Press releases

The global scented candles market is anticipated to reach USD 545.2 million by the end 2025, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 8.4% during the forecast period, 2019 to 2025. These candles are extensively used in various aroma therapies that help in reducing mental and physical stress and heal various pains.

The global electronic home locks market is estimated to reach USD 952.4 million by 2025, and is projected to grow at a CAGR of 16.1% from 2019 to 2025, according to a new report by Million Insights. The increase in the demand for advance security systems and rising trend of connected homes are the key factors propelling the market growth.

The global denim jeans market size is anticipated to reach USD 102.45 billion by 2025, according to a new report by Million Insights. Increasing the target population across the globe is projected to drive the market during the forecast period, 2019 to 2025. 

The global men’s wear market size is projected to touch USD 741.2 billion by the end of 2025, according to a new report released by Million Insights. It is estimated to grow at a CAGR of 6.3% from 2019 to 2025

The global flavored syrups market is expected to reach USD 65.6 billion by 2025, according to Million Insights, registering a 5.1% CAGR over the forecasted period, from 2019 to 2025. Rapidly increasing demand for customized flavor food products in the food and beverage industry has majorly driven the growth of this market.

The global electric iron market is expected to register a revenue of USD 1.8 Billion by the end of 2025, according to a new report released by Million Insights. It is expected to grow with a CAGR of 8.3% from 2019 to 2025. This market growth can be attributed to rising awareness among the working population to look presentable at workplaces and during other occasions.

The global Wax Market is expected to grow at a CAGR of 3.7% between 2019 and 2025. Coating and printing ink verticals are driving the market. Wax stands out due to its resistance to scratch, rubs, marks, and repellency against water. It acts as an additive to a spectrum of inks inclusive of gravure, letterpress, flexographic, and lithographic. 

The global clinical laboratory service market is projected to be worth USD 280.67 billion by 2030, advancing at 3.7% CAGR during the projection period. There have been frequent developments made in this space in recent years due to the presence of innovative technologies, which have acted as significant drivers of the industry.

The global Intumescent Coatings Market is expected to reach USD 1.31 Billion by 2025 and projected to develop at a CAGR of 5.1% between 2019 and 2025. Due to the substantial growth in the undertakings of building & construction (powered by the rapid growth in the suburbanization), the demand for intumescent coatings has increased through the world.

The global Inhalation Anesthesia Market is estimated to witness a CAGR of 3.5% between 2019 and 2025. The factors boosting the market include increasing occurrence of cancer, respiratory ailments, cardiovascular ailments, gastrointestinal problems, and neurological disorders

As per the published report, the global stem cells market is estimated to arrive at USD 17.9 billion by 2027. It is expected to witness 8.2% CAGR in the period of the forecast. Fresh developments in tissue engineering have the capability to attract attention towards the healing of a number of chronic complaints. Furthermore, mechanization in the processing and storage of cord as well as adult blood is estimated to considerably impel the development of the market.

The global Metrology Services Market is estimated to grow at a CAGR of 5.9% by the completion of the prediction period. It is projected to touch $939.3 million by the year 2025.

The global Gypsum Board Market estimated to grow at a CAGR of 11.4% and reach $79.17 billion by 2025. Growing intake of the product in the segment of residential real estate is the fundamental reason motivating the development of the industry. The fiscal repossession after the year 2012, together with growing employment and credit rate for housing secured loan is likely to trigger the subdivision of construction in U.S.A. As stated by demographics of the business, demand is likely to be motivated by multifamily homes instead of single-family houses because the duty on student loan is likely to hamper the sales of the single-family houses.

The global Building Thermal Insulation Market is expected to be priced at $38.95 Billion by 2025 and is expected to grow at a CAGR of 4.8%. Growing usage of the product in the commercial and residential segments to reduce the general expenditure on energy accompanied by increasing awareness about the preservation of energy is projected to prompt the development of the market.

The global precision farming market is expected to account for USD 20.84 billion, registering a CAGR of 12.8% by 2030. Better education and training for farmers, readily available knowledge, the availability of financial resources, and the high demand for organic food are other factors that encourage the adoption of sustainable farming methods.

The global thermal spray coatings market is expected to reach USD 15.41 billion by 2030, expanding at a CAGR of 4.8% over the projected period. The advancements in the fields of aerospace, automotive, industrial gas turbines, oil & gas, steel, printing, and medical applications are factoring to the market growth.

The global Biochar Market scope is expected to touch US$ 3.1 billion by the completion of the year 2025. It is projected to increase at a CAGR of 13.2% above the period of forecast.

The global Industrial Pumps Market is projected to develop at a CAGR of 5.9% by the end of 2025. The market value is projected to touch US$ 88.4 billion. Increasing demand from the oil & gas and the water & wastewater treatment industry because of industrial development and outbreak of population all over the world is likely to upsurge the development of the pump industry during the period of forecast.

The global propanil market is expected to scale new heights in the upcoming period. “Propanil” comes across as one of the contact herbicides that are generally applied to plant parts and foliage above ground. In other words, propanil is a compound that helps in inhibiting and neutralizing the growing unwanted weed in rice fields.

The global professional service automation (PSA) software market is anticipated to witness a stable CAGR during the forecast period (2018 to 2023), according to a report available on Million Insights. Professional service automation software refers to an advanced enterprise solution to improve operational efficiency and process visibility. Core functions of the software include project management, resource management, resource allocation, and billing.