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Furfural Market worth $767 million by 2028

The report "Furfural Market by Raw Material (Sugarcane Bagasse, Corncob, Rice Husk), Application (Derivatives, Solvents), End-Use Industry (Agriculture, Paint & Coatings, Pharmaceuticals, Food & Beverages, Refineries), and Region - Global Forecast to 2028", size is projected to grow from USD 662 million in 2023 to USD 767 million by 2028, at a CAGR of 2.9% from 2023 to 2028.

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December 8, 2023

Antibody Therapeutics Market worth $479.0 billion by 2028

The report "Antibody Therapeutics Market by Format (Monoclonal, Polyclonal, Antibody Fragment, Bispecific), Disease area (Oncology, Autoimmune & Inflammatory, Neurology, Hematology, Infectious), Source (Human, Chimeric), Route (IV, SC) - Global Forecast to 2028 ", is projected to reach USD 479.0 billion by 2028 from USD 247.3 billion in 2023, at a CAGR of 14.1% during the forecast period. The growing advancements in antibody engineering, the growing demand for oncology antibody therapeutics and the increasing clinical pipeline focus on antibody therapeutics are the factors supporting the growth of this market.

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December 7, 2023

Transformer Monitoring Market worth $3.7 billion by 2028

According to a research report "Transformer Monitoring Market by Component (Hardware Solutions, Software Solutions), Type (Oil-Immersed, Cast-Resin), Services (Oil Monitoring, Bushing Monitoring, Partial Discharge Monitoring, OLTC Monitoring), Voltage & Region - Global Forecast to 2028" published by MarketsandMarkets, the Transformer Monitoring market is projected to reach USD 3.7 billion by 2028 from an estimated USD 2.4 billion in 2023, at a CAGR of 9.1% during the forecast period.

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December 7, 2023

Crane and Hoist Industry worth $37.1 billion by 2028

The report "Crane and Hoist Market by Mobile Cranes (Lattice & Telescopic Boom, Crawler, Rough Terrain, All-Terrain, Truck Loader), Fixed Cranes (Industrial, Tower, Ship-to-Shore), Operation (Hydraulic, Electric), Hoist, Industry and Region - Global Forecast to 2028" The global crane and hoist market size is projected to grow from USD 31.5 billion in 2023 to USD 37.1 billion by 2028, at a CAGR of 3.3% during the forecast period. Sustainable demand from construction industry and expansion and upgradation of shipping industry are driving the market.

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December 7, 2023

Microcarriers Market worth $3.3 billion by 2028

The report "Microcarriers Market by Product (Equipment (Single Use Bioreactor, SSB, Cell Counter, Culture Vessel, Filtration), Consumables (Media, Reagent), Beads (Collagen, Cationic), Application (Vaccine, Cell & Gene Therapy), End User - Global Forecast to 2028", is projected to reach USD 3.3 billion by 2028 from USD 2.0 billion in 2023, at a CAGR of 10.0% during the forecast period. growing adoption of microcarriers for cell-based vaccine production, and growing preference for single-use technologies are promoting the growth of microcarriers market. However, limitations in high-density cell culture production might limit the growth of microcarriers market.

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December 6, 2023

Traffic Management Market worth $72.5 billion by 2028

According to a research report "Traffic Management Market by Component (Hardware, Solutions (Route guidance & optimization, Smart Signaling, Traffic Analytics), Services), System (UTMC, ATCS, JTMS, DTMS), Areas of Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the traffic management market is expected to reach USD 72.5 billion by 2028 from USD 42.3 billion in 2023, at a CAGR of 11.4 % during 2023–2028.  

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December 6, 2023

Future of Hydrogen in Automotive worth 1,280 Thousand Units by 2035

According to a research report "Future of Hydrogen in Automotive by Propulsion (FCEV, FCHEV, H2-ICEV), Vehicle Type (Passenger Car, Light Commercial Vehicle, Bus, Truck), and Region( North America, Asia Pacific, Europe) - Global Forecast 2035" published by MarketsandMarkets, the future of hydrogen in automotive is expected grow from 20 Thousand Units in 2022 to 1,280 Thousand Units by 2035, growing at a CAGR of 37.6%.

