The global agrochemical additives industry sales is anticipated to reach a valuation of USD 2.7 Billion by 2032, with sales growing at a 4.6% CAGR over the assessment period. The need for various agrochemicals including fertilizers and pesticides is rising owing to the increase in population, which triggers demand for crops and vegetable production. While the demand …
Category Archives: Press Release
Ethylbenzene Market to Reach USD 32,508 million by 2034, Driven by Robust Petrochemical and Automobile Sectors
The ethylbenzene market size is expected to be valued at USD 23,053.6 million in 2024. Ethylbenzene has a storied history of usage in the petrochemical sector. As the oil and gas industry continues to spin its wheels, the demand for ethylbenzene is summarized to keep moving forward with momentum. The market is set to register a …
Propylene Carbonate Market Poised for Robust Growth: Projected to Reach USD 488.3 million by 2034
The propylene carbonate market size is experiencing a steady climb, with a CAGR of 5.9% from 2024 to 2034. This translates to an industry valuation reaching around USD 275.8 million in 2024 and a significant increase to USD 488.3 million by 2034. The industry is being propelled forward by the increasing demand for eco-friendly solvents and …
Acrylic Acid Market Surges Due to Rising Demand for Methacrylate Polymers in Lighting, Automotive, and Electronics
According to a recent study by Future Market Insights, the acrylic acid industry sales are expected to reach USD 22.6 Billion by 2032, up from USD 14.6 Billion in 2022, expanding at a CAGR of 4.5%. The rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, …
Ammonium Carbonate Market Set to Surge: to Reach of USD 1,301.8 Million by 2034, Driven by Versatile Applications and 5.4% CAGR
Over the forecast period, the value is anticipated to rise at a 5.4% CAGR. The market is predicted to increase from USD 771.5 million in 2024 to USD 1,301.8 million in 2034. The global ammonium carbonate industry value reached USD 770.3 million in 2023. Ammonium carbonate is widely used in various as a leavening agent …
Rising Demand in Beauty and Packaging Sectors to Propel Global Paraffins Market Growth to USD 9.4 Billion by 2032
The global paraffin market sales are estimated to secure a market value of USD 9.4 Billion by 2032 while expanding at a CAGR of 4.4%. The market valued USD 5.9 Billion in 2021. The industry is anticipated to garner USD 5.9 Billion in 2021. The growth of the market can be attributed to the expansion of key end-use industries, such as the paperboard and packaging sector, …
Ethylene Carbonate Market to Reach USD 559.6 million by 2034, Driven by Soaring Electric Vehicle Demand
Ethylene carbonate sometimes known as EC is an organic compound. At room temperature, it is a transparent crystalline solid soluble in water and is an odorless and colorless compound. Ethylene carbonate has various applications in different end-use industries such as automotive, and oil & gas. The global ethylene carbonate market sales are projected to expand …
Ethylene Amines in Surfactants: Market Growth Driven by Rising Demand for Laundry and Detergent Products by 2032
A recently published study by Future Market Insights concludes that the global ethylene amines industry size is forecast to register a CAGR of 4.6% from 2022 to 2032. The market is expected to reach a valuation of USD 3.1 Billion as of 2032 while registering absolute dollar growth worth USD 1.1 Billion during the said period …
Bag-in-Box Market Set to Surge to US$ 6.6 Billion by 2034, Driven by Demand for Convenient and Sustainable Packaging Solutions
The bag-in-box market is witnessing substantial growth, with a projected size of US$ 3.8 billion in 2024 and an expected valuation of US$ 6.6 billion by 2034. Several factors contribute to this expansion, including increased demand from various industries such as food and beverage, chemicals, cosmetics, and personal care for convenient packaging solutions and easy dispensing. Key …
Global Beverage Crate Market Set to Reach US$ 668.20 Million by 2034, Driven by Growing Beverage Consumption and Sustainability Trends
The global beverage crate market is on a trajectory of substantial growth, with projections indicating a robust Compound Annual Growth Rate (CAGR) of 5.20%, poised to reach a valuation of US$ 668.20 million by 2034. This forecast marks a significant expansion from its valuation of US$ 404.20 million in 2024, highlighting the market’s upward momentum and …