The global microencapsulation market is expected to be worth US$ 6.5 billion in 2022 and US$ 10.3 billion by 2032, growing at an 8.2% CAGR from 2022 to 2032. The Microencapsulation market is witnessing substantial growth as industries recognize the diverse applications and benefits of encapsulated ingredients. With the rising demand for controlled release and …
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Electric Vehicle Sensor Market Poised to Reach US$ 37.1 Billion By 2032 Increasing Demand for EVs Boosts Sensor Technology Growth
The global electric vehicle sensor market accepted to expand at a CAGR of 16.6%, reaching a valuation of more than US$ 37.1 Billion by 2032. Key Takeaways: Based on product type, sales of positions sensors are estimated to increase at a 17.5% CAGR through 2032. In terms of sales channel, the OEM segment will hold 93% of …
Feed Pigment Market: Growing Importance of Pigmentation for Animal Health and Product Quality Drives Demand for Feed Pigments in Livestock and Aquaculture Industries Worldwide
The total feed pigment market is estimated to develop at a 6.2% CAGR from 2022 to 2032, from USD 1,217.4 million in 2022 to USD 1,771.4 million in 2032. The Feed Pigment market is experiencing robust growth as livestock and aquaculture industries recognize the importance of pigmentation for animal health and product quality. With a …
Night Vision System (NVS) Market Expected to Reach US$ 1,276.8 Million By 2032: Advancements in Automotive Safety Technologies Drive Market Growth
The global night vision system market share is expected to surpass a valuation of US$ 1.276.8 Billion by 2032, with sales growing at a 13.9% CAGR over the forecast period. Increasing sales of luxury cars, along with rising awareness regarding road safety is boosting the requirement for improved night visibility range and quality. This is expected to fuel …
Grape Seed Extract in Pet Food Application Market to Reach US$ 73.7 Million by 2033: Growing Demand for Natural and Functional Ingredients to Enhance Pet Health Spurs Adoption of Grape Seed Extract in Pet Food Formulations
In 2023, the market for grape seed extract in pet food applications is expected to be worth US$ 43 million. Demand is estimated to reach US$73.7 million by 2033. During the forecast period, the market is expected to grow at a CAGR of 6%. The grape seed extract is a dietary supplement derived from the …
Animal Nutrition Chemicals Market: Rising Focus on Livestock and Pet Well-Being Drives Demand for Specialized Chemicals to Enhance Animal Health, Growth, and Productivity Worldwide
The Animal Nutrition Chemicals market is expanding rapidly as the livestock and pet industries prioritise animal health and performance. As people become more conscious of the importance of nutrition in raising production, there is a greater demand for specialised chemicals such as amino acids, enzymes, and minerals to improve animal health and growth. Continuous advances …
Chilling Growth: Cryogenic Systems Market Projected to Surge with 6.5% CAGR between 2022 and 2032
Cryogenic Systems are expected to grow at a rate of 6.5% per year, reaching a peak in 2021. According to Future Market Insights, a market research and competitive intelligence provider, global consumption of cryogenic systems market will increase at a CAGR of about 7.8% between 2022 and 2032. The demand for Cryogenic Systems has increased …
Precision in Prosperity: Die Bonder Equipment Demand to Reach US$ 6.0 Billion by 2032
The market for die bond equipment is expected to be worth US$ 6 billion by 2032. This increase is largely due to the increasing use of stacked-die technology in IoT devices, which will drive demand in the coming years. As a result, die bonder machinery is frequently used in the manufacture of semiconductor devices. A …
Skyrocketing Horizons: Variable Air Volume System Market to Ascend Towards a Whopping US$ 15.5 Billion Valuation by 2032
The market for variable air volume systems is expected to generate more than US$ 12 billion in sales by 2022. As more commercial and residential buildings adopt them, demand for these systems is expected to grow at a 7% CAGR, surpassing US$15.5 billion by 2032. Increasing disposable income, concerns about sustainability, increased infrastructure spending, and …
Biodegradable Bounty: A Comprehensive Study of Seaweed Packaging Market’s Role in Reducing Plastic Waste and Promoting Eco-Friendly Packaging Solutions
FMI has projected the seaweed packaging market to reach a valuation of US$ 682.1 million in 2023 and expected to rise to US$ 1,224.5 million by 2033, with a significant compound annual growth rate (CAGR) of 6.0% during the forecast period. The seaweed packaging industry is gaining traction due to concerns over plastic waste and the need …