The synthetic cinnamaldehyde industry surged to USD 284.2 million in 2022 and is expected to maintain robust growth, reaching USD 556.2 million by 2033, with an anticipated compound annual growth rate (CAGR) of 6.7% from 2023 onwards. This growth is primarily driven by its extensive use in the flavor and fragrance industries, as well as …
Category Archives: Chemical Insights
Platinum Nanoparticles Industry Valuation: Projected to Achieve USD 437 Million by 2033, with a CAGR of 4.4% | FMI Reports
The global platinum nanoparticles industry is projected to maintain a steady growth trajectory, with a forecasted compound annual growth rate (CAGR) of 4.4%, aiming to reach USD 437 million by the end of 2033. As of 2023, the market has already shown promising growth, valued at USD 284.1 million. Platinum nanoparticles play a crucial role …
Forecasting Expansion: Global Renewable Polyethylene Industry to Achieve USD 5,082 Million by 2033, with a CAGR of 18% | FMI Reports
The global renewable polyethylene industry is poised for significant growth, with an anticipated compound annual growth rate (CAGR) of 18%, projecting to reach a market value of USD 5,082 million by 2033. Several key factors drive this growth: Increasing Environmental Awareness: Heightened concerns about climate change and environmental degradation are driving demand for sustainable materials. …
Acetal Copolymers Industry Expected to Reach USD 1,242.77 Million by 2033, with a CAGR of 7.9% | FMI Reports
The global acetal copolymers industry is forecasted to grow at a CAGR of 7.9%, reaching USD 1,242.77 million by the end of 2033. In 2023, the market is anticipated to reach USD 581 million. Acetal copolymers are prized for their lightweight properties and high strength-to-weight ratio, making them highly suitable for diverse industries, including aerospace …
Tire Cord Industry Expected to Reach USD 15.7 Billion by 2033, with a CAGR of 7.8% | FMI Reports
The global tire cord industry is projected to achieve a remarkable CAGR of 7.8%, reaching a market value of USD 15.7 billion. Several key factors contribute to this growth: Rising global population, particularly in developing nations, is increasing the demand for vehicles. This uptick in vehicle ownership is consequently boosting the demand for tires and …
Isooctyl Alcohol Industry Set to Grow to USD 338.8 Million by 2033, Driven by 3.7% CAGR | FMI Reports
The global isooctyl alcohol industry is forecasted to reach USD 338.8 million by 2033, with a compound annual growth rate (CAGR) of 3.7%. By 2023, sales of isooctyl alcohol are expected to reach USD 235.6 million. Isooctyl alcohol serves as a crucial lubricant in various applications, prominently within the automotive and industrial sectors. The increasing …
Projected Growth: Recycled Concrete Aggregates Market to Hit USD 19,500.1 Million by 2033, with a CAGR of 8.0% | FMI Reports
The global market for recycled concrete aggregates is poised to grow at a CAGR of 8.0% throughout the forecast period, expanding from USD 9,053.7 million in 2023 to USD 19,500.1 million by 2033. Key drivers of this growth include the increasing adoption of sustainable construction practices and the rising demand for eco-friendly building materials. As …
Road Marking Paints & Coatings Market to Reach USD 2,899.8 Million by 2033, with a CAGR of 4.3% | FMI Reports
Plastic Market Forecasted to Achieve USD 1050 Billion Valuation by 2033, with a CAGR of 4% | FMI Reports
Dry Ice Market Forecasted to Achieve USD 4.46 Billion Valuation by 2034, with a CAGR of 7.8% | FMI Reports
The dry ice market is poised to grow significantly, with a projected CAGR of 7.8%, increasing from USD 2.09 billion in 2024 to USD 4.46 billion by 2034. The healthcare sector and biomedical field are driving demand for dry ice due to the need for efficient storage and transportation of surgical instruments, medical apparatus, and …