According to Future Market Insights (FMI) recently published report, the global transportation coating market will account for revenues of over USD 12 Billion by 2022-end. The report has projected the future of transportation coatings as being important industrial materials for utilisation in the transportation sector for the five year assessment period (2017-2022). The report also …
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Revolutionizing Infrastructure: Biodegradable and Smart Geosynthetics Pave the Way for Sustainable Construction
The geosynthetic market size is expected to reach USD 15,177.60 million in 2023. The market is predicted to reach a value of USD 16,710.54 million by 2033. Between 2023 and 2033, the market is expected to register a growth rate of 10.1%. Geosynthetics can create highly efficient barriers, reducing space requirements, and enhancing road access. As geosynthetics are increasingly used …
How the Construction of New Nuclear Reactors is Driving Boron Carbide Adoption in the Energy Sector
The boron carbide market is expected to display a CAGR of 5.3% from 2023 to 2033. In 2023, its value is projected to increase to USD 153.9 million. In 2018, the size of the global boron carbide market was USD 136.7 million. The demand for boron carbide is anticipated to increase to USD 256.8 million …
Global Friction Modifier Additives Market Surges with Rising Automotive Production and Energy Efficiency Focus
From 2018 to 2022, the global friction modifier additives market size experienced moderate growth, with a CAGR of approximately 3.2%. This expansion was driven by the increasing use of these additives across various new end-use sectors and industries. Traditionally, friction modifier additives have been extensively applied in aviation lubricants to enhance engine performance and fuel …
Global Acid Proof Lining Market Set for Rapid Growth Amidst Rising Industrialization and Demand for Corrosion-Resistant Solutions
The acid proof lining market size is poised for significant growth, with an estimated market size of USD 6,747.17 million in 2023 and projected to reach USD 12,313.08 million by 2033. This growth trajectory reflects a robust Compound Annual Growth Rate (CAGR) of 6.2% from 2023 to 2033. As industries increasingly recognize the importance of …
Ceramic Tiles: The Sustainable Choice Transforming Home Décor and Global Commercial Architecture
The ceramic tiles industry growth is predicted to exhibit a 7.2% CAGR through 2033, as per FMI’s analysis. The industry’s size is predicted to extrapolate from USD 97.45 billion in 2023 to USD 195.31 billion by 2033. The industry is also underpinned by government initiatives to augment infrastructure growth. Other forces like foreign investment, surging per …
Growing Demand for Energy-Efficient Rail Transport Drives Train Battery Market Expansion | FMI Reports
The global Train Battery Market is projected to grow at a steady CAGR of 5.0% over the forecast period, increasing from USD 599.1 million in 2023 to an anticipated USD 975.9 million by 2033. This growth reflects a rising demand for energy-efficient and environmentally sustainable rail solutions as the industry shifts toward hybrid and battery-powered …
EV Transmission System Market Accelerates with Demand for High-Efficiency Electric Vehicles | FMI Reports
The EV Transmission System Market is projected to achieve remarkable growth, with an estimated valuation of USD 10,366.2 million in 2024. Driven by the surging demand for electric vehicles and advancements in transmission technology, the market is expected to expand at an impressive CAGR of 17.8% from 2024 to 2034, reaching a projected value of …
Railway Control Stands Market: Advancing Operational Efficiency and Safety in Train Control | FMI Reports
The global Railway Control Stand Market is valued at USD 1,537.3 million in 2023 and is projected to grow at a CAGR of 3.6% over the forecast period, reaching USD 2,189.6 million by 2033. This steady growth highlights the increasing demand for advanced, ergonomic control solutions in modern rail systems as railway operators worldwide invest …
Railway Emergency Valves Market Outlook: Technological Innovations Shaping Future Safety Solutions | FMI Reports
The Railway Emergency Valves Market is projected to achieve a robust CAGR of 5.4% from 2023 to 2033, expanding from USD 1,957.87 million in 2023 to an anticipated USD 3,312.77 million by 2033, according to research by Future Market Insights. This growth reflects a heightened focus on rail safety and emergency preparedness, with railway operators …