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Carbon Black Market Size | Worth US$ 14.5 Billion by 2024

According to the latest report by IMARC Group, titled “Carbon Black Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global carbon black market size reached US$ 11.7 Billion in 2018. Carbon black is one of the top fifty industrial chemicals that are manufactured worldwide. It is the commercial form of solid carbon which is produced under extremely controlled processes. The specifically engineered aggregates of carbon particles obtained from these procedures may vary in size, porosity, particle size, shape, and surface chemistry. Typically, carbon black consists of more than 95% pure carbon with nominal quantities of hydrogen, nitrogen and oxygen. The utilization of carbon black can range from...

North America Legal Cannabis Market Will Reach Around US$ 35 Billion by 2023

The new report by IMARC Group, entitled “North America Legal Cannabis Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the North America legal cannabis market crossed the value of US$ 8 Billion in 2017. Belonging to the Cannabaceae family, the cannabis plant is cultivated in tropical and temperate areas across the globe. Delta-9 tetrahydro-cannabinol, also known as THC, is the main psychoactive constituent of cannabis which slows down the activity of the central nervous system and can produce hallucinogenic effects. In North America, the regulatory landscape is being modified so as to decriminalise the usage and possession of cannabis, which is helping in promoting the commercial cannabis...

Global Swine Feed Market is Expanding at a CAGR of Around 4% During 2019-2024

According to the latest report by IMARC Group, titled “Swine Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global swine feed market reached a value of US$ 114.9 Billion in 2018. There has been a steady rise in the demand for pork across the globe which is promoting the growth of the swine feed industry. Pigs require a specific set of nutrients to maintain their weight, energy and milk production levels. Some of the essential ingredients in swine feed include amino acids, water, fiber, vitamins A, D and E, and minerals including calcium, phosphorus and magnesium. In recent years, the growing emphasis on biosecurity has prompted swine feed manufacturers to use high-quality ingredients...

Pakistan Tyre Market to Reach 28.5 Million Units by 2024: Increasing Investments Stimulating Growth

According to the latest report by IMARC Group, titled “Pakistan Tyre Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the Pakistan tyre market size reached 20.9 Million Units in 2018, growing at a CAGR of 6.4% during 2011-2018. Tyres are strong and flexible pneumatic structures that are manufactured using natural or synthetic rubber wire, fabric and carbon black. They fit around a wheel’s rim to transfer the vehicle’s load and offer a secure grip between the vehicle and the road. Besides this, they enhance the overall performance of the vehicle by providing a cushion which absorbs shocks and reduces vibrations. They are installed in cars, trucks, buses, tractors, bicycles and motorcycles; common...

Kuwait PVC Pipes Market Propelled by Improving Sewerage and Drainage Infrastructure in the Country

According to the latest report by IMARC Group, titled “Kuwait PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the Kuwait PVC pipes market size grew at a CAGR of 6% during 2013-2018. Kuwait is one of the wealthiest countries in the GCC region, with a high per capita income. It is currently experiencing a rise in the demand for polyvinyl chloride (PVC) pipes owing to the associated benefits such as lightweight and non-corrosive nature. Moreover, as these pipes are cost-effective, easy to install, have high tensile strength and can withstand high fluid pressure, they are rapidly replacing conventional metal pipes in plumbing applications in the country. Moreover, the production of PVC pipes...