Top Ten Common Prejudices About Polyethylene Naphthalate Market.

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In 2014, the global polyethylene naphthalate market was worth USD 827.0 million, and it is expected to grow at a CAGR of 7.5 percent over the next five years. Because of its improved thermal and barrier properties, such as oxidation resistance, polyethylene naphthalate (PEN) is primarily used in packaging applications. Over the forecast period, rising demand for high-strength photographic films is likely to drive market expansion. polyethylene naphthalate market Because of their higher stiffness modulus, PEN films are a major component of food packaging applications, providing increased barrier properties and enhancing the material's strength. These films are also used to make pressure sensitive tapes and thermal sheets. They are also involved in the protection of solar cells. Forward integration of raw material providers in PEN manufacturing is a feature of the polyethylene naphthalate market. These businesses actively consume raw materials in order to create their products. Con...
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Everything You Need To Know About Iron Oxide Market.

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From 2021 to 2028, the global iron oxide pigments market is predicted to increase at a compound annual growth rate (CAGR) of 4.7 percent. Over the projected period, the rapidly rising construction industry in emerging nations is expected to be a key development factor for the market. Furthermore, the growing use of iron oxide pigments in the coating industry is expected to propel market growth over the forecast period, owing to their excellent dispersibility and high strength, which make them suitable for use in various types of paints and coatings under extreme atmospheric and weather conditions. Iron oxide pigments are widely employed in a variety of applications.

Overview of the Report

From 2021 to 2028, the global iron oxide pigments market is predicted to increase at a compound annual growth rate (CAGR) of 4.7 percent. Over the projected period, the rapidly rising construction industry in emerging nations is expected to be a key development factor for the market. Furthermore, due to their outstanding dispersibility and high strength, which make them appropriate for use in many types of paints and coatings under extreme atmospheric and weather conditions, the usage of iron oxide pigments in the coating sector is predicted to increase.

Over the projected period, rising demand for nitrobenzene, a major raw ingredient, in diverse applications such as lubricating oils, medicines, synthetic rubber, insecticides, and dyes is expected to drive up its price, affecting the cost of producing iron oxide pigments.

In 2020, the synthetic product segment dominated the market, accounting for more than 69.0 percent of global sales. This is due to their higher popularity than natural iron oxide pigments, which is due to their excellent strength and stability. They are employed in a variety of applications, including coatings, plastics, paper, and construction, because they are resistant to UV rays and all types of atmospheric conditions.

Synthetic iron oxide pigments are primarily used in the coatings sector, notably for exterior and industrial coatings that require durability, stability, and anti-corrosive qualities. Over the projected period, rising demand for coatings from various industries, such as building and construction and oil and gas, is expected to boost demand for synthetic iron oxide pigments.

Natural iron oxide pigments are less widely utilised than manufactured iron oxide pigments due to their lower tinting strength and the presence of impurities that reduce their working effectiveness. Natural iron oxide pigments can be found in a variety of products, including house and barn paints, primers, structural coatings, and construction materials.

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