[Latest 2029] Lubricants Market Estimation, Key Players, Growth Opportunities
In terms of value, the lubricants market is estimated to grow from USD 173.5 billion in 2024 to USD 198.4 billion by 2029, at a CAGR of 2.7%. Lubricants market have grown as the demand from marine applications, and high-performance engines is mounted immensely worldwide in the last two decades. These factors drive the lubricants market.
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Sodium-Ion Battery Market Share, Size, Trends, Recent Development & Global Forecast
The global sodium-ion battery market is projected to grow from USD 0.5 billion in 2023 to USD 1.2 billion by 2028, at a CAGR of 21.5 % during the forecast period. The sodium-ion battery market is experiencing significant growth driven by the rising demand for energy storage solutions, particularly in renewable energy systems and electric vehicles, where sodium-ion batteries offer a viable alternative....
Sulfuric Acid Market: Drivers, Restraints, Segments and Opportunities
Sulfuric acid is a highly corrosive and strong mineral acid with the chemical formula H2SO4. It is colorless, odorless, and water-soluble, with a viscous texture. Sulfuric acid is widely used in various industrial processes, including chemical manufacturing, metal processing, fertilizer production, and petroleum refining. It serves as a crucial ingredient in the production of various chemicals, batteries,...
Wood-plastic Composites Industry Size Share, Trends and Global Forecast
The wood-plastic composites market is projected to grow from USD 7.5 billion in 2023 to USD 11.9 billion by 2028, at a CAGR of 9.8% during the forecast period. The wood-plastic composites market is continuously growing with a significant growth rate due to its increasing demand from various applications, such as building & construction products, automotive components, industrial & consumer...
Carbon Fiber Market Analysis: Exploring Opportunities, Trends and Future Outlook
The carbon fiber market is projected to grow USD 7.1 billion in 2023 and is projected to reach USD 23.2 billion by 2033, at a CAGR of 13.2%, in terms of value, from 2023 to 2033. During the forecast period, the global carbon fiber market is expected to grow in the coming years, the demand for carbon fibers is on the rise across diverse end-use industries due unique properties and growing applications...
Trash Bags Market Share, Size, Trends and Global Forecast
The trash bags market is projected to grow from USD 10.6 billion in 2023 to USD 13.7 billion by 2028, at a CAGR of 5.2% from 2023 to 2028. The growth of the market is driven by the increasing awareness of hygiene with rising waste generation and the initiatives taken by governments in China, Europe, the US, and Mexico, among other countries.
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Heavy Construction Equipment Market Share, Size, Trends and Global Forecast
The heavy construction equipment market is projected to grow from USD 190.3 billion in 2022 to USD 252.4 billion by 2028, at a CAGR of 4.8% during the forecast period. Heavy construction equipment is specialized machinery that weighs more than 12 metric tons and performs specific construction or demolition work. The equipment is transportable, semi-permanent, or permanent, and is primarily used for...
Automotive Coatings Market Share, Size, Trends and Global Forecast
The automotive coatings market is projected to grow from USD 15.5 billion in 2023 to USD 19.0 billion by 2028, at a CAGR of 4.1% between 2023 and 2028. The driving factors for automotive coatings is increasing demand for vehicles worldwide, fueled by rising disposable incomes and urbanization. As consumers seek aesthetically appealing and durable coatings to enhance the appearance and longevity...
Plastic Additives Market Share, Size, Trends and Global Forecast
In terms of value, the plastic additives market is estimated to grow from USD 43.5 billion in 2023 to USD 57.0 billion by 2028, at a CAGR of 5.6%. Rising demand of plastic additives from industries such as packaging, construction, consumer goods, automotive, and others for variety of applications is leading the market. During the forecast period, this is anticipated to expand the plastic additives...