The global specialty oils market is anticipated to grow from US$ 125,369.2 Million in 2022 to US$ 175,703.8 Million by the end of 2032, accelerating at a CAGR of 3.4% throughout the forecast period (2022-2032). Rising demand for specialty oils across various end-use industries such as automotive, power generation, pharmaceutical, food & beverages, manufacturing, transmission & distribution, …
Monthly Archives: March 2023
Bioresorbable Polymers Market Expected to Reach US$ 5 Billion by 2032
The global Bioresorbable Polymers market is anticipated to garner US$ 5 Billion while expanding at a CAGR of 13% during the forecast period. The market is estimated at US$ 1.3 Billion in 2021 and US$ 1.47 Billion in 2022. Technological advancements, innovations in plastics, and evolved decontamination devices are boosting product demand, thereby augmenting the industry’s growth. Bioresorbable polymers can biodegrade inside …
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North America Residential Water Treatment Devices Market is Projected to Grow at a 3% CAGR Over the Forecast Period by 2031
The global residential water treatment devices market is projected to total US$ 23 Bn in 2021, likely to surge at a vigorous ~5% CAGR during the by the end of 2031. Water is required for the life of all living beings while also being one of the most limited resources. Large-scale urbanisation, widespread pesticide use, and naturally occurring pollutants in some …
Shape Memory Polymers Market is Expected to Expand at a CAGR of 26.9% from 2022 to 2032
The global shape memory polymer market is projected to grow at a CAGR of 26.9% between 2022 and 2032, according to a recently published study by Future Market Insights. As of 2022, the market is slated to be valued at US$ 450.4 Million. By the end of the 2022-2032 forecast period, the market is expected to be …
Cocoa Based Polyphenols Market to Exhibit 5.8% CAGR with Improved IT Infrastructure
The global cocoa based polyphenols market is set to witness an impressive growth rate of 5.8% over the forecasted years of 2022 to 2032. The cocoa based polyphenols market size is anticipated to reach a valuation of around US$ 153.2 Billion by the end of the year 2032 from the current valuation of US$ 87.1 Billion in 2022. Consuming …
Mechanical Locks Market to Achieve A High CAGR Of 4% During Forecast Period -2031
The mechanical locks market size is expected to reach a valuation of approximately US$ 6.5 Bn, expanding at 4% CAGR over the forecast period 2021 to 2031. Electronic door locks are increasingly getting popular because they eliminate the need for keys and provide automated features such as remote locking and unlocking. The locks can be controlled and monitored with a …
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Lightning Arrester Market: Worldwide Analysis & New Business Opportunities Explored 2022 to 2032
According to Future Market Insights (FMI), the lightning arrester market is expected to grow at a CAGR of 6.5% from 2022 to 2032, reaching a valuation of US$ 1,466.7 Million by the end of 2032. Increasing emphasis on electrical equipment safety in the home, as well as other applications such as infrastructure, power plants, and …
Industrial Air Filtration Market: Notable Developments & Geographical Outlook 2022 to 2032
According to a new FMI analysis, the industrial air filtration market share is expected to grow at a steady CAGR of 6.2% by 2032, reaching US$ 45.2 Billion in 2027 from US$ 6 Billion in 2021. The growing demand for energy-efficient filtering technology has an impact on the industrial air filtration market’s adoption. To improve …
Industrial Safety Footwear Market Report | Size, Growth, Demand, Scope, Opportunities & Forecast 2023 to 2033
The industrial safety footwear market is expected to grow at a 7.4% CAGR between 2023 and 2033. The market is expected to reach a value of US$ 23.6 billion by 2033, up from US$ 11.6 billion in 2023. Rising awareness around workers’ safety, advanced protective gear, and increased construction and industrial operation fuels the sales …
Traditional Toys and Games Market Size is Projected to Grow at 4% CAGR During Forecast Period by 2031
The global traditional toys and games market are slated to reach US$ 90 Bn in 2021, expanding at a 4% CAGR over the forecast period 2021-2031. The demand for traditional toys and games gained traction as countries imposed lockdown to contain the COVID-19 outbreak. While supply-chain disruptions continued posing threat, some of the top traditional toys and games brands shifted their …