Posts

Showing posts from December, 2023

Harnessing the Potential of Vacuum Pumps

  Meticulous Research ® —a leading global market research company, published a research report titled, ‘ Vacuum Pumps Market  by Type (Gas Transfer Pumps, Gas Bindings/Entrapment Pumps), Lubrication (Dry Vacuum Pumps, Wet Vacuum Pumps), Pressure, End-use Industry and Geography - Global Forecasts to 2030 .’ The vacuum pumps market is projected to reach $7.57 billion by 2030 from an estimated $5.51 billion in 2023, at a CAGR of 4.6% during the forecast period of 2023 to 2030. The growth of the vacuum pumps market is driven by the rising adoption of vacuum pumps in the mining industry, the growing significance of vacuum pumps in the chemicals industry, and the growth in the automotive sector. However, the high-power consumption of vacuum pumps restrains the growth of this market. The rising adoption of vacuum pumps for seawater desalination and the growing importance of vacuum pumps in the photovoltaics value chain are expected to create growth opportunities for the...

Latin America Biofertilizers Market to Reach $408.6 Million by 2030

  Meticulous Research ® —a leading global market research company, published a research report titled,  ‘ Latin America Biofertilizers Market  by Microorganism Type (Nitrogen-fixing Microbes, Phosphate Solubilizing Microbes), Crop Type (Cereals & Grains, Oilseeds & Pulses), Mode of Application (Seed Treatment, Fertigation), Form (Dry) - Forecast to 2030.’ According to this latest publication from Meticulous Research ® , the Latin America biofertilizers market is projected to reach $408.6 million by 2030, at a CAGR of 12% from 2023 to 2030. The growth of the Latin America biofertilizers market is mainly attributed to the increase in the adoption of biofertilizers for organic farming, growing concerns regarding environmental safety, increasing and favorable government policies, and supportive initiatives to promote biofertilizers. However, the high cost of biofertilizers is expected to restrain the growth of this market to a notable extent. The Latin America bio...