As per a study by FMI, the global high-speed steel (HSS) tools market outlook remains positive, with its valuation forecast to surpass US$ 5.5 billion through 2021. The HSS tools demand is anticipated to increase at a CARG of 5.9% during 2021-2031 in comparison to a growth of CAGR 2.9% between 2016 and 2020. One …
Monthly Archives: June 2021
Future Market Insights’ 250 Pages Ocular Drug Delivery System Market Study Identifies Demand for Targeted Techniques for Ophthalmic Disease Treatment a Chief Growth Driver
As per a study by Future Market Insight (FMI), the global ocular drug delivery system market size is likely to surpass a valuation of US$ 14.47 billion by the end of 2021, growing at a CAGR of 6.8% between 2021 and 2031. By 2031, ocular drug delivery systems sales are expected to reach US$ 27.82 …
216 Pages Future Market Insights Analysis on Meat Packaging Market Demand Outlook Offers Compelling Insights into Key Factors Driving Sales
The global meat packaging market is set to exhibit a steady growth driven by the rising consumption of meat products globally. FMI forecasts meat packaging sales outlook to remain positive, rising at a CAGR of 4.7% during the forecast period 2021-2031 in comparison to a CAGR of 2.9% registered between 2016 and 2020. According to …
Emergence of Customized ERP Solutions Spurring Growth in Model-Based Manufacturing Technologies Market
As per a report by Future Market Insights (FMI), the global model-based manufacturing technologies market is projected to grow at a robust CAGR of 8.2% over the forecast period 2021-2031 in comparison to the growth at a CAGR of 6.5% registered during 2016 to 2020. Increasing adoption of advanced model-based technologies such as enterprise resource …
Increasing Demand for Assay Kits Spurring Growth in the Allergy Diagnostics Market
The global allergy diagnostics market is likely to exhibit a steady growth, which is attributable to the rising prevalence of asthma and various allergies related to food and drugs. As per a study by FMI, the market for allergy diagnostics is set to grow at a CAGR of around 11.6% during the forecast period from …
Noise Control System Market Surging at 3.7%; Increasing Industrial Applications will Drive Growth
The global noise control system market is anticipated to expand at 3.7% CAGR in forecast period 2021-2031. As per Future Market Insights (FMI), the market will continue showcasing steady growth driven by the increasing focus on reducing noise pollution witnessed across various industries. Stringent regulations implemented by governments to curb noise pollution especially in and …
Wood Pellets Market Surging at 11% CAGR Driven by Increasing Application in Commercial and Residential Heating
The global wood pellets market is anticipated to grow steadily at 11% CAGR between 2021 and 2031. Rising concerns about environmental protection from pollution generated by fossil fuel and government incentives for adoption of sustainable alternatives are driving wood pellets market. Wood pellets are renewable energy sources which are derived from sawdust, wood shaving, and …
Rig and Oilfield Mats Market to Register High Growth Backed by Adoption in Oil & Gas Industry
The global rig and oilfield mats market is estimatedto register a steady growth owing to the increasing investment in the oil and gas industry. As per a study by FMI, the market for rig and oilfield mats is likely to project an annual growth at a CAGR of more than 5% during the forecast period …
Increasing Demand for Surface Disinfectant amid COVID-19 Spurring Ammonium Sulphate Sales
As per a study by FMI, the global ammonium sulphate market is exhibiting steady growth and is expected to reach a valuation of US$ 5.9 billion by the end of 2031. The market for ammonium sulphate is likely to grow at a CAGR of 4.1% through the forecast period 2021 to 2031. As per a …
Aircraft Refurbishing Market Surging at 5.5% CAGR; Rising Demand for Modification of Aircraft Driving Growth
The global aircraft refurbishing market revenue surpassed US$ 110 Bin in 2018.According to a study by Future Market Insights (FMI), the overall aircraft refurbishing market is expected to increase considerably by 2031, growing at a CAGR of 5.5% for 2021- 31. The rising demand for air travel due to low fuel prices will accelerate sales …