The global Lead Zirconate Titanate (PZT) market is poised for significant growth, with projections indicating it will reach US$ 765.52 million by 2032. This marks an impressive CAGR of 8% from its 2022 valuation of US$ 354.5 million. The surge in market size is primarily attributed to increased R&D expenditures and the entry of new players, intensifying …
Monthly Archives: June 2024
Rising Demand in Construction Textiles: Market Set for 9% Annual Growth, Reaching USD 5850.3 million by 2034
The global sales of construction textiles are estimated to be worth USD 2471.2 million in 2024 and are anticipated to reach a value of USD 5850.3 million by 2034. Sales are projected to rise at a CAGR of 9% over the forecast period between 2024 and 2034. Construction textiles, also known as building textiles, are …
Dimethyl Terephthalate Market Set for 5.9% CAGR Growth as Demand for PET and PBT Fuels Expansion Across Key Industries
The global dimethyl terephthalate (DMT) market, valued at USD 1,143 million in 2023, is on a robust growth trajectory. Over the forecast period, the market is projected to expand at a compound annual growth rate (CAGR) of 5.9%, with the industry value expected to surge from USD 1,202.5 million in 2024 to USD 2,131.2 million by …
Road Aggregates Market to Reach US$ 709.91 billion by 2032 with 6.8% CAGR Growth, Driven by Construction Sector Demand
The global road aggregates market is set to experience substantial growth, with a projected compound annual growth rate (CAGR) of 6.8% over the forecast period. According to the latest analysis by Future Market Insights (FMI), the market, currently valued at US$ 367.70 billion in 2022, is expected to soar to US$ 709.91 billion by 2032. This growth …
Rising Demand for UV and Weather Protection Fuels Growth in Waterborne Automobile Coatings Market, Expected to Hit US$ 141.5 Billion by 2032
The global demand for waterborne automobile coatings is projected to surge, with an anticipated market value of US$ 79 billion in 2022, and is expected to reach US$ 141.5 billion by 2032, growing at a CAGR of 6% during the forecast period. This growth is largely attributed to the coatings’ ability to protect vehicles against UV radiation, …
Rising Demand for Sterilization and Disinfectants Drives Ortho Phthalic Aldehyde Market Growth to US$ 8.8 Billion by 2032
The global demand for ortho phthalic aldehyde is projected to surge significantly, reaching an estimated value of US$ 8.8 billion by 2032, from US$ 5.3 billion in 2022. This growth, at a compound annual growth rate (CAGR) of 5.2%, is primarily driven by the rising need for sterilization and disinfectant equipment. Ortho Phthalic Aldehyde, commonly abbreviated as …
Market for Agricultural Adjuvants Expected to Hit US$ 6.75 billion by 2034, Boosted by Eco-Friendly Innovations and Regulatory Support
The global agricultural adjuvant market is forecast to expand at 6% CAGR over the forecast period, as per FMI’s analysis. The industry’s size is predicted to surge from US$ 3.79 billion in 2024 to US$ 6.75 billion by 2034. The agricultural adjuvant industry has been positively impacted by the emerging concept of green pesticides. Gradually, the use of green pesticides …
Fortifying Agents Market: Embracing a Thriving USD 168.9 Billion Industry Driven by Surging Nutritional Supplement Demand
The global fortifying agents market is set to witness growth at a CAGR of 7.7% and is anticipated to reach a valuation of around US$ 168.9 Billion by 2032. The market for fortifying agents is driven by rising consumer demand for nutritional supplements and healthy foods. Manufacturers are increasingly using fortified agents in their products as consumers become more aware …
Coffee Roaster Machine Market Set to Reach USD 2.05 Billion by 2032 Amidst Global Coffee Craze
The global coffee roaster machine market is set to witness growth at a CAGR of 6.4% over the forecast period (2022-2032) and top a valuation of USD 2.05 Bn by 2032. Coffee is one of the most favorite drinks across the globe. Consumers like its smell, taste and flavour which is added to the coffee by performing the roasting process. Due …
Canned Tuna Market Projects Steady Growth with 4.80% CAGR Through 2034
The global canned tuna market size is projected to be worth USD 16,951.00 million by 2034. According to the estimates, the market is anticipated to exhibit a 4.80% CAGR until 2034. In 2024, the canned tuna market size is valued at USD 10,647.30 million. The trend toward a healthier lifestyle is gaining momentum as people value eating healthy meals more. Canned tuna …
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