Soft magnetic composites (SMCs) are used extensively in the automotive industry for their ferromagnetic properties. Majorly driven by this, global soft magnetic composites market is projected to exhibit a robust CAGR during the forecast period of 2022-2029, reaching a value of US$ 80 Bn in 2029. Correct SMC combination provides a technology that consumes less energy, …
Monthly Archives: March 2022
Demand for Synthetic Quartz on Upswing with Expansion of Electronics & Semiconductor Industry; Quartz Crystal Gaining Traction
The global market value of synthetic quartz is nearly US$ 98 Mn, and the electronics industry accounts for more than 3/4th of total sales. As suggested by a new Future Market Insights (FMI) study, the global synthetic quartz market is set for notable growth during 2022 – 2029. The electronics industry solely relies on components …
Vapour Barrier Sales to Grow at 4.4% CAGR Through 2029, Polymers Remain Preferred Material: FMI Study
Sales of vapour barriers are projected to witness steady rise in the following years, prominently propelled by sustained consumption by the building & construction industry. As suggested by a new Future Market Insights (FMI) report, global vapour barrier market will exhibit a CAGR of around 4.4% during the forecast period of 2022-2029. Water condensation can …
Mono Propylene Glycol Market Revenues to Surpass US$ 5 Bn by 2029, Bio-based MPG Gaining Traction: FMI Study
Mono propylene glycol (MPG) continues to find application across diverse industries, on the back of its low toxicity and hygroscopic properties. A recent Future Market Insights (FMI) study suggests that the global mono propylene market value will reach US$ 5,159.5 Mn towards the end of 2029, witnessing a moderate CAGR during forecast period (2022 – 2029). Environmental sustainability …
Demand in the Oil & Gas Pipeline Coatings Market is projected to grow at a value of 5.6% CAGR between 2022 and 2029
Witnessing robust expansion over 2022 – 2029, the global market for oil & gas pipeline coatings will reach the revenues worth US$ 6,958.0 Mn towards 2029 end. Growing offshore exploration and production activities, stabilizing crude oil prices, rise in cross-country pipeline projects and rehabilitation of existing pipelines are some of the key factors that would majorly …
Ceramic and Plastic Mass Finishing Consumables to Account for 70% of Overall Consumption, Finds FMI
Sales of mass finishing consumables are primarily driven by the increasing demand for surface finishing from various end-use industries such as automotive, aerospace, and general and industrial engineering. As indicated in a new Future Market Insights (FMI) study, the global mass finishing consumables market is estimated to be valued at US$ 206.8 Mn by the end …
Demand for Viscosity Index Improvers to be Sustained by High-quality Engine Oil Sales, Reports FMI
Increasing demand for high-performance lubricants with optimum viscosity has been a vital factor pushing consumption of viscosity index improvers. Although the global market for viscosity index improvers has been projected to US$ 4,699.3 Mn mark by 2029 end, the overall growth outlook would remain sluggish. Consistently soaring consumption of vehicle lubricants such as engine oil, transmission fluids, and …
Vulcanization Accelerators Market | East Asia to Represent Significant Opportunities for Manufacturers
The latest study published by Future Market Insights (FMI) on the vulcanization accelerators market incorporates the global industry analysis for 2014 – 2021 and market opportunity assessment for the forecast period of 2022 – 2029. The market study divulges decisive insights and offers exhaustive market analysis for the historical as well as forecast period. As per …
Lithium and Lithium Ion Battery Electrolytes Market to Amp Up with Significant Inclination towards Electric Mobility
A new research by Future Market Insights on the lithium and lithium ion battery electrolytes market includes global industry analysis for 2014-2021 and opportunity assessment for 2022-2029. The report explores the lithium and lithium ion battery electrolytes market and provides the reader analytical insights for the forecast period of 2022-2029. As per the findings of the …
Automotive Bioplastics Market is expected to increase at a CAGR of 10.7% during the forecast period- FMI
Future Market Insights (FMI) has published a new research study on the automotive bioplastic market that contains global industry analysis for 2014 – 2021 and opportunity assessment for 2022 – 2029. The research study covers the latest trends, market influencing factors, key success factors, forecasting factors, macroeconomics factors, key information, and past market scenario. The report examines …