New Product Development
The newest Future Market Insights (FMI) analysis predicts that between 2021 and 2031, the demand for polyimide fibers will grow at a 4.9% CAGR. Sales in the market will be boosted by the growing usage of polyimide fibers in insulation, protective garments, and filter media. Polyimide fibers are likely to be used more frequently across …
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The global market for advanced polymer composites is anticipated to grow at an average annual rate of 5.9% during the forecast period, according to estimates by FMI. In 2022, the market is expected to be worth US$11.12 billion. By 2032, it’s expected that the market for advanced polymer composites would be worth more than US$ …
The global wastewater treatment chemicals market is currently valued at US$ 32.4 Billion and is anticipated to expand at a CAGR of 3.6% to reach US$ 46.15 Billion by 2032-end. Rising focus on wastewater treatment to limit environmental degradation to drive market growth. The demand for wastewater treatment chemicals is primarily concentrated in municipal and industrial end-use due to the numerous …
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By the end of 2032, the market for heterocyclic and fluoro organic compounds is projected to be worth US$ 957.2 Mn. The agrochemical industry has seen a considerable increase in the demand for heterocyclic and fluoro organic compounds for the creation of environmentally friendly insecticides. Certain demographic, macroeconomic, and innovation factors, including the booming pharmaceutical …
As per newly released data by Future Market Insights (FMI), the Canada eyeshadow stick & blush stick market is expected to be worth US$ ~245 million in 2023 and US$ ~389.4 million by 2033, growing at ~4.7% CAGR from 2023 to 2033. The popularity of natural and organic components in the cosmetic sector has rapidly expanded along with the trend towards …
In 2023, the porcelain tableware market would be worth more than US$ 9,305.2 million. By 2033, it would be worth US$ 19,178.3 million. The increase would occur at a 7.5% CAGR between 2023 and 2033. Porcelain tableware makes up 20% to 25% of the whole tableware market. People are increasingly using various social media sites as they begin to utilize mobile phones. These …
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The India colored gemstones market is on its way to a US$ 707.8 million in 2023. The market should accelerate further from 2023 to 2033 at a 10.5% CAGR. This should culminate in a market valuation of US$ 1,916.9 million in 2033. Gemstones are popular in India for reasons other than aesthetics. A sizable portion of the country’s populace thinks that diamonds have …
According to Future Market Insights (FMI), in 2023, the industrial tourism market would be worth US$ 1,663.6 million. By 2033, it would reach US$ 18,739.3 billion. The surge would occur at a CAGR of 27.4% from 2023 to 2033. As high disposable income group numbers are increasing, it is giving rise to more travelers. It is increasing industrial tourists worldwide. They …
The global automotive lead acid battery market is anticipated to project a steady growth rate by registering a CAGR of 3.3% throughout the forecast period from 2021 to 2031. According to Future Market Insights’ historical analysis, the global automotive lead acid battery market witnessed a staggering CAGR of 1.0% from 2016 to 2020. Its ongoing …
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The frozen food packaging market is estimated to be valued at US$ 900 million in 2023 and is rising to US$ 2.0 billion by 2033. Sales of frozen food packaging are likely to grow at a CAGR of 8.3% during the forecast period. The coverage of various sectors and applications that may have future market impact are …
