TechSci Research Reports

Increasing research & development activities, superior properties as compared to conventional materials, to boost the global Tungsten Carbide market through 2024. According to TechSci Research report, “ Tungsten Carbide Market  By End-User, By Application, By Region, Competition, Forecast & Opportunities, 2024 ’’, the global tungsten carbide market is projected to grow at a CAGR of over 4.8% during the forecast period. The market is mainly driven by increasing research & development activities to augment the growth in technology and superior properties compared to conventional materials. Tungsten carbide (WC) is basically a chemical compound containing equal parts of tungsten and carbon atoms. In its most basic form, WC is a fine grey powder, however it can be pressed and formed into shapes through the process of sintering for applications in industrial machinery, cutting tools, armour-piercing rounds, among others. Notably, the market for tungsten carbide has been segm...

Rising recyclability concerns and increasing government initiatives towards promoting sustainable living are expected to drive growth of global polylactic acid market during forecast period According to TechSci Research report, “ Global Polylactic Acid Market  By Raw Material, By Form, By Application, By Region, Competition, Forecast & Opportunities, 2024 ”, global polylactic acid market is expected to register CAGR to close to 17% over the forecast period on account of rising demand for flexible packaging, growing consumption of shopping bags and disposable cutlery and rising recyclability concerns. Additionally, environmental safety and pollution control are the key reasons for diverting major stakeholders towards bio plastic usage other than using conventional plastic which is synthesized from petroleum. Furthermore, technological advancements coupled with government initiatives by providing subsidies and support for enhancing usage of biodegradable products is further expec...

Growing demand for capric acid from food & beverage and pharmaceutical industry are expected to drive the growth of global capric acid market during forecast period According to TechSci Research report, “ Global Capric Acid Market  By Source, By Application, By Region, Competition, Forecast & Opportunities, 2024 ”, global capric acid market is expected to register a CAGR of close to 5% during the forecast period on account of its increasing use in production of several personal care products, dyes, synthetic rubbers, pharmaceuticals, plastics products, and lubricating grease. Additionally, factors like progressive demographic changes and rising consumer awareness regarding personal care are anticipated to spur the growth of global capric acid market. However, the major factors expected to restrict the market growth of capric acid during the forecast period are exposure of capric acid in its refined form, which leads to skin or pulmonary irritation and irregular availability...

According to TechSci Research report, “ Global Oxo Alcohol Market  By Type, By Application, By Region, Competition, Forecast & Opportunities, 2025 ”, global oxo alcohol market is projected to grow steadily over the forecast period on account of growing application of oxo alcohols as a solvent in paints and coatings, among others. Moreover, the United States Environmental Protection Agency (EPA) approved iso-butanol to be used as an additive for blending into gasoline up to 16% to be used in automobile vehicles in the year 2018, which is anticipated to bode well for the growth of global oxo alcohols market in the upcoming years. Furthermore, major market players are continually engaging in research and development activities for developing new and efficient variants of oxo alcohol, which is bolstering the market growth across the globe. However, fluctuating raw material cost of crude oil and derivatives, which are used in the manufacturing of oxo alcohols, might restrain the mar...

According to TechSci Research report, “ Global Silicone Coating Market  By Composition Type (Silicone Polymers, 100% Silicone, Silicone Water Repellents and Others), By Technology (Solventless, Solvent-Based, Water-Based, Powder-Based), By Application (Construction, Automotive & Transportation, Consumer Goods, Marine, Industrial, Paper & Film Release, Others), By Region, Competition, Forecast & Opportunities, 2025 ”, global silicone coating market is expected to grow at a significant during the forecast period. Silicones are usually used by the coating industry in order to enhance protective and preservative attributes in a coating. Continuous development of products, expansions, and joint venture activities by the major market players are the factors responsible for the growth of the global silicone coatings market. Moreover, silicone coatings are used to minimize heat loss in various equipment as well as to provide the resistance from water, moisture, heat and dust, t...