Future Market Insights (FMI), Dubai: As per exhaustive research by FMI, the global phosphate conversion coatings market is poised to total US$ 1.86 Billion in 2022. Increasing adoption in the production of casing connections to enhance their sealing performance is fueling the demand for phosphate conversion coatings. Phosphate conversion coatings transform the basis metal surface into a non-metallic crystalline surface. …
Monthly Archives: May 2024
Chemical Testing Services Market to Hit US$ 52.19 billion by 2033: Steady 5.4% CAGR Forecasted
The chemical testing services market size is anticipated to thrive at an average CAGR of 5.4% between 2023 and 2033. The market is expected to have a share of US$ 52.19 billion by 2033, while it is likely to be valued at US$ 30.84 billion in 2023. A long range of industrial applications, higher involvement in research-based projects, and educational institutes implementing chemical …
Global Coil Coatings Market Surpasses US$ 5.24 billion in 2023, Set for Steady Growth to Reach US$ 8.29 billion by 2033
The coil coatings market size is forecasted to exhibit a 4.7% CAGR through 2033. The industry’s size is predicted to increase from US$ 5.24 billion in 2023 to US$ 8.29 billion by 2033. Increasing demand for enduring value and high-end aesthetics are fueling the application of coil coatings in the building and construction industry in roofing …
Future Market Insights Forecasts Technical Textiles Market to Reach US$ 390 billion Mark by 2033, Driven by Global Demand
With the increasing demand for technical textile fiber, the global technical textile market is expected to grow quickly across a variety of end-use industries, including apparel, medical, automotive, etc. As per the Future Market Insights projects the technical textile market will most likely reach US$ 202.93 billion by 2023 and US$ 390 billion by 2033, growing …
Acetone Market Soars as Personal Care Trends Drive Demand: Projections Reach US$ 15674 Million by 2033
With personal care products becoming increasingly popular, acetone sales are on the rise. The industry expects the size of the acetone market to reach US$ 6611.3 million by 2023 and US$ 15,674 million by 2033, and grow at a CAGR of 9%. The solvent acetone is invisible and colorless. Small amounts of acetone are used in some …
Plant-Based Burger Market Dynamics: Projected Growth to US$ 23.2 Billion by 2033 with a Steady CAGR of 16.3%
The FMI anticipates that the plant-based burger market is estimated to capture a valuation of US$ 5.1 billion in 2023. The market is increasing to US$ 23.2 billion by 2033 and is registering a CAGR of 16.3% during the forecast period. The demand for more practical and cruelty-free dining options is propelling the plant-based burger sector forward. These burgers have a delicious …
Vegan Protein Powder Market Forecast: A Comprehensive Analysis of the Surge to US$ 9.07 Billion by 2033
According to Future Market Insight, the Global Vegan Protein Powder Market will reach US$ 9.07 billion by 2033, registering a CAGR of 7.4%. This expected expansion represents a significant increase from its estimated value of US$ 4.63 billion in 2023. Globally, there has been a noticeable growth in the number of people who follow vegan and vegetarian diets. People adopt plant-based …
Herb and Spice Market Projections: An In-Depth Analysis of the Industry’s Growth to Reach US$244,124.7 Million by 2034
The herbs and spices market size is forecast to grow at a CAGR of 3.6% between 2024 and 2034. The market is expected to incline from US$ 171,563.1 million in 2024 to US$ 244,124.7 million by 2034 end. The accelerating utilization of herbs and spices in food items is fueling market expansion. Herb extracts are predicted to lead the pack among …
Bubble Tea Market: Expected to Flourish with a 9% CAGR, Achieving a Market Valuation of US$ 6.17 Billion by 2033
The bubble tea market is expected to increase at a 9% CAGR from 2023 to 2033, above the 9.1% CAGR witnessed between 2018 and 2022. This huge increase in growth rate suggests a high demand for bubble tea, resulting in a significant increase in market value from US$ 33,121.5 million in 2023 to US$61,152.4 million by 2033. In recent years, the bubble …
Almond Milk Market: Forecasted to Attain a Remarkable Revenue of US$ 14,193.79 Million by 2034
The global demand for almond milk is expected to experience growth from its estimated US$ 5895.8 million in 2024 to US$ 14, 193.79 million in 2034. The almond milk market is projected to advance at a 9.2% CAGR over the projected period. The increased incidence of lactose intolerance is primarily driving revenue growth in the vanilla almond milk industry. Growing health challenges …