During the projected period from 2022 to 2032, the worldwide wood coatings market is anticipated to grow at a robust compound annual growth rate (CAGR) of 5.9%. Due to increased maintenance costs for decks, fences, flooring, and siding, the rise of the housing sector is linked to the expansion of the wood coatings market. Furthermore, …
Monthly Archives: December 2023
Superconducting Magnets Market Explores Unprecedented Growth Beyond 2023 via Extensive Research
In 2023, it is anticipated that the superconducting magnets market would be valued at US$ 3.3 billion. By 2033, the market is projected to reach US$ 4.3 billion with a CAGR of 2.6%. The market for superconducting magnets has experienced rapid growth as a result of the increased use of these magnets in MRI scanners, particle …
Pallet Stretch Wrapping Machines Market Soaring: Projections Point to a Reach of US$ 509.9 Million by 2027 | FMI
Projected to grow at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2027, the global pallet stretch wrapping machines market is estimated to increase its value from US$ 412.5 Million in 2022 to US$ 509.9 Million by 2027. The overview of the pallet stretch wrapping machines market indicates a projected year-on-year (YoY) growth of …
Plastic Market Projections: Surging to US$ 1050 Billion by 2033 with a 4% CAGR Fueled by Packaging Industry Demand
The global plastic market is anticipated to grow at a compound annual growth rate (CAGR) of 4% during the forecast period, reaching a valuation of US$ 712 billion in 2023 and US$ 1050 billion by 2033. Plastic is in high demand in a variety of industries, including consumer products, automotive, food & beverage, and electrical …
Expected Organic Oats Market Boom: Projected Valuation of US$ 520.5 Million by 2033, as Forecasted by Future Market Insights, Inc.
The organic oats market is predicted to double in value from US$ 281.0 million in 2023 to US$ 520.5 million by 2033, with a 6.4% CAGR. As more people demand healthy food products, there is a great growth opportunity in the market. But there are many challenges in organic oats market as organic oats are typically more …
Migratory Birds Tourism Market Surges to US$ 35 Billion with a 7% CAGR Forecast by 2032 | FMI
The migratory birds tourism market is poised to reach a valuation of US$ 12 Billion in 2022. Sales are projected to increase at a 7% CAGR, with the market size reaching US$ 35 Billion by 2032. The migration of birds mainly takes place during the harsh winters which are extremely difficult for most of the living beings to survive. These migratory flights usually start …
Anticipated Banana Puree Market Growth to Attain US$ 919 Million by 2033, as Projected by Future Market Insights, Inc.
The banana puree market is poised for robust growth and a significant rise, with an anticipated higher CAGR of 9.2% from 2023 to 2033. This is notably higher than the CAGR of 5.3% observed between 2018 and 2022. As a result, the market value is projected to reach an impressive US$ 919 million by 2033, compared to …
Dental Sutures Industry Weaves a Tapestry, Eyeing a Nearly US$892.9 Million Surge by 2032-FMI Projection
The dental sutures industry growth stands as a vital thread in the fabric of dental care, specializing in the seamless closure of oral wounds. With a focus on precision and biocompatibility, dental sutures play a pivotal role in promoting effective healing following oral surgeries and procedures. Innovations in materials and techniques within the industry contribute …
Turmeric Market Expected to Attain US$ 7,579.2 Million by 2033, According to Future Market Insights, Inc.
According to Future Market Insights’ latest report, the global turmeric market is forecast to expand from US$ 4,419.3 million in 2023 to US$ 7,579.2 million by 2033. Overall turmeric sales are poised to rise at 5.5% CAGR from 2023 to 2033. Rising applications of turmeric across several industries, especially food & beverage and pharmaceutical is expected to drive the global market forward during the …
Anticipated Organic Cheese Market Growth to Reach US$ 16.2 Billion by 2032, as Projected by Future Market Insights Inc.
As per the findings from Future Market Insights, the anticipated growth rate for the worldwide organic cheese market is 7.2% over the forecasted period. Consequently, the market’s value is predicted to surge from US$ 8.1 billion in 2022 to US$ 16.2 billion by the year 2032. As per the analysis of FMI, the main factors boosting the …