According to FMI, the Middle East paint and coatings market is expected to be valued at USD 4,690.2 million in 2022. By 2032, sales prospects in the paint and coating industry are predicted to reach a valuation of USD 7,447.9 million, exhibiting a steady growth outlook of 4.7%. One of the main market drivers is …
Monthly Archives: June 2024
Automotive Connectivity Market to Expand Significantly: Projected to reach USD 190.29 Billion by 2033
The global Automotive Connectivity Market is projected to register at a moderate-paced CAGR of 19% over the forecast period. The automotive connectivity market is currently valued at USD 33.42 Billion in 2023. By 2033, demand for automotive connectivity is expected to reach a high of USD 190.29 Billion. The demand for automotive connectivity is anticipated …
Wood Preservative Chemical & coating active ingredient Market Poised for Growth: Eco-Friendly Solutions Lead the Way
The market for wood preservative chemicals and coatings active ingredients was estimated to be worth USD 229.9 million in 2022. It is anticipated that the industry will be valued at USD 240.1 million by the end of 2023. The global market for wood preservative chemicals and coatings active ingredients is anticipated to grow at a …
Microwave Absorbing Material Market to Reach USD 707 Million by 2034 Fueled by Eco-Friendly Materials
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 …
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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