The global structural adhesives market attained a valuation of $11,677.9 million in 2018 and this value is expected to rise to $15,683.0 million by 2024.
Graphene is extensively used in the biomedical, electrical and electronics, composites, and energy industries. Amongst these, the composites industry is expected to record the fastest growth in the utilization of graphene in the coming years.
The rising adoption of renewable energy sources for power generation is a major factor contributing toward the growing need for energy storage throughout the world.
The growing demand for energy is one of the key drivers that boosts the compressed air energy storage market. Further, rising concern about environmental impacts of fossil fuels is also impacting the market growth in a positive way.
The global plastic recycling market is predicted to reach a value of over $64,139.7 million by 2024, increasing from $41,238.8 million in 2018, and it is expected to progress at a CAGR of 8.6% during 2019–2024 (forecast period).
With the rising demand for gadgets and other appliances, the liquid crystal polymer market is projected to grow at a CAGR of 5.7% CAGR during 2018–2023, from $1,037.4 million in 2017 to $1,447.9 million by 2023.