The global market for power electronics is predicted to grow at a 5% CAGR, reaching US$ 44 billion by 2032. In 2022, the market is expected to be worth US$ 28 billion. The power electronics market is expanding at a modest rate, with an average CAGR over the forecast period. Currently, the electronic industry is quickly expanding …
Category Archives: Press Release
Dynamic Random Access Memory (DRAM) Market Size Predictions : US$ 10.3 Billion by 2032
The size of the global Dynamic Random Access Memory (DRAM) market is anticipated to increase at a CAGR of 5% from 2022 to 2032, reaching US$ 10.3 billion. By the end of 2022, it is anticipated to surpass the US$ 6.9 billion mark. The fast global uptake of personal computing devices is probably going to drive up …
In-Memory Analytics Tools Market to Achieve a High CAGR Of 25% from 2022 to 2032 | Report by FMI
The global in-memory analytics tools market is expected to reach US$ 1.65 billion in 2022 at a CAGR of 25%, surpassing US$ 8.09 billion by 2032. In-memory analytics is a platform for running queries and interacting with data stored in main memory disc rather than hard disc. In recent past, analytics and reporting has changed dramatically. In …
Importance of Potassium Chloride Market in Agriculture to Reach US$ 18.10 Billion by 2033: A Key Nutrient for Healthy Soil
The global potassium chloride market is worth US$ 13.08 Billion as of now and is expected to reach US$ 18.10 Billion by the year 2033 at a CAGR of 3.3% between 2023 and 2033. Potassium chloride, also known as potassium salt or sylvite, comes across as a metal halide containing potassium and chlorine. Apart from being odorless …
Innovative Applications of Magnesium Carbonate Minerals Market in the Construction, Chemicals, Pharmaceuticals & Personal Care Industry
Magnesium carbonate minerals are witnessing an upsurge in demand, owing to their application in multiple end-use sectors such as pharmaceuticals & personal care, and construction. Magnesium carbonate minerals are used to produce raw materials that serve as refractory materials for steel, metallurgy, and ceramic industries. End users such as the chemical industry also use magnesium carbonate …
Importance of Chlorine Disinfectants Market in Water Treatment Plants to Reach at US$ 4.2 Billion by 2030
Global chlorine disinfectant market revenues are poised to reach US$ 4.2 Bn by the end of the forecast period, 2022 – 2030. Heightening concerns regarding the novel coronavirus (COVID-19) pandemic are triggering the need to maintain hygiene in healthcare and residential facilities. In line with this, global sales of chlorine disinfectants are set to soar promisingly in …
Growing Demand for Polypropylene Yarn Market in Textile Industry Totaling a Valuation of over 23.85 Billion by 2029
Polypropylene yarn is witnessing high demand from textile industries, since it is used for the manufacturing of carpets, socks, etc. Polypropylene yarn is lightweight and cost-effective and also provides high strength to the end product. It has a hygienic structure, which does not cause any allergic reactions; it does not hold moisture and water, and it is …
Growing Demand for Ammonium Phosphate Market in Agriculture Industry on the Use of Organic Fertilizers
The ammonium phosphate market in Europe and North America is projected to witness relatively moderate growth during the forecast period. Stringent regulatory norms regarding the use of inorganic fertilizers are hindering the growth of the ammonium phosphate market in the region. The primary focus of manufacturers in these two regions is on the use of organic fertilizers. …
Rise of the Dolomite Market: The Growing Demand in Construction Industry to Reach US$ 5,280 Million by 2032
The global Dolomite market is expected to be valued at US$ 3.41 Billion in 2022. With the growing demand from construction, agrochemicals, mining & metallurgy, pharma & healthcare, and glass & ceramics sectors, overall demand for Dolomite is projected to grow at a CAGR of 4.4% between 2022 and 2032, totaling around US$ 5.28 Billion by 2032. Dolomite is …
Role of Calcium Acetate Market in the Pharmaceutical, Agriculture, Food and Beverages Industry
Steady demand for calcium acetate continues to arise from diverse quit-use industries along with meals & drinks, prescription drugs, textiles, agriculture, and petroleum. The international calcium acetate market is poised for a modest boom at approximately 3% CAGR through the length of the projection length (2022-2029). Moreover, manufacturers have targeted assignment growth-orientated techniques for long-time period competitive …