The global composting equipment market is anticipated to be valued at US$ 120.0 Million in 2022, forecast to grow at a CAGR of 3.4% to be valued at US$ 168.1 Million from 2022 to 2032. Growth is attributed to the changing the lifestyle of consumers. Composting equipment is used to create fertiliser and rich soil conditioner (humus) from organic materials such as animal waste, …
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Motor Winding Repair Service Market Is Set To Showcase Growth At A CAGR Of 5% During 2022-2032
The motor winding repair service market is set to showcase growth at a CAGR of 5% during the forecast period. The global motor winding repair service market is likely to project a market revenue of US$ 7,832.5 Mn in 2022, and is anticipated to cross US$ 12,780 Mn by 2032. Usually copper uses as wind material owing to high heat resistant, moisture resistant, and resistant to smoke …
Switched Reluctance Motors Market Exhibiting A Robust CAGR Of 6.28% During The Forecast Period 2022-2032
The global switched reluctance motors market size was valued at around US$ 499.3 Mn in 2021 and is expected to surpass a valuation of nearly US$ 950 Mn by 2032, exhibiting a robust CAGR of 6.28% during the forecast period (2022-2032). Rising applications of switched reluctance motors in electric vehicles, fuel pumps, electric power steering, vacuum blowers, etc. is pushing the demand for …
High Voltage Switchboard Market To Reach A Valuation Of US$ 4.8 Bn By 2032
Over the forecast period of 2022–2032, sales of high voltage switchboards are expected to grow at a CAGR of 5.2% to reach a valuation of US$ 4.8 Bn by the end of 2032. Growing energy needs, along with high demand for applications in mining, power generation, and marine will augment the growth in the market. More electrical …
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Packaging Machine Heaters Market Is Forecasted To Be Valuated At US$ 7365 Million By 2032, FMI
The global packaging machine heaters market is forecasted to be valuated at US$ 7365 million by 2032, up from US$ 5271.9 million in 2022, advancing at a CAGR of 3.4% from 2022 to 2032. The growing demand for consumer goods, increase in the demand for pharmaceuticals, and many other factors are anticipated to increase the sales of packaging machine heaters. …
Coal Tar Pitch Market Witness a Considerable CAGR of 5.4% during the Forecast Period of 2022 and 2028
Tier-1 companies in coal tar manufacturing represent 60-70% share of the total market revenue. With massive coal tar distillation capacities across the globe, these players in coal tar pitch landscape maintain their focus on both, standard grade and special grade coal tar pitch (CTP) production. Tier 2 players have a strong presence over restricted regions, whereas that …
Sodium Bicarbonate Market is Forecasted to Exhibit a Growth Rate of 3.9% CAGR through 2031
A recent surge in demand for sodium bicarbonate is driven by the rising demand from several end-use industries, most importantly processed food, and pharmaceuticals. Also, requirements in flue gas desulfurization, leather, dyes, and detergents will contribute to growth, finds Future Market Insights (FMI) in a new study. According to the report, the market is forecasted to exhibit …
Oilfield Production Chemicals Market is Expected to Register a 4.0% CAGR over the Forecast Period of to 2028
The global oilfield production chemicals market is driven by the increasing demand from the oil and gas industry. The production of crude oil in some regions has reported steady growth in the recent years and owing to this, the demand for oilfield production chemicals is expected to remain high in the near future. Future Market Insights published market …
Controlled and Slow Release Fertilizers Market is Expected to Reach US$ 10,222.4 Mn by 2028
FMI presents detailed analysis and delivers key insights on the global controlled and slow release fertilizers market in its latest report titled ‘Controlled and Slow Release Fertilizers Market Forecast, Trend Analysis & Competition Tracking – Global Review 2018 to 2028’. The long-term outlook on the global controlled and slow release fertilizers market is positive with the controlled …
Lining Market is Anticipated to Reach a Valuation of US$ 5,820.8 Mn, over the Forecast Period to 2028
Global lining market prospects are likely to be significantly influenced by the increasing investments in oil and gas exploration activities and augmenting production capacities of refineries. Moreover, surging demand for trade through marine ports coupled with growing shipbuilding industry and frequent repair and maintenance of linings in shipping are some key factors favoring the growth of global lining …