Press Releases by Category Chemicals & Materials
Industrial Silica Market to See Rapid Expansion Over the Next Decade 2025-2032
Latest Market Overview
The global industrial silica market is poised for substantial growth, with an estimated market size of USD 14.7 billion in 2024. It is forecasted to grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2032, reflecting increasing demand for industrial silica in various applications such as glass, foundry, construction, and chemical industries. This growth trajectory is driven by the expanding industrial sector, technological advancements…
Ozokerite Wax Market Set for Exceptional Growth in the Forecast 2025-2032
Latest Market Overview
Executive Summary
The global Ozokerite Wax market is poised for significant growth between 2024 and 2032. With a market size valued at USD 1.2 billion in 2024, the industry is projected to expand at a compound annual growth rate (CAGR) of 5.8%. This growth is primarily driven by the increasing demand for high-quality wax in various end-user industries, such as cosmetics, pharmaceuticals, and the candle-making sector. As technological advancements…
PEGylated Proteins Market Size: Strong Growth Ahead (2025-2032)
Latest Market Overview
The global PEGylated proteins market is witnessing significant growth, driven by an expanding range of therapeutic applications and increasing demand for protein-based drugs. In 2024, the PEGylated proteins market is estimated to be valued at USD 7.5 billion, with forecasts projecting a robust growth trajectory through 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 8.2% during the forecast period. The rising…
Polymer Stabilizing Agent Market Poised for Tremendous Growth from 2025 to 2032
Latest Market Overview
Market Overview The global polymer stabilizing agent market is anticipated to experience robust growth from 2024 to 2032, driven by increasing demand for durable and high-performance polymers across various industries. In 2024, the market size is valued at approximately USD 3.8 billion, with projections indicating a compound annual growth rate (CAGR) of 5.3% during the forecast period. The polymer stabilizing agent market is influenced by the rising demand…
Polyphenylene Ether Alloy Market to See Rapid Expansion Over the Next Decade 202 …
Latest Market Overview
The global Polyphenylene Ether Alloy (PPE Alloy) market was valued at USD 2.9 billion in 2024 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.5% from 2024 to 2032. The market is poised for substantial growth driven by the increasing demand for high-performance engineering plastics across various industries, including automotive, electronics, and electrical applications. Polyphenylene Ether Alloys are known for their excellent heat…
Titanium Dioxide Rutile Market Set for Exceptional Growth in the Forecast 2025-2 …
Latest Market Overview
Market Overview: The global Titanium Dioxide (TiO2) Rutile market is a significant segment within the chemical and materials industry, valued at approximately USD 17.8 billion in 2024. It is projected to experience a steady compound annual growth rate (CAGR) of 4.2% from 2024 to 2032, reaching an estimated value of USD 26.5 billion by 2032. Titanium Dioxide Rutile is widely used in a variety of industries, including paints…
Agricultural Surfactants Market Business Opportunities, Challenges, Drivers and …
According to a new report published by Allied Market Research, titled, "Surfactants Market," The surfactants market was valued at $37.7 billion in 2022, and is estimated to reach $59.5 billion by 2032, growing at a CAGR of 4.7% from 2023 to 2032.
