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Showing posts from January, 2024

Botanical Packaging is Estimated to Witness High Growth Owing to Growing Environmental Concerns

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  Botanical Packaging Market Botanical packaging involves using various plant-based materials like corn starch, wheat starch, soy protein, bamboo, bagasse as raw materials for manufacturing boxes, cartons, bags and wrapping films for packaging applications. These biodegradable materials offer attractive sustainability advantages over traditional petroleum-based plastics. Botanical packaging finds widespread application in food, beverage, pharmaceutical, personal care and homecare industries for primary, secondary and tertiary packaging needs. The global botanical packaging Market is estimated to be valued at US$ 138.24 Bn in 2023 and is expected to exhibit a CAGR of 34% over the forecast period 2024 to 2031.   Market Dynamics: Growing environmental concerns about the menace of plastic pollution have been fuelling adoption of sustainable packaging alternatives globally. One of the key drivers for botanical packaging market is the stringent government policies and regulations being

Bolts Market Growth Accelerated by Rising Demand from Construction Industry

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  Bolts Market Bolts are threaded fasteners that can insert into matching internal threads in another object and are used to fasten two or more objects together. They are commonly used in construction, industrial machinery, vehicles, and other manufactured goods where there is a need for a strong yet reversible connection between components. Bolts help bind structural elements like girders, rails, and beams in buildings and bridges. They ensure reliability and safety in automobiles by holding together chassis, engines, body panels, and other parts. The global bolts market is estimated to be valued at US$ 9.56 Bn in 2023 and is expected to exhibit a CAGR of 18% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics: Rising infrastructural development is one of the major drivers of the bolts market. Rapid urbanization and industrialization around the world has led to increased construction of roads, bridges,

Accelerated adoption of IoT is projected to driving the growth in the Power Management ICs market

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  Power Management ICs Market Power Management ICs or PMICs are integrated circuits used to regulate voltage levels, monitor and isolate supplies in different electronic devices and components. PMICs perform several functions like voltage regulation, battery charging, voltage monitoring, Short-Circuit and Overload Protection, and load switching to efficiently manage power in electronic devices. They are increasingly used in consumer electronics like smartphones, tablets, wearables, and other handheld devices. The global power management ICs market is estimated to be valued at US$ 47999.97 Bn in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics Growing Demand From Consumer Electronics Industry: Consumer electronics like smartphones, tablets, laptops and wearable devices are increasingly using PMICs to manage electric currents and optimize power consumpt

The global Pressure Labels Market Growth Accelerated by Innovation and Superior Performance

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  Pressure Labels Market Pressure labels are self-adhesive labels that are attached to surfaces using pressure without any solvent, water or heat. They are widely used across multiple industries for product identification, promotional and instructional labelling. Advancements in digital printing technologies have enabled rapid, on-demand printing of pressure labels with variable data which has boosted their adoption over conventional labels. Digital printing allows pressure label manufacturers to produce custom labels in small volumes, reducing wastage.   The global pressure labels market is estimated to be valued at US$ 47.88 Bn in 2023 and is expected to exhibit a CAGR of 8.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics: One driver from heading - Advancements in digital label printing technologies have enabled on-demand, variable printing of pressure labels with reduced wastage. This has bo

Podcasting Market is Expected to Witness High Growth Owing to Opportunity in Mobile Audience

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  Podcasting Market Podcasting involves the distribution of audio files through the internet. It allows users to listen to audio shows or tracks on demand. Podcasting has gained immense popularity in recent years as a medium for distributing spoken word audio content, especially among long-distance commuters and mobile users. Podcasting has also emerged as an effective marketing tool, allowing brands to enhance their social media engagement through sponsored or embedded content.   The global podcasting market is estimated to be valued at US$ 39728.27 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics: Podcasting Market is Estimated to Witness High Growth Owing to Rising Social Media Engagement   The podcasting market is expected to witness significant growth over the forecast period owing to rising social media engagement and interactive use ca

The Global Plant Phenotyping Market Growth Accelerated By Adoption Of Deep Learning Technology

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  Plant Phenotyping Market Plant phenotyping is the measurement of physical, physiological, biochemical and molecular attributes of plants to study their structure and function. It enables plant breeders to accurately measure thousands of crop plants under different environmental conditions to identify desirable traits for improving crop yield, stress tolerance and nutrition content. These measurements allow researchers and breeders to evaluate the genetic and phenotypic characteristics required for high-yield crops suitable for sustainable agriculture. The global plant phenotyping market is estimated to be valued at US$ 261.83 Mn in 2024 and is expected to exhibit a CAGR of 2.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics:   Increasing crop yield is one of the key drivers propelling the growth of the plant phenotyping market. Plant phenotyping helps researchers identify traits to develop high

The Global Conformal Coating Stripper Market Poised for Strong Growth owing to Increasing Demand from Electronics Industry

