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EBike Market worth $71.5 billion by 2030

According to a research report "Ebike Market by Class (Class I, II, & III), Battery (Li-ion, Li-ion Polymer, Lead Acid), Motor (Mid, Hub), Mode (Throttle, Pedal Assist), Usage (Mountain/Trekking, City/Urban, Cargo), Speed, Battery Capacity, Component, & Region - Global Forecast to 2030" published by MarketsandMarkets, the global EBike market is forecast to grow from USD 48.7 billion in 2024 to USD 71.5 billion by 2030 at a CAGR of 6.6%.

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June 11, 2024

Ethyl Cyanoacetate Market worth $184 million by 2029

The report "Ethyl Cyanoacetate Market by Grade (Pharmaceutical Grade, Industrial Grade), Function (Chemical Intermediates, Polymerization, Cross-linking Agents, Catalysts), Application Pharmaceutical, Agrochemicals, Adhesives, Dyes) - Global Forecast 2029", size is projected to grow from USD 145 million in 2024 to USD 184 million by 2029, registering a CAGR of 4.9% during the forecast period. The Ethyl cyanoacetate market is poised for substantial growth, propelled due to its versatile applications across various industries, including pharmaceuticals, agrochemicals, and specialty chemicals. It serves as a crucial intermediate in organic synthesis and fundamental building block for a wide range of compounds. Moreover, advancements in chemical synthesis techniques and the development of novel applications further contribute to the rising demand for ethyl cyanoacetate.

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June 11, 2024

High Voltage Power Transformer Market worth $12.3 billion by 2029

According to a research report "High Voltage Power Transformer Market by Power Rating SPT ((≤ 60 MVA), LPT (> 60 MVA)), Cooling Type (Oil Immersed, Dry Type), End User (Utilities, Commercial & Industrial), and Region - Global Forecast to 2029" published by MarketsandMarkets, the High voltage power transformer market is expected to see significant growth, with projections indicating that the market will grow to about USD 12.3 billion by 2029, from an estimated USD  9.1  billion in 2024, reflecting a Compound Annual Growth Rate (CAGR) of 6.3%. This growth is primarily driven by the need to strengthen power distribution networks to keep up with the rising global demand for electricity. Furthermore, the market stands to gain from the increasing capacity of renewable energy sources and substantial investments in industrial production, both of which are expected to boost the demand for High voltage power transformers. Another key factor contributing to this expansion is the growing adoption of high-voltage direct current systems, which is expected to further accelerate market growth during the forecast period.

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June 11, 2024

Flow Cytometry Market worth $10.3 billion by 2032

The report "Flow Cytometry Market by Technology (Cell-based, Bead-Based), Product & Service (Analyzer, Sorter, Consumables (Antibodies, Assays, Kits), Software), Application (Research (Immunology, Stem Cell, Apoptosis), Clinical (Cancer)) - Global Forecast to 2032", is projected to reach USD 10.3 billion by 2032 from USD 5.1 billion in 2024, at a CAGR of 9.2% during the forecast period of 2024 to 2032.

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June 11, 2024

Managed Detection and Response (MDR) Industry worth $11.8 billion by 2029

According to a research report "Managed Detection and Response (MDR) Market by Security Type (Network, Endpoint, Cloud), Deployment Mode (On-Premises and Cloud), Organization Size (SMEs and Large Enterprises), Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the global Managed Detection and Response (MDR) is estimated to be worth USD 4.1 billion in 2024 and is projected to reach USD 11.8 billion by 2029, at a CAGR of 23.5% during the forecast period. The Managed Detection and Response (MDR) market is driven by the increasing complexity of cyber threats and the necessity for businesses to maintain robust, real-time security without significant investment in in-house resources.

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June 11, 2024

Low-Speed Vehicle Market worth $16.3 billion by 2030

According to a research report "Low-Speed Vehicle Market by Vehicle Type (Commercial Turf Utility, Industrial Utility, Golf Cart, Personal), Power Output (≤5, 6-15, >15 kW), Motor Type & Configuration, Propulsion, Battery Type, Application, Category, Voltage - Global Forecast to 2030" published by MarketsandMarkets, the low-speed vehicle market is projected to grow from USD 11.1 billion in 2024 to USD 16.3 billion by 2030 at a CAGR of 6.6% during the forecast period.

