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Showing posts from July, 2022

Coating binder consumption value is expected to grow at a CAGR of around 3.1% during the period 2022-2032

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With a CAGR of 3.1% between 2022 and 2032, the global coating binders market is expected to be worth USD 35,133 million in 2022 and USD 50,563 million by 2032.   Furthermore, coating binders produced approximately 40.1 kt in 2021, accounting for 23.5 percent of total binder production, and are expected to grow at a CAGR of approximately 2.8 % through 2032, with output reaching 48.7 kt.   Coating binders play an important role in keeping pigments in place, which is essential for the coating's protective properties. Furthermore, the optimal binder ratio in coatings improves durability and appeal. As a result, coating binders have been identified as the most important chemical in coating formulation.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2373   The highest consumption of coating binder was seen in architectural coatings. This is pr...

North America Expected To Hold More Than 23% Market Share for Animal Vaccines: Fact.MR Study

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According to Fact.MR, global sales of animal vaccines are expected to exceed US$ 29 billion by 2022-2032, with a positive CAGR of 9.2%. Animals provide milk, meat, and wool to the food and clothing industries. As a result, animal safety has become critical. Furthermore, the rise in canine disorders is a major concern in animals. The demand for animal vaccines has increased in order to avoid the same.   Historically, from 2015 to 2021, global sales of animal vaccines increased at an 8.6 % CAGR, totaling US$ 11 billion. Because of the fear of contracting the virus from animals, the COVID-19 pandemic reinforced the need to increase production of animal vaccines. As a result, governments around the world focused on vaccinating animals.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=7123   Furthermore, increasing investment in research and development by key...

Modern Trade Channels to Experience A CAGR Of 3% With Regard To Baseball Equipment Sales: Fact.MR Study

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According to a newly updated Fact.MR analysis, the baseball equipment market will grow at a CAGR of 6.1%, reaching US$ 1,898.19 Mn by the end of the 2022-2032 forecast period. In recent years, increased involvement in baseball tournaments by netizens worldwide has boosted growth possibilities for baseball equipment .   Baseball equipment sales increased at a 5% CAGR between 2017 and 2021. During the worst of the coronavirus epidemic, especially in 2020, prospects fell considerably. The imposition of a global lockdown to prevent the spread of the illness resulted in the postponement of all big baseball games, as well as limits on outdoor athletic activities. This resulted in fewer people shopping for baseball equipment in retailers.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=481   As 2021 approached, faster immunisation programmes and reduced illness ...

Global Value of Basalt Fiber Market Is Estimated To Be Worth Around USD 106 Million In 2022

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According to Fact.MR, the burden of laws on automobile makers to decrease vehicle weight has increased demand for basalt fibres by roughly 7% over the last four years. The automobile industry's severe requirements governing vehicle weight reduction in order to minimise emissions have boosted demand for basalt fibres. Furthermore, basalt fibre composites are commonly employed in the aerospace sector for fuel economy. The improved fire protection characteristics have resulted in an increase in demand from the fire protection apparel category.   Attributed to superior properties as compared to other glass and carbon fiber and steel reinforcements, there has been a constant rise in the demand for basalt fibers . Only 1/10th of basalt fibers is required as a reinforcing material to obtain the same strength as steel. Basalt fibers also exhibit good mechanical strength, chemical and thermal resistance, and are also economically priced as compared to carbon fibers. ...

Oceania Kiteboarding Equipment Market Is Projected To Expand At A CAGR of Around 13.5% during 2022–2032

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As per a recent published report by Fact.MR, a market research and competitive intelligence provider, the global kiteboarding equipment market is anticipated to exceed a valuation of US$ 909 million in 2022, and expand at an impressive CAGR of 14.7% over the forecast period of 2022 to 2032. Increasing participation in recreational water sports is majorly driving market expansion across regions.   Rising involvement of sports enthusiasts in recreational water sports continues to boost the sales of recreational water sport products such as kiteboards, kites, kite bars, and other surfing accessories. For instance, according to the National Marine Manufacturers’ Association (NMMA), more than 181 million people in the United States participated in recreational water sporting activities in 2020.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=420   Kiteboarding...

Global Drones Market Is Anticipated To Reach US$ 30 Bn by 2022 and US$ 279 Bn by the End of 2032: Fact.MR Study

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According to Fact.MR's latest analysis, the drone industry is predicted to develop at a CAGR of 25% between 2022 and 2032, anticipated to reach US$ 279 Bn. Drone technology aimed at supplying precision-based, guided weapons is causing important advancements in the defense sector, and is likely to be the backbone of global market growth.   From 2017 to 2021, the industry experienced an impressive incline at a CAGR of 23.5%. During the COVID-19 pandemic, prospects dimmed across certain sectors, including manufacturing and hospitality, while deployment for general surveillance purposes, especially to check whether individuals adhered to lockdown norms, increased dramatically.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=62   The fatal mix of stealth capabilities and enhanced video imagery is providing developed-country militaries with drones capable of wr...