The Philippines lubricants market size is projected to experience significant growth, with a compound annual growth rate (CAGR) of 5.60% between 2025 and 2034. This growth can be largely attributed to several factors, including the increasing number of vehicles on the road, industrial growth, and the rising demand for high-quality lubricants. As the country continues to develop its...

The Vietnam solar energy market size reached an impressive 25.43 TWh in 2024 and is projected to grow at a CAGR of 3.1% between 2025 and 2034, reaching an estimated 33.47 TWh by 2034. As the world increasingly shifts towards sustainable and renewable energy sources, Vietnam’s solar energy market is poised for steady growth, driven by a combination of government policies, technological...

The Australia asset management market size, valued at approximately USD 3.27 billion in 2024, is on a promising growth trajectory. Over the forecast period of 2025-2034, the market is projected to grow at a compound annual growth rate (CAGR) of 6.9%, reaching an estimated value of USD 6.00 billion by 2034. This growth is being fueled by evolving investor preferences, advancements in technology,...

The global mung beans market size is experiencing steady growth, with an expected CAGR of 5.2% from 2025 to 2034. The market was valued at approximately USD 5.24 billion in 2024 and is projected to reach around USD 8.28 billion by 2034. As the demand for plant-based protein sources increases and global awareness of healthy eating habits grows, mung beans are rapidly gaining popularity among...

The global industrial air compressor market size is poised for steady growth in the forecast period of 2025-2034, with an expected compound annual growth rate (CAGR) of 3.90%. Air compressors play a crucial role in various industrial processes by converting power into compressed air, which is used across industries for tasks ranging from powering tools to enabling automation systems....

The global shortening fats market size is set to grow steadily at a CAGR of 4.3% during the forecast period of 2025 to 2034, driven by the increasing demand from the processed food industry. Shortening fats, primarily used in baking and frying, play a critical role in improving texture, shelf life, and taste in various food products. Their versatility across industries, from bakery to snacks,...

The global antifreeze market size, valued at approximately USD 7.68 billion in 2024, is set to experience robust growth in the coming decade. Driven by rising automotive demand, technological advancements, and the growing need for efficient thermal management systems, the market is projected to grow at a compound annual growth rate (CAGR) of 6.7% between 2025 and 2034, reaching an estimated...

The global electric drives market size is expected to experience steady growth over the forecast period of 2025-2034, with a compound annual growth rate (CAGR) of 4.50%. Electric drives, which are essential components for controlling the speed, torque, and direction of electric motors, are increasingly being adopted across industries due to their efficiency, precision, and ability to automate...

The global luxury goods market size, valued at approximately USD 346.19 billion in 2024, is poised for steady growth. With an estimated compound annual growth rate (CAGR) of 4.4% during the forecast period of 2025-2033, the market is projected to reach a value of USD 510.06 billion by 2033. This expansion reflects the growing appetite for premium products across various segments, driven by...

The global text-to-speech market size is rapidly gaining momentum, reaching a value of approximately USD 3.45 billion in 2024. As digital transformation accelerates, this market is set to grow at a remarkable CAGR of 23.3% during the forecast period of 2025-2033, with an expected value of around USD 21.71 billion by 2033. Text-to-speech technology, which converts written text into spoken word,...