As per a recent market survey by Future Market Insights, sales in the global shot blasting machine market are expected to increase at a healthy 5% CAGR, reaching a valuation of US$ 1.8 Bn in 2031. Shot blasting machines play a vital role in the metal industry. With increasing demand from industries such as aerospace and automotive, sales will rise …
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Gas Insulated Substation Industry Is Assessed To Register 5.7% CAGR By 2031: FMI
According to the latest Future Market Insights (FMI) analysis, sales in the gas protected substation market are expected to top US$12.5 Bn by 2021. The growth outlook remains positive as the market is assessed to register a 5.7% CAGR between 2021 and 2031. FMI has identified General Electric, Hitachi Ltd., ABB, Infosys, SIEMENS AG, and Mitsubishi Electric Corporation as …
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China Industrial Hoses Market: Cryogenics and Air Separation Applications to Reflect 7.1% CAGR: FMI Study
In 2021, the China Industrial hoses market is estimated to record 5.7% year on year growth, bucking initial scepticism about how the market would perform during a global pandemic. In China, the total demand of industrial hoses is expected to reach 548 Mn Meters by 2031. According to the analysis by Future Market Insights (FMI), the China industrial …
Reverse Osmosis Pumps Demand to Soar, Centrifugal Pumps to Account for Over 69% of Sales: Future Market Insights
The global reverse osmosis pump market size is anticipated to surpass a valuation of US$ 6 billion in the year 2021, as per a study by FMI. Driven by the increasing applications in the water treatment and oil and gas sectors, the market for reverse osmosis pumps is expected to total US$ 14.2 billion by 2031, growing at a CAGR of 8.9% …
Global Heavy Duty Heat Pump Market To Grow At A 2.3% CAGR Through 2031- Research Report By Future Market Insights Inc.
Demand for heavy-duty heat pumps was moderate in 2020 due to the COVID scenario. However, considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive. The report estimates that the global heavy-duty heat pump market will grow at nearly 2.9% from heavy duty heat pump market to grow …
Ultra-High Purity Hydrofluoric Acid Market | Current and Future Demand, Analysis, Growth and Forecast By 2028
The ultra-high purity hydrofluoric acid business has seen tremendous potential owing to the proliferated growth projected by the ultra-high purity hydrofluoric acid market. The participants of the ultra-high purity hydrofluoric acid market are focusing on providing leading-edge solutions for fulfilling the chemical requirements of the customers. The ultra-high purity hydrofluoric acid market is further gaining traction owing …
Downhole Tractor Market Is Expanding at a CAGR of ~4.9% over 2021-2031: FMI
A substantial increase in the focus on developing integrated well intervention technologies such as production logging and pipe inspection and cleaning is expected to remain a key defining factor in the global downhole tractor market. As per a new study by Future Market Insights, the global downhole tractor market is projected to be valued at ~US$312.9 Mn …
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Diamond-like Carbon Coatings Market | Key Players, SWOT Analysis, Key Indicators, Forecast To 2028
Diamond-like carbon coatings (DLC), an amorphous form of carbon with diamond bond is a nanocomposite coating that has unique properties of natural diamond low friction, high hardness, anti-reflectivity, and high corrosion resistance. Diamond-like carbon coatings can be deposited on nearly all alloys, metals, and also on non-metals, such as silicon, glass, ceramics, plastics, etc. Depending …
Quenching Oil Market | Development Status, Competition Analysis, Type and Application 2028
Quenching is a process of rapidly cooling a material from high temperature. A quenching oil’s purpose is to control heat transfer during the metal or steel manufacturing process. The notable properties of quenching oil include non-toxic, non-corrosive, better thermal conductivity, low volatility, better oxidation stability, and elevated flash point, among others. Quenching oil contains numerous …
Sodium Nitrate Market | Outlook, Current and Future Industry Landscape Analysis 2026
Sodium nitrate is a type of alkali metal nitrate salt, also popularly known as Chile saltpeter (as large deposits of this salt are found in Chile) to differentiate it from ordinary saltpeter and potassium nitrate. It is a white, crystalline solid and though it is non-combustible, it increases the burning rate of combustible materials. Large quantities …