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The glacial acetic acid industry is poised for promising growth at 6.5% CAGR over the duration of the forecast period (2019-2029). The market is majorly characterized by technological innovations aimed at diversifying the end-use applications of glacial acetic acid. Moreover, the production of acetic anhydride is augmenting the demand for glacial acetic acid. “Variegated end-use areas such …
The global sulphur hexafluoride industry is projected to amass a revenue of US$ 487.93 million by 2033 as opposed to US$ 288.37 million in 2023. The market is set to expand at a CAGR of 5.4% from 2023 to 2033. Escalating demand for electronic devices and electricity, as well as the increasing adoption of sulphur hexafluoride in …
Increasing use of transportation fuel is likely to have a direct impact on the demand for refinery catalysts, according to a recent report published by Future Market Insights (FMI). Catalytic processes are imperative for the production of transportation fuels such as gasoline, diesel, jet fuel and others from petroleum. The evolving composition of transportation fuel …
The projected growth rate of the ammonium phosphate industry is approximately 3.3% over the course of the forecast period (2019 to 2029). The demand from the fertilizers segment remains steady and even surges in emerging economies. Other end-use industries such as electronics and optics are complementing the growth of the ammonium phosphate market. Stringent regulatory norms …
The global feldspar industry is expected to grow at a CAGR of 5.5% over the forecast period from 2019 to 2029. Increasing demand for glass and ceramic products, fillers in the paint industry, and coatings for welding rods are the major factors augmenting the feldspar market. In addition, the rising need for electronics and an increasing …
As per Future Market Insights’ latest industry analysis, the paraffin wax industry size is expected to see a substantial CAGR of 5.7% and is projected to increase from US$ 9.2 billion in 2021 to US$ 15.98 billion by 2032. Due to their greater water resistance compared to packaging materials, paraffin wax market share is also anticipated to …
The global polyvinyl chloride industry will expand at 4.2% CAGR through 2029. As indicated in a new study by Future Market Insights (FMI), the market for polyvinyl chloride is largely influenced by increasing applications in automotive, packaging, and construction industries, to meet industrial, commercial, and household end-user needs. “Premier companies in the PVC industry are undertaking R&D …
Future Market Insights (FMI), a premier provider of market intelligence and consulting services certified by ESCOMAR, unveils a comprehensive analysis of the global fire rated cables market. This thriving market, valued at US$ 1,802.6 million in 2023, is poised to reshape fire safety strategies across industries. Fueled by a range of applications and expanding industrial …
