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Government regulations regarding zero energy building codes and green roofing also provide an opportunity to the market to grow further, especially in the emerging Asia-Pacific and Latin American regions.
Increasing demand for marine coatings from the shipbuilding industry in emerging economies such as China, India, and Brazil, is expected to fuel the growth of the marine coatings market across the globe. The marine coatings market is also expected to grow because of the rising demand for reduced fuel consumption in cargo and cruise ships. The need to reduce fuel consumption is also expected to drive the market.
The market is witnessing a significant growth because of the growing demand from various industries such as automotive & transportation, construction & infrastructure, and electrical & electronics. Basalt fiber provides various properties such as high strength, chemical resistance, durability, mechanical strength, and low water absorption.
Browse 71 Market Data Tables and 31 Figures spread through 161 Pages and in-depth TOC on “Medical Plastics Market”
The demand for peracetic acid is increasing due to its rising penetration in major end-use industries, such as food & beverage (food processing & packaging and others), healthcare (hospitals & health care facilities, veterinary hospitals, pharmaceutical facilities, and others), water treatment (wastewater treatment and others), and pulp & paper (anti-slime, bleaching agent, and others) across the globe. This demand is expected to fuel the growth of peracetic acid market in the near future.
Coating resins bind the coating ingredients together and enable them stick to the surface to which they have been applied. They determine the coating’s performance and appearance characteristics, such as their water or scratch resistance, ability to protect against corrosion, and gloss or matt finish.
Green and bio polyols are polyols that are either synthesized from natural oils such as soya, castor, palm, canola, euphorbia, sunflower, and so on, or natural sources such as corn, sugar, or recycled polyurethanes, and PET.