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Showing posts from May, 2022

Fatty Esters Market Recent Trends, Demand, Dynamic Innovation in Technology & Insights by 2032

 The global fatty esters market is expected to secure US$ 3.4 Billion while exhibiting a 4.4% growth rate during the 2022-2032 forecast period. The market was estimated at US$ 2.1 Billion in 2021, and is likely to reach US$ 2.2 Billion in 2022. Growth of the market can be attributed to the extensive usage of fatty esters in a wide range of industries, including cosmetics & personal care, as well as biofuels. The increasing use of fatty esters in end-use industries such as food, biochemical and agricultural is expected to boost the growth of the market during the forecast period. Growing demand for fatty esters for industrial applications owing to its environment friendliness is expected to augment market growth over the forecast period. On the contrary, inadequate availability of raw materials is also one of the major factor affecting the growth of the market. In addition to it, lack of proper developed infrastructure in the underdeveloped nations is major disadvantage faced by th

Ethylbenzene Market Current and Future Trends, Leading Players, Industry Segments and Regional Forecast By 2032 | Says FMI Analyst

 The global ethylbenzene market is expected to secure US$ 31 Billion while exhibiting a 3.5% growth rate during the forecast period. The market is estimated at US$ 21.3 Billion in 2021 and US$ 21.9 Billion in 2022. The growth of the market can be attributed to the extensive usage of ethyl benzene for the production of styrene. The increasing use of ethylbenzene in end-use industries such as packaging, electronics, construction, and agricultural is expected to boost the growth of the global ethylbenzene market during the forecast period. From 2015 to 2021, the market for ethylbenzene grew at a CAGR of 2.6%, closing at a value of US$ 21.3 Billion.  As of 2022, the industry is likely to reach US$ 21.9 Billion. On the contrary, the increasing concerns related to ethylbenzene hazards is expected to hinder the market expansion in the coming time. In addition to it, stringent rules and regulations of various governments regarding usage of ethylbenzene are other factors projected to hamper th

Propylene Carbonate Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

 The global propylene carbonate market is anticipated to expand at a steady  6.3% CAGR over the forecast period between 2022 and 2032, 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 are focusing 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 carbona

Graphite Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast -2027

 Future Market Insights delivers key insights on the global  graphite market  in an updated version of the report and provides historical market size and volume analysis for the years 2012-2016 and forecast up to 2027. Considering the impact of macro-economic factors, relatively lack-lustre growth in certain key graphite consuming countries, and steel production, among others, the graphite market was valued at US$ 15,763 Mn in 2016, as against a market value of US$ 16,128 Mn estimated in the previous version of the report. The long-term outlook on the global graphite market remains positive, with market value expected to increase at a CAGR of 6.7% during the forecast period 2017– 2027. Among product types, Natural and Synthetic graphite are expected to expand at a significant CAGR in terms of value over the forecast period. Among applications, the refractories market continues to be the major application area for graphite. However, increasing demand for electric vehicles globally is an

Soda Ash Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2029

 A comprehensive analysis on the  Soda Ash Market by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. Pegged at a steady CAGR, global revenue of soda ash market is set to US$ 25,285.6 Mn in 2029. The upsurge in revenue is accredited to greater uptake of soda ash in glass & ceramic industry, particularly container glass and flat glass. Moreover, variegated end-use segments such as chemicals, construction, metallurgy, soaps & detergents are generating soaring demand for soda ash, concludes the FMI report. Manufacturers in soaps & detergents industry increasingly favour soda ash as a substitute for traditionally-used phosphates. Soda ash has become a cr

Ethylene Carbonate Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

The global ethylene carbonate market is projected to expand at a 6.2% CAGR during the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis. Ethylene carbonate sometimes known as EC is an organic compound. At room temperature, it is a transparent crystalline solid and soluble in water and is odorless and colorless compound. Ethylene carbonate has various applications in different end-use industries such as automotive, and oil & gas.   Growing usage of lithium-ion batteries in electric vehicles will augment the growth in the market. Ethylene carbonate is one of the most reactive solvents relevant to lithium-ion batteries (EC). Increasing sales of electric vehicles are bolstering the demand for Li-ion batteries, thereby favoring the growth in the ethylene carbonate market.   Ethylene carbonate is an important reactive intermediate in the production of lubricants and greases. Lubricants are widely used in the manufacturing and

Pour Point Depressants Market Analysis 2022–2028 Global Analysis, Size, Share, Incredible Growth, Detailed and Business Prospects | FMI

  Future Market Insights (FMI) has published a new research report on pour point depressants. The report has been titled  “Pour Point Depressants Market Analysis: Global   2013–2021 and Opportunity Assessment 2022–2028.”  The growth in the automotive industry has provided the global  Pour Point Depressants Market Analysis  a substantial push towards development. The growing oil trade and consumption across cold regions has triggered the demand for pour point depressants. The exploding population will translate to a rise in the demand in the automobile and industrial sectors. This tremendous rise in demand will escalate the consumption of pour point depressants based products across the globe. In order to meet the increasing requirements of consumers, companies operating in the global market are pulling up their socks and are entering into mergers and acquisitions in order to expand their consumer base and also facilitate product expansion. In 2017, BASF PETRONAS Chemicals started

