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Showing posts from August, 2023

Nickel Cobalt Manganese Market to Experience Robust 15.7% CAGR in 2023-2033 Period

  In 2023, the Nickel Cobalt Manganese Market is expected to be worth US$ 2.3 billion . The market is expected to reach US$ 10.0 billion by 2033, expanding at a 15.7% CAGR throughout the forecast period. The increasing sales and production of electric vehicles is a key driver for the NCM cathode materials market. NCM cathodes are widely used in lithium-ion batteries for EVs due to their high energy density, improved thermal stability, and longer lifespan compared to other cathode materials. The ongoing research and development efforts to enhance battery performance, including energy density and cycle life, are driving the demand for advanced cathode materials like NCM. Continuous improvements in battery technology increase the efficiency and competitiveness of NCM cathode materials. Nickel Cobalt Manganese cathode materials also find applications in energy storage systems, such as grid-scale storage and residential energy storage solutions. The growing demand for renewable e...

Growing Demand for Ink Receptive Coatings to Drive a 4.4% CAGR by 2033

  In 2023, the Ink Receptive Coatings Market is expected to be worth US$ 1,256.4 million. The market is expected to reach US$ 1,932.5 million by 2033, expanding at a 4.4% CAGR throughout the forecast period. Ink receptive coatings are used in various applications where high-quality printing is required. These coatings enhance ink adhesion, color vibrancy, print resolution, and durability on different substrates. Ink receptive coatings are primarily used in printing applications such as digital printing, flexography, gravure printing, and screen printing. They are applied to a wide range of substrates including paper, plastic films, metal, glass, and textiles. The coatings provide a receptive surface that allows inks to adhere better and spread evenly, resulting in sharp and vibrant printed images. The market for ink receptive coatings has been witnessing growth due to the increasing demand for high-quality printing across various industries such as packaging, advertising, publ...

Amino Acids Market Poised for Impressive 8.7% CAGR during 2023-2033

  The global  Amino Acids Market  is expected to attain a valuation of US$ 27.5 billion in 2023 and is projected to reach US$ 63.4 billion by 2033, expected to expand at a CAGR of 8.7% during the forecast period. The market growth is driven by higher consumer spending power and rising awareness of healthy lifestyles and preventive healthcare. Amino acids are utilized in health supplements to alleviate muscle pain, reduce fatigue, and mitigate cardiovascular disease risks. Additionally, they are gaining popularity as nutritional sports supplements, with athletes opting for amino acid-based products like tablets, powders, and drinks to support muscle growth. The health benefits of amino acids are expected to drive increased demand for amino acids in various nutraceuticals and dietary supplements throughout the forecast period.  Increasing consumer awareness of health and the demand for nutritious food have prompted food & beverage manufacturers to incorporate ess...

Projected 6.3% CAGR Propels Advanced Surface Treatment Chemical Market to US$ 9,193.1 Million by 2033

  The  Advanced Surface Treatment Chemicals Market  is expected to be worth US$ 9,193.1 Million by end of the forecast period. The market is anticipated to witness a considerable growth rate of 6.3% over the forecast period. Advanced Surface Treatment Chemicals are widely used in various end use industries including automotive, aerospace, construction, packaging and so on. These chemicals are used for different purposes such as surface preparation, corrosion protection, enhanced surface properties and others. One of the prominent reasons behind using advanced surface treatment chemicals is to protect surfaces from corrosion. These chemicals are primarily employed to protect surface, particularly metals from corrosion. As corrosion can cause damage, loss of functionality and reduced lifespan of the base material, use of surface treatment chemical is necessary. Apart from the corrosion, they are also used to enhance the adhesion property. Surface treatment chemicals suc...

Rust Remover Market Expected to grow at a 4.4% CAGR from 2023 to 2033

  According to forecasts, the Rust Remover Market is expected to be US$ 531.6 million in 2023 and US$ 817.7 million by 2033. Rust remover market growth has been fueled by the construction and automotive industries' ongoing search for low-cost corrosion removal technologies. Rust remover compounds now face fierce competition from developments in composite materials. The rising popularity of ultrasonic technology for rust removal has also limited the potential of the rust remover sector. The rust remover industry's revenue growth is anticipated to be supported by the rising number of remodeling and restructuring projects. Moreover, it is projected that rising government activities and the rising expenses associated with corrosion would increase demand for rust removers. Take advantage of industry expertise and access valuable market insights to develop effective growth strategies. Download our sample now @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4882 U...