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December 6, 2023

Metalized Flexible Packaging Market worth $16.8 billion by 2028

The report "Metalized Flexible Packaging Market by Material Type (Aluminum Foil based, Metalized Film), Structure, Packaging Type (Pouches, Bags, Wraps), End-Use Industry (Food, Beverage, Personal Care, Pharmaceuticals), and Region - Global Forecast to 2028", is projected to grow from USD 13.5 billion in 2023 to USD 16.8 billion by 2028, at a CAGR of 4.5% during the forecast period. The market is primarily fueled by a rising need for extended product shelf life and a growing demand for packaging that enhances customer convenience. Nevertheless, market growth is hindered by fluctuations in raw material costs. Additionally, the market is anticipated to experience a boost from the adoption of sustainable and innovative metalized flexible packaging.

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December 6, 2023

Lithium-Sulfur Battery Industry worth $209 million in 2028

The report "Lithium-Sulfur Battery Market by Component (Cathode, Anode, Electrolytes), Type (Liquid, Semi-solid, Solid-state), Capacity (Below 500 mAh, 501 to 1,000 mAh, Above 1,000 mAh), Application (Aerospace, Automotive) and Region - Global Forecast to 2028" The global lithium-sulfur battery market size is expected to grow from USD 32 million in 2023 to USD 209 million in 2028, at a CAGR of 45.6% from 2023 to 2028. A lithium-sulfur battery is a rechargeable battery that employs sulfur as the cathode and lithium as the anode.

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December 5, 2023

Medical Stick-to-Skin Adhesives Market worth $3.7 billion by 2029

The report "Medical Stick-to-Skin Adhesives Market by Product (Acrylic, Silicone, Rubber, Water-based), Backing Material, Type (Electrode, Transdermal, Specialized), Application (Surgery, Wound Care, Ostomy Seals), End User (Hospital, Homecare) - Global Forecast to 2029", is valued at an estimated USD 2.4 billion in 2023 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 7.5% during the forecast period. The increasing prevalence of chronic diseases and the growing aging population globally contribute to the rising demand for advanced wound care solutions, spurring innovation in adhesive technologies for medical applications. Additionally, the surge in outpatient procedures and a preference for minimally invasive treatments propel the use of medical adhesives in various healthcare settings.

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December 5, 2023

Microchannel Heat Exchanger Market worth $26.3 billion by 2028

The report "Microchannel Heat Exchanger Market by Material Type (Metal Based, Ceramic Based), Components (Condenser, Evaporator, Water Coil), Fluid-Mechanism (Single Coil, Dual Coil, Multi Coil), Type, End- Use Industry, and Region - Global Forecast to 2028", size is projected to reach USD 26.3 billion by 2028 from USD 16.1 billion in 2023, at a CAGR of 10.4% during the forecast period. The major drivers for the microchannel heat exchanger market are energy efficient regulations and stringent emission standards, high demand for microchannel heat exchangers in growing HVACR industry, and expansion of data centers driving the need for effective thermal management solutions. Expensive manufacturing of microchannel heat exchangers, and concerns related to durability and reliability of microchannel heat exchangers are considered restraining factors in this market. Whereas usage of microchannel heat exchangers in automotive industry and integrating microchannel heat exchangers in renewable energy systems act as opportunities in the market.

