The COVID-19 induced subdued momentum, especially in construction and automotive sectors, is likely to hurt the interests of polypropylene market stakeholders in the short run, opines a new study by Future Market Insights (FMI) Revising its market forecast to negative 2.1% (volume) for 2020, the ESOMAR-certified market research and consulting firm remains bullish on the long-term prospects …
Monthly Archives: March 2022
Direct Reduced Iron Market is anticipated to reach US$ 16,789.0 Mn by 2030
Direct reduced iron (DRI) has recently emerged as a quality supplement, in place of scrap steel, among steel making companies. Increasing steel production capacities, heightened awareness about CO₂ emission control among steel producers, and accelerating demand for high-quality steel from end users continue to drive DRI consumption in global market. According to a recent report published …
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Sodium Chloride Market is projected to reach a value of US$ 61.71 Bn by 2031
The sodium chloride market is projected to showcase a moderate growth rate of 4.2% CAGR over the forecast period of 2021 – 2031 as per the analysis by Future Market Insights (FMI). The market will be driven by rising demand from various industries including chemicals, food and beverages, oil and gas, industrial, deicing, and water-treatment. Globally, the …
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Steel is the Most Popular Material Type in the Global Industrial Pails Market
Pails are a type of cylindrical containers that are usually made up of plastic or metal and are used in the storage of liquid or semi-liquid industrial products. There are various factors that are contributing to the expansion of global industrial pails market. A major factor is the rapid growth of the chemical and pharmaceutical industries. …
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Barite Market is projected to grow at a moderate CAGR of 4.0% between 2022 and 2030
Drilling mud applications are expected to account for substantial revenues amongst all applications, in the global barite market. Untapped opportunities in the medical industry are also generating incremental opportunities for manufacturers. Barite would experience steady demand growth in paints and plastics industries, as it is widely utilized to control the viscosity and add brightness to end …
Potassium Chloride Market is projected to total 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 food demand in tandem with the rising population is expected to drive the potassium chloride market. The need for better yield per unit area of …
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Precast Concrete Market is poised to expand at 5.40% CAGR, surpassing US$ 172.7 Bn by the end of 2030
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 5.4% CAGR during the forecast period (2022-2030), as projected by a new Future Market Insights (FMI) study. Infrastructure development in emerging countries such as India, Indonesia, China, …
Magnesium Carbonate Minerals Market is projected to reach US$ 1,029.0 Mn by the end of 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 carbonate minerals are used to produce raw materials that serve as refractory materials for steel, metallurgy, and ceramic industries. End users such as the chemical industry also use magnesium …
Thionyl Chloride Market is projected to witness a growth rate of 4.8% over the forecast period of 2022 and 2030
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 …
Transit Packaging Market expected to reach US$ 200,000 Mn & 5.5% CAGR through 2021-2026
A new research report of Future Market Insights has slated an above-average expansion for the global transit packaging market through the forecast period (2017-2026). Revenues from the market are poised to surpass US$ 200,000 Mn by 2026-end. Request a report sample to obtain authentic analysis and comprehensive market insights at @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6370 Ecommerce Fulfillment Hubs Aggressive in Development …