Press Releases from Transparency Market Research (72477 total)
DNA Repair Drugs Market Projected to Surpass USD 10.4 Billion by 2031 - Transpar …
The global DNA repair drugs market is set to experience robust growth in the coming years. Valued at US$ 5.9 billion in 2022, the market is projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2031, eventually exceeding US$ 10.4 billion by the end of 2031. In this blog post, we delve into the key drivers, market segmentation, regional trends, competitive landscape, and future…
Refurbished Medical Imaging Equipment Market Forecast to Hit USD 18.3 Billion by …
The global refurbished medical imaging equipment market, valued at US$ 7.1 Bn in 2021, is poised for substantial growth over the next decade. With an estimated compound annual growth rate (CAGR) of 9.1% from 2022 to 2031, the market is expected to reach US$ 18.3 Bn by the end of 2031, driven by escalating demand for cost-effective imaging solutions across hospitals and diagnostic centers worldwide.
Explore core findings and critical insights…
Fetal Bovine Serum Market Expected to Exceed USD 1.6 Billion by 2031, Growing at …
The global fetal bovine serum (FBS) market, valued at US$ 842.73 Mn in 2020, is set to grow robustly over the next decade. With a compound annual growth rate (CAGR) of 6.4% from 2021 to 2031, the market is expected to exceed US$ 1.6 Bn by the end of the forecast period.
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Market Introduction
Fetal bovine serum (FBS) is the…
Isoamyl Alcohol Market Forecast: Expected to Hit US$290.5 Million by 2031, Growi …
The global isoamyl alcohol market, valued at US$93.7 million in 2022, is poised for significant growth. It is estimated to advance at a compound annual growth rate (CAGR) of 13.4% from 2023 to 2031, reaching US$290.5 million by 2031. This robust expansion reflects rising demand for solvents, flavors, fragrances, and pharmaceuticals, driven by industrial growth and sustainability trends. With a projected increase of over 210%, isoamyl alcohol is set to…
Surging Demand for Waste-to-Energy Solutions Drives Plastic to Fuel (PTF) Market …
The global plastic to fuel (PTF) market, valued at US$275.9 million in 2022, is poised for exponential growth. It is estimated to advance at a compound annual growth rate (CAGR) of 24.7% from 2023 to 2031, reaching US$2.0 billion by 2031. This surge reflects the rising demand for sustainable waste management and alternative fuels, driven by environmental concerns and regulatory support. With a projected growth of over 600%, PTF technologies…
Battery Cyclers Market Projected to Reach USD 1.3 Billion by 2034 - Transparency …
Battery cyclers are critical testing instruments used to assess the performance and durability of batteries through charge-discharge cycles, serving key sectors such as automotive, electronics, energy storage, and aerospace. The Battery Cyclers Market is poised for substantial growth between 2024 and 2034, driven by the increasing demand for reliable energy storage systems, rapid advancements in battery technologies, and the accelerating adoption of electric vehicles (EVs).
The Battery Cyclers Market is projected…
Automotive and Packaging Sectors Fuel 6.3% CAGR Growth in Europe Silicone Master …
The Europe silicone masterbatches market, valued at US$218.9 million in 2020, is set for robust growth over the next decade. It is estimated to expand at a compound annual growth rate (CAGR) of 6.3% from 2021 to 2031, reaching US$427.5 million by 2031. This growth reflects rising demand for high-performance additives in automotive, packaging, and electronics, driven by sustainability trends and industrial expansion. With a projected increase of nearly 95%,…
Eco-Driven Regulations and Consumer Demand Propel Vegetable-based Inks Market to …
The global vegetable-based inks market, valued at over US$9 billion in 2021, is set for steady growth over the next decade. It is estimated to expand at a compound annual growth rate (CAGR) of 4.7% from 2022 to 2031, crossing US$14 billion by the end of 2031. This growth reflects rising demand for eco-friendly printing solutions in packaging, labeling, and commercial printing, driven by environmental awareness and regulatory pressures. With…
Rising Demand in Packaging, Cosmetics, and Coatings to Drive Synthetic Wax Marke …
The global synthetic wax market, valued at US$9.7 billion in 2022, is poised for steady growth over the next decade. It is estimated to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2031, reaching US$15.4 billion by the end of 2031. This expansion reflects the rising demand for versatile, high-performance waxes in cosmetics, packaging, and coatings, driven by industrial growth and sustainability trends. With a…
Smart Card IC Market is expected to grow at a CAGR of 3.7%, reaching a market va …
The smart card integrated circuit (IC) market is witnessing robust growth, driven by the rising adoption of secure payment solutions, identity verification, and access control systems. Advancements in technology and the ongoing trend toward digitization have fueled increased demand for smart card ICs across sectors such as banking, telecommunications, healthcare, and transportation.
