The global polyvinyl chloride (PVC) market is expected to maintain a steady Compound Annual Growth Rate (CAGR) of 4.2% from 2019 to 2029. The construction industry will continue to be a prominent end-use segment, while the pharmaceutical sector is anticipated to see a growing adoption of PVC for manufacturing medical devices. Recognizing the environmental concerns associated with …
Monthly Archives: November 2023
Antimicrobial Car Care Products Market to Surge at a Strong 7.3% CAGR from 2022 to 2030 Amidst Heightened Vehicle Hygiene Focus
The antimicrobial automobile care products market is expected to increase as a result of the increasing use of antimicrobial and antiviral cleaning solutions as well as the incorporation of cutting-edge technologies. According to a recent Future Market Insights (FMI) report, the global market for antimicrobial auto care is expected to grow at a strong compound …
Artificial Intelligence (AI) in Automotive Market Poised for Remarkable 55% CAGR from 2023 to 2033, Projected to Surpass US$ 744.39 Billion
The Artificial Intelligence (AI) in automotive market is anticipated to record a robust CAGR of 55% between 2023 and 2033. The market is anticipated to cross a market share of US$ 9.3 billion in 2023, while it is expected to be valued at US$ 744.39 billion by 2033. Advanced vehicles with self-driving and fully autonomous …
Global Ultrafiltration Membranes Market Poised to Reach US$ 10.7 Billion by 2033, Fueled by Water Scarcity Concerns and Expanding Industrial Usage
By 2033, the ultrafiltration membranes market is expected to reach a value of US$ 10.7 billion globally. It is predicted to have a consistent compound annual growth rate of 8.0% from 2023 to 2033. In 2023, it’s probably going to be worth US$ 5.0 billion. Between 2018 and 2022, the global ultrafiltration membranes market experienced …
Used EV Market Demand Projected to grow at 8.4% CAGR, Reaching US$ 40,078.9 Million by 2033
The global Used EV Market Demand is estimated to be worth approximately US$ 17,890.5 million in the current year, with a projected compound annual growth rate (CAGR) of 8.4% over the forecast period. According to the latest analysis of the global used EV market, it is expected that the market’s total value will reach US$ …
Europe’s Aluminum Oxide Market Set to Surge at 5.2% CAGR Driven by Escalating Demand in Ceramics Sector
According to Future Market Insights (FMI), Europe sales of aluminum oxide are likely to reach a valuation of US$ 2,686.1 million in 2023. Between the forecast period 2023 to 2033, aluminum oxide sales in Europe are set to rise at 5.2% CAGR. Total market valuation in Europe will reach around US$ 4,443.8 million by 2033. …
Diagnostic Tools for EVs Market Set to Soar to US$ 5,401.6 Million by 2033, Driven by a Robust 12.8% CAGR
The global diagnostic tools for EVs market is expected to rise at a sturdy growth rate of 12.8% during the forecast years as per a report by FMI. The overall market valuation of total sales of diagnostic tools for EVs in 2022 was US$ 1,437 million which is further projected to reach US$ 5,401.6 million …
FMI Forecasts Hydrogen Trucks Market to Reach US$ 119.18 Billion by 2033, Propelled by a Robust 41% Annual Growth
According to FMI reports, the global hydrogen trucks market is expected to grow by nearly US$ 3.84 Billion by 2023. This is with a substantial and impressive CAGR of 41% expected over the forecast period, which is projected to reach over US$ 119.18 Billion by the year 2033. Each of these factors is expected to …
Anticipated Potato Soup Market Valuation of US$ 1.7 Billion Projected by 2032, According to Future Market Insights Inc.
The Potato Soup market is experiencing significant growth as consumers seek out convenient and delicious meal options. This creamy and comforting soup is a popular choice among people of all ages, making it a versatile option for restaurants and food manufacturers. The market is witnessing a surge in demand for healthier variations, incorporating organic and plant-based ingredients. …
Ferro Aluminium Industry Accelerates Amidst Surging Automobile Demand and Robust Hard Tools Market Growth
The ferro aluminum market is a crucial segment within the broader metals and alloys industry, playing a vital role in various applications across diverse sectors. Ferro aluminum, also known as ferroaluminum or FeAl, is an alloy composed of iron and aluminum, with aluminum content typically ranging from 30% to 70%. This alloy exhibits several desirable properties that …