The global bluetooth low energy market is projected to exceed US$ 9,523.0 million in 2023, with a predicted growth rate of 12.5% from 2023 to 2033, reaching an estimated US$ 31,015.5 million by 2033. In the period from 2018 to 2022, the market saw a consistent annual growth rate of 10.4%. The growth in this …
Monthly Archives: November 2023
Waste-Derived Pyrolysis Oil Market to Surge Towards a US$ 456.4 Million Valuation, Offering Sustainable Waste Reduction and Energy Solutions
Waste-derived pyrolysis oil contributes towards waste reduction, is an excellent fuel and energy source, and can be used to extract other petroleum products. As a result, the global waste-derived pyrolysis oil market size is projected to reach a value close to US$ 456.4 Million in a decade, expanding at a moderate compound annual growth rate during …
Global Mining Lubricants Sales on a Growth Trajectory, Expected to Surpass US$ 2,988.6 million by 2030, Forecasts FMI
Growing investments in Asia Pacific are likely to offset subdued growth in key markets, with the coal and iron ore mining sector driving demand. Future Market Insights, in its incisive study on the mining lubricants market, opines that the market is slated for 3.4% growth through the forecast period (2022-2030). FMI has projected the global …
2-Ethylhexyl Acetate: The Rising Star in the Paints and Coatings Industry, Fueled by Global Demand
High boiling point and good solvent power of 2-ethylhexyl acetate market size it a popular solvent in the formulation of paints and coatings. Through continuous exploration of its properties, 2-ethylhexyl acetate is finding application in spray coatings and dip-coating technologies. Thus, the rising demand for paints & coatings, globally, is anticipated to fuel the demand for 2-ethylhexyl …
Global Propanol Market Set for Steady Growth, Reaching US$ 3,878.6 Million in 2029, with East Asia as a Key Growth Hub for Pharma- and Electronic-Grade Isopropanol
Growing utilization of propanol as a direct solvent in paints and coatings, household & industrial cleaners, and others is expected to pave the way for its robust sales during the projected timeline. This is the main factor as to why the global propanol market is estimated at US$ 3,099.4 Million in 2022, and is projected to experience …
Soft Magnetic Composites (SMCs) Revolutionizing the Automotive Industry, Global Market Set to Surge to US$ 79,365.8 Million by 2029
The global soft magnetic composites market, which is primarily propelled by this, is anticipated to display a strong CAGR during the forecast period of 2022 to 2029, reaching a value of US$ 80 Billion in 2029. Due to their ferromagnetic qualities, soft magnetic composites (SMCs) are widely used in the automotive industry. A technology that …
Rising Demand for Energy Efficiency and Moisture Control Propels Vapour Barrier Market, Predicting US$ 18,268.8 million Valuation by 2033
The global market is expected to increase at a 4.8% CAGR during the forecast period. The vapour barrier market size is expected to reach a value of roughly US$ 18,268.8 million by 2033, according to Future Market Insights. The market is likely to be valued at around US$ 11,431.3 million in 2023. The market is …
Global Air Barrier Market Surges Past US$ 23,136.2 Million Mark as Spray Foam Overtakes Gypsum Board in Construction Industry
A recent research study of Future Market Insights (FMI) suggests that the overall growth of the market for air barriers will be moderate during the period of forecast, 2022 – 2029. Witnessing the industry’s much-anticipated shift from the traditionally preferred gypsum board to sustainably superior spray foam, the global air barrier market value will exceed …
Rising Demand for High-Performance Lubricants Fuels Viscosity Index Improvers Market, Aiming for US$ 4,699.3 Million by 2029
Future Market Insights (FMI) has forecasted the Viscosity Index Improvers market size to grow with a year-on-year growth of 2.5% in 2022 reaching a value of about US$ 3,836.5 Million by 2022 end. The global business is anticipated to witness a considerable CAGR of 2.9% during the period of 2022 and 2029. Increasing demand for high-performance lubricants with optimum viscosity has …
Navigating the Meat, Poultry, and Seafood Packaging Market: Trends, Technologies, and Sustainability Initiatives Shaping the Industry
As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Meat, Poultry and Seafood Packaging market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales of Meat, Poultry, …