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June 10, 2024

Critical Infrastructure Protection Market worth $178.3 billion by 2029

According to a research report "Critical Infrastructure Protection Market by Offering, Security Type (Physical Safety & Security (Video Surveillance Systems, Screening, and Scanning) and Cybersecurity (Encryption, Threat Intelligence)), Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the global critical infrastructure protection market size is projected to grow from USD 148.1 billion in 2024 to USD 178.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast period. The growth of critical infrastructure protection (CIP) solutions is propelled by the rapid expansion of Internet of Things (IoT) devices, amplifying the vulnerability landscape. Simultaneously, continuous investments in infrastructure development, particularly in energy and transportation sectors, heighten the demand for advanced protection measures. This synergy underscores the need for robust security solutions to fortify critical assets against emerging threats.

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June 10, 2024

HPF Market worth $6.4 billion by 2029

The report "HPF Market by Type (PTFE, FEP, PFA/MFA, ETFE), Form, Application (Coatings & Liners, Components, Films, Additives), End-use Industry (Electrical & Electronics, Industrial Processing, Transportation, Medical), and Region - Global Forecast to 2029", size is projected to grow from USD 4.6 billion in 2024 to USD 6.4 billion by 2029, registering a CAGR of 7.1% during the forecast period. The growth of the HPF market is fueled by several key factors. Factors such as high heat resistance, low weight, high dimensional stability, and good chemical resistance increase the demand for HPF in the automotive industry. HPF is used in various parts of engines to improve the performance & durability of vehicles and manufacture different interior & exterior components in the automotive and aerospace sectors. Effective dielectric properties, biocompatibility, and lubricity of HPF lead the way for their adoption in medical surgeries and other procedures. HPF films are used for front and backing sheets of photovoltaic (PV) modules. When used as front sheets for PV modules, these films help improve the efficiency of solar cells since they transmit 95% of light. The large, developing middle-class population of Asia Pacific and rapid industrialization & growth in the manufacturing sector drive the demand for PTFE and other HPF in various industries, such as automotive, medical, chemical, and electrical & electronics.

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June 10, 2024

Exosome Diagnostics and Therapeutics Market worth $6,848 million by 2032

The report "Exosome Diagnostics and Therapeutics Market by Type (Diagnostics, Therapeutics), Product & Service (Instruments, Kits, Reagents), Source (Stem Cells, Blood, Blood Plasma, Urine), Application (Cancer, Musculoskeletal, CVD) - Global Forecast to 2032", is projected to grow from USD 59 million in 2024 to USD 6,848 million by 2032 at a CAGR of 108.9%.

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June 10, 2024

Aviation Cloud Industry worth $12.9 billion by 2029

The report "Aviation Cloud Industry by Service Model (IaaS, PaaS, SaaS), Deployment Type (Public, Private, Hybrid), End User (Airlines, Airports, OEMs, MROs), Application (Flight Operations, Passenger Service, Supply Chain Management) - Global Forecast to 2029" The Aviation Cloud Industry is estimated to be USD 6.1 billion in 2024 and is projected to reach USD 12.9 billion by 2029, at a CAGR of 16.1% from 2024 to 2029. The push for digital transformation, driven by the pandemic, has fast-tracked the adoption of cloud solutions within the aviation industry, as stakeholders strive to innovate and sustain competitive edges in a swiftly evolving landscape.

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June 10, 2024

Top Companies in Blockchain Security Industry - Chainalysis (US) and Consensys (US)

When we estimate the Blockchain Security market globally, it will grow from USD 3.0 billion in 2024 to USD 37.4 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period. The increasing rate of cyber threats and breaches has raised the demand for effective security solutions, that protect the blockchain networks from sophisticated threats and hence support the growth of the blockchain security market. With blockchain technology being deployed in various sectors including finance, healthcare, and supply chain management, the need for robust infrastructure that can secure confidential data and transactions is on the rise. Furthermore, blockchain technology underpins a big part of decentralized finance (DeFi) platforms, so new security risks that require an enhanced call for specialized security protocols—smart contract audits and vulnerability assessments—have been exposed.

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June 9, 2024

Hydrogen IC Engines Market worth $327 million by 2035

According to a research report "Hydrogen IC Engines Market by State (Gas and Liquid), Application (Transportation and Power Generation), Power Rating (Low, Medium, and High), Blending (Mix Blend and Pure Hydrogen) and Region - Global Forecast to 2035" published by MarketsandMarkets, the global Hydrogen IC Engines Market is projected to reach USD 327 million by 2035 from an estimated USD 12 million in 2024, at a CAGR of 34.7% during the forecast period.  

