Press Releases from Reports And Data (246 total)
Global Rainscreen Cladding Market Size to Reach USD 249.81 Billion in 2032
In 2022, the global rainscreen cladding market was valued at USD 135.88 billion and is predicted to grow rapidly with a compound annual growth rate (CAGR) of 7% during the forecast period. The increasing demand for visually appealing and energy-efficient building facades in both residential and commercial sectors has resulted in the rising popularity of rainscreen cladding systems, which are regarded as sustainable and eco-friendly building techniques. Additionally, the need…
Agrochemicals Market Revenue, Growth Factors, Trends, Key Companies, Forecast to …
The global agrochemicals market was valued at USD 225 billion in 2022, and is projected to increase to USD 293.57 billion by 2032, with a revenue compound annual growth rate (CAGR) of 3% during the forecast period. The need to enhance crop production and quality, along with the growing demand for food due to population expansion, are among the key drivers of market revenue growth. The agricultural sector has made…
Prepreg Market Projected to Reach USD 32 Billion by 2032, Fueled by Growing Dema …
The Prepreg Market has witnessed significant growth in recent years, with a market size of USD 12.5 billion in 2022 and an expected increase to USD 32 billion in 2032, with a projected CAGR of 11% during the forecast period. The market growth is mainly driven by rising demand from aerospace and military industries, where prepregs, which are composite materials made of reinforcing fibers treated with resin systems, are widely…
Omega 3 Market to Reach USD 9.25 Billion By 2032, Fueled by Growing Demand for F …
The Global Omega-3 Market is projected to reach USD 9.25 by 2032. The Omega-3 market is fueled by the rising awareness for food nutrition and dietary improvements. Also, various factors such as the developing economies and subsequently increasing income of consumers, adoption of e-commerce and m-commerce platforms, and demand for the overall organic supplements & functional foods are expected to create enforcements in the market.
Avocado benefits, avocado benefits for skin,…
Rapid Growth Projected for Acupuncture Needles Market as Alternative Therapy Gai …
The Global Acupuncture Needles Market is experiencing significant growth, with a valuation of USD 145.2 million in 2022 and projected to reach USD 227.9 million by 2032. This market is expected to register a steady revenue CAGR of 4.5% during the forecast period. One of the key drivers of this growth is the increasing utilization of acupuncture therapy as an alternative treatment for various medical conditions, including chronic pain, depression,…
Biopharmaceuticals Contract Manufacturing Market to Reach USD 30.08 Billion by 2 …
The Global Biopharmaceuticals Contract Manufacturing Market reached USD 13.85 billion in 2022, and it is projected to exhibit a revenue CAGR of 9% throughout the forecast period. The growth of the market is primarily fueled by the increasing prevalence of chronic diseases, which underscores the need for biopharmaceuticals. Pharmaceutical and biotechnology companies are increasingly outsourcing the manufacturing of biopharmaceuticals to save time, reduce costs, and focus on their core competencies.
The…
NASH Market Set to Skyrocket: Expected to Reach USD 13.45 Billion by 2030 with 2 …
The Global Non-Alcoholic Steatohepatitis (NASH) Market was USD 2.42 billion in 2022, projected to grow at a CAGR of 21% to reach USD 13.45 billion by 2030. The increasing prevalence of Non-Alcoholic Fatty Liver Disease (NAFLD) and the demand for alternative treatments for NASH are key drivers of market growth. Neglecting NAFLD can lead to the more severe NASH, causing cirrhosis, liver damage, and potentially liver failure.
