The global oilfield chemicals industry is expected to reach a valuation of USD 28534.31 million in 2023 and is projected to accumulate USD 44580 million by 2033, trailing a CAGR of 4.5% during the forecast period. The global market is anticipated to be driven by increasing demand for oilfield chemicals in various petroleum operations, including drilling, …
Monthly Archives: May 2024
Tire Materials Industry Forecast: Projected to Create a Significant USD 99.99 Billion Incremental Opportunity by 2028
The tire materials industry is expected to experience strong growth in the coming years due to a number of factors. One major driver is the growing demand for electric and hybrid vehicles, which require specialized tires made out of high-quality materials. Tire manufacturers are responding to this demand by upgrading their production processes and exploring new materials …
Ethylene Dichloride Industry Forecast: Anticipates Impressive Valuation of USD 28,785.48 Million by 2033
The global ethylene dichloride industry is on the brink of a substantial valuation, projected to reach USD 20,016.4 million by 2023. The growth is primarily driven by the burgeoning interest and insights surrounding the ethylene dichloride market. The trend is expected to open doors to new opportunities within the market, with a projected CAGR of 3.7% …
Market Outlook: Turpentine Industry Set for 5.60% CAGR, Anticipates Expansion to USD 2,598.64 Million by 2034
The turpentine industry size is anticipated to reach a valuation of USD 1,506.98 million in 2024. The industry is likely to surpass USD 2,598.64 million by 2034. The escalating demand for natural and sustainable raw materials across diverse sectors. The demand for turpentine is projected to expand at a CAGR of 5.60% through 2034. Turpentine, derived …
Market Outlook: Calcite Industry Set for 5.9% CAGR, Projected to Reach USD 20.22 Billion by 2033
As per Future Market Insights, the value of the global calcite industry in 2022 was USD 10.76 billion. The increasing demand for plastic and paper packaging is anticipated to be the main factor driving the growth of the calcite industry. This has produced an anticipated amount of USD 20.22 billion by 2033, with a CAGR of …
Market Outlook: Metalworking Fluids Industry Set for 4.1% CAGR, Projected to Reach USD 15 Billion by 2033
The metalworking fluids industry is predicted to be valued at USD 10 billion in 2023 and US$ 15 billion by 2033. Over the projection period, sales in the metalworking fluids market are expected to increase at a CAGR of 4.1%. A significant opportunity lies in the development of bio-based metalworking fluids. With the increasing emphasis on …
Diving into the Volleyball Shoes Market: Projected to Reach USD 727.0 Million by 2032, Millennials Fueling Growth
According to newly released data by Future Market Insights (FMI), the Volleyball Shoes Market is estimated at USD 468.1 Million in 2022 and is projected to reach USD 727.0 Million by 2032, with a CAGR of 4.5% from 2022 to 2032. International sporting events are driving consumer participation in sports, leading to a surge in demand for volleyball …
Inactive Dried Yeast Market Trend on Track for USD 1,145 Million Valuation by 2034
Conventional inactive dried yeast is expected to hold about 96.9% share in the global inactive dried yeast market. The demand from the animal feed industry is rising, giving impetus to the market. Usage of inactive dried yeast in animal feed improves its nutritional content and quality of the final product. This indicates the rising usage of inactive dried yeast in the animal …
Exploring the United States & Canada Hair Salon Services Market: Projected to Reach USD 34,503.94 Million by 2033 Amid Growing Number of Professional Salons
As per newly released data by Future Market Insights (FMI), the United States & Canada hair salon services market is expected to be worth USD 24,772.15 million in 2023. It is expected to grow at ~3.3% CAGR over the forecast period 2023 to 2033, and reach USD 34,503.94 million by its end. The United States & …
Liquid Silicone Rubber Industry Forecast: Market Valued at USD10.1 Billion by 2033, Growing at 3.9% CAGR
The liquid silicone rubber industry is expected to hold a valuation of USD 6.9 billion in 2023. The market is expected to witness a 3.9% from 2023 to 2033. By 2033, the value is expected to cross USD 10.1 billion. The liquid silicone rubbers are equipped with the ability to perform under a wide range of …