Press Release

According to a new market report published by Lucintel, the future of the shea butter market looks promising with opportunities in the cosmetics and personal care, food and beverage, pharmaceutical, and other industries. The global shea butter market is expected to grow with a CAGR of 4%-5% from 2020 to 2025. The major drivers for this market are growing consumer awareness regarding the benefits of natural products like shea butter and its increasing demand from the cosmetics and personal care …

According to a new market report published by Lucintel, the future of the paraffin market looks promising with opportunities in the cosmetics, personal care, paperboard and packaging, fuel, rubber, lubricant, and other industries. The global paraffin market is expected to grow with a CAGR of 2%-3% from 2020 to 2025. The major drivers for this market are the growing demand from paperboard and packaging industry and rising demand for personal care products. Paraffin is a colorless substance obtained from petroleum. …

According to a new market report published by Lucintel, the future of the mineral oil market looks promising with opportunities in the cosmetics, personal care, food and beverage, electrical, industrial, biomedicine, and mechanical industries. The global mineral oil market is expected to grow with a CAGR of 3%-4% from 2020 to 2025. The major drivers for this market are growing demand for personal care and cosmetics products and the increasing use of mineral oil in the industrial sector. Mineral oil …

According to a new market report published by Lucintel, the future of the potassium persulfate market looks promising with opportunities in the water treatment, cosmetics, paper, and textile industries. The global potassium persulfate market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are its increasing usage as boosters for hair bleaches and oxidization of hair dyes and growing demand from various applications. To download report brochure, please go to …

According to a new market report published by Lucintel, the future of the annatto market looks promising with opportunities in the food and beverage, natural fabric, and cosmetics industries. The global annatto market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are increasing demand and consumer preference for minimally processed foods and health promoting properties of natural colorants. To download report brochure, please go to https://www.lucintel.com/annatto-market.aspx and click "download …

According to a new market report published by Lucintel, the future of the butylated hydroxytoluene market looks promising with opportunities in the plastics and rubbers, food and beverages, animal feed, and personal care industries. The global butylated hydroxytoluene market is expected to grow with a CAGR of 4%-5% from 2020 to 2025. The major drivers for this market are growth in plastic production worldwide and high demand from the prepared food industry. Butylated Hydroxytoluene (BHT), also called dibutyl hydroxytoluene, is …

According to a new market report published by Lucintel, the future of the ultramarine pigment market looks promising with opportunities in the rubber and plastics, ink, paint and coating, paper, cosmetics and personal care, and detergent applications. The global ultramarine pigment market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are increase in the demand for consumer products such as personal care and home care and growth in the …

According to a new market report published by Lucintel, the future of the zinc salt market looks promising with opportunities in the food and beverage, pharmaceutical, cosmetic, and agrochemical industries. The global zinc salt market is expected to grow with a CAGR of x%-x% from 2020 to 2025. The major drivers for this market are significant growth in the pharmaceutical applications and increasing health concerns of consumers across the globe. Zinc salt is a white crystalline salt having a faint …

According to a new market report published by Lucintel, the future of the manganese violet market looks promising with opportunities in the plastics, cosmetics and toiletries, coating, artist’s color applications. The global manganese violet market is expected to grow with a CAGR of x%-x% from 2020 to 2025. The major drivers for this market are increased usage in cosmetics products and growing adoption in various other applications. In this manganese violet (red shade) and manganese violet (blue shade) are the …

According to a new market report published by Lucintel, the future of the calcium hydroxylapatite market looks promising with opportunities in the specialty and dermatology clinics, hospitals and clinics, and cosmetics. The global calcium hydroxylapatite market is expected to grow with a CAGR of xx%-xx% from 2020 to 2025. The major drivers for this market are rising preference for non-invasive aesthetic procedures, an increasing number of plastic surgeons performing aesthetic operations, and cost-effective alternatives to cosmetic surgeries. In this market, …

According to a new market report published by Lucintel, the future of the iron oxide market looks promising with opportunities in the construction, paint and coating, plastics, chemicals, and paper and pulp applications. The global iron oxide market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are increasing adoption of iron oxide in the plastics, steel, cosmetics and biomedical sectors and the growing use of iron oxide pigments in …

