Press Release

According to a market report by Lucintel, the future of the polyvinyl alcohol film market looks promising with opportunities in the detergent, agrochemical, laundry bags, and embroidery markets. The global polyvinyl alcohol films market is expected to grow with a CAGR of 4% to 6% from 2022 to 2027. The major drivers for this market are growing awareness among consumers regarding cleaning and maintaining hygienic atmosphere, and increasing demand for detergents in hospitality, and its properties such as outstanding heat …

According to a new market report published by Lucintel, the future of the paint and coating market looks promising with opportunities in the architectural, automotive, wood, industrial, transportation, and packaging industries. The Middle Eastern and North African (MENA) paint and coating market is expected to reach an estimated $12.4 billion by 2027 with a CAGR of 6.9% from 2021 to 2027. The major drivers for this market are growth in automotive production, increasing building and construction activities, and rising demand …

According to a new market report published by Lucintel, the future of the boiler and steam generator market looks promising with opportunities in the coal, gas, nuclear, and biomass and CSP plant fuels. The global boiler and steam generator market is expected to reach an estimated $15.1 billion by 2027 with a CAGR of 1% from 2021 to 2027. Huge power generation capacity addition fostered by growing electricity demand and replacement of old inefficient boilers and steam generators are major …

According to a new market report published by Lucintel, the future of the hose pipe market looks promising with opportunities in the construction, automotive, oil & gas, food & beverages and agriculture end use industries. The global hose pipe market is expected to reach an estimated $27.2 billion by 2027 with a CAGR of 4.4% from 2021 to 2027. The major drivers for this market are increasing demand for construction machineries across the world, rapid urbanization, and growth in the …

According to a market report by Lucintel, the future of the nutmeg market looks promising with opportunities in the food retail and pharmaceutical industries. The global nutmeg market is expected to grow with a CAGR of 3% to 5% from 2022 to 2027. The major drivers for this market are increasing demand for oleoresins and growing popularity of Asian cuisines, such as Indian and Thai Browse 68 market data tables and 107 figures spread through 205 pages and in-depth TOC …

According to a new market report published by Lucintel, the future of the Hybrid Memory Cube (HMC) and High Bandwidth Memory (HBM) market looks promising with opportunities in graphics, high performance computing, networking, and data center applications. The global HMC and HBM market is expected to reach an estimated $6.2 billion by 2027 with a CAGR of 28% from 2021 to 2027. The major drivers for this market are growing need for high bandwidth, low power consumption, highly scalable memories …

According to a new market report by Lucintel, the future of the global software-Defined Wide Area Network (SD-WAN) market looks promising with opportunities in the on-premises and cloud market. The global SD-WAN market is expected to grow with a CAGR of 33% to 35% from 2022 to 2027. The major drivers for this market are rising demand for mobility services, boosts network security and reduction in the cost, and complexity of network management. Browse through 150 pages and in-depth TOC …

According to a new market report published by Lucintel, the future of the electrically conductive adhesives market looks promising with opportunities in the industries of consumer electronics, automotive, aerospace and defense, and bioscience. The global electrically conductive adhesives market is expected to reach an estimated $5.3 billion by 2027 with a CAGR of 7.6% from 2021 to 2027. The major drivers for this market are growth in the PCBs and semiconductors and replacement of soldering with conductive adhesives due to …

According to a new market report published by Lucintel, the future of the global high performance nylon for tribology market looks promising with opportunities in the bearings, gears, seals, cams, and brakes applications. The global high performance nylon for tribology market is expected to reach $491.1 million with a CAGR of 4.8% from 2021 to 2027. The major drivers for this market are growth in vehicle production and replacement of metal with plastics in various industries. Browse 96 market data …

According to a new market report published by Lucintel, the future of the Middle Eastern and North African silicone market looks promising with opportunities in the industrial processes, building and construction, personal care and consumer products, transportation, electronics, healthcare, energy, and others. The Middle Eastern and North African silicone market is expected to reach $725.1 million with a CAGR of 6% from 2021 to 2027. The major drivers for this market are increasing construction activities and rising demand for electronic …

