The global wheat protein market was valued at approximately USD 6.77 billion in 2023, and it is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. This growth is expected to be fueled by several key factors, with the primary drivers being the increasing adoption of plant-based diets and the growing number of people embracing vegan diets, particularly...

The global power transformer market was valued at approximately USD 22.83 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. This growth is expected to be driven by several key factors, with the rising demand for electricity in both emerging and developed countries being a major contributing factor. As nations continue to...

The global biopsy devices market was valued at USD 2.25 billion in 2023 and is expected to grow at a CAGR of 7.2% from 2024 to 2030. This growth is primarily driven by several factors, including the rising prevalence of cancer worldwide. As cancer rates increase, the demand for early detection and diagnostic tools, including biopsy devices, is expected to rise significantly....

The global supply chain security market was valued at USD 2.13 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 11.1% from 2023 to 2030. The market growth is primarily driven by the rising frequency of cyberattacks targeting supply chain processes. As more companies digitalize their operations and rely on interconnected systems for logistics,...

The global chromatography resin market was valued at USD 2.47 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2030. This growth can largely be attributed to the increasing demand for chromatography techniques across multiple industries, including pharmaceuticals, chemicals, food & beverage, and other sectors that rely on...

Satellite Internet Industry Overview The global satellite internet market reached a valuation of USD 8,231.47 million in 2022, with projections indicating robust growth at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2030. Satellite internet functions as a wireless network, enabled by satellite dishes both in space and on the Earth’s surface. It offers people in remote areas...

Hydrogen Generation Industry Overview The global hydrogen generation market was valued at USD 170.14 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 9.3% from 2024 to 2030. The growing demand for cleaner fuel sources and increasingly stringent government regulations on the desulphurization of petroleum products are key drivers for this market. Hydrogen...

Aluminum Casting Industry Overview The global aluminum casting market reached a valuation of USD 90.97 billion in 2022, with expectations to grow at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030. A primary driver for this market growth is the increasing utilization of aluminum in the automotive industry, where its high strength and lightweight properties make it an ideal...

Antimicrobial Plastics Industry Overview The global antimicrobial plastic market was valued at USD 37.87 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2022 to 2030. Antimicrobial plastics are synthetic polymers embedded with active antimicrobial additives that inhibit the growth of harmful microbes, including algae, fungi, and mold. The presence...

Structural Insulated Panels Industry Overview The global structural insulated panels (SIPs) market reached a valuation of USD 11.17 billion in 2020 and is anticipated to expand at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2028. Key factors driving this growth include supportive green building standards and energy-efficient regulations, which encourage the adoption of building...