The global power tools market is predicted to reach a value of US$ 51.2 Bn in 2032, with sales growing at a moderate CAGR of 5.1% from 2022 to 2032. Driven by the surging demand for electric power tools and portable power tools, the target market will reach an estimated US$ 33.36 Bn in 2022. Increasing application …
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Chitin Market is Projected to Accelerate at a CAGR of 12.1% to top US$ 5,026.4 Mn by end of 2032
The global size of the Chitin Market is estimated at around US$ 1,604.0 Million in 2022 and is expected to US$ 5,026.4 million by 2032. The global chitin market is expected to grow at a sizeable CAGR of 12.1% during the forecast period, between 2022 and 2032 will be recorded. Increasing chitin consumption in various end-use industries such as food & beverage, agrochemicals and healthcare is expected to boost sales during the forecast period. In the food and beverage industry, chitin is …
Variable Frequency Drive (VFD) Market Comprehensive Research Study and Strong Growth in Future 2031
In recent years, the variable frequency drives (VFD) market has seen significant growth, owing to increased opportunities for infrastructure development in emerging regions, which has boosted demand for heating and ventilation systems. VFD development is currently shifting toward offering industry-specific solutions with the goal of lowering costs and reducing operational downtime, prompting a slew of manufacturer innovations. …
Automotive Refinish Coatings Market is Expected to Expand at a CAGR of 5.4% By 2031
The global automotive refinish coatings market is expected to grow at 5.4% CAGR over the assessment period of 2021-2031. Rising automobile sales across the globe is expected to fuel the demand for automotive refinish coatings over the forecast period. Rise in per capita income of vehicle owners and increasing purchase of luxury cars among middle-income customers will …
Telecom Tower Power System Market New Technological Development Projecting Massive Growth till 2031
The telecom tower power system market is expected to register year-on-year growth at 5.8% in 2021, with the overall valuation forecast to reach US$ 3.5 Bn. As per a Future Market Insights (FMI) analysis, sales of telecom tower power systems is expected to increase at 6.7% CAGR between 2021 and 2031. According to Future Market Insights, increased demand for telecom tower power …
Lead Acid Battery Market : Drivers and Challenges
The lead acid battery market valuation is expected to reach US$ 54.3 Bn in 2021. Future Market Insights (FMI) analysis has forecast the lead acid battery sales to increase at 5.2% CAGR between 2021 and 2031. According to the study, the overall lead acid battery market valuation will top US$ 90.5 Bn by 2031. As per FMI, the demand for AGM …
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Methionine Market Emerging Trends, Global Scope and Growth by 2032 | Future Market Insights, Inc.
The global methionine market size is expected to reach US$ 5.57 Billion in 2032. The methionine market is growing rapidly. Methionine is a key component used on finfish, crustaceans, and shrimps. It is a vital amino acid found in humans. It plays a vital role in the health and metabolism of many species, including humans. Supplementation of methionine benefits those suffering from copper poisoning. …
Myrrh Powder Market Growth, Regional Analysis, Improvements and Competitive Analysis 2032
Global Myrrh Powder demand is anticipated to grow at a CAGR of 4.2% over the forecast period. Myrrh is a natural reddish-brown rubber or resin extracted from numerous small tree species. Myrrh powder is known for its transparency and darkening. Myrrh powder is one of the important ingredients in the manufacture of Egyptian perfumes. It is a resin powder with …
Hyperlocal Grocery Delivery Market Growth Drivers, Improvements, Competitive Strategies till 2032
As per the market analysis at FMI, the hyperlocal grocery Delivery market is valued at US$ 38.5 Billion in 2022 and is likely to reach US$ 81.5 billion by 2032, flourishing at a promising CAGR of 7.8%. Being prevalent in consumer and local retail stores, hyperlocal grocery delivery platforms have gained popularity within the millennial generation while wooing the elder people by …
Crop Micronutrients Market Examine with Forthcoming Improvements, Demand in Conservative Scenario -2032
The global crop micronutrient market is set to witness growth at a CAGR of 7.4% and top valuation of US$ 8.1 Bn by 2032. From past few years chemical fertilizers are widely used on crops which is resulting in micronutrient deficiencies in crops. In addition to this, water scarcity and intensive chopping patterns are also increasing the micronutrient deficiencies in crops. …