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How Will the Synthetic Products Market Grow in 2024-2032?
2026-07-04 11:06:35
The tightening of automobile manufacturers' requirements, as well as the growing use of biodegradable and chemically based synthetic products, has created a development perspective for manufacturers. According to forecasts by major market participants, demand for synthetic products in developed markets is expected to grow by 3.41%, representing market growth of $4.7 billion. Developing countries are set to capture an even larger share of this growth; as the technological balance shifts toward the Asian market, the production of synthetic products continues to grow there as well.