Surfactants, also known as surface-active agents, are organic chemicals with a hydrophilic and a hydrophobic end that when added to a liquid, change its properties. Surfactants can be classified,…
Clove Stem Oil Market Size: Strong Growth Ahead (2025-2032)
Latest Market Overview
The global clove stem oil market is projected to experience robust growth, with an estimated market size of USD 1.45 billion in 2024, expected to reach USD 2.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.1% during the forecast period. This growth is attributed to increasing demand across pharmaceutical, cosmetic, and food industries. Clove stem oil, known for its therapeutic properties and diverse…
Non-GMO Animal Feed Market Poised for Tremendous Growth from 2025 to 2032
Latest Market Overview
The global non-GMO animal feed market was valued at USD 12.8 billion in 2024 and is projected to reach USD 19.6 billion by 2032, registering a compound annual growth rate (CAGR) of 5.4% during the forecast period. This growth is driven by rising consumer demand for organic and sustainable agricultural practices. Increased awareness regarding the adverse effects of genetically modified organisms (GMOs) on livestock health is further propelling…
Foamed Plastic Insulation Products Market to See Rapid Expansion Over the Next D …
Latest Market Overview
The global foamed plastic insulation products market is projected to reach USD 60.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.7% from its estimated value of USD 35.4 billion in 2024. This robust growth is driven by increasing demand across the construction and automotive sectors, as well as advancements in energy-efficient technologies. The market's expansion is further fueled by a rising focus on…
Fuel Cell Catalyst Market Set for Exceptional Growth in the Forecast 2025-2032
Latest Market Overview
The global fuel cell catalyst market is projected to grow from USD 5.8 billion in 2024 to USD 9.4 billion by 2032, at a compound annual growth rate (CAGR) of 6.2% during the forecast period. The market is driven by the increasing adoption of clean energy solutions, technological advancements in fuel cell systems, and rising demand for hydrogen-powered vehicles. The need for efficient and sustainable energy sources has…
Gas Separation Membranes Market Size: Strong Growth Ahead (2025-2032)
Latest Market Overview
The global gas separation membranes market reached an estimated valuation of USD 1.3 billion in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2032, reaching USD 2.4 billion by the end of the forecast period. Key market drivers include the increasing adoption of gas separation technologies in the oil and gas sector, rising demand for biogas upgrading, and…
Milking Hose Market Set for Exceptional Growth in the Forecast 2025-2032
Latest Market Overview
The global milking liner market, valued at USD 4.1 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 6.8%, reaching USD 7.3 billion by 2032. Milking liners are critical components used in dairy farming equipment to facilitate the milking process, ensuring efficiency and hygiene during the extraction of milk. The growth of the market can be attributed to the rising demand for…
Milking Liner Market Size: Strong Growth Ahead (2025-2032)
Latest Market Overview
The global milking liner market, valued at USD 4.1 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 6.8%, reaching USD 7.3 billion by 2032. Milking liners are critical components used in dairy farming equipment to facilitate the milking process, ensuring efficiency and hygiene during the extraction of milk. The growth of the market can be attributed to the rising demand for…
Global Polystyrene Market Size, Growth, Industry Trends | Emergen Research
The global polystyrene market is projected to grow significantly, expanding from an estimated USD 9.61 Billion in 2024 to USD 10.99 Billion in 2033, at a CAGR of 1.50%, at a compound annual growth rate (CAGR) of 5.4%. This growth is attributed to increasing demand from the packaging, construction, and consumer goods industries, coupled with advancements in recycling technologies and innovations in sustainable polystyrene solutions.
Polystyrene is widely used across industries…
Epoxy Putty Market to Witness Massive Growth | Major Giants Oatey, Pratley, Mill …
HTF MI published a new business research study with the title Epoxy Putty Market Study Forecast till 2032. This Epoxy Putty market report brings data for the estimated year 2025 and forecasted till 2032 in terms of value (USD 8 BN). The Epoxy Putty report also consists of a detailed assessment of macroeconomic factors and a market outlook of the market. The study is conducted by applying both top-down and…
Oxidized Polyethylene Wax Market Gaining Momentum with Positive External Factors
The "Oxidized Polyethylene Wax Market" intelligence report, just published by USD Analytics Market, covers a micro-level study of important market niches, product offers, and sales channels. To determine market size, potential, growth trends, and competitive environment, the Oxidized Polyethylene Wax Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the…
Polystyrene Foam Market to Drive Growth with Prominent Players by 2024-2031 | Du …
The Global Polystyrene Foam Market reached US$ 27.4 billion in 2022 and is expected to reach US$ 37.8 billion by 2031, growing with a CAGR of 4.3% during the forecast period 2024-2031.
Polystyrene Foam Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its…
Bulletproof Glass Market reached USD 15.3 billion in 2022 and is expected to rea …
The Global Bulletproof Glass Market reached USD 15.3 billion in 2022 and is expected to reach USD 45.0 billion by 2031, growing with a CAGR of 16.9% during the forecast period 2024-2031.
