Industry Experts - Market Research Reports, Industry Analysis, Custom Research

Industry Experts, Inc., has released its latest report on the Battery Energy Storage Systems (BESS) market . As per this global report, the market for BESS is estimated at US$13.7 billion in 2024 and projected to reach US$43.4 billion by 2030 at a 2024-2030 CAGR of 21.3%. Some of the factors instrumental in driving demand for Battery Energy Storage Systems include transition to clean energy, decreasing costs of batteries, increasing energy demand & grid strain, government initiatives & policies, enhanced grid reliability & resilience, technological advancements, growing adoption of electric vehicles (EVs), demand for energy independence & cost savings and rural electrification & off-grid solutions In addition to being the largest global market for Battery Energy Storage Systems , with an estimated 2024 share of 42.2%, Asia-Pacific is also slated to be the fastest growing, forecast to reflect a 2024-2030 compounded annual rate of 36.1%. A major factor ...

Industry Experts, Inc., has published its latest report on the Agricultural Surfactants Market . As per this new report, the global agricultural surfactants market is valued at US$1.8 billion in 2024 and is expected to reach US$2.6 billion by 2030, registering a CAGR of 6.5% over the forecast period 2024-2030. The agricultural surfactants market is primarily driven by the growing demand for enhanced crop protection and increased agricultural productivity in response to rising global food requirements. Surfactants improve the efficiency of herbicides, pesticides, and fertilizers by enhancing their spread, penetration, and adhesion, thereby reducing chemical wastage and input costs. Raising farmer awareness about how surfactants enhance fertilizer efficiency, improve soil conditions, and minimize water drift also aids in market growth. The shift towards sustainable farming is driving the development of bio-based, biodegradable surfactants that comply with environmental regu...

Industry Experts, Inc., has released its latest report on the Omega-3 Polyunsaturated Fatty Acids (PUFAs) Market . According to this new report, global value demand for Omega-3 PUFAs is projected to rise at a CAGR of 2.4% between 2024 and 2030 reaching US$2.54 billion by 2030 from an estimated US$2.2 billion in 2024. In volume terms, consumption of Omega-3 ingredients worldwide is forecast to reach close to 200 thousand metric tons by 2030. Omega-3 Polyunsaturated Fatty Acids (PUFAs) are widely recognized for their considerable health benefits. They play a crucial role in promoting cardiovascular health and are also associated with protective effects against a variety of health conditions, including cancer, birth defects, diabetes, arthritis, cognitive decline, depression, and several others. These essential fatty acids are not produced by the body in sufficient quantities and must be obtained through diet or supplements. Historically, fish oils have been the primary sour...

A new report from Industry Experts Inc, on " Synthetic Vitamin E Market ," is released. According to this global market research report, as a result of supply shortages and firm demand, the global synthetic vitamin E market rebounded in value to US$1.6 billion in 2024, marking a 57% increase from the previous year. The global synthetic vitamin E market declined sharply, with total demand falling by 19.5% to US$1 billion, in 2023. This downturn was primarily driven by exceptionally low vitamin E prices and a persistent destocking cycle across the supply chain. However, the market reversed course in 2024 amid severe supply disruptions and geopolitical challenges. A major fire at BASF's Ludwigshafen plant on July 29, 2024, resulted in a Force Majeure declaration affecting vitamin E, vitamin A, and carotenoid production. BASF announced that production would not resume before July 2025. Asia-Pacific region leads the global Synthetic Vitamin E volume market with a...

A new report from Industry Experts Inc, on " Glass Fiber Market ," reveals that the global demand for glass fibers is projected to reach 8.4 million metric tons by 2030, growing at a CAGR of 4.7% between 2024 and 2030. In value terms, the market is expected to reach US$12.3 billion by 2030. The year 2023 marked an exceptionally challenging period for the global glass fiber and composites industry. Slower-than-expected demand growth across major application areas, compounded by the effects of earlier overexpansion, especially in China, caused inventory levels to spike. Smaller manufacturers, under financial strain, initiated aggressive price reductions, driving prices of standard products like direct yarn to historic lows. The glass fiber industry demonstrates both cyclical and growth characteristics. Traditional sectors like construction and industrial equipment show cyclic behavior, while emerging applications such as lightweight vehicles, 5G infrastructure, win...

