Fire retardant coatings have been formulated in numerous types depending on base composition and substrate type. According to composition, fire retardant coatings are generally boron-based and phosphorus-based fire retardant coatings. During the projected period, the fire retardant coatings market size is expected to grow at a CAGR of 6%, reaching a market share of US$ 9.17 …
Monthly Archives: March 2024
Cheers to Growth: Food Grade Alcohol Market Projected to Reach US$ 6.16 Billion by 2033
According to Future Market Insights (FMI), the global food-grade alcohol market is expected to be worth US$ 4.16 billion in 2023 and US$ 6.16 billion by 2033, expanding at a CAGR of 4.0% during the forecast period. Demand for food-grade alcohol may increase as demand for spirits and beers rises in various regions. Growth in the food processing sector and greater …
Rising Demand for Sustainable Beauty Products to Propel Cholesteryl Isostearate Market to US$ 40.97 billion Valuation by 2032
Valued at US$ 17.57 Billion in 2021, the target market is driven by the growing consumption of personal care and grooming products. The escalating demand for cosmetics and beauty items will likely propel the growth of the cholesteryl isostearate market during the forecast period. The global cholesteryl isostearate industry is predicted to reach a valuation of US$ 40.97 …
Rapidly Growing Healthcare Sector Propels Demand for Medical Plastics, Projected to Reach US$ 32,293.4 Million by 2033
The medical plastics market is expected to showcase a 7.0% CAGR in the assessment period from 2023 to 2033. It is likely to cross US$ 16,462.6 million in 2023 and top a valuation of US$ 32,293.4 million by the end of 2033. The need for medical plastics is expected to increase as a result of medical technology and innovation advancements. Medical equipment that …
Rising Consumer Demand and Environmental Concerns Propel Textile Colors Market Towards US$ 11.1 Billion Milestone: Future Market Insights Forecasts Accelerated Growth with Direct Dye Segment Leading Charge
According to Future Market Insights, a market research and competitive intelligence provider, Global consumption of Textile Colors experienced significant growth over a five- to six-percentage-point increase in the last five years. The global Textile Colors market was valued at US$ 5.8 Billion in 2021 and is expected to reach a valuation of US$ 11.1 Billion by …
Global Non-Corrugated Boxes Market Projected to Reach US$ 114.0 Billion by 2032, Future Market Insights Reports Steady Growth
The global non-corrugated boxes market is poised for significant expansion, with Future Market Insights forecasting a valuation of US$ 56.9 billion in 2022, set to soar at a Compound Annual Growth Rate (CAGR) of 7.2% to reach US$ 114.0 billion by 2032. The sales of non-corrugated boxes are anticipated to witness a notable surge, with …
Security Envelopes Market to Reach US$ 2.49 Billion by 2032: Future Market Insights Forecasts Continued Growth
The global security envelopes market is poised for substantial growth, with projections indicating a value of US$ 1.8 billion by the end of 2022. According to Future Market Insights, demand for security envelopes is expected to surge at a value Compound Annual Growth Rate (CAGR) of 3.3% from 2022 to 2032, reaching a valuation of …
Co-Extruded Films Market Poised for Growth, Projected to Reach US$ 11.85 Billion by 2032
The global co-extruded films market is set to witness robust growth, with projections indicating an average Compound Annual Growth Rate (CAGR) of 5% during the forecast period. According to market analysis, the co-extruded films market size is anticipated to reach US$ 7.27 billion in 2022 and is expected to surpass US$ 11.85 billion by 2032. …
Sustainability Focus Spurs Growth in German Industrial Pails & Drums Market: Globally Reach US$ 32.3 billion by the year 2032
The global industrial pails & drums market is experiencing a substantial upswing, with projections indicating a valuation of US$ 32.3 billion by 2032, up from US$ 20.3 billion in 2022. Among the key drivers of this expansion is the burgeoning demand in Germany, anticipated to account for approximately 21% of the European market value by …
Navigating Growth: Krill Oil Market to Reach US$ 2.7 Billion by 2033 with a 10.5% CAGR
The krill oil market valuation is US$ 997.4 Million in 2023 and is rising to US$ 2.7 Billion by 2033. Sales of krill oil are anticipated to grow at a CAGR of 10.5% during the forecast period. In the food sector, krill oil is gaining appeal as a way to deliver healthful gourmet ingredients while also enhancing food quality. Consumers are more …