New Product Development
The direct reduced iron market value is expected to rise from USD 28,195.90 million in 2024 to USD 60,013.60 million by 2034. This market is analyzed to surge ahead at a CAGR of 7.60% over the next decade. Significant changes in the steel industry are pushing forward the demand for direct reduced iron. Presently, the steel …
Continue reading “Decarbonizing Steel: The Rise of Direct Reduced Iron in a Green Future”
Barite, a mineral composed primarily of barium sulfate (BaSO₄), is essential in various industries due to its high density and inert properties. As a key component in the oil and gas sector, as well as in the production of certain chemicals and electronics, the barite market is influenced by a multitude of factors that drive …
The global bioimpedance device market is poised for remarkable growth, with a forecasted Compound Annual Growth Rate (CAGR) of 6.8% from 2024 to 2034. The market, currently valued at approximately USD 650.5 million in 2024, is expected to reach an estimated USD 1,255.9 million by 2034, driven by the rising focus on preventive healthcare and …
According to Future Market Insights (FMI), the global polypropylene yarn market value is projected to reach USD 18,177.8 million in 2024 and USD 30,317.9 million by 2034. Over the assessment period, global demand for polypropylene yarn is predicted to surge at a CAGR of 5.2%. The global polypropylene (PP) yarn market is anticipated to be influenced by the growth of the textile …
The global hydrocephalus shunt market is on a steady growth trajectory, with a current valuation of USD 546.09 million in 2024 and a projected market value of USD 692.25 million by 2034, according to a recent report by Future Market Insights (FMI). This growth reflects a Compound Annual Growth Rate (CAGR) of 2.40% during the …
Future Market Insights (FMI), a leading provider of market intelligence and consulting services, has unveiled a promising forecast for the global oxycodone market, projecting substantial growth in the coming years. According to FMI’s latest report, the oxycodone market is set to reach an impressive valuation of USD 8.92 billion by 2033, driven by a robust …
The global vision care market is on a robust growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of 7.2% from 2023 to 2033, according to the latest market analysis. Valued at USD 89,596 million in 2023, the market is anticipated to nearly double, reaching an estimated USD 1,78,930.9 million by 2033. This significant …
The global MRI guided neurosurgical ablation market is set for continued expansion, according to a recent report by Future Market Insights (FMI). Demonstrating significant growth in 2021 with revenues reaching USD 154 million, the market is projected to achieve USD 216.3 million by 2028. This growth reflects a steady compound annual growth rate (CAGR) of …
The global oxalic acid market is expected to attain a valuation of USD 960 million in 2023 and is anticipated to reach USD 1550 million by 2033, trailing a CAGR of 4.9% during the forecast period. Oxalic acid plays a crucial role in various biological processes, impacting seed germination, calcium storage and regulation, iron balance, detoxification, structural strength, and insect repellency. …
The estimated market leap of the bakery product market is at a CAGR of 3.80%, which promises the market to reach USD 354.02 billion by 2034. Moreover, by 2024, the market is expected to reach USD 244.14 billion. Due to rapid urbanization, the speed of an individual’s life has also increased. As a result, people have started to rely more on fast …
