The corrugated fiberboard market is on a robust growth trajectory, projected to expand significantly from 2023 through 2033. FMI anticipates a steady CAGR of 5.9% over this period, with the market starting at a valuation of USD 105.9 billion in 2023 and expected to reach USD 187.9 billion by 2033. This growth reflects the increasing global demand …
Category Archives: Press Release
Laminated Tube Closure Market is Supposed to Rise at a CAGR of 3.7% by 2033 | Future Market Insights, Inc.
The global laminated tube closure market is poised for substantial growth over the next decade, according to a recent report by Future Market Insights. Starting at an estimated valuation of USD 134.6 million in 2023, the market is projected to reach approximately USD 193.6 million by 2033, advancing at a steady CAGR of 3.7% from 2023 to …
Global Abrasive Market Size to Reach USD 81,694.6 million by 2034 | FMI
The global abrasive industry demand is experiencing noteworthy growth, with a projected increase in valuation from USD 53,622.9 million in 2024 to USD 81,694.6 million by 2034. The market is expected to grow at a CAGR of 4.3% through 2034, driven by increasing demand from industries such as automotive, construction, and metalworking. The construction industry, in particular, …
Continue reading “Global Abrasive Market Size to Reach USD 81,694.6 million by 2034 | FMI”
Global Glass Fiber Reinforced Plastic (GFRP) Composites Market Size to USD 41.53 billion by 2033 | FMI
The GFRP composites market is experiencing significant momentum, with a market size of USD 18.54 billion in 2023 and expected to more than double to USD 41.53 billion by 2033. The CAGR for the forecast period (2024-2034) is estimated at 8.4%, highlighting the rapid adoption of GFRP composites across multiple sectors. The Glass Fiber Reinforced …
Global Ferrite Market Size to Grow at 5.2% CAGR by 2032 | FMI
The fire retardant coatings market is likely to register a CAGR of 6% during the forecast period and is anticipated to reach a market share of USD 9.17 Billion in 2032, from USD 4.83 Billion in 2021. Leading players in the global ferrite market size are leveraging the unique chemical as well as physical properties of …
Continue reading “Global Ferrite Market Size to Grow at 5.2% CAGR by 2032 | FMI”
Herbicides Market Growth Driven by Rising Food Demand and Advanced Crop Protection Solutions, Expected to Achieve 6% CAGR | FMI
The global herbicides industry size is anticipated to create a positive growth outlook for the market by registering a stable CAGR of 6% during the forecast period from 2022 to 2032. Some of the significant variables are expected to drive the growth of the global herbicides market incorporating the increased knowledge about the advantages of spraying herbicides pre- and …
Global Calcium Carbonate Market Size Projected to Surge to USD 41,382.5 Million by 2032 | FMI
In recent years, the calcium carbonate market has emerged as a significant player in various industries, driven by its diverse applications and strong growth potential. According to a comprehensive market study by Future Market Insights (FMI), the global calcium carbonate market is expected to see remarkable growth, with an estimated market size of USD 24,442.7 …
Global Polyamide Resins Market Demand Set to Reach USD 6.7 Billion by 2032 | FMI
The global polyamide resin market size is projected to experience substantial growth over the forecast period, with revenues expected to increase from USD 4.6 billion in 2022 to approximately USD 6.7 billion by 2032, reflecting a compound annual growth rate (CAGR) of 3.5%. This growth can be attributed to the rising demand for polyamide resins …
Continue reading “Global Polyamide Resins Market Demand Set to Reach USD 6.7 Billion by 2032 | FMI”
Rising Demand for Fire Protection Drives Fire Retardant Coatings Market Growth to USD 9.17 billion by 2032 | FMI
During the projected period, the fire retardant coatings industry size is expected to grow at a CAGR of 6%, reaching a market share of USD 9.17 billion in 2032, up from USD 4.83 billion in 2021. Fire retardant coatings work on the basis of the ability to suppress the production of gases produced at the time …
Crown Closures Market Set for Steady Growth, Projected to Reach USD 1.39 Billion by 2033
Crown Closures Market The crown closures market is on a promising trajectory, projected to be valued at USD 1,096.1 million in 2023, with expectations to reach USD 1,389.47 million by 2033. This growth reflects a compound annual growth rate (CAGR) of 2.4% during the forecast period, underscoring the importance of crown closures in the packaging industry. The …