New Product Development
During the forecast period, the renewable solvent market is expected to grow at a CAGR of 4.2%. The renewable solvent market is expected to reach US$ 4.12 billion by 2032, thanks to rising environmental consciousness, which has raised worries about pollution around the world. Chemical substance which can completely dissolve, extract or suspend other materials …
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The Growth of the Aviation Test Equipment Market is expected to reach $9.8 billion by 2032, growing at a CAGR of 4.3 percent. In 2022, total sales of aircraft test equipment will reach US$8.0 billion. Increased R&D activities aimed at developing technologically sophisticated products in the aerospace and military industries are likely to stimulate demand for aviation test equipment. Aviation …
Magnesium acetate is the magnesium salt of acetic acid and is available both in the anhydrous as well as the hydrated form. The latter is better known as magnesium acetate tetrahydrate. The salt has a tendency to absorb moisture present in the atmosphere and dissolve in it. The salt, upon heating, decomposes to form magnesium …
The fluoroboric acid market is expected to grow at a CAGR of 3.15% during the forecast period, rising from $2.12 billion in 2021 to $3 billion by 2032. Because of increased competition, the fluoroboric acid market is predicted to offer great growth prospects over the forecast period. To address the global need for fluoroboric acid, …
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During the forecast period 2022-2032, the global n-butylene oxide 1,2 market is expected to grow at a CAGR of nearly 7% to 8%. Growing emphasis on increasing oil and gas production in countries such as the United States, China, Germany, Russia, and India, among others, is expected to boost market demand for n-butylene oxide 1,2. …
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The global silicon germanium material market is estimated to provide an incremental potential of more than US$ 4.5 billion by 2022, rising at a phenomenal CAGR of roughly 12% to 13% between 2022 and 2032. Sales of silicon germanium material are expected to hit US$ 10 billion by the end of 2032, up from US$ …
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The market for semiconductors in solar photovoltaic (PV) power systems is anticipated to expand from a value of US$ 222.44 billion in 2022 to US$ 1,377.27 billion by 2032, at a CAGR of 20%. The following are major drivers of demand: Due to the rising energy consumption brought on by the expanding population, there is …
In 2022, the revenue from real-time location systems will reach US$ 4.6 Billion. This market is expected to reach $37.3 billion by 2032, with a CAGR of 23.2% from 2022 to 2032. A real-time location system (RTLS) is a piece of technology that can locate and geolocate any object in real time. To obtain the desired information, …
The Boutique Hotel Market is estimated at US$ 93.37 Billion in 2022 and is projected to reach US$ 115.80 Billion by 2032, at a CAGR of 6.7 % from 2022 to 2032. In order to raise awareness and boost ticket sales, the hotel industry is adopting cutting-edge social media marketing techniques, including Facebook. More customers are using booking applications due of their usability and convenience. …
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According to Future Market Insights (FMI), the innovation management market is forecasted to reach a net worth of US$ 3.1 Bn in 2032, increasing from US$ 1 Bn in 2021. It is estimated to witness an impressive CAGR of 10.7% over the forecast years. Over the last decade, most global companies have transformed into digital modes requiring …
