The Global Oriented Strand Board (OSB) Market is projected to reach USD 42.89 billion in 2027. The rising commodity penetration in residential and company construction is anticipated to gain industry development as a result of superior aesthetics. Due to the cyclical nature of residential construction, the industry has seen extreme fluctuations in supply and demand. Stock prices are highly influenced by the manufacturers in the OSB industry because the raw materials account for a significant…

The global Tannin Market is forecast to reach USD 3.09 Billion by 2027, according to a new report by Reports and Data. A significant factor driving future growth has been the increasing demand from the leather industry globally. Owing to the increased knowledge of the medicinal benefits of tannin-based drugs, the usage of tannin extracts in pharmaceuticals has increased. Due to its excellent antioxidant effects, tannins are widely used for wine processing. These are used to stabilize the…

The global Oxygen Scavengers Market is forecast to reach USD 2.78 Billion by 2027, according to a new report by Reports and Data. Growing demand for packaged new, nutritious, and premium products is expected to fuel the market development. The properties of oxygen absorption provided by scavengers help to preserve the consistency of different consumables. Demand for oxygen scavengers in the food and beverage industry is increasing since they protect from external micro-organisms, spoilage,…

The global Phosphate Fertilizer Market is forecast to reach USD 76.23 Billion by 2027, according to a new report by Reports and Data. The growing demand from emerging markets will help the Phosphate Fertilizer Market to maintain a stable growth rate over the forecast period. The adoption of modern farming techniques will provide strength to the Phosphate Fertilizer Market and will also help in its growth over the forecasted period.

Due to the pandemic, there are high chances of…

The global Coating Equipment market is forecast to reach USD 25.25 Billion by 2027, according to a new report by Reports and Data. The size of the coating equipment market is projected to experience a surge in demand due to increased end-use applications in various industries like aerospace, automotive, manufacturing, transport, and construction. An increase in car sales along with an increasing population, a rapid boom in the infrastructure industry, and increased consumer buying power in…

The global Biocide market is forecasted to reach USD 14.31 Billion by 2027, according to a new report by Reports and Data. Biocides are chemical products or microorganisms that are used to control the harmful pathogens by chemical or biological synthesis. It is non-toxic in nature, has high cleansing action, and has high resonance with solvents, which makes it compatible with different end-use industries.

It is widely used in the manufacture of personal products, due to its dual…

The Global Hydroxycitronellal Market is projected to reach USD 192.7 million by 2027. The market is fueled by the rising trend of usage of Hydroxycitronellal in fragrance & flavor intensifying applications, and extensive growth of the overall cosmetic & personal care industries, and proliferating usage of food-flavoring agents. Huge demand for the personal care industries specializing the skincare, hair care products, and a sudden enormous lift in the growth of the medicated personal…

The global crop protection chemicals market size is expected to reach USD 82.01 Billion by 2028 at a CAGR of 3.3%, according to the latest report by Reports and Data. Steady market revenue growth is primarily attributed to rapidly increasing global population, rising food demand, growing demand for agrochemicals for preventing crop damage and loss, and rapid adoption of technologically advanced agricultural practices such as Integrated Pest Management (IPM) and precision farming. Market…

The Global Emollients Market is projected to reach USD 1.48 billion by 2027. The market is fueled by the rising trend of usage of emollients in suncare and skin dryness reducing products, and extensive growth of the overall cosmetic & personal care industries, and proliferating usage of sunscreen & anti-acne products. Huge demand for the personal care industries specializing the skincare, hair care products, and a sudden enormous lift in the growth of the medicated personal care…

Reports and Data recently published a report on the Drilling Fluid Additives Market, which offers an in-depth overview of the factors that are impacting the state and progress of the worldwide business. The research report incorporates all the vital data that will help you updated with the latest market trends and get ahead in the competition in the various market segments and the leading geographies studied in the report. The study gives valuable insights into the future progress of the…

The global Green Coatings Market is forecast to reach USD 219.24 Billion by 2027, according to a new report by Reports and Data. The market is finding applications in the developed as well as developing nations owing to the increasing environmental regulations. The continuous growth in concern regarding the impact of the volatile organic compounds on the environment has led environment agencies to force manufacturers to reduce their VOC content in their product. Thus, there is an increase in…

The Global Nanocomposites Market is projected to reach market revenue of USD 13.64 billion in 2027. The increasing demand for such materials from the modern packaging industry, automotive industry, and government regulations favoring the usage of such products is expected to drive the market during the forecast period.

Nanocomposites are solid materials that have multiple phases of nanoscale dimensions and are mainly of three types – ceramic, metal, or polymer matrix. They possess…

The Global Recycled Glass Market size is estimated to reach USD 5.27 from USD 3.63 billion in 2019, delivering a CAGR of 4.8% through 2027. The market growth is driven by the major implementation of effective waste management & sustainable development, along with favorable government initiatives promoting the usage of recycled glass. Several countries across the globe are working towards the waste glass deposit program for managing waste. For instance, in England, all drink containers…

The global Electric Vehicle Adhesives market is forecast to reach USD 282.3 Million by 2027, according to a new report by Reports and Data. The market is seeing an expanded interest from the pack & module bonding applications with increasing production of electric vehicles, and the market growth can be attributed to the shift in trend from welding and metal fasteners to adhesives since the latter contributes significantly to weight savings and lower carbon emissions. Moreover,…

The global Lignin market is forecast to reach USD 1.10 Billion by 2027, according to a new report by Reports and Data. Increasing demand for natural feed additives in animal nutrition along with expanded usage in various end-use industries such as paints & adhesives, construction, refining, and pulp & packaging would promote growth in the industry. Lignin has gained attention due to the possible uses of vanillin, carbon fibers, phenol, and BTX. Due to its biological provenance,…

The White Oil Market is projected to grow at a rate of 2.9% in terms of value, from USD 1.28 Billion in 2019 to reach USD 1.62 Billion by 2027. The growing popularity in the Personal Care products around the globe has spurred the growth of White Oil. The increase in the application of the organic compound in various end-use industries has encouraged its growth, mainly the boost from the cosmetic and Pharmaceuticals industry. This finds its vast use in tires, Rubbers, Perfumes, Textiles,…

The global Lightweight Materials market is forecast to reach USD 276.81 Billion by 2027, according to a new report by Reports and Data. The market is witnessing a surge in demand, owing to the increasing emission reduction regulations from many industries. Increasing government investments in renewable energy projects, such as hydro-energy and wind energy, are also driving the demand for the market.

An increase in the manufacture of aircraft modules, along with the rise in the…

The Global Biotech Ingredients market is forecasted to reach USD 3.03 Billion by 2027, according to a new report by Reports and Data. One of the major driving factors fostering the growth of the market is the constant emphasis of various beauty brands on availing the advantage of using these ingredients in their products. The incorporation of these ingredients in their products helps in the promotion of these products and claiming that the products made from these ingredients are…

The Global Biotech Ingredients market is forecasted to reach USD 3.03 Billion by 2027, according to a new report by Reports and Data. One of the major driving factors fostering the growth of the market is the constant emphasis of various beauty brands on availing the advantage of using these ingredients in their products. The incorporation of these ingredients in their products helps in the promotion of these products and claiming that the products made from these ingredients are…

The global Metal Casting market is forecast to reach USD 193.53 Billion by 2027, according to a new report by Reports and Data. The market is witnessing a surge in demand owing to the rising prevalence of the emission norms encouraging the use of the metal casting process, and increasing demand in the automobile sector. Moreover, the increasing trend of lightweight vehicles is fostering the market's demand. However, the high capital required for the setup is hampering the market's…