New Product Development
In 2022, the global disinfection equipment market is estimated at USD 8.5 million. By 2023, it’s projected to secure USD 9.5 million, marking the beginning of a substantial growth trajectory. This surge is attributed to increased healthcare spending, prompting a shift in disinfection equipment usage from commercial to household settings. Over the forecast period from 2023 to …
Continue reading “Disinfection Equipment Market Recording a CAGR of 12.4% by 2033 | Says FMI”
According to a report published by Future Market Insights, the blue light protection ingredient market is expected to grow significantly in the forthcoming decade, with a projected value of USD 890.9 million in 2024. The market is predicted to surge at a CAGR of 8.6% during the forecast period and is expected to reach a valuation of USD 2.02 billion by 2034. The …
In 2023, the pumps and trigger spray market is estimated to be valued at USD 7.41 billion and is expected to reach USD 15.0 billion by 2033. The adoption of pumps and trigger sprays is likely to expand at a CAGR of 7.3% from 2023 to 2033. Sustainability, leading the way for change, continues to rise, pushing …
Continue reading “Pumps and Trigger Spray Market Expected to Reach USD 15.0 Billion by 2033 | FMI”
The trace chemical detector market is projected to experience significant growth, with revenue anticipated to increase at a compound annual growth rate (CAGR) of 7.2% from 2019 to 2027. This growth is driven by heightened security concerns across various sectors, including defense, homeland security, and industrial safety, necessitating advanced detection technologies. The rising incidence …
According to a study by Future Market Insights, the sales of pH meters are projected to surpass a valuation of USD 2 billion by the end of 2027. This growth is driven by the increasing demand for accurate and reliable pH measurement across various industries, including pharmaceuticals, food and beverage, water treatment, and chemical manufacturing. …
The global phthalate and non-phthalate plasticizers market is estimated to expand from USD 14,432.6 million in 2023 to USD 22,968.9 million by 2033. Overall sales in the market are likely to soar at 4.8% CAGR through 2033. The rapid adoption of phthalate and non-phthalate plasticizers across various industries will continue to drive the global …
The market for industrial absorbents is anticipated to reach USD 6.5 billion in 2034, up from an estimated USD 4.5 billion in 2024. The industry’s compound annual growth rate is predicted to be 3.7% between 2024 and 2034. The need for industrial absorbents is being driven by the widening range of industries, such as …
The vinyl ester market size is likely to be worth USD 1.4 billion in 2024. The demand for vinyl ester is projected to spike at a CAGR of 6.4% through 2034. The industry is likely to surpass USD 2.6 billion by 2034. The vinyl ester industry is propelled by its exceptional corrosion resistance properties, making it a preferred choice in …
The roll-dried starch market is on an impressive growth trajectory, with its current market size estimated at around USD 834 million in 2024. According to FMI’s analysts, this burgeoning market is projected to achieve a CAGR of 4.9%, reaching a staggering USD 1,393.1 million by 2034. This substantial expansion underscores the rising prominence of roll-dried …
The cybersecurity insurance market is expected to reach USD 11.5 Billion in 2022, registering a CAGR of 18.2% from 2022 to 2032. Growing security threats and financial losses are expected to push the market for cybersecurity insurance to USD 61.2 Billion by the end of 2032. Business owners regularly purchase insurance policies to keep themselves protected from a variety …
