Press Releases from FactMR (1047 total)
Global Microcrystalline Wax Market Poised to Surpass US$ 1.9 Billion by 2032
The global microcrystalline wax market is estimated at around US$ 1.3 Billion in 2022. With a projected CAGR of 4% for the next ten years, the market is likely to reach a valuation of approximately US$ 1.9 Billion by the end of 2032.
Microcrystalline wax, a versatile hydrocarbon derived from petroleum refining, has found its way into various industries, owing to its unique properties and diverse applications. From cosmetics to adhesives,…
Pigments Market Set to Reach US$ 67.4 Billion by 2033
Based on the analysis by Fact.MR, the global pigments market is valued to be US$ 39.8 billion in 2023 and it is anticipated to grow at a CAGR of 5.4% to reach US$ 67.4 billion by the end of 2033.
Pigments play a pivotal role in various industries, including paints and coatings, plastics, printing inks, textiles, cosmetics, and more. These colored substances are essential for imparting color, opacity, and other desirable…
Muscle Stimulators Market: Set to Reach US$ 1.85 Billion by 2032 with a 5.4% CAG …
Expanding at a CAGR of 5.4%, the global muscle stimulators market is slated to increase from a valuation of US$ 1.1 billion in 2022 to US$ 1.85 billion by 2032. Sales of transcutaneous electrical nerve stimulation devices are forecasted to increase the fastest at a CAGR of 6% due to the increasing number of sports injuries and rising incidence of rheumatoid arthritis.
The muscle stimulators market has witnessed remarkable growth in…
Factory Robot Market: Surging from US$ 12.4 Billion in 2023 to US$ 25.7 Billion …
The estimated value of the global factory robot market is US$ 12,369.3 million in 2023, and it is projected to grow at a CAGR of 7.6% to US$ 25,731.6 million by the end of 2033.
The use of factory robots has become a revolutionary force in the evolving landscape of contemporary industries, significantly altering how items are produced, put together, and dispersed. Industrial robots, which are a subset of factory robots,…
Electrical Steel Market Surpasses US$ 25.9 Billion in 2022, Anticipated CAGR of …
The global electrical steel market size was valued at US$ 25.9 billion in 2022 and expected to grow at a CAGR of 8.5% to reach US$ 55.1 billion by the end of 2032.
Electrical steel, also known as silicon steel or transformer steel, plays a pivotal role in the energy sector as a core material in the manufacturing of electrical equipment and transformers. Its unique magnetic properties make it indispensable in…
Super Absorbent Polymers Market: Steady Growth at 3.5% CAGR, Valued Over US$ 6 B …
The global super absorbent polymers market saw steady growth at 3.5% CAGR over the past half-decade and is set to be valued over US$ 6 Billion in 2022.
Superabsorbent polymers (SAPs) have emerged as a crucial component in various industries, offering unmatched water-absorbing capabilities. These polymers have gained prominence for their ability to absorb and retain large amounts of water, making them valuable in applications ranging from personal care products to…
Liquid Crystal Polymer (LCP) Market: Projected Growth to US$ 2.3 Billion by 2033
A valuation of US$ 1.4 billion is anticipated for the global liquid crystal polymer (LCP) market in 2023, and it is projected to rise at a CAGR of 5.1% to reach US$ 2.3 billion by the end of 2033.
The market for liquid crystal polymers (LCP) has grown significantly over the past several years as a result of the rising need for high-performance materials across a variety of sectors, including electronics,…
Solid-State Battery Market: Growth to US$ 1,497.1 Million by 2033
The global solid-state battery market is estimated to be valued at US$ 121.0 million in 2023 and to grow at a CAGR of 28.6% to reach a valuation of US$ 1,497.1 million by the end of 2033.
In the quest for sustainable energy solutions, solid-state batteries have emerged as a promising technology with the potential to revolutionize energy storage markets. Unlike traditional lithium-ion batteries, solid-state batteries employ solid electrolytes, offering numerous…
Offshore Support Vessel Service Market Poised to Double by 2034
The global offshore support vessel service market size is set to account for a valuation of US$ 14.35 billion in 2024 and forecasted to reach US$ 29.03 billion by 2034-end, expanding at a robust 7.3% CAGR between 2024 and 2034.
