Majorly driven by its application in agrochemicals and automotive industry, nitric acid will represent a modestly growing market at 3% CAGR during 2019 – 2029. Moreover, metallurgical and pharmaceutical industries will generate upward growth trend for nitric acid market through 2029, as per the projections of a new Future Market Insights (FMI) study. Nitrogenous fertilizers continue to accentuate …
Monthly Archives: March 2022
Ceiling Tiles Market is growing with a healthy CAGR of 10% during the forecast period of 2021-2031
ESOMAR-certified consulting firm Future Market Insights (FMI) has recently published a report on the global ceiling tiles market for the forecast period 2021-2031. According to the report, the market is expected to post impressive gains, expanding staggeringly at a CAGR exceeding 10% throughout the forecast period. Increasing construction and infrastructure development activities are spurring demand. The market …
Almond Oil Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2027
Almonds are the rich source of oil, and it is extracted from almond kernels of tree Prunus Dulcis. It is extracted using cold-pressed method and is available in two different forms i.e. sweet almond oil and bitter almond oil. It is a rich source of vitamin E, vitamin B, vitamin A, minerals, omega fatty acids and …
Wood Pellets Market Demonstrates Astounding Growth, Invigorated by Heightened Demand in Commercial & Residential Heating
Majorly driven by demand upsurge in residential heating segment, global wood pellets market is set for astounding growth at approximately 11% CAGR through the forecast period (2021-2031). Consumers in developed countries exhibit rising dependency on renewable sources such as pellet-based fuel, thereby driving sales. Moreover, high price point of fossil fuel is accentuating the demand for pellet-based …
Polypropylene Yarn Market is anticipated to rise at 5.6% CAGR, totaling a valuation of over 23.84 Bn by 2029
Polypropylene yarn is witnessing high demand from textile industries, since it is used for the manufacturing of carpets, socks, etc. Polypropylene yarn is lightweight and cost-effective, and also provides high strength to the end product. It has a hygienic structure, which does not cause any allergic reactions; it does not hold moisture and water, and …
Oxalic Acid Market is projected to grow at a moderate CAGR of 3.9%, surpassing US$ 1.19 Bn by 2028
Oxalic acid serves almost all major end-use industries, including water treatment chemicals, petrochemicals, pharmaceuticals, and others. According to a recent Future Market Insights (FMI) study, the global oxalic acid is expected to reach the valuation of US$ 1,191.0 Mn by 2028. The industrial sector in Asia Pacific is growing at a substantial rate, thereby increasing …
Organic Snack Food Market Research Report 2022 – Global Forecast till 2027
Snacks are a part of food which are smaller as compared to a regular meal that is generally consumed in the midst of meals. Snacks are found in various forms such as packaged snack foods and other processed foods. Organic snacks are non-GMO and contains organic ingredients in the food products. Organic snacks are made …
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Turkish Figs Market 2022 | Present Scenario and Growth Prospects 2027
Turkish figs are famous for its delicacy since ancient times. Turkish figs are the rich source of phytonutrients, antioxidants, and vitamins. Turkish figs are sweet in flavor, with a chewy texture, unlike most other fruits. Turkish figs are available in different sizes, ranging from small to extra-large, and are offered in fresh or dried form. The …
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Fuel Cell For Data Center Market Research Report 2022 – Global Forecast till 2026
As more companies look for reliable, resilient technologies to provide constant power as well as reduce its carbon footprint, distributed generation (DG) and renewable energy are gaining focus of the corporate culture. One of such prime technology as a renewable source of energy is fuel cell. A fuel cell generates electricity using an electrochemical reaction, …
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Automotive Turbochargers Market exhibiting robust growth at 8.8% CAGR between 2021 and 2031
As per a recent study by ESOMAR-certified firm Future Market Insights (FMI), the global automotive turbochargers market will be valued at US$ 9.6 Bn in 2021, exhibiting robust growth at 8.8% CAGR between 2021 and 2031. Growth prospects are expected to be positive as automotive turbochargers sales exhibit year on year growth of over 6.5% in 2021. Top players, comprising Garrett Motion (Formerly …