The Engineering Plastics Market is witnessing remarkable growth as these advanced materials continue to find diverse applications across various industries. Unlike standard plastics, engineering plastics offer enhanced mechanical, thermal, and chemical properties, making them indispensable in demanding environments where traditional plastics fall short. These plastics are tailored to withstand extreme conditions, making them a crucial …
Monthly Archives: August 2023
Trekking Towards Success: Event Tourism Market to Expand by 4.1% CAGR through 2023-2033 | Future Market Insights
The Event Tourism Industry had a market share of US$ 1.5 trillion in 2022, and the sector is anticipated to increase at an ongoing compound annual growth rate of 4.1% from 2023 to 2033 leading to a market value worth US$ 2.33 trillion. A major market-driving driver for tourism is the globalization of various events and consumer …
Colombia Agro Tourism Market is likely to Reach US$ 7.2 Billion, Growing at a CAGR of 6.2% from 2023 to 2033 | FMI
The Colombia Agro Tourism Industry had a market value of US$ 3.7 billion in 2022, and it is predicted that it would increase at a CAGR of 6.2% from 2023 to 2033 to reach US$ 7.2 billion. One of the advantages that Colombian agrotourism offers its producers is a flood of cash flow during the off-seasons; this …
Mailers Market Set to Achieve Remarkable Growth, Projected to Reach US$ 5,263.5 Million by 2033 with a CAGR of 5.3%
The global mailers market size is predicted to exceed a valuation of US$ 3,140.5 million in 2023. It is projected to achieve a valuation of US$ 5,263.5 million by 2033. The market is expected to progress at a CAGR of 5.3% from 2023 to 2033. Comparing mailers to more conventional packing techniques like boxes, mailers …
Cruise Tourism Market Value of US$ 17.8 Billion by 2033 | Report By Future Market Insights
It is predicted that the Cruise Tourism Market, which had a market value of US$ 5.3 billion in 2022, will increase to US$ 17.8 billion by 2033, with a CAGR of 12.1% from 2023 to 2033. The disposable income is a critical driver for the cruise tourism business. People are more inclined to spend money on …
Casino Hotel Market Reaching a Total of US$ 321.4 Billion in 2033 | Future Market Insights
The Global Casino Hotel Market was valued at US$ 191 billion in 2022, and it is predicted that it would rise at a CAGR of 4.8% to reach US$ 321.4 billion by 2033. The growing interest among tourists in these casino hotels may be related to the growth of the tourism industry. The market for casino hotels …
Rapid Expansion of Thermal Labels Market: Projections Show a Surge from US$ 935.24 Million in 2023 to US$ 1,494.64 Million by 2033
The thermal labels market is poised for substantial growth, with an estimated value of US$ 935.24 million in 2023 and a projected expansion to US$ 1,494.64 million by 2033, driven by a robust Compound Annual Growth Rate (CAGR) of 4.8% throughout the forecast period. Notably, in 2021, the global market’s revenue already amounted to US$ …
Anticipating Strong 6.3% Market Growth (2022-2032): Faux Paints And Coatings Market Set for Significant Expansion
The global Faux Paints and Coatings Market is valued at US$ 2.1 Billion in 2022 and is expected to reach US$ 4.2 Billion by 2032, expanding at a CAGR of 6.3% between 2022 and 2032. According to Future Market Insights, a market research and competitive intelligence provider, global Faux Paints and Coatings consumption has increased at a …
Rising Demand for Efficient Organization and Secure Transportation Drives Expansion of the Utility Cases Market to US$ 56.7 Billion by 2033
The global utility cases market’s remarkable valuation of US$ 38.0 billion in 2023 sets the stage for a compelling trajectory. With a steady growth rate projected at 4.1% from 2023 to 2033, the market is anticipated to reach a substantial value of US$ 56.7 billion by 2033. This growth underscores the surging demand for utility …
Steady 3.4% CAGR Propels Sulfuric Acid Market Sales to US$ 25,623.0 Million by 2032 on Rising Adoption and Diverse Applications
Sulfuric acid is primarily produced through the contact process, which involves catalytic oxidation of sulfur dioxide (SO2) to sulfur trioxide (SO3) using a vanadium pentoxide catalyst. The SO3 is then absorbed in concentrated sulfuric acid to form oleum, which is subsequently diluted to yield commercial-grade sulfuric acid with varying concentrations. The process’s efficiency, environmental concerns, …