According to a new market report published by Lucintel, the future of the global smart elevator market looks attractive with opportunities in the residential, commercial, and institutional construction industries. The global smart elevator market is expected to reach $53.4 billion by 2027 with a CAGR of 12.7% from 2021 to 2027. The major drivers for this market are growth in high rise residential and commercial buildings, rapid urbanization, increasing demand for energy efficient elevator system, and rising adoption of IoT …

According to a new market report published by Lucintel, the future of the filler for food market looks promising with opportunities in the processed meat, seafood, dairy & bakery, food supplement, and beverage industries. The global filler for food market is expected to reach an estimated $819.3 million by 2027 with a CAGR of 3.6% from 2021 to 2027. The major drivers for this market are increasing demand for processed food and growth in food supplements products. Browse 68 market …

According to a market report by Lucintel, the future of the cable management accessory market looks promising with opportunities in the IT & telecom, manufacturing, energy & utility, healthcare, logistics & transportation, mining, oil & gas, and construction industries. The cable management accessory market is expected to grow with a CAGR of 5% to 7% from 2022 to 2027. The major drivers for this market are growing development in infrastructure, increasing investment and renovations in energy sector and public sector …

According to a new market report published by Lucintel, the future of the bitumen emulsifier market looks promising with opportunities in the roadways, roofing, and other market. The global bitumen emulsifier market is expected to reach an estimated $26.1 billion by 2027 with a CAGR of 18.8% from 2021 to 2027. The major drivers for this market are increasing road development and maintenance activities across the world, rapid urbanization, and growth in the building and construction sector. Browse 68 market …

According to a market report by Lucintel, the future of the green polymer additive market looks promising with opportunities in the packaging, injection molding, automotive, and biopolymers applications. The global green polymer additive market is expected to grow with a CAGR of 6% to 8% from 2022 to 2027. The major drivers for this market are increasing inclination for bio-based plastics in packaging and other plastic applications, stringency in government and environmental regulation to use eco-friendly chemical products, and growing …

According to a new market report published by Lucintel, the future of the mica market looks promising with opportunities in the electrical and electronics, construction, paint & coating, and personal care industries. The global mica market is expected to reach an estimated $712.1 million by 2027 with a CAGR of 5.2% from 2021 to 2027. The major drivers for this market are growth in the electrical and electronics industry, growing construction activities, and growth in synthetic mica. Browse 95 market …

According to a new market report by Lucintel, the future of the armored vehicle market looks promising with opportunities in combat vehicles, combat support vehicles, and unmanned armored ground vehicle markets. The global armored vehicle market is expected to grow with a CAGR of 5% to 7% from 2022 to 2027. The major drivers for this market are raising military expenditures, rising incidences of asymmetric warfare across the globe, and increasing focus on protecting soldiers from external and internal threats. …

According to a market report by Lucintel, the future of the metallocene catalyst market looks promising with opportunities in the Polyethylene (PE), Polypropylene (PP), Ethylene Propylene Diene Monomer (EPDM), and Ethylene Propylene Rubber (EPR) compound markets. The global metallocene catalyst market is expected to grow with a CAGR of 5% to 7% from 2022 to 2027. The major drivers for this market are increasing demand for metallocene Polyethylene (mPE) in films and sheet industry and rising demand for metallocene catalyst …

According to a new market report published by Lucintel, the future of the lithium-ion battery market looks promising with opportunities in the consumer electronics, transportation, industrial, and others market. The global lithium-ion battery market is expected to reach an estimated $215.9 billion by 2027 with a CAGR of 21.5% from 2021 to 2027. The major drivers for this market are increase in number of working women, increasing disposable income, and changing climatic conditions. Browse 68 market data tables and 107 …

According to a market report by Lucintel, the future of the gastrointestinal drug market looks promising with opportunities in the cure of gastro-esophageal reflux disease, inflammatory bowel disease, and irritable bowel syndrome disorders/applications. The global gastrointestinal drug market is expected to grow with a CAGR of 4%-6% from 2022 to 2027. The major drivers for this market are increasing number of gastrointestinal disorder/diseases among the elderlypeople, increasing expenditure in the expansion of healthcare infrastructure coupled with government investment life science …

