Press Release

According to a new market report by Lucintel, the future of the flavored and functional water market looks promising with opportunities in the beverage industry. The flavored and functional water market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are increasing prevalence of obesity, growing awareness on healthy lifestyle, and rise in aging population. To download report brochure, please go to https://www.lucintel.com/flavored-and-functional-water-market.aspx and click "report brochure" tab from the …

According to a new market report by Lucintel, the future of the dairy blend market looks promising with opportunities in the food and beverage industries. The dairy blend market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are health benefits, cost effectiveness, and rising demand for convenience foods. To download report brochure, please go to https://www.lucintel.com/dairy-blend-market.aspx and click "report brochure" tab from the menu. In this market, dairy mixtures, …

According to a market report by Lucintel, the future of the digital therapeutic device market looks promising with opportunities in preventive and treatment/care such as obesity, diabetes, cardiovascular disease, respiratory disease, and musculoskeletal diseases. The digital therapeutic device market is expected to grow with a CAGR of 27% from 2019 to 2024. The major growth drivers for this market are increasing incidence of preventable chronic diseases, rising focus on preventive healthcare, technological advancements, significant increase in venture capital investments, and …

According to a new market report by Lucintel, the future of the textured soy protein market looks promising with opportunities in the meat substitutes, dairy alternatives, bakery products, cereals and snacks, and animal feed market. The textured soy protein market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increasing demand for protein-rich food, high nutritional value of soy, being the preferred alternative for meat and dairy products, …

According to a new market report by Lucintel, the future of body worn insect repellent market looks promising with opportunities in the consumer goods sector. Body worn insect repellent market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increasing preference to attain prevention from bug-borne diseases such as zika, malaria, chikungunya, and dengue, rising health awareness on harmful diseases from the insect bites, and increase in recreational …

According to a new market report by Lucintel, the future of the epigenetic market looks promising with opportunities in pharmaceutical and biotechnology industries. The epigenetic market is expected to grow with a CAGR of 13% from 2019 to 2024. The major growth drivers for this market are surge in prevalence of cancer, rising geriatric population, technological advancements in epigenetics research, and availability of government funding. To download report brochure, please go to https://www.lucintel.com/epigenetic-market.aspx and click "report brochure" tab from the …

According to a new market report published by Lucintel, the future of the digital X-ray market looks promising with opportunities in the diagnostic centers, and hospitals. The digital X-ray market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are growing healthcare expenditure, aging population, and technological advancements and advantages of digital x-ray systems. To download report brochure, please go to https://www.lucintel.com/digital-x-ray-market.aspx and click "report brochure" tab from the …

According to a new market report published by Lucintel, the future of the cancer biomarker market looks promising with opportunities in the diagnostics, research, prognostics, and risk assessment applications. The cancer biomarker market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are growing demand of early diagnosis with accurate and consistent results, growing incidence of cancer, increasing use of cancer biomarker in drug discovery and development, and rising …

According to a new market report by Lucintel, the future of the fall protection equipment in rescue market looks promising with opportunities in the construction, oil and gas, mining, transportation, energy and utilities, and telecommunication industries. The fall protection equipment in rescue market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are rapid industrialization, increasing construction and infrastructure activities, and stringent occupational health and safety regulations. To download …

According to a new market report by Lucintel, the future of the essential oil market looks promising with opportunities in the food and beverage, cosmetics and toiletries, aromatherapy, home care, and health care industries. The essential oil market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are increasing consumer adoption of alternative medical treatments like aromatherapy over conventional pharmaceutical drugs, growing reliability over natural and organic ingredients in …

According to a new market report published by Lucintel, the future of the breath analyzer market looks promising with opportunities in the hospitals and diagnostic centers. The breath analyzer market is expected to grow with a CAGR of 26% from 2019 to 2024. The major growth drivers for this market are increasing alcohol and drug abuse, favorable government laws and regulations, and growing awareness levels and legal requirements in workplaces to keep the environment drug- and alcohol-free. To download report …

According to a new market report by Lucintel, the future of the food fortifying agent market looks promising with opportunities in the food and beverage industries. The food fortifying agent market is expected to grow with a CAGR of 16% from 2019 to 2024. The major growth drivers for this market are increasing consumer awareness on health benefits of fortifying agents, increasing focus on preventive healthcare, increasing incidence of diseases out of vitamin deficiency, growing aging population, and increasing cases …

According to a market report by Lucintel, the future of the food robotic market looks promising with opportunities in the food and beverage industries. The food robotic market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are increasing food safety regulations, and higher demand for packaged food. To download report brochure, please go to https://www.lucintel.com/food-robotic-market.aspx and click "report brochure" tab from the menu. In this market, articulated, cartesian, scara, …