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June 7, 2024

Autologous Stem Cell & Non-stem Cell Therapies Market worth $22.2 billion by 2029

The report "Autologous Stem Cell & Non-stem Cell Therapies Market by Type (CAR-T, Tumor Infiltrating Lymphocyte), Indication (Cancer, Musculoskeletal, Dermatology), Source (T-Cells, Mesenchymal Stem Cell), End User (Hospital) - Global Forecast to 2029", is projected to reach USD 22.2 billion by 2029 from USD 5.5 billion in 2024, at a CAGR of 32.3% during the forecast period. One of the key factors driving the market growth is the growing regulatory approvals for autologous non-stem cell therapies such as autologous CAR T-cell therapies and Tumor Infiltrating Lymphocyte (TIL) therapies. Increasing R&D investments for the development of novel autologous cell therapies is another factor contributing to the growth of the market.

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June 7, 2024

Artificial Intelligence (AI) Market worth $1,339.1 billion by 2030

According to a research report "Artificial Intelligence (AI) Market by Technology (ML, NLP, Context-aware AI, Computer Vision), Software (Type (Discriminative AI, Generative AI), No-code AI, Low-code AI), Hardware (Accelerators, Processors, Memory, Networking) - Global Forecast to 2030" published by MarketsandMarkets, the market for Artificial Intelligence (AI) is anticipated to experience substantial expansion, ascending from a value of USD 214.6 billion in 2024 to a substantial worth of USD 1,339.1 billion by the year 2030. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 35.7% over the forecast period. The surge in the artificial intelligence market is poised to be driven by a confluence of influential factors within the business landscape. Notably, widespread adoption of self-governing AI systems, coupled with the emergence of AI and deep learning technologies changing the landscape, stands out as significant contributors to this trend. Additionally, the improvements in processing power and data accessibility are playing a crucial role in propelling the upward trajectory of this market.

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June 7, 2024

Metal Recycling Market worth $767.9 billion by 2029

The report "Metal Recycling Market by Type (Ferrous Metals, Non-Ferrous Metals), Scrap Type (Old Scrap, New Scrap), Equipment Used (Shredder, Shear, Granulation Machine, Briquetting Machine), End-Use Industry, and Region - Global Forecast to 2029", size is projected to grow from USD  551.9 billion in 2024 and is projected to reach USD 767.9 Billion by 2029, at a CAGR of 6.8%. The market is expected to grow alongside the expanding demand from various end-users of metal recycling worldwide. The increased use of recycled metal in sectors such as building and construction, shipbuilding, equipment manufacturing, and consumer appliances is anticipated to drive market growth during the forecast period. The Asia Pacific region, particularly China, is the fastest-growing market for metal recycling due to its high production and consumption rates. China's extensive manufacturing sector generates significant amounts of metal scrap, fueling the growth of the recycling industry.

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June 7, 2024

Smart Irrigation Industry worth $3.0 billion by 2029

The report "Smart Irrigation Market by Component (Controllers, Sensors, Water Flow Meters), System type (Weather-based Systems, Sensor-based Systems), Applications (Agriculture, Non-Agriculture) and Region - Global Forecast to 2029" The Smart Irrigation Industry is expected to reach USD 3.0 billion by 2029 from USD 1.8 billion in 2024, at a CAGR of 11.2% during the 2024–2029 period.  The growing deployment of sensor nodes that are strategically placed throughout agricultural fields to gather real-time data, enhances the performance efficiency of sensors, which thereby drives the market growth of smart irrigation systems. Additionally, the rising implementation of government initiatives towards water conservation, increases the adoption of smart irrigation systems.

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June 7, 2024

Powder Coatings Market worth $20.2 billion by 2029

The report "Powder Coatings Market by Coating Method (Electrostatic Spray, Fluidized Bed), Resin Type (Thermoset, Thermoplastic), End-Use Industry (Appliances, Automotive, General Industrial, Architectural, Furniture) and Region - Global Forecast to 2029", is projected to reach a market size of USD 20.2 billion by 2029 from USD 15.4 billion in 2024, at a CAGR of 5.5%. Asia pacific is the one of the largest markets for powder coatings. The demand for powder coating is increasing in the sectors such as appliances, architectural, furniture, general industrial, automotive.  The demand from emerging nations, such as China, India, Mexico, Indonesia, and Brazil are expected to drive the global powder coating market.

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June 6, 2024

Millimeter Wave Technology Industry worth $7.6 billion by 2029

The report "Millimeter Wave Technology Market by Product (Scanning System, Telecommunication Equipment, Radar and Satellite Communication System, Others), License Type, Component, Frequency Band, End Use and Region - Global Forecast to 2029" The millimeter wave technology industry is projected to grow from USD 3.0 billion in 2024 to USD 7.6 billion by 2029, registering a CAGR of 20.1% during the forecast period. The market growth is increase in broadband and mobile speeds and emergence of autonomous vehicles. Furthermore, rising use of V-band millimeter waves for last-mile connectivity is expected to create lucrative opportunities for the market.

