Big Data Procurement Intelligence The big data category is expected to grow at a CAGR of 12.7% from 2023 to 2030. North America accounts for the largest share of the category. The increasing demand for advancement in technology and increasing data generation in the business are boosting growth. Companies are focusing on adopting technology for boosting revenue and consumer base. For...

Employee Benefits Procurement Intelligence The employee benefits category is expected to grow at a CAGR of 4.5% from 2023 to 2030. North America accounts for the largest share of the category. The increased competition among employers to hire and retain talent along with increasing focus on maintaining work-life balance among employees are driving category growth. Major corporations are...

Heat Exchanger Procurement Intelligence   The heat exchanger category is expected to grow at a CAGR of 5.1% from 2023 to 2030.   The increasing demand for energy-efficient solutions is expected to drive the category growth. In 2021, the International Energy Agency (IEA) predicted that energy-efficient heat exchanger technology will aid in reducing world energy demand by up to...

Heat Exchanger Procurement Intelligence The heat exchanger category is expected to grow at a CAGR of 5.1% from 2023 to 2030. The increasing demand for energy-efficient solutions is expected to drive the category growth. In 2021, the International Energy Agency (IEA) predicted that energy-efficient heat exchanger technology will aid in reducing world energy demand by up to 40% by 2040....

Hibiscus Procurement Intelligence The hibiscus category is anticipated to grow at a CAGR of 5% from 2023 to 2030. The category demand is mainly driven by the increasing usage in the food and beverages industry. According to the 2022 food and beverage flavor trends report, hibiscus is noted as one of the trending flavors, with its presence on menus increasing by 25% from Q2 2018 to the...

Industrial Motor Procurement Intelligence The industrial motor category is anticipated to grow at a CAGR of 4.9% from 2023 to 2030. The rising demand for EVs, industry 4.0, IE4 competent low voltage motors for energy savings and VFD boosting IE2/IE3 AC LV motor efficiency are driving the category growth. As industry 4.0 is rising, the world of electric motors is anticipated to see...

Polyvinyl Chloride (PVC) Procurement Intelligence Procurement of PVC benefits buyers from several end-use sectors, such as construction, packaging, automotive, electronics, and healthcare, due to its versatility and abundant applications in these sectors. The global market size was estimated at USD 54.6 billion in 2023. In 2023, APAC dominated the industry, comprising 38% of the global...