The global 3D printing ceramics market size was USD 116 million in 2020 and is expected to reach USD 384 million by 2025, projecting a CAGR of 27.0% between 2020 and 2025. 3D printing ceramics are increasingly used in the aerospace & defense, healthcare, automotive, consumer goods & electronics, construction, and other end-use industries. The increasing demand of healthcare industry drives the demand for 3d printing ceramics. However, the outbreak of COVID-19 has created ripples across various application industries leading to reduced demand for 3D printing ceramics. Due to the lockdown scenario in Europe and North America, the demand for 3D printing ceramics from automotive, construction, electronics and other industries have declined sharply in the first half of 2020.
Materials & Chemicals Market Research News
The global aluminum foil packaging market is expected to experience substantial growth in the coming years, with an estimated value of USD 21.7 billion in 2023 and a projected value of USD 27.9 billion by 2028, growing at a CAGR of 4.3%. The aluminum foil packaging industry refers to the sector involved in the manufacturing, distribution, and use of packaging materials made from aluminum foil. Aluminum foil is a thin, versatile material made from aluminum alloy, commonly used in packaging applications due to its excellent properties. In the packaging industry, aluminum foil is widely utilized for its barrier properties, heat resistance, moisture resistance, and ability to protect packaged products from light, oxygen, and contaminants. It is commonly used in various forms, such as rolls, blisters, pouches, and containers, to package a wide range of products including food items, pharmaceuticals, beverages, cosmetics, and household products.
The non-phthalate plasticizers market size is estimated at USD 3.1 billion in 2020 and is projected to reach USD 3.9 billion by 2025, at a CAGR of 4.6%. The major restraint of the non-phthalate plasticizers market is the high price of non-phthalate plasticizers when compared to the phthalate plasticizers.
The Global Eco Fiber Market size is expected to grow from USD 81.56 billion in 2022 to USD 179.99 billion by 2030, at a CAGR of 10.4% during the forecast period (2023-2030).
The global zeolites market size is estimated to be USD 12.1 billion in 2021 and is projected to reach USD 14.1 billion by 2026, at a CAGR of 3.1% between 2021 and 2026. Rising demand for synthetic zeolites from the detergent industry and high demand for natural zeolites in construction & building materials is aiding to the growth of the zeolites market.
The market size of the mining & metal filtration market is projected to reach USD 888 Million by 2028, at a CAGR of 4.7% from USD 707 Million in 2023. The increasing global demand for metals, coupled with stringent environmental regulations, will contribute to the rapid growth in the demand for mining & metal filtration.
The aluminum casting market size is projected to grow from USD 70.4 billion in 2021 to USD 100.5 billion by 2026, at a CAGR of 7.4%. Growth in the aluminum casting market can primarily be attributed to the growing involvement of aluminum in the transportation sector, industrial sector and building & construction sector. There is a continual demand from the automotive industry as it helps in fuel efficiency improvement and reduces environment degrading events like carbon dioxide emission. These are the key factors driving the demand for aluminum casting during the forecast period.
The global dewatering equipment market size is projected to grow from USD 4.3 billion in 2020 to USD 5.4 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. Rising environmental awareness and stringent regulatory laws regarding sludge disposal are expected to drive the dewatering equipment market.
The lithium metal market is projected to grow from USD 2.5 billion in 2023 to USD 6.4 billion by 2028, at a CAGR of 20.4% from 2023 to 2028. Increasing demand for lithium metal batteries is expected to drive the lithium metal market. Additionally, the increasing usage of lithium metal in making aluminum-lithium alloy which is used for making aircraft and drone structures in the aerospace and defense industry has resulted in a significant increase in the demand for lithium metal across the globe.
The Emission Control catalyst (ECC) market is expected to witness high growth during the forecast period owing to the booming automobile industry and increasing pollution around the globe. ECC are very important among various applications such as mobile, and stationary sources. The ECC market size is estimated at USD 42.9 billion in 2021 and is projected to reach USD 59.8 billion by 2026, at a CAGR of 6.9% during the forecast period. Precious group metals (PGMs) such as platinum, palladium, rhodium, and other metal oxides are used as ECCs to limit emissions from vehicles, industrial processing units, marine, and locomotives. These metals oxidize pollutants and convert them into less harmful emissions such as nitrogen and hydrogen. The demand for precious metal grew over a period because of addition of palladium and platinum to manufacture ECCs.
- The global Decanters Centrifuges market is projected to be USD 2.3 billion by 2028
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- Regenerated Cellulose Market worth $27.3 billion by 2027, at a CAGR of 8.7%.
- Market Leader - Redispersible Polymer Powder Market