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Showing posts from July, 2022

The Versatility and Durability of Asphalt: More Than Just a Road Surface

When we think of asphalt, our minds often conjure images of smooth road surfaces stretching into the distance. However, the uses and benefits of asphalt go far beyond just paving roads. In this blog post, we'll explore the versatility and durability of asphalt, shedding light on its various applications and the importance of proper maintenance. The Basics of Asphalt Asphalt, also known as bitumen, is a sticky, black, and highly viscous liquid or semi-solid form of petroleum. It is a crucial component in the construction industry, primarily used for paving roads, driveways, and parking lots. Its popularity stems from its cost-effectiveness, ease of installation, and exceptional durability. Beyond Roads - Surprising Applications While roads are the most common application of asphalt, its uses extend into various surprising areas. For instance, asphalt shingles are a popular roofing material due to their weather resistance and longevity. Additionally, it's used in the construction...

Geocomposites Market Expected Growth Opportunities Forecast by 2028 | Development in the Construction Sector to Propel Market Progress

  The global geocomposites market size was valued at   USD  383.5 million   in   2020 . The market is expected to grow from   USD 401.1 million   in   2021   to   USD 608.7 million   in   2028 , exhibiting a   CAGR   of   6.1%   during the forecast period. Rising construction activities and increasing awareness of the material’s benefits are expected to fuel the market development.   Fortune Business Insights ™  presents this information in its report titled “ Geocomposites Market, 2021-2028. ” Geocomposites are used for filtration, reinforcement, separation, and drainage of roads. It increases the durability and strength of soil in roadways, thereby increasing its adoption. Rising construction projects and rapid development fuel the adoption of the product. The construction of railways, highways, roads, and others is likely to increase sales. Further, rising awareness regarding geocomposites' bene...

GRP Pipe Market Size, Research, Growth and Forecast to 2029 | GRP Pipe Industry Demand in South Korea

The global GRP pipe market size is set to expand at a steady pace in the coming years owing to the wide applicability and excellent benefits of GRP pipes across industries, shares Fortune Business Insights™ in its report, titled “ GRP Pipe Market Size, Share & Industry Analysis, By Application (Chemicals and Oil & Gas, Industrial, Sewage, Irrigation & drinking water transmission, Energy & Power, Others) and Regional Forecast, 2022-2029 ”. The biggest and most touted advantage of a Glass-Reinforced Polyester (GRP) pipe is that it is resistant to corrosion. These pipes are designed to have a long service life without any special lining or coating, which makes them highly cost-effective for the end-user. Owing to this property, these pipes are extensively adopted across a range of industries associated with chemical production, such as flue-gas desulfurization, chlor-alkali & chemical plants, metal production, and pulp & paper mills. Another distinct feature of GRP...

South Korea Automotive Engine Oil Market Expanding  Worldwide by 2026 | Up surging Demand for Synthetic Automotive Engine Oil to Boost Growth

  The global automotive engine oil market is set to gain momentum from the increasing demand for lower viscosity motor oil as they are capable of enhancing the fuel economy. Many OEMs have also begun recommending these types of oils to enhance performance. Fortune Business Insights™ provided this information in a recent report, titled, “Automotive Engine Oil Market Size, Share & Industry Analysis, By Grade (Mineral, Synthetic and Semi-synthetic), By Engine Type (Diesel, Petrol, Alternative Fuel), By Application Area (Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), Two Wheeler, and Other), and Regional Forecast, 2019-2026.” The report further states that the automotive engine oil market size was USD 36.49 billion in 2018 and is projected to reach USD 45.66 billion by 2026, exhibiting a CAGR of 2.88% during the forecast period. Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/automotive-engine-oil-marke...

South Korea 3D Printing Materials Market Size, Growth, Production, Types, Applications and Forecast Report 2026 | Booming Aviation Industry to Propel Growth in North America

  According to Fortune Business Insights™ the global 3D printing materials market size is predicted to reach USD 3.78 billion by 2026, exhibiting a CAGR of 12.1% during the forecast period .  The increasing application of 3D printing in various end-user industries such as aerospace, automotive, military, and healthcare will have a positive impact on the 3D printing materials market revenue during the forecast period. Moreover, one of the major 3D printing materials market trends include the increasing knowledge of 3D printing as a faster manufacturing process than conventional manufacturing processes such as injection molding, and subtractive production. As per the published report by Fortune Business Insights, the market size stood at USD 1.53 billion in 2018.  The 3D printing materials market report focuses and elaborates the definition, types, applications and major players in detail. Deep analysis about 3D printing materials market outlook, competition pattern, enterp...

South Korea Protective Coatings Market Future Growth, Trends, Top Key Players, Business Opportunities

  The latest study released on the   South Korea Protective Coatings   Market by Fortune Business Insights™ evaluates the market size, share, trend, and forecast to 2029. The   South Korea Protective Coatings   market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts, and other key people to have a ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities, and upcoming challenges and about the competitors. Using SWOT analysis, the report examines market drivers and restraints, as well as their impact on demand during the predicted period. The South Korea Protective Coatings report was created using the following criteria: market type, organization size, on-premises availability, and end-user organization type. North America, South America, Europe, Asia-Pacific, the Middle East, and Africa are among the regions examined f...

