The EPP foam industry is anticipated to expand gradually at a CAGR of 11.4% between 2023 and 2033. The market is expected to grow from its predicted US$ 1.87 billion value in 2023 to a share of US$ 5.52 billion by 2033. Expanded polypropylene (EPP) foam is expected to become widely used in the market, …
Monthly Archives: December 2023
Decorative Paints Industry Poised for Robust Growth: Envisages a 5.4% CAGR Between 2023 and 2033
The decorative paints industry size is projected to increase from US$ 63.34 billion in 2023 to US$ 108 billion in 2033, according to Future Market Insights. Throughout the projection period, a compound annual growth rate (CAGR) of 5.4% is anticipated for the market. People can choose from a large range of designs, styles, and textures …
Acrylic Fibre Industry Set for Remarkable Growth: Anticipated 4.2% CAGR, Valuation of US$ 8,006.7 Million by 2033
The global acrylic fibre industry demonstrated significant growth, reaching a valuation of US$ 5,306.1 million in 2022, and is anticipated to further surpass US$ 5,470.6 million in 2023. This upward trajectory is expected to persist, driven by increased utilization across diverse end-use verticals. Projections indicate a steady compound annual growth rate (CAGR) of 4.2% between …
Gum Rosin Market Projected to Witness a 4.7% CAGR Surge, Anticipated to Reach US$ 2,460.2 Million by 2033
From 2023 to 2033, the gum rosin market is anticipated to grow at a 4.7% average annual growth rate. The target market in this area is expected to grow from an anticipated US$ 1,554.2 million in 2023 to a valuation of US$ 2,460.2 million by 2033. Historically, the gum rosin market recorded a sluggish CAGR …
Global Load Break Switches Market Poised to Reach US$ 4.1 Billion with a Steady 5.4% CAGR by 2033 – Insights from Future Market Insights
The global load break switches market is anticipated at US$2.3 billion in 2022. Demand is likely to remain high for load break switches during the assessment period. This is due to the increased investment in the power distribution sector and garnering US$ 4.1 billion in 2033, recording a CAGR of 5.4% from 2023 to 2033. The market …
Desiccant Dehumidifiers Market Targets US$ 822.4 Million by 2033, Leading in Moisture Control
According to forecasts, the market for desiccant dehumidifiers will be worth US$ 573.4 million in 2023 and US$ 822.4 million in 2033. Sales in the desiccant dehumidifiers market are anticipated to grow at a CAGR of 3.7% during the projection period. Emerging markets in Asia Pacific, Latin America, and the Middle East are anticipated to present significant …
Solenoid Valve Market Aiming for US$ 6.9 Billion by 2033, Fueled by a Steady 4.5% CAGR – Insights by Future Market Insights
The solenoid valve market is forecast to expand at 4.5% CAGR over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 4.5 billion in 2023. Strict regulations in the food and beverage and medical industries, especially in developed countries, are propelling the demand for solenoid valves in …
Green Revolution: Molded Fiber Pulp Packaging Market in Europe Grows to $4.5 Billion by 2033
European firms are increasingly utilizing packaging solutions made from materials such as molded pulp, in response to the growing trend toward sustainability. The protective features which molded fiber pulp packaging provides to the electronics products, such as cushioning, void fill, and blocking & bracing, will increase sales of molded fiber pulp packaging in Europe during …
The Ring Rolling Products Market Poised to Surge to US$ 6,716.2 Billion by 2033
According to Future Market Insights (FMI), the global ring rolling products market value is estimated to reach US$ 4,146.7 million in 2023. Over the next ten years (2023 to 2033), global sales of ring-rolling products are anticipated to rise at 4.9% CAGR, taking the total market valuation to US$ 6,716.2 million by 2033. Growing demand for ring …
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Chilling Prosperity: The Ascendancy of the Cooling Tower Rental Market to US$ 2100 Million by 2033
The global adoption of the cooling tower rental market, in terms of value, reached US$ 284.6 Million by the end of the year 2022. The market demonstrated a 10.6% CAGR from 2018 to 2022 but is predicted to register a 7.7% CAGR between 2023 and 2033. The overall market is anticipated to flourish from US$ 996 million …