Offshore Support Vessels (OSVs) stand as the backbone of the global offshore energy industry, facilitating crucial operations for oil and gas exploration, construction, maintenance, and logistics. As the industry continually evolves…
Bone Marrow Transplantation Market to Reach US$ 16 Billion by 2034
The global bone marrow transplantation market size is set to account for a valuation of US$ 11.17 billion in 2024 and is projected to expand at 3.7% CAGR through 2034. As a result, worldwide revenue from bone marrow transplantation is projected reach US$ 16 billion by 2034-end.
In the realm of modern medicine, bone marrow transplantation stands as a beacon of hope for patients grappling with life-threatening blood disorders, cancers, and…
Factory Robot Market Soars to $12.4 Billion in 2023, Expected to Double by 2033 …
The estimated value of the global factory robot market(工場用ロボット市場) is US$ 12,369.3 million in 2023, and it is projected to grow at a CAGR of 7.6% to US$ 25,731.6 million by the end of 2033.
The use of factory robots has become a revolutionary force in the evolving landscape of contemporary industries, significantly altering how items are produced, put together, and dispersed. Industrial robots, which are a subset of factory robots,…
Hydrogen Vehicles Market: Surpassing $46 Billion in 2023 with a Projected 30.8% …
According to Fact.MR, a provider of market research and competitive intelligence, the global hydrogen vehicles market stands at US$ 46.11 billion in 2023. Worldwide demand for hydrogen vehicles is forecasted to increase at a CAGR of 30.8% from 2023 to 2033.
Rising awareness of the adverse environmental effects of conventional diesel and gasoline vehicles is predicted to boost the demand for more sustainable and cleaner transportation alternatives. Market players are expected…
Dyes and Pigments Market Set to Reach US$ 38 Billion by 2031 with 3% CAGR Growth
Worldwide demand for dyes and pigments is projected to grow at a Compound Annual Growth Rate (CAGR) of 3% from 2021 to 2031. The global dyes and pigments market size is anticipated to reach at US$ 38 billion by the year 2031.
Dyes and pigments are substances used to add color to materials. Dyes dissolve and chemically bond with materials like fabric or paper, giving bright, even coloration. They're excellent for…
Addiction Treatment Market Set to Surge at 6.7% CAGR, Opening US$ 50 Mn Opportun …
The global Addiction Treatment market was poised to expand at a CAGR of 6.7% during the forecast period. Uptake across commercial settings is expected to grow substantially, generating an opportunity worth US$ 50 Mn over the coming decade.
Sharing mouthpieces and hoses while using smoking devices like water pipes frequently enhances the spread of the new coronavirus in social and communal situations. Patients are put in danger because they become more…
Solar Powered Drone Market Set to Soar to US$ 3,803.4 Million by 2033 with a 14. …
The global solar powered drone market will reach a valuation of US$ 1,017 million in 2023 and expected to progress at a CAGR of 14.1% to reach US$ 3,803.4 million by the end of 2033.
The market for solar-powered drones is expanding as a result of the increased focus on using renewable energy sources. Drones are used for data collection, aerial photography, solar farming, mining, agricultural farming, and other applications. Undoubtedly,…
Metal Finishing Chemicals Market Projected to Reach USD 16.4 Billion by 2032, Fu …
The global metal finishing chemicals market is estimated at USD 11.7 Billion in 2022 and is forecast to surpass USD 16.4 Billion by 2032, growing at a CAGR of 3.4% from 2022 to 2032.
Moreover, the market for metal finishing chemicals is flourishing due to the increased use of electroplating procedures and polishing that give durability, wear resistance, and high corrosion while also boosting aesthetics. The metal finishing chemicals market is…
Vehicle Roadside Assistance Market Set to Reach US$ 40 Billion by 2033
The global vehicle roadside assistance market is estimated to expand at a CAGR of 4.8% from 2023 to 2033. The market is valued at US$ 25 billion in 2023 and is expected to reach US$ 40 billion by the end of 2033.
