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Showing posts from March, 2024

Anticipated Expansion: Propylene Carbonate Market Predicts Sales Surge at 6.3% CAGR

  The global  propylene carbonate market  is anticipated to expand at a steady 6.3% CAGR over the forecast period between 2022 and 2032, finds Future Market Insights (FMI). Propylene carbonate is largely utilized as a solvent for the production of paints and coatings, cleaning solvent in the cleaning and degreasing industry, and as an electrolyte in Li-Ion batteries. In recent years, companies are focusing on developing new materials with high purity levels at competitive prices. Propylene carbonate is utilized as a long-lasting and ‘green’ alternative for various chemical industrial solvents. While due to its lower vapor pressure and negligible photochemical reactivity it is an effective substitute for toluene, acetone, NMP, and methyl chloride. Such aforementioned properties of propylene carbonate are expected to increase consumption concerning environmental regulations. The worldwide propylene carbonate market is being driven by factors such as increased usage of...

Positive Trajectory: Emission Control Catalyst for Motorcycle Market Poised for US$ 6.20 Billion by 2033

  The Global Expansion of the Automobile Industry Leading to the Spike in Demand for Catalysts . Emission control catalysts are essential parts of all internal combustion engines. Catalytic converters are becoming increasingly popular in response to rigorous worldwide emission laws aimed at reducing harmful greenhouse emissions. Sales of pollution control catalysts for motorcycles are likely to rise as scooter and motorcycle sales rise in developing economies. The demand to fulfill emission standard laws has also prompted manufacturers to develop innovative technologies that meet the standards. Palladium, which is used in catalytic converters to eliminate dangerous chemicals such as carbon monoxide from exhaust emissions, is becoming popular and consequently boosting the market. Drive Innovation: Request Your Sample and Lead with Cutting-Edge Insights:   https://www.futuremarketinsights.com/reports/sample/rep-gb-14244 The motorcycle industry in India is likely to be the appeal...

Anticipated Growth: Biocides Market Forecasts 3.4% CAGR by 2033

  The biocides market is anticipated to thrive at an average CAGR of 3.4% between 2023 and 2033. The market is anticipated to surpass US$ 12.5 billion by 2033, while it holds a revenue of US$ 8.9 billion in 2023. A wider range of applications as a preservative and germ-controlling agent is propelling the growth of the biocides market. Furthermore, advanced pharmaceutical companies are implementing biocides to shelf their medicines for longer usage. In expanding packaged food industry, look for an affordable preservation option provided through biocides. Restoration of the FMCG sector has also ended up thriving the growth of the biocides market. Empower Your Strategy: Sample Our Insightful Report for a Competitive Edge: https://www.futuremarketinsights.com/reports/sample/rep-gb-2806 Emerging economies such as India and China are building their medical and pharmaceutical industry. Even India has been recognized as the "pharmacy of the world" as it f...

Positive Outlook: Sodium Chloride Market Set to Hit US$ 67.4 Billion by 2033, Forecasts Show

  The sodium chloride market is valued at US$ 44.4 Billion in 2023 and is anticipated to value at US$ 67.4 Billion by 2033. The Sales of sodium chloride are likely to grow at a CAGR of 4.4% during the forecast period. There is a growing demand for sodium chloride in the chemical sector to develop products such as dyes, paper, plastic, rubber and detergents to advance market growth. Feedstock chemical is highly used in developing chemical products, which in turn boosts the market. An increase in the adoption of sodium chloride by manufacturing companies is observed to make polyester, cleaning tools and machinery. Moreover, the growing adoption of sodium chloride by the food and beverage industry increases the shelf life of food and enhances its quality. The demand for sodium chloride to preserve foods such as meat and cheese is also likely to increase market opportunities during the forecast period. Get Ahead with Our Report: Request Your Sample Now: https://www.futuremarket...

