The global alumina trihydrate market is projected to accelerate at a phenomenal CAGR of 7.7% throughout the forecast period from 2023 to 2033. The global market is likely to reach a valuation of US$ 5,324.6 million in 2023 and surpass a valuation of US$ 11,180.1 million in 2033. The market touched a valuation of US$ …
Monthly Archives: October 2023
Fluoropolymer Market Set to Reach US$ 18 Billion by 2033 with a 6% CAGR
The fluoropolymer market is predicted to be valued at US$ 10 billion in 2023 and US$ 18 billion by 2033. Over the projection period, sales in the fluoropolymer market are expected to increase at a CAGR of 6%. A significant opportunity lies in the growing demand for eco-friendly and sustainable materials. Fluoropolymers, known for their …
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Waste-Derived Pyrolysis Oil Market Soars, Predicted to Approach US$ 456.4 Million in a Decade, Reveals Future Market Insights
Waste-derived pyrolysis oil, a sustainable and innovative energy solution, is obtained through the pyrolysis process that converts organic waste materials into liquid fuel. This renewable resource shows great promise in reducing environmental impacts, mitigating waste accumulation, and promoting a circular economy. With its potential to replace fossil fuels, waste-derived pyrolysis oil offers a viable pathway …
Rising Demand for Mining Lubricants: FMI’s Projections Point to US$ 2,988.6 Million by 2030
Mining lubricants play a crucial role in ensuring the efficiency and longevity of heavy machinery used in mining operations. These specialized lubricants are formulated to withstand extreme conditions, such as high loads, temperatures, and contaminants. By reducing friction and wear, mining lubricants contribute to enhanced equipment performance, reduced downtime, and increased productivity. They are essential …
Rising Global Demand for 2-EthylHexyl Acetate in Paints & Coatings – FMI’s Projections at US$ 312.2 Million for 2032
2-EthylHexyl Acetate is a versatile chemical compound widely used in coatings, adhesives, and paint industries. With excellent solvency and low volatility, it acts as an efficient solvent and helps enhance product performance. Its unique properties make it ideal for various applications, including automotive coatings, inks, and lacquers. Additionally, 2-EthylHexyl Acetate’s eco-friendly nature and regulatory compliance …
Rising Demand for Propanol as a Direct Solvent Sparks Strong Sales Growth Worldwide
Propanol, also known as isopropanol or isopropyl alcohol, is a versatile chemical compound with a wide range of applications. It is commonly used as a solvent in various industries, including pharmaceuticals, cosmetics, and cleaning products. Propanol’s excellent solubility, disinfectant properties, and low toxicity make it an essential ingredient in hand sanitizers and disinfectants. Moreover, it …
Driving Efficiency and Miniaturization: The Power of Soft Magnetic Composites in Electronics
Soft Magnetic Composites (SMCs) are advanced materials used in electrical and electronic applications. Composed of insulated iron powder particles, they exhibit excellent magnetic properties with low core loss and high permeability. SMCs are crucial in the design of efficient and compact electromagnetic devices like transformers, inductors, and electric motors. Their unique ability to reduce electromagnetic …
Rising Demand for Energy Efficiency Drives Vapour Barrier Market Growth: Future Market Insights Report
A vapor barrier is a crucial component in construction and insulation systems. Typically made of plastic or foil materials, it’s installed to prevent moisture vapor from permeating through walls, floors, or roofs. By blocking moisture, it prevents issues like mold growth, structural damage, and energy loss. Vapor barriers are particularly essential in humid climates, where …
Residential and Commercial Sectors Fueling Demand: Air Barrier Market Shows Moderate Growth, According to FMI Research
An air barrier is a crucial component of building design and construction, intended to control the flow of air between the interior and exterior of a structure. It consists of materials and assemblies that prevent uncontrolled air leakage, helping to maintain a comfortable indoor environment, improve energy efficiency, and enhance overall building performance. Properly installed …
Rising Demand in Lubricants Industry Propels Viscosity Index Improvers Market Towards US$ 4,699.3 Million by 2029, Reveals FMI
Viscosity index improvers, also known as viscosity modifiers, are additives used in lubricating oils to stabilize viscosity across a range of temperatures. They enhance the oil’s ability to maintain consistent viscosity, ensuring efficient lubrication and protection for engines and machinery under varying operating conditions. The global business is anticipated to witness a considerable CAGR of 2.9% during …