One major factor driving…
Global Medical Billing Outsourcing Market to Grow at 12% CAGR by 2032 Driven by …
The global Medical Billing Outsourcing Market is anticipated to grow at a CAGR of 12% during the forecast period and reached USD 12.43 billion in 2022. One of the primary drivers of this growth is the increasing need for precise medical billing and coding procedures, which has become more difficult for healthcare providers to handle internally due to the rising complexity of medical billing and coding requirements. This trend is…
Global Neurostimulation Devices Market to Reach $16.97 Billion by 2032, Driven b …
The global Neurostimulation Devices Market was USD 5.65 billion in 2022 and is expected to rise to USD 16.97 billion in 2032, with a revenue CAGR of 13% during the forecast period. The growth in market revenue is primarily driven by factors such as the rising incidence of neurological diseases, an aging population, and the increasing demand for minimally invasive surgeries. Neurological conditions such as chronic pain, depression, Parkinson's disease,…
Medical 3D Printing Plastics Market to Grow at 26.2% CAGR, Fueled by Demand for …
In 2022, the global Medical 3D Printing Plastics Market size was USD 334 billion. It is projected to achieve a revenue compound annual growth rate (CAGR) of 26.2% during the forecast period. The primary driver for market revenue growth is the increasing demand for personalized medical implants and prosthetics. The use of 3D printing technology has revolutionized the healthcare sector by enabling the production of prosthetics and implants that are…
Global Point of Care (POC) Diagnostics Market to Reach USD 51.81 Billion by 2032 …
The global Point of Care (POC) Diagnostics Market had a valuation of USD 25.92 billion in 2022 and is anticipated to grow to USD 51.81 billion by 2032 with an expected CAGR of 8% during the forecast period. The market growth is primarily driven by the increasing demand for home healthcare and self-testing and the need for quick and precise diagnostic equipment. The prevalence of infectious diseases, such as HIV,…
Global Animal Health Market to Reach USD 93.49 Billion by 2030, Driven by Rising …
The Animal Health Market had a size of USD 39.52 Billion in 2021 and is expected to experience a revenue Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period. The growth is being propelled by the rising incidence of zoonotic diseases and food-borne infections, which are prevalent worldwide. Researchers have estimated that more than 60% of human infections are caused by contact with infected animals, their living areas,…
Cobblestone Market Analysis By Future Demand, Top Players, and Growth Rate Throu …
Cobblestone Market Overview:
The Cobblestone market had a strong performance in 2021, and it is projected to maintain a steady revenue CAGR throughout the forecast period. Cobblestone, a natural construction material composed of cobble-sized stones, is commonly used in commercial and residential buildings, as well as in road infrastructure. Its usage as a pavement material dates back to the Medieval period, but its popularity has mainly increased due to its unique…
Global Prescription Rx Sunglass Market to Reach USD 30.4 Billion by 2032, Fueled …
The global Prescription Rx Sunglass Marketwas valued at USD 18.1 billion in 2022 and is expected to reach USD 30.4 billion by 2032, with a projected revenue CAGR of 5.2% during the forecast period. The growth of the market can be attributed to various factors, such as increased awareness about the importance of eye protection, a rise in eye-related diseases, and a growing popularity of outdoor activities. The aging population…
Global Pet Obesity Management Market to Reach USD 2.09 Billion by 2032 with a CA …
The global Pet Obesity Management Market was valued at USD 1.28 billion in 2022 and is expected to reach USD 2.09 billion by 2032, with a compound annual growth rate (CAGR) of 5.6% during the forecast period. The increasing prevalence of pet obesity, rising awareness about pet health and wellness, and growing demand for pet food and supplements are the primary drivers of market revenue growth.
Pet obesity is a significant…
Artificial Intelligence (AI) Chipsets Market Expected to See Rapid Revenue Growt …
The Artificial Intelligence (AI) Chipsets Market reached USD 14.9 Billion in 2022 and is projected to experience a substantial revenue CAGR of 40% during the forecast period. The market growth is driven by various factors, such as the increasing demand for AI-powered devices, advancements in technology, and the adoption of AI in different industries such as healthcare, finance, and retail. Additionally, the market revenue growth is propelled by the rising…
Supply Chain Analytics Market Valued at $4.32 Billion in 2022, Expected to Grow …
The global Supply Chain Analytics Market size was USD 4.32 billion in 2022 and is anticipated to grow at a rapid revenue CAGR of 15% during the forecast period.