According to a market report by Lucintel, the future of the UHT (ultra-high temperature) processing market looks promising with opportunities in the food and beverage industry. The UHT processing market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are increasing demand for food and beverage products with an extended shelf life, marginal nutritional changes in products such as milk, and reduction in logistics and storage costs. To download …

According to a new market report by Lucintel, the future of the commercial refrigeration equipment market looks promising with opportunities in the food service, food and beverage retail, food and beverage distribution food, and beverage production sectors. The commercial refrigeration equipment market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are rapid growth in the organized retail sector, increasing demand for packaged food and beverages, rise in international …

According to a market report by Lucintel, the future of the metallocene polyolefin (mPO) market looks promising with opportunities in the film & sheet, and injection molding markets. The metallocene polyolefin (mPO) market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are high productivity of metallocene catalyzed polyolefins and increasing demand from various applications. To download report brochure, please go to https://www.lucintel.com/metallocene-polyolefin-market.aspx and click "report brochure" tab In …

According to a market report by Lucintel, the future of the photonics market looks promising with opportunities in the media, broadcasting & telecommunication, and consumer & business automation industries. The photonics market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are increasing adoption of photonic products in various applications such as displays, information and communication technology, and lighting. To download report brochure, please go to https://www.lucintel.com/global-photonics-market.aspx and click …

According to a market report by Lucintel, the future of the polyetheramine market looks promising with opportunities in the epoxy coating, polyurea, adhesive & sealant, composites, and fuel additive applications. The polyetheramine market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth driver for this market is the increasing demand from various industries due to the versatile and unique physical properties of polyetheramines. To download report brochure, please go to https://www.lucintel.com/global-polyetheramine-market.aspx and click …

According to a market report by Lucintel, the future of the vacuum grease market looks promising with opportunities in the laboratory & industrial, equipment, food processing, pharmaceuticals and aerospace/aviation applications. The vacuum grease market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are strong growth in the laboratory equipment industry in Europe and North America and growth in the food processing industry in the developing regions. To download …

According to a new market report by Lucintel, the future of the baby diaper market looks promising with opportunities in the consumer goods sector. The baby diaper market is expected to grow with a CAGR of 5% from 2019 to 2024. The major growth drivers for this market are growing awareness regarding health issues of babies and infants, increasing disposable income, and various initiatives taken by the manufacturers to provide affordable products. To download report brochure, please go to https://www.lucintel.com/baby-diaper-market.aspx …

According to a new market report by Lucintel, the future of the commercial drone market looks promising with opportunities in the precision agriculture, aerial photography, surveillance, survey mapping, and energy applications. The commercial drone market is expected to grow with a CAGR of 13% from 2019 to 2024. The major growth driver for this market is increasing demand for commercial drone from various end use industries. UAVs (Unmanned Aerial Vehicles) have the ability to perform hazardous tasks, such as inspecting …

According to a market report by Lucintel, the future of the SiC fiber market looks promising with opportunities in the aerospace & defense, energy & power, and industrial industries. The SiC fiber market is expected to grow with a CAGR of 35% from 2019 to 2024. The major growth drivers for this market are capacity expansions due to rise in production of leap engines, increase in demand for fuel-efficient aircraft, and increased investments in manufacturing SiC fiber-based CMCs for land-based …

According to a new market report by Lucintel, the future of the digital door lock system market looks promising with opportunities in the residential and non-commercial construction industries. The digital door lock system market is expected to grow with a CAGR of 34% from 2019 to 2024. The major growth drivers for this market are increasing demand for advanced, efficient, and cost-effective digital door security systems and solutions, and enhanced home security solutions. To download report brochure, please go to …

According to a market report by Lucintel, the future of the polyurea coating market looks promising with opportunities in the building & construction, transportation, industrial, and landscape applications. The polyurea coating market is expected to grow with a CAGR of 13% from 2019 to 2024. The major growth drivers for this market are better properties of polyurea coatings than other coating systems and growing demand from end use industries. To download report brochure, please go to https://www.lucintel.com/global-polyurea-coating-market.aspx and click "report brochure" …

According to a market report by Lucintel, the future of the self-healing material market looks promising with opportunities in the building & construction, transportation, automotive, aerospace, mobile device, general industrial, medical device, and sports industries. The self-healing material market is expected to grow with a CAGR of 33% from 2019 to 2024. The major growth drivers for this market are increasing demand for self-healing materials due to its various functions in developed regions. To download report brochure, please go to …

