New Product Development
According to a recent report published by Future Market Insights (FMI), the global Direct reduced iron market is projected to reach revenues worth US$ 16,789.0 Mn by 2030 end, with growth projected at an impressive CAGR between 2022 and 2030. Direct reduced iron (DRI) has recently emerged as a quality supplement, in place of scrap steel, among …
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The global ceiling tiles market will witness stellar growth at 10% CAGR over the forecast period (2021-2031). High net worth income of consumers in developed economies, along with spurring renovation activities, would contribute substantially to overall market performance, projects a new Future Market Insights (FMI) study. Sales of ceiling tiles are projected to inflate at an unprecedented …
The global business is projected to witness a growth rate of 5.8% over the forecast period of 2022 and 2030. Future Market Insights (FMI) has anticipated the demand of magnesium hydroxide to witness a year over year growth of 5.6% in 2022 reaching a value of about US$ 992.5 Mn by the end of 2022. Magnesium Hydroxide Market …
As per FMI, the global green ammonia market is anticipated to grow at a CAGR of 71.7% between 2023 and 2032, totaling a valuation of US$ 6,271.1 Mn by the end of 2032. Growing shift towards green energy, presence of stringent emissions regulations, surging demand for green fertilizers, and ambitions toward zero-carbon energy goals are some of …
Global demand for magnesium metal will reach 1,085 KT in 2016, representing market value worth US$ 3.13 Bn. Steady automotive sales in the US and Western Europe, combined with a rapidly growing Asia Pacific automotive market will continue to drive demand for magnesium, as manufacturers increase their emphasis on fuel efficiency and emission control. Magnesium’s applications in …
The global polysilicon market is anticipated to hold a valuation of US$ 8.5 Bn in 2022, and progress at a steady CAGR of 5.6% to attain an estimated net worth of US$ 11.8 Bn by 2028. The widespread installations of solar photovoltaics (PV) are expected to drive the demand for silicon products. As the popularity of solar energy generation increases, demand …
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The fragrant drawer liners market is expected to expand its roots at a low CAGR of 5% during the forecast period. The global market holds an estimated revenue of US$ 83 Mn in 2022 and is likely to cross US$ 128.76 Mn by the end of 2032. The manufacturers are producing adhesive and non-adhesive both type of fragrant drawer liners which are resistant …
Global Fragrance Diffuser Market : Global Fragrance Diffuser demand is projected to be valued at nearly US$ 27.75 Billion in 2022, forecast to grow at a CAGR of 7.08% to be valued at approx. US$ 55 Billion from 2022 to 2032. The fragrance diffuser disperses natural oils into the air and also contains various health-beneficial essential ingredients. Essential oils used in perfumes and fragrances …
The compostable toothbrush market is projected to reach a valuation of US$ 30.43 Billion in 2022, likely to surge at a vigorous 8.5 % CAGR from 2022 – 2032. In the Compostable Toothbrush Market” study 2022, the industry landscape is covered from driving factors to upstream markets and the overall state of the market. An in-depth analysis of …
The car covers market growth is likely to register a CAGR of 2.5% during the forecast period, up from US$ 798.6 Mn in 2022 to reach a valuation of US$ 1074.03 Mn by 2032. The global car covers market is expected to develop at a rapid pace throughout the forecast period, owing to rising demand for cars, particularly automobiles, as …
