The global market for automated material handling systems is anticipated to grow at a CAGR of 9.2% over the course of the forecast period, according to the most recent study by FMI. The market is anticipated to be worth US$ 34 billion in 2023. The value is expected to hit US$ 81.8 billion by 2033. growing …
Monthly Archives: August 2023
Global 2-Ethyl Anthraquinone Market Demand Projected to Reach US$ 8.8 Billion by 2032, Growing at a CAGR of 5.2%
2-Ethyl Anthraquinone (2-EAQ) is a key intermediate chemical widely used in the production of hydrogen peroxide, which is used in various industrial and consumer applications. 2-EAQ is a yellow crystalline solid with a chemical formula C16H12O2 and is primarily obtained through the oxidation of anthracene. Due to its essential role in the hydrogen peroxide manufacturing …
Refrigeration Coolers Market Comprehensive Research Study and Strong Growth in Future 2033
Though the refrigeration coolers market growth was disrupted to a certain extent by COVID-19 in the last couple of years, the manufacturing sector is expected to pick up the pace gradually in the coming months. The refrigeration coolers market is predicted to move forward at a moderate pace with a CAGR of 5.6% from 2023 to 2033, following the refrigeration …
Spray Foam Insulation Market to Reach US$ 3,560 Million by 2032, Growing at a CAGR of 6.5%
In recent years, there has been a growing global awareness of the need for sustainable and energy-efficient solutions in various industries. The construction and building sector is no exception, with a strong focus on developing innovative materials that can reduce energy consumption, enhance indoor comfort, and minimize environmental impact. Spray foam insulation has emerged as …
Silicone Adhesives and Sealants Market to Reach US$ 12 Billion by 2032, with a Projected CAGR of 6.5%
The silicone adhesives and sealants market is a thriving sector within the global chemical industry. Silicone adhesives and sealants are versatile materials widely used in various applications due to their excellent properties and performance characteristics. These materials are known for their strong bonding capabilities, flexibility, temperature resistance, and durability, making them highly sought after in …
Global Polymer Emulsion Market to Reach US$ 43,147.5 Million by 2032 with a CAGR of 6.1%
The global Polymer Emulsion Market is anticipated to create lucrative growth opportunities over the forecast period by exhibiting a CAGR of 6.1% from 2022 to 2032. The global market reached a valuation of US$ 23,867.2 Million in 2022 and is anticipated to top a valuation of US$ 43,147.5 Million by the end of the forecast …
Polyethylene Terephthalate Market Set to Reach Nearly US$ 40 Billion by 2032, Flourishing at a CAGR of 3.4%
The global Polyethylene Terephthalate Market is anticipated to grow at a stable CAGR of 3.4% over the projection period from 2022 to 2032. The global market is predicted to forecasted to reach US$ 28.6 Billion in 2022, up from US$ 27.1 Billion in 2021. Furthermore, the industry is poised to reach nearly US$ 40 Billion …
Global Oxalic Acid Market to Surpass US$ 1.55 Billion by 2033 with 4.9% CAGR Growth: Forecast 2023 to 2033
The global Oxalic Acid Market is expected to attain a valuation of US$ 960 million in 2023 and is anticipated to reach US$ 1550 million by 2033, trailing a CAGR of 4.9% during the forecast period. Oxalic acid plays a crucial role in various biological processes, impacting seed germination, calcium storage and regulation, iron balance, …
Rising Demand for Organic Synthesis in Medicinal and Agrochemical Industries to Propel Nitromethane Market Growth at a 5% CAGR, Reaching US$ 12.57 Billion by 2032
Nitromethane is a versatile and widely used chemical compound with the molecular formula CH3NO2. It is an organic compound that falls under the category of nitro compounds and is considered a key building block in various industrial applications. Nitromethane is a colorless, oily liquid with a distinct odor and is highly reactive. Its unique properties …
Textile Staples Market Expected to Reach US$ 275,489.9 Million by 2032 with 5.5% CAGR Growth
The global Textile Staples Market is expected to witness lucrative growth opportunities over the projection period from 2022 to 2032 with sales projected to surge at a CAGR of 5.5%. The global market is valued at US$ 1,61,280.2 Million in 2022 and is anticipated to reach US$ 2,75,489.9 Million by 2032. The growth in the …