The global automotive refinish coatings industry is estimated to develop at a moderate 5.1% CAGR from 2023 to 2033. The target market’s estimated value has increased from US$ 7.7 billion in 2023 to US$ 12.9 billion by 2033. One of the biggest businesses in the world, the automobile sector, supports the expansion of the automotive refinish …
Category Archives: Chemical Insights
Industrial & Institutional Cleaning Chemicals Industry Set to Reach US$ 158.1 Billion by 2033 with a 7.5% CAGR
The global industrial & institutional cleaning chemicals market is expected to have a valuation of US$ 76.7 billion in 2023,accelerating at a 7.5% CAGR from 2023 to 2033. The global market share is anticipated to be valued approximately US$ 158.1 billion by the end of 2033. Top Trends and Opportunities in the Global Market The global …
Coating Additives Industry Aims for US$17.77 Billion by 2033 with 4.8% CAGR
Thecoating additives industry is anticipated to thrive at an average CAGR of 4.8% between 2023 and 2033.The market is estimated to be valued at US$ 11.12 billion in 2023, with a market share of US$ 17.77 billion by 2033. It is expected that impact modifiers, biocides, and anti-foaming properties would enhance the market structure. Moreover, market growth is …
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Polyunsaturated Fatty Acids Industry Projected to Hit US$ 9.7 Billion by 2033, Riding a 5.4% CAGR
The polyunsaturated fatty acids industry is forecast to experience a growth of 5.4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 6,019 million in 2023. The market for polyunsaturated fatty acids (PUFAs) is anticipated to grow as a result of growing chronic disease rates, …
Polymer Coated Fabrics Industry Forecasted to Achieve US$ 35,835.30 Million by 2033, Propelled by a 5.1% CAGR
In 2023, the polymer coated fabrics industry is estimated to be worth US$ 21,791.30 million, with a notable projected CAGR of 5.1% from 2023 to 2033. By 2033, the industry is expected to achieve a significant milestone, reaching US$ 35,835.30 million. The market for polymer-coated fabrics is expanding rapidly because of its durability, abrasion resistance, UV resistance, …
Acrylic Fibre Industry Anticipates US$ 8,006.7 Million by 2033 at 4.2% CAGR
The acrylic fibre industry size is poised to cross a valuation of US$ 5,470.6 million in 2023 and is predicted to hit a valuation of US$ 8,006.7 million by 2033. From 2023 to 2033, the acrylic fiber market is expected to grow at a CAGR of 4.2%. Acrylic fibers are frequently used in the textile industry due …
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Elemental Sulfur Industry Growth Path: Targeting US$ 9,135.4 Million by 2033 with a 3.2% CAGR
The elemental sulfur industry is predicted to be worth US$ 6,667 million in 2023 and rise to US$ 9,135.4 million by 2033. Demand was initially expanding at a market CAGR of 2.9% between 2018 and 2022. The agriculture sector is likely to fuel the market’s increase during the projection period due to its strong growth rate and …
Natural Cinnamic Aldehyde Industry is Expected to Increase to 1,060 Million by 2033
In 2023, the natural cinnamic aldehyde industry is expected to be worth US$ 1,060 million. By 2033,Over the projection period, the market is expected to exceed US$ 1,611.0 million at a CAGR of 3.3%. Several main factors are driving significant growth in the natural cinnamic aldehyde business. One of the primary drivers is the increased desire …
Artificial Turf Industry Targets US$ 10,120 Million by 2033 with an 8% CAGR
According to Future Market Insights, the artificial turf market size is expected to reach US$ 4,671.82 million by 2023, and ultimately to US$ 10,120 million by 2033, growing at an 8% CAGR. Artificial turf is suitable for leisure areas such as bocce ball courts, tennis courts, putting greens, and patios. The surface is exceptionally tough and can withstand considerable …
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Magnesium Metal Industry Aims for US$ 9 Billion by 2033 with 5.4% CAGR
The magnesium metal industry is predicted to be valued at US$ 5.3 billion in 2023 and US$ 9 billion by 2033. The magnesium metal market is estimated to grow at a CAGR of 5.4% over the forecast period. Magnesium-based battery development poses a significant opportunity. Experts are looking into magnesium as a possible replacement for lithium-ion batteries …
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