The global paraffin market is estimated to secure a market value of US$ 9.4 Billion by 2032 while expanding at a CAGR of 4.4%. The market valued US$ 5.9 Billion in 2021. The industry is anticipated to garner US$ 5.9 Billion in 2021. The growth of the market can be attributed to the expansion of key end …
Monthly Archives: August 2022
Ammonium Carbonate Market | Key Players, SWOT Analysis, Key Indicators, Forecast To 2032
Ammonium carbonate (E503) is salt and is also known as hartshorn and baker’s ammonia. It is a leaving agent that is used for baked goods, such as cookies, lekuchen, flat biscuits, and crackers. These are not used in cakes since ammonium carbonate imparts bad smell. It doesn’t leave any salty or soapy taste. Ammonium carbonate is …
Laminating Adhesives Market | Development Status, Competition Analysis, Type and Application to 2027
The global laminating adhesives market is estimated to top US$ 4.33 Bn by the end of 2027 in comparison to the US$ 3.10 Bn registered in 2021. Shifting approach toward low volatile organic compounds (VOCs) & environmentally sustainable adhesives continue to drive global laminating adhesive market. Growth in disposable products is another factor enabling broader consumption of laminating …
Emission Control Catalyst for Marine Market | Outlook, Current and Future Industry Landscape Analysis by 2031
The global emission control catalyst for marine market is anticipated to expand at a steady 5.5% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Growing marine fleet size, along with increasing demand for shipping transportation is expected to drive the market over the assessment period. Catalytic converters remove …
3D Printing Materials Market | Current and Future Trends, Leading Players, and Regional Forecast By 2031
The global 3D printing materials market is anticipated expand at an impressive 14.0% CAGR over the forecast period. Rapid adoption of technologically advanced manufacturing equipment across various sectors is driving sales of 3D printers worldwide, which is expected to boost the market in the forthcoming years. Raw materials such as plastics, ABS, PLA, metals & powders, carbon …
Lithium Mining Market | Recent Trends, Demand, Dynamic Innovation in Technology & Insights by 2031
As per a recent analysis by Future Market Insights (FMI), the global lithium mining market is projected to top US$ 3.3 Bn by 2031. Growing demand for lithium ion batteries from end-use industries including automotive, packaging and consumer electronics is expected to propel sales of lithium over the forecast period 2021-2031. Lithium is widely being adopted in the manufacturing …
Ammonium Thiosulfate Market | Size, Growth, Demand, Scope, Opportunities and Forecast to 2022-2031
Ammonium thiosulfate has witnessed a considerable increase in demand from diverse end use industries such as agrochemicals, pharmaceuticals, water treatment, agriculture and mining sector among others. Owing to the growing demand for crop production across the globe, demand for nitrogen & phosphate based fertilizers is anticipated to increase in the coming years. Rising need for more nutrients in the …
Sodium Lactate Market | Key Players, Applications, Outlook, SWOT Analysis and Forecasts By 2031
Sodium lactate find extensive applications in the food & beverage industry, pharmaceutical and cosmetic and personal care products owing to its superior properties and cost-effective nature. As per a new study by Future Market Insights (FMI), the demand for sodium lactate will increase by 8.8% between 2021 and 2031. Focus on reducing the cost of production to …
Sodium Hydroxide Market | Size, Top Key Players, Latest Trends, Regional Insights and Industry Dynamics By 2031
Increasing research and development (R&D) activities aimed at the development of new production technologies are expected to create growth opportunities for sodium hydroxide market, finds by Future Market Insights (FMI) in a recent research study. According to the report, the sodium hydroxide sales are anticipated to surge at a CAGR of 4.3%, reaching US$ 43.7 Bn …
Stainless Steel Market | Size, Share, Trends, Industry Analysis, and Forecast To 2031
Stainless steel market is anticipated to reach US$ 193.97 Bn by the end of 2031 owing to the increasing demand from various industries. As per a study by Future Market Insights (FMI), the growing demand for corrosion resistant material. With high tensile strength material in various sectors such as chemical industries, petrochemicals industries, food and beverage …