Press Release

According to a market report by Lucintel, the future of the global computer and peripheral connector market looks promising with opportunities in the industrial and service sectors. The global computer and peripheral connector market is expected to reach an estimated $12.6 billion by 2028 with a CAGR of 5.6% from 2023 to 2028. The major drivers for this market are growth in communication and consumer electronics industries, miniaturization of electronic devices, and increasing demand for high speed data transmission across …

According to a market report by Lucintel, the future of the fluorochemical market looks promising with opportunities in the electrical and electronic, petrochemical, chemical, and aerospace end use industries. The global fluorochemical market is expected to reach an estimated $21.6 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are increasing demand for clean air systems for the residential and commercial applications and growing usage of fluorochemicals in the building, electronics, …

According to a market report by Lucintel, the future of the data center in optical transceiver market looks promising with opportunities in the data center interconnect and intra-data center connection applications. The data center in the global optical transceiver market is expected to reach an estimated $5.0 billion by 2028 with a CAGR of 17.5% from 2023 to 2028. The major drivers for this market are increasing demand for high-capacity data transmission in networking industries, rising number of internet users, …

According to a market report by Lucintel, the future of the semiconductor memory IP market looks promising with opportunities in the consumer electronics, industrial, automotive, and networking markets. The global semiconductor memory IP market is expected to reach an estimated $7.3 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are growing demand for modern SOCs and multicore technologies and increasing application of various design IPs in consumer electronics and automotive …

According to a market report by Lucintel, the future of the polycarboxylic based polymer market looks promising with opportunities in the building and construction, automotive, industrial, railways, power and energy, and personal care sectors. The global polycarboxylic based polymer market is expected to reach an estimated $3.0 billion by 2028 with a CAGR of 3% from 2023 to 2028. The major drivers for this market are robust growth in the building and construction and personal care sectors and huge demand …

According to a market report by Lucintel, the future of the thiochemical market looks promising with opportunities in the transportation, personal care & cosmetic, electrical & electronic, animal nutrition, oil & gas, food & beverage, chemical & pharmaceutical, and agrochemical industries. The global thiochemical market is expected to reach an estimated $2.6 billion by 2028 with a CAGR of 2.8% from 2023 to 2028. The major drivers for this market are growing penetration of thiochemical in the synthesis of methionine …

According to a market report by Lucintel, the future of the carbon disulfide market looks promising with opportunities in the pharmaceutical, agriculture, packaging, textile, and cosmetic end use industries. The global carbon disulfide market is expected to reach an estimated $185.0 million by 2028 with a CAGR of 2.6% from 2023 to 2028. The major drivers for this market are the increasing demand for cellophane from the packaging industry and growing inclination towards CS2 as an alternative to ammonia fertilizers …

According to a market report by Lucintel, the future of the defibrillator market looks promising with opportunities in the hospitals, pre-hospital care, public access, alternate care, and home healthcare sectors. The global defibrillator market is expected to reach an estimated $18.3 billion by 2028 with a CAGR of 7% from 2023 to 2028. The major drivers for this market are rising incidence of sudden cardiac diseases and increasing geriatric population with elevated risk of cardiac arrest. In this market, implantable …

According to a market report by Lucintel, the future of the flame retardant chemical market looks promising with opportunities in the building & construction, transportation, electrical & electronic, textile, and furniture & furnishing sectors. The global flame retardant chemical market is expected to reach an estimated $7.3 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are introduction of stringent fire safety rules and regulations by governments along with an increase …

According to a market report by Lucintel, the future of flexible polytetrafluoroethylene in the global aerospace market looks promising with opportunities in the commercial aviation, military aviation, and general aviation sectors. Flexible polytetrafluoroethylene in the global aerospace market is expected to reach an estimated $8.3 billion by 2028 with a CAGR of 7% from 2023 to 2028. The major drivers for this market are continuous growth in the aerospace industry along with increasing government investment in the military sector. In …

