In 2022, the global industrial valves market is anticipated to be valued around US$ 71.8 billion. Overall demand for industrial valves for managing material flow is predicted to expand at a moderate 4.3% CAGR between 2022 and 2029, reaching US$ 96.2 billion by 2029. Steel will remain the most preferred material for the construction of industrial valves. …
Category Archives: Business
Global High Pressure Processing Equipment Market to Surpass a Valuation of US$ 1.1 Billion during Forecast 2023 to 2033, Says FMI
The global high-pressure processing equipment market is expected to be worth US$ 333.9 million in 2023 and US$ 1.1 billion by 2033. Over the forecast period, the market is expected to grow at an annual rate of 12.8%. The high pressure processing equipment industry is driven by a number of factors, including rising demand for processed foods, food …
UV Tapes Market Research Reports Analysis by Key Players– BASF SE, Henkel AG & Company, The Furukawa Electric Co. Ltd, Mitsui Chemicals Group, AI Technology
The global UV tapes market is anticipated to create lucrative growth opportunities throughout the estimation period from 2022 to 2032 by showcasing a robust CAGR of 8.6%. The market size is estimated to be valued at about US$ 512.3 Mn in 2022 and is predicted to reach US$ 1,168.9 Mn by 2032. According to the historical estimations, demand for UV tapes …
Water Clarifiers Market is Projected to Exhibit a Strong 5.4% CAGR from 2022 to 2032, Says FMI
The global water clarifiers market is expected to grow at a 5.4% CAGR during the forecast period, with a revenue of US$ 6,980.2 Million in 2022 and a revenue of US$ 11,854.3 Million by 2032. Water clarifiers are expected to see increased demand due to their high structural strength, high volume-to-area ratio, ease of sludge …
Biocomposites Market Poised for Robust Growth with Impressive 16.0% CAGR from 2022 to 2032, Get Customized Reports
Over the forecast period, the global biocomposites market is predicted to increase at an exponential rate of 16%. Valued at US$ 25 Billion in 2021, the biocomposites market is anticipated to reach US$ 128 Billion by 2032. The increased research and development efforts for composite materials and biocomposite uses and benefits such as recyclability, lightweight, and cost-effectiveness are …
VRF Systems Market is projected to reach US$ 29,884 Million from 2022 to 2032, FMI Study
The global VRF systems market is expected to be worth US$ 16,610 Million in 2022, with demand increasing at a 6% CAGR from 2022 to 2032. The market is expected to grow significantly to US$ 29,884 Million by 2032. VRF Systems are a well-known heating, ventilation, and air conditioning (HVAC) technology that extracts heat from …
District Cooling Market is Projected to Grow at a robust CAGR of 8% from 2023 to 2033 | FMI
According to a recent FMI report, the global district cooling market share is expected to reach US$ 63.2 billion by 2033, growing at an 8% CAGR during the forecast period. According to the study, rising demand for energy-efficient cooling technology has a proportional impact on district cooling adoption. Rapidly rising temperatures and the proven viability of district …
Global Micro Irrigation Systems Market is supposed to rise at a 13% CAGR by 2031, FMI Study
The global micro irrigation systems market is expected to grow at an exponential rate of more than 13% CAGR through the end of 2031, according to insights from the latest study from Future Market Insights (FMI) an ESOMAR-certified research and consulting firm. The report provides a detailed analysis in more than 20 high growth regional markets, with …
DC Switchgear Market is Expected to Grow at a CAGR of 7.1% from 2022 to 2032 | Get Customized Reports
According to a recent FMI report, the global DC switchgear market is expected to grow at a 6% CAGR over the forecast period. The region’s dominance in the global market is the result of several governments in this region implementing innovative grid programmes and massive investments in modernising electricity transmission and distribution networks. DC switchgear statistics point …
Positive Displacement Pump Market is projected to reach US$ 21 Billion from 2022 to 2032, FMI Study
According to a recent FMI study, the global positive displacement pump market will grow at a 4.3% CAGR from 2022 to 2032. The market is expected to be valued at US$ 21 billion by the end of the assessment period. Positive displacement pumps are widely used in a variety of end-user industries around the world. Furthermore, the …