Titanium diboride is a ceramic material known for its exceptional hardness, high melting point, and resistance to corrosion & wear. These properties make it an attractive choice for a wide range of industrial applications, including aerospace, automotive, electronics, defense, and more. The global titanium diboride market is poised for substantial growth, with projections indicating …
Monthly Archives: July 2024
Direct Reduced Iron Market Projected to Reach USD 60,013.60 Million by 2034, Expanding at a 7.60% CAGR
The direct reduced iron market value is expected to rise from USD 28,195.90 million in 2024 to USD 60,013.60 million by 2034. This market is analyzed to surge ahead at a CAGR of 7.60% over the next decade. Significant changes in the steel industry are pushing forward the demand for direct reduced iron. Presently, the …
Global Hall-Effect Current Sensor Market to be Worth USD 2,765.0 Million by 2032: Future Market Insights, Inc.
The hall-effect current sensors market is anticipated to reach USD 1128.0 million in 2022 and increase to USD 2765.0 million by 2032, between 2022 and 2032 at a CAGR of 9.4%. Consumer electronics, the automotive industry, and industrial automation are examples of end-use industries where demand is growing. From 2016 to 2021, the market for …
Asia Pacific Bentonite Industry Set for 5.9% CAGR Growth Driven by Rising Demand in Personal Care and Cosmetics Sector
The Asia Pacific bentonite industry is estimated to expand at 5.9% CAGR over the forecast period. Increasing demand from the personal care and cosmetics sector is expected to augment the growth in the market over the assessment period. Bentonite’s excellent features such as water absorption capacity, detoxification, and acne treatment make it ideal for use in various …
Global Cosmetic Chemicals Market to Reach USD 26.84 Billion by 2032 with a CAGR of 5.4%
The global cosmetic chemicals market, currently valued at USD 15.89 billion, is projected to experience significant growth, reaching an estimated USD 26.84 billion by 2032. This expansion, occurring at a compound annual growth rate (CAGR) of 5.4% from 2022 to 2032, underscores the increasing demand for cosmetic products worldwide. This growth is driven by …
Bioactive Ingredient Market Set to Surge, Expected to Reach USD 395.73 Billion by 2033 with a 7.8% CAGR, Driven by Rising Demand for Natural Dietary Supplements
Bioactive Ingredient Market The bioactive ingredient market is expected to be valued at US$ 186.73 billion in 2023 and is likely to surpass US$ 395.73 billion by 2033. The sales of bioactive ingredients are projected to record a CAGR of 7.8% during the forecast period (2023 to 2033). Dietary supplements are preferred by customers as they are made with natural components that …
Beverage Processing Polymers Market to Reach USD 845.4 Million by 2032, Driven by Rising Demand for Alcoholic Beverages and Advanced Filtration Solutions
Beverage Processing Polymers Market The global beverage processing polymers market was worth US$ 591.5 Million in the year 2022 and is expected to reach US$ 845.4 Million in the year 2032 at a CAGR of 7.3% between 2022 and 2032. With alcoholic beverages such as whisky, wine, and beer being used at a notable rate, the demand …
Mussel Extract Market Poised to Reach USD 71.30 Million by 2032, Driven by Rising Demand for Natural Supplements and Holistic Wellness
Mussel Extract Market The global mussel extract market size is predicted to reach US$ 71.30 Million in 2032. The mussel extract market is growing significantly. A mussel is a small sea creature that has two densely packed shells. Mussel extract is derived from mussels. Due to the increase in population and demand for seafood, the aquaculture sector has established several aquaculture ponds …
Barley Flake Market to Reach USD 13 Billion by 2032, Driven by Rising Demand for Nutritious and Versatile Food Ingredients
Global barley flake demand is anticipated to be valued at US$ 7.35 Billion in 2022, forecast to grow at a CAGR of 5.87% to be valued at US$ 13 Billion from 2022 to 2032. Barley flakes are prepared by husking the kernels of barley grain which are steamed. The steamed grains are further flattened, rolled and then …
Aqua Feed Additives Market to Exceed USD 2.7 Billion by 2032, Driven by Rising Demand for Nutrient-Rich Aquatic Nutrition
Aqua Feed Additives Market The aqua feed additives market is estimated to surpass US$ 1.6 billion in 2022, and is predicted to reach US$ 2.7 billion by 2032, with a CAGR of 5.5 % from 2022 to 2032. Some of the key factors driving the rise of the aqua feed additives market share are growing worries about receiving the …