According to Fact.MR, a market research and competitive intelligence provider, the global insulation mineral wool market is projected to reach a valuation of US$ 31 billion by 2033, growing at a compound annual growth rate (CAGR) of 5% from 2023 to 2033.
Mineral wool, which contains a high concentration of fibers, is manufactured through a process of melting, spinning, and drawing the material into fibers. It serves as an effective insulator in residential applications, offering…
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Added by Yashi Vaidya on October 23, 2024 at 5:35am —
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According to Fact.MR, a provider of market research and competitive intelligence, the global trifluoroacetic acid (TFA) market is projected to reach US$ 405 million by 2033, growing at a CAGR of 2.9% from 2023 to 2033.
TFA, a strong carboxylic acid, plays a key role in organic chemistry, particularly in the production of agrochemicals, pharmaceuticals, and performance products. It is a colorless to pale yellow liquid with a strong odor.
Due to its low cost, high acidity,…
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Added by Yashi Vaidya on October 23, 2024 at 3:53am —
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The research provides an in-depth analysis of the global Closed Molding Composites Market, covering market dynamics, key regional trends, and market sizes at the country level. The study offers insights into the market's historical, current, and projected sizes in terms of both value and volume.
The report highlights how leading industry players are investing in significant technological advancements and business-related research. It also helps identify and track key emerging…
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Added by Yashi Vaidya on October 22, 2024 at 6:39am —
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According to Fact.MR, a market research and competitive intelligence provider, the global honeycomb board market is projected to reach a valuation of US$ 2.26 billion by the end of 2033, with a CAGR of 6.5% during the forecast period.
The rapid growth of the packaging industry is driven by strong consumer preference for e-commerce. This shift has transformed the dynamics of packaging materials used in the sector. There has been a significant demand from the logistics sector for…
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Added by Yashi Vaidya on October 22, 2024 at 6:22am —
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According to Fact.MR, a market research and competitive intelligence provider, the calcium formate market is projected to reach a valuation of US$ 804.7 million by 2033, with a forecasted CAGR of 4.2%.
Calcium formate is widely used in leather tanning, and the rising demand for luxury leather goods, driven by an increasing number of high-net-worth individuals globally, is expected to boost sales. In the long term, growing demand for animal-derived products and a rising global…
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Added by Yashi Vaidya on October 22, 2024 at 6:03am —
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A recent report by Fact.MR, a market research and competitive intelligence provider, reveals that the global thermochromic materials market is valued at approximately US$ 1.73 billion and is expected to grow at a robust CAGR of 10.2% from 2022 to 2032.
Thermochromic materials are widely used for precise temperature measurement, making them essential in applications such as strip thermometers, LCD displays on calculators, and mood rings. These organic compounds exhibit a sharp color…
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Added by Yashi Vaidya on October 22, 2024 at 5:28am —
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According to the latest study by Fact.MR, a provider of market research and competitive intelligence, the global ruthenium market is projected to reach US$ 8.18 billion by 2033, growing at a CAGR of 4.7% from 2023 to 2033.
Ruthenium is a versatile silvery-white metal and is the most recently identified member of the platinum group. This element is typically found in ores alongside other platinum group metals (PGMs) in North and South America. South Africa and Canada also hold…
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Added by Yashi Vaidya on October 21, 2024 at 6:30am —
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The current Bioinspired Materials market report provides an in-depth analysis of market size, share, and future projections. The FactMR research team has examined key trends in the industry and identified potential opportunities for manufacturers. The report offers detailed insights into the major market regions for bioinspired materials.
It includes comprehensive data compiled from thorough market analysis, presented in an accessible format with charts and graphs that highlight key…
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Added by Yashi Vaidya on October 21, 2024 at 6:16am —
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According to Fact.MR, a market research and competitive intelligence provider, the steel pipe coatings market is projected to grow at a CAGR of 4.7%, reaching a valuation of US$ 14.0 billion by 2033.
The steel pipe coatings market is a critical sector within the industrial landscape, playing a key role in protecting the integrity and extending the lifespan of steel pipes across various industries. These coatings are essential in preventing corrosion, a significant threat that can…
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Added by Yashi Vaidya on October 21, 2024 at 5:53am —
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According to Fact.MR, a market research and competitive intelligence provider, the global sodium trimetaphosphate market was valued at US$ 38.9 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.4% from 2022 to 2032.
Modified starch offers several functional properties that make it ideal for a variety of industrial applications. Its ability to absorb water and increase in volume gives food products a desirable texture, making it an effective fat…
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Added by Yashi Vaidya on October 21, 2024 at 5:26am —
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According to a recent report by Fact.MR, a market research and competitive intelligence provider, the global metallocene polyolefin market is currently valued at US$ 13.77 billion and is expected to grow at a robust CAGR of 9.5% during the forecast period from 2022 to 2032. The market experienced a CAGR of 9.1% between 2017 and 2021.
