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Showing posts from July, 2024

Glycol Ethers Industry Size, Share, Demand & Growth by 2033

  The automotive industry is a significant consumer of glycol ethers, using them in paints, coatings, and cleaning agents. As the automotive industry expands, especially in emerging economies, there is an increased demand for glycol ethers to support the production of automotive paints, coatings, and cleaning solutions. Future Market Insight predicts that the global  glycol ethers industry  is expected to grow significantly, reaching US$ 13.34 billion by 2033. This projection indicates a CAGR of 5.7%. Notably, this estimated value represents a substantial rise from the projected worth of US$ 7.66 billion in 2023. The electronics industry relies on glycol ethers for various applications, such as cleaning agents, soldering fluxes, and solvents for printed circuit boards. With the rapid expansion of the electronics industry, including the production of consumer electronics and telecommunication equipment, there is a higher demand for glycol ethers to meet the manufacturing needs of th

Acrylic Acid Industry Size, Share, Demand & Growth by 2032

  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. According to a recent study by Future Market Insights, the  acrylic acid industry  is expected to reach US$ 22.6 Billion by 2032, up from US$ 14.6 Billion in 2022, expanding at a CAGR of 4.5%. 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. Request Report Sample!   https://www.futuremarketinsights.com/reports/sample/rep-gb-14801 In addition, owing to the improved properties of AEM, such a

Sodium Iodide Industry Size, Share, Demand & Growth by 2034

  The global  sodium iodide market  will reach a valuation of US$ 173 million in 2024, attributed to factors such as shift towards renewable energy sources. The trend is set to create new opportunities for the market, leading to a projected CAGR of 5.8% between 2024 and 2034, and reaching a total valuation of approximately US$ 304 million by 2034. There is a growing demand for eco friendly alternatives in various industries, with increasing emphasis on sustainability and environmental responsibility. Manufacturers exploring sustainable production methods and eco friendly packaging for sodium iodide products may gain a competitive edge. Collaboration between industry players, research institutions, and academic organizations can accelerate innovation and drive product development in the sodium iodide market. Collaborative research and development initiatives can lead to the discovery of new applications, improved formulations, and enhanced product performance. Sodium iodide is

Sodium Gluconate Industry Size, Share, Demand & Growth by 2034

  The  sodium gluconate market  is predicted to be valued at US$ 621.8 million by 2024. The market valuation is estimated to be US$ 877.2 million by 2034, projected at a CAGR of 3.5%. One significant driver of the sodium gluconate industry is the versatile applications across various industries. Stringent regulations promoting the use of eco-friendly and sustainable ingredients in consumer products further propel the demand for sodium gluconate, propelling the market growth. Despite its widespread applications, the sodium gluconate industry faces certain restraints. One significant restraint is the availability of alternative chemicals with similar functionalities at lower costs. Competing products such as citric acid and phosphates offer comparable performance in various applications, posing a challenge to Sodium Gluconate manufacturers. Regulatory constraints regarding the use of sodium gluconate in certain applications, such as food and pharmaceuticals, can restrict market exp