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Increased usage of plastic lumber in new construction activities, increased penetration in decking applications, and increased expenditure on residential renovation are key factors driving growth in the plastic lumber market. Plastic Lumber Market size is valued at $5.3 billion in 2022 and is expected to reach a value of $11.5 billion by 2030 at a CAGR of 6.90% during the... Read more
plastic recycling market is experiencing significant growth as the world grapples with the environmental and economic challenges posed by plastic waste. Here’s an overview of the current state of the plastic recycling market and its future prospects: Plastic recycling market size is forecast to reach US$80.20 billion by 2030 after growing at a CAGR of 7.1% during 2024-2030. Plastic recycling... Read more
The rising popularity of flavored alcoholic beverages and healthier alternatives has led to a worldwide demand for ready-to-drink sparkling beverages like soda water. The Global Soda Ash market size is set to grow at a CAGR of 4.2% and to reach $31.12 billion during the period 2024-2030. Club Soda is a carbonated drink added with minerals like sodium bicarbonate, sodium... Read more
Magnetometer Market Size is forecast to reach $2.8 billion by 2030, at a CAGR of 6.5% during 2024-2030. A magnetometer is a device employed to detect, measure, and record magnetic fields. The device measures magnetic flux density in units of Tesla. Given the fact that the magnetic flux density in air is directly proportional to magnetic field strength, the magnetometer... Read more
The trend towards miniaturization and integration enables the development of innovative IoT solutions with enhanced capabilities for object detection, proximity sensing, and gesture recognition, driving the adoption of distance measurement sensors in a wide range of IoT applications. Another significant trend shaping the distance measurement sensors market is the increasing adoption of Light Detection and Ranging (LiDAR) technology for autonomous... Read more
Overview of the Food and Beverages Color Fixing Agents Market The market for color-fixing agents in food and beverages was estimated to be worth USD 3.1 billion in 2022. The industry for food and beverage color-fixing agents is expected to increase at a compound annual growth rate (CAGR) of 5.60% between 2023 and 2032, from USD 3.2 billion in 2023... Read more
India Cyber Security Market: Safeguarding the Digital Frontier In the digital age, where technology has become an integral part of our lives, the need for robust cyber security measures has never been more critical. India, with its rapidly growing digital infrastructure and emerging technology hubs, is not exempt from the ever-increasing threat of cyber attacks. This article provides a comprehensive... Read more
Unveiling the Thriving B2B Cybersecurity Market: A Comprehensive Analysis In today’s interconnected world, where businesses rely heavily on digital infrastructure, the importance of cybersecurity cannot be overstated. The B2B cybersecurity market has witnessed remarkable growth in recent years, as organizations strive to protect their sensitive data from evolving cyber threats. This article aims to provide a strategic and user-friendly analysis... Read more
An Overview of the Market for Vegan Food Vegan food market was estimated to be worth USD 24.2 billion. The market for vegan food is expected to expand at a compound annual growth rate (CAGR) of 16.26% between 2023 and 2032, from USD 27.39 billion in 2023 to USD 73.86 billion by 2032. The vegan food market includes plant-based substitutes... Read more
A recent report published by Market Research Future titled “AI Data Management Market” reveals that the global market was valued at $32.1 billion in 2024. It is projected to grow at a Compound Annual Growth Rate (CAGR) of 23.00% from 2024 to 2032 and reach $136.7 billion by 2032. The global AI data management market is experiencing rapid growth, driven by... Read more