Chemical Domain Market Forecast 2023
The building thermal insulation market is projected to reach
USD 35.3 billion by 2027, at a CAGR of 4.7%. Building thermal insulation is
used to reduce the amount of energy required to heat or cool a house and
minimize the amount of heat that escapes during the winter and limits the hot
summer air to penetrate the house.
USD 35.3 billion by 2027, at a CAGR of 4.7%. Building thermal insulation is
used to reduce the amount of energy required to heat or cool a house and
minimize the amount of heat that escapes during the winter and limits the hot
summer air to penetrate the house.
The heat transfer fluids market is projected to reach USD
5.8 billion by 2027, at a CAGR of 9.3%. The increasing number of concentrated
solar power plants with the rising demand for clean energy drives the growth of
the HTF market.
5.8 billion by 2027, at a CAGR of 9.3%. The increasing number of concentrated
solar power plants with the rising demand for clean energy drives the growth of
the HTF market.
The protective coatings market is projected to reach USD
17.8 billion by 2026, at a CAGR of 5.2%. The civil building and infrastructure,
by end use industry in APAC region is expecting a boom in the forecasted period
and will lead to an increase in the demand for Protective Coatings.
17.8 billion by 2026, at a CAGR of 5.2%. The civil building and infrastructure,
by end use industry in APAC region is expecting a boom in the forecasted period
and will lead to an increase in the demand for Protective Coatings.
The hot melt adhesives market is projected to reach USD 11.4
billion by 2027, at a CAGR of 4.8%. The packaging solutions, by application
type in Asia Pacific region is expecting a boom in the forecasted period and
will lead to an increase in the demand for HMA.
billion by 2027, at a CAGR of 4.8%. The packaging solutions, by application
type in Asia Pacific region is expecting a boom in the forecasted period and
will lead to an increase in the demand for HMA.
The injection molding machine market is projected to reach
USD 12.4 billion by 2027, at a CAGR of 3.6% between 2022 and 2027. Increased
demand for injection molding equipment in end-use sectors including automotive,
consumer goods, packaging, healthcare, electrical and electronics, and others
is the key factor driving the market. The market for injection molding machines
will be driven by elements including rising healthcare demand, quick
industrialisation in developing nations like China, India, and Thailand, and
rising need for plastic moulds in electric vehicle production.
USD 12.4 billion by 2027, at a CAGR of 3.6% between 2022 and 2027. Increased
demand for injection molding equipment in end-use sectors including automotive,
consumer goods, packaging, healthcare, electrical and electronics, and others
is the key factor driving the market. The market for injection molding machines
will be driven by elements including rising healthcare demand, quick
industrialisation in developing nations like China, India, and Thailand, and
rising need for plastic moulds in electric vehicle production.