The global surface disinfectant market was valued at USD 5.85 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2030. This growth is driven by several factors, including evolving lifestyles in developing economies and increasing awareness among livestock farmers about animal diseases and the importance of disinfection practices on...
The global fiber optics market was valued at USD 8.76 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.9% from 2023 to 2030. Fiber optics technology represents a significant advancement in modern communication systems, developed through extensive research and studies conducted by scientists and researchers around the world. The technology continues...
The global pharmaceutical packaging market was valued at USD 139.37 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. A key driver of this growth is the substantial expansion of the pharmaceutical sector itself. In recent years, the pharmaceutical industry has experienced rapid growth, fueled by continuous advancements in...
The global industrial vending machine market was valued at USD 3.01 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.8% from 2023 to 2030. The increasing demand for industrial vending machines can primarily be attributed to the growing trend toward lean manufacturing practices. As businesses continue to focus on eliminating waste and enhancing...
The global permanent magnets market was valued at USD 22.18 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2030. One of the key factors driving this growth is the increasing focus on renewable energy sources, such as wind and solar energy. Permanent magnets play a crucial role in enhancing the efficiency of wind turbine...
The global Field Service Management (FSM) market was valued at USD 4.43 billion in 2022 and is projected to grow at a significant compound annual growth rate (CAGR) of 13.3% from 2023 to 2030. This growth is primarily driven by the increasing number of field operations across various industries such as telecom, oil & gas, construction, and energy & utilities. Additionally, the...
The global Continuous Renal Replacement Therapy market was valued at USD 1,356.7 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030. Several factors are driving this growth, including the increasing incidence of acute kidney injury (AKI), the rising number of sepsis cases, an expansion in the number of hospitals and urgent...
The global post-consumer recycled plastics market was valued at approximately USD 10.66 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2030. This market expansion is primarily driven by the increasing sustainability initiatives adopted by food and beverage as well as packaging companies, which are making efforts to integrate...
The global life science analytics market was valued at USD 9.0 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.6% from 2023 to 2030. This growth is driven by the increasing adoption of analytics within the life science industry, which is becoming increasingly reliant on various types of data analysis to improve research, operations, and clinical...
The global astaxanthin market was valued at USD 2.34 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is largely driven by the increasing demand for astaxanthin across various sectors, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages.
Astaxanthin is a...
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