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Showing posts from 2025

Artificial Intelligence in Packaging Market Set to Skyrocket to $23,415.2 Million by 2034

 The global Artificial Intelligence (AI) in Packaging market is poised for unprecedented growth, transforming how the packaging industry operates. Valued at $1,790.8 million in 2024, the market is projected to surge to $23,415.2 million by 2034. This remarkable growth represents a Compound Annual Growth Rate (CAGR) of 29.3% during the forecast period from 2024 to 2034. The adoption of AI in packaging is fueled by its ability to enhance operational efficiency, optimize supply chains, and provide sustainable solutions. AI technologies are being increasingly integrated into packaging processes, enabling predictive analytics, smart labeling, and advanced quality control. These innovations cater to the evolving demands of end-users across industries such as food and beverages, healthcare, e-commerce, and consumer goods. The industry is witnessing a paradigm shift as businesses leverage AI to meet stringent regulatory requirements, reduce waste, and improve customer satisfaction. Dr...

Bio-Plastic Industry Size, Share & Demand

 The global bio-plastic market size, valued at USD 96.6 billion in 2023, is poised for substantial growth driven by increasing consumer education and awareness. This burgeoning awareness of environmental sustainability and the advantages of bioplastics over conventional plastics is expected to create significant opportunities in the market. As a result, the bio-plastic sector is projected to expand at a remarkable compound annual growth rate (CAGR) of 30.2% from 2023 to 2033, reaching an impressive valuation of approximately USD 1,353.3 billion by 2033. One of the major factors contributing to the growth of the bio-plastic market is the reduction in greenhouse gas emissions. Bio-plastics often have a lower carbon footprint compared to traditional plastics, contributing to efforts to reduce greenhouse gas emissions and combat climate change. Bio-plastics are being used in innovative packaging solutions, such as edible packaging, which can reduce food waste and offer convenience...

Polymer Emulsion Industry Size, Share & Demand

 Polymer emulsion, a type of colloidal dispersion formed by the polymerization of monomers in water, has gained significant attention due to its eco-friendly and versatile nature. Its applications span diverse industries, including paints and coatings, adhesives, textiles, and paper. These emulsions are waterborne, making them a sustainable alternative to solvent-based products, reducing volatile organic compound (VOC) emissions. Polymer emulsions are primarily derived from acrylics, vinyl acetate, styrene-butadiene, and polyurethane, making them highly adaptable to industry-specific needs. Polymer Emulsion Value and Growth Projections According to a comprehensive market survey by Future Market Insights, the global polymer emulsion market was valued at USD 23,867.2 million in 2022 . The market is poised to grow at a CAGR of 6.1% from 2022 to 2032 , reaching an estimated valuation of USD 43,147.5 million by the end of the forecast period . This growth trajectory is fueled ...

Industrial Insulation Industry Size, Share & Demand

 As per the reports published by FMI, the global industrial insulation industry demand is projected to have an average-paced CAGR of 5% during the forecast period.  The current valuation of the market is USD 8,420.2 million in 2024. The market value of the industrial insulation market is anticipated to surpass a valuation of USD 13,731.1 million by the year 2034. A historical market valuation of USD 8,088.6 million has been recorded by the experts of Future Market Insights for the concerned market during the base year. FMI has analyzed that growing industrialization and urbanization have resulted in a surge of construction and industrial activities in many regions across the world. Insulation materials have high usage across these sectors and therefore the demand for industrial insulation is estimated to rise at a rapid pace. Since these insulators guard the equipment in extremely high and low temperatures, and reduce the risk of accidents, along with...

Nylon-6 Industry Size, Share & Demand

 The global nylon-6 industry share is expected to secure around USD 26,040.9 Million in 2032 and is likely to hold a valuation of around USD 14,679 Million in 2022. The global industry size is expected to exhibit a stable CAGR of 5.9% over the projection period from 2022 to 2032. The growth in the market is attributed to the surging concern about the environment as well as the demand for nylon-6 in the emerging textile market, which will make nylon-6 a more attractive product in the market. The inclusion of PA 6 and PA 6, 6 into 3D printing systems is expected to lead to market growth for nylon-6 in the market. From 2016-2021, the market displayed a growth rate of 5.1%. As a result of its high pressure, heat, and corrosion resistance, it is highly regarded in the manufacturing industry. In addition to its phenomenal properties, the nylon-6 polyamide is an engineered thermoplastic that comprises good flow properties, moldability, extrusion capability, chemical resistance, and ...

Formaldehyde-Free Resins Industry Size, Share & Demand

 The global formaldehyde-free resin industry size was worth USD 8,346.7 Million in the year 2022 and is expected to reach USD 16,257 Million by the year 2032 at a CAGR of 6.9% between 2022 and 2032. The characteristics of formaldehyde-free resin include robust resistance to moisture with good adhesion properties. As such, formaldehyde-free resins are used to bind fiberglass filaments in fabricating industrial nonwovens inclusive of fiberglass webs used in the insulation of roofing, HVAC filters, and floorings. Wood adhesives are used on an extensive note in the furniture vertical and offer advantages like appropriate adhesion to wood, enhanced balance between flexibility and rigidity, and resistance to fatigue and water. There are fiberglass substrates used in automotive, infrastructure, and chemicals vertical; which are bound with adhesives providing resistance against corrosion with electrical insulation. Source: https://www.medical-equipment-and-supplies.com/company/910976...

