Increased demand for rubber, agrochemicals, and dental care will propel the global precipitated silica (SiO2) market to expand at an amazing development rate of more than 8.8% between 2022 and 2032. Because it is inert, non-toxic, and chemically balanced, this synthetic form of amorphous silicon dioxide enables the tweaking of its properties to suit a variety of …
Monthly Archives: June 2023
Demand for Soft Magnetic Composites Market in the Automotive Industry Value to Reach US$ 80 Billion in 2029
Due to their ferromagnetic qualities, soft magnetic composites (SMCs) are widely used in the automotive industry. The global soft magnetic composites market, which is primarily propelled by this, is anticipated to display a strong CAGR during the forecast period of 2022–2029, reaching a value of US$ 80 Billion in 2029. A technology that uses the least energy, …
Future of Air Barrier Market in the Construction Industry: Value to Reach US$ 23.16 Billion by 2029
Witnessing the industry’s much-anticipated shift from the traditionally preferred gypsum board to sustainably superior spray foam, the global air barrier market value will exceed US$ 16,932.8 Million by 2022 end. A recent research study of Future Market Insights (FMI) suggests that the overall growth of the market for air barriers will be moderate during the period of …
Understanding the Role of Mono Propylene Glycol Market: Revolutionizing the Pharmaceutical Industry
Mono propylene glycol (MPG) continues to find application across diverse industries, on the back of its low toxicity and hygroscopic properties. A recent Future Market Insights (FMI) study suggests that the global mono propylene market value will reach beyond US$ 5 Billion towards the end of 2029, witnessing a moderate CAGR during the forecast period (2022 – …
Understanding the Growing Demand for Lithium and Lithium Ion Battery Electrolytes Market in Green Energy Solutions
The lithium and lithium-ion battery electrolytes market is anticipated to create an absolute dollar opportunity during the forecast period from 2022 to 2029. The market is expected to grow with a year-on-year growth of 11.7%, reaching a valuation of about US$ 4,215.2 Million by the end of 2022. The global market is predicted to witness a reasonable …
Industrial Condensing Units Market is projected to be worth around US$ 15.95 Billion by 2028
According to a recent study by Future Market Insights (FMI), over 65% of end users worldwide prefer air-cooled industrial condensing units to water-cooled alternatives. Additionally, FMI’s analysis shows that even though the retrofitting of older condensing units has recently gained popularity, an estimated 85% of revenue still comes from new installations of industrial condensing units …
Role of Perfluoropolyether (PFPE) Market in the Automotive Industry Sales to Reach US$ 1,018.2 Million by 2029
New research by Future Market Insights on the perfluoropolyether (PFPE) market includes a global industry analysis of 2014-2021 and an opportunity assessment for 2022-2029. The global perfluoropolyether market is estimated to reach ~ US$ 758.8 Million in 2022 and increase at a CAGR of ~ 4.3% during the forecast period of 2022-2029. The report explores the perfluoropolyether …
Innovative Applications of Sodium Caseinate Market in the Food and Beverage, Pharmaceuticals, and Cosmetics Industry
According to the latest research from Future Market Insights (FMI), the worldwide sales of sodium caseinate market will increase ~5% year-over-year to reach ~270 thousand tons in 2022, up from ~258 thousand tons in 2021. FMI analysts forecast the sodium caseinate market to grow at a value CAGR of ~4.6% through to 2029, driven by greater demand for …
Growing Demand for Conductive Fibers Market in Smart Clothing Technology to Total US$ 4.9 Billion by 2031
Conductive fibers recorded a volume sale of approximately 42 thousand tons, equating to a value of US$ 1.2 billion in 2022. As per the insights culled by the latest report of Future Market Insights (FMI), the global conductive fibers market is likely to spectate high growth throughout the forecast period, driven by a plethora of factors. The …
Key Players in the Compressor Oil Market: ExxonMobil Corporation, Royal Dutch Shell Plc., BP Plc, Chevron, Total SA, Sinopec, and DOW Inc.
The surge in demand for synthetic compressor oil from the power generation industry is expected to contribute significantly towards the growth of the compressor oil market, finds Future Market Insights (FMI) in a study. According to the report, the market is forecast to exhibit a CAGR of 4.6% by 2031. Growth will continue, especially as the …