Global Methane Sulfonic Acid Analysis, Size, Share, Incredible Growth, Detailed Industry Analysis and Business Prospects | FMI

According to a recent research report titled  “ Magnesium Carbonate  Market: Global Industry Analysis (2013-2021) and Opportunity Assessment (2022-2032)”,  published by Future Market Insights, the global market for magnesium carbonate is witnessing moderate growth during the period of assessment. The research report covers several factors that drive this growth as well as few other aspects which have a negative influence over it. The exhaustive research publication includes trends, threats, opportunities, growth drivers and challenges and their impact on the global magnesium carbonate market. Detailed pricing analysis of different magnesium carbonate across key regions is also discussed in the research study. The segmental analysis across North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Latin America, Japan and Middle East and Africa (MEA) is carried out which is used to track the future projections for a period of ten years, pertaining to value and

Pour Point Depressants Market Share Size, Historical Growth, Analysis, Opportunities and Forecast To 2028

  Future Market Insights (FMI) has published a new research report on pour point depressants. The report has been titled  “Pour point depressants market share: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2028.”  The growth in the automotive industry has provided the global  pour point depressants market share  a substantial push towards development. The growing oil trade and consumption across cold regions has triggered the demand for pour point depressants. The exploding population will translate to a rise in the demand in the automobile and industrial sectors. This tremendous rise in demand will escalate the consumption of pour point depressants based products across the globe. In order to meet the increasing requirements of consumers, companies operating in the global market are pulling up their socks and are entering into mergers and acquisitions in order to expand their consumer base and also facilitate product expansion. In 2017, BASF PETRONAS Chemica

OEM Insulation Materials Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2028

As increasing urbanization and industrialization has bolstered the growth of developing regions, applications in automotive, consumer appliances and HVAC sectors have boosted rapidly, posing a direct impact on the demand for OEM Insulation Materials . According to a new research report by  Future Market Insights , the global  OEM insulation market is expected to reach a market value of US$ 19.6 Bn  by the end 2028, growing at a  CAGR of 3.9%  during the forecast period. There has also been a significant increase in the construction projects globally in residential and commercial sector that depicts leading growth of HVAC systems in the global OEM insulation systems. HVAC systems cover a major part of the demand for OEM Insulation Materials. The sector holds a dominating position in the global OEM Insulation Materials Market owing to their cost and energy efficiency. The need for installation of HVAC systems has also called for considerable use of interior insulation systems to c

Fluoropolymer Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast to 2031

Future Market Insights delivers key insights on the global  fluoropolymers market  in its latest report titled ‘ Fluoropolymers Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027) .’ The long-term outlook on the global fluoropolymers market remains positive, with market value expected to increase at a CAGR of 5.1% during the forecast period (2017 – 2027). The industrial & equipment segment is expected to remain a key end-use segment, accounting for over one-fourth of the total shares in the global market throughout the forecast period. Global sales of fluoropolymers is estimated to be valued at over US$ 8 Bn by the end of 2017. APEJ is estimated to account for a major value share in the global fluoropolymers market by 2017 end and is anticipated to retain its dominance throughout the forecast period. In this report, Future Market Insights throws light on the drivers and restraints likely to impact the market during the forecast period. Fact

Calcite Market Future Growth, Segmentation, Competitive Landscape, Key Trends and Forecast to 2031

 The growing demand for building or structure safety measures across residential, commercial and industrial sectors are key factors driving the global  calcite market . According to a study by Future Market Insights (FMI), calcite sales will continue rising in response to increasing industrial applications and rising construction activities. According to FMI, the market will surpass US$ 15.14 Bn by 2021. The demand for ground calcium carbonate or GCC calcite will remain significantly high. It is expected account for over 60% of calcite sold globally in 2021. Increasing demand for cement has resulted in significant growth in demand for calcite. Besides this, the demand from paper and pulp industry will enable the market exhibit consistent growth through the forecast period. The global calcite market is anticipated to grow owing to the increasing investment towards residential and commercial construction. Besides this rapid urbanization will pave way for the expansion of the market. This

Pharma Grade Sodium Bicarbonate Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast 2022-2028

 The global  pharma grade sodium bicarbonate market  was valued at US$ 256.0 Mn in 2022 and is expected to reach US$ 315.4 Mn by the end of 2028, expanding at a CAGR of 3.5% over the forecast period. Sodium based medicines are being increasingly consumed across the globe, elevating demand in the pharmaceutical sector. Factors such as product innovation vis-à-vis demographic changes and expansion of health government programmes have triggered the demand for pharma grade sodium bicarbonate. Being a large volume commodity, utilisation of sodium bicarbonate in the pharmaceutical industry is relatively niche, wherein high purity product grade is utilised. However, when deciding whether or not to use a medicine, researchers in the pharmaceutical market weigh the risks and ramifications of new drug innovations and formulations. And the will to use this medicine by caregivers and patients is a subject of constant study. Studies have revealed that using sodium bicarbonate is not harmful for hum