The precipitated barium sulphate industry size is expected to increase from US$ 738.4 million in 2023 to US$ 1045 million in 2033. Rising crude oil costs and increased penetration of precipitated barium sulphate in the pharmaceutical and paint and coating industries are driving the market, recording a CAGR of 3.8% between 2023 to 2033. Its Use …
Monthly Archives: July 2024
Compound Semiconductor Materials Market Set to Reach US$ 69.02 billion in 2033 Driven by E-Mobility
The compound semiconductor materials market size is predicted to be worth US$ 24.31 billion in 2023 and rise to US$ 69.02 billion by 2033. Initially, the global market was expanding at a CAGR of 9.1% from 2018 to 2022. Data transactions have increased due to growing industrialization, which is fueling the expansion of the semiconductor market globally. …
Copper Foil Market Set to Surge to US$ 13,746.9 million by 2033, Driven by Electronics Demand
The global copper foil industry size is predicted to register a CAGR of 7.4% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 6,732.3 million in 2023 to US$ 13,746.9 million by 2033 end. The Rising prevalence of electric vehicles in developed countries like the United States, the United …
Rising Demand for Recyclable Thermoplastic Composites: A Shift in Transportation Manufacturing Amid Regulatory Changes
According to the study, consistent innovation and research into technologies that help meet legislated emission targets are becoming the elixir for manufacturers of transportation composites. Moreover, as customers become more environmentally conscious, reuse and recycling are gaining traction – a development that augurs well for transportation composite manufacturers. Transportation composites’ compatibility with the broader objectives of …
Rising Demand for Reactive Diluents: Enhancing Adhesives, Sealants, and Coatings Performance
Future Market Insights’ recent report on the reactive diluents market concludes that the market will cross the billion-dollar threshold in the next two years. Primarily used as viscosity regulators and thinners, reactive diluents are extensively used to manufacture paints and adhesives. As industries strive to adopt co-polymerization to aid proper mixing, the usage of reactive diluents is …
Sailcloth Revolution: How Advanced Fabrics Are Transforming the Fashion Industry and Backpack Design
As per a detailed survey conducted by FMI, the global sailcloth market size totaled US$ 400 Million in 2020. The versatility of sailcloth and consequent applications in manufacturing rucksacks, backpacks, and others is propelling the demand in the market. In response to this, the sailcloth market is projected to surpass US$ 500 Million in the next five years. A swift increase in …
Global Weft Feeder Market Set to Reach US$ 1,173.4 Million by 2033 with a Steady 5.8% CAGR
In 2023, the Weft Feeder market is expected to be worth US$ 670.3 million. The market is expected to reach US$ 1,173.4 million by 2033, expanding at a 5.8% CAGR throughout the forecast period. Weft feeders are advanced weaving accessories that play a vital role in the efficient operation of looms by providing a continuous …
Safety Interlock Switches Market Set to Reach USD 701.7 Million by 2033 with a 4.8% CAGR
In 2023, the Safety Interlock Switches Market is expected to be worth USD 438.7 million. The market is expected to reach USD 701.7 million by 2033, expanding at a 4.8% CAGR throughout the forecast period. Safety interlock switches have emerged as a crucial component in industries worldwide, playing a pivotal role in safeguarding workers and …
Global Rotary Hopper Market Set to Reach USD 1,190.8 Million by 2033 with a 4.7% CAGR
In 2023, the Rotary Hopper Market is expected to be worth USD 745.1 million. The market is expected to reach USD 1,190.8 million by 2033, expanding at a 4.8% CAGR throughout the forecast period. The Rotary Hopper market is driven by several factors, including automation in manufacturing sector and customization of rotary hoppers. Due to …
Power Swivel Market Set to Surpass USD 2,086.2 Million by 2033 with a 4.4% CAGR
The power swivel market is anticipated to reach a value of USD 1,356.2 million in 2023. The market is anticipated to grow at a 4.4% CAGR from 2023to 2033, when it is expected to reach USD 2,086.2 million. Power swivels’ adaptability, efficiency, and technical developments are revolutionizing industrial operations. A number of issues, including as …
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