According to a recent FMI report, the global valencene market is expected to grow at a CAGR of 5.2%. The market value is anticipated to increase from US$ 5.5 Mn in 2023 to US$ 9.2 Mn by 2033. Valencene is a natural compound found in Valencia oranges and is used as a flavoring agent in the food …
Monthly Archives: March 2023
Animal Feed Antioxidants Market Worldwide Growth, Trends, leading Segments and Opportunities to 2033
The animal feed antioxidants market is projected to reach US$ 323.61 Mn in 2023 and US$ 1056.48 Mn by 2033, with a CAGR of 12.56% over the forecast period. The animal feed antioxidants market is anticipated to experience rapid expansion due to the rising need for antioxidants in the animal feed sector as well as the growing …
Automotive Garage Equipment Market Growth Projected to Reach US$ 32.9 Billion by 2029
The global automotive garage equipment market growth is estimated to be valued at ~US$ 32.9 Billion by 2029, increasing at a CAGR of ~ 4.3% during the projected period of 2022 and 2029. This growth is significantly driven by stringent emission and other regulations of vehicle diagnostics equipment in the automotive industry. Automotive garage equipment …
Railway System Market Demand Revenue is expected to Surpass US$ 45,192.2 million by 2033
The railway system market demand is valued at US$ 28,278.1 million as of 2023. The market is expected to advance at a CAGR of 4.8% during the forecast period. By 2033, the market is expected to cross an estimate of US$ 45,192.2 million. Key Takeaways: The railway system market is holding a valuation of US$ …
Hybrid Vehicles Market Demand to Grow at a CAGR of 21.6% through 2032
The global hybrid vehicles market demand is expected to create a lucrative growth opportunity over the estimation period from 2022 to 2032 by registering a CAGR of 21.6%. The market is anticipated to be valued at US$ 192.7 Bn in 2022 and is expected to reach a valuation of US$ 1,362.3 Bn by 2032. Hybrid vehicles are …
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Ring Pull Caps Market is projected to reach US$ 480.8 Million by 2028, at a CAGR of 5.0%
The market for ring pull caps is anticipated to reach US$ 480.8 Mn by 2028, at a CAGR of 5.0% from 2022 to 2028, from an estimated US$ 359.1 Mn in 2022. According to a study by Future Market Insights, the aluminium segment of the market for ring pull caps is expected to hold a market share …
Pallet Boxes Market Germany is expected to grow by 2.3% CAGR during the forecast period
The market for pallet boxes is anticipated to reach a value of US$ 2.3 billion in 2022 and US$ 3.0 billion in 2028, at a CAGR of 4.5%. By 2028, the global pallet boxes market will account for about 3.2% of the US$95 billion worldwide pallet market. According to the most recent Future Market Insights (FMI) analysis, …
Electric Vehicle Motor Market Share will reach at a CAGR of 8.5% by year 2032
In 2032, the global electric vehicle motor market share was valued at about US$ 18.09 billion. Overall sales are predicted to grow at an impressive CAGR of 8.5%, according to the electric vehicle motor market analysis by FMI. As per the electric vehicle motor market survey, more than 83% of all EV motor sales worldwide are …
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Multihead Weighers Market is reach valuation of US$ 343.6 million in 2033 with rising sales demand
According to a report published by Future Market Insights (FMI), the global multihead weighers market is set to reach a US$ 238.9 million in 2023. From 2023 to 2033, the market is anticipated to accelerate at a slow 3.7% CAGR, which should increase the market’s valuation to US$ 343.6 million in 2033. Multihead weighers are the standard equipment for measuring the weight of …
Compostable & Biodegradable Refuse Bags Market is rising to US$ 653.0 million by 2033
The compostable & biodegradable refuse bags market is predicted at a valuation of US$ 318.1 million in 2023 and is expected to reach US$ 653.0 million by 2033. The market is likely to register a CAGR of 7.5% during the forecast period. The increasing demand for eco-friendly plastic alternatives and pollution control favors the adoption of compostable …