In the bustling realm of modern transportation, the vehicle roadside assistance market stands as a pillar of support for motorists worldwide. From unexpected breakdowns to unforeseen mishaps, roadside assistance…
Urinary Catheter Sales Skyrocket to US$ 11.34 Billion by 2033
Worldwide urinary catheter sales are valued at US$ 6.04 billion in 2023. The global urinary catheters market is projected to register 6.5% CAGR and reach a valuation of US$ 11.34 billion by 2033.
The urinary catheters market plays a vital role in healthcare, providing solutions for patients suffering from urinary retention, incontinence, or undergoing surgical procedures. With a growing aging population, increasing prevalence of urinary disorders, and advancements in catheterization technologies,…
Sodium Tripolyphosphate Market Set to Surge to US$ 3.7 Billion by 2033
The global sodium tripolyphosphate market is expected to reach a valuation of US$ 2.4 billion in 2023 and further grow at a CAGR of 4.5% to reach US$ 3.7 billion by the end of 2033.
Sodium tripolyphosphate (STPP) is a crucial chemical compound with diverse applications across various industries. Its versatility, coupled with its properties, has propelled its demand globally. This article delves into the sodium tripolyphosphate market, analyzing key trends,…
Preventive Healthcare Technologies and Services Market Skyrockets with 13% CAGR
The preventive healthcare technologies and services market is projected to surge ahead at an astronomical CAGR of 13% from 2021 to 2028. In 2020, revenue from preventive healthcare technologies and services was US$ 217.1 Mn, which is anticipated to reach US$ 557.5 Mn by the end of 2028.
In recent years, the landscape of healthcare has been evolving rapidly, with a significant emphasis on preventive measures rather than just treating illnesses.…
Esters Market Projection: Climbing to US$ 620 Million by 2033
The global emollient esters market is anticipated to evolve rapidly at a CAGR of 7.2% from 2023 to 2033. The market stands at US$ 310 million in 2023 and is thus expected to reach US$ 620 million by 2033-end.
Emollient esters, the versatile compounds widely utilized in personal care, cosmetics, pharmaceuticals, and industrial applications, are witnessing a surge in demand globally. These compounds, derived from esterification reactions between fatty alcohols and…
Propylene Glycol Market Projected to Reach $6.5 Billion by 2032
The global Propylene Glycol market is likely to be valued at US$ 4.3 Billion in FY 2022, up from US$ 4.13 Billion in 2021.During the past year, the industry registered a Y-o-Y increase worth 4.1%. From 2022 to 2032, propylene glycol sales are poised to flourish at a CAGR of 4.2% to reach a value of US$ 6.5 Billion by the end of 2032.
Propylene glycol, a versatile organic compound, has…
Air Purifier Market Set to Double: Reaching $48.9 Billion by 2034
The global air purifier market size is projected to be valued at US$ 23.72 billion in 2024 and is forecasted to grow to a size of US$ 48.9 billion by the end of 2034. Worldwide sales of air purifiers are projected to rise at a noteworthy 7.5% CAGR over the next ten years (2024 to 2034).
In an era where environmental concerns and health consciousness are at the forefront, the air…
Global Women's Health Rehab Products Market to Hit US$ 5.77B by 2033 at 6% CAGR
Increasing at a CAGR of 6%, the global women's health rehabilitation products market is predicted to increase from its current valuation of US$ 3.22 billion and reach US$ 5.77 billion by the end of 2033.
Women's health rehabilitation products encompass a diverse range of medical devices, equipment, and aids designed to address specific health concerns faced by women across various stages of life. From pelvic floor dysfunction to postpartum recovery and…
Water-Based Adhesives Market: Projected to Double, Surpassing $42 Billion by 203 …
The global water-based adhesives market (水性接着剤市場)is predicted to expand at a CAGR of 7.7%, increasing from a value of US$ 20 billion in 2023 to US$ 42 billion by 2033-end.
In an era marked by growing environmental concerns and heightened awareness of sustainability, industries are continuously seeking innovative solutions to reduce their ecological footprint. One such industry that has embraced the call for sustainability is the adhesive industry, with water-based adhesives…
Water-Based Adhesives Market: Projected to Double, Surpassing $42 Billion by 203 …
The global water-based adhesives market (水性接着剤市場)is predicted to expand at a CAGR of 7.7%, increasing from a value of US$ 20 billion in 2023 to US$ 42 billion by 2033-end.
