The medium voltage cable and accessories market is projected to reach approximately USD 51.3 billion in 2024, with sales expected to grow at a CAGR of 6.1% through 2034, ultimately surpassing a valuation of USD 93 billion by 2034. This market’s growth is primarily driven by rapid urbanization and industrialization, leading to an increased demand …
Category Archives: Chemical Insights
Dry Ice Market Expected to Surge to USD 4.46 Billion by 2034, Growing at a CAGR of 7.8% | FMI Reports
The dry ice market is anticipated to grow at an impressive CAGR of 7.8%, increasing from USD 2.09 billion in 2024 to USD 4.46 billion by 2034. The expanding healthcare sector and biomedical field necessitate efficient storage and transportation of surgical instruments, medical apparatus, and biomedical specimens, driving demand for dry ice and fueling market …
Renewable Naphtha Market Projected to Reach USD 1,698 Million by 2033, Growing at a CAGR of 13.7% | FMI Reports
According to Future Market Insights, the renewable naphtha market is projected to be worth USD 466.58 million in 2023 and USD 1,698 million by 2033, with a CAGR of 13.7%. The rising adoption of fuel blending practices to comply with new fuel composition regulations is expected to drive demand for renewable naphtha. Refineries are increasingly …
Industrial Cleaning Solvent Market Predicts USD 2.0 Billion Valuation by 2034, with a CAGR of 4.8% | FMI Reports
The global industrial cleaning solvent market is positioned for significant growth, with a projected value of USD 1.3 billion by 2024. Anticipated to grow at a Compound Annual Growth Rate (CAGR) of 4.8% from 2024 to 2034, the sales of industrial cleaning solvents are forecasted to reach USD 2.0 billion by 2034. This growth trajectory …
Flame Retardant Market Insights: Forecasting USD 13.6 Billion Industry by 2034, with a CAGR of 5.6% | FMI Reports
The flame retardant market is on track to achieve a valuation of USD 7.9 billion by 2024, with expectations of a robust expansion at a Compound Annual Growth Rate (CAGR) of 5.6% through 2034, reaching beyond USD 13.6 billion by that year. Stringent safety regulations, particularly in sectors like construction, automotive, and electronics, are major …
Epoxy Resin Market Outlook Positive: Forecasting USD 24 Billion Industry by 2034, Growing at 5.7% CAGR | FMI Reports
The epoxy resin market is poised to exceed USD 13.8 billion by 2024, with projections reaching USD 24 billion by 2034. Expectations suggest a robust Compound Annual Growth Rate (CAGR) of 5.7% during the period from 2024 to 2034. Epoxy resins find extensive applications in the electronics and electrical sectors, safeguarding delicate electronic components against …
Water and Wastewater Treatment Chemicals Market Poised for Expansion: Anticipated Valuation of USD 60,541.2 Million by 2034, with a CAGR of 4.6%
The report titled “Global Water and Wastewater Treatment Chemicals Market – Size and Forecast to 2034” marks the second publication by the Ireland-based competition intelligence research firm FMI. Renowned for its thorough tracking of competition developments in the chemical sector, FMI provides a comprehensive assessment of company rankings based on multivariate parameters. Within the chemical …
Encapsulant Market Poised for Expansion: Expected Valuation of US$ 9.5 Billion by 2034, with a CAGR of 8.7% | FMI Reports
The encapsulant market is poised to reach a valuation of USD 4.1 billion by 2024, with an estimated market worth of USD 9.5 billion by 2034, projecting a notable CAGR of 8.7%. This market plays a pivotal role across various industries, including electronics, automotive, and renewable energy. Encapsulants serve as crucial materials utilized to safeguard …
Energy Recovery Ventilator Core Market Set for Expansion: Projected Valuation of USD 2.5 Billion by 2034, with a CAGR of 8.1% | FMI Reports
The global energy recovery ventilator core market is poised to reach a valuation of USD 1.1 billion by 2024, fueled by partnerships with energy service companies. This trend is set to unlock new avenues for market growth, with a projected CAGR of 8.1% between 2024 and 2034, culminating in a total valuation of around USD …
Growth Anticipated in Phosphorus Enriched Organic Manure Market: Expected to Attain USD 6,347.6 Million by 2034, with a CAGR of 6.5% | FMI Reports
The global phosphorus-enriched organic manure market is expected to grow significantly, with its value increasing from USD 3,382.9 million in 2024 to USD 6,347.6 million by 2034. This growth corresponds to a CAGR of 6.5% over the forecast period. The rising demand for environmentally friendly organic products is driving the market for phosphate-rich organic manure …