The net worth of the total value of graphite industry sold across all the countries in 2022 was nearly US$ 23,097.7 million. With a strong CAGR of 6.1% during the years from 2018 to 2022, the worldwide sales of graphite for industrial use have witnessed impressive growth. The realization of several new applications of graphite that emphasize …
Monthly Archives: April 2024
Food Aroma Market Aromas Ascend: Scaling Heights to US$ 1.6 Billion by 2033
The food aroma market is seeing rapid expansion, fueled by a rising desire from customers for distinctive and sensory-rich meals at restaurants. The Market expansion is projected as a result of developments in food technology and the growing global food service industries. Important drivers include rising disposable incomes, evolving consumer tastes, and a growing emphasis …
Continue reading “Food Aroma Market Aromas Ascend: Scaling Heights to US$ 1.6 Billion by 2033”
Boron Carbide Industry: Market Valuation Set to Reach US$ 256.8 Million by 2033, with a CAGR of 5.3%
The global boron carbide industry was valued at US$ 136.7 million in 2018. By 2033, it is projected that the market for boron carbide would reach US$ 256.8 million. From 2023 to2033, the boron carbide market is anticipated to grow at a compound annual growth rate of 5.3%. Its estimated value would rise to US$ 153.9 million …
Microcontroller Socket Market Outlook: Anticipated Growth to $2497.5 Million by 2032
The global microcontroller socket market is forecast to be valued at US$ 1236.3 million in 2022 and will exceed US$ 2497.5 million in 2032, at a CAGR of 7.3% during the forecast period (2022-2032). It is expected to grow. Socket manufacturers are constantly developing new designs to interconnect solutions for fine pitch, high I/O, and low profile …
Market Trends: Friction Modifier Additives Industry Expected to Reach US$ 2,464.7 Million by 2033, with a CAGR of 3.2%
The historical period from 2018 to 2022 saw moderate expansion in the sales of friction modifier additives industry globally, with a CAGR of about 3.2%. This growth resulted from friction modifier additives being used more often across various new end-use sectors and industries. Traditionally, friction modifier additives find extensive application in aviation lubricants, aiding in better engine …
NFC Reader ICs Market: Anticipating Exponential Growth with a Projected 14.5% CAGR, Surpassing US$ 50 Billion by 2032
The global NFC reader ICs market refers to the industry that manufactures and distributes ICs built specifically for NFC reader applications. NFC is a wireless communication technique that allows devices to connect by bringing them together in close proximity, often within a few millimeters. The global market for NFC reader ICs is predicted to exceed US$ 18 …
All Flash Array Market Surges, Eyes US$ 85,990 Million by 2032 with 15.4% CAGR
The global all flash array market is projected to reach US$ 20,545 million in 2022 and US$ 85,990 Million in 2032, increasing at a CAGR of 15.4% The all flash array market is known to provide advanced data management services that are beyond the scope of spinning media. They consume less power and produce less heat. Thus, they do not need …
Continue reading “All Flash Array Market Surges, Eyes US$ 85,990 Million by 2032 with 15.4% CAGR”
Market Trends: Acid-Proof Lining Industry Expected to Reach US$ 12,313.08 Million by 2033, with a CAGR of 6.2%
The acid proof lining industry is forecast to experience a growth of 6.2% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 6,747.17 million in 2023. The acid proof lining industry is burgeoning owing to surging demand from multiple end-use industries, wherein walls, floors, and …
Low- and No-Calorie Soda Market on the Rise: Anticipated Worth of US$ 26.67 Billion by 2033
The global low- and no-calorie soda market is predicted to register a CAGR of 2.2% over the forecast period, as per FMI’s analysis. The industry’s market size is anticipated to rise from US$ 21.46 billion in 2023 to US$ 26.67 billion by 2033. The emerging sugar reduction trend in soft drinks is supporting the sales of low- and no-calorie soda. …
Underwater Welding Consumable Market worth US$ 4,383.8 million by 2034
The Underwater Welding Consumable Market caters to a niche yet vital sector – underwater construction, repair, and maintenance. These specialized consumables, including electrodes, wires, and fluxes, enable divers to create strong and reliable welds beneath the waves. Let’s delve into the current state of this market, uncover exciting opportunities, and explore its promising future scope. …
Continue reading “Underwater Welding Consumable Market worth US$ 4,383.8 million by 2034”