The global construction additive market by various types such as concrete admixtures, levelling agents, sealants, water proofing agents is expected to rise with a CAGR of 9.7% during 2018-2023.
There are several processing techniques out of which one named, Electron Induced Reactive Processing is a new and a popular processing technique where in the raw materials based on the TPVâ€™s are processed.
The global PVC Resins Market accounted total revenue for $42.7m in 2017 and is estimated to grow at a CAGR of 3.8% during the forecast period between 2018 and 2023.
Major Growth driver for the Polyurethane Market is the increasing global population and increase in disposable income per household.
Major market drivers of PolyDADMAC are change in paper making process using dyeing agents. PolyDADMAC is also used as clay stabilizer, acid fracturing cation in oilfield industry. PolyDADMAC are the main source of water purification and treatment process.
Polycarbonate resins have been used in many industries, ranging from automotive and electrical to household and medical industries.
It is estimated that the average growth rate of nylon resins will be only 3% instead of the usual 5-6% due to global economic recession seen in the year 2008. Nylon 6 and nylon 66 account to be the popular types among the other products, accounting for more than 90% of the global nylon resin market.
Its low permeability to gas and flexibility makes it ideal material for inner tubes of tires.
One of the major trend supporting the growth of composite materials market is demand for â€˜lightweightingâ€™ by all major industries.
As it is cost effective almost all the automotive companies are using engineering resigns rather than going with the traditional process of using metal.