Press Releases by Category Chemicals & Materials
United States Computational Fluid Dynamics Market Size, Share, Growth & Forecast …
Market Overview 2025-2033
The United States computational fluid dynamics market size reached USD 957.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,679.8 Million by 2033, exhibiting a growth rate (CAGR) of 6.45% during 2025-2033. The United States Computational Fluid Dynamics (CFD) market is witnessing significant expansion, propelled by advancements in simulation technology, increasing demand for high-performance computing, and a growing emphasis on energy efficiency.
Key trends…
Global Petrochemicals Market Anticipated to Surge to $721.1 Bn by 2031, Driven b …
The global petrochemicals market, valued at US$ 501.2 billion in 2022, is poised for steady growth, with projections estimating it will reach US$ 721.1 billion by 2031, driven by a compound annual growth rate (CAGR) of 4.3% from 2023 to 2031. Petrochemicals, derived from petroleum or natural gas, are essential building blocks for products like plastics, fertilizers, chemicals, and textiles. This article explores the market dynamics, key drivers, challenges, and…
Body Lotions Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
The Body Lotions Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Body Lotions Market Size During the Forecast Period?
The body lotions market has expanded quickly, growing from $78.94 billion in 2024 to $88.12 billion in 2025 with a CAGR of 11.6%,…
Electrical Steel Market to Reach USD 88.9 Billion by 2035, Driven by 6.3% CAGR a …
The global electrical steel market is expected to reach a valuation of approximately USD 47,779.1 million in 2025 and is projected to grow significantly, surpassing USD 88,959.6 million by 2035. This growth, driven by increasing demand in industries such as automotive, energy, and manufacturing, is forecasted at a robust CAGR of 6.3% during the period.
Electrical steel, also known as silicon steel, is a specialized steel product used predominantly in the…
Medical Grade Polyolefin Market Will Expected to Surge to $5.5 Bn by 2031, Fuele …
The global medical grade polyolefin market, valued at US$ 3.1 billion in 2022, is poised for robust growth, with projections estimating it will reach US$ 5.5 billion by 2031, driven by a compound annual growth rate (CAGR) of 6.5% from 2023 to 2031. Medical grade polyolefins, including polyethylene (PE) and polypropylene (PP), are widely used in healthcare applications such as medical packaging, devices, and implants due to their biocompatibility, durability,…
Increasing Use Of Styrene In Benzene-Petrochemicals Market: Key Factor Driving T …
The Benzene-Petrochemicals Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Benzene-Petrochemicals Market Size During the Forecast Period?
The benzene-petrochemicals market has expanded steadily, moving from $75.38 billion in 2024 to $77.98 billion in 2025 at a CAGR of 3.4%, driven by rising…
Welding Equipment Market 2025 | Opportunities, Top Manufacturers | Most Leading …
The Global Welding Equipment Market is expected to grow at a CAGR of 6.3% during the forecast period (2024-2031).
The Welding Equipment Market report, released by DataM Intelligence, offers comprehensive insights and thorough analysis of major market trends, growth prospects, and emerging challenges. With a strong focus on actionable intelligence, DataM Intelligence equips businesses with the knowledge needed to make strategic decisions and maintain a competitive advantage. Utilizing a blend of…
Magnesium Oxide Market to Reach USD 8.3 Billion by 2033, Driven by Industrial Gr …
The global magnesium oxide market is poised for significant growth over the assessment period, with demand projected to rise at a compound annual growth rate (CAGR) of 6.6%. This upward trajectory is driven by increasing applications across industries such as construction, agriculture, refractories, and environmental protection. As a result, the total market valuation is anticipated to reach USD 8,310.7 million by 2033, reflecting strong market fundamentals and growing adoption of…
Advanced Materials Market for Nuclear Fusion Technology to Expand by 2031, Fuele …
The global advanced materials market for nuclear fusion technology, though niche, is poised for steady growth, with its valuation projected to double from US$ 0.4 million in 2021 to US$ 0.8 million by 2031, driven by a compound annual growth rate (CAGR) of 7.3% from 2022 to 2031. Advanced materials, such as high-temperature superconductors, plasma-facing materials, and neutron-resistant alloys, are critical for enabling nuclear fusion-a clean, virtually limitless energy source.…
Textile Flooring Market Expected to Soar to USD 17.9 Billion by 2035, Driven by …
The global textile flooring market is poised for steady growth, with demand expected to reach USD 10.7 billion in 2025. Driven by factors such as rising urbanization, increasing construction activities, and growing preference for soft, durable, and aesthetic floor coverings in residential and commercial spaces, the market is projected to expand at a CAGR of 5.2%. By 2035, the textile flooring sector is anticipated to attain a valuation of USD…
Zinc Rich Primer Market Size Forecasted To Achieve $1.87 Billion By 2029 With St …
The Zinc Rich Primer Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Zinc Rich Primer Market Size and Projected Growth Rate?
