According to Future Market Insights’ latest industry analysis, the global market size for polyvinyl butyrals is estimated to be around US$ 4.30 billion in 2024. It is projected to exhibit a CAGR growth of 6.90% over the forecast period, with an estimated market size of US$ 8.40 billion in 2034. The significance of polyvinyl butyral (PVB) has substantially increased in various industries in …
Monthly Archives: March 2024
Global Polyphenylene Industry Set to Soar to US$ 10.5 billion by 2034 with a Robust CAGR of 9.6%
According to Future Market Insights, the global polyphenylene industry size is expected to expand from US$ 4.2 billion in 2024 to US$ 10.5 billion by 2034 at a promising CAGR of 9.6%. The demand for high-performance polymers that are also environmentally friendly is on the rise. Polyphenylene is gaining popularity due to its exceptional resilience to harsh conditions, making it an ideal …
Lithium Compound Industry Set to Skyrocket to US$ 81.5 Billion by 2034, Fueled by Demand Surge in Battery, Glass, and Pharmaceutical Industries
Li-ion or lithium batteries are one of the most prominent sources of value for the lithium compound market. With batteries in various fields, including cars and aircraft, their sale is propping up the lithium compound market. Greases and lubricants, other essentials in the automobile industries, are also helping the market’s growth. The lithium compound industry is slated …
Impact Resistant Glass Industry Set to US$ 7.8 Billion by 2034, Surging at 8.6% CAGR Amidst Growing Safety Concerns Across Residential, Commercial, and Automotive Sectors
The global impact resistant glass industry is anticipated to reach a valuation of US$ 3.4 billion in 2024, driven by customization and personalization trends. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 8.6% between 2024 and 2034, and reaching a total valuation of approximately US$ 7.8 …
Opaque Polymer Industry Set to Skyrocket, Surpassing US$ 8.7 Billion by 2034, Fueled by Surging Demand and Environmental Sustainability Drive
The opaque polymer industry size is estimated to garner a valuation of US$ 3.2 billion in 2024. The market is anticipated to reach US$ 8.7 billion by 2034. The sales of opaque polymers are likely to expand at a CAGR of 10.4% through 2034. The opaque polymer industry is driven by the rising demand from end-user …
Scratch-Resistant Glass Industry Soars to US$ 7 Billion by 2034, Fueled by Surging Demand for Advanced Device Protection
The scratch-resistant glass market is expected to be valued at US$ 2.8 billion in 2024. The market’s progress is projected to be invigorating from 2024 to 2034, with a CAGR of 9.7%, compared to 2.5% in 2023. By 2034, the market value is forecasted to reach US$ 7 billion. With the increasing popularity of advanced and expensive …
Water Treatment Chemical Industry Set to Reach US$ 58 Billion Valuation by 2034, But Sluggish Growth Forecast Poses Challenges
According to Future Market Insights, the water treatment chemical industry is expected to reach a valuation of US$ 38.6 billion in 2024. The market is projected to reach US$ 58 billion by 2034, registering a CAGR of 4.2%. This represents a significant growth opportunity for the industry, which plays a crucial role in treating and purifying water …
Solid Sulphur Industry Set to Surge at 3.7% CAGR, Reaching US$ 5.4 Billion by 2034 Driven by Agricultural Sector Expansion
The solid sulphur industry is set to witness substantial development over the projected period, with a Compound Annual Growth Rate (CAGR) of 3.7%. According to Future Market Insights’s latest market analysis, the market value is forecasted to escalate from US$ 3.8 billion in 2024 to a promising US$ 5.4 billion by 2034. This projection follows …
Direct Methanol Fuel Cells Poised to Dominate Portable Electronics Market, Projected CAGR of 13.8% from 2024 to 2034
The direct methanol fuel cell industry size is poised to cross US$ 3.4 billion in 2024 and is likely to attain a valuation of US$ 12.2 billion by 2034. The market is projected to thrive at a staggering CAGR of 13.8% from 2024 to 2034. The need for portable electronics is growing since we live in a society where people move around constantly. …
Conducting Polymer Industry Predicted to Surge to US$17.2 Billion by 2034, Fueled by Global Demand for Advanced Materials and Sustainable Solutions
The global conducting polymer market is set to be valued at US$ 7.0 billion in 2024. The global sales of conducting polymers will likely soar at a healthy compound annual growth rate (CAGR) of 9.4% during the forecast period, totaling US$ 17.2 billion by 2034. Polycarbonates remain highly sought-after conducting polymer types in the market owing to their exceptional properties, …