Global sales of polyphthalamide are projected to reach US$ 1.45 billion in 2024, with the market anticipated to grow to US$ 2.47 billion by 2034, reflecting a CAGR of 5.5% over the 2024 to 2034 period.
Polyphthalamide is made from terephthalic acid, isophthalic acid, or a combination of the two, along with at least one aliphatic diamine, such as hexamethylene diamine. These resins are only partially aromatic, as the aromatic acid component constitutes at least 55% of the repeat units…
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Added by Yashi Vaidya on August 29, 2024 at 6:24am —
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Thin film deposition techniques, including chemical vapor deposition (CVD) and physical vapor deposition (PVD), rely on electronic gases for the production of microelectronics and semiconductor processing. The global market for electronic specialty gases is projected to reach $4.34 billion by 2024, with an anticipated growth rate of 3.5% CAGR from 2024 to 2034.
PVD coatings are utilized to improve hardness, increase wear resistance, and prevent oxidation. These coatings are widely…
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Added by Yashi Vaidya on August 29, 2024 at 6:09am —
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The global carbon dioxide market, valued at US$ 1.7 billion in 2022, is projected to grow at a CAGR of 8.3% from 2022 to 2032, according to Fact.MR, a market research and competitive intelligence provider. This growth is driven by CO2's significant role in enhancing the conductivity and performance of electronic devices.
The food and beverage sector is expected to see substantial growth due to increasing population, evolving food preferences influenced by globalization, and the need…
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Added by Yashi Vaidya on August 29, 2024 at 5:54am —
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According to a recent study by Fact.MR, a leading provider of market research and competitive intelligence, the global Bunker Fuel Market is estimated to be valued at US$ 121.20 billion in 2023, with projections to reach US$ 186.50 billion by the end of 2033.
In response to the growing need to address environmental pollution caused by conventional fuel combustion, many companies are heavily investing in research and development to produce cleaner fuel alternatives. These efforts…
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Added by Yashi Vaidya on August 28, 2024 at 6:21am —
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The global sodium cyanide market is valued at approximately US$ 2.7 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.1% over the next decade. By 2033, the market is expected to reach a valuation of US$ 4.05 billion.
Sodium cyanide (NaCN) is a highly toxic, water-soluble compound that can disrupt the human body's ability to utilize oxygen. It is widely used in various applications, including precious metal mining, chemical manufacturing, and…
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Added by Yashi Vaidya on August 28, 2024 at 5:53am —
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The global metal cleaning chemicals market is projected to surpass US$ 18.9 billion by 2022, with an anticipated CAGR of 3.5% over the forecast period (2022-2032).
The expanding global manufacturing sector has increased the need for maintenance of heavy equipment and machinery, driving the demand for metal cleaning chemicals to ensure operational efficiency.
However, traditional metal cleaning agents pose environmental risks, prompting manufacturers to develop bio-based or…
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Added by Yashi Vaidya on August 28, 2024 at 5:00am —
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The global industrial catalyst market is projected to reach US$ 22,345.8 million in 2024 and is expected to grow at a steady rate, with a 3.8% CAGR, reaching US$ 32,428.4 million by 2034.
One of the key drivers of this market is the advancement of regulatory standards and environmental policies. Governments globally are implementing stricter regulations to reduce emissions and promote sustainable manufacturing. This emphasis on cleaner production methods is encouraging industries to…
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Added by Yashi Vaidya on August 27, 2024 at 4:04am —
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According to a recent report by Fact.MR, a market research and competitive intelligence provider, the global high-performance films market is anticipated to reach a value of $44.68 billion in 2022 and grow at a compound annual growth rate (CAGR) of approximately 6.2% from 2022 to 2032. The market is primarily driven by the rising demand for high-performance films used in thermal jacketing within the automotive and aerospace sectors. The market, valued at $42.72 billion in 2021, is expected to…
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Added by Yashi Vaidya on August 27, 2024 at 3:49am —
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The evaporation material market is projected to reach approximately US$ 1,942.6 million in 2024. With a promising outlook, the market is expected to grow at a CAGR of 7.1% from 2024 to 2034, potentially surpassing US$ 3,857.3 million by the end of this period.
The rising demand for thin-film deposition technologies across industries such as electronics and optics is a key growth driver. This demand is largely driven by the increasing need for advanced electronic devices and…
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Added by Yashi Vaidya on August 27, 2024 at 3:30am —
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The plastic waste management market is projected to grow at a CAGR of 4.2% from 2024 to 2034, with the global market expected to reach approximately $56,874.2 million by 2034, according to Fact MR. The market is experiencing rapid expansion and is anticipated to maintain its growth trajectory in the coming years.
Collaborations among governments, businesses, and non-governmental organizations are driving the development of comprehensive plastic waste management strategies. These…
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Added by Yashi Vaidya on August 26, 2024 at 5:47am —
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The global non-woven adhesives market is projected to reach USD 7.3 billion by 2033, according to Fact.MR. This growth is expected at a robust CAGR of 9.6% throughout the forecast period.