The zinc-rich primer market will grow from $1.38 billion in 2024 to $1.47 billion in 2025 at a compound annual growth rate…
Global Water-Based Laminating Adhesives Market Outlook 2025-2034: Trends, Innova …
The Water-Based Laminating Adhesives Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Water-Based Laminating Adhesives Market Size and Projected Growth Rate?
The water-based laminating adhesives market will grow from $3.02 billion in 2024 to $3.37 billion in 2025 at a compound annual growth…
Magnesium Hydroxide Market to Reach USD 2,601.8 Million by 2034, Driven by Risin …
The global magnesium hydroxide market is projected to reach USD 1,421.6 million in 2024 and is expected to grow at a CAGR of 6.2% over the forecast period, reaching a valuation of USD 2,601.8 million by 2034. This growth is driven by increasing applications in flame retardants, wastewater treatment, pharmaceuticals, and environmental protection. Rising demand for eco-friendly and non-toxic flame retardants, coupled with stringent environmental regulations, is fueling market expansion.
Magnesium…
Zinc Rich Primer Market Size Forecasted To Achieve $1.87 Billion By 2029 With St …
The Zinc Rich Primer Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Zinc Rich Primer Market Size and Projected Growth Rate?
The zinc-rich primer market will grow from $1.38 billion in 2024 to $1.47 billion in 2025 at a compound annual growth rate…
Global Water-Based Laminating Adhesives Market Outlook 2025-2034: Trends, Innova …
The Water-Based Laminating Adhesives Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Water-Based Laminating Adhesives Market Size and Projected Growth Rate?
The water-based laminating adhesives market will grow from $3.02 billion in 2024 to $3.37 billion in 2025 at a compound annual growth…
United States Biodiesel Market Size, Growth & Trends Forecast 2025-2033
Market Overview 2025-2033
The United States biodiesel market size reached USD 15.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 23.7 Billion by 2033, exhibiting a growth rate (CAGR) of 4.81% during 2025-2033. The United States biodiesel market is witnessing significant expansion, fueled by growing environmental concerns, government incentives, and advancements in production technologies.
Key trends include the rising adoption of renewable energy sources and the increasing…
Vinyl Ester Innovations Reshaping the Chemical and Construction Sectors - Major …
Vinyl Ester market to grow at a CAGR of 5% during the forecast period 2024-2031.
The Vinyl Ester Market is extensively analyzed in the latest study by DataM Intelligence, delivering a well-rounded assessment backed by reliable statistics, historical data, and strategic insights. This report profiles leading industry players, examining their product offerings, pricing strategies, financial health, and growth initiatives. It offers a clear perspective on market dynamics, competitive landscape, and emerging…
Automotive Coolant Market Outlook: Innovations and Key Drivers - Major Companies …
Automotive Coolant Market is valued at a significant CAGR during the forecast period (2024-2031).
The Automotive Coolant Market is extensively analyzed in the latest study by DataM Intelligence, delivering a well-rounded assessment backed by reliable statistics, historical data, and strategic insights. This report profiles leading industry players, examining their product offerings, pricing strategies, financial health, and growth initiatives. It offers a clear perspective on market dynamics, competitive landscape, and emerging trends…
Potassium Formate Market: The Critical Role in Sub-Zero Drilling Fluids and High …
The potassium formate, a lesser-known organic salt derived from formic acid and potassium hydroxide, is most often associated with its application as a de-icing agent and in oil & gas drilling fluids. However, beneath these common uses lies a strategically important and increasingly indispensable role in extreme cold environments, particularly in sub-zero geothermal drilling and high-density liquid cooling systems used in advanced data centers and industrial heat exchangers.
