Press Releases from MarketsandMarkets (7335 total)
Bromine Market worth $4.4 billion by 2028 | Key players LANXESS AG (Germany), To …
According to recent market research the "Bromine Market by Derivative (Organobromine, Clear Brine Fluids and Hydrogen Bromide), Application (Flame Retardants, PTA Synthesis, Water Treatment & Biocides, HBR Flow Batteries), End-User & Region - Global Forecast to 2028", is expected to grow from USD 3.6 billion in 2023 to USD 4.4 billion by 2028, at a CAGR of 4.2%. The major factors driving the bromine market is extensive consumption in diversified…
Lithium-ion Battery Binders Market worth $3.7 billion by 2027 | Key players Arke …
According to recent market research the "Lithium-ion Battery Binders Market by Type (Anode and Cathode), Material (PVDF, CMC, PMMA, SBR), Battery Chemistry, End Use (Automotive, Consumer Electronics, Energy Storage, Industrial), and Region - Global Forecast to 2027", is projected to grow from USD 1.6 billion in 2022 to USD 3.7 billion by 2027, at a CAGR of 18.7% from 2022 to 2027. Growing demand of various applications such as automotive,…
Fuel Cell Market Size to Hit $8.7 billion by 2028 | Leading key players are Bloo …
According to a research report "Fuel Cell Market by Type (PEMFC, SOFC, PAFC, MFC, DMFC, AFC), Application (Portable, Stationary, Vehicle (FCVs)), End User (Residential, C&l, Transportation, Data Center, Military & Defense), Size, Fuel, Component and Region - Global Forecast to 2028" published by MarketsandMarkets, the fuel cell market is projected to reach USD 8.7 billion by 2028 from an estimated USD 3.3 billion in 2023, at a CAGR of 21.7%…
With 4.4% CAGR, Industrial Valves Market Growth to Surpass USD 99.8 billion
The global industrial valves market size is expected to grow from USD 80.4 billion in 2023 to USD 99.8 billion by 2028, at a CAGR of 4.4%. The growth of the industrial valves market can be attributed to the growing demand for industrial valves from healthcare and pharmaceutical industries, establishment of new power plants and revamping of existing ones, rising demand for adoption of automation solutions, and establishment of smart…
Ensuring Workplace Safety: Exploring the Evolving Landscape of Machine Safety Te …
The global Machine safety market is expected to grow from USD 5.4 billion in 2024 to USD 7.0 billion by 2029, registering a CAGR of 5.4%. The growing trend of automation in various industries, such as manufacturing, automotive, and logistics, has led to a higher demand for machine safety solutions. As more machines and robots are integrated into work processes, ensuring the safety of both workers and equipment becomes a…
Unlocking Growth Opportunities: The Latest Trends in Testing, Inspection, and Ce …
The global testing, inspection, and certification (TIC) market is expected to reach USD 280.6 billion by 2029 from USD 233.2 billion in 2024, at a CAGR of 3.8% during the forecast period. The rise in demand for TIC services is driven by stringent government regulations for ensuring product safety, the demand for interoperability testing, and the surge in trade involving counterfeit and defective products. Additionally, the growing emphasis on digitalization…
Self-Adhesive Labels Market worth $69.2 billion by 2028 | Key players CCL Indust …
According to recent market research the "Self-Adhesive Labels Market by Composition (Facestock, Adhesive, Release Liner), Nature (Permanent, Removable, Repositionable), Type (Release Liner, Linerless), Printing Technology, Application, and Region - Global Forecast to 2028", is projected to grow from USD 53.2 billion in 2023 to USD 69.2 billion by 2028, at a CAGR of 5.4% from 2023 to 2028. The self-adhesive labels market is driven by several key factors that contribute…
Thermoplastic Vulcanizates Market worth $4.9 billion by 2032 | Key players DuPon …
According to recent market research the "Thermoplastic Vulcanizates Market by Processing Method (Injection Molding, Extrusion), Application (Automotive, Footwear, Consumer Goods, Fluid Handling, Medical), and Region (North America, Europe, South America, APAC, MEA) - Global Forecast to 2032", is approximated to be USD 2.6 billion in 2022, and it is projected to reach USD 4.9 billion by 2032, at a CAGR of 6.5%. Rising population, increasing disposal income, rising industrialization, improving…
Remote Patient Monitoring Market Vital Role in Healthcare Evolution
The global Remote Patient Monitoring (RPM) market is poised for robust growth as healthcare technology continues to advance, enabling more efficient and patient-centered care. RPM solutions, which allow for the remote monitoring of patients' health and vital signs, have gained significant traction in recent years, driven by the growing need for continuous health monitoring and the widespread adoption of digital health technologies.