The rise in demand for real-time visibility and efficient operations of the supply chain is a key factor driving the growth of market revenue. The adoption of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and big data analytics for…
Global Contact Lenses Market to reach USD 14.04 Billion by 2032 with 6% CAGR, Dr …
The global Contact Lenses Market had a size of USD 8.31 billion in 2022, with an expected increase to USD 14.04 billion in 2032 and a revenue compound annual growth rate (CAGR) of 6% during the forecast period. Market revenue growth is primarily driven by the rising prevalence of visual impairments, including myopia, hyperopia, astigmatism, and presbyopia, as well as an increasing aging population.
Demand for cosmetic contact lenses, which can…
Global Patch-Based Wound Healing Products Market to Grow at 6.2% CAGR and Reach …
The patch-based wound healing products market is expected to witness significant growth during the forecast period, with a projected revenue CAGR of 6.2%. The market size was valued at USD 6.07 billion in 2022 and is expected to reach USD 10.43 billion in 2032. The market growth is driven by various factors such as an increasing geriatric population, rising demand for advanced wound care products, high incidence of surgical procedures,…
Global Pacemaker Market Projected to Reach USD 7.4 Billion by 2032 with 4% CAGR, …
The global pacemaker market size was valued at USD 5.2 billion in 2022, and it is projected to reach USD 7.4 billion by 2032, with a compound annual growth rate (CAGR) of 4% during the forecast period. The market growth is primarily driven by an increase in the prevalence of cardiovascular disorders, a surge in the aging population, and advancements in technology. There has been a rise in the incidence…
Global Laboratory Proficiency Testing Market to Reach USD 3.78 Billion by 2032, …
The global market for Laboratory Proficiency Testing (LPT) had a market size of USD 1.89 Billion in 2022 and is projected to reach USD 3.78 Billion by 2032, exhibiting a rapid revenue CAGR of 8% during the forecast period. The market is being driven by increasing demand for accurate and quality test results in laboratories, strict regulations and standards from organizations such as the Food and Drug Administration (FDA) and…
High Performance Adhesives Market is Expected to Gain Popularity Across the Glob …
High Performance Adhesives Market Overview:
The market size of high-performance adhesives globally was valued at USD 32.14 billion in 2022, with an expected rapid revenue CAGR of 3.5% during the forecast period. The increasing demand from various end-use industries like construction, transportation, and aerospace, along with the growth in private and government spending in healthcare and building and construction sector, is driving the market's revenue growth. High-performance adhesives are known for…
Nitrogen Phosphorus and Potassium (NPK) Market to Experience Significant Growth …
Nitrogen Phosphorus and Potassium (NPK) Market Overview:
The Nitrogen, Phosphorus, and Potassium (NPK) market had a global size of USD 24000 million in 2022 and is projected to grow to USD 31314.56 million in 2032, with a 3% revenue CAGR over the forecast period. The market is being driven by an increasing demand for nutrient-rich fertilizers, particularly in emerging economies, due to the rising demand for food crops. As the population…
Polyester Market Revolutionary Trends in Industry Growth Statistics by 2030
Polyester Market Overview:
The global market for polyester has witnessed significant growth in 2021 and is expected to continue registering a steady revenue CAGR over the forecast period. These fibers are manufactured from virgin or recycled polyethylene terephthalate (PET) and have become the most commonly used fiber in the textile industry due to their flexibility, high tensile strength, easy durability, elasticity, and great abrasive strength, as well as being cheaper and…
Rapid Growth Expected in Laboratory Informatics Market with 5% CAGR till 2032, F …
The laboratory informatics market is expected to grow at a rapid pace during the forecast period, from 2022 to 2032, with a projected revenue CAGR of 5%. The market size was valued at USD 3.68 Billion in 2022 and is expected to reach USD 5.71 Billion in 2032. One of the primary drivers of market growth is the increasing demand for laboratory automation and digitization of laboratory productivity, efficiency, and…
Spa Market Soars to USD 252.2 Billion By 2032 with 7% CAGR Forecast Due to Growi …
The global spa market has seen significant growth in recent years, with the market size reaching USD 137.18 billion in 2022. According to the latest report by Reports and Data, the market is expected to register a revenue CAGR of 7% over the forecast period. The increasing importance that customers place on self-care and the desire to maintain physical and emotional well-being have been major drivers of this growth.
