The global refractories market size is projected to reach USD 42,308.2 million by the end of 2027. The increasing product applications across diverse industry verticals will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Refractories Market Size, Share & Industry Analysis, By Form (Bricks & Shaped and Monolithics & Unshaped), By Product (Clay and Non-Clay), By Alkalinity (Acidic & Neutral and Basic), By End-Use Industry (Iron & Steel, Non-Ferrous Metals, Glass, Cement, and Others), and Regional Forecast, 2020-2027,” the market was worth USD 32,069.5 million in 2019 and will exhibit a CAGR of 3.6% during the forecast period, 2020-2027.
The recent coronavirus outbreak has had a massive impact on several businesses across the world. From trade shutdowns to lockdowns, the measures taken to minimize the disease have directly affected these businesses. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.
Major Companies are Focusing on Extending their Production Capacities
The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factors, the efforts put in by large-scale companies to enhance the production capacities of refractories across the world have had the highest impact on the growth of the market. In July 2019, HarbinsonWalker announced that it has taken the decision to expand its manufacturing operations. The company will increase its production capacity in White Cloud, Michigan by 35%. The company will invest a mammoth USD 9 million in this expansion. This will emerge as a huge factor in the growth of the steel industry in North America. HarbinsonWalker’s latest step to expand the production of refractories will not just help the company’s cause, but will also have a positive impact on the growth of the global refractories market in the foreseeable future. The increasing demand for the product will attract newer companies in the coming years.
Information source: https://www.fortunebusinessinsights.com/refractories-market-103287
The global refractories market size is projected to reach USD 42,308.2 million by the end of 2027.
The recent coronavirus outbreak has had a massive impact on several businesses across the world.
From trade shutdowns to lockdowns, the measures taken to minimize the disease have directly affected these businesses.
Overall, almost every sector is anticipated to be impacted by the pandemic.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics.
Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.Refractories are advanced ceramic materials that are used in applications that require high thermal resistance and temperature handling capabilities.Besides this, the product possesses properties such as high mechanical strength and an excellent resistance to corrosion.
The product finds applications in several industries including petrochemical, ceramic, glass, paper and pulp, and others.
The global nanocomposites market size is projected to reach USD 14.34 billion by the end of 2027.
The presence of several large-scale companies will contribute to the growth of the market in the coming years.
The properties of nanocomposites such as good electric conductivity, high thermal stability, and excellent mechanical strength have fuelled the demand for the product across the world.
Covid-19 Pandemic to Create Several Growth Opportunities for Nanocomposite BusinessesThe recent coronavirus outbreak has had a massive impact on several economies across the globe.
The efforts taken to curb the spread of the disease have limited the growth of the businesses across the world.
Due to the increase in deliveries across food supplies and other industries will emerge in favor of market growth.
The global contract manufacturing organization market size is projected to reach USD 188.07 billion by the end of 2026.
The increasing emphasis on the R of newer drugs and therapeutic procedures will bode well for the market in the coming years.
According to a report published by Fortune Business Insights, titled “Contract Manufacturing Market (CMO) Market Size, Share & Industry Analysis, By Type (API Manufacturing, Finished Dosage Form Manufacturing (Solid Dosage Forms, Injectable, and Others) and Packaging), and Regional Forecast, 2019-2026,” the market was worth USD 92.42 billion in 2018 and will exhibit a CAGR of 9.4% during the forecast period, 2019-2026.For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/contract-manufacturing-organization-cmo-market-102658A contract manufacturing organization is an organization that provides drug development services to companies operating in the pharmaceutical industry.
The high investment in the drug development processes is an indication of high prevalence of serious chronic diseases.The severity of these diseases and their potential to have a direct impact on the life expectancy has benefited the contract manufacturing companies across the world.
Recent advances in molecular biological concepts have allow3d operations and therapeutic procedures of the highest calibre as well as efficiency.
In July 2018, Catalent Inc. announced the acquisition of Juniper Pharma.
The global heat transfer fluids market size is projected to reach USD 5,372.24 million by the end of 2027.
According to a report published by Fortune Business Insights, titled “Heat Transfer Fluids Market Size, Share & Industry Analysis, By Type (Silicone Fluids, Aromatic Fluids, Mineral Oils, Glycol Based Fluids, and Others), By Application (Oil & Gas, Chemical, Concentrated Solar Power, Food & Beverages, Plastics, Pharmaceutical, HVAC and Others), and Regional Forecast, 2020-2027,” the market was worth USD 3,477.90 million in 2019 and will exhibit a CAGR of 5.78% during the forecast period, 2020-2027.Heat transfer fluids are widely used in several industry verticals including oil and gas, healthcare, chemicals, pharmaceuticals, and others.
The massive investment in the research and development of efficient products will emerge in favor of market growth.
The increasing demand for the product will have a direct impact on the businesses of large scale enterprises as well as SMEs across the world.
Among all factors, the increasing number of company mergers and acquisitions has made the highest impact on market growth.
In April 2019, Eastman Chemical announced that it has completed the acquisition of Marlotherm.
The presence of several large-scale companies will contribute to the growth of the market in the coming years.
Aramid fibers are widely used across diverse industry applications, mainly due to their exceptional physical properties.
The product is characterized by mechanical strength and excellent resistance to external factors including pressure and humidity.
As this is a manmade fiber, availability is not an issue.
Besides this, properties such as low flammability and good fabric integrity will contribute to the growing adoption of aramid fibers across diverse industry verticals in several countries.
Among all factors, the increasing number of product innovations has had the highest impact on the growth of the overall aramid fiber market in recent years.
The global methyl methacrylate market size is projected to reach USD 23.45 million by the end of 2027.
According to a report published by Fortune Business Insights, titled “Methyl Methacrylate (MMA) Market Size, Share & Industry Analysis, By Application (Chemical Intermediate, Surface Coatings, Emulsion Polymer), By End-Use (Building & Construction, Automotive, Electronics, Paints & Coatings, and Others), and Regional Forecast, 2020-2027,” the market was worth USD 12.57 million in 2019 and will exhibit a CAGR of 8% during the forecast period, 2020-2027.Industry Developments:April 2018 – The Saudi Methacrylates Company (SAMAC) announced that it has initiated operation of PMMA and MMA plants in Saudi Arabia.
xCovid-19 Pandemic has Halted Construction Activities, Subsequently Affecting Manufacturers in this SectorThe recent coronavirus outbreak has created a sense of urgency across the world.
This, in turn, has had an adverse effect on the growth of the methyl methacrylate market.Methyl methacrylate are chemical polymers that are used as raw materials for applications across numerous industry verticals.
This product is mainly used in manufacturing of widely used thermoplastics such as ABS, PVC, and acrylics.
Technological advances have certainly played a huge factor in the growth of the market in recent years and the relentless advances will continue to influence the growth of the overall methyl methacrylate market in the coming years.List of companies profiled in the report:Arkema (France)Sumitomo Chemical Company (Japan)Dhalop Chemicals (India)Kuraray Group (Japan)Saudi Methacrylates Company (SAMAC) (Saudi Arabia)The Dow Chemical Company (U.S.)Asahi Kasei Corporation (Japan)Huntsman Corporation (U.S.)Lucite International (UK)Mitsubishi Chemical Corporation (Japan)Other Key Players Increasing Number of Company Mergers and Collaborations will Aid GrowthThe report encompasses several factors that have contributed to the growth of the market in recent years.
