Research Insight

OEM Insulation Companies - Covestro AG (Germany) and Owens Corning (US) are Leading Players in the OEM Insulation Market

The OEM Insulation market is anticipated to grow from USD 17.99 billion in 2024 to USD 24.80 billion by 2030, at a CAGR of 5.5% during the forecast period.

• Published: February 2025

Livestock Monitoring Companies - Merck & Co., Inc. (US) and GEA Group (Germany) are the Key Players

The livestock monitoring market is projected to reach USD 2.57 billion by 2031 from USD 1.65 billion in 2025 at a CAGR of 7.7% during the forecast period.

• Published: February 2025

Top Companies in Digital Product Passport (DPP) Market - AVL (Austria), Eviden (France), iPoint-systems (Germany), DNV (US) and Siemens (Germany)

The global market for Digital Product Passport (DPP) is anticipated to grow at a compound annual growth rate (CAGR) of 45.7% over the course of the forecast period, from an estimated USD 185.9 million in 2024 to USD 1,780.5 million by 2030. The growing demand for transparent and comprehensive product lifecycle data to enhance sustainability and compliance is driving the growth of the Digital Product Passport (DPP) market. The increasing use of digital tools in industries such as manufacturing, retail, and supply chain management has shifted attention to traceability, circular economy practices, and data-sharing frameworks. Companies are heavily investing in more advanced data collection and analysis techniques and integrating sustainability-driven metrics. This is being augmented by new innovative technologies, including blockchain, that ensure product information is accurate and reliable. Acceleration of DPPs due to the regulation of the Green Deal of the EU also speeds up adoption through the necessity to be transparent in the origin, materials, and potential for recycling in products. Regulations on privacy ensure that there are secure and private methods to maintain product data without violating the current global data protection laws.

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• Published: January 2025

LIB Cathode Conductive Auxiliary Agents Companies - Birla Carbon (India) and Orion S.A. (Luxembourg) are Leading Players in the LIB Cathode Conductive Auxiliary Agents Market

The LIB cathode conductive auxiliary agents market is projected to reach USD 4.32 billion by 2029, at a CAGR of 19.1% from USD 1.80 billion in 2024. Growing at a very rapid pace in automobile, energy storage, consumer electronic, and other applications, LIB manufacturing is highly stimulating the demand for LIB cathode conductive auxiliary agents. Also, due to the high proliferation of electric vehicles, this range and performance must be enhanced further by providing conductivity and energy densities in batteries. Furthermore, the development of renewable energy-based systems demands better energy storage techniques, and, hence, this fuels the high-performance LIB demand. Consumer electronic devices like smartphone, laptop, and wearables are dependent on lithium-ion-based power due to their thinness and huge energy density that has further supported the market demand for cathode conductive agents. With the increasing demand for batteries, manufacturers are more concerned with improving the conductivity, stability, and overall performance of LIBs, making the role of cathode conductive auxiliary agents more critical.

• Published: January 2025

Top Companies in Continuous Thermal Monitoring Industry - Siemens (Germany) and ABB (Switzerland)

The global continuous thermal monitoring market size was USD 1.00 billion in 2024 and is projected to reach USD 1.49 billion by 2030, at a CAGR of 6.8% between 2024 and 2030. The global continuous thermal monitoring market is growing rapidly, due to the growing need from the most important industries for safety, efficiency, and reliability in operations. At the same time, the increasing levels of automation, mounting integration of renewable energy and distributed power systems, and the growing demand for automation are dramatically alarming distances in need. There is a increasing need for relatively accurate temperature monitoring to prevent equipment failure and assure optimal performance. Real-time detection of temperature anomalies facilitated by CTM solutions erases possibilities of downtime and reduction in maintenance costs and supports the condition-based maintenance strategy. The investments in the oil and gas, manufacturing, utilities, and data center markets are getting directed towards energy efficiency and sustainability.

