Natural Gas and Coal Feedstocks Propel Methanol Market Growth: Global Forecast to 2028
The global methanol market is projected to grow from USD 30.9 billion in 2023 to USD 38.0 billion by 2028, at a CAGR of 4.2% from 2023 to 2028. Methanol, also known as wood alcohol, is a light, volatile, colorless, flammable liquid with a distinctive odor similar to ethanol. It is used primarily as a feedstock in chemical manufacturing, including formaldehyde, acetic acid, and MTBE production. Methanol...
Global Synthetic Yarn Market Growth Driven by Technological Innovations and Expanding Applications – Comprehensive Analysis
The synthetic yarn market is projected to grow from USD 234.1 billion in 2024 to USD 300.5 billion by 2029, at a CAGR of 5.1% during the forecast period. Synthetic yarn has a wide range of applications such as clothing, home textiles, aerospace components, automotive parts and other applications. The growing demand from apparels & home furnishings is driving the growth of synthetic yarn...
Electrical Conduit Market Expands in Oil & Gas and Energy & Utility Sectors: Global Forecast to 2026
The global electrical conduit market size is projected to reach USD 9.1 billion by 2026, at a CAGR of 6.9% from 2021 to 2026. The driving factors for the electrical conduit market are the rapid pace of industrialization and urbanization, and rise in demand for electricity or power generation across the globe. The growth of the electrical conduit market is supported by increasing awareness regarding...
Flow Chemistry Market Growth Driven by Chromatography and Liquid-Liquid Extraction Purification Methods
The global Flow chemistry market is projected to USD 2.9 billion by 2028 from an estimated USD 1.7 billion in 2023, at a CAGR of 10.4% during the forecast period. The global Flow chemistry market is driven by Flow chemistry market expansion are This growth is attributed to increasing demand for efficient and sustainable chemical manufacturing processes, as well as the the growing interest...
Core Materials Market Industry Leaders
The market for core materials is likely to grow significantly over the next years, rising from USD 1.6 billion in 2023 to USD 3.0 billion by 2028. Over the course of the projection period, this growth is anticipated to occur at a compound annual growth rate (CAGR) of 13.5%. Numerous industries, including wind energy, maritime, automotive & transportation, aerospace & military, construction,...
FEP Heat Shrink Medical Tubing Market Industry New Revenue Pockets
The market size of FEP heat shrink medical tubing is estimated to be USD 145 million in 2024, and it is projected to reach USD 208 million by 2029 at a CAGR of 7.4%. FEP heat shrink medical tubing is made from a polymer material known as fluorinated ethylene propylene (FEP). When subjected to heat, this tubing undergoes a reduction in diameter, tightly conforming to the objects it encloses. Widely...
Water & Wastewater Treatment Equipment Market Industry Leaders
The water and wastewater treatment equipment market market is projected to reach USD 87.7 billion by 2029, at a CAGR of 5.0% from USD 68.7 billion in 2024. The market growth is driven by increasing water scarcity concerns which in turn drives the adoption of sustainable water management practices. The increase in industrial water consumption and discharge and growing global population along with...
Solar Panel Recycling Market Industry Leaders
The solar panel recycling market is projected to reach USD 931 million by 2029, at a CAGR of 19.3% from USD 385 million in 2024. The market growth is driven by the increasing value of recycled materials due to market demand along with the increasing electronic waste and landfills and the growing need for recycling and reuse of raw materials that can be recovered from solar panel recycling.
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Bio-Butadiene Market Applications, Trends, Growth, Opportunities, Regional Analysis and Forecast to 2029
The Bio-butadiene market is projected to reach USD 94 million by 2029, at a CAGR of 10.1% from USD 58 million in 2024. Bio-butadiene is a renewable chemical derived from biomass sources, offering an eco-friendly alternative to traditional butadiene, which is typically produced from crude oil and naphtha. Chemically identical to its petroleum-based counterpart, bio-butadiene is created using sustainable...
Green Preservatives Market: Size, Opportunities, Challenges, Top Manufacturers, Growth, Regional Trends, Key Segments, and Forecast
The green preservatives market size is estimated to grow from USD 1.1 billion in 2023 to USD 1.5 billion by 2028, at a CAGR of 7.1% in terms of value. The increasing consumer demand for natural and sustainable products, along with rising awareness of the benefits of green preservatives serves as a significant driver for innovation. This scenario presents a unique opportunity for the industry to focus...