As per a recent market analysis by Future Market Insights (FMI), the global automotive appearance chemicals market is poised to expand at a 4.9% CAGR, totaling US$ 41.7 Bn in 2031. Rapid urbanization, easy credit availability and increasing per capita expenditure is elevating demand for automobiles across the globe. Key automotive manufacturers are increasing their production capacities to cater the …
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Propanol Market is projected to experience steady growth during the forecast period of 2019-2029, Says FMI Analyst
Growing utilization of propanol as a direct solvent in paints and coatings, household & industrial cleaners, and others is expected to pave the way for its robust sales during the projected timeline. This is the main factor as to why the global propanol market is estimated at US$ 2.8 billion in 2019, and is projected to experience …
Soft Magnetic Composites Market is expected to reach a Valuation of US$ 80 Bn in 2029, Analysis By Future Market Insights
Soft magnetic composites (SMCs) are used extensively in the automotive industry for their ferromagnetic properties. Majorly driven by this, global soft magnetic composites market is projected to exhibit a robust CAGR during the forecast period of 2019-2029, reaching a value of US$ 80 Bn in 2029. Correct SMC combination provides a technology that consumes less energy, is …
Synthetic Quartz Market is projected to register a CAGR of 6.1% during the forecast period 2019-2029
The global market value of synthetic quartz is nearly US$ 85 Mn, and the electronics industry accounts for more than 3/4th of total sales. As suggested by a new Future Market Insights (FMI) study, the global synthetic quartz market is set for notable growth during 2019 – 2029. The electronics industry solely relies on components such as semiconductors, …
Vapour Barrier Market will exhibit a CAGR of around 4% during the forecast period of 2019-2029
Sales of vapour barriers are projected to witness steady rise in the following years, prominently propelled by sustained consumption by the building & construction industry. As suggested by a new Future Market Insights (FMI) report, global vapour barrier market will exhibit a CAGR of around 4% during the forecast period of 2019-2029. Water condensation can damage the …
Oil & Gas Pipeline Coatings Market will reach the revenues worth US$ 7 Bn towards 2029 end, Analysis By Future Market Insights
Witnessing robust expansion over 2019 – 2029, the global market for oil & gas pipeline coatings will reach the revenues worth US$ 7 Bn towards 2029 end. Growing offshore exploration and production activities, stabilizing crude oil prices, rise in cross-country pipeline projects and rehabilitation of existing pipelines are some of the key factors that would majorly account …
Mass Finishing Consumables Market is projected to expand at a CAGR of 5% during the forecast period 2019 – 2029
Sales of mass finishing consumables are primarily driven by the increasing demand for surface finishing from various end-use industries such as automotive, aerospace, and general and industrial engineering. As indicated in a new Future Market Insights (FMI) study, the global mass finishing consumables market is estimated to be valued at over US$180 Million by the end of …
Viscosity Index Improvers Market is projected to exceed the US$ 5 Bn mark by 2029 end, Exclusive Report By Future Market Insights
Increasing demand for high-performance lubricants with optimum viscosity has been a vital factor pushing consumption of viscosity index improvers. Although the global market for viscosity index improvers has been projected to exceed the US$ 5 Bn mark by 2029 end, the overall growth outlook would remain sluggish. Consistently soaring consumption of vehicle lubricants such as engine …
Green Tires Market: Notable Developments & Geographical Outlook
The tire is a crucial vehicle component that covers the wheel’s rim to protect it and enable better vehicle performance. Tires provide traction between the vehicle and road while providing a flexible cushion bed to absorb shock. Tires are typically made of rubber. With the increasing environmental and energy concerns, tire manufacturers are stepping forward …
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Steam Trap Monitor arket Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2017-2027
With their ability to continuously discharge significantly high volumes of condensate, the demand for steam trap monitors has increased across various end-use industries, such as power generation, water & wastewater, food & beverage, and chemical. While steam trap are becoming ubiquitous in a broadening range of end-use industries, poorly monitored steam traps can cost end …