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The global remote patient monitoring…
Surface Disinfectant Market worth $4.2 billion by 2028
Surface Disinfectant Market in terms of revenue was estimated to be worth $2.6 billion in 2023 and is poised to reach $4.2 billion by 2028, growing at a CAGR of 9.4% from 2023 to 2028 according to a new report by MarketsandMarkets. The players operating the surface disinfectant market are enjoying favorable opportunities due to increased demand for infection control measures aimed at reducing hospital acquired infections, an increase in…
With 32.6% CAGR, Silicon Carbide Market Growth to Surpass USD 17.2 billion
The silicon carbide market is estimated to be worth USD 4.2 billion in 2024 and is projected to reach USD 17.2 billion by 2029, growing at a CAGR of 32.6% during the forecast period. The increasing adoption of SiC in electric vehicles is expected to drive the market growth of silicon carbide. Furthermore, the surge in adoption of SiC devices in telecommunication applications is anticipated to provide growth opportunities for…
Smart Agriculture Market Growing at the Fastest Rate in Americas Region
The smart agriculture market is projected to reach USD 25.4 billion by 2028 from USD 16.2 billion in 2023, at a CAGR of 9.4% from 2023 to 2028. Surging use of modern technologies in agriculture and rising adoption of IoT, ROVs, and AI in aquaculture farming are among the key factors driving the growth of the Smart Agriculture market.
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Driver: Rising adoption of IoT, ROVs, and AI…
Unlocking the Future: Exploring the Latest Trends and Innovations in Access Cont …
The access control market is projected to grow from USD 10.4 billion in 2024 and is expected to reach USD 15.2 billion by 2029, growing at a CAGR of 7.8% from 2024 to 2029. The rising number of smart infrastructure and smart city projects is driving the market for access control systems. Access control systems can be integrated with traffic management systems, public safety networks, and even building automation systems,…
Agricultural Films Market worth $18.2 billion by 2028 | Key players Berry Plasti …
According to recent market research the "Agricultural Films Market by Type (LLDPE, LDPE, Reclaim, EVA, HDPE), Application ((Greenhouse Films (Classic Greenhouse, Macro Tunnels), Silage Films (Silage Stretch Wraps), & Mulch Films (Transparent, Clear Mulches)), and Region - Global Forecast to 2028", size was USD 12.2 billion in 2022 and is projected to reach USD 18.2 billion by 2028, at a CAGR of 6.9% from 2023 to 2028. The market is…
Terpene Resins Market worth $1,450 million by 2027 | Key players Kraton Corporat …
According to recent market research the "Terpene Resins Market by product type (Solid, Liquid), grade (Industrial, Technical), application (Inks & coatings, adhesives & sealants, chewing gums pulp & paper, plastic & rubber, leather processing), and Region- Global Forecast to 2027", size is projected to reach USD 1,450 million by 2027 from USD 991 million in 2022, at a CAGR of 7.9% during the forecast period. Increasing adoption of terpene resins…
Preparative and Process Chromatography Market worth $15.6 billion by 2028
Preparative and Process Chromatography Market in terms of revenue was estimated to be worth $11.3 billion in 2023 and is poised to reach $15.6 billion by 2028, growing at a CAGR of 6.8% from 2023 to 2028 according to a new report by MarketsandMarkets. The growth of this market is majorly driven by growth of CROs and CMOs in pharmaceutical industry, growing demand for monoclonal antibodies, and rise in need…
Nucleic Acid Isolation and Purification Market Worth $9.4 billion | MarketsandMa …
Nucleic Acid Isolation and Purification Market in terms of revenue was estimated to be worth $6.4 billion in 2023 and is poised to reach $9.4 billion by 2028, growing at a CAGR of 8.1% from 2023 to 2028 according to a new report by MarketsandMarkets. Factors responsible for the growth of this market include technological advancements, growing research & development activities, and growing automation. Opportunities such as emerging economies are…
With 26.4% CAGR, Battery Energy Storage System Market Growth to Surpass USD 17.5 …
The battery energy storage system market is estimated to be worth USD 5.4 billion in 2023 and is projected to reach USD 17.5 billion by 2028, at a CAGR of 26.4% during the forecast period. The Improvements in battery technology and Government policies and regulations are also supporting the growth of the global battery energy storage system market. Moreover, the growing concerns about climate change is also a key factor…
