New Product Development
The global aluminum hydroxide industry sales are expected to reach a valuation of USD 2.8 Billion, exhibiting a CAGR of 5% over the forecast period 2022 to 2032. Aluminum hydroxide is an important part of the aluminum hydroxide market. Aluminum hydroxide is used as a flocculant in water purification process. Aluminum hydroxide is also finding its application …
Continue reading “Global Aluminum Hydroxide Market Size Set to Reach USD 2.8 billion by 2032 | FMI”
By the end of 2033, the global market for 3,3-dimethylacrylic acid methyl ester is expected to grow at a moderate CAGR and reach a market size of USD 51,327.8 Thousand. Certain prominent players in the 3,3-Dimethylacrylic Acid Methyl Ester market are focusing on increasing their production capacity by producing the compound at pilot scales. Manufacturers …
The global amine oxide market is on a promising growth trajectory, driven by the increasing demand across various industries, including oilfield chemicals, agriculture, home care, and personal care. Amine oxides are amphoteric surfactants that can act as cationic, anionic, or non-ionic, depending on the pH of the water. This unique property makes them highly versatile …
The global deicing fluid industry size was worth USD 5.3 Billion in the year 2022 and is expected to reach USD 8.8 Billion by the year 2032 at a CAGR of 5% between 2022 and 2032. Deicing fluids come across as critical chemicals used in the aviation vertical in cold climates around the world. Growing demand …
Continue reading “Global Deicing Fluid Market Size Set to Reach USD 8.8 Billion by 2032 | FMI”
The global chlorinated polyethylene resins and elastomers (CPE) industry size stands at USD 600 million as of now and is expected to reach USD 1,297 Million by the year 2032 at a CAGR of 8% from 2022 to 2032. The other advantages are inclusive of exceptional physical and mechanical properties, tensile strength, higher filler acceptance, and …
The global conductive plastics industry size will reach USD 7.91 billion by 2032, an 8.5% annual growth rate over the next ten years! The key to success in this industry is innovation and sustainability – two things that are at their core tasks necessary ingredients when it comes down to making products like electronics or electric …
The market for global hydrodesulfurization catalysts is projected to be USD 2.89 billion in 2022 and to increase at a CAGR of 5% to USD 4.71 billion from 2022 to 2032. Hydrodesulfurization is a chemical process that is used to remove sulfur and sulfur compounds from refined petroleum end products, including petrol (gasoline), diesel, fuel oils, …
The global automated sortation system market is forecasted to achieve a significant milestone of USD 21.7 billion by 2034, reflecting a notable CAGR of 8.8% from 2024 to 2034. Furthermore, the market is anticipated to reach USD 9.3 billion in 2024, underscoring its continued expansion. The growth of automated sortation systems is driven by several …
The global chopper pump market is poised for remarkable growth, with 2022 witnessing an estimated value of USD 818.4 million. This figure is set to skyrocket in the coming decade, with experts predicting an astounding surge to USD 1,429 million by 2033. Such exponential growth, marking a compelling CAGR of 5.2% from 2023 to 2033, …
Increasing from USD 11.68 billion in 2023, FMI predicts that the global submersible pump market could reach USD 19.39 billion by 2033. Between 2023 and 2033, submersible pump sales are expected to register a 5.2% CAGR. The key drivers of the expansion of the submersible pump market worldwide are the population boom of the globe and the rise in residential housing. …