According to a market report by Lucintel, the future of the expandable liner hanger system market looks promising with opportunities in the onshore and offshore oil & gas production market. The global expandable liner hanger system market is expected to grow with a CAGR of 9% to 11% from 2022 to 2027. The major drivers for this market are growth of unconventional and deep water exploration and production activities along with rising oil & gas prices, increasing requirement for higher …

According to a new market report by Lucintel, the future of the global drone logistics market looks promising with opportunities in the military and commercial markets. The global drone logistics market is expected to grow with a CAGR of 26% to 28% from 2022 to 2027. The major drivers for this market are increasing demand for drones in last mile delivery solutions, rise in usage of unmanned aerial vehicles (UAVs) in various business applications, and rapid growth in the e-commerce …

According to a new market report published by Lucintel, the future of the European land mobile radio market looks promising with opportunities in the commercial and public safety sectors. The LMR market is forecast to reach $3 billion by 2027 with a CAGR of 3.3% from 2021 to 2027. The major drivers for this market are increasing in need for secure and effective critical communication and increasing demand for LMRs in transportation, public utilities, and industrial sectors. Browse 60 market …

According to a new market report published by Lucintel, the future of the zinc market looks promising with opportunities in the construction and infrastructure, transportation, consumer goods, and industrial machinery sectors. The global zinc market is expected to reach $49.6 billion in 2027 and it is forecast to grow at a CAGR of 4.6% from 2021 to 2027. The major drivers for this market are increasing demand for galvanized steel and infrastructure development in emerging markets like India, Brazil, and …

According to a new market report published by Lucintel, the future of the oil and gas drilling market looks promising with opportunities in the onshore and offshore drilling market. The global oil and gas drilling market is expected to reach an estimated $155.7 billion by 2027 with a CAGR of 4.2% from 2021 to 2027. The major drivers for this market are increasing demand of oil and gas, rise in E&P spending by oil companies, and high oil prices. Browse …

According to a new market report published by Lucintel, the future of the fungicide market looks promising with opportunities in the cereals and grains, oilseeds and pulses, and fruits and vegetable applications. The global fungicide market is expected to reach an estimated $30.9 billion by 2027 with a CAGR of 4.3% from 2021 to 2027. The major driver for this market is increasing demand of fungicides for crop protection to ensure higher yields. Browse 68 market data tables and 107 …

According to a new market report published by Lucintel, the future of the security detection system market looks attractive with opportunities in the airport, ports and borders, military, and critical infrastructure industries. The global security detection system market is expected to reach an estimated $7.1 billion by 2027 and is forecast to grow at a CAGR of 5.7% from 2021 to 2027. The major growth drivers for this market are a continuing high threat level from terrorism and criminal activities, …

According to a new market report published by Lucintel, the future of the organic binder market looks promising with opportunities in construction, and paint & coating applications. The global organic binder market is expected to reach an estimated $21.2 billion by 2027 with a CAGR of 4.9% from 2021 to 2027. The major drivers for this market are increasing demand for UV protection or heat and weather resistance, and a smooth ride surface in the road construction industry, accounts for …

According to a new market report published by Lucintel, the future of the metal detector market looks promising with opportunities in the government, commercial, consumer, food & beverage, pharmaceutical, and textile industries. The metal detector market is expected to reach an estimated $2 billion by 2027 and is forecast to grow at a CAGR of 3.9% from 2021 to 2027. The major drivers for this market are rapidly increasing terrorism activities, expansion in infrastructure, and increasing stringency in government compliances …

According to a new market report published by Lucintel, the future of the motion sensor market looks attractive with opportunities in consumer electronics, automotive, industrial, healthcare, and aerospace & defense sectors. The global motion sensor market is expected to reach an estimated $9.9 billion by 2027 and is forecast to grow at a CAGR of 6.5% from 2016 to 2021. The major drivers of growth for this market are increasing penetration of motion sensors in smartphone and tablets, growing interactive …

