The global sulfur fertilizers market size is expected to expand to USD 7.2 Billion by 2031 at a CAGR of 3.1%. The demand and supply dynamics of the sulfur fertilizers market are shaped by distinct agricultural conditions, regulatory framework, and economic considerations in each region, rendering it a multifaceted and intricate worldwide sector. The necessity of sulfur for plant growth and an increased crop output is the major factor driving the global sulfur fertilizers market.
The growing...
The global oleochemicals market size is expected to expand to USD 52.5 Billion by 2031 at a CAGR of 7.1%. The support for sustainable practices by various governing regulatory bodies around the globe such as EC, REACH, JECFA, ECHA, etc. is a major factor driving the overall oleochemicals market growth. The stringent regulatory approval by them ensures the quality standards and also makes manufacturers invest in research & development to meet the regulatory standards, thereby creating...
The global wax emulsion market size is expected to expand to USD 3.2 Billion by 2031 at a CAGR of 5.5%. The demand for wax emulsions from the paints & coatings, adhesives, textile industry, and others is the major factor in expanding the market. The research & development of wax emulsions to enhance its performance quality such as water resistance, abrasion resistance, etc. is anticipated to be a major factor driving the growth of its entire market for the upcoming years. The major players...
The global ceramic membrane market size is expected to expand to USD 12.4 Billion by 2031 at a CAGR of 8.7%. The demand from the industrial and wastewater treatment industry is the major factor driving the ceramic membrane market. Moreover, stringent legislations by environmental governing bodies across the globe have surged the growth of ceramic membranes owing to their effective and reliable filtration capabilities. The technological advancements in the ceramic membrane industry have...
The global implantable medical device market size is expected to expand to USD 195 Billion by 2031 at a CAGR of 6.7%. The increasing chronic illness around the globe coupled with the technological advancements in medical science, thereby enhancing the capabilities of medical devices is the major factor driving the global implantable medical devices market. There has also been a rise in startups providing neuromodulation in recent years. The heavy investment by the key players in the market...
The global power tools market size is expected to expand to USD 57.7 Billion by 2031 at a CAGR of 6.9%. The rapid infrastructure development worldwide, coupled with increased adoption of battery-powered power tools is the major factor driving the global power tools market. The governments, mainly in emerging economies, are undertaking various infrastructure development projects with aggressive investments, which has surged the sales of power tools globally. Moreover, the technological...
The global submersible pumps market size is expected to expand to USD 17.87 Billion by 2031 at a CAGR of 6.4%. The need for water and wastewater systems coupled with its use in construction, oil and gas, irrigation and mining industries are the major factors driving the global submersible pumps market. Technological advancements in pump systems and its increased efficiency provide multiple new opportunities for the expansion of the submersible pumps market in the upcoming years.
There are...
The global electric vehicle (EV) battery market size is expected to expand to USD 102.8 Billion by 2031 at a CAGR of 16.7%. The electric vehicle supportive programs and regulations around the globe are the major factors for the exponential growth of the global EV battery market. Consumer preference for EVs is driven by increased environmental concerns and a greater emphasis on sustainability, driving the demand for EV batteries. Moreover, with the advancements in battery technology and...
The global dietary supplements market size is expected to expand to USD 310.8 Billion by 2031 at a CAGR of 8.4%. Multiple essential elements propel the worldwide market for dietary supplements. The increased consumer focus on self-health care in the past few years is the major factor contributing to the growth of the global dietary supplements market. The emphasis on healthy lifestyle choices post-COVID-19 pandemic coupled with social media marketing is another major driver of the global...
The global cannabis edibles market size is expected to expand to USD 34.8 Billion by 2031 at a CAGR of 16.8%. In the past few years, the market for cannabis edibles has grown exponentially worldwide due to increasing legalization and relaxation in various regions and changing attitudes toward cannabis use. Edibles offer consumers an alternative to conventional smoking. This includes a wide variety of cannabis-infused products such as chocolates, gummies, and beverages. Several factors,...