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  Market Snapshot The global ferrous scrap market is gaining impressive momentum. With an estimated value of USD 70.40 billion in 2024 , it’s projected to grow to USD 75.47 billion by 2025 , and positively surge to USD 143.75 billion by 2034 , reflecting a solid CAGR of 7.1% over this period What’s Driving the Surge? Soaring Steel Demand : Rapid urbanization and industrial expansion—especially in Asia—are fueling the need for steel in construction and manufacturing. This has directly raised the demand for ferrous scrap, a vital raw material for electric arc furnaces (EAFs). Shift Toward Green Steel : As sustainability takes center stage, EAF-based steel production—which relies heavily on scrap—offers lower energy consumption and emissions compared to traditional blast furnaces. Government Support & Trade Policies : Incentives and tariff strategies are bolstering domestic scrap usage. For instance, India has suspended customs duties on iron scrap until 2026 to support its aim ...

  1. Market Snapshot The European pediatric supplements market is on the rise. In 2025, the market is estimated at USD 648 million , and it’s projected to more than triple to reach around USD 2131 Million by 2034 , growing at a solid CAGR of 12.97% 2. What’s Driving the Growth? Even though the specific European breakdown doesn’t list all the drivers, regional trends align with what’s pushing the broader market forward: Heightened awareness among parents about nutritional gaps in children’s diets. A strong emphasis on preventive health —many parents want to stay ahead by ensuring kids get essential nutrients early on. Product innovation , with formats like gummies, chewables, and liquid supplements making intake easier and more appealing. Boost from online retailers and e-commerce, offering convenience and wider selection. A preference for natural or clean-label products as parents become pickier about what goes in supplements 3. How Europe Fits into Global Trends Globally, the ...

The Low Speed Vehicle (LSV) market is experiencing steady growth, driven by rising demand for sustainable urban mobility, increased use in commercial and recreational applications, and advancements in electric vehicle technology. According to the latest research, the global LSV market is expected to witness significant expansion between 2024 and 2033, supported by government initiatives, technological innovation, and evolving consumer preferences. What are Low Speed Vehicles? Low Speed Vehicles (LSVs) are typically four-wheeled vehicles with a top speed ranging between 20 to 25 mph (32 to 40 km/h). These vehicles are primarily used in enclosed communities, golf courses, airports, campuses, and public transport zones. Due to their speed limitations, LSVs are usually restricted to specific roadways and regulated under special transportation guidelines. Market Segmentation 1. By Vehicle Type Neighbourhood Electric Vehicles (NEVs): These are the most popular type of LSV...