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The Asia Pacific Manufacturing Execution Systems (MES) Market is expected to see substantial growth over the next decade, as industrialization surges across the region and the manufacturing sector intensifies its focus on digital transformation. According to the latest report from FMI, the Asia Pacific MES market size was valued at USD 12,435.0 million in 2022 …
Continue reading “Manufacturing Execution Systems (MES) Market to Reach $27.6 Bn by 2032”
The global glacial acetic acid industry size is projected to be valued at USD 8801.6 million in 2024 and further increase at a CAGR of 6.5% during the forecast period. Worldwide sales of glacial acetic acids are set to total USD 16521.8 million by 2034. The demand for glacial acetic acid is driven by the growth of the chemical sector, particularly in Asia, …
The global oxalic acid market size is expected to attain a valuation of USD 960 million in 2023 and is anticipated to reach USD 1550 million by 2033, trailing a CAGR of 4.9% during the forecast period. Oxalic acid plays a crucial role in various biological processes, impacting seed germination, calcium storage and regulation, iron …
The global sulphur hexafluoride market size is projected to amass a revenue of USD 487.93 million by 2033 as opposed to USD 288.37 million in 2023. The market is set to expand at a CAGR of 5.4% from 2023 to 2033. Escalating demand for electronic devices and electricity, as well as the increasing adoption of …
Increasing use of transportation fuel is likely to have a direct impact on the demand for refinery catalysts, according to a recent report published by Future Market Insights (FMI). The evolving composition of transportation fuel composition requirements to match the environmental regulations and changes in engine design are expected to drive the refinery catalyst market. Catalytic …
The demand from the fertilizers segment remains steady and even surges in emerging economies. The projected growth rate of the ammonium phosphate industry size is approximately 3.3% over the course of the forecast period (2019 to 2029). Other end-use industries such as electronics and optics are complementing the growth of the ammonium phosphate market. Stringent regulatory norms …
The global feldspar industry size is expected to grow at a CAGR of 5.5% over the forecast period from 2019 to 2029. In addition, the rising need for electronics and an increasing number of construction activities are some of the other dynamics that will continue to raise the demand for feldspar. Increasing demand for glass and ceramic …
According to Future Market Insights (FMI), the worldwide demand for paraffin wax market is expected to reach USD 10509.6 million in 2024 and USD 18253.6 million by 2034. The market is projected to rise at a CAGR of 5.7% by 2034. The industry is experiencing dynamic changes due to increasing demand from various industries, such as packaging, healthcare, and cosmetics. Sustainability efforts and creative uses …
The global polyvinyl chloride market size is estimated to reach USD 70156.2 million by 2024 and is set to grow at a CAGR of 3.6% from 2024 to 2034. It is estimated that worldwide sales of polyvinyl chloride will total USD 100115.7 million by 2034, driven by the increasing application of PVC in the healthcare sector. PVC flooring is affordable, durable, and easy …
The global polycarbonate sheet industry value reached USD 1975.9 million in 2023. Over the forecast period, the value is anticipated to rise at 5.1% CAGR. The market is predicted to increase from USD 2076.6 million in 2024 to USD 3415 million in 2034. The global polycarbonate sheets market growth is set for propitious growth, invigorated by …
