Market Value & Growth Projections
Market Insights:
Global market valued at USD 121 million in 2023
Expected to reach USD 197.59 million by 2032
Compound Annual Growth Rate (CAGR) of 5.60%
North American market valued at USD 34.63 million (2023)
Key Market Drivers:
Technological advancements in materials
Growing demand for operational efficiency
Expansion in end-user industries
Stricter regulations and quality standards
Key Market Players
Pfaudler