According to a market report by Lucintel, the future of the renewable chemical market looks promising with opportunities in the agriculture, textile, environment, transportation, food safety, and health & hygiene sectors. The global renewable chemical market is expected to reach an estimated $120.0 billion by 2028 with a CAGR of 11% from 2023 to 2028. The major drivers for this market are increasing government regulations for environment safety, rising demand for natural and organic materials among customers, and growing use …

According to a market report by Lucintel, the future of cosmetic preservatives in the global cosmetic chemical market looks promising with opportunities in the lotion, facemask, sunscreen, & scrub, shampoo & conditioner, soap, shower cleanser & shaving gel, face powder & powder compact, and mouthwashes & toothpaste markets. Cosmetic preservatives in the global cosmetic chemical market are expected to reach an estimated $0.32 billion by 2028 with a CAGR of 7.5% from 2023 to 2028. The major drivers for this …

According to a market report by Lucintel, the future of the electroactive polymer market looks promising with opportunities in applications, such as electrostatic discharge protection, electromagnetic interference shielding, actuators, capacitors, batteries, and sensors. The global electroactive polymer market is expected to reach an estimated $4.8 billion by 2028 with a CAGR of 7.5% from 2023 to 2028. The major drivers for this market are rising demand for electroactive polymer based corrosion-inhibiting coatings, increasing use of electroactive polymer in biomimetic and …

According to a market report by Lucintel, the future of the cement & cement additive market looks promising with opportunities in the residential construction, commercial construction, industrial projects, and transport applications. The global cement & cement additive market is expected to reach an estimated $24.3 billion by 2028 with a CAGR of 7.5% from 2023 to 2028. The major drivers for this market are rapid growing construction activities globally, rising demand for high quality cement for improved infrastructure, and emergence …

According to a market report by Lucintel, the future of the rigid-flex PCB market looks promising with opportunities in the healthcare & pharmaceutical, automotive, industrial electronic, aerospace & defense, consumer electronic, and maritime transport end use industries. The global rigid-flex PCB market is expected to reach an estimated $2.3 by 2028 with a CAGR of 6.9% from 2023 to 2028. The major drivers for this market are growing demand for industrial electronics in factory automation and building automation application and …

According to a market report by Lucintel, the future of the allergy diagnostics market looks promising with opportunities in diagnostic laboratories, hospitals, and academic research institutes. The global allergy diagnostics market is expected to reach an estimated $9.9 billion by 2028 with a CAGR of 10.7% from 2023 to 2028. The major drivers for this market are rising pollution level, increasing prevalence of allergies, and growing awareness among patients allergy about testing. In this market, instruments, consumables, and services are …

According to a market report by Lucintel, the future of the cast polymer market looks promising with opportunities in the residential, commercial, and industrial sectors. The global cast polymer market is expected to reach an estimated $10.9 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are increasing demand for cast polymer in the residential and commercial applications and growing requirement for enhanced quality and technically advanced products. In this market, …

According to a market report by Lucintel, the future of prebiotics in the global food additive market looks promising with opportunities in the bakery & confectionery, beverage, convenience food, dairy & frozen dessert, and spice, condiment, sauce & dressing applications. The global food additive market in terms of prebiotics is expected to reach an estimated $14.5 billion by 2028 with a CAGR of 13% from 2023 to 2028. The major drivers for this market are changing lifestyle pattern, growing consumption …

According to a market report by Lucintel, the future of the protective coatings in construction chemical market looks promising with opportunities in the new construction and repair markets. The use of protective coatings in the global construction chemical market is expected to reach an estimated $18.4 billion by 2028 with a CAGR of 5.3% from 2023 to 2028. The major drivers for this market are growing demand for protective coatings in the civil building & infrastructure industries for flooring, wood …

According to a market report by Lucintel, the future of the animal antibiotic and antimicrobial market looks promising with opportunities in the food-producing animal and companion animal segments. The global animal antibiotic and antimicrobial market is expected to reach an estimated $6.1 billion by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are increasing demand for animal derived foods, growing cases of diseases among animals, and rising concern towards health of animals. …

