Sodium lactate find extensive applications in the food & beverage industry, pharmaceutical and cosmetic and personal care products owing to its superior properties and cost-effective nature. As per a new study by Future Market Insights (FMI), the demand for sodium lactate will increase by 8.8% between 2021 and 2031. Focus on reducing the cost of production to …
Monthly Archives: June 2022
Sodium Hydroxide Market Outlook On Emerging Application, Revolutionary Trends & Potential Growth Strategies 2031
Increasing research and development (R&D) activities aimed at the development of new production technologies are expected to create growth opportunities for sodium hydroxide market, finds by Future Market Insights (FMI) in a recent research study. According to the report, the sodium hydroxide sales are anticipated to surge at a CAGR of 4.3%, reaching US$ 43.7 Bn …
Stainless Steel Market | Current and Future Demand, Analysis, Growth and Forecast By 2031
Stainless steel market is anticipated to reach US$ 193.97 Bn by the end of 2031 owing to the increasing demand from various industries. As per a study by Future Market Insights (FMI), the growing demand for corrosion resistant material. With high tensile strength material in various sectors such as chemical industries, petrochemicals industries, food and …
Expanded Polypropylene (EPP) Foam Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2031
Rising demand for lightweight vehicles is expected to drive sales in the expanded polypropylene (EPP) foam market. According to a study by Future Market Insights (FMI), the market is expected to exhibit 6.0% CAGR between 2021 and 2031 Globally, the growth of global expanded polypropylene (EPP) foam market is driven by the increasing demand from automotive …
Veneer Sheets Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2021-2031
Steady growth registered by the veneer sheets market is attributable to consistently rising demand from commercial and residential construction. In a new study, FMI has forecast the market to reach US$ 33.37 Bn by 2021. Growth forecasts continue to stay positive, albeit moderate because some of the established markets have been reaching maturity. For instance, despite recovery …
Sulfone Polymer Market Trends, Opportunities, Emerging Technologies and Growth Analysis by Forecast to 2030
The sulfone polymer market is expanding due to the increase in demand for amorphous thermoplastics with higher strength and hydrolytic stability. A recent study by Future Market Insights (FMI) states that the global sulfone polymer market is expected to grow at 5.0% CAGR through 2030. According to the report, the surge in demand from the healthcare and …
Carbon Steel Market | One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2030
The carbon steel market size in 2022 has reached close to US$ 833 Bn. According to a recent study by Future Market Insights (FMI), the carbon steel market is forecast to rise at a CAGR of 5.1% between 2022 and 2030. The report is intended to offer an executive-level blueprint of the market to its stakeholders. It studies the growth …
Wood Plastic Composite (WPC) Floorings Market | Worldwide Industry Analysis and New Market Opportunities Explored By 2030
Over the years, the demand for wood-plastic composites (WPC) has significantly increased on the back of the high need for environment-friendly and low-cost raw materials in the residential sector. Likewise, increased spending on infrastructural developments in both the residential and commercial sectors is expected to give a major boost to the market during the forecast period. There …
Gold Plating Chemicals Market | Key Players, Applications, Outlook, SWOT Analysis and Forecasts By 2030
Driven by the surging industrial uses, the gold plating chemicals market is forecast to grow at 4.4% CAGR through 2030. Future Market Insights (FMI), in its recent study, has identified the expanding applications in electronics as a chief market driver. As key players in the sector aim at innovation and commercializing their product portfolio, the scope for …
Precipitated Barium Sulphate Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2030
The precipitated barium sulphate market has been gaining significantly from the expansion of construction and renovation works. In addition, 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 …