In an era marked by growing environmental concerns and heightened awareness of sustainability, industries are continuously seeking innovative solutions to reduce their ecological footprint. One such industry that has embraced the call for sustainability is the adhesive industry, with water-based adhesives…
Barge Transportation Market: Climbing to $209.36 Billion by 2033 with a Steady 4 …
The global barge transportation market (はしけ輸送市場)reached US$ 129.01 billion in 2022, according to the latest market study by Fact.MR. Over the projection period (2023 to 2033), worldwide demand for barge transportation services is predicted to rise steadily at 4.5% CAGR and climb to a market size of US$ 209.36 billion by 2033-end.
Barge transportation, an integral component of the global logistics and shipping industry, plays a crucial role in facilitating the…
Permanent Magnets Market: Anticipated Surge to $91.71 Billion by 2033, Driven by …
The global permanent magnets market (永久磁石市場)is estimated at US$ 40.56 billion in 2023 and is forecasted to surge ahead at a CAGR of 8.5% and reach a valuation of US$ 91.71 billion by the end of 2033.
The global Permanent Magnets Market has emerged as a critical player in various industries, driving technological advancements and innovation. Permanent magnets, characterized by their ability to retain magnetism without external influence, find applications in…
Textile Chemicals Market Set to Exceed $40.6 Billion by 2032 with 4.3% CAGR Grow …
The global textile chemicals market (繊維化学品市場)is estimated at USD 26.5 Billion in 2022 and is forecast to surpass USD 40.6 Billion by 2032, growing at a CAGR of 4.3% from 2022 to 2032.The global textile chemicals market is likely to create an absolute dollar opportunity of USD 14.1 Billion by the end of 2032. The global textile chemicals market holds ~1% of the global chemicals market.
The textile industry, a vital…
Wheel Drive Market Accelerates: Projected Surge to $17 Billion by 2033, with 30% …
The wheel drive market(インホイールモーター市場) is expected to grow from its current value of $1.2 billion in 2023 to $17 billion by the end of 2033. The wheel hub motor market is expected to grow at a compound annual growth rate of 30% from 2023 to 2033.
Business Replica cars have recently experienced significant changes in terms of stability, efficiency and improved handling. The hub engine is one of the amazing technologies…
Factory Robot Market Soars to $25.73 Billion by 2033, Marking a 7.6% CAGR Surge
The estimated value of the global factory robot market(工場用ロボット市場) is US$ 12,369.3 million in 2023, and it is projected to grow at a CAGR of 7.6% to US$ 25,731.6 million by the end of 2033.
The use of factory robots has become a revolutionary force in the evolving landscape of contemporary industries, significantly altering how items are produced, put together, and dispersed. Industrial robots, which are a subset of factory robots,…
Golf Cart Market: Surging to $5.76 Billion by 2033 with a 5.4% CAGR
The global golf cart market (ゴルフカート市場)is valued at US$ 3.4 billion in 2023 and is expected to reach US$ 5.76 billion by 2033. Worldwide demand for golf carts is forecasted to increase at a CAGR of 5.4% during the forecast period (2023 to 2033).
The golf cart market has witnessed a remarkable transformation over the years, transitioning from being a humble vehicle designed for golf courses to becoming a versatile mode…
Textile Chemicals Market: Set to Exceed $40.6 Billion by 2032 with a 4.3% CAGR G …
The global textile chemicals market (繊維化学品市場)is estimated at USD 26.5 Billion in 2022 and is forecast to surpass USD 40.6 Billion by 2032, growing at a CAGR of 4.3% from 2022 to 2032.The global textile chemicals market is likely to create an absolute dollar opportunity of USD 14.1 Billion by the end of 2032. The global textile chemicals market holds ~1% of the global chemicals market.
The textile industry, a vital…
Orthodontic Supplies Market Surges to $12 Billion by 2026 with 11% CAGR Growth, …
As per a new Fact.MR analysis,the global orthodontic supplies market(歯科矯正用品市場) has reached a valuation of US$ 8 billion in 2022 and is anticipated to expand rapidly at a CAGR of 11% to reach US$ 12 billion by 2026. Demand for removal braces is expected to surge at a CAGR of 16% from 2022 to 2026.
