Chemical Insights

  The advanced automotive materials market is poised for substantial growth, projected to achieve a robust compound annual growth rate (CAGR) of 6.8% throughout the forecast period. With a valuation of US$ 74.9 billion in 2022, the market is anticipated to witness significant expansion, reaching a projected valuation of US$ 144.61 billion by 2032. This impressive growth is indicative of the escalating demand for innovative materials within the automotive industry, driven by advancements in technology, evolving consumer preferences, and a focus on enhancing vehicle performance and sustainability. The automotive industry is undergoing a revolutionary transformation, driven by technological advancements, sustainability goals, and the pursuit of enhanced performance. At the forefront of this evolution is the advanced automotive materials market, a dynamic sector that is reshaping the way vehicles are designed, manufactured, and operated. This market encompasses a wide array of mater...

The fire stopping material market  is estimated to be around US$ 2.1 billion in 2024. It is projected to exhibit a CAGR of 12.2% over the forecast period, with an estimated market size of US$ 6.5 billion by 2034. The tremendous revival of the construction sector, especially after the pandemic has pushed the demand for efficient fire stopping materials to ensure enhanced safety in new constructions and renovations. Fire stopping materials, such as sealants, mortars, coatings, etc., have become increasingly vital in meeting stringent safety standards and regulations in the construction industry. Fire stopping materials also find their applications in industries other than construction and infrastructural development. Their versatility makes them fit for various industries such as manufacturing, oil and gas, aerospace, electrical, telecommunications, etc. The demand for fire stopping materials in these industries is attributed to their ability to prot...

The  spray foam insulation market  is anticipated to experience robust growth with a projected Compound Annual Growth Rate (CAGR) of 6.5% from 2022 to 2032, ultimately reaching a valuation of US$ 3,560 million by 2032. This significant expansion can be attributed to the rising demand for energy-efficient and sustainable building solutions. As industries and consumers increasingly prioritize insulation for enhanced thermal efficiency, the spray foam insulation sector is poised for substantial growth, offering a promising outlook for the market in the coming decade. Spray foam insulation has emerged as a game-changer in the construction industry, revolutionizing the way buildings are insulated for energy efficiency and sustainability. This versatile and innovative insulation material has seen a surge in demand, driven by the growing awareness of its benefits in terms of energy savings, environmental impact, and overall building performance. Request Your Sample Report Now!...

  The global  chlorine disinfectant market  is set to achieve significant growth, with sales expected to surpass US$ 2.8 billion in 2022. Fueled by a robust compound annual growth rate (CAGR) of 5.0%, the market is poised to reach a substantial size of US$ 4.2 billion by 2030. This expansion is indicative of the increasing demand for effective disinfection solutions across various industries, underscoring the vital role chlorine disinfectants play in maintaining hygiene and safeguarding public health. As the market continues to evolve, stakeholders can anticipate lucrative opportunities and innovations in the chlorine disinfectant sector. The survival period of SARS-COV-2 – virus that causes COVID-19 – on inanimate objects differ with various factors including, temperature, and humidity. This accents for the need of frequent cleaning and disinfection of surfaces, thereby, enabling broader usage of chlorine disinfectants. Get a Sample Copy of the Report:  https://...

The  ferric sulphate and polyferric sulphate market  are poised for steady growth, anticipating a year-over-year increase of 4.4% in 2022, reaching an estimated value of US$ 425.7 Million. Future Market Insights (FMI) foresees continued expansion, projecting a global market value of US$ 526.7 Million by the end of the forecast period. This positive trajectory is fueled by heightened demand for water treatment solutions in municipal and industrial sectors. The market benefits from advancements in manufacturing processes and a growing awareness of environmental sustainability, both contributing to its sustained growth. Ferric sulphate and polyferric sulphate are chemical compounds that play vital roles in various industries and water treatment applications. These iron-based coagulants have gained significant importance due to their efficient and cost-effective properties. As global concerns about water quality and pollution increase, the demand for these compounds is expected ...

  The Latin America’s joint compound industry value is expected to increase from  US$ 48.6 million  in 2023 to  US$ 89.5 million  by 2033. Over the assessment period, Latin America's demand for joint compounds is projected to surge at a CAGR of  6.3% . The use of joint compounds in construction applications is expected to surge the growing need for sophisticated coating materials with the capacity to produce quick and seamless joint finishing.  The demand for joint compounds is predicted to rise with the growing need to renovate outdated residential infrastructure and residential development. Joint compound formulas offer reduced shrinkage, good slip, and improved working properties. These are expected to be used for taping, filling, finishing, and skim coating. The quick and seamless process lowers labor expenses and efforts while improving the product's quality and appearance, all of which are projected to fuel the industry’s growth. Request ...