During the past year, the industry registered a Y-o-Y increase worth 4.1%. From 2022 to 2032, propylene glycol sales are poised to flourish at a CAGR of 4.2% to reach a value of US$ 6.5 Billion by the end of 2032. Propylene glycol, commonly known as PG, is a versatile chemical compound that has witnessed remarkable growth and transformation in recent years. This colorless, odorless, and...

The global phosgene market is valued at US$ 4.76 billion in 2023 and is forecasted to reach US$ 8.4 billion by the end of 2033, expanding at a CAGR of 5.8% from 2023 to 2033. The phosgene market is a vital segment of the global chemical industry, primarily known for its use in the production of various chemicals and applications across different sectors. Phosgene, with its chemical formula...

The global plasterboard market is valued at US$ 26.65 billion in 2023 and is projected to reach US$ 46.3 billion by 2033, expanding steadily at a CAGR of 5.7% from 2023 to 2033. Plasterboard has revolutionized interior design and building techniques, making it an important sector of the construction industry. Plasterboard, also referred to as drywall or gypsum board, is frequently utilized...

Global spray drying equipment market accounts for a valuation of US$ 5.4 billion in 2023 and is extrapolated to secure a revenue of US$ 9.5 billion by 2033-end. This Fact.MR research analysis predicts global demand for spray drying equipment to increase at 5.8% CAGR over the next ten years. Spray drying is a widely used industrial process that involves the conversion of a liquid substance into...

The global sun protection active ingredients market is set to reach a valuation of US$ 816.3 million in 2023 and further expand at a CAGR of 5.3% to reach US$ 1,370.3 million by the end of 2033.In recent years, the sun protection active ingredient market has witnessed significant growth, driven by increasing awareness about the harmful effects of UV radiation on the skin and the rising...

The global insulation mineral wool market is valued at US$ 19.1 billion in 2023 and is forecasted to reach US$ 31 billion by 2033, expanding at a CAGR of 5% from 2023 to 2033. The Insulation Mineral Wool market has been witnessing significant growth over the past decade due to increasing awareness about energy efficiency and sustainability. Mineral wool, also known as rock wool or stone wool,...

The global engine flush market is forecasted to increase at a CAGR of 3.85% and touch a valuation of US$ 2.41 billion by the end of 2033, up from US$ 1.65 billion in 2023. The engine flush market is a vital but often overlooked sector within the automotive industry. Engine flush products play a significant role in maintaining and extending the lifespan of internal combustion engines. Importance...

The global metal cleaning chemicals market is estimated at USD 13.3 Billion in 2022 and is forecast to surpass USD 18.9 Billion by 2032, growing at a CAGR of 3.5% from 2022 to 2032. The global metal cleaning chemicals market plays a pivotal role in various industries, including manufacturing, automotive, aerospace, and electronics. These chemicals are essential for the removal of contaminants,...

parenteral nutrition market accrued significant gains, being valued at over US$ 6 Billion as of 2021.The industry is expected to reach US$ 7 Billion by 2022-end, experiencing year on year increase of 16% compared to 2021. From 2022-2032, the industry is forecast to increase 2x to reach US$ 14 Billion. Parenteral nutrition, also known as intravenous or IV nutrition, is a medical therapy that...

sodium tripolyphosphate market is anticipated to be worth US$ 2.4 billion by 2023 and to increase at a CAGR of 4.5% to US$ 3.7 billion by the end of 2033. Due to its adaptable qualities, sodium tripolyphosphate (STPP) is a crucial industrial chemical that is used in many different industries. The STPP market has shown rapid expansion over the years, driven by the rise of end-use industries and...

At present, global demand for earthmoving equipment tyres is valued at US$ 13 billion and is expected to increase at 4.2% CAGR from 2023 to 2033. By the end of 2033, the global earthmoving equipment tyres market is forecasted to attain a valuation of US$ 19.7 billion. Construction, mining, agriculture, and forestry all depend heavily on earthmoving machinery, which has led to an increase in the...

expanded polystyrene market is expected to be worth US$ 18.5 billion globally in 2023 and US$ 30.2 billion by the end of 2033, with a CAGR of 5.0%. Due to its adaptable qualities and broad variety of uses, the Expanded Polystyrene (EPS) market has experienced significant expansion over the past few decades, emerging as a significant player in numerous sectors. Expanding polystyrene beads with a...

The global propane market is valued at US$ 92.3 billion in 2023 and is forecasted to reach US$ 156 billion by 2033, expanding at a CAGR of 5.3% over the decade. Propane, a versatile hydrocarbon gas, has emerged as a key player in the global energy market. Its widespread applications, environmental advantages, and cost-effectiveness have contributed to its growing significance. In this article,...

According to a detailed industry analysis by Fact.MR, in 2023, the global vernaldehyde market stands at US$ 143.3 million and is predicted to reach US$ 216.3 million by 2033. Worldwide sales of vernaldehyde are projected to increase at a CAGR of 4.2% from 2023 to 2033.Vernaldehyde, also known as paraformaldehyde, is a versatile organic compound with a chemical formula of (CH2O)n. It is a...

According to this latest Fact.MR industry analysis, the global ethylene diamine tetraacetic acid (EDTA) market is estimated at US$ 1.56 billion in 2023 and is forecasted to increase at a CAGR of 4.2% to reach US$ 2.36 billion by the end of 2033.In the world of chemistry and industrial applications, Ethylene Diamine Tetraacetic Acid (EDTA) stands as a versatile chelating agent that has found its...

According to a recently published report by Fact.MR, the global mill liner market stands at US$ 970 million in 2023. Worldwide demand for mill liners is predicted to rise at a CAGR of 5.8% and reach a market valuation of US$ 1.71 billion by 2033-end. The mill liner market plays a crucial role in the mining, mineral processing, and cement industries by protecting the inner shell of grinding...