The pearlescent pigment industry is forecast to experience a growth of 4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 3,745.8 million in 2023. Manufacturers of automotive and industrial coatings are opting for pearlescent pigment for their aesthetic brilliance and exclusivity, thus enhancing the …
Category Archives: Chemical Insights
Fatty Amine Industry Anticipates Growth: Forecasting 4.9% CAGR, Projected Market Size of US$ 4,955.9 Million by 2033
The fatty amine industry was estimated to be worth US$ 2,940.1 million in 2022. Demand is expected to be worth US$ 3,081.3 million by 2023. From 2023 to 2033, the market is predicted to grow at a 4.9% CAGR and reach US$ 4,955.9 million by 2033. The increased demand for fatty amine as a corrosion inhibitor, water softener, and scale dispersant is one of the …
UV Tapes Industry Anticipates Growth: Forecasting 8.8% CAGR, Projected to Reach US$ 1,297.9 Million Market Value by 2033
The global UV tapes industry is estimated to be valued at US$ 558.4 million in 2023 and is anticipated to reach US$ 1,297.9 million by 2033. The market is estimated to secure a CAGR of 8.8% during the forecast period. The Popularity of UV Tapes Upsurge the Global Market The demand for UV tapes is a significant …
Asia Textile Chemicals Industry: Projected to Achieve 6% CAGR, Reaching US$ 24,600 Million by 2033
As per the recent asia textile chemicals industry analysis report released by FMI, following a growth of 7.4% during the period covering 2017 to 2022, the present valuation of the overall market has reached nearly US$ 14,200 Million in 2023. The Asia textile chemicals market is expected to develop at a rate of 6% from 2023 to …
Coated Fabrics Industry: Fueled by Growing Building & Construction Sector, Predicted to Reach US$ 73.8 Billion by 2033 with 5.0% CAGR
The global coated fabrics industry size is anticipated to reach a valuation of US$ 45.3 billion in 2023, driven by rising eCommerce platforms and online retailing. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 5.0% between 2023 and 2033, and reaching a total valuation of approximately US$ 73.8 …
Bioplastic Industry: Poised to Reach US$ 1,353.3 Billion by 2033, Expected Surge at 30.2% CAGR
The global bio-plastic industry is anticipated to reach a valuation of US$ 96.6 billion in 2023, driven by consumer education and awareness. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 30.2% between 2023 and 2033 and reaching a total valuation of approximately US$ 1,353.3 billion by 2033. One …
Biobased Biodegradable Plastic Industry Anticipates Significant Growth: Expected to Reach US$ 13.6 Billion by 2033 with 10% CAGR
The biobased biodegradable plastic industry is expected to be valued at US$ 5.2 billion in 2023. The market is predicted to expand at a 10% CAGR from 2023 to 2033, reaching US$ 13.6 billion by 2033. Growing public awareness of plastic waste and its negative environmental impact has increased the popularity of biobased biodegradable polymers. Customers and companies are looking for sustainable options that decrease …
Low Frequency Sound Absorbing Insulation Material Market Set to Reach US$ 205 Million by 2034, with Expected 2.1% CAGR
The global low frequency sound absorbing insulation material market was valued at US$ 160.7 million in 2023 and is anticipated to attain a valuation of US$ 205 million by 2034. The market is likely to develop at a 2.1% CAGR from 2024 to 2034, reaching a valuation of US$ 167 million in 2024. Low frequency sounds are a serious concern across important sectors like …
Fluorosilicone Release Coating Market Poised for Growth, Anticipated to Reach US$ 395.5 Million by 2034, with a CAGR of 4.9%
The global fluorosilicone release coating market value is forecast to increase from US$ 245.1 million in 2024 to US$ 395.5 Million by 2034. Over the assessment period, global demand for fluorosilicone release coatings will likely surge at a CAGR of 4.9%. Demand is expected to remain for high water-based fluorosilicone release coatings due to their eco-friendliness and low environmental effect. The target …
Lithium Ion Battery Dispersant Market Set to Reach US$ 3,045 Million by 2034, Predicted Growth Rate of 12.4%
The global lithium-ion battery dispersant market was valued at US$ 826.1 million in 2023 and is anticipated to attain a valuation of US$ 3045 million by 2034. The market is likely to develop at a 12.4% CAGR from 2024 to 2034, reaching a valuation of US$ 949.2 million in 2024. One of the primary drivers of the lithium ion battery dispersant is the …