According to Fact.MR's recently published report on phenolic resins, the global market is expected to reach a valuation of USD 14,685.1 million in 2022, with a compound annual growth rate (CAGR) of around 5.4% between 2022 and 2032. Furthermore, Fact.MR projects the global phenolic resins market to exceed USD 24,782.1 million by the end of 2032. This growth is attributed to the building and construction as well as the electrical and electronics industries.
Producers are focusing more…
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Added by Yashi Vaidya on August 8, 2024 at 3:22am —
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Governments are promoting sustainable practices in almost every sector around the world. This, combined with the growing demand for hard-to-find automobile components, has made part remanufacturing a lucrative business. According to a new Fact.MR report, the global automotive parts remanufacturing market is expected to reach US$ 70.12 billion in 2024, growing at a 9.3% CAGR through 2034.
Remanufacturers and original equipment manufacturers (OEMs) are working together to promote…
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Added by Yashi Vaidya on August 7, 2024 at 5:46am —
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The global aerospace floor panel market was valued at USD 440 million in 2022 and is projected to reach USD 758 million by 2032, with a compound annual growth rate (CAGR) of 5.6% over the decade.
In 2021, this market represented approximately 5% of the overall global floor panel market. It is expected to grow at a CAGR of 4.9% during the forecast period from 2022 to 2032.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:…
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Added by Yashi Vaidya on August 7, 2024 at 5:10am —
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According to a detailed analysis by Fact.MR, a leading market research and competitive intelligence provider, the Aprotic Solvents Market is projected to grow at a CAGR of 4.2%, surpassing US$ 28.18 billion by 2032.
Advancements in manufacture ng technology and innovations in aprotic solvents are key drivers of this growth. These solvents play a crucial role in agriculture by enhancing yield, improving product quality, and reducing production costs. Increasing demand for consumer…
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Added by Yashi Vaidya on August 6, 2024 at 6:00am —
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The global vertical lift module market was valued at US$ 1.5 billion in 2023 and is expected to reach US$ 3.4 billion by the end of 2033. Global demand for vertical lift modules is predicted to increase by 8.5% per year between 2023 and 2033.
The internal bay vertical lift module is the ideal solution for space-constrained applications. These modules provide cost-effectiveness, quick operation, space savings, increased production, and better picking accuracy.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚…
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Added by Yashi Vaidya on August 6, 2024 at 5:41am —
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According to a recent Fact.MR report, the renewable chemicals market generated revenues of US$ 86.7 billion in 2021 and is projected to grow at a CAGR of 10.6% from 2022 to 2032, reaching an estimated value of US$ 262.9 billion by 2032. Between 2017 and 2021, the renewable ethanol market experienced a CAGR of 11.4%.
The COVID-19 outbreak disrupted the renewable chemicals market by affecting production and demand and causing global supply chain interruptions due to factory shutdowns,…
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Added by Yashi Vaidya on August 5, 2024 at 6:26am —
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The global agricultural sprayers market has attained a valuation of US$ 2.14 billion in 2023. Projections from Fact.MR indicate that this market is set to expand significantly, reaching an estimated size of US$ 3.84 billion by 2033. This growth trajectory is underpinned by a steady compound annual growth rate (CAGR) of 6% anticipated over the course of the next decade.
Agricultural sprayers represent a vital component of contemporary farming practices, serving as indispensable tools…
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Added by Yashi Vaidya on August 5, 2024 at 6:14am —
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The global paints and coatings market is projected to reach a valuation of US$ 160,054.3 million in 2023 and expand at a compound annual growth rate (CAGR) of 5.1% between 2023 and 2033.
The worldwide paint and coatings industry, which includes companies that produce and market a wide range of products such as wood coatings, automotive paints, and industrial and architectural coatings, is a vital component of the global economy. This industry's growth is driven by government…
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Added by Yashi Vaidya on August 1, 2024 at 6:25am —
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The global conductive textile market is expected to be valued at US$ 2.6 billion in 2023, rising at a CAGR of 12.0% to US$ 8.2 billion by the end of 2033.
The increasing demand for more efficient medical imaging sensors, wearable antennas for wireless communications, and other applications is expected to drive the conductive textiles market. Furthermore, the growing use of smart textiles and wearable devices, together with increased knowledge of their functions, are the key drivers…
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Added by Yashi Vaidya on August 1, 2024 at 5:48am —
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Based on projections, the worldwide industrial floor scrubber market is expected to expand at a compound annual growth rate (CAGR) over 8% between 2020 and 2030. Scrubbers are superior to market-leading conventional cleaning methods in a variety of ways, including great cleaning efficiency, ease of use, and quicker dry times. The COVID-19 outbreak in the early stages of the pandemic caused the governments of several nations to implement strict cleaning regulations. In the end, this prompted…
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Added by Yashi Vaidya on July 31, 2024 at 6:31am —
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The global market for construction drone services is expected to reach a market size of US$3.3 billion by2023, rising at a compound annual growth rate (CAGR) of 23.4% over the forecast period of 2023-2033. By 2033, the market is expected to reach a size of US$ 9376.0 million.
