New Product Development
The electrical steel market is expected to register year-on-year growth at 5.3% in 2021, with the overall valuation forecast to reach US$ 37.5 Bn. A Future Market Insights (FMI) analysis estimates electrical steel sales to increase at 6.5% CAGR between 2021 and 2031. According to the study, the overall electrical steel market is expected to reach US$ 70.5 Bn by 2031. While …
Continue reading “Electrical Steel Market Value to Grow by Almost $79.5 Billion During 2021-2031”
The Centrifugal Pumps Market is expected to register positive growth through 2021, with the overall valuation forecast to surpass US$ 29 Bn in 2021. Future Market Insights (FMI) projects centrifugal pumps market sales to increase at 4.6% CAGR between 2021 and 2031. While industrial applications are expected to register maximum demand, growth exhibited by the agricultural segment will be …
Variable frequency drives demand is set to grow at over 4% in 2021, with growing emphasis on heating, ventilation and air conditioning (HVAC) systems and automotive pumps which are expected to generate substantial growth opportunities. The projections are based on the latest edition by Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The global …
The U.S. and EU5 will be in the vanguard of the commercial refrigeration equipment market, attributing to the strong presence of stakeholders that export their products to domestic and international end-users. On the other hand, the expanding F&B industry and growing preference for quick-service restaurants (QSRs) will drive demand in the Asia Pacific (APAC). While …
The global oil and gas industry was a major victim of the COVID-19 pandemic due to a drastic slump in energy demand. Such was the impact of the pandemic on the oil industry that benchmark Brent crude oil prices plummeted to a historic low of under US$ 20 per barrel in April 2020. In previous …
The lead acid battery market valuation is expected to reach US$ 54.3 Bn in 2021. Future Market Insights (FMI) analysis has forecast the lead acid battery sales to increase at 5.2% CAGR between 2021 and 2031. According to the study, the overall market valuation will top US$ 90.5 Bn by 2031. As per FMI, the demand for AGM battery is expected …
Continue reading “Global Lead Acid Battery Market Grow At 5.2% CAGR Between 2021 – 2031”
Titanium dioxide is a naturally occurring mineral, whose chemical formula is TiO2. Titanium dioxide is processed and refined in a very fine powder after it is mined from earth. It is produced either by sulphate or by chloride process. Rutile, ilmenite, brookite and antanese are its natural forms, which are available as bulk crystals. The …
Fiber optic cables are composed of plastic and glass inner core which is surrounded by a cladding and is encased in an outside jacket. Fiber optic cables are new technology which uses optical fiber of plastic or glass threads made of 100 or more incredible thin strands of the same to transmit data. As the …
Monocalcium Phosphate is a chemical compound with chemical formula Ca(H2PO4). It contains phosphate, calcium and hydrogen. It is a white or gray powder with an average hygroscopic property and is soluble in water. Monocalcium phosphate is formed from specially prepared phosphoric acid and calcite material. It is made from natural minerals causing reactions forming quality …
Sulfamic acid is also named as amidosulfuric acid, amidosulfonic acid, sulfamidic acid, and aminosulfonic. Sulfamic acid is a molecular compound with chemical formula (H3NSO3). It is a water-soluble, and colorless compound present in various applications. Sulfamates are also byproducts of sulfamic acid. Sulfamic acid is majorly a predecessor to sweet-tasting mixtures. Sulfamic acid is also …