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December 5, 2023

Oil and Gas Pumps Market worth $10.9 billion by 2028

According to a research report "Oil and Gas Pumps Market by Type (Submersible, Non-submersible), Pump Type (Centrifugal, Positive Displacement (Screw, Reciprocating, Progressive Cavity), Cryogenic), Application (Upstream, Midstream, Downstream) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global oil and gas pumps market is projected to reach USD 10.9 billion by 2028 from an estimated USD 8.7 billion in 2023, at a CAGR of 4.7% during the forecast period. Pumps have a critical role in the oil & gas industry. They are used in upstream drilling sites, crude oil pipelines, and LNG export terminals to transport fluids from one process or location to another. In the past, pumps were operated with fixed-speed electric motors. However, variable-speed electric motors have replaced them nowadays. Pumps that are driven by variable-speed drive systems reduce the likelihood of equipment failure by minimizing electrical and mechanical stresses, thereby reducing downtime. Oil and gas pumps are used in upstream, midstream, and downstream applications. The market for oil and gas pumps includes revenues generated by global companies from pump sales. The current study focuses on major pump types such as centrifugal pumps, positive displacement pumps, and cryogenic pumps. The increasing global demand for oil is likely to propel the demand for oil and gas pumps. Moreover, discoveries of new oilfield, will boost the demand for oil and gas pumps.

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December 5, 2023

Property Management Market worth $36.4 billion by 2028

According to a research report "Property Management Market by Offering (Solutions (Facility Management, CRM Software), Services), Ownership, Geographic Location, End User (Commercial, Industrial, Residential, Recreational Marinas), and Region - Global Forecast to 2028" published by MarketsandMarkets, the property management market is projected to grow from USD 24.7 billion in 2023 to USD 36.4 billion by 2028, at a compound annual growth rate (CAGR) of 8.0% during the forecast period. The property management market is expected to grow significantly during the forecast period, owing to various business drivers like the increasing demand for SaaS-based property management solutions for better scalability, the increasing demand for smart building projects and better co-worker spaces, and the growing trend of workplace mobility and remote accessibility also responsible for driving the market’s growth.

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December 5, 2023

Biorational Pesticides Market worth $15.1 billion by 2028

According to a research report "Biorational Pesticides Market by Source (Botanical, Microbial, Non-organic), Type (Biorational Insecticides, Biorational Fungicides, Biorational Nematicides, Biorational Herbicides), Mode of Application, Formulation and Region - Global Forecast to 2028" published by MarketsandMarkets, the global biorational pesticides market will grow from USD 7.5 billion in 2023 to USD 15.1 billion by 2028, growing at a CAGR of 15.2% during the forecast period.

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December 4, 2023

Graphic Film Market worth $36.2 billion by 2028

The report "Graphic Film Market by Product Type (Polyethylene, Polypropylene, Polyvinyl Chloride), Film Type (Opaque, Transparent, Translucent, Reflective), Manufacturing Process, Printing Technology, End-Use Industry, and Region - Global Forecast to 2028", size is estimated to be USD 28.9 billion in 2023, and it is projected to reach USD 36.2 billion by 2028 at a CAGR of 4.6%. Rising population, improving living standards, increasing industrialization, rising automotive industry, and rising urbanization led to an increase in demand for better residential & non-residential complexes, which drives the market of Graphic film during the forecast period. Apart from this, low maintenance cost & installation costs, and rising demand for wrap advertisements, also help in driving the market of Graphic film during the forecast period. The fluctuation in the prices of raw materials is becoming the main restraining factor in this market. However, increasing demand for bioplastic polymer film and continuous advancements in printing techniques provide lucrative opportunities for graphic film producers. Limited recycling options are the major challenge of this market.

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December 4, 2023

Power Electronics Industry worth $61.0 billion by 2028

The report "Power Electronics Market by Device Type (Power Discrete, Power Module, Power IC), Material (Si, SiC, GaN), Voltage (Low, Medium, High), Vertical (ICT, Consumer Electronics, Industrial, Automotive, Aerospace) and Geography - Global Forecast to 2028" The global power electronics market was valued at USD 46.2 billion in 2023 and is projected to reach USD 61.0 billion by 2028, registering a CAGR of 5.7% during the forecast period. Power electronics are crucial in changing electrical energy patterns toward renewables, ensuring enhanced energy efficiency. Additionally, the role of power electronics is anticipated to be significant in the energy management of electric vehicles. In the domain of vehicle power electronics, their primary function is to process and control the flow of electrical energy in hybrid and plug-in electric vehicles.

