The paint additive sector is undergoing significant transformation, driven by technological advancements and a growing emphasis on sustainability. As industries increasingly prioritize eco-friendly practices and high-performance products, the demand for innovative paint additives is on the rise. The global paint additive market is expected to grow from USD 10,096.6 million in 2024 to USD 15,840.4 million by …
Author Archives: Varsha Patil
Coating Additives Industry Set for Steady Growth with 4.8% CAGR, Reaching USD 17.77 Billion by 2033
The global coating additives industry is witnessing significant growth as industries increasingly focus on enhancing the performance and aesthetics of their coatings. From improving durability and gloss to ensuring environmental compliance, coating additives play a vital role in diverse applications across automotive, construction, industrial, and decorative sectors. This press release explores the key aspects of …
Robust Growth in the Synthetic Leather Industry: Key Drivers and Market Outlook
The global synthetic leather industry is projected to experience robust growth, with a compound annual growth rate (CAGR) of 6% over the forecast period. This expansion is expected to propel the market to a valuation of USD 50.01 billion by 2033. The increasing demand for eco-friendly and cost-effective alternatives to genuine leather, coupled with advancements …
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Elemental Sulfur Market Set to Reach USD 9.1 Billion by 2033, Driven by Agriculture and Chemical Industry Demand
The global elemental sulfur market is gaining significant momentum, with its valuation projected to grow from USD 6,667 million in 2023 to approximately USD 9,135.4 million by 2033, registering a CAGR of 3.2% over the forecast period. The demand for elemental sulfur, a crucial component in various industrial applications such as fertilizers, chemicals, and …
Bamboo Industry Booms: A Sustainable Revolution with 10.9% CAGR Growth to 2034
The bamboo industry is experiencing remarkable growth, with demand projected to surge at a compound annual growth rate (CAGR) of 10.9% between 2024 and 2034. This growth is driven by the increasing consumer preference for sustainable and eco-friendly materials, as well as the versatile applications of bamboo across various industries, including construction, textiles, and furniture. By 2034, …
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Glass Substrate Market: Innovations Driving Growth Amid Challenges in Advanced Applications
The global glass substrate market size is poised for significant growth, reaching USD 2.3 billion in 2024. The demand for glass substrate is envisioned to witness a strong CAGR of 5.9% from 2024 to 2034. By 2034, the market revenue for glass substrate is anticipated to attain a valuation of USD 4.2 billion. The …
Concrete Fiber Industry: Driving Sustainable Growth and Innovation in Modern Construction
The global concrete fiber industry is projected to reach a valuation of USD 2,177 million in 2024 and is poised for significant growth over the next decade. Driven by increasing demand for durable and high-performance construction materials, the market is expected to expand at a robust CAGR of 9.7% from 2024 to 2034. By the …
Composite Door and Window Market: Expected to Double to USD 1.7 Billion by 2034 with a 7.4% CAGR
The composite door and window market is anticipated to be valued at USD 0.83 billion by 2024. The market valuation is estimated to be USD 1.7 billion by 2034, projected at a CAGR of 7.4%. The increasing demand for energy-efficient building materials is one of the primary drivers. Composite doors and windows offer superior thermal …
Glycolic Acid Industry: Projected to Reach USD 782.9 Million by 2034, Driven by Expanding Cosmetic and Industrial Applications
In 2024, the global Glycolic Acid Industry size is estimated at USD 499.4 million. By 2034, the market is forecasted to grow to USD 782.9 million, reflecting a CAGR of 4.6%. This growth is not limited to the cosmetics industry; glycolic acid also finds applications in industrial settings such as textiles, polymers, and cleaning agents. The …
Flat Steel Industry: Projected to Reach USD 1,037 Billion by 2034, Growing at a 5.9% CAGR
Future Market Insights (FMI) projects that the global flat steel industry will grow to be worth USD 1037 billion by 2034 and USD 586 billion in 2024. By 2034, the market is expected to grow at a CAGR of 5.9%. The global flat steel market is anticipated to expand due to factors like industrialization, urbanization, rising middle-class disposable income …