The Smart Card IC market is projected to reach a valuation of USD 5.2 billion by 2034, with the…
Thin Film Power Inductor Market Expected to Hit USD 315.3 Billion by 2034, Growi …
Thin Film Power Inductors are essential components in today's advanced electronic circuits, providing efficient energy storage and signal filtering in compact, space-saving formats. Their high reliability and performance make them ideal for applications such as power supplies, DC-DC converters, and RF circuits. This report delves into the major trends, market drivers, challenges, and regional developments influencing the growth of the Thin Film Power Inductor Market during the forecast period from…
Solid State Cooling Market to Hit USD 1.7 Billion by 2034, Expanding at a CAGR o …
The solid-state cooling market is witnessing robust growth, fueled by rising demand for energy-efficient and eco-friendly cooling technologies. Leveraging thermoelectric technology based on the Peltier effect, these systems facilitate heat transfer without the use of traditional refrigerants. Their compact size, high reliability, and adaptability make them increasingly popular across diverse applications, including consumer electronics, automotive, healthcare, and industrial sectors.
The Solid-State Cooling Market is anticipated to reach USD 1.7 billion by…
Europe Window Blinds Market Projects Robust 4.8% CAGR to 2031, Driven by Smart T …
The European window blinds market reached a value of US$ 5.1 billion in 2021, reflecting robust demand across residential and commercial segments. Forecasts indicate the market will grow at a CAGR of 4.8%, driven by the increasing adoption of automated and eco-friendly blinds. The projected value of US$ 11.8 billion by 2031 underscores the market's potential, especially as consumers seek more versatile and technologically integrated solutions. Factors such as rising…
Meal Kit Market Booms with 20.4% CAGR Through 2031 - Driven by Health and Conven …
The global meal kit market was valued at US$ 7.0 billion in 2021 and is forecasted to expand significantly, reaching approximately US$ 44.6 billion by 2031, growing at a CAGR of 20.4% from 2022 to 2031. This remarkable growth is fueled by shifting consumer behaviors post-pandemic, as more individuals discover the convenience and control offered by meal kits. The growing trend of cooking at home, even as restaurants reopen, reflects…
Europe Cycling Apparel Market to Grow at 5.2% CAGR, Reaching USD 1.8 Bn by 2031 …
The cycling apparel market in Europe has undergone significant evolution over the past decade, shaped by rising environmental awareness, increasing health consciousness, and a surge in urban mobility trends. Once viewed primarily as functional sportswear, cycling apparel has now become a fusion of performance, technology, and lifestyle. This transformation reflects broader shifts in European consumer behavior, where demand for sustainable and performance-enhancing activewear has grown in tandem with the popularity…
Bedroom Linen Market Poised for 6.4% CAGR Growth Through 2031, Driven by Premium …
The global bedroom linen market has emerged as a dynamic and rapidly expanding segment of the home textile industry, driven by shifting consumer preferences, rising disposable incomes, and a growing emphasis on home aesthetics and comfort. Bedroom linen-comprising bed sheets, pillowcases, blankets, duvets, and bedspreads-has evolved from being a functional necessity to a lifestyle-oriented purchase. This transformation is especially prominent in urban areas, where consumers are increasingly aligning home decor…
Europe Farrier Products Market to Grow at 5.2% CAGR, Reaching USD 284.3 Mn by 20 …
The Europe farrier products market is charting a promising trajectory as it heads into the next decade. Valued at US$ 180.6 million in 2022, the market is projected to expand at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2031, ultimately reaching an estimated US$ 284.3 million by 2031. This growth is underpinned by rising awareness about equine hoof care, an increase in horse ownership for leisure…
Quartz Crystal Market to Reach USD 7.7 Billion by 2034, Driven by Expanding Use …
The Quartz Crystal Market is experiencing steady growth driven by rising demand for precise frequency control in applications such as consumer electronics, telecommunications, automotive systems, and industrial automation. Quartz crystals are widely used for their reliability and stability in timing circuits, making them essential in modern electronic devices. The market is further supported by advancements in miniaturization, increasing adoption of IoT and 5G technologies, and growing demand for automotive and…
Bioprocess Technology Market Expected to Reach USD 53.7 Billion by 2031, Advanci …
The global bioprocess technology market, valued at US$ 22.4 Bn in 2020, is projected to expand significantly over the next decade. With a compound annual growth rate (CAGR) of 8.3% from 2021 to 2031, the market is expected to reach US$ 53.7 Bn by the end of 2031.
