The global market for high carbon bearing steel was projected to be worth USD 139.6 billion in 2022. As a result of the growing need for highly efficient and lightweight bearings in industries like marine, construction, and automotive, it is anticipated that global sales of high carbon bearing steel will rise at a robust …
Monthly Archives: July 2024
Projected Growth: Carbon Brush Market Set to Reach USD 4,503.6 Million by 2033, with a CAGR of 4.5%
The global carbon brush market is anticipated to exceed USD 4,503.6 million in 2033 as opposed to an estimated USD 2,900 million in 2023. The target market is slated to expand at an average CAGR of 4.5% from 2023 to 2033. Carbon brushes find extensive application in motors, generators, and other electrical equipment to transfer …
Growth Prospects for Blow-Molded Bottles: CAGR of 4.8% Expected by 2033 | FMI Study
The global demand for blow-molded bottles had strong growth, as evidenced by a noteworthy CAGR of 4.2% from 2018 to 2022. Furthermore, FMI surveyed that this growth trend raised the market’s worth to over US$ 90.3 billion by the end of the survey period in 2022. By the end of this year, 2023, it is anticipated that …
Growth Trajectory of BFS Syringes Market: Projected CAGR of 9.4% and US$ 2,158.46 Million by 2033
The BFS syringes market is forecasted to experience a growth of 9.4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 878.48 million in 2023. By 2033, the BFS syringes industry is expected to capture US$ 2,158.46 million by 2033. BFS technology is most commonly …
Global PVC Packing Straps Market: Forecasting a Valuation of US$ 213 Million by 2033
The market for PVC packing straps has expanded steadily, with a year-on-year growth rate of 3.8% during the period from 2018 to 2022. The global market value concluded at an estimated value of US$ 134 million by the end of this historical period in 2022. The net worth of all PVC packing straps is anticipated to reach around US$ 139.8 million …
Integrated Food Ingredients Market Poised for Growth, Expected to Reach USD 112.85 Billion by 2033
Integrated Food Ingredients Market The integrated food ingredients market size accumulated a value worth USD 69,510.0 million in 2023. It is anticipated to reach a market value of USD 112,848.7 million by 2033, growing at a CAGR of 5.2% through 2033. The market for integrated food ingredients is being pushed forward by factors such as Growing popularity of food encapsulation technology Improvements in …
Bio Vanillin Market Set to USD 380.7 Million by 2033, Fueled by Demand from Plant-Based and Vegan Industries
Bio Vanillin Market The global bio vanillin market is anticipated to reach a valuation of US$ 191.3 million in 2023, driven by increasing demand from pharmaceuticals and food & beverage industries. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.6% between 2023 and 2033, and reaching a total …
Pea Starch Market to Reach USD 241 Million by 2034, Fueled by Growing Demand for Gluten-Free and Plant-Based Ingredients
The global pea starch market value is slated to total USD 130 million in 2024 and USD 241 million. Global sales of pea starch are estimated to surge at a CAGR of around 13.1% during the assessment period. Several factors are stimulating growth of the pea starch market. These include rising demand for gluten-free ingredients, …
Potato Flake Market Set to Grow to USD 11.92 Billion by 2034, Fueled by Rising Demand in Food Processing and Food Service Industries
Potato Flake Market The potato flake market is estimated to be worth US$ 8,056.80 million in 2024. Well-established popularity of processed food and snacks is making sure the demand for potato flakes remains strong. There is thus a firm base for the market to progress. Through the year 2034, potato flake demand is set to progress at a CAGR …
Rising Demand: Vitamin Gummies Market Expected to Reach USD 7.35 Billion by 2033, Driven by Health-Conscious Consumers
Vitamin Gummies Market According to FMI, vitamin gummies are likely to generate US$ 4050 million by 2023. A CAGR of 6.5% is forecast for the market between 2023 and 2033, indicating a US$ 7352.3 million market. As multivitamin gummy provides critical support for all-around health and well-being demand for these gummies is expected to grow in demand. …