According to a new market report published by Lucintel, the future of the ethylhexylglycerin market looks promising with opportunities in personal care, cosmetics, and deodorant product applications. The global ethylhexylglycerin market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are the growing cosmetics and personal care industry and awareness among the population for personal hygiene. To download report brochure, please go to https://www.lucintel.com/ethylhexylglycerin-market.aspx and click "download brochure" tab from …

According to a new market report published by Lucintel, the future of the polyvinylpyrrolidone market looks promising with opportunities in the adhesives, pharmaceutical, cosmetics, and food and beverage industries. The global polyvinylpyrrolidone market is expected to grow with a CAGR of x%-x% from 2020 to 2025. The major drivers for this market are growing demand for the product in the pharmaceutical industry, increasing use of the polymer in brew beverages as a stabilizer, and rising demand for the product as …

According to a new market report published by Lucintel, the future of the glyceryl caprylate market looks promising with opportunities in flavor, cosmetics, pharmaceutical, textiles, and fragrance industries. The global glyceryl caprylate market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are the growing cosmetics and personal care industry, trend for multi-functional products, increasing demand for organic cosmetics, and awareness among the population for personal hygiene. In this market, …

According to a new market report published by Lucintel, the future of the tartaric acid market looks promising with opportunities in the food and beverage, pharmaceutical, cosmetic and personal care, and other industries. The global tartaric acid market is expected to grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are multiple functionalities across different industries and growing wine industries. To download report brochure, please go to https://www.lucintel.com/-tartaric-acid-market.aspx and click "download brochure" tab …

According to a new market report published by Lucintel, the future of the azelaic acid market looks promising with opportunities in plastics, lubricants, electronics, pharmaceuticals, personal care and cosmetics, and others. The global azelaic acid market is expected to grow with a CAGR of 7.7% from 2020 to 2025. The major drivers for this market are increasing demand and high adoption of azelaic acid by end use industries, increasing heatlh awareness, and increasing demand of personal care products. In this …

According to a new market report published by Lucintel, the future of the polyethylene wax market looks promising with opportunities in the printing inks, adhesives, masterbatches, plastics, and rubber industries. The global polyethylene wax market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are rising shale gas production, growing demand from the coating and printing ink sectors, and increasing product demand in PVC production. To download report brochure, please …

According to a new market report published by Lucintel, the future of the lactic acid market looks promising with opportunities in the industrial, food and beverage, biodegradable plastics, pharmaceutical, personal care and cosmetics, and others. The global lactic acid market is expected to grow with a CAGR of 18.7% from 2020 to 2025. The major drivers for this market are growing demand for skincare products such as moisturizers and anti-aging. Lactic acid, being a monomer for the manufacturing of biodegradable …

According to a new market report published by Lucintel, the future of the label-free detection market looks promising with opportunities in applications, such as binding kinetics, binding thermodynamics, endogenous receptor detection, hit confirmation, and lead generation. The global label-free detection market is expected to grow with a CAGR of 8% from 2020 to 2025. The major drivers for this market are increasing research activities related to drug discovery and growing pharmaceutical and biotechnology industry. To download report brochure, please go …

According to a new market report published by Lucintel, the future of the API (chondroitin sulfate, hyaluronic acid, and pancreatin) market looks promising with opportunities in osteoarthritis, skin problems, exocrine pancreatic insufficiency, and ophthalmology applications. The global API (chondroitin sulfate, hyaluronic acid, and pancreatin) market is expected to grow with a CAGR of 7% from 2020 to 2025. The major drivers for this market are increasing prevalence of chronic diseases, such as osteoarthritis and gastric diseases, and rising clinical studies …

According to a new market report published by Lucintel, the future of the non-invasive prenatal testing (NIPT) market looks promising with opportunities in trisomy, aneuploidy, and microdeletion. The global non-invasive prenatal testing market is expected to grow with a CAGR of 14% from 2020 to 2025. The major drivers for this market are high risk of chromosomal abnormalities with increasing maternal age, growing preference for non-invasive techniques over invasive methods, improving reimbursement scenario for NIPT, and increasing awareness of NIPT. …

According to a new market report published by Lucintel, the future of the heavy construction equipment market looks promising with opportunities in the excavation & demolition, heavy lifting, material handling, tunneling, transportation, and recycling & waste management industries. The global heavy construction equipment market is expected to grow with a CAGR of 7% from 2020 to 2025. The major drivers for this market are increasing investment in the construction industry and more infrastructural activities. To download report brochure, please go …