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Market Introduction
Bioprocess technology encompasses the industrial application of biological processes to produce…
Lithotripsy Device Market Forecast to Cross USD 1.1 Billion by 2031, Expanding a …
The global lithotripsy device market, valued at US$ 717.6 Mn in 2021, is set to experience steady growth over the next decade. Industry experts project that the market will grow at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2031, reaching more than US$ 1.1 Bn by the end of the forecast period.
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Key Highlights
The market…
Digital Dose Inhalers Market Projected to Exceed USD 7.22 Billion by 2031, Regis …
The global digital dose inhalers market, valued at US$ 2.23 Bn in 2021, is poised for robust growth over the next decade. Market experts project that the market will advance at a compound annual growth rate (CAGR) of 12.5% from 2022 to 2031, surpassing US$ 7.22 Bn by the end of the forecast period.
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Key Highlights:
The market was valued at…
Smoke Evacuation Systems Market Anticipated to Surpass USD 298.8 Million by 2031 …
The global smoke evacuation systems market is poised to grow at a robust 6.6% CAGR from 2022 to 2031, reaching USD 298.8 million by the end of the forecast period. Rising concerns over surgical smoke exposure, stringent healthcare regulations, and increasing surgical procedures worldwide are propelling demand for advanced smoke evacuation technologies.
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Market Growth Fueled by Rising Electrosurgical and Laser…
Advanced Healthcare Applications Propel Medical Composites Market to US$500 Mill …
The global medical composites market is projected to reach US$500 million by 2030, expanding at a compound annual growth rate (CAGR) of 9% during the forecast period. This growth reflects the increasing demand for lightweight, biocompatible materials in diagnostic imaging, prosthetics, and surgical applications, driven by advancements in medical technology and rising healthcare needs. With a projected increase of approximately 80% from its 2020 valuation of around US$277 million, medical…
Surge in Outdoor and Portable Energy Applications to Push Butane Gas Cartridges …
The global butane gas cartridges market is projected to reach US$600 million by 2027, expanding at a compound annual growth rate (CAGR) of 4% during the forecast period. This growth reflects the rising demand for portable energy solutions in outdoor recreation, food services, and medical applications, driven by urbanization and consumer preference for convenience. With a projected increase of approximately 50% from its 2018 valuation of around US$400 million, butane…
Photoionization Detection (PID) Gas Analyzer Market Projected to Reach USD 244.3 …
The Photoionization Detection (PID) Gas Analyzer Market is witnessing strong growth, propelled by its broad applications in environmental monitoring, industrial safety, and chemical analysis. Renowned for their high sensitivity and accuracy in detecting volatile organic compounds (VOCs) and other harmful gases, PID analyzers are becoming essential tools across multiple sectors. The market's expansion is further supported by heightened workplace safety standards and the enforcement of stringent environmental regulations, driving widespread…
Smart Locker Market on Track for USD 9.3 Billion by 2034 Backed by E-Commerce an …
The global smart locker market is experiencing significant growth, fueled by the increasing demand for secure, automated parcel delivery and storage solutions. Integrating IoT, cloud technology, and mobile applications, smart lockers provide efficient, contactless access and real-time tracking. These systems are being widely adopted across sectors such as e-commerce, logistics, retail, and residential properties, helping to streamline delivery operations, improve security, and enhance user convenience.
