Electrical steel coatings are known as pigmented coatings that help in insulating silicon steel sheets of generators and motors. These unique coatings are drastically being utilized throughout the construction of electrical equipment like transformers and motors in order to prevent corrosion, eddy current losses, hysteresis losses, and anomalous losses. Besides this, they also offer excellent …
Monthly Archives: August 2024
Cheese Analogue Market to Expand USD 4,052.6 Million by 2033, Driven by 6.5% CAGR and Rising Non-Dairy Alternatives
Cheese Analogue Market The cheese analogue market is expected to increase at a 6.5% CAGR from 2023 to 2033, above the 6.2% CAGR witnessed between 2018 and 2022. This increase in growth rate indicates rising demand for cheese analogue products, resulting in a significant increase in market value from US$ 2,232.4 million in 2023 to US$ 4,052.6 …
Rising Construction Demands Propel Coated Fabrics Market to New Heights: Reach USD 73.8 Billion by 2033
The global coated fabrics market, valued at approximately USD 45.3 billion in 2023, is poised for significant growth, driven by the expanding building and construction sector. This growth trajectory is expected to continue at a CAGR of 5.0% from 2023 to 2033, with the market projected to reach around USD 73.8 billion by 2033. The …
Bio-Plastic Industry on the Rise: Forecasts Predict a USD 1,353.3 Billion Market Valuation by 2033
The global bio-plastic market, valued at approximately USD 96.6 billion in 2023, is poised for significant growth, with projections estimating it will soar to USD 1,353.3 billion by 2033. This remarkable expansion is driven by a robust compound annual growth rate (CAGR) of 30.2% over the forecast period from 2023 to 2033. The increasing demand …
Future Outlook: Automotive Performance Tuning and Engine Remapping Services Market to Reach USD 1,100 Million by 2033, with a CAGR of 6.4% | FMI Reports
Automotive Performance Tuning and Engine Remapping Services Market The automotive performance tuning and engine remapping services market is poised for substantial growth, with projections estimating it will reach USD 1,100 million by 2033, driven by a steady compound annual growth rate (CAGR) of 6.4% over the next decade. This growth is fueled by ongoing technological …
Sustainable Growth: Biobased Biodegradable Plastic Market Set for 10% CAGR Through 2033
The biobased biodegradable plastic market is experiencing significant growth, with its value projected to reach USD 5.2 billion in 2023. Driven by increasing environmental concerns and a shift towards sustainable materials, the market is expected to expand at a robust CAGR of 10% over the next decade, reaching an estimated USD 13.6 billion by 2033. …
Global Car Security System Market Projected to Reach USD 40 Billion by 2033, Growing at a CAGR of 11.4% | FMI Reports
Car Security System Market The global car security system market is projected to reach USD 13.5 billion in 2023 and is expected to grow to USD 40 billion by 2033, with a robust compound annual growth rate (CAGR) of 11.4% over the forecast period. This growth is driven by the implementation of stringent vehicle security …
Compact Loader Market Growth Projections: Set to Reach USD 7,092.50 Million by 2034 with a 3.1% CAGR | FMI Reports
Compact Loader Market The global compact loader market is poised for notable growth, projected to reach USD 5,226.52 million by 2024. Despite a moderate CAGR of 3.1% from 2024 to 2034, the market is expected to expand significantly, with a forecasted valuation of USD 7,092.50 million by 2034. The primary driver of this growth is …
EV Charging Cable Market Set to Hit USD 16,992.56 Million by 2034, Growing at a Remarkable 22.24% CAGR | FMI Reports
EV Charging Cable Market Following an in-depth analysis of the electric three-wheeler industry, FMI has published a new report on the EV charging cable market. The report projects that sales of EV charging cables will reach USD 2,281.63 million in 2024. Given current trends, demand is expected to surge, driving the market to an estimated …
EV Charging Station Market Set for Explosive Growth: Expected to Hit USD 122.8 Billion by 2033, with a CAGR of 18.3% | FMI Reports
EV Charging Station Market In 2018, the global market for electric vehicle (EV) charging stations was valued at USD 3.8 billion. By 2022, the market saw impressive growth, expanding by 52.4% year-over-year. Projections for 2023 suggest the market will reach USD 22.9 billion in sales. Looking ahead, the EV charging station market is expected to …