The security testing market is poised for substantial growth in the coming decade, with a projected (CAGR) of 11.5% from 2022 to 2032. This robust expansion is set to make the industry a significant player in the global market, as it is expected to reach a staggering valuation of US$ 27 billion. This impressive growth …
Monthly Archives: October 2023
Anticipating Growth: N-Methyl-2-Pyrrolidone (NMP) Industry Aims for US$ 2.1 Billion by 2033, Driven by a 6.2% CAGR
The global N-methyl-2-pyrrolidone (NMP) industry value for the present year 2023 was estimated at around US$ 1.1 billion. Furthermore, the net worth of the total sales is expected to reach nearly US$ 2.1 billion by 2033. This potential growth is expected to be achieved by the market by attaining a CAGR of 6.2% between 2023 and …
Automotive Refinish Coatings Industry Aiming for US$ 12.9 Billion by 2033 with a 5.1% CAGR
The global automotive refinish coatings industry is estimated to develop at a moderate 5.1% CAGR from 2023 to 2033. The target market will be worth US$ 12.9 billion by 2033, up from an anticipated US$ 7.7 billion in 2023. The automotive refinish coatings market is expanding in part because to the automobile industry, one of the …
Chitin Industry Set to Reach US$ 5,746.2 Million by 2033 with a Strong 12.3% CAGR
According to Future Market Insight, the global chitin industry is likely to reach US$ 5,746.2 million by 2033, with a CAGR of 12.3%.This is a significant increase from the estimated value of US$ 1,801.3 million in 2023. Chitin is a sought-after substance in a number of industries due to its adaptability and distinctive features. It is used in a …
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Revenue Assurance Market Anticipates Remarkable Growth with 8.5% CAGR, Set to Reach US$ 1479.9 Million by 2033
The revenue assurance market is poised for substantial growth over the next decade, with a projected (CAGR) of 8.5%. According to industry forecasts, from 2023 to 2033, this market is expected to surge in value, ultimately reaching an impressive valuation of US$ 1479.9 million by 2033. This remarkable growth can be attributed to the increasing …
Textile Auxiliaries Industry Aims for US$ 16,589.3 Million by 2032, Driven by a 5.2% CAGR
textile auxiliaries industry Scaling up from a value of US$ 9,491.1 Million in 2021 to an estimated US$ 9,992.4 Million in 2022, the global textile auxiliaries market is on a growth trajectory. By 2032, it is anticipated to be valued at US$ 16,589.3 million, with sales expected to increase steadily at a moderate CAGR of …
Reinsurance Market to Expand at 4.5% CAGR, Targeting US$ 474 Billion by 2032
The reinsurance market revenues were expected to be US$ 292.4 Billion in 2021 and are projected to increase at a CAGR of 4.5% from 2022 to 2032. The market is anticipated to reach a US$ 474 billion valuation by the end of 2032. Between 2022 and 2032, the market in Japan is expected to provide …
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Rich Communication Services (RCS) Messaging Market Set to Skyrocket with 16% CAGR, Projected to Reach US$ 8.5 Billion by 2032
The rich communication services (RCS) messaging market was estimated at US$ 1.4 Billion in 2021 and is anticipated to grow at a CAGR of 16% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 8.5 Billion. Large corporations …
Robust Growth Forecasted: Project Portfolio Management Market to Reach US$ 7.8 Billion by 2032
The global project portfolio management market had a value of US$ 4.4 billion in 2022 and is projected to grow at a CAGR of 5.2% from 2022 to 2032 to reach US$ 7.8 billion. The project portfolio management market is primarily driven by the urgent requirement to manage projects effectively and on schedule, and this situation is …
Case Packing Machines Industry Size Projected US$ 879.0 Million by Forecast 2033: FMI Study
Global Case Packing Machines Industry is anticipated to be worth US$ 652.0 million in 2023 and US$ 879.0 million by 2033. Over the projected period of 2023 to 2033, revenue is expected to increase at a CAGR of 3.0%. The ease and convenience of packaged foods have revolutionized the way people approach meal preparation. In today’s fast-paced world, where an ever-increasing number …