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The global hammer mill market size stood at around US$ 641.3 Mn in 2021 and is expected to expand at a CAGR of 4.3% to reach a valuation of US$ 1,016 Mn by 2032. Hammer mills are machines that shred or break down heavy movable materials such as rock and mineral ores into tiny parts. Milling grain, fruit juice manufacturing, ethanol facilities, paper shredding, trash …
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The test and measurement equipment market is estimated to grow at a CAGR of 3.7 per cent, from USD 27.7 billion in 2021 to USD 33.3 billion in 2026. Stringent government requirements and the rising need for quality maintenance encourage the demand for test and measurement equipment. The emergence of COVID-19 prompted a rise in the manufacturing …
Global sales of multi-deck refrigerated display cases are set to be valued at over US$ 5,937.1 Mn in 2022, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report estimates the market to expand at over 5.6% CAGR from 2022-2032. The increasing usage of multi-deck refrigerated display cases in retail food …
The global Industrial Automation Market is expected to have a significant CAGR of 7% during the forecast period to reach a valuation of US$ 51 Bn by 2026, up from US$ 36 Bn in 2021. The efficient flow of information across multiple units in an industry allows for the most efficient conversion of raw materials to completed goods, emphasizing the importance of the …
The global sulfur hexafluoride market is poised for promising growth at a projected CAGR of approximately 5.8% during the course of forecast period (2019-2029). Favorable chemical properties and variegated end-use applications particularly electronic devices continue to supplement the growth of sulfur hexafluoride market. Key Takeaways of Sulfur Hexafluoride Market Study Role of sulfur hexafluoride in developing electronic …
Future Market Insights (FMI) recently published a detailed business intelligence study on global demand for and application of feldspar in various industries. The study reveals that the global feldspar market size reached around US$ 1.3 Bn in 2018. Robust advancement in construction and development of both commercial and residential sectors are triggering the sales of feldspar, which is …
These masts are used where the drones and other surveillance equipment cannot be used. Growing demand for telescope masts and pneumatics in the commercial sector is expected to drive sales at a 4.9% CAGR over the forecast period. North America is anticipated to hold a dominant share in the market due to increasing investments in …
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Global polycarbonate sheets market is set for propitious growth, invigorated by promising demand from automotive and building & construction industries. Witnessing a projected CAGR of 4.3% over 2019-2029, this billion-dollar industry will receive noteworthy momentum from Asia Pacific market. Expediting infrastructural activities in developing countries continue to create lucrative white spaces for manufacturers of polycarbonate sheets. Globally …
This is the main factor as to why the global propanol market is estimated at US$ 3,099.4 Mn in 2022, and is projected to experience steady growth during the forecast period of 2022-2029. East Asia will see the most opportunities for manufacturers over the period of forecast, with pharma- and electronic-grade isopropanol experiencing increasing sales. Growing utilization …
As per a recent market survey by Future Market Insights, sales in the global shot blasting machine market are expected to increase at a healthy 5% CAGR, reaching a valuation of US$ 1.8 Bn in 2031. Shot blasting machines play a vital role in the metal industry. With increasing demand from industries such as aerospace and automotive, sales will rise across …