Industrial Valves Procurement Intelligence
The industrial valves category is anticipated to grow at a CAGR of 5.7% from 2023 to 2030.
The growth in the category is mainly driven by the rising usagae of valves in power, oil & gas, metalworking, and chemical industries. To keep up with the growing demand, valve producers must lower fabrication costs while keeping up...
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Heat Exchanger Procurement Intelligence
The heat exchanger category is expected to grow at a CAGR of 5.1% from 2023 to 2030.
The increasing demand for energy-efficient solutions is expected to drive the category growth. In 2021, the International Energy Agency (IEA) predicted that energy-efficient heat exchanger technology will aid in reducing world energy demand by up to...
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Healthcare Consulting Services Procurement Intelligence
The healthcare consulting services category is expected to grow at a CAGR of 8.3% from 2023 to 2030.
Some of the major factors driving the demand include the high adoption of digitalization in healthcare businesses and the rising demand for a structured organization with a strong focus on enhanced efficiency. One of...
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Fiber Reinforced Plastics Category Overview
The fiber reinforced plastics category is anticipated to grow at a CAGR of 8% from 2023 to 2030. North America holds the largest market for this category. The demand for Fiber Reinforced Plastics (FRP) has increased in recent years due to their advantages, such as a high strength-to-weight ratio and corrosion resistance, which have made them...
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