Global automotive wire and cable materials market revenues will grow by 7.3% in 2016, reaching nearly US$ 4 billion in revenues. Growth will be supported by increasing emphasis on safety and vehicle maintenance, as well as increasing installation of infotainment and navigation systems. Steady automotive sales will continue to serve the market well, especially in Asia Pacific, …
Category Archives: Press Release
Low Rolling Resistance Tire Market to register a staggering double-digit CAGR exceeding 11% through 2031
Surging carbon footprint attributed to heavy automotive usage has led manufacturers to improve existing vehicle tire designs has significantly heightened demand for low rolling resistance tires, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. As per the study, the global low rolling resistance market is slated to surpass a staggering CAGR of 11% across the …
Automotive Active Purge Pump Market is slated to witness impressive growth at 11.2% CAGR between 2021 and 2031
According to Future Market Insights (FMI), the global automotive active purge pump market is projected to expand at a CAGR of 11.2% between 2021 and 2031. As the focus on reducing vehicular emissions gains traction, sales of active purge pumps for automobiles will grow. The overall market valuation will total US$ 192 Mn in 2031, up from …
Metallized PET Remains Preferred in Bag-in-Tube Market, Wine and Olive Oil Packaging Key Growth Influencer
The bag-in-tube market is expected to outperform other alternatives as a single-use packaging system in the global flexible packaging landscape. Witnessing a stupendous CAGR of more than 13%, the global bag-in-tube market will exhibit remarkable growth between 2019 and 2029. Wine packaging would remain a prominent segment contributing to revenue growth of the global bag-in-tube …
Automotive In-Wheel Motors Market were estimated to be worth roughly US$ 1,541.4 Mn. By 2027
Automotive in-wheel motors have recorded a remarkable surge in sales in recent years, influenced by multiple factors ranging from greater driving range per charge to elimination of components such as driving and differential shafts. According to a study of Future Market Insights (FMI), the automotive in-wheel motors sales will exceed 720 thousand units in 2022. …
Gummed Tapes Market size is expected to increase at ~6.2% CAGR during the assessment period (2021-2031)
The global gummed tapes market is estimated to expand at 6.2% CAGR between 2021 and 2031, find Future Market Insights (FMI). These tapes are most preferred for sealing heavy equipment, furniture, and other bulky items to reduce the risk of damage during the transportation of the products. Sales of these tapes are expected to burgeon on the back of …
Watertight Doors Market to rise at a CAGR of 6.3% between 2021 and 2031
Watertight doors market witnessed sales of nearly 77,570 units by 2021 and is poised to register year on year growth of 6.7% in 2021. As per a study by Future Market Insights (FMI), buoyancy of the global watertight doors market can be attributed to- Optimistic outlook of coastal and marine tourism Surging rate of ocean-based …
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Demand for PET Blow Molders in North America to Witness Modest Growth
Booming food & beverage industry in the US and Canada demands higher production of plastic containers. Over time, a vast variety of carbonated and non-carbonated drinks have been developed across North America, some of which went on to span the globe. Manufacturers of these drinks and food products continue to seek customized bottles for packaging …
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Automotive Exhaust Manifold Market is anticipated to witness a considerable CAGR of 3.7% during the period of 2022 and 2026
With a key focus on the development of new technologies, in line with stringent government regulations aimed at emission control, the demand for efficient automotive exhaust manifold systems is estimated to grow at a rather modest rate, in 2019, as indicated by Future Market Insights (FMI) in a recently published market intelligence report. As per the analysis, …
North America’s Silo Bags Market to Grow Moderately at 4.8% CAGR during 2022-2026
The need to provide optimal protection for agricultural produce is coming at a great price for North American farmers and agroindustrialists. Serving this purpose, silo bags are likely to lose out in terms of demand, owing to rising prices of raw materials. Future Market Insights’ latest report on North America’s silo bags market indicates that undulating prices …
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