Operational digital oilfield solution is a combination of business process management and advance information technology, with the initiative to maximize oilfield recovery. The new digital oilfield concept will eliminate non-productive time and increase productivity by deploying integrated workflows. Operational digital oilfield market includes “Intelligent Wells” which have fiber-optic sensors buried in the drilling apparatus that …
Monthly Archives: March 2022
Lightweight Plastic Containers Account for 50% of Sales in Rigid Industrial Packaging Market, Finds FMI
Rigid industrial packaging recorded a volume sales of ~1.85 billion units, equating a value of ~US$ 26 billion in 2022. As per the latest report published by Future Market Insights (FMI), Rigid industrial packaging has been gaining rising momentum in a number of commercial sectors owing to its enhanced protective capabilities against harsh environmental factors. …
Timber Wrap Films Market to top a valuation of US$ 601 Million by 2029 – Comprehensive Research Report by FMI
Future Market Insights delivers vital insights on the timber wrap films market in its published report, titled “Timber Wrap Films Market: Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029.” In terms of revenue, the global timber wrap films market is projected to expand at a CAGR of nearly 4.3% during the forecast period, owing to numerous factors, about which FMI offers …
Plastic Bottle Packaging Market Surges Recent Improved Growth Rate of Pricing Model: FMI
The global market revenue for plastic container packaging is projected to exceed US$26.14 billion by the end of 2031, witnessing a passive expansion at a CAGR of 2.9%. Future Market Insights (FMI) provides important insights on the Plastic Jar Packaging Market in its published report titled “Plastic Jar Packaging Market: Global Industry Analysis 2019-2029 and Opportunity …
Industrial Electronics Packaging Market to attain a net worth of US$ 2.5 Bn by the end of 2029 – Comprehensive Research Report by FMI
The global industrial electronics packaging market currently enjoys a valuation of US$ 1.9 Bn, and is predicted to expand at a CAGR of 4.1% to attain a net worth of US$ 2.5 Bn by the end of 2029. Industrial Electronics Packaging Market Size (2022) US$ 1.9 Bn Estimated Market Worth (2029) US$ 2.5 Bn Global Market Growth (2022-2029) 4.1% CAGR Dominant Material for …
Punnet Market to Reach US$ 1.7 Bn as Paper Based and Cardboard Punnets Cause Breakthrough in Packaging Sustainability
According to a market study by Future Market Insights (FMI), the demand for plastic punnets increased among end users with growing consumption of packaged fresh food. However, due to growing environmental concern, manufacturers and end users are adopting sustainable packaging formats to preserve nature and ensure maximum product shelf life. To capitalize on this existing trend, some …
Syringes Market to Exceed US$ 49.2 Bn by 2032 as Demand in Hospitals Continue Growing
According to Future Market Insights (FMI), the global syringes market is expected to surpass a valuation of US$ 49.2 Bn by the end of 2032. Availability of syringes in different capacities such as small volume syringe, medium volume syringe, and large volume syringe is propelling the demand in the market. These syringes are used by various end …
Paper Masking Tapes Market will Register 5.4% CAGR as Application Grows in Automotive and Building and Construction Industries
Paper masking tapes developed to sustain high temperatures over longer duration prove effective across high performance applications. This will remain a chief driver of the paper masking tapes market, enabling growth at 5.4% CAGR based on value between 2021 and 2031 Future Market Insights (FMI) has predicted the global market value to total US$ 3.2 Bn by the end of …
Bag Closure Clips Market to Expand 1.6X by 2029: Study by Future Market Insights
Future Market Insights predicts that the global bag closure clips market to expand at a robust CAGR of 5.6% over the forecast period of 2022-2029, reaching US$ 304.8 Mn by the end of the said period. The global packaging market is defined by innovative products that make distributing, using, and disposing of consumer products easier and more convenient. Packaging, which is …
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Baking Molds & Trays Market will grow by 6.3% CAGR Driven by Increasing Sales of Wooden Based Baking Molds & Trays
Future Market Insights (FMI) has projected the baking molds & trays market to record 6.3% CAGR between 2021 and 2031. Due to increase in demand for sustainable packaging solutions globally, the wooden-based baking molds & trays are expected to outgrow the sales of plastic (CPET-based) baking molds & trays packaging solutions. A majority of food packaging companies …