• Published: January 2025

Siemens Healthineers AG (Varian) (US) and Medtronic (Ireland) are Leading Players in the Interventional Oncology Market

The  interventional oncolgy market is projected to reach USD  4.24 billion by 2029 from USD 2.75 billion in 2024, at a CAGR of 9.0% from 2024  to 2029. The interventional oncology market has been growing based on the fact that cancer patients are increasing and there is increased demand for a minimally invasive treatment. Techniques include radiofrequency ablation, microwave ablation, and transarterial chemoembolization, which result in targeted therapeutic options with the least recovery periods and complications of traditional surgeries. Moreover, other factors driving growth in the oncology market have been supportive government initiatives, good healthcare infrastructure, and increasing investment in oncology-focused research and technologies.

• Published: January 2025

Top Companies in SOC as a Service (SOCaaS) Industry - Thales (France), Airbus Cybersecurity (France), NTT (Japan) and Lumen Technologies (US)

The SOC as a Service (SOCaaS) market is estimated to be worth USD 7.37 Billion in 2024 and is projected to reach USD 14.66 Billion by 2030, at a CAGR of 12.2% during the forecast period. The major factors driving the market growth of the SOCaaS market include the escalating complexity and frequency of cyberattacks such as phishing and DDOS, shortage of cybersecurity talent and expertise, rapid advancements in technologies such as AI, ML, and blockchain and growing trends of BYOD, CYOD, and remote work scenarios, and increasing prevalence of customizable security solutions.

• Published: January 2025

Bio-polypropylene Companies - Braskem (Brazil) and Lyondellbasell Industries N.V. (Netherlands) are Leading Players in the Bio-polypropylene Market

The bio-polypropylene market was USD 32,480 thousand in 2024 and is projected to reach USD 1,16,028 thousand by 2029, at a CAGR of 29.0% between 2024 and 2029. Bio-polypropylene is a thermoplastic polymer made from biological resources like vegetable oils and biomass, making it an alternative to conventionally derived polypropylene. This polymer has many of the same properties as conventional polypropylene, such as resistance to fatigue and functionalizes in applications. Since environmental problems of fossil fuels-based plastics are increasing, there is a need for bio-based substitutes such as bio-polypropylene that grows along.

• Published: January 2025

Top Companies in Battery as a Service Industry - NIO (China), Gogoro (Taiwan), XPENG INC. (China), SAIC Motor Corporation Limited (China), and Vinfast (Vietnam)

The battery as a service market is predicted to reach from USD 0.66 billion in 2024 to USD 14.45 billion in 2035 at a CAGR of 32.4%. The battery as a service market is growing rapidly, driven by the increasing adoption of EVs, that gain advantage from reduced upfront costs and flexibility through battery leasing. Cost-effectiveness, particularly for fleet operators and price-sensitive consumers, is a key factor, as battery leasing can lower ownership costs by 30-40%. Further, the global push for renewable energy integration and sustainability further supports the market, with a battery as a service enabling efficient energy storage and promoting battery recycling. Additionally, supportive government policies, incentives for clean energy adoption, urbanization, and the development of EV infrastructure are fueling demand for battery as a service model.

• Published: January 2025

Fluoropolymer Processing Aid Companies - Market Leader in Fluoropolymer Processing Aid Market

In terms of value, the fluoropolymer processing aid market is estimated to grow from USD 1.53 billion in 2024 to USD 1.75 billion by 2029, at a CAGR of 2.7%. Fluoropolymer processing aid market has been expanded as the requirement for high-performance materials in many industrial applications, elevated disposable income and government policies for infrastructure and industrialization. Specific factors that cause the fluoropolymer processing aid market are described above. Further, manufacturers of fluoropolymer processing aid have scope in innovations in product design, customizations of the product, and advanced processing techniques; and fluoropolymer application in aerospace automotive and healthcare industries. In addition to these drivers and opportunities, increasing stringent regulations also stay as major challenges years of market growth.

• Published: January 2025

Automated Storage and Retrieval System Companies - Daifuku Co., Ltd. (Japan) and TGW Logistics Group (Austria) are the Key Players

The global automated storage and retrieval market is expected to grow up to USD 14.80 billion by 2030 from USD 9.86 billion in 2025 at a CAGR of 8.5%. This growth is mainly driven by the increasing requirement for automation within industries such as manufacturing, logistics, and e-commerce. Most businesses look at increasing efficiency while minimizing errors to better utilize available space. Advancements in robotics, AI, machine learning, and IoT have made ASRS acquire capabilities for easy and smooth integration in smart warehouses. The ongoing Industry 4.0 revolution, increasing investment in supply chain automation, and the growing demand for faster and accurate inventory management are driving the adoption of ASRS across the globe.

