The global downstream processing market is on an impressive growth trajectory, driven by heightened adoption in biopharmaceutical companies and contract research organizations. Recent market analysis reveals that the market, valued at USD 24.9 Billion in 2022, is projected to soar to USD 72.3 Billion by 2032. This growth is underpinned by a robust compound annual …
Category Archives: Press Release
Analysis of High Barrier Packaging Films for Pharmaceuticals Market: Growth Drivers and Industry Trends | FMI Study
The global high barrier packaging films for pharmaceuticals market is forecast to expand at 5.3% CAGR over the estimated time-period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 484.8 million in 2023. The market for high barrier packaging films for pharmaceuticals is experiencing robust growth due to several key factors driving demand. These films …
Acrylic Styrene Acrylonitrile Resin Market Poised for Steady Growth with 5% CAGR, Projected to Reach USD 1,432.74 Million by 2032
The acrylic styrene acrylonitrile resin industry is anticipated to experience sustained growth with a 5% compound annual growth rate (CAGR), culminating in a revenue share reaching USD 1,432.74 million. This projection underscores the resilience and potential of the industry, driven by factors such as increasing demand in various end-use sectors, technological advancements, and expanding applications, …
Temperature Controlled Pharmaceutical Container Market Value to Reach US$ 7.7 Billion by 2034 end | FMI
In 2019, the worldwide temperature controlled pharmaceutical container market was assessed to be around US$ 3.5 billion. From 2019 to 2023, the global demand for temperature controlled containers in the pharmaceutical sector increased at a rate of 5.5% per year. In 2023, the entire market generated around US$ 4.6 billion and is flexing to make …
Global Cocoa Bean Extract Market Set for Steady Growth, Valued at US$ 11 Billion by 2032 – Future Market Insights
According to a comprehensive report by Future Market Insights (FMI), the global cocoa bean extract market is poised for robust growth over the next decade. Valued at US$ 7.6 billion in 2021, the market is expected to reach US$ 7.9 billion in 2022, marking a year-over-year expansion of 3.9%. The market is projected to …
Industrial Drum Market Projected to Reach US$ 20.4 Billion by 2034 Driven by Rising Demand in Chemical and Petroleum Sectors
The industrial drum market is anticipated to reach a valuation of US$ 12.9 billion in 2024. The industry is projected to be worth US$ 20.4 billion by 2034, rising at a CAGR of 5.1% between 2024 and 2034. The market is experiencing substantial growth, fueled by escalating demand across diverse sectors. These durable containers are vital in safely transporting and storing liquids, chemicals, …
Trade Expansion and Efficient Logistics Boost Folding IBC Market, Anticipated to Reach US$ 1,471.2 Million by 2033
The folding IBC market is forecast to reach US$ 793.6 billion in 2023 and US$ 1,471.2 billion in 2033. A 6.3% growth rate is expected between 2023 and 2033. Industry sectors such as chemical, pharmaceutical, and food and beverage can all be attributed to this growth. The flexibility and space-saving attributes of folding IBCs make them highly sought after in sectors …
Global Food and Beverage Additive Market to Hit US$ 104.79 Billion by 2034, Driven by Asia-Pacific Demand and Packaged Food Growth
Future Market Insight’s new survey estimates that the food and beverage additive market is anticipated to be valued at US$ 65.20 billion in 2024 and is projected to reach US$ 104.79 billion by 2034, witnessing a CAGR of 5.80% from 2024 to 2034. Download the Sample PDF report to explore key market insights and trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-911 The consumption of food additives in the beverage …
Gas Treating Amine Market Forecasts Total Sales of US$ 5,630.5 Million by 2034, Growing at a 5.7% CAGR | FMI Reports
As per the latest analysis, the global gas treating amine market value is forecast to increase from USD 3,234.4 million in 2024 to USD 5,630.5 million by 2034. Global demand for gas treating amines is set to surge at a CAGR of 5.7% between 2024 and 2034. Monoethanolamine (MEA) remains the top-selling product in the …
India Stainless Steel Market Gains Momentum with 6.2% CAGR, Projected to Reach US$ 31,905.2 Million by 2034 | FMI Reports
As per the latest report, india’s stainless steel market value is forecast to increase from USD 17,452.5 million in 2024 to USD 31,905.2 million by 2034. It will emerge as a highly lucrative pocket for manufacturers, with sales rising at a CAGR of 6.2%. Austenitic stainless steel remains popular in India owing to its features like …