A CAGR of 5.3% is estimated for the global straw market during the projected period. The market is projected to be valued US$19.2 billion in 2023. The amount is predicted to surpass $32.2 billion by 2033. Restaurants offering food service have grown dramatically in recent years. This would keep on being a significant factor affecting …
Category Archives: Press Release
Earth-friendly Revolution: The Growing Paper Packaging Market Poised to Reach US$ 5,73,705.45 million by 2033
According to FMI’s analysis, the global paper packaging market is expected to experience robust growth with a compound annual growth rate (CAGR) of 4.1% during the forecast period. By the end of 2033, the industry is projected to reach a market value of US$ 573,705.45 million, compared to US$ 383,867.8 million in 2023. The increasing …
Electronic Wipes Market is Likely to Enter ~US$ 1350.18 Million by the End of 2032
The Electronic Wipes Market is likely to hold the global market at a moderate CAGR of ~7.6% during the forecast period. The global market holds a forecasted revenue of ~US$ 655.17 Million in 2022 and is likely to cross ~US$ 1350.18 Million by the end of 2032. The increasing proliferation of electronic devices, consumers are demanding for natural and eco-friendly electronic wipes to …
Electric Soap Dispenser Market is Likely to Cross ~US$ 2.19 Billion by the End of 2032 | Report By FMI
The Electric Soap Dispenser Market is likely to hold the global market at a moderate CAGR of ~6.3% during the forecast period. The global market holds a forecasted revenue of ~US$ 1.28 Billion in 2022 and is likely to cross ~US$ 2.19 Billion by the end of 2032. One of the most effective key factors that support people to live in a healthy …
Wood Preservative Chemicals & Coatings Active Ingredients Market is Projected to Surpass US$ 320.3 Million by 2032
The global wood preservative chemicals & coatings active ingredients market stands at US$ 218.5 Million as of now and is expected to reach US$ 320.3 Million by the year 2032 at a CAGR of 3.9% between 2022 and 2032. Wood preservation chemicals, as the name suggests, render protection against fungi and insects that attack the wooden surface. …
Exploring the Growth of the Mushroom Materials Market Worth US$ 8.05 Billion by 2032
In 2022, the mushroom materials market is projected to be worth US$ 4,561 million. Materials made of mushrooms are more popular since they are portable, simple to use, and good for the environment. The overall demand for mushroom materials is anticipated to increase at a CAGR of 5.8% between 2022 and 2032, reaching a total of approximately …
Future Prospects of the Ground and Precipitated Calcium Carbonate Market: Opportunities and Challenges
Two of the prominent types of calcium carbonate that have found significant commercial applications are fine-ground calcium carbonate and precipitated calcium carbonate. Derived from calcium carbonate, these compounds find application primarily as mineral fillers for plastics, paints & coatings, rubbers & elastomers among others. Calcium carbonate is one of the most abundantly occurring minerals on …
Role of Ethanol Market in the Renewable Energy to Reach US$ 170 Billion by the end of 2032
The global ethanol market is anticipated to witness stable growth by registering a healthy CAGR of 4.6% over the projection period from 2022 to 2032. The global market is predicted to reach US$ 109 Billion in 2022 and surpass US$ 170 Billion by the end of 2032. As per historic estimations, the ethanol market registered a growth …
Future of the Formaldehyde-Free Resins Market: Growth Projections and Trends in Construction Industry
The global formaldehyde-free resin market was worth US$ 8.35 Billion in the year 2022 and is expected to reach US$ 16.26 Billion by the year 2032 at a CAGR of 6.9% between 2022 and 2032. Formaldehyde-free resin is looked upon as a good replacement for traditional urea-formaldehyde and phenol-formaldehyde resins used for insulations in adhesive, furniture, and …
Importance of Flocculants and Coagulants Market in Water Treatment is Set to Reach Projected US$ 10.91 Billion by 2032
The global flocculant and coagulant market is projected to grow at a moderate CAGR of 5.5% from 2022 to 2032. The market is set to reach an estimated US$ 10,910.4 million by 2032, rising from US$ 6.387.3 million in 2022. Historically, the market recorded an average CAGR of 4.2% from 2016 to 2017. The estimated growth for …