The global propylene glycol market is valued at US$ 4.66 billion in 2024, according to a recent study by Fact.MR. The market is projected to grow at a CAGR of 4.2%, reaching US$ 7.03 billion by 2034. The propylene glycol market plays a vital role in several industries, including pharmaceuticals, food and beverages, cosmetics, and chemicals. Propylene glycol, a synthetic organic...

The global L-Hydroxyphenylalanine market was valued at US$ 549.6 million in 2023 and is projected to grow at a CAGR of 3.6%, reaching US$ 812.1 million by 2034. The L-Hydroxyphenylalanine market, a niche yet vital segment in the biochemical and pharmaceutical industries, is witnessing growing attention due to its expanding applications. Commonly known as L-DOPA,...

The global wind turbine generator market is anticipated to grow from US$ 23.6 billion in 2024 to US$ 39.9 billion by 2034, according to the latest research by Fact.MR. The market is forecasted to expand at a CAGR of 5.4% over the period from 2024 to 2034. The wind turbine generator market plays a pivotal role in the global push for renewable energy. These...

The isophorone market is valued at approximately US$ 1.26 billion in 2024 and is anticipated to grow at a CAGR of 4.7%, reaching US$ 1.99 billion by 2034. The isophorone market is a dynamic sector within the specialty chemicals industry, primarily driven by its versatile applications across various end-use industries. Isophorone, a chemical compound with...

The global butyl rubber market is expected to grow at a CAGR of 4.8%, reaching USD 6.44 billion by 2034, up from USD 4.03 billion in 2024. The primary driver of this growth is the strong demand for butyl rubber in tire manufacturing. Butyl rubber is a synthetic rubber widely used for its exceptional properties, including high impermeability to gases, excellent durability, and...

The global printing ink market is projected to reach USD 25.19 billion in 2024 and is expected to grow to USD 42.63 billion by 2034, driven by rising applications in publication, commercial, and industrial printing. The market is anticipated to expand at a CAGR of 5.4% from 2024 to 2034. The printing ink market serves as a foundational element across numerous industries, from...

The global piston ring aftermarket is expected to grow from USD 2.81 billion in 2024 to USD 4.5 billion by 2034, reflecting a CAGR of 4.8% over the next decade. The piston ring aftermarket is an essential segment of the automotive and industrial components industry. Piston rings, critical to the efficient functioning of internal combustion engines, are responsible for sealing the...

The global ammonia market is projected to grow at a steady CAGR of 4.6%, expanding from USD 129.7 billion in 2024 to USD 203.36 billion by the end of 2034. The ammonia market plays a crucial role in global industries, especially within the agricultural sector, where it is primarily used as a key component in fertilizers. Ammonia's versatility extends beyond agriculture to areas such...

The global ammonia market is projected to grow at a steady CAGR of 4.6%, expanding from USD 129.7 billion in 2024 to USD 203.36 billion by the end of 2034. The ammonia market plays a crucial role in global industries, especially within the agricultural sector, where it is primarily used as a key component in fertilizers. Ammonia's versatility extends beyond agriculture to areas such...

The global personal care active ingredient market is expected to grow from US$ 2.09 billion in 2024 to US$ 3.44 billion by 2034, expanding at a CAGR of 5.1%. The personal care active ingredient market is a dynamic and rapidly evolving sector within the beauty and wellness industry, focused on ingredients that actively improve skin, hair, and overall appearance. Unlike basic...