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The Global Electric Scooters Market is anticipated to reach USD 28.56 billion by 2025 at a 7.3% CAGR in the forecast period. The market for electric scooter is gaining a positive traction, since it is in the trajectory phase due to fall in prices and rise in demand. The wave of connected devices and vehicles will continue to leverage the automotive industry as well. Environmental concerns and government policies are playing a vital role in shaping the local as well as the international market.
The Global Bandages Market is estimated to develop at a substantial CAGR of 4.6% for the duration of the prediction. Growing elderly people causing upsurge in occurrence of long-lasting sicknesses and damages, increasing occurrence of Surgical Procedures, Ulcers, and Diabetic Foot are the important reasons that are motivating the development of the market.
Global Household Refrigerators and Freezers Market are expected to reach USD 125.68 billion by 2025. Household refrigerators and freezers are electric appliances that comprise a thermally insulated compartment and a heat pump. They are exclusively used for keeping small volumes of several foods and drinks concurrently at low temperatures.
The Global Carbon Fiber Market is estimated to develop at a CAGR of 10.5% for the duration of the prediction. Growing demand for this product from aerospace and automobile manufacturing is expected to motivate the progress of the market. Growing demand for the automobiles, together with growing necessity for lightweight vehicles, is likely to trigger the demand above the prediction period.
The Global Lactic Acid Market is anticipated to rise at a significant CAGR of 12.88% during the forecast period. Lactic acid is characterized by its importance in food industry and correlated chemical and physical properties. Pure lactic acid is a colourless and hydroscopic liquid and chemically named as milk acid, which is also an inorganic acid.
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