The global bismuth oxide industry sales is set to embark on a steady growth trajectory, expanding at a 6.9% value CAGR from 2022 to 2032. Bismuth is a chemical element that is represented using the symbol Bi. Bismuth is a pentavalent chemical that resembles chemically with antimony and arsenic. In the earth’s crust bismuth is twice as abundant as …
Monthly Archives: July 2024
Rising Trends in Glass Additives: Market to Expand from USD 1.5 billion in 2024 to USD 2.3 billion by 2034
The global glass additive market growth is projected to reach a value of USD 2.3 billion by 2034, with a CAGR of 4.4%. The industry has seen significant refinements, leading to a rise in the significance and sales of glass additives, which are valued at USD 1.5 billion in 2024. Glass is a standard packaging material in the food and beverage industry, according …
Rising Demand for Benzoates in North America and Europe: Market to Hit USD 8.8 Billion by 2032
The global benzoates industry sales is anticipated to showcase a flourishing CAGR of 5.2% across the forecast period from 2022 to 2032. The global market was valued at USD 5.3 Billion in 2022 to surpass a valuation of USD 8.8 Billion by 2032. In the foreseeable future, various developed regions including North America, Europe, Central America, and South America are …
Rising Applications Propel Powder Injection Molding Market Growth: 9.3% CAGR Forecast from 2022 to 2032
The worldwide powder injection molding (PIM) industry is predicted to experience a robust CAGR of 9.3% between 2022 and 2032, resulting in a significant increase in global sales. Starting at USD 3.50 billion in 2022, the market is expected to reach USD 8.52 billion by 2032. The rising application of powder injection molding and the availability …
Rising Insecticide Demand Boosts Global Profenofos Market to USD 2 Billion by 2032
The global profenofos industry share is anticipated to bode well over the assessment period by registering a CAGR of 5% from 2022 to 2032. The market is valued at USD 1.22 Billion in 2022 and surpasses a valuation of USD 2 Billion in 2032. During the projected period, the cotton sector is expected to dominate the …
Global Corrugated Boxes Market to Expand with a CAGR of 4.3% by 2033, Reaching US$ 213.9 Billion
Corrugated Box Market The global corrugated box market is projected to grow at a robust CAGR of 4.3% over the forecast period from 2023 to 2033, increasing in value from US$ 140.4 billion in 2023 to US$ 213.9 billion by 2033. This growth is driven by the increasing demand for sustainable and eco-friendly packaging solutions, particularly …
Deblistering Machines Market Poised for Growth, Projected to Reach US$ 270.0 Million by 2033
Deblistering Machines Market The global deblistering machines market is set for substantial growth, with a forecasted CAGR of 5.0% from 2023 to 2033. According to Future Market Insights (FMI), the market, valued at over US$ 165.0 million in 2023, is expected to reach US$ 270.0 million by 2033. This growth is driven by the increasing demand …
Global Tray Sealing Machines Market to Reach US$ 5.12 Billion by 2032, Driven by Technological Advances and Growing Food Packaging Needs
Tray Sealing Machines Market The global tray sealing machines market is set for substantial growth, with a projected CAGR of 4.5% from 2022 to 2032. According to recent research by Future Market Insights (FMI), the market, valued at US$ 3.30 billion in 2022, is expected to reach US$ 5.12 billion by 2032. This growth is driven by …
Global Steel Drum Market to Reach US$ 20.8 Billion by 2033, Driven by Evolving Packaging Needs and Emerging Markets
The global steel drum market is projected to witness robust growth, with an anticipated CAGR of 5.6% from 2023 to 2033. By 2033, the market is expected to reach a valuation of US$ 20.8 billion, up from US$ 2.0 billion in 2024. Carbon steel or stainless steel is used to make the steel drum, a …
Reconditioned Steel Drum Market Projected to Surpass US$ 3.1 Billion by 2034, Driven by eCommerce Growth and Technological Advancements
Reconditioned Steel Drum Market The global reconditioned steel drum market is set to witness substantial growth, with estimations forecasting a valuation exceeding US$ 3.1 billion by 2034, according to a recent report. Anticipated to register a robust compound annual growth rate (CAGR) of 4.5% until 2034, the market is projected to reach a valuation of US$ 2.0 …