According to a market report by Lucintel, the future of the monofilament market looks promising with opportunities in the fishing & agriculture, medical, textile, automotive, wastewater treatment, and consumer good applications. The global monofilament market is expected to reach an estimated $1.9 billion by 2028 with a CAGR of 5.2% from 2023 to 2028. The major drivers for this market are increasing production of fish and other seafood, growing expenditure on animal food for protein across the globe, and escalating …

According to a market report by Lucintel, the future of the coated paper market looks promising with opportunities in the printing and packaging & labeling applications. The global coated paper market is expected to reach an estimated $55.1 billion by 2028 with a CAGR of 4.1% from 2023 to 2028. The major drivers for this market are increasing demand for advertising and packaging in different industries, significantly growing internet trade and e-commerce industry and emergence of bio-degradable packaging solutions across …

According to a market report by Lucintel, the future of the forward osmosis market looks promising with opportunities in the fertigation, emergency water supply, highly saline wastes, and direct wastewater treatment applications. The global forward osmosis market is expected to reach an estimated $1,264.2 million by 2028 with a CAGR of 9.5% from 2023 to 2028. The major drivers for this market are increasing water scarcity and the need for sustainable water treatment solutions, growing demand for wastewater treatment, and …

According to a market report by Lucintel, the future of the hydrocolloid food additive market looks promising with opportunities in various applications, such as food & beverages (bakery & confectionery, meat & poultry products, sauces & dressings, dairy products), cosmetics & personal care products, and pharmaceuticals. The global hydrocolloid food additive market is expected to reach an estimated $13.0 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are growing demand …

According to a market report by Lucintel, the future of the feed additive market looks promising with opportunities in the poultry, ruminant, swine, and aquatic animal livestock segments. The global feed additive market is expected to reach an estimated $28.6 billion by 2028 with a CAGR of 6% from 2023 to 2028. The major drivers for this market are increasing demand for animal based protein product and rising awareness towards animal health. In this market, dry and liquid are the …

According to a market report by Lucintel, the future of the pearlescent pigment market looks promising with opportunities in the paint & coating, food & beverage, personal care & cosmetic, and building & construction industries. The global pearlescent pigment market is expected to reach an estimated $1.5 billion by 2028 with a CAGR of 4.2% from 2023 to 2028. The major drivers for this market are increasing demand for pigment-based cosmetic products and growing need for pearlescent pigment related to …

According to a market report by Lucintel, the future of the plunger pump market looks promising with opportunities in the water treatment, marine, oil and gas, pulp and paper, agriculture, hydrocarbon refinement, chemical injection, commercial cleaning, government and military, and seawater desalination applications. The global plunger pump market is expected to reach an estimated $2.7 billion by 2028 with a CAGR of 4.6% from 2023 to 2028. The major drivers for this market are increasing demand from the water and …

According to a market report by Lucintel, the future of the specialty paper market looks promising with opportunities in the packaging & labeling, printing & publishing, building & construction, and industrial applications. The global specialty paper market is expected to reach an estimated $35.6 billion by 2028 with a CAGR of 5.4% from 2023 to 2028. The major drivers for this market are growing use of these papers for packaging and packed foods, e-commerce activities, roofing and flooring and increasing …

According to a market report by Lucintel, the future of full color lighting technology in the global micro LED market looks promising with opportunities in the general lighting and automotive lighting markets. The global micro LED market in terms of full color lighting technology is expected to reach an estimated $48.9 billion by 2028 with a CAGR of 67.9% from 2023 to 2028. The major drivers for this market are increasing demand for high quality and energy-efficient lighting technology with …

According to a market report by Lucintel, the future of decorative lamps in the global LED driver market looks promising with opportunities in general lighting, automotive lighting, and backlighting applications. The global LED driver market in terms of decorative lamps usage is expected to reach an estimated $0.70 billion by 2028 with a CAGR of 11.8% from 2023 to 2028. The major drivers for this market are increasing demand for attractive illuminance for architectural, residential, retail, and hospitality purposes. Constant …

