The global veterinary rehabilitation services market is poised for exponential growth, reflecting the increasing global focus on pet wellness and the surging rates of pet ownership. Recent market analysis reveals that the market demand reached USD 792.5 million in 2022 and is projected to rise to USD 882 million in 2023. By 2033, the market …
Category Archives: Press Release
Green Ammonia Gains Traction as Eco-Friendly Fertilizer Demand Soars Amid Sustainability Focus
The green ammonia industry size is forecast to expand at 68% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 82.4 million in 2023. Consumption of green ammonia is being dictated by the rising demand from the shipping industry. In addition, green hydrogen production …
Recycling Boom to Drive Growth in Global Scrap Metal Market, Creating New Job Opportunities
The recycled scrap market is gaining momentum as industries and consumers increasingly recognize the importance of sustainability and resource efficiency. With a projected compound annual growth rate (CAGR) of 5.4%, the market is expected to reach a valuation of USD 103.97 billion by 2032. This growth is driven by various factors, including the rising demand …
Polypropylene Yarn Industry Set for Robust Growth, Projected to Reach USD 30,317.9 million by 2034
Polypropylene yarn is a versatile and durable textile material made from polypropylene, a thermoplastic polymer. Known for its strength, lightweight nature, and resistance to moisture and chemicals, polypropylene yarn is increasingly utilized across various industries, including textiles, automotive, construction, and agriculture. Its unique properties make it an ideal choice for applications ranging from carpets and …
Sodium Silicate Market to Expand with Sustainable Applications in Detergents, Coatings, and Chemicals
The global sodium silicate market is set to grow at a steady CAGR of 3% during the forecast period (2019 to 2029), as projected by a new report of Future Market Insights (FMI). The growth is primarily fueled by the sodium silicate’s eco-friendly and non-toxic nature, which makes it ideal for numerous industrial applications such as detergents, …
Optically Clear Resin Industry Forecast: 6.1% CAGR to Drive Industry Growth, Driven by Demand in Electronics and Automotive Sectors
The Optically clear resins (OCRs) are essential materials widely used in applications where transparency and clarity are crucial. The materials provide a unique combination of high optical clarity, strength, and flexibility, making them ideal for industries ranging from consumer electronics to automotive and optical lenses. Due to their ability to deliver distortion-free transparency, optically clear …
Rising Demand for Plant-Based Oleic Acid Boosts Market Growth, Expected to Reach USD 1,126.3 million in 2034 | FMI
The global market for oleic acid, a prominent compound known for its versatile applications and stability, is poised for significant growth. Estimated at USD 638.5 million in 2024, the market is projected to experience a Compound Annual Growth Rate (CAGR) of 5.8% from 2024 to 2034, reaching a valuation of USD 1,126.3 million by the …
Global Dimethyl Terephthalate Industry Poised to Reach USD 2,131.2 million by 2034 | FMI
The global dimethyl terephthalate (DMT) market sales, valued at USD 1,143 million in 2023, is on a robust growth trajectory. Over the forecast period, the market is projected to expand at a compound annual growth rate (CAGR) of 5.9%, with the industry value expected to surge from USD 1,202.5 million in 2024 to USD 2,131.2 million …
Global Galley Equipment Market Size Anticipated to Surge Past USD 16.8 Billion Mark by 2033, Driven by 5.3% CAGR Growth
The global galley equipment market is poised for a notable upward trajectory, propelled by a robust projected Compound Annual Growth Rate (CAGR) of 5.3% from 2023 to 2033. This sustained growth has garnered significant interest among industry stakeholders, anticipating the market’s valuation to reach an impressive USD 16.8 billion by 2033. Often underestimated yet fundamentally vital to the travel …
Global Current Carrying Wiring Devices Market to Reach USD 112.6 Billion by 2034, Growing at a CAGR of 6.2%
The global current carrying wiring devices market is poised for significant growth, with sales projected to increase from USD 61.8 billion in 2024 to an impressive USD 112.6 billion by 2034. The market, which was valued at USD 58.3 billion in 2023, is expected to exhibit a year-on-year (Y-o-Y) growth of 6.1% in 2024, underscoring the increasing demand for …