Surge in offsite construction activities to reduce material wastage and achieve cost efficiency continues to primarily drive the demand for precast concrete. The global precast concrete market will grow at 5.3% CAGR during the forecast period (2020-2030), as projected by a new Future Market Insights (FMI) study. Infrastructure development in emerging countries such as India, Indonesia, China, …
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Potassium Chloride Market is expected to reach a valuation of US$ 16.5 Bn by 2030- FMI
Potassium chloride is used in various applications such as fertilizers in agriculture, deicing, water softening, and industrial applications. It is an important source of potassium nutrient in plants and animals. Increasing food demand in tandem with the rising population is expected to drive the potassium chloride market. The need for better yield per unit area of …
Magnesium Carbonate Minerals Market is projected to expand at a CAGR of 5% over the forecast period 2020-2030
Magnesium carbonate minerals are witnessing an upsurge in demand, owing to their application in multiple end-use sectors such as pharmaceuticals & personal care and construction. Magnesium carbonate minerals are used to produce raw materials that serve as refractory materials for steel, metallurgy, and ceramic industries. End users such as the chemical industry also use magnesium …
Thionyl Chloride Market is expected to reach a valuation of US$ 688 Mn by 2030- FMI
Thionyl chloride is used in various end-use industries such as agrochemicals, pharmaceuticals, dyes & pigments, and organic synthesis. Rising adoption of pesticides in developing countries and developments in the pharmaceutical industry are expected to drive the growth of the thionyl chloride market over the forecast period. Heightening concerns related to water treatment are likely to further …
Colloidal Silica Market is projected to expand at a steady 3.9% CAGR, reaching US$ 342.3 Mn by 2030
Colloidal silica is finding immense use in the electronics & semiconductor industry, wherein, it plays a critical role in the production of ultra-flat, uniform, and low detection surfaces for semiconductors. Moreover, colloidal silica is used as a rough surface remover and as a polishing additive. It is extensively used for electropolishing to remove microscopic layers …
Antimicrobial Car Care Products Market is set to expand at a robust CAGR of 7.3% during the forecast period of 2022-2030
Rising prevalence of antimicrobial and antiviral cleaning solutions coupled with adoption of advanced technologies in car care products are projected to shape the growth of antimicrobial car care products market. A new Future Market Insights (FMI) study suggests that the global antimicrobial car care market is set to expand at a robust CAGR of 7.3% during …
Chlorine Disinfectant Market Comprehensive Shares, Historical Trends And Forecast By 2030
Global chlorine disinfectant market revenues are poised to reach at over US$ 4 Bn by the end of forecast period, 2020 – 2030. Heightening concerns regarding the novel coronavirus (COVID-19) pandemic are triggering the need to maintain hygiene in healthcare and residential facilities. In line with this, global sales of chlorine disinfectant are set to soar promisingly …
Glacial Acetic Acid Market is poised for strong growth at approximately 6.5% CAGR during the projection period 2019-2029
Global glacial acetic acid market is poised for strong growth at approximately 6.5% CAGR during the projection period (2019-2029). Multifaceted applications such as vinegar, paints, pharmaceuticals, inks, and in food & beverages industry are propelling the growth of glacial acetic acid market. Food preservation segment in particular is the growth engine of the market, says a recent …
Chitosan Market is expected to rise at 14.3% CAGR between 2021 and 2031- FMI Study
Chitosan is a highly sought-after for application in the food and beverages, pharmaceutical, and other sectors due to its biocompatibility, low toxicity, and high percentage of amino groups that confer unique functionalities, such as antimicrobial activity and wound healing acceleration. According to a study by Future Market Insights (FMI), the chitosan market is forecast to reach a …
Propanol Market is projected to experience steady growth during the forecast period- FMI
Growing utilization of propanol as a direct solvent in paints and coatings, household & industrial cleaners, and others is expected to pave the way for its robust sales during the projected timeline. This is the main factor as to why the global propanol market is estimated at US$ 2.8 billion in 2019, and is projected to experience …