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Showing posts from May, 2023

Future Prospects of Ground And Precipitated Calcium Carbonate Market and Industry Forecast

  During the forecast period, the global ground and precipitated calcium carbonate market is anticipated to grow at a CAGR of 5.4%. The market is anticipated to be worth US$ 24,442.70 million in 2022 and US$ 41,357.6 million by 2032. The rise in demand for plastic and paper products in the packaging industry over the anticipated period is driving up demand for ground and precipitated calcium carbonate on a global scale. Additionally, expanding operations in the rubber, construction, and pharmaceutical industries have recently fueled the global market share for ground and precipitated calcium carbonate. Calcium carbonate is one of the most abundantly occurring minerals on earth and composes nearly four percent of earth’s crust. It exists naturally in the form of limestone, marbles and chalk formed by sedimentation over a period of time. It is one of the most versatile compounds and finds a variety of applications across a diverse set of industries including construction, steel,...

Industrial Sodium Chloride Market Size and Growth: Insights into Market Dynamics

  According to the research conducted by Future Market Insights, the global  industrial sodium chloride market  is expected to grow with a phenomenal CAGR of 4.2% over the forecast period from 2022 to 2032. The global market is expected to reach a valuation of around US$ 14,513.9 Million in 2022. The sales of the industrial sodium chloride market are anticipated to increase with the top 3 countries that are projected to hold approximately 30-35% of the market by the end of 2022. It goes without saying that the pandemic has impacted all facets of society including disruptions in the worldwide supply chain which had a major impact on the market for industrial sodium chloride. However, when gradually the infection curves started to decrease in 2022, FMI predicted that the demand for industrial sodium chloride predicts a CAGR of 4.2% by 2032. One important reason for highlighting this industry's higher growth in the forecast period is the rising global demand for ...

Future Prospects of Fiber Cement Market and Industry Forecast

  The global  fiber cement market  is expected to reach a value of US$ 26,970.3 Million in 2032, with the market growing at an average CAGR of 4.7% during the forecast period of 2022 to 2032. In 2022, the fiber cement market is likely to reach an estimated US$ 17,038 Million; pushed to grow by the escalating need to control carbon emissions from the construction and building sector. Owing to its distinctive physical characteristics like durability and high strength, fiber cement is one of the most popular and essential composite materials. It is used in the manufacture of facade and roofing goods. A vital part of building and construction materials industry, fiber cement gains large-scale usage in both interior and exterior applications like siding, cladding, and roofing, molding and trimming. The material contains all the necessary physical and chemical qualities to endure the negative impact of weather, temperature, and humidity. In addition to this, fiber...

Personal Care Ingredients Market Size and Growth: Insights into Market Dynamics

  The global  personal care ingredients market   is projected to reach a value of  US$ 19,452 Million in 2032 , with the market growing at a moderate  CAGR of 4.9%  over the forecast period of 2022 to 2032. Climbing up from a value of US$ 12,056.20 Million in 2022, the personal care ingredients market is likely to be driven by the heightened emphasis on personal care and self-grooming. The increasing investments in research and development of skin-specific products is supposed to augment the market expansion of personal care ingredients over the projected period. Personal care ingredients are synthetic chemicals that are utilized in different cosmetics and beauty products. People now have access to a variety of international personal care ingredients owing to rising globalization and escalating digitalization. People all over the globe are aware of various regional personal care ingredients due to a combination of globalization and techno...

Future Prospects of Flame Retardant Chemicals Market and Industry Forecast

  In 2022, it is projected that the market for flame retardant chemicals will be worth US$8,560 Million. The market is anticipated to develop at a CAGR of 7.1% from 2022 to 2032, reaching a worth of US$ 16,990 Million by that year. The end-use verticals like transportation, electrical & electronics, construction, and likewise are increasingly incorporating flame retardant chemicals in their daily operations to adhere to fire prevention and safety regulations. In homes and offices, flame retardant chemicals do eliminate risk of fire from consumer and electrical goods. They also perform the function of safeguarding modernized materials and equipment like building insulation, circuit boards, engineering thermoplastics, cables, and likewise. However, halogenated flame retardants like chlorinated, brominated, and others are not preferred due to the health hazards caused by them. It needs to be known that some compounds like HBCD (Hexabromocyclododecane) are banned in Canad...

Calcium Bromide Market Size and Growth: Insights into Market Dynamics

  The market for calcium bromide is predicted to reach US$ 5.3 billion in 2022 and to reach US$ 8.8 billion by 2032, growing at a CAGR of 5.2%. In the power sector, calcium bromide is also used as an oxidant to reduce mercury emissions. Additionally, calcium bromide is used in the treatment of neuroses, hydraulic fluids for automotive suspension, brominated flame retardants, dry plates and light-sensitive sheets for photography, as well as mercury emission controls. Calcium bromide (molecular formula: CaBr2), having a density of 14.2 lbs/gal, is regarded as clear brine fluid. Calcium Bromide is utilized with calcium chloride in oil & gas completion & drilling operations to make the drill cuttings brine free. Calcium bromide is a white powder, odourless in nature, and is formed from calcium salt of hydrobromic acid, which a volatile acid used to formulate other industrial compounds. For info on vendors and their offerings – Request a sample report ...