The global market for caprylic/capric triglycerides is projected to be valued at approximately US$ 735 million in 2023, with expectations to grow to around US$ 1.2 billion by the conclusion of 2033, reflecting a compound annual growth rate (CAGR) of 5% during the period from 2023 to 2033.
Caprylic/capric triglycerides are produced by the esterification of glycerin with fatty acids derived from...
The global market for synthetic latex polymers is projected to reach approximately US$ 65.5 billion in 2023. It is anticipated that sales of these polymers will grow at a compound annual growth rate (CAGR) of 4.2%, ultimately exceeding US$ 98.8 billion by 2033.
Synthetic latex polymers, produced in laboratories, are characterized by their exceptional water resistance, high performance,...
The global cyclopentane market is projected to be valued at approximately US$ 448.7 million in 2023, with expectations of a compound annual growth rate (CAGR) of 7.0%, leading to an estimated value of US$ 882.6 million by the conclusion of 2033.
Cyclopentane belongs to the cycloalkane category and is extensively utilized in the production of resins, rubber adhesives, and synthetic rubber....
The global market for cubic boron nitrates is projected to attain a valuation of USD 1,021.2 million by 2025, with an anticipated compound annual growth rate (CAGR) of 7.8%, ultimately reaching USD 2,164.3 million by 2035.
Cubic boron nitride (CBN) ranks as one of the hardest materials, second only to diamond. The demand for CBN has increased significantly due to its applications in...
The soft magnetic composites (SMCs) market is projected to expand from its present valuation of US$ 4.5 billion in 2023 to US$ 8.9 billion by the conclusion of 2033. During the period from 2023 to 2033, the market is anticipated to experience a compound annual growth rate (CAGR) of 7%.
The rising demand for motors in the automotive and electric sectors is propelling the adoption of soft...
The global butyric acid market was valued at US$ 307.2 million in 2021 and is anticipated to reach US$ 1.6 billion by 2032, with a robust CAGR of 16.6% between 2022 and 2032. Among the segments, synthetic butyric acid is expected to lead in revenue generation, with projected growth at a CAGR exceeding 17.6% during the forecast period.
Synthetic butyric acid is a chemically synthesized butyric...
The global market for greaseproof paper was valued at approximately US$ 1.27 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.5%, reaching an estimated US$ 2.1 billion by the conclusion of 2033.
Greaseproof paper plays a significant role in food storage and packaging. Its unique formulation allows it to repel grease, making it ideal for the extended...
Global sales of intumescent coatings are projected to grow at a compound annual growth rate (CAGR) of approximately 3%, reaching over US$ 1 billion by 2031, as reported by Fact.MR. This growth is largely driven by the increasing emphasis on passive fire protection. The oil and gas sector is anticipated to account for more than 40% of the global demand for intumescent coatings, propelled by...
According to Fact.MR, a provider of market research and competitive intelligence, the global aerospace composites market is projected to reach a valuation of approximately US$ 41.4 billion in 2023. It is anticipated that the market will grow at a rate of 9.0% during the period from 2023 to 2033.
Composite materials are recognized for their crucial role in the manufacturing of aerospace...
Fact.MR's research analysis of the Low VOC Adhesives market identifies key trends and opportunities related to components, types, vehicle categories, and geographical regions for the forecast period spanning 2023 to 2027. The study aims to deliver valuable market insights that assist leading companies in formulating effective strategies to enhance their competitive positioning.
As of 2023, the...
The global market for hollow microspheres was valued at approximately US$ 2,972.2 million in 2024 and is projected to experience a significant compound annual growth rate (CAGR) of 7.7%, reaching an estimated US$ 6,240.7 million by 2034.
This market is witnessing substantial growth across various sectors, particularly in aerospace, healthcare, and energy. Hollow microspheres are characterized...
In its recently updated industry report, Fact.MR reveals that the global automotive clear vision system market is projected to reach a size of US$ 21.93 billion in 2024 and further advance at a CAGR of 5.5% from 2024 to 2034. Worldwide demand for automobile clear vision systems is rising steadily on the back of greater attention being paid to occupant safety and rapid advancements in vehicle...
The global market for stump grinders is witnessing substantial growth, with forecasts suggesting an increase from US$ 332 million in 2023 to US$ 515.6 million by 2033. This represents a compound annual growth rate (CAGR) of 4.5% over the forthcoming decade. Stump grinders play a crucial role in forestry and land management by effectively eliminating tree stumps through the use of a rotating...
The global market for stump grinders is witnessing substantial growth, with forecasts suggesting an increase from US$ 332 million in 2023 to US$ 515.6 million by 2033. This represents a compound annual growth rate (CAGR) of 4.5% over the forthcoming decade. Stump grinders play a crucial role in forestry and land management by effectively eliminating tree stumps through the use of a rotating...
According to Fact.MR analysis, the global abort doors market is valued at USD 24.8 million in 2023 and is expected to grow at a CAGR of 7.5 % during the forecast period of 2023-2033.
The abort doors market is expected to grow substantially in the coming years, owing to the increasing focus on workplace safety and the need for industrial equipment that can quickly and efficiently shut down...
According to the recently published industry report by Fact.MR , the global stucco market is valued at USD 11.93 billion in 2023. The global demand for stucco is expected to grow at a CAGR of 3.7% , reaching a market value of USD 17.20 billion by the end of 2033.
Increasing construction activities in residential and non - residential sectors such as apartments, highways, buildings , and...
The global hydrogenated cosmetic ingredients market is projected to grow at a CAGR of 4.7%,reaching $ 94.9 million by the end of 2033, from $ 59.6 million in 2023.
Personal care products are expected to dominate the hydrogenated cosmetic ingredients market, accounting for nearly 51.6 % of the global market share by the end of 2022 .
Competitive Landscape:
The world 's leading...
The global duplex nickel plating market is estimated to be valued at $ 576.9 million in 2023 and is expected to grow at a CAGR of 5.8 % , reaching $ 1,013.9 million by the end of 2033. Duplex nickel plating is a type of protective coating that is electrodeposited on many surfaces , including metals and non - metals . It is used for a variety of reasons , not only to protect against corrosion...
The global copolymer polyols market is projected to reach an estimated value of $ 1,956.2 million in 2023 and will grow at a CAGR of 6.0 % to reach $ 3,511.0 billion by the end of 2033. Polyurethane foams made from copolymer polyols have a multitude of applications . The two major varieties of flexible polyurethane foams made from copolymer polyols are molded foam and slabstock foam . Owing to...
The global bioprocess bags market is projected to witness a positive growth trajectory , with a compound annual growth rate ( CAGR ) of 9 % during the forecast period ( 2020 to 2030 ) . The increase is attributable to a surging demand for bioprocessing bags from the biotechnology industry. The demand for bioprocess bags across the entire biopharmaceutical production process has skyrocketed due...
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