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The global Bandages Market is estimated to develop at a substantial CAGR of 4.6% for the duration of the prediction. Growing elderly people causing upsurge in occurrence of long-lasting sicknesses and damages, increasing occurrence of Surgical Procedures, Ulcers, and Diabetic Foot are the important reasons that are motivating the development of the market.
The global hot melt adhesives market is likely to grow at a significant CAGR of 6.40% in the forecast period. A thermoplastic polymer system when applied in a molten state results in a hot melt adhesive. The flow must be smooth on both the surfaces to allow rapid cooling at a room temperature. Hence, proper viscosity for hot melt adhesives to function at room temperature enables in an ideal product.
The global glass fiber market is anticipated to grow at a CAGR of 5.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Glass fiber, as the name suggests, involves fine fibers of glass. The factors that propel the growth of the Glass Fiber Market include increased usage of in automobiles to decrease weight and CO2 emissions, increased construction activities at the global level, and demand for corrosion resistance applications such as pipes and tanks from oil & gas and water supply sector.
The global white oil market is likely to grow at a significant CAGR in the forecast period. White oil is normally referred to as a mineral white oil or baby oil and is manufactured from highly refined paraffinic and napthenic hydrocarbons resulting from crude oil. The product is extremely versatile and pure. The manufacturing process either involves solvent refining, dewaxing and hydrotreating.
The global chlorobutyl rubber market is subject to witness a substantial growth due to the superior product properties in comparison with natural rubber. The factors responsible for robust market growth include soaring demand form automotive and pharmaceutical sector. Chlorobutyl rubber is an essential element for the production of automobile tires.
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