According to Future Market Insights (FMI), India industrial lubricants market size is expected to increase from US$ 1,954.2 million in 2023 to US$ 2,907.2 million by 2033. Over the next decade (2023 to 2033), sales of industrial lubricants in India are projected to rise at 4.0% CAGR. Rapid penetration of industrialization along with growing focus …
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Electric Vehicles Drive Demand: Battery Electrolytes Market Set for 7.7% CAGR through 2033
In 2023, the battery electrolytes market will probably be worth US$ 4 billion. The market is expanding as a result of rising demand for lithium-ion batteries and growing public awareness of renewable energy sources. By 2033, the market is anticipated to generate US$ 8.4 billion, with a 7.7% CAGR between 2023 and 2033. Factors contributing …
Mining Remanufacturing Component Market Analysis: Industry worth US$ 6.4 billion by 2034
The mining industry relies heavily on a fleet of hardworking machinery. But even the toughest equipment eventually shows signs of wear. This is where the mining remanufacturing component market steps in. By offering a second life to used components, this market promotes sustainability and cost-effectiveness for mining operations. Let’s delve into the current state of …
Icing Sugar Market Set for Strong Growth, Anticipates 6.78% CAGR by 2032
The icing sugar market refers to the market for a type of finely ground, powdered sugar that is commonly used in baking and confectionery to make frosting and icings for cakes, cookies, and other baked goods. Icing sugar is made from granulated sugar that has been ground to a fine powder and is often mixed with cornstarch …
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Market Trends: Salt Content Reduction Ingredients Industry Expected to Reach US$ 11,879.8 Million by 2033, with a CAGR of 9.3%
In 2023, the global salt content reduction ingredients industry is expected to be worth roughly US$ 4,882.1 million. The market is projected to expand at a robust 9.3% CAGR between 2023 and 2033, reaching a value of US$ 11,879.8 million by 2033. The increasing health concerns and awareness among consumers regarding the harmful effects of high salt …
Lavandula Oil Market Set for Robust Expansion, Projected to Reach US$ 1,636.5 Million Growth by 2032
The lavandula oil market is experiencing robust growth due to increasing consumer awareness of its therapeutic benefits. Rising demand for natural and organic products in cosmetics and aromatherapy is a key driver. Additionally, lavender’s versatility in the food and beverage industry fuels market expansion. Emerging economies contribute to the positive market outlook. Lavandula oil is an extract …
Ceramic Membranes: A Sustainable Solution for Water and Wastewater Treatment
In 2023, the ceramic membranes market size is expected to be worth US$ 5.45 billion. The market is expected to reach US$ 15.61 billion by 2033, expanding at 11.2% CAGR throughout the forecast period. Ceramic membranes offer excellent filtration capabilities for water and wastewater treatment. They can effectively remove suspended solids, bacteria, viruses, and other …
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Automotive Refinish Coatings Industry Outlook: Projected Growth to US$ 12.9 Billion by 2033, with a CAGR of 5.1%
The global automotive refinish coatings industry is expected to grow at a moderate CAGR of 5.1% from 2023 to 2033. The target market will reach a valuation of US$ 12.9 billion by 2033, rising from an estimated US$ 7.7 billion in 2023. As one of the largest industries in the globe, the automotive sector supplements the growth …
Water Flavouring Drops Market Set to Surge to US$ 36 Billion by 2032
The Water Flavouring Drops market has experienced exponential growth, fueled by health-conscious consumers seeking an alternative to sugary beverages. With an array of enticing flavors and zero calories, these drops have become a go-to choice for hydration. As demand rises, innovative product developments and expanding distribution channels are propelling the market forward. This Water Flavouring Drops market study offers …
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Bioenzyme Fertilizers: A Sustainable Solution for Booming Organic Food Market
The global bioenzyme fertilizer market size is forecast to expand from US$ 645 million in 2023 to US$ 1500 million by 2033. Over the next ten years (2023 to 2033), global sales of bioenzyme fertilizers are projected to rise at 8.9% CAGR. Rising adoption of sustainable agricultural practices along with burgeoning demand for organic food …
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