The metalworking fluids industry is predicted to be valued at USD 10 billion in 2023 and US$ 15 billion by 2033. Over the projection period, sales in the metalworking fluids market are expected to increase at a CAGR of 4.1%. A significant opportunity lies in the development of bio-based metalworking fluids. With the increasing emphasis on …
Category Archives: Chemical Insights
Liquid Silicone Rubber Industry Forecast: Market Valued at USD10.1 Billion by 2033, Growing at 3.9% CAGR
The liquid silicone rubber industry is expected to hold a valuation of USD 6.9 billion in 2023. The market is expected to witness a 3.9% from 2023 to 2033. By 2033, the value is expected to cross USD 10.1 billion. The liquid silicone rubbers are equipped with the ability to perform under a wide range of …
Multi-Cloud Networking Market Set to Skyrocket: Projected Growth to US$ 32.4 Billion by 2034
By 2034, the multi-cloud networking industry is expected to have grown from its 2024 valuation of US$4.2 billion to US$32.4 billion. Over the course of the projected period, the market is anticipated to grow at a CAGR of 22.8%. Globally, multi-cloud networking solutions are becoming more and more popular. This may be explained by a …
Chloroprene Rubber Market Outlook: Forecast to Hit USD 1,690.02 Million by 2032, with a Steady CAGR of 4.6%
The global chloroprene rubber market is expected to grow at a steady CAGR of 4.6% during the forecast period, with its current market value standing at USD 1,077.89 million in 2022. By 2032, this market is projected to reach USD 1,690.02 million, up from a historical valuation of USD 1,030.49 million, as reported by Future …
Aromatic Polyamine Market Outlook: Forecast to Hit USD 1.97 Billion by 2032, with a Steady CAGR of 4.5%
The global aromatic polyamine market is projected to generate revenue of USD 1.27 billion in 2022 and is anticipated to reach USD 1.97 billion by 2032, expanding at a CAGR of 4.5%. Population growth and rising disposable incomes are driving increased demand for aromatic polyamines, contributing to the higher consumption of luxury goods and flavorful …
Future Outlook: Styrene Butadiene Rubber Industry Poised to Hit USD 19.7 Billion by 2034, with a CAGR of 5.5%
The global styrene butadiene rubber industry is anticipated to create an absolute dollar opportunity by exhibiting a healthy CAGR of 5.5% between 2024 and 2034. The market is expected to reach USD 11.5 Billion by 2024 and is anticipated to surpass USD 19.7 Billion by 2034. As per the historic analysis of FMI, styrene-butadiene rubber sales grew …
Plant Sterol Esters Industry Anticipates Significant Growth, Aiming for USD 1,180.4 Million by 2027, with a CAGR of 6.8%
According to the newly published report by Future Market Insights, plant sterol esters industry is expected to be valued at USD 851.4 Million in 2022 and is likely to increase and to reach USD 1,180.4 Million in 2027, expanding at a robust CAGR of 6.8% during the projected period. In terms of volume, the market is …
Market Forecast: Electronic Board Level Underfill Materials Industry to Exceed USD 548.3 Million by 2033, with a CAGR of 5.3%
In 2023, the global electronic board level underfill material industry is anticipated to be worth USD 327.2 million. Between 2023 and 2033, sales of electronic board level underfill materials are projected to rise at a 5.3% CAGR, exceeding a worth of USD 548.3 million by 2033. The electronic board level underfill material industry is driven by …
Carboxymethyl Cellulose Industry Forecast: Projected to Reach USD 3,073.5 Million by 2033, with a CAGR of 4.8%
The global sales of carboxymethyl cellulose industry increased at an average annual growth rate of around 4.5% over the historical period from 2018 to 2022. The net worth of the total quantity of carboxymethyl cellulose sold globally in 2022 was valued at over USD 1,835.10 million. The market value is predicted to increase to USD 1,923.2 …
Market Projections: Molybdenum Industry Set to Hit USD 500 Billion by 2033, with a CAGR of 4.7%
The molybdenum industry size is projected to be valued at USD 316.0 billion in 2023 and is expected to rise to USD 500 billion by 2033. The sales of molybdenum are expected to grow at a significant CAGR of 4.7% during the forecast period. Given its high electrical conductivity, molybdenum is increasingly being used in electronics, …