Metallocene polyolefin is widely utilized in the production of films and sheets, as well as in injection molding. With the rising demand for packaging,…
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Added by Yashi Vaidya on October 17, 2024 at 5:41am —
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The global crusher backing materials market is expected to grow steadily, with an estimated valuation of US$ 33 million by the end of 2030. Factors such as low shrinkage potential, minimal container filler segments, and improved impact tolerance are driving growth in this market.
According to a Fact.MR analyst, “The increasing frequency of mining operations, along with technological advancements in mining technologies, is prompting manufacturers to develop innovative and new…
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Added by Yashi Vaidya on October 17, 2024 at 5:24am —
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The soft magnetic composites (SMCs) market, valued at US$ 4.5 billion in 2023, is projected to reach US$ 8.9 billion by 2033, growing at a CAGR of 7% over the forecast period.
The rising demand for motors in the automotive and electric sectors is a key driver of SMC usage, with soft magnetic composites currently accounting for 60% of the global motor market.
For more insights into the Market, Request a Sample of this Report –…
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Added by Yashi Vaidya on October 17, 2024 at 3:34am —
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The soft magnetic composites (SMCs) market, valued at US$ 4.5 billion in 2023, is projected to reach US$ 8.9 billion by 2033, growing at a CAGR of 7% over the forecast period.
The rising demand for motors in the automotive and electric sectors is a key driver of SMC usage, with soft magnetic composites currently accounting for 60% of the global motor market.
For more insights into the Market, Request a Sample of this Report –…
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Added by Yashi Vaidya on October 17, 2024 at 3:17am —
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The global greaseproof paper market was valued at US$ 1.27 billion in 2022 and is projected to grow at a CAGR of 5.5% from 2023 to 2033.
Greaseproof paper has emerged as a key alternative to traditional food packaging materials. Its eco-friendly nature and cost-effectiveness are major factors driving its increasing adoption. The expanding food packaging industry and a shift in consumer preferences toward non-toxic products are also fueling market growth. Greaseproof paper is…
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Added by Yashi Vaidya on October 17, 2024 at 3:01am —
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According to a newly released report on bio-based polyesters by Fact.MR, the global market is valued at US$ 2.1 billion in 2022 and is expected to grow at a robust CAGR of 16% from 2022 to 2032.
The market growth is primarily driven by the enhanced ability of bio-based polyesters to retain their properties under extreme conditions. Additionally, they offer customizable formulations to meet specific end-use requirements without compromising other key performance attributes, making…
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Added by Yashi Vaidya on October 16, 2024 at 6:21am —
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A new study by Fact.MR estimates that the demand for activated carbon in the Gulf Cooperation Council (GCC) will reach a market value of US$ 134.5 million in 2024. Sales are expected to grow at a CAGR of 7.6%, reaching US$ 257.5 million by 2034.
Air purification and water treatment plants in the GCC are projected to be key consumers of activated carbon, which is essential for improving odor and removing impurities from water. Additionally, the presence of a robust oil and gas…
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Added by Yashi Vaidya on October 16, 2024 at 5:58am —
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The glass-filled nylon market in Germany holds a significant share, representing almost 20% of the global market, and it is projected to experience a steady expansion at a compound annual growth rate (CAGR) of 8.2% throughout the forecast period. The anticipated growth of the automotive sector in Germany is expected to present attractive prospects for suppliers of glass-filled nylon.
At present, the worldwide glass-filled nylon market is valued at approximately US$ 9.5 billion.…
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Added by Yashi Vaidya on October 16, 2024 at 5:40am —
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According to Fact.MR, a market research and competitive intelligence provider, the global metallurgical grade silicon market is valued at US$ 6.7 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2032.
Metallurgical grade silicon plays a crucial role in the production of solar cells, contributing to the expansion of solar energy installations. Its application in the metal industry is also expected to drive market growth. The…
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Added by Yashi Vaidya on October 16, 2024 at 5:07am —
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The global sodium tripolyphosphate (STPP) market is projected to reach a valuation of US$ 2.4 billion in 2023, with growth at a CAGR of 4.5%, reaching US$ 3.7 billion by 2033.
STPP is commonly available in crystalline white powder and granular forms, and it is extensively used in various industries. It serves as a key ingredient in the production of synthetic detergents, water treatment processes, and is also utilized in sectors such as paints, ceramics, and varnish…
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Added by Yashi Vaidya on October 10, 2024 at 5:41am —
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