The market for bio-based platform chemicals is expected to reach US$ 35.3 billion by 2033, increasing at a CAGR of 7.2% between 2023 and 2033 from an anticipated US$ 17.6 billion in 2023. The bio-based platform chemicals market has become a key actor in the global shift toward environmentally friendly and sustainable industrial processes. Industries are looking for substitutes for conventional...

The global wheel axle market is projected to create an absolute $ opportunity of more than US$ 23 billion, to be valued at more than US$ 87 billion by the end of the forecast period (2019 – 2029), predicts the report recently published by Fact.MR. The wheel axle market plays a crucial role in the transportation and industrial sectors, providing the essential component that enables the...

Global demand for medical sensors is expected to increase at a high-value CAGR of 11% from 2023 to 2033. The global medical sensors market size is valued at US$ 2.32 billion in 2023 and is thus projected to reach US$ 6.59 billion by 2033-end. The medical sensors market has been undergoing significant transformations in recent years, fueled by advancements in technology and increasing demand for...

The global robotic trimmer market is estimated to reach at valuation of US$ 631.3 Million in 2023 and it is projected to grow at a CAGR of 12.8% to reach US$ 2,100.4 million by the end of 2033. The Robotic Trimmer market in the United States has been experiencing substantial growth in recent years, driven by technological advancements, changing consumer preferences, and the increasing demand...

Expanding at a CAGR of 3.5%, the global automotive vibration absorber market is projected to increase from a valuation of US$ 24.45 billion in 2022 to US$ 34.41 billion by the end of 2032. In the ever-evolving automotive industry, technological advancements are constantly reshaping the landscape of vehicle design, safety, and performance. One such innovation that has garnered significant...

phototherapy devices Market are slated to surge at a CAGR of 7% to top US$ 1.5 Bn by 2031. Demand for LED-based phototherapy devices is set to increase at a CAGR of 6% across the assessment period of 2021 to 2031. Phototherapy, a medical treatment that utilizes light to treat various conditions, has witnessed remarkable advancements over the years. The phototherapy devices market, driven by...

The global twin screw extruder market is expected to be worth US$ 1.25 billion in 2023. From 2023 to 2033, the twin screw extruder industry may expand at a CAGR of 4.5%, reaching US$ 1.95 billion. The twin screw extruder market has witnessed significant growth and technological advancements over the past years. Twin screw extruders are versatile machines used in various industries for...

The global Thymus Cancer Treatment Market is valued at US$ 353.5 million in 2023 and is forecasted to increase at a CAGR of 7.5% to reach US$ 728.7 million by the end of 2033. Thymus cancer, also known as thymoma or thymic carcinoma, is a rare malignancy that originates in the thymus gland, a critical organ of the immune system located in the chest. Although thymus cancer is relatively...

global market for nizatidine to flourish at an impressive 9% value CAGR across the 2021-2031 assessment period. Expected valuation for the market by the end of the said decade is likely to reach US$ 12.2 Bn, while as of 2021, the expected market value is US$ 5.1 Bn.The pharmaceutical industry is a constantly evolving landscape, marked by innovations that aim to improve healthcare outcomes and...

According to Fact.MR, demand for compound houttuynia products is expected to incline significantly, registering a CAGR exceeding 10% across the 2021-2031 forecast period. The global herbal supplement market has witnessed significant growth in recent years, with consumers increasingly seeking natural alternatives for health and wellness. One herbal ingredient that has gained attention for its...