According to a market report by Lucintel, the future of the high purity alumina market looks promising with opportunities in the LED, semiconductor, phosphor, and sapphire applications. The high purity alumina market is expected to grow with a CAGR of 20% from 2019 to 2024. The major growth drivers for this market are growing demand for high purity alumina from various industries due to its properties, such as chemical & thermal stability, high strength, and thermal & electrical insulation. To …

According to a market report by Lucintel, the future of the polymer dispersion market looks promising with opportunities in the decorative & protective coating, paper, carpet & fabric, printing ink, and adhesive & sealant markets. The polymer dispersion market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth driver for this market are growing demand in decorative & protective coating, paper, printing ink, carpet & fabrics, and adhesives & sealants applications. To download …

According to a new market report by Lucintel, the future of the domestic booster pump market looks promising with opportunities in the building and construction industry. The domestic booster pump market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are the growing construction industry and demand for efficient pumping solutions, which have resulted in the shift from traditional pumps to booster or intelligent pumps and due to its …

According to a market report by Lucintel, the future of the high heat foam market looks promising with opportunities in the automotive, railway, industrial, and aerospace, industries. The high heat foam market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are growing demand from end use industries, rising awareness of environment friendly, and energy conservation benefits of high heat foam. To download free sample and PDF brochure please …

According to a market report by Lucintel, the future of the succinic acid market looks promising with opportunities in the industrial, food & beverage, coating, and pharmaceutical industries. The succinic acid market is expected to grow with a CAGR of 28% from 2019 to 2024. The major growth drivers for this market are growing awareness of bio-based renewable substitutes, stringent government regulations, and increasing use of succinic acid as a substitute of adipic acid in polyurethane production. To download report …

According to a market report by Lucintel, the future of the medical adhesive market looks promising with opportunities in the dental, medical device & equipment, internal and external medical applications. The medical adhesive market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increasing health consciousness of consumers and faster operating speed associated with the utilization of medical adhesives over traditional wound closure techniques, such as stiches. To …

According to a market report by Lucintel, the future of the oilfield stimulation chemical market looks promising with opportunities in the hydraulic fracturing, matrix treatments, and acid fracking industries. The oilfield stimulation chemical market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are increasing crude oil production and rising deep drilling operations. To download report brochure, please go to https://www.lucintel.com/global-oilfield-stimulation-chemical-market.aspx and click "report brochure" tab from the menu …

According to a market report by Lucintel, the future of the magnetic material market looks promising with opportunities in the automotive, electronics, industrial, and power generation industries. The magnetic material market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are growing demand from end use industries, environmental concern, and government support & initiatives. To download report brochure, please go to https://www.lucintel.com/magnetic-material-market.aspx and click "report brochure" tab from the …

According to a market report by Lucintel, the future of the pour point depressant market looks promising with opportunities in the lubricant, automotive, industrial, marine, aviation, and oil & gas industries. The pour point depressant market is expected to grow with a CAGR of 33% from 2019 to 2024. The major growth drivers for this market are high growth in developing nations, growing demand from end use industries, and lower cost of production. To download report brochure, please go to …

According to a market report by Lucintel, the future of the squalene market looks promising with opportunities in the cosmetics, food, and pharmaceuticals industries. The squalene market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are growing demand of squalene due to its beneficial properties on human health and growth in the cosmetic and pharmaceutical industries. To download report brochure, please go to https://www.lucintel.com/global-squalene-market.aspx and click "report brochure" …

According to a market report by Lucintel, the future of the polyol market looks promising with opportunities in the polyurethane (flexible & rigid foam), coating, adhesive, sealant, and elastomer markets. The polyol market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increasing demand from developing regions, for energy efficient buildings, and growing demand from refrigerator and freezer manufacturers. To download report brochure, please go to https://www.lucintel.com/global-polyol-market.aspx and …

According to a market report by Lucintel, the future of the UV coating market looks promising with opportunities in the industrial coating, electronics, and graphic art industries. The UV coating market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are increasing environmental awareness of green products, growing electronics and industrial market. To download report brochure, please go to https://www.lucintel.com/global-uv-coating-market.aspx and click "report brochure" tab from the menu. Wood …

According to a market report by Lucintel, the future of the opaque polymer market looks promising with opportunities in the paints & coatings, personal care and detergents market. The opaque polymer market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are increasing prices of TIO2 and growing demand of opaque polymers in the construction industry for architectural paints. To download report brochure, please go to lucintel.com/global-opaque-polymer-market.aspx and click …

According to a market report by Lucintel, the future of the polyphenylene market looks promising with opportunities in the automotive, electrical and electronics, industrial, and coating industries. The polyphenylene market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are growing use of polyphenylene resin in various end use industries, increasing consumption in the filter bag application, and replacement of conventional materials. To download report brochure, please go to …

