Global Cross Laminated Timber Market Projected a CAGR of 15% During the Forecast Period

Cross laminated timber (CLT) is a panel of wood, designed by gluing together layers of solid-sawn timber. The process offers improved dimensional stability to the product, in-plane and out-of-plane strength, stiffness and increases the splitting resistance. Over the years, cross laminated timber has replaced other concrete alternatives such as steel and masonry due to their … Continue reading Global Cross Laminated Timber Market Projected a CAGR of 15% During the Forecast Period →

Global Neoprene Market is Exhibiting a CAGR of 4% During 2019-2024

A new research report by IMARC Group, titled “Neoprene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the global neoprene market reached a volume of 384 kilotons in 2018. First manufactured by DuPont in 1930, neoprene is a synthetic rubber that is produced by the polymerization of chloroprene. Highly resistant to water, oils, … Continue reading Global Neoprene Market is Exhibiting a CAGR of 4% During 2019-2024 →

Growth of Global Methanol Market is Expected to Reach a Value of US$ 45.0 Billion by 2023

According to IMARC Group’s new report, titled “Methanol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global methanol market has reached a value of US$ 20.7 Billion in 2017, exhibiting a CAGR of 9.2% during 2010-2017. Methanol, also known as wood alcohol, is a colourless liquid produced via the reaction of syngas and hydrogen … Continue reading Growth of Global Methanol Market is Expected to Reach a Value of US$ 45.0 Billion by 2023 →