The global polyurea coatings industry is poised for significant growth, projecting an impressive 9.3% Compound Annual Growth Rate (CAGR) from 2023 to 2033. Starting at a valuation of USD 902.9 million in 2023, the market is anticipated to reach USD 2,204.6 million by 2033, presenting a substantial absolute dollar opportunity. Historical analysis by Future Market …
Monthly Archives: July 2024
Nickel Cobalt Aluminum Market to Grow at 5.3% CAGR from 2023 to 2033
The global nickel cobalt aluminum market is expected to reach USD 4,566.6 Million by 2033, up from USD 2,724.6 Million in 2023, representing a CAGR of 5.3% throughout the forecast period. Significant market traction for EVs and technological advancement in the renewable energy sector are propelling the product demand for NCA. Nickel-cobalt aluminum alloys …
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Fiber-Reinforced Plastic (FRP) Recycling Market to Grow at a Robust 8.0% CAGR by 2033
According to Future Market Insights (FMI), the global fiber-reinforced plastic (FRP) recycling market is set to reach a valuation of USD 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 USD 1.0 billion by 2033. Surging demand from end-use sectors …
Octyl Alcohol Market to Surpass USD 8.9 Billion by 2033, Growing at a CAGR of 2.9%
By 2023, the market for octyl alcohol is expected to grow to a value of USD 6.7 billion. During the evaluation period, the market is anticipated to grow at a CAGR of 2.9% and surpass USD 8.9 billion by 2033. Octyl alcohol, also identified as 1-octanol or caprylic alcohol, is a fatty alcohol with …
Global Disinfectant Chemicals Market Poised for Significant Growth, Expected to Reach USD 4 Billion by 2032
The global disinfectant chemicals market, currently valued at USD 2.5 billion, is projected to expand to USD 4 billion by 2032, growing at a compound annual growth rate (CAGR) of 5% from 2022 to 2032. This growth is driven by increasing awareness of hygiene and sanitation, the ongoing need to prevent the spread of infectious …
Calcium Sulphate Industry in Northern Europe Projected to Grow at a CAGR of 5.3% from 2022 to 2032
The Northern Europe calcium sulphate market is anticipated to experience a robust growth rate, projected to expand at a 5.3% CAGR between 2022 and 2032, according to Future Market Insights (FMI). Calcium sulphate, which can be found naturally or synthesized through chemical methods and intermediates, is expected to see increasing demand across various industries in …
High Purity Solvents Market Projected to Grow at 7.45% CAGR, Reaching USD 7.45 Billion by 2033
The global high-purity solvents market is anticipated to witness substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 7.45% from 2023 to 2033. In 2023, the market size for solvents stood at USD 3.63 billion, and it is expected to more than double, reaching USD 7.45 billion by 2033. This robust growth is …
Natural Food Preservatives Market Set to Surge to USD 856.1 Million by 2032 | FMI
The market size for natural food preservatives is anticipated to develop at a compound annual growth rate of 7% from 2022 to 2032, from a projected valuation of USD 435.2 million in 2022 to USD 856.1 million by 2032. Increased demand for convenience items, along with an emphasis on organic food products, has resulted in a growing preference for long-lasting foods. As a …
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Global Food Thickening Agents Market Set to Exceed USD 3.93 Billion by 2033, According to FMI Analysis
By 2033, the food thickening agents market could be worth more than US$ 3.93 billion, compared to US$ 2.70 billion in 2023, according to FMI’s estimations. The market is probably going to show a moderate CAGR of 4% over this evaluation period. The food and beverage industry has been going through an innovation period due to the …
Naturally Derived Sweeteners Market to Expand with 5.9% CAGR through 2032, Finds FMI Report
The Naturally Derived Sweeteners Market refers to the industry that deals with the production, distribution, and consumption of sweeteners derived from natural sources. These sweeteners are typically obtained from plants or other natural sources and are used as alternatives to artificial sweeteners, such as aspartame or saccharin. The naturally derived sweeteners market is anticipated to develop at a CAGR …