Future Market Insights projects that the automotive die-casting lubricants industry size will reach US$ 129.18 million by 2023 and US$ 256 million by 2033, expanding at a CAGR of 7%. A growing urban population, coupled with rising automobile sales, will drive demand for automotive die-casting lubricants. Additionally, renewable energy technologies and measures to conserve energy are …
Monthly Archives: August 2024
Ammonium Thiosulfate Market Growth Driven by Increased Packaged Food Demand and Agricultural Development
The ammonium thiosulfate industry size was expected to be worth close to USD 345.4 million in 2022. By 2033, the same market is anticipated to have generated USD 719.6 million, with a CAGR of 6.9% from 2023 to 2033. Ammonium thiosulfate inhibits growth at a high agronomic rate of 250–5000 mg/kg soil, increasing the soil’s fertility. …
Rising Automotive Sales Drive Demand for 1,4-Dicyclohexylbenzene in Additives and Coatings
As per a recent market survey by Future Market Insights (FMI), the global 1,4-Dicyclohexylbenzene market growth is estimated to grow by 3.7% annually through 2031. After countering the initial impact of the COVID-19 outbreak, recovery of the market is on the card. As per FMI, the market registered year-over-year growth of 3.9% in 2020-2021. As per FMI’s …
Polyimide Fibers Market to Surpass USD 569.5 million in 2033, with a 5.4% CAGR
Polyimide fibers are increasingly used in the manufacture of protective apparel due to their outstanding flame-retardant potential. Polyimide fibers are now widely utilized in the production of protective equipment, such as the outer shell of army uniforms, firefighters’ jackets, industrial protective gear, and others. In 2023, the polyimide fibers market sales are projected to generate revenue exceeding USD 517.5 million. The …
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1,4-Diisopropylbenzene Market Insights: Expected Valuation of USD 179.2 million in 2033 with a 4.1% CAGR
The global 1,4-diisopropylbenzene industry share is anticipated to reach a valuation of USD 119.9 million in 2023, driven by increasing demand for solvents and cleaning agents. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.1% between 2023 and 2033, and reaching a total valuation of approximately USD …
Sodium Lactate Market Forecast: 8.9% CAGR Expected as Demand Soars for Natural Food Additives and Pharmaceutical Solutions
Over the projection period, sales in the sodium lactate industry are expected to increase at a CAGR of 8.9%. The industry is predicted to be valued at USD 165 million in 2023 and USD 390 million by 2033. As consumers increasingly seek clean-label products, there is a growing opportunity for sodium lactate as a natural …
Phosphates Market Sales to Reach USD 21.4 billion by 2033: Growth Driven by Technological Advancements in Phosphate-Based Batteries
The global phosphates industry size is anticipated to reach a valuation of USD 16.8 billion in 2023, driven by increasing demand for specialty phosphates. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 2.4% between 2023 and 2033, and reaching a total valuation of approximately USD 21.4 billion by …
Global Pet Care Packaging Market to Reach USD 15.7 Billion by 2033 at a CAGR of 4% | FMI
The global pet care packaging market, currently valued at USD 10.6 billion in 2023, is projected to grow steadily and reach USD 15.7 billion by 2033. The market is set to expand at a compound annual growth rate (CAGR) of 4% over the forecast period, driven by rising demand for durable, lightweight, cost-effective, and versatile …
Container Weighing Systems Market Set to Achieve 3.4% CAGR, Anticipated to Reach US$4,754.1 Million by 2033
Container Weighing Systems Market: A Journey of Robust Growth and Measured Challenges The Container Weighing Systems Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Container Weighing Systems market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market …
China Elevator Ropes Market Forecasted to Achieve US$ 320.5 Million by 2033 with a 4.5% CAGR
The China elevator ropes Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the China elevator ropes market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for China elevator ropes. It furnishes intricate revenue …