Sodium lactate find extensive applications in the food & beverage industry, pharmaceutical and cosmetic and personal care products owing to its superior properties and cost-effective nature. As per a new study by Future Market Insights (FMI), the demand for sodium lactate will increase by 8.8% between 2021 and 2031. Focus on reducing the cost of production to …
Author Archives: editor
Sodium Hydroxide Market | Outlook On Emerging Application, Revolutionary Trends & Potential Growth Strategies by 2031
Increasing research and development (R&D) activities aimed at the development of new production technologies are expected to create growth opportunities for sodium hydroxide market, finds by Future Market Insights (FMI) in a recent research study. According to the report, the sodium hydroxide sales are anticipated to surge at a CAGR of 4.3%, reaching US$ 43.7 Bn …
Stainless Steel Market | Current and Future Demand, Analysis, Growth and Forecast Period By 2031
Stainless steel market is anticipated to reach US$ 193.97 Bn by the end of 2031 owing to the increasing demand from various industries. As per a study by Future Market Insights (FMI), the growing demand for corrosion resistant material. With high tensile strength material in various sectors such as chemical industries, petrochemicals industries, food and beverage …
Expanded Polypropylene (EPP) Foam | Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2031
Rising demand for lightweight vehicles is expected to drive sales in the expanded polypropylene (EPP) foam market. According to a study by Future Market Insights (FMI), the market is expected to exhibit 6.0% CAGR between 2021 and 2031 Globally, the growth of global expanded polypropylene (EPP) foam market is driven by the increasing demand from automotive …
Sales In Wear Plate Market Are Likely To Increase At A CAGR Of 5.8% by 2031, FMI
It also saves money on maintenance because it outlasts all other steels. The use of wear-resistant steel plates reduces the weight of the equipment by 30-40%. As a result, the global wear plates market is expected to grow at a CAGR of 6.3 percent between 2021 and 2031. According to Future Market Insights (FMI), the wear plates market is …
Continue reading “Sales In Wear Plate Market Are Likely To Increase At A CAGR Of 5.8% by 2031, FMI”
Domestic Booster Pumps In Europe Currently Contributes 22.9% To The Global Industry Landscape, FMI
In a new market study, Future Market Insights (FMI) opines global Domestic Booster Pumps Market to surpass US$ 4.63 Bn by 2030, growing at a 7.1% CAGR through 2030. The document attributes the boom of the marketplace to rising recognition among consumers concerning the provision of strength-green technologies. Furthermore, the growth of the e-commerce enterprise is widening the …
Global Air Barrier Sales To Reach A Valuation Of US$ 23,136.2 Mn In 2029, Future Market Insights Inc.
the global air barrier market value will exceed US$ 16,932.8 Mn by 2022 end. A recent research study by Future Market Insights (FMI) suggests that the overall growth of the market for air barriers will be moderate during the period forecast, 2022 – 2029. Increasing installations of insulation systems are specifically driving the call for air barriers in the …
Europe Wood Pellet Heating Systems Market Is Anticipated To Progress At A CAGR Of 3.6% During 2022-2029
The European wood pellet heating systems market was valued at US$ 5.33 billion in 2022 and is expected to grow at a CAGR of 3.6 percent between 2022 and 2029. This expansion is primarily driven by rising demand for wood pellet heating systems in the commercial, residential, and industrial sectors. Wood pellets have emerged as a viable …
Bandsaw Machines Market Registering Growth At Over 3.9% CAGR Between 2022 And 2029, Future Market Insights Inc.
The global bandsaw machines market is expected to surpass US$ 2.80 Bn, registering growth at over 3.9% CAGR between 2022 and 2029. Increasing demand for metal cutting bandsaw machines in automotive, construction, and mining industries will fuel the sales. However, limitations in producing perfectly-shaped curved edges continue to threaten the relevance of bandsaw machines, adding new uncertainties to the near-term …
Global Glass Door Merchandizers Market Is Anticipated To Witness A Considerable Value CAGR Of 7.5% During 2022 And 2028, FMI
In this report, FMI throws light on the drivers and restraints likely to impact the glass door merchandiser market during this period. The hinged door type segment is expected to expand at a relatively higher CAGR. Among regions, Asia Pacific excluding Japan (APEJ) is anticipated to retain its dominance throughout the forecast period while growing at a …