It is predicted that sales revenue will reach US$ 2 billion in 2021 with an astronomical CAGR of 10.1%. The transformer monitoring system market exhibited year-on-year growth of 10.9% in 2021, backed by increasing adoption of green transformers leading to up-gradation of associated monitoring system and growing emphasis on improving reliability of power grid. FMI states that, …
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Water Treatment Market In East Asia Growing At A CAGR Of Around 9.2% Throughout The Forecast Period By 2029 End
The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Growth in the global water treatment market is expected to be driven by increased demand for potable water, changing government …
India Market For Fire Extinguishers Is Estimated To Rise At A CAGR Of 7.4% During The Forecast Period | FMI
As per a Future Market Insights’ (FMI) analysis, the fire extinguisher market is projected to be valued at over ~US$ 3.6 Bn in 2021, expanding at a CAGR of ~5.7% over the forecast period of 2021-2031. Increased industrial and commercial sector applications of fire extinguishers, along with the implementation of stringent regulations and building codes, are expected …
North America Electric Motor Market Reach US$ 40.4 Bn By 2031 End | Future Market Insights Inc.
Global sales of electric motors are set to be valued at over US$ 104 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). A new report estimates the market to expand at over 5.1% CAGR from 2021 to 2031. According to Future Market Insights (FMI), increasing automation and robotics …
East Asia Is Expected To Account For A Dominant Share Of 32.9% Of The Global Dredging Market | FMI
The global dredging market is predicted to grow at a CAGR of 3.7%, reaching a valuation of more than US$ 22.3 billion by 2032. The dredging market is anticipated to benefit from rising demand for gulf coast restoration activities. Dredging service providers are adopting dredger monitoring systems and upgradation of their equipment to increase efficiency and productivity. Rising government investments …
Colloidal Metal Particles Market is Expanding at a Healthy 8.1% CAGR, to Total US$ 32.3 Billion by 2028
FMI presents an in-depth analysis and key insights on the global colloidal metal particles market in its latest market study titled ‘Colloidal Metal Particles Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028’. The long-term outlook on the global colloidal metal particles market remains positive with the market valued at US$ 20.2 Bn …
Gum Rosin Market is Anticipated to Grow at a CAGR of 4.7%, by Value of US$ 1.97 Billion during the Forecast Period by 2029
As per the FMI analysis, broader factors, such as resurgence in economies and increasing disposable income, have levied pressure on multiple end-use industries for boosting their production capabilities with no compromise in terms of quality. Ever-evolving demand for high-performance intermediates, including adhesives, coatings, and rubber, from multiple industrial verticals is accelerating the growth of gum rosin …
Car Wash Detergents and Soaps Market is Estimated to Reach US$ 12,210.8 Million by the end of 2028
Noteworthy increase in the fleet size and a consistently swelling vehicle park point to the surging need for high quality car wash detergents and soaps. Looking at the considerably soaring per capita expenditure on car care and servicing, it is more likely that car care products such as car wash detergents and soaps would witness impressive …
Mixed Xylene Market is Predicted to Expand and Surge to a Valuation to US$ 299.2 Billion by the end of 2028
Growing consumption as a solvent continues to primarily drive the revenue growth of mixed xylene market worldwide. Slated at robust yearly revenue growth in 2022 and ahead, the global mixed xylene landscape is also likely to witness consistently soaring consumption of paraxylene by PET manufacturers. Towards 2022, the global revenue of mixed xylene market is projected to surpass the …
Cold Flow Improvers Market is Expected to Reach US$ 1,544 Million, Expanding at a CAGR of 5.2% over the Forecast Period by 2027
While FMI in a recent intelligence report on cold flow improver market scenario offers an exhaustive market value and volume-wise evaluation through 2027, it thoroughly examines the regional and competitive outlook of the cold flow improver landscape for deeper yet precise insights. At an estimated year on year revenue growth of 4.6%, cold flow improver is likely …