The global roofing material market size reached USD 141.1 billion in 2023. Over the forecast period 2024 to 2034, sales are anticipated to rise at 4.6% CAGR. The total market value is predicted to increase from USD 147.1 billion in 2024 to USD 231.1 billion by 2034. The global roofing materials market has witnessed significant growth in …
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Fertilizer Industry Drives Surge in Global Nitric Acid Demand, Multinationals Vie for Market Dominance
The demand for nitric acid is influenced by its role in the production of ammonium nitrate, which is used in manufacturing explosives. Furthermore, the increasing demand for nitric acid in the automotive industry, electronics, and agrochemical sectors is projected to drive its growth in the forecasted period. The global nitric acid market is anticipated to attain a …
Ceiling Tiles Industry Set to Surge: Expected to Reach US$ 14,389.2 million by 2033, Driven by Sustainability and Green Building Trends
The ceiling tiles industry size is expected to reach US$ 7,923.3 million by 2023 and US$ 14,389.2 million by 2033, growing at a 6.1% CAGR. The growth in the construction and building industry has stimulated ceiling tile manufacturers to prosper. Ceiling tiles are becoming more popular throughout the world due to an increasing emphasis on …
Elastomeric Coating Industry Forecast to Achieve USD 15760.5 million by 2034, Boosted by Construction Sector and Environmental Benefits
Future Market Insights (FMI) has estimated the industry of elastomeric coatings sales to witness a year-over-year growth of 5.7% in 2023 reaching a value of about USD 7874.8 million by the end of 2024. The global business is projected to witness a growth rate of 7.2% over the forecast period of 2024 and 2034. Rising demand for eco-friendly and advanced coatings …
Silica Sand for Glass Making Market Set to Surpass US$ 8.5 billion by 2033: Industry Growth Fueled by Construction Boom
The silica sand for glass making industry is expected to record a CAGR of 4.1% between 2023 and 2033. The market is expected to be valued at US$ 5.7 billion in 2023. By 2033, the estimation is projected to cross US$ 8.5 billion. The surging construction sector is expected to increase the demand for silica sand for …
E-commerce Drives Expansion: Online Retailing Revolutionizes Accessibility of Car Care Products, Fuels Automotive Appearance Chemical Market Growth
The global automotive appearance chemicals market is projected to have a high-paced CAGR of 4.9% during the forecast period. The current automotive appearance chemicals market valuation is USD 31.2 billion in 2024. The value of the automotive appearance chemicals market is anticipated to reach a high of USD 50.4 billion by 2034. Increased ownership of both …
Explosive Growth Anticipated: Mining Lubricant Market Set to Surge with a Projected 5.40% CAGR by 2034
Growing investments in Asia Pacific are likely to offset subdued growth in key markets, with the coal and iron ore mining sector driving demand. Future Market Insights, in its incisive study on the mining lubricants industry, opines that the market is slated for 5.40% growth through the forecast period (2024 to 2034). FMI has projected …
FMI Predicts Robust Growth for 2-EthylHexyl Acetate Market, Projecting US$ 783.6 Million Valuation by 2029
The global sales are anticipated to witness a considerable CAGR of 4.6% during the period of 2022 and 2029. Future Market Insights (FMI) has forecast the 2-EthylHexyl acetate market to grow with a year-on-year growth of 4.5% in 2022 reaching a value of about US$ 8.5 Million by 2022 end. High boiling point and good …
N-Propyl Acetate Market to Hit US$ 744.83 million by 2033 with a 5.40% CAGR: Key Trends and Growth Opportunities
Over the projection period, the n-propyl acetate industry is expected to surge at a CAGR of 5.40%. The industry is predicted to be valued at US$ 440.2 million in 2023 and US$ 744.83 million by 2033. This emphasis has sparked increased demand for eco-friendly solvents, positioning n-propyl acetate as a viable alternative due to its lower toxicity and environmental compatibility. The resurgence of …
Surging Demand in Paints, Cleaners, and Cosmetics Fuels Propanol Market Growth to US$ 3,878.6 Million by 2029: FMI Report
The global propanol market is estimated at US$ 3,099.4 Million in 2022 and is projected to experience steady growth during the forecast period of 2022 to 2029. East Asia will see the most opportunities for manufacturers over the period of forecast, with pharma- and electronic-grade isopropanol experiencing increasing sales. Growing utilization of propanol as a direct solvent …