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The global Electrical Contact Cleaner Market was valued at $561.41 million in 2021, which is expected to grow with a CAGR of 6.45% and reach $1,022.21 million by 2031. The growth in the global electrical contact cleaner market is expected to be driven by rising safety hazards due to the presence of electrical resistance on the contact surfaces caused by dirt, grease, oil, and others. The presence of volatile organic compounds (VOCs) in electrical contact cleaners is the key restraining…Continue
The Transportation Grade Bioethanol Market is expected to grow at a healthy growth rate, as many countries have mandated using bioethanol fuel blends to reduce greenhouse gas (GHG) emissions and increase vehicle fuel efficiency. For instance, the Canadian Clean Fuel Standard requires liquid fuel suppliers to gradually reduce the carbon content of fuels they produce and sell in Canada. This results in a reduction of CO2 emissions to approximately 13% of liquid fuels used in Canada by 2030. In…Continue
Polyurethane-based foams have been developing significantly since the 1950s, and much can be attributed to the technological advancements in this field. The ecosystem of the polyurethane-based foams in the automotive market comprises automotive seating manufacturers, automotive panel manufacturers, OEM manufacturers, and end users.
Some major features of polyurethane-based foam make its adoption preferable in the automotive industry, such as light in weight, durable, versatile,…
Carbon Capture Utilization and Storage Market was valued at $2,100.0 million in 2021 and is expected to reach $12,159.6 million by 2031, growing at a CAGR of 19.2% between 2022 and 2031. The growth in the global carbon capture utilization and storage market is expected to be driven by an increasing focus on reducing carbon emissions and the growing demand for enhanced oil recovery (EOR). Lack of storage facilities and leakage of CO2 from underground storage are some key restraining factors…Continue