The global heat recovery steam generation (HRSG) market is projected to reach USD 1.31 billion in 2023 and grow to USD 2.03 billion by 2033, reflecting a Compound Annual Growth Rate (CAGR) of 4.5% over this period. This growth is driven by technological advancements in power infrastructure and the increasing demand for efficient and sustainable …
Author Archives: editor
Smart Water Grid Market: Envisaging a 6.5% CAGR Enroute to a Valuation of USD 48,683.6 Million by 2033
The smart water grid Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the smart water grid market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for smart water grid. It furnishes intricate revenue …
Global Glycolic Acid Market Set for Strong Growth, Projected to Reach USD 782.9 Million by 2034
In 2024, the global Glycolic Acid Market size is estimated at USD 499.4 million. By 2034, the market is forecasted to grow to USD 782.9 million, reflecting a CAGR of 4.6%. This growth is not limited to the cosmetics industry; glycolic acid also finds applications in industrial settings such as textiles, polymers, and cleaning agents. …
Hyaluronic Acid Market: Redefining Beauty Trends and Expanding into Fitness and Joint Health Applications
The global hyaluronic acid market size is projected to experience robust growth, maintaining a steady CAGR of 6.3% through 2034. Valued at USD 9,694.6 million in 2024, the market is anticipated to reach an impressive USD 17,927 million by 2034. This bullish trend is driven by increasing applications of hyaluronic acid in various sectors, …
Teak Veneer Sheet Market in USA and Canada to Reach USD 86.0 Million by 2033: FMI Report
The demand for teak veneer sheets in the USA and Canada is projected to thrive at a steady CAGR of 3.6% between 2023 and 2033. This growth is driven by increasing applications in furniture, interior design, and decorative paneling due to teak’s aesthetic appeal, durability, and resistance to moisture. Rising consumer preference for high-quality, sustainable …
Rising Industrial Demand Drives USA and Canada Alumina Market to USD 5,491.3 Million by 2032
The USA and Canada alumina market is poised for steady growth, with sales expected to witness a CAGR of 5.1% over the forecast period from 2022 to 2032. Driven by increasing demand across various industries such as automotive, construction, and electronics, the market is projected to reach a valuation of USD 5,491.3 million by the …
USA and Canada Potassium Sulfate Market to Reach USD 564.4 Million by 2032: FMI Study
The USA and Canada potassium sulfate market is projected to experience steady growth, reaching a valuation of USD 564.4 million by 2032. This growth is driven by increasing demand for potassium sulfate, particularly in the agricultural sector, where it is widely used as a premium fertilizer to enhance crop yield and quality. With a projected …
Boat Hook Industry Demand Set to Surge: Projected 5.8% CAGR to Reach USD 2,753.6 Million by 2034 | FMI Reports
Global boat hook sales reached USD 1,488.8 million in 2023, with the sector anticipated to experience a year-on-year growth of 5.4%, bringing the value to USD 1,569.1 million by 2024. Demand is expected to increase at a CAGR of 5.8% from 2024 to 2034, with the market likely to reach USD 2,753.6 million by 2034. The global …
Automotive Natural Gas Vehicle Industry Expected to Grow at a 7% CAGR Through 2032 | FMI Reports
The automotive natural gas vehicle (NGV) industry, while experiencing sales growth in recent years, remains in its early development stages. This market consists of vehicles powered by either compressed natural gas (CNG) or liquefied natural gas (LNG) and is expected to grow at a compound annual growth rate (CAGR) of 7% from 2022 to 2032. Industry …
Personal Watercraft Industry Projected to Reach USD 4.82 Billion by 2032, Growing at a 6% CAGR | FMI Reports
The global personal watercraft industry is projected to expand at a strong CAGR of 6%, reaching a substantial value by 2032, with an estimated market worth of USD 4.82 billion. The market is expected to maintain steady growth throughout the forecast period, driven in part by the increased use of PWCs by marine and water police forces. …