The sodium gluconate market is predicted to be valued at US$ 621.8 million by 2024. The market valuation is estimated to be US$ 877.2 million by 2034, projected at a CAGR of 3.5%. One significant driver of the sodium gluconate industry is the versatile applications across various industries. Stringent regulations promoting the use of eco-friendly and sustainable ingredients in consumer products further propel the demand for sodium gluconate, propelling the market growth. Despite its widespread applications, the sodium gluconate industry faces certain restraints. One significant restraint is the availability of alternative chemicals with similar functionalities at lower costs. Competing products such as citric acid and phosphates offer comparable performance in various applications, posing a challenge to Sodium Gluconate manufacturers. Regulatory constraints regarding the use of sodium gluconate in certain applications, such as food and pharmaceuticals, can restrict market expansion and pose compliance challenges for industry players. As environmental concerns and sustainability initiatives gain prominence, a growing demand for green alternatives in chemical manufacturing can be seen. Manufacturers can capitalize on this trend by investing in renewable energy sources, adopting green chemistry principles, and implementing efficient waste management practices to produce Sodium Gluconate sustainably.
7/1/2024The increasing use of ethylbenzene in end-use industries such as packaging, electronics, construction, and agriculture is expected to boost the growth of the global ethylbenzene market during the forecast period. The global ethylbenzene industry is expected to secure US$ 32,508 million while exhibiting a 3.5% growth rate during the forecast period. The market is estimated at US$ 21.3 Billion in 2021 and US$ 23,053.6 million in 2024. The growth of the market can be attributed to the extensive usage of ethylbenzene for the production of styrene. On the contrary, the increasing concerns related to ethylbenzene hazards are expected to hinder market expansion in the coming time. In addition to this, stringent rules and regulations of various governments regarding the usage of ethylbenzene are other factors projected to hamper the industry growth in the forecast period. Request Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-14709 Key Takeaways from the Market Study By application of ethylbenzene for gasoline is in line to take up 43.8% of the industry share in 2024 By end-user industry, the construction segment is to expand at a 3.0% growth rate during the forecast period.
6/28/2024In the medical sector, helium gas is used in some of the most vital processes owing to its unique physical and chemical properties. Helium gas and oxygen are used to treat various diseases, including emphysema, asthma, and other respiratory diseases. It also finds applications in MRI scanners for generating images. This is anticipated to fuel sales of rare gases in the healthcare sector. According to Future Market Insights (FMI), the global rare gas industry is expected to grow at a 5.1% CAGR, reaching US$ 6.5 Billion by 2034. Similarly, argon is utilized as a surgical instrument in the healthcare sector. Coagulation of argon plasma is a non-contact technique that uses high-frequency stimulation of argon plasma to prevent bleeding through coagulation in surgical places. Moreover, growing applications in the aerospace and aircraft industries are anticipated to create opportunities for rare gas market players. Xenon is used as a propellant for ion thrusters. As the number of space missions is increasing all around the world, the need for xenon gas is expected to increase. Request Report Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-14654
6/27/2024The global immersion cooling industry is expected to reach a valuation of US$ 2,547.9 Million by 2032, with the demand growing at an astounding CAGR of 21.7% from 2022 to 2032. Scaling up from a value of US$ 297.8 Million in 2021, the target market is likely to reach an estimated US$ 357.3 Million in 2022. Escalation in levels of data output and data processing all over the world is projected to fuel the growth of the immersion cooling market. Strict carbon emission control regulations coupled with a demand for high density and computation requirements will bolster the growth of the target market during the forecast period. IT infrastructures generate high levels of energy and it is immensely important to lessen or stop the heat from the components. These two factors work together to drive the demand for the immersion cooling market. Immersion cooling enhances the productivity of data centers. Thus, the rising popularity of the target market has resulted in its acquisition of about 6-8% of the global liquid cooling market. In the past few years, the escalating usage of social networks, streaming, and gaming has caused a rapid increase in international internet traffic. Superior connectivity is needed for an uninterrupted network, which leads to frequent use of cloud and hyperscale data centers. Get an Exclusive Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-14459
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