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June 6, 2024

Dental Consumables Industry Worth $54.6 billion by 2029, with a CAGR of 8.5%

The report "Dental Consumables Market by Product (Implants, Prosthetics, Orthodontics, Endodontics, Infection Control, Periodontics, Whitening Products, Finishing Products, Sealants, Splints), End user (Dental Hospital & Clinics, laboratory) - Global Forecast to 2029", is projected to reach USD 54.6 billion in 2029 from USD 36.3 billion in 2024, at a CAGR of 8.5% between 2024 and 2029.

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June 6, 2024

In-flight Internet Industry worth $2.1 billion by 2029

The report "In-flight Internet Market by Technology (Air-2-Ground, Satellite, Hybrid), End User (Commercial Aviation and Business Aviation), Service Model (Free, Paid, Freemium), Connectivity Speed and Regions - Global Forecast to 2029" The In-flight Internet market is estimated to be USD 1.6 billion in 2024 and is projected to reach USD 2.1 billion by 2029, at a CAGR of 5.7% from 2024 to 2029. Improvements in satellite technology, such as the development of high-throughput satellites (HTS) and the deployment of Low Earth orbit (LEO) satellites, have significantly enhanced the capacity, speed, and reliability of in-flight Wi-Fi services. Innovations in antenna and onboard Wi-Fi systems have also contributed to better service quality and coverage.

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June 6, 2024

ESG Reporting Software Industry worth $2.1 billion by 2029

According to a research report "ESG Reporting Software Market by Software (Environmental ESG Reporting Software, Social ESG Reporting Software, Governance ESG Reporting Software), and Services, Vertical (BFSI, Government, Public Sector, and Non-Profit) - Global Forecast to 2029" published by MarketsandMarkets, the ESG reporting software market is expected to grow from USD 0.9 billion in 2024 to USD 2.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 17.0% during the forecast period. ESG reporting software provides comprehensive tools for tracking, managing, and reporting on environmental, social, and governance metrics. The software integrates various data sources and technologies to ensure accurate and insightful reporting, including real-time data feeds, IoT sensors, sustainability frameworks, regulatory guidelines, and stakeholder inputs. These solutions enable companies to monitor their ESG performance, identify areas for improvement, and demonstrate their commitment to sustainability and ethical practices to investors, regulators, and the public.

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June 6, 2024

Custom Antibody Market worth $901 million in 2029

The report "Custom Antibody Market by Service (Development, Purification, Fragmentation, Labeling), Type (mAbs, pAbs, rAbs), Source (Rabbit, Mice), Application (Research, Therapeutics), Indication (Oncology, Immunology, Infectious, CVD) - Global Forecast to 2029"custom antibody market is expected to reach USD 901 million in 2029 from USD 579 million in 2024, at a CAGR of 9.2% during the forecast period.

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June 5, 2024

AI Studio Market worth $32.7 billion by 2029

According to a research report "AI Studio Market by Software (Application Development (MLOps, DataOps, DevOps, Chatbot), AI Model Management (Monitoring, Governance & Compliance), Versioning & Automation, AutoML, Reporting & Analytics, Data Annotation & Labeling) - Global Forecast to 2029" published by MarketsandMarkets, the AI Studio Market is projected to grow from USD 6.4 billion in 2024 to USD 32.7 billion by 2029, at a compound annual growth rate (CAGR) of 38.4% during the forecast period. The AI Studio Market is expected to grow significantly during the forecast period, owing to various business drivers like increasing demand for data democratization to facilitate data-driven business decisions, the rising need to optimize data science workflows through historical data-driven predictive models and effortless customizing pre-built AI solutions to tackle distinct organizational pain points and growth prospect.

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June 5, 2024

1,4-Butanediol Market worth $11.1 billion by 2029

The report "1,4-Butanediol Market by Type (Synthetic, and Bio-Based), Applications (THF, PBT, GBL and PU), Technology Type (Reppe , Davy , Butadiene , Propylene Oxide) and Region (Asia Pacific, Europe, and North America) - Global Forecast to 2029", is projected to grow from USD 7.8 billion in 2024 to USD 11.1 billion by 2029, at a CAGR of 7.3% during the forecast period. The growth of the 1,4-butanediol market is expected to be fueled by several factors. Firstly, increasing demand for 1,4-butanediol-derived products across industries such as automotive, textiles, electronics, and pharmaceuticals is a significant driver. Additionally, advancements in production technologies, including bio-based processes and improved catalysts, are enhancing efficiency and reducing costs, thereby boosting market growth. Furthermore, rising environmental concerns and regulations are driving the adoption of bio-based 1,4-butanediol in the manufacturing of biodegradable plastics and sustainable materials.

