News

The blister packaging market is expected to witness a CAGR of 7.5% during the forecast period of 2023 to 2031, propelled by the rising demand for convenient and tamper-evident packaging solutions across multiple industries. Blister packaging is a variety of packaging consisting of a pre-formed plastic or aluminium blister cavity and a backing, which is typically made of paperboard or ...

The market for Benzodiazepine APIs (Active Pharmaceutical Ingredients) is anticipated to expand at a CAGR of 3.5% between 2023 and 2031. Benzodiazepines are a class of psychoactive drugs used predominantly for their anxiolytic, sedative, hypnotic, and muscle-relaxing effects. Several factors drive the market for Benzodiazepine APIs, including the rising prevalence of anxiety disorders and insomnia, the expanding geriatric population, and ...

The automotive wheel alignment services market is anticipated to expand at a 4.2% CAGR during the forecast period of 2023 and 2031. This market is essential for sustaining the safety and performance of vehicles, as misaligned wheels can result in uneven wheel wear, decreased fuel economy, and compromised handling. The market revenue of automotive wheel alignment services has consistently increased ...

In recent years, the market for Automotive Camera Cleaning Systems has expanded significantly, propelled by the increasing adoption of advanced driver assistance systems (ADAS) and the growing emphasis on vehicle safety. Automotive camera cleaning systems are designed to ensure the clear and unobstructed visibility of cameras used in a variety of vehicle applications, such as rear-view cameras, surround-view cameras, and ...

The automatic doors market is expected to experience a CAGR of 7.2% during the forecast period of 2023 to 2031, propelled by the rising demand for convenience, safety, and energy efficiency in sectors such as commercial, residential, healthcare, and transportation. During the forecast period, the market is projected to experience significant revenue growth and a robust CAGR. Automatic doors provide ...

The market for air-laid paper napkins is anticipated to grow at a CAGR of 5.5% between 2023 and 2031. Air-laid paper napkins are disposable napkins of superior quality created from a combination of air and pulp fibers. Due to their softness, absorbency, and convenience, they are extensively used in the food service industry, in homes, and at various events and ...

Due to the increasing adoption of artificial intelligence (AI) technologies across a variety of industries, the market for AI governance is expected to expand at a CAGR of 67.3% during the period from 2023 to 2031. Demand for effective governance frameworks and practices to ensure the responsible and ethical use of AI systems drives market revenue. According to industry reports, ...

The market for 1-Decene is growing steadily, propelled by its diverse applications in numerous industries. During the period between 2023 and 2031, the market revenue is expected to grow at a promising CAGR of 6.5%. 1-Decene, also known as decene-1, is a ten-carbon alpha-olefin hydrocarbon. It is produced predominantly through the oligomerization of ethylene or the Fischer-Tropsch synthesis method. Due ...

The market for vertical injection molding machines is anticipated to grow at a CAGR of 4.5% during the forecast period of 2023 and 2031. This market is predominately concerned with the production and sale of vertical injection molding machines, which are used to manufacture plastic products by injecting molten plastic into a mould cavity. The increasing demand for plastic products ...

During the period from 2023 to 2031, the sun lounger market is anticipated to expand at a CAGR of 5%, propelled by the rising popularity of outdoor recreational activities and the rising trend of creating comfortable and luxurious outdoor spaces. Sun loungers, also referred to as chaise lounges or deck chairs, are intended to provide relaxation and comfort while taking ...