New Product Development
The market for tile adhesive is expected to reach US$ 4.8 billion by 2032, with sales increasing at a 6.9% CAGR throughout the study period. The market for tile adhesives is anticipated to increase as construction activity rises in both developing and developed countries. In addition, the market is anticipated to see prospects for expansion due to …
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The global environmental remediation technology market was worth US$ 739.42 Billion in the year 2022 and is expected to reach US$ 1362.15 Billion by the year 2032 at a CAGR of 6.3% between 2022 and 2032. Environmental remediation could be referred to as restoring environmental media like groundwater, soil, surface water, or sediments polluted by …
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The global conveyor belt market is anticipated to reach a value of US$ 5,818.5 Mn in 2032, with sales growing at an average CAGR of 4.1% over the forecast period 2022 to 2032. Valued at an estimated US$ 3,893.20 Mn in 2022, the conveyor belt market is driven by the fast and efficient transportation of various heavy …
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The market for castor oil derivatives worldwide had a value of US$ 1,220.4 million in 2021 and is projected to reach US$ 1,630.7 million by 2032, expanding at a CAGR of 3% during the forecast period. FMI projects the global Castor Oil Derivatives market to expand at a 3% value CAGR by 2032. Castor oil is one …
Continue reading “Emerging Markets for Castor Oil Derivatives: Growth Opportunities and Challenges”
The demand for cellular rubber is expected to be worth US$ 8.4 billion in 2022 and is projected to increase at a CAGR of 5.91% to US$ 15 billion from 2022 to 2032. Increased demand for the automotive industries is credited with growth. Future Market Insights (FMI) recently published a business intelligence report on the …
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As per the plain bearing market report by FMI, the global market is expected to be worth US$ 10 billion in 2021 and US$ 17 billion by 2032, growing at a modest CAGR of 5% over the forecast period. The rise of plain bearing applications is propelling the market forward. In addition, increased infrastructure spending, emerging technological projects, and heavy machinery development in China, India, the …
Though the refrigeration coolers market growth was disrupted to a certain extent by COVID-19 in the last couple of years, the manufacturing sector is expected to pick up the pace gradually in the coming months. The refrigeration coolers market is predicted to move forward at a moderate pace with a CAGR of 6% from 2022 to 2032, following the refrigeration coolers market analysis by …
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With an estimated CAGR of 3% during the projected period, the district cooling industry share is expected to reach US$ 63.2 billion by 2033, finds a recent report published by FMI. The study finds that the rising demand for energy-efficient cooling technology proportionately reflects on the adoption of district cooling. The adoption of district cooling systems around the world has stemmed …
The market for wear plates is anticipated to expand annually by 5.1% in 2021, reaching US$ 6.9 Billion by the year’s end. To guarantee the equipment’s long-term safety, wear plates are utilised in a range of end-use industries. The analysts at Future Market Insights have leveraged extensive rounds of critical and detailed secondary research to arrive …
Continue reading “Wear Plates Market to Display Impressive Growth of 5.1% CAGR with Rising Demand”
The market for wear plates is anticipated to expand annually by 5.1% in 2021, reaching US$ 6.9 Billion by the year’s end. To guarantee the equipment’s long-term safety, wear plates are utilised in a range of end-use industries. The analysts at Future Market Insights have leveraged extensive rounds of critical and detailed secondary research to arrive …
