New Product Development
According to the latest research conducted, the demand for Acrylonitrile is anticipated to grow with a compelling growth rate of about 3.5% to 5.0% in between the coming assessment period of 2021-2031.Ammonia, propylene and propane are used as a raw material for the production of acrylonitrile. It is used in many industries for the production of variety …
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The global consumption of soda ash market stood at US$ 19,190.0 Mn in 2022 and is slated to increase at a CAGR of 4.0% to reach a valuation of US$ 25,285.6 Mn by the end of the forecast period. The historical growth of soda ash market from 2014 to 2021 is valued at a CAGR of 3.1%. The growing demand for soda ash for …
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Future Market Insights (FMI) has estimated the market of elastomeric coatings to witness a year over year growth of 7.3% in 2022 reaching a value of about US$ 6,810.5 Mn by the end of 2022. The global business is projected to witness a growth rate of 7.6% over the forecast period of 2022 and 2029. Rising demand for eco-friendly and advanced coatings coupled …
Future Market Insights (FMI) has anticipated the demand of waste-derived pyrolysis oil to witness a year over year growth of 4.4% in 2022 reaching a value of about US$ 330.8 Mn by the end of 2022. The global business is projected to witness a growth rate of 4.7% over the forecast period of 2022 and 2029. Waste-derived …
Expanding at a CAGR of 4.6% the global sales of silica sand for glass making is expected to increase from a valuation of US$ 5,154.8 Mn in 2021 to US$ 7,411.7 Mn by the end of 2029. The global silica sand market for glass makingis highly influenced by demand for glass from the food & beverage industry, as a majority of manufacturers pack alcoholic …
Increasing automotive sales across the globe and the rising focus on improving the aesthetic appearance of vehicles are expected to push sales in the automotive appearance chemicals market. Considering this, Future Market Insights (FMI) has projected the market size to top US$ 41.7 Bn in 2031. Demand in the market is expected to increase at 4.9% CAGR …
Future Market Insights (FMI) has anticipated the demand of mining lubricants to witness a year over year growth of 3.1% in 2022 reaching a value of about US$ 2,289.4 Mn by the end of 2022. The global business is projected to witness a growth rate of 3.4% over the forecast period of 2022 and 2030. Manufacturers are working on product differentiation …
As per Future Market Insights (FMI), the global elemental sulphur market will total US$ 6.27 Bn in 2021. The demand for elemental sulphur is expected to grow by 3% CAGR between 2021 and 2031. The report projects the total volume sold in the market to total 106 Mn Tons by 2031. Demand for elemental sulphur slumped to …
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Ascending demand from key end-use industries such as paper & pulp, building & construction, textile, and wood is projected to primarily drive demand for bamboos. The global bamboos market would progress at a high double-digit CAGR during 2022 – 2029, reaching a mark of US$ 12 Bn in 2029, as projected by a new Future Market Insights (FMI) …
Precipitated silica is witnessing increased traction from various end-use industries such as automobiles, cosmetics, construction, electronics, and agriculture. Investment in infrastructure, coupled with increasing disposable income will further the demand of precipitated silica used in manufacturing paints, coatings, cosmetics, and oral care products. Global precipitated silica market revenues will reach US$ 5.9 Bn by 2029 supported by …
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