Triethyl Phosphate Market Growing Trade Among Emerging Economies Opening New Opportunities In South Korea

The triethyl phosphate market size is anticipated to grow due to the rising demand for triethyl phosphate in several end-use applications. Fortune Business Insights TM has presented this information in its upcoming report titled, “ Triethyl Phosphate Market , 2021-2028 ”. Triethyl phosphate is a triester of the acids phosphoric and ethanol. It comes in a variety of grades, including industrial and superior, depending on the application. Furthermore, the chemical is widely used as a precursor in the manufacture of tetraethyl pyrophosphate (TEPP). It has flame retardant qualities and is utilized in a variety of applications as a catalyst. Chemical catalysts, flame retardants, organic solvents, and pesticide intermediates are all examples of where the product is used. Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/triethyl-phosphate-market-105429 Russia-Ukraine War Implication The Russia-Ukraine war could change the Triethyl Phosphate Market d...

Thermoformed Plastics Market Growing Trade Among Emerging Economies Opening New Opportunities In South Korea

The global thermoformed plastics market size is expected to reach USD 59.74 billion by 2027, exhibiting a CAGR of 5.7% during the forecast period. The growing awareness about hygienic packaged food products is expected to foster healthy growth of the market, states Fortune Business Insights, in a report The market size stood at USD 40.59 billion in 2019. The report on the  thermoformed plastics market emphasizes : Wide-ranging analysis of the market Valuable insights into the regions Key market trends and drivers Severe impact of COVID on the industry Significant about prominent players Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/thermoformed-plastics-market-104032 Market Driver : Significant Demand for Packaged Food to Enable Growth The increasing demand for packaged food owing to the evolving habits of consumers will foster the healthy growth of the market. The increasing income and expenditure are factors expected to contribute pos...

Korea Piezoelectric Materials Market Analysis, Demand, Growth, Opportunities and Forecast 2028 | Surging Production Capacities to Aid Expansion in Asia Pacific

  The global piezoelectric materials market size is expected to reach USD 1,841.3 Million by 2027, exhibiting a CAGR of 5.0% during the forecast period. The growing development of lead-free piezoelectric materials owing to the strict regulations will subsequently foster the healthy growth of the market, states Fortune Business Insights, in a report, market size stood at USD 1,352.2 Million in 2019. Market Driver : High Aerospace & Defense Expenditure to Augment Growth Various governments of emerging countries such as India, China, the U.S., Israel, and Japan are spending heavily on defense activities owing to growing security concerns. Countries are significantly investing in military devices such as missile guidance systems, drones, and radars to consolidate their armed capabilities, which, in turn, will spur opportunities for the market. Moreover, the growing space exploration activities have resulted in the high utilization of devices such as sensors, acoustic devices, and S...

South Korea Technical Textiles Market Growth, Size, Share, Demand till 2028

  The latest study released on the   South Korea Technical Textiles   Market by Fortune Business Insights™ evaluates the market size, share, trend, and forecast to 2029. The   South Korea Technical Textiles   market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts, and other key people to have a ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities, and upcoming challenges and about the competitors. Using SWOT analysis, the report examines market drivers and restraints, as well as their impact on demand during the predicted period. The South Korea Technical Textiles report was created using the following criteria: market type, organization size, on-premises availability, and end-user organization type. North America, South America, Europe, Asia-Pacific, the Middle East, and Africa are among the regions examined for ...

Precast Concrete Market Growing Trade Among Emerging Economies Opening New Opportunities in South Korea

  The global precast concrete market size is expected to showcase significant growth by reaching USD 159.85 billion by 2028. Fortune Business Insights, in its report titled  “ Precast Concrete Market, 2021-2028.”,  mentions that the market stood at USD 114.78 billion in 2020 and is likely to exhibit a CAGR of 4.4% between 2021 and 2028. The rapid-paced urbanization, coupled with the rising population rate, is anticipated to favor the adoption of the product globally. According to the National Bureau of Statistics (NBS), around 901.99 million people reside in the mainland areas in China, which accounts for over 63.89% of the total population in the country. The widespread effect of the global pandemic, COVID-19, has been felt across several economies that are facing unprecedented loss. Owing to the lockdown announced by the government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government...

South Korea Membranes Market Demand, Growth, SIze till 2029

  (Latest Industry Updated Report)   “ South Korea Membranes Market”  Report provides an in-depth analysis of emerging trends, market drivers, development opportunities, and market constraints that may have an impact on the market dynamics of the industry. Each market sector is examined in depth in the Market Research Intellect, including goods, applications, and competitive analysis. The data used for this report is obtained from reliable industry sources, paid resources, and validated sources. This research works as a systematic guideline for marketers to make well-informed decisions. Key players in the membrane market are profiled with detailed insights into company profile, product portfolio, geographical presence, statistical analysis, key developments, and growth strategies. Furthermore, the  South Korea Membranes Market report provides a comprehensive analysis of the COVID-19 pandemic and how it has affected the market in the...