• Published: January 2025

Top Companies in Wi-Fi Industry - Juniper Networks (US), Fortinet (US), CommScope (US), Cisco Systems (US) and HPE (US)

The global Wi-Fi market size is projected to grow from USD 22.06 billion in 2024 to USD 45.12 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 15.4% during the forecast period. Wi-Fi helps companies transform their digital business operations with secure, high-bandwidth connectivity. Businesses leveraging cloud tools and collaboration systems ensure employees stay connected using Wi-Fi 6 and Wi-Fi 7, which deliver high-performance connectivity in busy environments to meet modern data demands. This transformation drives businesses to upgrade their wireless infrastructure, fueling the adoption of enterprise-grade Wi-Fi solutions.

• Published: January 2025

MSD (US) and Elanco (US) are Leading Players in the Poultry Medicine/Pharmaceuticals Market

The poultry medicine/pharmaceuticals Market is projected to reach USD  6.68 billion by 2029 from USD 5.01 billion in 2024, at a CAGR of 5.9 % from 2024  to 2029. The poultry medicine/pharmaceuticals market has performed gallantly over the years owing to the increase in the consumption of poultry products, the growth of poultry industries, and the improvement of animal health and food safety. Such development is reinforced by the innovations seen in the vaccines and antibiotics and the development probiotics which aim at poultry diseases.

• Published: January 2025

Steel Casting Companies - ArcelorMittal (Luxembourg), Doosan Corporation (South Korea) are Leading Players in the Steel Casting Market

The market for steel casting is approximated to be USD 33.90 billion in 2025, and it is projected to reach USD 42.18 billion by 2029, at a CAGR of 5.6%.

• Published: January 2025

Cancer Vaccines: Innovations, Market Overview, and Future Perspectives

Overview of Cancer Vaccines

Cancer vaccines are one of the key breakthroughs in immunotherapy, seeking to use the body’s defense system against cancer cells. As opposed to infectious disease prevention vaccines, which prevent or treat infectious diseases, cancer vaccines are either specifically designed to prevent cancer development or to treat existing cancers through the stimulation of an immune response against tumor-specific antigens.

• Published: January 2025

Market Leadership - Sleep Software Market

The global sleep software market is forecasted to reach USD 1,569.2 million by 2030 from USD 878.9 million in 2024, at a CAGR of 10.1% during the forecast period. The demand for sleep software is driven by an increased prevalence of sleep disorders and an increased awareness about the impact of sleep health on overall well-being. Advancements in wearable technology, AI integration, and telehealth adoption have enhanced accessibility and personalization. Growing demand for non-invasive solutio ns and the emphasis on mental health further boost the growth of this market. Corporate wellness programs and affordable pricing also contribute to broader adoption.

• Published: January 2025

Honeywell (US) and TDK Corporation (Japan) are Leading Players in the Position Sensor Market

The position sensor market is projected to reach USD 23.40 billion by 2032 from USD 14.53 billion in 2026, registering a CAGR of 8.3% during the forecast period.

• Published: January 2025

Humidity Sensor Companies - Amphenol Advanced Sensors (US) and Honeywell International Inc. (US) are the Key Players

The Humidity Sensor market is projected to grow from USD 3.44 billion in 2025 and is projected to reach USD 4.64 billion by 2030; it is expected to grow at a CAGR of 6.2% from 2025 to 2030. The major factors driving the market growth of the Humidity Sensor market include improved concentration on compact digital humidity sensors that will enhance efficiency and facilitate the design of the devices. Due to the increasing use of IoT devices in agriculture, health sectors, and urban cities, there's a need for humidity sensors to work and measure the environment accurately. The demand for high-performance humidity sensors is further driven by regulations that require high-precision monitoring of the environment. The rapid growth of the application of IoT devices in agricultural, health, and urban city sectors has driven the demand for humidity sensors to perform and monitor environments accurately.

