Future Market Insights projects that the technical textile market will most likely reach US$ 202.93 billion by 2023 and US$ 390 billion by 2033, growing at a CAGR of 6.7%. With rising demand for technical textile fiber, the worldwide technical textile market is predicted to expand rapidly across a wide range of end-use sectors such as …
Category Archives: Chemical Insights
Magnesium Oxide Market Poised for Expansion: Projected to Achieve US$16 Billion by 2033 with a 10% CAGR
According to industry forecasts, magnesium oxide market value will reach US$ 6.15 billion by 2023 and reach US$ 16 billion by 2033, growing at a 10% CAGR. Magnesium oxide’s growth has been spurred by rising demand for health supplements.Magnesium oxide works well for treating heartburn and digestive issues. Other magnesium molecules, including those found naturally in …
Decorative Paints Growth: Projecting US$ 108 Billion by 2033 at 5.4% CAGR
According to Future Market Insights, the decorative paints market size is expected to grow from US$ 63.34 billion in 2023 to US$ 108 billion in 2033. It is expected that the market will grow at a CAGR of 5.4% during the forecast period. Individuals can choose from a vast range of designs, styles, and textures while …
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Salt Content Reduction Ingredients Market: Targeting US$ 11,879.8 Million by 2033 with 9.3% CAGR
In 2023, the global salt content reduction ingredients market is expected to be worth roughly US$ 4,882.1 million. Between 2023 and 2033, the market is expected to grow at a robust 9.3% CAGR, reaching a value of US$ 11,879.8 million. The salt content reduction ingredients market is being driven by rising consumer health concerns and awareness …
Synthetic Leather Market Set to Achieve US$ 50.01 Billion by 2033 with 6% CAGR
As per Future Market Insight, the global synthetic leather market is anticipated to attain a value of US$ 50.01 billion by 2033, demonstrating a CAGR of 6%. This substantial growth marks a notable surge from its estimated worth of US$ 29.24 billion in 2023. As people become more conscious of environmental issues and the negative impact of …
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Future Outlook: Refrigeration Oil Market Goal of US$ 2,332.9 Million by 2033
The global refrigeration oil market is predicted to exhibit a CAGR of 4.9% during the forecast period from 2022 and 2033. The market is currently valued at US$ 1,369.0 million and is anticipated to reach US$ 2,332.9 million by 2033. According to Future Market Insights, increased usage of refrigeration oil in various applications such as coolers, …
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Bioceramics and Hydroxyapatite Market Aims for US$ 4.4 Billion by 2028 with 6.9% CAGR
The bioceramics and hydroxyapatite market is expected to exhibit a robust 6.9% CAGR during the forecasted period (2022-2028), with a positive long-term outlook. Aluminium oxide is expected to maintain its dominance, accounting for over 45% of the global market. Hydroxyapatite, which is well-known for its mechanical strength and biocompatibility, is predicted to remain a popular material …
Future Prospects: Cold Rolling Oils/Lubricants Market’s Goal of $18.2 Billion by 2028
The global Cold Rolling Oils/ Lubricants Market is projected to reach a value of US$ 18.2 Billion in 2028, Demand is expected to expand at a 5.6% CAGR from 2022 to 2028. The target market is predicted to be worth $14.5 billion in 2022. The automotive and transportation industries place a high value on cold rolling oils/lubricants. …
Pharma Grade Sodium Bicarbonate Market: Targeting US$ 315.4 Million by 2028 with 3.5% CAGR
Pharma Grade Sodium Bicarbonate Market is expected to reach US$ 256.0 million by 2022 and is projected to expand to US$ 315.4 million by 2028, with a robust CAGR of 3.5%. Sodium bicarbonate (NaHCO3) in pharma grade form is a white crystalline powder. It is produced using a meticulous purification process that removes impurities and contaminants …
Industrial Pipe Insulation Material Market: Targeting US$ 1,835.2 Million by 2028 with 4.1% CAGR
The industrial pipe insulation material market global revenue is anticipated to cross US$ 1,800 Million by the end of 2028, according to Future Market Insights’ most recent research report. Market expansion is projected to have a CAGR of 4.1% from 2022 to 2028. The global industry involved in the manufacturing, distribution, and application of materials used to …