The global oilfield chemicals market (Markt für Ölfeldchemikalien) is predicted to grow at a compound annual growth rate (CAGR) of 4.5% throughout the forecast period, from its estimated valuation of USD 28534.31 million in 2023 to USD 44580 million by 2033. The global market is anticipated to be driven by increasing demand for oilfield chemicals in various …
Monthly Archives: August 2024
Artificial Turf Market Set to Grow at 8% CAGR Through 2033, Driven by Residential Applications
The artificial turf market (marché du gazon artificiel) is poised for significant growth, with an anticipated expansion at a compound annual growth rate (CAGR) of 8% from 2023 to 2033. This surge is primarily driven by the increasing popularity of sports events and the rising demand for landscaping solutions in both commercial and residential sectors. As …
Molybdenum Market Set for Growth Amid Rising Use in Thermal Coatings and High-Temperature Applications
The molybdenum market (marché du molybdène) is experiencing substantial growth, with its size projected to reach USD 316.0 billion in 2023 and surge to USD 500 billion by 2033. This impressive increase is driven by a robust CAGR of 4.7% throughout the forecast period. The expanding demand for molybdenum, a key element in steel alloys …
Global Spirits Market Expected to Expand at Nearly 4% CAGR, Surpassing USD 90,288.9 Million. by 2033
According to Future Market Insights (FMI), the global spirits market was valued at USD 59,408 million in 2023. The market is expected to grow at a CAGR of approximately 4% during the forecast period. By 2033, global spirits sales are projected to reach around USD 90,288.9 million. A major driver of growth in the spirits …
Explosive Growth in Gluten-Free Foods: Market to Expand at 7% CAGR and Reach USD 11,587 Million by 2034
The global gluten-free food market is projected to reach approximately USD 5,870 million in 2024. Sales of gluten-free products are expected to grow at a steady CAGR of 7% over the forecast period. By 2034, the market’s valuation is anticipated to approach USD 11,587 million. Increased consumer awareness and the rising incidence of celiac disease …
Robust Growth in Beetroot Powder Sales: Market Valuation to Increase at 4.6% CAGR Over the Next Decade
The global beetroot powder market was valued at USD 474.7 million in 2023. Growth is expected to be driven primarily by its increasing nutritional benefits and diverse applications. Sales of beetroot powder are projected to rise at a robust CAGR of 4.6% from 2023 to 2033, reaching approximately USD 741.7 million by the end of …
Rising Trends in Single-Serve Wine: Market to Expand at 3.4% CAGR Through 2032 | Future Market Insights Inc.
The single-serve wine market is expected to reach USD 483.1 Million in 2022 and surpass USD 674.9 Million by 2032, at a CAGR of 3.4% during the forecast period (2022-2032). Growth in the market is driven by the rising consumption of convenient and high-quality beverages across the globe. Increased adoption of single-serve wine is primarily due to the product’s versatility in application. Small …
Navigating Nata de Coco’s Market Potential: Trends and Projections for 2024-2034
FMI has released a new report on the nata de coco market, revealing a current valuation of USD 807.4 million in 2024. By tapping into trends like functional foods, convenience, and on-the-go snacking, businesses can drive revenue growth. The analysis suggests that demand could push the market valuation to USD 1,489.70 million by 2034, with …
Continue reading “Navigating Nata de Coco’s Market Potential: Trends and Projections for 2024-2034”
Emerging Economies Lead the Charge in Construction Chemical Demand, Market Valuation to Hit USD 79.5 Billion by 2034
The construction industry is witnessing a surge in activities post the pandemic, and this has resulted in an increased demand for materials associated with infrastructure development. One such material is construction chemicals, which are getting substantial attention from companies involved in construction, be it private or public. The construction chemical market (marché des produits chimiques pour …
Smart Label Market is Predicted to Reach USD 21.1 Billion, Globally by 2034 at 10.3% CAGR: Future Market Insights, Inc.
The global smart label market value is expected to rise from USD 8.0 billion in 2024 to USD 21.1 billion by 2034. This estimated growth is expected to be driven by a promising CAGR of 10.3% in the smart label industry over the next decade. Increasing cognizance about the myriad benefits of using smart labels, especially for businesses, like real-time inventory tracking, enhanced …