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Showing posts from January, 2024

Bitumen Market is estimated to witness surging demand at a CAGR of 3.94% by 2029

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Data Bridge Market Research analyses that the bitumen market was valued at USD 51.70 billion in 2021 and is expected to reach USD 70.43 billion by 2029, registering a CAGR of 3.94 % during the forecast period of 2022 to 2029.  Industry Analysis Bitumen is obtained in the form of the residue from the distillation of crude oil. It was first utilized due to its waterproofing and natural  adhesive  properties, which helps to bind building materials together and line ship bottoms. This is also used as a medicine. The demand of bitumen is growing for infrastructure due to increasing the population and improving the standard of living which is anticipated to bolster the growth of bitumen market during forecast period. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.   Bitumen is a viscous su...

Nanocoatings Market Industry Insights, Trends, and Forecasts to 2028

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Nanocoatings market size is expected to grow at a compound annual growth rate of 22.06% for the forecast period of 2021 to 2028.  Industry Analysis Data Bridge Market Research report on nanocoatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. The nanocoatings offer resistance to fluctuations in temperature and also provide a clear, colorless protection which cannot be detected by the naked  eye . This keeps the product aesthetic appearance and also preserves the natural gloss and clearness of the product. The rapid rise in the preference for advanced materials in the medical and automotive industry is expected to influence the growth of the nanocoatings market. In line with this, the rapid increase in world population, rise in the income level and the ease of living and awareness are also anticipated to act as key determinants favor...

Antimicrobial Coatings Market Industry Analysis and Forecast 2029

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The Global Antimicrobial Coatings Market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 12.8% in the forecast period of 2022 to 2029 and is expected to reach USD 14,431.20 million by 2029.  Industry Analysis Antimicrobial coatings assist in maintaining the quality of applied surfaces by preventing the growth of microorganisms such as fungi, parasites, and bacteria. The usage of these antimicrobial coatings provides improved cleanliness and hygiene as they end the requirement of frequent cleaning. As a result, antimicrobial coatings are more cost-effective and offer lasting protection against pathogens. These coatings are generally applied on walls, vents, counters, and door handles. Moreover, as these coatings help sterilize medical tools, surgical masks, gloves, and clothing, they find vast applications in clinics, hospitals, and healthcare centers. The applicati...