By 2033, the value of the worldwide automotive bioplastics industry is forecast to increase significantly, from US$ 761.06 million to US$ 2,103.28 million. Over the next ten years, the global market for automotive bioplastics is anticipated to rise at a CAGR of 10.7%, which will fuel this projected expansion. Industries like automotive and transport are …
Monthly Archives: October 2023
Global Synthetic Quartz Industry Projected to Reach US$ 149.4 Million Valuation by 2029
The global synthetic quartz industry is worth US$ 98.9 Million as of now and is expected to reach US$ 149.4 Million by the year 2032 at a CAGR of 6.1% between 2022 and 2029. With electronics vertical witnessing a splurge, the synthetic quartz market is expected to grow on an unstoppable note in the forecast …
Forecasted CAGR of 4.9% for the Automotive Appearance Chemicals Industry from 2023 to 2033
The global automotive appearance chemicals industry is projected to have a high-paced CAGR of 4.9% during the forecast period. The current automotive appearance chemicals market valuation is US$ 30.7 Billion in 2023. The value of the automotive appearance chemicals market is anticipated to reach a high of US$ 49.4 Billion by 2033. Increased ownership of …
Precipitated Silica Industry Poised for Remarkable Growth: Projections Show a US$ 7.6 Billion Milestone by 2032
With sales rising at a robust CAGR of 8.8% from 2022 to 2032, the global precipitated silica industry is anticipated to reach US$ 7.6 billion in value in 2032. The increase in demand for precipitated silica from a number of industry verticals, including the rubber, agrochemicals, and dental care industries, has a significant impact on …
Glass Cosmetic Bottle Market Growth: Industry Analysis by Share, Size, Trends, Demand, Opportunities and Future Development by 2032
The global Glass Cosmetic Bottle Market is poised for a moderate but steady growth with a projected CAGR of 4.4% during the forecast period. As of 2022, the market is valued at a substantial US$ 3.5 billion. Looking forward, the global combined heat and power plant market is set to soar to a significant high, …
Bicycle Components Aftermarket: Steady Growth Forecasted with a Projected US$ 28.3 Billion Market by 2033
The Bicycle Components Aftermarket in 2022 was US$ 14 Billion and is estimated to be US$ 14.62 Billion in 2023. According to FMI analysis, the bicycle components aftermarket is projected to expand at a CAGR of 6.9% between 2023 and 2033, totaling around US$ 28.3 Billion by 2033. The surge in demand for bicycle components …
Direct to Garment Printing Market Value Anticipated of US$ 1,820.1 Million by 2032: Growth, Trends, and Projections
With a notable compound annual growth rate (CAGR) of 8.3% expected between 2022 and 2032, the global direct-to-garment printing market is set to witness remarkable expansion, surging from a valuation of US$ 822.1 million in 2022 to an impressive US$ 1,820.1 million. The fast-paced urbanization and evolving consumer preferences are poised to stimulate innovative breakthroughs …
Event Management Software Market Soars with a Projected 14.3% CAGR, Set to Reach US$ 33,347.9 Million by 2033
The global event management software market is expected to grow rapidly at a rate of 14.3% per year throughout the forecast period. In 2023, the market is currently valued at US$ 8,736.6 million. It is projected that the market value for event management software will reach a peak of US$ 33,347.9 million by the year …
Liquid Packaging Board Market: Forecast to Reach US$ 13,021.0 Million by 2032
The global demand for Liquid Packaging Board Market is expected to reach a value of US$ 9,230.8 Million in 2022, with a projected growth rate of 3.5%, ultimately reaching US$ 13,021.0 Million by 2032. This significant growth is primarily attributed to the increasing focus on the development of nano-food packaging technologies. Recent trends in the …
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Automated Material Handling Systems Target US$ 81.8 Billion with an Expected 9.2% CAGR through 2033, According to Future Market Insights
The global market for automated material handling systems is anticipated to grow at a CAGR of 9.2% over the course of the forecast period, according to the most recent study by FMI. The market is anticipated to be worth US$ 34 billion in 2023. The value is expected to hit US$ 81.8 billion by 2033. The global …