New Product Development
The biocides market is anticipated to thrive at an average CAGR of 3.4% between 2023 and 2033. The market is anticipated to surpass US$ 12.5 billion by 2033, while it holds a revenue of US$ 8.9 billion in 2023. A wider range of applications as a preservative and germ-controlling agent is propelling the growth of the biocides market. Furthermore, advanced …
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The global North America organic fertilizers market is expected to exceed a valuation of US$ 3.17 Billion by 2031, with sales growing at a positive CAGR of 6.3% from 2021 to 2031. The target market reached a value of US$ 1.63 Billion in 2021. An upsurge in the adoption of various organic farming methods in …
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The sodium chloride market is valued at US$ 44.4 Bn in 2023 and is anticipated to value at US$ 67.4 Bn by 2033. The Sales of sodium chloride are likely to grow at a CAGR of 4.4% during the forecast period. There is a growing demand for sodium chloride in the chemical sector to develop …
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The precast concrete market is projected to have a moderate-paced CAGR of 5.7% during the forecast period. The current anticipated valuation of the precast concrete market is US$ 134 billion in 2023. The value of the precast concrete market is forecasted to reach a high of US$ 234 billion, by the year 2033. Market participants …
According to a latest report by FMI, the global thionyl chloride market is expected to reach a valuation of US$ 688 Million by 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 …
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The blow-fill-seal equipment market is projected to grow at a compound annual growth rate (CAGR) of 5.9% during the forecast period of 2022 to 2028. The market growth is driven by the rapid expansion and progress of the packaging industry, along with increasing applications in various end-use industries. The demand for blow-fill-seal equipment, which is …
The palletizers market is expected to demonstrate strong growth over the assessment period, with a projected compound annual growth rate (CAGR) of 4.7%. By 2022, the market is estimated to reach USD 2.6 billion. Palletizers are efficient material handling solutions, and they are anticipated to be the primary driver of market growth from 2022 to …
The returnable plastic crates market is expected to witness substantial growth in the coming years. Currently valued at USD 1.6 billion in 2022, the market is projected to reach USD 2.4 billion by 2029, representing a compound annual growth rate (CAGR) of 5.6% from 2022 to 2029. Returnable plastic crates offer several advantages over traditional …
The global water soluble pods packaging market is expected to experience significant growth in the coming years. In 2022, sales in the market are projected to reach US$ 244.6 million, and by 2028, the market size is estimated to reach US$ 621.6 million, growing at a healthy compound annual growth rate (CAGR) of 16.4%. One …
The industrial pails market is expected to experience steady growth over the forecast period, driven by various factors. The market is projected to grow at an average compound annual growth rate (CAGR) of 4.6% from 2022 to 2032, reaching a value of US$ 12.1 billion by the end of that year. One of the key …
