Increasing use of transportation fuel is likely to have a direct impact on the demand for refinery catalysts, according to a recent report published by Future Market Insights (FMI). Catalytic processes are imperative for the production of transportation fuels such as gasoline, diesel, jet fuel and others from petroleum. The evolving composition of transportation fuel …
Monthly Archives: May 2024
Global Ammonium Phosphate Industry Boosted by Fire Control and Agriculture Demand, Set for 3.3% CAGR Growth Through 2029
The projected growth rate of the ammonium phosphate industry is approximately 3.3% over the course of the forecast period (2019 to 2029). The demand from the fertilizers segment remains steady and even surges in emerging economies. Other end-use industries such as electronics and optics are complementing the growth of the ammonium phosphate market. Stringent regulatory norms …
Global Edge Protector Market to Hit USD 4.64 Billion by 2032, Driven by Increasing Demand for Product Safety and Longevity
The global edge protector market is poised for substantial growth, with a projected valuation of USD 4.64 billion by 2032, up from USD 2.9 billion in 2022. This growth, anticipated at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period from 2022 to 2032, underscores the increasing emphasis on packaging solutions that …
Global Stock Clamshell Packaging Market to Reach USD 7.62 Billion by 2032: Driven by Growing Demand for Safe Packaging of Technical Gadgets
The stock clamshell packaging market is on a trajectory of substantial growth, poised to achieve a remarkable value of USD 7.62 billion by 2032, driven by a steady compound annual growth rate (CAGR) of 4.7% spanning from 2022 to 2032. This surge is attributed to the ever-expanding demand in the tech gadgets sector, where the safety and …
Surging Construction and Electronics Demand Propel Feldspar Industry Growth Through 2029
The global feldspar industry is expected to grow at a CAGR of 5.5% over the forecast period from 2019 to 2029. Increasing demand for glass and ceramic products, fillers in the paint industry, and coatings for welding rods are the major factors augmenting the feldspar market. In addition, the rising need for electronics and an increasing …
Global Cover Caps Market Poised for Significant Growth: Expected to Reach US$ 158.04 Billion by 2032
The global cover caps market is projected to experience robust growth over the next decade, with a Compound Annual Growth Rate (CAGR) of 5% from 2022 to 2032. According to the latest industry analysis, the market, valued at US$ 97.02 billion in 2022, is expected to soar to an impressive US$ 158.04 billion by the …
Paraffin Wax Industry to Reach US$ 15.98 billion by 2032 with 5.7% CAGR Driven by Candle Production and Packaging Applications
As per Future Market Insights’ latest industry analysis, the paraffin wax industry size is expected to see a substantial CAGR of 5.7% and is projected to increase from US$ 9.2 billion in 2021 to US$ 15.98 billion by 2032. Due to their greater water resistance compared to packaging materials, paraffin wax market share is also anticipated to …
Innovative Biomedical Engineering Solution Transforms Resuscitation Bags into Emergency Ventilator Hardware Amidst Cardiac Arrest Equipment Shortages
As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Resuscitation Bags market is expected to grow at a healthy CAGR during the forecast period (2017-2027). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Resuscitation Bags in the coming 10-years. …
Global Polyvinyl Chloride Industry to Grow at 4.2% CAGR Through 2029, Driven by Automotive, Packaging, and Construction Demand
The global polyvinyl chloride industry will expand at 4.2% CAGR through 2029. As indicated in a new study by Future Market Insights (FMI), the market for polyvinyl chloride is largely influenced by increasing applications in automotive, packaging, and construction industries, to meet industrial, commercial, and household end-user needs. “Premier companies in the PVC industry are undertaking R&D …
Global Serum Separation Gels Industry Set for Explosive Growth at 5% CAGR, Reaching US$12.39 Billion by 2032 | FMI Study
The Global Serum Separation Gels Industry is poised for a remarkable surge, fueled by the increasing demand for accurate and efficient blood sample processing. According to a recent analysis, the market is projected to experience a stellar Compound Annual Growth Rate (CAGR) of 5% from 2022 to 2032. This translates to a significant market expansion, …