The orthodontic supplies market has experienced significant growth over the years, driven by factors such as…
Hydroxyacetic Acid Market: Projected to Reach $625 Million by 2033 with 6.6% CAG …
The hydroxyacetic acid market (ヒドロキシ酢酸市場)is set to enjoy a valuation of US$ 330 Million in 2023 and further expand at a CAGR of 6.6% to reach US$ 625 Million by the end of 2033.
Hydroxyacetic acid, also known as glycolic acid, is a colorless and odorless alpha-hydroxy acid with various industrial applications. It is a naturally occurring compound found in sugarcane, unripe grapes, and sugar beets. The global hydroxyacetic acid market…
Liquid Crystal Polymer (LCP) Market: Anticipated to Reach $2.3 Billion by 2033 w …
A valuation of US$ 1.4 billion is anticipated for the global liquid crystal polymer (LCP) market (液晶ポリマー（LCP）市場)in 2023, and it is projected to rise at a CAGR of 5.1% to reach US$ 2.3 billion by the end of 2033.
The market for liquid crystal polymers (LCP) has grown significantly over the past several years as a result of the rising need for high-performance materials across a variety of sectors, including electronics,…
Carbon Black Market: Estimated to Reach $46.9 Billion by 2033 with 6.0% CAGR Gro …
The global carbon black market (カーボンブラックマーケット)size is estimated to be valued at US$ 26.2 billion in 2023 and it is expected to grow at a CAGR of 6.0% to reach US$ 46.9 billion by the end of 2033.
Carbon black, a versatile and indispensable industrial material, plays a pivotal role in various sectors, ranging from automotive to rubber manufacturing. Derived from the incomplete combustion of hydrocarbons, carbon black finds extensive applications…
Insulation Mineral Wool Market: Projected Growth to $31 Billion by 2033 with a 5 …
The global insulation mineral wool market (断熱ミネラルウール市場)is valued at US$ 19.1 billion in 2023 and is forecasted to reach US$ 31 billion by 2033, expanding at a CAGR of 5% from 2023 to 2033.
The Insulation Mineral Wool market has been witnessing significant growth over the past decade due to increasing awareness about energy efficiency and sustainability. Mineral wool, also known as rock wool or stone wool, is a versatile and…
Golf Cart Market Surpasses US$3.4 Billion in 2023, Envisioned to Hit US$5.76 Bil …
The global golf cart market (ゴルフカート市場)is valued at US$ 3.4 billion in 2023 and is expected to reach US$ 5.76 billion by 2033. Worldwide demand for golf carts is forecasted to increase at a CAGR of 5.4% during the forecast period (2023 to 2033).
The golf cart market has witnessed a remarkable transformation over the years, transitioning from being a humble vehicle designed for golf courses to becoming a versatile mode…
Automotive Smart Displays Market Soars: Projected to Reach USD 7.5 Billion in 20 …
automotive smart displays Market (車載スマートディスプレイ市場) is expected to reach USD 7.5 billion in 2022 and USD 12.4 billion by 2032, increasing at a CAGR of 5.1% throughout that period.
The desire for cutting-edge connection and infotainment systems in automobiles has been a major factor in the market's impressive recent rise. Traditional instrument clusters have given way to sophisticated touchscreens in these smart displays, which provide both drivers and passengers a wealth…
Fork Sensors Market on the Rise: Set to Double from US$312 Million in 2023 to US …
fork sensors Market (フォークセンサー市場)is expected to grow from its current value of US$ 312 million in 2023 to US$ 610 million by 2033, at a strong CAGR of 7%.
The possibilities for efficiency, precision, and productivity are constantly being redefined by technology in the constantly changing world of automation and production. The fork sensor is one such technological marvel that has established itself in numerous industries. Due to their wide range…
Dimethyl Carbonate Market Projection: Expected to Hit US$1.2 Billion in 2023, Su …
The market for dimethyl carbonate (炭酸ジメチル市場) is expected to reach a value of US$ 1.2 billion in 2023 and US$ 2.2 billion by the end of 2033, growing at a CAGR of 6.5%.
