New Product Development
Ammonium thiosulfate has witnessed a considerable increase in demand from diverse end use industries such as agrochemicals, pharmaceuticals, water treatment, agriculture and mining sector among others. Owing to the growing demand for crop production across the globe, demand for nitrogen & phosphate based fertilizers is anticipated to increase in the coming years. Rising need for more nutrients in the …
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According to the latest study by Future Market Insights (FMI), the chlorophyll color market is expected to be valued at US$ 126.2 Mn in 2021, exhibiting impressive growth at 9.6% CAGR through 2031. As flavored products are becoming increasingly popular among consumers, demand for natural food color solutions that are stable and produce a two-color combination is increasing. Increased availability of …
As per a recent market study by Future Market Insights (FMI), the global automotive die casting lubricants market is projected to reach US$ 118.4 Mn in 2021, expanding at a 4.1% CAGR over the assessment period. Increasing sales of automobile across the globe driven by growing urban population is elevating the demand for automotive die casting lubricants over the forecast period. …
As per a recent market survey by Future Market Insights (FMI), the global heat shrink tubing and sleeves market is projected to reach US$ 1,879 Mn in 2021, expanding at a healthy 5.9% CAGR over the forecast period of 2021-2031. Rapid advancements in industrial sectors across the globe, along with increasing investments in mechanical equipment are key factors driving sales of …
Continue reading “Heat Shrink Tubing and Sleeves market is projected to reach US$ 1,879 Mn in 2021”
According to Future Market Insights (FMI), the wear plate market is projected to reach a valuation of US$ 6.95 Bn in 2021. Rise in mining and construction activities across the globe is expected to push the sales of wear plates. On account of this, the sales are expected to increase at 6.3% CAGR, surpassing US$ 12.82 Bn over the forecast period of 2021 …
According to Future Market Insights (FMI), over the forecast period from 2021 to 2031, the global cargo bike tire market is projected to grow at a CAGR of 12.2%. Key factors driving the cargo bike tire market are higher life-span offered by cargo bikes, rise in the number of miles being ridden by cargo bikes each year, increasing …
The U.S. automotive and aircraft leather aftermarket is projected to reach a valuation of US$ 7.8 Bn in 2021. Rising demand for high-quality, lightweight, and durable leather for automotive and aircraft interiors is expected to push sales at 3.6% CAGR, with the market valuation reaching US$ 11.1 Bn in 2031. Automotive and aircraft interior genuine leather is designed to provide comfort and to …
As per a recent market analysis by Future Market Insights (FMI), the global caps and closures market is anticipated to reach US$ 81.6 Bn in 2021. With a favorable demand outlook from the food & beverage and pharmaceutical industries, the market is projected to grow at a 5.6% CAGR through 2031. Caps and closures made from plastic and metal are widely …
Newly released data by Future Market Insights (FMI) projects the global pharmaceutical cold chain packaging market to register a CAGR of ~15%, to reach US$ 46.9 Bn by 2031. As per the report, polymer will emerge as the top-choice for packaging material and it is expected to account for over 62.1% of the global market share in 2021. It also …
As per Future Market Insights, the two wheeler components & consumables demand is expected to rise at a year-on-year (YoY) growth of 6.7%, reaching US$ 26.1 Bn in 2021. Increasing demand from motorcycle segment will drive the two wheeler components & consumables market at 7.8% CAGR over the forecast period from 2021 to 2031. A recent market study published by Future Market …