The global vehicle electrification market is projected to grow at a prolific CAGR of 10.3% during the forecast period of 2022-2032. The market was valued at USD 72 Billion in 2021. Rising emphasis on environment-friendly alternatives for the automobile sector is driving the demand for vehicle electrification across the world. Increasing fuel prices coupled with a rise in the sales of …
Monthly Archives: June 2024
Native Starch Industry to See 5.7% Annual Growth Rate, Surpassing USD 2.6 Billion by 2032: FMI Analysis
The global native starch market is projected to witness a CAGR of 5.7% and is anticipated to reach a valuation of around USD 2.6 Bn by 2032, while it is estimated to be valued at USD 1.5 Bn in 2022. The increased use of native starch as a stabilizing, thickening, and gelling agent, as well as a diluent, binder, …
Robotic Aseptic Syringe Filler Capper Market is Expected to Reach at a US$ 3,650.2 Million by 2032
The global robotic aseptic syringe filler capper market size is projected to be worth US$ 3,650.2 million by 2032. Growing quickly is the demand for robotic aseptic syringe filler capper. With a predicted valuation of US$ 2,419.1 million in 2022, the global robotic aseptic syringe filler capper market is expected to grow at a compound annual growth rate (CAGR) of …
Sugar Beet Juice Extract Market Projected to Reach USD 8.8 Billion by 2034 at 5.6% CAGR
Demand for sugar beetroot juice extract is projected to reach US$ 5.09 billion in 2022 and expand at a CAGR of 5.6% to US$ 8.8 billion from 2022 to 2032. The increase in the prevalence of lifestyle disorders like diabetes, high blood pressure, obesity, and other cardiovascular diseases are blamed for the growth. As per comprehensive …
Automotive Repair & Maintenance Services Market Forecast to Hit USD 1,850 Billion by 2033 with 7.2% CAGR
The global automotive repair & maintenance services market is expected to be valued at USD 915.88 Billion in 2023. From 2023 to 2033, the market is projected to rise at a CAGR of 7.2% to reach USD 1,850 Billion. The market presents significant market opportunities for key players due to the growing trend of vehicle customization, higher disposable income levels, …
Fibre Film Market Soars: Sustainable Solution Wraps Up Growth at 4.1% CAGR by 2033 | FMI Study
The fibre film market is forecasted to exhibit a 4.1% CAGR through 2033. The industry’s size is predicted to increase from US$ 566.62 million in 2023 to US$ 846.85 million by 2033. Fibre film is the holy grail of the flexible film industry. The unique construction of fibre films with polymer fibre technology allows it to deliver significant containment force while using less …
Two Wheeler Accessories Aftermarket Set to Achieve USD 45,608.96 Million Valuation by 2033, 8.60% CAGR Anticipated
The two wheeler accessories aftermarket is poised for substantial growth, with projections indicating a staggering value of USD 45,608.96 Million by the year 2033, accompanied by a robust CAGR of 8.60%. This flourishing sector encompasses a wide array of accessories tailored for motorcycles, scooters, and other two-wheeled vehicles, catering to the diverse needs and preferences of riders. The integration of …
Lightweight Compact Wheel Loader Market Targets USD 30.3 Billion by 2033 with 8.4% CAGR
The global lightweight compact wheel loader market in 2022 was USD 12.2 Billion and is estimated to be USD 13.53 Billion in 2023. Future Market Insights has mentioned in its reports that the lightweight compact wheel loader market will expand at a CAGR of 8.4% between 2023 and 2033, totaling around USD 30.3 Billion by 2033. The Lightweight Compact Wheel Loader …
Wooden Crate Market is Projected to Reach at a US$ 1.5 Billion by 2034 | FMI
The global wooden crate market will reach a valuation of US$ 1.1 billion in 2024, driven by culinary innovation and chef endorsements. The trend is set to create new opportunities for the market, leading to a projected CAGR of 3.5% between 2024 and 2034, and reaching a total valuation of approximately US$ 1.5 billion by 2034. The wooden crate market is experiencing a …
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Whole-Wheat Flour Market Surges at 7.3% CAGR, Poised to Hit USD 130 Billion by 2032
The whole wheat flour market is expected to grab a stronghold in the global market at a promising CAGR of 6.7% during the forecast period. The global market holds a projected revenue of US$ 72.71 Bn in 2022, and this value is likely to cross US$ 130.34 Bn by the end of 2032. Whole wheat flour is …