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  In 2018, the size of the global  microfiber synthetic leather market  was  US$ 2,737.3 million . In 2023, it’s predicted to be worth  US$ 3,203.2 million . The global market for microfiber synthetic leather is anticipated to expand at a  6.1%  CAGR from 2023 to 2033. By the end of 2033, the microfiber synthetic leather market is anticipated to reach  US$ 5,787.8 million . Microfiber synthetic leather is often promoted as a vegan and eco-friendly alternative to genuine leather, attracting consumers who prioritize ethical and sustainable choices. Global demand for microfiber synthetic leather is increasing due to its rising applications in footwear, fashion, apparel, and automotive industries. Technological advances have paved the way to develop novel microfiber synthetic leather products with enhanced qualities and functionality. These technological advances are serving as catalysts, boosting market expansion. The market is expected to h...

  The global  industrial tape market  registered an astonishing CAGR of  6.8%  in the historical period between 2018 and 2022. The global market is anticipated to reach  US$ 19.1 billion  by 2033. It is estimated to record a steady CAGR of  5.3%  in the review period 2023 to 2033. It is likely to attain a valuation of  US$ 11.4 billion  in 2023. The industrial tape market is a dynamic segment in the tape industry. Industrial tape is a material with a specialized non-adhesive layer used for diverse applications in several industries. They are essential in sealing, bonding, insulating, protecting, and marking materials and surfaces in industrial environments. Industrial tape has backing materials that can be made from a variety of substrates, including fabric, paper, plastic film, foam, and metal foil. The choice of substrate material depends on the precise application and performance necessities. Diverse adhesive designs are us...

  Flexible batteries refer to a type of energy storage device that can be bent, folded, or shaped without losing their functionality. These batteries are designed to be more versatile and adaptable than traditional rigid batteries, making them suitable for a wide range of applications where flexibility and conformability are essential. The development of flexible batteries has been driven by the need for power sources that can seamlessly integrate into flexible electronic devices and wearables. Global  Flexible Batteries Market demand  is expected to be valued at US$ 152.49 million in 2022, rising at a 25% CAGR to US$ 1,420 million from 2022 to 2032. The flexible batteries market is a rapidly evolving landscape, driven by the growing demand for advanced portable electronics and innovative applications. As technology continues to improve, we can expect to see even more flexible and efficient battery solutions that power the future of electronics and enable a new g...

  Cellulose ether and derivatives, derived from cellulose fibers, find widespread use in industries like construction and pharmaceuticals. These versatile compounds enhance viscosity, stability, and water retention in products like paints, adhesives, and pharmaceutical formulations. Their eco-friendly nature and varied applications make them indispensable in modern manufacturing. As per the recent research conducted by a leading market insights provider FMI, the global Cellulose Ether and Derivatives market size will expand at a healthy CAGR over the forecast period between 2024 and 2034. The aim of this study is to analyze key market dynamics affecting the sales of Cellulose Ether and Derivatives and provide vital insights to business owners to get benefited from forthcoming opportunities. The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. It highlights the key growth prospects for the demand and sales acros...

  Future Market Insights (FMI) has introduced a new report on carbon fibre composites for prosthetics. The report has been titled,  “ Carbon Fibre Composites for Prosthetics Market : Global Industry Analysis 2013-2021 and Opportunity Assessment 2022-2028.”  According to the Amputee Collation, the main causes of limb loss have been vascular diseases (54%) – including diabetes and peripheral arterial disease, trauma (45%) and cancer (less than 2%). On an average, 185,000 amputations occur in the United States every year. The adoption of prosthetics has witnessed steady growth in the last few years. Proliferating awareness among individuals together with swelling disposable income in the United States is expected to result in an increase in demand for prosthetics. Majority of people agonise from limb or foot loss due to vascular diseases or due to some accident or injury, which is anticipated to further increase the sales of prosthetic products. The rising elderly popula...

  The  Potassium Carbonate Market  is predicted to grow at a CAGR of 4.6% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 2.1 Billion in 2023 to US$ 3.2 Billion by 2033 end. The market for potassium carbonate is poised to witness a healthy growth rate on account of emerging uses of the compound in foods and pharmaceuticals. This is in addition to the established uses of potassium carbonate in the manufacturing of ceramics, glass, potassium salts, and agrochemicals. Persistent efforts into the R&D activities of potassium carbonate are projected to propel market expansion over the forthcoming years. For instance, the European Federation of Pharmaceutical Industries and Association has observed the intensification of investments by numerous research institutes and manufacturers in America and Europe. These investments are aimed at developing and innovating new pharmaceutical products, which are forecast ...

  A recently published market study by Future Market Insights (FMI) on the  potassium sulphate market   integrates the global industry analysis for 2014-2018 and market opportunity assessment for the forecast period of 2022-2029. The market study divulges fundamental insights and provides an in-depth market analysis for the historical as well as forecast period. Consumption of fertilizers is directly related to agricultural production and indirectly to the increasing global population; the higher the population more will be the requirement for food. On the other side, the loss of crops due to unforeseen seasonal changes and calamities will further deepen the food supply on a global scale. Changing eating habits such as increasing meat consumption, have increased the requirement for feed grains leading to increased fertilizer usage. Vegetables and fruits constitute about 27% of the total production and require chloride-free fertilizers for healthy growth. Thus, growing...