Ferro vanadium uses have increased in many new applications, making it a crucial component in a variety of sectors, including construction, automotive, and aerospace. Global urbanization and infrastructural expansion have also increased the demand for steel, which has increased the need for ferro vanadium. It proclaims a consistent and strong demand for ferro vanadium products …
Monthly Archives: December 2023
Global Narcolepsy Treatment Industry Poised for US$6.67 Billion Valuation by 2028, Driven by a 5.7% CAGR | FMI
The Global Narcolepsy Treatment Industry From an expected US$ 4.77 billion in 2022, the market for narcolepsy treatment is projected to grow at a CAGR of 5.7% to reach US$ 6.67 billion by 2028. (2022-2028). In its recently released market intelligence overview, Future Market Insights (FMI) underlines the significant need for narcolepsy treatment in North America. …
Global Vein Finder Industry Surges with Impressive 10.9% CAGR, Aiming for US$ 86.8 Million by 2028 | FMI Analysis
The Global Vein Finder Industry exhibited a value of approximately US$ 46.7 million in 2022 and is poised to escalate to an estimated US$ 86.8 million by 2028. Over the forecast period, this market is projected to experience a robust growth rate at a CAGR of 10.9%. Innovative Vein Finder technology is making significant strides within …
Braille Cartons Packaging Market Set for a 6% CAGR, Projected to Reach US$ 631.24 Billion by 2032
The braille cartons packaging market is experiencing robust growth, poised for a remarkable 6% CAGR through 2032. In 2022, the market already boasted a substantial valuation of US$ 352.48 billion, and this figure is expected to surge to an impressive US$ 631.24 billion by 2032. This expansion is fueled by global governments’ initiatives to provide guidance to …
Global Ethylene Glycol Industry Projections: Anticipated Surge to Reach a Whopping US$ 29.77 billion by 2033 Fueled by Robust Polyester Fabric Applications
Demand is projected to be driven by the widespread use of polyester fabrics in garments, home furnishings, yarns, ropes, and other industrial services, including conveyor belts and insulating tapes. In 2023, the ethylene glycol industry is projected to be worth US$17.76 billion worldwide. The ethylene glycol industry is projected to grow at a CAGR of 5.3% from …
Protein Packaging Prowess: A Surge to US$36.81 Billion Projected by 2032 with a 4.5% CAGR from 2020 to 2028
The protein packaging market has witnessed substantial growth and is estimated to have reached a value of US$ 23.7 billion in 2022, with a projected compound annual growth rate (CAGR) of 4.5% from 2020 to 2028. By 2032, this market is expected to soar to US$ 36.81 billion. This industry exhibits moderate fragmentation, attributed in part to …
Global Cell Line Development Industry Poised for a US$10.6 Billion Boom by 2033, Fueled by a Steady 7.7% CAGR | FMI
The Global Cell Line Development Industry sales are expected to increase at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2033, reaching US$ 5.06 billion in 2023 and US$ 10.6 billion by 2033. In 2022, the market was projected to be valued at US$ 4.7 billion. The substantial growth of the Global …
Global Extremity Tissue Expanders Industry Poised to Reach US$ 1,842.6 Million, with a Striking 6.3% CAGR by 2028 | FMI Analysis
The increasing aging population and rise in plastic surgery are the major factors fueling the growth of the extremity tissue expanders market over the forecast period. According to the latest research by Future Market Insights Inc., the Global Extremity Tissue Expanders Industry is anticipated to account for US$ 1,842.6 Mn, in terms of value, by …
Chlorine Industry Set to Surge: Anticipated Worth of US$ 22,285.1 million by 2033 Fueled by Growing Global Demand for Clean Water and Expanding Chemical Industries
The chlorine industry presents several opportunities for growth and diversification. One such opportunity lies in the expanding demand for chlorine in developing economies, driven by urbanization and infrastructure development. Furthermore, the increasing focus on sustainable water treatment and disinfection solutions creates opportunities for chlorine alternatives, such as electrochlorination and UV disinfection technologies. Moreover, the development …
Rapid Expansion Projected: Cryogenic Pump Industry to Witness Substantial Growth Driven by Increasing Adoption of Cryogenic Applications across Diverse Industries
As projected by Future Market Insight, the global cryogenic pump market is poised to surge to US$ 2,092.2 million by 2033, exhibiting a CAGR of 6.8%. This growth marks a substantial leap from its estimated value of US$ 1,083.6 million in 2023. The growing adoption of cryogenic applications, such as cryosurgery, cryopreservation, and cryogenic cooling, across various …