Non-Alcoholic Wine Sales Stands at USD 2 billion & is Estimated over US$ B 5.2 billion by 2033

Worldwide demand for non-alcoholic wine is expected to surge at a CAGR of 10% from 2023 to 2033. At present, the global non-alcoholic wine market stands at US$ 2 billion and is estimated to reach a market size of US$ 5.2 billion by 2033. Consumption of alcohol-free wine is predicted to rise at a CAGR … Continue reading Non-Alcoholic Wine Sales Stands at USD 2 billion & is Estimated over US$ B 5.2 billion by 2033

Demand for Whiskey is Set to Grow at a 6% Will Attain a USD 110 Billion Valuation by 2032

During the forecast period of 2022–2032, the worldwide whisky market is expected to grow consistently at a CAGR of 6%. The market is anticipated to grow and reach a global market valuation of US$ 62 billion in 2022. The whisky market is anticipated to reach US$ 110 billion by 2032, thanks to this continued growth … Continue reading Demand for Whiskey is Set to Grow at a 6% Will Attain a USD 110 Billion Valuation by 2032

Low GWP Refrigerants Demand Growing at a CAGR of 11.3% Through 2032

The market for low GWP refrigerants is anticipated to reach USD 25.2 billion in 2022 and USD 73.7 billion by 2032, rising at a CAGR of 11.3% over that time. By the end of 2032, the market for low GWP refrigerants is anticipated to have an absolute monetary opportunity of 48.6 billion dollars. 49% of … Continue reading Low GWP Refrigerants Demand Growing at a CAGR of 11.3% Through 2032

Film Adhesives Revenue is Expected to Reach USD 1.3 Billion by the end of 2033

The market for film adhesives is predicted to reach a value of over US$ 1.1 billion in 2023 and grow at a 2.2% CAGR to US$ 1.3 billion by the end of 2033. In most cases, film adhesion is utilised to attach thin plastic sheets to other materials. For this, a variety of thermoplastics are … Continue reading Film Adhesives Revenue is Expected to Reach USD 1.3 Billion by the end of 2033

Permanent Magnet Synchronous Motors Sales to Reach at a Valuation USD 43 Billion by 2033

From 2023 to 2033, permanent magnet synchronous motor sales are expected to grow globally at a CAGR of 4.2%. So, it is anticipated that the market for permanent magnet synchronous motors would grow from a US$ 28.5 billion valuation in 2023 to a US$ 43 billion valuation by the end of 2033. The emergence of … Continue reading Permanent Magnet Synchronous Motors Sales to Reach at a Valuation USD 43 Billion by 2033

Oleoresins Demand Expands at a CAGR of 6%; US Holds 80% Revenue Share in North America

Oleoresins currently have a global market worth of US$ 1.5 billion, but by the end of 2032, it is expected to reach US$ 2.5 billion in sales. This is due to the 6% CAGR increase in oleoresin demand projected from 2022 to 2032. Over the next several years, it is projected that consumer preference for … Continue reading Oleoresins Demand Expands at a CAGR of 6%; US Holds 80% Revenue Share in North America

Diagnostic Catheters Sales to Reach USD 6 Billion by 2031 with Demand for Imaging Catheters on the Rise

Several reasons, including the increased incidence of chronic diseases, the ageing population, the rising desire for less invasive operations, and the growth in kidney and cardiovascular diseases, are driving the global market for diagnostic catheters. By 2031, sales of diagnostic catheters will more than double, growing at a compound annual growth rate (CAGR) of more … Continue reading Diagnostic Catheters Sales to Reach USD 6 Billion by 2031 with Demand for Imaging Catheters on the Rise

Coating Additives Demand is Being Driven by Rapid Growth in Industrial Applications

The market for coating additives is expected to reach US$ 15.1 billion by the end of 2033, growing at a CAGR of 5.0% from its estimated value of US$ 9.3 billion in 2023. Wide-ranging coating additive benefits such foam control, wetting agents, and dispersion qualities are anticipated to rise strongly during the forecast period, and … Continue reading Coating Additives Demand is Being Driven by Rapid Growth in Industrial Applications

Cargo Hold Coatings Sales is Likely to Progress at a CAGR of 3.6% Through 2028

A form of coating used in ships, railways, aeroplanes, and other freight carriers is called a cargo hold coating. Cargo hold coatings are intended to safeguard freight carriers, as their name suggests. A cargo hold covering is designed to withstand impact, abrasion, and corrosion. Moreover, cargo hold coatings aid in preventing mechanical damage brought on … Continue reading Cargo Hold Coatings Sales is Likely to Progress at a CAGR of 3.6% Through 2028

Headlight Control Module Demand is Expected to Grow at a CAGR Of 4.47% Through The Forecast Period

A growing public concern for safety, particularly as it relates to headlights in cars, has led to growth in the global market for headlight control modules. The main assembly of the headlamp, which is in charge of its proper operation, is made up of headlight control modules. The function covers the vehicle’s low beams, high … Continue reading Headlight Control Module Demand is Expected to Grow at a CAGR Of 4.47% Through The Forecast Period