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Showing posts from October, 2023

Growing Applications in Textile Industry to Drive the Acetic Acid Market

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  acetic acid market  The global acetic acid market is estimated to be valued at US$13.34 billion in 2022 and is expected to exhibit a CAGR of 9.7% over the forecast period of 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Acetic acid is a versatile chemical compound used in various industries such as textiles, food and beverages, pharmaceuticals, and plastics. It is primarily used as a raw material for the production of vinyl acetate monomer (VAM), which finds application in the production of adhesives, coatings, and paints. Its properties such as high solvency, low toxicity, and low vapor pressure make it an ideal chemical for these applications. The demand for acetic acid is driven by the growing textile industry, where it is used as a dyeing and finishing agent due to its ability to impart vibrant colors and improve fabric quality. Additionally, the rising demand for VAM in the construction and automotive sectors furth...

Window Films Market, Overview, Key Trends, Key Takeaways

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  Windows Films Market  The Windows Films Market is estimated to be valued at US$2.64 billion in 2021 and is expected to exhibit a CAGR of 5.71% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Window films are an essential component used in a variety of industries for their numerous advantages. These films offer benefits such as increased safety and security, UV protection, heat reduction, and energy efficiency. With the rising concerns over environmental issues and energy conservation, the demand for window films is expected to witness significant growth. Market Key Trends: One key trend in the window films market is the increasing adoption of energy-saving window films. Energy-saving window films are designed to reduce heat gain during summers and heat loss during winters, thereby improving energy efficiency in buildings. These films have a low emissivity-coated surface, which reflects the i...

Growing Demand for White Biotechnology Drives the Market

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  White Biotechnology Market The global White Biotechnology Market is estimated to be valued at US$207.5 Bn in 2019 and is expected to exhibit a CAGR of 4.7% over the forecast period of 2023-2030 , as highlighted in a new report published by Coherent Market Insights.   Market Overview: White biotechnology refers to the use of biotechnology in industrial processes to produce sustainable and eco-friendly solutions. It involves the use of enzymes, microorganisms, and other biological systems to develop innovative products and processes. The advantages of white biotechnology include reduced environmental impact, lower energy consumption, and improved efficiency in various industries such as agriculture, food and beverage, and healthcare. The growing need for sustainable and green alternatives, in addition to stringent regulations focusing on environmental conservation, are the key factors driving the demand for white biotechnology products. Market Key Trends: One key trend ...

IVD Raw Materials Market Connected with Molecular diagnostic adoption as a part of heading

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  IVD Raw Materials Market  The global IVD raw materials Market is estimated to be valued at US$ 24,340.0 Mn in 2022 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: The global IVD raw materials market comprises raw materials such as proteins, nucleic acids, antibodies, enzymes and others which are the fundamental components required for manufacturing in-vitro diagnostics (IVD) medical devices. IVD medical devices help in diagnosis of diseases and their medical conditions through analysis of human specimens like blood, urine, tissues, or other bodily fluids, avoiding the need for direct examination of a patient. The use of IVD raw materials enables point-of-care testing and prescription of accurate treatment at early stages of diseases. This improves healthcare outcomes and saves lives. Market key trends: One of the key trends driving growth of the IVD raw m...

Growing Demand for Automotive Aftermarket Fuel Additives to Drive Market Growth

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Automotive Aftermarket Fuel Additives Market The global automotive aftermarket fuel additives market is estimated to be valued at US$1.97 billion in 2023 and is expected to exhibit a CAGR of 8.3% over the forecast period of 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: The automotive aftermarket fuel additives market refers to the chemicals and substances that are added to fuel to enhance its performance and efficiency. These additives help in maintaining the cleanliness of the fuel system, improving combustion, reducing emissions, and preventing corrosion. The increasing demand for improved fuel efficiency, stringent emission regulations, and the need to reduce engine wear and tear are driving the market growth for automotive aftermarket fuel additives. Market key trends: One key trend in the automotive aftermarket fuel additives market is the shift towards bio-based additives. With the growing concern for environmental sustainab...

Hydrogen Buses Market Rising Adoption of Sustainable Transportation to Drive Market Growth

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  Hydrogen Buses Market The global hydrogen buses market is estimated to be valued at US$10.78 billion in 2023 and is expected to exhibit a CAGR of 47.7% over the forecast period 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Hydrogen buses are vehicles that use hydrogen as their primary source of fuel, offering a clean and sustainable alternative to traditional gasoline or diesel-powered buses. These buses are equipped with fuel cells that convert hydrogen into electricity, powering the vehicle's electric motor. The adoption of hydrogen buses is increasing due to the growing emphasis on reducing greenhouse gas emissions and air pollution, as well as the need for sustainable transportation solutions. Market Key Trends: One key trend in the hydrogen buses market is the increasing investments and initiatives by governments and automotive manufacturers to promote the adoption of hydrogen fuel cell technology. Countries such as C...

DNA Synthesizer Market Poised for Rapid Growth

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DNA Synthesizer Market  The DNA Synthesizer Market is estimated to be valued at US$4.30 billion in 2023 and is expected to exhibit a CAGR of 20.2% over the forecast period of 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: DNA synthesizers are advanced laboratory instruments used for the synthesis of DNA molecules. These devices are crucial for various applications such as genetic engineering, drug development, and molecular biology research. DNA synthesizers offer several advantages including high-speed synthesis, accuracy, and scalability. The increasing demand for personalized medicine and the rise in genomics research activities are driving the growth of the DNA synthesizer market. Additionally, advancements in DNA sequencing technologies and the expanding biotechnology industry are also fueling market growth. Market Key Trends: One of the key trends in the DNA synthesizer market is the adoption of automated and high-thr...

