Industrial Margarine Market Projected to Garner Significant Revenues by 2022
The industrial margarine market is estimated at USD 2.25 billion in 2017 and is projected to reach a value of USD 2.66 billion by 2022, at a CAGR of 3.5% from 2017 to 2022. The market is segmented on the basis of application, type, source, form, and region.
The types of industrial margarine include spreadable, all purpose, and butter blend. On the basis of application, the market is segmented...
Steam Boiler System Market Is Expected to Grow with a CAGR of 4.13% During the Forecast Period, 2018-2023
The global steam boiler system market, by value, is projected to reach USD 21.63 billion by 2023, at a CAGR of 4.13%, from an estimated USD 17.66 billion in 2018. The growth of the steam boiler system market is mainly driven by the increased usage of steam boilers across various end-user industries such as power generation, oil & gas, chemical, process industries, and metal and mining. The chemical...
Factors Driving the Water Soluble Packaging Market
According to MarketsandMarkets, the global water soluble packaging market is estimated to be valued at USD 2.8 billion in 2019 and is projected to reach USD 3.7 billion by 2025, recording a CAGR of 5.0%. The rising application of water soluble packaging in multiple industries and the growing environmental and sustainability concerns led to a surge in demand for biodegradable packaging. The rise in...
Strong Growth in Emerging Economies Drives the Specialty Fertilizers Market
The specialty fertilizers market is estimated to account for a value of USD 36.1 billion in 2019 and is projected to grow at a CAGR of 6.4% from 2019, to reach a value of USD 52.4 billion by 2025. The increase in demand for enhanced high-efficiency fertilizers, ease of use and application of specialty fertilizers, and adoption of precision farming and protected agriculture are some of the factors...
Increasing Need for Food Supporting the Growth of the Nematicides Market
The global nematicides market size is estimated to be valued at USD 1.3 billion in 2019 and is projected to be worth USD 1.6 billion by 2025, recording a CAGR of 3.4% during the forecast period. The strong demand for high-value crops, crop losses due to nematodes, and advancements in farming practices and technology are some of the factors driving growth in the nematicides market.
Nematicides Market...
Fuel Cells Market to Reach $1,059 million by 2024 at a CAGR of 25.4%, from 2019 to 2024
The global fuel cells market size is expected to grow at a CAGR of 25.4% from 2019 to 2024, to reach a market size of USD 1,059 million by 2024. The growing demand for clean power generation in developed regions and the increased use of fuel cell-powered vehicles are some of the factors driving the growth of the in fuel cell technology industry.
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PDC Drill Bits Market Is Expected to Witness A Significant CAGR In the Period 2018-2023
The PDC drill bits market is estimated to grow at a CAGR of 4.41% from 2018 to 2023, to reach a projected market size of USD 4.54 billion by 2023. This growth can be attributed to the increasing demand for production & exploration activities in the world, leading to an efficient oil & gas drilling.
The PDC drill bits market is dominated by a few major players that are established brand...
Growing Demand For Functional and Convenience Food Products and the Rising Trend of Clean Label Drive the Gelatin Market
The global gelatin market size is projected to grow from USD 2.6 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 6.6% during the forecast period. The gelatin market is driven by various factors such as the growing demand for functional and convenience food & beverage products, increasing application in the pharmaceutical industry, and rising demand for clean-label products. However, competition...
Aviation Blockchain Market worth $1,394 million by 2025
According to the new market research report “Aviation Blockchain Market by End Market (Airports, Airlines, MRO, Manufacturers, Lessors), Application (Smart Contracts, Supply Chain Management, Aircraft Maintenance, Cargo & Baggage Tracking), Deployment, Function, Region – Global Forecast to 2025″, The aviation blockchain market size is expected to reach USD 1,394 million...
Growth opportunities and latent adjacency in Insect Pest Control Market
The insect pest control market has been segmented on the basis of insect type, application, and control method, which are further divided into their subsegments. It has also been segmented on the basis of region into North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW). The market for insect pest control is projected to grow at a CAGR of 5.05% from 2017 to reach USD...