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Showing posts from June, 2024

Growth Projection: Polyurethane Precursor Market to Surpass USD 80 Billion by 2033

The polyurethane precursor market is expected to be worth USD 80,216.2 Million by end of the forecast period. The market is anticipated to witness a considerable growth rate of 5.6% over the forecast period. Polyurethanes are versatile class of polymeric materials, which offers various extraordinary advantages over other polymeric materials, which make it suitable to use in broad array of end use industries. The most common advantage they offer is, that they have an ability to be made into rigid and soft foams. These foams are further utilized in various end use industries. Polyurethane are mainly made of three precursors namely- polyols, additives and isocyanates. Precursors are like raw materials which are used in the manufacturing of any chemical or polymer. In the Polyurethane case, polyols and isocyanates are widely used precursors in the production of polyurethane. Polyurethane Foam is one of the key applications for Polyurethane Precursor. Flexible and Rigid foams, both are...

Octyl Alcohol Industry Forecast to Surpass USD 8.9 Billion by 2033, Growing Steadily at 2.9% CAGR

The octyl alcohol market size is projected to reach USD 6.7 billion in 2023. The market is likely to surpass USD 8.9 billion by 2033 at a CAGR of 2.9% during the assessment period. According to Future Market Insights (FMI), the market is projected to exhibit an absolute dollar growth of USD 2.2 billion through 2033. Octyl alcohol, also identified as 1-octanol or caprylic alcohol, is a fatty alcohol with the chemical formula C8H18O. It is categorized as a primary aliphatic alcohol and is generally used in several industrial applications due to its multipurpose nature. Request Your Sample and Stay Ahead with Our Insightful Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-17888 Octyl alcohol exists in diverse isomeric forms, of which primary octyl alcohol (1-octanol) is the most common and commercially important. Octyl alcohol has a mild characteristic odor and is comparatively insoluble ...