This underexplored segment…
[Latest] North America Plastic Caps And Closures Market 2025: Opportunities, Tre …
North America Plastic Caps and Closures Market: Outlook and Investment Analysis
The North America plastic caps and closures market is experiencing steady growth, driven by rising demand from industries such as beverages, personal care, pharmaceuticals, and household products. Factors such as increased consumption of packaged goods, demand for lightweight and recyclable packaging, and advancements in closure technology contribute to the market's positive trajectory. The U.S. leads the regional market due to…
Conductive Fiber Market Size to Reach USD 6767.3 million by 2034 Driven by Deman …
The conductive fiber market size is on an impressive growth trajectory, reflecting the increasing importance of technology-integrated textiles and smart materials. In 2024, the market size is projected to be USD 2,259.6 million, and by 2034, it is expected to reach USD 6,767.3 million, marking a significant rise in demand across various applications. This surge represents a CAGR of 11.6% from 2024 to 2034.
Conductive fibers are specialized materials engineered to…
Biomass Pellets Market Expands from Energy Fuel to Carbon-Negative Construction
The global energy transition is often framed around renewable electricity and sustainable fuels, and the Biomass Pellets Market has long played a supporting role in this conversation. Biomass pellets, typically derived from compressed organic matter such as wood residues, agricultural byproducts, or forestry waste, are best known for their use in heating and power generation. However, a lesser-known and increasingly significant application is now taking shape in the realm of…
Hidden Influence of Climate and Terrain on Two-Wheeler Lubricant Formulations: A …
The global two-wheeler lubricants market is often discussed through the lens of pricing trends, synthetic versus mineral oil preferences, or competitive brand strategies. However, a lesser-explored but equally critical aspect lies in how regional climate conditions and geographical terrain significantly influence the formulation, performance, and adoption of two-wheeler lubricants. As climate zones become more erratic and commuting routes more diverse, these environmental factors are quietly shaping the market dynamics and…
Global Networked Polymers Industry to Reach US$ 182.7 Mn by 2031 on 12.5% CAGR G …
The global networked polymers market was valued at US$ 63.3 Mn in 2022 and is projected to expand significantly, reaching US$ 182.7 Mn by 2031. This robust growth is underpinned by a compound annual growth rate (CAGR) of 12.5% from 2023 to 2031. Networked polymers, known for their mechanical strength, durability, and chemical resistance, are rapidly gaining traction across diverse industries including automotive, aerospace, healthcare, and electronics.
According to industry analysts,…
Global Coated Abrasives Market to Expand from US$ 13.2 Bn in 2022 to US$ 23.2 Bn …
The global coated abrasives market, valued at US$ 13.2 Bn in 2022, is projected to witness robust growth, reaching US$ 23.2 Bn by 2031. The market is expected to expand at a CAGR of 6.7% from 2023 to 2031, fueled by growing demand across woodworking, automotive, metal fabrication, and construction sectors. Coated abrasives abrasive grains bonded to flexible backings like paper, cloth, or fiber play a critical role in grinding,…
Superabsorbent Polymers (SAP) Market in Ice Packs for Food Transportation to Rea …
The global Superabsorbent Polymer (SAP) Market for Ice Packs in Food Transportation is poised for significant expansion. According to the latest market research, the industry was valued at US$ 23.6 Mn in 2022 and is projected to grow at a CAGR of 6.0% from 2023 to 2031, reaching approximately US$ 40.0 Mn by the end of the forecast period.
Market Overview: Superabsorbent polymers are gaining traction across the cold chain logistics…
3D Printing Powder Market Set to Reach US$ 5.8 Billion by 2028, Reports Stratvie …
Stratview Research, a leading global market research firm, forecasts that the global 3D Printing Powder market will grow at an annual rate of 27.1%, reaching US$ 5.8 billion by 2028. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/853/3d-printing-powder-market.html#form
Key Report Highlights:
• Market Size by 2028: US$ 5.8 billion
• Growth Rate…
Agricultural Coatings Market Fast growth at a highest CAGR to forecast period by …
The Agricultural Coatings Market 2031 that centers around Agricultural Coatings market examines the significant components with a top to bottom methodology and empowers the client to survey the drawn-out based interest additionally predicts explicit executions. This report gives subjective investigation, clarifying item scope and expounding industry experiences and standpoint.
