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The dry ice market is poised for significant growth, driven by increasing demand in food preservation, healthcare, and industrial cleaning. Key players are innovating production methods and expanding logistics capabilities, particularly in e-commerce, while environmental concerns prompt a shift towards sustainable practices. Notable market developments include strategic acquisitions by leading companies to enhance their competitive positions.
The temperature sensors market is projected to grow from USD 7.1 billion in 2022 to USD 10.8 billion by 2032, driven by rising demand in automotive and consumer electronics sectors. North America leads in market share, with Texas Instruments as the top supplier, focusing on advanced sensor technologies. Key trends include miniaturization, IoT integration, and increasing applications in healthcare and energy management.
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