Business Insights

The global Phenylacetic Acid (PAA) market was valued at US$ 62 million in 2023 and is projected to reach US$ 55 million by 2030, at a CAGR of -1.7% during the forecast period (2024–2030). This market contraction reflects shifting pharmaceutical formulations and evolving industrial applications, though PAA remains essential for penicillin production and fragrance manufacturing. […]

The global medium-caliber ammunition market continues to demonstrate steady growth, valued at USD 1.23 billion in 2022 with projections indicating a rise to USD 1.44 billion by 2029, growing at a CAGR of 2.2%. This growth trajectory reflects increasing defense budgets worldwide and ongoing geopolitical tensions requiring modernization of military arsenals. Medium-caliber ammunition serves critical […]

The global 3D Printing UV-curing Resins market is expected to reach US$ 785.2 million by 2028, growing at a CAGR of 17.4% from 2023 to 2028, according to a newly published market research report. 3D Printing UV-curing Resins represent the fastest-growing material segment in additive manufacturing, transforming product development across industries from healthcare to aerospace. […]

The global Conductive Plastic with Carbon-based Fillers Market is experiencing notable expansion, with its valuation projected to rise significantly between 2024 and 2030. These advanced materials, enhanced with carbon black, nanotubes, or graphene, are becoming indispensable across industries requiring lightweight, durable, and electrically conductive solutions. While traditional materials face limitations in performance and sustainability, conductive […]

The Global Precipitated Barium Sulphate Market was valued at USD 2383.52 Million in 2023 and is projected to reach USD 3157.82 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.80% during the forecast period (2024-2029). This growth is driven by expanding applications in coatings, plastics, rubber, and specialty chemicals, along with […]

The Global HFC Blowing Agent Market was valued at USD 317.5 million in 2022 and is projected to reach USD 389.6 million by 2035, growing at a Compound Annual Growth Rate (CAGR) of 3.0% during the forecast period (2024–2035). These fluorocarbon-based agents remain essential for manufacturing energy-efficient insulation foams used across construction, refrigeration, and automotive […]

The global Tantalum Carbide (TaC) market is witnessing steady growth, driven by its critical role in high-temperature industrial applications. As an ultra-high temperature ceramic with exceptional hardness (Mohs 9-10) and melting point (3,880°C), its demand is projected to maintain stable growth through 2030. While aerospace remains the dominant application sector, emerging uses in semiconductor manufacturing […]

The Global Erythritol Blend Products Market was valued at USD 382.7 Million in 2023 and is projected to reach USD 572.4 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2024–2030). This expansion is driven by increasing health consciousness among consumers, rising diabetes prevalence, and growing demand […]

The global Indoor Sound-absorbing Panels Market is experiencing significant growth, projected to reach USD 1.2 billion by 2029 at a CAGR of 7.4% from 2023. This expansion reflects rising demand across commercial, residential, and industrial sectors where noise reduction and acoustic comfort are becoming critical priorities. Sound-absorbing panels not only enhance acoustic performance but also […]

The Global Sponge Copper Market was valued at USD 2.1 Billion in 2023 and is projected to reach USD 3.5 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This robust growth is driven by increasing demand from automotive, aerospace, and electronics manufacturing sectors, along with […]