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Latest Press Releases
Mining Equipment Market Reaches $84.6 Billion in 2025 with 5.2% CAGR
Published: Jan 2026
Mining equipment market was valued at $84.6 billion in 2025 and is projected to reach $139.1 billion by 2035, growing at a CAGR of 5.2% during the forecast period (2026-2035). Mining equipment encompasses a broad range of machinery used in surface and underground mining operations, including excavators, loaders, haul trucks, drills, crushers, conveyor systems, and mineral processing equipment. Market growth is driven by increasing global demand for minerals and metals, rising mining activities in emerging economies, the push for mechanization, and the adoption of advanced technologies to improve efficiency, safety, and productivity in mining operations.
Global Fiberglass Fabric Market Reaches $4,500.2 Million in 2025 with 6.2% CAGR
Published: Jan 2026
Fiberglass fabric market was valued at USD 4,500.2 million in 2025 and is projected to reach USD 8,135.0 million by 2035 and is projected to grow at a CAGR of 6.2% from 2026 to 2035. according to a new report by OMR Global. Fiberglass fabric is a high-strength, lightweight, and corrosion-resistant material widely used in composites, insulation, filtration, electrical laminates, and protective applications. It is available in various forms such as woven roving, stitched fabrics, multiaxial fabrics, and specialty cloths, serving end-use industries including construction, wind energy, aerospace, automotive, marine, and industrial manufacturing. Market growth is driven by rising demand for lightweight and durable composite materials, expansion of renewable energy installations, and increasing adoption of fiberglass reinforcements in infrastructure and transportation sectors.
Concrete Reinforcing Fiber Market Reaches $2,320.2 Million in 2025 with 7.2% CAGR
Published: Jan 2026
Concrete reinforcing fiber market was valued at $2,320.2 million in 2025 and is projected to reach $4,606.7 million by 2035, growing at a CAGR of 7.2% during the forecast period (2026-2035). Concrete reinforcing fibers are used to enhance the mechanical performance, durability, and crack resistance of concrete and include materials such as steel fibers, synthetic fibers (polypropylene, polyethylene, nylon), glass fibers, and natural fibers. Market growth is driven by increasing infrastructure development, rising adoption of fiber-reinforced concrete (FRC) in commercial and industrial construction, and the need for durable, low-maintenance building materials.
European Mining Equipment Market Reaches $17.5 Billion in 2025 with 3.6% CAGR
Published: Jan 2026
European mining equipment market was valued at $17.5 billion in 2025 and is projected to reach $24.7 billion by 2035, growing at a CAGR of 3.6% during the forecast period (2026–2035). Mining equipment across Europe includes excavators, loaders, haul trucks, drilling and crushing systems, mineral processing machinery, and underground mining solutions used in the extraction of metals, minerals, and industrial raw materials. Market growth is driven by steady demand for critical minerals, modernization of aging mining infrastructure, increasing adoption of automated and electric machinery, and stringent environmental and safety regulations promoting cleaner and more efficient operations.
Asia-Pacific Mining Equipment Market Reaches $38.1 Billion in 2025 with 6.0% CAGR
Published: Jan 2026
Asia-Pacific mining equipment market was valued at $38.1 billion in 2025 and is projected to reach $67.8 billion by 2035, growing at a CAGR of 6.0% during the forecast period (2026–2035). Mining equipment includes a broad range of machinery and solutions such as excavators, loaders, haul trucks, drilling rigs, crushing and screening equipment, conveyors, and automation technologies used across surface and underground mining operations. Market growth is driven by the rising demand for metals and minerals, increasing industrialization and infrastructure development, adoption of advanced automation and smart mining technologies, and supportive government policies across major Asia-Pacific countries including China, India, Australia, and Indonesia.
Asia-Pacific Concrete Reinforcing Fiber Market Reaches $719.5 Million in 2025 with 8.7% CAGR
Published: Jan 2026
Asia-Pacific concrete reinforcing fiber market was valued $719.5 million in 2025 and is projected to reach $1,645.1 million by 2035, growing at a CAGR of 8.7% during the forecast period (2026–2035). Concrete reinforcing fibers are used to enhance tensile strength, crack resistance, impact durability, and long-term performance of concrete, and include steel fibers, synthetic fibers (polypropylene, nylon, polyester), glass fibers, and natural fibers. Market growth is driven by rapid urbanization, large-scale infrastructure development, increasing adoption of fiber-reinforced concrete (FRC) in transportation and industrial projects, and the need to improve durability while reducing traditional steel rebar usage.
Diabetic Nephropathy Market to reach $5,515.8 million by 2035
Published: Jan 2026
Diabetic nephropathy market was valued at $3,177.9 million in 2025 and is projected to reach $5,515.8 million by 2035, growing at a CAGR of 5.2% during the forecast period 2026 to 2035, according to a new report by the Orion Market Research. The diabetic nephropathy market is driven by multiple factors, including growing awareness of early kidney screening, improved diagnostic technologies, increasing availability of disease-modifying therapies, and rising demand for dialysis and long-term renal care. However, the escalating global diabetes burden remains the most significant growth driver. The rapid increase in both diagnosed and undiagnosed diabetes cases is directly expanding the at-risk population for kidney complications which is leading to higher incidence of diabetic nephropathy and sustained demand for prevention, treatment, and renal care solutions globally.
Rechargeable Battery Market to reach $354.1 billion by 2035
Published: Jan 2026
Rechargeable battery market was valued at $135.3 billion in 2025 and is projected to reach $354.1 billion by 2035, growing at a CAGR of 10.2% during the forecast period 2026 to 2035, according to a new report by the Orion Market Research. The rechargeable battery market is being driven by multiple factors, including growing energy storage needs, government incentives for clean energy, rising adoption of renewable power, and technological advancements in battery chemistry and performance. However, electric vehicle (EV) adoption has emerged as the primary growth driver. Rapid electrification of passenger cars, commercial trucks, and micromobility, supported by government targets and charging infrastructure, is driving strong demand for high-capacity batteries. This trend is boosting market volumes and diversifying demand, making transportation electrification the key growth engine for the global rechargeable battery market.
North America Pharmaceutical Analytical Testing Outsourcing Market to reach $10,191 million by 2035
Published: Jan 2026
North America pharmaceutical analytical testing outsourcing market was valued at $4,853.5 million in 2025 and is projected to reach $10,191 million by 2035, growing at a CAGR of 7.7% during the forecast period 2026 to 2035, according to a new report by the Orion Market Research. The North American Pharmaceutical Analytical Testing Outsourcing Market is growing due to multiple factors, including increasing R&D activities, rising complexity of drug molecules, advanced technology adoption, and the need for cost and time efficiency. Among these, stringent regulatory mandates stand out as a major growth driver. Stringent FDA mandates, including ICH Q2 (R2) and Q14 adoption and stricter nitrosamine and impurity controls, are driving pharmaceutical companies to outsource testing for expertise, compliance, and faster results.
North America 5G IoT Market to reach $65.9 billion by 2035
Published: Jan 2026
North American 5G IoT market was valued at $2.2 billion in 2025 and is projected to reach $65.9 billion by 2035, growing at a CAGR of 40.5% during the forecast period 2026 to 2035, according to a new report by Orion Market Research. Network slicing, public network slices, edge computing, analytics platforms, and 5G-compatible devices drive the North American 5G IoT market.  Among these, 5G Standalone (SA) networks are the major driver, as they provide ultra-reliable, low-latency connectivity and enable large-scale IoT deployments across industries, smart cities, and healthcare.