Drilling mud applications are expected to account for substantial revenues amongst all applications, in the global barite market. Untapped opportunities in the medical industry are also generating incremental opportunities for manufacturers. Barite would experience steady demand growth in paints and plastics industries, as it is widely utilized to control the viscosity and add brightness to end …
Monthly Archives: June 2022
Thionyl Chloride Market | Recent Trends, Demand, Dynamic Innovation in Technology & Insights by 2030
Thionyl chloride is used in various end-use industries such as agrochemicals, pharmaceuticals, dyes & pigments, and organic synthesis. Rising adoption of pesticides in developing countries and developments in the pharmaceutical industry are expected to drive the growth of the thionyl chloride market over the forecast period. Heightening concerns related to water treatment are likely to further fuel …
Chlorine Disinfectant Market | Key Players, SWOT Analysis, Key Indicators and Forecast to 2030
Global chlorine disinfectant market revenues are poised to reach at US$ 4.2 Bn by the end of forecast period, 2022 – 2030. Heightening concerns regarding the novel coronavirus (COVID-19) pandemic are triggering the need to maintain hygiene in healthcare and residential facilities. In line with this, global sales of chlorine disinfectant are set to soar promisingly in …
Demand For Painting Robots In China Will Grow By 7.3% CAGR By End Of 2031
Dedicated supply chains, design services, and research and development organizations have seamlessly worked over the years to provide optimum solutions to end-users. The painting robots market will register increasing growth as a result of high demand from various industries including HVAC, furniture, sanitary ware, textiles and heavy engineering equipment. An important step in analyzing the potential for …
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Magnetic Drive Pump Market Key drivers and restraints impacting market growth
The global magnetic drive pump sales are projected to top US$ 807.9 Mn in 2021, as per ESOMAR-certified research and consulting firm Future Market Insights (FMI). With steady growth outlook, the market is poised to register CAGR at nearly 5.3% during 2021-2031. Demand for global magnetic drive pump waned in 2020 due to the outbreak of COVID-19. …
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Industrial Air Compressor Market Rising Demand For Power Generation Will Push Growth In Japan And China
Increased investments in mechanical equipment will pave the way for the industrial air compressor market to expand in the coming years. According to a Future Market Insights (FMI) analysis, the industrial air compressor market is expected to be worth US$ 26.7 billion in 2021. Industrial air compressor manufacturers are concentrating on the development of digitally controlled systems, …
Mini Cranes Market Recovering Industrial Activities Is Favoring Sales In The U.K., Which Will Account For Over One-Fourth Of Sales In Europe
Mini cranes are thought to be ideal for transporting materials during the construction of a home. It is their specialty to navigate courtyards and easily access cliff edges, which larger cranes cannot do. Mini cranes are used to lift materials in plants and factories where larger cranes are not permitted. The global mini crane market is …
Global Tritium Light Source Market To Grow At 2.3% CAGR Through 2031, FMI
Global tritium light source sales are set to be valued at US$ 206.4 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report estimates global tritium light source market to grow at nearly 2.3% during 2021-2031. The report offers analysis in 20+ …
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Industrial Vacuum Evaporation System Consumption Is Predicted To Increase At A CAGR Of 6.1% From 2022 To 2030
As industries look to leverage effective water treatment solutions, investments in industrial vacuum evaporation systems are expanding, with prominent end-users preferring thermal evaporators over other types. In line with the take a look at, the marketplace is probably to develop at 6.7% CAGR through 2030, with growing consciousness on wastewater control inducing momentum. ESOMAR-certified marketplace studies firm, …
Elevator and Escalator Market Is Projected To Increase At A CAGR Of 4.5% And Attain A Valuation Of US$ 100.12 Bn By The End Of 2030
Companies operating in the elevator and escalator market are focusing on cutting-edge technologies to make their products safer and eco-friendly, finds Future Market Insights (FMI) in a recent study. According to FMI, the elevator and escalator market is expected to grow at a CAGR of 6.6 percent from 2020 to 2030. Some of the most prominent companies …