As per a report by P&S Intelligence, the connected car market was USD 64,061 million in 2022, and it will propel at an 18.30% CAGR, to touch USD 245,739 million, by 2030. The growth in the industry is mainly credited to the mounting adoption of IoT in the automotive sector, growing requirements for high-end luxury cars, increasing concerns over vehicular … Continua a leggere
The total size of the electric vehicle supply equipment market stood at USD 3,897.5 million in 2022, and it will grow at a rate of 11.7% in the years to come, to reach USD 9,426.2 million by 2030, as per a report by P&S Intelligence. AC chargers led the industry as AC charging is the utmost common charging technique for … Continua a leggere
The agrochemical market was valued at USD 221.7 billion in 2022, it is predicted to reach USD 301.5 billion by 2030, exhibiting a CAGR of 3.9% during the forecast period. This is because of the rising demand for food and growing population which leads to a growth in the demand for fertilizers and nutrients used by farmers in order to … Continua a leggere
Europe Dominated the Recycled Carbon Fiber The size of the recycled carbon fiber market will power at a compound annual growth rate of 7.9% during 2022-2030, to touch a value of USD 310.3 million by 2030. The cost of recycled carbon fiber is lower than virgin carbon fiber. Stiffness, endurance, heat, fatigue, and corrosion resistance are some of the beneficial … Continua a leggere
The World Health Organization (WHO) estimates that nearly 600 million people fall ill and around 420,000 individuals die every year after consuming contaminated food. As per the organization, unsafe food containing harmful parasites, viruses, bacteria, or chemical substances causes over 200 diseases, ranging from cancers to diarrhea. Due to a notable surge in the number of such diseases, the food … Continua a leggere
There is an increasing requirement for metalized caps and closures in the cosmetics industry all over the world. We see a lot of perfumes and other cosmetics being packaged in metallized closures with a metallized cap on top of them. It really gives a classy look to the cosmetics and also provides a much-needed safety to the same. It is … Continua a leggere
The titanium dioxide market will reach USD 24,026.1 million by 2030. Among the 2 main titanium dioxide construction procedures, namely sulfate, and chloride, the sulfate procedure has been utilized more in recent years. The key reason accountable for the growth of this category in the titanium dioxide industry is the fact that not like the chloride procedure, which can only remove titanium dioxide … Continua a leggere
Two-wheeler logistics, a growing facet of city mobility, is altering the way we navigate metropolises. This pioneering method uses the agility and efficiency of motorcycles and scooters to enhance the transportation of goods and people. With congested urban centers and the growing need for quick deliveries, two-wheelers provide a nimble and ecological solution. The global two-wheeler logistics market is witnessing growth and … Continua a leggere
As mentioned by P&S Intelligence, the thermoplastic polyurethane market will propel at a rate of 7.0% in the years to come, to reach USD 5,326 million by 2030. This is mainly credited to the extensive use of TPU in vehicle parts and a range of medical devices. In the medical device sector, this polymer is used to manufacture orthodontic products … Continua a leggere
The smart shipping container market will reach USD 15,341.5 million by 2030, advancing by 18.4% during 2022–2030. This development can be credited to the improved security, temperature regulation, and real-time GPS tracking enabled by these containers. Several metrics, including humidity, temperature, location of the package, and door status, can be monitored via the sensors incorporated into them. Further, The package … Continua a leggere