The United States car rental sector revenue is projected to total USD 33,775.8 million in 2024 and USD 54,249.5 million by 2034. Over the forecast period, global demand for car rentals in the United States is poised to expand at a 4.9% CAGR. Several factors are expected to drive growth in the United States car rental business through 2034. These include the rising need for convenient and …
Monthly Archives: May 2024
Electric Vehicles Drive Battery Material Sales: Market to Grow 5.9% Growth by 2033
The value of the worldwide market for battery materials is anticipated to increase from USD 57.9 billion in 2023 to USD 102.8 billion by 2033. Throughout the forecast period, sales of battery components are anticipated to rise globally at a CAGR of 5.9%. During the forecast period, there is anticipated to be a greater demand …
Aircraft Pushback Tugs Market to surpass US$ 6.5 Billion by 2032
The global aircraft pushback tugs market is projected to reach a value of US$ 6.5 Billion by 2032, with sales growing at a reasonable CAGR of 5.4% from the forecast period of 2022 to 2032. The progress and advances witnessed by the global aviation industry will likely fuel the growth of the aircraft pushback tugs market …
Continue reading “Aircraft Pushback Tugs Market to surpass US$ 6.5 Billion by 2032”
Capitalizing on the Hydraulic Fluids Market Boom: Opportunities Across Industries
The hydraulic fluids market is projected to grow to USD 12.6 billion by 2033. A constant compound annual growth rate of 3.6% is projected from 2023 to 2033. It will most likely reach USD 8.8 billion in 2023. The historical CAGR for the global hydraulic fluids market was 5.5% from 2018 to 2022. A wide …
Continue reading “Capitalizing on the Hydraulic Fluids Market Boom: Opportunities Across Industries”
Hong Kong Tourism Market: Anticipates 10% CAGR Growth by 2032, Driven by Remunerative Job Opportunities and Favorable Conditions Worldwide
The Hong Kong tourism market is expected to reach USD 41.5 Billion in 2032, likely to surge at a strong 10% CAGR during the forecast period of 2022 to 2032. The tourist sector plays a significant role in Hong Kong’s economy. The number of visitors from China has been declining since 2014, which has caused a slowdown in the Hong …
Lightweighting Revolution: Composite Resin Market Poised for USD 48 Billion by 2034 with a CAGR of 6.7%
The composite resin market is expected to reach a valuation of USD 25.1 billion in 2024. The industry is projected to be worth USD 48 billion by 2034, expanding at a CAGR of 6.7% between 2024 and 2034. The market is expanding significantly, propelled by its extensive application in key dental, automotive, and construction sectors. …
Unlocking the Potential of Carbon Black: A Lucrative Opportunity for Manufacturers
The carbon black market is predicted to be worth USD 13, 849.6 million in 2023. The market is likely to rise to USD 22,133.52 million by 2033. The rubber sector is the key market contributor to the worldwide carbon black market. This substance functions as a filler in tires, enhancing their physical properties and giving …
Hydronic Underfloor Heating Market worth USD 8,012.2 million by 2033
The hydronic underfloor heating market is experiencing a surge in popularity. Unlike traditional radiators, this method utilizes heated water circulated through pipes embedded beneath the floor, providing a radiant and even heat distribution for residential and commercial spaces. Let’s explore the key factors driving this market’s growth, the evolving demands shaping its future, and the …
Continue reading “Hydronic Underfloor Heating Market worth USD 8,012.2 million by 2033”
Flat Steel Market Poised for USD 990.7 Billion Growth by 2033: Capitalize on Rising Demand in Construction & Auto Sectors
The value of the global flat steel market in 2022 was USD 527 billion. From 2023 to 2033, the market is anticipated to grow at a 5.9% CAGR, reaching USD 990.7 billion. Steel is being used in more applications in order to lower costs and produce goods of greater quality, which will improve product deployment. …
Chemistry 4.0 Revolution: Expand at 9.7% Growth Fueled by AI, IoT, and Automation
The chemistry 4.0 market is anticipated to grow from USD 70.82 billion in 2023 to USD 178.73 billion by 2033, with a projected CAGR of 9.7% over the forecast period. The primary drivers of chemistry 4.0 market growths are the manufacturing sector’s rapid adoption of artificial intelligence (AI) and the Internet of Things (IoT), as …
Continue reading “Chemistry 4.0 Revolution: Expand at 9.7% Growth Fueled by AI, IoT, and Automation”