The vinyl ester market size is likely to be worth US$ 1.4 billion in 2024. The demand for vinyl ester is projected to spike at a CAGR of 6.4% through 2034. The industry is likely to surpass US$ 2.6 billion by 2034. The vinyl ester industry is propelled by its exceptional corrosion resistance properties, making it a preferred choice in various applications such …
Monthly Archives: May 2024
Locomotive Traction Transformer Market Worth US$ 737.7 Million by 2033
The locomotive traction transformer market is expected to grow at a CAGR of 4.4% from 2023 to 2033. The market is projected to reach a valuation of US$ 737.7 Million by 2033, from the current valuation of US$ 479.6 Million in 2023. During the current forecast period, several factors positively influence the growth of the …
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EV Charging Station Market to Hit US$ 122.8 billion by the end of 2033
In 2018, the global EV charging station market had sales of US$ 3.8 billion. In 2022, the market expanded by 52.4% year over year. In 2023, it’s projected to generate US$ 22.9 billion in sales. The market for EV charging stations worldwide is anticipated to surge at a CAGR of 18.3% between 2023 and 2033. …
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Dysprosium Market Set for Explosive Growth at 5.2% CAGR: Capitalize on the Lucrative Opportunities in Automotive and Electronics
The global dysprosium market is anticipated to create lucrative growth over the forecast period from 2022 to 2032 by registering a CAGR of 5.2%. The global market was valued at US$ 5.3 Billion in 2022 to reach a valuation of US$ 8.8 Billion by 2032. The growth of the dysprosium market is attributed to its …
Plastic-Rubber Composite Market Poised for Explosive Growth: To Reach US$ 3.6 Billion by 2033
The plastic-rubber composites market size is anticipated to be worth US$ 2,170.9 million in 2023. By 2033, the market is anticipated to reach US$ 3,638.5 million, growing at a 5.3% CAGR over that time. These composites offer greater performance qualities when compared to single materials. These composites combine the benefits of both plastic and rubber, …
2-Hexyldecanol Industry Poised for Growth: Cosmetics Boom in Emerging Markets Drives Demand
The 2-hexyldecanol market has experienced substantial growth in recent years, with a global market size of US$ 75 billion in 2022. Projections indicate a promising upward trajectory, expecting to reach US$ 111 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4%. This growth is propelled by various driving factors, reflecting the compound’s versatile …
Global Fiber-Reinforced Plastic Recycling Market to Reach US$ 1 Billion by 2033, Anticipating 8.0% CAGR Growth Trajectory
According to Future Market Insights (FMI), the global fiber-reinforced plastic (FRP) recycling market is set to reach a valuation of US$ 482.0 million in 2023. Over the forecast period, global FRP recycling demand is anticipated to increase at 8.0% CAGR, taking the overall market valuation to US$ 1.0 billion by 2033. In 2022, the worldwide …
Plain Bearing Market Eyes US$ 20,850.8 Million by 2033 with 5.7% CAGR
The plain bearing market is predicted to capture a valuation of US$ 12 Billion in 2023 and is projected to reach US$ 20,850.8 Million by 2033. The market is securing a CAGR of 5.7% during the forecast period. Which Sector is Prominent in the Global Market? The market is driven by several end-use industries, such as automotive, …
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Baby Diaper Market Poised for Explosive Growth: Forecasted to Exceed US$ 120 Billion by 2033 with a 5.5% CAGR in Adoption
In 2023, the baby diaper market is valued at a staggering US$ 70 billion, with projections indicating it will soar past US$ 120 billion by 2033. Anticipated growth suggests a steady advancement at a 5.5% compound annual growth rate throughout the forecast period, this market presents a golden opportunity for brands to cater to the …
Toothpaste Tablets Market on the Rise: Projected to Hit US$ 219.1 Million by 2033, with a Robust Growth Rate of 6.2% CAGR to 2033
The toothpaste tablets market is predicted to be valued at US$ 120.2 million in 2023 and US$ 219.1 million by 2033. Over the projection period, sales in the Toothpaste Tablets market are expected to increase at a CAGR of 6.2%. A prominent trend that is gaining traction is the use of sustainable packaging. As more …