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Showing posts from October, 2022

Epoxy Composite Market Is Registering A CAGR Of 8.3% Over The Forecast Period

  Epoxy Composite Industry Overview The global  epoxy composite market  size is expected to reach USD 55.97 billion by 2028, registering a CAGR of 8.3% over the forecast period, according to a new report by Grand View Research, Inc. Growing usage of advanced lightweight functional materials in various industries, such as automotive & transportation, aerospace & defense, and wind energy, is expected to drive the market.   Increasing demand for composites in the automotive industry is anticipated to boost the market growth over the forecast period. Rising fuel prices have triggered the need for fuel-efficient vehicles, which is expected to increase the usage of composites. Composites are majorly utilized as the replacement for aluminum, wood, and steel on account of their higher strength-to-weight ratio. The high manufacturing cost of composites is challenging the growth and profitability of the market across the world. In addition, initial capital investme...

Botanical Supplements Market Size Worth $55.18 Billion By 2028

  Botanical Supplements Industry Overview The global  botanical supplements market  size is expected to reach USD 55.18 billion by 2028, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 9.1% from 2020 to 2028. Growing awareness among consumers concerning the health benefits related to the consumption of botanical supplements is predicted to boost the growth of the market.   The market is expected to witness significant growth over the forecast period owing to changing lifestyles, rapid urbanization, rising health consciousness, and increasing per capita income. In addition, lifestyle diseases such as malnourishment, overweight, and blood pressure, coupled with the high cost of medical treatments, are expected to create health awareness among consumers, which, in turn, is anticipated to fuel the product demand. Supplements are primarily consumed to ensure the intake of nutritional constituents that are important for ...