The MRI Safe Defibrillator Market has exhibited steady growth from 2019 to 2029, fueled by increasing demand for technologically advanced and safe medical devices. This period saw a surge in adoption due to rising awareness about MRI-compatible defibrillators. The market’s expansion is projected to continue as medical facilities prioritize patient safety during MRI procedures, driving …
Monthly Archives: August 2023
Bio Polyol and Green Polyol Market Surges as Sustainable Solutions Take Center Stage in Polyurethane Industry
Bio polyol and green polyol, both innovative forms of polyurethane raw materials, embody sustainability and eco-consciousness. Bio polyol is derived from renewable resources like plant oils and offers a reduced carbon footprint compared to traditional polyols. Green polyol goes a step further, often recycled from sources like PET bottles. Both types contribute to a circular …
Peptide Antibiotics Market Poised for Remarkable 6.6% CAGR Growth, Projected to Reach US$ 8.3 Billion by 2032
At the end of 2021, the global Peptide Antibiotics Market was estimated to be worth approximately US$ 4.4 billion. The market is expected to grow at a 6.6% CAGR and reach a value of US$ 8.3 billion by 2032. Given the increased prevalence of illnesses such as bloodstream infections, hospital-acquired infections, and bacterial skin infections, the …
Dodecanedioic Acid Market Soars as Demand Surges for High-Performance Nylon and Sustainable Materials
Dodecanedioic Acid (DDDA), a versatile dicarboxylic acid, finds widespread utility across industries due to its unique properties. Primarily used in the production of high-performance nylon, DDDA contributes to engineering plastics known for exceptional strength, impact resistance, and thermal stability. Additionally, it serves as a raw material for coatings, adhesives, and lubricants, offering enhanced durability and …
Drug Discovery Outsourcing Market Poised for 7.2% CAGR Growth, Reaching US$7.52 Billion by 2033
The Drug Discovery Outsourcing Market demand is expected to grow at a stable CAGR of 7.2% between 2023 and 2033. The market is expected to surpass a market share of US$ 7.52 billion by 2033, from a value of US$ 3.75 billion in 2023. The pharmaceutical industry’s expansion, as well as the increased penetration of digital technology …
Enhancing Industrial Resilience: APAC’s Fluoroelastomer Market Poised for Continued Growth, Reveals FMI Study
Fluoroelastomer, a remarkable synthetic rubber, exhibits exceptional resistance to heat, chemicals, and oil, making it a key material in demanding industries. With an anticipated service life surpassing 200°C, its unique structure offers unmatched thermal stability and outstanding oil resistance compared to other rubber types. These qualities position fluoroelastomers as vital components in sectors requiring durable …
Empowering the Fight Against Cancer: CAR T-Cell Therapy Market to Expand at 6.9% CAGR through 2033, to reach US$ 6.82 Billion
In 2022, the market for Chimeric Antigen Receptor (CAR) T-Cell Therapy will be worth $2.54 billion USD. The market is anticipated to reach US$ 3.5 billion in market value by 2023 and finally reach US$ 6.82 billion by exhibiting a CAGR of 6.9% from 2023 to 2033. The need for individualized medicines and technical improvements can …
Biosimilars and Biologics Market Poised for Remarkable 15.5% CAGR Growth, Eyeing US$95 Billion by 2032
The Biosimilars and Biologics Market is expected to grow at a CAGR of 15.5% during the period 2022-2032. The market is valued at US$ 22,490.62 Mn in 2022 and is expected to reach a valuation of US$ 95,021.37 Mn by 2032. FMI, in its business report, elaborates the historical and current scenario of the global Biosimilars and …
Lauryl Dimethyl Amine Oxide Market Projected to Reach US$ 500 Million by 2033: Personal Care Industry Drives Demand Surge
Lauryl Dimethyl Amine Oxide, a versatile chemical compound, is experiencing a significant surge in demand across various industries. Primarily known for its exceptional surfactant properties, this compound finds extensive use in household and industrial cleaning products. Its effectiveness in removing dirt, grease, and stains has made it a staple in detergents, dishwashing liquids, and all-purpose …
Cutting Fluid Market Projected to Reach US$ 16.3 Billion by 2033, Fueled by Enhanced Machining Performance and Increased Productivity
Cutting fluids are essential lubricants used in machining operations to enhance performance. They reduce friction, heat, and tool wear, resulting in improved surface finish, extended tool life, and reduced downtime. Moreover, these fluids boost productivity by speeding up cutting processes, leading to higher production rates and cost savings. In industries like manufacturing, automotive, and aerospace, …