Thermic fluids, also known as heat transfer fluids, are the lifeblood of many industrial processes. These specialized fluids circulate through closed-loop systems, efficiently transferring heat from a source to various applications. The thermic fluid market is experiencing steady growth, driven by a unique blend of strengths and a dynamic regional landscape. The thermic fluid market is …
Monthly Archives: October 2024
Global Portable Oxygen Concentrator Market to Reach USD 4.3 Billion by 2034, Fueled by Technological Advances and Growing Demand for Home Healthcare Solutions
According to a revised research study by Future Market Insights, the global portable oxygen concentrator market is set to witness remarkable growth, projected to reach a value of USD 4.3 billion by 2034, up from USD 2.2 billion in 2024. The market is expected to grow at a CAGR of 6.7% during the forecast period, …
Expanding Fire Retardant Fabrics Market Driven by Industrialization and Safety Regulations
The global fire-retardant fabrics market is expected to witness significant growth, reaching a value of USD 6.27 billion by 2032, expanding from USD 3.5 billion in 2022 at a compound annual growth rate (CAGR) of 6% from 2022 to 2032. The rising demand for flame retardants is driven by their increasing use across various industries, …
2-Hexyldecanol Market Poised for Expansion Driven by Growth in Personal Care and Emerging Economies
The 2-hexyldecanol market has experienced substantial growth in recent years, with a global market size of USD 75 billion in 2022. Projections indicate a promising upward trajectory, expecting to reach USD 111 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4%. This growth is propelled by various driving factors, reflecting the compound’s versatile …
Test and Measurement Equipment Market to Exceed USD 61.5 Billion by 2034, Growing at 5.6% CAGR
The test and measurement equipment market is projected to grow at a 5.6% CAGR through 2034, with its value increasing from USD 35,684.4 million in 2024 to over USD 61,534.3 million by 2034. The rising demand for precise and reliable test and measurement equipment spans across industries such as telecommunications, aerospace, automotive, and healthcare. This …
Global Cocoa Market to Reach USD 23.98 Billion by 2033, Driven by Rising Demand in Confectionery Industry
Cocoa Market According to Future Market Insights (FMI), the global cocoa market is estimated to reach US$ 15,156.7 million in 2023 and further accelerate at 4.7% CAGR throughout the assessment period. By 2033, the market size is set to attain a valuation of US$ 23,981.1 million. Growing applications of cocoa across thriving confectionery industry is a key factor driving the global cocoa market …
Surge Arrester Market to Reach USD 4,277.3 Million by 2033, Driven by a Steady 5.0% CAGR
The surge arrester market is projected to be valued at USD 2,625.8 million in 2023, with a steady CAGR of 5.0% from 2023 to 2033. This growth is expected to bring the market to an estimated valuation of USD 4,277.3 million by 2033. Several key drivers are fueling the surge arrester industry’s expansion. The increasing …
On-the-Go Breakfast Products Market to Reach USD 1,500 Million, Driven by Changing Dietary Habits and Fast-Paced Lifestyles
In 2015, the global on-the-go breakfast products market was valued at nearly US$ 1,200 Mn, which is expected to reach US$ 1,500 Mn by 2021 end, registering a CAGR of 4.2% over the forecast period (2019 – 2026). In today’s fast-paced world, leisurely breakfast meals are increasingly becoming a thing of the past. The rapid acceleration of daily …
Micellar Casein Market to Reach USD 933 Million by 2034, Growing at 5.5% CAGR Amid Rising Demand for Muscle Growth Supplements
The micellar casein market size in 2024 is anticipated to reach US$ 578.5 million, showcasing robust and steady growth due to surging health-conscious consumers. Looking ahead to 2034, the demand for micellar casein protein powder is projected to surge significantly to US$ 933.0 million. The compound annual growth rate (CAGR) from 2024 to 2034 stands at an …
Global Guarana Market Projected to Grow at 7.3% CAGR, Driven by Demand for Caffeine Alternatives and Energy Drinks
In terms of value, the global Guarana market is projected to register a healthy CAGR of 7.3% during the forecast period (2016-2026). This is attributed to various factors, regarding which Future Market Insights offers vital insights in detail. Guarana being the best alternative to caffeine is expected to create massive demand over the forecast period due to …