The global high strength steel industry size is projected to reach USD 54.07 billion by 2027, exhibiting a CAGR of 7.4% during the forecast period. Increasing demand for electric vehicles (EVs) worldwide is expected to emerge as a crucial growth determinant for this market, states Fortune Business Insights™ in its report, titled “High Strength Steel Market Size, Share & COVID-19 Impact Analysis, By Type (High Strength Low Alloy (HSLA), Dual Phase (DP), Transformation Induced Plasticity… Continue

The global aramid fiber industry size is projected to reach USD 7,243.3 million by the end of 2027. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Aramid Fiber Market Size, Share & COVID-19 Impact Analysis and Regional Forecast, 2020-2027” the market was worth USD 4,522.6 million in 2019 and will exhibit a CAGR of 6.5% during the forecast period,… Continue

The global silicon carbide fibers industry size was USD 501.9 million in 2021. The market is projected to grow from USD 572.8 million in 2022 to USD 3,758.4 million by 2029, exhibiting a CAGR of 30.8% during the forecast period.



This information is presented by Fortune Business Insights, in its report titled, “Silicon Carbide Fibers Market, 2022-2029.”



Segments:



Continuous Segment to Dominate Market Due to High Demand from the Nuclear Power Generation… Continue

The global phosphoric acid industry is set to gain traction from the decreasing per capita farmland. The population is surging rapidly worldwide. The FAO declared that in South Asia, around 94% of potentially arable land is used. But, in sub-Saharan Africa, only 22% of the land is under cultivation. This information is given by Fortune Business Insights™ in a new report, titled, “Phosphoric Acid Market Size, Share & COVID-19 Impact Analysis and Regional Forecast, 2021-2028.” The report…

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The global ultra-high molecular weight polyethylene industry share is estimated to showcase eminent growth owing to the increasing demand from the aerospace and defense industry, observes Fortune Business Insights™ in its report, titled, “Ultra-High Molecular Weight Polyethylene Market Size, Share & Covid-19 Impact Analysis, By Form (Sheets & Films, Rods & Tubes, Fibers, Tapes, and Others), By End-Use (Automotive, Aerospace & Defense, Medical, Chemical, Electronics, and…

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As per a report published by Fortune Business Insights The global agricultural films industry share is predicted to reach USD 14,315.4 million by 2026, exhibiting a CAGR of 6.5% during the forecast period. The increasing applications of films in tunnels, greenhouses, plastic reservoirs and irrigation systems, mulching, silage and others will spur growth opportunities for the market in the foreseeable future. The constantly rising demand for food has led to a surge for effective additives for…

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The global precast concrete industry share is expected to showcase significant growth by reaching USD 159.85 billion by 2028. Fortune Business Insights, in its report titled “Precast Concrete Market, 2021-2028.”, mentions that the market stood at USD 114.78 billion in 2020 and is likely to exhibit a CAGR of 4.4% between 2021 and 2028. The rapid-paced urbanization, coupled with the rising population rate, is anticipated to favor the adoption of the product globally. According to the National…

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The global activated carbon industry share size was valued at USD 4.77 billion in 2021 and is expected to reach a valuation of USD 4.98 billion in 2022. The market is expected to reach USD 7.73 billion by 2030 with a CAGR of 5.6% during the forecast period. Rise in water and air pollution is expected to increase the demand for water and air treatment machines. Demand for safe and potable water and continuous treatment of wastewater in various end-user industries is expected to drive market…

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The global respiratory protective equipment (RPE) market size is projected to reach USD 12.88 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Spread of the coronavirus through air route will surge the adoption of RPE throughout 2020, observes Fortune Business Insights™ in its report, titled “Respiratory Protective Equipment (RPE) Market Size, Share & COVID-19 Impact Analysis, By Product (Air Purifying Respirators (APR) {Unpowered Air-Purifying Respirators…

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The global textile colorant industry share is set to gain impetus from the high demand for natural dyes over synthetic ones because of their beneficial properties. They do not have carcinogenic & toxic chemicals, are itch-resistant, renewable, and have excellent UV absorption capacity. Various prominent boutiques and fashion houses are hence opting for these dyes for the manufacturing of their products. In May 2021, for instance, Akané Studio introduced a wide range of naturally dyed…

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The global ultra-high molecular weight polyethylene industry share size is estimated to showcase eminent growth owing to the increasing demand from the aerospace and defense industry, observes Fortune Business Insights™ in its report, titled, “Ultra-High Molecular Weight Polyethylene Market Size, Share & Covid-19 Impact Analysis, By Form (Sheets & Films, Rods & Tubes, Fibers, Tapes, and Others), By End-Use (Automotive, Aerospace & Defense, Medical, Chemical, Electronics, and…

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The petrochemicals industry share was USD 371.9 billion in 2020. The market size is expected to rise from USD 582.4 billion in 2021 to USD 888.3 billion by 2028 at a CAGR of 6.2% during the forecast period. The global market is expected to rise during the projected period due to increasing environmental concerns by manufacturers in the market. Fortune Business Insights™ publishes this information in a report titled, "Petrochemicals Market, 2021-2028".

Petrochemicals are chemical…

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The global aramid fiber industry share is projected to reach USD 7,243.3 million by the end of 2027. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Aramid Fiber Market Size, Share & COVID-19 Impact Analysis and Regional Forecast, 2020-2027” the market was worth USD 4,522.6 million in 2019 and will exhibit a CAGR of 6.5% during the forecast period,…

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The global PET packaging industry share size was valued at USD 37.85 billion in 2021. The market is projected to grow from USD 39.23 billion in 2022 to USD 55.46 billion by 2029, exhibiting a CAGR of 5.1% during the forecast period.

This information is provided by Fortune Business Insights, in its report titled, “PET Packaging Market, 2022-2029.”

COVID-19 Impact

Increasing Demand for Online Shopping Fueled the PET Packaging Market Growth

The pandemic has forced…

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The global silicon carbide fibers industry share was USD 501.9 million in 2021. The market is projected to grow from USD 572.8 million in 2022 to USD 3,758.4 million by 2029, exhibiting a CAGR of 30.8% during the forecast period.

This information is presented by Fortune Business Insights, in its report titled, “Silicon Carbide Fibers Market, 2022-2029.”

Segments:

Continuous Segment to Dominate Market Due to High Demand from the Nuclear Power Generation…

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