The drag reducing agent market is likely to expand its roots at an average CAGR of 5.6% between 2023 and 2033. The market is expected to have a market share of US$ 1,159.5 million by 2033, while it is projected to be valued at US$ 672.4 million in 2023. The growing population is pushing people …
Monthly Archives: September 2023
Riding the Growth Wave: Bulk Terminals Market to Grow at 10% CAGR | Future Market Insights, inc
The COVID-19 outbreak has caused recent global seaborne trade slowdowns, but the world’s minor Bulk Terminals Market trade has increased significantly. Future Market Insights (FMI) analysts estimate that minor bulk trade globally has increased to 1.74 billion tonnes. According to FMI research, the production of steel and forest products accounts for 43% of minor bulk trade. Additionally, …
Barcode Printers Market Growth Forecast: Projected 5.6% CAGR Between 2022 and 2032, Expected to Reach US$ 8,552.87 Million
The Barcode Printers Market caters to a specialized niche in the printing industry, focusing on the production of barcode labels and images for various applications. Distinguished from conventional printers, these machines utilize distinct consumables and technology to generate high-quality, machine-readable barcodes efficiently and cost-effectively. With their ability to deliver clear, fast, and precise barcode printing, …
Booming Demand for Efficient Crude Oil Purification Propels Distillation Systems Market Beyond $16.3 Billion by 2033
Sales of the global distillation systems market are expected to reach US$ 7.6 billion in 2023. It is set to register a 7.9% CAGR over the forecast period 2023 to 2033. Revenues are likely to be worth US$ 16.3 billion by 2033. At the end of the historical period 2018 to 2022, the market stood at US$ 7 billion. Sales of distillation systems are witnessing …
Power Distribution Automation Components Market: Soaring Towards a $19.5 Billion Valuation by 2033, Fueled by 4.8% CAGR
The Power Distribution Automation Components Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Power Distribution Automation Components market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Power Distribution Automation Components. It …
Robust Growth Predicted for Inflow Control Devices Market, projected to Reach $827.4 Million by 2033
The Inflow Control Devices Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Inflow Control Devices market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Inflow Control Devices. It furnishes intricate revenue …
Smooth and Profitable: Soft Touch Polyurethane Coatings Market Set for US$ 17,429 million by 2033 at 9% CAGR
According to Future Market Insights, the soft touch polyurethane coatings market size is expected to reach US$ 7,361.85 million by 2023 and US$ 17,429 million by 2033, growing at a 9% CAGR. Polyurethane coatings are used extensively in coating interior components in automobiles and aircraft such as armrests, front control panels, door trims, and door …
Antimicrobial Additives Market: Projected to Reach US$ US$ 20,809.5 million by 2033 with 8.0% CAGR
As per Future Market Insights (FMI), the global antimicrobial additives market value is projected to increase from US$ 9,615.5 million in 2023 to US$ 20,809.5 million by 2033. Over the next ten years, global sales of antimicrobial additives are likely to thrive at 8.0% CAGR. Increasing consumption of antimicrobial additives in food and beverage sector …
Driving Forward: Automotive Plastics Market to Reach US$ 136.3 Billion by 2033 with a 6.9% CAGR
The global automotive plastics market was valued at US$ 64.8 billion in 2018 and reached US$ 65.6 billion in 2022. The market is anticipated to surge at a CAGR of 6.9% over the forecast period 2023 to 2033, reaching US$ 136.3 billion by 2033-end. Innovation Could Be Key to Success for Automotive Plastics Manufacturers! Crucial factors like stringent fuel efficiency and emissions regulations, and modernization …
Rising Demand in Automotive and Metal Processing Industries Fuels Growth in Potassium Fluoborate Market
Potassium Fluoborate, a white crystalline compound, finds versatile use in various industrial applications. As a fluxing agent, it enhances the performance of ceramics and aluminum brazing. In metal surface treatment, it aids in aluminum finishing and electroplating. With its high solubility and stability, Potassium Fluoborate proves valuable in the production of abrasives and grinding wheels. …