New Product Development
Picric acid is an organic aromatic compound belonging to the family of organic nitro compounds. Picric acid is also known as 2,4,6 tri nitrophenol or TNP. Picric acid is one of the most acidic phenols. Picric acid is explosive in nature similar to other highly nitrated compounds. Picric acid is synthesized by reacting anhydrous phenol with fuming …
Continue reading “Picric Acid Market Is Expected To Reach US$ 80.6 Billion By 2032, At A CAGR 8%”
The global chemical industry is expanding quickly, which is driving up demand for methyl oleate. The value of the global market for methyl oleate was predicted to reach approximately US$ 1.8 billion in 2022. While methyl oleate is increasingly used in a variety of products, including agrochemicals, lubricants, plasticizers, and cosmetics, it is expected that global …
Continue reading “Methyl Oleate Market Is Expected To Reach US$ 2.45 Billion By 2032”
Due to the strong demand for organic synthesis of pharmaceutical and agrochemical compounds, the nitromethane market is predicted to grow at a CAGR of 5% over the course of the forecast period, reaching a market share of US$12.57 billion by 2032 from US$7 billion in 2020. In the last couple of years, chemicals & materials industry has …
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The phosphate fertilizers market is expected to observe growth at a CAGR of 5.5% and touch valuation of USD 105.27 bn by 2032, while it holds a revenue of USD 65.02 Bn in 2022. Phosphate fertilizer helps the whole plant growth and development including the ripening of seed and fruit. Demand for phosphate fertilizer is attributed to factors like factors shifting from …
During the projected period of 2022 to 2032, the precipitation hardening market is anticipated to exhibit significant growth prospects with a CAGR of 8%. Precipitation hardening is a heat treatment process, which is used to increase the yield strength of various alloys and non-ferrous materials. It is also known as age hardening process. The precipitation hardening process is one of …
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Over the forecast period of 2022 to 2032, the driver monitoring system market demand is expected to grow at a CAGR of 7.5% to reach a valuation of US$ 8,770.9 Million by 2032. A Driver Monitoring System (DMS) is an advanced safety technology designed to help prevent accidents by monitoring the driver’s behavior and alerting …
The global Tile Adhesive Market is forecast to reach US$ 4.8 Bn by 2032, with sales growing at a 6.9% CAGR over the assessment period. Rising construction activities across developing and developed nations is expected to propel demand for tile adhesives. In addition to this, increasing repair and refurbishment of existing buildings is expected to create …
Continue reading “Tile Adhesive Market is Predicted To Advance At A CAGR Of 6.9% From 2022 To 2032”
According to ESOMAR-certified Future Market Insights’ (FMI) – Over the forecast period, the global electric vehicle battery housing market is expected to grow at a rapid CAGR of 31.8%. The market is expected to reach US$ 1,531.1 Million in 2023. The market is anticipated to reach US$ 24,219.1 Million by 2033. The battery housing is a …
The global ready-mix concrete market stands at US$ 46.9 Billion as of now and is expected to reach US$ 61.7 Billion by the year 2032 at a stellar CAGR of 13.2% between 2022 and 2032.The developing economies are subject to rising urbanization, which is, in turn, asking for constructive expansion of the building & construction vertical. The United Nations 2030 estimates …
Continue reading “Ready Mix-Concrete Market A CAGR Of 13.2% From 2022 To 2032”
The railway traction motor market is predicted to grow at a CAGR of 4.5% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 35,128 Million in 2023 to US$ 54,554 Million by 2033 end. Key Takeaways from the Railway Traction Motor Market: The United States is projected …