A new report from Industry Experts Inc, on " Aseptic Packaging Market ," reveals that the global Aseptic Packaging market is anticipated to be valued at US$7.7 billion in 2024 and is expected to grow to US$14.2 billion by 2030, reflecting a CAGR of 10.8% during the forecast period 2024-2030. The global aseptic packaging market is witnessing robust growth driven by increasing demand for convenience and ready-to-eat foods, as well as preservative-free food and beverages. Aseptic packaging extends product shelf life without refrigeration, making it an ideal choice for modern lifestyles and regions with limited cold chain facilities. The increase in urban population and disposable income is fueling demand for dairy products, functional beverages, and packaged foods. Furthermore, the increasing focus on food safety, hygiene, and nutritional preservation is promoting the use of sterile packaging methods. This phenomenon is fueling the demand for aseptic packaging. Asi...

A new report from Industry Experts Inc, on " Anti-Counterfeit Packaging Market ," is released. According to this new market research report, the global market for Anti-Counterfeit Packaging is estimated at US$170.8 billion in 2024 and is projected to reach US$334 billion by 2030, with a CAGR of 11.8% during the forecast period 2024-2030. The Anti-Counterfeit Packaging Market is witnessing significant growth driven by rising concerns over product authenticity, consumer safety, and brand integrity across pharmaceuticals, food & beverages, electronics, and luxury goods. The rise in e-commerce has strengthened the threat of counterfeit goods, fueling the demand for safe and advanced packaging solutions. Technologies such as RFID, QR codes, NFC, and holograms are increasingly utilized for real-time authentication and enhanced supply chain transparency. North America holds the largest share of the global anti-counterfeit packaging market, with a share of 39.3% in 2...

Industry Experts, Inc., has published the market research report on Aquafeed Market . According to this new report, the demand for Aquafeed is estimated at US$67.8 billion in 2024 and projected to reach US$96 billion by 2030 at a 2024-2030 CAGR of 6%. Some of the factors instrumental in driving demand for Aquafeed include growth of aquaculture industry, increasing seafood consumption, technological advancements in feed formulations, sustainability & alternative ingredients, regional market dynamics, government support & regulations and ecological & economic aspects. Other than being the largest global market for Aquafeed, with an estimated share of 48.7% in 2024, Asia-Pacific is also likely to be the fastest growing, forecast to maintain a 2024-2030 compounded annual rate of 7.2%. Various factors, including economic, demographic, environmental and policy-driven are contributing to the region's dominance. Asia-Pacific's aquaculture production corners a...

Industry Experts, Inc., has released the new market research report on Extruded Snacks Market . As per this study, the demand for Extruded Snacks is estimated at US$65.1 billion in 2024 and projected to reach US$92.2 billion by 2030 at a 2024-2030 CAGR of 6%. Some of the factors instrumental in driving demand for Extruded Snacks include growing preference for convenience & on-the-go snacks, rising disposable incomes, move towards healthier snacking options, changing lifestyles & urbanization, innovations in flavors, textures & ingredients, expansion of online distribution channels, technological advancements in extrusion, growing popularity of savory snacks, emerging markets & population growth and marketing & packaging strategies. Extruded Snacks are normally made using two techniques, viz., Single-Screw Extruder and Twin-Screw Extruder, among which the global market for the latter is larger (estimated at 58.9% in 2024) and also faster growing (6.9% C...

A new report from Industry Experts Inc, on Allergy Diagnostics Market , is released. According to this global market research report, estimated at US$5.8 billion in 2024, the global allergy diagnostics market is projected to reach above US$10.7 billion by 2030, growing at a CAGR of 10.8% between 2024 and 2030. The global allergy diagnostics market is experiencing substantial growth, primarily driven by rising environmental pollution, rapid urbanization, and climate change factors that have significantly increased human exposure to airborne allergens such as dust, pollen, and industrial emissions. This heightened exposure is contributing to a growing prevalence of allergic conditions, including asthma, allergic rhinitis, and various skin allergies. Urban populations are particularly at risk due to higher pollutant levels, which trigger immune reactions and create a need for early and precise diagnoses. The consumables segment leads the allergy diagnostics market, capturing...

Industry Experts, Inc., has released its latest report on ADME Toxicology Testing Market . According this new report, the global market for ADME Toxicology Testing is estimated at US$6.3 billion in 2024 and is projected to reach US$11.2 billion by 2030, with a CAGR of 10.13% during the forecast period 2024-2030. The global ADME toxicology testing market is experiencing rapid growth, fueled by the rising rates of drug failures in late-stage clinical trials, the growing demand for innovative and personalized therapies, and more stringent regulatory conditions worldwide. ADME testing is essential for assessing pharmacokinetics, toxicokinetics, and potential toxicity early in the drug development process, which helps mitigate expensive failures and enhances safety profiles. Pharmaceutical companies are increasing their research and development spending to create safer treatments for chronic illnesses, including cancer, diabetes, and heart disease. Technological advances inclu...