Spas provide…
Global Fiber Optics Market to Reach USD 11.18 Billion by 2030 with 9.3% CAGR Dri …
The global Fiber Optics Market is projected to reach USD 11.18 billion by 2030, with a revenue CAGR of 9.3% during the forecast period. The growth in revenue can be attributed to several factors, such as the ability of the technology to facilitate long-distance and high-performance data networking, higher bandwidth, and the capacity to transmit significantly greater volumes of data compared to older conventional copper cables.
Furthermore, the market growth is…
Americas Range Hood Market to Reach USD 7.03 Billion by 2032, Driven by Increasi …
The Americas range hood market is experiencing a steady growth trajectory and is expected to reach USD 7.03 Billion by 2032, registering a revenue CAGR of 4% during the forecast period. This growth is attributed to several factors, including the increasing popularity of home remodeling and renovation projects, rapid urbanization, and the rising demand for smart and energy-efficient kitchen appliances in the area.
Another factor driving the growth of the range…
Awnings Market Poised to Grow at 8.2% CAGR, Valued at USD 14.23 Billion By 2032 …
The global awnings market has been on a steady growth trajectory, with a market size of USD 7 billion in 2022. This market is expected to continue growing at a CAGR of 8.2% during the forecast period. The major factor driving this growth is the increasing demand for home remodelling projects and outdoor living areas in both residential and commercial structures.
The need for awnings is on the rise due to…
Canned Wines Market Poised to Reach USD 1.4 Billion by 2032, Fueled by Convenien …
The global canned wines market has been experiencing rapid growth in recent years. According to market research, the market size for canned wines was valued at USD 518.4 million in 2022 and is expected to grow to USD 1.4 billion by 2032, with a projected revenue CAGR of 10.8% during the forecast period. The increasing popularity of canned wines is attributed to their convenience and durability for use during outdoor…
Cat Litter Products Market Valued at USD 16.13 Billion By 2032, Expected to Grow …
The global cat litter products market is expected to register a revenue CAGR of 4% during the forecast period, from USD 11.33 Billion in 2022. The significant growth of this market can be attributed to several factors, including the increasing rates of pet ownership and adoption across the globe. According to the American Pet Products Association, there are already 85 million households in the US that have pets, and this…
Silica Market Research Covering Growth Analysis And Industry Trends with Forecas …
Silica Market Overview:
The silica market witnessed a significant surge in its size in 2021, and is projected to exhibit a rapid revenue CAGR throughout the forecast period. Silica is known to enhance the structural rigidity, resistance properties, and flex fatigue qualities of rubber goods. This is why it finds immense use in tire applications, since it strengthens the binding and shear resistance between car tires and metallic reinforcements. The tire…
Refractories Market Upcoming Growth, Key Player Analysis and Forecast 2032
Refractories Market Overview:
The refractories market is projected to grow significantly over the forecast period, with a revenue CAGR of 5% from 2022 to 2032. The market size was USD 34 billion in 2022 and is expected to reach USD 52.75 billion by 2032. The steel industry's increasing demand for refractories is a key factor driving market growth. Refractory materials, which can withstand high temperatures, are extensively used in furnaces and…
HDPE Pipes Market Analysis By Manufacturers, Regions, Types and Applications 203 …
HDPE Pipes Market overview:
The market for HDPE pipes was strong in 2021, and it is expected to exhibit a steady revenue compound annual growth rate (CAGR) during the forecast period. High-density polyethylene (HDPE) pipe systems have been in use for over 50 years in residential and industrial water infrastructure due to their extensive applicability, longevity, sustainability, versatility, and excellent corrosion resistance. The market's revenue growth is driven mainly by the…
Ceiling Tiles Market Growth Outlook, Opportunities and Forecast 2030
Ceiling Tiles Market Overview:
The global ceiling tiles market has experienced substantial growth, with a size of USD 7.87 Billion in 2021 and is predicted to increase at a revenue CAGR of 6.6% during the forecast period. The growing demand for energy-efficient, comfortable, and sound-proof ceiling solutions is the primary factor that is expected to drive the market revenue growth. Ceiling tiles are extensively used in the construction industry for renovation…
Robust Growth Projected: Hospital Linen Supply and Management Services Market to …
The Global Hospital Linen Supply and Management Services Market size was USD 10.23 billion in 2022 and is projected to reach USD 19.13 billion by 2032, exhibiting a rapid revenue compound annual growth rate (CAGR) of 7.2% during the forecast period. The market growth is primarily driven by factors such as increasing healthcare spending, growing awareness regarding Healthcare-Associated Infections (HAIs), and rising demand for hygienic and comfortable hospital linens.
