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Waterproof Breathable Textiles Market Expected To Witness A Substantial Growth Of $2.7 Billion By 2027: Grand View Research Inc.

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  The global waterproof breathable textiles market size is expected to reach USD 2.7 billion by 2027 , expanding at a revenue-based CAGR of 5.7%, according to a new report by Grand View Research, Inc. Increasing demand for comfortable and high-performance apparel that provides protection from environmental factors such as wind and rain is expected to propel market growth over the forecast period. The shortage in supply of raw materials from Chinese manufacturers has resulted in a severe demand-supply gap. The manufacturers are further expected to be stranded on raw material orders owing to the logistics industry being significantly impacted due to lockdown amid COVID-19. However, the producers are expected to move away from China aiming to reduce the future risks that would affect the business and to reduce the manufacturers' cluster in a single country in order to smoothen the supply chain. The report will account for Covid19 as a key market contributor. Waterproof breathabl...

Industrial Insulation Market Likely To Touch At $10.79 Billion By 2027: Grand View Research Inc.

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  The global industrial insulation market size is expected to reach USD 10.79 billion by 2027 , expanding at a CAGR of 5.1% over the forecast period, according to a new report published by Grand View Research, Inc. Benefits of insulation systems, such as equipment protection and increased system efficiency are anticipated to drive the demand. Insulation protects industrial appliances from fire hazards, prevents the condensation of moisture on the equipment, and protects the equipment at extremely low or high temperatures leading to reduced accidental risks. In addition, it also helps in lowering the manufacturing and energy cost leading to an increased adoption of industrial insulation. Fluctuations in the crude oil prices are anticipated to result in uncertainty in the prices of the raw materials derived from petrochemicals, which increases the bargaining power of the suppliers. The volatile raw material prices are anticipated to restrict the market growth in the forthcoming...

Aerosol Market To Grow Enormously with Size Worth $143.64 Billion By 2027 |Grand View Research, Inc.

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  The global aerosol market size is anticipated to reach USD 143.64 billion by 2027 , according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 6.5% in terms of revenue, during the forecast period. Rising demand for aerosol products from various end-use industries such as personal care, household, automotive and industrial, and medical is anticipated to drive the market growth. Aerosol paints are increasingly being used for automotive as well as architectural paint application. Uniform propulsion, ease of application, and aesthetic appeal of aerosols are the key factors attributed to the demand from automotive and architectural end-use industries. Furthermore, the rapidly expanding construction sector, especially in developing countries, such as India, China, Vietnam, and Indonesia, are expected to fuel the demand in paint application. Considerably high prevalence of respiratory diseases such as asthma and Chronic Obstructive Pulmonary Disea...

Roofing Materials Market Expected To Witness A Substantial Growth Of $151.2 Billion By 2027: Grand View Research Inc.

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  In recent years, roofing materials industry has witnessed an intensified interest in products that promote energy efficiency and sustainability. The industry today is marked with manufacturers, distributors and contractors who focus on offering products that are environmentally friendly and quality services that ensure long-term relationships enhancing customer loyalty. New materials, information, and technology are changing patterns of work in the construction industry and this, in turn, has had a direct positive impact on roofing materials demand. The most prominent trend in the market is the rising demand for environmentally friendly products promoting energy efficiency as well as sustainability. These trends are majorly driven by the availability of incentives in the form of government tax credits and a rapid surge in demand for eco-friendly roofing products. In upcoming years, the demand for roofing materials is expected to be fueled by resurging residential building cons...