According to a new market report published by Lucintel, the future of the agrochemical market looks promising with opportunities in the pesticide and fertilizer market. The global agrochemical market is expected to reach an estimated $348.1 billion by 2027 with a CAGR of 3% from 2021 to 2027. The major drivers for this market are growing population, limited agricultural land, and increase in awareness in the consumers regarding the benefits of agrochemicals. Browse 68 market data tables and 107 figures …

According to a new market report published by Lucintel, the future of the fire rated glass market looks promising with opportunities in the building & construction, military & defense, oil & gas, railways and marine industries. The global fire rated glass market is expected to reach an estimated $2.2 billion by 2027 and is forecast to grow at a CAGR of 7% from 2021 to 2027. The major drivers for this market are rapidly increasing construction activities in emerging countries, …

According to a new market report published by Lucintel, the future of the global automotive insulation market looks promising with opportunities in the passenger car and light commercial vehicle market. The global automotive insulation market is expected to reach an estimated $2 billion by 2027 with a CAGR of 4.2% from 2021 to 2027. The major drivers for this market are growth in automotive production and increasing demand for materials which provide high acoustic insulation and energy efficiency. Browse 68 …

According to a new market report published by Lucintel, the future of zinc oxide in the global cosmetics market looks promising with opportunities in the skincare and makeup market. Zinc oxide in the global cosmetics market is expected to grow with a CAGR of 4.7% from 2021 to 2027. The major drivers for this market are increasing demand for cosmetics product, demand for UV filters in sunscreen products, and growth of antiaging products. Browse 86 market data tables and 106 …

According to a new market report published by Lucintel, the future of the low dielectric resin market looks promising with opportunities in the PCB, wire & cable, antenna, microelectronics, and radome applications. The global low dielectric resin market is expected to reach an estimated $1.4 billion by 2027 with a CAGR of 6.7% from 2021 to 2027. The major drivers for this market are increasing demand for high performance PCB and growth in wire & cable market. Browse 68 market …

According to a new market report published by Lucintel, the future of the global thin film coating market looks promising with opportunities in consumer electronics, tools & equipment, automotive, aerospace & defense, energy, and medical. The global thin film coating market is expected to reach an estimated $14.6 billion by 2027 and it is forecast to grow at a CAGR of 5.4% from 2021 to 2027. The major drivers for this market are increasing demand for thin film coating in …

According to a new market report published by Lucintel, the future of the polylactic acid market looks promising with opportunities in the packaging, bio-medical, textile, agriculture, and electronics industries. The global polylactic acid market is expected to reach an estimated $5.6 billion by 2027 with a CAGR of 18% from 2021 to 2027. The major drivers for this market are increasing government regulation and environment friendly and better mechanical properties as compared to other biopolymers. Browse 68 market data tables …

According to a new market report published by Lucintel, the future of the facial cleanser market looks promising with opportunities in the beauty and personal care market. The global facial cleanser market is expected to reach an estimated $11.4 billion by 2027 with a CAGR of 6% from 2021 to 2027. The major drivers for this market are increase in number of working women, increasing disposable income, and changing climatic conditions. Browse 68 market data tables and 107 figures spread …

According to a new market report published by Lucintel, the future of the global bulk continuous filament yarn market looks promising with opportunities in residential, non residential construction, and transportation industries. The global bulk continuous filament yarn market is expected to reach an estimated $13.9 billion by 2027 with a CAGR of 5.8% from 2021 to 2027. The major drivers for this market are growth in residential construction and increasing consumer interest towards home decoration. Browse 129 market data tables …

According to a new market report published by Lucintel, the future of spray foam insulation market looks promising with opportunities in the residential, commercial, and industrial sectors. The North American spray foam insulation market is expected to reach an estimated $1.4 billion by 2027 with a CAGR of 6.2% from 2021 to 2027. The major drivers for this market are increasing building and construction activities, stringent government regulations towards energy efficiency, and increasing demand for green building insulation. Browse 25 …

