The global Traffic Road Marking Coatings market is poised for significant growth, with an estimated value of USD 5.22 billion in 2022, projected to reach USD 9.34 billion by 2032. This translates to a compound annual growth rate (CAGR) of 6% over the forecast period from 2022 to 2032. The increasing need for improved road …
Monthly Archives: December 2024
Rising Demand for Self-Healing Materials Spurs Innovation: USA Leads R&D in Advanced Smart Materials Amid Global Challenges
The self-healing materials industry size estimated at USD 1.61 billion in 2022 is anticipated to grow at a CAGR of 25.5% from 2022 to 2032. Materials that are capable of self-healing are stimulated by changes in pH, UV light, and other environmental factors, as well as by physical harm like a microcrack influencing the self-healing …
Global Concrete Admixture Industry to Reach USD 27.4 Billion by 2032 | FMI
The global concrete admixture market size is poised for substantial growth, with an anticipated value of USD 15.1 billion in 2022 and a projected steady compound annual growth rate (CAGR) of 6.1% leading to a market value of USD 27.4 billion by 2032. This growth is primarily attributed to the rising adoption of concrete admixtures …
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Global Orange Terpenes Industry Size to Reach USD 11.44 Billion by 2032 | FMI
The global orange terpenes industry size is poised for remarkable growth, with an anticipated value of USD 5.3 billion in 2022, forecasted to surge at a robust CAGR of 8% to reach USD 11.44 billion by 2032. Fueled by the rising adoption of sustainable products across various applications such as food, personal care, cosmetics, and …
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Global Phenolic Board Industry to Reach USD 5,376.70 million by 2034 | FMI
The global phenolic boards industry value was worth USD 3,764.0 million in the year 2024 and is expected to reach USD 5,376.70 million by the year 2034 at a CAGR of 3.63% between 2024 and 2034. Cabins could be made from phenolic panels for showers, toilets, and likewise. Lockers could be made from phenolic panels for …
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Global Alpaca Fiber Industry Size to Reach USD 4.7 Billion by 2032 | FMI
According to FMI analysis, the alpaca fiber industry sales are projected to reach USD 4.7 Billion from 2022 to 2032. The growth of the market is attributed to its global utilization across the Automotive industry. The global alpaca fiber market demand is estimated to grow at an opulent CAGR of 3.2% with a valuation of USD …
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Why is the Demand for Butyl Stearate Rising at a Robust Pace in North America Market?
The global butyl stearate industry size is anticipated to expand at an average CAGR range of 4%-4.8% from 2022 to 2032. The target market is set to reach a valuation of USD 9.42 billion in 2032, as opposed to USD 5.18 billion in 2022. This growth can be attributed to the increasing adoption of butyl …
Antimony Trioxide Industry Forecast: Valuation to Reach USD 2.44 billion in 2033 | FMI
The global antimony trioxide market size is expected to attain a valuation of USD 1.44 billion in 2023 and is projected to reach USD 2.44 billion by 2033 while exhibiting a CAGR of 5.4% during the forecast period. The demand for flame retardants is further propelled by stringent regulations mandated by the Occupational Safety and Health Administration (OSHA), particularly in industries …
Global Glass Growlers Market 2024: Key Trends, Growth Drivers, and Future Outlook
The global glass growlers market is projected to be valued at USD 6.4 billion in 2023 and is expected to grow at a CAGR of 3.2% between 2023 and 2033, reaching USD 8.7 billion by 2033. A significant factor contributing to this growth is the advancement in innovative closure systems, which play a crucial role …
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HDPE Containers Market Set for Steady Growth Driven by Demand in Packaging and Consumer Goods
The global HDPE (High-Density Polyethylene) containers market is projected to reach USD 56.9 billion in 2023, with a CAGR of 3.5% between 2023 and 2033, bringing the market to an estimated USD 80.3 billion by 2033. The market is primarily driven by the growth in the personal care and cosmetics industries and the increasing demand …