Wood-plastic Composites Industry Size, Leaders Outlook 2024 & New Revenue Pockets
The wood-plastic composites market industry size is projected to grow USD 7.5 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 9.8% from 2023 to 2028. During the forecasted years, long life cycle, along with low maintenance cost of wood-plastic composites, growing economies of emerging countries across the globe, rapid urbanization is some of the factors driving the...
Industrial Utility Communication Companies – General Electric (US) and Siemens (Germany) are Leading Players
The industrial utility communication market is projected to reach USD 4.2 billion by 2028, at a CAGR of 6.0% from USD 3.1 billion in 2023. The industrial utility communication market is experiencing robust growth due to several key factors and opportunities. The market growth is driven by factors such as growing demand for automation and industrial wireless communication systems. The exponential growth ...
Metal Recycling Market Industry Outlook 2024 & New Revenue Pockets
The metal recycling industry size is projected to grow from USD 551.9 billion in 2024 and is projected to reach USD 767.9 Billion by 2029, at a CAGR of 6.8%. Metal recycling involves converting ferrous and non-ferrous scrap into new products, preventing the loss of valuable materials, reducing energy consumption, and minimizing environmental pollution. The process typically includes stages such as...
Activated Carbon Market Industry Size, Leaders Outlook 2024 & New Revenue Pockets
The activated carbon industry size is projected to grow from USD 4.4 billion in 2023 to USD 8.4 billion by 2030 at a CAGR of 9.8%. Activated carbon, also known as activated charcoal, is a highly porous form of carbon with an extensive surface area, making it an exceptional adsorbent material. Produced by heating carbon-rich substances in the absence of oxygen, it effectively removes impurities and...
Gas Separation Membranes Market Industry New Revenue Pockets, Recent Developments & FAQ
The global gas separation membrane market size is estimated to be USD 1.0 billion in 2023 and projected to reach USD 1.6 billion by 2030, at a CAGR of 7.4%, between 2023 and 2030. The demand for gas separation membranes is anticipated to surge, driven by the growing emphasis on sustainability and the need to mitigate greenhouse gas emissions through the separation and capture of CO2 from industrial...
Metal Recycling Market Industry New Revenue Pockets, Recent Developments & FAQ
The metal recycling market size is projected to grow from USD 551.9 billion in 2024 and is projected to reach USD 767.9 Billion by 2029, at a CAGR of 6.8%. Metal recycling involves converting ferrous and non-ferrous scrap into new products, preventing the loss of valuable materials, reducing energy consumption, and minimizing environmental pollution. The process typically includes stages such as collection...
Phase Change Material Market Industry Leaders
In terms of value, the phase change materials market industry is estimated to grow from USD 628 million in 2024 to USD 1,383 million by 2029, at a CAGR of 17.1%. Rising demand for phase change materials from industries such as building & construction, HVAC, cold chain & packaging, thermal energy storage, refrigeration & equipment, textiles, electronics, and others for a variety of applications...
Elevators & Escalators Market Industry Analysis & Overviews 2024
Elevators & Escalators Market Industry Recent Developments Analysis, Overviews Trends Share, Industry Size Forecast & FAQ
The elevators and escalators market is projected to grow from USD 152.1 billion in 2023 to USD 207.4 billion by 2028 at a CAGR of 6.4%. A growing awareness of energy efficiency and environmental impact has led to the development of eco-friendly and technologically...
Core Materials Market Industry Leaders
The market for core materials is likely to grow significantly over the next years, rising from USD 1.6 billion in 2023 to USD 3.0 billion by 2028. Over the course of the projection period, this growth is anticipated to occur at a compound annual growth rate (CAGR) of 13.5%. Numerous industries, including wind energy, maritime, automotive & transportation, aerospace & military, construction,...
FEP Heat Shrink Medical Tubing Market Industry New Revenue Pockets
The market size of FEP heat shrink medical tubing is estimated to be USD 145 million in 2024, and it is projected to reach USD 208 million by 2029 at a CAGR of 7.4%. FEP heat shrink medical tubing is made from a polymer material known as fluorinated ethylene propylene (FEP). When subjected to heat, this tubing undergoes a reduction in diameter, tightly conforming to the objects it encloses. Widely...