The global immersion cooling industry is expected to reach a valuation of US$ 2,547.9 Million by 2032, with the demand growing at an astounding CAGR of 21.7% from 2022 to 2032. Scaling up from a value of US$ 297.8 Million in 2021, the target market is likely to reach an estimated US$ 357.3 Million in 2022. Escalation in levels of data output and data processing all over the world is projected to fuel the growth of the immersion cooling market. Strict carbon emission control regulations coupled with a demand for high density and computation requirements will bolster the growth of the target market during the forecast period. IT infrastructures generate high levels of energy and it is immensely important to lessen or stop the heat from the components. These two factors work together to drive the demand for the immersion cooling market. Immersion cooling enhances the productivity of data centers. Thus, the rising popularity of the target market has resulted in its acquisition of about 6-8% of the global liquid cooling market. In the past few years, the escalating usage of social networks, streaming, and gaming has caused a rapid increase in international internet traffic. Superior connectivity is needed for an uninterrupted network, which leads to frequent use of cloud and hyperscale data centers. Get an Exclusive Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-14459
6/25/2024The global laminating adhesives market is projected to amass a revenue of US$ 6.2 billion by 2033, with sales growing at a restored and positive CAGR of 6.1% from 2023 to 2033. Historically, the target market recorded an average CAGR of 4.7 % from 2017 to 2022. The laminating adhesive market will likely reach an estimated US$ 3.5 billion in 2023. The estimated growth for the forecast period can be attributed to heightened demand from various end-use sectors like packaging, healthcare, food and beverages, manufacturing, and pharmaceuticals, among others. The packaging industry, particularly, generates a strong demand for laminating adhesives. Lamination adhesive is an essential part of the manufacturing process of flexible packaging goods. The rising awareness of the advantages of flexible packaging such as its lightweight aspect, easier handling, less space requirement, smoother transportation, extended shelf life, protection from damage, and improved printability further promotes the demand for flexible packaging which, in turn, has a positive impact on the laminating adhesive market. Since packing is one of the important factors that manufacturing enterprises take into consideration before venturing into the production process, the market for laminating adhesives looks at positive growth in the forthcoming years. In the past few years, more and more businesses in the manufacturing and industrial sectors have been opting for flexible packaging which is transforming the structure of the packing sector. Thus, flexible packaging is taking over the rigid packaging sub-sector.
6/24/2024The global industry size for acrylic polymer is estimated to be around US$ 683.1 million in 2024. In 2023, the market was valued at US$ 642.6 million, and it is projected to exhibit a growth of 5.9% over the forecast period. The industry is estimated to cross a valuation of US$ 1,200 million by 2034. The increasing demand from the construction industry is the key reason for the growth of the acrylic polymer market. The rising disposable income in emerging economies also drives consumer spending on durable and aesthetically pleasing goods, further boosting the demand for acrylic polymer-based products in various consumer applications. However, raw material price volatility poses a challenge, as fluctuations in the prices of acrylic monomers can impact manufacturers’ production costs and profit margins. While driving the adoption of eco-friendly solutions, stringent environmental regulations can also increase compliance costs for industry players. The market’s dependency on petrochemical feedstocks makes it vulnerable to fluctuations in the oil and gas sector, impacting the overall cost structure of acrylic polymer production. Manufacturers of acrylic polymers can capitalize on the development of biodegradable alternatives to meet the rising demand for sustainable and biodegradable polymers. The acrylic polymer market is vulnerable to economic downturns, impacting consumer spending and decreasing demand for acrylic polymer-based products across various industries. Fierce competition may lead to pricing pressures, affecting profit margins for companies in the market. Request Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-18810
6/21/2024As per the latest market research conducted by FMI, the global biophotonics industry is expected to record a CAGR of 11.3% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 54,320.0 million. By 2033, the valuation is anticipated to reach US$ 1,58,457.0 million. Increased product releases and approvals by regulatory agencies to key players in the market are likely to boost market expansion over the forecast period. For instance, a medical technology company called Kleresca announced the introduction of a new rosacea treatment in August 2018. It is founded on the distinct and patented biophotonic technology developed by Kleresca, which makes use of fluorescent light energy to activate the skin’s natural repair processes through photobiomodulation. On the other hand, as the majority of pharmaceuticals are still covered by patents, only a few selected firms have the ability to benefit from medical solutions. This is one of the main factors that can have an impact on the market expansion of biophotonics. This is anticipated to limit market growth throughout the anticipated time frame. Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-92 The high cost of biophotonics equipment and therapies is anticipated to impede market expansion. Instruments for biophotonics are highly expensive in comparison to substitutes. The expensive cost of biophotonics technology prevents many small and medium-sized organizations and end users from implementing it. Besides that, this might limit the application of biophotonic technology. Hence, the industry’s growth is likely to be constrained by the high cost of biophotonic.
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