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The global specialty carbon black market size was worth USD 2.0 billion in 2019. The market is projected to register a CAGR of 8.9% over the forecast duration, 2020 to 2027. Growing demand for the product in belts, tires, molding plastic and hoses as a reinforcing agent is projected to drive the market growth. In addition, the product is used in conductive polymer to improve its conductivity.
The global cloud security market accounted for USD 7.1 billion in 2019 and projected to grow with the CAGR of 14.64% over the forecast period, from 2020 to 2027. Cloud security comprises policies, plans, and execution controls essential to protect and safeguard data, infrastructure, and compliance adherence related to the cloud.
The global cocoa nibs market size was accounted for USD 1.08 billion in 2019 and is anticipated to grow at a CAGR of 7.9% over the forecast period, from 2020 to 2027. Increasing usage of cocoa nibs in food and beverage sector due to its nutty, rich chocolate and raw flavor is majorly driving the market growth.
The global vaccine storage and packaging market generated a revenue of USD 20.3 billion in 2019. It is also estimated to register a 10.0% CAGR from 2020 to 2027. The rising number of investments undertaken by biopharmaceutical companies and healthcare institutions to carry out R&D is projected to drive the market growth.
The global artificial intelligence in healthcare market size was generated a revenue of USD 2.5 billion in 2018. It is also estimated to register a 41.5% CAGR from 2019 to 2025. The increasing need for enhancing the efficiency of healthcare procedures and services coupled with the rising importance of big data for predicting the outcomes is projected to drive the market growth.
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