Blog Posts

The global condensing unit market is estimated to grow from USD 23.7 billion in 2020 to USD 35.7 billion by 2026. Thereby, the market is anticipated to witness a CAGR of 8.5 per cent from 2019 to 2026.

The global sodium stearyl fumarate market is witnessing maximum growth due to its lower hydrophobicity property which does not enhance tablet disintegration time, reduce friction, high melting point, compatibility, solubility and a substitute to magnesium stearate.

The global kaolin market size is anticipated to reach USD 5.50 billion by 2026. The market is estimated to expand at a revenue-based CAGR of 3.5 per cent in terms of revenue between 2020 and 2026.

The growth in the global drug eluting stent market was fuelled by the prevalence rate of atherosclerosis globally, apart from sedentary lifestyles, unhealthy food habits, and lack of exercise. The global drug eluting stents market size is estimated to reach USD 8.75 billion by 2026.

The global marine battery market is projected to witness a CAGR of 45 per cent from 2020 to 2026. Due to the implementation of the Sulfur 2020 rule and growing maritime tourism industry, the global marine battery market is anticipated to record this massive growth.

The global small-scale LNG market is believed to record a CAGR of 2.5 per cent from 2020 to 2026. The demand for the global small-scale LNG market is primarily boosted by growing demand for small-scale LNG in various end-use applications, namely, heavy-duty vehicles, marine transport, and industrial and power.

The global spirulina beverages market is projected to grow at a compound annual growth rate (CAGR) of 12.5 per cent from 2020 to 2026. Owing to the growing trend of veganism among the consumers for a healthy lifestyle, the global spirulina beverages market is expected to expand.

Propyl gallate refers to an ester which is formed by the condensation of propanol and gallic acid. Propanol is the main alcohol that is formed naturally in small amounts during the various fermentation process. Whereas, gallic acid is procured from witch hazel, sumac, tea leaves, gallnuts and a variety of other plants.

The global micro displays market has potential for growth owing to the rising demand for EVFs, HMDs, HUDs, projectors, scopes, thermal imaging glasses, and medical equipment in several industries including consumer, military, defence, and aerospace, medical, and automotive.

According to recent studies by Global Market Estimates, the global digital education market size is likely to grow from USD 8.4 billion in 2020 to USD 43.69 billion by 2026. The market is expected to record a Compound Annual Growth Rate (CAGR) of 31.6 per cent during the forecast period.