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Industry Experts, Inc. Projects Global Medical Engineered Materials Demand to Touch 38 Billion by 2030 – Market Trends and Forecast 2024-2030

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Industry Experts, Inc unveiled the new global market research report, on Medical Engineered Materials, entitled " Medical Engineered Plastics – A Global Market Overview ". According to this new report, the largest market for medical engineered materials is the medical disposables with an expected US$9.4 billion in 2024 and the segment is also projected to be the fastest growing during the analysis period 2024-2030. In broad terms, Medical Engineered Materials can be referred to as specialized medical-grade materials that are utilized for medical and healthcare purposes. These materials are subjected to a number of design and approval processes, so that they can be used in manufacturing a variety of products and solutions for the medical sector. While North America leads the global demand for Medical Engineered Materials, with a share of over 35% estimated for 2024, Asia-Pacific is likely to emerge as the fastest growth market with growth rate compounded at over 11% during t

Ongoing Transition from Wood Coupled with Growing Emphasis on Sustainability to Drive Demand for Wood Plastic Composites (WPC) to Reach US$10B by 2029

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Industry Experts, Inc published the new global market research report, on Wood Plastic Composites (WPC). As per this new report entitled " Wood Plastic Composites (WPC) – A Global Market Overview ", Building & Construction accounts the largest global share of over 80% market in terms of both volume and value in 2023 while Consumer Goods is anticipated to grow faster with over 10% CAGR during the period 2023-2029. The global WPC market is poised for further growth, driven by the increasing demand for sustainable and eco-friendly materials, advantages over traditional materials, growing demand for outdoor living products, positive momentum in the residential repair and remodeling sector and growth in overall construction and infrastructure development activities across the globe. With ongoing conversion from wood and a growing emphasis on sustainability, the WPC products market is expected to continue expanding in the coming years. Asia-Pacific is the world's largest

IoT, AI and Factory Automation to Drive Demand for Industrial Sensors to Reach $48 Billion by 2029 | Market Report (2023-2029) by Industry Experts, Inc

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Industry Experts, Inc. introduced the new global market research report on industrial sensors. According to this new report entitled " Global Industrial Sensors Market – Sensor Types, Functionality Types and End-Use Sectors ", Asia-Pacific is the largest market for industrial sensors in 2023 with a global share of 31% while North America and Europe closely follow, occupying 25% and 22% respectively in the same year. Industrial sensors offer the capability of perceiving a physical quantity at the input point and transmitting an equivalent electrical output at the output point. Sensors, being devices that convert one form of energy into another, are considered to be transducers. In simple terms, sensors are able to detect their surroundings and transform that input into an output capable of being comprehended by a computer or a process controller. Irrespective of complexity, the role played by industrial sensors in virtually every modern manufacturing process is highly signif

Owing to Unmatched Product Properties, Sulfone Polymers Demand to Reach 92K Metric Tons by 2029 | Market Research Report (2023-2029) by Industry Experts, Inc.

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Industry Experts, Inc. published a 2024 version of the comprehensive global market research report on Sulfone Polymers. The new report entitled " Sulfone Polymers (PSU, PPSU & PESU) – A Global Market Overview " reveals that the Asia-Pacific region has emerged as the largest global volume market for sulfone polymers with a share of 39% estimated at 26 thousand metric tons in 2023 and is projected to reach 37.6 thousand metric tons by 2029 at a faster CAGR of 6.3% between the two years. Sulfone Polymers, also referred to as Polyarylsulfones, form a versatile group of aromatic amorphous thermoplastics, commercially available in three main types: Polysulfone (PSU), Polyethersulfone (PESU), and Polyphenylsulfone (PPSU). Renowned for their transparency, mechanical toughness, and rigidity, these polymers boast high glass transition temperatures and exceptional thermal-oxidative resistance. They exhibit notable resilience against hydrolysis and acidic assaults, alongside easy pr

Demand for Global Medical Adhesives & Sealants Market to Reach $18.5 Billion by 2029 | Market Research Report (2023-2029) by Industry Experts, Inc

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Industry Experts, Inc. released the new market research report on Medical Adhesives & Sealants. According to this global report entitled " Global Medical Adhesives & Sealants Market – Resin Types, Applications and End-Use Sectors ", the Asia-Pacific market is projected to witness the fastest growth due to adoption of these materials across numerous sectors such as dental and surgical and raising disposable incomes in the region. The range of applications for adhesives and sealants the medical sector includes the areas of dentistry & cosmetics, internal & external surgery and medical devices & equipment. Major among the latter comprise prostheses, assistive devices, diagnostic equipment, medical disposable devices and surgical instruments. Natural and synthetic/semi-synthetic are the two key categories of medical adhesives & sealants. Among these, acrylic, silicone, polyurethane, polyethylene glycol and cyanoacrylate are most widely used materials to m

Industry Experts, Inc Projects Global Hydroponics Equipment Market to Reach $8.6 Billion by 2029 Driven by LED Grow Lights | Market Report 2023-2029

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Industry Experts, Inc. introduced the global market research report " Hydroponics Equipment – A Global Market Overview ". According to this new report, HVAC is estimated the largest segment among the Hydroponics Equipment with US$1.4 billion in 2023 accounting for a share of 28.8% while LED Grow Lights segment is projected to grow with a fastest CAGR of 11.3% during the period 2023-2029. Hydroponics equipment is primarily needed for indoor farming and comprises Heating, Ventilation, & Air Conditioning (HVAC) Systems, LED Grow Lights, Irrigation Systems, Control Systems and Material Handling Equipment. These form crucial inputs that need to be considered while setting up a hydroponics farm. While the initial costs of establishing an indoor hydroponics farm might seem expensive, the returns over the longer run more often than not outweigh the initial outlay. Because of this, the extent of hydroponic farming across the globe has been growing quite rapidly. Europe is expect

World Engineering Plastics Demand to Reach 34 Million Metric Tons by 2029 | Research Report 2023-2029 by Industry Experts, Inc

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Industry Experts, Inc. released the 2024 version of an in-depth global market research report " Engineering Plastics – A Global Market Overview ". As per this new report, Engineering plastics sales volumes rebounded to normal growth in 2023 despite general economic uncertainty. Future growth of the engineering plastics market is mainly driven by the established markets of automotive & transportation, electrical & electronics, and appliances. The engineering plastics sector plays a pivotal role in various industries, spanning automotive, electronics, appliances, construction, healthcare, and more. Its robust growth is fueled by the relentless pursuit of high-performance materials that offer durability, versatility, and enhanced mechanical properties. Unlike commodity plastics, which are used for general purposes, engineering plastics are designed for specific applications that demand enhanced performance in challenging environments. Global volume consumption of engin