In 2032, the industrial air filtration market share is likely to expand at a steady CAGR of 6.2%, reaching US$ 45.2 Billion in 2027 from US$ 6 Billion in 2021, according to a new analysis from FMI. Increasing demand for energy-efficient filtering technology has an impact on the adoption of industrial air filtration market. The market for metals industrial air filtration is expected to grow 6.8 …
Monthly Archives: November 2022
China Stacker Crane Market To Grow At A Healthy CAGR During The Forecast Period Between 2022 And 2032
As per the global market study on stacker cranes, the market is expected to grow at a CAGR of 7% over the forecast period, from an estimated USD 976 million in 2021 to US$ 2 billion in 2032. Asia-Pacific is expected to lead the stacker crane market growth due to the rise of end-use industries and the adoption of …
Germany Wear Plate Market Is Estimated To Register Growth At A Staggering 8.1% CAGR | Get Insights FMI
Germany is expected to be the leading producer of wear plates, contributing significantly to the expansion of Europe wear plate Market. Growth in the country is attributable to the expansion of chemical and medical industries along with consumer and service industries. As machinery and automotive is the fastest-growing, demand for wear plates in these aforementioned industries …
Glass Reactors Market to Display Impressive Growth of 5.6% By End 2031 | Future Market Insights
According to new data from Future Market Insights (FMI), the glass reactor market is predicted to increase by 4.6 percent year over year (YoY) in 2021, with sales of 400 thousand units. In 2021, demand for single jacketed glass reactors will increase by 4.3 percent to 286 thousand units, while demand for double jacketed glass reactors will …
Global Large Synchronous Motor Market Will Exhibit 2.6% Y-O-Y Growth | Get Insights FMI
The global market for Large synchronous motors is anticipated to be valued US$ 222 million in 2031. In its analysis, Future Market Insights (FMI) predicts a stable long-term growth outlook for the market. According to the study, the worldwide big synchronous motor market will grow at a moderate CAGR from 2021 to 2031. The report looks at 20+ high-growth …
Corrosion Protective Coatings and Acid Proof Lining Market Size, Share & Forecast to 2025
Demand for corrosion protective coatings and acid proof lining materials will remain stable in 2016, with global revenues totaling 31,636.2 Mn in 2016, a 5.5% increase over 2015. In 2016, the construction sector’s slow but promising growth will continue to drive the adoption of corrosion protective coatings and acid proof lining market. The marine sector …
Bentonite Market: Overview, Data Updates, Reports Analysis & Forecast | FMI
Increased oil drilling and construction activities around the world are expected to drive up demand for bentonite market between 2021 and 2031, according to a new study by Future Market Insights (FMI). The market is expected to reach $2.37 billion by the end of 2031, according to the report. It is expected to grow steadily …
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Automotive Plastics Market Worth US$ 45 Billion by 2032 – Exclusive Report by FMI
According to the study at Future Market Insights (FMI), the global automotive plastic market is expected to secure US$ 28.5 Million in 2022 and reach US$ 45 Billion by 2032. During the forecast period from 2022-2032, the market is likely to display a CAGR of 4.67%. The growth of the market can be attributed to …
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East Asian Industrial Temperature Controller Market Holds A Dominant Market Share Of 34.6% | FMI
East Asia is anticipated to be a highly rewarding market for industrial temperature controllers over the forecast period. Currently, the East Asian industrial temperature controller market holds a dominant market share of 34.6% and is predicted to maintain a similar outlook through 2030. Meanwhile, South Asia and the Pacific regions account for a share of 19.6% in 2022. Shipments …
Textile Chemicals Market Forecast to 2031 | Top Players Huntsman Corporation, Archroma Management LLC
According to Future Market Insights, an ESOMAR-certified consulting firm, the global textile chemicals market will grow at a 5.40% CAGR between 2021 and 2031. According to the FMI, due to the unprecedented outbreak of Covid-19, textile chemicals market sales declined, registering a 1% CAGR between 2016 and 2020. However, growing global demand for PPE kits …