The market for silicon metal is anticipated to expand at a CAGR of 5.5% during the forecast period of 2022 and 2030. Silicon metal is utilized in numerous industries. In the chemical industry, it is utilized to produce silicon compounds and silicon wafers for use in photovoltaic solar cells, electronic semiconductors, and other applications.
The market for biaxially oriented polypropylene (bopp) films is anticipated to increase at a CAGR of 6.5% between 2022 and 2030. BOPP (Biaxially Oriented Polypropylene) sheets are an extensively used thermoplastic polymer for packaging. This polypropylene film is extendable along and across the machine direction. This stretching confers improved printability, low gauge, clarity, flatness, and twist retention to BOPP films.
The global market for viral inactivation reached USD 550 million in 2021 and is anticipated to expand at a CAGR of 12.5% from 2022 to 2030. Regulatory authorities require viral inactivation testing for investigational new drug (IND) submission, and it is essential for the process development of biologicals including tissue and tissue products, stem cell products, cellular and gene therapy products, blood and blood products, vaccines, and therapeutics.
The market for phosphorescent pigments is predicted to increase at a CAGR of over 4.5% during the forecast period. Increasing demand for paints and coatings and expanding product use in signboards are the primary forces driving the market under research. The increasing usage of phosphorescent pigments as an addition to plastics may present an opportunity. Typically, fluorescent pigments may absorb both visible and non-visible electromagnetic waves and radiations, and then emit the absorbed energy at the correct wavelength.
The global IT Operations and Service Management market was valued at USD 17 billion in 2021 and is anticipated to expand at a CAGR of 12.5% during the forecast period of 2022 and 2030. During the aforementioned time frame, the increased IT operations data and rising emphasis on the deployment of cloud-based ITOA solutions had a positive effect on the sector.
The global revenues of alcohol ethoxylates market is anticipated to increase at a CAGR of 4.5% during the forecast period of 2022 to 2030. Over the forecast period, demand for industrial & institutional and household cleaners of superior quality is anticipated to drive market growth. In addition, the rising demand for biodegradable surfactants by application industries is predicted to stimulate market growth.
During the projection period of 2022 to 2030, the global market for surgical stapling devices is estimated to grow at a CAGR of 7.8%. The rising number of surgical procedures, the increased usage of surgical stapling devices in bariatric surgeries, and the growing desire for minimally invasive procedures are some of the key factors driving the growth of the surgical stapling devices market in the future years.
The market for styrenic polymers had a value of $3.5 billion in 2021 and is predicted to develop at a CAGR of 7.5% between 2022 and 2030. Styrenic polymers are low-cost plastics that constitute a broad family of styrene-based plastic goods. Due to their amorphous form, these polymers may be treated easily at temperatures much above their softening point and across a broad temperature range. Styrenic polymers have a melting point that is not different from partly crystalline polymers.
The rare kidney disease treatment market is expected to expand at a CAGR of 6% during the forecast period of 2022 to 2030 The global market for rare kidney disease treatment market was valued at US$ 2.5 Bn in 2021. The fact that only a relatively small number of people are afflicted, the fact that the causes of the disease are unclear, the absence of diagnostic biomarkers, and the demand for sophisticated care are the primary hurdles encountered when diagnosing and treating these diseases.
During the forecast period from 2022 to 2030, the worldwide ferroalloys market is anticipated to expand at a 7.5% CAGR. Consistent global steel production is expected to boost market expansion. Ferroalloys are a group of materials commonly used to create steel, made of iron and different alloying metals. Ferroalloys are utilised to increase the unique properties of steel products during the steelmaking process.
