The automotive glass market is anticipated to secure a valuation of US$ 3.85 billion in 2023 and is estimated to rise to US$ 5.70 billion by 2033. The market is securing a CAGR of 4% during the forecast period. Government-Imposed Stringent Safety Norms to boost the Automotive Glass Market The implementation of stringent safety norms by the …
Monthly Archives: March 2024
Potato Soup Market on Track for US$ 1.7 Billion by 2032 with 8.9% CAGR
The potato soup market is witnessing a surge in popularity, driven by its comforting appeal and versatility. Consumers are increasingly drawn to the hearty and nutritious nature of potato-based soups, which serve as both a satisfying meal option and a source of warmth during colder seasons. Additionally, the market is diversifying with the introduction of …
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Green Tire Market Set to Reach US$ 85.79 Billion by 2033, with Germany Leading the European Charge
The green tire market is forecasted to garner revenue of US$ 85.79 billion by 2033, up from US$ 33.68 billion in 2023, advancing at a rate of 9.8% from 2023 to 2033. Germany is expected to account for approximately 7.7% of the European market by 2033, owing to growing environmental concerns, favourable government support, rising …
Control Towers Market Surges, Estimated to Reach US$40 Billion by 2032 at 17.5% CAGR
A recent report by FMI predicted that between 2022 and 2032, the control tower market will expand at a compound annual growth rate (CAGR) of 17.5%. It is projected that the market will be valued at US$ 40 billion by the conclusion of the previously indicated evaluation period. The advantages of control towers are one …
Sustainable Construction Drives Demand: Gypsum-Free Plaster Market to Reach US$ 4 Billion by 2032
The global gypsum-free plaster market is predicted to grow at an average CAGR of 3.4% and reach a valuation of US$ 4 Billion during the forecast period of 2022-2032. Heightened environmental consciousness coupled with an increasingly aware global population and shifts in consumer preference is expanding the gypsum-free plaster market. One of the most commonly used plaster forms, gypsum-based plaster …
Manufacturers Offer to Enhance Packaging Solutions by Developing Thermoforming Machines for Packaging Sector | FMI
The global thermoforming machines market is estimated to secure a valuation of US$ 961.0 million in 2023 and US$ 1,463.9 million by 2033. The global market is anticipated to capture a CAGR of 4.3% during the forecast period. Which Sectors Are Fueling the Global Thermoforming Machines Market? Various sectors influence the global market. These sectors …
Rechargeable Zinc-Air Batteries: Driving Sustainable Growth in the Global Market with a Projected 5.7% CAGR by 2033
The Zinc-Air Batteries Market is poised for substantial growth, with an estimated Compound Annual Growth Rate (CAGR) of 5.7% over the forecast period from 2023 to 2033. The market size for zinc-air batteries is predicted to experience significant expansion, expected to increase from US$ 2.0 Billion in 2023 to reach US$ 3.5 Billion by 2033. …
Carmine Color Market Set for US$ 78.7 million Milestone by 2033 | Report by FMI
The Carmine Color Market refers to the industry dedicated to the production and distribution of carmine, a natural red pigment derived from the cochineal insect. This market encompasses various sectors such as food and beverage, cosmetics, pharmaceuticals, and textiles, where carmine is utilized as a coloring agent. With increasing consumer demand for natural and plant-based …
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The Future of Construction and Agriculture: Urea Formaldehyde Market Offers Lucrative Opportunities with US$ 41.6 Billion Market Expected by 2034
The urea formaldehyde market value is expected to rise from US$ 33,116.80 million in 2024 to US$ 41,572.36 million by 2034. The market is expected to expand at a CAGR of 1.80% over the next decade. The market prospects for urea formaldehyde manufacturers remain high in end-use industries like furniture and construction. These industries are …
Beyond Recreation: Rising Applications in Marine and Law Enforcement Drive Personal Watercraft Market
The global personal watercraft market is expected to grow at a positive CAGR of 6% and reach a substantial value by 2032. The target market was valued at US$ 1.6 Bn in 2020 and will likely continue to perform well during the forecast period. With the increasing application of personal watercraft in marine and water …