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Showing posts from December, 2023

Liquid Nitrogen Market Industry Insights, Trends, and Forecasts to 2030

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Data Bridge Market Research analyses that the liquid nitrogen market which was USD   16,779.00 million in 2022, would rocket up to USD   24,790.22 million by 2030, and is expected to undergo a CAGR of 5.0% during the forecast period of 2023 to 2030.   Industry Analysis The liquid nitrogen market consists of the production, distribution, and use of extremely cold nitrogen gas in liquid form. It is produced through cryogenic distillation that is further stored in insulated containers, and used in various industries. It is used for freezing and preserving food, biological samples cryopreservation, and pharmaceutical applications among others. Liquid nitrogen can cool rapidly and maintain product quality across medical treatments and different industrial processes that require low temperatures.  “Coolant” dominates the function segment of the liquid nitrogen market owing to the extensive use of liquid nitrogen in different industries for freezing and preserving ...

Fiber Cement Board Market, Applications and Market– Industry Analysis, Size, Share, Growth and Forecast 2030

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Data Bridge Market Research analyses that the Fiber Cement Board Market which was USD 10.27 billion in 2022, would rocket up to USD 15.29 billion by 2030, and is expected to undergo a CAGR of 5.1% during the forecast period of 2023 to 2030. Industry Analysis The market is booming due to its durability, water resistance, and waterproof nature. Furthermore, increased construction spending will boost demand, particularly in new housing. Fiber cement board use has grown in high-demand residential, commercial, and industrial industries. Furthermore, the rapid expansion of the residential sector is a factor driving market growth. “Portland Cement” dominates the raw material segment of the fiber cement board market due to its fundamental role as a binding agent in fiber cement board production. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Marke...

Wind Turbine Composites Material Market by Product, End User, Type, and Mode, Worldwide Forecast till 2028

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Wind turbine composites material market size is valued at USD 23.62 billion by 2028 and is expected to grow at a compound annual growth rate of 10.23% for the forecast period of 2021 to 2028.  Industry Analysis Data Bridge Market Research report on wind turbine composites material market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Wind turbine composites material is exclusively formulated composite material which is created to meet the harsh requirements of surviving the conditions such as intense humidity, erosion effects and other harsh  environmental  conditions. They are also made to be as lightweight as possible without having to recompense on strength of the components as the preservation and repair functions for these components are very costly. The increasing usage and adoption of carbon-based composite materials in the manufa...

Stainless Steel Market is set to Witness Huge Demand at a CAGR of 6.0% during the Forecast Period 2030

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Data Bridge Market Research analyses that the Stainless-Steel market which was USD 110.48 billion in 2022, would rocket up to USD 176.09 million by 2030, and is expected to undergo a CAGR of 6.0% during the forecast period. Industry Analysis Stainless steel is a type of alloy known for its corrosion resistance and durability. It is composed primarily of iron, with varying amounts of chromium, nickel, molybdenum, and other elements depending on the specific grade. The addition of  chromium  is what gives stainless steel its corrosion resistance properties. Stainless steel is widely used in various industries and applications due to its desirable qualities. It is commonly used in kitchen appliances, cookware, cutlery, medical instruments, surgical implants, automotive parts, construction materials, and many other products. This indicates that the market value. “Flat Products” dominates the technology segment of the Stainless Steel market due to their versatility, durabi...