In 2021, the market for hazardous area equipment was estimated to be worth US$ 8.84 billion. By 2032, it is anticipated to be worth US$ 15.43 billion, growing at a CAGR of 5.2 percent. Factors such as the growing importance of emerging economies result in the rise of a variety of industries that rely heavily on hazardous area equipment, which frequently …
Category Archives: Press Release
Asia Pacific Is Expected To Lead The Global Poultry Keeping Machinery Market In Terms Of Market Value, Accounting For Nearly 39.5% Share In The Global Market
The global poultry keeping machinery market is set to be valued at around US$ 5.09 Bn in 2022, registering Y-o-Y growth of 3.2%. The market is projected to increase at a CAGR of 3.6% and attain a valuation of US$ 6.54 Bn by 2028. The study primarily credits rising poultry meat consumption with the market for poultry-keeping equipment’s promising future. The study found that areas like Latin …
Light Therapy Market is projected to reach a valuation of US$ 1.8 Bn by 2033 | FMI
The net worth of the Light Therapy industry’s market share is expected to increase from US$ 1.0 billion in 2023 to over US$ 1.8 billion by 2033. From 2023 to 2033, the market for light therapy is expected to rise at a 5.7% CAGR as the preference for light treatment grows due to major depressive …
Polydimethylsiloxane Market Comprehensive Shares, Historical Trends And Forecast By 2032
The global polydimethylsiloxane market is estimated to reach $2,644.7 million by 2032, increasing at a 5.6% CAGR. In 2022, the market is expected to be worth $1,533.7 million. The demand for complex polydimethylsiloxane systems is being driven by modern medical developments. The demand for cosmetics and personal care items is also propelling the polydimethylsiloxane industry …
Rising Adoption of Automation Across Oil & Gas Companies Fueling Oil & Gas Terminal Automation Market Growth in the U.S – FMI
Rising demand for energy across the globe along with increasing investments in terminal automation solutions is expected to provide a strong thrust to the growth of the oil & gas terminal automation market during the forecast period. The global oil & gas terminal automation market size was valued at US$ 1258.0 Mn in 2021 and is likely to surpass …
Photoresist Chemicals Market – Major Revenue Gain is Predicted by 2032
The market for photoresist chemicals is expanding due to the inherent properties of photoresist chemicals and the lack of any viable substitutes. Between 2022 and 2032, overall demand for photoresist chemicals is expected to expand at a CAGR of 3.6%, totaling roughly US$ 4,537.2 Million. Photoresist chemicals are used in the fabrication of µm- and sub-µm …
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RFID Printers Are Highly Employed In Inventory Management Systems In Warehouses, Impacting The Barcode Printers Market Expansion – Future Market Insights, Inc
During the forecast period, the global market for barcode printers is anticipated to grow at a moderate rate of 7.4%. In 2022, the market is expected to be worth US$4,188.60 million. By the year 2032, it is predicted that the market for barcode printers will reach a high of US$ 8,552.87 Million. The experts at Future Market Insights have calculated historical …
Shunt Reactor Market Players To Tap Into North America For Lucrative Investment Opportunities Through 2030 – Future Market Insights, Inc
The growth of global shunt reactor market is linearly associated with energy demand worldwide, states a new study by Future Market Insights (FMI). Consumption of primary energy stood globally at 576 exajoules in 2019, with China, the US, and India leading the way. Alerted by the increasing carbon footprint, the industrial sector is rapidly investing in renewables, …
Purified Terephthalic Acid (PTA) Market is expected to flourish at a CAGR of 5.5%, From 2022 to 2032
In 2022, the global purified terephthalic acid (PTA) market is anticipated to be worth US$ 58,248.1 million. Polyester fibres’ rising use due to their ability to blend with various natural and synthetic fibres is expected to drive demand during the projection period. Purified terephthalic acid (PTA) consumption is expected to expand at a 5.5% CAGR …
Optical Coating Market– Business Opportunities and Global Forecast to 2032
According to research conducted by Future Market Insights on the optical coating market, demand is estimated to reach a valuation of US$ 22,598.7 Mn by the end of the assessment period. The Global Optical Coating Market is expected to grow at a rapid pace during the forecast period, with a growth rate of 8.8% owing …
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