By 2024, the LoRa and LoRaWAN IoT market is expected to be worth US$5.7 billion, and by 2034, it will be worth US$119.5 billion. The LoRa and LoRaWAN IoT market is anticipated to grow at a compound annual growth rate (CAGR) of 35.6% during the forecast period. One significant factor is the growing use of …
Category Archives: Chemical Insights
Robust Growth Projected in Commercial Insurance Market: Valued at USD 865 Million in 2023 and Expected to Reach USD 2,094.70 Million by 2034 with a CAGR of 8.40%.
It is anticipated that the value of the worldwide commercial insurance market would increase from USD 935 million in 2024 to USD 2,094.70 million in 2034. Over the following ten years, the commercial insurance market is anticipated to rise at a promising CAGR of 8.40%, which will propel this forecasted growth. Businesses are choosing insurance …
Medium Voltage Cables and Accessories Industry Forecasts USD 93 Billion Market by 2034, with a CAGR of 6.1%
The medium voltage cable and accessories industry is estimated to be around US$ 51.3 billion in 2024. The medium voltage cable and accessories sales are expected to rise at a CAGR of 6.1% through 2034. The market is projected to surpass the valuation of US$ 93 billion by 2034. The medium voltage cable and accessories industry is …
Fire Resistant Hydraulic Industry Anticipates Sluggish Growth, Reaching USD 2.2 Billion by 2034, with a CAGR of 3.9%
The fire resistant hydraulic fluid industry is anticipated to be valued at US$ 1.5 billion by 2024. The market valuation is estimated to be US$ 2.2 billion by 2034, projected at a CAGR of 3.9%. The market is witnessing significant growth driven by increasing awareness of workplace safety standards and regulations. These fluids are crucial in preventing …
Industrial Cleaning Solvent Industry Anticipates 4.8% CAGR Growth to USD 2.0 Billion by 2034
The global industrial cleaning solvent industry size is poised for significant growth, achieving US$ 1.3 billion in 2024. The industrial cleaning solvent sales is expected to witness a CAGR of 4.8% from 2024 to 2034. By 2034, the demand for industrial cleaning solvent is anticipated to reach a valuation of US$ 2.0 billion. The demand for industrial …
Epoxy Resin Industry Outlook: Projecting USD 24 Billion Market by 2034, with a CAGR of 5.7%
The epoxy resin industry is anticipated to surpass US$ 13.8 billion in 2024 and is likely to attain a valuation of US$ 24 billion by 2034. The epoxy resin market size is projected to thrive at a CAGR of 5.7% from 2024 to 2034. Epoxy resins are widely used in the electronics and electrical industries, such as shielding delicate electronic components from …
Water and Wastewater Treatment Chemicals Industry: Anticipating USD 60,541.2 Million Market by 2034, with a CAGR of 4.6%
The report titled global water and waste water treatment chemicals industry size and forecast to 2034 is second in line publication by the Ireland-based competition intelligence research firm FMI, which regularly tracks competition development in the chemical sector and provides a matrix based assessment of company ranking on multivariate parameters. The chemical sector has always been …
Green Ammonia Industry Eyes Substantial Rise, Projects USD 14,761.3 Million Valuation by 2033, with a CAGR of 68%
The green ammonia industry is forecast to expand at 68% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 82.4 million in 2023. Consumption of green ammonia is being dictated by the rising demand from the shipping industry. In addition, green hydrogen production initiatives are …
Renewable Naphtha Industry Set for Impressive Expansion, Anticipates USD 1,698 Million Market by 2033, with a CAGR of 13.7%
According to Future Market Insights, the renewable naphtha industry will be worth US$ 466.58 million in 2023 and US$ 1698 million in 2033, with a CAGR of 13.7%. Increasing fuel blending practices in order to comply with new regulations concerning fuel composition will also increase demand for renewable naphtha. The use of renewable naphtha by refineries is …
Sodium Hydroxide Industry Anticipates 4.0% CAGR Growth, Targets USD 46,048.7 Million Market by 2033
The global sodium hydroxide industry is anticipated to create lucrative opportunities over the assessment period by exhibiting a CAGR of 4.0% from 2023 to 2033. The global market is likely to reach a worth of US$ 31,108.9 million in 2023 and surpass a market valuation of US$ 46,048.7 million in 2033. The global sodium hydroxide market was …