According to a market report by Lucintel, the future of full color display technology in the global micro LED market looks promising with opportunities in the consumer electronic, advertising, automotive, and aerospace and defense industries. The global micro LED market in terms of full color display technology use is expected to reach an estimated $92.4 billion by 2028 with a CAGR of 67.9% from 2023 to 2028. The major drivers for this market are the growing use of AR headsets …

According to a market report by Lucintel, the future of the essential oil based flavour and fragrance market looks promising with opportunities in the fine fragrance, cosmetic & toiletry, soap & detergent, and aromatherapy end use industries. The global essential oil based flavour and fragrance market is expected to reach an estimated $40.3 billion by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are increasing consumption of processed food and personal care …

According to a market report by Lucintel, the future of the silicon nitride film market looks promising with opportunities in the integrated circuit and semiconductor device markets. The global silicon nitride film market is expected to reach an estimated $993.3 million by 2028 with a CAGR of 7% from 2023 to 2028. The major drivers for this market are growing demand for semiconductor devices and integrated circuits and increasing usage of silicon nitride films in energy-efficient lighting systems. In this …

According to a market report by Lucintel, the future of transfer lighting technology in the global micro LED market looks promising with opportunities in general lighting and automotive lighting applications. The global micro LED market in terms of transfer lighting technology consumption is expected to reach an estimated $67.6 billion by 2028 with a CAGR of 69.4% from 2023 to 2028. The major drivers for this market are growing demand for lighting technology, which helps in improving energy efficiency by …

According to a market report by Lucintel, the future of the semiconductor production equipment market looks promising with opportunities in various supply chain processes, such as integrated device manufacturer (IDM), outsourced semiconductor assembly and test (OSAT), and foundry. The global semiconductor production equipment market is expected to reach an estimated $162.7 billion by 2028 with a CAGR of 9.4% from 2023 to 2028. The major drivers for this market are increasing penetration of semiconductor chips in consumer electronic, medical gadget, …

According to a market report by Lucintel, the future of the digital pressure gauge market looks promising with opportunities in the aviation and defense, automotive, healthcare, and energy markets. The global digital pressure gauge market is expected to reach an estimated $719.7 million by 2028 with a CAGR of 3% from 2023 to 2028. The major drivers for this market are increasing extensive uses of these pressure gauges in commercial as well as residential applications. In this market, piezoresistive pressure …

According to a market report by Lucintel, the future of constant voltage in the global LED driver market looks promising with opportunities in the residential lighting, outdoor & traffic lighting, industrial lighting, and commercial lighting. The global LED driver market in terms of constant voltage consumption is expected to reach an estimated $5.3 billion by 2028 with a CAGR of 15.3% from 2023 to 2028. The major drivers for this market are growing demand for energy-efficient lighting systems and increasing …

According to a market report by Lucintel, the future of the mineral-based lubricating oil market looks promising with opportunities in the cosmetic and personal care, food and beverage, electrical and industrial, agriculture, textile, polymer, biomedicine, and mechanical markets. The global mineral-based lubricating oil market is expected to reach an estimated $4.5 billion by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are increasing usage in the pharmaceutical and personal care industries along …

According to a market report by Lucintel, the future of the patio door market looks promising with opportunities in the new construction and remodeling/replacement applications. The global patio door market is expected to reach an estimated $45.4 billion by 2028 with a CAGR of 5.3% from 2023 to 2028. The major drivers for this market are rapid urbanization, increasing expenditure on home improvement & renovation activities, and growing trend of eco-friendly door technologies in the developed countries. In this market, …

According to a market report by Lucintel, the future of the pest control market looks promising with opportunities in residential, commercial, and industrial applications. The global pest control market is expected to reach an estimated $29.9 billion by 2028 with a CAGR of 5.3% from 2023 to 2028. The major drivers for this market are increasing concern towards food safety, rising number of deadly vector-borne diseases, and expanding need for pest control in agriculture in order to protect crop output …

