New Product Development
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In the current year 2023, the net worth of the global EV tire market is estimated to be around US$ 9,444.1 million. As per the market analysis report projections, EV tire sales are to grow at a CAGR of 26.6% during the next 10 years. This report also predicts that the total valuation of the …
The fire trucks market size is expected to expand at a CAGR of 3.7% in year 2023 to 2033. The overall market value is projected to reach US$ 8,549.6 million by 2033. The demand for fire trucks was around US$ 5,741.6 million in 2022. Germany emerged as a dominant player in Europe’s fire truck market, …
The global pyrolytic boron nitride industry is anticipated to thrive at a CAGR of 5.2% during the assessment period. Total sales revenue in the market is projected to increase from US$ 211.4 million in 2023 to US$ 350.2 million by 2033. Several factors are expected to drive the global pyrolytic boron nitride market forward. These include expanding end-use industries, increasing research & development activities, and …
According to the European Automobile Manufacturers’ Association, 79.1 million motor vehicles were produced across the globe in 2021 which was up by 1.3% as compared to 2020. Zero friction coatings can extend the time between component maintenance and replacement, especially for machine parts that are expensive to manufacture. The global zero friction coatings industry size …
Overall cellulose sales will soar at an impressive CAGR of 19.1% from 2023 to 2033. The global nanocellulose industry value is forecast to increase from US$ 474.8 million in 2023 to US$ 2,725.5 million by 2033. Rising demand for nanocellulose from packaging, biomedical, and electronics industries will drive the market. Similarly, increasing the usage of cellulose in the manufacturing of paper …
According to Future Market Insights (FMI), demand for potassium fluoborate is estimated to reach US$ 439.2 Million by the end of 2032. Growth in the market is driven by rising demand for abrasives from the metal processing & automotive industry. Abrasives find a major role in the automotive industry, as these are used for polishing, grinding, …
The global carboxy therapy industry size is projected to have a high-paced CAGR of 12.4% during the forecast period. The current valuation of the carboxy therapy market is US$ 95.81 Million in 2022. The value of the carboxy therapy market is anticipated to reach a high of US$ 308.37 Million by the year 2032. The key aspect …
According to Future Market Insights, the global acid chlorides industry is expected to grow from US$ 2,430.9 Million in 2022 to US$ 3,903 Million by 2032, with overall demand accelerating at 4.9% CAGR throughout the forecast period (2022 to 2032). The rising application of acid chlorides in pharmaceuticals, chemical reagents, plastic & pigments, organic peroxides, and …
As per the reports published by FMI, the global industrial insulation industry is projected to have an average-paced CAGR of 5% during the forecast period. The current valuation of the market is US$ 7.77 Billion in 2022. The market value of the industrial insulation market is anticipated to surpass a valuation of US$ 12.66 Billion by the …
