According to ESOMAR-certified Future Market Insights’ (FMI), the spark plug market will register positive growth with the overall valuation forecast to surpass US$ 3.20 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031. Market players are investing towards developing spark plugs which offer long life […]
Rx-to-OTC switches refer to the transition from proven prescription drugs to nonprescription, OTC status. According to a report by Future Market Insights (FMI), the global Rx-to-OTC switches market was valued at US$ 33 Bn in 2020 and is predicted to expand at a CAGR of over 5% during the forecast period (2021–2031). Scientifically, it is a […]
Protective packaging solutions are predominantly used in industries to protect industrial and non-industrial goods from magnetic influences, vibration, shock, and electrostatic or atmospheric damage. According to a recent FMI report, the protective packaging market will surpass a valuation of US$ 26.5 Bn in 2021, exhibiting a CAGR of 4.8% between 2021 and 2031 The rising emphasis of […]
Rising concerns in terms of soil fertility, crop productivity, and focus on reducing reliance on chemical pesticides is fuelling the demand for microalgae in the fertilizers sector. According to a report by Future Market Insights (FMI), the market will reflect a CAGR of 8.7%, surpassing US$ 21,747.6 Thousand by the end of 2031. Microalgae is an […]
According to newly released data on the access control market analysis by Future Market Insights (FMI), the market will grow at a CAGR of 12.6% from 2021-2031, with revenue totaling US$ 15,371.0 Mn by the end of 2021. Growth has been attributed to rapid technological advancements in the IT & telecom industry. Advanced technologies have become essential […]
The global radio frequency integrated circuits (RFIC) market is anticipated to grow at around 8% CAGR through the period of 2021 to 2031, and reach a valuation of US$ 45 Bn by 2031-end. In the past decade requirement for the RFIC products increased with the growing demand for optical, wireless, and other high frequency consumer electronic products. Radio […]
Soaring carbon footprint attributed to heavy automotive usage has led manufacturers to use plastic composites in the production of automotive pillars. This will improve the demand for automotive pillars, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. As per the study, the global automotive pillar market is slated to surpass a CAGR of 4% across the forthcoming decade. […]
With a wide range of applications in the pharmaceutical, personal care, chemical, and food and beverage industries the demand for glass bottles is expected to remain strong for the foreseeable future. According to a new Future Market Insights (FMI) report, the market will surpass a valuation of US$ 61 Bn by the end of 2031 […]
According to Future Market Insights (FMI) analysis, demand for animal artificial insemination is expected to rise considerably, enabling the animal artificial insemination market to surpass US$ 2.0 Bn in valuation by the end of 2021. Rising initiatives by various governments worldwide to ensure food security are expected to sustainably drive demand for artificial insemination in animals. Besides this, demand for genetically […]
As per the revised report by Future Market Insights (FMI), the global conference room solution market is expected to expand at a CAGR of 14.7% over the forecast period (2021-2031). Thanks to rising demand for improvement in enterprise communication network, the market valuation is expected to surpass US$ 1.18 Bn in 2021. Conference room solutions provide on-demand […]
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