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According to a latest report by FMI, the global potassium chloride market is expected to reach a valuation of US$ 16.5 Bn by 2030. Potassium chloride is used in various applications such as fertilizers in agriculture, deicing, water softening, and industrial applications. It is an important source of potassium nutrient in plants and animals. Increasing …
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Surge in offsite construction activities to reduce material wastage and achieve cost efficiency continues to primarily drive the demand for precast concrete. The global precast concrete market will grow at 5.3% CAGR during the forecast period (2020-2030), as projected by a new Future Market Insights (FMI) study. Infrastructure development in emerging countries such as India, Indonesia, China, …
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The global magnesium carbonate minerals market was valued at US$ 208 Mn in 2020, and is projected to expand at a CAGR of 5% over the forecast period (2020-2030). Magnesium carbonate minerals are witnessing an upsurge in demand, owing to their application in multiple end-use sectors such as pharmaceuticals & personal care and construction. Magnesium …
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Thionyl chloride is used in various end-use industries such as agrochemicals, pharmaceuticals, dyes & pigments, and organic synthesis. Rising adoption of pesticides in developing countries and developments in the pharmaceutical industry are expected to drive the growth of the thionyl chloride market over the forecast period. Heightening concerns related to water treatment are likely to further fuel …
Continue reading “Thionyl Chloride Market to reach a valuation of US$ 688 Mn by 2030”
Rising prevalence of antimicrobial and antiviral cleaning solutions coupled with adoption of advanced technologies in car care products are projected to shape the growth of antimicrobial car care products market. A new Future Market Insights (FMI) study suggests that the global antimicrobial car care market is set to expand at a robust CAGR of 7.5% during the forecast …
The global colloidal silica market was valued at US$ 233 Mn in 2020, and is projected to expand at a CAGR of 4% over the forecast period (2020-2030). Colloidal silica is finding immense use in the electronics & semiconductor industry, wherein, it plays a critical role in the production of ultra-flat, uniform, and low detection surfaces for semiconductors. Moreover, colloidal …
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Global chlorine disinfectant market revenues are poised to reach at over US$ 4 Bn by the end of forecast period, 2020 – 2030. Heightening concerns regarding the novel coronavirus (COVID-19) pandemic are triggering the need to maintain hygiene in healthcare and residential facilities. In line with this, global sales of chlorine disinfectant are set to soar promisingly …
Global glacial acetic acid market is poised for strong growth at approximately 6.5% CAGR during the projection period (2019-2029). Multifaceted applications such as vinegar, paints, pharmaceuticals, inks, and in food & beverages industry are propelling the growth of glacial acetic acid market. Food preservation segment in particular is the growth engine of the market, says a recent …
The US$ 121 Bn global sweeteners market is projected to grow moderately at 3.2% CAGR through 2027. Consumer awareness about the potential health impact of sweeteners is driving the shift toward sugar-free products. Sucrose remains the preferred product type, accounting for nearly 66% revenue share of the market currently. In terms of revenues, the global sucrose market …
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Rapid consumer shift to high-health-quo food products has been identified to be the key factor affecting the performance of global food grade phosphates market over the next decade. In addition to escalating consumer preference for naturally-sourced food ingredients, increasing demand for minimal content of chemical components in processed food products will continue to curb the demand for …
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