The size of the biorefinery market is about USD 150.4 billion in 2023, and it will propel at 8.8% rate by the end of this decade, to touch USD 268.3 billion by 2030. Biorefineries are facilities envisioned for producing fuels, chemicals animal feed, and energy from biomass. Recently, the spending in such infra has increased due to the rising requirement … Continua a leggere
A number of factors, such as the expanding electronics sector, burgeoning steel production, and soaring lithium-ion (Li-ion) battery demand, are expected to fuel the graphite market at a CAGR of 7.4% during the forecast period (2020–2030). According to P&S Intelligence, the market revenue will rise from $19,092.9 million in 2019 to $36,889.1 million by 2030. In recent years, the increasing … Continua a leggere
Consumers’ top requirements when searching for automotive technologies and components are materials with good corrosion resistance, a high strength-to-weight ratio, and substantial design freedom. To adapt to changing consumer needs, the automotive industry has used polymer composites, plastics, magnesium, steel, and aluminum. Composites are becoming more and more common due to their numerous uses in autos as well as their … Continua a leggere