Latest Market Research Reports

  Pressure Sensitive Tapes Industry The global  pressure sensitive tapes market  size is poised to reach USD 92.45 billion by 2030, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.9% from 2024 to 2030. Increasing application scope in the medical and automotive industries is projected to augment the market over the forecast period. The market is driven by the packaging industry on account of their high-volume usage in cardboard and container sealing. In addition, ease of application of packaging tapes as compared to substitute products such as adhesives and sealants is anticipated to further boost the demand in packaging application in end-use industries. Technological advancements in the industry are focused towards production of premium quality products with superior performance. Development of customized product designed for use in specialized applications along with rise in use of silicone-based adhesives is estimated to emerge as a w...

  Organoids And Spheroids Industry The global  organoids and spheroids market  size is expected to reach USD 3.26 billion by 2030, registering a CAGR of 23.11% during the forecast period, according to a new report by Grand View Research, Inc., A rise in the adoption of organoid cultures in drug discovery, and rising demand for cell therapy and tissue engineering across the globe is expected to drive the market. 3D spheroids are considered as an important aspect of tissue engineering and regenerative medicine research as they can be used as building blocks for the generation of complex tissues and organs. In addition, the potential of 3D cell cultures to be used as models for drug screening and analysis of human disorders are expected to provide ample growth opportunities to the market in the near future. A rise in the adoption of organoid cultures for the assessment of the mechanism of human-specific disorders is expected to enhance the market growth. For instan...

  Medium Density Fiberboard Industry The global  medium density fiberboard market  size is expected to reach USD 67.64 billion by 2030 to expand at a CAGR of 6.9% from 2023 to 2030 according to a new report by Grand View Research, Inc. The demand for medium density fiberboard (MDF) is expected to increase in the forecast period on account of its rising consumption in construction, furniture, and building & construction industry. Medium density fiberboard panels are widely used in manufacturing furniture pieces for use in homes, hotels, and workplaces. The panels can be carved into attractive designs to provide an aesthetic appeal to the aforementioned spaces. These factors are likely to drive the product demand in furniture application in the forecast period. The production of wood-based panels in recent years has been pushed by the advancements in production technology and adhesive formulations, accompanied by control techniques and online measuring. The need to impr...

  Online Gambling Industry The global  online gambling market  size is projected to reach USD 153.57 billion by 2030, recording a CAGR of 11.7% from 2023 to 2030, based on a report by Grand View Research, Inc. The emergence of freemium modes of online gaming following the trend of betting applications and websites is expected to drive market growth. The freemium model generates revenue via users and integrated advertisements. Increased smartphone and internet penetration and easy access to casino gaming platforms positively influence the market. For instance, according to GSMA, the Asia Pacific region will witness 333 million new mobile internet subscribers by 2025. Moreover, the availability of cost-effective betting applications is expected to favor market growth over the forecast period. According to the data published by the New York state government, over 650,000 unique accounts were created on mobile betting apps in 2021. Online gambling develope...

  Ferrosilicon Industry The global  ferrosilicon market  size is expected to reach USD 13.67 billion by 2030, registering a CAGR of 2.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising demand for ferrosilicon in the steel and cast iron industries is anticipated to contribute to market growth over the forecast period. Ferrosilicon is used as a deoxidizer in the steel industry to prevent the loss of carbon during the production process. As a result, rising investment in the steel industry is anticipated to augment the market growth. For instance, in January 2022, POSCO commenced construction of a new galvanized steel plant in Tangshan, Hebei, China, which is jointly owned by HBIS Group. The USD 600 million plants are anticipated to have an annual production capacity of 900 kilotons and will supply galvanized steel sheets to the automotive industry. Furthermore, due to their long life span and good compressive strength, ca...

  Hydraulic Cylinder Industry The global  hydraulic cylinder market  size is expected to reach USD 22.16 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.2% from 2022 to 2030. The global market is primarily driven by the growth of the building and construction industry and rising investments in the aerospace and defense industry. Hydraulic cylinders are widely used in the construction industry and are used in various construction and infrastructure projects such as bridges, roads, tunnels, and buildings. The increasing investments by governments and private players in the construction and infrastructure industry are augmenting the demand for hydraulic cylinders. The aerospace and defense industry is one of the key end-users of this product. It is used in aircraft in actuate brakes, landing gears, and flight control and fuel systems. The demand for this product is propelling in the aerospace and defense industr...

  Pharmaceutical CDMO Industry The global  pharmaceutical CDMO market  size is anticipated to reach USD 235.5 billion by 2030 and it is projected to grow at a CAGR of 7.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. A growing consumption of biopharmaceuticals, rising demand for advanced therapeutics, demand for orphan drug discovery, upsurge number of clinical trials and increasing demand for one-stop-shop CDMOS are anticipated to influence the global market positively. In addition, increasing pharmaceutical R&D investments can drive the market growth. As pharmaceutical companies invest more in R&D, they may seek external expertise and resources to accelerate drug development processes. CDMOs provide specialized services in drug development, manufacturing, and testing, making them valuable partners for pharmaceutical companies looking to outsource certain aspects of their R&D activities. Several players are investing in R&D ac...

  Supply Chain Analytics Industry The global supply chain analytics market size is projected to reach USD 22.46 billion by 2030, according to a new study by Grand View Research, Inc.The market is anticipated to register a CAGR of 17.8% from 2023 to 2030. Supply chain analytics (SCA) is becoming popular as the demand for managing vast volumes of company data and its insights for strategic applications grows. As the demand for automation technologies and investment from technology developers increases, so does the demand for cognitive computing and AI. The growing awareness among businesses of the advantages of SCA in terms of improved visibility across the whole supply chain is fueling demand for analytics solutions. The increased availability of cloud-based SCA solutions has triggered their demand among small & medium enterprises (SMEs) owing to benefits such as easy deployment, shorter implementation window, effective use of IT resources, and flexibility & mobility offered...