A recent study by FMI has forecasted a remarkable trajectory for the global emulsion explosive market, projecting a robust Compound Annual Growth Rate (CAGR) of 5.2%. By 2033, the market is anticipated to exceed a valuation of USD 4,587.91 million, building upon its already substantial worth of USD 2,763.49 million as of 2023. Emulsion explosives (EE), …
Monthly Archives: November 2024
FMI Report: Non-PVC Plasticizers to See Exponential Growth in Healthcare and Medical Products by 2026
Worldwide demand for non-PVC plasticizers is witnessing a sheer proliferation in line with rising end-user inclination for cost-effective & reliable additives. The non-PVC plasticizers market size is estimated to witness sales growing at a CAGR of over 3.5% through 2026, as per the latest research study by Future Market Insights (FMI). According to the FMI report, non-PVC …
Global Landscaping Boom: Rising Demand for Hardscaping Solutions Drives Growth in Polymeric Sand Adoption
The polymeric sand market size is estimated to be around USD 127.05 billion in 2024. It is projected to exhibit a CAGR of 7.00% over the forecast period and reach a market size of USD 249.94 billion by 2034. With the revival of the construction sector, especially after the pandemic, polymeric sands are experiencing increasing demand from …
Calcium Sulfate: The Key to Enhanced Root Development and Sustainable Agriculture Practices
In 2023, the calcium sulfate industry share is expected to be worth USD 266.84 billion, and by 2033, it is anticipated to reach USD 338.54 billion. Calcium sulfate sales are anticipated to increase at a CAGR of 4.1% over the forecast period. With a melting point of 1,400°C, calcium sulfate is an odorless, white, crystalline powder. …
Global Medical Grade Coatings Market Sales to Reach USD 19.8 billion by 2033
According to the Centers for Medicare and Medicaid Services, the health care spending in the United States. grew by 4.6% in 2019, reaching USD 3.8 trillion. With a focus on healthcare and modern treatment poised to surge, the USA will emerge as a highly lucrative market for medical grade coatings. Future Market Insights forecasts robust …
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Proximity Sensor Market: A Steady 6.5% CAGR Forecasts Growth to US$ 8.80 Billion by 2033
The proximity sensor market is likely to be worth US$ 4.69 billion in 2023. The market is expected to reach US$ 8.80 billion by 2033, at a CAGR of 6.5% during the forecast period. The rising demand for automation across many sectors is a key motivator. By detecting the presence or absence of items and allowing smooth and effective operations, proximity …
FMI Study Projects Power Transformer Market Size Anticipated to Drive Past USD 39.3 Billion by 2033, Surging at 5% CAGR
From 2023 to 2033, the power transformer market is projected to grow at a 5% CAGR, with a global market value of USD 24.1 billion in 2023. According to Future Market Insights (FMI), the market is anticipated to surpass USD 39.3 billion by the end of 2033. In order to transmit electricity between networks with minimal loss …
Global Robotics Prototyping Market for 2023 to 2033: Projected Growth at 8.2% CAGR, Reaching USD 12.1 Billion
The global Robotics Prototyping Market is expected to witness substantial growth in the coming decade, driven by increasing automation across industries and the demand for rapid, cost-effective prototyping solutions. Valued at approximately USD 3.8 billion in 2023, the market is set to expand at a compound annual growth rate (CAGR) of 8.2%, reaching a projected …
Litigation Funding Investment Market is Projected to Grow at a Strong CAGR of 9.6% by 2033 | Future Market Insights, Inc.
The litigation funding investment market is predicted to be worth USD 17,160.8 million in 2023 and rise to USD 43,048.3 million by 2033. Demand was initially expanding at a market CAGR of 7.5% between 2018 and 2022. A lucrative road map for the litigation funding investment business is expected to be outlined as a result of the …
Power over Ethernet Solutions Market is Expected to See a Growth of 9.2% CAGR by 2033 | FMI
According to Future Market Insight, the global power over Ethernet (PoE) solutions market is projected to reach a value of USD 2.5 billion by 2033, registering a CAGR of 9.2%. This is a considerable increase from its present value of USD 1.0 billion in 2023. The increasing demand for cost-effective communication is primarily driving market growth. Implementing …