Technical Segment Projected to Lead with a CAGR of 4.2%, While Alcohol Stabilized Segment Shows Steady Growth at 2.9% - ResearchAndMarkets.com
The Technical segment is expected to lead this expansion with a projected CAGR of 4.2%.
- The Technical segment is expected to lead this expansion with a projected CAGR of 4.2%.
- Key Highlights from the Report:
Technical Segment on the Rise: The Technical segment is projected to record a strong CAGR of 4.2%, reaching US$3.5 billion by the end of the analysis period. - This growth is attributed to the increasing applications of chloroform in various industries.
- Steady Growth in the Alcohol Stabilized Segment: The Alcohol Stabilized segment is estimated to grow at a steady CAGR of 2.9% over the next eight years.