The global laryngeal mask market is poised for remarkable growth, according to the latest analysis report by Future Market Insights. The report forecasts that sales of laryngeal masks are expected to reach USD 656.4 million in 2022, with a projected surge to USD 1.5 billion by 2032, indicating a significant compound annual growth rate of …
Monthly Archives: July 2024
Injection Molding Polyamide 6 Market Set to Reach USD 16.0 Billion by 2034, Growing at a 6.2% CAGR | FMI Reports
The global injection molding polyamide 6 market is anticipated to reach a valuation of USD 8.7 billion in 2024, driven by increasing demand for high-performance composites. This trend is expected to create new market opportunities, leading to a projected compound annual growth rate (CAGR) of 6.2% between 2024 and 2034, ultimately reaching approximately USD 16.0 …
Tank Insulation Market Set for Major Expansion, Expected to Reach USD 10.2 Billion by 2034, with a CAGR of 5.1% | FMI Reports
The demand for tank insulation market solutions is growing rapidly as industries prioritize energy efficiency and sustainability. The tank insulation market is projected to reach USD 6.2 billion in 2024 and escalate to USD 10.2 billion by 2034, with a CAGR of 5.1% through 2034. Key sectors driving this demand include oil & gas, chemical …
Global Precipitation Hardening Market Projected to Reach USD 6 Billion by 2033, Driven by 8.3% CAGR
The global precipitation hardening market is projected to attain a valuation of USD 2.7 billion in 2023 and is expected to reach USD 6 billion by 2033, trailing a CAGR of 8.3% during the forecast period. The utilization of precipitation hardening as an ideal process for producing robust and high-performance automotive components positions it for significant …
Malonic Acid Market to Expand at a CAGR of 5.7% by 2033, Report Suggests
As per Future Market Insights (FMI), the global malonic acid market value is estimated to reach USD 56,058.6 thousand in 2023. From 2023 to 2033, global sales of malonic acid are expected to soar at 5.7% CAGR. By 2033, the total market valuation is projected to reach USD 97,277.2 thousand. Malonic acid is a …
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The Emulsified Shortenings Market Expected to Achieve Strong Growth with 5%-6% CAGR Through 2022-2032
The global emulsified shortenings market is anticipated to grow at a moderate CAGR range of 5% to 6% from 2022 to 2032. The target market is set to reach a significant value by the end of 2032. Many manufacturers in the food and beverage industry are keen on releasing products with new and unique tastes. This factor …
Hydrosulfite Market Forecast: Anticipated to Grow at 3.1% CAGR, Reaching USD 2,090.5 Million by 2034
By 2034, the value of the global hydrosulfite market is projected to rise from USD 1,546.7 million in 2024 to USD 2,090.5 million. Global hydrosulfite demand is expected to rise at a compound annual growth rate (CAGR) of 3.1% over the forecast period. The sodium hydrosulfite segment is expected to dominate the global hydrosulfite industry …
Insights into Growth: Global Take-Out Coffee Market Hits USD 60,980.6 Million by 2033
In 2023, the global take-out coffee market reached a value of USD 39,630.0 million, with a projected CAGR of 4.4% from 2023 to 2033. The future for the take out coffee market is changing as young people’s coffee consumption rises. There are a rising number of millennials who consume coffee. The increase in consumption would …
Projected Growth of Global Specialty Polystyrene Resin (SPR) Market to Reach USD 195 Million by 2034 with 3.70% CAGR
By 2034, the value of the worldwide specialty polystyrene resin market is projected to have increased from USD 135 million in 2024 to USD 195 million. Over the next ten years, the specialty polystyrene resin market is predicted to grow at a steady CAGR of 3.70%, which will fuel this projected growth. Surging demand for …
Clarified Butter Market Forecasted to Reach USD 6.11 Billion by 2033 with 9.4% CAGR
A 9.4% CAGR is forecast for the clarified butter market, which is predicted to reach a global market value of USD 6.11 billion by 2033 from an estimated USD 2.49 billion in 2023. The widespread adoption of clarified butter is mostly due to globalisation. The customers of today, known as millennial, have shown a deep interest in …