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  A recently published study by FMI expects the global demand for  wood pellets market  to increase at a CAGR of 11% during the forecast period between 2022 and 2032, reaching a total of US$ 26.15 Billion in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 8%. Wood pellets form a clean, environmentally beneficial, sustainable, and renewable biomass. The increasing global demand for renewable energy is driving the demand for wood pellets to reduce the usage of fossil fuels that contribute to global warming. This is expected to contribute to the growth of the industry over the forecast period. Consumers in developed regions such as Europe have greater environmental sentience, which continues to account for their increasing reliance on renewable sources. Bio-based energy sources are gathering impetus in developing countries for electricity generation. The reason is attributed to rising energy co

  Market players are focusing on capacity expansion and product innovation to exploit the versatility of precipitated silica (SiO2). Developing regions of the world are expected to lead demand generation by the end of forecast period. Global  precipitated silica market  revenues will reach US$ 5.9 Bn by 2029 supported by a staggering growth rate of over 9% between 2019 and 2029. Precipitated silica is witnessing increased traction from various end-use industries such as automobiles, cosmetics, construction, electronics, and agriculture. Investment in infrastructure, coupled with increasing disposable income will further the demand of precipitated silica used in manufacturing paints, coatings, cosmetics, and oral care products. Get Your 30% Discount Now! Request for Sample @  https://www.futuremarketinsights.com/reports/sample/rep-gb-11073 Key Takeaways of Precipitated Silica Market Study - Cosmetics lead end-use industries in terms of demand generation with a market share of mo

  The worldwide  isoprene rubber latex market  is anticipated to extend at eight.1% CAGR over the forecast length between 2021 and 2031, reveals future marketplace Insights (FMI) in a recent analysis. FMI also forecasts the global isoprene rubber latex marketplace to sign up yr-on-yr boom of 10.1% in 2021. Surging utility of isoprene rubber latex in production of scientific gloves and condoms will assist the marketplace gain traction over the route of the forecast duration. Growing demand of scientific gloves and condoms will continue riding the isoprene rubber latex income. Growing utilization in clinical and customer goods enterprise will create conducive environment for the growth of the marketplace within the coming years. Rising call for of clinical gloves inside the healthcare industries due to growing consciousness approximately health and safety measures to be employed to save you the unfold of diseases after COVID – 19 pandemic is propelling increase of the isoprene rubber l

  The  OEM insulation market  is expected to thrive at an average CAGR of 4.2% during the forecast period. The market is anticipated to cross a market share of US$ 24.5 Bn by 2033, while it holds a revenue of US$ 16.2 Bn in 2023. – The trust factor between the end user and manufacturer works in favor of the OEM insulation market, as the original automotive equipment and services are preferred over the aftermarket. – Rising industrialization, along with new advanced businesses such as automotive modification and accessories, are fueling the adoption of industrial insulation. – Rapid urbanization and advanced residential settings have created and boomed tye house insulation and other markets as end users move the more sophisticated setting. Furthermore, the proliferating music industry and home studio setups are propelling the demand for acoustic insulation. – Heating, ventilation, and air conditioning (HVAC) insulation systems have transformed the OEM insulation industry as it r

Rapid urbanization, rising infrastructure development, and growth in disposable incomes is elevating the construction industry. This growth is expected to bolster the demand for functional coil coatings over the forecast period. The global  functional coil coatings market  is experiencing healthy growth surpassing a valuation of US$ 465 Mn during the forecast period 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. 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 is benefiting the market. With the onset of the COVID-19 pandemic, awareness towards the need of preventing communicable diseases has increased tremendously. Consequently, demand for antimicrobial co

Magnesium carbonate is largely utilized as a raw material for the manufacturing of magnesium oxide, a refractory material employed in the cement and steel industries. The global  magnesium carbonate market  is anticipated to expand at a steady  4.7% CAGR  over the forecast period, finds Future Market Insights (FMI) in a recent market analysis. As per FMI, geographically, the market is anticipated to be dominated by South Asia Pacific, which is expected to continue in the forthcoming years. Backed by the aforementioned factors, the global magnesium carbonate market is projected to top  US$ 443.5Mn  by 2032. In recent years, companies are focusing on developing new materials with high purity at competitive prices. Magnesium carbonate, due to its small size, high porosity, and non-toxicity, is adopted in the pharmaceutical industry. Pharmaceutical grade magnesium carbonate is preferred for the treatment of hyperchlorhydria, stomach aches and duodenal ulcers. It is also used in the sur

The global  molybdenum market  is anticipated to grow at a standard growth rate of 3.8% from 2017 to 2026. The advancing chemicals industry will aid the growth of the molybdenum market as chemicals containing the same will likely escalate in demand. Also, the high demand for steel alloy owing to rapid urbanization will further aid the molybdenum market during the projected period. Molybdenum is a silvery-white hard metal with the sixth-highest melting point. It is a far-superior metal with a wide range of mechanical and chemical properties which make it the perfect metal for creating high-strength alloys and super alloys. Molybdenum is in high demand in many industries owing to its high corrosion resistance, high thermal conductivity, and high melting point. The metal, thus, gains application in aerospace, industrial, chemicals and petrochemicals, consumer, medical, energy, agricultural, and transportation industries. Some examples of the metal’s usage include the lighting industr