Business Insights

  The rising number of cigarette consumers and the rise in demand for cellulose acetate from the textile & apparel sector are propelling the market growth. Market Size – USD 4.11 Billion in 2018, Market Growth - CAGR of 5.6%, Market Trends –  Preference for eco-friendly acetate filter tow with enhanced biodegradability. The global  cellulose acetate market  is forecast to reach USD 6.33 Billion by 2026, according to a new report by Reports and Data. Cellulose acetate is a semi-synthetic compound which is manufactured from purified natural cellulose. In the manufacturing of this semi-synthetic compound, natural cellulose is reacted with acetic anhydride. The primary sources of these natural cellulose are cotton linens and wood pulp. Some of the prominent trends that are happening in the market include rising industrialization which provides vast opportunities for the market growth and the expanding textile and apparel industries in the Asia Pacific region and technological developme

  The rise in the demand for metals and a surge in industrial cleaning and maintenance is driving the demand for the market. Market Size – USD 18.50 billion in 2019, Market Growth - CAGR of 4.8%, Market trends – Increase in demand for sustainable, eco-friendly products. The global  Metal Cleaning Chemicals Market  is forecast to reach USD 27.03 Billion by 2027, according to a new report by Reports and Data. Chemicals used for metal cleaning are used to wash off inorganic and extraneous materials from the metal’s surface. They are used to remove any oil, unwanted surfaces, grease, corrosion oxides, and other particulates that can damage the performance efficiency of the metals. Cleaning of metals prevents the corrosion of the product and removes fouling by organic materials such as microbes, algae, animal fats, and hydrocarbons, and inorganic materials such as hydroxides, sulfides, silicates, carbonates, and phosphates, among others. Chemicals used for metal cleaning are used to clean h

  The growth building & construction industry is one of the significant factors influencing the market growth. Market Size – USD 13.81 Billion in 2019, Market Growth - CAGR of 5.3%, Market Trends – Increasing demand from the emerging nations of the APAC region   The global  plasticizers market  is expected to reach USD 20.96 Billion by 2027, according to a new report by Reports and Data. Plasticizers find widespread usage in the production of vinyl flexible or polyvinyl chloride (PVC) and pliant. It finds extensive applications in various products in hospitals, homes, businesses, and cars. It is extensively used for softening vinyl due to its stability, durability, and robust performance. Due to its strength, durability, and ability to withstand high temperatures, it is used in resilient flooring, PVC coatings, and wall coverings, among others. Factors like the expansion of the construction and automotive sector industry, and escalating necessity for flexible PVC are fostering the

  The growing incidence of industrialization globally, causing an increase in the need for clean drinking water coupled with increasing concern of air pollution, is driving the demand for the market. Market Size – USD 5.49 billion in 2019, Market Growth - CAGR of 16.9%, Market Trends –  High demand for the air and water purifiers that can remove or kill pathogens or other contagious diseases. The  Activated Carbon market  is projected to reach USD 19.28 billion by 2027, according to a new report by Reports and Data. The market is expected to be powered by an increased prevalence of infectious pathogens, as well as increasing pollution levels in urban areas. Many of the variables projected to drive change are also improved working standards, increased disposable earnings, and enhanced health literacy. The increasing need for air and water pollution control equipment to be introduced is expected to raise the demand for air purifiers to kill airborne diseases and water treatment plants fo