The global ethylene carbonate market is projected to expand at a 6.2% CAGR during the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis. Ethylene carbonate sometimes known as EC is an organic compound. At room temperature, it is a transparent crystalline solid and soluble in water and …
Monthly Archives: January 2024
Ship Repair and Maintenance Services Market: Projected to Expand at a 6.6% CAGR, Crossing US$ 50.3 Billion by 2033
The ship repair and maintenance services market is likely to strengthen its boundaries at a CAGR of 6.6% during the forecast period. The market is anticipated to cross a market share of US$ 50.3 billion by 2033 while it holds a revenue of US$ 26.5 billion in 2023. Key Points The Asia Pacific region tops …
Location Based Marketing Services Market Set for 18.1% CAGR, Aiming at a Projected US$ 299.3 Billion Market by 2032
The location based marketing services market is expected to reach US$ 299.3 Billion by 2032, expanding at a high CAGR of 18.1%. The industry is likely to yield a dollar opportunity worth US$ 252.3 Billion across the 2022-2032 forecast period. Increasing demand for mobile location-based services, the surge in demand for location-enabled mapping, tracking, and navigation solutions, and the proliferation …
Sodium Lactate Market Poised to Achieve US$ 390 Million by 2033, Driven by a Strong 8.9% CAGR
The sodium lactate market is predicted to be valued at US$ 165 million in 2023 and US$ 390 million by 2033. Over the projection period, sales in the sodium lactate market are expected to increase at a CAGR of 8.9%. As consumers increasingly seek clean label products, there is a growing opportunity for sodium lactate …
Safety Laser Scanner Market Accelerates, Envisions US$ 402.2 Million Valuation by 2027 with 6.2% CAGR
The safety laser scanner market is poised for significant growth in the coming years, with a projected (CAGR) of 6.2%. In 2021, the market was valued at US$ 280.2 million, and it is expected to surge to US$ 402.2 million by 2027 This remarkable expansion can be attributed to the increasing awareness of workplace safety and the adoption of advanced …
Defoamers Market Anticipated to Hit US$ 2,077.3 Million by 2033, with a Steady 4.1% CAGR Projection
The defoamers market is expected to reach a valuation of US$ 1,396.5 million in 2023 and is projected to grow to US$ 2,077.3 million by 2033. Over the projection period, sales in the defoamers market are expected to increase at a CAGR of 4.1%. A significant opportunity in the defoamers market lies in the increasing …
Marine Electronics Market Forecasted at 5.3% CAGR, Envisioning a US$ 7.5 Billion Seascape
The marine electronics market was valued at US$ 5.2 billion in 2022 and is expected to reach US$ 7.5 billion by 2029, growing at a CAGR of 5.3% throughout that time. Increased demand for ships and boats as a result of increased industrialization and globalization is driving the expansion of the marine electronics industry. The usage of marine electronics equipment has expanded as …
The Phospholipids Market is Charting a 13.5% Growth Journey to US$ 4.64 Billion by 2033, Tailored Formulations Reshaping Medicine, Food
The phospholipid market is expected to increase at a rate of 13.5% per year and reach US$ 4.64 billion by 2033. Customised formulations are revolutionising the medical field by employing genetic profiles to provide phospholipid solutions that are unique to each industry. The phospholipid market is projected to be valued US$ 1.55 billion by 2023 …
Industrial Energy Management System Market Poised for US$ 50.30 Billion Achievement, Forecasts 8.5% CAGR by 2028
The industrial energy management system market is poised for significant growth, with an estimated valuation of approximately US$ 30.75 billion in 2022. This anticipated surge can be attributed to the escalating industrialization witnessed in developing regions. Projections suggest that the market is set to exhibit a robust (CAGR) of 8.5% between 2022 and 2028. As a result, it is …
Exploring the Constant 7.3% CAGR Propelling the Pet Dietary Supplement Market to US$ 8.7 Billion by 2033, Fueled by Pet Humanization Trend
The pet dietary supplement market is estimated to expand at a constant CAGR of 7.3% over the projection period. The market is expected to generate sales of US$ 8.7 billion by 2033, with a share of US$ 4.3 billion in 2023. Pet owners are treating their animals more like equals and trying to provide them the healthiest …