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The bicycle tires market is expected to witness significant growth over the assessment period owing to increasing bicycle ownership in response to discovering eco-friendly alternatives to conventional fossil-fuel-driven vehicles which have heightened sales of bicycles. From the introduction of tubeless tires to hybrid bikes, bicycle tire manufacturers are introducing a slew of innovative products to …
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According to Future Market Insights (FMI), the global industrial oil market is projected to reach a value of US$ 90,491.1 Mn by the end of 2032. Development in the industrial sector and growing sales of automotive are expected to influence the growth in industrial oil market in the upcoming decade. Growing demand for oil for lubrication in industrial equipment …
The Amino acid market is expected to see a substantial CAGR of 7.4%, and is projected to increase from US$ 24.2 billion in 2021 to US$ 62.1 billion by 2032. The demand for wholesome food has increased, along with customers’ knowledge of their health. This has forced food and beverage producers to make products boosted with necessary …
Global Aerogel Market is estimated to be US$ 1.5 billion by 2022 forecasts annual growth of 17% worth US$ 7.5 billion through 2022 to 2032. Due to technological advances in this area, North America led the world market, followed by Asia Pacific. In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study …
The global wind turbine composite materials market is expected to reach a valuation of US$ 25.4 Billion by 2032, with sales growing at a healthy CAGR of 7.14% from 2022 to 2032. Scaling up from a value of US$ 12 Billion in 2021, the target market is set to reach an estimated US$ 12.75 Billion in 2022. …
The global wood coatings market is expected to augment at a healthy CAGR of 5.9% throughout the forecast period from 2022 to 2032. The expansion of the wood coatings market is attributed to the growth of the housing market as spending on maintenance of decks, fences, flooring, and siding is rising. Furthermore, stringent regulations, increased competition, a …
The electric vehicle insulation market size is expected to be valued at US$ 43,795.7 Million by 2033, up from US$ 6,145.1 Million in 2023. Sales of electric vehicle insulation are projected to grow at a CAGR of 21.7% over the estimated period, according to research by Future Market Insights. Key Takeaways from the Electric Vehicle …
During the forecast period, the dimethyldichlorosilane market is anticipated to grow at a promising CAGR of 4.8 percent. The global market is expected to generate US$ 1.19 billion in sales in 2022 and US$ 2.48 billion by the end of 2032. Dimethyldichlorosilane reacts with water to give rise to linear as well as cyclic Silicon Oxide chains. Dimethyldichlorosilane …
The global paraffin market is estimated to secure a market value of US$ 9.4 Billion by 2032 while expanding at a CAGR of 4.4%. The market valued US$ 5.9 Billion in 2021. The industry is anticipated to garner US$ 5.9 Billion in 2021. The growth of the market can be attributed to the expansion of key end …
Global demand for neon gas market is expected to increase at a 7% CAGR, reaching US$ 222.9 Million in 2022. Increasing applications in semiconductors and lighting sectors will continue boosting the market, pushing the market size to US$ 439.1 Million by 2032. Growing adoption of neon gas in lasers for various applications including healthcare, sensors, and defence is expected to propel the …