In 2023, the nickel cobalt manganese market is expected to be worth US$ 2.3 billion. The market is expected to reach US$ 10.0 billion by 2033, expanding at a 15.7% CAGR throughout the forecast period. The increasing sales and production of electric vehicles is a key driver for the NCM cathode materials market. NCM cathodes…
In 2022, sales in the global pharma grade sodium bicarbonate market is anticipated to reach US$ 256.0 Million. By 2028, the market size is expected to reach US$ 315.4 Million, growing at a robust 3.5% CAGR. Pharma grade sodium bicarbonate, also known as baking soda, is a white crystalline powder that is widely used in…
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The India sustainable tourism market size is estimated to be worth US$ 26.01 million in 2022 and US$ 151.88 million by 2032, with a high CAGR of 19.3% between 2022 and 2032. Furthermore, India has a wide variety of natural habitats, including hundreds of kilometres of coastline dotted with magnificent beaches and mangroves. As a result, sustainable tourism is gaining popularity in India….
The China medical tourism market was worth US$ 8.9 billion in 2022, and it is predicted that it will grow at a CAGR of 16.1% to reach US$ 45.98 billion by 2033. Factors such as decreased treatment costs in developing countries, accessibility to the most up-to-date medical technology, boosting compliance with international and local requirements for quality and service, along with promotion and marketing of…
The healthcare landscape is set to undergo a transformative shift with the projected growth of the global genomic urine testing industry. Anticipated to soar from its current valuation of US$ 117.7 million in 2023 to an impressive US$ 251.4 million by 2033, this market is poised for an exponential expansion at a 7.9% Compound Annual…
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The global GMP cleaners industry demand is slated for remarkable growth, anticipated to skyrocket from US$ 412.3 million in 2023 to a projected US$ 790.3 million by 2033, boasting a robust Compound Annual Growth Rate (CAGR) of 6.7% throughout the forecast period. GMP cleaners, meticulously designed to meet stringent criteria and standards for use in…
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The drilling polymers industry size reached US$ 2050.4 million in 2022. Demand for drilling polymers is likely to witness US$ 2132.4 million in 2023. In the forecast period between 2023 and 2033, demand is poised to exhibit a 3.5% CAGR. Revenue is anticipated to cross around US$ 3 billion by the end of 2033. There is a growing demand for environmentally friendly drilling…
Over the forecast period, global agricultural lubricant demand is poised to surge at a CAGR of 5.5%. According to a Future Market Insights (FMI) report, the global agricultural lubricant market value is expected to increase from US$ 484.1 Million in 2023 to US$ 826.7 Million by 2033. Several factors are expected to drive the growth of the agricultural lubricant market during the…
Demand for biomass registered a 6.3% year-on-year growth in 2022, indicating that the Europe market would reach US$ 11,387.5 million in 2023. The Europe biomass pellets market, as reported by Future Market Insights (FMI), reached US$ 10,743.6 million in 2022. Over the forecast period 2023 to 2033, Europe sales of biomass pellets are expected to exhibit a 6.9% CAGR. It is expected to total…
The global bubble tea market is projected to have a rapid-paced CAGR of 9% during the forecast period. The current valuation of the market is US$ 2.72 billion in 2023. The bubble tea market has experienced enormous expansion and appeal in recent years. Consumer demand for unique and exotic beverages is one of the primary drivers of this expansion….
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