According to recently released data from Future Market Insights (FMI), the floral extract market is estimated to be valued at USD 2.6 billion in 2022. It is projected to reach USD 3.8 billion by 2029, with a compound annual growth rate (CAGR) of 4.3% from 2014 to 2021. A new global trend has emerged recently: the rise …
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Driveline Additive Market Forecast to Achieve USD 15.2 Billion by 2033, Growing at a Steady 5.1% CAGR | FMI Reports
The driveline additive market is estimated to be worth USD 9.3 billion in 2023 and is projected to reach a valuation of USD 15.2 billion by 2033. Between 2023 and 2033, the market is expected to grow at a CAGR of 5.1%. The driveline additive market is anticipated to outpace the growth of conventional lubricant …
Global Ammonium Sulphate Market Set to Achieve USD 6.18 Billion by 2032, Growing at 7.5% CAGR | FMI Reports
A recently published study by FMI anticipates the global ammonium sulfate market to grow at a 7.5% CAGR from 2022 to 2032, reaching a valuation of USD 6.18 billion by the end of this period. The increasing demand for ammonium sulfate is primarily driven by its extensive use in the agricultural sector. Additionally, its applications …
Corrosion Protection Coating and Acid Proof Lining Market to Hit USD 83,434.92 Million by 2033, Growing at 5.7% CAGR | FMI Reports
The global corrosion protective coating and acid proof lining market is projected to reach USD 47,928.96 million by 2023, with sales expected to grow at a steady CAGR of 5.7% from 2023 to 2033, reaching USD 83,434.92 million by 2033. This market growth is driven by significant advancements in corrosion protection technologies, increased industrial activity, …
Lightweight Revolution: Polymer Bearings Drive Weight Reduction in Aerospace and Automotive Industries
In 2022, sales of polymer bearings were valued at USD 10.3 billion globally. It is anticipated that the market will generate USD 11.3 billion in revenue by 2023. The forecasted revenue growth rate for the assessment period spanning 2023 to 2033 is 8.6% CAGR. By the end of 2033, it is anticipated to produce a …
Aluminium-Free Deodorant Market: Anticipated to Reach USD 4,228.3 Million by 2033 – Product Life Cycle Analysis | FMI
In the next decade, from 2023 to 2033, the market for aluminum-free deodorant is projected to experience substantial growth, with an expected increase of 9.5%. By 2033, the global aluminum-free deodorant market is forecasted to reach a value of USD 4,228.3 million. As of 2023, the market is currently valued at USD 1,730.4 million. Chemical substances such …
Lightweight Revolution: Composite Rollers Market Set for Explosive 7.6% CAGR Growth by 2033
Between 2023 and 2033, the composite rollers market is projected to grow at a consistent compound annual growth rate (CAGR) of 7.6%. The market is anticipated to be valued at USD 143.3 million in 2023 and to have a market share of USD 297.4 million by 2033. The rising innovation in manufacturing and construction spaces, …
BB Cream Market: Demand Anticipated to Expand at a CAGR of 8.4% by 2033 – Opportunity Map Analysis | FMI
The worldwide BB cream market is expected to be worth USD 4,078.1 million in 2023, with projections indicating a substantial increase to USD 9,135.8 million by 2033. This growth is attributed to an anticipated surge in demand, with the market set to expand at a compound annual growth rate (CAGR) of 8.4% throughout the forecast period. The …
Capitalize on the Growing BBQ Charcoal Market: Expected to Reach USD 4.84 Billion by 2033
As per Future Market Insight, the worldwide market for BBQ charcoal is anticipated to attain a valuation of USD 3.03 billion by 2033, with a compound annual growth rate of 4.8%. In comparison, its present value in 2023 was USD 4.84 billion, a significant increase. Charcoal is an ideal fuel for quickly cooking pizzas, steaks, …
Global Joint Compound Market to Reach USD 9 Billion by 2033, Projected to Grow at a CAGR of 6%
By 2033, the joint compound market is expected to be worth USD 9 billion, up from USD 5 billion in 2023. The joint compound market is predicted to see sales growth at a CAGR of 6% during the forecast period. An important opportunity is the growing market for sustainable and eco-friendly joint compounds. Products with …