Market Material Research

The global   positive displacement blowers market   size was estimated at USD 2,606.8 million in 2024 and is projected to reach USD 3,478.4 million by 2030, growing at a CAGR of 5.3% from 2025 to 2030. The market is experiencing robust growth, largely fueled by industrial expansion in key sectors such as manufacturing, food processing, and wastewater treatment. Positive displacement blowers are integral to various industrial processes, including pneumatic conveying, aeration, and ventilation, where consistent and high-pressure air delivery is crucial. As these sectors continue to expand and modernize, there is a growing demand for efficient, durable, and energy-optimized blower systems. Furthermore, stringent environmental regulations related to air emissions and wastewater management are prompting industries to adopt advanced blower technologies that support compliance while maintaining performance. These regulations are significantly contributing to increased adoption of pos...

The global   package boilers market   size was estimated at USD 9.84 billion in 2024 and is projected to reach USD 12.51 billion by 2030, growing at a CAGR of 4.4% from 2025 to 2030. This steady expansion is primarily driven by increasing industrial demand for efficient steam generation systems across various sectors such as food processing, chemicals, pharmaceuticals, and energy. Package boilers—pre-assembled and factory-tested—offer several key advantages, including quick installation, compact design, and reduced on-site construction. These features make them highly suitable for facilities with space limitations or tight project timelines. The market is also witnessing growth due to a shift toward automation and smart monitoring technologies. Advanced package boilers equipped with IoT-enabled sensors are gaining traction, enabling real-time performance tracking and predictive maintenance. Furthermore, stringent environmental regulations are prompting industries to phase out ...

  The global   strontium market   size was estimated at USD 248 million in 2023 and is projected to reach USD 378.7 million by 2030, expanding at a CAGR of 6.3% from 2024 to 2030. This growth is primarily driven by increasing demand in the production of ceramic ferrite magnets and the medical industry, particularly for the prevention and treatment of bone-related disorders. One of the key growth contributors is the rising usage of bright and colorful fireworks, especially within the entertainment and event management sectors. This trend continues to support overall market demand. According to the American Pyrotechnics Association, display fireworks consumption in the U.S. reached 27.1 million lbs. in 2023, marking a 7% year-over-year increase. This uptick highlights the robust demand for strontium in pyrotechnics. Strontium’s most significant application lies in pyrotechnics and signals, where it is an essential raw material due to its ability to create a vivid red color ...