The acrylic paint market is projected to experience steady growth, governed by a modest compound annual growth rate (CAGR) of 4.2%. This growth is expected to elevate the market size from USD 138.8 million in 2024 to approximately USD 209.4 million by 2034. The increasing popularity of acrylic paints in various applications, such as residential …
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Poly(butylene Succinate) Market Set for Significant Growth Driven by Sustainability Trends and Innovative Applications
The global poly(butylene succinate) market value is expected to increase from US$ 115,306.8 thousand in 2023 to US$ 361,225.6 thousand by 2033. Global poly(butylene succinate) sales are anticipated to thrive at 12.1% CAGR during the assessment period. Several factors are anticipated to drive global poly(butylene succinate) market growth. These include a rising preference for …
Unlocking the Potential of Cinnamic Aldehyde: A Comprehensive Analysis of Market Trends and Applications
Demand for cinnamic aldehydes worldwide is projected to be worth USD 5.3 billion in 2022 and to increase at a CAGR of 5.2 % to USD 8.8 billion from 2022 to 2032. Due to its enormous potential, rising investments in the FMCG sector are expected to stimulate industry demand. Cinnamic aldehyde, a natural organic compound, is a …
Ferro Aluminum Market Dynamics: Driving Forces and Challenges in the Automotive Sector
Ferroaluminum, an alloy of iron and aluminum, plays a crucial role in various industrial processes. From strengthening steel to creating high-temperature resistant components, its applications are diverse. The increasing global demand for automobiles is poised to significantly propel the ferro aluminium market forward. As the automotive industry continues to expand, particularly in emerging economies, the need for …
Acrylic Styrene Acrylonitrile (ASA) Resin Industry: Driving Forces and Growth Opportunities in Automotive, Construction, and Consumer Goods
The acrylic styrene acrylonitrile resin industry is anticipated to experience sustained growth with a 5% compound annual growth rate (CAGR), culminating in a revenue share reaching USD 1,432.74 million. This projection underscores the resilience and potential of the industry, driven by factors such as increasing demand in various end-use sectors, technological advancements, and expanding applications, positioning …
Steady Growth Projected for Northern Europe Calcium Sulphate Market with 5.3% CAGR by 2032
The calcium sulphate market in Northern Europe is expected to grow at a steady 5.3% CAGR from 2022 to 2032, driven by its extensive applications across various industries. As a naturally occurring mineral that can also be synthesized through chemical processes, calcium sulphate is utilized in construction materials such as plaster and drywall, as …
The Green Ammonia Boom: Applications Beyond Fertilizer in the Energy and Marine Sectors
In 2023, the global green ammonia market is projected to be valued at USD 82.4 million, with expectations of rapid growth driven by increasing demand across sectors such as agriculture and power generation. As sustainability efforts intensify, green ammonia, produced using renewable energy, is gaining prominence as a clean alternative to traditional ammonia. With a …
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Trim Tabs Market Outlook: Anticipating 8.70% CAGR Growth and a Valuation of USD 7,033 Million by 2033 | FMI Reports
Trim Tabs Market In 2022, the global Trim Tabs Market was valued at USD 2,800 million and is expected to reach USD 3,053 million in 2023. According to Future Market Insights (FMI), the market is projected to grow at a notable CAGR of 8.70% from 2023 to 2033, potentially reaching around USD 7,033 million by …