Industry Experts - Market Research Reports, Industry Analysis, Custom Research

Industry Experts, Inc. unveiled the new global market report entitled " Powder Metallurgy – A Global Market Overview ". As per the new report, Automotive forms the largest, as also the fastest growing, application for Powder Metallurgy, the market for which is slated to compound annually at 6.5% over 2017-2023 in reaching a projected US$7.8 billion by 2023. Powder Metallurgy is a technique used for processing powdered feedstock that is further used to manufacture various types of components. The parts and components produced using this method find application in a range of areas, such as aerospace, automotive, business machines, electrical & electronics and industrial, among others. These components can include gears, bushes, bearings, sprockets, rotors and magnets. Fast growth in technological advancements in electronic and computer components is one major factor fueling demand for Powder Metallurgy, with the aerospace and automotive industries also making significant

Industry Experts, Inc. introduced the global market report on Furfural. The new and an exclusive market research report entitled " Furfural and Furfuryl Alcohol – A Global Market Overview " reveals that the Furfuryl alcohol constitutes the largest application segment for furfural and the trend is likely to continue in the future. This is substantiated by the fact that over the 2018-2024 forecast period, demand for furfural in the production of furfuryl alcohol is anticipated to maintain a faster growth than other applications. Furfural, also widely known as furfuraldehyde or 2-furaldehyde, is a clear, colorless motile liquid with an aromatic odor reminiscent of almonds. Furfural is produced from agricultural waste biomass, such as corn cobs, sugar cane bagasse, rice and oat hulls, and wood chips, which contain pentosans (xylan, arabinan and polyuronids), the complex carbohydrates contained in the cellulose of plant tissues. Asia-Pacific is the largest furfural consuming