As per FMI, the Latin America hydraulic filtration market is projected to grow from US$ 156.4 Mn in 2022 to US$ 251.9 Mn by 2032, with overall sales exhibiting a CAGR of 4.9% throughout the forecast period. The market for hydraulic filtration across Latin America is being propelled by the increasing applications of hydraulic systems …
Monthly Archives: March 2024
Car Cover Market: Expected to Expand to US$ 1,103.7 Million by 2034, Demonstrating Modest Growth with a CAGR of 2.6% Throughout the Forecast Period
The car cover market is projected to exhibit modest growth over the forecast period, with a compound annual growth rate (CAGR) of 2.6%. The market value of car covers is anticipated to increase from US$ 853.8 million in 2024 to US$ 1,103.7 million by 2034. The global market for car covers is expected to expand …
Strong Growth on the Horizon: Ready-Mix Concrete Market Expected to Reach US$ 1488.74 Billion by 2033
The global ready-mix concrete market is expected to accumulate over US$ 696.2 billion in 2023 and is projected to reach US$ 1488.74 billion by 2033, trailing a CAGR of 7.9% during the forecast period. The growing need for rapid construction across residential, commercial, industrial, and infrastructure sectors is projected to fuel the ready-mix concrete (RMC) …
Global Assisted Walking Devices Market Projected to Reach US$ 6.33 Billion by 2032
The global market for assisted walking devices is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 6.4% over the forecast period. According to the latest report from FMI, the market, valued at US$ 3.62 billion in 2022, is anticipated to surge to US$ 6.33 billion by the year 2032. The …
Baby Food Dispensing Spoon Market: Anticipated to Reach US$ 129 Billion by 2032, Witnessing Strong Growth in Demand for Convenient Feeding Solutions
The baby food dispensing spoon market is projected to experience a robust CAGR of 6% throughout the forecast period. With a current valuation of US$ 68 billion in 2022, the market is poised to achieve US$ 129 billion by 2032. The rising adoption of baby food dispensing spoons enables mess-free feeding and reduces feeding time …
Sodium Nitrite Market to Top US$ 612.9 Million by 2032: Meat Curing, Organic Farming Drive Growth
The global sodium nitrite market is anticipated to reach a valuation of US$ 612.9 Million by the end of 2032, exhibiting an average CAGR of 4.3% for the forecast period of 2022 to 2032. The sodium nitrite market is expected to reach an estimated US$ 401.76 Million in 2022. The accelerated rise in demand for …
Thriving Construction Industry: Concrete Admixtures Market to Reach US$ 27.4 Billion by 2032
In 2022, it is anticipated that the global market for concrete admixture will be worth US$ 15.1 billion. By 2032, the market will have grown at a stable CAGR of 6.1%, reaching US$ 27.4 billion. The concrete admixture market is expected to grow as a result of a noticeable increase in the usage of concrete …
Global Keyhole Orthopaedic Surgery Market Set to Skyrocket, Surpassing US$ 8 Billion by 2032
The global keyhole orthopaedic surgery market is on a trajectory to achieve remarkable growth, poised to generate an incremental opportunity exceeding US$ 8 billion by the conclusion of 2032. According to recent market analysis, the demand for keyhole orthopaedic surgery is anticipated to soar, surpassing US$ 5.5 billion by 2022 and continuing to surge at …
A Look Ahead: Phenoxycycloposphazene Market Projected to Reach US$ 245.88 Million by 2033 with a CAGR of 5.2%
By 2023, the global phenoxycyclophosphazene market is anticipated to be worth US$ 147.68 million, and by 2033, it is anticipated to be worth US$ 245.88 million, growing at a CAGR of 5.2%. There are now more building and remodeling projects than ever before due to the fast urbanization and development of the world’s population. The increase in …
Phenolic Boards Market to Boom: US$ 5 Billion by 2032, Driven by Chemical & Material Industries
Demand for phenolic boards is expected to reach US$ 3.5 billion in 2022 and is projected to increase at a CAGR of 3.63% to reach US$ 5.0 billion by 2032. The widespread use of phenolic boards in the chemicals and materials industry is responsible for the market’s expansion. Phenolic panels/compact phenolic panels (better known as …