• Published: January 2025

Natural Fiber Composites Companies - Polyvlies Franz Beyer GmbH (Germany) and Bcomp (Switzerland) are Leading Players in the Natural Fiber Composites Market

The natural fiber composites market is projected to grow from USD 0.35 billion in 2024 to USD 0.46 billion by 2029, at a CAGR of 5.3% during the forecast period.

• Published: January 2025

Synthetic Leather Companies - Kuraray Co., Ltd. (Japan) and San Fang Chemical Industry Co., Ltd. (Taiwan) are Leading Players in the Synthetic Leather Market

The synthetic leather market exhibits high growth potential and is projected to reach a market size of USD 93.25 billion by 2029 from USD 71.93 billion in 2024, at a CAGR of 5.3%. Asia Pacific is the largest synthetic leather market that is projected to register the highest CAGR during the forecasted period. This high growth is due to the growing demand from the footwear, automotive, and clothing end-use industry.

• Published: January 2025

Top Companies in Anti-Snoring Devices Market - ProSomnus Sleep Technologies (US) and SomnoMed (Australia) are the Leading Players

Global Anti-Snoring Devices Market Size is estimated to be about USD 0.91 billion in 2024 and estimated to reach about USD 1.45 billion by the year 2029, at a growth rate of CAGR of 9.8% during the forecasted period. The growth in this market is expected to be driven by the increasing incidence of sleep disorders such as sleep apnea; the rising technological advancements in sleep therapy devices; and the growing geriatric population with a subsequent rise in chronic diseases expected to drive the market growth. However, the high cost of oral sleep appliances and complex referral pathways are expected to restrain the growth of this market to a certain extent.

• Published: January 2025

Sodexo (France) and Compass Group PLC (UK) are Leading Players in the US Healthcare Environmental Services Market

The US healthcare environmental services market is projected to reach USD 9,529.4 million by 2029 from USD 6,755.3 million in 2024, at a CAGR of 7.1% during the forecast period.

• Published: January 2025

Top Companies in Gene Transfer Technologies Market - Thermo Fisher Scientific Inc. (US) and Danaher Corporation (US) are the Leading Players

The global gene transfer technologies market is anticipated to reach USD 5.93 billion in 2029 from USD 3.73 billion in 2024, with a significant CAGR of 9.7%. Major growth drivers of the market are seen in the increasing demand for personalized medicine and cell and gene therapies, investments in gene therapy research, expanding applications in vaccine development, and in cancer immunotherapy.

• Published: January 2025

Construction Equipment Market Size & Share - Future Growth Expectations

The construction equipment market is projected to grow from USD 149.7 billion in 2023 to USD 194.7 billion by 2030, at a CAGR of 3.8%. The construction industry is rapidly changing in the wake of exploring the benefits of electric-powered construction equipment which will create a new era of smarter and efficient construction projects.

• Published: January 2025

Top Companies in Vaccine Storage Equipment Market - Azenta Inc. (US) and Thermo Fisher Scientific Inc. (US) are the Leading Players

The vaccine storage equipment market is projected to reach USD  1.21 billion by 2029 from USD 0.86 billion in 2024, at a CAGR 7.2% from 2024 to 2029.

• Published: January 2025

Thermal Interface Materials Companies - Honeywell International Inc. (US) and 3M (US) are Leading Players in the Thermal Interface Materials Market

In 2024 the global thermal interface materials market is estimated to be USD 3.56 billion. It is projected to grow at a CAGR of 9.7% during the forecast period. By 2029, the market is projected to reach USD 5.64 billion. The major factors driving the growth of the market include the expanding electronics production like computers, mobile phones, rise in the telecommunication industry, electric vehicles to name a few.

• Published: January 2025

Smart Labels Companies - Avery Dennison Corporation (US) and Zebra Technologies Corporation (US) are Leading Players in the Smart Labels Market

The global smart labels market size is projected to grow from USD 11.43 billion in 2024 to USD 17.33 billion by 2029, at a CAGR of 8.7% during the forecast period.

