Globally, sales in the submersible pumps market are set to be valued at US$ 978.5 Mn in 2021, with a stable long-term projection. According to latest analysis by Future Market Insights (FMI), the submersible pumps market is poised to expand at a 5.1% CAGR over the forecast period 2021-2031. In the last few years, water stress has been a leading concern …
Category Archives: Business
Metalworking Fluids Market is poised to total US$ 9.6 Bn in 2021, expanding at a 3.7% CAGR.
As per the newly released data by Future Market Insights, the global metalworking fluids market is poised to total US$ 9.6 Bn in 2021, expanding at a 3.7% CAGR. Demand for removal fluids is projected to rise at 3.5% to top 1,354,497 Tons in terms of volume, while the forming fluids segment is expected to grow at 2.7% to total 772,256 Tons. To remain ‘ahead’ …
Conveyor System Sales to Surpass 16,000 Units by the End of 2031 As Overhead Conveyor System Gains Traction in Automotive Industry: FMI
The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. Future Market Insights (FMI) has forecast the conveyor system market to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and integration of machine learning and internet of things in material handling solutions. Conveyor …
Bromine Market is growing with a healthy CAGR of 2.7% between 2021 and 2031
According to the latest report by Future Market Insights, the global bromine market is estimated to be worth US$ 2.4 Bn in 2021. With a large share in oil and drilling applications, bromine and its derivatives are seeing high demand growth in the US. High demand for bromine derivatives and Clear Brine Fluids (CBFs) is seen in the US which is …
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Wood Charcoal Market Key Players, End User, Demand and Consumption by 2030
A recent report by Future Market Insights (FMI) states that global sales of wood charcoal will value around US$ 20 Bn in 2020. Substantial demand will come from residential sector, especially in developing regions of Asia Pacific, Africa and South America wherein over 2 billion people rely on wood energy for cooking and heating purposes. The study …
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China Vinyl Flooring Market Anticipated to Register Robust Growth in the Next 10 Years
Future Market Insights’ newly published market report, “Vinyl Flooring Market: Global Industry Analysis and Forecast, 2022-2028,” examines the vinyl flooring market and offers crucial market insights for the next ten years. Valuable insights encapsulated in the report highlights that the plank segment is expected to remain a leading segment in the market in terms of …
EUV Lithography Market to Exhibit 22% CAGR Through 2029, Demand Buoyed by Miniaturization of Electronics & Semiconductors
Miniaturization of integrated circuits and microchips, elevated wafer production, and consistent growth of the semiconductors industry are anticipated to propel the adoption of EUV lithography into chip manufacturing across the globe. EUV lithography market is estimated for a staggering CAGR of 22% during the forecast period of 2019-2029 For more insights into the market, request a sample …
Growing Applications in Electronics and Semiconductor Production Drives Developments in Hydrofluoric Acid Market: New Study
Increasing demand for high-octane gasoline, fluorine compounds, and electronics is expected to aid the growing demand for hydrofluoric acid. According to a new study by Future Market Insights (FMI), the market for hydrofluoric acid is set to rise sluggishly with a CAGR of less than 3% through the end of the projection period in 2031. To remain …
Barite Market Experiencing a Slowdown amid COVID-19 Outbreak; Untapped Opportunities in Medical Industry Indicate High-potential Investment Pockets: FMI
Drilling mud applications are expected to account for substantial revenues amongst all applications, in the global barite market. Untapped opportunities in the medical industry are also generating incremental opportunities for manufacturers. Barite would experience steady demand growth in paints and plastics industries, as it is widely utilized to control the viscosity and add brightness to end …
Nutricosmetics Market steady growth over the forecast period 2020-2030 with a CAGR of above 8%
Nutricosmetics are expected to see a boost in the growth owing to innovative product launches according to a recent report published by Future Market Insights (FMI). These new launches are focusing on including the product in the diet of the consumers easier and more attractive than before. The market is expected to grow at CAGR of …