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Fiber Optics Market Improves with Enhanced Optical Module Innovation

The global   fiber optics market   size was valued at USD 8.76 billion in 2022 and is projected to reach USD 14.93 billion by 2030, expanding at a CAGR of 6.9% from 2023 to 2030. Fiber optics technology has advanced significantly through continuous global research and R&D efforts, enabling more efficient communication systems and high-performance data transmission. Key Market Trends & Insights The Asia Pacific region emerged as the leading market in 2022, accounting for a 28.8% revenue share, supported by rapid digitalization, large-scale fiber deployments, and government-led connectivity programs. In the same year, the U.S. recorded approximately 91.9 million km of fiber optic cable laid across the country, showcasing strong infrastructure expansion. Based on type, the multi-mode fiber optic segment held the largest share at 53.6% in 2022, owing to its cost-effectiveness and suitability for short-distance communication. By application, the telecom segment dominated wi...
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Glass Manufacturing Market Gains Momentum from Construction Upswing

The global   glass manufacturing market   was valued at USD 121.4 billion in 2024 and is projected to reach USD 167.5 billion by 2030, expanding at a CAGR of 5.6% from 2025 to 2030. This growth is largely driven by increasing demand from the construction sector for energy-efficient, sustainable glass products, supported by rapid urbanization and continued infrastructure development across emerging economies. Key Market Trends & Insights The Asia Pacific region dominated the market with a 41.0% revenue share in 2024. China led the Asia Pacific market and held the largest regional share in 2024. By material, container glass accounted for the largest share of 47.1% in 2024. By application, packaging held the largest share at 37.3% in 2024. Market Size & Forecast 2024 Market Size: USD 121.4 billion 2030 Projected Market Size: USD 167.5 billion CAGR (2025–2030): 5.6% Asia Pacific: Largest regional market in 2024 Rising adoption of lightweight and advanced glass materials in...
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Galacto-oligosaccharide Market Gains Momentum in Sports Nutrition Use

The global   galacto-oligosaccharide (GOS) market   size was valued at USD 906.8 million in 2024 and is projected to reach USD 2,080.8 million by 2033, expanding at a CAGR of 9.7% from 2025 to 2033. Market growth is strongly supported by the increasing adoption of galacto-oligosaccharides across infant nutrition, functional foods, and dietary supplements. As consumers become more health-conscious, demand for prebiotics like GOS continues to accelerate, especially due to their benefits for digestive wellness and immunity. Key Market Trends & Insights Asia Pacific dominated the galacto-oligosaccharide (GOS) market with the largest revenue share of 37.1% in 2024. The China galacto-oligosaccharide (GOS) market is growing substantially due to the rising demand for GOS in China is the growing awareness about gut health. By application, the food & beverage segment is expected to grow at the highest CAGR of 9.6% from 2025 to 2033 in terms of revenue. By form, the powder segmen...
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Expanded Polystyrene Market Gains from Cold-Chain Logistics Expansion

The global   expanded polystyrene (EPS) market   size was estimated at USD 17.82 billion in 2024 and is projected to reach USD 29.04 billion by 2033, growing at a CAGR of 5.6% from 2025 to 2033. This growth is primarily driven by increasing social factors such as enhanced focus on occupant health, well-being, sustainable business practices, and community-centric development. Key Market Trends & Insights Asia Pacific dominated the global expanded polystyrene market, contributing 41.06% of total revenue in 2024. China is expected to see rapid expansion due to fast urbanization, major infrastructure projects, and strong government backing for energy-efficient construction materials. By product, white EPS held the leading position with a 58.77% revenue share in 2024. By application, the construction sector remained dominant, accounting for 44.84% of global revenue in 2024. Market Size & Forecast 2024 Market Size: USD 17.82 billion 2033 Market Size Projection: USD 29.04 bil...
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Dehumidifier Market Benefits From Adoption of Energy-Efficient Models

The global   dehumidifier market   size was estimated at USD 3.39 billion in 2024 and is projected to reach USD 5.12 billion by 2030, expanding at a CAGR of 7.3% from 2025 to 2030. The steady growth of the construction and real estate sectors continues to support market expansion, as newly developed buildings increasingly require reliable humidity control systems to maintain optimal indoor air quality. Key Market Trends & Insights North America accounted for a significant 36.3% revenue share in 2024, driven by high adoption of air quality management systems. Fixed dehumidifiers led the market by product type, representing 57.0% of the market share in 2024. By application, the industrial segment dominated the market with a 45.6% share of global revenue in 2024. By technology, refrigerative dehumidifiers accounted for 30.1% of the market in 2024. Market Size & Forecast 2024 Market Size: USD 3.39 Billion 2030 Projected Market Size: USD 5.12 Billion CAGR (2025–2030): 7.3% ...
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Heat Transfer Fluids Market Expands in Petrochemical Applications

The global   heat transfer fluids market   size was estimated at USD 11.1 billion in 2023 and is projected to reach USD 14.22 billion by 2030, expanding at a CAGR of 3.7% from 2024 to 2030. One of the primary drivers of this growth is the rapid global adoption of concentrated solar power (CSP) systems. Heat transfer fluids (HTFs), derived mainly from petroleum-based sources, play a vital role in preventing overheating and storing thermal energy across a range of industrial applications. Key Market Trends & Insights Asia Pacific dominated the global market in 2023, accounting for 47.9% of total share. By product type, glycol-based fluids are anticipated to grow at a CAGR of 4.1% during the forecast period. By application segment, oil & gas remained the leading category with a 22.2% revenue share in 2023. Market Size & Forecast 2023 Market Size: USD 11.1 Billion 2030 Projected Market Size: USD 14.22 Billion CAGR (2024–2030): 3.7% Region Leader (2023): Asia Pacific Ex...
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Aluminum Extrusion Market strengthened through alloy innovations

The global   aluminum extrusion market   size was estimated at USD 91.38 billion in 2024 and is projected to reach USD 146.82 billion by 2030, registering a CAGR of 8.4% from 2025 to 2030. Growing adoption of aluminum in the automotive and transportation sectors—spanning both internal combustion engine vehicles and Electric Vehicles (EVs)—is significantly driving market expansion due to its lightweight, high-strength, and energy-efficient characteristics. Key Market Trends & Insights Asia Pacific dominated the global market in 2024 with a revenue share of over 71.0%, supported by strong industrialization and robust manufacturing output. By product, the shapes segment held the largest share at 79.0% in 2024, driven by its versatile application across automotive, architectural, and industrial uses. By application, building & construction remained the leading segment, accounting for over 60.0% of global revenue in 2024, owing to the rising demand for durable, lightweight,...
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