The primary drivers of this market growth include the growing demand for cost-effective construction solutions, increasing demand for data-driven solutions to improve project efficiency, and the availability of…
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Added by Yashi Vaidya on July 31, 2024 at 6:22am —
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The global market for construction drone services is expected to reach a market size of US$3.3 billion by2023, rising at a compound annual growth rate (CAGR) of 23.4% over the forecast period of 2023-2033. By 2033, the market is expected to reach a size of US$ 9376.0 million.
The primary drivers of this market growth include the growing demand for cost-effective construction solutions, increasing demand for data-driven solutions to improve project efficiency, and the availability of…
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Added by Yashi Vaidya on July 31, 2024 at 6:08am —
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The automotive electronics industry is expected to grow from US$ 261.8 billion in 2023 to $580. 5 billion by the end of 2033. Over this time period, the global automotive electronics market is predicted to rise at an 8.2% CAGR.
The rapid acceptance of electrification trends, as well as the increased integration of modern electronic systems, have fueled the rise of automotive electronics in recent years. Future exports are projected to benefit from increased government focus on safety…
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Added by Yashi Vaidya on July 30, 2024 at 6:38am —
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The global hollow metal door market is projected to be valued at US$ 3.69 billion in 2024. It is expected to expand at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2034, reaching an estimated value of US$ 6.13 billion by 2034.
This robust market growth is driven by a surge in construction activities worldwide. Hollow metal doors, renowned for their durability and security features, are increasingly being utilized across commercial, industrial, and residential…
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Added by Yashi Vaidya on July 29, 2024 at 5:57am —
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The global hollow metal door market is projected to be valued at US$ 3.69 billion in 2024. It is expected to expand at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2034, reaching an estimated value of US$ 6.13 billion by 2034.
This robust market growth is driven by a surge in construction activities worldwide. Hollow metal doors, renowned for their durability and security features, are increasingly being utilized across commercial, industrial, and residential…
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Added by Yashi Vaidya on July 29, 2024 at 5:55am —
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The global deodorant and antiperspirant ingredient market is projected to reach a valuation of $34.36 billion by 2024. According to a new study by Fact.MR, worldwide sales of deodorant and antiperspirant ingredients are expected to grow at a steady CAGR of 5.2% from 2024 to 2034.
As personal grooming and cleanliness become increasingly important to people worldwide, the use of deodorant and antiperspirant products is on the rise. Deodorants combat odor in two main ways: by using…
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Added by Yashi Vaidya on July 23, 2024 at 3:27am —
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The chlorinated polyvinyl chloride (CPC) market is projected to be valued at US$ 4,565.6 million in 2024. Growing at a CAGR of 5.2% from 2024 to 2034, the market is expected to reach US$ 7,974.0 million by 2034.
The market's growth is driven by CPC's wide range of applications, particularly in building materials. CPC is highly sought after for its enhanced flame retardancy, chemical resistance, and durability, making it a preferred choice for high-performance materials in the…
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Added by Yashi Vaidya on July 23, 2024 at 3:10am —
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According to a new research analysis published by market research and competitive intelligence provider Fact.MR, the low-foam surfactants market will reach US$20.74 billion by 2024. The global demand for low-foam surfactants is forecast to reach a market value of 38.58 billion USD by the end of 2034.
Get Free Sample Copy of This Report:…
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Added by Yashi Vaidya on July 22, 2024 at 6:44am —
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The global building insulation material market size is pegged at US$ 37.56 billion in 2024, according to a new study published by Fact.MR. Worldwide demand for building insulation materials is forecasted to increase at 6.7% CAGR and reach a market value of US$ 71.85 billion by the end of 2034.
Implementation of stringent building codes and regulations aimed at improving energy efficiency in construction projects is predicted to encourage the adoption of insulation materials to…
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Added by Yashi Vaidya on July 22, 2024 at 6:24am —
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The global ammunition market was valued at US$ 19.2 billion in 2021 and is projected to see a year-on-year increase of 4.16% in 2022, reaching a value of US$ 20 billion. During the 2022-2032 assessment period, demand is expected to rise at a 5.7% compound annual growth rate (CAGR), potentially reaching US$ 35 billion by the end of the forecast period.
The primary driver of this demand is increased defense spending to counter external aggression. Additionally, the development of…
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Added by Yashi Vaidya on July 19, 2024 at 6:07am —
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