Bulletproof Glass Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its…
High Performance Alloys Market reached USD 8.2 billion in 2022 and is expected t …
The Global High-Performance Alloys Market reached USD 8.2 billion in 2022 and is expected to reach USD 12.4 billion by 2031, growing with a CAGR of 5.4% during the forecast period 2024-2031.
High Performance Alloys Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down…
Polycarbonate Sheet Market Opportunities, Challenges, and Global Growth Forecast …
The Global Polycarbonate Sheet Market reached USD 1.6 billion in 2022 and is expected to reach USD 2.4 billion by 2031, growing with a CAGR of 5.7% during the forecast period 2024-2031.
Polycarbonate Sheet Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its…
Graphite Electrode Market is expected to reach USD 13.0 billion by 2031 growing …
The Global Graphite Electrode Market reached USD 8.1 billion in 2022 and is expected to reach USD 13.0 billion by 2031 growing with a CAGR of 6.2% during the forecast period 2024-2031.
Graphite Electrode Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its…
Expanded Polypropylene Foam Market Growth, Trends, and Forecast 2025 | JSP Corpo …
The Global Expanded Polypropylene Foam Market is estimated to reach at a CAGR of 6.4% during the forecast period 2024-2031.
Expanded Polypropylene Foam Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective…
Lithium Iron Phosphate Batteries Market reached USD 12.2 billion in 2022 and is …
The Global Lithium Iron Phosphate Batteries Market reached USD 12.2 billion in 2022 and is expected to reach USD 31.3 billion by 2031, growing with a CAGR of 12.5% during the forecast period 2024-2031.
Lithium Iron Phosphate Batteries Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the…
Firefighting Foam Market Growth, Trends, and Key Players | Global Industry Analy …
The Global Firefighting Foam Market reached USD 769.2 million in 2022 and is expected to reach USD 1.1 billion by 2031, growing with a CAGR of 4.2% during the forecast period 2024-2031.
Firefighting Foam Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its…
Molybdenum Market Intelligence Report: Potential Growth Projections Through 2024 …
The Global Molybdenum Market reached USD 8.2 billion in 2022 and is expected to reach USD 11.1 billion by 2031, growing with a CAGR of 4.0% during the forecast period 2024-2031.
Molybdenum Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics,…
Tungsten Carbide Market reached USD 20.2 billion in 2022 and is expected to reac …
The Global Tungsten Carbide Market reached USD 20.2 billion in 2022 and is expected to reach USD 34.7 billion by 2031, growing with a CAGR of 7.0% during the forecast period 2024-2031.
Tungsten Carbide Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down…
Pigment Dispersions Market Forecasted for Consistent CAGR through 2024-2031 | BA …
The Global Pigment Dispersions Market reached USD 37.7 billion in 2022 and is expected to reach USD 51.1 billion by 2030, growing with a CAGR of 3.9% during the forecast period 2024-2031
Pigment Dispersions Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its…
Octadecanedioic Acid Market Is Likely to Experience a Tremendous Growth in Near …
The "Octadecanedioic Acid Market" intelligence report, just published by USD Analytics Market, covers a micro-level study of important market niches, product offers, and sales channels. To determine market size, potential, growth trends, and competitive environment, the Octadecanedioic Acid Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featured…
Advanced Composites Market Outlook: Competitor Insights and Market Forecast Thro …
The Global Advanced Composites Market reached US$ 35.3 billion in 2022 and is expected to reach US$ 78.8 billion by 2031, growing with a CAGR of 10.6% during the forecast period 2024-2031
Advanced Composites Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its…
Elastomer Coated Fabrics Market is Forecasted to Reach US$ 11.48 billion in 2028 …
The global Elastomer Coated Fabrics Market is projected to witness a growth rate of 4.16% annually from 2023 to 2028, with an anticipated size of US$ 11.48 billion in 2028, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global Elastomer Coated Fabrics Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging…
Recycled Polyethylene Market is expected to Observe Considerable Growth Opportun …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Recycled Polyethylene Market Size, Share & Trends Analysis Report By [HDPE], and Others), By Grade (Injection, Food), By Application (Bottles & Containers, Films & Sheets, Bags & Sacks, Pipes & Fittings), By End-use, Region, Market Outlook And Industry Analysis 2031"
The global recycled polyethylene market is estimated to reach over USD 34.07 billion by 2031, exhibiting…
Roofing Membrane Market Revenues Anticipated to Increase Significantly Due to Hi …
The Global Roofing Membranes Market size reached US$ 16.1 billion in 2022 and is expected to reach US$ 26.8 billion by 2031. The market is growing at a CAGR of 9.4% during the forecast period 2024-2031.