Smart Locker Market was valued at…
High Voltage Solid-State Transformer Market to Reach USD 682.0 Million by 2031, …
The global High Voltage Solid-State Transformer (SST) market is poised for rapid expansion, fueled by the accelerating adoption of renewable energy, widespread deployment of electric vehicle (EV) charging infrastructure, and increasing investments in smart grid modernization.
High voltage SST market was valued at USD 191.3million in 2022 and is projected to grow at a CAGR of 15.3%, reaching approximately USD 682.0 million by 2031. This remarkable growth trajectory signals a paradigm…
Wayside Control Market to Reach USD 2.17 Billion by 2031, Driven by Railway Auto …
Wayside control systems are essential components of modern railway infrastructure, ensuring safe and efficient train movement by managing signals, switches, and crossings. These systems are increasingly integrated with advanced technologies such as AI, IoT, and data analytics to enhance operational efficiency, reduce downtime, and prevent accidents.
The global Wayside Control Market is on a strong growth trajectory, projected to reach USD 2.17 billion by 2031, expanding at a CAGR of 8.1%…
Power Management System Sector Poised for 11.6 % CAGR-Fueled Growth, Reaching US …
The global power management system (PMS) market(https://www.transparencymarketresearch.com/power-management-system-market.html), which was valued at US$ 5.4 trillion in 2022, is poised for significant growth over the coming years. With an anticipated CAGR of 11.6% from 2023 to 2031, the market is projected to reach US$ 14.4 trillion by the end of 2031. Increasing demand for enhanced power plant efficiency and the need for a reliable, secure, and stable electricity supply are among the…
Digital Instrument Transformer Industry Expected to Top USD 938.2 Million by 203 …
The global digital instrument transformer market(https://www.transparencymarketresearch.com/digital-instrument-transformer-market.html), which was valued at US$ 490.5 million in 2022, is poised for significant growth. Driven by the increasing demand for accurate and reliable power system measurements, the rising adoption of smart grid technologies, and the limitations of traditional analogue transformers, the market is estimated to expand at a CAGR of 7.5% from 2023 to 2031, reaching US$ 938.2 million by the end of 2031.
Digital…
Bio LPG Industry Expected to Hit USD 10.0 Billion by 2031, Expanding at 42.3 % C …
The global bio LPG market(https://www.transparencymarketresearch.com/bio-lpg-market.html), which was valued at US$ 416.9 million in 2022, is set for remarkable expansion over the coming years. Driven by a surge in demand for sustainable fuels and rising concerns regarding carbon emissions, the market is projected to advance at a CAGR of 42.3% from 2023 to 2031, reaching US$ 10.0 billion by the end of 2031.
Bio LPG, also known as biopropane, is emerging as…
lobal Biogas Compression Market Poised to Cross USD 319.2 Million by 2031, Expan …
The global biogas compression market(https://www.transparencymarketresearch.com/biogas-compression-market.html), valued at US$ 56.6 million in 2022, is set to experience robust growth. With an anticipated CAGR of 21.2% from 2023 to 2031, the market is projected to reach US$ 319.2 million by the end of 2031. This growth is primarily driven by increasing concerns about greenhouse gas emissions, rising government initiatives to promote clean energy, and the expansion of biogas compression facilities worldwide.
