The global boric acid market is expected to grow from US$840.7 million in 2022 to US$1,409 million in 2022 Year 2032 will grow at a CAGR of 5.3% over the forecast period. Increasing demand for electricity, increased awareness of energy saving techniques and the rapid pace of urbanization are driving the demand for boric acid. In addition, increasing investment in the glassmaking, cosmetics and construction industries in will be driven by the growing population and purchasing power of emerging economies. Boric …
Monthly Archives: November 2022
Cold Insulation Market Worth US$ 14,894.8 Million by 2022-2032 – Exclusive Report by FMI
The Global Cold Insulation Market is expected to be valued at $6,835.6 million in 2022, forecasts annual growth of 8.1% worth $14,894.8 million from 2022 to 2032 . The growth is attributed to increased demand in the oil and gas industry. Between 2016 and 2021, the thermal insulation market recorded a CAGR of 5.6%. A technology implemented …
Fire Rated Ducts Market 2022-2032 Research Covers,by Future Market Insights, Inc.
According to latest research by Future Market Insights, Fire Rated Ducts market will grow at a moderate rate during 2021-2031. Demand for Fire Rated Ducts will witness steady recovery in short-term, with optimistic growth outlook in the long-run. Rise in demand for fire safety in factories, residences and commercial buildings to avoid fires will drive …
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Braze Alloys Market is Estimated to Register a Strong 4.3% CAGR Between 2022-2032 | Exclusive Report by FMI
The valuation of the Braze Alloys Market in 2022 is US$2,678.9 million. It is expected to grow at a CAGR of 4.3% during the forecast period, with the market expected to reach a valuation of US$4,081.3 million in 2032. Increasing adoption of recycling processes to promote sustainability, growth of the automotive sector and several other factors could increase …
Monochlorobenzene Market is Anticipated to Touch a Value of Nearly US$ 2,592.6 Million in the Year 2032
The global monochlorobenzene market is expected to reach a valuation of US$ 2,592.6 Mn by 2032, with the market expanding at a dormant CAGR of 3.3% from 2022 to 2032. Valued at US$ 1,813.98 Mn in 2021, the monochlorobenzene market will likely reach an estimated US$ 1,873.9 Mn in 2022. The escalating application of monochlorobenzene in different …
Magnetic Material Market is Estimated to Register a Strong 9.3% CAGR Between 2022-2032 | Exclusive Report by FMI
The Global Magnetic Materials Market is expected to reach a CAGR of 9.3 between 2022 and 2032. Magnets are now used in all areas of industry. The microphones we use for electric motors in cars are all derived from magnets. For example, MRI, now widely used in the medical industry, called Magnetic Resonance Imaging, uses powerful magnets combined with radio waves to diagnose a variety of conditions inside the body. In its latest report, ESOMAR-certified market research firm Future Market Insights …
Glass Fiber Reinforced Plastic (GFRP) Composites Market is Expected to Expand at a CAGR of 6.6% from 2022-2032
The market for glass fiber reinforced plastic composites market is growing continuously and is expected to grow at a moderate CAGR of 6.6% between 2022 and 2032. Glass fiber reinforced plastic is a lightweight and durable material made from very fine glass fibers . Compared to carbon fibers, glass fibers have low brittleness and the glass fibers used to manufacture them …
Thermic Fluid Market is Estimated to Register a Strong CAGR of 6.2% CAGR from 2022 – 2032
These fluids are used in applications where water or abrasives may not work well. It is used in various industries such as chemical industry, solar power plants, manufacturing processes, oil refining and many more. The thermic fluid market is anticipated to grow by a CAGR of more than 6.2% from 2022-2032. In its latest report, ESOMAR-certified market …
Ortho-Xylene Market is Expected to Expand at a CAGR of 4.2% from 2022 – 2032 | Exclusive Report by FMI
The structure of ortho-xylene market and its aggressive reaction with oxidants can cause fires and explosions. As a result, governments around the world have imposed severe restrictions on the use of ortho-xylene. This is expected to have a negative impact on the ortho-xylene market in the near future. In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on …
Cetanol Market to Receive Overwhelming Hike USD 651 Million in Revenues by 2032 | Future Market Insights
The cetanol market is expected to register a CAGR of 4.7% over the forecast period, with incremental growth of US$651 million over the forecast period. Sales of cetanol are expected to increase as cetanol is increasingly used in personal care and cosmetic products. In addition, the demand for cetanol is increasing due to the growing market share …