All Blogs

Focus on Renewable Energy Sources Supports the Global Wood Pellet Market

Date: 23, October 2020 | Category: Energy & Utilities

The global wood pellet market is forecasted to reach US$14.47 billion in 2024, witnessing growth at a CAGR of 12.02%, over the period 2020-2024. The factors such as increasing consumption of wood pellets, mounting concerns regarding climate change, expanding urbanization, surging focus on renewable energy sources and price instability of crude oil are expected to drive the market. A few notable ..

Rising Demand for Plastic Products to Drive Growth of Global PIMM Market

Date: 19, October 2020 | Category: Metal & Mining

The global PIMM market is expected to reach US$10.87 billion in 2024, at a CAGR of 2.60%, for the duration spanning 2020-2024. The factor such as growing production of motor vehicles, rising demand for plastic packaging, increase in polyethylene (PE) production capacity, rapid urbanization, accelerating manufacturing of electrical and electronic products and growing uses of plastic in medical i ..

Inclination Towards Online Games Would Drive Gaming Market in France

Date: 17, October 2020 | Category: Others

French gaming market is estimated to reach US$13.16 billion in 2024, growing at a CAGR of 2.29% for the period spanning from 2020 to 2024. The factors such as rising number of smartphone users, increasing demand for internet of things, strong mobile gaming growth, and growth of sports events and growing online sports betting are expected to drive the market. However, growth of the industry will ..

Data Aggregation to Drive Global Business Information Services Market

Date: 14, October 2020 | Category: Services

The global business information services market is forecasted to reach US$297.48 billion in 2024, growing at a CAGR of 6.85% for the period spanning 2020-2024. The factors such as accelerating economic growth, improving consumer confidence index, growing consumer awareness, developing emerging markets and growing business credit data services are expected to drive the market. However, growth of ..

Increasing Geriatric Population Supports the US Cannabidiol Market

Date: 12, October 2020 | Category: Others

The U.S. cannabidiol market is estimated to reach US$13.39 billion in 2024, growing at a CAGR of 42.36% for the period spanning 2020-2024. The growth of the market has been driven by a growing incidence of Alzheimer’s disease, upsurge in healthcare expenditure, rising depression rate, increasing geriatric population, mounting online retail sales and expanding urbanization. However, growth of ..

Increasing Premiumization Drives Asia Pacific Beer Market

Date: 12, October 2020 | Category: Food & Beverage

Asia Pacific beer market is anticipated to grow at a CAGR of 4.84% during the period spanning 2020-2024. The market in 2024 is forecasted to be US$240.7 billion. The growth in the Asia Pacific beer market is driven by escalating middle class population, growing urbanization and rising gross domestic product. The market is expected to face certain challenges like declining youth population, innu ..

COVID-19 Drug Development to Propel Growth of Nucleic Acid Therapeutics Market

Date: 8, October 2020 | Category: Pharma & Healthcare

The global nucleic acid therapeutics market is expected to record a value of US$7.23 billion in 2024, increasing at a CAGR of 33.3%, for the duration spanning 2020-2024. The factors such as rising incidences of new cancer cases, rising penetration of gene therapy, increasing pharmaceutical R&D spending, rise in prevalence of diabetes, upsurge in healthcare expenditures and rapid advances in ..

Growing Infrastructural Development to Drive the Global Steel Industry

Date: 30, September 2020 | Category: Metal & Mining

The global steel production volume is estimated to reach 2175 million tonnes in 2024, growing at a CAGR of 4.50% for the period spanning from 2020 to 2024. The factors such as rising population growth, growing urban population, growing automobile sector, growing spending on construction and infrastructure projects and growing demand for long steel are expected to drive the market. However, grow ..

Robust Growth in Demand of Vapor Devices to Drive E-Cigarette Market

Date: 28, September 2020 | Category: Others

The global e-cigarette market is forecasted to reach US$76.82 billion in 2024, growing at a CAGR of 18.51% for the period spanning 2020-2024. The factors such as increasing working population, rising market share of e-cigarettes, decreasing cigarette consumption, shift towards next generation products, mounting-up prices of tobacco cigarettes and peer influence on youngsters are expected to dri ..

Increasing Geriatric Population Supports the Global Prostate Cancer Market

Date: 26, September 2020 | Category: Pharma & Healthcare

The global prostate cancer market is anticipated to reach US$14.41 billion in 2024, witnessing growth at a CAGR of 4.62%, over the period 2020-2024. Factors such as increasing geriatric population, rising healthcare expenditure, surging obese population, expanding urbanization, new drug approvals are expected to drive the market. The growth of the market would be challenged by severe side effec ..