New Product Development
For instance, Voestalpine Böhler has acquired Selco s.r.l., a prominent welding machine producer in Italy. The company is aiming to become a full welding solutions provider in the welding sector and fortify its market position. It will also offer a seamlessly coordinated combination of welding machines and welding consumables. Market players are inclining towards automation at diverse …
Continue reading “Welding Consumables Market to Reach a Valuation of US$ 26.82 Bn by 2030”
Future Market Insights, an ESOMAR-certified market research provider, opines that the long-term outlook for the hydrogen electrolyzer market will remain optimistic with growth pegged at 10% through 2030. It is a device that utilizes strength to interrupt water into oxygen and hydrogen in a process known as electrolysis. It incorporates a cathode, an anode, and a membrane. …
Demand for vibration control systems is likely to witness a revival in 2021, according to the latest edition of the study by ESOMAR-certified market research firm, Future Market Insights (FMI). The study also finds that a significant percentage of industry players are confident of growing investments in automation, a strategy stalled by COVID-19 outbreak. However, the pace …
Up from the revenues worth US$ 71.8 Bn Estimated in 2022, the global market for industrial valves is projected to witness modest growth by the end of 2029. A new market research report by Future Market Insights (FMI) suggests that the increased exploration activities for new water sources will predominantly favor the growth of the market over the …
The North America variable frequency drive market is projected to reach US$ 7.79 Bn in revenues by 2027, according to a new research by Future Market Insights. In terms of volume, 6.25 million units of variable frequency drivers are expected to be sold in North America in 2017. The U.S. will continue to dominate sales, accounting for …
9th June, Mumbai: Future Market Insights (FMI) in collaboration with Plant Based Food Industry Association (PBFIA) launched a market report ‘Growth opportunities and winning imperatives in the Global and Indian Plant based Industry’ at the Inter Food Tech Conclave, held at Bombay Exhibition Center. Considering the Indian outlook of the plant-based industry, India seems to be in early stages for plant-based meat substitutes, …
The market for ferrovanadium is primarily driven by increasing demand for high strength steel and high strength low alloy steel from the construction and automotive and transportation industries. The growth of these industries will be the key contributor responsible for the growth of the market of ferrovanadium during the forecast period. As these industries are most prominent …
Future Market Insights delivers key insights on the global thioesters market in its latest report titled ‘Thioesters Market: Global Industry Analysis 2017-2021 and Opportunity Assessment 2022-2028’. The long-term outlook on the global thioester market continue to be in a positive direction, with market value expected to increase at a CAGR of 4.6 % over the forecast period (2022-2028). Further …
According to the latest market study published by Future Market Insights (FMI), the demand for sulphuric acid is set to rise on account of its application in production of fertilizers. As per the report, demand for sulphuric acid will increase by 3.2% CAGR between 2021 and 2031. Focus on improving agricultural yield across the globe is elevating …
The global pharma grade sodium bicarbonate market was valued at US$ 256.0 Mn in 2022 and is expected to reach US$ 315.4 Mn by the end of 2028, expanding at a CAGR of 3.5% over the forecast period. Sodium based medicines are being increasingly consumed across the globe, elevating demand in the pharmaceutical sector. Factors such as product …