The surface disinfectant chemicals industry size is predicted to be worth US$ 3.9 billion in 2023, rising to US$ 5.8 billion by 2033. The demand is expected to grow at a significant CAGR of 4.1% during the forecast period. Leading manufacturers of surface disinfectant chemicals have a tonne of opportunities due to the advent of cutting-edge disinfection …
Category Archives: Chemical Insights
Market Trends: Salt Content Reduction Ingredients Industry Expected to Reach US$ 11,879.8 Million by 2033, with a CAGR of 9.3%
In 2023, the global salt content reduction ingredients industry is expected to be worth roughly US$ 4,882.1 million. The market is projected to expand at a robust 9.3% CAGR between 2023 and 2033, reaching a value of US$ 11,879.8 million by 2033. The increasing health concerns and awareness among consumers regarding the harmful effects of high salt …
Automotive Refinish Coatings Industry Outlook: Projected Growth to US$ 12.9 Billion by 2033, with a CAGR of 5.1%
The global automotive refinish coatings industry is expected to grow at a moderate CAGR of 5.1% from 2023 to 2033. The target market will reach a valuation of US$ 12.9 billion by 2033, rising from an estimated US$ 7.7 billion in 2023. As one of the largest industries in the globe, the automotive sector supplements the growth …
Market Forecast: Electrical Insulation Materials Industry to Reach US$ 20.28 Billion by 2033, with a CAGR of 6.6%
The electrical insulation materials industry is expected to increase from US$ 10.70 billion in 2023 to US$ 20.28 billion by 2033. Increasing Demand from the Electronics and Electrical Industries Electric motor insulation materials provide resistance to electric current. Electric motor insulation techniques include wire insulation, slot, and phase insulation, winding impregnation, sleeve insulation, and winding leads insulation. …
Industry Forecast: Automotive Fabrics Industry Expected to Reach US$ 52.78 Billion by 2033, with a CAGR of 3.6%
The automotive fabrics industry is anticipated to thrive at an average CAGR of 3.6% between 2023 and 2033. The market is expected to have a market share of US$ 52.78 billion by 2033 while it is likely to be valued at US$ 37.06 billion in 2023. The rising businesses producing upholstery for automobiles, the increased scope of …
Industry Forecast: Geosynthetics Industry Expected to Generate US$ 16,710.54 Million by 2033, with a CAGR of 10.1%
In 2023, the geosynthetic industry is projected to generate $15,177.60 million in revenue. In 2033, the market is expected to be valued US$ 16,710.54 million. It is anticipated that the market would expand at a rate of 10.1% between 2023 and 2033. With the use of geosynthetics, barriers can be built with exceptional efficiency, requiring less space …
Petroleum-Fuel Dyes and Markers Industry Forecast: Steady Growth Projected US$ 746.3 million by 2033, with a CAGR of 4.8%
As per the analysis conducted by Future Market Insight, it is anticipated that the global petroleum-fuel dyes and markers industry could achieve a substantial valuation of US$ 746.3 million by 2033. This remarkable growth is projected to be achieved at a CAGR of 4.8%. Comparing this estimated figure to the projected value of US$ 467 million for …
Future Outlook: Graphite Industry Predicted to Reach US$ 46,175.8 Million by 2033, with a CAGR of 6.1%
The net worth of the total value of graphite industry sold across all the countries in 2022 was nearly US$ 23,097.7 million. With a strong CAGR of 6.1% during the years from 2018 to 2022, the worldwide sales of graphite for industrial use have witnessed impressive growth. The realization of several new applications of graphite that emphasize …
Boron Carbide Industry: Market Valuation Set to Reach US$ 256.8 Million by 2033, with a CAGR of 5.3%
The global boron carbide industry was valued at US$ 136.7 million in 2018. By 2033, it is projected that the market for boron carbide would reach US$ 256.8 million. From 2023 to2033, the boron carbide market is anticipated to grow at a compound annual growth rate of 5.3%. Its estimated value would rise to US$ 153.9 million …
Market Trends: Friction Modifier Additives Industry Expected to Reach US$ 2,464.7 Million by 2033, with a CAGR of 3.2%
The historical period from 2018 to 2022 saw moderate expansion in the sales of friction modifier additives industry globally, with a CAGR of about 3.2%. This growth resulted from friction modifier additives being used more often across various new end-use sectors and industries. Traditionally, friction modifier additives find extensive application in aviation lubricants, aiding in better engine …