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Power Tools Market is projected to expand at a CAGR of 5.1% over the forecast period 2021-2031
The global power tools market is expanding at a significant rate on the back of consumer inclination towards cordless power tools. This is anticipated to remain the key defining factor in the power tool market. As per Future Market Insights (FMI) analysis the global power tools market is expected to be reach US$ 33.36 Bn in 2021. The demand is expected to soar as construction activities surge around the world. According to FMI, construction applications will account for maximum sales in the market through the forecast period. Besides this, the rising trend of do-it-yourself activities will fuel sales opportunities for the market. The COVID-19 pandemic has severely affected the global economy. Resulting…
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Disposable Cups Market Important Changes in Industry Dynamics during 2021- 2031
Disposable cups market is estimated to register high growth with the overall valuation forecast to reach US$ 10.6 Bn in 2021. FMI also has projected disposable cups demand to increase at 5.7% CAGR between 2021 and 2031. Get Sample of the report : https://www.futuremarketinsights.com/reports/sample/rep-gb-2639 Despite stagnant sales amid COVID-19, disposable cups demand will surge from 2021 onwards, albeit gradually. Global consumption of disposable cups is forecast to reach 462.2 Bn Units by the end of 2021. The market has been projected to expand at 5.3% CAGR over the forecast period in terms of volume. Today’s lifestyle has become expeditious and consumers are always on the go. As a cost-effective and convenient…
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Electrical Steel Market is expected to reach US$ 70.5 Bn by 2031, Says FMI Analyst
The global sales of electrical steel are set to be valued at over US$ 37.5 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report estimates the market to expand at over 6.5% CAGR from 2021 to 2031. According to the annual market analysis conducted by Future Market Insights, expansion of the energy and automobile industries has led to heightened demand for electrical steel products. Rapid technological advancements in production technologies are also projected to complement market growth over the coming years. In spite of the recessionary effect of the COVID-19 pandemic in 2020, the overall steel industry in terms of production and supply has…
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Color Cosmetics Market Expectations and Growth Trends Highlighted Until 2031
ESOMAR-certified consulting firm Future Market Insights (FMI) projects the color cosmetics market to grow by 5% CAGR between 2021 and 2031. Demand for natural & organic color cosmetics and facial makeup products will continue increasing through 2031, enabling the color cosmetics sales to top nearly US$ 50 Bn by 2021. Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-1019 Increasing penetration of social media platforms and expansion of distribution channel have burgeoned the sales of color cosmetics. Besides this, the rising demand for cruelty free make up is expected to push sales of vegan color cosmetics through the forecast period. The color cosmetics market also will gain from the growing preferences of environment friendly cosmetic…
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Protective Packaging Market Size, Share, Growth Trends, and Forecast Analysis to 2031
Driven by increasing emphasis on optimizing supply-chain management, the protective packaging market size is expected to reach US$ 26.55 Bn in 2021, as per latest insights by Future Market Insights (FMI). The protective packaging demand outlook remains positive with the market forecast to rise at a CAGR of 4.8% from 2021 – 2031. Get Sample of the report : https://www.futuremarketinsights.com/reports/sample/rep-gb-626 The rising emphasis of manufacturers on safe and secure transportation of fragile and non-fragile products to reduce unnecessary maintenance and shipping costs is propelling the sales of protective packaging solutions in the market. Sealed Air Corporation, Smurfit Kappa Group, DS Smith Plc, WestRock Company, Sonoco Products Company are the top players operating in the protective…
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Fluoropolymer Market is anticipated to witness significant growth during the assessment period, starting from 2021 to 2031
Increasing consumption of fluoropolymer in industrial processing & application is anticipated to create opportunities for growth of the market. According to a new study by Future Market Insights (FMI), over the assessment period between 2021 and 2031, the market will rise at a CAGR of 5.4%. A fluoropolymer is characterized by high resistance to acids, solvents, and bases. Polytetrafluoroethylene (PTFE) is the most well-known fluoropolymer. It is expected to constitute over half of fluoropolymer sold globally. Fluoropolymers are widely used in industrial processing industries for numerous applications such as heat exchanger coatings, pump impellers, tanks, autoclaves, reaction vessels, flue duct expansion joints, autoclaves, and among others. Geographically, East Asia is anticipated to…
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Renewable Methanol Market Brief Forecast and Analysis by Top Key Players to 2026
Future Market Insights delivers key insights on the global renewable methanol market in its latest report titled “Renewable Methanol Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. According to the report, global sales of renewable methanol is estimated to be valued at US$ 133.3 Mn by the end of 2016, witnessing a Y-o-Y growth of 5.2% over 2015. Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-443 Renewable methanol is a second generation biofuel and is derived from renewable sources such as biomass, industrial waste, municipal waste, and industrial CO2. Renewable methanol is used as a transportation fuel after blending it with other chemicals. The main reason for the rise in demand for renewable methanol…
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Decorative Paints Market Will Generate New Growth Opportunities in Upcoming Year
The global decorative paints market is estimated to expand at a steady rate of 4.3% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Urbanization registered across developing economies will remain a chief driver of decorative paints sales. The paints industry is gradually shifting away from traditional whitewash paints. The underlying focus on consumer centricity has been encouraging paints manufacturers to explore better quality alternatives. Consequently, the demand for low VOC and water based paints is on the rise. Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-439 The COVID-19 pandemic has impacted the global economy at various levels and the impact has also been seen on…
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Acetone Market Future Trends, Industry Size and Forecast to 2031
A new study by Future Market Insights (FMI), uncovers hidden opportunities within the global acetone market. Driven by the rising applications across diverse sectors, the market is forecast to reach US$ 6.3 Bn by 2021. Despite a temporary setback amidst restrictions imposed to contain COVID-19, the market will continue showcasing growth at a positive rate between 2021 and 2031. Rising application in solvents will continue creating growth opportunities across various industries. Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-276 Acetone market is segmented by grade as high purity grade (≥ 99.5%) and low purity grade (< 99.5%). Among these, low purity grade accounts for the dominant share. Low purity grade acetone is used…
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Ballast Tank Corrosion Inhibitors Market Research, Segmentation, Key Players Analysis and Forecast to 2026
With the rising menace of corrosion of steel and other material-made tanks in the water bodies, there has been swift rise in the demand for ballast tank corrosion inhibitors for ships, submarines, boats and others. A ballast tank is a compartment inside a vessel that holds water and helps to improve the stability of the ships by increasing or decreasing the water level. They are also known as trim tanks. Long service life and low requirement of maintenance are the major cause of concern for the ballast tank manufacturers. Ballast tank corrosion inhibitor coatings are applied to protect the vessel from rusting, pitting or any other structural damage. The parts…
