The global roofing materials industry recorded impressive revenues of US$ 115 billion in 2018, and this sector is poised for continued growth with a projected Compound Annual Growth Rate (CAGR) of 4% from 2019 to 2029. This expansion can be attributed to a surge in demand driven by the increasing adoption of retrofitting projects in …
Monthly Archives: October 2023
Cat & Dog Food Toppers Market is Projected to Reach US$ 18,611.7 Million by 2032 | FMI
The global cat & dog food toppers market is estimated to expand at a CAGR of over 8.7% throughout the forecast period of 2022-2032, and it is estimated to be valued at US$ 18,611.7 Million by the end of 2032. Pet owners routinely spend more on luxury merchandise and services for the well-being of their cats & dogs, which has increased …
Polysulfide Industry Set to Surge with a 3.5% CAGR during the Forecast of 2023 to 2033
The polysulfide industry is on a steady growth trajectory, with a predicted value of US$ 1200 million in 2023, set to rise to US$ 1700 million by 2033, reflecting a compound annual growth rate (CAGR) of 3.5%. This robust expansion underscores the sector’s resilience and its increasing importance in various applications over the projection period. …
GCC Shisha Tobacco Market is Projected to Surpass US$ 1,724.3 Million by 2032 | FMI
The GCC shisha tobacco industry is anticipated to be valued at US$ 949.4 million in 2022, with a 6.1% CAGR from 2022 to 2032. By 2032, market sales are expected to exceed US$ 1,724.3 million. According to the research, the main companies in the GCC shisha tobacco industry will account for 15% to 20% of the worldwide shisha tobacco market. With diseases becoming increasingly …
LED Tube Market is Projected to Reach US$ 18,062.8 Million by 2032 | FMI
The LED tube market is expected to reach a valuation of US$ 6,712.1 Million in 2022, with a CAGR of 10.4% from 2022 to 2032. The LED tube market accounts for 21% to 26% of the tube light market. Furthermore, the LED tube market is expected to reach US$18,062.8 million by 2032. Nowadays, most consumers frequently spend more time browsing products on online portals, which …
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Thermocompressors Poised for Robust Growth with Key Drivers, Restraints, and Regional Insights
A compressor is a machine or system within a machine that performs the function of squeezing gas or air to make it take up less space. One type of compressor is the thermocompressor. A thermocompressor is a pump-like device that leverages the Venturi effect caused by the device’s converging-diverging nozzle. The global thermocompressors market is poised for …
Private Security Market is Expected to Grow at a CAGR of 3.7% by 2032 | FMI
From 2022 to 2032, the private security industry is expected to expand at a compound annual growth rate (CAGR) of 3.7%. The value of the global private security industry is projected to reach US$ 80,000 million by 2022, from an estimated US$ 115,047.6 million by 2032. Over the last few years, it is seen that …
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Analyzing Potential Growth, Market Share, Demand, and Key Players in the Metal Stamping Market – Projections through 2032
Increasing usage of sheet metal across consumer electronics and automotive industry is expected to positively impact the growth of metal stamping market. Low raw material prices has been witnessed to compliment usage of light-weight corrosion resistive metal stamping for enhancing stability of electrical & electronic and consumer electronic products. Technologically advanced metal stamping has been witnessing …
Milk Protein Hydrolysate Market Anticipated to Reach USD 1.6 Billion by 2032, Demonstrating a 6.9% CAGR
The global Milk Protein Hydrolysate Market is experiencing substantial growth due to increasing awareness of the health benefits associated with it. Milk protein hydrolysate is a specialized form of milk protein, obtained through enzymatic hydrolysis, breaking down large protein molecules into smaller peptides. These peptides are easier to digest and offer a higher nutritional value, making them …
Analyzing the Latest Developments in the Milk Powder Market: Projected 4.5% CAGR by 2032 | Future Market Insights Inc.
The milk powder market is experiencing steady growth due to its versatility and convenience. The increasing demand for dairy-based products, coupled with the extended shelf life of milk powder, has led to a surge in its global consumption. The product finds extensive application in the food and beverage industry, especially in the preparation of baby formula, bakery …