Market Trend

According to the latest report by IMARC Group, titled “ Incinerator Market : Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027 ”, the g lobal incinerator market reached a value of  US$ 14.35 Billion in 2021 . Looking forward, IMARC Group expects the market to reach  US$ 18.87 Billion by 2027 , exhibiting at a  CAGR of 4.74% during 2022-2027. Incineration is a type of technology used for the treatment of waste products through their combustion. The heat produced during the incineration process is used to generate electricity, whereas the waste materials are converted into fly gas and residual ash. They are, thus, primarily used for the management of medical wastes, chemical wastes, agricultural wastes, sewage incineration, and building and municipality wastes. Currently, the commonly available incinerators include fluidized beds, rotary kiln, liquid injection, catalytic combustion, multiple hearths, waste gas flare, and direct flame. We are regularly tracki

 According to the latest report by IMARC Group, titled “Adventure Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,”  the global adventure tourism market size reached US$ 852.4 Billion in 2021. Looking forward, the Adventure Tourism Market is expected to grow at a CAGR of 20.23% during the forecast period (2022-2027). Adventure tourism represents a form of traveling to exotic and remote places for the natural environment, cultural immersion, physical activities, etc. It generally involves climbing, cycling, caving, hiking, hunting, rafting, etc. Adventure tourism encourages travelers to interact with the local people and connect with their core values in the process. Furthermore, it offers economical and effective incentives to enhance biocultural diversity while generating financial benefits for private and domestic industries. Presently, adventure tourism is gaining widespread traction over conventional mass tourism as it supports econo

 According to the latest report by IMARC Group, titled “ Application Transformation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 .’ the global application transformation market reached a value of US$ 12.65 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26.71 Billion by 2027, exhibiting at a CAGR of 13.47% during 2022-2027. Application transformation solution modernizes existing business-critical applications to meet the requirements of different organizations. It helps improve the overall operational reliability, automate delivery, and reduce infrastructure maintenance costs of businesses. It is also used for optimizing the applications to comply with government and compliance requirements. As a result, it finds application in banking, financial services and insurance (BFSI), manufacturing, healthcare, retail, information technology (IT) and telecommunication industries. We are regularly tracking the direct effe

 According to the latest report by IMARC Group, titled “ India Plastic Caps and Closure Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the India plastic caps and closure market is expected to exhibit a CAGR of 6.2% during 2022-2027. Plastic caps and closure refer to the packaging components that are manufactured from high-density polyethylene (HDPE) and polypropylene (PP) materials. They are commonly used for the protection of contents from contamination, dust, evaporation and spoilage. They are commonly available in dispensing and screw-on caps and child-resistant, double-walled and twist-on closures. Plastic caps and closures are highly durable, non-corrosive, lightweight and resistant to high temperatures. They are widely used across various industries, such as pharmaceutical, food and beverage, cosmetics, electronics and chemical. We are regularly tracking the direct effect of  COVID-19  on the market, along with the indirect influence of assoc

The latest report published by IMARC Group, titled “ Trade Finance Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ,” offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global trade finance market reached a value of US$ 44.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 66.3 Billion by 2027, exhibiting a CAGR of 6.57% during 2022-2027. Trade finance is a financial assistance offered to enterprises to help facilitate international trade and commerce. It involves the use of various products and financial instruments, which enables them to access working capital, thereby achieving liquidity to make investments, pay salaries, and pay suppliers. Unlike general finance, the functional wing of trade finance involves the introduction of a third party, such as banks, insur