To Get Sample Copy of Report, Click Here - https://www.theinsightpartners.com/sample/TIPRE00040470/?utm_source=OpenPR&utm_medium=10752 …
Global Concrete Restoration Demand to Rise on Aging Structures; Market to Hit US …
The global concrete restoration market, valued at US$ 12.9 Bn in 2022, is poised for robust growth, projected to reach US$ 23.1 Bn by 2031. According to market analysts, the industry is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2031, driven by aging infrastructure, sustainability imperatives, and the need to extend the lifespan of existing buildings.
Market Overview: Concrete restoration encompasses repairing, strengthening,…
2,3-Butanediol Market Outlook 2023-2031 Steady Growth Projected to $363.9 Millio …
The global 2,3-Butanediol market was valued at USD 270.4 million in 2022 and is projected to reach USD 363.9 million by 2031. The market is expected to grow at a compound annual growth rate (CAGR) of 3.5% between 2023 and 2031, driven by increasing demand across various industrial applications.
Expansion in textile sector and increase in utilization of sustainable and eco-friendly fertilizers are bolstering the 2,3-butanediol market size. 2,3-butanediol is primarily…
United States Waterproofing Market Trends, Growth, Forecast & Competitive Analys …
The United States waterproofing market has emerged as a critical segment of the construction and infrastructure industry. Waterproofing solutions are essential for protecting structures from water intrusion, thereby extending their lifespan and maintaining structural integrity. As urbanization and infrastructure investments continue to grow, the demand for effective waterproofing technologies has significantly risen.
Waterproofing applications span across various sectors, including residential, commercial, industrial, and civil engineering projects. The growing need for…
Aroma Chemicals Market Outlook 2024-2034: Steady Growth Expected with USD 11.8 B …
The global aroma chemicals market was valued at USD 6.6 billion in 2023 and is projected to reach USD 11.8 billion by 2034. This growth is driven by a steady compound annual growth rate (CAGR) of 5.4% from 2024 to 2034, reflecting increasing demand across various industries such as personal care, cosmetics, and food & beverages.
Manufacturers are investing in research & development activities to launch sustainable alternatives of aroma chemicals,…
Plant Extract Market to Reach US$ 106.6 Billion by 2034, Driven by Natural Produ …
The global plant extract market was valued at US$ 35.8 billion in 2023 and is projected to reach US$ 106.6 billion by 2034, growing at a robust CAGR of 10.5% from 2024 to 2034. This growth is driven by increasing consumer demand for natural and clean-label products across the food, pharmaceutical, and cosmetic industries, as well as rising awareness about the health benefits of plant-based ingredients.
Emerging markets in Asia Pacific…
Ion Exchange Membrane Market to Double by 2034, Reaching USD 2.5 Billion
The global ion exchange membrane market was valued at USD 1.3 billion in 2023 and is projected to reach USD 2.5 billion by 2034, growing at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2034. This growth is driven by increasing demand for clean energy solutions, water treatment technologies, and advancements in electrochemical applications across industries such as power generation, pharmaceuticals, and food processing.
Expansion in oil &…
Carbonyl Nickel Powder Market to Reach USD 1.6 Billion by 2034, Driven by Indust …
The global carbonyl nickel powder market was valued at USD 926.0 million in 2023 and is projected to reach USD 1.6 billion by 2034, expanding at a CAGR of 5.4% from 2024 to 2034. This growth is driven by rising demand across various industries such as electronics, automotive, and aerospace, where carbonyl nickel powder is used for its high purity and excellent sintering properties. Technological advancements and increasing applications in…
Acetylene Gas Market Growth 2025 | Trends, Demand, Price Analysis & Forecast | T …
The Global Acetylene Gas Market is expected to grow at a significant CAGR during the forecasting period (2024-2031).
Acetylene Gas Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
Unlock exclusive insights with our detailed sample report (Please enter your…
Garment Interlining Market Report 2025-2034: Industry Overview, Trends, And Fore …
The Garment Interlining Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Garment Interlining Market Size and Its Estimated Growth Rate?
The garment interlining market size has grown strongly in recent years. It will grow from $3.46 billion in 2024 to $3.65 billion…
Furniture Logistics Market Anticipated To Witness Robust Growth, Surpassing $147 …
The Furniture Logistics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Furniture Logistics Market Size and Its Estimated Growth Rate?
The furniture logistics market size has grown strongly in recent years. It will grow from $108.66 billion in 2024 to $115.91 billion…
Increasing Consumption Of Cosmetic Products Boosts Growth In Eye Cosmetic Packag …
The Eye Cosmetic Packaging Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Eye Cosmetic Packaging Market Size During the Forecast Period?
