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Showing posts from July, 2023

Robust Growth Forecasted for Electronics Adhesives Market: CAGR of 9.0% Anticipated, Targeting US$ 12.1 Billion by 2033

  The global Electronics Adhesives Market is anticipated to reach a valuation of US$ 5.1 billion in 2023, driven by rising smart home technological advancements. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 9.0% between 2023 and 2033, and reaching a total valuation of approximately US$ 12.1 billion by 2033. One of the primary factors driving the growth of the electronics adhesives market is the rapid advancement and innovation in electronic devices. The demand for smaller, lighter, and more compact electronic products has increased significantly, leading to the need for adhesive materials that can provide strong and reliable bonding in miniature applications. Electronics adhesives, with the trend of miniaturization, play a crucial role in ensuring the secure attachment of components, enabling the seamless integration of complex electronic systems. Another significant factor contributing to market growth is the increasing comp...

Explosive Growth Ahead: Global Soft Touch Polyurethane Coatings Market to Surge at 9% CAGR, Projected Worth US$ 17,429 Million by 2033

  According to Future Market Insights, the  Soft Touch Polyurethane Coatings Market  size is expected to reach US$ 7,361.85 million by 2023 and US$ 17,429 million by 2033, growing at a 9% CAGR. Polyurethane coatings are used extensively in coating interior components in automobiles and aircraft such as armrests, front control panels, door trims, and door surrounds to protect them from constant wear and tear. In the upcoming years, soft-touch polyurethane coatings will become increasingly popular as ABS plastics are used to make automotive interiors. Mobile phones and laptops also benefit from their scratch resistance and improved appearance. Due to characteristics such as aging resistance, scratch resistance, and abrasion resistance, soft-touch polyurethane coatings are becoming more popular with high-quality covers. A combination of increased electronics production in various countries and strict regulations targeting VOC emissions has pushed up emissions. Luxury and r...

CAGR of 6.2%: Growth Projections for Aviation Fuel Additives Market by 2033

  The global Aviation Fuel Additives Market is anticipated to attain a valuation of US$ 940.82 million in 2023 and is projected to reach US$ 1730.9 million by 2033, trailing a CAGR of 6.2% during the forecast period. The market for aviation fuel additives is experiencing significant growth due to increased demand from the aviation industry. Also, extensive research and development efforts are undertaken in the aviation fuel additives industry. A diverse range of products has been developed to cater to companies involved in converting hydrocarbon fuels for applications like transportation and electricity production. According to ATC data, around 95 percent of on-road retail fuel is treated with performance additives, meeting European government standards. Furthermore, market expansion is expected to be driven by increased research and development in the Ultra-Low Sulfur Diesel sector. The demand for jet fuel additives is expected to benefit from strict emissions regulations...

Growth Prospects: Global Amine Hardener Market to Reach US$ 2.9 Billion by 2033

  In 2023, the Amine Hardener Market is expected to be worth US$ 1.7 Billion . The market is expected to reach US$ 2.9 Billion by 2033, expanding at a 5.1% CAGR throughout the forecast period. With the growing infrastructural and industrial developments in various regions, especially Asia Pacific, the amine hardener market is estimated to witness a significant growth opportunity during the forecast period. The amine hardener industry faces several obstacles, including intense competition from substitutes such as polymercaptan epoxy curing agents and phenalkamine curing agents, rising concerns regarding environmental hazards caused by the use of conventional petrochemical-based epoxy curing agents, and shifting consumer preference towards the use of bio-based curing agents among various end use sectors.  Unlock the potential of the Amine Hardener Market with our exclusive sample! Download our sample report now and gain a competitive edge @ https://www.futuremarketinsigh...

Promising Projections: Global Chromium Salts Market to Achieve US$ 7.6 Billion by 2033

  The  Chromium Salts Market  is forecast to experience a growth of 5.2% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 4,591 million in 2023. China, India, and Brazil, among others, are some of the top emerging markets for chromium salts. Robust industrialization within these economies is driving market growth. Increasing demand for dye and pigments in developing nations is projected to augment the sales of chromium salts. The surging deployment of chromium salts in applications like leather treatment, metal treatment, and water treatment is projected to propel the consumption of chromium salts over the assessment period. Chromium salts are also increasingly used to prevent corrosion formation, thus fueling their demand growth. The technical upgrades concerning the manufacturing process of chromium salts are expected to generate significant opportunities for manufacturers in the coming years. ...

Acaricide Industry to Witness a CAGR of 4.5%, Anticipated to Reach US$ 422 Million by 2033

  The global Acaricide Market is expected to reach US$ 422.2 million by 2033, up from US$ 271.8 million in 2023. The demand for acaricides is predicted to increase at a CAGR of 4.5% during the projected period. The acaricide industry is driven by several key variables that contribute to its development and demand. A key factor is the rising incidence of pests and parasites, such as mites and ticks, which threaten human health, livestock, and agricultural products. As a result, effective acaricides are required to battle these pests and avoid infestations. Furthermore, growing public awareness of vector-borne illnesses transmitted by ticks and mites has increased the usefulness of acaricides in disease prevention. Furthermore, the development of the agricultural and livestock industries and the increasing need for high-quality harvests feed the demand for acaricides as an important component of integrated pest management methods. While the acaricide industry is expanding, it is...