The growing use of microwave absorbing materials in industrial applications is expected to propel the global market to a valuation of USD 382.7 million by 2024. The market is expected to see new opportunities as a result of the trend, which is expected to result in a projected CAGR of 6.3% between 2024 and …
Monthly Archives: June 2024
Barbituric Acid Market to Boom: Pharmaceuticals Drive Growth to USD 34 Million by 2032
By 2022, the size of the global barbituric acid market is projected to be approximately USD 19.8 million. Furthermore, due to the increasing use of barbituric acid in various industries, including pharmaceuticals, plastics, polymers, textiles, etc., the global demand for the substance is anticipated to reach USD 31.04 million by 2032, growing at a …
Diving Deeper: Y-o-Y Growth Propels Diving Tourism Market Towards USD 5.63 Billion by 2034 – Can Drift Diving Lead the Charge?
The diving tourism market is expected to be valued at USD 3,290.0 million in 2024. The market is expected to progress at a normal rate over the forecast period, with a CAGR of 5.5%. By 2034, the value of the market is forecasted to have inflated to USD 5,630.0 million. The diving tourism market is experiencing …
FMI States the Faith-based Tourism Market is Set to Surpass USD 40.92 billion by 2033 With CAGR of 10.5%
According to a recently released FMI analysis, the global faith-based tourism market could total USD 15.07 billion by 2023. The report also discloses that the market is expected to boom at a remarkable CAGR of 10.5%, surpassing a market valuation of USD 40.92 billion by 2033. Growing desire in exploring deeper spiritual and religious connections …
Automotive Wheel Coating Market Forecast: Set to Reach USD 1,163.83 Million by 2033, with a CAGR of 3.1% | FMI Reports
It is projected that the size of the worldwide automotive wheel coatings market will grow at a steady 3.1% CAGR from 2022 to 2032. By the end of 2022, the global market is anticipated to be valued at USD 737.6 million, and by the end of 2032, it will be valued at USD 1,001.4 million. Environmentally friendly …
Metal & Metal Oxide Nanoparticles Market Forecast: Set to Reach USD 89,894.6 Million by 2032, with a CAGR of 11.6%
According to research conducted by Future Market Insights on the metal and metal oxide nanoparticles market, demand is estimated to reach a valuation of USD 89,894.6 Million by the end of the assessment period. Rise in demand for metal nanomaterials to enhance applicability, tensile strength, and other properties in key end-use industries to remain a …
Snow Cone and Commercial Shaved Ice Machines Market worth USD 5.9 billion by 2033
The quintessential symbol of summer fun, the snow cone, and its close cousin, commercial shaved ice, rely on a crucial piece of equipment: the shaved ice machine. This market caters to businesses and individuals seeking to create refreshing treats with a delightful textural difference from standard crushed ice. Driven by rising consumer demand for frozen …
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Fluoropolymers Films Market Outlook: Forecasted to Reach USD 3,120.3 Million by 2032, Growing at 6.4% CAGR | FMI Reports
The global fluoropolymer films market is predicted to expand at a positive CAGR of 6.4% from 2022 to 2032. The market will accumulate an estimated revenue of USD 3,120.3 million in 2032, rising from USD 1,986.4 million in 2022. Valued at USD 1,873.2 million in 2021, the market grew at a CAGR of 6% from 2017 to …
Industry Expansion: UV Coatings Market Targets USD 6,780 Million by 2033, Growing at 5.2% CAGR | FMI Reports
The global UV coatings market is anticipated to attain a valuation of USD 4,065.94 million in 2023 and is estimated to reach USD 6,780 million by 2033, expected to rise at a CAGR of 5.2% during the forecast period. The demand for UV coatings is expected to rise due to increasing environmental awareness and the growing electronics …
Methyl Ethyl Ketone Peroxide (MEKP) Market to Boom: Rising Demand in Polymer & Composite Manufacturing
Over the forecast period of 2022-2032, the global market for methyl ethyl ketone peroxide (MEKP) is expected to grow at a compound annual growth rate (CAGR) of 4.8% to 5%, reaching a value of nearly USD 5 billion by 2028. With this specific chemical, which can be utilized in a variety of industries like …