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  Conformal Coating Stripper Market Conformal coatings help improve the reliability and lifetime of printed circuit boards and electronic components by protecting them from various environmental factors. Conformal coating stripper is a chemical solution used to remove conformal coatings from circuit boards and components during rework. It protects electronic assemblies from moisture, dust, chemicals, and temperatures. The global conformal coating stripper market is extensive owing to its wide applications in various end-use industries such as consumer electronics, automotive, aerospace, and defense.   The global conformal coating stripper Market is estimated to be valued at US$ 11.72 Mn in 2023 and is expected to exhibit a CAGR of 4.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics Rising electronics industry is one of the major drivers propelling the growth of the conformal coating stripper mar

Construction Management Software Market Growth Accelerated by Increasing Adoption for Efficient Project Management

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  Construction Management Software Market Construction management software are computer programs that are used by professionals involved in the construction and management of infrastructure projects. These include project managers, engineers, architects, builders and facility managers, who use construction management solutions to plan construction projects efficiently, track schedules, budgets, resource allocation and collaboratively connect distributed teams. The software allows users to centralized project data in one place for greater visibility and control over deadlines and finances. It also helps optimize processes, enhancing productivity through automated workflows and integration with other tools.   The global construction management software Market is estimated to be valued at US$ 2.04 Bn in 2023 and is expected to exhibit a CAGR of 9.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics: O

The Global Construction Safety Net Market Growth Accelerated By Increased Safety Concerns In Infrastructural Projects

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  Construction Safety Net Market Construction safety nets are essential safety equipment used in construction projects to prevent workers and equipment from falling. These nets are installed under structures, bridges, buildings, and other construction sites. They help catch any falling objects or people, thereby minimizing risks of injuries. Stringent worker safety laws across major economies have increased the demand for safety nets significantly.   The global construction safety net market is estimated to be valued at US$ 3.98 Mn in 2024 and is expected to exhibit a CAGR of 5.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics: One of the key drivers for the growth of the construction safety net market is the stringent regulations imposed by government bodies around the world to ensure construction worker safety. Falling from heights continues to be one of the major causes of accidents at constr

The Global Corrosion Protective Coatings Market Growth Accelerated By Rising Infrastructural Developments

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  Corrosion Protective Coatings Market Corrosion protective coatings are coatings applied to metallic surfaces to prevent rusting and corrosion. They typically consist of polyurethanes, epoxies, and acrylics. These coatings prevent corrosion through a barrier between the metal surface and the environment. They protect commercial buildings, pipelines, oil rigs, offshore platforms, and ships. The global corrosion protective coatings market is estimated to be valued at US$ 29.09 Mn in 2023 and is expected to exhibit a CAGR of 4.3% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics: Increasing usage of corrosion protective coatings in oil and gas industry is estimated to drive the growth of corrosion protective coatings market over the forecast period. Oil and gas industry requires extensive use of corrosion protective coatings on pipelines, rigs, offshore platforms, storage tanks and other equipment expo

The Global Crystal Oscillator Market Growth Is Poised To Accelerated By Miniaturization

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  Crystal Oscillator Market Crystal oscillators are quartz crystals that produce electrical signals of a precise frequency when cut and connected in an appropriate electronic circuit. They are used in various electronic devices such as computers, tablets, smartphones, smartwatches, telecommunication equipment, and medical devices for their accuracy and stability. Quartz crystals can produce electrical signals that maintain an accurate and stable beat when they are physically stimulated. The global crystal oscillator market is estimated to be valued at US$ 2594.8 Mn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics: One driver from heading- Wide Applications in Consumer Electronics and Telecommunications Industry. Crystal oscillators find major applications in consumer electronics and telecommunication equipment such as smartphones, computers, TVs, rad

The Global Data Center Networking Market Growth Accelerated By Rise Of Edge Computing &5G Network Rollouts

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  Data Center Networking Market Data center networking involves communication networks that link various servers, storage systems, and servers to end users in data centers. Data centers are highly energy-intensive facilities used by organizations to house their critical applications and data. Data center networking provide interconnection between servers, storage systems, network systems and provides a platform for virtualization. The global data center networking market is estimated to be valued at US$ 27.08 Mn in 2024 and is expected to exhibit a CAGR of 5.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics:   The growing demand for cloud-based applications is one of the major drivers estimated to boost the global data center networking market growth over the forecast period. Cloud computing is gaining traction as it enables enterprises to host data and applications over the internet rather than

Microcrystalline Cellulose Market Growth Accelerated by Expanded Applications

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  Microcrystalline Cellulose Market Microcrystalline cellulose is a partially depolymerized cellulose that is commonly used as a diluent, disintegrant and binder in pharmaceutical tablets and capsules. It helps in extending product shelf life and enhancing drug stability. Additionally, microcrystalline cellulose is often used as an excipient, compression aid and anti-caking agent in baked foods and animal feed. It acts as a bulking agent, texturizer and stabilizer in various food products. The global microcrystalline cellulose market is estimated to be valued at US$ 1349.84 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.   Market Dynamics: The microcrystalline cellulose market is primarily driven by its wide applications in the pharmaceutical industry. Around 60% of all manufactured drugs contain microcrystalline cellulose as it plays a crucial role in improving dru