A new report from Industry Experts, Inc. on the " Mulch Films Market " is released. According to the report, the global market for Mulch Films is estimated at US$4.6 billion in 2024 and is projected to reach US$7 billion by 2030, with a CAGR of 7.7% during the forecast period 2024-2030. The global mulch films market is witnessing significant growth driven by the increasing demand for effective and sustainable farming methods. As global food demands rise, farmers are shifting toward using mulch films to improve crop yields, save water, maintain soil temperature, and control weed proliferation. These films are vital in greenhouse cultivation, where controlled settings are necessary for year-round production. The shift towards biodegradable mulch films is gaining momentum due to heightened environmental awareness and stricter regulations on plastic waste. Materials such as thermoplastic starch (TPS), PLA, and PHA are becoming favored as eco-friendly substitutes for...

Industry Experts, Inc. introduced the new market research report on  Application Performance Monitoring . This report reveals that the global Application Performance Monitoring (APM) is estimated at US$9.5 billion in 2024 and is likely to register a 2024-2030 CAGR of 13.8% in reaching a projected US$20.6 billion by 2030. With an estimated 2004 share of 30.2%, North America leads the global market for Application Performance Monitoring. The region’s, especially the United States', highly developed IT ecosystem fosters widespread adoption of cloud computing, IoT and AI-driven technologies, all of which need robust APM tools for ensuring application efficiency. Several evolving trends are shaping the dynamic market for Application Performance Monitoring, one of which is cloud-native APM. A growth in the adoption of cloud computing and microservices architectures has increased demand for APM solutions that have been especially designed for these dynamic and distributed en...

Industry Experts, Inc., published the latest version of its latest report on Powder Metallurgy Market . According to this new report, the global demand for Powder Metallurgy is estimated at US$22.8 billion in 2024 and projected to reach US$37.2 billion by 2030 at a 2024-2030 CAGR of 8.5%. Some of the factors instrumental in driving demand for Powder Metallurgy include increasing vehicle production & a discernable shift towards electric vehicles (EVs), demand for lightweight, high-strength components in the aerospace & defense sector, unmet need for customized medical implants & dental components, increasing demand for consumer electronics and growth in renewable energy & oil & gas exploration activities. Asia-Pacific, in addition to being the leading global market for Powder Metallurgy with an estimated share of 40% in 2024, is also poised be the fastest growing at a 2024-2030 CAGR of 11.3%. The region's robust industrial base is a major contribut...

Industry Experts, Inc introduced the latest version of the report on Blood Glucose Monitoring (BGM) Devices . According to this new report, Global Blood Glucose Monitoring (BGM) Devices market size is estimated at US$15.9 billion in 2024 and is projected to reach US$25.3 billion by 2030 at a CAGR of 8.1% between 2024 and 2030. The global blood glucose monitoring (BGM) devices market is witnessing significant growth attributed to the increasing prevalence of diabetes, an aging demographic, and rising demand for preventive healthcare. As diabetes emerges as a serious public health concern, there is a growing need for accurate, real-time glucose monitoring to prevent complications and support effective disease management. Self-monitoring blood glucose (SMBG) devices and continuous blood glucose monitoring (CBGM) systems are pivotal to this trend, equipping patients and healthcare professionals with timely data and insights. Technological innovations such as smartphone connec...

Industry Experts, Inc., unveiled the latest version of its report on Endoscopy Devices Market . The report reveals that the global endoscopy devices market is valued at US$58.8 billion in 2024 and is projected to grow at a CAGR of 7.1% from 2024 to 2030, reaching US$88.8 billion by 2030. The global endoscopy devices market is experiencing rapid growth driven by aging populations, increased prevalence of chronic diseases, and technology breakthroughs. Innovations such as wireless capsule endoscopes, robotic-assisted endoscopes, 3D visualization, and high-definition imaging reduce infection risks, improve patient outcomes, and increase diagnostic accuracy. The growing trend towards minimally invasive procedures, which provide quicker recovery times and fewer complications, is driving demand in this market. The endoscope segment led the endoscopy devices market by product, accounting for a 37.9% share in 2024, due to rising endoscopic procedures and preference for flexible,...

Industry Experts, Inc published the latest version of the report on the Biopsy Devices Market. As per this study, the global Biopsy Devices market is estimated at US$2.5 billion in 2024 and projected to post a CAGR of 6.5% between 2024 and 2030 to reach US$3.6 billion in 2030. The global biopsy device market is primarily driven by the increasing prevalence of cancer, such as breast, lung, and prostate cancers, which require prompt and precise diagnosis. Growing awareness about routine cancer screening and rising patient preference for minimally invasive procedures have fueled demand for advanced biopsy technologies such as image-guided, vacuum-assisted, and liquid biopsy systems. Technological advancements such as the adoption of artificial intelligence (AI), robotics, and imaging techniques like MRI, CT, and ultrasound are improving biopsy procedures by increasing accuracy, streamlining workflows, and enhancing patient comfort. The hospitals and clinics segment repres...