• Published: January 2025

Biodegradable Plastic Additives Companies - Market Leaders in the Biodegradable Plastic Additives Market

In terms of value, the biodegradable plastic additives market is estimated to grow from USD 1.49 billion in 2024 to USD 2.20 billion by 2029, at a CAGR of 8.1%. Biodegradable plastic additives market has grown as the biodegradability standards in single-use plastics has increased, integration with bioplastics growth, and focus on food safety and non-toxicity. These factors drive the biodegradable plastic additives market. Also, the biodegradable plastic additives manufacturers have opportunity from customization for high-performance applications, and government incentives and subsidies. Along with the drivers and opportunities, limited feedstock availability and competition are the major restraint for the market growth.

• Published: January 2025

Cortland International (US) and Wireco Worldgroup Inc. (US) are the leading key players in the Synthetic Rope Market

The synthetic rope market is projected to grow from USD 2.97 billion in 2026 to USD 3.85 billion by 2031, at a CAGR of 5.3% during the forecast period. The synthetic rope market is expanding steadily due to rising demand from marine, oil and gas, construction, mining, and sports applications. Manufacturers favor materials such as polypropylene, polyester, nylon, and high-modulus polyethylene because they offer high strength, corrosion resistance, flexibility, and low weight. Growth in offshore activities, cargo handling, and aquaculture operations continues to support consumption worldwide. The increasing emphasis on worker safety and easier handling also encourages the replacement of conventional ropes across industrial sectors and logistics networks, spanning diverse end-use supply chains worldwide.

• Published: January 2025

Top Companies in Trailer Telematics Industry - CalAmp (US), Clarience Technologies (US), Microlise Limited (UK), Samsara (US) and Omnitracs (US)

The trailer telematics market is projected to grow from USD 0.77 billion in 2024 to USD 1.41 billion by 2030 at a CAGR of 10.5%. The growth of this market can be attributed to the increase demand of efficient feet management systems along with growth in cold chain supply in food, pharmaceutical and healthcare sector with strict government regulations.

• Published: January 2025

Top Companies in Bunion Surgery Market - Stryker (US) and Johnson & Johnson Services, Inc. (US) are the Leading Players

The bunion surgery market is estimated to reach USD 606.1 million in 2029, as compared to USD 458.4 million in 2024, with a growth rate of 5.7% in the forecast period. Several key factors drive the growth of the market. First, there is an increasing incidence of bunions, mainly in adults, which raises the demand for proper treatment methods, such as surgery. The advancement of minimally invasive surgery techniques has also made bunion surgery more attractive. These advanced techniques have several benefits, including smaller incisions, faster recovery time, less pain, and fewer complications, making them more attractive to patients. Furthermore, the aging population is also a major driver of market growth because the incidence of foot-related conditions such as bunions increases with age, especially due to issues such as arthritis. All these factors put together create the global demand for bunion surgery.

• Published: January 2025

Top Companies in Graph Database Industry - IBM Corporation (US), Oracle (US), Neo4j (US), DataStax (US), Graphwise (Australia)

The global Graph Database market size is projected to grow from USD 0.51 billion in 2024 to USD 2.14 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 27.1% during the forecast period. The rapid increase in IoT devices produces enormous sets of data from such things as sensors, smart home devices, or industrial machinery. These data relationships pose a problem for traditional databases, while native graph databases and knowledge graph engines are built to handle them. Storing device behaviors, network conditions, and other operational parameters in the form of native graph databases using Graph Neural Networks (GNNs) offers real-time analysis and reports. For example, in smart cities, they can monitor how different IoT devices are connected, traffic patterns, energy usage and consumption, and security systems. Graph databases also enable predictive maintenance and process optimization by uncovering hidden patterns in multimodal datasets. These capabilities make graph databases indispensable for industries aiming to harness the full potential of IoT-driven insights and efficiencies.

• Published: January 2025

Cooling Fabrics Companies - Coolcore (US) and Nan Ya Plastics Corporation (Taiwan) are Leading Players in the Cooling Fabrics Market

The cooling fabrics market is anticipated to grow from USD 2.70 billion in 2024 to USD 4.08 billion by 2030, at a CAGR of 7.1% during the forecast period.

