According to Future Market Insight’s projections, the global stainless steel industry is anticipated to reach a remarkable milestone, with a value of US$ 215.89 billion by 2033. This projected value is substantially higher than its estimated worth of US$ 126.38 billion in 2023. This growth trajectory reflects a robust CAGR of 5.5%. Investments in infrastructure and housing …
Monthly Archives: May 2024
Bone and Joint Health Supplement Market Fuels 6.8% CAGR Growth in Market by 2034 | Future Market Insights, Inc.
According to the Future Market Insights’ latest report, global sales of bone and joint health supplements are forecast to total US$ 11,525.3 million in 2024. The market will record a CAGR of 6.8%, with total valuation reaching US$ 22,165.8 million by 2034. The global bone and joint health supplement industry is experiencing significant growth, and the trend is set to persist through 2034. …
Self-Fusing Silicone Tapes Market is Projected to Reach USD 1,106 Million by 2032 | FMI
The market for self-fusing silicone tapes is anticipated to reach USD 1,106 million by 2032 at a CAGR of 4.2% from USD 736 million in 2022 according to Future Market Insights. The electrical industry is undergoing significant development and is expected to witness positive growth over the forecast period. The developed and developing countries across the globe are spending a significant percentage of …
Marine Nutraceutical Sales to total USD 9,606.7 million by 2034 Amid Rising Awareness of their Potential Health Benefits Globally | FMI
According to the latest analysis, the global marine nutraceutical market value is projected to increase from US$ 3,965.4 million in 2024 to US$ 9,606.7 million by 2034. Over the next decade, global marine nutraceutical demand will likely rise at a CAGR of 9.3%. Multiple factors are expected to stimulate growth of the marine nutraceutical industry during the …
Aluminum Cans Market is Projected to Reach US$ 92.31 Billion by 2033 | FMI
According to Future Market Insight, the global aluminum cans market is projected to reach a value of US$ 92.31 billion by 2033, registering a CAGR of 4.7%. This is a significant surge from its estimated value of US$ 58.31 billion in 2023. Aluminum Cans Market Demand Analysis The rise of closed-loop recycling practices has opened a new opportunity for the rapid …
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Advancements in Coating Technologies Offer Opportunities in Barrier Coated Papers Market
The overall valuation of the global barrier-coated papers market was recorded at US$ 4,640.1 million in 2022. The global market is anticipated to rise at a CAGR of 4.6% during the years from 2023 to 2023. The global market is also expected to reach US$ 7,571.9 million by the year 2033. Manufacturers of the barrier coated papers market are taking relentless efforts to …
Growing Consumer Preference for Natural and Clean Label Products to Surge Freeze Dried Melt Market at a CAGR of 8.1% through 2034
According to Future Market Insights (FMI), the global freeze-dried melt market size is expected to reach US$ 214.7 million in 2024. The market is projected to surge at 8.1% CAGR through 2034. Accordingly, the total market valuation is projected to reach US$ 460.4 million by 2034. Rising health and well-being consciousness among consumers due to the presence of healthy and clean …
Carbon Steel Industry Eyes Robust Growth, Targets USD 1,560.4 Billion Market Value by 2033, with a CAGR of 4.0%
The global carbon steel industry value is forecast to increase from US$ 1,050.8 billion in 2023 to US$ 1,560.4 billion by 2033. Over the assessment period, global demand for carbon steel is projected to surge at a CAGR of 4.0%. Low carbon steel segment is expected to dominate the global carbon steel industry during the assessment period. …
p-Coumaric Acid Demand to Rise at 11.3% CAGR through 2034 Amid Shifting Consumer Preference toward Organic Products | FMI
The global p-coumaric acid market value is projected to reach US$ 25.9 million by 2034, up from US$ 8.8 million in 2024. Demand for p-coumaric acid will likely increase at an estimated CAGR of 11.3% throughout the forecast period. P-coumaric adoption will likely remain high in the food & beverage application, owing to rising demand …
Marine-based Drug Market to Top USD 9,275.9 Million by 2034 Due to Vast Untapped Potential of Marine Organisms as a Source of Novel Therapeutic Compounds
According to Future Market Insights (FMI), the marine-based drug market is estimated to reach US$ 4,177.9 million in 2024 and US$ 9,275.9 million by 2034. The market is set to surge at a CAGR of 8.3% through 2034. The marine-based drug market is driven by the increasing need for novel therapies due to the surging incidence of chronic illnesses such …