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  Cyanate ester resins are thermosetting polymers used as matrix resins for fiber-reinforced composites owing to their excellent dielectric and mechanical properties. The resins exhibit high glass transition temperature, toughness, dimensional stability, adhesive strength and excellent electrical insulation properties. These features make them suitable for use as adhesives, coatings and laminates in aerospace, electronics and oil & gas industries. The Global Cyanate Ester Resins Market Size is estimated to be valued at US$ 244 Mn in 2024 and is expected to exhibit a CAGR of 4.3% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rising demand for cyanate ester resins from the aerospace industry has been a key factor driving market growth over the past decade. Cyanate ester resins are increasingly being used to manufacture components such as radomes, fins, wing covers and engine nacelles for c...

  Petroleum resins find extensive usage in applications like adhesives, inks, paints, and coatings due to their excellent properties including good adhesion, flexibility, heat and aging resistance. They help produce durable, long lasting and cost effective protective coatings for automobiles. The growing automotive industry globally has prompted a rise in demand for petroleum resins to manufacture coatings for vehicles. Excellent gloss retention and resistance to weathering makes petroleum resins suitable for automotive OEM coatings. The Global Petroleum Resins Market Size is estimated to be valued at US$ 4259.01 Mn in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The usage of petroleum resins in automotive coatings has been steadily rising over the years. Petroleum resin based coatings help provide protection from environmental degradation, dust,...

  The recycled plastics market comprises products made from post-consumer or post-industrial plastic waste diverted from the waste stream through recycling programs. Plastic recycling offers numerous environmental benefits such as reducing carbon footprint, conserving natural resources, and decreasing pollution. It helps tackle plastic waste accumulation and supports transition towards a circular economy model. The Global Recycled Plastics Market Size is estimated to be valued at US$ 79.95 Bn in 2024 and is expected to exhibit a CAGR of 8.7% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increased emphasis on circular economy across countries has been a major factor driving the growth of recycled plastics. Circular economy intends to design waste and pollution out of the system by keeping materials and products in use for longer which has increased focus on recycling of plastics globally. Various...

  Synthetic spider silk is a biomaterial synthesized to mimic spider silk fibers produced by spiders. It possesses extraordinary properties such as lightweight, biodegradability, strength, toughness, and durability making it suitable for various applications. Synthetic spider silk fibers are widely used in textiles, surgical materials, bulletproof vests etc. due to their high tensile strength and flexibility. The Global Synthetic Spider Silk Market Size is estimated to be valued at US$ 50 Million in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased demand from the textile industry is expected to drive the growth of the Synthetic Spider Silk Market over the forecast period. Spider silk fibers are four times stronger than steel and offer breathability making them ideal for clothing. Several textile manufacturers are utilizing synthetic spider s...

  Polyurea coatings are advanced protective linings noted for high elongation, high strength, and abrasion & chemical resistance properties. They are widely used in various end-use industries such as building & construction, transportation, industrial, and others to protect infrastructural assets from weathering and corrosive environments. The global polyurea coatings market is estimated to be valued at US$ 1.5 Billion in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023-2030. Market key trends: The significant growth in infrastructure development projects across emerging economies has emerged as a key contributor toward the rising demand for polyurea coatings in recent years. Polyurea coatings are increasingly adopted in civil construction applications such as bridge deck waterproofing, tank lining, containment linings, and secondary containments due to their long-lasting corrosion protection. Spray application of polyurea allows rapid instal...

  Phenolic resins have superior properties such as excellent thermal stability, high strength and stiffness, low thermal expansion, dimensional stability and electrical resistance. They are increasingly being used in construction, automotive, marine, medical, and aerospace applications. In the construction industry, phenolic resins are used to manufacture products such as ceiling tiles, doors, and flooring due to their excellent properties. They provide durable and economical building materials as they require low maintenance. The growing construction industry, especially in developing nations of Asia Pacific and Central & South America is expected to drive the demand for phenolic resins over the forecast period. The global Phenolic Resins Market is estimated to be valued at US$ 16052.98 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The gro...

  The global Polybutadiene Market comprises materials such as styrene-butadiene rubber and solid polybutadiene which find widespread applications in tires, industrial rubber products, footwear, mechanical goods, and more. The advantage of Polybutadiene materials lies in their high strength, resilience, flexibility, and resistance to heat, oxidation, and chemicals. The growing automotive industry has propelled the demand for high-performance and cost-effective tire manufacturing materials. The global Polybutadiene Market is estimated to be valued at US$ 5.04 Bn in 2023 and is expected to exhibit a CAGR of 8.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Sustainable advancements in Polybutadiene are one of the key trends driving market growth. Manufacturers are investing in R&D to develop bio-based and recycled Polybutadiene variants using renewable feedstocks such as vegetable oils, enabling...

  Cross-linked polyethylene is a polyethylene that has been cross-linked using radiation, silane grafting, or peroxide in the presence of a cross-linking agent. It has high molecular weight and is known for its outstanding exceptional resistance to corrosion and chemicals. Cross linked polyethylene pipes are more flexible and durable than traditional polyethylene pipes. These pipes are highly resistant to changes in temperature and pressure. They provide leak-free service for 50-100 years. Due to their durability and flexibility, cross linked polyethylene pipes are widely used in industrial and commercial plumbing, in addition to irrigation and landscaping applications. The global Cross Linked Polyethylene Market is estimated to be valued at US$ 5720.74 Mn in 2023 and is expected to exhibit a CAGR of 7.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity The growing construction industry along wit...

  Biopolymers are natural polymers derived from renewable biomass sources such as corn starch or sugarcane. They are sustainable and biodegradable in nature. Biopolymers are increasingly used in packaging, textiles, consumer durables and personal care products due to their properties of sustainability and degradability. They provide an eco-friendly alternative to plastics derived from petroleum sources. The global Biopolymers Market is estimated to be valued at US$ 17428.96 Mn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growth of the biopolymers market is majorly driven by the emerging applications of biopolymers across various end use industries like packaging, textiles, agriculture and consumer durables. There is growing demand for eco-friendly and sustainable materials and biopolymers fit that criteria well. Factors like bans on single use...

  The global Petroleum Resins Market is estimated to be valued at US$ 3697.05 Mn in 2023 and is expected to exhibit a CAGR of 8.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Petroleum resins are semi-solid hydrocarbon compounds derived from petroleum distillation which are thermoplastic in nature and are insoluble in water. They exhibit properties such as chemical resistance, moisture resistance, and high adhesion and find applications as tackifiers in adhesives and sealants. Market key trends: One of the key trends driving the growth of petroleum resins market includes increasing application of resins in 5G telecommunication industry. The deployment of 5G network requires high-performance and durable materials that can withstand high temperature and other climatic conditions. Petroleum resins meet these criteria and hence find increasing usage in substrates, substrate protection tapes, and d...

The global Webbing Market is estimated to be valued at US$ 941.85 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Webbing refers to narrow fabric belts or tapes made of polyester, nylon or polypropylene. They are known for their high strength to weight ratio and versatile applications across different end use industries like automobile, defence, aerospace, safety equipment etc. Webbing offers advantages like durability, flexibility and safety. Market key trends: One of the key trends in the Webbing market is the growing demand from the defense and military sector. Modern armies and navy forces extensively use webbing for load carrying systems, rigging belts and safety equipment like harnesses. With rising global instability and geo-political tensions, military budgets of major economies are increasing which is driving the demand for specialized web...