New Product Development
The green tire market is forecasted to garner revenue of USD 85.79 Billion by 2033, up from USD 33.68 billion in 2023, advancing at a CAGR of 9.8% from 2023 to 2033. Germany is expected to account for approximately 7.7% of the European market by 2033, owing to growing environmental concerns, favorable government support, the rising popularity of green tire technology, …
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The worldwide turboprop engine market is anticipated to reach USD 1.2 billion in 2024 and USD 2.2 billion by 2034. The market is projected to rise at a CAGR of 6.2% by 2034. The turboprop engine market is experiencing a surge in demand due to its capability to cover short routes, low altitude capability, and cost efficiency. Rising progressions in engine technology are transforming turboprops, …
The aircraft electrification market is expected to be valued at USD 9.3 Billion in 2024. The market is expected to progress at an astounding rate of 14.9% CAGR over the forecast period. By 2034, the value of the market is forecasted to reach USD 37.2 Billion. With sustainability measures on the rise, companies are making concentrated efforts to minimize environmental damage …
The Zinc-Air Batteries Market is poised for substantial growth, with an estimated Compound Annual Growth Rate (CAGR) of 5.7% over the forecast period from 2023 to 2033. The market size for zinc-air batteries is predicted to experience significant expansion, expected to increase from USD 2.0 Billion in 2023 to reach USD 3.5 Billion by 2033. …
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The global zero emission vehicle market is valued at US$ 248 billion as on 2023. The market is expected to grow at a CAGR of 25.4% during the forecast period, and is anticipated to reach a valuation of US$ 2,384.66 billion by 2033. One of the key factors that has led to an increase in …
The global freeze-dried pet food market value is expected to rise from US$ 18,250.07 million in 2024 to US$ 29,589.7 million by 2034. This market is expected to be driven by a CAGR of 5.0% over the next decade. Primary factors like rising disposable incomes and economic development in urban areas facilitate pet owners to utilize more …
The market for baking soda Substitute was valued at US$ 4.1 billion in 2022, and it is predicted that it will expand to US$ 7.5 billion by 2033, with a CAGR of 6.1% from 2023 to 2033. The demand for premixes for different bakery goods is expanding, which has caused people to pay more attention to healthier options …
According to ESOMAR-certified Future Market Insights’ (FMI) – By the end of the year 2033, the overall valuation of the global EV charger market is expected to be around USD 68,967.2 million. This year, it is expected to be USD 6,520.9 million and increase at a CAGR of 26.6% from 2023 to 2033. The net …
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The Plasma Powder market has been witnessing remarkable growth in recent years, driven by its diverse applications in various industries. This fine, high-quality powder is produced through plasma atomization, ensuring consistent particle size and superior purity. Industries like aerospace, automotive, and electronics are major consumers, utilizing plasma powder in additive manufacturing, coatings, and metal injection molding processes. …
The sea salt market value is expected to rise from US$ 553.6 million in 2024 to US$ 786.1 million by 2034. This market is analyzed to expand at a CAGR of 4.20% over the next decade. The latest consumer trend in the sea salt market is the increasing popularity of unrefined, preservative-free products. Further, the surging awareness …