The global industrial oxygen market is projected to grow from its 2023 valuation of US$ 70.54 billion to its projected 2033 worth of US$ 158.02 billion. In terms of volume, oxygen is one of the most in-demand gases on the planet. Oxygen and its derivatives are employed in a variety of industries, including steel making …
Category Archives: Chemical Insights
Gum Rosin Market Forecast: US$ 2,460.2 Million by 2033 and 4.7% CAGR
The global gum rosin market is expected to witness an average CAGR of 4.7% from 2023 to 2033. The target market in this region will be worth US$ 2,460.2 million by 2033, up from an anticipated US$1,554.2 million in 2023. Historically, the gum rosin market grew at a slow 3.6% CAGR, reaching a value of …
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Synthetic Camphor Market Overview: Aromatic Advancements
The FMI report also tracks the synthetic camphor market for the forecast period 2018 to 2028. According to the report, volume sales of synthetic camphor is likely to register 5.9% CAGR through 2028. Synthetic camphor is a chemical substance that is widely employed in a variety of industries. It has aromatic qualities similar to natural camphor …
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Di-electric Gases Market Set to Reach US$ 272.3 Billion by 2033 with 7.2% CAGR
The Di-electric Gases market is predicted to increase at a 7.2% CAGR from US$ 135.2 billion in 2023 to US$ 272.3 billion in 2033. The benefits of dielectric gases over high-risk oils are projected to propel the global market. The material is used in a variety of applications, including gears, transformers, gas-insulated lines, and high-voltage …
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Growing Demand: Plywood Market Predicted to Reach US$ 156.9 Billion by 2033
The global plywood market is valued at US$ 85.5 billion as of 2023. The market is predicted to increase at a CAGR of 6.3% between 2023 and 2033, with a market size of US$ 156.9 billion by 2033. Rapid urbanization is a primary driver of market expansion. Because of the increase in infrastructure activities, this …
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Simplified Report: Impact Modifier Market Size & Industry Trends for 2028
Future Market Insights (FMI) publishes a new outlook titled impact modifier market Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028 that provides vital insights on the global impact modifier market. In terms of value, the global impact modifier market is expected to grow at a strong 5.2% CAGR during the forecast period due to a …
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Navigating Growth: Hexylene Glycol Market with a 3.1% CAGR by 2029
According to Future Market Insights (FMI), the hexylene glycol market will increase by 2.8% year on year in 2022, reaching a value of US$ 202.8 million by the end of 2022. Global sales are expected to grow at a significant CAGR of 3.1% between 2022 and 2029. The global hexylene glycol market was estimated at …
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Carboxymethyl Cellulose Market: Aiming for US$ 3,073.5 Million by 2033 with 4.8% CAGR
The carboxymethyl cellulose market stands as a testament to remarkable growth, having experienced an average annual increase of approximately 4.5% over the historical period from 2018 to 2022. In 2022, the total value of Carboxymethyl Cellulose sold globally surpassed an impressive US$ 1,835.10 million, solidifying its prominent position in the industry. Forecasts for the current year, …
Friction Modifier Additives Market: Projected to Hit US$ 2,464.7 Million by 2033
The friction modifier additives market could expand at a CAGR of around 4.3% from 2023 to 2033 with the continued spike in demand for friction modifier additives. FMI also predicts that the global market would grow to a considerable valuation of US$ 2,464.7 million by 2033, up from US$ 1,617.8 million in 2023. These additives have …
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Functional Coil Coatings Market Aims for 884 Million by 2033 with a 5.5% CAGR
In 2023, the functional coil coatings market is expected to produce revenue exceeding US$ 517.5 million. Between 2023 and 2033, the market is estimated to expand at a compound annual growth rate (CAGR) of 5.5%. Polyester coatings are predicted to grow at a CAGR of 4.6% over the course of the assessment year. Rising investment …
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