Cryoablation Devices Market Growing Prevalence of Cancer Driving Market Growth

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  Cryoablation Devices Market The global Cryoablation Devices Market is estimated to be valued at US$ 374.03 million in 2022 and is expected to exhibit a CAGR of 13.70% over the forecast period 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Cryoablation devices are used to freeze abnormal tissues or cells to destroy them. These devices offer advantages such as minimally invasive treatment, shorter recovery time, and reduced risk of complications compared to traditional surgical procedures. The increasing prevalence of cancer and rising adoption of cryoablation as a therapy are driving the growth of the market. The need for effective and less invasive treatment modalities is also contributing to the market demand for cryoablation devices. Market Key Trends: One key trend in the cryoablation devices market is the technological advancements in cryoablation procedures. The development of advanced cryoablation devices with imp...

Biotin Liquid Drops Market to Witness Significant Growth by 2022

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  Biotin liquid drops Market The global biotin liquid drops market is estimated to be valued at US$140.8 million in 2023 and is expected to exhibit a CAGR of 8.3% over the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights. Market Overview: Biotin liquid drops are a popular health supplement known for their hair and nail strengthening properties. They contain high concentrations of biotin, also known as vitamin B7, which is essential for maintaining healthy hair, skin, and nails. Biotin deficiency can lead to hair loss, brittle nails, and unhealthy skin. The increasing awareness about the benefits of biotin liquid drops and the growing demand for natural and organic products are driving the growth of the market. Market Key Trends: One key trend in the biotin liquid drops market is the rising popularity of plant-based biotin supplements. With the increasing demand for vegetarian and vegan products, consumers are seeking plant-ba...

Gas Turbine MRO Market Expected to Increasing Growth With The Rise Adoption Of Advanced Technologies For Gas Turbine MRO

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  Gas Turbine MRO Market The Gas Turbine MRO market is estimated to be valued at US$ 11.56 Billion in 2021 and is expected to exhibit a CAGR of 6.70% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Gas turbines are extensively used in various industries such as power generation, oil and gas, aviation, and marine. The need for regular maintenance, repair, and overhaul of these turbines is critical to ensure their efficient and safe operation. Gas turbine MRO services include activities such as inspections, part replacements, performance optimizations, and troubleshooting. These services help in improving the overall operational efficiency of gas turbines and extend their lifespan, thereby reducing the risk of costly breakdowns. Market Key Trends: One key trend in the Gas Turbine MRO market is the adoption of advanced technologies such as condition monitoring and predictive maintenance. Condition monitor...

Bacillus Subtilis Market Increasing Demand for Eco-friendly Agricultural Solutions

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  Bacillus Subtilis Market The global Bacillus Subtilis Market is estimated to be valued at US$ 70.54 million in 2022 and is expected to exhibit a CAGR of 8.24% over the forecast period, as highlighted in a new report published by Coherent Market Insights. Market Overview: Bacillus Subtilis is a Gram-positive, rod-shaped, spore-forming bacterium that is widely used in agriculture as a biocontrol agent. The market for Bacillus Subtilis is driven by the increasing demand for eco-friendly agricultural solutions. Bacillus Subtilis offers several advantages such as improved seed germination, enhanced nutrient uptake, disease prevention, and increased plant growth. The need for products associated with Bacillus Subtilis arises from the rising concerns over the harmful effects of chemical pesticides and the growing demand for organic food products. Market Key Trends: One key trend in the Bacillus Subtilis market is the increasing adoption of sustainable farming practices. Farmers...

Commercial Refrigeration Equipment Market Growing Demand for Refrigeration Equipment Drives Market Growth

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  Commercial Refrigeration Equipment Market The global Commercial Refrigeration Equipment Market is estimated to be valued at US$ 53.38 billion in 2022 and is expected to exhibit a CAGR of 4.7% over the forecast period from 2023 to 2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Commercial refrigeration equipment includes refrigerators, freezers, display cases, and beverage coolers, among others. These products provide a controlled environment for storing and displaying perishable food and beverages, ensuring their freshness and quality. The need for commercial refrigeration equipment arises from the growing demand for cold storage solutions in various sectors, including retail, food service, and pharmaceuticals. These industries require efficient refrigeration systems to meet regulatory standards and maintain product integrity. Market Key Trends: A key trend driving the commercial refrigeration equipment market is the increasing ad...

Tissue Products Market, Overview, Key Takeaways, key trends

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  Tissue Products Market The global Tissue Products Market is estimated to be valued at US$ 80.99 billion in 2022 and is expected to exhibit a 6.55% CAGR over the forecast period 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Tissue products include toilet papers, paper towels, facial tissues, napkins, and others. These products provide hygiene and absorbency. The increasing demand for hygienic paper products from households and commercial sectors along with growing awareness about health and sanitation are fueling the growth of the tissue products market. Market key trends: One of the key trends witnessed in the global tissue products market is the increasing preference of consumers towards online shopping channels. Earlier, consumers preferred purchasing tissue products from brick and mortar stores. However, with rising penetration of internet and smartphones, consumers are switching towards online shopping due to benefits su...