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Showing posts from July, 2022

North America Tops the Global Vehicle Wash System Market Accounting For 24.8% of Global Market Share In 2022

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From 2022 to 2032, the global vehicle wash system market is projected to grow at a CAGR of 6.2 %, from USD 3.4 billion in 2022 to USD 6.3 billion in 2032.   Because of consumers' growing preference for automation and easier vehicle washing and cleaning, the vehicle wash system market is expected to grow 2.1X over the next few years.   The vehicle wash system market is driven by consumer behaviour, with innovative vehicle wash technologies being adopted at a faster rate than traditional ones. Vehicle wash systems are in high demand in North America and Europe, but Asia-growing Pacific's economies offer manufacturers attractive growth opportunities.   Want A Detailed Understanding of Market Functioning? Request For A Sample Here: https://www.factmr.com/connectus/sample?flag=S&rep_id=1685   Customers favour the touchless vehicle wash system, which is a component of the exterior vehicle wash system technology, due to the delicate

Global Value of Data Protection Software Market in 2032 Is Forecast To Surpass USD 18,500 Million

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The global data protection software market is expected to increase at a CAGR of 31.5% between 2022 and 2032, from USD 1,195 million in 2022 to USD 18,500 million in 2032.   In this hub, prominent players in the data protection software market collaborated with a variety of vendors. This increased the global demand for business-adaptable data security software , as well as the rate of adoption of tap-based backup features that are highly secure against common cyber-attacks. The aforementioned collaborative approach is expected to bring a gain of 840 BPS to the data backup and recovery sub-segment in this market during the projection period of 2022-2032.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=1326   Runtime settings necessitate the use of a specific management tool to manage and safeguard data for a large number of small to large-scale enterprises. As a result,

Global pipeline thermal insulation materials market is estimated to be worth over USD 2.7 Billion in 2022

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The global pipeline thermal insulation materials market is estimated to be worth USD 2.7 billion in 2022 and is expected to exceed USD 4.8 billion by 2032, growing at a CAGR of 6.1% between 2022 and 2032.   Rapid industrial growth in the country, combined with rapid urbanisation and GDP growth, is expected to drive significant growth in the pipeline thermal insulation materials market . Furthermore, the India pipeline thermal insulation materials market is expected to benefit from favourable government policies for the manufacturing sector as well as the country's rising ease of doing business index. Furthermore, rapid growth in the chemical and petrochemical industries is expected to provide a lucrative growth opportunity for the India pipeline thermal insulation materials market over the forecast period.   For More Valuable Information On Regional Market Dynamics, Request A Report Sample: https://www.factmr.com/connectus/sample?flag=S&rep_id=1410

Coating binder consumption value is expected to grow at a CAGR of around 3.1% during the period 2022-2032

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With a CAGR of 3.1% between 2022 and 2032, the global coating binders market is expected to be worth USD 35,133 million in 2022 and USD 50,563 million by 2032.   Furthermore, coating binders produced approximately 40.1 kt in 2021, accounting for 23.5 percent of total binder production, and are expected to grow at a CAGR of approximately 2.8 % through 2032, with output reaching 48.7 kt.   Coating binders play an important role in keeping pigments in place, which is essential for the coating's protective properties. Furthermore, the optimal binder ratio in coatings improves durability and appeal. As a result, coating binders have been identified as the most important chemical in coating formulation.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2373   The highest consumption of coating binder was seen in architectural coatings. This is primarily due to incre

Outdoor Power Equipment Market Is Likely To Witness Growth Rate of Nearly 3.9% CAGR during the Forecasted Years

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The global outdoor power equipment market is expected to grow at a CAGR of 3.9% from 2022 to 2032, with a market valuation of USD 44.8 billion in 2022 and exceeding USD 63.3 billion by 2032.   As people shift to greener energy sources to reduce carbon emissions and improve environmental safety, the world is moving toward more environmentally friendly technologies.   The outdoor power equipment market is mature, and its growth is primarily influenced by factors such as population and age distribution, consumer spending, housing and other constructions, location, and recreational and leisure activities worldwide, which increase consumer sales.   However, robotics and battery technology are expected to play a significant role in the industry's future growth.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=1414   In recent years, the construction indust

Fire Detection Systems Expected To Gain More Than 50% Market Share for Fire Protection System Market

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Fact.MR forecasts that sales of fire protection systems will exceed US$ 138 billion by 2022-2032, with a positive CAGR of 6.3%. Fire incidents have increased due to increased urbanisation and changing commercial infrastructure designs. As a result, the demand for fire protection systems has increased in order to avoid the same.   Historically, from 2015 to 2021, global sales of fire protection systems increased at a CAGR of 6%, surpassing US$ 70 billion by the end of the period. The emergence of the COVID-19 pandemic had an impact on the global supply and demand chain. Because most commercial sectors were closed during the pandemic, demand for fire protection systems fell in the first quarter.   For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=7113   Furthermore, governments all over the world have made the installation of fire protection systems mandatory in order to p