Day: January 8, 2024

Rising demand for KCL in the fertilizer and food industries and increasing need of KCL from multiple end-industries, including metal, glass, and petroleum sectors are key factors driving potassium chloride market revenue growth Vancouver, Jan. 08, 2024 (GLOBE NEWSWIRE) — The global potassium chloride market size was USD 13.08 Billion in 2022 and is expected to register a rapid revenue CAGR of 3.3% during the forecast period. Rising demand for KCL in the fertilizer and food industries and increasing need of potassium chloride from multiple end-industries, including metal, glass, and petroleum sectors are key factors driving market revenue growth. An emerging trend in the market is increasing consumption of potassium chloride in healthcare and pharmaceutical sectors. Potassium chloride is an ingredient in drugs and treatments that...

Rising demand for petrolatum in the pharmaceutical sectors and increasing use of petrolatum in the manufacturing of personal care and cosmetic products are key factors driving petrolatum market revenue growth. Vancouver, Jan. 08, 2024 (GLOBE NEWSWIRE) — The global petrolatum market size was USD 1.84 billion in 2022 and is expected to register a rapid revenue CAGR of 3.0% during the forecast period. Rising demand for petrolatum in the pharmaceutical sectors and increasing use of petrolatum in the manufacturing of personal care and cosmetic products are key factors driving market revenue growth. The rising demand for petrolatum in pharmaceutical and cosmetic items is another key factor driving revenue growth of the market. Petrolatum creates a sealing barrier over dry and wounded skin, trapping moisture and promoting the skin’s...

Increasing expenditures on infrastructure development and rising demand for reliable and efficient transportation are key factors driving Smart highway market revenue growth. Vancouver, Jan. 08, 2024 (GLOBE NEWSWIRE) — The global smart highway market size was USD 20.90 Billion in 2022 and is expected to register a rapid revenue CAGR of 18.7% during the forecast period. Increasing expenditures on infrastructure development and rising demand for reliable and efficient transportation are key factors driving market revenue growth. Smart highway speed restrictions, guided by sensors and speed cameras, adapt to actual conditions on the route, which automatically respond to changes in traffic, such as queues and accidents, aiming to improve traffic flow. These restrictions not only enhance safety through speed control and warning systems,...

Rising demand for tin in the manufacturing of Electric Vehicles (EVs) and rapid growth of the electrical and electronics sector are major factors driving Tin market revenue growth.Vancouver, Jan. 08, 2024 (GLOBE NEWSWIRE) — The global tin market size was USD 7.09 billion in 2022 and is expected to register a rapid revenue CAGR of 3.6% during the forecast period. Rising demand for tin in the manufacturing of Electric Vehicles (EVs) and rapid growth of the electrical and electronics sector are major factors driving market revenue growth. Tin is a common ingredient in solders, a substance used to connect different electronic components to guarantee excellent electrical conductivity and durable couplings. These solders are widely used in various consumer electronics, including smartphones, laptops, and wearable technology. In...

Increasing prevalence of cancer and technological advancements in tumor ablation are key factors driving tumor ablation market revenue growth. Vancouver, Jan. 08, 2024 (GLOBE NEWSWIRE) — The global tumor ablation market size was USD 1.68 Billion in 2022 and is expected to register a rapid revenue CAGR of 13.6% during the forecast period. Increasing prevalence of cancer and technological advancements in tumor ablation are key factors driving market revenue growth. Tumor ablation devices are used in the treatment of tumors, particularly in cases where surgery is not a viable option or when patients seek minimally invasive alternatives. The World Health Organization (WHO) estimated that 10 million deaths, or approximately one in six attributable to cancer in 2020, making it the leading cause of death worldwide. American Cancer Society...