The global 2 loop FIBC bags market is anticipated to reach a valuation of US$ 2.68 billion in 2023, driven by rise in bulk material transportation. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 3.0% between 2023 and 2033, and reaching a total valuation of US$ …
Monthly Archives: September 2023
Precipitation Hardening Market Is Expected to Reach US$ 6 Billion by 2033 at an 8.3% CAGR
The global precipitation hardening market is projected to attain a valuation of US$ 2.7 billion in 2023 and is expected to reach US$ 6 billion by 2033, trailing a CAGR of 8.3% during the forecast period. The utilization of precipitation hardening as an ideal process for producing robust and high-performance automotive components positions it for …
Anti-corrosion Bags Market Value Projected to Grow at US$ 29.3 Billion by 2033
In 2023, the global anti-corrosion bags market is anticipated to reach a valuation of approximately US$ 14.7 billion, driven by supply chain optimization efforts. Forecasts suggest a robust compound annual growth rate (CAGR) of 7.1% from 2023 to 2033, potentially leading to a market size of around US$ 29.3 billion by 2033. Anti-corrosion bags, also …
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Plastic Market Targets US$ 1050 Billion by 2033 with 4% CAGR Growth
The global plastic market is expected to attain a valuation of US$ 712 billion in 2023 and is projected to reach US$ 1050 billion by 2033, expanding at a CAGR of 4% during the forecast period. The demand for plastic is surging across diverse industries, including food & beverage, consumer goods, automotive, and electrical & …
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Ready-Mix Concrete Market on Path to Reach US$ 1488.74 Billion by 2033 with a 7.9% CAGR
The global ready-mix concrete market is expected to accumulate over US$ 696.2 billion in 2023 and is projected to reach US$ 1488.74 billion by 2033, trailing a CAGR of 7.9% during the forecast period. The growing need for rapid construction across residential, commercial, industrial, and infrastructure sectors is projected to fuel the ready-mix concrete (RMC) …
Construction Boom in China and India Drives Surge in Global Calcium Silicate Market Demand
Calcium silicate is a versatile, inorganic compound used in various industries. Composed of calcium, silicon, and oxygen, it exhibits exceptional thermal stability and fire resistance. This makes it an ideal material for high-temperature insulation, fireproofing, and as a structural component in construction. Calcium silicate boards and pipes are popular choices for their durability and resistance …
Rapid Urbanization and Industrialization Fueling Growth in Sulfonated Melamine Formaldehyde Market
Sulfonated Melamine Formaldehyde is a high-performance, water-soluble polymer widely used in industries like construction and textiles. It serves as a superplasticizer and dispersant in concrete, enhancing its workability and strength. In textiles, it functions as a dye and pigment dispersant, improving color fastness and quality. This versatile compound’s unique chemical properties make it a valuable …
Rising Demand for Coupling Agents in Polypropylene Applications: Unlocking New Opportunities
A coupling agent, also known as a compatibilizer, plays a pivotal role in enhancing the performance of polypropylene (PP) in composite materials. By promoting adhesion between the typically incompatible PP and other materials, such as fillers or reinforcements, coupling agents improve mechanical properties, stability, and overall quality. They achieve this by creating chemical bonds or …
Polymeric Optical Fiber Market Soars as Demand Surges Across Multiple Industries
Polymeric Optical Fiber (POF) is a type of optical fiber made from plastic materials, typically PMMA (polymethyl methacrylate). Unlike traditional glass optical fibers, POFs are more flexible and easy to handle, making them ideal for short-distance data transmission in applications like home networks and automotive communication systems. POF offers high bandwidth, immunity to electromagnetic interference, …
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Global Atypical Antipsychotic Market Thrives Amidst Rising Cases of Mental Disorders
Atypical antipsychotics, a class of psychiatric medications, are used to treat mental disorders such as schizophrenia, bipolar disorder, and major depressive disorder. Unlike older typical antipsychotics, atypical ones are known for their reduced risk of extrapyramidal side effects, which can include muscle stiffness and tremors. They work by targeting serotonin and dopamine receptors in the …