The global renewable methanol market share is poised for substantial growth, projected to expand at a compound annual growth rate (CAGR) of 6.6% during the forecast period, reaching over USD 398.1 million by 2033. As it is used in the chemical sector to make acetic acid, formaldehyde, and plastics, there is expected to be an increase in …
Monthly Archives: September 2024
Pocket Containers Market to Reach USD 429.2 Million by 2032, Driven by Growing Demand for Compact and Portable Packaging Solutions
The global pocket container market is on a steady growth trajectory, expected to reach US$429.2 million by 2032, with a projected CAGR of 4.5% from 2022 (US$276.4 million). This press release explores the key trends driving this market surge. Compact Packaging Solutions for Modern Lifestyles Consumers today seek convenience and portability. Pocket containers cater to this need …
Global Dairy Product Packaging Market to Reach USD 43.1 Billion by 2034, Driven by Rising Demand for Single-Serve and On-the-Go Options
Dairy Product Packaging Market The global dairy product packaging market is projected to experience steady growth over the next decade, expanding at a compound annual growth rate (CAGR) of 2.7%, according to a new report. The market, valued at USD 33.0 billion in 2024, is expected to reach USD 43.1 billion by 2034. Growing consumer …
Global Decorative Paints Market to Surpass USD 108 billion in 2033, Fueled by Construction Boom and Urbanization, Says FMI
Decorative paint industry innovation and growth have increased significantly in recent years. As an eco-friendly and sustainable paint option has become more popular, manufacturers have spent a great deal of time in research and development to create low-VOC water-based paints and other environmentally friendly finishes. According to Future Market Insights, the decorative paints industry size is expected to …
Global Plastic Caps & Closures Market to Reach USD 76.95 Billion by 2033, Fueled by Beverage Industry Growth
Plastic Caps & Closures Market The global plastic caps & closures market is on track for substantial growth over the next decade, driven primarily by developments in the food and beverage sector. According to a new report by Future Market Insights (FMI), the market is projected to reach a valuation of USD 45.91 billion by …
Acetone Market Soars: Projected USD 13,521.8 million by 2034, Driven by Solvent Demand in Paints, Adhesives, and Coatings
With personal care products becoming increasingly popular, acetone sales are on the rise. The industry expects the size of the acetone industry to reach USD 6,955.1 million by 2023 and USD 13,521.8 million by 2034, and grow at a CAGR of 6.3%. Acetone is widely used to clean damaged paint. In addition to being able to …
Industrial Pail Market Expected to Reach USD 1.8 Billion by 2034, Driven by Pharmaceutical and Chemical Demand
Future Market Insights (FMI) has released a detailed report on the industrial pail market, predicting a gradual growth trajectory with a compound annual growth rate (CAGR) of 1.90% from 2024 to 2034. This growth is anticipated to elevate the market valuation from approximately USD 1.7 billion in 2024 to around USD 1.8 billion by 2034, …
Industrial Pail Market Forecasted to Reach USD 1.8 Billion by 2034, Driven by Pharmaceutical and Chemical Industries
Industrial Pail Market A recent report by Future Market Insights (FMI) has unveiled a comprehensive analysis of the industrial pail market, revealing that sales are expected to grow at a modest CAGR of 1.90% from 2024 to 2034. This growth is projected to elevate the market valuation from approximately USD 1.7 billion in 2024 to …
Metal Can Market Set to Experience Steady Growth, Projected to Reach USD 49.3 Billion by 2034 with a CAGR of 2%
Metal Can Market The global metal can market is anticipated to witness consistent growth throughout the forecast period, expanding at a CAGR of 2%. The market value is expected to rise from USD 40.4 billion in 2024 to USD 49.3 billion by 2034, driven by a combination of social, economic, and environmental factors that are …
Confectionery Packaging Market Poised for Growth, Expected to Reach USD 17.50 Billion by 2033 with a CAGR of 4.4%
The global confectionery packaging market is poised for significant expansion, fueled by increasing demand for lightweight, protective, and visually appealing packaging solutions among confectionery manufacturers. According to forecasts, the market is expected to grow at an average compound annual growth rate (CAGR) of 4.4% during the forecast period, reaching a revenue of US$ 11.37 billion in 2023 and …