According to a report by the National Marine Manufacturers Association, around 4,800 new sailboats were sold across the U.S. alone in 2019. This rise in sales of marine vehicles is expected to propel the demand for all its components including sailcloth in the coming years. A swift increase in marine automotive vehicles such as yachts, …
Monthly Archives: October 2022
Direct Reduced Iron (DRI) Market Projected to Reach Worth US$ 16,789.0 Mn by 2030
Direct reduced iron (DRI) has recently emerged as a quality supplement, in place of scrap steel, among steel making companies. Increasing steel production capacities, heightened awareness about CO₂ emission control among steel producers, and accelerating demand for high-quality steel from end users continue to drive Direct reduced iron (DRI) consumption in global market. According to a …
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Potassium Chloride Market projected to total US$ 16.5 Bn by 2030 – FMI
Nationwide closures have disrupted the international flow of labor across the agricultural sector. All these factors are having a detrimental impact on the growth of the potassium chloride market. Manufacturers of potassium chloride are significantly dependent on the agriculture sector; around 9 out of 10 stakeholders invest in the agriculture industry. The impact of coronavirus …
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Precast Concrete Market Set to Witness an Uptick Size USD 172.7 Billion to 2030: Future Market Insights, Inc.
The global Precast Concrete Market will grow at 5.4% CAGR during the forecast period (2020-2030), as projected by a new Future Market Insights (FMI) study. Surge in offsite construction activities to reduce material wastage and achieve cost efficiency continues to primarily drive the demand for precast concrete. Infrastructure development in emerging countries such as India, Indonesia, China, and Brazil …
Glacial Acetic Acid Market to Achieve a High CAGR of 6.5% During Forecast Period – 2029
Global glacial acetic acid market is poised for strong growth at approximately 6.5% CAGR during the projection period. Multifaceted applications such as vinegar, paints, pharmaceuticals, inks, and in food & beverages industry are propelling the growth of glacial acetic acid market. Food preservation segment in particular is the growth engine of the market, says a recent …
Polypropylene Yarn Market to receive overwhelming hike USD 23.85 billion in Revenues by 2029: Exclusive Report by FMI
The global Polypropylene Yarn Market was valued at nearly US$ 16.32 Bn in 2022, and is projected to exhibit a CAGR of 5.6% over the forecast period. The global Polypropylene Yarn Market size is estimated to be worth around US$ 16.32 Bn in 2022. With rising adoption of polypropylene yarn for various applications, the overall sales are anticipated to rise at 5.6% …
Sodium Silicate Market Innovations, Technology Growth and Research 2022-2029
The global sodium silicate market is set to grow at a steady CAGR of 3% during the forecast period, as projected by a new report of Future Market Insights (FMI). The growth is primarily fueled by the sodium silicate’s eco-friendly and non-toxic nature, which makes it ideal for numerous industrial applications such as detergents, adhesives, and coating, …
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Refinery Catalyst Market is anticipated to touch a value of nearly US$ 12,366 Million in the year 2032
Increasing use of transportation fuel is likely to have a direct impact on the demand for refinery catalyst, according to a recent report published by Future Market Insights (FMI). Catalytic processes are imperative for the production of transportation fuels such as gasoline, diesel, jet fuel and others from petroleum. Evolving composition of transportation fuel composition requirements …
Synthetic Quartz Market worth US$149.4 Million by 2029 – Exclusive Report by Future Market Insights, Inc.
The global synthetic quartz market is worth US$ 93 Mn as of now and expected to reach US$ 149.4 Mn by the year 2029 at a CAGR of 6.1% between 2022 and 2029. With electronics vertical witnessing a splurge, the synthetic quartz market is expected to grow on an unstoppable note in the forecast period. The catalysts to this market include …
Metal IBC Market Sales are projected to increase US$ 18.4 Bn by 2032
According to Future Market Insights, metal IBCs market participants are continuously looking for the storage and shipping packaging options that are easily traceable. Metal IBC are available with the RFID or barcode data retrieving technology that helps the end users to track the shipment. These options work with smartphones, tablets and handheld scanners to collect and tracking …
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