Rare earth elements (REE) or rare earth metals comprise a set of seventeen elements that show similar properties and belong to the lanthanide and actinide series. They consist of 15 lanthanide elements along with Yttrium and Scandium. They have a wide range of applications in high-end technology products such as computers, TVs, tablets, advanced military technology, super conductors, medical devices etc. Other applications include catalysts in automotive and petroleum refining and as a pigment in glass and ceramics.
The global rare earth metal market is displaying immense enthusiasm amongst the industry players owing to the rapid increase in production facilities worldwide. The market is expected to rise at CAGR of 14% over 2016 to 2024. The increasing use of rare earth metals in NiMH batteries and renewable energy segment are the primary growth drivers for this sector. Rising national interest to secure and leverage these unique elements is also growing the market demand for this limited natural resources.
The market for anti-counterfeit packaging is expected to be driven by the increasing efforts of the manufacturers across application industries towards ensuring the authenticity of their products. Increasing demand for such packaging to monitor and secure the products through the supply chain is expected to drive the industry growth.
Welding products are consumables such as flux and fillers used in the welding process. The filler material is melted to join metal strongly and flux is widely used to generate gas protection around the weld pool to prevent hot metals from oxidation. These products join materials, such as metals or thermoplastics by fusion, unlike joining techniques such as brazing and soldering.
Absorption of moisture in medicines such as tablets, powder, capsules due to moist environment causes decomposition that can generate salicylic acid and acetic acid, and give off stinking odor.
The demand for aerosol products is expected to be driven by the rising consumption of personal care products such as deodorants, hair sprays, hair mousses and shaving foams.
The global underwater concrete market is expected to be driven by the growing hydropower generation capacity expansions. Hydropower has emerged as one of the fastest growing non-renewable energy sources over the past five years, primarily in Asia Pacific, Europe, and North America.
Thermal paper finds use majorly in POS terminals as they provide excellent high-temperature stability, barcode scan ability, and moisture resistance. The POS terminals use thermal paper for transactions in retail, hospital, and warehouse on account of offering superior property of exhibiting high time span as compared to ordinary conventional printed paper.
The rising incidences of injuries to workers, personnel deaths, and environmental contamination in the form of oil spills, water pollution, and air pollution have driven governments across the globe to take stringent measures towards ensuring ecological and worker safety in core industries such as manufacturing, construction, oil & gas, power, transportation, and mining, among others.
Insulating glass is commonly referred as single glazing, double glazing or triple glazed glass. It belongs to the category of value addition products which not only improve the aesthetics but also play a major role in reducing the energy consumption inside the building.
Green or sustainable constructions typically adopt green building materials. These materials are popular due to their customer & eco-friendly properties. They have lesser operating & maintenance costs
Increasing requirements for lightweight & high strength materials across various end-use industries, primarily automotive and aerospace, is expected to be the key driving factor forcing the market growth over the forecast period. Rising need for fuel-efficient vehicles to meet the stringent pollution control norms is expected to trigger the product demand. The global carbon fiber market exceeded USD 2 billion in 2015 and is supposed to grow at an estimated CAGR of over 10% from 2016 to 2024.
High performance alloys are expected to grow at a CAGR of above 4% over the next eight years. It is mainly influenced by the increase in population, consumer awareness, changing consumer preference and development in the economy. Technology improvements in high performance alloys have led to its application in numerous industries and reduced production cost. Growing GDP in countries such as China, India and Brazil is expected to drive the demand for high performance alloys.
Nanosilver, also known as colloidal silver, are minute silver particles with dimensions less than 100nm. These nanoparticles usually possess different chemical and physical properties than those of larger particles of the same material. Silver exists in various forms including silver oxides, silver nanoparticles, and silver salts which have been widely used in medical and consumer applications owing to their chemical properties such as surface-to-volume ratio and solubility.
The global market for plastics is expected to grow significantly on account of its usage in building and construction application. The unique properties possessed by plastics such as active however lightweight, easy transportation, durable, scratch resistant, non-corrosive, removable & recyclable and the price stability it provides, makes plastics the most suitable substance for usage in the construction & building industry. The conventional plastics used in the construction segment consist of acrylic, composites, expanded polystyrene, polycarbonate, polyethylene, polypropylene and polyvinyl chloride.
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
Speak to the report author to design an exclusive study to serve your research needs.
A testimonial for service excellence represented in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.