Colloidal Silica Industry Size, Share, Demand & Growth

 The global colloidal silica industry demand was valued at USD 252.0 Million in 2022 and is projected to expand at a CAGR of 3.9% during the forecast period (2022-2030). Colloidal silica is finding immense use in the electronics & semiconductor industry, wherein, it plays a critical role in the production of ultra-flat, uniform, and low-detection surfaces for semiconductors. Moreover, colloidal silica is used as a rough surface remover and as a polishing additive. It is extensively used for electropolishing to remove microscopic layers of metal particles from surfaces. In addition, the growing electronics & semiconductor industry in South and East Asia is expected to drive the colloidal silica market over the decade ahead. Paints & coatings and paper & pulp industries are also expected to pave the way for market growth in the coming years. A significant portion of the revenue of the colloidal silica market is realized from the electronics ...

1-Hexene Market Outlook from 2024 to 2034

The global  1-hexene industry  is experiencing a notable surge in demand, fueled by its essential role in the production of linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE). These materials are widely used in packaging, automotive, and construction sectors. The industry, valued at USD 122.7 million in 2023, is projected to grow at a CAGR of 5%, with market value expected to reach USD 208.4 million by 2034. 1-Hexene, as a critical comonomer, enhances the mechanical properties and flexibility of polyethylene products, driving its adoption across diverse industries. However, challenges such as feedstock price volatility and regulatory constraints on petrochemical-based products pose potential hurdles to growth. Despite these, the integration of sustainable production methods and increasing collaborations across the value chain are expected to unlock new growth opportunities. For more:  https://www.futuremarketinsights.com/reports/1-hexene-market M...

Waterborne Automobile Coating Market Outlook, Current and Future Industry Landscape Analysis by 2032

 The global demand for waterborne automobile coatings is projected to surge, with an anticipated market value of USD 79 billion in 2022, and is expected to reach  USD 141.5 billion by 2032 , growing at a CAGR of 6% during the forecast period. This growth is largely attributed to the coatings’ ability to protect vehicles against UV radiation, acid rain, and adverse weather conditions. Waterborne automobile coatings are eco-friendly solutions that use water as a solvent to disperse a resin. These coatings typically contain up to 80% water, with small quantities of other solvents such as glycol ethers. Their environment-friendly nature is underscored by regulations in the US and Europe, which mandate a VOC content of less than 3.5 pounds per gallon of water. Key takeaways from the market include: Environmental Benefits : Waterborne coatings significantly reduce volatile organic compound (VOC) emissions, aligning with stringent environmental regulations. Market Growth : ...

Growing Demand and Projections for the Ortho Phthalic Aldehyde Market

 Ortho Phthalic Aldehyde, a key compound in the chemical industry, is seeing steady demand growth due to its widespread applications in the manufacturing of plastics, resins, and various chemicals. It serves as a critical intermediate in the production of phthalic acid and plasticizers, which are integral to industries such as automotive, construction, and electronics. As industries continue to expand, the demand for Ortho Phthalic Aldehyde is projected to experience significant growth, with increasing adoption of advanced manufacturing technologies and its essential role in producing high-performance materials. Ortho Phthalic Aldehyde Market Value and Growth Projections The global Ortho Phthalic Aldehyde market was valued at USD 5.3 billion in 2022. Looking ahead, this market is expected to grow at a compound annual growth rate (CAGR) of 5.2%, reaching a projected value of  USD 8.8 billion by 2032 . This growth is driven by the rising need for advanced materials, higher adopt...

Green and Bio-based Polyol Industry Size, Share, Demand & Growth

 The global  green and bio-based polyols market , valued at USD 7,998.3 Million in 2019, is experiencing a robust surge in demand driven by increasing sustainability efforts and green consciousness across industries. By 2025, the market is projected to reach  USD 11,616.9 Million , with an impressive 10.3% year-on-year growth. Furthermore, long-term forecasts predict a  CAGR of 11.7%  between 2025 and 2035, culminating in a market size of  USD 35,650.2 Million  by the end of 2035. Manufacturers are providing polyester polyols that can primarily be used in a "2k system" coupled with isocyanates like MDI and/or TDI to make polyurethane which surges the demand for bio polyol and green polyol. Other uses are in amalgamation with melamine, epoxy, acrylates, etc. Their standard polyester polyols are based on different types of acids and glycols and tailored-made grades to develop the end user's needs. The use of few raw materials and no danger are basically ...