Roofing Membrane Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the…
Semiconductor Manufacturing Equipment Market to Continue Impressive Measured Gro …
The global semiconductor manufacturing equipment market reached at a CAGR of 9.5% during the forecast period (2024-2031).
Semiconductor Manufacturing Equipment Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could…
Polyolefin Foam Market Trade Analysis and Statistical Forecast (2024-2031) | Kan …
Global Polyolefin Foam Market reached USD 7.4 billion in 2022 and is expected to reach USD 11.1 billion by 2031, growing with a CAGR of 5.3% during the forecast period 2024-2031.
Polyolefin Foam Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate…
Acetonitrile Market is anticipated to reach USD 430 million by 2031- INEOS, Impe …
The Acetonitrile Market is anticipated to reach USD 430 million by 2031 from USD 220 million in 2022, at a CAGR of 4.7% during the forecast period 2024-2031.
Acetonitrile Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional…
Caprolactam Market Trends, Opportunities, and Forecasts 2024 to 2031 | Advansix …
Caprolactam Market analysis, according to DataM Intelligence, offers more than just an overview; it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
Will the Caprolactam market emerge as the sector's next great thing? To…
Caustic Soda Market reached USD 45.0 billion in 2022 and is expected to reach US …
The global caustic soda market size reached USD 45.0 billion in 2022 and is expected to reach USD 58.9 billion by 2031 growing with a CAGR of 3.4% during the forecast period 2024-2031.
Caustic Soda Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down…
Additive Manufacturing Market Will Accelerate Rapidly with Excellent Future CAGR …
The Global Additive Manufacturing Market reached USD 14 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 62 billion by 2031. The market is growing at a CAGR of 24.5% during the forecast period 2024-2031
Additive Manufacturing Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores…
Polybutylene Terephthalate (PBT) Global Market Report 2025: Key Drivers, Market …
Striking Growth Expected in the Global Polybutylene Terephthalate Market with a projected CAGR of 5.5% by 2025, driven by increased adoption in new industries and a strong focus on lightweight materials.
What Is The Projected Market Size Of The Global Polybutylene Terephthalate (PBT) Global Market Report 2025 And Its Growth Rate?
• The PBT market size, which has seen strong growth in recent years, is projected to expand from $2.5 billion…
Oligonucleotide Synthesis Market to Soar at 14.87% CAGR, Projected to Reach US$ …
𝐎𝐥𝐢𝐠𝐨𝐧𝐮𝐜𝐥𝐞𝐨𝐭𝐢𝐝𝐞 𝐒𝐲𝐧𝐭𝐡𝐞𝐬𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐭 𝐟𝐨𝐫 𝐑𝐨𝐛𝐮𝐬𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
The global oligonucleotide synthesis market is experiencing significant expansion, with projections indicating a rise from USD 6.60 billion in 2023 to USD 17.43 billion by 2030, reflecting a compound annual growth rate (CAGR) of 14.87%. This growth is driven by increasing applications in therapeutics, research, and diagnostics, alongside advancements in biotechnology and pharmaceutical sectors.
𝐅𝐨𝐫 𝐚 𝐪𝐮𝐢𝐜𝐤 𝐨𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞: https://www.maximizemarketresearch.com/request-sample/31248/
𝐌𝐚𝐫𝐤𝐞𝐭…
Polybutylene Terephthalate (PBT) Global Market Report 2025: Key Drivers, Market …
Striking Growth Expected in the Global Polybutylene Terephthalate Market with a projected CAGR of 5.5% by 2025, driven by increased adoption in new industries and a strong focus on lightweight materials.
What Is The Projected Market Size Of The Global Polybutylene Terephthalate (PBT) Global Market Report 2025 And Its Growth Rate?
