Growing preference for propyl acetate over ethyl acetate in several end-use industries, especially in the printing ink industry, is expected to boost its demand in the coming years. A clear, colorless liquid that has distinguishable acetate odor of pears, and is highly flammable, propyl acetate finds application across diverse industries due to its superior solvent and …
Monthly Archives: March 2022
Propanol Market to Witness Improved Sales of Pharma-and Electronic-grade Isopropanol, Projects FMI Report
Growing utilization of propanol as a direct solvent in paints and coatings, household & industrial cleaners, and others is expected to pave the way for its robust sales during the projected timeline. This is the main factor as to why the global propanol market is estimated at US$ 3,099.4 Mn in 2022, and is projected to experience …
Increasing Demand Of Soft Magnetic Composites In Electronics Industry Is Fueling The Growth Of The Market
Soft magnetic composites (SMCs) are used extensively in the automotive industry for their ferromagnetic properties. Majorly driven by this, global soft magnetic composites market is projected to exhibit a robust CAGR during the forecast period of 2022-2029, reaching a value of US$ 80 Bn in 2029. Correct SMC combination provides a technology that consumes less energy, …
Demand for Synthetic Quartz on Upswing with Expansion of Electronics & Semiconductor Industry; Quartz Crystal Gaining Traction
The global market value of synthetic quartz is nearly US$ 98 Mn, and the electronics industry accounts for more than 3/4th of total sales. As suggested by a new Future Market Insights (FMI) study, the global synthetic quartz market is set for notable growth during 2022 – 2029. The electronics industry solely relies on components …
Vapour Barrier Sales to Grow at 4.4% CAGR Through 2029, Polymers Remain Preferred Material: FMI Study
Sales of vapour barriers are projected to witness steady rise in the following years, prominently propelled by sustained consumption by the building & construction industry. As suggested by a new Future Market Insights (FMI) report, global vapour barrier market will exhibit a CAGR of around 4.4% during the forecast period of 2022-2029. Water condensation can …
Mono Propylene Glycol Market Revenues to Surpass US$ 5 Bn by 2029, Bio-based MPG Gaining Traction: FMI Study
Mono propylene glycol (MPG) continues to find application across diverse industries, on the back of its low toxicity and hygroscopic properties. A recent Future Market Insights (FMI) study suggests that the global mono propylene market value will reach US$ 5,159.5 Mn towards the end of 2029, witnessing a moderate CAGR during forecast period (2022 – 2029). Environmental sustainability …
Demand in the Oil & Gas Pipeline Coatings Market is projected to grow at a value of 5.6% CAGR between 2022 and 2029
Witnessing robust expansion over 2022 – 2029, the global market for oil & gas pipeline coatings will reach the revenues worth US$ 6,958.0 Mn towards 2029 end. Growing offshore exploration and production activities, stabilizing crude oil prices, rise in cross-country pipeline projects and rehabilitation of existing pipelines are some of the key factors that would majorly …
Ceramic and Plastic Mass Finishing Consumables to Account for 70% of Overall Consumption, Finds FMI
Sales of mass finishing consumables are primarily driven by the increasing demand for surface finishing from various end-use industries such as automotive, aerospace, and general and industrial engineering. As indicated in a new Future Market Insights (FMI) study, the global mass finishing consumables market is estimated to be valued at US$ 206.8 Mn by the end …
Demand for Viscosity Index Improvers to be Sustained by High-quality Engine Oil Sales, Reports FMI
Increasing demand for high-performance lubricants with optimum viscosity has been a vital factor pushing consumption of viscosity index improvers. Although the global market for viscosity index improvers has been projected to US$ 4,699.3 Mn mark by 2029 end, the overall growth outlook would remain sluggish. Consistently soaring consumption of vehicle lubricants such as engine oil, transmission fluids, and …
Vulcanization Accelerators Market | East Asia to Represent Significant Opportunities for Manufacturers
The latest study published by Future Market Insights (FMI) on the vulcanization accelerators market incorporates the global industry analysis for 2014 – 2021 and market opportunity assessment for the forecast period of 2022 – 2029. The market study divulges decisive insights and offers exhaustive market analysis for the historical as well as forecast period. As per …