The global stethoscope market is expected to grow and reach US$ 1056.0 million by the end of 2033, up from US$ 612.9 million in 2023. It is anticipated to grow at a CAGR of 5.6% between 2023 and 2033, creating an absolute monetary potential of US$ 38.4 million. The stethoscope industry is anticipated to grow …
Monthly Archives: October 2023
Global Medical Nitroglycerin Sprays Market to Grow at 3.9% CAGR, Driven by Rising Prevalence of Cardiovascular Diseases: FMI Research
As per the research conducted by FMI, the global medical nitroglycerin sprays market is expected to record a CAGR of 3.9% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 110.9 million. By 2033, the valuation is expected to reach US$ 163.5 million. The group of medications …
Instrument Cleaners & Detergents Market to reach US$ 3.2 Billion by the year 2033: to Benefit from Rising Demand for Healthcare and Food Safety | FMI
The instrument cleaners & detergents market plays a crucial role in ensuring the safety, efficiency, and longevity of various instruments used in industries such as healthcare, laboratory research, and manufacturing. This market segment encompasses a wide range of cleaning solutions designed to remove contaminants, residues, and impurities from instruments and equipment, maintaining their functionality and …
Biological and Chemical Indicators Market to Reach US$ 866.9 Million by 2033, FMI Forecasts
The Biological and Chemical Indicators Market is anticipated to increase at a CAGR of 5.9% from 2023 to 2033, reaching a value of US$ 490.3 million. The market is anticipated to reach US$ 866.9 million by 2033. The demand for biological and chemical markers is being driven by the increased focus on patient safety and …
Sulfuric Acid Growth: Projecting US$ 25,623.0 Million by 2032 with 3.4% CAGR
According to Future Market Insights’ research on the worldwide sulfuric acid market, demand for sulfuric acid is expected to increase at a moderate CAGR of 3.4% between 2022 and 2032, reaching a valuation of US$ 25,623.0 Million by the end of the forecast period (2032). Certain macroeconomic and industrial factors, such as the development of …
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Rain Boots Industry Makes a Splash with 4.3% CAGR, Reaching US$ 2.7 Billion by 2033 | FMI
The market for rain boots is projected to grow from US$ 1.8 billion in 2023 to US$ 2.7 billion in 2033, with a CAGR of 4.3% throughout that time. Waterproof footwear known as rain boots is frequently constructed of PVC, a halogenated polymer, or rubber. Rain boots are now required, especially for those living inland …
The Future of Coatings: Technical Coil Market to Reach US$ 13.0 Billion by 2027
The technical coil coatings market is anticipated to reach US$ 10.3 billion in sales by 2022. The market is estimated to reach US$ 13.0 billion by 2027, with a 4.9% CAGR. Technical coil coating is a continuous process in which a coating substance is applied to a metal strip. The technical coil coating process begins …
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Styrene Butadiene Rubber Market Forecast: US$18,079.6 Million by 2032, 5.5% CAGR
The global styrene butadiene rubber market is expected to grow at a 5.5% CAGR between 2022 and 2032, offering significant absolute dollar potential. The market is predicted to be worth more than US$ 18,079.6 million by 2032 and US$ 10,584.3 million by 2022. According to FMI’s historical data, styrene-butadiene rubber sales increased at a CAGR …
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Renewable Naphtha Market Projected to Reach US$ 1,698 million by 2033, Driven by Growing Demand for Low-Carbon Fuel
According to Future Market Insights, the renewable naphtha market will be worth US$ 466.58 million in 2023 and US$ 1698 million in 2033, with a CAGR of 13.7%. Increasing fuel blending practices in order to comply with new regulations concerning fuel composition will also increase demand for renewable naphtha. The use of renewable naphtha by refineries is …
Potassium Carbonate Market Thrives on Diverse Applications: Glass Industry, Foods, and More
The Potassium Carbonate Market is predicted to grow at a CAGR of 4.6% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 2.1 Billion in 2023 to US$ 3.2 Billion by 2033 end. The market for potassium carbonate is poised to witness a healthy growth rate on account of …