According to recently released statistics from Future Market Insights (FMI), the destination market is anticipated to expand at a CAGR of 13% from 2022 to 2032, from an estimated USD 120 billion in 2022 to USD 407.35 billion by that time. Destination Marketing is forecasted to grow at a consistent growth rate during the forecast period. This is majorly attributed to the growing …
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Cosmetics Industry Propels Mica Market: 4.8% CAGR Expected to Reach USD 874.8 Million by 2033
According to projections, the global mica market is expected to grow significantly, rising from USD 546.3 million in 2023 to USD 874.8 million by 2033. The demand for mica is predicted to rise at a compound annual growth rate (CAGR) of 4.8% between 2023 and 2033, which is anticipated to fuel this expansion. This expected …
Lightweight Revolution: How Conducting Polymers are Transforming Electronics, Renewables & Green Transportation
By 2024, the market for conducting polymer is expected to be worth USD 7.0 billion. During the forecast period, conducting polymer sales are expected to soar at a healthy compound annual growth rate (CAGR) of 9.4%, reaching USD 17.2 billion by 2034. Polycarbonates remain highly sought-after conducting polymer types in the market owing to …
Energy Efficiency & Sustainability: Fueling Demand for Calcium Silicate Insulation in Buildings
The market for calcium silicate insulation is expected to be valued at USD 456 million in 2034, up from an estimated USD 284.1 million in 2024. The industry is predicted to grow at a 4.8% CAGR from 2024 to 2034. The booming construction industry, especially in emerging economies, is driving the demand for calcium silicate …
Acrylic Styrene Acrylonitrile Resin Market Poised for Steady Growth with 5% CAGR, Projected to Reach USD 1,432.74 Million by 2032
The acrylic styrene acrylonitrile resin industry is anticipated to experience sustained growth with a 5% compound annual growth rate (CAGR), culminating in a revenue share reaching USD 1,432.74 million. This projection underscores the resilience and potential of the industry, driven by factors such as increasing demand in various end-use sectors, technological advancements, and expanding applications, …
Cosmetic Pencil and Pen Market Likely to Register a 7.5% CAGR by 2033: Production and Consumption Statistics | FMI
In 2023, the cosmetic pencil and pen market would be worth USD 2.8 billion and is expected to reach USD 5.7 billion by 2033. Likely to register a 7.5% CAGR from 2023 to 2033. The widespread adoption of cosmetic products is set to drive growth in the cosmetic pencil & pen market during the forecast period. Together, Asia Pacific …
South America Residential Water Treatment Equipment Market Likely to Record a CAGR of 9.5% Through 2032: Impact Analysis of Drivers and Restraints
The South America residential water treatment equipment market is projected to reach a size of USD 1,410.11 million by 2032, with an anticipated CAGR of 9.5% through this period. In terms of revenue, Brazil leads all South American countries, followed by Argentina and Venezuela. Brazil is projected to show a significant CAGR of 8.7% during the assessment …
Gas Treating Amine Market Forecasts Total Sales of US$ 5,630.5 Million by 2034, Growing at a 5.7% CAGR | FMI Reports
As per the latest analysis, the global gas treating amine market value is forecast to increase from USD 3,234.4 million in 2024 to USD 5,630.5 million by 2034. Global demand for gas treating amines is set to surge at a CAGR of 5.7% between 2024 and 2034. Monoethanolamine (MEA) remains the top-selling product in the …
Flooring and Carpet Industry Analysis in Middle East: Expected to Rise at a 7.8% CAGR to Reach USD 21,521.3 Million by 2033 in Optimistic Scenario
In 2022, the Middle East flooring and carpet ecosystem was valued at USD 9,432.1 million. This is expected to increase to USD 10,169.2 million by 2023. Demand for flooring and carpets in the Middle East is anticipated to grow at a 7.8% CAGR during the forecast period, reaching a valuation of USD 21,521.3 million by …
India Stainless Steel Market Gains Momentum with 6.2% CAGR, Projected to Reach US$ 31,905.2 Million by 2034 | FMI Reports
As per the latest report, india’s stainless steel market value is forecast to increase from USD 17,452.5 million in 2024 to USD 31,905.2 million by 2034. It will emerge as a highly lucrative pocket for manufacturers, with sales rising at a CAGR of 6.2%. Austenitic stainless steel remains popular in India owing to its features like …