Non-woven adhesives are made from synthetic fibers through extrusion, where thermoplastic polymers are melted and forced through a die under high pressure. This process bonds polymer molecules at a molecular level. Known for their high cohesion strength, softness, ease of use, low odor, elasticity,…
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Added by Yashi Vaidya on August 26, 2024 at 5:18am —
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According to Fact.MR, a market research and competitive intelligence provider, the global Sustainable Apparel Market is on track to reach a valuation of US$ 27.2 million by the end of 2033, growing at a compound annual growth rate (CAGR) of 9.3%.
Sustainable apparel refers to clothing designed and produced with a focus on minimizing environmental impact and upholding ethical standards. Unlike conventional fashion, sustainable apparel prioritizes eco-friendly materials such as organic…
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Added by Yashi Vaidya on August 23, 2024 at 6:53am —
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The Carbon Capture and Storage market (二手机米动影院・貯留(CCS)市場) was valued at approximately USD 2.9 billion in 2023 and is projected to grow at a CAGR of USD 13.4 % to reach USD 10.2 billion by 2033.
CCS involves capturing carbon dioxide (CO2) from energy and industrial sources and transporting it to storage where it is safely isolated from the atmosphere. This process is a crucial strategy for mitigating and stabilizing atmospheric greenhouse gas levels. The oil and gas industry stands…
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Added by Yashi Vaidya on August 23, 2024 at 6:33am —
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Rosin resin utilization is increasing in a variety of applications, including adhesives, road markings, coatings, inks, paper sizing, rubbers, and soaps. As per Fact.MR, the global rosin resin market is projected to increase from a size of US$ 2.18 billion in 2024 to US$ 3.38 billion by 2034-end, mainly owing to its increasing application in various industries due to its versatile nature.
Rosin's high adhesive characteristic is driving up its demand for these applications. The use of…
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Added by Yashi Vaidya on August 22, 2024 at 6:32am —
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The pharma blister packaging market was valued at US$ 10.5 billion in 2022 and is expected to grow to US$ 19 billion by 2032, representing a CAGR of 6% from 2022 to 2032. Fact.MR, a market research and competitive intelligence provider, anticipates moderate growth in demand for pharmaceutical blister packaging during this period.
Fact.MR’s analysts have conducted extensive primary and secondary research to develop various estimates and projections for the market, including sales and…
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Added by Yashi Vaidya on August 21, 2024 at 5:47am —
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The global polyvinylpyrrolidone (PVP) market was valued at US$ 2.5 billion in 2022 and is projected to grow at a CAGR of 6.6%, reaching US$ 4.8 billion by the end of 2033. According to Fact.MR, a market research and competitive intelligence provider, PVP consumption experienced a CAGR of 4.7% from 2018 to 2022. The pharmaceutical industry's high utilization of polyvinylpyrrolidone is expected to drive market growth, with the sector accounting for 44.3% of the market share in…
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Added by Yashi Vaidya on August 21, 2024 at 5:20am —
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The demand for road marking paints and materials market in North America and Europe has seen an uptick due to heightened highway safety regulations and regulatory constraints. Additionally, the emergence of skid-resistant technologies has surfaced as a potential driving force in these regions' markets.
According to Fact.MR, a provider of market research and competitive intelligence, the worldwide market for road marking paints and materials is anticipated to achieve a CAGR of 6.5% up…
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Added by Yashi Vaidya on August 20, 2024 at 6:12am —
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The cardiac ablation technologies market in North America is anticipated to claim a significant 37% share in the global arena, owing to the presence of key industry players such as Johnson & Johnson, Abbott, and Boston Scientific Corporation. These companies benefit from the ready availability of state-of-the-art and cutting-edge technology, which fuels their efforts to develop diverse product portfolios.
The cardiac ablation technologies market is expected to achieve a valuation…
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Added by Yashi Vaidya on August 20, 2024 at 4:03am —
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The global deodorant and antiperspirant ingredient market is projected to reach a valuation of $34.36 billion by 2024. According to a new study by Fact.MR, worldwide sales of deodorant and antiperspirant ingredients are expected to grow at a steady CAGR of 5.2% from 2024 to 2034.
As personal grooming and cleanliness become increasingly important to people worldwide, the use of deodorant and antiperspirant products is on the rise. Deodorants combat odor in two main ways: by using…
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Added by Yashi Vaidya on August 19, 2024 at 5:55am —
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According to Fact.MR, the global medical device cleaning market was valued at approximately US$ 1.4 billion in 2020 and is expected to grow 1.4 times to reach US$ 2 billion by 2031. North America is expected to account for around 50% of the market during the next decade.
Medical device cleaning is an essential aspect of every surgical procedure. Scissors, scalpels, retractors, endoscopes, and forceps are among the most commonly reused medical devices. To avoid infection among…
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Added by Yashi Vaidya on August 19, 2024 at 5:37am —
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