According to a new market report published by Lucintel, the future of the spray foam insulation market looks promising with opportunities in the residential, commercial, and other end use industries. The global spray foam insulation market is expected to reach an estimated $2.7 billion by 2027 with a CAGR of 6.3% from 2021 to 2027. The major drivers for this market are the stringent government regulations towards the reduction of greenhouse gas emission and to increase energy efficiency in homes …

According to a new market report published by Lucintel, the future of the ethylene vinyl acetate (EVA) market looks attractive with opportunities in the packaging, solar, agriculture, wire & cable, footwear, and automotive industries. The global ethylene vinyl acetate market is expected to reach an estimated $11.8 billion by 2027 with a CAGR of 5.4% from 2021 to 2027. The major drivers for this market are growing demand for EVA in food and medical packaging industry and expansion of solar …

According to a new market report published by Lucintel, the future of the odor control agent market looks promising with opportunities in the water treatment, air purification, and food & beverage processing markets. The global odor control agent market is expected to reach an estimated $3.8 billion by 2027 with a CAGR of 3.7% from 2021 to 2027. The major drivers for this market are increasing industrialization in developing countries and increasing government regulations for a clean environment. Browse 58 …

According to a new market report published by Lucintel, the future of the global mining equipment market looks promising with opportunities in coal, mineral and metal mining industries. The global mining equipment market is forecast to reach $112.9 billion by 2027 with a CAGR of 5.5% from 2022 to 2027. The major drivers for this market are growth in mining activities and increasing demand for metal & mineral commodities in emerging economies, such as China and India. Browse 129 market …

According to a new market report published by Lucintel, the future of the global roofing material market looks promising with opportunities in both residential and commercial construction industries. The global roofing material market is expected to reach an estimated $160.6 billion by 2027 with a CAGR of 4.4% from 2022 to 2027. The major drivers for this market are increasing demand for residential buildings and investments in the renovation and redevelopment of residential and commercial buildings. Browse 65 market data …

According to a new market report published by Lucintel, the future of the global automotive filter market looks promising with opportunities in passenger cars, light commercial vehicles and heavy commercial vehicles. The global automotive filter market is expected to reach an estimated $16.2 billion by 2027 and it is forecast to grow at a CAGR of 3.4% from 2021 to 2027. The major drivers of growth for this market are increase in vehicle production and sales, increased miles driven per …

According to a new market report published by Lucintel, the future of the global automotive MEMS sensor market looks good with opportunities in the pressure sensor, accelerometer, gyroscope, and others. The global automotive MEMS market is expected to reach an estimated $4.7 billion by 2027 and is forecast to grow at a CAGR of 6.6% from 2021 to 2027. The major drivers of growth for this market are continuous increases in the electronic content per vehicles and various governmental regulations …

According to a new market report published by Lucintel, the future of the global automotive under the hood plastic market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle segments. The global automotive under the hood plastic market is expected to reach an estimated $4.2 billion by 2027 with a CAGR of 5.2% from 2021 to 2027. The major drivers of growth for this market are increasing demand for lightweight materials for OEM’s to …

According to a new market report published by Lucintel, the future of the global bicycle market looks promising with opportunities in the road bicycle, mountain bicycle, kids bicycle, and e-bicycle segments. The global bicycle market is expected to grow to $71.3 billion at a CAGR of 8% from 2020 to 2026. The major drivers for this market are increasing fuel prices, government programs to build bicycle paths and roads, increasing health concerns/fitness consciousness, growing environmental awareness, and increasing traffic congestion. …

According to a new market report published by Lucintel, the future of the global electric vehicle market looks promising with opportunities in battery, hybrid, and plug-in-hybrid electric vehicles market. The global electric vehicle market is expected to reach an estimated $563.7 billion by 2026 with a CAGR of 29.8% from 2020 to 2026. The major drivers for this market are increasing fuel prices, government subsidies as tax benefits to promote electric vehicles, and growing concerns for environmental pollution. Browse 104 …