Smart Manufacturing: Harnessing Artificial Intelligence for Efficiency and Innov …
The artificial intelligence in manufacturing market is estimated to be valued at USD 3.2 billion in 2023 and is projected to reach USD 20.8 billion by 2028, at a CAGR of 45.6% from 2023 to 2028. Artificial intelligence (AI) in manufacturing refers to the emulation of human intelligence for interacting with machines, extracting data from various sources, analyzing that data, and executing necessary tasks. These tasks encompass activities such…
Emerging Technologies and the Future of Testing, Inspection, and Certification M …
The global testing, inspection, and certification (TIC) market is expected to reach USD 280.6 billion by 2029 from USD 233.2 billion in 2024, at a CAGR of 3.8% during the forecast period. The rise in demand for TIC services is driven by stringent government regulations for ensuring product safety, the demand for interoperability testing, and the surge in trade involving counterfeit and defective products. Additionally, the growing emphasis on digitalization…
Electrical Steel Market worth $ 60.7 billion by 2028 | Key players ArcelorMittal …
According to recent market research the "Electrical Steel Market by Type (Non-grain-oriented, and Grain-oriented), Application (Transformer, Motors, Inductors), End-user Industry (Automotive, Energy, Manufacturing, Household Appliances), and Region - Global Forecast to 2028", is approximated to be USD 40.6 billion in 2023, and it is projected to reach USD 60.7 billion by 2028, at a CAGR of 8.4%. The electrical steel market is expected to experience significant growth in the coming…
Cross Linking Agents Market worth $13.6 billion by 2028 | Key players BASF SE (G …
According to recent market research the "Cross Linking Agents Market by Chemistry (Amino, Amine, Amide, Aziridine, Isocyanate, Carbodiimide), Application (Decorative, Industrial (Transportation Coatings, Industrial, Protective Coatings, Marine Coatings), & Region - Global Forecast to 2028", is projected to reach USD 13.6 billion by 2028, at a CAGR of 6.5% from USD 9.9 billion in 2023. The Cross-Linking Agent market is mainly driven by the factors including the demand for high-performance…
MRI Systems Market Worth $6.6 billion | MarketsandMarkets
MRI Systems Market in terms of revenue was estimated to be worth $5.2 billion in 2023 and is poised to reach $6.6 billion by 2028, growing at a CAGR of 5.0% from 2023 to 2028 according to a new report by MarketsandMarkets. The major factors driving the growth of this market include the launch of technologically advanced products by the key players and rising demand for early diagnosis. Recent technological…
Temperature Management Systems Market Worth $3.9 billion | Asahi-kasei Corporati …
Temperature Management Systems Market in terms of revenue was estimated to be worth $3.0 billion in 2023 and is poised to reach $3.9 billion by 2028, growing at a CAGR of 4.9% from 2023 to 2028 according to a new report by MarketsandMarkets. Growth in the temperature management systems market is mainly driven by the increasing prevalence of chronic and infectious diseases, the rising number of surgical procedures, and the…
Electric Heat Tracing Market Set to Grow at the Fastest Rate- Time to Grow your …
The global electric heat tracing market is expected to be valued at USD 2.96 billion in 2024 and is projected to reach USD 4.34 billion by 2029; it is expected to grow at a CAGR of 7.9% from 2024 to 2029. The electric heat tracing market is experiencing substantial growth due to a convergence of factors. Increasing demand for convenience and efficiency in various applications such as for freeze protection,…
Video Surveillance Market Projected to reach $83.3 billion by 2028
The global video surveillance market is expected to be valued at USD 53.7 billion in 2023 and is projected to reach USD 83.3 billion by 2028; it is expected to grow at a CAGR of 9.2% from 2023 to 2028. The market growth is driven by growing security concerns, technological advancements, and the integration of AI-powered analytics. The market's expansion is further propelled by increasing demand for real-time monitoring, remote…
With 61.3% CAGR, Digital Twin Market Growth to Surpass USD 110.1 billion
The global digital twin market size is projected to grow from USD 10.1 billion in 2023 to USD 110.1 billion by 2028 at a CAGR of 61.3% during the forecast period. The key factors fueling the growth of this market include the rising emphasis on digital twins in manufacturing industries to reduce cost and improve supply chain operations and the increasing demand for digital twins from the healthcare industry.
