Argon gas, a colorless, odorless, and inert gas, has witnessed a significant surge in demand, primarily driven by the booming electronics industry. As of 2022, the global market for argon gas stands at US$ 220.0 million, with estimations projecting a substantial growth to US$ 372.2 million by 2032, exhibiting a compound annual growth rate (CAGR) …
Monthly Archives: January 2024
Global N-Methyl Pyrrolidone Market to Achieve US$ 1,536.4 Million by 2033, Propelled by a 4.6% CAGR
The global N-methyl pyrrolidone (NMP) market is poised for substantial growth, with a forecasted 4.6% Compound Annual Growth Rate (CAGR) from 2023 to 2033, according to FMI’s analysis. Anticipated to surge from US$ 979.9 million in 2023 to US$ 1,536.4 million by 2033, this expansion is primarily attributed to the booming petrochemical industry and the …
Global PD1 Non-Small Cell Lung Cancer Treatment Industry is anticipated to witness an impressive CAGR of 8.51%, reaching a staggering US$ 61 Billion by 2033
According to a recent study published by Future Market Insights, the global PD1 non-small cell lung cancer treatment industry size is slated to reach a valuation of US$ 26.96 Billion in 2023, and will further increase to US$ 61 Billion, registering a CAGR of 8.51% from 2023 to 2033. Rising prevalence of non-small cell lung …
Conductive Inks Market Forecast to Surge at 4.32% CAGR Through 2032: FMI Study
The conductive inks market, valued at US$ 3.14 billion in 2022, is poised for substantial growth, projecting a significant increase to US$ 4.79 billion by 2032. With an anticipated growth rate of 4.32% over the forecast period, the market demonstrates a robust trajectory. This expansion is driven by the increasing demand for conductive inks across …
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Global Drug Discovery Informatics Industry, guided by the data-centric evolution reshaping drug discovery, is projected to pursue a US$ 12.5 Billion by 2033 | FMI
According to a recently published analytical report by Future Market Insights, the global drug discovery informatics industry demand is expected to generate US$ 2.9 billion in sales by 2022. The market is predicted to reach a valuation of US$ 12.5 billion by 2033 with a CAGR of 14.4% from 2023 to 2033. With a CAGR …
Sodium Molybdate Market Poised for Robust Expansion: Anticipated CAGR of 7% Projects Valuation to US$ 5.15 Billion by 2032
The global sodium molybdate market is poised for significant growth, with an anticipated worth of US$ 2.62 billion in 2022, and a projected compound annual growth rate (CAGR) of 7% during the period from 2022 to 2032. By 2032, the market is expected to reach a valuation of US$ 5.15 billion. This substantial growth is …
Global Prinzmetal Angina Therapeutics Industry is poised to achieve a staggering US$ 17.2 Billion by 2033 as per the FMI Report
The global prinzmetal angina therapeutics industry demand is expected to surpass an impressive valuation of US$ 10.7 Billion in 2023 and is projected to reach US$ 17.2 Billion by 2033, trailing a CAGR of 4.85%. The development of biosimilars and biobetters, growth in diabetic and hypertension population due to unhealthy lifestyle and rise in consumption of …
Subscription & Billing Management Market Surges at 13.4% CAGR, Aiming for US$ 18,263 Million
The subscription & billing management market is expected to develop at a 13.4% CAGR between 2023 and 2033. This significant rise in CAGR over the 11.9% reported between 2018 and 2022 highlights the growing need for sophisticated subscription management systems. The large increase in market value from US$ 5,283.6 million in 2023 to US$ 18,263 million in 2033 demonstrates the increased …
Global Heat-Resistant Glass Market Set to Reach US$ 7.5 Billion by 2032 with a Steady 4.3% CAGR
According to the market analysis report recently published by FMI, the current global revenue from heat resistant glass sales is estimated to be approximately US$ 4.8 billion. The forecast for the year 2032 indicates a substantial growth, with the global net worth of heat resistant glass expected to reach US$ 7.5 billion. This growth is …
Smart Home Automation Market Eyes 8.84% CAGR, US$ 168 billion by 2032
The smart home automation market is anticipated to expand from US$ 72 billion in 2022 to US$ 168 billion in 2032, with a CAGR of 8.84% during those two years. The Internet of Things (IoT) is becoming more widely used, and as a result, machine-to-machine communication has advanced, encouraging customers to use smart home automation technologies. The need for smart devices …
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