Sodium Chlorate Market Expected to Reach Strong Growth by 2023
According to the latest report by IMARC Group titled, “Sodium Chlorate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global sodium chlorate market reached a volume of around 3.86 Million Tons in 2017, growing at a CAGR of around 4% during 2010-2017. Sodium chlorate is an inorganic chemical compound with the formula NaClO3. It is found as a white powder which easily dissolves in water and disintegrates into sodium chloride and oxygen above 300 °C. It is produced industrially by the electrolysis of brine in the presence of hydrochloric acid as pH regulator, and sodium dichromate as catalyst.
Ginger Processing Market Projected to Reach a Value of US $ 3 Billion by 2023
According to the latest report by IMARC Group, titled “Ginger Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global ginger processing market reached a value of around US$ 2 Billion in 2017, exhibiting a CAGR of around 10% during 2010-2017. Ginger is regarded as one of the most widely used dietary condiments which is commonly added in Asian cuisines owing to its pungent aroma and peppery flavor. The aroma of ginger results from the presence of ketones, particularly gingerols, which are the main bioactive compounds with powerful anti-inflammatory and antioxidant properties. Some of the nutrients which are abundantly found in ginger include magnesium, phosphorus, zinc, folate...
Ice Maker Market is Expanding at a CAGR of Around 6% During 2019-2024
IMARC Group’s recent report, entitled “Ice Maker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimated the global ice maker market reached a value of US$ 4.35 Billion in 2018. Ice maker, commonly known as an ice machine, may refer to both a stand-alone appliance and industrial machine which produce ice for both residential as well as commercial uses. Depending on the requirement of the consumer, it is available in different sizes, ranging from small to large. Some of the basic components which are used in the production of an ice maker include motor, valves, blades, thermostat, heater terminal, evaporator, condenser, compressor and throttle valve.
Global Tartaric Acid Market Projected to Reach a Value of More Than US$ 395 Million by 2024
According to the latest report by IMARC Group, titled “Tartaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global tartaric acid market reached a value of nearly US$ 303 Million in 2018, growing at a CAGR of around 6% during 2011-2018. Tartaric acid is a naturally occurring white carboxylic acid which is present in different types of plants such as bananas, apricots, apples, grapes and tamarinds. Apart from this, it can also be synthetically manufactured from maleic anhydride. Tartaric acid first came into recognition in the late 1760s, when it was isolated by Carl Wilhelm Scheele who boiled tartar with chalk and then decomposed it with sulfuric acid. With time, it also played...
Cross Laminated Timber Market Projected to Grow at a CAGR of 15% during Forecast Period
Cross laminated timber (CLT) is a panel of wood, designed by gluing together layers of solid-sawn timber. The process offers improved dimensional stability to the product, in-plane and out-of-plane strength, stiffness and increases the splitting resistance. Over the years, cross laminated timber has replaced other concrete alternatives such as steel and masonry due to their cost effectiveness, easy and faster installation, high strength, etc. A new research report by IMARC Group, titled “Cross Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth US$ 564 Million in 2017. The report further anticipates the market to reach a value of approximately US$...
Global Robotic Vacuum Cleaner Market is Expected to Reach at a CAGR of 11.4% During 2019-2024
According to the latest report by IMARC Group, titled “Robotic Vacuum Cleaner Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global robotic vacuum cleaner market size reached US$ 3.9 Billion in 2018. A robotic vacuum cleaner, also known as robovac, refers to an advanced vacuum cleaning device which is furnished with intelligent software to clean tiles, carpets and hardwood floors with minimal or no human intervention. It employs cameras and sensors that assist in cleaning corners and averting it from colliding with other objects or falling from a height. In comparison with conventional vacuum cleaners, robotic vacuum cleaners are compact, produce less noise and complete chores in relatively...
Global Water Bath Market is Expected to Reach US$ 192.7 Million by 2024
The latest report by IMARC Group, titled “Water Bath Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global water bath market size reached US$ 143.8 Million in 2018. A water bath is a type of scientific equipment which is used for incubating sensitive samples that cannot be ignited or kept in direct dry heat; performing chemical reactions at high temperature; melting substrates; and warming reagents. It consists of a heating unit, control interface and stainless-steel chamber to hold water and the samples. Nowadays, there are different types of water baths available in the market with either digital or analog interface for temperature regulation. These water baths also have...
UAE Smart Lighting Market Expected to Reach Strong Growth by 2024
According to the latest report by IMARC Group, titled “UAE Smart Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the UAE smart lighting market size is currently expanding at a moderate pace. Smart lighting is a type of smart building technology that uses lighting sensors to control the lighting installed in a campus or building. These systems generally utilize LED light bulbs, which are capable of connecting to the internet of things (IoT), collecting usage data and enabling complete automation. Smart bulbs can also integrate with Wi-Fi, Bluetooth or a proprietary connection so they can be remotely controlled through smartphone apps or a home/building automation hub. In the UAE, the smart...
Global Hydration Belt Market to Reach US$ 3.2 Billion by 2024
As per the latest report by IMARC Group, titled “Hydration Belt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global hydration belt market size reached US$ 2.6 Billion in 2018. Hydration belts are a type of sports gear used for storing water during outdoor activities such as running, jogging and cycling. Water plays a pivotal role in lubricating joints, transporting nutrients, maintaining a balance of body fluids and regulating the body’s temperature. While performing physical activities, inadequate hydration may lead to syncope, headaches and muscle cramps, owing to which, athletes and sports enthusiasts utilize hydration belts to keep themselves hydrated. These belts assist in sufficing...
Global Healthcare IT Market is Expected to Reach US$ 91.3 Billion by 2024
According to the latest report by IMARC Group, titled “Healthcare IT Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global healthcare IT market reached a value of US$ 62.1 Billion in 2018. Healthcare IT is an area of information technology which involves the use of computerized systems for storing information in medical organizations. It assists in managing, regulating and mechanizing operations and securing information exchange amongst service providers, patients and organizations. The utilization of IT services for admitting patients, maintaining records of treatments and scheduling follow-ups helps to make these processes error-free. The availability of new technologies like automated...