According to the latest report by FMI, the thionyl chloride industry size is projected to be worth USD 518.7 million in 2024 and USD 829.9 million by 2034. The industry is expected to experience revenue growth at a moderate CAGR of 4.8% during the forecast period. Thionyl chloride is used in various end-use industries such as agrochemicals, …
Category Archives: Press Release
Rising Demand for Antimicrobial Car Care Products: Protect Your Vehicle Amid Global Health Concerns
A new Future Market Insights (FMI) study suggests that the global antimicrobial car care products industry share is set to expand at a robust CAGR of 7.3% during the forecast period of 2022 to 2030. The rising prevalence of antimicrobial and antiviral cleaning solutions coupled with the adoption of advanced technologies in car care products are projected …
Surge in Colloidal Silica Solutions: Driving Growth in CMP Slurries for Electronics and Semiconductor Industries
The global colloidal silica industry demand was valued at USD 252.0 Million in 2022 and is projected to expand at a CAGR of 3.9% during the forecast period (2022-2030). Colloidal silica is finding immense use in the electronics & semiconductor industry, wherein, it plays a critical role in the production of ultra-flat, uniform, and low-detection surfaces …
Chlorine Disinfectant Market Forecast: USD 5145.8 million by 2034 as Demand Soars for Sanitation in Healthcare and Public Facilities
The global chlorine disinfectant industry demand is anticipated to reach USD 3159.1 million in 2024. The sector is projected to grow at a CAGR of 5% during the forecast period. In line with this, global sales of chlorine disinfectants are set to soar promisingly in the near term, as projected by a new Future Market Insights (FMI) study. …
Global DNA Synthesis Market to Reach USD 9,999.6 Million by 2033, Growing at a CAGR of 13.2%
The global DNA synthesis market is poised for remarkable growth in the coming decade, with its valuation projected to rise from USD 2,898.3 million in 2023 to USD 9,999.6 million by 2033. The market is expected to expand at a strong compound annual growth rate (CAGR) of 13.2% during the forecast period, driven by increasing …
Global F-Style Jugs Market Set for Steady Growth with Projected CAGR of 4% to 5%
F-Style Jugs Market The global F-style jugs market is on track to experience steady growth, with an estimated compound annual growth rate (CAGR) of approximately 4% to 5% during the forecast period from 2022 to 2032. The increasing demand for high-performance packaging solutions for storing and stacking liquid products is creating lucrative opportunities for market …
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Global Masking Paper Market Projected to Reach New Heights with a Steady CAGR of 5.42%
The global masking paper market is projected to experience a steady growth trajectory, with a Compound Annual Growth Rate (CAGR) of approximately 5.42% anticipated during the forecast period of 2022 to 2032. This growth is attributed to the increasing adoption of masking paper across diverse applications, including painting, thermal spraying, and printing. Masking Paper: A Versatile Solution …
Nestable Drums Market Projected to Reach USD 446.3 Million by 2034, Driven by Demand for Durable and Space-Efficient Solutions
Nestable Drums Market The global nestable drums market is set to witness significant growth, with an estimated market size of USD 335.3 million in 2024, projected to reach USD 446.3 million by 2034. This growth represents a compound annual growth rate (CAGR) of 2.9% during the forecast period. In 2023, the revenue generated by nestable …
Dairy Container Market to Reach USD 38.4 Billion by 2034, Driven by Sustainability and Convenience Trends
Dairy Containers Market The global dairy container market is poised for significant growth, with projections indicating a valuation of USD 38.4 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.3% from an estimated USD 27.7 billion in 2024. This growth is largely fueled by increasing consumer demand for convenient, sustainable …
Global Medical Packaging Market to Reach US$ 149.8 Billion by 2033, Driven by Pharmaceutical Growth and Technological Advancements
Medical Packaging Market The global medical packaging market is on track to experience significant growth, with a projected compound annual growth rate (CAGR) of 6.7% from 2023 to 2033. The market value is expected to rise from US$ 78.3 billion in 2023 to US$ 149.8 billion by 2033, reflecting a year-over-year growth of 3.29% in …