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Global FRAM Market to Surge from USD 401.7 M in 2022 to USD 601.3 M by 2031 at 4 …
The global Ferroelectric RAM (FRAM) industry was valued at USD 401.7 million in 2022. Forecasts indicate a steady compound annual growth rate (CAGR) of 4.7% from 2023 to 2031, propelling the market to an estimated USD 601.3 million by the end of 2031. FRAM combines the speed of SRAM, the non-volatility of EEPROM, and the endurance needed for mission-critical data logging. With applications spanning across automotive, consumer electronics, healthcare, industrial,…
Semiconductor Plating System Market Eyes USD 7.7 Billion by 2031, Fueled by 4.8% …
The global semiconductor plating system market was valued at USD 5.1 billion in 2022 and is expected to reach USD 7.7 billion by 2031, posting a compound annual growth rate (CAGR) of 4.8% over the 2023-2031 forecast period. Semiconductor plating systems are critical in enhancing solderability, corrosion resistance, and electrical conductivity of wafer substrates. As advanced packaging technologies and miniaturization drive semiconductor complexity, plating processes such as copper, gold, and…
Global Silicon Carbide (SiC) Power Device Market Outlook to 2031: Anticipated to …
The global Silicon Carbide (SiC) power device market was valued at USD 1.3 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 19.3% between 2023 and 2031, reaching USD 6.3 billion by the end of 2031. SiC power devices encompassing diodes, MOSFETs, power modules, and gate drivers are rapidly displacing traditional silicon components in applications demanding high efficiency, high voltage, and high-temperature operation.…
Gallium Arsenide (GaAs) Photodiode Market to Reach USD 105.0 Million by 2031, Ri …
The global gallium arsenide (GaAs) photodiode market was valued at USD 73.4 million in 2022 and is projected to expand at a CAGR of 4.1% from 2023 to 2031, reaching USD 105.0 million by the end of 2031. GaAs photodiodes, semiconductor devices that convert light into electrical current via the photovoltaic effect, are prized for their high sensitivity, low noise, and rapid response times-attributes critical to high-speed optical applications. Fueled…
Technetium 99m Market Expected to Grow at 3.3% CAGR, Surpassing USD 8.6 Billion …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
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Analysts' Viewpoint
The Technetium‐99m…
Low Endotoxin Gelatin Market Anticipated to Hit USD 1.7 Billion by 2034, Boosted …
The global low endotoxin gelatin market is experiencing significant growth, driven by the increasing adoption of 3D bioprinting and the demand for faster wound healing solutions. Low endotoxin gelatin offers a range of advantages, including exceptional absorption capacity, biodegradability, biocompatibility, non-antigenicity, and excellent foaming properties. These characteristics make it a preferred choice in pharmaceuticals, biotechnology, and medical research. With the industry valued at US$ 880.6 million in 2023, it is…
Central Nervous System Therapeutics Market Projected to Reach USD 231.8 Billion …
The central nervous system (CNS) plays a crucial role in controlling and coordinating bodily functions, and disorders affecting the CNS can have severe consequences on cognitive, motor, and sensory functions. Conditions such as Alzheimer's disease, Parkinson's disease, epilepsy, stroke, and multiple sclerosis are becoming increasingly prevalent worldwide, necessitating continued advancements in CNS therapeutics.
The global CNS therapeutics market was valued at US$ 102.4 billion in 2023 and is expected to grow…
C-arms Market Set to Exceed USD 5.1 Billion by 2034, Driven by Demand for Minima …
The global C-arms market was valued at US$ 2.7 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.9%, surpassing US$ 5.1 billion by 2034. The market growth is driven by technological advancements, increasing demand for minimally invasive surgeries, and a rising global geriatric population. The development of digital flat-panel detectors and artificial intelligence (AI)-powered imaging is revolutionizing the industry by improving image…
Lightweight and Recyclable Materials Fuel Global Demand for PET Foam Core, Pushi …
The global PET foam core market, valued at US$84.2 million in 2021, is poised for robust growth over the next decade. It is estimated to expand at a compound annual growth rate (CAGR) of 7.2% from 2022 to 2031, reaching US$165.7 million by the end of 2031. This expansion reflects the increasing demand for lightweight, recyclable materials in wind energy, marine, and transportation sectors, driven by sustainability trends and infrastructural…
EMC Shielding and Test Equipment Market to Reach US$ 17.0 Billion by 2034, Drive …
The EMC Shielding and Test Equipment Market is witnessing robust growth, fueled by the increasing demand for electronic devices and stringent regulatory standards for electromagnetic compatibility. EMC shielding and testing solutions are essential for minimizing electromagnetic interference (EMI), ensuring the optimal functionality and performance of electronic and electrical systems. Key application sectors driving market expansion include automotive, aerospace, telecommunications, consumer electronics, healthcare, and industrial industries.