Hospital linen…
Global Emergency Medical Services (EMS) Market Expected to Reach USD 32.44 Billi …
The Emergency Medical Services (EMS) Products Market size globally was USD 22.4 Billion in 2022 and is expected to grow rapidly with a revenue CAGR of 4.2% during the forecast period. The growth in market revenue is driven by major factors such as an aging population, an increase in chronic diseases, and a rise in trauma and accident cases. EMS provides healthcare services in emergency situations when needed. It offers…
Global Breast Reconstruction Market to Reach USD 4.7 Billion by 2032 with a 7.5% …
In 2022, the global Breast Reconstruction Market was valued at USD 3.7 billion, which is projected to grow to USD 4.7 billion by 2032. This market is expected to register a revenue CAGR of 7.5% during the forecast period due to various factors such as increasing mastectomy surgeries, rising prevalence of breast cancer, and increasing awareness of breast reconstruction techniques. The use of quick breast reconstruction treatments, as well as…
Booming Hearing Aids Market: Revenue to Surge at 7% CAGR, projected to Reach USD …
The global Hearing Aids Market, valued at USD 7.49 billion in 2022, is projected to reach USD 13.77 billion by 2032, exhibiting a rapid revenue CAGR of 7%. The growth is primarily attributed to the rising prevalence of hearing loss and the growing adoption of technologically advanced hearing aid devices. The World Health Organization estimates that the number of individuals with disabling hearing loss will increase from 466 million to…
Botulinum Toxins Market Expected to Reach $18.64 Billion by 2032, with a CAGR of …
The Botulinum Toxins Market size globally was valued at USD 6.72 Billion in 2022, and it is predicted to reach USD 18.64 Billion by 2032, with a revenue CAGR of 12% during the forecast period. The growth of the market is mainly attributed to the increasing demand for less invasive cosmetic procedures, the high prevalence of neurological disorders, and the therapeutic applications of botulinum toxin.
