The size of the grow lights market was $1,481 million in 2021, and it will reach to $13,183 million by 2030, advancing at a growth rate of 28% in the years to come as per a report published by P&S Intelligence.
This is because of the growing requirement for food for food because of the increasing population, rising usable income, rapid urbanization, increasing preference for advanced...
Health and safety are important considerations for food and beverages manufacturers. Strict standards are to be followed by them. Though, to guarantee that the production equipment performs well, lubrication is important.
Defining Food-Grade Lubricants
Food-grade lubricants perform the same as other lubricants. They protect the metal surfaces of machines by reducing friction, causing unwanted...
The basis of every reed relay is the reed switch itself - this is the core component of the reed relay. The reed switch contains two reed contacts which are built from nickel-iron and then coated with materials to guarantee the utmost functioning life span. The reed switch contacts overlay so when they close, they make interaction with each other. Usually, the space in the open state is between...
An organization runs on a number of different departments, one of which is the human resources (HR) department. The HR department deals with all people-related aspects of a company, such as the hiring or new employees, tackling problems which are being faced by the employees, and dealing with the payroll of employees. These days, the need for workforce optimization in enterprises is growing...
The automatic self-piercing rivets market had a total revenue of about USD 198.1 million in 2023, and it will power at a rate of 4.1%, to touch USD 260.9 million by 2030. This has a lot to do with the enhanced automation in manufacturing, the growing requirement for lightweight automobiles, cost-efficiency, developments in material tech, and the increasing emphasis on sustainability.
The...
The ammonium sulfate market will touch USD 4,847.9 million, growing at a 6.4% compound annual growth rate, by 2030.
The growth of this industry is mainly because of the surge in the need for fertilizers, coupled with the development in the agriculture sector. This industry is highly dynamic and continuously progressing, with different businesses working in the worldwide ecosystem to...
The contact adhesives market was USD 2,694.7 million in 2023, and it will touch USD 3,645.2 million, advancing at a 4.5% compound annual growth rate, by 2030.
The progression in this industry is because of the increasing need for these adhesives in the building and construction sector, coupled with the rising production of vehicles. Also, the leather and footwear sector utilizes them...
The preference of consumers has changed radically since the past few years. A major reason for this is globalization, owing to which, different cultures are now being celebrated all across the globe. This includes the changing eating habits of people, as now consumers are open to experimentation and are increasingly trying new flavors and tastes. Recently Mexican, Chinese, and Continental...
The cosmetic chemicals market is experiencing significant growth and it will continue this trend in the years to come.
The growth of the cosmetic chemical industry is mainly attributed to the increasing desire of people to enhance their physical appearance, constant research and development for new products, surging requirement for cosmetics products, high beauty products...
In 2021, the global switchgear market was worth around USD 93,432.6 million, and it is projected to advance at a 5.9% CAGR from 2022 to 2030, hitting USD 157,045.5 million in 2030, as per P&S Intelligence.
This growth can be ascribed to the advancement in energy distribution infrastructure and rising construction activities. Basically, the market is rising because of the...
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