The global Blowing Agents Market is forecast to reach USD 2.36 Billion by 2027, according to a new report by Reports and Data. Growing demand for polymeric foams, especially polyurethane foams, is driving demand for blowing agents, especially rapid growth in their end-user industries such as construction and appliances. Furthermore, high growth in end-use industries in the Asia Pacific region is also anticipated to fuel the demand for blowing agents even further.
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The global technical Enzymes market size was USD 12.1 Billion in 2022 and is expected to reach USD 20.27 Billion in 2032, and register a revenue CAGR of 6% during the forecast period. The demand for technical enzymes in a variety of industries, including food and beverage, textile, biofuels, and animal feed, is a major factor driving the market revenue growth. Technological enzymes are becoming common because of their capacity to speed up production, use less energy, and produce higher-quality goods.
The global Precision Oncology market is forecast to reach USD 99.72 Billion by 2027, according to a new report by Reports and Data. Precision oncology categories, recent advances in cancer care have been closely associated with genomic medicine. Knowing the genetic mutations of unique tumors holds the promise of giving practitioners a higher capacity to command specific prescriptions to fight specific tumors types. Although, only a few tumors and tumor types have been correlated with specific genetic mutations.
The Global Isoflavones Market is projected to reach USD 35.57 billion in 2027. A major driving force in market growth is the substantial rise in the demand for nutraceutical supplements in all age groups and a global rise in disposable income. For both developed and developing countries, the aging population is becoming a global trend. Consumers worldwide are increasingly concentrating on the quality of life changes and paying very close attention to the foods they consume. Increased health concerns have led to an increase in the use of natural products.
The global cell therapy market is expected to reach USD 9.24 Billion in 2028 and register a steady revenue CAGR of 5.6% over the forecast period, according to latest report published by Reports and Data. Key factors driving global market revenue growth include increasing GMP (Good Manufacturing Practice) certification approvals for cell therapy manufacturing, rising awareness about stem cell therapies, and increasing funds by public and private sectors.
The global Pressure Sensitive Tapes market is forecast to reach USD 82.94 Billion by 2027, according to a new report by Reports and Data. Increasing concerns regarding the light-weighting of automobiles across the globe have led to the increasing adoption of tapes. Traditionally used products, such as fasteners and adhesives, are being replaced by pressure sensitive tapes, due to the benefits they offer.
According to a new report by Reports and Data, the global Ovulation Testing Kits market is forecast to reach USD 665.7 Million by 2027. Ovulation testing kits help determine the timing of ovulation and optimum fertility. There has been a dramatic rise in the number of women who have their babies at age 35 and over in the past four decades. This progression started in the mid-1970s in the U.S. and has proceeded to grow slowly over time. Fifteen percent of birth-giving people today are 35 and older, up from 11% in 2002 and 8% in 1990.
The Agro Textiles Market was valued at USD 4.8 Billion in 2022 and is expected to reach USD 7.1 Billion in 2032 registering a CAGR of 4.5% during the forecast period. The market is expanding primarily as a result of the rising demand for food brought on by population increase and the requirement for sustainable agricultural methods. The demand for higher crop yields is one of the main reasons for enhancing the growth of the agro textiles market. Agro textiles are frequently used in agriculture to protect crops from pests, insects, and birds that can harm or destroy crops.
The global respiratory protective equipment market is forecasted to grow at a rate of 7.3% CAGR from USD 6.02 Billion in 2019 to USD 10.37 Billion in 2027. Due to the adoption of stringent regulatory policies combined with increasing awareness about workplace safety are the main factors driving growth in this market. Rising innovation to develop RPEs with durable and lighter components to sustain the depleting environments is likely to propel growth.
The Aluminum Casting market is forecasted to grow at a rate of 6.3% from USD 49.30 billion in 2019 to USD 78.02 billion in 2027. The growing use of aluminum in vehicles is expected to drive the market in the coming years due to high strength and lightweight. Aluminum through heat treatment can be easily personalized. Because of their useful characteristics, the automotive sector is using an aluminum casting method on a full scale. Strong infrastructure projects are also opening up opportunities for the casting industry in aluminum.