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Gene Therapy Market Size And Global Industry Forecast
Gene Therapy Market in terms of revenue was estimated to be worth $9.0 billion in 2023 and is poised to reach $23.9 billion by 2028, growing at a CAGR of 21.4% from 2023 to 2028 according to a new report by MarketsandMarkets. The rising number of product approvals followed by growing focus on genomic research focused on development of novel therapeutics including gene therapies against critical indications, are the factors…
In Vitro Toxicology Testing Market Global Forecast to 2028
In Vitro Toxicology Testing Market in terms of revenue was estimated to be worth $10.8 billion in 2023 and is poised to reach $17.1 billion by 2029, growing at a CAGR of 9.5% from 2023 to 2029 according to a new report by MarketsandMarkets. Technological advancements taking place in assays and equipment being used for such studies, along with the increasing R&D expenditure to undertake toxicity studies during the early…
Glass Mat Market worth $2.2 billion by 2028 | Key players Owens Corning, (US), 3 …
According to recent market research the "Glass Mat Market by Mat Type (Chopped Strand Mat, Continuous Filament Mat), Binder Type (Emulsion, Powder), Manufacturing Process (Dry-Laid, Wet-Laid), End-Use Industry, Region (North America, APAC, Europe, Latin America, MEA) - Global Forecast to 2028", is projected to grow from USD 1.3 billion in 2022 to USD 2.2 billion by 2028, at a CAGR of 8.6% during the forecast period. Glass mat offers various…
Surfactants Market worth $57.8 billion by 2028 | Key players BASF SE (Germany), …
According to recent market research the "Surfactants Market by Type (Anionic, Non-ionic, Cationic & Amphoteric), Application (Home Care, Personal Care, Industrial & Institutional Cleaning, Textile, Elastomers & Plastics, Agrochemicals, and Food & Beverage), and Region - Global Forecast to 2028", size was USD 43.5 billion in 2022 and is projected to reach USD 57.8 billion by 2028, at a CAGR of 4.9% from 2023 to 2028. The market is projected…
Image Sensor Market Projected to reach $38.6 billion by 2027
The global image sensor market size is estimated to be USD 26.1 billion in 2022 and is projected to reach 38.6 billion by 2027, at a CAGR of 8.1% during the forecast period. Growing adoption of ADAS in automobiles and rising demand for multiple cameras in mobile devices play a key role in driving the growth of image sensor market in near future.