• Published: January 2025

Top Companies in Ultrasound Market: GE Healthcare (US) and Philips Healthcare (Netherlands) are the Leading Players

The ultrasound market is projected to reach USD 13.87 billion by 2030 from  9.32 billion in 2024, growing at a CAGR of 6.8% during the forecast period. The rising prevalence of chronic diseases, including cardiovascular disorders and cancer, drives demand for accurate and non-invasive diagnostic tools. Improvements in ultrasound technology, particularly the integration of AI and 3D/4D imaging and portable devices, enhance diagnostic capabilities, increase accessibility, and provide further impetus for the growth of the market. Another factor which promotes this market is a tremendous increase in demand for point-of-care and home-based diagnostics due to a value shift toward patient-centric health systems. Increasing applications of ultrasound in emerging sectors of musculoskeletal imaging as well as anesthesiology and expansion of healthcare infrastructure in developing nations contributes to the growth of the overall market.

• Published: January 2025

Fiberglass Fabric Companies - Owens Corning (US) and China Jushi Co., Ltd (China) are Leading Players in the Fiberglass Fabric Market

The fiberglass fabric market was USD 9.39 billion in 2024 and is projected to reach USD 13.17 billion by 2029, at a CAGR of 7.0% between 2024 and 2029. Fiberglass fabrics are majorly used in applications such as wind energy, transportation, construction, marine, and electrical & electronics. The developed as well as developing nations around the globe are concentrated on expansion of renewable energy resources and have initiated installations of large wind farms with huge wind turbines. Large quantities of fiberglass fabrics are use to manufacture various structural parts of wind turbines. The growing focus on power generation through wind energy is a major driver for the fiberglass fabric market.

• Published: January 2025

Top Companies in Supply Chain Security Industry - IBM (US) and Emerson (US)

The supply chain security market is estimated to be worth USD 2.52 Billion in 2024 and is projected to reach USD 5.14 Billion by 2030, at a CAGR of 12.6% during the forecast period. The major factors driving the market growth of the supply chain security market include the increasing need to protect operational continuity, data integrity and compliance with regulatory standards. Additionally, two key supply chain security strategies such as Blockchain-Driven Transparency and AI-Powered Risk Management provides all-around visibility and traceability to supply chains and decentralized, immutable records enabled by blockchain ensure that parties can verify authenticity of goods, reduce fraud, and comply with standards set within regulatory frameworks such as drugs and food supplies. Blockchain technology offers enhanced transparency and therefore major supply chain security vendors like IBM and Oracle have adopted blockchain technology to provide all-around visibility and traceability to supply chains. Similarly, AI Powered Risk Management is also quite popular among companies like Microsoft and SAP which uses AI powered risk management to predict anomalies and optimizes operations through artificial intelligence and machine learning.

• Published: January 2025

Top Companies in Precision Diagnostics & Medicine Market - F. Hoffmann-La Roche Ltd (Switzerland) and Gilead Sciences (US) are the Leading Players

The precision diagnostics and medicine market is expected to reach USD 246.66 billion in 2029 from USD 145.53 billion in 2024 at a CAGR of 11.1% during the forecast period. Factors such as the increasing integration of advanced technologies such as Artificial intelligence and machine learning, supported by the rising collaborations between pharmaceutical and diagnostic companies to develop advanced precision medicine solutions, are propelling the market's growth. Additionally, the rising demand for direct-to-consumer testing owing to the growing awareness amongst patients for early and accurate diagnosis and therapy is also supporting the growth in this market. The expanding application of precision medicines to other therapeutic areas and the rising integration of wearable devices to improve precision healthcare offer growth opportunities to players in this market. However, the high cost of precision medicine solutions and the challenges associated with the integration and management of big data in precision healthcare are expected to restrain the growth of this market to a certain extent.

• Published: January 2025

Wood Coatings Companies - The Sherwin Williams company (US) and PPG Industries, Inc. (US) are Leading Players in the Wood Coatings Market

The wood coatings market exhibits moderate growth potential and is projected to reach a market size of USD 15.18 billion by 2030 from USD 12.74 billion in 2024, at a CAGR of 3.0%. Asia Pacific is the largest wood coatings market that is projected to register the second highest CAGR during the forecasted period. This high growth is due to the growing demand from the flooring & decks, furniture, cabinets, and sliding application.

