Increasing research and development (R&D) activities aimed at the development of new production technologies are expected to create growth opportunities for sodium hydroxide market, finds by Future Market Insights (FMI) in a recent research study. According to the report, the sodium hydroxide sales are anticipated to surge at a CAGR of 4.3%, reaching US$ 43.7 Bn …
Category Archives: Press Release
Loudspeaker Subwoofer Market Anticipated to grow at a Moderate CAGR of around 5.0% During the Forecast Period Between 2022 and 2032
Global sales of loudspeaker subwoofers are projected to increase between 2022 and 2032 at a moderate CAGR of roughly 5.0%. The need for loudspeaker subwoofers is expected to increase due to uses in home audio, sound reinforcement, and automobile audio. A component of a complete loudspeaker, which is commonly referred to as a woofer or …
Stainless Steel Market is Anticipated to Reach a High Value of US$ 183.86 Million by the end of Year 2032
As per the report published by FMI, the global stainless steel market is projected to have a moderate-paced CAGR of 5.5% during the forecast period. The current valuation of the market is US$ 119.80 billion in 2022. The market value of stainless steel is anticipated to reach a high of US$ 183.86 billion by the …
Expanded Polypropylene (EPP) Foam Market: Overview With Geographical Segmentation By Revenue With Forecast to 2030
Rising demand for lightweight vehicles is expected to drive sales in the expanded polypropylene (EPP) foam market. According to a study by Future Market Insights (FMI), the market is expected to exhibit 6.0% CAGR between 2021 and 2031 Globally, the growth of global expanded polypropylene (EPP) foam market is driven by the increasing demand from automotive …
Veneer Sheets Market | Industry Analysis, Size, Share, Growth, Trends and Forecast by 2031
As per FMI analysis, the global veneer sheets market is projected to reach a market value of US$ 41,163 Mn by 2031, growing at a CAGR of 2.3% during the forecast period of 2021-2031. Steady growth registered by the veneer sheets market is attributable to consistently rising demand from commercial and residential construction. In a new study, FMI has …
Chip-on-Flex Market Forecast to grow at a CAGR of 3.9%, Valued at US$2631.5 Million from 2022 to 2032
The demand for chip-on-flex is expected to reach US$1800.6 million in 2022 and is projected to increase at a CAGR of 3.9% to reach US$2631.5 million from 2022 to 2032. Flex circuits are used in a rising number of applications, which is what is driving growth. A CAGR of 2.6% was recorded for the market …
Sulfone Polymers Market | Development Trends, Competitive Analysis and Key Manufacturers Report by 2030
The sulfone polymer market is expanding due to the increase in demand for amorphous thermoplastics with higher strength and hydrolytic stability. A recent study by Future Market Insights (FMI) states that the global sulfone polymer market is expected to grow at 5.0% CAGR through 2030. According to the report, the surge in demand from the healthcare and …
Carbon Steel Market | One the Most Booming Industry in Upcoming Years Due to Global Demand by 2030
The carbon steel market size in 2022 has reached close to US$ 833 Bn. According to a recent study by Future Market Insights (FMI), the carbon steel market is forecast to rise at a CAGR of 5.1% between 2022 and 2030. The report is intended to offer an executive-level blueprint of the market to its stakeholders. It studies the …
Next Generation Wireless Network Market Projected to Amass a Revenue of About US$ 56,782.0 Million by 2032
Wireless technology is the one that uses radio waves to transmit and receive data. It is used in order to send data. In the present scenario, wireless technology is continuously evolving, starting with 0G (e.g. Radio telephones) to 5G, the next generation wireless technology. Currently, 4G LTE (4th Generation Long term Evolution) technology and WiMAX is evolving …
Wood Plastic Composite (WPC) Floorings Market | Present Scenario, Growth Prospects and Competition Analysis by 2030
Over the years, the demand for wood-plastic composites (WPC) has significantly increased on the back of the high need for environment-friendly and low-cost raw materials in the residential sector. Likewise, increased spending on infrastructural developments in both the residential and commercial sectors is expected to give a major boost to the market during the forecast period. There …