Recent Updates
- Teak Decking Market Projected to Expand at 4.6% CAGR, Surpassing USD 1.37 Billion by 2033In 2023, the global teak decking market was USD 871.6 million. Sales of teak decking are expected to grow at a 4.6% CAGR globally between 2023 and 2033, according to the assessment period. By the end of 2033, revenue is expected to reach a market size of USD 1,366.1 million. The growing tourism industry is one of the main factors driving the teak decking market. Boats, super yachts, and yachts...0 Comments 0 Shares 1 ViewsPlease log in to like, share and comment!
- Anhydrous Hydrogen Fluoride Market Forecasted to Exceed USD 5.7 Billion by 2033In fiscal year 2023, the market for anhydrous hydrogen fluoride is anticipated to be worth USD 3.25 billion, up from USD 3.07 billion in fiscal year 2022. The market is anticipated to increase at a 5.8% CAGR from 2023 to 2033, achieving a value of USD 5.7 billion by the end of that year. Rising consumer demand for goods including refrigerator gas, air conditioners, electronics, and autos is...0 Comments 0 Shares 2 Views
- Phthalate and Non-Phthalate Plasticizers Market to Thrive, Projected to Hit USD 22.97 Billion by 2033The global phthalate and non-phthalate plasticizers market is estimated to expand from USD 14,432.6 million in 2023 to USD 22,968.9 million by 2033. Overall sales in the market are likely to soar at 4.8% CAGR through 2033. Rapid adoption of phthalate and non-phthalate plasticizers across various industries will continue to drive the global market forward. The shift towards bio-based...0 Comments 0 Shares 3 Views
- Dimer Acid-Based Polyamide Resin Market Predicted to Achieve USD 5,550 Million by 2034, Growing at 7% CAGRThe dimer acid-based (DAB) polyamide resin market is projected to reach a size of USD 2,814.3 million in 2024. By 2034, the market revenue is anticipated to surge to USD 5,550 million. The demand is expected to rise at a CAGR of 7% from 2024 to 2034. One significant factor is the increasing demand for eco-friendly and sustainable materials across various sectors, such as automotive, packaging,...0 Comments 0 Shares 4 Views
- Market Analysis: Bakuchiol to Achieve USD 16.36 Million with 6.4% CAGR by 2033The bakuchiol market is projected to grow at a noteworthy compound annual growth rate (CAGR) of 6.4% from 2023 to 2033, and reach a value of USD 8.80 million by 2023. By 2033, the bakuchiol market is expected to be worth USD 16.36 million. The primary reason for accelerating the bakuchiol industry is the rising demand for it as a safe, natural substitute for retinoids. The growth of the...0 Comments 0 Shares 4 Views
- Bentonite Clay Market Set for 5.2% CAGR, Projected to Hit USD 3.2 Billion by 2034According to Future Market Insights (FMI), the worldwide bentonite clay market is expected to reach USD 1.9 billion in 2024 and USD 3.2 billion by 2034. The market is projected to rise at a CAGR of 5.2% by 2034. Bentonite is gaining traction in cosmetic preparations as pigment binders and suspending agents, driving its use in the pharmaceutical...0 Comments 0 Shares 7 Views
- Global Organic Pigments Market to Surpass USD 9.82 Billion by 2032, 4.5% Annual GrowthThe global organic pigments market is poised to experience a steady growth trajectory with a projected Compound Annual Growth Rate (CAGR) of 4.5% throughout the forecast period. As of 2022, the market is valued at USD 5862 Million, and it is expected to witness substantial expansion, reaching an estimated high of USD 9824.9 Million by the year 2032. This upward trend reflects the...0 Comments 0 Shares 8 Views
- Global Pyrolytic Boron Nitride Market Anticipated to Reach USD 350.2 Million by 2033, Growing at 5.2% CAGRThe global market for pyrolytic boron nitride is anticipated to thrive at a CAGR of 5.2% during the assessment period. Total sales revenue in the market is projected to increase from USD 211.4 million in 2023 to USD 350.2 million by 2033. Several factors are expected to drive the global pyrolytic boron nitride market forward. These include expansion of end-use industries, increasing research...0 Comments 0 Shares 11 Views
- Industry Outlook: Soil Hardening Agent Market Set for 10% CAGR Growth to 2032The soil hardening agent market is poised for robust growth, projected to exhibit a promising Compound Annual Growth Rate (CAGR) of 10% from 2022 to 2032. This anticipated expansion is driven by the increasing demand for solutions that enhance soil stability and reduce erosion risks across various industries. The growing awareness of sustainable construction practices, coupled with...0 Comments 0 Shares 21 Views
- Hyaluronic Acid Industry Forecasted to Achieve 6.3% CAGR, Reaching USD 17,927 Million by 2034The global hyaluronic acid market is poised for a remarkable surge, with a projected CAGR of 6.3% through 2034. The industry value is set to jump from USD 9,694.6 million in 2024 to USD 17,927 million by 2034. The hyaluronic acid industry is being driven by the increasing demand for minimally invasive cosmetic procedures is boosting the use of hyaluronic acid in dermal fillers and injectables,...0 Comments 0 Shares 23 Views
