The global carbon tapes market is expected to reach a valuation of US$ 35.8 Bn in 2022. With sales growing at a 4.5% CAGR over the assessment period, with the market size reaching US$ 55.7 Bn by 2032. Carbon tapes are flat material tapes that are made from carbon fiber bearing high strength. Carbon tapes are popular …
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Metal Banding Machine Market to Expand 1.5x by 2032 as Adoption of Industry 4.0 Rises Worldwide
As per FMI, the global metal banding machine market size is projected to reach a valuation of US$ 1 Bn by 2032 and witness growth at a healthy CAGR of 3.9% from 2022 to 2032. A metal banding machine is a device that uses a stainless steel strap to wrap a product in a huge container. These …
Packaging Suction Cups Market is anticipated to register a CAGR of 6.8% during the forecast period
The packaging suction cup market is anticipated to grow at a CAGR of 6.8% from 2022 to 2032. Additionally, it is predicted that the global market for packaging suction cups will grow from US$ 8.4 billion in 2022 to US$ 16.22 billion in 2032. As smart labels and digital printing for packaging have grown in popularity, the …
Bottle Filling Machines Market to Exceed US$ 1.9 Bn by 2032 Amid Rising Demand in Food & Beverage Industry
As per Future Market Insights (FMI), the global bottle filling machine market is projected to grow from US$ 1.28 Bn in 2022 to US$ 1.9 Bn by 2032, exhibiting a CAGR of 4% throughout the forecast period. Rising usage of bottles for storing and transporting various liquids and semi liquids, growing need for improving productivity across industries …
Spigot End Cap Market is forecasted to register a CAGR of 6.5% during the forecast period
The spigot end cap market is projected to grow at a CAGR of 6.5% over the forecast period, from a value of US$35.27 billion in 2022 to US$66.21 billion by 2032. Spigot end cap sales are anticipated to increase as a result of quick urbanisation, rising middle-class discretionary income, and growing private and public investment. …
Sales of VCI shrink films in the market is expected to rise at 5% to 6% value CAGR by 2032
During the forecast period of 2022–2032, the market for volatile corrosion inhibitor (VCI) shrink films is anticipated to grow at a healthy CAGR of 5%–6%. The need for VCI shrink films is predicted to increase due to the rapid use of protective films for wrapping valuable metal products, equipment, machinery, and other items across a variety of …
Traffic Control Device Tape Market is expected to reach US$ 9.6 Billion in 2032
The market for traffic control device tape is expected to reach US$ 9.6 billion in 2032 and develop significantly between 2022 and 2032, with a CAGR of 5.2%. Sales of traffic control device tapes are anticipated to expand as a result of strict government regulations aimed at enhancing passenger safety and an urgent demand for operational effectiveness. …
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Cavitated Films Market grows at a rate of 7% CAGR during the forecast period 2022 to 2032
The market for cavitated films is anticipated to grow strongly, with a CAGR of 7%. The market for cavitated films is expected to grow from its present value of US$ 3.45 million in 2022 to US$ 7.45 million by 2032. Due to its use in the food business for the packaging of ice cream, chocolates, and …
Volatile Corrosion Inhibitor Bags Market to grow at a CAGR of around 6.4% throughout the forecast period
Between 2022 and 2032, the demand for volatile corrosion inhibitor bags is anticipated to grow at a strong CAGR of roughly 6.4%. Growth can be attributed to the increasing usage of volatile corrosion inhibitor bags for preserving corrosion-sensitive products during storage and shipping in a variety of end use industries, including automotive, medical devices, and electronics. Manufacturers …
In Vehicles Payment Market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2022 – 2032
With an estimated CAGR of 11.6% during the projected period, the in-vehicle payments market share is expected to reach US$ 12.6 billion by 2032, finds a recent report published by FMI. The study finds that the rising demand reflects the adoption of in-vehicle payments. Attributes Details In Vehicles Payment Market CAGR (2022-2032) 11.6% In Vehicles Payment Market …