According to a recent FMI report, the global district cooling market share is expected to reach US$ 63.2 billion by 2033, with a CAGR of 8% over the projected period. The study found that rising demand for energy-efficient cooling technology has a proportionate impact on district cooling adoption. Rapidly rising temperatures and the proven viability …
Monthly Archives: March 2023
Rising Demand for Efficient Energy Storage Solutions Driving Growth in the Absorbent Glass Mat (AGM) Battery Market 2022 to 2032
The global absorbent glass mat (AGM) battery market is expected to be worth US$ 18 billion by the end of the forecast period, growing at a 4.8% CAGR. In the coming years, market growth is expected to be fueled by increasing government support. The industry is expected to generate $11.2 billion by 2022. The primary …
Global Testing, Inspection, and Certification Market Outlook 2022 to 2032: Growing Demand for Quality Assurance & Compliance Driving Market Growth
The market for testing, inspection, and certification is expected to expand at a 1.8% CAGR through 2032, reaching USD 256.9 billion in 2032, up from USD 215 billion in 2022. The testing, inspection, and certification sector contributes significantly to the global economy by assisting in the improvement of product quality used by a diverse range …
Baking Industry Goes Hi-Tech: Exploring the Global Commercial Oven for Bakery Market Trends & Growth Opportunities 2023 to 2033
The global commercial oven for bakery market is expected to grow at a healthy CAGR of 4.1% during the forecast period. The commercial oven for bakery market is expected to be worth $1,092 million in 2023. By 2033, the commercial oven for bakery market is expected to be worth US$ 1,635.5 million. Because of their …
Rising Demand for Innovative and Energy-efficient Commercial Bar Equipment: Global Market Analysis & Forecast 2023-2033
The global commercial bar equipment market is expected to grow at a 4.8% CAGR during the forecast period. In 2023, the commercial bar equipment market is expected to be worth US$ 1.7 billion. The commercial bar equipment market is expected to be worth US$ 2.7 billion by 2033. The primary factor driving commercial bar equipment …
Global Industrial Gas Stove Market: Trends, Growth Opportunities & Forecast 2023 to 2033
The global industrial gas stove market is expected to grow at a CAGR of 3.3% from 2023 to 2033. The market is valued at US$ 8856.84 million in 2023, and it is expected to be valued at US$ 12254.11 million by 2033. Currently, luxury hotels are among the largest purchasers of industrial gas stoves. According …
Phosphate Conversion Coatings Market | Key Players, Applications, Outlook, SWOT Analysis By 2028
Future Market Insights (FMI), Dubai: As per exhaustive research by FMI, the global phosphate conversion coatings market is poised to total US$ 1.86 Billion in 2022. Increasing adoption in the production of casing connections to enhance their sealing performance is fueling the demand for phosphate conversion coatings. Phosphate conversion coatings transform the basis metal surface into a non-metallic crystalline surfaces. This …
Ferric Sulphate and Polyferric Sulphate Market Size, Growth Analysis Report, Forecast to 2027
The demand for Ferric Sulphate and Polyferric Sulphate Market is expected to grow in the coming years owing to the industrial growth taking place worldwide and increase in water management regulations. This revelation is made by a new research report released by Future Market Insights. The report titled ‘Ferric Sulphate and Polyferric Sulphate Market: Global Industry Analysis 2012–2021 and …
Boron Trifluoride & Complexes Market Trends | Segmentation, Outlook, Industry Report to 2029
The global boron trifluoride and complexes market is projected to reach a value of US$ 389.4 Million by 2029, with the market expanding at a moderate CAGR of 5.3% from 2022 to 2029. Valued at US$ 257.2 Million in 2021, the target market is expected to reach an estimated US$ 270.7 Million in 2022. Owing to an …
Styrene Butadiene Rubber Market Size, Latest Trends, Regional Insights Dynamics By 2032
The global styrene butadiene rubber market is anticipated to create an absolute dollar opportunity by exhibiting a healthy CAGR of 5.5% between 2022 and 2032. The market is expected to reach US$ 10,584.3 Million in 2022 and is anticipated to surpass US$ 18,079.6 Million by 2032. As per the historic analysis of FMI, styrene-butadiene rubber sales grew at …