- Direct Reduced Iron Market to Expand to USD 60 Billion by 2034, 7.6% CAGR PredictedThe direct reduced iron market value is expected to rise from USD 28,195.90 million in 2024 to USD 60,013.60 million by 2034. This market is analyzed to surge ahead at a CAGR of 7.60% over the next decade. Significant changes in the steel industry are pushing forward the demand for direct reduced iron. Presently, the steel industry is going through a pivotal shift toward lower-carbon...0 Comments 0 Shares 23 Views
- European Black & Wood Pellets Industry Set to Grow 9.0% Annually, Reaching USD 25.8 Billion by 2032According to Future Market Insights (FMI), Europe black & wood pellets market is projected to grow at a firm 9.0% CAGR during the assessment period from 2022 and 2032. Overall, black & wood pellet sales across Europe are projected to total a market valuation of USD 25,812.9 Million by 2032. Rising usage of black & wood pellets in power and heat generation applications is a crucial...0 Comments 0 Shares 23 Views
- Dimethyl Disulphide (DMDS) Market to Climb to USD 343.7 Million by 2033, Registering 4.2% CAGR GrowthThe worldwide sales of dimethyl disulfide have surged in the last few years and are expected to reach USD 227.8 million in 2023. According to the FMI report, the total sales of dimethyl disulfide (DMDS) market are expected to record an average annual growth rate of 4.2%. The market is predicted to grow rapidly throughout the projection period until 2033, concluding at a value of about USD 343.7...0 Comments 0 Shares 27 Views
- Trend Analysis: Electric Insulators Market Predicted to Attain USD 6.5 Billion by 2033The size of the global electric insulators market is anticipated to exhibit a CAGR of 3.5% from 2023 to 2033. By 2033, it is anticipated to total USD 6.5 billion. The electric insulators market is expected to reach around USD 4.6 billion in 2023. It will likely create a specific profit potential worth USD 1.9 billion over the evaluation term....0 Comments 0 Shares 27 Views
- Predictions Suggest Purified Terephthalic Acid (PTA) Market to Scale USD 18.36 Billion by 2034The purified terephthalic acid (PTA) market is valued at USD 11,058.60 million in 2024 and is anticipated to surpass a valuation of USD 18,359.40 million by 2034. The purified terephthalic acid market size is projected to expand at a CAGR of 5.20% from 2024 to 2034. Polyester is a versatile synthetic material whose demand has been continuously increasing for several reasons. Polyester is...0 Comments 0 Shares 27 Views
- Fluoropolymer Market on Track for USD 18 Billion by 2033, CAGR of 6% PredictedThe fluoropolymer market is predicted to be valued at USD 10 billion in 2023 and USD 18 billion by 2033. Over the projection period, sales in the fluoropolymer market are expected to increase at a CAGR of 6%. A significant opportunity lies in the growing demand for eco-friendly and sustainable materials. Fluoropolymers, known for their exceptional chemical resistance and durability, are being...0 Comments 0 Shares 37 Views
- High Performance Refinery Additives Market Projected to Grow at 4.2% CAGR, Exceeding USD 3.3 Billion by 2033In 2023, the high performance refinery additives market is expected to be worth USD 2.2 billion. The market is expected to reach USD 3.3 billion by 2033, expanding at an 4.2% CAGR throughout the forecast period. The High Performance Refinery Additives industry is driven by several factors, including the increasing refinery production in key countries as well as growing demand for high...0 Comments 0 Shares 41 Views
- Future Prospects Show Active Oxygens Market Surpassing USD 6.7 Billion by 2033The active oxygens market is expected to be worth USD 3.9 billion in 2023. The market is expected to reach USD 6.7 billion by 2033, growing at a 5.5% CAGR during the forecast period. Active oxygen industry is being driven by their expanding applicability to numerous end uses, including cleaning, packaging, laundry, aquaculture, soil remediation, chemical synthesis, etc. Active oxygens are...0 Comments 0 Shares 52 Views
- Sulphur Hexafluoride Market to Surge, Predicted to Reach USD 487.93 Million by 2033The global sulphur hexafluoride market is projected to amass a revenue of USD 487.93 million by 2033 as opposed to USD 288.37 million in 2023. The market is set to expand at a CAGR of 5.4% from 2023 to 2033. Escalating demand for electronic devices and electricity, as well as the increasing adoption of sulphur hexafluoride in the medical sector, is responsible for the growth of the sulphur...0 Comments 0 Shares 53 Views
- Concrete Fiber Market Anticipated to Hit USD 5.5 Billion by 2034 at a 9.7% CAGRThe concrete fiber market is expected to be valued at USD 2,177 million in 2024. The market's progress is projected to stimulate significantly from 2024 to 2034, with a CAGR of 9.7%. By 2034, the market value is forecasted to hit USD 5,518 million. The top driving force of the industry is the growth of the construction sector. The construction industry is expanding rapidly, particularly in...0 Comments 0 Shares 59 Views
More Stories