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The Equine Healthcare Market was estimated at US$ 2.3 billion in 2021 and is expected to grow at a CAGR of 6.19% during 2022-2028 to reach US$ 3.49 billion in 2028.
The non-lethal weapons market was estimated at US$ 7.5 Billion in 2021 and is expected to grow at a CAGR of 7.7% during 2022-2028 to reach US$ ~12.3 Billion in 2028.
Rising demand for polyvinylpyrrolidone in applications such as adhesives, pharmaceuticals, food & beverage, cosmetics, and other applications would drive the growth of the market over the forecast period. The production of shampoos, conditioners, hair sprays, mousses, and hair dyes is likely to increase the demand for the product, propelling the growth of the market during the forecast period. Furthermore, it is estimated that the product's exceptional film-forming, anti-microbial, moisture-holding, and non-allergic capabilities will be the major factors driving the market's expansion in the coming years. Additionally, the product's demand is likely to increase due to its increasing application in the production of nail polish, lipsticks, skin creams, sunscreen, and mascara. Overall, the polyvinylpyrrolidone market is expected to grow at a staggering CAGR of 8.2% till 2027.