Industry Experts, Inc released the latest version of the report on Rapid Medical Diagnostic Kits (RDKs). According to this new report, Rapid Medical Diagnostic Kits global market is estimated at US$26.4 billion in 2024 and projected to post a CAGR of 8.8% between 2024 and 2030 to reach US$43.7 billion in 2030. The growth of the global rapid medical diagnostic kits market is fueled by the increasing incidence of infectious and chronic diseases such as HIV, tuberculosis, hepatitis, and diabetes, which is significantly increasing demand for early and accurate diagnosis. Public health programs and government initiatives are promoting early disease detection, while regulatory approvals for point-of-care and home-based diagnostic kits are accelerating the adoption of rapid diagnostic kits. Technological advancements, particularly in lateral flow assays, AI-integrated testing solutions, and smartphone-enabled diagnostics, have improved accuracy, affordability, and accessibility...

Industry Experts, Inc., released the latest version of its report on Industrial Abrasives Market . The study reveals that the demand for Industrial Abrasives is estimated at US$49.2 billion in 2024 and projected to reach US$67 billion by 2030 at a 2024-2030 CAGR of 5.3%. Some of the factors instrumental in driving demand for Industrial Abrasives include rising demand from end-use industries, technological advancements, automation and robotics integration, focus on sustainability and customization & specialization. Among the various applications where Industrial Abrasives are used, Grinding is the largest, with an estimated 2024 share of 38.9%, the major reasons for which are its versatility and high demand for precision in industrial production. Grinding finds extensive use in metalworking, automotive (engine components & gears), aerospace (turbine blades) and machinery manufacturing and involves material removal with abrasive wheels, belts or discs for achieving...

Industry Experts, Inc., has introduced the latest version of its report on Flame Retardant Chemicals Market . The global demand for Flame Retardant Chemicals is estimated at US$9.7 billion in 2024 and projected to reach US$14.4 billion by 2030 at a 2024-2030 CAGR of 6.8%, the report reveals. Some of the factors instrumental in driving demand for Flame Retardant Chemicals include stringent fire safety standards mandated by governments across various sectors, greater consumer awareness about the potential risks and harmful consequences of fires, globalization & international trade, rapid urbanization in emerging economies and the vast number of end-use sectors where these compounds are widely used. With an estimated share of 42.6% in 2024, Asia-Pacific is the largest global market for Flame Retardant Chemicals, which is also anticipated to clock the fastest 2024-2030 CAGR of 9.2%. The region has emerged as an industrial and manufacturing hub, with countries, such as Chi...

Industry Experts, Inc., has released its latest report on Carbon Nanomaterials. According this new report, the global market for carbon nanomaterials is estimated to reach US$2.2 billion in 2024 and is expected to grow at a robust CAGR of 17.2% between 2024 and 2030, hitting approximately US$5.7 billion by 2030. Carbon nanomaterials represent a highly versatile and rapidly evolving class of materials, composed of carbon atoms organized into nanoscale structures. Thanks to their exceptional physical, chemical, and electrical properties, these materials are integral to a wide range of cutting-edge technologies. The carbon nanomaterials family includes carbon nanotubes (CNTs), graphene, fullerenes (such as C60), carbon foams, carbon quantum dots (CQDs), carbon nanofibers, and nanodiamonds, each offering distinct characteristics based on their atomic arrangements and dimensionality. Energy sector (mainly including energy storage batteries, supercapacitors, solar cells etc.)...

Industry Experts, Inc. unveiled the new market research report on AI Hardware Market . As per this report, the global market size for AI Hardware is estimated at US$25 billion in 2024 and is likely to register a 2024-2030 CAGR of 20.5% in reaching a projected US$76.7 billion by 2030. North America is the largest global market for AI Hardware with an estimated share of 34.2% in 2024. The region is home to major tech giants, such as NVIDIA, Intel, AMD, Apple, Google and IBM, which are prominent producers of AI hardware, such as GPUs and TPUs, in addition to investing heavily in research & development, thereby driving market growth. One of the major factors propelling demand for AI Hardware includes growing demand for AI applications. An increase in the use of AI across industries, such as healthcare (for diagnostics), automotive (for autonomous vehicles) and retail (for personalized suggestions) has been driving the demand for effective hardware that can support complex ...