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Cost-effective manufacturing and low…
Infrared Imaging Market Set to Grow at the Fastest Rate- Time to Grow your Reven …
The infrared imaging market is estimated to be worth USD 6.7 billion in 2023 and is projected to reach USD 9.6 billion by 2028, at a CAGR of 7.3% during the forecast period. The growing popularity of uncooled infrared cameras and the increasing use of infrared cameras in quality control and inspection application are major factors driving the global growth of the infrared imaging market. Moreover, penetration of infrared cameras…
With 22.4% CAGR, Horticulture Lighting Market Growth to Surpass USD 10.4 billion
The horticulture lighting market is expected to reach USD 10.4 billion by 2028 from USD 3.7 billion in 2023, at a CAGR of 22.4% during the 2023-2028 period. One of the most significant driver of horticulture lighting is its capability to enable year-round crop production, regardless of the external climate and sunlight availability. This breakthrough in agricultural technology has revolutionized the way crops are cultivated and has become a game-changer…
Veterinary Diagnostic Market worth $5.0 billion by 2029
Veterinary Diagnostic Market in terms of revenue was estimated to be worth $3.3 billion in 2023 and is poised to reach $5.0 billion by 2029, growing at a CAGR of 7.1% from 2023 to 2029 according to a new report by MarketsandMarkets. Early disease detection and ease of decision-making leading to improved treatment planning are advantages of the veterinary diagnostics market. Factors such as increased diagnostic testing for animals such…
Cardiac Marker Testing Market worth $6.9 billion by 2028
Cardiac Marker Testing Market in terms of revenue was estimated to be worth $4.4 billion in 2023 and is poised to reach $6.9 billion by 2028, growing at a CAGR of 9.4% from 2023 to 2028 according to a new report by MarketsandMarkets. The expansion of the cardiac marker testing market is propelled by several synergistic factors, including increasing demand for early diagnosis of cardiovascular diseases, escalating cardiovascular diseases prevalence,…
Glass Substrate Market worth $8.4 billion by 2028 | Key players AGC Inc. (Japan) …
According to recent market research the "Glass Substrate Market by Type (Borosilicate, Silicon, Ceramic, And Fused Silica/Quartz-Based Glass Substrates), End-Use Industry (Electronics, Automotive, Medical, Aerospace & Defense, Solar), and Region - Global Forecast to 2028", size is estimated to be USD 7.1 billion in 2023, and it is projected to reach USD 8.4 billion by 2028 at a CAGR of 3.5%. The growth of the glass substrate market is primarily…
Molded Pulp Packaging Market worth $5.7 billion by 2027 | Key players Huhtamaki …
According to recent market research the "Molded Pulp Packaging Market by Molded Type (Thickwall, Transfer Molded, Thermoformed Fiber and Processed Pulp), Product Type (Trays, Clamshells, Cups, Plates, Bowls), End-Use, Source (Wood Pulp and Non Wood Pulp), and Region - Global Forecast to 2027", is approximated to be USD 4.6 billion in 2022, and it is projected to reach USD 5.7 billion by 2027, at a CAGR of 4.3%. Molded fiber…
With 26.6% CAGR, Anti-Drone Market Growth to Surpass USD 5.2 billion
The global anti-drone market was valued at USD 1.2 billion in 2022 and is projected to reach USD 5.2 billion by 2028; it is expected to register a CAGR of 26.6% during the forecast period. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, growing reliance on advanced anti-drone systems to prevent terrorism, and surging adoption of aerial remote sensing technologies to safeguard…
RTLS Market for Healthcare: Size, Trends, Manufacturers' Strategies, and Growth …
Real-Time Location Systems (RTLS) have emerged as indispensable tools in the healthcare sector, facilitating asset tracking, patient monitoring, and staff management in real-time. As healthcare facilities strive to enhance operational efficiency, patient safety, and quality of care, the RTLS market for healthcare continues to witness significant growth and innovation. In this article, we delve into an in-depth analysis of the RTLS market for healthcare, examining its size, current trends, strategies…
Precision Farming Market: Size, Trends, Manufacturers' Strategies, and Growth Op …
Precision farming, also known as precision agriculture or smart farming, is revolutionizing the agricultural sector by leveraging technology to optimize crop yields, reduce resource wastage, and enhance farm productivity. As the global population continues to grow, coupled with increasing demand for food security and sustainability, precision farming has emerged as a critical solution to address the challenges facing modern agriculture. In this article, we delve into an in-depth analysis of…
Feminine Hygiene Products Market worth $32.2 billion by 2028 | Key players Drylo …