• The PBT market size, which has seen strong growth in recent years, is projected to expand from $2.5 billion…
Acetophenone Market See Incredible Growth 2024-2031 | Haicheng Liqi Carbon, Zhon …
The Latest Report, titled "Acetophenone Market" includes a detailed analysis of current market conditions, market players, regions, types, applications, Opportunity and Forecast 2024-2031. The report provides a detailed assessment of growth factors, market definitions, manufacturers, market potential, and influential trends to understand the future demand and outlook for the industry. The research report covers key players in the industry, CAGR values, market momentum, constraints, and competitive strategies around the world…
Benzene Market 2024: Segmentation Trends, Industry Size, Growth, Regional Opport …
The Global Benzene Market reached USD 64 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 81 billion by 2031. The market is growing at a CAGR of 3.0% during the forecast period 2024-2031.
Benzene Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the…
Polyglycolic Acid Global Market Report 2025: Market Size Forecasts and Growth Dr …
Projected to reach $8.64 billion in 2029, growth in the Polyglycolic Acid market is attributed to expanding bioplastics market, increasing demand in packaging industry, and medical device innovations.
What Is The Projected Market Size Of The Global Polyglycolic Acid Global Market Report 2025 And Its Growth Rate?
• The market size for polyglycolic acid has seen rapid growth and will grow from $5.22 billion in 2024 to $5.75 billion in 2025 at…
OEM Insulation Global Market Report 2025: Projected Reach of $23.1 billion in 20 …
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Surge in Growth with Potential Reach to $23.1 billion, Fuelled by Industrial Expansion, Energy Efficiency Regulations, and Global Push for Renewable Energy
What Is The Projected Market Size Of The Global OEM Insulation Market And Its Growth Rate?
The global OEM Insulation market shows a promising growth trajectory.
•In 2024, the market size stood at $21.81 billion.
•It is projected to grow to $23.1 billion in 2025, marking a 5.9% CAGR.
•The market is further…
Rare Earth Magnet Market Current Scenario with Future Trends Analysis to 2031
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Rare Earth Magnet Market- (By Type (Neodymium-Iron-Boron Magnet (NdFeB), Samarium Cobalt Magnet (SmCo)), Product (Countersunk Magnets, Circular Disc Magnets, Hook & Eyebolt Magnets, Cylindrical Rod Magnets, Circular Ring Magnets, Rectangular, Self-Adhesive, Pot & Clamping Magnets), Application (Automotive Industry, Food & Drink Processing, Aerospace Industry, Renewable Energy, Consumer Electronics, Deep Sea Exploration, Others)), Trends, Industry Competition…
Lithium-ion Battery Market Growth Anticipated at US$ 178.6 Billion by 2031 | Per …
Introduction
The Lithium-ion (Li-ion) battery market has witnessed explosive growth over the past decade, emerging as a cornerstone technology across industries such as automotive, electronics, and renewable energy. Known for their high energy density, lightweight design, and long lifecycle, Lithium-ion batteries are indispensable in the transition toward sustainable energy systems.
This report examines the key growth drivers, market dynamics, trends, and challenges shaping the global Lithium-ion battery market. With projections estimating the…
Thriving Global Leather Chemicals Market Projected to Grow from $9.38 Billion in …
A Look at The Increasing Demand for High-Quality Leather Products and Predicted Market Trends
What Is The Projected Market Size Of The Global Leather Chemicals Market And Its Growth Rate?
• The market has shown strong growth patterns, increasing from $9.38 billion in 2024 to predicted $9.96 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%.
• Factors contributing to this growth include growing leather goods industry, trends…
Marine Lithium-ion Battery Market Growth Forecasted to US$ 1,096.40 Million by 2 …
Introduction
The marine lithium-ion battery market is poised for significant growth, driven by the increasing adoption of clean energy solutions and the global push to reduce emissions in the marine industry. As the maritime sector transitions from traditional power sources to sustainable alternatives, lithium-ion batteries have emerged as a preferred choice for powering ships, submarines, yachts, and other marine vessels.
Lithium-ion batteries are valued for their superior energy efficiency, longer lifespan, and…
