New Product Development
The global market size for cooling fans reached approximately US$ 7.9 billion in 2022 and is expected to exceed a valuation of US$ 21.2 billion by 2032. Moreover, fueled by the rapid expansion of industries such as automotive and consumer electronics, overall cooling fan sales are projected to experience a remarkable Compound Annual Growth Rate …
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The global market for aluminum foam is expected to grow at a 4.5% compound annual growth rate (CAGR) from 2023 to 2033, reaching US$ 68.02 million. Aluminum foam is expected to gain popularity because of its low density, excellent crush strength, and resistance to corrosion. It is also lightweight. Furthermore, the capacity of aluminum to …
Continue reading “Aluminum Foam Market is Projected to Reach at a US$ 68.02 Million by 2033 | FMI”
The global gamma probe devices market is on track for remarkable growth, according to a new study by Future Market Insights (FMI). The market is expected to reach a valuation of US$ 86.9 million by the close of 2023 and surge at a compound annual growth rate (CAGR) of 9.8%, reaching an impressive US$ 244.3 …
According to forecasts, the sludge treatment chemicals market is expected to be US$ 9,561.7 million in 2023 and US$ 14,456.8 million by 2033. The need for sludge treatment chemicals is driven by increasing efforts by municipal corporations, industrial organizations, and environmental organizations toward water conservation operations. The market is also anticipated to be caused by …
The global micropump market is on track for a remarkable surge, with a projected market valuation of US 12.8 billion by 2033. This significant growth, driven by a compound annual growth rate (CAGR) of 18.4%, signifies the increasing adoption of micropumps across various industries. Micropumps: A Boon for Diverse Sectors Micropumps are making waves in …
The pearlescent pigment market is forecast to experience a growth of 4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 3,745.8 million in 2023. Manufacturers of automotive and industrial coatings are opting for pearlescent pigment for their aesthetic brilliance and exclusivity, thus …
By 2023, the flocculant and coagulant market is expected to be worth US$ 6,738.6 million worldwide. The sales of flocculant and coagulant are anticipated to increase at a compound annual growth rate (CAGR) of 5.5% to US$ 11,510.5 million during the projected period. The need for water resource treatment has increased as a result of …
The global polydimethylsiloxane market is anticipated to create lucrative growth opportunities over the assessment period from 2022 to 2032. The global market held a valuation of US$ 1,533.7 Million in 2022 and is expected to secure US$ 2,644.7 Million in 2032. The growth of the market is attributed to modern medical advances demanding sophisticated polydimethylsiloxane …
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The global hemophilia treatment market is on track for a promising future, with a projected Compound Annual Growth Rate (CAGR) of 4.8% from 2022 to 2032. This translates to a market value expected to surpass US$ 17.92 Billion by 2032, compared to approximately US$ 11.1 Billion in 2021. Several key factors are propelling this growth: …
The elastomeric membrane market had an estimated market size of US$ 45.9 billion in 2023 and is expected to reach a global market size of US$ 98 billion by 2034, increasing at a CAGR of 7.1% between 2024 and 2034. By 2024, the market for elastomeric membranes is likely to reach a valuation of US$ …