New Product Development
The power grid is the backbone of our modern world, but it’s not perfect. Voltage fluctuations, harmonics, and other power quality issues can disrupt operations, damage equipment, and lead to costly downtime. Here’s where the power quality equipment market steps in. This market provides the essential equipment to monitor, analyze, and correct these issues, ensuring …
Continue reading “Power Quality Equipment Market Surges to US$ 69.65 billion by 2033”
According to Future Market Insights, the decorative paints industry size is expected to grow from US$ 63.34 billion in 2023 to US$ 108 billion in 2033. It is expected that the market will grow at a CAGR of 5.4% during the forecast period. The decorative painting process provides a wide variety of designs, styles, and …
Continue reading “Projected Growth: Decorative Paints Industry Anticipates 5.4% CAGR by 2033”
The electrolyzer market will grow at a progressive rate of 32.21% over the course of the forecast period. FMI projects that the market will increase from US$ 9.79 billion in 2023 to US$ 159.74 billion by 2033. The rising development in advanced power solutions technologies and clean hydrogen methods increasing the electrolyzer market share during …
Continue reading “Electrolyzer Market Size Soars to US$ 42.4 billion by 2034”
The global polymeric membranes industry is expected to reach US$11,153.9 Million by 2033, up from 7,251.4 Million in 2023, representing a 4.4% CAGR throughout the forecast period. Notable demand for the Polymeric membrane from end-use industries such as Chemical, Food and Beverage, Industrial Processing, and Water treatment will create a huge demand surge for the …
The bitumen sprayer market plays a crucial role in the construction industry, ensuring the efficient application of bitumen (asphalt) emulsion on road surfaces. These specialized machines contribute significantly to road construction, maintenance, and repair projects. Let’s delve into the current scenario, growth factors propelling the market, and its future scope. Current Landscape: A Market on …
Continue reading “Bitumen Sprayer Market Analysis: Industry worth US$ 1,306.4 Million by 2032”
In 2023, the plastic-rubber composite industry is expected to be worth US$ 2,170.9 million. The market is expected to reach US$ 3,638.5 million by 2033, expanding at a 5.3 % CAGR throughout the forecast period. In comparison to single materials, these composites offer better performance characteristics. These composites can improve the overall performance, safety, and comfort …
In 2023, the nickel cobalt manganese industry is expected to be worth US$ 2.3 billion. The market is expected to reach US$ 10.0 billion by 2033, expanding at a 15.7% CAGR throughout the forecast period. The increasing sales and production of electric vehicles is a key driver for the NCM cathode materials market. NCM cathodes …
The United Kingdom casino tourism market is experiencing remarkable growth, poised to reach a staggering US$ 6,223 million in 2022, with forecasts revealing a robust 5.8% CAGR, culminating in a demand valuation of US$ 10,936 million by 2032. This blog delves into the dynamics shaping this flourishing industry, from its historical roots to the current landscape. Gambling has deep roots in the UK, …
Continue reading “Forecasting the Surge: United Kingdom Casino Tourism Market Outlook to 2032 | FMI”
In 2023, it is anticipated that the global nylon-6 and nylon-66 industry will be worth US$ 24,225.2 million. It is predicted that throughout the forecast period it would grow at a CAGR of 4.6%. By the end of 2033, the market will likely reach a peak valuation of US$37,868.1 million. In 2018, the combined market for …
The travel expenses processing market is currently expected to increase at a rate of 10% CAGR during the forecast years 2022 to 2032. The travel expenses are related to going on business trips to conferences and meetings. The main expenses are transportation, accommodation, fares, and fees required for admission for some events, and sometimes food is …