Concerns about climate change, resource scarcity, and mounting regulatory pressure have caused the global chemical industry to move in a positive direction toward more sustainable and ecologically friendly operations. Dimethyl carbonate (DMC), a versatile chemical product, has emerged…
Auto Injectors Market Surges: Valued at US$59.04 Billion in 2023, Predicted 16% …
The global Auto Injectors Market (オートインジェクター市場) Growth is valued at US$ 59.04 billion in 2023. Global demand for autoinjectors is predicted to increase at 16% CAGR from 2023 to 2033 and is projected to reach US$ 260.45 billion by the end of the forecast period.
The autoinjectors market has experienced substantial growth over the past few years, driven by rising demand for self-administration devices, advancements in biotechnology and pharmaceuticals, and the…
Addiction Treatment Market Set to Surge with 6.7% CAGR: Commercial Uptake Propel …
The global Addiction Treatment market (依存症治療市場)Sales was poised to expand at a CAGR of 6.7% during the forecast period. Uptake across commercial settings is expected to grow substantially, generating an opportunity worth US$ 50 Mn over the coming decade.
Addiction, whether to substances or behaviors, remains a significant global public health concern. The addiction treatment market plays a pivotal role in combating this pervasive issue. With the rising prevalence of…
Automotive Turbocharger Market: Reaching US$ 23.28 Billion by 2031 with a 7.6% C …
The global automotive turbocharger market (自動車用ターボチャージャー市場) totaled US$ 11.2 billion in 2021. Sales of automotive turbochargers are predicted to reach a market valuation of US$ 23.28 billion by 2031, increasing at a CAGR of 7.6%.
Over the years, the automotive industry has seen a remarkable transformation as a result of improvements in various facets of vehicle design and performance. The automotive turbocharger is one such innovation that has had a considerable…
Biofuels Market: Surpassing US$ 140.43 Billion in 2021, Set to Grow at 4.8% CAGR …
The global revenue from the sales of biofuels in 2021 was US$ 140.43 Billion. The industry is likely to expand at a CAGR of 4.8% during 2022 - 2032.
The world's energy system is experiencing a fundamental transformation toward sustainability, and biofuels are playing a crucial part in this change. When compared to fossil fuels, biofuels are potential sustainable energy sources made from organic resources. The market for biofuels has significantly…
Plastic Protective Packaging Market: Projected to Hit US$ 33.5 Billion by 2033 w …
Based on the analysis by Fact.MR, the global plastic protective packaging market (プラスチック保護包装市場) is estimated to reach US$ 17.7 billion in 2023 and it is anticipated to grow at a CAGR of 6.6% to reach US$ 33.5 billion by the end of 2033.
Plastic protective packaging plays a vital role in ensuring the safe transit of various products across the globe. From fragile electronics to perishable goods, these versatile materials are…
Drainage Bottles Market: Surging at 8.5% CAGR, Expected to Exceed US$ 473.3 Mill …
The global drainage bottles market (排水ボトル市場) analysis report by Fact.MR shows that the market was worth US$ 473.3 million in 2021, and it is predicted to grow at a CAGR of 8.5% from 2022 to 2032.
The global drainage bottles market has witnessed substantial growth in recent years, fueled by a combination of technological advancements, increasing healthcare needs, and a growing awareness of the importance of effective drainage systems. Drainage bottles…
Polymethyl Methacrylate (PMMA) Market: Reaching US$8.5 Billion by 2032 with a 5. …
The global polymethyl methacrylate (PMMA) market (ポリメタクリル酸メチル（PMMA）市場) stands at US$ 4.9 billion in 2022 and it is projected to surpass a valuation of US$ 8.5 billion by the end of 2032.Demand for PMMA forecasted to increase steadily at a CAGR of 5.9% over the next ten years.
Polymethyl Methacrylate (PMMA), commonly known as acrylic or plexiglass, is a versatile and transparent thermoplastic that has found its way into a wide range…
Specialty Oilfield Chemicals Market: Valued at US$11.92 Billion in 2022, Project …
The global specialty oilfield chemicals market (特殊油田化学薬品市場) in 2022 stands at US$ 11.92 billion in valuation and is expected to climb to US$ 18.46 billion by the end of 2032. Sales of specialty oilfield chemicals across the world are anticipated to increase at a CAGR of 4.5% from 2022 to 2032.
The global energy landscape has always been a critical driver of economic growth and technological advancement. As societies strive for…
