In this article we will discuss a brief overview of the importance of Base Oil in various industries. Mention its role as a crucial component in lubricants, hydraulic fluids, and other applications. Emphasize the growing demand for Base Oil across automotive, industrial, and manufacturing sectors. …
The generator sales sector has expanded significantly in recent years. The growing need for backup power solutions, driven by factors such as catastrophic weather occurrences and aging power infrastructure, has boosted demand for generators in a variety of industries. According to a report by MarketsandMarkets, …
Market Growth Projections The electrical steel market is poised for substantial growth, with an estimated value of USD 40.6 billion in 2023, projected to reach USD 60.7 billion by 2028 at a commendable CAGR of 8.4%. This positive trajectory is underpinned by various factors, including …
The global Infection Surveillance Solutions Market is projected to reach USD 1,100 million by 2027 from USD 577 million in 2022, at a CAGR of 13.8% during the forecast period. Growth in this market is predominantly driven by the increasing prevalence of hospital-acquired infections and new …
The global cannabis industry is experiencing unprecedented growth, with an estimated value of USD 27.7 billion in 2022 and a projected surge to USD 82.3 billion by 2027, reflecting a remarkable compound annual growth rate (CAGR) of 24.3%. Within this dynamic landscape, the medical segment …
The specialty food ingredients market size is estimated at USD 179.8 billion in 2023 and is projected to reach USD 240.9 billion by 2028, at a CAGR of 6.0% from 2023 to 2028. The key factor contributing to the growing demand for specialty food ingredients …
The agricultural biologicals market size is anticipated to reach USD 27.9 billion by 2028 from USD 14.6 billion in 2023, at a CAGR of 13.8% during the forecast period in terms of value. Stricter regulations enforced by governments and regulatory bodies globally aim to safeguard …
According to a research report “Metaverse Market by Component (Hardware (AR Devices, VR Devices, MR Devices), Software, Professional Services), Vertical (Consumer, Commercial, Industrial Manufacturing), & Region(North America, APAC, Europe, MEA, Latin America) – Global Forecast to 2030″ published by MarketsandMarkets, the global metaverse market is expected to grow …
According to a research report “Hydrogen Generation Market by Technology (SMR, ATR, POX, Coal Gasification, Electrolysis), Application (Refinery, Ammonia, Methanol, Transportation, Power Generation), Source (Blue, Green, Gray), Generation Mode Region – Global Forecast to 2028″ published by MarketsandMarkets, the global hydrogen generation market is projected …
The global sourdough market is poised for robust growth, projected to reach USD 3.5 billion by 2028, according to a report by MarketsandMarkets. The market, estimated at USD 2.3 billion in 2023, is anticipated to grow at a CAGR of 9.0%. This surge is primarily …
According to research report the Optical Imaging Market: Product, Technique, Therapeutic Area, Application, End User – Global Forecast to 2027 forecasts a substantial growth, with the market projected to reach USD 2.9 billion by 2027, up from USD 1.5 billion in 2022, at a remarkable CAGR …
According to a research report “Simulation Software Market by Offering (Software & Professional Services), Software Type (Computer-Aided Design, Finite Element Analysis), Deployment Mode (On-Premises and Cloud), Application, Vertical and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global simulation software market size is projected to grow …
Key drivers of the stem cell therapy market include increase in stem cell research funding, expanding number of clinical trials related to stem cell therapies, and growing number of GMP-certified cell therapy production facilities. However, high costs associated with the development of stem cell therapy …
The surgical robots market refers to the industry and market segment focused on robotic systems designed for use in surgical procedures. Surgical robots are advanced medical devices that assist surgeons in performing complex surgical procedures with enhanced precision, control, and flexibility. The report Surgical Robots Market …