The chemistry 4.0 market is anticipated to grow from 70.82 billion USD in 2023 to 178.73 billion USD in 2033, with a projected CAGR of 9.7% over the forecast period. The primary drivers of chemistry 4.0 market growths are the manufacturing sector’s rapid adoption of artificial intelligence (AI) and the Internet of Things (IoT), as well as …
Monthly Archives: April 2023
Key Players in the Acid Chlorides Market: Altivia, BASF, Novaphene, CABB Chemicals, and Orion Chem Pvt. Ltd.
According to Future Market Insights, the Global Acid Chlorides Market is expected to grow from US$ 2,430.9 Million in 2022 to US$ 3,903 Million by 2032, with overall demand accelerating at 4.9% CAGR throughout the forecast period (2022 to 2032). The rising application of acid chlorides in pharmaceuticals, chemical reagents, plastic & pigments, organic peroxides, and agrochemicals …
Understanding the Growing Above the Waist PPE Market: How the Construction Industry is Driving Growth
A recently published study by FMI expects the global above the waist PPE market to augment at a 5.9% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 50 Billion is expected for the market. Increasing worker safety awareness on the workshop floor is predicted to drive up demand …
India Retail Mineral Turpentine Oil Market is Expected to Reach a Valuation of US$ 113.2 Million by 2032
The India retail mineral turpentine oil (MTO) market is projected to reach a valuation of US$ 45.8 Million by the end of 2022. Sales of retail mineral turpentine oil in the country are expected to witness a steady growth rate at a CAGR of 9.5% during the evaluation period from 2022 to 2032. It is expected to …
Rising Demand for Staple Acrylic Fibre Market in the Textile Industry Totaling a Valuation of US$ 4,230.9 Million by 2032
The global Staple Acrylic Fiber Market is expected to grow from US$ 2,964.4 Million in 2022 to US$ 4,230.9 Million by 2032. FMI predicts the overall staple acrylic sales to rise at 3.6% CAGR owing to consistent demand from the textile industry, which is a major consumer of acrylic fibers and consumes more than 50% of the …
Exploring the Growth of the Nylon-6 Market is expected to Reach US$ 26.04 Billion in 2032: Trends and Forecasts
The global nylon-6 market is expected to exhibit a stable CAGR of 5.9% over the projection period from 2022 to 2032. The global market is expected to secure around US$ 26,040.9 Million in 2032 and is likely to hold a valuation of around US$ 14,679 Million in 2022. The growth in the market is attributed to the surging concern about the …
Growing Demand for Purified Terephthalic Acid Market in the Textile Industry Size Worth US$ 99.49 Billion by 2032
In 2022, the global purified terephthalic acid (PTA) market is anticipated to be worth US$ 58,248.1 million. Polyester fibers’ rising use due to their ability to blend with various natural and synthetic fibers is expected to drive demand during the projection period. Purified terephthalic acid (PTA) consumption is expected to expand at a 5.5% CAGR between 2022 …
Role of Polytetrahydrofuran Market in the Manufacturing of Adhesives, Coatings, and Elastomers to Grow at a CAGR of 6.1% by 2032
According to the most recent market research published by Future Market Insights, the global Polytetrahydrofuran (Poly THF) Market is valued at US$ 5,524.8 Million in 2022 and is expected to grow at a CAGR of 6.1% between 2022 and 2032. Polytetrahydrofuran (poly THF), also known as poly tetramethylene ether glycol or poly tetramethylene oxide, is produced through …
Cold Disposable Biopsy Forceps Market is expected to enjoy a valuation of US$ 634.6 Million by 2023, at a CAGR of 8.2% from 2023 to 2033
According to a recent study by Future Market Insights (FMI), the cold disposable biopsy forceps market is expected to witness high growth during the forecast period. The market value is slated to increase from US$ 505.1 Mn in 2020 to over US$ 1.2 Bn by 2031 at 8.4% CAGR over the forecast period (2021-2031). The cold disposable …
Sales of nasal antihistamines in Japan and South Korea are projected to grow at 5.3% and 3.8% CAGR respectively through 2031.
According to a recent study by Future Market Insights (FMI), the nasal antihistamines market is expected to witness steady growth during the forecast period. The market valuation is expected to increase from US$ 1.89 Bn in 2020 to over US$ 3.08 Bn by 2031. This reflects a cumulative CAGR of around 3.1% over the forecast period (2021-2031). …