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Showing posts from July, 2022

Outdoor Power Equipment Market Is Likely To Witness Growth Rate of Nearly 3.9% CAGR during the Forecasted Years

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The global outdoor power equipment market is expected to grow at a CAGR of 3.9% from 2022 to 2032, with a market valuation of USD 44.8 billion in 2022 and exceeding USD 63.3 billion by 2032.   As people shift to greener energy sources to reduce carbon emissions and improve environmental safety, the world is moving toward more environmentally friendly technologies.   The outdoor power equipment market is mature, and its growth is primarily influenced by factors such as population and age distribution, consumer spending, housing and other constructions, location, and recreational and leisure activities worldwide, which increase consumer sales.   However, robotics and battery technology are expected to play a significant role in the industry's future growth.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=1414   In recent years...

Modern Trade Channels to Experience A CAGR Of 3% With Regard To Baseball Equipment Sales: Fact.MR Study

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According to a newly updated Fact.MR analysis, the baseball equipment market will grow at a CAGR of 6.1%, reaching US$ 1,898.19 Mn by the end of the 2022-2032 forecast period. In recent years, increased involvement in baseball tournaments by netizens worldwide has boosted growth possibilities for baseball equipment .   Baseball equipment sales increased at a 5% CAGR between 2017 and 2021. During the worst of the coronavirus epidemic, especially in 2020, prospects fell considerably. The imposition of a global lockdown to prevent the spread of the illness resulted in the postponement of all big baseball games, as well as limits on outdoor athletic activities. This resulted in fewer people shopping for baseball equipment in retailers.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=481   As 2021 approached, faster immunisation programmes and reduced illness ...

Global Value of Basalt Fiber Market Is Estimated To Be Worth Around USD 106 Million In 2022

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According to Fact.MR, the burden of laws on automobile makers to decrease vehicle weight has increased demand for basalt fibres by roughly 7% over the last four years. The automobile industry's severe requirements governing vehicle weight reduction in order to minimise emissions have boosted demand for basalt fibres. Furthermore, basalt fibre composites are commonly employed in the aerospace sector for fuel economy. The improved fire protection characteristics have resulted in an increase in demand from the fire protection apparel category.   Attributed to superior properties as compared to other glass and carbon fiber and steel reinforcements, there has been a constant rise in the demand for basalt fibers . Only 1/10th of basalt fibers is required as a reinforcing material to obtain the same strength as steel. Basalt fibers also exhibit good mechanical strength, chemical and thermal resistance, and are also economically priced as compared to carbon fibers. ...

Architectural Coatings Industry Expected To Possess Nearly 35% Market Share throughout North America: Fact.MR

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Fact.MR predicts the global sales of architectural coatings to overpass US$ 121,000 Mn by registering a CAGR of 4.5% in the forecast period 2022-2032. Architectural coatings are designated to provide protective and decorative layers on architecture in both exterior and interior applications. Most of the architectural coatings are typically applied using rollers, sprayers, brushes and other applications.   Historically, from 2017 to 2021, the sales of architectural coatings exceeded US$ 77,888 Mn by the end of the aforementioned period. The coronavirus pandemic affected the demand and supply chain for businesses across the globe. Due to restrictions on movements, the construction industry witnessed a major setback. This, in turn, affected the demand for architectural coatings. As the world is getting back to normal, the sales of architectural coatings are expected to increase.   With the emergence of stringent regulations on VOC emission, paint an...

Oceania Kiteboarding Equipment Market Is Projected To Expand At A CAGR of Around 13.5% during 2022–2032

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As per a recent published report by Fact.MR, a market research and competitive intelligence provider, the global kiteboarding equipment market is anticipated to exceed a valuation of US$ 909 million in 2022, and expand at an impressive CAGR of 14.7% over the forecast period of 2022 to 2032. Increasing participation in recreational water sports is majorly driving market expansion across regions.   Rising involvement of sports enthusiasts in recreational water sports continues to boost the sales of recreational water sport products such as kiteboards, kites, kite bars, and other surfing accessories. For instance, according to the National Marine Manufacturers’ Association (NMMA), more than 181 million people in the United States participated in recreational water sporting activities in 2020.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=420   Kiteboarding...