As per a report from Future Market Insights, the online home rental market is set to reach a valuation of USD 18.24 billion by 2023. From 2023 to 2033, it is expected to display a Compound Annual Growth Rate (CAGR) of 14%, eventually reaching USD 77.09 billion in 2033. The market of online home rental service …
Monthly Archives: May 2024
Laser Cutting Machine Market Value Surges to USD 6,635.90 million by 2034
The Laser Cutting Machine Market is gearing up for steady growth, achieving a moderate CAGR of 5.80% through 2034. Its value is projected to climb from USD 3,776.10 million in 2024 to an impressive USD 6,635.90 million by 2034. Laser cutting has emerged as a versatile, cost-effective method that delivers extremely high precision as compared …
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Projected Growth: Dicamba Industry Expected to Hit USD 1,138.83 Million by 2033, with a CAGR of 7.90%
The global dicamba industry is anticipated to advance at a CAGR of 7.90% during the forecast period. The global market is likely to secure a valuation of USD 532.41 million in 2023 and reach USD 1,138.83 million by 2033. Opportunities in the Dicamba Market Various factors are likely to bring global market opportunities. A few of …
Future Outlook: Industrial & Institutional Cleaning Chemicals Industry to Reach USD 158.1 Billion by 2033, with a CAGR of 7.5%
The global industrial & institutional cleaning chemicals industry is expected to have a valuation of USD 76.7 billion in 2023, accelerating with a CAGR of 7.5% by 2023 to 2033. The global market share is anticipated to be valued at about USD 158.1 billion by 2033 end. Top Trends and Opportunities in the Global Market Various …
Mobile Substation Market Value Surges to USD 1,879.6 Million by 2032
mobile substations are the ultimate utility players, providing temporary or emergency power solutions wherever and whenever needed. These self-contained units house transformers, switchgear, and other electrical equipment, transforming high voltage electricity into usable medium voltage for various applications. Let’s explore the diverse applications where mobile substations shine: Emergency Response and Disaster Recovery: Rapid Power Restoration: …
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Refrigeration Oil Industry: Expected to Hit USD 2,332.9 Million by 2033, with a CAGR of 4.9%
The refrigeration oil industry size is projected to be valued at USD 1,425.9 million in 2023 and is expected to rise to USD 2,209.9 million by 2033. The sales of refrigeration oil are expected to grow at a significant CAGR of 4.9% during the forecast period. The refrigeration oil market plays a crucial role in supporting …
Polyunsaturated Fatty Acids Industry Growth: Projected to Reach USD 9,717.8 Million by 2033, with a CAGR of 5.4%
The polyunsaturated fatty acids industry is forecast to experience a growth of 5.4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 6,019 million in 2023. Demand for polyunsaturated fatty acids (PUFAs) is projected to be propelled by surging awareness about the health benefits …
Industrial Furnaces Market Size Rising to USD 3.6 billion by 2033
The global industrial furnaces market is estimated to secure a valuation of USD 2.5 billion in 2023 and USD 3.6 billion by 2033. The global market is estimated to capture a CAGR of 3.9% during the forecast period. Which Factors are Driving the Industrial Furnaces Market? The global market is influenced by various factors, including: Increasing …
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PP Homopolymer Industry Growth: Projected to Reach USD 101.28 Billion by 2033, with a CAGR 5.1%
The PP homopolymer industry is anticipated to thrive at a CAGR of 5.1% between 2023 and 2033. The market is expected to have a market share of USD 101.28 billion by 2033, while it is likely to be valued at USD 64.17 billion in 2023. Restoration of industrial expansion, advanced research and development around new materials, …
Renewable Methanol Industry: Projected to Surpass USD 398.1 Million by 2033, with a CAGR of 6.6%
According to forecasts, the renewable methanol industry is expected to be US$ 210.1 million in 2023 and USD 398.1 million by 2033. As it is used in the chemical sector to make acetic acid, formaldehyde, and plastics, there is expected to be an increase in demand for renewable methanol throughout the projection period. To produce polyethylene …