The global ponceau 4R food colors market is set to witness growth at a CAGR of 2.7% and top a market valuation of US$ 8.2 Mn by 2032. Currently, the market stands at US$ 6.1 Mn by value. Ponceau 4R is a strawberry red azo dye which is used in a variety of food and beverage products. …
Monthly Archives: August 2024
Europe Vehicle Remote Diagnostic Market is Expected to Reach a Strong Valuation of USD 6,001.1 Million by 2033 | FMI
The Europe vehicle remote diagnostic market is forecasted to expand at 14.4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 1,810.2 million in 2023 and USD 6,001.1 million by 2033. The Europe region is currently suffering from an extreme deficit of drivers. As a …
Boat Trailers Market Projected to Reach USD 1,590 Million by 2033, Growing at a 4.5% CAGR | FMI Reports
Boat Trailers Market In 2022, the global boat trailers market reached a consensus value of USD 978.7 million and is projected to be approximately USD 1,023.9 million in 2023. The market is anticipated to grow at a modest CAGR of 4.5% from 2023 to 2033, potentially reaching USD 1,590 million by 2033. Boat trailers offer several unique selling points (USPs), such as customization options, various …
Low Rolling Resistance Tire Market Projected to Hit USD 54 Billion by 2033, Growing at an 11.3% CAGR | FMI Reports
Low Rolling Resistance Tire Market The low rolling resistance tire market is poised for substantial growth, with forecasts predicting it will reach USD 54 billion by 2033, driven by a strong compound annual growth rate (CAGR) of 11.3%. This expansion is largely attributed to the rising demand for fuel-efficient vehicles and the increasing focus on reducing carbon emissions. Low rolling …
Rust Remover Market Set for Robust Growth: Projected to Reach USD 817.7 Million by 2033
The global rust remover market is projected to achieve a valuation of USD 531.6 million in 2023 and is expected to grow steadily at a CAGR of 4.4% over the next decade, reaching USD 817.7 million by 2033. This growth is driven by the rising demand for rust removers across various end-use industries, where …
Industrial & Institutional Cleaning Chemicals Market Poised for Significant Growth Through 2033
The global market for industrial and institutional cleaning chemicals is projected to reach a value of USD 76.7 billion in 2023, driven by increasing demand for effective cleaning and sanitation solutions across various industries. With a compound annual growth rate (CAGR) of 7.5% from 2023 to 2033, the market is expected to nearly double, …
Global Multigrain Premix Market is Expected to Hit USD 483.3 Million with a 7.8% CAGR by 2032
According to a recent report by Future Market Insights, multigrain premix market are estimated to reach a valuation of US$ 483.3 Mn by 2032, surging at a 7.8% CAGR through the assessment period. Due to changing consumer preferences, multi-grain premixes are gaining popularity for use in bakery applications as the bakery industry has been flooded with new products …
Robust Growth Forecast in Refrigeration Oil Market, Projected to Hit USD 2.3 Billion by 2033
The global refrigeration oil market is projected to reach a valuation of USD 2,332.9 million by 2033, driven by robust growth in demand across various industries. With a compound annual growth rate (CAGR) of 4.9% during the forecast period, this expansion is fueled by the increasing adoption of refrigeration systems in sectors like food …
India Online Grocery Market Globally to Achieve USD 6.8 billion Valuation with a 7.8% CAGR by 2033
The India online grocery market size is projected to surpass US$ 3.2 billion in 2023 and is estimated to reach a valuation of US$ 6.8 billion by 2033. The India online grocery market share is projected to thrive at a CAGR of 7.8% from 2023 to 2033. In Indian cities, the trend toward urbanization has produced more …
Rising Demand for Electricity Fuels Growth in Electrical Steel Market: Reach USD 44.3 Billion by 2033
The global electrical steel market, valued at USD 42,135.7 million in 2023, is projected to reach USD 44,326.7 million by 2033, growing at a CAGR of 6.5% over the decade. This growth is driven by the rising demand for electricity across key sectors such as energy, automotive, and manufacturing. As these industries continue to …