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The global in-mold labels market was valued at USD 3.0 billion in 2022 and is anticipated to propel at a CAGR of 4.20% over the projected period. The increasing focus on the presentation of product, along with the rising demand for aesthetically appealing packaging, and rising consumer preference for sustainable packaging, are a few key factors propelling the sprouting of the...Read More »
The global sea salt market was valued at USD 18,310.2 million in 2022 and is expected to grow at a CAGR of 3.2% over the forecast period. Sea salt's extensive utilization in diverse sectors, such as agriculture, animal feed, water treatment for plants, and ice melting, plays a pivotal role in fostering market growth. Its effectiveness in these applications, combined with its natural properties, positions the product as a preferred choice for various...Read More »
The global tools market was valued at USD 91.5 billion in 2022 and is expected to grow at a CAGR of 5.2% over the forecast period. The increasing product demand from various industries such as construction, furniture, metal fabrication, repair & renovation, and others is predicted to boost the growth of the market over the forecast period. The product is used in several applications such as hammering, drilling, grinding, sawing, and others in these...Read More »
The global wooden decking market size was valued at USD 8.48 billion in 2022 and is expected to grow at a CAGR of 2.6% over the forecast period. Wooden decking refers to the construction of outdoor platforms using wooden boards or planks and is commonly used in outdoor spaces like gardens, patios, balconies, and around swimming pools. Wooden decking offers an attractive and natural aesthetic, making it a popular choice for outdoor...Read More »
The global gyroscope market was valued at USD 2.50 billion in 2022 and is expected to grow at a CAGR of 4.42% over the forecast period. The market growth in the defense and commercial sectors is being driven by the rising adoption of drones and unmanned aerial vehicles (UAVs), along with the increasing utilization of gyroscopes in smartphones and handheld devices. These factors are playing a pivotal role in enhancing market expansion and driving industry...Read More »
The global oil refining market was valued at USD 1,687.7 billion in 2022 and is expected to grow at a CAGR of 4.28% over the forecast period. This market is characterized by its intricate processes, vast infrastructure, and its role as a crucial link in the supply chain of energy and petrochemicals. The demand for refined petroleum products, including gasoline, diesel, jet fuel, and petrochemical feedstock, is perpetually driven by economic growth, population expansion, and industrial...Read More »
The global ring main unit market was valued at USD 2234.54 million in 2022 and is expected to grow at a CAGR of 7.5% over the forecast period. The global ring main unit market has witnessed significant growth and evolution in recent years. ring main units are essential components in medium-voltage electrical distribution networks, used for efficient power distribution and protection. One of the primary drivers of the ring main unit market is the increasing demand for reliable and uninterrupted power...Read More »
The global interior doors market was valued at USD 55.59 billion in 2022 and is expected to grow at a CAGR of 4.8% over the forecast period. This is attributed to the rapid growth in the construction market around the world creating a significant demand for interior doors. The economic growth in developing economies such as China and India has contributed to growth in the consumption of interior...Read More »
The global sand market size was valued at USD 151.00 billion in 2022 and is expected to grow at a CAGR of 4.2% over the forecast period. Sand is a vital component in the construction industry, utilized in the production of concrete and mortar. The growth of the market is being driven by the ongoing global expansion of urbanization and infrastructure...Read More »
The global textile felt market was valued at USD 917.1 million in 2022 and is expected to grow at a CAGR of 15.4% over the forecast period. The biodegradable nature of the product is increasing its appeal among consumers who prioritize sustainability and eco-friendly materials. As awareness of environmental issues grows, there is a rising demand for organic and biodegradable goods, including textile felt. Furthermore, technological advancements and innovations in the textile industry have led to the development of new applications for the...Read More »