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December 4, 2023

Surgical Sutures Market worth $5.5 billion by 2028

The report "Surgical Sutures Market by Product (Automated Suturing Device (Disposable, Reuse), Suture Thread (Natural, Polypropylene, Stainless Steel, Antimicrobial)), Application (Cardiac, Gynae, Cosmetic, Ortho), End User & Region - Global Forecast to 2028", is projected to reach USD 5.5 billion by 2028 from USD 4.0 billion in 2023, at a CAGR of 6.4% during the forecast period.

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December 4, 2023

5G Services Market worth $1,002.3 billion by 2028

According to a research report "5G Services Market by Communication Type (eMBB, URLLC, mMTC), End User (Consumers and Enterprises), Application (Industry 4.0, Smart Cities, Smart Buildings), Enterprises (Manufacturing, Telecom, Retail & eCommerce) and Region - Global Forecast to 2028" published by MarketsandMarkets, the 5G Services market is estimated at USD 121.8 billion in 2023 to USD 1,002.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 52.4%. The innovative concept of network slicing in 5G represents a transformative leap in network customization, offering virtual, dedicated slices tailored to the unique requirements of specific applications or services. This capability is a pivotal driver for the diverse range of use cases enabled by 5G technology. For massive IoT deployments, network slicing allows the creation of dedicated slices optimized for handling a vast number of connected devices with varying communication needs. Simultaneously, in ultra-reliable low-latency communication (URLLC) scenarios, such as mission-critical applications in healthcare or industrial automation, dedicated slices ensure the stringent demands for real-time responsiveness and reliability are met. Network slicing thus becomes a crucial proponent in the adaptability of 5G, fostering a flexible and efficient network infrastructure that can accommodate the varied and evolving demands of a multitude of applications and industries.

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December 4, 2023

Social and Emotional Learning Market worth $10.3 billion by 2028

According to a research report "Social and Emotional Learning Market by Offering (Solution, Services), Solution (Social & Emotional Learning Platform, Social & Emotional Learning Assessment Tool), Service, End User, Core Competency, Type & Regions - Global Forecast to 2028" published by MarketsandMarkets, the Social and Emotional Learning market size is projected to grow from USD 3.6 billion in 2023 to USD 10.3 billion by 2028, at a CAGR of 23.6% during the forecast period, according to MarketsandMarkets. SEL has been rising among educators internationally to assist children and adults in their personal and professional lives to overcome anxiety, despair, and aloofness. Educational stakeholders proactively include SEL in their curricula to deal with student’s emotions, stress, anxiety, and hostile conduct. Despite the outdated idea, SEL is becoming more popular among educators, parents, and the healthcare industry. SEL is essential to education and human development. It involves equipping youth and adults with the skills, knowledge, and attitudes to understand and manage their emotions, build healthy identities, foster empathy, establish positive relationships, make responsible decisions, and achieve personal and collective goals.

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December 1, 2023

Digital Printing for Tableware Industry worth $452 million by 2029

The report "Digital Printing for Tableware Market by Application (Ceramic & Porcelain, Glass, Plastic, Bone China, Earthenware, Stoneware), Ink type (Ceramic ink, UV ink, Solvent-based ink) and Region (North America, Europe, APAC, RoW) - Global Forecast to 2029" The Digital Printing For Tableware market is projected to reach USD 452 million by 2029 from USD 326 million in 2024; it is expected to grow at a CAGR of 6.8% from 2024 to 2029.

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December 1, 2023

Sensor Fusion Market for Automotive worth $3.3 billion by 2030

According to a research report "Sensor Fusion Market for Automotive by Level of Autonomy (L2, L3, L4), Vehicle Type (Passenger Cars, LCV, HCV), Electric Vehicle Type (BEV, PHEV, FCEV), Sensor Platform, Fusion Level (Data, Feature), Sensor Type, Algorithm, Region - Global Forecast 2030" published by MarketsandMarkets, the global Sensor fusion market for automotive is projected to grow from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, registering a CAGR of 42.4%.

