Expanded Polypropylene Foam Market
The expanded polypropylene (EPP) foam market is projected to reach USD 1,619 million by 2025, at a CAGR of 5.3%. Recyclable & reusable properties of EPP foam; and optimum performance and low weight of EPP foam are driving the growth of the EPP foam market.
The base oil market is projected to reach USD 36.7 billion by 2025, at a CAGR of 5.0%. The growing demand for high-grade oils in the automotive industry is driving the base oil industry growth.
The ceramic sanitary ware market is projected to reach USD 44.6 billion by 2025, at a CAGR of 6.8%. The initiatives by the governments of developing nations, coupled with the changing lifestyle and purchasing power of the middle-class population across the globe, are driving the ceramic sanitary ware market.
The fatty amines market is projected to reach USD 4.0 billion by 2024, at a CAGR of 6.5%. The growing demand for agrochemicals in the agriculture industry is driving the growth of the fatty amines market.
The battery recycling market is projected to reach USD 23.2 billion by 2025, at a CAGR of 6.1%. Reasons for growth of the battery recycling market include rising concerns regarding depleting precious and rare earth metals, growing demand for recycled batteries and other materials, and stringent government regulations and EPA (Environmental Protection Agency) guidelines.
The bio-lubricants market is projected to reach USD 2.4 billion by 2025, at a CAGR of 4.1%. The demand for bio-lubricants can be attributed to the growing environmental awareness, adoption of stringent regulations, and increasing acceptance of bio-lubricants in industries.
The cooling fabrics market is projected to reach USD 2.6 billion by 2025, at a CAGR of 6.0%. The key factor driving the growth of the cooling fabric market is due to the increasing demand for sports apparel, lifestyle, protective wearing, and other applications. Increasing research and development for cooling fabrics is the main factor anticipated to drive the cooling fabrics market.
The surfactants market is projected to reach USD 52.4 billion by 2025, at a CAGR of 4.5%. The growth of the market is driven by the growing population and increasing urbanization in Asia Pacific.
The metal recycling market is projected to reach USD 76.1 billion by 2025, at a CAGR of 7.8%. The growth of this market is attributed to the increasing demand for steel and the urbanization & industrialization in developing countries.
High Temperature Insulation Materials Market
The high temperature insulation materials market is projected to reach USD 8.9 billion by 2024, at a CAGR of 8.2%. The market is driven by growing demand in various end-use industries, such as petrochemical, ceramic, glass, aluminium, and iron & steel.