The global N-methyl-2-pyrrolidone (NMP) industry value for the present year 2023 was estimated at around US$ 1.1 billion. Furthermore, the net worth of the total sales is expected to reach nearly US$ 2.1 billion by 2033. This potential growth is expected to be achieved by the market by attaining a CAGR of 6.2% between 2023 and …
Category Archives: Chemical Insights
Automotive Refinish Coatings Industry Aiming for US$ 12.9 Billion by 2033 with a 5.1% CAGR
The global automotive refinish coatings industry is estimated to develop at a moderate 5.1% CAGR from 2023 to 2033. The target market will be worth US$ 12.9 billion by 2033, up from an anticipated US$ 7.7 billion in 2023. The automotive refinish coatings market is expanding in part because to the automobile industry, one of the …
Chitin Industry Set to Reach US$ 5,746.2 Million by 2033 with a Strong 12.3% CAGR
According to Future Market Insight, the global chitin industry is likely to reach US$ 5,746.2 million by 2033, with a CAGR of 12.3%.This is a significant increase from the estimated value of US$ 1,801.3 million in 2023. Chitin is a sought-after substance in a number of industries due to its adaptability and distinctive features. It is used in a …
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Textile Auxiliaries Industry Aims for US$ 16,589.3 Million by 2032, Driven by a 5.2% CAGR
textile auxiliaries industry Scaling up from a value of US$ 9,491.1 Million in 2021 to an estimated US$ 9,992.4 Million in 2022, the global textile auxiliaries market is on a growth trajectory. By 2032, it is anticipated to be valued at US$ 16,589.3 million, with sales expected to increase steadily at a moderate CAGR of …
Precious Metal Plating Chemicals Market to Surge to US$ 2 Billion by 2027
The global precious metal plating chemicals industry is currently expanding and is predicted to reach a significant valuation by the conclusion of the assessment year in 2027. Future Market Insights’ new research report titled “Precious Metal Plating Chemicals Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” covers a detailed analysis of the global precious …
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Tire Materials Industry Rolling Towards 4% CAGR Growth, Reaching US$ 99.99 Billion by 2028
The tire materials industry is predicted to grow at a moderate 4% CAGR between 2022 and 2028, according to projections. The coronavirus outbreak has had a detrimental influence on the tire repair materials business. Short-term growth is being impeded by the stoppage of automobile production in several parts of the world, as well as a drop …
Colloidal Metal Particles Industry Aims for 8.1% CAGR Growth, Reaching US$ 32.3 Billion by 2028
FMI presents an in-depth analysis and key insights on the global colloidal metal particles market in its latest market study titled ‘colloidal metal particles industry: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028’. The global colloidal metal particles market has a promising long-term prognosis, with the market estimated to be worth US$ 20.2 billion …
Polymeric Sand Industry Targets US$ 165.36 Billion by 2028 with 7.0% CAGR
The global polymeric sand industry is predicted to rise steadily between 2022 and 2028, with an average annual increase of 7.0%. It is expected to exceed a total value of US$ 165.36 billion by 2028. In recent years, the construction industry has had a tremendous revival. This growth could be attributed to the rising use of Business …
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Car Wash Detergents and Soaps Industry Targets US$ 12,210.8 Million by 2028 with 5.1% CAGR Growth
The global car wash detergents and soaps industry is predicted to be worth US$ 7,394.7 million by the end of 2018, rising to US$ 12,210.8 million by the end of 2028, at a CAGR of 5.1% over the forecast period. Car wash detergents and soaps are cleaning solutions that are specifically designed to remove dirt, grime, and …
Diketene Derivatives Industry Set to Expand at 8.2% CAGR by 2028
The diketene derivatives industry is a specialized section of the specialty chemicals industry that has recently gained interest. Diketene is a flexible organic compound with two ketone groups that has applications in a wide range of industries including medicine, agrochemicals, and polymers. According to the report’s findings, demand for diketene derivatives in the agrochemical, pigment and …
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