New Product Development
The world relies on a constant flow of electricity, but disruptions and outages are a fact of life. Enter the genset, a versatile workhorse that bridges the gap by providing reliable backup power. These portable or stationary generators come in various sizes, offering a dependable source of electricity for diverse applications. The genset market, driven …
Continue reading “Genset Market Size Rising to USD 69,218.4 million by 2033”
The Europe industrial furnace market size is expected to register USD 2,789.7 million by 2023. It is anticipated to showcase a steady CAGR of 4.9% between 2023 and 2033. Sales of industrial furnace in Europe will likely register USD 4,514.5 million by 2033. Revenue stood at USD 2,674.2 million in 2022. Digitalization facilitates remote monitoring, and predictive maintenance will likely drive demand …
Continue reading “Europe Industrial Furnace Market Value Soaring at USD 4,514.5 million by 2033”
The global glycine market is experiencing a robust growth trajectory, with sales expected to exceed a valuation of USD 700 million by 2022. Forecasts suggest a steady compound annual growth rate (CAGR) of around 4% to 5% during the period from 2022 to 2032. By the end of this period, the demand for glycine is …
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Over the next decade, a staggering 16.1% CAGR in the adoption of biorational pesticides is projected to drive this expansion. The biorational pesticide industry is poised for significant growth, with its size expected to increase from US$ 8.9 billion in 2024 to a substantial US$ 39.7 billion by 2034. One of the main reasons propelling the market growth is growing consumer awareness of the …
The global industry size for acrylic polymer is estimated to be around US$ 683.1 million in 2024. In 2023, the market was valued at US$ 642.6 million, and it is projected to exhibit a growth of 5.9% over the forecast period. The industry is estimated to cross a valuation of US$ 1,200 million by 2034. The increasing demand from the construction industry is the key …
The global acrylic resin industry is anticipated to reach a valuation of US$ 23.3 Billion in 2024, driven by the globalization of supply chains. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 5.6% between 2024 and 2034, and reaching a total valuation of approximately US$ 40.0 Billion by 2034. Acrylic resins are used in …
Continue reading “Acrylic Resin Industry Surges: Projected Worth Reaches US$ 40.0 billion by 2034”
The activated carbon fiber industry is on the brink of reaching a substantial valuation, projected to reach US$ 3.9 billion by 2024. By 2034, the market is poised to soar to an estimated total valuation of around US$ 5.3 billion. The trend is anticipated to open doors to new opportunities within the market, with a projected CAGR of 2.9% from …
From 2023 to 2033, Europe’s demand for cement is projected to surge at a CAGR of 5.3%. Europe’s Cement Industry value is forecast to increase from US$ 19,026.5 million in 2023 to US$ 31,742.5 million in 2033. The need for residential and commercial building construction is rising due to the growing population and fast urbanization. This is driving up the demand for cement in Europe, combined with …
The LATAM road marking paint & coating industry value is forecast to increase from US$ 70.0 million in 2023 to US$ 131.3 million by 2033. Over the assessment period, demand for road marking paints & coatings in LATAM is projected to surge at a CAGR of 6.0%. The performance-based segment is expected to dominate the LATAM road marking paint & coating industry through 2033. …
