The global synthetic hydrotalcite market, valued at US$ 377.2 million in 2024, is projected to grow at a CAGR of 4.6%, reaching US$ 591.4 million by 2034. Synthetic hydrotalcite, a layered double hydroxide (LDH), is valued for its anion-exchange properties and thermal stability, making it a key additive in plastics, pharmaceuticals, and cosmetics. Its eco-friendly nature drives demand amid...
The global mesophase pitch market, valued at US$ 667.1 million in 2024, is projected to grow at a CAGR of 6.8%, reaching US$ 1,287.9 million by 2034. Derived from coal tar, petroleum, or emerging biomass sources, mesophase pitch is a critical precursor for high-performance carbon fibers used in aerospace, automotive, energy storage, and electronics. Its exceptional heat resistance,...
The global motorcycle fairing market, valued at USD 31.07 billion in 2024, is projected to reach USD 74.92 billion by 2034, growing at a compound annual growth rate (CAGR) of 9.2%. This growth is driven by rising urbanization, increasing demand for sports motorcycles, and the need for aerodynamic and protective accessories. Motorcycle fairings, which reduce air drag and enhance fuel...
The global handbag and purse manufacturing market, valued at USD 167.58 billion in 2024, is projected to reach USD 265.57 billion by 2034, growing at a compound annual growth rate (CAGR) of 4.7%. This growth is driven by rising consumer demand for personalized and sustainable accessories, fueled by social media influence and urbanization. Handbags and purses, seen as symbols of style and...
The global biomass-balanced ammonia market, valued at USD 2.7 billion in 2024, is projected to reach USD 5.8 billion by 2034, growing at a compound annual growth rate (CAGR) of 7.8%. This growth is driven by increasing demand for sustainable chemical solutions, fueled by stringent environmental regulations and corporate decarbonization goals. Biomass-balanced ammonia, produced from...
The global tire carbon black market, valued at USD 11,421.5 million in 2024, is projected to reach USD 16,744.7 million by 2034, growing at a compound annual growth rate (CAGR) of 3.9%. This growth is driven by increasing demand for durable, high-performance tires in the automotive industry, fueled by carbon black’s ability to enhance tire strength, wear resistance, and fuel...
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