It is anticipated that the size of the global controlled release fertiliser market will grow at a CAGR of 6.5% during the forecast period of 2024 to 2032. There are a number of key factors that are expected to drive the growth of the controlled release fertiliser market during the forecast period. These key factors include the rise in the global population, the growing application rates in developing countries, and the rising demand for high-value crops.
The market for load monitoring systems is expected to grow at a CAGR of 4.3% during the forecast period of 2024 to 2032. The load monitoring system consists of load cells, load indicators and controllers, and computer software that logs data. The expansion of this market can be attributed to a number of factors, including the growing demand for load cells in the healthcare industry, the growing use of load monitoring systems for testing and monitoring aircraft parts, the rising demand for remote load monitoring, and the reduction of instrumental errors.
The global automotive die casting lubricants market is reached US$ 120 million in 2021 and is anticipated to grow at a CAGR of 4.3% during the forecast period of 2024 to 2032. Chief growth reasons have been highlighted as a growing demand for environmentally friendly automotive die casting lubricants and an increase in the number of research and development projects aimed at creating environmentally friendly automotive die casting lubricants.
The market for repeat expansion disorders treatment is expected to grow at a CAGR of 13.5% during the forecast period of 2024 to 2032. Repeat expansion disorders are a group of inherited conditions that are triggered by expansions in the DNA repeats of affected individuals. The length of the DNA repeats can range from a single nucleotide all the way up to a dodecamer or even longer.
Automotive catalytic converter market reached about US $13.5 billion in 2021 and is anticipated to grow at a CAGR of 7.5% during the forecast period of 2024 to 2032. As a result of rising demand for automobiles around the world, it is projected that the global market for automotive catalytic converters would develop at a quick pace over the next several years. The desire for components of a vehicle that are more efficient in their use of fuel is being driven by an increase in knowledge about the detrimental effects of environmental pollution and global warming.
Fatty alcohol market is expected to cross the market revenues of US $10 billion by 2032 growing at a CAGR of 5.5% during the forecast period of 2024 to 2032. During the forecast period, the personal care industry is anticipated to be driven by a growth in global demand for hygiene products, as well as an increase in the level of consumer awareness. It is anticipated that the market for personal care products would be driven by a shift in customer preference toward bio-ingredient based product demand. This preference shift is a result of rising knowledge regarding the potential toxicity caused by petrochemical goods.
The market for licensed sports merchandise is projected to grow at a CAGR of 7.2% during the forecast period of 2024 to 2032. One of the primary aspects that is contributing to the expansion of the market is the growing number of people who are interested in participating in sporting activities. This trend is also being fuelled by the acceleration of urbanisation and the expansion of the online retail sector. In addition to this, there has been a considerable expansion in the number of local, national, and even international sports leagues, both of which are contributing to the expansion of the market.
Concrete floor coatings market is expected to showcase a CAGR of 7.2% during the forecast period 2024 to 2032. The expansion of end-use industries such as residential construction and the surge in demand for commercial spaces, as well as the growing demand for protective coverings for concrete flooring, are the primary factors that will drive the growth of the concrete flooring market over the course of the forecast period.
The global market for clear brine fluids is expected to grow at a CAGR of 4% during the forecast period of 2024 to 2032. Increasing product utilization in the oil and gas industry around the globe as a result of its acceptable physiochemical qualities is the primary factor that will lead to an increase in market share over the course of the anticipated timeframe. Because fossil fuels constitute the dominant source of energy, there has been an upward trend in the demand for energy in recent years, which has, in turn, increased the requirement for the production of oil and gas.
The market for sulfuric acid is projected to grow at a steady 4% CAGR during the forecast period of 2024 to 2032. Strong sulfuric acid, also known as oil of vitriol, is a solid acid formed from the elements sulphur, oxygen, and hydrogen. It is also known as the oil of vitriol. In addition to its employment in the production of other chemicals, explosives, and glue, it is also put to use in the curing of metal and the refining of petroleum. The growth can be ascribed to the presence of strong environmental regulations to control emissions, which is likely to lead to the increased usage of smelters in order to capture sulphur dioxide products.
