New Product Development
In 2023, it is projected that the worldwide carbon black market will bring in US$13,849.6 million. By 2033, the market for carbon black is expected to reach US$ 22,133.52 million, growing at a CAGR of 4.8%. The rise of the global market is facilitated by the rising usage of carbon black in the building and …
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Through the end of 2033, the Commercial Tandoor Oven market is projected to reach a value of US$ 845.7 Million, expanding at a CAGR of roughly 6.6%. In developing countries like Brazil and India, there is an increasing demand for commercial tandoor ovens due to consumer preferences for quick and convenient food. This opportunity has …
According to a research study conducted by Future Market Insights on the United States and Canada alumina market, demand for alumina is to reach a valuation of US$ 3,324.8 million by 2022. Robust domestic demand for defense and military equipment, tanker pumps, naval vessel components, and munitions hoist components is projected to drive growth in …
The estimated value of the global fluoroelastomer market in 2022 was approximately US$1,467.6 million, and between 2022 and 2032, it is anticipated to grow at a consistent CAGR of 4.9%. By 2032, it is expected that global sales of fluoroelastomers would reach a market value of US$2,374.8 million. Rising adoption across end-use industries such as …
The market for flat steel was worth $527 billion globally in 2022. By 2033, the market is expected to reach US$ 990.7 billion, growing at a 5.9% CAGR from US$ 558.09 billion in 2023. Steel is being used in more applications in order to lower costs and produce goods of greater quality, which will improve …
Europe barrier-coated paper market size is forecast to increase from US$ 1.3 billion in 2023 to US$ 1.8 billion by 2033. Total barrier-coated paper sales across Europe are set to rise at a CAGR of 3.2% throughout the projection period (2023 to 2033). Barrier coated paper refers to a specialized type of paper that is coated with materials offering resistance to moisture, oil, …
As per the recent research report by FMI, a market research and competitive intelligence provider, sales of Europe Pet Food packaging Market are estimated to reach a value of US$ 5.06 billion by 2033, recording a CAGR of 4.4% over the forecast period. Europe’s pet food packaging market has experienced significant growth over the years, fueled by …
During the projection period, it is expected that sales of cassava bags will increase at a CAGR of 7.6%. The market revenue is anticipated to be around $62.2 million in 2022 and to expand to $129,4 million by 2032. Cassava bags, also known as biodegradable bags, are made from cassava starch, a natural and renewable resource. Cassava …
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The market for bulk liquid transport packaging is projected to grow at a CAGR of 3.5% over the course of the forecast period, from a market share of US$ 1341.4 million in 2022 to US$ 1893.5 million in 2032. The Bulk Liquid Transport Packaging Market refers to the industry that specializes in developing packaging solutions specifically designed …
The aluminum tubes market is expected to auger at a stable CAGR of 5.6% during the forecast period from 2022 to 2032. The market calculated a total revenue of US$ 1394 Million in 2022 and it is expected to be valued at approximately US$ 2405.4 Million by 2032. Aluminum tubes are hollow cylindrical structures made from aluminum, …
