Extruders Market – Market Leader
The extruders market size is estimated to be USD 9.3 billion in 2021 and is projected to reach USD 11.5 billion by 2026, at a CAGR of 4.4% between 2021 and 2026. Growing demand for building & construction end-use industry is expected to support the growth of the extruders market. However, huge investment in R&D and strict rules and technological advancement is restraining the growth of the...
Researchers Predict Strong Growth for AC Drives Market in the Near Future
The alternate current (AC) drive is an electronic device used for controlling the speed of an electric motor by varying the voltage, frequency, and magnetic flux in a motor circuit. It helps in saving energy, enhances efficiency of the system, and reduces motor wear. Moreover, its ease of use, less maintenance, and increasing motor applications across the globe is also boosting the demand for AC drives....