The global laminating adhesives industry is projected to amass a revenue of US$ 6.2 billion by 2033, with sales growing at a restored and positive CAGR of 6.1% from 2023 to 2033. Historically, the target market recorded an average CAGR of 4.7 % from 2017 to 2022. The laminating adhesive market will likely reach an estimated US$ …
Monthly Archives: May 2024
Technological Advances in Phosphate-Based Batteries Propel Global Phosphates Industry Growth to $21.4 Billion by 2033
The global phosphates industry is anticipated to reach a valuation of US$ 16.8 billion in 2023, driven by increasing demand for specialty phosphates. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 2.4% between 2023 and 2033, and reaching a total valuation of approximately US$ 21.4 billion by 2033. …
Chipboard Boxes in Demand: Market Responds to Need for Enhancing the Shelf Life and safety of the Product
The global chipboard boxes market is experiencing significant growth due to several key factors. Firstly, the increasing consumer inclination towards biodegradable materials is playing a crucial role in driving the adoption of chipboard boxes. With growing environmental concerns and a shift towards sustainable packaging solutions, chipboard boxes are gaining prominence as they are typically made from waste …
Biophotonics Industry Set for Significant Growth, Fueled by Demand for Non-invasive Diagnostic Tools and Technological Advancements
As per the latest market research conducted by FMI, the global biophotonics industry is expected to record a CAGR of 11.3% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 54,320.0 million. By 2033, the valuation is anticipated to reach US$ 1,58,457.0 million. Increased product releases and approvals by …
Global Jumbo Bags Market Booming: Set to Reach US$ 9.9 Billion by 2033 at CAGR 4.2%
Jumbo Bags Market The global jumbo bags market is poised for substantial growth, with projections indicating a valuation of US$ 6.1 billion in 2023. Forecasted to expand at a Compound Annual Growth Rate (CAGR) of 4.2% from 2023 to 2033, jumbo bags sales are predicted to exceed US$ 9.9 billion by 2033. Market Drivers: The expanding building …
Rising Population and Industrial Activities Fuel Demand for Chlorine Disinfectants, Projected to Surge Over the Next Decade
The global chlorine disinfectant industry revenues are poised to reach US$ 4.2 Billion by the end of the forecast period, 2022 to 2030. Heightening concerns regarding the novel coronavirus (COVID-19) pandemic are triggering the need to maintain hygiene in healthcare and residential facilities. In line with this, global sales of chlorine disinfectants are set to soar …
Global PP Jumbo Bag Market Expected to Reach US$ 8.2 Billion by 2033 | FMI
PP Jumbo Bag Market The global PP jumbo bag market is witnessing significant growth, with estimations placing its valuation at US$ 5.5 billion in 2023. According to recent market analysis, the market is predicted to grow at a modest rate of 4.1% from 2023 to 2033, reaching US$ 8.2 billion by 2033. Key market highlights …
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Global HDPE Bottle Market Booming: Set to Reach US$74.7 Billion by 2033 | FMI
The global High-Density Polyethylene (HDPE) bottle market is on track for steady growth, with a projected valuation of US$74.7 billion by 2033. This expansion, fueled by a CAGR of 3.5%, reflects a growing focus on sustainability and the increasing adoption of e-commerce. Sustainability Takes Center Stage Consumers and brands alike are prioritizing eco-friendly solutions. This trend is …
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Global Feeder Containers Market Expected to Reach US$ 13.8 Billion by 2032 | FMI
The global feeder containers market is projected to reach US$13.8 billion by 2032, growing at a CAGR of 5.9%, according to a new report. This growth is driven by the expanding food & beverage sector, booming e-commerce, and a growing preference for sustainable transportation solutions. Feeder Containers Navigate Geopolitical Challenges Despite the positive outlook, the report acknowledges …
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Generative AI Will be Instrumental in Unlocking the Power of Data Collected and Owned by the Commercial Insurance Sector. FMI Forecasts US$ 2,094.70 million Market Valuation by 2034.
The global commercial insurance market value is expected to rise from US$ 935 million in 2024 to US$ 2,094.70 million by 2034. This estimated growth is expected to be driven by a promising CAGR of 8.40% in the commercial insurance market over the next decade. Enterprises are increasingly opting for insurance policies to protect their …