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3 Posts
Recent Updates
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Baobab Ingredient Market Poised for Steady Expansion Amid Growing Nutraceutical and Food ApplicationsThe global Baobab Ingredient Market was valued at USD 5.2 billion in 2022 and is projected to reach USD 8.2 billion by the end of 2031. This growth is driven by rising demand for natural and functional ingredients across the food & beverage, nutraceutical, and cosmetic industries. From 2023 to 2031, the market is expected to expand at a CAGR of 5.2%, supported by increasing consumer...0 12React Broadcast
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Automotive Braking Component Market Poised for Consistent Growth Over the Next DecadeThe global automotive braking component market was valued at USD 47.9 billion in 2022 and is projected to reach USD 68.3 billion by the end of 2031. Steady growth in vehicle production, rising focus on road safety, and continuous advancements in braking technologies are expected to drive the market, which is estimated to expand at a CAGR of 4.0% from 2023 to 2031. Automotive braking components...0 22
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Global Aviation Lubricants Industry Shows Steady Growth Amid Rising Aircraft FleetThe global aviation lubricants market was valued at USD 991.8 million in 2022 and is projected to reach USD 1.6 billion by the end of 2031. Driven by the steady recovery of air travel, rising aircraft fleet size, and growing demand for high-performance lubricants to enhance engine efficiency and reliability, the market is expected to expand at a CAGR of 5.4% from...0 23
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