Power & Energy Trends

The inorganic salts market growth is propelled by factors such as the surging demand for agrochemicals, increasing mineral salt consumption by various end-user industries, and evolving chemical sector. Owing to these growth drivers, the market is expected to advance at a CAGR of 4.4% during the forecast period. Inorganic salts are used in the production of ceramics, paints, paper, fertilizers, rubber, and pharmaceutical products. Additionally, these salts are used in small quantities in animal feed as a catalyst, as well as in fire retardants and sulfur absorbents. On account of the wide usage area of these chemicals, the application segment of the inorganic salts market is categorized into chemical, fertilizer, food, healthcare, construction, and others. Under this segment, the chemical category generated the highest revenue in 2015, and it is expected to maintain its dominance throughout the forecast period. This can be ascribed to the usage of caustic soda and sodium carbonate for ...

The silane market generated sales worth $1,577.9 million in 2017, and it is expected to reach $2,047.0 million by 2023. The market is projected to demonstrate a CAGR of 4.3% during the forecast period (2018–2023). The market growth is driven by the expansion of the construction sector and high demand for paints and coatings. Currently, the market is observing the rapid consolidation of the competition through mergers and acquisitions. In recent years, the demand for silane has increased tremendously in the paints and coatings sector, as it can offer excellent adhesion. Moreover, its high resistance to water, ultraviolet (UV) radiation, and chemicals makes it suitable for paints. Thus, the increasing demand for silane-based paints and coatings from the automobile sector will support the silane market growth in the coming years. The growing automobile production in developing nations, such as Thailand, India, Brazil, Indonesia, and Malaysia, will propel the demand for this chemical in t...

Key factors such as the rapid industrialization and urbanization and surging awareness regarding green buildings will drive the construction chemicals market at a CAGR of 6.5% during the forecast period. At this rate, the market value will rise from $55,111.6 million in 2017 to $80,025.4 million by 2023. A range of chemicals are added to concrete, cement, and other construction materials to increase the strength of the final mixture and keep everything intact in the fact of strong winds and earthquakes. Due to these features, high volumes of specialty chemicals are used in infrastructure repair activities. Download report sample at:  https://www.psmarketresearch.com/market-analysis/construction-chemicals-market/report-sample Construction activities are rising in urban areas due to the continuous migration of the rural population, primarily in developing countries. People from rural areas are moving to urban areas in search of better employment opportunities and improved standard o...

The Qatar National Vision 2030 and the upcoming FIFA World Cup 2022 in the country are the key factors predicted to increase the revenue of the Qatar facility management market from $4,613.0 million in 2019 to $21,975.1 million by 2030, at a CAGR of 16.4% during the forecast period (2020–2030). Moreover, this growing market is currently witnessing the rising awareness regarding the protection of assets and increasing infrastructural development in the country. The service segment of the Qatar facility management market is categorized into property, cleaning, security, catering, support, environmental management, and others, which include reception staffing, utility management, furniture supplies, and contract management services. Of these, the property category held the largest market share in 2019 due to the rising demand for property management services to cater to the needs of the newly constructed buildings in Qatar. Qatar Vision 2030 and the upcoming mega events are boosting the ...