United Kingdom Veneered Panels Industry Size, Share & Demand

 According to Future Market Insights (FMI), the  United Kingdom veneered panel industry size  is forecast to expand from USD 276.7 million in 2023 to USD 495.5 million by 2033. Total sales of veneered panels across the United Kingdom are projected to rise at 6.0% CAGR from 2023 to 2033. The rising usage of veneered panels across thriving construction, automotive, and furniture sectors is a prominent factor driving the United Kingdom market. Similarly, developing new and innovative veneered panel products will act as a catalyst to trigger sales in the United Kingdom market. Veneered panels with enhanced fire-resistant properties are becoming increasingly sought after in industries where fire safety is a priority, such as construction and interior design. These panels can help minimize the spread of flames and reduce the risk of fire-related damage, thereby driving demand for such products. The construction and interior design industries are subject to stringent safety and ...

Pharma Grade Sodium Bicarbonate Industry Size, Share & Demand

 According to Future Market Insights (FMI), the worldwide pharma-grade sodium bicarbonate market share is expected to reach  USD 274.8 million in 2024 and USD 387.7 million  by 2034. The market is projected to rise at a CAGR of  3.5% by 2034. The global pharma-grade sodium bicarbonate market is driven by the increasing consumption of sodium bicarbonate by the pharmaceutical industry, particularly as an active pharmaceutical ingredient (API). It is widely used in treating metabolic acidosis, hemodialysis, cardiac arrest, extracorporeal blood circulation, and uncontrolled diabetes. Growing geriatric population is set to drive demand for sodium-based medications. API is expected to become the dominant chief ingredient in drug formulations, enhancing the capabilities of various drugs. Furthermore, the application of sodium bicarbonate for hemodialysis is also expected to increase during the forecast period. Research and development activities are focusing on new applic...

Aluminum Fluoride Industry Size, Share & Demand

 Over the projection period, sales in the aluminum fluoride industry are expected to increase at a CAGR of 2.7%. The market size is predicted to be valued at USD 2.3 billion in 2023 and USD 3 billion by 2033. The aluminum fluoride market is witnessing technological advancements, particularly in the area of refining and purification processes. Continuous efforts are being made to enhance the purity and quality of aluminum fluoride, enabling its application in various industries, such as ceramics, glass, and metallurgy. The market is influenced by regulatory factors and government policies aimed at promoting domestic aluminum production and reducing import dependency, creating both challenges and opportunities for manufacturers. A significant driver in the aluminum fluoride market size is the increasing demand for aluminum fluoride in lithium-ion batteries. As the demand for electric vehicles and renewable energy storage grows, the need for high-performance batteries r...

Phosphate Conversion Coatings Market Size, Share & Demand

 As per exhaustive research by FMI, the global phosphate conversion coatings market size is poised to total USD 1,863.6  million in 2022. Increasing adoption in the production of casing connections to enhance their sealing performance is fueling the demand for phosphate conversion coatings. Future Market Insights (FMI), Consecutively, increasing demand for automotive vehicles across countries such as the USA, China, Germany, and India is projected to aid the growth in the market. On account of this, sales of phosphate conversion coatings are projected to reach a 4.0% CAGR, surpassing USD 2,359.6 million over the forecast period between 2022 and 2028. Source:  https://www.prnewswire.com/news-releases/phosphate-conversion-coatings-market-to-surpass-us-2-35-bn-as-applications-in-consumer-electronic-grows-fmi-301443018.html Phosphate conversion coatings transform the basis metal surface into a non-metallic crystalline surface. This enhances appearance, improves corr...

Epoxy Curing Agents Industry Size, Share, Demand & Growth

 The growth of the market is supported by evolving trends such as the replacement of dicyandiamide curing agents have a direct impact on the dynamics of the epoxy curing agents industry. Read more:  https://www.accesswire.com/724232/epoxy-curing-agents-market-is-set-to-reach-revenue-of-us-311-bn-in-2022-and-is-anticipated-to-reach-us-516-bn-at-a-cagr-of-5-during-the-forecast-period-of-2022-32-future-market-insights-inc The global epoxy curing agents market share is expected to witness a healthy CAGR of around 4.6% during the forecast period from 2023 to 2033. The global market is currently valued at around USD 3,658.7 million in 2023 and is anticipated to reach a high of about USD 5,740.0 million by the year 2033. In addition to that, epoxy-curing agents are highly employed as primers for protective coatings. According to FMI’s historical analysis, the global epoxy curing agents market grew at a CAGR of 3.7% in 2022. The development of curing agents with low volatile...

Functional Coil Coatings Market Size, Share, Demand & Growth

 The global functional coil coatings industry sales are experiencing healthy growth surpassing a valuation of USD 884 million during the forecast period of 2023 to 2033 according to a recent report published by Future Market Insights. Rising demand from end-use industries, mainly construction and automotive sectors is elevating market value during the assessment period. Old Source:  https://www.einnews.com/pr_news/434334684/functional-coil-coatings-market-to-grow-at-a-cagr-of-4-9-through-2027 Rapid urbanization, rising infrastructure development, and growth in disposable incomes are elevating the construction industry. This growth is expected to bolster the demand for functional coil coatings over the forecast period. The growing trend of sustainability is increasing the demand for clean and green buildings worldwide. This creates notable demand for solar reflective, heat management, antimicrobial, and other functional coil coatings which are benefiting the market. S...