According to a recently published industry study report by Future Market Insights, sales of global vitrectomy devices industry demand is projected to reach US$ 1.3 billion worldwide in 2022. The market is anticipated to grow at a CAGR of 7.3% from 2022 to 2032, reaching a worth of US$ 2.6 billion. The greatest revenue-generating kind …
Monthly Archives: January 2024
Navigating Innovation: Insights into the Dynamic Plunger Stopper Market
The global Plunger Stopper Market is expected to grow from US$ 128.1 Mn in 2022 to US$ 223.2 Mn by 2032, with overall sales rising at 5.7% CAGR throughout the forecast period. A plunger stopper typically refers to a device or mechanism designed to control the flow or passage of fluids, often used in various applications such as laboratory equipment, …
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Revolutionizing Global Energy Markets: Hydrodesulfurization Catalysts Forecasted to Drive a $4.71 Billion Surge by 2032
Hydrodesulfurization is also known as hydrotreating and is a chemical process which requires the presence of a catalyst. The market for global hydrodesulfurization catalysts is projected to be US$ 2.89 billion in 2022 and to increase at a CAGR of 5% to US$ 4.71 billion from 2022 to 2032. Hydrodesulfurization is a chemical process which is used …
Global Piroctone Olamine Market Faces Challenges Despite Surging Demand: High Costs and Cheaper Alternatives Impacting Growth Prospects
The global piroctone olamine market is estimated to reach US$ 73 Million in 2022. With sales growing at a 6.5% CAGR over the forecast period, the market size is projected to reach US$ 137.1 Million by 2032. According to a study, almost 50% of the adult population across the globe is suffering from dandruff problems. Despite the wide applications of piroctone …
Valeryl Chloride Market Poised for Remarkable Growth, Projected to Reach US$ 898 Million by 2032, Driven by Surging Demand in Electronics and Pharmaceuticals Sectors
The global valeryl chloride market size stood at US$ 551.25 Million in the year 2022 and is expected to reach US$ 898 Million by the year 2032 at a CAGR of 5% between 2022 and 2032. Coming to the electronics vertical, valeryl chloride is used in semiconductors and LCDs (liquid crystal displays). Coming back to the pharmaceuticals …
Rising Demand Ignites Tallow Amine Market Momentum: Reaching US$ 13.77 Billion in 2032, the Market Sees Robust Expansion Fueled by Versatile Applications Across Industries
Tallow amines represent the wide range of non-ionic surfactants derived from animal fats i.e. tallow. Tallow is a hard fat is comprised of glyceryl esters of oleic, palmitic, and stearic acids. Tallow amines are hydrophilic surfactants with a weak ammonia smell. Tallow amines are immiscible in water, and are easily dissolved in alcohols, chloroforms, benzene, and ethers. …
Global Magnetic Materials Market Set to Surpass US$ 40,286 million by 2033, Fueled by High Demand from Petroleum and Electronics Industries
Sales of magnetic materials are anticipated to increase due to rising demand from the electronics and petroleum industries. Businesses can save money by using this technology to eliminate waste and optimize energy use. By 2033, the Magnetic Materials Market is anticipated to be worth more than US$ 40,286 Million. During the evaluation period from 2023 …
Chloromethane Market Set to Soar: Projected to Achieve a Staggering US$ 8.8 Billion Valuation by 2032 Driven by Surging Demand in Automotive and Construction Industries
Heightened demand for silicone elastomers across different industrial verticals, particularly from the automotive and construction industries, is expected to facilitate the growth of the chloromethane market during the forecast period. The global chloromethane market size is expected to reach a valuation of US$ 8.8 Billion by 2032, with the demand growing at a standard CAGR …
Fine Chemicals Market Poised for Remarkable Growth, Projected to Reach US$ 340,084.3 million by 2033, Fueled by Surge in Demand for Medicines and Agrochemical Innovations
According to research conducted by Future Market Insights (FMI) on the global fine chemicals industry, demand is set to reach a valuation of US$ 340,084.3 million by the end of 2033. Production of medicines and agrochemical products has been the prominent factor responsible for growth in the fine chemicals market. The size of the global …
Exploring the Dynamic Landscape of Abrasives Market Amidst Metal Fabrication Surge and Global Industrialization Drive
The abrasives market includes a broad range of materials that are used extensively in different industry verticals such as transportation, metal fabrication, machinery, and electronic equipment. The typical application of abrasive material involves grinding wheels, cutting wheels, tool sharpening, tumbling media, and metal cleaning. The abrasive market, thus, observes heightened demand from the automotive, manufacturing, …