• Published: January 2025

Top Companies in Smart Food Packaging Industry - Amcor plc (Switzerland), Mondi (UK) and Sealed Air (US)

The smart food packaging market is estimated to be valued at USD 26.42 billion in 2024 and poised to achieve an 6.2% CAGR, reaching USD 35.69 billion by 2029, and is experiencing transformative shifts and innovations. The global smart food packaging market is witnessing a healthy rise due to the demand among consumers for sustainability, convenience, and better food safety. As consumers become increasingly ecologically conscious, they move toward more eco-friendly packaging materials, such as biodegradable, recyclable, and even edible packaging. Moreover, the increase in food ordering through online delivery services as well as e-commerce further creates demands for packaging solutions that ensure food freshness and food safety during transit.

• Published: January 2025

Top Companies in Electrical Bushings Industry - ABB (Switzerland), Siemens (Germany) and General Electric Company (US)

The global electrical bushings market is expected to grow from USD 3.67 billion in 2024 to USD 4.77 billion by 2029, at a CAGR of 5.4% during the forecast period. A growing demand for reliable and efficient power transmission and distribution infrastructure to support the increasing energy consumption globally is driving the global electrical bushings market. Investment in renewable energy projects and grid modernization activities, particularly in Asia Pacific and Europe, is driving the demand for advanced bushings with higher voltage tolerance and harsh environments. Technological advancements, like that of Resin Impregnated Paper (RIP) and Resin Impregnated Synthetic (RIS) bushings, are addressing the need for compact, low-maintenance, and high-performance solutions. Moreover, growth is further fueled by the high rate of urbanization and industrial expansion, as well as government incentives for electrification projects. Stringent regulations in matters of energy efficiency and stringent safety standards are encouraging high-quality electrical bushings for widespread deployment.

• Published: January 2025

Asset Management System Companies - Zebra Technologies Corp. (US) and Honeywell International, Inc. (US) are the Key Players

The asset management system market is projected to reach USD 26.41 billion by 2030 from USD 17.64 billion in 2025, growing at a CAGR of 8.4% during the forecast period. Key growth drivers in the asset management system market include the rising adoption of GPS tracking devices, advancements in IoT and AI, and government initiatives and regulations supporting real-time asset management.

• Published: January 2025

Top Companies in Veterinary Vaccines Market: Zoetis (US) and Merck & Co, Inc. (US) are the Leading Players

The veterinary vaccines market size is projected to reach USD 18.46 billion by 2031 from an estimated USD 13.02 billion in 2026, at a CAGR of 7.2%.

• Published: January 2025

Top Companies in Bus Duct Industry - ABB (Switzerland) and Schneider Electric (France)

The global bus duct market is expected to expand significantly to USD 16.60 billion by 2029 from USD 12.91 billion in 2024, at a CAGR of 5.2% during the forecast period. This growth will be driven by the increasing demand for compact and efficient power distribution systems, industrialization, and the adoption of renewable energy sources. Market infrastructure development, primarily in newly emerging economies across Asia-Pacific, is significant in increasing market growth while modernising the existing grids in more developed regions.

• Published: January 2025

Paper Bags Companies - Mondi Group (UK) and International Paper (US) are Leading Players in the Paper Bags Market

The market for paper bags is approximated to be USD 6.06  billion in 2024, and it is projected to reach USD 7.81 billion by 2029, at a CAGR of 5.2%.

• Published: January 2025

BASF SE (Germany) and Archer Daniels Midland (ADM) (US) are Leading Players in the Emulsifiers Market

The emulsifiers market is projected to reach USD 18.15 billion by 2031 from USD 12.15 billion in 2026, at a CAGR of 8.4% during the forecast period. The growth of the emulsifiers market is influenced by a combination of factors across various industries. It is mainly driven by increasing demand for processed and convenience foods, as emulsifiers are used widely to improve texture, stability, and shelf life in baked goods, dairy items, and beverages. Rising health consciousness among consumers has also prompted the development of low-fat and low-calorie food products in which emulsifiers play a key role in maintaining desirable sensory attributes despite fat reduction. The cosmetics & personal care sector is also witnessing an upsurge in demand for emulsifiers because of their critical function in stabilizing formulations for creams, lotions, and other skincare products.

