Exceeding revenues of US$17 Bn in 2018, global carbon black market is all set for a strong growth outlook between 2021 and 2025. While worldwide carbon black production volume was recorded to be around 15 MT, its adoption for a wide range of rubber and non-rubber applications is likely to boost both production and demand. Fairfield Market Research in its latest published report forecasts a...

Fairfield Market Research’s latest study predicts that the global lithium mining market is expected to be worth US$1,630.30 Mn by 2025 from US$ 829.73 Mn in 2019. The significant rise will be attributable to the soaring popularity of electric vehicles (EV), which use lithium-ion battery or Li-ion battery for operating. The growing pressure on governments across the globe to curb...

Over the recent past, the identity and access management (IAM) framework has significantly evolved. The emergence of next-gen technologies such as biometrics, blockchain, ML, and AI has created novel opportunities for innovation in the field of identity and access management. Consequently, the demand for sophisticated and innovative IAM solutions is rapidly increasing around...

As the automotive sector goes through a considerable shift, the market for vehicle batteries is anticipated to grow significantly. Vehicle batteries are in increasingly high demand as the number of vehicles that are electrified rises. The global market for vehicle batteries will grow at a CAGR of 4.64% between 2021 and 2030, predicts Fairfield Market Research. Analysts predict that...

Social Networking App Market All Set to Leverage Mounted Adoption of Tailored Feed-based Apps The global social networking app market is making a major breakthrough with high-tech advancements. The use of tailored feed-based apps and an uptick in demand for 5G technologies have created headways for the social networking app market expansion. Furthermore, businesses around the world...

Over the recent past, demand for personalized food items has grown tremendously. Due to this, leading manufacturers in the food and beverages industry are incorporating novel methods to develop products best suited to their prospective customers’ needs. In this context, 3D food printing has been observing exceptional demand. This technology aids in the customisation of food...

The global active electronic components market is driven by its integral role in powering telecom equipment and other networking devices, as well as in consumer electronics such as smartphones and laptops. The automotive industry's adoption of automation has also augmented the demand for active electronic components, which are used in driver assistance systems, DC to AC converters,...

Active Optical Cable Market Gains Momentum as Application Base Extends Beyond Tech Industry The low power consumption, short bend radius for installation, and light weight of the active optical cable (AOC) have significantly surged its demand over the past years. The applications of active cables are growing in various end-use industries such as energy and power, oil and gas, and...

Increased Consumer Spending on Hair Reinstatement Solutions to Propel Alopecia Treatment Market Growth The growing prevalence of diseases such as cancer, polycystic ovary syndrome, and rheumatoid arthritis cause hair loss. To prevent hair loss and preserve scalp health, individuals opt for alopecia treatments. Availability of pipeline products for treatment is making significant contributions...

The global ammonium sulphate market is growing on the back of ammonium sulphate’s numerous benefits in the agriculture sector. Owing to high nitrogen and sulfur content, ammonium sulfate is being increasingly used to boost crop yield. Key factors such as expansion of the agriculture sector, research and development activities, consumer knowledge of product’s advantage, and...

World over, the incidence of bacterial infections is growing at a significant rate. Numerous bacterial infections such as respiratory infections, urinary tract infections, skin infections, and tuberculosis, are turning into a global burden. For instance, according to the World Health Organisation (WHO), approx. 1.4 million individuals have lost their lives to tuberculosis in 2019 and the...

The global artificial intelligence market is set to grow from its 2019 valuation of US$29.9 Bn and reach a whopping US$718.7 Bn valuation by 2030. Particularly, between 2022 and 2030, the expected CAGR of the market will be 32.1%. In recent times, Artificial Intelligence (AI) has emerged as a pivotal technological advancement of the digital age. The versatility and wide-ranging...

Baby Stroller Market to Flourish amid Shooting Consumer Spending on Baby Care Products  The growing trend of travelling among baby boomers and millennials is facilitating the expansion of the baby stroller market. Baby strollers make travelling easy and convenient for parents. Moreover, the rising concerns apropos to baby safety have led to parents buying various baby care products...

The global bioactive materials market has been benefitting from the growing application of bioactive materials in various therapies including nanomedicines, mechanical interlocks, and dental and bone tissue healing. In addition to this, bioactive materials have also gained significant prominence in plastic surgeries due to their superior biocompatibility and biodegradability....