The Glass Fiber Reinforced Plastic (GFRP) Composites Market is estimated to capture an impressive valuation of US$ 18.54 billion in 2023, and is growing to US$ 41.53 billion by 2033. The market is projected at a CAGR of 8.4% during the forecast period. Growing demand for high durability, flexibility, and premium quality products is increasing the adoption of …
Monthly Archives: August 2023
Neopentyl Glycol (NPG) Market to Experience Gradual 4.6% CAGR Growth between 2023 and 2033, Anticipating a Worth of US$ 2,418 Million
The global Neopentyl Glycol (NPG) Market is projected to reach a valuation of US$ 2,148 million by 2033, with sales growing at an average CAGR of 4.6% from 2023 to 2033. The target market will likely reach an estimated US$ 1,542.4 million in 2023. The neopentyl glycol market is expected to grow by 1.6 times during this …
Gas Hydrates Market Poised for Remarkable 5.4% CAGR Growth from 2023 to 2033, Projected to Reach US$ 4,350.5 Million by 2033
Gas hydrates are known as potential materials for carbon capture and storage. They comprise unique properties including high storage capacity and stability under appropriate conditions. Gas Hydrates are stable and safe when stored in suitable geological formations. These include deep-sea sediments and permanent storage. Attributed to high storage density, they are able to store large amounts of …
Projected Surge: Magnesium Sulfate Market Set to Exceed US$ 1.68 Billion by 2033, Fueled by Agricultural and Pharmaceutical Demand
The Magnesium Sulfate Market is anticipated to expand its roots at an average CAGR of 5.7% between 2023 and 2033. The market is anticipated to cross a market share of US$ 1.68 billion by 2033 while it is likely to be valued at US$ 1.0 billion in 2023. Magnesium sulfate, also known as Epsom salt, is a chemical compound composed of magnesium, sulfur, …
Embracing Digital Transformation: Accounts Payable Automation Market Insights by Future Market Insights
The global market for accounts payable automation was valued at US$ 2.6 billion in 2022 and is anticipated to grow to US$ 6.7 billion by 2032, at a CAGR of 10%. According to reports, account payable automation solutions can help businesses acquire a higher level of operational control and visibility, allowing them to put more emphasis on …
Elevating Hauling Solutions: Navigating Trends and Innovations in the Evolving Tipper Body Equipment Market
In 2022, the market for tipper body equipment was valued at roughly US$ 27,345.2 million, and it is anticipated to increase to US$ 29,314.1 million by 2023. Additionally, because to increased tipper usage across numerous industries, such as waste management, construction, and mining, overall sales of tipper body equipment are predicted to grow at a …
Global NFT Analytics Tools Market to be Worth US$ 506.2 Million by 2032 | Future Market Insights, Inc.
In 2021, the global Non-Fungible Tokens (NFT) analytics tools market revenue was estimated to be US$ 124.7 million. The NFT analytics tools market is anticipated to reach US$ 506.2 Million by 2032, increasing at a CAGR of 13.7% from 2022 to 2032. According to the analysis, the market is expected to be valued at US$ …
Nutritional Excellence: Unveiling the Health Benefits Driving Rapeseed Oil Market to Surge at US$ 27.7 billion by 2033
The rapeseed oil market is a significant segment of the global edible oil industry. Rapeseed oil, also known as canola oil, is derived from the seeds of the rapeseed plant (Brassica napus or Brassica rapa). It is widely used for cooking, baking, and various food applications due to its favorable nutritional profile and versatile characteristics. …
Matcha Market Set to Achieve 10.2% CAGR, Projected to Reach US$ 7.1 Billion by 2033 | Future Market Insights Inc.
The matcha market has experienced significant growth and popularity in recent years. Matcha is a powdered form of specially grown and processed green tea leaves, traditionally used in Japanese tea ceremonies. It is known for its vibrant green color, unique flavor, and potential health benefits. The matcha market is expected to record a CAGR of 10.2% during …
Fermented Future: Kombucha Market is Anticipated to Grow from an Estimated US$ 3.4 billion in 2023 to US$ 17.1 billion by 2033
Kombucha is a fermented tea beverage that has gained significant popularity in recent years, making it a thriving market globally. The kombucha market has experienced rapid growth due to increasing consumer awareness of the beverage’s health benefits and its unique taste profile. The global kombucha market is going to reach US$ 17.1 billion by 2033, growing at …