Dublin, Jan. 27, 2024 (GLOBE NEWSWIRE) -- The "Organic Scintillator - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The latest market analysis report reveals that the global Organic Scintillator market is on a steadfast upward trajectory, expected to grow from its valuation of US$178.3 million in 2022 to a significant US$321.3 million by 2030. This reflects a robust compound annual growth rate (CAGR) of 7.6% throughout the forecast period spanning from 2022 to 2030.
In a segment-wise assessment, the Healthcare sector appears especially promising, with a projected CAGR of 9.1%, suggesting it will advance to a market size of US$126.4 million by the conclusion of the forecast period. Meanwhile, after considering the current post-pandemic recovery phase, the Homeland Security sector is expected to surge ahead with an adjusted growth rate of 7% CAGR over the next eight years.
The U.S. and China: Prominent Players in the Organic Scintillator Sphere
As of 2022, the U.S. Organic Scintillator market stands strong at an estimated US$48.6 million. China, as the second largest global economy, is on trajectory for noteworthy expansion, anticipating an impressive CAGR of 11.9% from 2022 to 2030, aiming for a market size of US$73.4 million by the end of the period in view. Additional key markets include Japan and Canada, both set to experience healthy growth rates of 4.7% and 6.5% respectively. In Europe, Germany is predicted to achieve approximately 5.8% CAGR.
Competitive Landscape and Market Innovations
- Advatech UK Limited
- Cryos-Beta
- Detec
- Eljen Technology
- EPIC Crystal
- Inrad Optics
- ME Taylor Engineering Inc
- PROTEUS
- Rexon Components
- Saint-Gobain Crystals
Readers seeking to understand the trajectory of the Organic Scintillator market can garner valuable perspectives from this report, which has been enhanced by online interactive peer-to-peer collaborative updates and grants access to a plethora of digital archives and our High-Calibre Research Platform, along with complimentary updates for a year.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 96 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $178.3 Million |
| Forecasted Market Value (USD) by 2030 | $321.3 Million |
| Compound Annual Growth Rate | 7.6% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/qn6jxk
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