According to a market report by Lucintel, the future of the UV adhesive market looks promising with opportunities in the medical, electronics, glass bonding, packaging, transportation, and industrial assembly applications. The UV adhesive market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increasing demand for solvent-free adhesives in medical, glass bonding, transportation, and electronics applications. To download report brochure, please go to https://www.lucintel.com/global-uv-adhesive-market.aspx and click "report brochure" …

According to a new market report by Lucintel, the future of the smart pole market looks promising with opportunities in the highway, roadways, public places, harbors, and railway industries. The smart pole market is expected to grow with a CAGR of 20% from 2019 to 2024. The major drivers for this market are need for energy-efficient lighting systems, increasing government initiatives for smart cities, risk of road accidents, and increasing need for traffic management.   To download report brochure, please …

According to a new market report by Lucintel, the future of the bio-insecticide market looks promising with opportunities in the cereals & grains, oilseeds & pulses, fruits & vegetables farming markets. The bio-insecticide market is expected to grow with a CAGR of 18% from 2019 to 2024. The major drivers for this market are industrial promotions in biotechnology and integrated pest management techniques and promotion of biocontrol products to avoid insecticide-resurgence pest outbreaks by governments. To download report brochure, please …

According to a new market report by Lucintel, the future of the solar photovoltaic glass market looks promising with opportunities in the utility, residential, and non-residential construction industries. The solar photovoltaic glass market is expected to grow with a CAGR of 33% from 2019 to 2024. The major drivers for this market are growing awareness about generating reliable and clean energy, up gradation of existing buildings infrastructure, and favorable policy support from the government. To download report brochure, please go …

According to a new market report by Lucintel, the future of the DIY home automation market looks promising with opportunities in the commercial and household markets. The DIY home automation market is expected to grow with a CAGR of 40% from 2019 to 2024. The major drivers for this market are increasing awareness on safety and security, increasing consumer need for simplicity and personalized experience, growing adoption of cloud-based technologies, and low cost for DIY system.   To download report brochure, …

According to a new market report by Lucintel, the future of the home energy management system market looks promising with opportunities in the single family and multi family housing markets. The home energy management system market is expected to grow with a CAGR of 15% from 2019 to 2024. The major drivers for this market are stringent government regulation towards energy efficiency, increasing energy prices, real-time energy conservation approach, convenience of cloud computing and data analytics, and increased device interconnectivity. …

According to a new market report by Lucintel, the future of the smart camera market looks promising with opportunities in the public spaces, military & defense, transit facilities, commercial facilities, enterprise & government infrastructure, and residential infrastructure sectors. The smart camera market is expected to grow with a CAGR of 9% from 2019 to 2024. The major drivers for this market are increasing use of smart cameras for security and surveillance in residential, commercial facilities, and public spaces. To download …

According to a new market report by Lucintel, the future of the smart sensor market looks promising with opportunities in the automotive, consumer electronics, industrial, infrastructure, medical equipment, avionics, and food and beverage industries. The smart sensor market is expected to grow with a CAGR of 18% from 2019 to 2024. The major drivers for this market are increasing vehicle production, growth in demand for smartphones, and development of smart cities.  To download report brochure, please go to https://www.lucintel.com/smart-sensor-market.aspx and …

According to a new market report by Lucintel, the future of the biofertilizer market looks promising with opportunities in the seed treatment and soil treatment applications. The biofertilizer market is expected to grow with a CAGR of 14% from 2019 to 2024. The major drivers for this market are rise in demand for organic foods among the health conscious population and growing adoption of advanced and sophisticated technologies by farmers to increase arable land. To download report brochure, please go …

According to a new market report by Lucintel, the future of the smart speaker market looks promising with opportunities in the residential and commercial industries. The smart speaker market is expected to grow with a CAGR of 34% from 2019 to 2024. The major drivers for this market are increasing number of smart homes, rising disposable income, rapid proliferation of multifunctional devices, and increasing need for  personalize experiance. To download report brochure, please go to https://www.lucintel.com/smart-speaker-market.aspx and click "report brochure" …

According to a new market report by Lucintel, the future of the specialty fertilizers market looks promising with opportunities in the cereals & oilseeds, fruits & vegetables, turf & ornamentals, and pulses farming. The specialty fertilizers market is expected to grow with a CAGR of 7% from 2019 to 2024. The major drivers for this market are growing population, increasing demand for food, and growing awareness regarding health. To download report brochure, please go to https://www.lucintel.com/specialty-fertilizers-market.aspx and click "report brochure" …