Flexible intermediate bulk container (IBC) is a reusable industrial container designed for the transport and storage of bulk liquid and granulated substances, such as chemicals, food ingredients, solvents, pharmaceuticals, etc. A new research report by Future Market Insights, titled ‘Folding IBCs Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028’ is a crystal clear overview of the global folding IBCs market during …
Category Archives: Press Release
Heat Pumps Market to Hit US$ 50 Bn Mark by 2030 : FMI
Future Market Insights (FMI) has estimated the Heat Pumps Market to grow with a year-on-year growth of 3.6% in 2022 reaching a value of about US$ 33,156 Mn by 2022 end. Heat Pumps Market Size (2021A) US$ 31,994 Mn Heat Pumps Sales (2022E) US$ 33,156 Mn Projected Heat Pumps Market Size (2030F) US$ 50,714 Mn Value CAGR (2022-2030) 5.4% Collective Value Share: Top 3 Countries (2022E) 65.7% …
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Power Tools Market will drive growth in the power tools demand by 5.1% CAGR 2021-2031
The global power tools market size is expected to reach US$ 33.36 Bn in 2021. Increasing sales of cordless power tools will drive growth in the power tools demand by 5.1% CAGR between 2021 and 2031. The report also predicts power tools sales to constitute nearly 7% to 8% of the global tooling industry. Estimated Power Tools Market Size (2021E) US$ 33.36 …
India power tools market is anticipated to register healthy CAGR 9.5% During 2016–2026 : FMI
India power tools market is anticipated to register healthy CAGR of 8.9% in terms of value, and 9.5% in terms of volume over the forecast period (2016–2026). Growth of the power tools market in terms of revenue is attributed to various factors, regarding which FMI offers detailed insights in the report. Power tools utilise a power source mechanism, …
Electrical Steel Market are set to be valued at 6.5% CAGR from 2021 to 2031 : FMI
The global sales of electrical steel are set to be valued at over US$ 37.5 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report estimates the market to expand at over 6.5% CAGR from 2021 to 2031. According to the annual market analysis conducted by Future Market Insights, expansion of …
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Centrifugal Pumps Market sales to register positive growth at 4.6% CAGR 2021-2031 : FMI
The Centrifugal Pumps Market is expected to register positive growth through 2021, with the overall valuation forecast to surpass US$ 29 Bn in 2021. Future Market Insights (FMI) projects centrifugal pumps market sales to increase at 4.6% CAGR between 2021 and 2031. While industrial applications are expected to register maximum demand, growth exhibited by the agricultural segment will be at a …
Variable Frequency Drive (VFD) Market is poised to grow at a value exceeding CAGR 5% through 2031: FMI
Variable frequency drives have been consistently improving system reliability and performance for the past 40 years. They will continue to impact industrial growth during the assessment period. Manufacturers are likely to experience widening profit margins across the South Asia & Pacific region, with China emerging at the forefront in the wake of exploding construction and …
Commercial Refrigeration Equipment Market is estimated to be US$ 51.8 Bn in 2022 and is projected to reach US$ 68.3 Bn by 2028: FMI
The global commercial refrigeration equipment market is estimated to be US$ 51.8 Bn in 2022 and is projected to reach US$ 68.3 Bn by 2028, at a CAGR of 4%, from 2022 to 2028. The commercial refrigeration equipment market is expected to shift towards natural refrigerant-based systems because of the potential for large energy savings, and implementation of stringent regulations …
Global Produced Water Treatment Systems Market Is Projected To Grow At A CAGR Of 5.8% Between 2022 And 2029
FMI has segmented the produced water treatment systems market on the basis of technology into primary, secondary, and tertiary. The global produced water treatment systems market is estimated to be worth around US$ 4.29 Bn in 2022. With rising oil and gas activities across the world, the overall market is projected to grow at a CAGR of 5.8% between 2022 and 2029, surpassing a …
Lead Acid Battery Market Valuation Is Expected To Reach Valuation Will Top US$ 90.5 Bn By 2031
The global sales of lead acid battery are set to be valued at over US$ 54.3 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report has forecast the market to expand at over 5.2% CAGR between 2021 and 2031. Get | Download Sample Copy with Graphs & List of Figures: …