The eye cosmetic packaging market size has grown from $14.76 billion in 2024 to $15.79 billion in 2025, with a CAGR…
Event Stream Processing Industry Report 2025-2034: Market Dynamics, Trends, And …
The Event Stream Processing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Event Stream Processing Market Size During the Forecast Period?
The event stream processing market size will rise from $1.45 billion in 2024 to $1.72 billion in 2025 at a CAGR…
Growing Building And Construction Industry Fuels Growth Of Epoxy Coating Market: …
The Epoxy Coating Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Epoxy Coating Market Size During the Forecast Period?
The epoxy coating market has seen strong and steady growth. It is expected to grow from $36.52 billion in 2024 to $38.68 billion…
Fire Department Software Market Report 2025-2034: Industry Overview, Trends, And …
The Fire Department Software Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Fire Department Software Market Size and Its Estimated Growth Rate?
The fire department software market size has grown from $2.61 billion in 2024 to $2.92 billion in 2025, with a…
Exercise Band Market Report 2025-2034: Industry Overview, Trends, And Forecast A …
The Exercise Band Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Exercise Band Market Size and Its Estimated Growth Rate?
The exercise band market size has grown from $1.52 billion in 2024 to $1.8 billion in 2025, with a CAGR of 18.8%.…
Increasing Prevalence Of Lower Back Pain Boosts Demand For Ergonomic Chairs: A K …
The Ergonomic Chair Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Ergonomic Chair Market Size and Its Estimated Growth Rate?
The ergonomic chair market size will grow from $10.7 billion in 2024 to $11.59 billion in 2025 at a CAGR of 8.4%.…
Powder Coating Market 2025 | Growth Trends, Applications, Industry Size & Foreca …
Powder Coating Market is expected to grow at a CAGR of 6.0% during the forecast period (2024 - 2031).
Powder Coating Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
Unlock exclusive insights with our detailed sample report (Please enter…
Carbon Dioxide Laser Therapy Machine Market Future Business Scope Analysis Repor …
" The global market for Carbon Dioxide Laser Therapy Machines is valued at approximately $1.2 billion in 2024, with projections indicating it could reach around $2.5 billion by 2034. This growth trajectory represents a Compound Annual Growth Rate (CAGR) of roughly 8.1% from 2025 to 2034. "
Exactitude Consultancy., Ltd. released a research report titled "Carbon Dioxide Laser Therapy Machine Market". This report covers the global Carbon Dioxide Laser Therapy Machine…
Construction Adhesives Market to Reach USD 17.68 Billion by 2034, Growing at a C …
Construction Adhesives Market
The construction adhesives market was valued at USD 10.98 billion in 2024. The market is projected to grow to USD 17.68 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 4.9% during 2025-2034.
Market Overview
Construction adhesives are specialized bonding agents used to join materials in building and construction projects. These adhesives provide strong, durable, and long-lasting adhesion. They are formulated to bond a wide range…
PBO Fiber Market Set to Reach 223.5 Million by 2030, Reports Stratview Research
Stratview Research, a leading global market research firm, forecasts that the global PBO fiber market will grow at an annual rate of 3.3%, reaching 223.5 million by 2030. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.
Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/4158/pbo-fiber-market.html#form
Key Report Highlights:
• Market Size by 2030: 223.5 million
• Growth Rate (CAGR): 3.3% (2025-2030)
• Forecast…
Textile Dyes Market Outlook (2025-2034): Trends, Growth and Sustainability Revol …
The global textile dyes market reached approximately USD 10.13 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 6.10% from 2025 to 2034, reaching nearly USD 18.31 billion by 2034. This growth is driven by the increasing demand for colored textiles and fibers, as well as significant investments in plant-based research and development. The market is characterized by a shift towards sustainable and…
Direct Reduced Iron (DRI) Market Booms to USD 164 Billion by 2033: A 9.04% CAGR …
As of 2024, the global Direct Reduced Iron (DRI) market is valued at approximately USD 74.27 billion and is projected to reach around USD 164 billion by 2033, growing at a compound annual growth rate (CAGR) of 9.04% from 2025 to 2033.
Request a sample copy of this report at: https://www.omrglobal.com/request-sample/direct-reduced-iron-dri-market
Direct Reduced Iron (DRI) Market Overview:
The Direct Reduced Iron (DRI) market is experiencing significant growth, driven by the increasing demand…