The global amino acids industry is poised for remarkable growth, with a projected valuation of US$ 27.5 billion in 2023 and an anticipated expansion to US$ 63.4 billion by 2033, showcasing an impressive CAGR of 8.7% during the forecast period. This growth is primarily attributed to the increasing consumer purchasing power and a growing awareness …
Monthly Archives: October 2023
Metal Bellows Market is Expected to Reach at a US$ 3,550 Million by 2032 | FMI
In 2022, the global metal bellows market is anticipated to be worth US$ 1,968 million. Furthermore, as more industries adopt metal bellows, the overall demand for metal bellows is expected to expand at a 6% CAGR from 2022 to 2032, completing a market worth US$ 3,550 million by 2032. Metal bellows provide a variety of benefits over non-metallic bellows. As a result, the …
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Pet Hotels Market is Anticipated to be Appraised at US$ 9,679.1 Million by 2032 | FMI
The global pet hotels market is estimated to develop at an 8.4% CAGR during the forecast period, owing to rising demand. It is expected to be worth US$9,679.1 million by 2032, up from US$4,320.6 million in 2022, the target market is fueled by shifting and prevailing trends for premium pet services. The growing awareness of veterinary health further aids the growth of the …
Tinted Glass Industry Expected to Achieve a 6.6% CAGR, Surpassing US$ 41.26 Billion by 2033
The tinted glass industry is poised for consistent growth, with a projected Compound Annual Growth Rate (CAGR) of 6.6% from 2023 to 2033. Starting at a value of US$ 21.77 billion in 2023, the market is expected to reach a substantial market share of US$ 41.26 billion by 2033. This anticipated expansion underscores the increasing …
Ethylene Copolymers Industry Set for Consistent Growth with a 4.2% CAGR from 2023 to 2033
The global ethylene copolymers industry is expected to experience accelerated growth in the coming decade, with a projected constant Compound Annual Growth Rate (CAGR) of 4.2% from 2023 to 2033. This surge in growth is anticipated to drive the market’s value from US$ 59.4 billion in 2023 to a substantial US$ 89.6 billion by 2033. …
India Injection Molding Machine Market Set to Soar, Aiming for US$ 1,537.4 Million by 2033
The India injection molding machine market is poised for significant expansion, with an anticipated increase in market value from US$ 707.3 million in 2023 to US$ 1,537.4 million by 2033. In the previous year, 2022, the India injection molding machines industry was valued at US$ 655.1 million and is projected to witness a substantial Year-on-Year (Y-o-Y) growth …
Zinc Carbonate Industry Anticipates Strong Growth with a Projected CAGR of 3.8%, Reaching US$ 305.5 Million by 2032
According to a recent market analysis by Future Market Insights (FMI), the global zinc carbonate industry is poised for significant growth, with a projected compound annual growth rate (CAGR) of 3.8% between 2022 and 2032. Zinc carbonate, also known as ZnCO3, smithsonite, calamine, or zinc spar, is an inorganic compound characterized by its white crystalline …
Food Bags Market Rising to 6.8% CAGR and Industry Size Projected at US$ 1,594.3 Million by 2033: In Depth Industry Analysis
The global food bags market is on a path of substantial growth, with an anticipated increase in market size from US$ 824.0 million in 2023 to US$ 1,594.3 million by 2033. In the preceding year, 2022, the global food bags industry amassed a total valuation of US$ 770.4 million, and 2023 is projected to witness a notable …
Polypropylene Yarn Industry Poised for Remarkable 5.6% CAGR Growth, Expected to Surpass US$ 23.85 Billion Valuation by 2029
The global polypropylene yarn industry, valued at US$ 16.32 Billion in 2022, is expected to maintain a steady growth trajectory with a projected CAGR of 5.6% from 2022 to 2029. This synthetic polymer material, derived from propylene monomers, has gained widespread popularity across industries for its versatile and exceptional properties. Polypropylene yarn, a thermoplastic polymer, …
Illuminating the Future: Expecting Substantial Revenue Surges in the Inspection Lighting Fixture Market by 2033
The market for rescue hoist systems is anticipated to expand at a compound annual growth rate (CAGR) of 3.8% between 2023 and 2033. By 2033, the market is expected to have a market share of US$ 845 million, and by 2023, its estimated value will be US$ 581.9 million. Given that frequent natural catastrophes that …