The global helium gas industry is projected to reach a valuation of USD 30.4 billion in 2024. With demand growing at a 5.1% CAGR, the market size will reach USD 46.8 billion by 2034. Helium is extensively used in the healthcare sector for various applications in recent days. Helium gas has physical and chemical characteristics such …
Category Archives: Chemical Insights
Stainless Steel Industry Anticipates 5.5% CAGR Growth, Envisions USD 215.89 Billion Market by 2033
According to Future Market Insight’s projections, the global stainless steel industry is anticipated to reach a remarkable milestone, with a value of US$ 215.89 billion by 2033. This projected value is substantially higher than its estimated worth of US$ 126.38 billion in 2023. This growth trajectory reflects a robust CAGR of 5.5%. Investments in infrastructure and housing …
Carbon Steel Industry Eyes Robust Growth, Targets USD 1,560.4 Billion Market Value by 2033, with a CAGR of 4.0%
The global carbon steel industry value is forecast to increase from US$ 1,050.8 billion in 2023 to US$ 1,560.4 billion by 2033. Over the assessment period, global demand for carbon steel is projected to surge at a CAGR of 4.0%. Low carbon steel segment is expected to dominate the global carbon steel industry during the assessment period. …
Bromine Industry Positioned for Growth, Projects USD 4.7 Billion Valuation by 2033, with a CAGR of 6.3%
The bromine industry is expected to be worth USD 2.53 billion in 2023 and USD 4.7 billion by 2033. Between 2023 and 2033, the market is expected to register a growth rate of 6.3%. Increased crop yields and modern agriculture have added to the need to store agricultural products for long periods, including vegetables, dried grains, …
Oxalic Acid Industry Eyes Impressive Growth, Predicts USD 1550 Million Valuation by 2033, with a CAGR of 4.9%
The global oxalic acid industry is expected to attain a valuation of US$ 960 million in 2023 and is anticipated to reach US$ 1550 million by 2033, trailing a CAGR of 4.9% during the forecast period. Oxalic acid plays a crucial role in various biological processes, impacting seed germination, calcium storage and regulation, iron balance, detoxification, structural …
Dolomite Industry Anticipates Surge in Demand, Projects Valuation of USD 5,487.1 Million by 2033, with a CAGR of 4.4%
According to forecasts, the dolomite industry is expected to be US$ 3,567.3 million in 2023 and US$ 5,487.1 million by 2033. Throughout the projection period, demand for low-carbon steel products is predicted to rise and support market expansion. Government-led fiscal stimulus is the main driver of the nation’s economic development, which boosts investor spending and company …
Sustainability in Focus: The Catalyst for Growth in the Corrosion Protective Coating and Acid Proof Lining Market
Corrosion poses a significant threat to industrial equipment, infrastructure, and assets, leading to substantial economic losses and safety hazards. In response to this challenge, the corrosion protective coating and acid-proof lining market has emerged as a critical component of industrial maintenance and safety strategies. This press release explores the key trends and innovations driving growth …
Embracing Sustainability: Antimicrobial Additives Market Reshapes Industry Landscape
In an era marked by heightened awareness of hygiene and infection prevention, the antimicrobial additives market has emerged as a critical player in various industries. From healthcare settings to consumer goods manufacturing, antimicrobial additives offer enhanced protection against harmful pathogens, contributing to safer and healthier environments. This press release delves into the key market trends …
Driving Towards a Greener Future: The Thriving Market for Automotive Plastics in BRIC Countries
The automotive industry is witnessing a transformative shift towards lightweight materials, and automotive plastics have emerged as a game-changer in this realm. With advancements in technology and material science, automotive plastics are revolutionizing vehicle design, production, and performance. This press release delves into the key market trends and innovations driving the automotive plastics industry …
Lithium Iodide Market Set to Reach US$ 151.5 Million by 2033, with 4.5% CAGR Forecasted
The global lithium iodide market is projected to reach a value of US$ 97.6 million in 2023, with expectations to grow to US$ 151.5 million by 2033, marking a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period. Historically, the market experienced a CAGR of 2.4% from 2018 to 2022. Factors such as …