New Product Development
Increasing demand from the construction and automotive industries for temperature control and energy efficiency is expected to fuel the demand for thermal insulation material. According to a new study by Future Market Insights (FMI), the market for thermal insulation material is set to rise steadily with a CAGR of over 4% through the end of the projection …
Continue reading “Emerging Markets for Thermal Insulation Material: Opportunities and Challenges”
The membrane chemicals market is predicted to grow from US$ 2.2 Bn in 2023 to US$ 3.9 Bn by 2033. The market for membrane chemicals is projected to record a CAGR of 6.1% from 2023 to 2033. One of the main factors fueling the expansion of the market is the rising demand from end users for water treatment chemicals. Physical purification …
The global argon gas market is estimated to reach US$ 372.2 Mn by 2032, with demand growing at a 5.4 % CAGR over the forecast period. Argon is extensively used in the healthcare sector for various applications. It has targeting areas with high precision capabilities making its effective for diabetic patients in retinal detachment and …
In 2021, the market for polymer fillers had a value of $33.4 billion. Sales will increase by 4.5% CAGR to US$34.7 billion in 2022. The market is anticipated to be driven by rising demand for polymer fillers in plastics, which are widely employed in numerous end-use industries. In light of this, the market valuation by …
According to Future Market Insights, the global N-Propanol Market Size is expected to grow from US$ 308.6 Mn in 2022 to US$ 420.6 Mn by 2032, with overall demand surging at 3.1% CAGR throughout the forecast period. Rising demand for paints, coatings, pharmaceuticals, etc. across the world is a key factor expected to drive the …
Continue reading “Understanding the Global N-Propanol Market: Trends and Forecast”
The global mining explosives consumables market is anticipated to expand at a CAGR of 5.5% during the forecast period, finds Future Market Insights (FMI) in a recent analysis. Growing focus to reduce consumption of industrial explosives in mining of iron ore, coal, and other minerals is expected to remain a key growth driver for the …
The biocides market is anticipated to thrive at an average CAGR of 3.4% between 2023 and 2033. The market is anticipated to surpass US$ 12.5 billion by 2033, while it holds a revenue of US$ 8.9 billion in 2023. A wider range of applications as a preservative and germ-controlling agent is propelling the growth of the biocides market. Furthermore, advanced …
According to Future Market Insights (FMI), the automotive air intake manifold market is poised to reach US$ 52,813.4 Mn by 2032 and register growth at 4.9% CAGR over the forecast period (2022-2032). A push for personal mobility, demand for comfort and safety, preference for premium features and advanced safety is expected to drive the demand …
The global plug-in hybrid electric vehicles (PHEV) market is anticipated to create an absolute dollar opportunity by projecting a healthy-paced CAGR of 18.5% throughout the forecast period from 2022 to 2032. The global market was valued at US$ 69,720.5 Million in 2022. The market value of the plug-in hybrid electric vehicles (PHEV) market is anticipated …
The global automotive brake friction products market is expected to create lucrative growth opportunities with an opulent CAGR of 4.8% during the forecast period from 2022 to 2032. The market was valued at around US$ 10.4 Bn in 2021 and is likely to reach a valuation of US$ 17.2 Bn by 2032. The automotive brake …
