The global bitumen market size was USD 104.20 billion in 2022 and is expected to register a revenue CAGR of 5.0% during the forecast period. Rising need for Polymer-Modified Bitumen (PMB) in the construction industry, growth in road construction activities across the globe, and increasing need for bitumen in the roofing sector are some of the major factors driving the bitumen market revenue growth.
The global non-invasive respiratory therapy market size was USD 2.33 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.3% during the forecast period. Increasing prevalence of respiratory disorders is a key factor driving market revenue growth. Non-Invasive Ventilation (NIV) is the administration of oxygen (ventilation support) through a face mask, obviating the requirement for an endotracheal airway. NIV provides comparable physiological benefits to conventional mechanical ventilation by lowering work of breathing and enhancing gas exchange.
The global plant-based beverages market size was USD 17.60 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.1% during the forecast period. Rising lactose intolerance and milk allergies among individuals is primary key factor driving market revenue growth. According to the National Institute of Diabetes and Digestive, and Kidney Diseases, around 68% of the world’s population suffer from lactose malabsorption. Consumers choose plant-based milk since these are lactose-free, cholesterol free, and low in calories.
The global antimicrobial additives market size is expected to reach USD 8.19 Billion in 2032 and register a steady revenue CAGR of 6.6% during the forecast period, according to latest analysis by Emergen Research. Increasing use of silver-based products as antimicrobial additives is a key factor driving market revenue growth. Antimicrobial additives are active additives included in the processing of a material that will hinder the life or growth of microorganisms. These microorganisms include various organisms such as bacteria, mold, fungi, algae, and viruses.
The global thawing system market size is expected to reach USD 248.5 Million in 2032 and register a revenue CAGR of 10.8% in 2032, according to the latest analysis by Emergen Research. The thawing system is used to treat chronic diseases as well as several blood-related problems which is a major factor driving the market revenue growth. Medical thawing is an important stage in blood transfusion since blood and plasma-based products held in extreme cold must be melted before being utilized.
The Agricultural Electric Vehicles (EVs) market is experiencing significant growth as the agriculture industry seeks sustainable and efficient solutions for its operations. Agricultural EVs are vehicles specifically designed for agricultural tasks, such as crop cultivation, harvesting, and transportation. These vehicles are powered by electric motors and utilize rechargeable batteries, offering several advantages over traditional fossil fuel-powered vehicles.
The mmWave (millimeter-wave) Antenna Module Market has emerged as a key player in the telecommunications and wireless communication sectors, enabling the deployment of high-speed and low-latency networks. Millimeter-wave technology operates in the frequency range of 30 to 300 GHz, offering significant advantages in terms of data transfer rates and reduced interference. mmWave antenna modules play a crucial role in facilitating the seamless transmission of data, voice, and video across various applications, including 5G networks, automotive radar systems, and industrial automation.
The global AI-Enabled Medical Imaging Solutions Market is forecasted to be worth USD 4,720.6 Million by 2027, according to a current analysis by Emergen Research. The market for AI-enabled medical imaging solutions is witnessing high demand due to the increased complexities of clinical decision-making. The integration of artificial intelligence in medical imaging has become an important requirement. It has the potential to transform medical imaging in both productivity and accuracy.
The global Isoflavones market is projected to be worth USD 45.22 Billion by 2027, according to a current analysis by Emergen Research. The isoflavones market is observing a high demand attributed to growing cancer incidences. Cancer significantly impacts the societal and economic growth in the US and worldwide and is a major contributor to the cost burden of disease. It has been anticipated that 1,806,590 new cancer cases are likely to be diagnosed in the US in 2020, and 606,520 deaths will occur owing to the disease.
The global Farm Management Software and Services Market will be worth USD 3,015.5 million by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growing focus of the farmers to increase farm efficiency and crop yield. Increasing research and development for the advancement of the farm management software and services is expected to make the technology more cost-effective and accessible for the farmers.
