New Product Development
According to the latest report by Future Market Insights, the global bromine market is estimated to be worth US$ 2.4 Bn in 2021. With a large share in oil and drilling applications, bromine and its derivatives are seeing high demand growth in the US. High demand for bromine derivatives and Clear Brine Fluids (CBFs) is seen in the US which …
Continue reading “Bromine Market to reach a volume of 718,139.8 Tons by the end of 2031”
Future Market Insights, in its incisive study on the mining lubricants market, opines that the market is slated for 3.3% growth through the forecast period (2020-2030). Growing investments in Asia Pacific are likely to offset subdued growth in key markets, with coal and iron ore mining sector driving demand. The global mining lubricants market is expected …
Future Market Insights, an ESOMAR certified market research firm, opines that sales of silanes are anticipated to soar with their high usage as sealants, adhesives and protective coatings in the construction sector. The market is also gaining traction with the use of silanes as process additives in the manufacture of PU foam for well insulated and energy …
Continue reading “Silanes Market to grow at a CAGR of 4.4% during the forecast period 2022-2030”
The COVID-19 induced subdued momentum, especially in construction and automotive sectors, is likely to hurt the interests of polypropylene market stakeholders in the short run, opines a new study by Future Market Insights (FMI) Revising its market forecast to negative 2.1% (volume) for 2020, the ESOMAR-certified market research and consulting firm remains bullish on the long-term prospects …
Continue reading “Polypropylene Market anticipated to grow at a CAGR of 3.3% through 2030”
Direct reduced iron (DRI) has recently emerged as a quality supplement, in place of scrap steel, among steel making companies. Increasing steel production capacities, heightened awareness about CO₂ emission control among steel producers, and accelerating demand for high-quality steel from end users continue to drive DRI consumption in global market. According to a recent report published by …
Continue reading “Direct Reduced Iron (DRI) Market to reach revenues worth US$ 17 Bn by 2030 end”
The magnesium sulphate market is projected to expand robustly, registering a CAGR of 5.3% in volume terms and 5.7% in value terms respectively. Alternatively known as Epsom Salt, magnesium sulphate has registered widespread applications across the pharmaceutical, agricultural and food processing sectors. As the global population expands, the scope of the food and pharmaceutical industries have significantly widened. Over the …
Continue reading “Magnesium Sulphate Market projected to expand a CAGR of 5.7% over 2030”
A recent report by Future Market Insights (FMI) states that global sales of wood charcoal will value around US$ 20 Bn in 2020. Substantial demand will come from residential sector, especially in developing regions of Asia Pacific, Africa and South America wherein over 2 billion people rely on wood energy for cooking and heating purposes. The study …
Continue reading “Wood Charcoal Market to grow at 2.3% CAGR over forecast period, 2022-2030”
The precipitated barium sulphate market has been gaining significantly from the expansion of construction and renovation works. Also, the rising demand for effective coatings in automotive sector is compounding growth prospects for the market. Future Market Insights (FMI), in its latest study, has forecast the market to rise at 3.8% CAGR between 2020 and 2030. Companies operating in …
Continue reading “Precipitated Barium Sulphate Market to rise at 3.8% CAGR between 2022 and 2030”
Compound semiconductor materials are critical building blocks for next-gen electrification technologies, and are slated to be at the core of nearly every prominent industrial sector of the 21st century. Recent analysis by Future Market Insights (FMI) reveals that global compound semiconductor material market will grow at 7.2% CAGR through 2030. Think tanks in various regions are striving …
Continue reading “Compound Semiconductor Materials Market will grow at 7.2% CAGR through 2030”
A new study by ESOMAR-certified market research firm Future Market Insights (FMI) reveals that global copper foil sales will grow at 7.4% CAGR through 2030. Growing application in e-mobility will be one of the key factors driving the growth of copper foils globally. Demand for copper foils is associated with growth of consumer electronics industry, which joined …
Continue reading “Copper Foil Market will grow at 7.4% CAGR through 2030 – FMI”