The polyurethane precursor industry is expected to be worth US$ 80,216.2 Million by the end of the forecast period. The market is anticipated to witness a considerable growth rate of 5.6% over the forecast period. Polyurethane is mainly made of three precursors namely- polyols, additives, and isocyanates. Precursors are like raw materials which are used in …
Category Archives: Chemical Insights
Rising Demand for Styrene Propels Global Ethylbenzene Market: Forecasted 3.5% CAGR Projects Market Growth to US$ 31 Billion by 2032
The global ethylbenzene industry is expected to secure US$ 31 Billion while exhibiting a 3.5% growth rate during the forecast period. The market is estimated at US$ 21.3 Billion in 2021 and US$ 21.9 Billion in 2022. The growth of the market can be attributed to the extensive usage of ethylbenzene for the production of styrene. The increasing use of ethylbenzene in end-use industries such as …
Refinery Catalyst Market Poised for 4.6% CAGR Growth till 2030, Asia Pacific Leads the Charge with 5.7% Value CAGR, Reveals Future Market Insights
Increasing use of transportation fuel is likely to have a direct impact on the demand for refinery catalyst, 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. Evolving composition of transportation fuel composition …
Molybdenum Disilicide Market Surges to US$ 8.5 Billion in 2032, Fueled by Rising Applications Across Key Sectors, Forecasts FMI
The global molybdenum disilicide industry is poised for substantial growth, with an anticipated valuation of US$ 8.5 billion by 2032, representing a robust CAGR of 7.2% from 2022 to 2032. This growth trajectory is driven by a shifting preference toward molybdenum disilicide over alternative compounds like polysilicon. Currently valued at US$ 4.1 billion in 2022, the market …
Global Floor Screed Market Surpasses US$ 14,231.7 Million Milestone, Set to Soar with 6.0% CAGR Towards a US$ 25,610.9 Million Future by 2034
The global floor screeds industry size is anticipated to create an absolute dollar opportunity throughout the forecast period from 2024 to 2034 by registering a CAGR of 6.0%. The global market is expected to surpass a valuation of around US$ 25,610.9 Million by 2034. The rapid expansion of the building and construction industry across the globe …
Aviation Titanium Alloy Market Expected to Reach US$ 8.01 Billion by 2033, Driven by Titanium’s Lightweight and Strong Characteristics
The aviation titanium alloy industry is anticipated to expand its roots at an average CAGR of 6.9% between 2023 and 2033. The market is expected to have a market share of US$ 8.01 billion by 2033 while it is likely to be valued at US$ 4.11 billion in 2023. The enhanced and strong structure of aircraft such …
Trichloroisocyanuric Acid (TCCA) Sales Expected to Exceed US$ 3,038.5 Million by 2033, Driven by Expanding Applications in Bleaching, Disinfection, and Textile Sector Integration
By the end of 2033, it is expected that the size of the global Trichloroisocyanuric Acid (TCCA) industry will exceed US$ 3,038.5 million. In 2023, it is anticipated to amount to US$ 2,052.7 million. A CAGR of 4.0% is predicted for the market between 2023 and 2033. In 2022, it saw y-o-y growth at a rate of …
Rising Demand for Veneered Panels in the United Kingdom Driven by Booming Furniture and Construction Sectors Signals Lucrative Growth Trajectory, Forecasts US$ 495.5 million Market Value by 2033
According to Future Market Insights (FMI), the United Kingdom veneered panel industry size is forecast to expand from US$ 276.7 million in 2023 to US$ 495.5 million by 2033. Total sales of veneered panels across the United Kingdom are projected to rise at 6.0% CAGR from 2023 to 2033. The rising usage of veneered panels across thriving …
Porous Ceramics Market Set to Soar, Projected to Hit US$ 7,812.3 Million by 2033, as Demand Surges for High-Quality Medical Equipment
The porous ceramics industry size is predicted to be worth US$ 4,084.5 million in 2023 and rise to US$ 7,812.3 million by 2033. Demand was initially expanding at a market CAGR of 4.5% between 2018 and 2022. Demand for porous ceramic filtration products is anticipated to rise as a result of the industrial sector’s use of filtration …
Battery Electrolytes Market Projected to Reach US$ 8.4 Billion by 2033, Fueled by Surging Demand in Electric Vehicles and Renewable Energy
The increasing demand for lithium-ion batteries and increased awareness about renewable energy sources are driving market growth. The global battery electrolytes industry size is likely to be valued at US$ 4 billion in 2023. The market is estimated to garner US$ 8.4 billion by 2033, recording a CAGR of 7.7% from 2023 to 2033. Factors …