Botulinum toxin is a neurotoxin produced…
Antimicrobial Coatings Market Growth Report, Share and Rising Demand till 2030
Antimicrobial Coatings Market Overview:
In 2021, the global market for antimicrobial coatings was valued at USD 9.02 Billion and is projected to experience a substantial revenue CAGR of 13.9% over the forecast period. The main factor driving market growth is the increasing use of antimicrobial coatings in the medical industry. Antimicrobial coatings for plastic surfaces are used in healthcare facilities, catering establishments, washrooms, and other areas to reduce the presence of…
Industrial Air Compressor Market Size is projected to reach USD 53.88 Billion by …
Industrial Air Compressor Market Overview:
During the forecast period, the global market size of industrial air compressors is expected to reach USD 53.88 billion, with a revenue CAGR of 4.4%. The market's revenue growth is being driven by the increasing demand for pneumatic tools, which are widely available and used. Pneumatic tools are more maneuverable, portable, and less prone to damage from overloading compared to electric motor-driven tools. They also have…
Global Healthcare Staffing Market to Reach USD 50.33 Billion by 2032, Driven by …
Global Healthcare Staffing Market to Reach $50.33 Billion by 2032, Fueled by Aging Population and Shortage of Professionals" The global healthcare staffing market reached a size of $35.36 billion in 2022 and is projected to grow at a rapid CAGR of 4% during the forecast period. Factors such as the aging population, shortage of healthcare professionals, improving healthcare infrastructure, and increased investments in public health are driving the growth of…
Electric Motor Market is Expected to Clock a Notable CAGR of 6.9% and Reach USD …
Electric Motor Market Overview:
The electric motor market is poised for significant growth, with a projected size of USD 224.94 Billion by 2030 and a revenue CAGR of 6.9% during the forecast period. This growth can be attributed to a variety of factors, such as increased awareness of climate change and green vehicles, greater consumption of electricity, and new innovations in household appliances and various industries.
Electric motors are commonly used in…
Pesticides Market to Reflect Tremendous Growth Potential with A CAGR of 12.1% BY …
Pesticides Market Overview:
The global market for pesticides is anticipated to attain a value of USD 291.4 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 12.1% throughout the forecast period. Factors propelling the expansion of the global pesticides market include swift advancements in agricultural technologies and practices, like intensive farming, augmented demand for enhanced land productivity from the agricultural sector, and burgeoning research and development (R&D) activities.
Pesticides are…
Global Blood Warmers Market to Reach USD 4.32 Billion by 2032 with 8% CAGR Drive …
The Blood Warmers Market is expected to experience significant growth during the forecast period. The market size was valued at USD 2.16 billion in 2022 and is projected to reach USD 4.32 billion by 2032, with a revenue CAGR of 8%. The main driving force behind the market's revenue growth is the increasing demand for safe and effective blood transfusions in healthcare facilities.
Blood transfusions are a crucial process in healthcare,…
Rubber Tapes Market Research study on Future Challenges, Growth Statistics and F …
Rubber Tapes Market Overview:
The market size of rubber tapes globally demonstrated significant strength in 2021, and it is anticipated to exhibit a rapid compound annual growth rate (CAGR) throughout the projected period. The increasing demand for rubber tapes in the electronics and aeronautic sectors are some of the contributing factors projected to fuel the market's revenue growth over the forecast period.
Rubber tapes are a type of adhesive tape that can…
Plastic Waste Management Market Will Generate All New Growth Opportunities, Proj …
Plastic Waste Management Market Overview:
In 2022, the global market size for managing plastic waste was valued at USD 25.6 billion. However, this figure is projected to increase to USD 50.19 billion by 2032, with a forecasted revenue compound annual growth rate (CAGR) of 4% during this period. The primary drivers for this growth are the escalating demand for recycled plastic products, strict government regulations regarding plastic waste management, and increasing…
Solar Energy Market Outlook, Key Players, Segmentation Analysis, Growth Factor a …
Solar Energy Market Overview:
In 2020, the global solar energy market was worth USD 76.50 billion, and it is projected to have a revenue compound annual growth rate (CAGR) of 19.9% during the forecast period. The market's growth is attributed to several factors, such as the increasing adoption of solar power systems and solutions worldwide, the growing support from energy investors and scientific establishments, the acceleration in solar power solutions to…
Global Medical Devices Cleaning Market to Witness 10% CAGR, Driven by Increasing …
The Global Medical Devices Cleaning Market size was of USD 21.45 Billion in 2022, and is expected to register a revenue CAGR of 10% during the forecast period. The healthcare industry's growing concern about Hospital-Acquired Infections (HAIs) is a significant driver of market growth. Various sectors such as hospitals, clinics, and research labs are witnessing a rise in the demand for medical device cleaning, leading to increased adoption of…