According to a market report by Lucintel, the future of the ultrasonic nebulizer market looks promising with opportunities in the hospitals and specialty clinics. The global ultrasonic nebulizer market is expected to reach an estimated $243.3 million by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are increasing prevalence of respiratory diseases, growing consumer awareness about the benefits of home healthcare and rising trend of portable nebulizers. In this market, COPD, asthma, …

According to a market report by Lucintel, the future of the ultrasound probe market looks promising with opportunities in the hospitals, clinics, diagnostic centers, and ambulatory surgical centers. The global ultrasound probe market is expected to reach an estimated $486.9 million by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are growing number of ultrasound imaging procedures along with increasing cases of chronic diseases related to pulmonary artery-related disorders. In this market, …

According to a market report by Lucintel, the future of the adhesive promoter market looks promising with opportunities in plastic & composite, paint & coating, rubber, adhesive, and metal applications. The global adhesive promoter market is expected to reach an estimated $5.3 billion by 2028 with a CAGR of 5.7% from 2023 to 2028. The major drivers for this market are increasing application in the electronics and packaging industries and on-going technological advancements in adhesion promoter industry. In this market, …

According to a market report by Lucintel, the future of the global gas separation membrane market looks promising with opportunities in the nitrogen generation & oxygen enrichment, hydrogen recovery, carbon dioxide removal, vapour/gas separation, vapour/vapour separation, and air dehydration markets. The global gas separation membrane market is expected to reach an estimated $2.0 billion by 2028 with a CAGR of 7% from 2023 to 2028. The major drivers for this market are growing demand for biogas and natural gas production, …

According to a market report by Lucintel, the future of the portable oxygen concentrator market looks promising with opportunities in the home care and non-home care markets. The global portable oxygen concentrator market is expected to reach an estimated $2.7 billion by 2028 with a CAGR of 8% from 2023 to 2028. The major drivers for this market are growing geriatric population, increasing prevalence of respiratory distress syndrome and asthma prevalence, and increasing inclination from traditional cylinders to portable oxygen …

According to a market report by Lucintel, the future of dietary fiber in the food additive market looks promising with opportunities in the beverage, bakery and confectionery, convenience food, frozen dessert and dairy, and sauce and dressing applications. The global dietary fiber in the food additive market is expected to reach an estimated $5.3 billion by 2028 with a CAGR of 11% from 2023 to 2028. The major drivers for this market are growing urbanization coupled with increasing awareness towards …

According to a market report by Lucintel, the future of cyanoacrylate adhesives in speciality adhesive market looks promising with opportunities in the transportation, footwear’s and leather, furniture, consumer goods, healthcare, and electronic markets. Cyanoacrylate adhesive in the global speciality adhesive market is expected to reach an estimated $2.8 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are increasing application of cyanoacrylate adhesives in the medical industry and growing usage in …

According to a market report by Lucintel, the future of denim finishing agents in the global textile chemical market looks promising with opportunities in apparel, home textile, and technical textile applications. The global denim finishing agents in textile chemical market is expected to reach an estimated $2.9 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are growing demand for innovative finishes in textile products and increasing adoption of low VOC …

According to a market report by Lucintel, the future of the carrier, powder, colorant and pigment based cosmetic chemical market looks promising with opportunities in skin care, hair care, makeup, oral care, and fragrance applications. The global carrier, powder, colorant and pigment based cosmetic chemical market is expected to reach an estimated $1.7 billion by 2028 with a CAGR of 4.5% from 2023 to 2028. The major drivers for this market are changing lifestyle, growing awareness of the importance of …

According to a market report by Lucintel, the future of silicon wafer in electronic chemical market looks promising with opportunities in the consumer electronic, automotive, industrial, and telecommunication markets.Silicon wafer in the global electronic chemical market is expected to reach an estimated $14.8 billion by 2028 with a CAGR of 6% from 2023 to 2028. The major drivers for this market are growing demand from the microelectronics and chip manufacturing industries and increasing application in various end uses, such as …