Engineering

Driving Innovation: Synthetic Graphite's Crucial Role in Aerospace and Defense According to Stratview Research, the Synthetic Graphite Market is expected to grow from USD 3.23 Billion in 2022 to USD 4.16 Billion by 2028 at a healthy CAGR of 4.3% during the forecast period of 2023-2028. Synthetic graphite, also called artificial graphite, is a man-made substance manufactured by the high-temperature treatment (2,500 to 3,000 degrees Celsius) of amorphous carbon materials.

Industrial Refrigeration System Market Size, Share, Trends, Growth, and Forecast | 2023-2028 Industrial Refrigeration System Market is expected to reach USD 27.08 billion by 2028 from USD 20.27 billion in 2022 at a CAGR of 4.94% during the forecast period of 2023-2028. Industrial refrigeration system refers to a wide range of refrigeration applications such as freezers or liquefaction, and others.

Industrial wastewater treatment market is likely to witness an impressive CAGR of 6.5% during the forecast period. The key factors that are underpinning the demand for industrial wastewater treatments are majorly the growing industrialization and urbanization in the market and the increasing requirement of safe working environment in the industrial facilities.

Ultrasonic Flow Meter Market is estimated prior to this unanticipated outbreak that the Ultrasonic Flow Meter Market is likely to witness an impressive CAGR of 6.8% during the forecast period. Increasing investments in green fields in the regions such as China, surge in demand for advanced flow measuring technologies, and growth in shale gas exploration activities in the US. are the major governing factors fueling the growth of the market during the forecast period.

The global air pollution control equipment market is projected to grow at an impressive rate over the next five years to reach US$ 10.4 billion in 2025. The growing global economy is driving the industrial output, which, in turn, is raising the pollution level, especially in the developing economies because of poor stringent emission control regulations coupled with low awareness about the pollution.

Actuators market is likely to witness an impressive CAGR of 5.2% during the forecast period. Increased investment towards process automation across end-use industries is the major factor driving the demand for actuators.

Agriculture Equipment market is likely to witness a CAGR of 6.3% during the forecast period. The prime factors that are driving the agriculture equipment market are expanding global economy, growing disposable income of consumers, increasing demand for processed foods, packaged foods, and meats.