The global EPS coolers market is projected to reach a size of US$395 million by 2022, with a compound annual growth rate (CAGR) of 4.03%. This growth can be attributed to increasing demand for temperature-sensitive products, advancements in cold chain logistics, and stringent regulations regarding product quality and safety.
The Ceramic Fiber industry has been steadily growing over the years, and its market size is projected to reach US$2132 million by 2022, with a compound annual growth rate of 9.9%. Ceramic Fiber is a lightweight refractory material known for its excellent thermal insulation properties. It is made from alumina-silica, zirconia, or other combinations of raw materials.
The Aluminum Chlorhydrate industry is expected to witness steady growth in the upcoming years. According to market analysis, the global Aluminum Chlorhydrate market size is projected to reach US$98 million in 2022, with a compound annual growth rate of 3.7%. This growth can be attributed to several factors, including increasing population and urbanization, rising demand for clean water, and growing awareness about hygiene and personal care.
The Methyl Mercaptan industry is currently witnessing favorable growth, driven by increasing demand across various end-use sectors. The market size of the global Methyl Mercaptan industry is projected to reach a value of US$1675 million by the year 2022, with a compound annual growth rate (CAGR) of 5.35%. This growth is attributed to several factors, including growing awareness of animal nutrition, expanding agricultural practices, and rising pharmaceutical requirements.