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Showing posts from May, 2024

Air Barrier Industry Size, Share, Sales, Revenue, Demand & Growth by 2029

  A recent research study of Future Market Insights (FMI) suggests that the overall growth of the  market for air barriers  will be moderate during the period of forecast, 2022 to 2029. Witnessing the industry’s much-anticipated shift from the traditionally preferred gypsum board to sustainably superior spray foam, the global market value will exceed US$ 16,932.8 Million by 2022 end. Increasing installations of insulation systems are particularly driving the demand for air barriers in the residential building sector. However, the demand will also see a considerable rise in the commercial and industrial sectors in the following years. This demand growth is attributed to the increasing stringency of regulations and industrial building codes of conduct, says the report. Demand for air barriers has been growing at a stable pace over the past decade, due to stringent norms compelling manufacturers to build energy-efficient walls. To sustain and strengthen their market share in the air b

Synthetic Polyisoprene Rubber Industry Size, Share, Demand & Growth by 2032

  The  synthetic polyisoprene rubber industry  is likely to be driven by its widespread application in the manufacturing of tires, belts, footwear, and medical accessories such as medical gloves and medical balloons. The global market is anticipated to expand at a robust  6.2% CAGR  over the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis. Synthetic polyisoprene rubber is widely utilized as a basic material in tire manufacturing. The demand for synthetic polyisoprene rubber has grown due to greater awareness among employers about the use of industrial gloves and increasing demand for medical gloves. In addition to footwear, synthetic polyisoprene rubber is used in the manufacturing of adhesives & sealants, belts, and other products in the industrial and construction sectors, which is driving the synthetic polyisoprene rubber market. The demand for synthetic polyisoprene rubber is expected to rise due to expansion in the medi

Compressor Oil Industry Size, Share, Demand & Growth by 2034

  The  sales of compressor oils  market are poised to expand at a  5.4% CAGR  during the forecast period, reaching a valuation of  US$ 11,001.4 million  by 2034. The global compressor oils are estimated to total  US$ 6,513.7 million  in 2024. Synthetic oils remain a widely consumed oil type in the market. This is due to their excellent heat and wear resistance. The target segment is poised to expand at a CAGR of  4.9%  during the assessment period. East Asia is expected to dominate the global compressor oil market during the forecast period. It will likely hold  24.9%  of the global market share in 2034. This is due to rapid industrial growth in countries like Japan, South Korea, and China. The compressor oil industry is poised to exhibit steady growth during the assessment period. This is attributable to factors like: Booming industrial sector Rising adoption of HVAC systems in residential and industrial sectors Increasing focus on energy efficiency Grow

Colloidal Metal Particles Industry Size, Share, Demand & Growth by 2028

  The global  market for colloidal metal particles  witnessed significant growth, surpassing the US$ 20.2 billion mark in 2022, driven by their diverse applications across various industries. With an impressive projected compound annual growth rate (CAGR) of 8.1%, the market is expected to reach a substantial US$ 32.3 billion by 2028. This growth trajectory is fueled by the expanding utilization of colloidal metal particles in sectors such as healthcare, electronics, and catalysis, indicating a promising outlook for the market’s expansion over the coming years. Among the product type segments, the titanium oxide colloidal metal particles segment is expected to account for a large volume proportion of the market while the gold colloidal metal particles segment, given its high price, is expected to account for a noteworthy value proportion in the colloidal metal particles market during the forecast period. Request a Sample Report!   https://www.futuremarketinsights.com/reports/sample

Lithium and Lithium Ion Battery Electrolyte Industry Size, Share, Demand & Growth by 2034

  The  lithium and lithium ion battery electrolyte industry  is expected to be valued at US$ 5,281.63 million in 2024. The market is projected to progress at a CAGR of 12.2% over the forecast period. By 2034, the value of the market is forecasted to reach US$ 17,928.86 million. The acceleration of the market is a consequence of electric vehicle production getting ramped up. With sustainability trends on the rise, more people are buying electric vehicles, and thus lithium ion battery electrolyte demand is benefiting. Governments smoothing things out for electric vehicle manufacturers with favorable policies is also contributing to the capitulation of the market. Aside from electric vehicles, other electric appliances too are making extensive use of lithium ion batteries. Electric gadgets like smartphones and digital cameras use lithium ion batteries and their increased sale is benefiting the market. Pacemakers and home security alarm systems are other appliances that make use of lit

Hydroxypropyl Distarch Phosphate Industry Size, Share, Demand & Growth by 2033

  The global  hydroxypropyl distarch phosphate industry  is anticipated to reach a valuation of  US$ 1.9 billion  in 2023, driven by the clean-label emulsification. The trend is expected to create new opportunities for the market, leading to a projected CAGR of  5.8%  between 2023 and 2033, and reaching a total valuation of approximately  US$ 3.3 billion  by 2033. One of the major factors contributing to the growth of the hydroxypropyl distarch phosphate market is the increasing consumption of functional beverages, including protein shakes and nutritional drinks, which are incorporating HDP to improve texture and stability while meeting clean-label requirements. The dairy and dairy alternatives sector presents opportunities for HDP as it can enhance the texture, mouthfeel, and stability of products like yogurts, creams, and milk substitutes. The pet food industry is experiencing growth, and HDP can be used to improve the texture and quality of pet food formulations. The meat proc

Super Absorbent Polymer Industry Size, Share, Demand & Growth by 2034

  The  super absorbent polymers industry size  is predicted to be worth US$ 10.7 Billion in 2024, rising to US$ 18.23 billion by 2034. The market for super absorbent polymers is expected to grow at a significant CAGR of 5.4% 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 industries. Manuf

Technical Textiles Industry Size, Share, Demand & Growth by 2033

  As per the Future Market Insights projects the  technical textile market  will most likely reach US$ 202.93 billion by 2023 and US$ 390 billion by 2033, growing at a CAGR of 6.7%. With the increasing demand for technical textile fiber, the global technical textile market is expected to grow quickly across a variety of end-use industries, including apparel, medical, automotive, etc. Technical textiles are booming in fast-growing industries like automotive, construction, healthcare, infrastructure, and oil and petroleum, which drive demand for medical textiles (Medtech), specialty fabrics, industrial fabrics, protective textiles (Protech), and agricultural textiles (Agrotech). The textile industry is growing fast, especially in the high-tech, high-performance fabric market. Technical textiles are widely manufactured using the textile coating process. Besides clothing, the textile industry continues to be a big player in technical textiles, which are applied in non-clothing applicat

Sodium Nitrate Industry Size, Share, Demand & Growth by 2026

  As  sodium nitrate  continues to play a crucial role in various industrial processes and applications, understanding its significance and market dynamics becomes paramount for stakeholders across different sectors. Sodium nitrate, also known as Chile saltpeter, is a versatile alkali metal nitrate salt with numerous industrial applications. While non-combustible itself, it enhances the burning rate of combustible materials, making it valuable in various sectors. Its uses range from solid propellants and explosives to chemical fertilizers and food preservation. Moreover, sodium nitrate plays a vital role in reactions for manufacturing fertilizers, pyrotechnics, glass enamels, and even solid rocket propellants. Additionally, it serves as a color fixative in meats, an oxidizer in fireworks, and an energy-storage material in solar power plants. Request Report Sample!   https://www.futuremarketinsights.com/reports/sample/rep-gb-6548 Key Takeaways: Diverse Applications:  Sodi