The global propylene carbonate market is anticipated to expand at a steady 6.3% CAGR over the forecast period between 2022 and 2032, finds Future Market Insights (FMI). Propylene carbonate is largely utilized as a solvent for the production of paints and coatings, cleaning solvent in the cleaning and degreasing industry, and as an electrolyte in …
Monthly Archives: October 2022
Acrylic Acid Market Size Predictions : US$ 22.6 Billion by 2032
According to a recent study by Future Market Insights, the acrylic acid market is expected to reach US$ 22.6 Billion by 2032, up from US$ 14.6 Billion in 2022, expanding at a CAGR of 4.5%. Rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant …
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In Terms Of Overall Growth Contributions To Global Market For Test And Measurement Equipment, Asia Pacific Comes In Second To North America.
The global test and measurement equipment market is predicted to witness a moderate CAGR of 5.6% during the forecast period of 2022 to 2032. The test and measurement equipment market share is estimated to be worth US$ 32 billion in 2022, with a possibility of reaching a total valuation of US$ 54.9 billion by 2032. All electronic gadgets and devices need to …
North American Heat Recovery Steam Generator Market Growing At A Modest 4.4% CAGR
The market for Heat Recovery Steam Generators will surpass US$ 1.1 billion in 2021. The demand for energy-efficient power generation solutions and rising investments in enhancing power plant efficiency are identified as the main growth drivers. These factors are expected to cause the market to expand steadily at a CAGR of 5.7%, with the U.K., the U.S., Germany, and Japan emerging …
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Comprehensive Research Study And Strong Growth In The Ultrasonic Flow Meter Market By 2032
Ultrasonic flow metres use ultrasound to compute the volume flow by measuring the velocity of a fluid. Ultrasonic flow metres are classified as transmission flow metres, open-channel flow metres, and Doppler flow metres. Ultrasonic flow metres are used to measure liquids like molten water, sulphur, chemicals, and cryogenic liquids that enable ultrasonic waves to pass …
Low Voltage Motor Market Is Anticipated To Reach $75 Billion Between 2022 And 2032.
Global demand for low voltage motors is expected to be worth US$ 39.1 billion in 2022, rising at a CAGR of 6.7 percent to US$ 75 billion by 2032. Extensive industrialization in a range of areas, as well as the ability to reduce the likelihood of equipment failure, will create excellent opportunities for growth in the low-voltage motors business. The low voltage …
Demand for Biodegradable Microbeads is Projected to Grow at a Robust CAGR of 8.7% Between 2022 And 2032
The global biodegradable microbeads market size is projected to grow at a healthy CAGR of ~8.7% during the forecast period of 2022 to 2032, reaching around ~US$ 9.6 Bn by 2032. Key factors influencing the growth of biodegradable microbeads market include the innovation and development of eco-friendly products, rising need for reducing plastic pollution, and increasing usage of biodegradable microbeads …
Market Trends For Electrical Enclosures, Industry Expansion, Demand, Size, Share, Analysis, And Projections Through 2022–2028
Future Market Insights delivers key insights on the global electrical enclosure market a new publication. The long-term outlook on the global electrical enclosure market remains positive with the market value expected to increase at a CAGR of 4.9% during the forecast period (2022-2028). Among the end use segments in the electrical enclosure market, the industrial segment is …
Market for Automated Material Handling Systems to Expand at a 9.4% CAGR Through 2032
The automated material handling systems market is predicted to increase at a CAGR of 9.4% from 2022 to 2027, rising from USD 28.8 billion in 2022 to USD 45.1 billion in 2027. Due to the commencement of COVID-19, the automated material industry is developing primarily due to increased demand for ASRS in the e-commerce industry. The material handling industry is expected to benefit from the growing trend …
Japan Is Expected To Be One Of The Most Lucrative Markets Throughout The Forecast Period, According To FMI
The market for hydrogen electrolyzers was worth $350.6 million USD in 2021. Sales are anticipated to increase by 24.2% CAGR over the forecast period, reaching US$ 3.7 Bn by 2032. During the forecast period, the market is anticipated to grow due to the rising popularity of hydrogen energy. With the implementation of strict government regulations designed to protect the environment by reducing pollution, …