The global tantalum market is projected to reach a valuation of US$321.9 million in 2023, with sales expected to steadily increase at a rate of 4.9% to reach US$ 519.3 million by 2033. Tantalum, a transition metal composed of elements such as indium, lithium, molybdenum, and niobium, exhibits exceptional properties including a high melting point …
Category Archives: Chemical Insights
Quinoline Market Eyes Anticipated Growth, Projecting US$ 498.1 Million Valuation by 2033, with a CAGR of 3.5%
According to the latest analysis from FMI, the global quinoline market is projected to achieve a valuation of US$ 353.1 million by 2023. The market is expected to witness moderate growth, with a 3.5% increase, reaching US$ 498.1 million by the end of 2033, driven by rising demand from various application segments. Quinoline, also known …
Lignin Waste Market Forecasts Steady Growth, Predicting US$ 1475.56 Million by 2032, with a CAGR of 6.2%
The lignin waste market has shown promising growth, with a value of US$ 801.81 million in 2022, expected to reach US$ 1475.56 million by 2032. This growth trajectory reflects a steady 6.2% CAGR from 2022 to 2032. Lignin, a natural organic compound found in wood and plant cells, serves as a crucial binder, contributing to …
Flame Retardant Industry Anticipates Surpassing US$ 13.6 Billion by 2034, with a CAGR of 5.6%
The flame retardant market is estimated to reach a valuation of US$ 7.9 billion in 2024.The demand for flame retardant is anticipated to expand at a CAGR of 5.6% through 2034. The industry is projected to surpass US$ 13.6 billion by 2034. The flame retardant industry is propelled by stringent safety regulations across various sectors, …
Rise of Bio Plastic Market: Fulfilling the Demand for Lightweight and Eco-Friendly Products
One of the major factors contributing to the growth of the bio-plastic market is the reduction in greenhouse gas emissions. Bio-plastics often have a lower carbon footprint compared to traditional plastics, contributing to efforts to reduce greenhouse gas emissions and combat climate change. The bio-plastic market is poised for substantial growth, with a projected value …
Embracing Sustainability: The Driving Force Behind the Booming Coated Fabrics Market
The coated fabrics market continues to witness steady growth globally, driven by the increasing demand from various end-use industries such as automotive, construction, healthcare, and aerospace. Coated fabrics offer enhanced durability, resistance to weather conditions, and customization options, making them a preferred choice across diverse applications. The coated fabrics market is set to achieve a …
Sulphur Bentonite Industry Forecasts 4.7% CAGR Growth, Reaching US$ 363.4 Million by 2033
In 2018, the sulphur bentonite industry had a value of US$ 191.5 million. In 2023, the market is anticipated to generate US$ 228.7 million. The assessment period, 2023 to 2033, is projected to have a 4.7% CAGR in global demand. By the end of 2033, a market worth US$ 363.4 million is anticipated to exist. Improved agricultural …
Countertop Industry Forecasts 4.9% CAGR Growth, Valuation of US$ 1,97,478.28 Million by 2033
The global countertop industry value is expected to rise from US$ 1,22,395.22 million in 2023 to US$ 1,97,478.28 million by 2033. This estimated growth is expected to be driven by an average CAGR of 4.9% in the countertop market over the next decade. An increase in residential projects is expected to propel the sales of kitchen sink countertops. Additionally, the surging trend of …
Artificial Turf Industry Anticipates Global Sales at US$ 10,120 Million by 2033, with a CAGR of 8%
According to Future Market Insights, the artificial turf industry size is expected to reach US$ 4,671.82 million by 2023, and ultimately to US$ 10,120 million by 2033, growing at an 8% CAGR. A bocce ball court, tennis court, putting green, or patio are all ideal recreational areas for artificial turf. The surface is highly resistant to wear …
Silicon Tetrachloride Industry Forecasts Sales to Reach US$ 2,846.0 Million by 2027, with a CAGR of 4.5%
The global silicon tetrachloride industry sales is expected to create a valuation of about US$ 2,277.4 Million in 2022. The global business is further estimated to witness a considerable CAGR of 4.5% during the period of 2022 and 2027. Future Market Insights (FMI) has published a new research titled “Silicon Tetrachloride & Derivatives Market: Global Industry Analysis 2012 – …