The global styrene butadiene rubber industry is anticipated to create an absolute dollar opportunity by exhibiting a healthy CAGR of 5.5% between 2022 and 2032. The market is expected to reach US$ 10,584.3 Million in 2022 and is anticipated to surpass US$ 18,079.6 Million by 2032. As per the historic analysis of FMI, styrene-butadiene rubber sales grew at …
Monthly Archives: March 2024
Global Saline Laxative Market is poised to achieve a valuation of US$ 15.17 billion by 2032 at a CAGR of 7%
As the healthcare landscape continues to evolve, the global saline laxative market emerges as a pivotal sector, witnessing robust growth and transformative trends. According to recent market analysis, the saline laxative market is estimated to secure a remarkable Compound Annual Growth Rate (CAGR) of 7% during the forecast period. Projections indicate that by 2032, the …
Global Aerospace Maintenance Chemical Market Set to Achieve Steady Growth with 3.4% CAGR by 2032
The global aerospace maintenance chemical market was worth US$ 7.2 Billion in the year 2020 and is expected to reach US$ 10.4 Billion by the year 2032 at a CAGR of 3.4% between 2022 and 2032. The aerospace maintenance chemical market is expected to witness a major overhaul in the upcoming period on the back …
Strong Growth Anticipated for Construction Chemicals Industry: CAGR of 6.7% Forecast by 2032
According to a recent industry analysis by Future Market Insights, the construction chemicals industry is expected to be worth US$ 54.85 billion in 2022. (FMI). Over the projection period, demand is expected to increase at a CAGR of 6.7%. Major players in the construction chemical industry are focusing on environmentally friendly and sustainable products for cool roof treatments, thermal …
Educational Tourism Market Trends Upwards: Projections Indicate 17.2% Yearly Expansion by 2031 | FMI
According to Future Market Insights (FMI) most recent estimate, the worldwide market for educational tourism is anticipated to grow at a rate of 16.5% YoY in 2021 and will have surpassed a valuation of about US$ 399.8 billion by the end of the year. Various countries across the world are promoting educational tourism as a part of their strategy to boost …
Poly(butylene Succinate) Market to Boom: Eco-Friendly Material Expected to Reach US$ 361 Million by 2033
The global poly(butylene succinate) market value is expected to increase from US$ 115,306.8 thousand in 2023 to US$ 361,225.6 thousand by 2033. Global poly(butylene succinate) sales are anticipated to thrive at 12.1% CAGR during the assessment period. Several factors are anticipated to drive global poly(butylene succinate) market growth. These include a rising preference for eco-friendly …
Destoner Machine Market Growing at US$ 966.8 Million Valuation by 2033
The global destoner machine market is poised to experience a steady growth trajectory, with a projected CAGR of 5.5% from 2023 to 2033. By the end of 2033, the market is anticipated to reach a valuation of US$ 966.8 million, up from US$ 566 million in 2023. The expanding agriculture industry is driving the demand …
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Global Advanced Therapeutics Pharmaceutical Outsourcing Market skyrocketing to US$ 11,698.1 Million by 2034, driven by the burgeoning demand for personalized medicine
Future Market Insights (FMI)’ latest industry analysis shows that the global advanced therapeutics pharmaceutical outsourcing market is projected to increase from US$ 7,592.8 million in 2024. The market is projected to reach US$ 11,698.1 million, surging at a CAGR of 4.4% by 2034. Advanced therapeutics encompass a range of cutting-edge and innovative treatments, including gene therapies, cell therapies, …
Capitalize on Green Energy Revolution: Wind Power Coatings Market Set for Explosive Growth
In 2023, the global market for wind power coatings is projected to be worth US$ 1.46 billion. The global demand for wind power coatings is expected to grow at a compound annual growth rate (CAGR) of 10.8% between 2023 and 2033, reaching approximately US$ 4.08 billion. This can be attributed to the growing energy demands …
Smart Air Purifiers Market Set to Reach US$ 24.8 Billion at a 10.1% CAGR by 2033: Exploring Innovations and Growth Trends in Indoor Air Quality Solutions
In 2023, the smart air purifiers market size is anticipated to be worth US$ 9.5 billion. By 2033, the market is expected to reach US$ 24.8 billion at a compound annual growth rate (CAGR) of 10.1%. The smart air purifiers industry is witnessing a significant uptick in demand, propelled by various pivotal factors. Heightened awareness …