• Published: January 2025

Piezoelectric Devices Companies -CeramTec GmbH (Germany) and CTS Corporation (US) are the Key Players

The global piezoelectric devices market is expected to grow from USD 35.59 billion in 2024 to USD 55.49 billion by 2030 at a CAGR of 7.7% during the estimated period 2024-2030. The major factors driving the market growth of the piezoelectric devices is the increasing demand for polymer-based piezoelectric sensors and films in aerospace and other industries.

• Published: January 2025

Top Companies in Industrial Hemp Industry - Curaleaf Holdings, Inc. (US), Canopy Gowth Corporation (Canada) and Ecofibre Ltd (Australia)

The industrial hemp market is estimated at USD 11.03 billion in 2024 and is projected to reach USD 30.24 billion by 2029, at a CAGR of 22.4% from 2024 to 2029. Increasing investments in research and development are driving the industrial hemp market, which unlocks new applications and enhances product quality. The rising interest in hemp as a rotational crop also contributes to increasing adoption among farmers because of its ability to enhance soil health and support sustainable agriculture. It also opens new avenues for the demand of biodegradable and renewable raw materials for industries such as packaging and automotive. Strategic collaboration between the key players and improvements in extraction technologies are further driving efficiency and innovation, thereby making hemp a versatile commodity with high potential.

• Published: January 2025

Top Companies in Single Use Assemblies Market: Thermo Fisher Scientific Inc. (US) and Sartorius AG (Germany) are the Leading Players

The single-use assemblies market is expected to grow from USD 2.63 billion in 2024 to USD 4.89 billion by 2029, at a CAGR of 13.2%. The single-use assemblies market is growing rapidly, driven by the increasing adoption of these technologies in biopharmaceutical manufacturing. Companies are adopting single-use systems because they are cost-effective, reduce contamination risks, and offer flexibility for scaling production. The rising demand for biologics, including vaccines and monoclonal antibodies, is also a major growth factor. Advances in customizable and modular single-use solutions, along with expanding adoption in emerging markets, are further propelling the market.

• Published: January 2025

Thermoplastic Polyurethane Adhesive Companies - Market Leaders in the Thermoplastic Polyurethane Adhesive Market

The Thermoplastic polyurethane adhesive market size is projected to grow from USD  1.27 billion in 2024 to USD  1.76 billion by 2029, registering a CAGR of 6.7% during the forecast period. Versatile performance properties, growing demands in various industries, and requirements concerning sustainability together drive the demand for TPU adhesives. TPU adhesives exhibit excellent flexibility, durability, and strong bonding strength over a wide range of substrates, making them highly in demand in industries such as footwear, automotive, electronics, and textiles. Excellent heat resistance and chemical stability provide reliable performance under the most demanding conditions, whereas elastic properties support applications requiring flexibility, such as wearable devices and flexible packaging. In addition, the increasing global need for lightweight and environment-friendly solutions has increased the demand level as TPU adhesives assist in weight reduction and can be formulated from renewable or recycled resources.

• Published: January 2025

Top Companies in AI In Media Industry - Google (US), Microsoft (US), IBM (US), Meta (US) and OpenAI (US)

The global AI in media market is projected to register a CAGR of 35.6% during the forecast period, reaching USD 51.08 billion by 2030 from an estimated USD 8.21 billion in 2024. Generative AI is transforming the AI in media market through new opportunities, enabling hyper-personalized media experiences and through animation and transforming animation and visual effects. This technology enhances content creation by artists exploring innovative storytelling techniques and produce unique visuals with higher efficiency. Moreover, AI-driven personalization tailors’ content to individual preferences, promoting deeper audience engagement and satisfaction. This streamlines workflows, reducing costs and time in animation and visual effects, ultimately reshaping how content is produced and consumed in the industry.

• Published: January 2025