In recent years, the world has been facing serious issues such as shortage of energy supply, climate change, and fluctuating energy costs. Energy conservation has become the name of the game, and this fact is not lost on organizations and institutions. It is widely accepted that as the prices of basic raw materials go on increasing, the costs of energy consumption are also going to increase.
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
The Infrastructure is a very important aspect for any country and the people living in it. Moreover, building whether it may be residential, commercial, public or institutional plays a very pivotal role in the life of the people. Concrete is the single most widely used construction material used in the world. 5% of the global annual CO2 production is from production of concrete.
Composites are made up of two different materials exhibiting different properties. In fact, the new material counteracts each of the earlier materials’ weaknesses and hence, is more useful than the individual components. The high performance composites value chain comprises raw material suppliers, manufacturers, distribution channels, and the end-users. The major materials used in the manufacturing of these composites are carbon fiber, boron, epoxy resin, and phenol.
Glass scintillator is a material that constitutes of lithium silicate along with activated cerium. It has ability to detect high intensity gamma radiation, which is mostly radiated during the operation of nuclear power plant. The primary raw materials that are utilized during the production of glass scintillator include lithium silicate, cerium, and other chemicals.
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.
The reliance on renewable energy has been growing by leaps and bounds and with this, so is the need for efficient devices for the synthesis of energy from renewable sources. Graphene-based solar cells are fast emerging as a hit, considering both graphene (an allotrope of carbon) and solar energy are available in abundance.
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.
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.
Fiberglass pipe is a composite used as an alternative to traditional pipes such as Poly vinyl chloride (PVC), concrete, and steel, which fail to meet the changing consumer requirements in applications such as oil & gas, chemicals, sewage, aviation, renewables, and irrigation. Raw materials used in the production of fiberglass pipes include various types of resins, glass fibers, catalysts, accelerators, and additives.
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 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.
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