Rising application of elemental sulphur in chemical refining, mining & metallurgy, and paper & plastic industries is propelling the demand in the market. As per a recent study by FMI, the global elemental sulphur market is estimated to exceed US$ 6.27 Bn in 2021. Elemental sulphur is gaining immense popularity across the agrochemical industry. It is extensively being used …
Monthly Archives: May 2023
Sales of Bamboos Market Expanding at a CAGR of 10.8% by 2029
The global bamboos market would progress at a high double-digit CAGR during 2022 – 2029, reaching a mark of US$ 12 Bn in 2029, as projected by a new Future Market Insights (FMI) study. Ascending demand from key end-use industries such as paper & pulp, building & construction, textile, and wood is projected to primarily drive demand for bamboos. …
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Wood Preservative Coatings Market Outlook, Current and Future Industry Landscape Analysis by 2027
The global wood preservative coatings market is slated to witness a CAGR of 4.9% between 2021 and 2027. Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Wood Preservative Coatings Market’. It has its team of analysts and consultants to deploy a bottom-up approach in its primary, secondary, and …
Textile Auxiliaries Market Expected to Witness a Steady Growth Rate of 5.2% in 2032
The global textile auxiliaries market is projected to reach a valuation of US$ 16,589.3 Mn in 2032, with sales growing at a moderate CAGR of 5.2% from 2022 to 2032. Scaling up from a value of US$ 9,491.1 Mn in 2021, the target market will likely reach an estimated US$ 9,992.4 Mn in 2022. The expanding textile …
Efficiency Unleashed: Compact Wheel Loaders Market Set to Reach US$ 6.64 Billion by 2029 Growing Demand for Construction Equipment at a CAGR of 3.3%
According to a new research report published by Future Market Insights (FMI), the compact wheel loaders market is anticipated to top US$ 6.64 Billion, growing at a CAGR of 3.3% during the forecast period 2022 to 2029. Many industries use compact wheel loaders to move materials from one location to another. They are mostly utilised in the construction sector …
Robust Growth Performance: Crawler Excavator Market Expected to Reach US$ 64.07 Billion by 2032 at a CAGR of 2.7%
he global crawler excavator market size is projected to have a sluggish-paced CAGR of 2.7% during the forecast period. The market is currently estimated to be worth US$ 49.08 billion in 2022. By the year 2032, it is predicted that the market for crawler excavators would reach a high of US$ 64.07 billion. Due to its …
Enhancing Performance and Customization: Bicycle Components Aftermarket Projected to Reach US$ 28.3 Billion by 2032 at a CAGR of 6.9%
Over the forecast period of 2022 to 2032, sales in the global bicycle components aftermarket are expected to grow at a CAGR of 6.9%, to reach a valuation of US$ 28.3 Billion by the end of 2032. Rising bicycle fleet across the globe is expected to be the key driving factor for the demand for bicycle components. The popularity …
Riding Through the Rain: Water Proof E-Scooter Market Expected to Reach US$ 8.3 Billion by 2032 at a CAGR of 5%
The water proof E-Scooter market is expected to escalate at a CAGR of 5.0% from US$ 5.1 Billion in 2022 to US$ 8.3 Billion by 2032. Researchers from FMI claim that more than 71% of E-Scooter models have ratings for water resistance. This represents an increase from the 40% of 2021. However, it’s crucial to keep in …
Seamless Power : Locomotive Wiring Harness Market Forecasted to Reach US$ 7,388.20 Million by 2033 at CAGR of 5.4%
The locomotive wiring harness market is estimated to be valued US$ 4,366.50 million in 2023 and US$ 7,388.20 million by 2033, growing at a 5.4% CAGR from 2023 to 2033. Growing urbanisation, rising demand for expanded public transportation services, and government initiatives to revamp existing railway infrastructure to boost rail connectivity are the main market …
Lightweight and High-Performance: Aircraft Carbon Brake Disc Market Poised to Reach US$ 2,034.81 Million by 2032 at CAGR of 6%
During the forecasted period of 2022 to 2032, the worldwide aircraft carbon brake disc market is anticipated to have a favourable outlook. The global market is estimated to grow to a peak of US$ 2,034.81 Million by the year 2032, from a predicted value of roughly US$ 1,136.23 Million in 2022. In 2021, the market …