Latest Market Research Reports

  Cross-linked Polyethylene Industry The global  cross-linked polyethylene market  size is anticipated to reach USD 13.0 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 6.9% from 2024 to 2030. Increasing demand from wires and cable insulation sector and plumbing products manufacturing is likely to boost the market growth. Cross-linked polyethylene based plumbing products utilized in hot water supply system are required for their high creep resistance & mechanical strength at high temperature Cross-linked polyethylene is most commonly utilized in plumbing and wires and cable insulation industry supported by their mechanical as well as chemical properties such as enhancement of chemical and oil resistance in at elevated temperatures, high tensile strength, impact resistances and elongation and impact resistance, etc. Availability of alternative materials such as polypropylene pipe, corrugated stai...

  Compound Semiconductor Materials Industry The global  compound semiconductor materials market  size is expected to reach 46.9 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.8% from 2020 to 2027. The market is expected to be driven by an increase in product demand from the end-use industries due to its ability to consume less power, along with the broad temperature range and high electron mobility. The expansion of China’s integrated circuit production is expected to have a positive impact on market growth. China is expected to witness substantial growth of over 10% in the production by 2023, thereby becoming one of the largest manufacturers in Asia. However, the drop in the production of the semiconductor industry across the globe due to the COVID-19 outbreak is expected to have an adverse impact on the demand for compound semiconductor materials. Manufacturers are largely dependent on reliable suppliers having high goo...

  Cold Spray Technology Industry The global  cold spray technology market  size is anticipated to reach USD 1.56 billion in 2030 and is expected to grow at a CAGR of 7.0% from 2025 to 2030. The rising demand from aerospace industry and growing electrical & electronics industry will drive the market demand in the forecast period. Cold spray coating, especially in the aerospace industry has revolutionized component repairing. The utilization of cold spray coating technology improves the thermal stability and corrosion resistance of materials and ensures increased reliability for an extended time. In addition, it offers protection against extreme temperatures, harsh environments, and extends the lifespan of the components. These aforementioned factors will drive the product demand for aerospace industry in the coming years. Furthermore, the increasing number of air passengers coupled with the increase in tourism, business travel, and air freight travel has led to the exp...

  Clove Cigarettes Industry The global  clove cigarettes market  size is expected to reach USD 168.6 billion by 2030, expanding at a CAGR of 5.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is majorly driven by the increasing product launches driven by the growing demand for machine-made clove cigarettes. Consumers trying to quit smoking are more inclined toward consumption of clove cigarettes owing to less harshness, blend of different flavors, and presence of low tar nicotine. Gauging the consumer preference for lighter cigarettes, companies are focusing on product launches. For instance, in 2017, Sampoerna, a subsidiary of PHILIP MORRIS INTERNATIONAL MANAGEMENT introduced a new product named Platinum A. Some of the common flavors blended with cloves and tobacco include cherry, vanilla, strawberry, pineapple, grape, orange, menthol, cocoa, and licorice with an objective to bring uniqueness in the product. The spicy flavor of...

  Chlorine Trifluoride Industry The global  chlorine trifluoride market  size is estimated to reach USD 95.6 million by 2030, registering a CAGR of 4.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. The demand for the product is expected to be driven by the rapidly growing semiconductor industry. The industry dynamics of chlorine trifluoride (CIF3) are largely influenced by application markets, such as nuclear fuel processing and semiconductor production. Rapid digitalization and automated industrial manufacturing solutions have led to high penetration of electronic gadgets and components on a global scale, which requires various chemicals for constant maintenance and cleaning purposes. In the semiconductor industry, CIF3 is extensively utilized to clean chambers of chemical vapor deposition. The major advantage is that the process of cleaning can be carried out without dismantling the chamber walls as ClF3 doesn’t require activation by pl...

  Centrifugal Pump Industry The global  centrifugal pump market  size is expected to reach USD 50.54 billion by 2030, expanding at 4.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. The centrifugal demand has escalated owing to the increase in pump demand for pressure fluids. The pumps are primarily used for accelerating fluids, like water, chemicals, sludge treatment liquids, wastewater, oil, bleaches, and resins. Increasing demand for water in domestic and industrial applications due to the growing world population is driving the market growth. Expanding population, rapid urbanization, technological developments, and growth in infrastructure have augmented the demand for fresh and processed water across the globe. This in turn is expected to fuel the market growth over the forecast period. In addition, water scarcity is affecting regions across the globe owing to the lack of freshwater resources, there is an increased need for wastewater...

  Brazil Rigid Polyurethane Foam Industry The  Brazil rigid polyurethane foam market  size is anticipated to reach USD 601.4 million by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 8.8% from 2024 to 2030. Surging demand from the automotive industry in the country is projected to drive the market over the forecast period. Rigid polyurethane foam finds multiple applications across the end-use industries in Brazil because they are excellent insulation materials, which help in saving energy and also occupies minimal space. Their application scope mostly include refrigeration in the appliances industry and roofing and wall applications to reduce heat loss in the construction industry. Apart from product formulations and technological advancements to cater to a broader customer base in the country, numerous multinational manufacturers are highly focusing on raw material suppliers to increase reach and visibility....

  Board Insulation Industry The global  board insulation market   size is expected to reach USD 16.88 billion by 2030, registering a CAGR of 3.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the increasing utilization of advanced insulating materials from the construction & building and transportation industries. Increasing awareness regarding the environmental impact created by excess use of fuel has led to the development of new advanced materials to reduce heat losses. Boards are one of the materials used for increasing energy efficiency and reducing heat losses. Thus, the increased demand for advanced insulating materials from the building and transportation industry is expected to increase in demand for boards. Governments and regulatory bodies worldwide have been implementing stricter energy efficiency standards for buildings to reduce greenhouse gas emissions and minimize energy consumption...

  Biopharmaceuticals Manufacturing Consumables Testing Industry The global  biopharmaceuticals manufacturing consumables testing market  size is estimated to reach USD 1.27 billion by 2030, registering a CAGR of 12.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the growing need for an in-depth assessment of raw materials for the successful and rapid launch of the final product. Rising awareness pertaining to internal standards as well as external regulations in the biopharmaceutical industry is also aiding the market growth. In the past few years, there has been a major paradigm shift from small chemical molecules to large biological molecules. As a result, the biopharmaceutical industry is geared toward exploring every aspect involved in the manufacturing process. Regulatory and quality expectations for best quality raw materials and intermediates continue to increase. This, in turn, has pressurized vendors engag...

  Bio-PET Film Industry The global  bio-PET film market  size is anticipated to reach USD 156.6 million by 2030 and is anticipated to expand at a CAGR of 12.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing environmental concerns about plastic waste and its effects on water and soil pollution are expected to be important drivers for market growth. Furthermore, numerous countries have implemented restrictions on traditional and single-use plastics, which are projected to boost demand for bio-polyethylene terephthalate (PET) films in the upcoming years. Furthermore, the global push toward reducing the dependence on fossil fuels is driving the adoption of the bio-PET film market. Traditional  PET  films are derived from petroleum-based feedstock, contributing to carbon emissions and finite resource depletion. In contrast, bio-PET films, sourced from renewable materials, offer a solution that reduces reliance on fossil fuels. The i...