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June 5, 2024

Air Quality Control Systems Market worth $150.7 billion by 2029

According to a research report "Air Quality Control System Market by Technology (FGD, Electrostatic Precipitators, NOx Control Systems, Scrubber & Mercury Control Systems), Pollutant Type (Gas, Dust, Multi-Pollutant), Product type, End User & Region - Global Forecast to 2029" published by MarketsandMarkets, the global Air Quality Control Systems Market is projected to reach USD 150.7 billion by 2029 from an estimated USD 107.4 billion in 2024, at a CAGR of 7.0% during the forecast period.

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June 5, 2024

Hearth Industry worth $13.4 billion by 2029

The report "Hearth Market by Fuel Type (Electricity, Gas, Wood, Pellet), Product (Fireplaces, Stoves, Inserts), Ignition Type (Electronic Ignition, Standing Pilot Ignition), Placement, Design Vent Availability, Application and Region - Global Forecast to 2029" The Hearth Market is expected to reach USD 13.4 billion by 2029 from USD 10.9 billion in 2024, at a CAGR of 4.2% during the 2024–2029 period. The major factors driving the market growth of the hearth Hearth Industry include rising application in hospitality industry. Additionally, the ongoing technological advancements, rising interest in outdoor hearth products, and visually appealing designs in hearth products provide growth opportunities to the market players.

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June 5, 2024

Bromine Market worth $3.3 billion by 2029

The report "Bromine Market by Derivative (Organobromine, Clear Brine Fluids and Hydrogen Bromide), Application (Flame Retardants, PTA Synthesis, Water Treatment & Biocides, HBR Flow Batteries), End-user & Region - Global Forecast to 2029", is projected to grow from USD 2.6 billion in 2024 to USD 3.3 billion by 2029, at a CAGR of 4.6% from 2024 to 2029. Rapid industrialization and infrastructure development in various regions drive the demand for bromine-based products. Additionally, investments in mining and production facilities are further boosting market growth.

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June 4, 2024

Digital Key Cabinet Industry worth $225 million by 2029

The report "Digital Key Cabinet Market by Offering (Hardware, Software & Services), Application (Commercial, Residential, Government & Military), Capacity (Up to 50 Keys, 51-100 Keys, Above 100 Keys) and Region - Global Forecast to 2029" The global digital key cabinet market is projected to grow from USD 160 million in 2024 to USD 225 million by 2029, registering a CAGR of 7.1% during the forecast period. The digital key cabinets market is driven by several key factors, including the growing demand for enhanced security and efficient key management systems across various sectors such as commercial, industrial, and residential. The rise in security breaches and the need for controlled access to sensitive areas have prompted organizations to adopt digital solutions for key management. Additionally, technological advancements, such as the integration of IoT and cloud-based systems, have made digital key cabinets more appealing due to their ability to offer real-time monitoring, remote access, and automated audit trails.

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June 4, 2024

Virtual Extensible LAN (VXLAN) Industry worth $3.2 billion by 2029

According to a research report "Virtual Extensible LAN (VXLAN) Market by Offering (Hardware, Software, Services), Application (Software-Defined Networking Overlays, Network Function Virtualization), Vertical (Manufacturing, BFSI, Healthcare) and Region - Global Forecast to 2029" published by MarketsandMarkets, the VXLAN  market is expected to reach USD 3.2 billion by 2029 from USD 1.6 billion in 2024, at a CAGR of 15.0 % during 2024–2029.  

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June 4, 2024

Enzymes Industry worth $20.4 billion by 2029

According to a research report "Enzymes Market by Product Type (Industrial Enzymes and Specialty Enzymes), Source (Microorganism, Plant, and Animal), Type, Industrial Enzyme Application, Specialty Enzymes Application, Reaction Type and Region - Global Forecast to 2029" published by MarketsandMarkets, the global Enzymes market size is estimated to be valued at USD 14.0 billion in 2024 and is projected to reach USD 20.4 billion by 2029, recording a CAGR of 7.8%. The biopharmaceutical industry's rapid growth, driven by advancements in biotechnology and personalized medicine, presents significant opportunities for the enzyme market. Enzymes are indispensable in biopharmaceutical manufacturing processes, including protein expression, purification, and modification. They are also used in the development of biologics such as monoclonal antibodies, vaccines, and gene therapies. As the demand for biopharmaceuticals continues to soar, driven by the aging population and increasing prevalence of chronic diseases, the need for enzymes in biopharmaceutical production is expected to escalate, driving market growth.

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June 4, 2024

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