Year: 2022

Global sport drink market size was valued at USD 27.22 billion in 2021, and it is expected to reach a value of USD 36.35 billion by 2028, at a CAGR of 4.2% over the forecast period (2022-2028). Westford, USA, Nov. 16, 2022 (GLOBE NEWSWIRE) — As the world continues to become more and more competitive, people are looking for ways to improve their performance. One way to do this is by consuming sport drinks. These drinks are designed to help athletes perform at their best, and they are quickly becoming popular among consumers. There are a number of reasons why sport drinks market is witnessing a high demand. First, they provide energy and stamina during long workouts or races. Second, they can help reduce fatigue and increase endurance. Third, they can help improve cognitive function and mood. Additionally, sport drinks contain electrolytes...

Global composites market size was valued at USD 88.5 billion in 2021, and it is expected to reach a value of USD 138.43 billion by 2028, at a CAGR of 6.6% over the forecast period (2022-2028). Westford, USA, Nov. 16, 2022 (GLOBE NEWSWIRE) — Global production of composites is forecast to grow by 2.5% per year during the forecast period. This growth of the composites market will be driven by increasing demand for composites in the automotive and aviation sectors. The automotive sector is projected to consume the most composites, with a growth rate of 4%. The aviation sector is forecast to grow even more quickly, at 6.9%. in fact, the automotive market will account for the largest share of the composite market in 2021, at 56%. This is followed by the industrial market with a share of 34%. However, even though the industrial market...

Global motorcycle market size was valued at USD 119.33 billion in 2021, and it is expected to reach a value of USD 223 billion by 2028, at a CAGR of 8.4% over the forecast period (2022-2028). Westford, USA, Nov. 16, 2022 (GLOBE NEWSWIRE) — Global motorcycle market is growing at a healthy CAGR of 8.4% primarily due to increasing demand from developing countries, such as China and India. In addition, growth in traditional markets such as Europe and North America is also anticipated. SkyQuest study says that motorcycles will account for 16% of total worldwide vehicle sales by 2025. This is up from 13% in 2018. The main reasons for this growth are increasing demand from developing countries, along with growing interest in electric motorcycles. For instance, in the last 9 months, the global motorcycles production was recorded at 40.5...

Global resin market size was valued at USD 527.9 billion in 2021, and it is expected to reach a value of USD 732.96 billion by 2028, at a CAGR of 4.8% over the forecast period (2022–2028). Westford, USA, Nov. 16, 2022 (GLOBE NEWSWIRE) — There is a growing demand for resin market as a result of the increasing popularity of composite materials and other innovative uses. Composite materials are made up of multiple layers, and one of the most common layers is a resin. Resin has many properties that make it ideal for use in composites, such as its strength, heat resistance, flexibility, and ability to resist wear. This increase in demand for resin market has led to an increased production of resin by companies around the world. The two main types of resin are polyesters and polyurethanes. Polyesters are usually used in applications...

Figure 1 Transferred Claims & Excluded ClaimsNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Nov. 16, 2022 (GLOBE NEWSWIRE) — Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF) is pleased to announce that the Company has entered into a definitive agreement (the “Agreement”), pursuant to which Troilus has agreed to sell a package of 1,824 claims which represents an area of approximately 985 square kilometres (the “Transferred Claims”) to a subsidiary of Sayona Mining Limited (“Sayona”) by way of an asset sale (the “Sale”). The Transferred Claims do not include any of the claims on which Troilus has a current National Instrument 43-101 (“NI 43-101”) gold and copper resource estimate on which its Preliminary Economic Assessment (“PEA”) from August...

According to Fortune Business Insights, the global variable frequency drive market was valued at USD 19.21 billion in 2021, and is projected to reach USD 32.31 billion by 2029, growing at CAGR of 7.2% from 2022 to 2029 Pune, India, Nov. 16, 2022 (GLOBE NEWSWIRE) — The global variable frequency drive market size is expected to grow from USD 19.87 billion in 2022 to USD 32.31 billion by 2029, exhibiting a CAGR of 7.2% during the forecast period. The increasing adoption of energy-optimized products such as variable frequency drive across several industrial applications globally to boost market growth, states Fortune Business Insights™, in its report titled “Variable frequency drive Market, 2022-2029.” According to our researchers, the fact that the technology aids to manage the operating pace to decrease energy consumption...