for its exceptional strength, elasticity, and lightweight nature, has been a source of fascination and inspiration for scientists and engineers. However, the limited supply of natural spider silk has led to the development of synthetic alternatives, opening up a world of growth opportunities and challenges in the market. One of the key growth drivers for the Synthetic Spider Silk Market is its vast range of applications across multiple sectors. From textiles and apparel to medical devices and military equipment, synthetic spider silk offers a unique combination of properties that can enhance the performance and durability of various products. The textile industry, in particular, holds immense potential for synthetic spider silk as it can be used to produce high-performance fabrics with super...

Global Acetate Salt Market Analysis, Size, Share, Growth, Trends, and Forecast 2022- 2028

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Acetate Salt Market Acetate salts are made from acetic acid and are either clear, colourless crystals or liquid (in aqueous form). Low-toxic acetate S have high buffering characteristics, which allow them to keep solutions' pH levels generally constant even when the amount of acid or base increases. These salts are widely used in a variety of end-use industries, including the pharmaceutical, food, and water treatment sectors. Nano fibers have many advantages, including their usage as water filters, scaffolds for tissue engineering, medication delivery systems, and bandages for wounds. They can also be utilised to make textiles and surfaces that are antibacterial. According to Coherent Market Insights the Global Acetate Salt Market Trends and Forecasts, 2022-2028. One of the often used building blocks in the synthesis of complex compounds in living things is acetate. Acetates are typically found as anions, salts, and esters; acetat salts being the most commonly used form of these. ...