The edtech market, a burgeoning industry that has witnessed remarkable growth in recent years, reached a substantial valuation of US$ 74.2 billion in 2021. This rapid ascent is expected to continue, with forecasts predicting an impressive compound annual growth rate (CAGR) of 14.5% during the period from 2021 to 2031 By the end of this decade, the edtech …
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Sustainable Growth Projected for Global Sodium Silicate Market, Fueled by Eco-Friendly and Versatile Industrial Applications
The global sodium silicate market is set to grow at a steady CAGR of 3% during the forecast period (2019 – 2029), as projected by a new report of Future Market Insights (FMI). The growth is primarily fueled by the sodium silicate’s eco-friendly and non-toxic nature, which makes it ideal for numerous industrial applications such …
Stricter Environmental Regulations Fuel Demand for Refinery Catalysts Amidst the Drive for Cleaner Emissions, States Recent FMI Findings
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. Increasing use of transportation fuel is likely to have a direct impact on the demand for refinery catalyst, according to a recent report published by Future Market Insights (FMI). …
Challenges in Europe and North America’s Ammonium Phosphate Market as Regulations Drive Focus Toward Organic Fertilizers
Stringent regulatory norms regarding the use of inorganic fertilizers are hindering the growth of the ammonium phosphate market in the region. The primary focus of manufacturers in these two regions is on the use of organic fertilizers. The ammonium phosphate market in Europe and North America is projected to witness relatively moderate growth during the forecast period. …
Paraffin Wax Market Set for Remarkable Growth with a Projected CAGR of 5.7% to Reach US$ 15.98 billion by 2032
As per Future Market Insights’ latest industry analysis, the paraffin wax market size is expected to see a substantial CAGR of 5.7% and is projected to increase from US$ 9.2 billion in 2021 to US$ 15.98 billion by 2032. Due to their greater water resistance compared to packaging materials, paraffin wax market share is also anticipated to …
Dolomite Market Set to Surge: Anticipated to Reach US$ 5,487.1 million by 2033 Amidst Growing Demand for Low-Carbon Steel Products
According to forecasts, the dolomite market size is expected to be US$ 3,567.3 million in 2023 and US$ 5,487.1 million by 2033. Throughout the projection period, demand for low-carbon steel products is predicted to rise and support market expansion. Government-led fiscal stimulus is the main driver of the nation’s economic development, which boosts investor spending and company …
Polycarbonate Sheets Market Poised for Robust Growth, Fueled by Automotive and Construction Sectors, with Asia Pacific at the Helm
The global polycarbonate sheets market is set for propitious growth, invigorated by promising demand from automotive, and building & construction industries. Witnessing a projected CAGR of 4.3% over 2019-2029, this billion-dollar industry will receive noteworthy momentum from the Asia Pacific market. Expediting infrastructural activities in developing countries continue to create lucrative white spaces for manufacturers of polycarbonate …
Booming Urbanization and Industrialization Fuel Global Demand for Anti-Seize Compounds, Projected to Reach US$ 236.4 Million by 2029
According to the latest report by FMI, the global anti-seize compounds market is expected to reach a valuation of US$ 236 Million by 2029. Increasing urbanization and rapid industrialization are creating massive opportunities for the construction industry, and significantly contributing to the rising demand for anti-seize compounds. Substantial growth in the anti-seize compounds market is …
Nitric Acid Market Set to Surge: Projected to Reach US$ 42.7 billion by 2033 with a 3.3% CAGR
The nitric acid market is poised for growth, fueled by the rising demand from fertilizer formulators and the increased consumption of fertilizers in agricultural economies worldwide. Further, the growing need for food has driven the expansion of fertilizers and agricultural units globally, aiming to maximize crop yield, reduce cultivation time, and promote healthy crop growth. …
Ceiling Tiles Market Soars, Projected to Reach US$ 14,389.2 million by 2033, Fueled by Global Embrace of Innovative Designs and Sustainable Solutions
Ceiling tiles are becoming more popular throughout the world due to an increasing emphasis on decorating interiors and exteriors in commercial, industrial, and other fields. The growth in the construction and building industry has stimulated ceiling tile manufacturers to prosper. The Ceiling Tiles Market size is expected to reach US$ 35.2 Billion by 2023 and US$ 140 billion …