The global LNG bunkering market was valued at USD 1,150.1 million in 2022 and is expected to grow at a CAGR of 28.67% over the forecast period. LNG bunkering involves supplying liquefied natural gas as a fuel source for a vessel's self-use. The primary benefit of using LNG as a fuel lies in its significant reduction of pollutants compared to conventional ship fuels like heavy fuel oil, marine gas oil (MGO), and marine diesel fuel...Read More »
The global tidal energy market was estimated at 127 GWh in 2022, with tidal energy generation expected to grow at a CAGR of 1.64% from 2023 to 2030. Increasing investments in tidal farms and demonstration projects across Europe, Canada, and South Korea is driving power generation through ocean tides. However, the industry has been facing a slow rate of installations due to challenges faced during the COVID-19 pandemic. It's important to note that this reduction reflects a deviation from the initially projected installation...Read More »
The global molybdenum market size was valued at USD 4.25 billion in 2022 and is expected to grow at a CAGR of 4.0% over the forecast period. Molybdenum is the key alloying agent required in steel production thus, the growing steel production drives the demand for the market. As per the World Steel Association, global crude steel production reached 1,885.4 million tons in 2022, compared to 1879.4 million tons in...Read More »
The global frac sand market was valued at USD 7.04 billion in 2022 and is expected to grow at a CAGR of 8.4% over the forecast period. The primary driver of frac sand demand has been the expansion of shale oil and gas production. Hydraulic fracturing, or fracking, is a technique used to extract hydrocarbons from tight shale formations. It involves injecting a mixture of water, chemicals, and sand into the rock to create fractures, and frac sand is used to prop these fractures open, allowing oil and gas to flow more...Read More »
The global foliar spray market was valued at USD 6.91 billion in 2022 and is expected to grow at a CAGR of 5.4% over the forecast period. The demand for foliar sprays in the agricultural market is experiencing robust growth due to their ability to significantly enhance crop yields, improve nutrient efficiency, and provide quick responses to nutrient deficiencies. Foliar sprays provide a highly efficient method of delivering essential nutrients directly to plant...Read More »
The global doors market was valued at USD 91.28 billion in 2022 and is expected to grow at a CAGR of 4.3% over the forecast period. Increasing construction spending across the globe is anticipated to elevate the penetration of residential and commercial structures. In recent years, the commercial construction industry has witnessed significant growth owing to increasing infrastructural...Read More »
The global Methane Sulfonic Acid Market was valued at USD 710.0 million in 2022 and is expected to grow at a CAGR of 4.40% over the forecast period. The expansion of industries such as pharmaceuticals, agrochemicals, and specialty chemicals is an essential driver for the methane sulfonic acid market. Methane Sulfonic Acid is commonly used as a catalyst and solvent in a variety of chemical processes such as esterification, alkylation, and...Read More »
The global bricks market was valued at USD 1,642.15 billion in 2022 and is expected to grow at a CAGR of 3.1% from 2023 to 2030. The market is a vital component of the construction industry, serving as one of the oldest and most fundamental building materials. One of the key characteristics of the market is its versatility. Bricks come in a wide variety of sizes, colors, and textures, allowing architects and builders to create structures with diverse aesthetics and...Read More »
The global bronze market size was valued at USD 9.77 billion in 2022 and is expected to grow at a CAGR of 3.0% over the forecast period. Rising investments in the construction and automotive industries are anticipated to augment market growth over the forecast period. Properties such as unique color and corrosion resistance aid the product’s penetration in applications, including furniture, ceiling, wall panels, and automobile parts. Rapid urbanization and increasing production of vehicles are, thus, expected to push demand for bronze alloys over the forecast...Read More »
The global composite materials and aluminum alloys in aerospace market was valued at USD 21.1 billion in 2022 and is expected to grow at a CAGR of 9.3% over the forecast period. Composite materials and aluminum alloys have long played pivotal roles in the aerospace industry, each offering a unique set of advantages. Aluminum alloys, renowned for their strength-to-weight ratio, have been a staple in aircraft manufacturing for...Read More »