New Product Development
As per Future Market Insights, the bentonite market is estimated to grow at a CAGR of 6.5%. In recent years, the Bentonite Market has grown significantly. Because of the rising use of bentonite in many industries around the world, this rise is projected to persist over the coming years, beginning in 2023 and ending in …
Continue reading “Bentonite Industry: Projected Growth with a 6.5% CAGR by 2033”
The global automotive plastics market was valued at US$ 64.8 billion in 2018 and reached US$ 65.6 billion in 2022. The market is anticipated to surge at a CAGR of 6.9% over the forecast period 2023 to 2033, reaching US$ 136.3 billion by 2033-end. Key Takeaways: The global market for automotive plastics is projected to witness a CAGR of 9% during 2023 to 2033. With …
The thermal insulation material market is expected to reach US$ 70.74 billion by 2023 with a 5.6% CAGR, Rising to US$ 122 billion by 2033: The power of effective building insulation with polyurethane foam, Mineral wool, and polystyrene foam. The market offers other products with similar physical and chemical characteristics. This parameter indicates the thermal …
The global coated fabrics market is anticipated to reach a valuation of US$ 45.3 billion in 2023, driven by rising eCommerce platforms and online retailing. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 5.0% between 2023 and 2033, and reaching a total valuation of approximately US$ …
Continue reading “Coated Fabrics Market Aims for US$ 73.8 Billion in 2033 with a 5.0% CAGR”
The two-wheeler lubricants market is expected to increase from US$ 17,697.3 million in 2023 to US$ 24,723.7 million in 2033. Synthetic oil is the Favored Choice To manufacture all types of lubricants, crude oil, tight oil, and other additives are required. Lubricants contain a variety of additives that improve their functionality and characteristics. Among these …
Colloidal silica is finding immense use in the electronics & semiconductor industry, wherein, it plays a critical role in the production of ultra-flat, uniform, and low-detection surfaces for semiconductors. Moreover, colloidal silica is used as a rough surface remover and as a polishing additive. It is extensively used for electropolishing to remove microscopic layers of metal particles from …
The global sulphur hexafluoride market is projected to amass a revenue of US$ 487.93 million by 2033 as opposed to US$ 288.37 million in 2023. The market is set to expand at a CAGR of 5.4% from 2023 to 2033. Escalating demand for electronic devices and electricity, as well as the increasing adoption of sulphur hexafluoride in …
The growth is primarily fueled by the sodium silicate’s eco-friendly and non-toxic nature, which makes it ideal for numerous industrial applications such as detergents, adhesives, and coating, and deflocculated, among the wide range of industrial applications. The global sodium silicate market is set to grow at a steady CAGR of 3% during the forecast period (2019 – …
Increasing use of transportation fuel is likely to have a direct impact on the demand for refinery catalyst, according to a recent report published by Future Market Insights (FMI). Catalytic processes are imperative for the production of transportation fuels such as gasoline, diesel, jet fuel and others from petroleum. Evolving composition of transportation fuel composition …
The ammonium phosphate market in Europe and North America is projected to witness relatively moderate growth during the forecast period. Stringent regulatory norms regarding the use of inorganic fertilizers are hindering the growth of the ammonium phosphate market in the region. The primary focus of manufacturers in these two regions is on the use of organic fertilizers. …
