Recycled Plastics Industry The global recycled plastics market size was estimated at USD 51.70 billion in 2023 and is projected to grow at a CAGR of 9.5% from 2024 to 2030. Increasing plastic consumption in the production of lightweight components which are used in various industries including building & construction, automotive, electrical & electronics, and various other...

Omega 3 Supplements Industry The global omega 3 supplements market size was valued at USD 5.58 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.6% from 2020 to 2028. A sedentary lifestyle has resulted in a rising number of chronic diseases, which is expected to propel the product demand. The omega-3 fatty acids aid in decreasing the risk of...

Liquid Biopsy Industry The global liquid biopsy market size was estimated at USD 10.42 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.60% from 2024 to 2030. The market for liquid biopsy is witnessing growth due to factors such as the growing prevalence of cancer, technological advancements in cancer diagnostics, and rising preference for...

Travel Insurance Industry The global travel insurance market size was estimated at USD 27.05 billion in 2024 and is projected to grow at a CAGR of 15.4% from 2025 to 2030. The growth of the market can be attributed to the growing popularity of travel and tourism and the subsequent awareness about buying dedicated insurance coverage covering various unforeseen events, such as flight...

Ammunition Industry The global ammunition market size was estimated at USD 68.57 billion in 2023 and is projected to decline at a CAGR of -11.3% from 2024 to 2030. A rise in the number of terrorist activities and hostilities across the globe is likely to increase the procurement of defense equipment by prominent militaries across the globe, thereby directly benefiting the industry...

Industrial Coatings Industry The global industrial coatings market size was estimated at USD 90.79 billion in 2024 and is projected to grow at a CAGR of 3.7% from 2025 to 2030. The increasing usage of refinish coatings for automotive maintenance, repair, and aftermarket painting to enhance visual appearance, surface protection, and corrosion resistance is expected to propel the demand...

Cosmetics Industry The global cosmetics market size was estimated at USD 295.95 billion in 2023 and is expected to grow at a CAGR of 6.1% from 2024 to 2030. One of the primary factors driving market expansion is the increasing awareness among consumers to enhance their personal appearance. Among millennials, products related to skincare, color cosmetics, and hair care have gained...

The global heat pump market size was estimated at USD 88.7 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2030. Favorable government policies for energy-efficient solutions and lowering carbon footprint are anticipated to boost market growth over the forecast period. Many governments are providing subsidies or incentives and tax credits...

The global nitric acid market size was valued at USD 29.8 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 2.4% from 2023 to 2030.  The growth for the product is expected to be driven by increasing demand for the product from fertilizers formulators and by rising consumption of fertilizers in agrarian economies of the world. Growing demand for...

The global cycling wear market size was valued at USD 5.49 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2020 to 2027.  Market growth is attributed to rise in awareness related to health and fitness among consumers across the globe. There has been a rise in the health-related problems, such as diabetes, high blood pressure, and...