A recently published study by FMI expects the global synthetic leather market to augment at a 6% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 50 Billion is expected for the market. From 2017 to 2021, the industry experienced noteworthy growth, registering a value CAGR of 1% and …
Monthly Archives: November 2022
Coil Coatings Market is Projected to Reach the Valuation of US$ 6.8 Billion in 2029 | Exclusive Report by FMI
A new market study by Future Market Insights on the global coil coatings market, evaluates key industry trends for the historical period 2014–2021 and forecasts the coil coatings market growth for the 2022–2029 period. The global coil coatings market value at US$ 5.0 Bn in 2022, and is projected to grow at a moderate CAGR of 4.7% during the …
Specialty Paper Market is Estimated to Register a Strong 5.1% CAGR Between 2022-2032 | Exclusive Report by FMI
According to a Future Market Insights (FMI) report, the Specialty paper market is expected to surpass US$ 14.9 Bn in 2021, at a CAGR of 5.1% between 2021 and 2031. Specialty paper is used in packaging, printing and writing, and building and construction sectors. Their increasing application across diverse sectors can be attributed their moisture resistance, low-weight, …
Rare Earth Metals Market will Reach a Value of US$ 3,818.8 Million by 2021-2031 at a CAGR of 6.0%
As per ESOMAR-certified consulting firm Future Market Insights (FMI), the global rare earth metals market is poised to witness steady growth at around 6% CAGR, exceeding the market valuation of US$ 3,818.8 Mn between the forecast period 2021 and 2031. Growing consumer preference towards electronic vehicles and rapid expansion of the automotive and electronic industry are emerging as chief factors …
Metal & Metal Oxide Nanoparticles Market to Hit US$ 89,894.6 Mn by 2022-2032 | Future Market Insights
The global metal & metal nanoparticles market is anticipated to register remarkable growth over the projection period ranging from 2022 to 2032. The global market is expected to reach a valuation of US$ 29,958.8 Mn by the year 2022 and a top estimation of around US$ 89,894.6 Mn by 2032. Rising awareness about health, hygiene & well-being …
Silicon Photonics Market totaling a valuation of over US$ 6 Billion by 2032
In silicon photonics technology, silicon is used as a platform for the photonic circuits to create optical communication system which is highly integrated. The modern trend of miniaturization of electronic devices with increasing requirement for speed and efficiency as well as keeping the cost economical, has led to the increase in demand for the global silicon photonics …
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Vehicle Analytics Market is likely to secure a CAGR of 15.3% through 2032
Future Market Insights (FMI) in its most recent report projects that the worldwide vehicle analytics market will remain at around US$ 2,370 Mn toward the finish of 2022, mirroring a better than expected CAGR. The report finds that the quick reception of vehicle analytics is part of the way attributable to interest for more prominent travel comfort, …
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Optical Sensor Market projected to rise at a robust CAGR of around 9.5% from 2022 to 2032
Optical Sensor Market : Optical sensor converts the light into electric signals. It measures physical quantity of light and converts light into form which can be interpreted by instrument. Optical sensor is connected to electrical trigger which can reacts as per change in signal. Optical sensor has ability to measure change in wavelength of light. Optical …
Agricultural Equipment Market totaling around US$ 108.86 Billion by 2032
The global agricultural equipment market is expected to be valued at US$ 68.12 Billion in 2022. With the increasing growth of the farm mechanization, coupled with the increase in investments by OEMs for Agricultural Equipment, the overall demand for agricultural equipment is projected to grow at a CAGR of 4.8% between 2022 and 2032, totaling around US$ 108.86 Billion by 2032. The demand …
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Computer Aided Design (CAD) Market is projected to grow at a CAGR of 6.1% between 2022 and 2032
The global computer aided design (CAD) market is projected to reach US$ 18,570.5 Mn in 2032, with demand growing at a positive CAGR of 6.1% over the duration of 2022 to 2032. Valued at US$ 10, 250 in 2022, the computer-aided design market is propelled by its large-scale application in multiple end-use industries. Many manufacturing industries are …