According to a new market report published by Lucintel, the future of the E.coli testing market looks promising with opportunities in commercial or private labs, physicians’ offices, hospitals, public health labs, and academic research institutes. The global E. coli testing market is expected to grow with a CAGR of 6%-8% from 2020 to 2025. The major drivers for this market are increasing awareness of hygiene, government regulations regarding water and food management, government funding for performing diagnostic tests, non-government organizations …

According to a new market report published by Lucintel, the future of the pipeline monitoring system market looks promising with opportunities in the crude & refined petroleum and water & wastewater industries. The global pipeline monitoring system market is expected to grow with a CAGR of 7% from 2020 to 2025. The major drivers for this market are increasing number of oil & gas leakage in production, pipelines, usage of storage tanks due to natural disasters, high pressure along with …

According to a new market report published by Lucintel, the future of the neurotrophic keratitis market looks promising with opportunities in stage I, stage II, and stage III applications. The global neurotrophic keratitis market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are increase in special designation from the regulatory authorities, huge financial support to researchers for developing novel intervention, high demand for disease specific novel treatment, and recent …

According to a new market report published by Lucintel, the future of the glass curtain wall market looks promising with opportunities in commercial, public, and residential buildings. The global glass curtain wall market is expected to grow with a CAGR of 11% from 2020 to 2025. The major drivers for this market are rise in the need for energy-efficient façade systems, strict environmental regulations, and the upward trend in the building & construction industry. To download report brochure, please go …

According to a new market report published by Lucintel, the future of the plasma lighting market looks promising with opportunities in the roadway, street, tunnel, and horticulture industries. The global plasma lighting market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are increasing infrastructure development activities in emerging economies, a growing number of indoor farms equipped with plasma lighting across the globe, and increasing demand for energy-efficient & long-lasting …

According to a new market report published by Lucintel, the future of the tunnel monitoring system market looks promising with opportunities in the infrastructure industry. The global tunnel monitoring system market is expected to grow with a CAGR of 14% from 2020 to 2025. The major drivers for this market are decreasing cost of sensors resulting in reduced cost of tunnel monitoring systems and increasing infrastructural activities in developing countries. To download report brochure, please go to https://www.lucintel.com/tunnel-monitoring-system-market.aspx and click …

According to a new market report published by Lucintel, the future of the biobanking market looks promising with opportunities in regenerative medicine, life science research, and clinical research applications. The global biobanking market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are increasing research activities related to genomic, rising demand for cost-effective drug discovery and development, and favorable government initiatives to support regenerative medicine research. To download report brochure, …

According to a new market report published by Lucintel, the future of the stucco market looks promising with opportunities in both residential and non-residential construction. The global stucco market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are the high growth of residential and non-residential construction industries and rapid industrialization. To download report brochure, please go to https://www.lucintel.com/stucco-market.aspx and click "download brochure" tab from the menu Stucco is a …

According to a new market report published by Lucintel, the future of the tunnel automation market looks promising with opportunities in the infrastructure industry. The global tunnel automation market is expected to grow with a CAGR of 8% from 2020 to 2025. The major drivers for this market are rising incidents of road accidents, government regulations, growing integration of internet of things (IoT) and cloud with tunnel automation solutions, increasing number of tunnel construction projects, and integration of analytics in …

According to a new market report published by Lucintel, the future of the viral vector & plasmid DNA manufacturing market looks promising with opportunities in antisense & RNAi, gene therapy, cell therapy, and vaccinology. The global viral vector & plasmid DNA manufacturing market is expected to grow with a CAGR of 15% from 2020 to 2025. The major drivers for this market are technological advancements to mitigate challenges posed by conventional methods of vector production, increase in the number of …

According to a new market report published by Lucintel, the future of the probiotic ingredient market looks promising with opportunities in the markets of functional foods and beverages, pharmaceuticals, and animal nutrition. The global probiotic ingredient market is expected to grow with a CAGR of 9% from 2020 to 2025. The major drivers for this market are increasing use of high nutritional content in foods and increasing consumer awareness about healthy diets. To download report brochure, please go to provide …

According to a new market report published by Lucintel, the future of the global frozen food market looks promising with opportunities in the food service and retail market. The global frozen food market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are developments in the retail landscape, rising demand for convenience food, and technological advancements in the cold chain market. To download report brochure, please go to https://www.lucintel.com/frozen-food-market.aspx and …

