The epoxy resin industry is anticipated to surpass US$ 13.8 billion in 2024 and is likely to attain a valuation of US$ 24 billion by 2034. The epoxy resin market size is projected to thrive at a CAGR of 5.7% from 2024 to 2034. Epoxy resins are widely used in the electronics and electrical industries, such as shielding delicate electronic components from …
Monthly Archives: May 2024
Telescopic Masts Market Projected USD 630.9 Million Valuation by 2033
The telescopic masts market is experiencing a steady rise, extending its reach across various industries. These extendable towers offer a versatile and portable solution for temporary applications requiring elevated access. From communication and lighting to surveillance and events, telescopic masts are becoming an increasingly sought-after tool. Let’s explore the current landscape, exciting opportunities, and promising …
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Water and Wastewater Treatment Chemicals Industry: Anticipating USD 60,541.2 Million Market by 2034, with a CAGR of 4.6%
The report titled global water and waste water treatment chemicals industry size and forecast to 2034 is second in line publication by the Ireland-based competition intelligence research firm FMI, which regularly tracks competition development in the chemical sector and provides a matrix based assessment of company ranking on multivariate parameters. The chemical sector has always been …
Encapsulant Industry Set to Soar with 8.7% CAGR, Projected USD 9.5 Billion Market by 2034
The encapsulant industry is anticipated to be valued at US$ 4.1 billion by 2024. The market valuation is estimated to be US$ 9.5 billion by 2034, projected at a CAGR of 8.7%. The encapsulant market is crucial for various industries, including electronics, automotive, and renewable energy. Encapsulants are materials used to protect and enhance the reliability of electronic components, solar photovoltaic …
Refrigeration Coolers Market Rising to USD 6,409.7 million by 2033
The net valuation of the total sales of refrigeration coolers in 2022 reached USD 3,567.2 million. With a CAGR of 5.6%, the telescopic masts market may worth USD 6,409.7 million by 2033. The growing requirement for food and beverage, meat and poultry processing, and refrigerated warehouses is propelling the demand for refrigeration coolers. Demand for walk-in cooler refrigeration has increased due to changing lifestyles and rising …
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Light Emitting Diode (LED) Backlight Display Market: Anticipated Surge Towards a US$ 141.0 Billion Valuation by 2033
The light emitting diode (LED) backlight display market would grow at a 6.9% CAGR from 2023 to 2033. It would be worth US$ 141.0 billion in 2033. It would be worth more than US$ 72.1 billion by 2023. LED lighting utilizes less energy and has a long lifespan. It has strong illumination and doesn’t flicker. LED producers …
High-Performance Computing Market Poised for Remarkable Growth: Forecasts 7.5% CAGR, Reaching US $107.48 Billion by 2033
The high-performance computing market is on a rapid rise, with a projected impressive annual growth rate of 7.5% between 2023 and 2033. By the end of this period, it is expected to reach an astonishing US$ 107.48 billion, reflecting its remarkable expansion and importance in various industries. Demand would expand with the IT sector’s ongoing expansion and …
Microduct Market: Projected Growth at 12.1% CAGR, Aiming for US$ 17.36 Billion by 2033
The global microduct market is poised for remarkable growth between 2023 and 2033, targeting a substantial market value of over US$ 17.36 billion, with a strong annual growth rate of 12.1%. This industry is expected to thrive in the coming decade, offering promising opportunities for businesses and investors. The use of cloud computing is growing rapidly because …
Logistics Robots Market: Forecasting a Remarkable 16.5% CAGR, Anticipating US$ 38.13 Billion by 2033
The logistics robots market is anticipated to strengthen its space at a strong CAGR of 16.5% between 2023 and 2033. The market is anticipated to cross a market share of US$ 38.13 billion by 2033, while it is likely to be valued at US$ 8.28 billion in 2023. The proliferated e-commerce sector, along with the integration of advanced technology like artificial intelligence and …
Location Intelligence Market Set to Skyrocket: Forecasted CAGR of 15.8% Leading to US$ 81.74 Billion by 2033
The location intelligence market is expected to experience impressive growth, with a remarkable Compound Annual Growth Rate (CAGR) of 15.8% projected from 2023 to 2033. This suggests that the market for location-based data and insights is set to expand significantly over the next decade, offering valuable opportunities and insights for businesses and industries worldwide. In the banking, …