Anticipating Market Surge: Bioenzyme Fertilizer Market Poised for 8.9% CAGR by 2033

  The global  bioenzyme fertilizer industry   size  is forecast to expand from US$ 645 million in 2023 to US$ 1500 million by 2033. Over the next ten years (2023 to 2033), global sales of bioenzyme fertilizers are projected to rise at 8.9% CAGR. The rising adoption of sustainable agricultural practices along with burgeoning demand for organic food products is providing impetus for market expansion. Bioenzyme fertilizers can improve nutrient availability and soil health, leading to increased crop productivity and reduced reliance on chemical fertilizers. This transformation promotes sustainable agricultural practices and reduces environmental impacts. Request Your Sample and Stay Ahead with Our Insightful Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-17253 The market for bioenzyme fertilizers is expected to witness healthy growth due to increasing awareness about sustainable agricultural practices and the need for environmentally friendly...

Charting Growth Path: Castor Oil Derivatives Market Predicts 4.9% CAGR by 2033

  Castor oil derivatives   industry  is anticipated to expand its roots at an average CAGR of 4.9% between 2023 and 2033. The market is expected to have a market share of US$ 2.21 billion by 2033 while it is likely to be valued at US$ 1.37 billion in 2023 The expansion of pharmaceutical, cosmetic, and personal care industries is flourishing the demand for castor oil derivatives. Furthermore, the increasing pollution is also pushing end users to look for herbal products to safeguard their skin and hair. Get Ahead with Our Report: Request Your Sample Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-474 The medicinal usage of castor oil derivatives for effective immunity and is helpful in constipation. Along with it, pharmaceutical lotions for joint pain and arthritis are expanding the market verticals. The long range of applications including the usage of castor oil derivatives as a bio-energy source is gaining traction for the market and its future possibili...

Forecasting Market Momentum: Malonic Acid Industry Anticipates Exceeding US$ 97,277.2 Thousand by 2033

 As per Future Market Insights (FMI), the global  malonic acid industry  value is estimated to reach US$ 56,058.6 thousand in 2023. From 2023 to 2033, global sales of malonic acid are expected to soar at 5.7% CAGR. By 2033, total market valuation is projected to reach US$ 97,277.2 thousand. Malonic acid is a highly versatile chemical intermediate that finds extensive use in the polymer industry for the synthesis of several plastics and polymers. One of its key applications is producing polyester resins, which are widely used in the manufacturing of films, fibers, and packaging materials. The synthesis of diesters, which are crucial intermediates in the production of polyester resins, requires malonic acid as a raw material. Request Sample Report to Get Actionable Insights: https://www.futuremarketinsights.com/reports/sample/rep-gb-6550 Malonic acid serves as a fundamental building block for specialty polymers such as polyesters and polyamides that exhibit unique prop...

Market Expansion: Asia Textile Chemicals Sector Targets US$ 24,600 Million by 2033

  As per the recent asia textile chemicals market analysis report released by FMI, following a growth of 7.4% during the period covering 2017 to 2022, the present valuation of the overall market has reached nearly US$ 14,200 Million in 2023. The Asia textile chemicals market is expected to develop at a rate of 6% from 2023 to 2033, and reach a valuation of US$ 24,600 Million by 2033. This expansion is projected due to a growing demand for apparel, technical textiles, home textiles, and other products. With an increasing population, demand for clothing and other textile items is predicted to boost the demand for textile chemicals and challenge the industry’s manufacturing capacity. Drive Innovation: Request Your Sample and Lead with Cutting-Edge Insights: https://www.futuremarketinsights.com/reports/sample/rep-as-434 The recent rise of the textile chemicals business has been driven supported by an increase in the textile industry, shifting fashion trends, and a preference fo...

Anticipated Surge: Super Absorbent Polymers Market Targets US$ 16.5 Billion by 2033

  The  super absorbent polymers market  size is predicted to be worth US$ 10.2 Billion in 2023, rising to US$ 16.5 Billion by 2033.  The market for super absorbent polymers is expected to grow at a significant CAGR of 5% during the forecast period. The adoption of super absorbent polymers is increasing as a result of an older population and more awareness of the advantages and practicality of adult incontinence solutions. In response to the rise in adult incontinence cases, governments from various countries are focusing on producing incontinence products through collaborative efforts with manufacturers and medical professionals. In countries such as the United States, the United Kingdom, Germany, and Australia, government initiatives encourage the use of adult incontinence products. Furthermore, the demand for super absorbent polymers is expected to rise because of their superior water absorption and holding capacity in the construction and waste management indu...