The drilling polymers market size reached US$ 2050.4 million in 2022. Demand for drilling polymers is likely to witness US$ 2132.4 million in 2023. In the forecast period between 2023 and 2033, demand is poised to exhibit a 3.5% CAGR. Revenue is anticipated to cross around US$ 3 billion by the end of 2033. There is a growing demand for environmentally friendly drilling …
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Global Agricultural Lubricants Market Witnesses Steady Growth: Forecasts Project a Surge to US$ 6.3 billion by 2033 Fueled by Technological Advancements in Farm Machinery
Advancements in agricultural machinery design now necessitate specialized lubricants to ensure optimal performance and durability. Farmers are focused on maximizing crop yields, which makes essential well-maintained machinery, and equipment using appropriate lubricants. Growing environmental consciousness and legislation has driven the development of eco-friendly agricultural lubricants, resulting in the creation of a new market niche within …
Renewable Energy Soars: Europe Biomass Pellets Market Set to Hit US$ 22,161.2 million in 2033, Fueled by Sustainable Biofuel Demand
Wood pellets are widely consumed for diverse applications in European countries such as in the United Kingdom, Netherlands, Italy, Germany, and others. The increasing cost of energy, and electricity, and fluctuations in the oil and gas industry are propelling the demand for renewable products for power generation. The Europe biomass pellets market, as reported by Future …
Asia Pacific Waterproofing Chemicals Market Set to Soar: Projections Suggest Exponential Growth, Surpassing US$ 1,223.1 million by 2033
Waterproofing chemicals are essential in the building sector as they protect structures from water damage and ensure their lifetime & durability. Infrastructure expansion, urbanization, and real estate projects are driving considerable growth in the construction sectors. As builders and contractors prioritize the implementation of effective waterproofing solutions, demand for waterproofing chemicals would expand. Waterproofing chemicals are …
Global Paper Chemicals Market Projections: Continuous Progression at 1.9% CAGR Indicates Promising Growth Trajectory for Paper Industry
The paper chemicals industry refers to the businesses involved in the production, supply, and distribution of chemicals and additives used in the manufacturing processes of paper and paper-based products. These chemicals are essential to improve paper quality, performance, and properties during paper manufacturing and end use. The paper chemistry market is a key support sector …
GCC Calcium Oxide Market Set to Flourish, Propelled by Rapid Expansion in Building and Construction Sectors, Projections Suggest Market Capitalization to Reach US$ 245.4 million by 2033
GCC region has seen an increase in infrastructure projects such as skyscrapers, airports, motorways, and residential complexes. All of these are predicted to significantly boost demand for calcium oxide. Likewise, calcium oxide is used for soil stabilization, which improves the engineering features of the soil and makes it acceptable for construction. The growth of the …
Transparent Coatings Market Set to Reach US$ 31.2 billion by 2033, Fueled by Growing Urban Construction and Technological Advancements
The transparent coatings market is expected to be worth US$ 16.6 billion in 2023. The market is expected to reach US$ 31.2 billion by 2033, growing at a 6.5% CAGR during the forecast period. Transparent coatings market is being driven by their growing usage in wood, glass, optics, metal, plastics, solar panel, and concrete applications. The …
Polyurethane Precursor Market Projected to Reach US$ 80,216.2 million by 2033: Driven by Automotive Industry’s Demand for Enhanced Functionality
Polyurethane Foam is one of the key applications for Polyurethane Precursor. Flexible and Rigid foams, both are being manufactured, which are further used for other applications such as bedding, automotive seating, furniture, upholstery and others. Rigid foams are used for insulation purpose in construction, packaging and refrigeration industries. The Polyurethane Precursor market is expected to be worth …
Polyether Modified Polysiloxane Market Propelled by Versatile Applications Across Diverse Industries, Projected to Reach a Valuation of US$ 2,122.7 million by 2033, Fueled by Robust 5.2% CAGR
In 2023, the Polyether modified Polysiloxane market is expected to be worth US$ 1,278.6 million. The market is expected to reach US$ 2,122.7 million by 2033, expanding at a 5.2% CAGR throughout the forecast period. Polyether-modified Polysiloxane is widely used in the formulation of agrochemicals due to its excellent properties and benefits. These compounds act as …
Functional Food and Natural Health Products Market Expected to Reach US$ 38,555.2 Million by 2033 with a Steady 5.3%
The global functional food and natural health products market size was valued at US$ 23542.4 million in 2023. It is expected to register a CAGR of 5.3% through 2033. However during the forecast period, Europe will exhibit more lucrative growth opportunities. In terms of functional food product, the market can be classified into bakery & confectionery, dairy, …