Chemical and Material Industry News

 The global Biolubricants Market is anticipated to rise at a staggering CAGR during the forecast period. Lubricant serves the purpose of lubrication for various mechanical and power-driven components. The conventional lubricant is a form of petroleum-based feedstock that leads in serious environmental impact and disturbs the ecological system. In order, to reduce the dependency, development of sustainable alternatives such as biolubricants serve as a major source of power. Therefore, biolubricants are prepared using sunflower oil, palm oil and coconut oil and animal fats. Bio-lubricants industry is highly segmented into application and end-use. Application category comprises metalworking fluids, mold release agents, chainsaw oils and hydraulic fluids. End-use category comprises commercial transport, industrial and consumer automobile. Industrial is the largest end use segment due to the massive demand followed by significant R&D activities. However, international political scenario

 Global Gamma Oryzanol Market is estimated to reach USD 2.06 billion owing to the increase in consumers inclination towards healthy lifestyle. Gamma oryzanol is a naturally occurring substance found in rice bran oil. It is also present in wheat bran, vegetable & fruits. Gamma oryzanol lowers body cholesterol and reduces inflammation. The antioxidant property of the substance fights aging of skin and wrinkles. Moreover, it aids in obesity, diabetes, insulin sensitivity and allergies. Major factors driving the gamma oryzanol market entail growing number of people suffering from skin conditions and high cholesterol. Growing awareness of consumers towards healthy life and their participation in several fitness and health clubs is also propelling the demand for gamma oryzanol thereby driving gamma oryzanol industry. Gamma oryzanol is often promoted but it is used in treatment for unspecified menopausal issues in women. However, the substance is researched to have no effect on hormones,

 The global Engineering Adhesives Market is projected to grow at a higher CAGR during the forecast period. Engineering adhesives offer various advantages while used for joining materials. As compared to traditional methods such as bolting, welding, brazing and mechanical fastening, engineering adhesives are much feasible for use. There are certain advantage and disadvantages. The joined materials are usually known as substrates of adherends. Engineering adhesives are commercially used to bond parts of automobiles, electronics, office machines, medical equipment and glass ceramics. Epoxy adhesives are used to seal acrylic, steel aluminum, engineering plastics and composites. The term engineering adhesive generally denotes an adhesive, when hardened, releases a relatively high modulus and high tensile for construction of load-bearing joints. The drivers for engineering adhesives market include rise in popularity of engineering adhesives for varied purpose and increase in popularity due t

 Global Insulated Glass Market is predicted to grow significantly in the forecast period owing to the increasing awareness. Insulated Glass (IG unit) is also known as double glazing glass. It is the mixture of two or more glass panes with an air space between or vacuum to reduce the transfer of heat and form a single unit. They are widely used in commercial and residential construction because they offer better thermal and sound insulation. Insulated glass market is growing due to the factors like rise in disposable income of consumers, rapid industrialization and urbanization and improving economic conditions of the developing economies like China and India. Moreover, growing focus on environment-friendly solutions is also expected to boost the insulated glass industry in the years to come. However, factors like the current market scenario and economic conditions are obstructing the glass industry. Insulating glass market is categorized on the basis of application and geography. On th

 Global Produced Water Treatment Market is anticipated to reach USD 9.79 billion by 2024. Produced water implies the one produced when we get crude gas and oil as a byproduct. Oil and gas reservoirs usually contain water as well as hydrocarbons. Huge volumes of water are produced in oil reservoir as compared to gas reservoir. The factors that propel the growth of the produced water treatment market include rise in the unconventional oil & gas production, increasing oil to produced water ratio, and rising water scarcity and governing standards. On the other hand, there are factors that may hamper the growth of the market including higher operational and installation costs. The industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Produced water treatment industry may be explored by production type, application, technology, and geography. The market may be explored by production

 Global Polycarbonate Market is anticipated to reach USD 25.37 billion by 2024 owing to the regulation policies that encourage the use of plastics by automotive OEMs for improving fuel efficiency and reducing vehicle’s weight. Polycarbonate are naturally translucent amorphous thermoplastic plastics. Owing to this feature, polycarbonates can internally transmit light as effectively as glass to sustain greater impacts as compared to other commonly used plastics. Moreover, the flexibility of polycarbonates enables the manufacturing process at the room temperature with no cracks or breaks to convert without heat application. Despite the material known for its flexibility and strength, the transparency makes them ideal for use for a variety of applications that similar materials cannot offer. Focusing on the low emissions by the environmental authorities, the automobile manufacturers are emphasizing on developing light weight automobiles. The extensive use of polycarbonate in manufacturing