In 2024, the bromine derivative industry is valued at USD 7,292.20 million, marking significant growth from USD 4.57 billion in 2023. Projected to grow at a CAGR of 5.10% from 2024 to 2034, the market is expected to reach USD 12,037.00 million by 2034. The demand for bromine derivatives has surged in global manufacturing due …
Category Archives: Chemical Insights
Growth Projection: Engineering Plastic Industry Anticipates USD 216,458.83 Million Valuation by 2033, with a CAGR of 7.2% | FMI Reports
The engineering plastic industry is set to achieve substantial growth over the forecast period, projected to reach USD 108,000.92 million by 2023, up from USD 101,000.57 million in 2022. With a robust CAGR of 7.2% from 2023 to 2033, the market is anticipated to reach USD 216,458.83 million by 2033. This growth is primarily driven …
Sulphur Coated Urea Market Projected to Reach USD 1,453.0 Million by 2032, with a CAGR of 3.3% Growth | FMI Reports
The global sulphur coated urea market is anticipated to exhibit a steady CAGR of 3.3%, with its valuation rising from USD 1,050.20 million in 2022 to USD 1,453.0 million by 2032. This growth is driven by the diverse applications of sulphur in industries such as agriculture, golf courses, professional lawn care, turf, and greenhouses. According …
Driveline Additive Market Forecast to Achieve USD 15.2 Billion by 2033, Growing at a Steady 5.1% CAGR | FMI Reports
The driveline additive market is estimated to be worth USD 9.3 billion in 2023 and is projected to reach a valuation of USD 15.2 billion by 2033. Between 2023 and 2033, the market is expected to grow at a CAGR of 5.1%. The driveline additive market is anticipated to outpace the growth of conventional lubricant …
Global Ammonium Sulphate Market Set to Achieve USD 6.18 Billion by 2032, Growing at 7.5% CAGR | FMI Reports
A recently published study by FMI anticipates the global ammonium sulfate market to grow at a 7.5% CAGR from 2022 to 2032, reaching a valuation of USD 6.18 billion by the end of this period. The increasing demand for ammonium sulfate is primarily driven by its extensive use in the agricultural sector. Additionally, its applications …
Corrosion Protection Coating and Acid Proof Lining Market to Hit USD 83,434.92 Million by 2033, Growing at 5.7% CAGR | FMI Reports
The global corrosion protective coating and acid proof lining market is projected to reach USD 47,928.96 million by 2023, with sales expected to grow at a steady CAGR of 5.7% from 2023 to 2033, reaching USD 83,434.92 million by 2033. This market growth is driven by significant advancements in corrosion protection technologies, increased industrial activity, …
Silicon Monoxide Market Projects USD 362 Million Valuation by 2034, Growing at 10.3% CAGR | FMI Reports
The global silicon monoxide market is projected to grow from a value of USD 135.8 million in 2024 to USD 362 million by 2034, with a CAGR of 10.3%. This growth reflects the widespread adoption of silicon monoxide across various industries globally. Increasing demand for electronic devices and components in sectors such as consumer electronics, …
1,6-Hexanediol Diacrylate Market Poised for Impressive USD 1 Billion Valuation by 2034, with a CAGR of 6.2% | FMI Reports
The global 1,6-hexanediol diacrylate market will reach a valuation of USD 584.1 million in 2024, attributed to the factors such as focus on cost optimization and process efficiency. The trend is set to create new opportunities for the market, leading to a projected CAGR of 6.2% between 2024 and 2034, and reaching a total valuation …
Agricultural Fumigant Market Sees Upward Trajectory, Valued at USD 2,830 Million by 2034, with a CAGR of 5.4% | FMI Reports
The agricultural fumigant market is experiencing a marked increase in valuation, with a growth from USD 1,190.0 million in 2019 to USD 1667.0 million in 2024. This growth is expected to continue, with an estimated valuation of USD 2,830 million for 2034 and a projected CAGR of 5.4% through 2034. This growth can be attributed …
Algae Treatment Chemical Market Set for USD 5,724.0 Million Valuation by 2034, with a CAGR of 5.5% | FMI Reports
According to Future Market Insights (FMI), the algae treatment chemical market value is forecast to increase from USD 3,238.8 million in 2024 to USD 5,724.0 million in 2034. Over the assessment period, global demand for the algae treatment chemical market is projected to surge at a CAGR of 5.5%. With growing worries about water contamination and the negative impacts of …