EMC Shielding and Test Equipment Market…
Household and Industrial Cleaning Trends Drive Detergents Market Toward 4.3% CAG …
The global detergents market, valued at US$120.7 billion in 2021, is poised for steady growth over the next decade. It is estimated to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2031, reaching US$176.3 billion by the end of 2031. This expansion reflects the rising demand for cleaning and hygiene products across household, industrial, and institutional sectors, driven by population growth, urbanization, and eco-friendly innovations.…
Flexography Printed Electronics Market Set for Steady Growth, Projected to Hit U …
Flexography-printed electronics combine the precision of flexographic printing with cutting-edge electronic technology, enabling the production of flexible, lightweight, and cost-effective components. This innovative approach is gaining momentum in applications such as sensors, displays, photovoltaic cells, and RFID tags. The growing demand for flexible electronics in consumer devices and the rapid expansion of the IoT ecosystem are key factors driving the market's growth.
The Flexography Printed Electronics market is expected to reach…
Global Push for Lightweight and Electrically Active Materials Powers Conductive …
The global conductive plastic compounds market, valued at US$11.0 billion in 2021, is poised for robust growth over the next decade. It is estimated to advance at a compound annual growth rate (CAGR) of 10.9% from 2022 to 2031, reaching US$30.6 billion by the end of 2031. This expansion reflects the rising demand for lightweight, electrically conductive materials in electronics, automotive, and aerospace sectors, driven by technological advancements and sustainability…
Single-walled Carbon Nanotube Market Set to Skyrocket to US$24.1 Billion by 2031 …
The global single-walled carbon nanotube (SWCNT) market, valued at US$358.0 million in 2021, is poised for extraordinary growth. It is estimated to surge at a compound annual growth rate (CAGR) of 52.4% from 2022 to 2031, reaching US$24.1 billion by the end of 2031. This remarkable expansion reflects the increasing adoption of SWCNTs in electronics, energy storage, and aerospace, driven by their exceptional electrical, thermal, and mechanical properties. With a…
Metal Card Making Machine Market Poised for USD 948.2 Billion Valuation by 2034 …
The Metal Card Making Machine Market is witnessing significant growth, driven by the rising demand for premium-quality metal cards across sectors such as financial services, retail, hospitality, and membership programs. These machines are engineered to produce durable, secure, and visually striking cards that offer a blend of functionality and luxury. The growing adoption of metal cards by high-net-worth individuals and corporate clients is accelerating the need for advanced and efficient…
Radar Market to Surge at 10.6% CAGR, Achieving USD 145.3 Billion by 2034 - TMR R …
The global radar market is projected to experience robust growth between 2024 and 2034, driven by the increasing demand for advanced surveillance systems, the rapid expansion of the automotive industry, and ongoing technological advancements in radar technology. Radar (Radio Detection and Ranging) systems are essential across a wide range of applications, including defense, aviation, maritime navigation, automotive safety, and weather monitoring.
The radar market is projected to reach USD 145.3 billion…
Optical Current Transformer Market Outlook: 8.0 % CAGR to Propel Market to US$ 6 …
The optical current transformer (OCT) market(https://www.transparencymarketresearch.com/optical-current-transformer-market.html) is poised for significant growth driven by rising investments in smart grid modernization and the increasing need for fast, accurate, and reliable current measurement devices in power generation and distribution systems. Valued at US$ 32.1 Mn in 2022, the global OCT industry is estimated to expand at a CAGR of 8.0% from 2023 through 2031, reaching US$ 63.5 Mn by the end of the…
Brine Concentration Technology Market Set to Hit USD 20.4 Billion by 2031, Growi …
The global brine concentration technology market(https://www.transparencymarketresearch.com/brine-concentration-technology-market.html), valued at approximately US$ 14.0 billion in 2022, is set to experience steady growth over the forecast period. Driven by the surge in energy demand, the depletion of coal reserves, and the critical need for zero liquid discharge systems, the market is projected to advance at a compound annual growth rate (CAGR) of 4.3% from 2023 to 2031, reaching an estimated US$ 20.4 billion…
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