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The winter wear industry is predicted to be worth US$ 330 billion in 2023, rising to US$ 490 billion by 2033. During the projection period, the adoption of winter gear is expected to grow at a CAGR of 4%. The increasing demand for sustainable and eco-friendly winter wear is an emerging trend in the market. …
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The global biodegradable food packaging market size is poised for substantial growth, with an estimated market value of US$ 216.35 billion expected in 2023. Looking ahead, this market is anticipated to exhibit a commendable CAGR of 5.08% during the forecast period from 2023 to 2033, reaching a significant valuation of US$ 355 billion. During the …
The global oil & gas pipeline coatings market is poised for significant growth from 2022 to 2029, with revenues projected to reach US$ 6,958.0 million by the end of this period. This expansion is driven by a combination of factors, including the increasing offshore exploration and production activities, stabilization of crude oil prices, a surge …
The strapping equipment market witnessed robust growth in 2021, reaching a valuation of US$ 1.6 billion with a year-on-year growth of 4%. Projections indicate a steady rise in sales at a CAGR of 4.6%, aiming to surpass US$ 2.7 billion by 2032. Indian Exports Driving Demand: Data published by the Directorate General of Foreign Trade …
The global hernia mesh devices market was estimated by Future Market Insights (FMI) to be worth US$ 4.5 billion in 2021 and is projected to grow to US$ 6.5 billion by 2032. The report’s conclusions indicate that 80 percent of all hernias will still be inguinal hernias. Ten times more common in men than in …
Brewery Equipment market analysis by Future Market Insights shows that global sales of brewery equipment experienced a year-on-year (YOY) growth of 4.8% in 2021 to total sales of USD 18.5 Bn. The global brewery equipment market will surge at a rate of 5.2% in the forecast period to surpass USD 30.7 Bn in revenue in 2032. Over the forecast period, the demand …
The carboxymethyl cellulose market stands as a testament to remarkable growth, having experienced an average annual increase of approximately 4.5% over the historical period from 2018 to 2022. In 2022, the total value of Carboxymethyl Cellulose sold globally surpassed an impressive US$ 1,835.10 million, solidifying its prominent position in the industry. Forecasts for the current year, …
The Stem Cell Therapies Market is anticipated to increase from US$ 187 million in 2021 to US$ 401 million by 2026, at a CAGR of 16.7%, by 2032. The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of …
According to Future Market Insights (FMI), the lithium and lithium ion battery electrolytes market is projected to experience robust growth in 2022, with a year-on-year increase of 11.7%, reaching a total value of approximately US$ 4,215.2 Million by the end of 2029. Furthermore, the global industry is expected to maintain a significant Compound Annual Growth …
The friction modifier additives market could expand at a CAGR of around 4.3% from 2023 to 2033 with the continued spike in demand for friction modifier additives. FMI also predicts that the global market would grow to a considerable valuation of US$ 2,464.7 million by 2033, up from US$ 1,617.8 million in 2023. These additives have …
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