Smartphones have now become a prerequisite of modern living. At a gathering we can find 4 out of 5 people on their smartphone then be it for streaming TV shows, internet surfing, texting etc. Since, the last decade the market penetration for smartphones has grown to almost 70% globally and in parallel, the demand for …
Category Archives: Press Release
Nitric Acid Market is Estimated to Reach value of Approximately over US$ 37.63 Billion by the end of 2032
Demand for nitric acid market is increasing, as it is a component of many fertilizers. The global nitric acid market is set to witness a significant CAGR of 2.3% and is anticipated to reach a valuation of around USD 37.63 billion by 2032, up from USD 29.3 billion in 2021. Fertilizers are used to boost agricultural output in …
Ultrasonic Pulse Velocity Tester Market is likely to Garner a CAGR of 7.2% During the Forecast Period 2027 | FMI
As per a recent in-depth analysis by Future Market Insights (FMI), demand for ultrasonic pulse velocity testing solutions is steadily increasing, for its application in void and crack detection, non-destructive strength measurement, infrastructure and construction testing, material science and research, homogeneity detection, and elasticity measurements. Considered as a pre-requisite in the construction industry, to evade any adversities, …
Laboratory Ovens Market is Likely to Accumulate a CAGR of 4.4% During the Forecast Period by 2027 | Report By FMI
Although laboratory ovens have been categorized on the basis of their simplicity, many manufacturers in laboratory ovens market are focusing on developing second-tier features such as enhanced reliability and independent temperature safety and shut off. The demand for laboratory ovens is expected to grow at a moderate rate of nearly 4.4% in 2019, according to …
Food Warmer Machines Market Size, Share 2030: Present Scenario and Growth Prospects
A food warmer machine is typically a table-top device which is used to maintain the serving temperature of prepared food, and finds application in homes and restaurants. Commercial food warmer machines find use in restaurants as well as outdoor food carts. Stainless steel food warmers are a great investment for any restaurant, pub or kitchen. The food …
Elastomeric Coatings Market is Set to Witness an Uptick Size USD 11.36 Billion to 2029 | Says FMI Analyst
The global elastomeric coatings market was valued at US$ 5.2 Bn at the end of 2021, and is expected to witness lucrative growth at a CAGR of 7.6% during the forecast period of 2022-2029. Rising demand for eco-friendly and advanced coatings coupled with growing building and construction activities makes elastomeric coatings a popular and innovative choice in …
Electric Corkscrew Market Industry Overview Research Report 2030 | FMI
Corkscrew is an indispensable companion for very wine lover, or by large an alcohol lover. A sealed bottle can be easily opened using an integrated foil cutter. Screw pull-designs, rabbit-designs and various other corkscrews have been ditched for electric corkscrews, the latest addition in the global corkscrew market. Though wine openers have been an integral part …
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Mining Lubricants Market Worth US$ 2,988.6 Million by 2030, Growing at a CAGR of 3.4% From 2022
Future Market Insights, in its incisive study on the mining lubricants market, opines that the market is slated for 3.4% growth through the forecast period (2022-2030). Growing investments in Asia Pacific are likely to offset subdued growth in key markets, with coal and iron ore mining sector driving demand. Manufacturers are working on product differentiation strategies to …
Bar and Prep Faucets Market – This is How Leading Companies Are Dominating the Global Market
The global bar and prep faucetswitness an increased demand for globally. The reason being, pull down bar faucets are a popular water efficient fixture. Continuing concerns regarding water scarcity and water wastage has mounted the demand for water-efficient products. A defective water distribution system and disproportionate water distribution both have resulted in the consumer shift …
North America Defoamers Market is projected to grow at a steady CAGR of 4.2% during 2021-2031
According to a recent analysis by Future Market Insights (FMI), the demand for defoamers market is predicted to grow significantly in the pulp and paper and wastewater industries. The market is predicted to grow at a CAGR of 4.0% over the projected period, reaching a value of US$ 1,920.0 Mn by the end of 2031. …