The projected acrylic paint market size will reach USD 209.4 million by 2034, which will be USD 138.8 million in 2024. The acrylic paint market growth will be capped at a sluggish CAGR of 4.2%. The infrastructural developments support the acrylic paint market growth. The main reason behind this is that the new construction requires …
Monthly Archives: May 2024
Americas Steel Pipes Market Projected to Reach US$ 35.3 million by 2033
Steel pipes, the versatile workhorses of infrastructure and industry, form the backbone of the Americas steel pipes market. This market is experiencing steady growth, driven by a confluence of factors that are shaping its future. Let’s delve into the key market drivers, trends, and opportunities: Market Drivers: Building a Solid Foundation Robust Construction Activity: A …
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Saudi Arabia Drinking Water Industry Forecast: Demand to Reach USD 12,229.10 Million by 2034 – Surge in Solar-Powered Desalination
The Saudi Arabia drinking water industry value is expected to rise from USD 5,717.70 million in 2024 to USD 12,229.10 million by 2034. This industry is analyzed to expand at a CAGR of 7.9% over the next decade. Saudi Arabia comes under the top five water users worldwide, consuming 360 L/day on average. The country …
Investing in Clean Energy: Waste-Derived Pyrolysis Oil Offers Lucrative Opportunities in the Global Market
The waste-derived pyrolysis oil market is navigating the fiercely competitive landscape at a moderate CAGR of 5.1% through 2034. It will elevate the market size to USD 571.8 million from USD 347.6 million. It’s not just market forces driving the waste-derived pyrolysis oil industry. Governments’ initiatives have played a pivotal role in creating market growth …
Automotive Soft Trim Interior Materials Market Set to Reach USD 9,601.3 Million by 2033, Growing at 4.8% CAGR
The market for automotive soft trim interior materials market is poised for substantial growth, projected to reach a staggering USD 9,601.3 Million by the year 2033, with a steady CAGR of 4.8%. This forecast underlines a significant upward trajectory in the demand for soft trim materials used in vehicle interiors. These materials play a crucial …
Growing Demand and Trends of Chickpea Industry Poised for Growth, Predicted to Reach USD15.5 Billion by 2033
Chickpea Market Global chickpea market is experiencing a significant surge, with sales anticipated to escalate from US$ 7,948.2 million in 2023 to an impressive US$ 15,519.9 million by 2033, reflecting a robust CAGR of 6.9%. Fueled by increasing consumer awareness of health benefits and the rising popularity of plant-based diets, the chickpea industry presents lucrative opportunities …
Surge in Consumer Electronics, EVs, and Pharma Drives N-Methyl-2-Pyrrolidone Market to USD 1.6 Billion by 2034
The N-methyl-2-pyrrolidone market, a crucial solvent in various industries, is projected to grow at a stable CAGR of 4.70% from USD 1,028.70 million in 2024 to USD 1,628.40 million by 2034, indicating a positive trend in the industry. N-methyl-2-pyrrolidone demand growth is driven by increasing utilization in developing regions, industrialization, and industry enhancement. The market …
Revolutionizing Healthcare Imaging: Cutting-edge X-ray Systems Market is likely to hit USD 15,969.2 Million by 2034 to Meet Growing Demand
Recent market projections have indicated a remarkable trajectory for the X-ray system market, forecasting a valuation of USD 11,880.4 million by 2024, with expectations soaring to USD 15,969.2 million by 2034. This surge is fueled by the escalating prevalence of chronic diseases and an aging global population, underlining the urgent need for advanced medical imaging …
Growing Demand and Trends of Iced Tea Market Surging at 6.0% CAGR, Eyeing USD 12.1 Billion by 2034
Iced Tea Market The iced tea market is on a trajectory of robust growth, anticipated to reach a staggering value of US$ 12,132 million by 2034, with a notable CAGR of 6.0%. Driven by evolving consumer preferences, innovative product offerings, and expanding distribution channels, the market presents lucrative opportunities for investors seeking to capitalize on the beverage …
Thriving Potassium Sulfate Market: A CAGR of 4.8% Propels Growth to USD 8.3 Billion by 2034
The global potassium sulfate market will reach a valuation of USD 5.2 billion in 2024, attributed to factors such as climate change adaptation. The trend is set to create new opportunities for the market, leading to a projected CAGR of 4.8% between 2024 and 2034, and reaching a total valuation of approximately USD 8.3 billion …