Sales of the automotive air filter market globally reached a value of USD 5,398.4 million. The market is anticipated to reach USD 7,619 Million by 2033, representing a CAGR of 3.2% from 2023 to 2033, according to projections made by FMI Group. This means that sustained expansion in the industry during the given time frame …
Monthly Archives: May 2024
Investment Opportunities Abound as Plant-Based Beef Market Hits USD 26.9 Billion by 2033
Plant-Based Beef Market The plant-based beef market is experiencing unprecedented growth, driven by a combination of factors including increasing awareness of health hazards associated with red meat consumption, rising environmental concerns, and government initiatives promoting sustainable food alternatives. According to Future Market Insights, the market is estimated to be valued at USD 4.1 billion in …
Automotive Back-up Camera Market Expected to Grow at 4.4% CAGR, Reaching US$ 465.8 Million by 2033
The global automotive back-up camera market in 2022 was US$ 292.7 million and is estimated to be US$ 302.9 million in 2023. According to Future Market Insights anticipation, the automotive back-up camera market is predicted to expand at a CAGR of 4.4% between 2023 and 2033, totaling around US$ 465.8 Million by 2033. The rise …
Investing in Sustainability: Insect Feed Industry Predicted to Witness Rapid Growth
Insect Feed Market The total worth of the global insect feed market is experiencing robust growth, driven by increasing demand for nutrient-rich feed and high-quality protein. With an estimated value of US$ 1,561 million in 2023, the market is forecasted to expand at an impressive CAGR of 17.9% from 2023 to 2033, reaching a net worth …
Carboxylated Nitrile Rubber Market Expected to Reach USD 5.92 Billion by 2033, Growing at a CAGR of 4%
The global carboxylated nitrile rubber market is poised to achieve a significant milestone, with an anticipated market valuation of US$ 4 Billion by the conclusion of 2023, marking a robust compound annual growth rate (CAGR) of 4% from 2023 to 2033. This accelerated growth is primarily attributed to the rising demand for carboxylated nitrile rubber in sealing …
Global Silicone Market Poised for Robust Growth, Forecasted to Reach USD 35.4 Billion by 2032
According to Future Market Insights, the global silicone market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 6.7% from 2022 to 2032. This anticipated expansion is attributed to increasing demand for silicone across diverse end-user sectors such as consumer goods, personal care, construction, and industrial processes. The projected market size …
Nutrition on Demand: Customized Premix Market to Reach USD 17.65 Billion by 2034
Customized Premix Market The customized premix market is poised for significant growth, driven by factors such as hectic lifestyles, increasing health consciousness, and rising demand for functional foods. With an estimated value of US$ 9,742.6 million in 2024, the market is projected to progress steadily at a CAGR of 6.1% to reach US$ 17,654.7 million by …
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Explosive Growth Projected: Polyvinylidene Fluoride (PVDF) Market Set to Surge with 9% CAGR by 2032
The global polyvinylidene fluoride (PVDF) market is poised for robust growth with an anticipated Compound Annual Growth Rate (CAGR) of 9% during the forecast period. This surge is attributed to the escalating demand for PVDF across various industries. By the year 2032, the market is projected to reach a substantial valuation of USD 2,649.99 …
Electric Vehicles Drive Cold Plate Demand: Rising Sales and Digitalization Create Opportunities
The global cold plates market is poised to witness phenomenal growth, clocking a stellar CAGR of 5.3% from 2023 to 2033. As per a recent report by FMI, the market’s valuation is predicted to reach USD 374.5 million in 2023 and USD 627.7 million by 2033. Cold plates are heavily demanded applications for various purposes …
Global Geocells Market Set to Surge, Expected to Reach USD 257.0 Million by 2033
The geocells market size is estimated to surpass USD 142.2 million in 2023 and is anticipated to hit a valuation of USD 257.0 million by 2033. The geocells market share is predicted to thrive at a CAGR of 6.1% from 2023 to 2033. The market for geocells is benefiting greatly from the increase in environmental …
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