Sponsored
Recent Updates
- Adhesives Procurement Intelligence: Supplier Ranking and MatrixThe adhesives category is anticipated to grow at a CAGR of 6% from 2023 to 2030. The Asia Pacific region accounted for 41% of the total category share in 2022. Rising construction activities, and the increasing demand from end-user industries such as automotive, electronics, construction, and packaging are driving the growth in this category. One of the major developments is the rise...0 Comments 0 SharesPlease log in to like, share and comment!
- Industrial Gases Procurement Intelligence: What You Need to KnowThe industrial gases category is anticipated to witness growth at a CAGR of 7.42% from 2023 to 2030. In 2022, Asia Pacific accounted for 37% of the market share followed by North America and Europe. With a majority share in North America, the United States is anticipated to continue its dominance throughout the forecast duration. Due to the existence of numerous significant industrial...0 Comments 0 Shares
- Supplier Selection Criteria for Activated Carbon Procurement in 2030The activated carbon category is anticipated to grow at a CAGR of 2.6% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD 3.62 billion with the Asia Pacific region accounting for 51% of the overall share due to its profitable coconut shell industry. The key raw materials used in granular activated carbon production are coal and coconut shell charcoal. In...0 Comments 0 Shares
- Unlocking the Potential of Waste Management Procurement IntelligenceThe waste management category is anticipated to witness growth at a CAGR of 5.4% from 2023 to 2030. In 2022, Asia Pacific held a substantial share of the global category, followed by North America and Europe. The need for waste management in North America is expected to be driven by factors such as rising waste generation, unlawful dumping, and stringent waste management laws in...0 Comments 0 Shares
- Fuel Oil Procurement Intelligence: A Deep DiveThe fuel oil category is anticipated to grow at a CAGR of 4.8% from 2023 to 2030. The category is mainly driven by the demand, supply, and prices of crude oil. Oil prices are mainly affected by Russia’s ability to produce and export oil, and the ability to increase production by various non-OPEC countries. According to the U.S. Energy Information Administration, Crude oil prices...0 Comments 0 Shares
- HDPE Procurement Intelligence: A Closer LookThe HDPE category is expected to grow at a CAGR of 4.45% from 2023 to 2030. The APAC region accounts for the largest share in the category. Increasing growth of the Chinese economy stimulated by the increase in import & export, industrial output, capital investment, and consumer consumption in the region drives the demand for the category. Players are focusing on product...0 Comments 0 Shares
- Accounting Services Procurement Intelligence: Unlocking Growth OpportunitiesThe accounting services category is anticipated to grow at a CAGR of 11.45% from 2023 to 2030. North American region accounts for the largest category share followed by Europe and APAC. Factors such as changes in standards of financial reporting, outsourcing of back-end operations to low-cost economies, and rise in research & development investments are driving the category...0 Comments 0 Shares
- Staying Ahead of the Curve: Emerging Trends in Employee Background ScreeningThe employee background screening services category is expected to grow at a CAGR of 9.9% from 2023 to 2030. Businesses are increasingly implementing background checks to protect themselves from legal liability and ensure employee safety. These checks identify potential risks like criminal histories, financial issues, and drug use, enabling them to make informed hiring decisions. For...0 Comments 0 Shares
- Exploring the Latest Trends in Mining Equipment Procurement IntelligenceThe mining equipment category is anticipated to grow at a CAGR of 5.1% from 2023 to 2030. Mining activities are increasing to extract metals and minerals from the earth in response to the growing demand for these resources, driving the growth of the category. Moreover, the adoption of natural complex and mineral resources such as diamond, iron ore, coal, and uranium, coupled with the...0 Comments 0 Shares
- The Importance of Supplier Intelligence in Office Supplies ProcurementThe office supplies category is forecasted to grow at a CAGR of 2.1% from 2024 to 2030. In 2023, North America held the largest share of the global category, accounting for 32%. This region’s growth is attributed to the strong demand for personalized stationery, advancements in manufacturing technology, and a rising preference for green products. Asia Pacific is poised to...0 Comments 0 Shares
More Stories
Sponsored