The industrial cooling systems market is poised for significant expansion, with a projected Compound Annual Growth Rate (CAGR) of 6.1% by 2033, according to Future Market Insights (FMI). From its valued position of US$ 20.98 billion in 2023, the market anticipates reaching an impressive US$ 37.92 billion by 2033, building upon a robust historical growth trend observed …
Monthly Archives: May 2024
Global Compostable & Biodegradable Refuse Bags Market Set to Double by 2033: Driven by Rising Demand for Sustainable Alternatives
The global compostable & biodegradable refuse bags market is on a trajectory of substantial growth, with forecasts indicating a value of US$ 653.0 million by 2033, up from US$ 318.1 million in 2023, representing a robust Compound Annual Growth Rate (CAGR) of 7.5% over the forecast period. This surge is propelled by increasing awareness about …
FMI Analysis Suggests Global Hydrogen Combustion Engine Market Set to Exceed US$ 46.31 Billion by 2033, Growing with an Impressive 9.78% CAGR
The global hydrogen combustion engine market is poised for significant growth, with a robust Compound Annual Growth Rate (CAGR) of 9.78% forecasted throughout the projection period. With an estimated value of approximately US$ 18.22 billion as of 2023, this market is on track for substantial expansion, aiming for a noteworthy valuation of US$ 46.31 billion by 2033. …
Global Power-to-X Market Growing at an Impressive CAGR of 9.8%, Surging Towards US$ 484 Million Valuation by 2033 | FMI Forecast
The power-to-X market foresees a notable Compound Annual Growth Rate (CAGR) of 9.8% from 2023 to 2033, with aspirations to surpass US$ 484 million by 2033 from a valuation of US$ 190 million in 2023. Emphasizing the pivotal role of advanced technology, the research report underscores the transformative surge of sustainable energy within the Power-to-X market. These …
Global Diamond Core Drilling Market Share Anticipated to Cross US$ 3.7 Billion Milestone by 2033, Driven by an Average CAGR of 6.3%
The global diamond core drilling market was valued at US$ 2 billion in 2023 according to Future Market Insights, Inc., is poised for substantial growth, aiming to surpass US$ 3.7 billion by 2033, supported by a robust Compound Annual Growth Rate (CAGR) of 6.3%. This growth is attributed to various significant factors, prominently fueled by the expansion …
Global Cancer Supportive Care Products Industry Poised for Explosive Growth, Reaching US$32 Billion by 2030 | FMI Report
The Global Cancer Supportive Care Products Industry is poised for significant growth, with a projected valuation of US$32 billion by 2030, according to a new research study by Future Market Insights (FMI). This growth trajectory is highlighted in the report titled “Global Cancer Supportive Care Products Industry,” offering valuable insights for stakeholders looking to navigate …
Functional Mushroom Market Set to Flourish: Projected Valuation of US$ 22,023.8 Million by 2033, Driven by Robust CAGR of 9%
The global functional mushroom market was valued at approximately $9,324.7 million in 2022 and is expected to grow at a steady annual rate of 9% from 2023 to 2033. By the end of this forecast period, it is projected to reach a total valuation of $22,023.8 million. This growth is driven by the increasing use of functional …
Microprinting Market is Anticipated to Record a 5.9% CAGR Through 2033, Due to Increased Efforts to Identify and Stop Fraudulent Activity | Future Market Insights, Inc.
Global microprinting market size is anticipated to increase at a CAGR of 5.9% from 2023 to 2033, from an estimated US$ 778.31 million in 2023. The predicted size of the global microprinting market in 2033 is US$ 1,380.74 million. The Advancement of Microprinting Technology Ignites the Market Growth Digital technology advances are increasingly being included in the core value-creation procedures …
Vegan Butter Market on the Rise: Expected to Reach a Market Value of US$ 4,784.7 Million by 2033
The vegan butter market is set to grow at a 5% CAGR, reaching US$ 4,784.7 million by 2033. The surge is fueled by rising demand for oat-based vegan butter due to increased popularity of oat milk. Sales are on the rise, driven by the demand for clean-label and certified vegan products, with companies like Miyoko’s Creamery …
Global Proteinase K Industry Expected to Reach US$43.9 Million by 2033, Driven by Steady Growth at 4.8% CAGR | FMI Study
The Global Proteinase K Industry is on track for stable expansion, with a projected valuation of US$43.9 million by 2033. This translates to a consistent Compound Annual Growth Rate (CAGR) of 4.8% anticipated from 2023 to 2033. The market is estimated to be valued at US$27.5 million in 2023, highlighting its growing importance in various …