In 2022, global sales in the silicon tetrachloride market share are projected to reach approximately USD 2,277.4 million. The industry is expected to experience a CAGR of 4.5% from 2022 to 2027. Future Market Insights (FMI) has published a report titled “Silicon Tetrachloride & Derivatives Market: Global Industry Analysis 2012 – 2021 and Opportunity Assessment …
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Electronics Cleaning Solvents Market Set to Reach USD 1,696.6 Million by 2029 Amid Growing Demand for Hydrocarbon and Fluorinated Solutions
The global electronics cleaning solvent market size is projected to exhibit a value CAGR of 5.9% during the forecast period of 2022 to 2029. The introduction of low-cost electronics cleaning solvents, such as hydrofluoroethers (HFEs), which are designed to effectively remove solder flux residue from printed circuit boards, along with their environmental and safety advantages over chlorinated …
Reducing Sodium: How Salt Content Reduction Ingredients Are Revolutionizing Food Production
The global Salt Content Reduction Ingredients Market is set to experience significant growth over the next decade, fueled by increasing health consciousness among consumers and stringent regulatory measures aimed at reducing sodium intake. According to recent market analysis, the salt content reduction ingredients market is projected to reach a value of USD 11,879.8 million by …
Automotive Fabrics Market Set for Significant Growth: Rising Vehicle Sales and Stringent Safety Regulations Drive Demand
The automotive fabrics market size is anticipated to thrive at an average CAGR of 3.6% between 2023 and 2033. The market is expected to have a market share of USD 52.78 billion by 2033 while it is likely to be valued at USD 37.06 billion in 2023. The rising businesses producing upholstery for automobiles, the increased …
Revolutionizing the Transportation Coating Sector: High-Performance Coatings Built for Thermal and Mechanical Resilience
According to Future Market Insights (FMI) recently published report, the global transportation coating market will account for revenues of over USD 12 Billion by 2022-end. The report has projected the future of transportation coatings as being important industrial materials for utilisation in the transportation sector for the five year assessment period (2017-2022). The report also …
Eco-Friendly Geosynthetics: Meeting Growing Demand Amidst Stricter Construction Regulations
The geosynthetic market size is expected to reach USD 15,177.60 million in 2023. The market is predicted to reach a value of USD 16,710.54 million by 2033. Between 2023 and 2033, the market is expected to register a growth rate of 10.1%. Geosynthetics can create highly efficient barriers, reducing space requirements, and enhancing road access. As geosynthetics are increasingly used …
Boron Carbide Demand Surges Amid Global Nuclear Power Plant Construction and Modernization
The boron carbide market is expected to display a CAGR of 5.3% from 2023 to 2033. In 2023, its value is projected to increase to USD 153.9 million. In 2018, the size of the global boron carbide market was USD 136.7 million. The demand for boron carbide is anticipated to increase to USD 256.8 million …
Driving Growth: The Rise of Friction Modifier Additives in the Booming Automotive Industry
From 2018 to 2022, the global friction modifier additives market size experienced moderate growth, with a CAGR of approximately 3.2%. This expansion was driven by the increasing use of these additives across various new end-use sectors and industries. Traditionally, friction modifier additives have been extensively applied in aviation lubricants to enhance engine performance and fuel …
Revolutionizing Chemical Processing: The Rising Demand for Acid Proof Lining Solutions in Global Industries
The acid proof lining market size is poised for significant growth, with an estimated market size of USD 6,747.17 million in 2023 and projected to reach USD 12,313.08 million by 2033. This growth trajectory reflects a robust Compound Annual Growth Rate (CAGR) of 6.2% from 2023 to 2033. As industries increasingly recognize the importance of …
FMI States Global Dynamic Positioning Systems Market Valuation to Surpass USD 10.3 Billion by 2032, Driven by 11.6% CAGR Growth
The global dynamic positioning systems market is poised for significant expansion, with projections indicating it will surpass a valuation of USD 10.3 billion by 2032. This reflects a robust Compound Annual Growth Rate (CAGR) of 11.6%, starting from its 2022 value of USD 8.2 billion. A key driver propelling this substantial growth is the increasing …