The value of the esters market stood at USD 93.8 billion in 2023, and this number is projected to reach USD 136.7 billion by 2030, advancing at a CAGR of 5.7% during the projection period.
This development of the industry can be credited to the thriving automobile industry, increasing requirement for coatings in the construction industry, and rising usage of esters across the...
Polyolefin states to a group of polymers produced from an olefin monomer. As thermoplastics, such materials are widespread since they are tremendously simple to meld to shape and can be reformed again and again just by recapping the melding, heating, and cooling process. They array from fluid-like to stiff solids and offer lightweight things that are also flexible, durable, and provide better...
In 2023, the global laminating adhesives market was valued at USD 3,785.8 million and is projected to grow to USD 5,661.9 million by 2030, achieving a compound annual growth rate (CAGR) of 6.0% from 2024 to 2030. This growth is driven by rapid advancements in the consumer durables, flexible packaging, e-commerce, and pharmaceutical sectors, as well as increasing urban populations and rising...
The total revenue generated by the electric commercial vehicle market was USD 68.9 billion in 2022, and it will power at a rate of 36.2% in the years to come, to touch USD 814.8 billion by 2030.
The decreasing cost and improving working efficiency of batteries and the lasting cost benefits of EVs are the key factors powering the growth of the industry.
In consort with these, the increasing...
The rising focus on improving supply chain management is one of the biggest factors fuelling the rise in the adoption of manufacturing analytics in the U.S. The main factors responsible for the increasing focus toward enhanced supply chain management are soaring awareness about supply chain management, rising need for higher customer satisfaction and reduced operational costs, and increasing...
The Philippines micromobility market is expected to reach a value of USD 13,899.7 million by 2030, with a remarkable compound annual growth rate CAGR of 158.6%. This significant growth is attributed to the increasing need to address air pollution and reduce transportation costs, a rising demand for efficient micromobility services to enhance first- and last-mile connectivity, and a decline in...
The glycolic acid market was valued at USD 309.3 million in 2021, and it is set to reach USD 604.4 million by 2030, growing at a CAGR of 7.7% between 2021 and 2030, according to a research report by a market research company P&S Intelligence....
The global basalt fiber market has captured $283.8 million in revenue in 2021, and it is projected to advance at the rate of 12.2% from 2021 to 2030, to capture $798.6 million in revenue in 2030, as per the P&S Intelligence.
This can be accounted to the fact that glass fiber can be substituted with basalt fiber in polymer matrix composites as a possible polymer...
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