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December 1, 2023

Pharmaceutical Excipients Market worth $14.9 billion by 2028

The report "Pharmaceutical Excipients Market by Product (Organic (Oleochemicals, Carbohydrates) Inorganic (Calcium Carbonate), Functionality (Fillers, Binders, Lubricants, Diluents), Formulation (Oral, Parenteral), Application (Stablizers) - Global Forecast to 2028", is projected to reach USD 14.9 billion by 2028 from USD 10.7 billion in 2023, at a CAGR of 6.8% during the forecast period of 2023 to 2028.

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December 1, 2023

Super Absorbent Polymers Market worth $13.2 billion by 2030

The report "Super Absorbent Polymers Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, Bio-Based Sap), Application (Personal Hygiene, Agriculture, Medical, Industrial), And Region - Global Forecast to 2030", is projected to reach USD 13.2 billion by 2030, at a CAGR of 6.3% from USD 8.7 billion in 2023.

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December 1, 2023

NLP in Healthcare & Life Sciences Market worth $11.8 billion by 2028

According to a research report "NLP in Healthcare & Life Sciences Market by Offering, NLP Type (Statistical, Neural), NLP Technique (Sentiment Analysis, Topic Modeling), Application (Clinical Trial Matching, Clinical Decision Support), End User and Region - Global Forecast to 2028" published by MarketsandMarkets, the global market for NLP in Healthcare & Life sciences market is projected to grow from USD  2.7 billion in 2023 to USD 11.8 billion by 2028, at a CAGR of 34.4% during the forecast period. NLP transforms healthcare by decoding text data, empowering efficient patient care. It aids healthcare staff in decision-making, medication management, and precise record-keeping by smartly analyzing medical information. NLP fosters evidence-based practices and encourages patient involvement in their healthcare journey. Its growth signifies improved treatments, streamlined workflows for healthcare professionals, and a more informed patient community. This symbiotic relationship between technology and healthcare promises a brighter, more accessible future in the medical landscape.

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November 30, 2023

Electric Vehicle Tires Market worth $11.2 billion by 2030

According to a research report "Electric Vehicle Tires Market by Propulsion (BEVs, PHEVs, HEVs, & FCEVs), Vehicle Type (Passenger Cars, Light Commercial Vehicles), Load Index, Application, Rim Size (13-15”, 16-18”, 19-21”, & >21”), Sales Channel & Region - Global Forecast to 2030" published by MarketsandMarkets, the global electric vehicle tires market size is projected to grow from USD 2.8 billion in 2023 to USD 11.2 bxeeillion by 2030, at a CAGR of 21.7%. The rise in focus towards e-mobility is expected to increase the demand for electric vehicle tires. Also, the strong policies set by the regulatory bodies and governments to combat carbon effluents from passenger and commercial vehicles is anticipated to promote the revenue growth of electric vehicle tires market.

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November 30, 2023

Meat Products Market worth $68.9 billion by 2028

According to a research report "Meat Products Market by Animal (Beef, Pork, Poultry), Type (Processed, Frozen, Canned/Preserved, Chilled, Fresh), Distribution Channel (Retail, Food Service, E-Commerce), Nature, Packaging, and Region - Global Forecast to 2028" published by MarketsandMarkets, the global meat products market is estimated at USD 44.3 billion in 2023 and is projected to reach USD 68.9 billion by 2028, at a CAGR of 9.2% during the forecast period. The consumption of poultry meat has increased across nearly all countries and regions. Consumers are drawn to poultry for its affordability, product consistency, adaptability, and higher protein/lower fat content. On a per capita basis, the substantial growth rates in poultry consumption underscore its significant contribution to the national diets of several densely populated developing countries. These countries include China, India, Indonesia, Malaysia, Pakistan, Peru (anticipated to surpass the United States as the second-largest per capita consumer), the Philippines, and Vietnam.

