Day: December 28, 2023

Rising demand for carbide inserts in industrial manufacturing is a key driving factor driving carbide inserts market revenue growth Vancouver, Dec. 28, 2023 (GLOBE NEWSWIRE) — The global carbide inserts market size was USD 1.26 Billion in 2022 and is expected to register a rapid revenue CAGR of 5% during the forecast period. In the rapidly evolving landscape of industrial manufacturing, the global carbide inserts market is experiencing substantial growth, driven by the rising demand for carbide tools across various industries. Notably, aerospace, automobile, material handling, and construction sectors are leveraging carbide inserts to achieve high-precision metal shaping and grounding, leading to increased efficiency and profitability. One of the key factors contributing to the market’s revenue growth is the swift integration...

Rising consumer demand regarding natural products is one of the major factors driving Natural Fragrance market revenue growth Vancouver, Dec. 28, 2023 (GLOBE NEWSWIRE) — The global natural fragrance market size was USD 3.8 Million in 2022 and is expected to register a steady revenue CAGR of 8.8% during the forecast period, according to latest analysis by Emergen Research. Increasing social media promotions and advertisements is a key factor driving market revenue growth. Natural fragrance is derived from natural materials, such as plants and fruits, which has various applications, including perfumes, cosmetics, and food. These fragrances have healthy demand from consumers due to increasing awareness about the use of natural fragrances over synthetic fragrances and low toxicity of these compounds. For instance, on 18 August 2023,...

Rising demand for butyl acetate in automotive coatings and refinishing applications, rapid expansion of the construction industry, and increasing adoption of butyl acetate in paints and coatings are key factors driving butyl acetate market revenue growth. Vancouver, Dec. 28, 2023 (GLOBE NEWSWIRE) — The global Butyl acetate market size was USD 1.32 Billion in 2022 and is expected to register a rapid revenue CAGR of 3.4% during the forecast period. Key factors propelling this growth include the increasing demand for butyl acetate in automotive coatings, the expansion of the construction industry, and its adoption in paints and coatings. Key Market Drivers: Automotive and Construction Sectors Fuel Demand: Butyl acetate, also known as butyl ethanoate, is widely recognized for its versatility as a solvent in various applications, including...

Rising adoption of methyl acrylate in adhesives and films, and rapid expansion of the construction and infrastructure sector across the globe are key factors driving Methyl acrylate market revenue growth. Vancouver, Dec. 28, 2023 (GLOBE NEWSWIRE) — The global Methyl acrylate market size was USD 362.4 Million in 2022 and is expected to register a rapid revenue CAGR of 6.6% during the forecast period. Key drivers of this growth include the increasing demand for methyl acrylate in paints, coatings, adhesives, and films, along with the booming construction and infrastructure sector globally. Methyl acrylate, an organic compound derived from acrylic acid, has found widespread applications in high-tech industries such as paints and coatings, automotive, packaging, construction, and cosmetics. The rising popularity of the construction...

Technological advancements in bacterial cellulose production and increasing need for bacterial cellulose in medical and healthcare industries are key factors driving Bacterial Cellulose Market revenue growth Vancouver, Dec. 28, 2023 (GLOBE NEWSWIRE) — The global bacterial cellulose market size was USD 426.7 Million in 2022 and is expected to register a rapid revenue CAGR of 12.6% during the forecast period. In recent years, the global bacterial cellulose market has experienced a significant surge, driven by advancements in molecular biology and fermentation techniques. This versatile material finds applications in various industries, ranging from medical to food products and beyond. Bacterial cellulose, a polysaccharide produced by certain bacterial species, boasts exceptional properties such as microporosity, high water-holding...