In 2022, Asia Pacific held the largest share of the global reclamation sand market and is expected to record the highest CAGR in the global reclamation sand market during the forecast period. The demand for reclamation sand is directly proportional to the region’s expansion of the foundry industry. Depletion of Natural Sand Resources Natural sand […]
API Management Market was valued at US$ 4.29 Billion in 2023 and is expected to reach to US$ 35.40 Billion by 2031; it is estimated to record a CAGR of 30.2% from 2023 to 2031
The Asia Pacific API management market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. Enterprises in the region increasingly adopt API management solutions in their core business functions. The growing need for API management across various industries and rising focus of organizations on improving and enhancing existing business […]
3D Metrology Market was valued at US$ 11.56 Billion in 2023 and is expected to reach to US$ 22.71 Billion by 2031; it is estimated to record a CAGR of 8.8% from 2023 to 2031
Rising Requirement for High Productivity by Electronic Manufacturers to Fuel 3D Metrology Market Growth During Forecast Period Electronic devices—including smartphones, tablets, laptops, wearables devices, and home appliances—have become essential in daily life. The demand for electronic devices is continuously increasing worldwide. Companies are working on automating their production facilities to cater to this rising demand. […]
Opioids Market was valued at US$ 12.93 Billion in 2023 and is expected to reach to US$ 15.03 Billion by 2031; it is estimated to record a CAGR of 1.9% from 2023 to 2031
Surging Chronic Pain Incidence Drives Opioids Market Growth Chronic diseases such as cardiovascular disease, cancer, musculoskeletal diseases, and neurovascular diseases critically affect a person’s health by lowering immunity. Moreover, many patients suffering from these conditions experience chronic pain. The diseases mentioned above are most common in adults and the geriatric population. Nevertheless, cases of these […]
Hormone Replacement Therapy Market was valued at US$ 8.46 Billion in 2023 and is expected to reach to US$ 14.82 Billion by 2031; it is estimated to record a CAGR of 7.3% from 2023 to 2031
The hormone replacement therapy market in Asia Pacific is expected to register the highest CAGR during the forecast period. In 2023, North America held the largest market share. Growing adoption of the latest technologies, initiatives by profit and nonprofit organizations, and strategies adopted by key players contribute to the upsurging hormone replacement therapy market size […]
Thermoplastic Adhesive Films Market was valued at US$ 1,757.01 Million in 2022 and is expected to reach to US$ 2,599.37 Million by 2030; it is estimated to record a CAGR of 5.0% from 2022 to 2030
In 2022, Asia Pacific dominated the global thermoplastic adhesive films market. According to a report published by the China Passenger Car Association, in 2022, Tesla Inc. delivered 83,135 made-in-China electric vehicles, indicating growth in sales of electric vehicles from 2021. According to the International Organization of Motor Vehicle Manufacturers, motor vehicle production in Japan reached […]
Alternative Data Market was valued at US$ 5,549.16 Million in 2022 and is expected to reach to US$ 156,230.65 Million by 2030; it is estimated to record a CAGR of 51.8% from 2022 to 2030
The growth in consumer disposable income and changes in their lifestyle and purchasing patterns are contributing to the increased purchasing of goods and products from online platforms. Consumers prefer shopping online as it offers a wide range of products and saves time and money compared to brick-and-mortar stores. In addition, the increasing penetration of the […]
Agriculture Compact Tractors Market was valued at US$ 5,572.4 Million in 2022 and is expected to reach to US$ 7,549.5 Million by 2030; it is estimated to record a CAGR of 3.9% from 2022 to 2030
Increased Demand in Forestry Applications Boosts Agriculture Compact Tractor Market Growth With the progress of the urbanization trend, the demand for wood has increased rapidly across the world. As a result, the adoption of tractors in the woodlots and private forests is growing notably. In Europe, roundwood production increased by 3.8% in 2021, following a […]
Intermittent Catheters Market was valued at US$ 2.67 Billion in 2023 and is expected to reach to US$ 3.83 Billion by 2031; it is estimated to record a CAGR of 4.6% from 2023 to 2031
Surging Prevalence of Urinary Incontinence is the Driving the Intermittent Catheters Market Urinary incontinence (UI) is the most common problem affecting a substantial global population. It results in occasional or minor leaking or uncontrolled chronic urination, in worse cases. The growing prevalence of obesity; the increasing geriatric population; and the rising incidence of chronic diseases […]
Non-Gelatin Empty Capsules Market was valued at US$ 2.33 Billion in 2022 and is expected to reach to US$ 4.64 Billion by 2030; it is estimated to record a CAGR of 9.0% from 2022 to 2030
Non-gelatin empty capsules are widely used in the pharmaceutical and nutraceutical industries as an alternative to gelatin capsules. These capsules are made from plant cellulose or starch derivatives, making them suitable for people with dietary restrictions or religious beliefs that prohibit the consumption of gelatin, among other animal-derived raw materials. In recent years, nutraceutical and […]