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November 30, 2023

Transdermal Patches Market worth $8.0 billion by 2029

The report "Transdermal Patches Market by Type (Drug-in-adhesives, Matrix, Reservoir Membrane), Adhesive (Acrylic, Silicone, Hydrogel), Application (Pain, CVS, Hormonal), Distribution Channel (Pharmacy (Retail Online, Hospital)), End User - Global Forecast to 2029", is projected to reach 8.0 USD billion by 2029 from USD 6.2 billion in 2023, at a CAGR of 4.5% from 2023 to 2029. The factors driving the growth of the global transdermal patches market include the rising prevalence of chronic diseases, the expanding use of analgesic patches, technological developments in transdermal patches, and the shift from traditional injections to transdermal patches. However, during the expected duration, factors such as medication failures, recalls of transdermal drug delivery systems, and escalating healthcare facility expenses are anticipated to limit the market's expansion to a certain degree.

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November 30, 2023

3D Printing Robot Industry worth $3.2 billion by 2028

The report "3D Printing Robot Market by Component (Robot Arms, 3D Printing Heads, Software), Robot Type (Articulated Robots, Cartesian Robots, SCARA Robots, Polar Robots, Delta Robots), Application, End-user Industry and Region - Global Forecast to 2028" The 3D printing robot market is projected to grow from USD 1.6 billion in 2023 and is estimated to reach USD 3.2 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 14.6% from 2023 to 2028. The growth of the 3D printing robot market is driven by reliance on automated solutions to conduct repetitive tasks and improve workplace safety, and rising awareness about higher degree of freedom offered by 3D printing robots than traditional printers.

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November 30, 2023

Technical Insulation Market worth $13.4 billion by 2028

The report "Technical Insulation Market by Material Type (Hot, Cold-Flexible, Cold-Rigid), Application (Heating & Plumbing, HVAC, Refrigeration, Industrial Process, Acoustic), End-use (Industrial & OEM, Energy, Transportation), and Region - Global Forecast to 2028", is projected to grow from USD 10.3 billion in 2023 to USD 13.4 billion by 2028, at a CAGR of 5.3% during the forecast period. Technical insulation has gained widespread acceptance across diverse industries, including industrial & OEM, energy, transportation, and commercial buildings. The industry is poised for growth due to stringent regulations governing the insulation of equipment and pipes, coupled with increasing demand in the oil & gas sector. These factors are anticipated to drive the expansion of related industries, thereby contributing to the overall growth of the technical insulation market.

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November 30, 2023

Sustainable Aviation Fuel Industry worth $16.8 billion by 2030

The report "Sustainable Aviation Fuel Market by Fuel Type (Biofuel, Hydrogen Fuel Cell, Power to Liquid, Gas to Liquid), Biofuel Manufacturing Technology, Blending Capacity (Below 30%, 30% to 50%, Above 50%), Platform and Region - Global Forecast to 2030" The global Sustainable Aviation Fuel market size is projected to grow from USD 1.1 billion in 2023 to USD 16.8 billion by 2030, at a CAGR of 47.7% from 2023 to 2030. The sustainable aviation fuel (SAF) market is witnessing substantial growth, driven by key factors. The growing awareness of climate change and the imperative to reduce carbon emissions in the aviation industry serve as primary catalysts, compelling airlines to embrace SAF as a cleaner alternative to conventional jet fuels. Market expansion is further propelled by regulatory initiatives and mandates from entities such as the International Civil Aviation Organization (ICAO) and various governments. Increasing investments in research and development, aimed at improving SAF production efficiency, along with advancements in feedstock technologies, contribute significantly to the sector's upward trajectory. Collaborations among airlines, manufacturers, and biofuel producers play a crucial role in scaling up SAF production, fostering a more sustainable future for air travel.

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November 29, 2023

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