According to recent market research the "Feminine Hygiene Products Market by Nature (Disposable, Reusable), Type (Sanitary Napkins, Tampons, Menstrual Cups), Region (Asia Pacific, North America, Europe, Middle East and Africa, South America) - Global Forecast to 2028", size is projected to grow from USD 24.6 billion in 2023 to USD 32.2 billion by 2028, at a CAGR of 5.5% from 2023 to 2028. Feminine hygiene products are designed to help…
Medical Packaging Films Market worth $10.4 billion by 2028 | Key players Amcor P …
According to recent market research the "Medical Packaging Films Market by Material (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyamide), Type (Thermoformable Film, High Barrier Film, Metallized Film), Application (Bags, Tubes), and Region - Global Forecast to 2028", size is estimated to be USD 7.8 billion in 2023, and it is projected to reach USD 10.4 billion by 2028 at a CAGR of 6.0%. Rising population, improving living standards, increasing industrialization, rising awareness…
Ethyleneamines Market worth $2.9 billion by 2028 | Key players Tosoh Corporation …
According to recent market research the "Ethyleneamines Market by Type (Ethylenediamine, Diethylenetriamine, Triethylenetetramine), Application, End Use (Resin, Paper, Automotive, Adhesive, Water Treatment, Agriculture, Pharmaceutical), and Region - Global Forecasts to 2028", size is projected to grow from USD 2.3 billion in 2023 to USD 2.9 billion by 2028, at a CAGR of 4.7%. The ethyleneamines market is witnessing robust growth, driven by a diverse array of end-use industries. This strategic…
Aircraft Seals Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The Aircraft seals market size is projected to grow from USD 3.1 Billion in 2023 to USD 3.8 Billion by 2028, at a CAGR of 4.1% from 2023 to 2028. Some of the factors fueling the market's growth include the increasing use for commercial and military aircraft fleets demand around the world. The increasing need for low-cost, efficient aircraft and technological advancements provide lucrative opportunities for Aircraft Seals providers during…
With 7.1% CAGR, Timing Devices Market Growth to Surpass USD 8.9 billion
The timing devices market is projected to grow from USD 5.5 billion in 2023 and is projected to reach USD 8.9 billion by 2029; it is expected to grow at a CAGR of 7.1% from 2023 to 2030.
The growth of the timing devices market is driven advancements in the telecommunications industry, rising adoption of timing devices in smartphones and smart wearables, rise in demand for healthcare and medical equipment…
Memory Revolution: Exploring Opportunities in the Evolving Next-Generation Memor …
In an era defined by exponential data growth and the proliferation of connected devices, the demand for faster, more efficient, and higher-capacity memory solutions has never been greater. The next-generation memory landscape is witnessing a revolution, driven by technological advancements, changing market dynamics, and the relentless pursuit of innovation. In this article, we delve into the opportunities presented by the evolving next-generation memory landscape and explore the transformative potential of…
Antimicrobial Plastics Market worth $64.8 billion by 2028 | Key players DuPont D …
According to recent market research the "Antimicrobial Plastics Market by Additive (Inorganic, Organic), Type (Commodity Plastics, Engineering Plastics, High Performance Plastics), Application (Packaging, Automotive, Medical & Healthcare, Consumer Goods), & Region - Global Forecast to 2028", size was USD 41.7 billion in 2022 and is projected to reach USD 64.8 billion by 2028, at a CAGR of 7.7%, between 2023 and 2028. Antimicrobial plastics are used in various construction industry…
Micro Injection Molding Machine Market worth $0.7 billion by 2028 | Key players …
According to recent market research the "Micro Injection Molding Machine Market by Type (0-10 tons, 10-30 tons, and 30-40 tons), Application (Medical, Automotive, Fiber Optics, Electronics), Region (North America, Europe, Asia-Pacific, South America, MEA) - Global Forecast to 2028", is projected to reach USD 0.7 billion by 2028, at a CAGR of 9.9% from USD 0.5 billion in 2023. Micro injection molding machines are used to create plastic parts with…
Synthetic Leather Market worth $88.0 billion by 2028 | Key players Kuraray Co., …
According to recent market research the "Synthetic Leather Market by Type (PU-based, PVC-based, Bio-based), End-use Industry (Footwear, Furnishing, Automotive, Clothing, Bags, Purses & Wallets), and Region (North America, Europe, Asia Pacific, MEA, South America) - Global Forecast to 2028", size was USD 68.7 billion in 2023 to USD 88.0 billion by 2028, at a CAGR of 5.1% from 2023 to 2028. Synthetic leather, commonly referred to as artificial leather, is…
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