Category: Advanced Interior Materials

The global rare earth elements market is anticipated to grow at a CAGR over 12.4 % from 2016 to 2024 (forecast period). It should reach around USD 16 billion by 2024.Rare earth metals have numerous applications in advanced products; such as nuclear batteries, television sets, tablets, military warfare, superconductors, etc. Booming mobile devices have raised the…

Worldwide luxury furniture market was estimated at USD 21,389 in 2014 and is anticipated to cross over USD 28,600 million by 2022.The market is rapidly growing at a CAGR of 3.2% over the coming years. Increasing disposable income results in growth in demand for luxury living; therefore, it is impacting overall industry growth. Adoption of…

The worldwide metal matrix composites (MMC) market produced an income of around USD 228 million in 2012. It is predicted to generate revenue worth about USD 357 million by 2019. The market is projected to rise further at around 6.6 percent CAGR during 2013 to 2019. The worldwide demand for MMCs was estimated at about…

Global ammunition market is expected to grow on account of increasing military expenditure for the implementation of stockpiling and modernization programs by U.S., China, Israel and India. Increasing importance of up gradation of military weapons in numerous countries is likely to have a positive impact on the market. Technological advancements in developed economies for developing…