The LDPE category is expected to grow at a CAGR of 4.63% from 2023 to 2030. The increasing demand for sustainable packaging materials in the polymers and plastics industry is driving the growth of low-density polyethylene. One of the emerging trends is the increasing preference for biobased polymers in LDPE.
The video post-production services category is anticipated to grow at a CAGR of 13% from 2023 to 2030. Technological advancements such as AI, machine learning, and AR and VR have transformed the way videos are edited post-production.
The global industrial robotics category is anticipated to grow at a CAGR of 10.5% from 2023 to 2030.
The fleet management category is anticipated to witness growth at a CAGR of 16.4% from 2023 to 2030. In 2022, North America accounted for 39% of the market share followed by Asia-Pacific and Europe. North America currently holds a dominant position in the global industry with the U.S.
The global synthetic fibers category is anticipated to grow at a CAGR of 7.4% from 2023 to 2030. The majority of the global textile market is made up of synthetic fibers because of their affordability and functional qualities.
The global HVAC systems category is expected to grow at a CAGR of 6.3% from 2023 to 2030. Office buildings and high-rise structures are increasingly using HVAC systems to control the temperature within the buildings. As a result of growing environmental concerns, there is a rising trend for green buildings, which is in turn expected to drive category growth.
The plasticizers category is anticipated to grow at a CAGR of 5.5% from 2023 to 2030. A plasticizer is a compound or material that is added to a polymer solution in order to enhance its flexibility and plasticity. In the plastics industry, plasticizers are among the most frequently utilized additives.
The crude oil category is expected to grow at a CAGR of 3.42% from 2023 to 2030. APAC accounts for the largest share of the category. The rising energy demand across the world, as well as the adoption of unconventional exploration and production technology, are driving category growth.
The customs brokerage service category is expected to grow at a CAGR of 7.7% from 2023 to 2030. North America held the largest revenue share in 2022 due to a number of factors, including significant industry players' presence, technological developments, and rapid expansion in a variety of sectors, including manufacturing, healthcare, and retail.
The managed mobility services (MMS) category is anticipated to grow at a CAGR of 23.8% from 2023 to 2030. In 2022, the North American region dominated the category with a share of 37%.
