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Data Bridge Market Research analyses that the Fiber Cement Board Market which was USD 10.27 billion in 2022, would rocket up to USD 15.29 billion by 2030, and is expected to undergo a CAGR of 5.1% during the forecast period of 2023 to 2030. Industry Analysis The market is booming due to its durability, water resistance, and waterproof nature. Furthermore, increased construction spending will boost demand, particularly in new housing. Fiber cement board use has grown in high-demand residential, commercial, and industrial industries. Furthermore, the rapid expansion of the residential sector is a factor driving market growth. “Portland Cement” dominates the raw material segment of the fiber cement board market due to its fundamental role as a binding agent in fiber cement board production. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Marke...

Data Bridge Market Research analyses that the Polyethylene Pipes Market is expected to reach USD 14764.22 million by 2030, which is USD 9475.68 million in 2022, registering a CAGR of 5.70% during the forecast period of 2023 to 2030. Industry Analysis Over the last few years, there has been increse in spending on wastewater treatment and water infrastructure. For instance, according to the Pengurusan Aset Air Berhad (PAAB), Johor (Malaysia) has installed an additional 224.6 MLD of treated water capacity which is at least 25% compared to treated water capacity in 2012. In order to fulfil the increasing demand for treated water capacity from the growing population and state economy, Johor will witness an overall rise in treated water capacity of 626.4 MLD by 2022, with an extra 61.8 MLD being built. The booming irrigation industry and ageing water infrastructure largely enhance the growth of the polyethylene pipes market. In addition to the insights on market scenarios such as ma...

  Data Bridge Market Research analyses that the 2,5-furandicarboxylic acid (FDCA) market will witness a CAGR of 8.9% for the forecast period of 2021-2028 and is likely to reach at USD 873.28 million by 2028. Industry Analysis 2,5-furandicarboxylic acid (FDCA) is defined as a chemical compound which is manufactured from the two classes of carboxylic acids and these acids are bound to a central furan channel. Various carbohydrates are used in the production of FDCA. Sharp melting point and stable nature are the properties of FDCA. They are utilized in various applications including polycarbonates, plasticizers, polyester, polyamides and others. In the manufacturing of succinic acid, FDCA is used as an initial compound. Surge in the application of FDCA and rise in the use of range of petrochemical are the major drivers that will influence the growth of 2,5-furandicarboxylic acid (FDCA) market. Furthermore, growth in the demand of bio-based PET, stringent regulations related...