blogoverfuture

  Overview: The global market for magnesium oxide is expected to record a growth that would surpass USD 5376.5 million during the forecast period (2017–2023). Market Research Future (MRFR) revealed several details regarding the market in the report and included major market influencers that can change the course of the market. These factors are majorly dependent on changes made in industries like agriculture, refractory, and construction. The demand for the product is on the rise in the refractory segment as sectors like kilns, furnaces, incinerators, and reactors. This is getting backed by the surge in the industrial sector in various developing countries. In the production of fertilizers and animal feed, the need for magnesium oxide is rising, which may promote the market. But the growing use of graphite and silicon carbide may hold back the market growth. Competitive Landscape: The global market in the magnesium oxide would witness substantial growth opportunities with several t...

  Polyetherketoneketone (PEKK) Market Synopsis The global Polyetherketoneketone (PEKK) Market was valued at USD 35.8 million in 2018 and is expected to register a CAGR of 10.7% during the forecast period. It offers excellent resistance to chemicals and abrasion. Among high-performance polymers, PEKK can resist extreme environments making it ideal for use in the aerospace and oil exploration industries. In addition, when PEKK is reinforced with carbon fibers, it becomes as rigid as metal and exhibits significant lightweight properties. In the aerospace industry, PEKK is used as a high-performance alternative in motor and engine owing to its capability to withstand extreme conditions. According to the Aerospace Industries Association, the global aerospace and defense industry grew by 3.0% in 2016. The US aerospace and defense industry contributes major share towards revenue generation of the global aerospace industry, which was USD 865 billion in 2017. Thus, the growing aerospace ind...