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 the food and beverage …
Monthly Archives: September 2023
Magnesium Chloride Industry at 4.3% CAGR from 2021 to 2031 Driven by Deicing and Chemical Sectors’ Demand
In a recent industry analysis, Future Market Insights (FMI) predicted that between 2021 and 2031, the global magnesium chloride market will expand at a steady CAGR of 4.3%. The demand for deicing services is driving up the price of magnesium chloride. The chemicals and derivatives sector is predicted to considerably contribute to the growth of …
Global Terephthalic Aldehyde Market Anticipates -3.8% CAGR Growth from 2018 to 2028
The global terephthalic aldehyde market has been steadily growing due to its multifaceted applications and increasing demand in different industrial segments. This report provides an in-depth analysis of the terephthalic aldehyde market, including its key drivers, challenges, and future prospects. The terephthalic aldehyde market is poised for continued growth, driven by its essential role in …
Polyimide Fibers Market Poised for a 5.4% CAGR Growth Between 2023 and 2033
The market for polyimide fibers is anticipated to earn more than US$ 517.5 million in sales in 2023. Between 2023 and 2033, the market is anticipated to expand at a compound annual growth rate (CAGR) of 5.4%. Due to its exceptional flame-retardant capability, polyimide fibers are being used more and more in the production of …
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Functional Films Market Anticipated to Grow at a 7.2% CAGR from 2023 to 2033: Industry Insights and Trends
Between 2023 and 2033, the functional films market is projected to grow at a consistent CAGR of 7.2%. By 2033, the market is projected to reach a market share of US$ 54.29 billion, up from its estimated value of US$ 27.09 billion in 2023. Functional films are thin, specialized coatings or layers that are applied …
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, …
India’s Power Tool Market Projections: Anticipated 8.9% CAGR Growth from 2022 to 2032, Expected to Reach US$ 13,306.41 Million
The India Power Tool Market has witnessed remarkable popularity due to its multifaceted utility, sheer practicality, and remarkable effectiveness across diverse industries. Its ability to significantly reduce both time and effort expended in various tasks has made it a standout choice. Moreover, the inherent portability of power tools further enhances their appeal, making them indispensable …
Global Elevator and Escalator Market Projected to Achieve a Remarkable CAGR of 5.3%, Reaching US$ 232,656.1 Million by 2032
The Elevator and Escalator Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Elevator and Escalator market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Elevator and Escalator. It furnishes intricate revenue …
Key Industries Drive Laser Welding Equipment Market Growth at a 4.8% CAGR through 2032, Fueled by High Demand
The market for Laser Welding Equipment Market is anticipated to increase by US$ 373 Million by 2025, with a CAGR of 4.8% from 2022 to 2032. As a result of advancements in laser technology, laser beams are now frequently used and referred to as “commonplace.” Many different kinds of materials can be joined using the laser welding …
Anticipated Growth: Cone Crusher Market Poised for a 5.7% CAGR, Projected to Exceed US$ 4,823.5 Million by 2032
The Cone Crusher Market is experiencing substantial growth, driven by expanding sectors such as mining, aggregate production, demolition, and construction in various countries. This upsurge is primarily fueled by significant government investments in critical infrastructure projects worldwide. Additionally, the market is poised to benefit from the growing emphasis on cost-effective housing initiatives. Cone crushers offer …