Formaldehyde-free resin is looked upon as a good replacement to traditional urea-formaldehyde and phenol-formaldehyde resins used for insulations in adhesive, furniture, and building & construction vertical. They find their place in the textile industry as well as they facilitate retention of colors of jeans. The global formaldehyde-free resin market size was worth US$ 8.35 Billion in the …
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Global Flue Gas Desulfurization System Market to Surge Beyond US$ 36,593.3 million by 2033, Driven by Stringent Environmental Regulations and Fossil Fuel Emission Reduction Initiatives
The flue gas desulfurization system market share is forecasted to thrive at a CAGR of 5.1% from 2023 to 2033. The global flue gas desulfurization system market size is slated to surpass a valuation of US$ 22,252.3 million in 2023 and is anticipated to clock a valuation of US$ 36,593.3 million by 2033. Flue gases …
Global Flame Proof Lighting Market Forecasted to Surge, Projected Valuation of US$ 1,292.4 million by 2033, Driven by Stringent Safety Regulations and Industrial Growth
The flame proof lighting industry is driven by the stringent safety regulations and guidelines implemented across various sectors, such as oil and gas, chemical, and mining industries. These regulations require the use of explosion-proof and flame proof lighting fixtures to prevent potential accidents caused by flammable substances. Additionally, the growing awareness of workplace safety and …
Ferro Vanadium Manufacturing Industry Projections: Market Set to Surge to US$ 6,175.2 Million by 2033 – Unveiling Lucrative Potential in Current Market Trends
With a projected CAGR of 4.7%, the forecast period from 2023 to 2033 promises excellent potential for the ferro vanadium manufacturing industries. Furthermore, the report also predicts the market is anticipated to reach an amazing value of US$ 6,175.2 million by the end of 2033. The leading reason that has contributed to the market’s strong …
Global Ethylene Glycol Market Set to Skyrocket to US$ 29.77 billion by 2033, Fueled by Expanding Textile and Fiber Sectors and Demand for Non-Ionic Surfactants
The ethylene glycol industry is projected to grow at a CAGR of 5.3% from 2023 to 2033 and reach a projected value of US$ 29.77 billion. In 2023, the ethylene glycol market is projected to be worth US$17.76 billion worldwide. During the anticipated period, there are likely to be several opportunities for expanding the ethylene glycol market …
Rising Demand for Clean Water and Chemical Industry Expansion Propel Global Chlorine Market Growth: Predicted Worth of US$ 22,285.1 million by 2033
The increasing demand for clean water and sanitation drives the need for chlorine in water treatment and disinfection processes. Additionally, the growth of the chemical industry, particularly the production of PVC and other chlorinated compounds, contributes to the demand for chlorine. Moreover, the use of chlorine in manufacturing processes, such as the production of solvents …
Rising Demand for Cryogenic Applications Fuels Growth: Cryogenic Pump Market Set to Reach US$ 2,092.2 million by 2033
The growing adoption of cryogenic applications, such as cryosurgery, cryopreservation, and cryogenic cooling, across various industries creates a demand for cryogenic pumps. These pumps are essential for maintaining the required low temperatures in these applications, driving market growth. As projected by Future Market Insight, the global cryogenic pump market is poised to surge to US$ 2,092.2 million …
Citrus Oils Market Blooms: Expected to Reach US$ 5.8 Billion by 2032
The citrus oils market is expected to be worth US$3.9 billion in 2022. According to Future Market Insights (FMI), the global market value is estimated to reach US$ 5.8 billion by 2032, expanding at a CAGR of 4% between 2022 and 2032. The following factors can be linked to this expansion: As a result of increased demand for natural and …
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Tortilla Market Flourishes, Anticipating a Valuation of US$ 37,018 Million by 2032
Newly released data from analysis by Future Market Insights shows that global consumption of Tortilla enjoyed a year-on-year (YoY) growth of 3.4% in 2022 to total sales of US$ 26,394.9 Mn. Tortilla consumption has risen dramatically in the last ten years. The global tortilla market is anticipated to reach US$ 37,018 million by 2032, growing at a CAGR of 3.4% from …
Navigating the Seas of Culinary Innovation: Food Grade Carrageenan Market Set to Reach US$ 2.3 Billion by 2032
The global food grade carrageenan market is set to witness growth at a CAGR of 7.1% and is anticipated to reach a valuation of around US$ 2.3 Billion by 2032. Hydrocolloids perform a number of functions in food, including gelling, thickening, emulsifying, coating, and stability. Hydrocolloids are found in a wide variety of foods, from dairy to sweets. Carrageenan is a …