The compound semiconductor materials market size is predicted to be worth US$ 24.31 billion in 2023 and rise to US$ 69.02 billion by 2033. Initially, the global market was expanding at a CAGR of 9.1% from 2018 to 2022. Data transactions have increased due to growing industrialization, which is fueling the expansion of the semiconductor market globally. …
Category Archives: Press Release
Global Copper Foil Market Set to Surge to US$ 13,746.9 Million by 2033, Fueled by Expanding Electronics and Electric Vehicle Industries
The global copper foil industry size is predicted to register a CAGR of 7.4% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 6,732.3 million in 2023 to US$ 13,746.9 million by 2033 end. The robust growth of the copper foil industry can be credited to the surge in demand for …
Future Market Insights (FMI) Foresees Dolomite Market Skyrocketing Beyond US$ 5,487.1 Million by 2033, Fueled by Multifaceted Industrial Demands and Sustainable Innovations
According to forecasts, the dolomite market size is expected to be US$ 3,567.3 million in 2023 and US$ 5,487.1 million by 2033. Throughout the projection period, demand for low-carbon steel products is predicted to rise and support market expansion. Government-led fiscal stimulus is the main driver of the nation’s economic development, which boosts investor spending and company …
Global Polycarbonate Sheets Market Poised for Remarkable Growth Fueled by Automotive and Construction Sectors, Anticipates 4.3% CAGR by 2029 with Thriving Asia Pacific Market Dynamics
The global polycarbonate sheets market is set for propitious growth, invigorated by promising demand from automotive, and building & construction industries. Witnessing a projected CAGR of 4.3% from 2019 to 2029, this billion-dollar industry will receive noteworthy momentum from the Asia Pacific market. Expediting infrastructural activities in developing countries continue to create lucrative white spaces for …
Global Anti-Seize Compounds Market, Predicting a 4.1% CAGR Surge Between 2022 and 2029, Propelled by Robust Infrastructure Investments Worldwide
According to the latest report by FMI, the global anti-seize compounds market is expected to reach a valuation of US$ 236.4 Million by 2029. Increasing urbanization and rapid industrialization are creating massive opportunities for the construction industry, and significantly contributing to the rising demand for anti-seize compounds. Substantial growth in the anti-seize compounds market is mainly backed …
Global Nitric Acid Market Forecasts Project a Whopping US$ 42.7 Billion Valuation by 2033, Fueled by Escalating Demand in Automotive Sector and Agrarian Economies
The global nitric acid market is anticipated to attain a valuation of US$ 30.66 billion in 2023 and is estimated to reach US$ 42.7 billion by 2033, trailing a CAGR of 3.3% during the forecast period. The nitric acid market is poised for growth, fueled by the rising demand from fertilizer formulators and the increased consumption of …
Global Pouch Packaging Machines Market Continues to Surge, Fueled by Food and Beverage Industry
According to research conducted by Future Market Insights, the global pouch packaging machines market is poised for significant growth, with a projected valuation of US$ 1.8 Billion by the year 2032, representing a robust CAGR of 4.1% from 2022. The top 5 companies in the market are anticipated to command between 15 to 20% of …
Laser Scored Bags Market Poised for Remarkable Growth, Reaching USD 45.5 Billion by 2032
The laser-scored bags market is experiencing robust growth, projected to flourish at a promising Compound Annual Growth Rate (CAGR) of 7.1% from 2022 to 2032, ultimately reaching a valuation of USD 45.5 Billion. Notably, the market recorded a value of USD 22.91 Billion in 2022, indicating significant expansion prospects in the coming years. Easy packaging …
Sleeve Wrapping Machines: Revolutionizing Packaging Solutions Across Industries
Over the past decade, the sleeve wrapping machine market has undergone a profound transformation, fueled by the global expansion of numerous micro and macro industries. From craft beer cans to tamper-evident pharmaceuticals to personal care products, the demand for sleeve wrapping technology is on the rise, with all indicators pointing towards continuous growth. The introduction …
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Global Sponge Applicator Market Set to Reach US$3 Billion by 2032, Forecasts Future Market Insights
According to a recent report by Future Market Insights (FMI), the sponge applicator market is poised for substantial growth. By the end of 2022, the market is anticipated to achieve a value pool of US$ 1.8 Billion, with a projected Compound Annual Growth Rate (CAGR) of 5% from 2022 to 2032. The global market is …