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  According to a recent study by Future Market Insights, the  acrylic acid industry sales  is 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, which in turn, represents prominent growth in the acrylic acid market over the analysis period. Acrylic acid-based polymers have replaced conventionally used materials in major end-use industries, such as automotive, building and construction, electronics, and others. Acrylic acid-based elastomers such as AEM (Ethylene Acrylic Elastomers), are used as an alternative to synthetic rubber in various applications, such as an automotive gasket, hoses, and others. In addition, owing to the improved properties of AEM, such as strength, and resistance, among others, there is an increasing demand for acrylic a

  The global lithium mining market production is anticipated to accrue a value of  USD 3.4 billion in 2032 , as opposed to a valuation of USD 1.66 billion in 2022. The target market is set to expand at a healthy CAGR of 7.43% from 2022 to 2032. Factors like the escalating adoption of lithium in glass and ceramic manufacturing and the emergence of electronic vehicles that augment the demand for lithium-ion batteries facilitate the growth of the lithium mining market. The ongoing technological innovations and widespread lithium use in air treatment also drive the expansion of the lithium mining market size during the forecast period. The shift witnessed in the design and advancement of battery technology along with concerns regarding the decline in fossil fuels will likely stimulate market growth for lithium mining. The fall in the availability of fossil fuels, rising carbon emissions, and emphasis on alternative sources of power encourage greater lithium mining. It is estimated that lit

  The global  propylene carbonate industry  is anticipated to expand at a steady 5.9% CAGR over the forecast period between 2024 and 2034, 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 have focused 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 propylene

  The global  high-performance fiber market value  is expected to increase from  US$ 16,042.3   million  in 2023 to  US$ 34,283.7   million  by 2033. By 2033, the market is projected to surge at a CAGR of  7.9% . High-performance fibers find extensive use in the aerospace, defense, automotive, sports, leisure, and textile industries. They enhance performance, durability, and safety in applications ranging from aircraft components and body armor to sports equipment and industrial fabrics. The growing need for ballistic protection in the defense sector offers substantial opportunities for market expansion. Emerging trends encompass sustainable fiber development, advancements in manufacturing processes (additive manufacturing), and novel applications such as medical textiles. These trends reflect the industry’s adaptability and response to evolving market needs. High-performance fibers are widely used in sectors such as aerospace and automotive, where lowering total weight is essent

  According to ESOMAR-certified consulting firm Future Market Insights (FMI), the global  emission control catalyst market  is projected to rise at above  8.5% CAGR , surpassing the market valuation of  USD 31707.5 million  during the forecast period 2024 to 2034. Expansion of the automotive industry, coupled with implementation of stringent government regulations regarding toxic gas emissions from vehicles and industries, is bolstering the demand for emission control catalysts. Increasing adoption of energy and fuel-efficient vehicles in developed regions such as the US, Germany and the UK will further boost the market growth in the upcoming decade. The rising demand for lightweight passenger vehicles in developing regions such as China, Japan, India and Brazil will provide lucrative opportunities to the manufacturers operating in the market. Browse Complete Report: https://www.futuremarketinsights.com/reports/global-emission-control-catalyst-market Key Takeaways from FMI’s

  By 2023, it is anticipated that size of the global market for zinc chloride will be worth US$ 309.6 million . Throughout the anticipated period, the market is anticipated to surge at a CAGR of 5.0% . By the end of the forecast period 2023 to 2033, a market value of US$ 505.6 million is predicted. Demand for zinc chloride is expected to rise as a result of expansion in a number of sectors, including chemicals, medicines, and agriculture. These sectors rely substantially on zinc chloride due to the variety of manufacturing techniques and product compositions it is used in. Demand for consumer goods and infrastructure development in emerging nations is being fueled by growing populations and rising disposable income levels. Batteries, textiles, rubber, and plastics- all vital components of numerous consumer goods and building materials, are produced with the help of zinc chloride. Demand for renewable energy technology is rising as environmental laws and a focus on sustainable

  The  specialty oil  industries witnessed promising growth trends in the last decade, and their overall market value was US$ 125.4 billion in 2022. Further market growth is anticipated to continue, with a predicted worth of US$ 129.2 billion in the current year 2023. The rising use of specialty oils in industries like manufacturing and transportation is supporting this encouraging trend. Research on the production of specialty fats and oils has greatly expanded in recent years with its rising use in several industrial applications. According to FMI, between the years 2023 and 2033, the demand for specialty oils is projected to expand at a consistent CAGR of 3.3%. By 2033, the global market is projected to have a significant valuation of US$ 178.8 billion as a result of this promising growth trajectory. Request Report Sample!   https://www.futuremarketinsights.com/reports/sample/rep-gb-15408 Key Takeaways from the Specialty Oils Market Study Report The overall market is antic

  The  demand for self-healing materials  market future trends has suffered as a result. Due to the presence of multinational corporations working constantly on R&D projects to find cutting-edge technologies, self-healing material market opportunities are encouraged in the United States. The self-healing materials industry size estimated at US$ 1.61 billion in 2022 is anticipated to grow at a CAGR of 25.5% from 2022 to 2032. Materials that are capable of self-healing are stimulated by changes in pH, UV light, and other environmental factors, as well as by physical harm like a microcrack influencing the self-healing material adoption trends. The pandemic has caused a decline in the self-healing material market’s key trends and opportunities. Due to the temporary shutdown, had an effect on the operations of many important end-use industries, including the automotive, building, and construction sectors, and the self-healing material market. Microcapsules are designed to be durab

  The  2-EH industry  is estimated to capture a  CAGR of 6.8%  during the forecast period. The market is estimated to reach a valuation of  US$ 12.7 billion by 2033 , improving from the current valuation of  US$ 6.5 billion in 2023 . How is the Demand for 2-EH Increasing in the Chemical Sector? Several factors significantly drive the demand for 2-EH in the chemical sector. These factors are: Growing Construction and Infrastructure Projects:  The demand for 2-EH rapidly grows in the chemical sector as a plasticizer for PVC resins. It is widely used for PVC-based materials such as fitting and pipes during the forecast period. Increasing Demand for Coatings and Paints:  The increasing demand for coatings and paints in the chemical sector is fueling the global market. 2-EH is a key component with solvent properties, coalescing abilities, and viscosity control. The various sectors, such as automotive, industrial, and construction applications,

  The  basalt fibre industry  is being propelled forward by the increasing demand for lightweight and high-strength materials across various industries such as automotive, construction, and aerospace is fueling the adoption of basalt fibre. Its remarkable properties, including high tensile strength and resistance to corrosion, make it an attractive alternative to traditional materials like steel and fibreglass. The value of the basalt fibre industry is anticipated to reach  US$ 275.2 million in 2024  and is expected to reach  US$ 824.8 million by 2034 . The forecasted CAGR for the market between 2024 and 2034 is  11.60% . The growing emphasis on sustainability and environmental concerns is driving the demand for eco-friendly materials like basalt fibre, which is derived from natural volcanic rock. Furthermore, technological advancements in manufacturing processes are enabling the production of basalt fibre at lower costs, making it more accessible to a wider range of applications. Ov