According to a new market report published by Lucintel, the future of the composites market looks promising with opportunities in the pipes and tanks, construction, transportation, and marine industries. The Middle Eastern and North African (MENA) composites market is expected to decline in 2020 due to the global economic recession led by COVID-19. However, the market will witness recovery in the year 2021, and it is expected to reach an estimated $1.3 billion by 2025 with a CAGR of 1%-3% …

According to a new market report published by Lucintel, the future of the aerospace composite materials market looks attractive with opportunities in commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft markets. The global aerospace composite materials market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $3.3 billion by 2025 with a CAGR of 1% to …

According to a new country report published by Lucintel, the future of the non-woven textile market in the United States for composite applications looks promising with opportunities in the wind energy, transportation, marine, construction, and aerospace & defense industries. The non-woven textile market in the United States is primarily driven by increasing use of composites in different end use industries and performance benefits of non-woven textiles as it offers better drapablity and delamination in composite structures. This report studies factors …

According to a new market report published by Lucintel, the future of the smart card integrated circuit (IC) market looks attractive with opportunities in telecommunication, payment and banking, transportation, e-government, and others.The global smart card IC market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $3.7 billion by 2025 with a CAGR of 1% to 3% from …

According to a new market report published by Lucintel, the future of the global composites testing market looks promising with opportunities in aerospace & defense, automotive, and wind energy. The global composite testing market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $1.3 billion by 2025 with a CAGR of 3% to 5% from 2020 to 2025. …

According to a new market report published by Lucintel, the future of the global pharmaceutical label market looks promising with opportunities in the bottles, blister packs, parenteral containers, pre-fillable syringes, pre-fillable inhalers, and pouches. The global pharmaceutical label market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $6.9 billion by 2025 with a CAGR of 4% to …

According to a new market report published by Lucintel, the future of the power module market looks attractive with opportunities in the transportation, industrial, wind energy, and solar PV industries. The global power module market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $12.4 billion by 2025 with a CAGR of 15% to 17% from 2020 to …

According to a new market report published by Lucintel, the future of the electrically conductive coatings market looks promising with opportunities in consumer electronics, solar, automotive, aerospace, and bioscience industries. The electrically conductive coatings market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $21.3 billion by 2025 with a CAGR of 4% to 6% from 2020 to …

According to a new market report published by Lucintel, the future of the global automotive seat massage system market looks promising with opportunities in the luxury car, SUV & crossover, mid-size car, small car, and light commercial vehicle markets. The global automotive seat massage system market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 8% …

According to a new market report published by Lucintel, the future of the capacitor market looks promising with opportunities in the computer, telecom, consumer electronics, automotive, and industrial sectors. The global capacitor market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $28.9 billion by 2025 with a CAGR of 4% to 6% from 2020 to 2025. The …

According to a new market report published by Lucintel, the future of the global flexible printed circuit board (FPC) market looks promising with opportunities in the computer/peripherals, telecommunications, consumer electronics, medical, automotive, and aerospace and defense industries. The FPC market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $23.4 billion by 2025 with a CAGR of 5% …

According to a new market report published by Lucintel, the future of the global interventional cardiology and peripheral vascular device market looks promising with opportunities in hospitals and ambulatory surgical centers. The global interventional cardiology and peripheral vascular device market is expected to reach an estimated $28.5 billion by 2025, and it is forecast to grow at a CAGR of 6.1% from 2020 to 2025. The major drivers for the growth of this market include the growing elderly population, a …

According to a new market report published by Lucintel, the future of the global automotive display system market looks promising with opportunities in the large car, SUVs & crossovers, mid-size car, and light commercial vehicles market. The global automotive display system market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach and estimated $26 billion by 2025 with a CAGR …

According to a new market report published by Lucintel, the future of the global aerospace wiring harness market looks promising with opportunities in the commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. The global aerospace wiring harness market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $823.7 million by 2025 with a CAGR of 0.5% …

According to a new market report published by Lucintel, the future of the conductive filler market looks promising with opportunities in the consumer electronics, automotive, industrial, and aerospace industries. The conductive filler market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $6.3 billion by 2025 with a CAGR of 4% to 6% from 2020 to 2025. The …

According to a new market report published by Lucintel, the future of the compost market looks promising with opportunities in the agriculture, home gardening, landscaping, horticulture, and construction industries. The global compost market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $8.9 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. The …