Press Release

According to a market report by Lucintel, the future of blowing agents in the global plastic additive market looks promising with opportunities in hydrofluorocarbons (HFCs), hydrocarbons (HCs), and hydrochlorofluorocarbons (HCFCs). Blowing agents in the global plastic additive market are expected to reach an estimated $1.9 billion by 2028 with a CAGR of 5.1% from 2023 to 2028. The major drivers for this market are growing demand from various end-user industries, such as construction, automotive, and electronics, and increasing application of …

According to a market report by Lucintel, the future of the semiconductor seal market looks promising with opportunities in cleaning, chemical vapor deposition (CVD), atomic layer deposition (ALD), physical vapor deposition (PVD, oxidation, and diffusion applications. The global semiconductor seal market is expected is expected to reach an estimated $0.9 billion by 2028 with a CAGR of 7.5% from 2023 to 2028. The major drivers for this market are increasing demand for electronics devices, such as smartphones, tablets, laptops, and …

According to a market report by Lucintel, the future of colorants in the global textile chemical market looks promising with opportunities in the apparel, household, technical textiles, automotive, and accessory markets. The global colorant in textile chemical market is expected to reach an estimated $11.3 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are increasing disposable income and growing demand for fashionable textiles and home décor globally. In this market, …

According to a market report by Lucintel, the future of stabilizers in the global plastic additive market looks promising with opportunities in the packaging, consumer goods, construction, and automotive industries. The global plastic additive market in terms of stabilizer usage is expected to reach an estimated $6.3 billion by 2028 with a CAGR of 4.6% from 2023 to 2028. The major drivers for this market are increasing demand from the packaging and automotive industries, as it help in adding ultraviolet …

According to a market report by Lucintel, the future of the cell based assay market looks promising with opportunities in pharmaceutical & biopharmaceutical companies, CROs, and academic & research institutes. The global cell based assay market is expected to reach an estimated $32.3 billion by 2028 with a CAGR of 8.5% from 2023 to 2028. The major drivers for this market are increasing incidences of chronic diseases, increasing preference for cell-based assay, and rising investment in R&D of drug discovery …

According to a market report by Lucintel, the future of the beauty and personal care surfactant market looks promising with opportunities in skin care and hair care applications. The global beauty and personal care surfactant market is expected to reach an estimated $9.5 billion by 2028 with a CAGR of 6% from 2023 to 2028. The major drivers for this market are increasing demand for bio-based and anti-aging products and rising awareness among consumers towards the benefits of skin-friendly products. …

According to a market report by Lucintel, the future of the custom antibody market looks promising with opportunities in the research and therapeutics applications. The global custom antibody market is expected to reach an estimated $0.8 billion by 2028 with a CAGR of 10.4% from 2023 to 2028. The major drivers for this market are increasing government funding investments for research and development activities, rise in therapeutics of antibodies, and growing demand for protein therapeutics. In this market, antibody development, …

According to a market report by Lucintel, the future of the boiler water treatment chemical market looks promising with opportunities in the power, oil & gas, chemical & petrochemical, food & beverage, pulp & paper, textile, and dye industries. The global boiler water treatment chemical market is expected to reach an estimated $12.5 billion by 2028 with a CAGR of 7% from 2023 to 2028. The major drivers for this market are rapid industrialization, growing demand for power generation, and …

According to a market report by Lucintel, the future of the cardiac safety service market looks promising with opportunities in pharmaceutical & biopharmaceutical companies and contract research organizations. The global cardiac safety service market is expected to reach an estimated $1.1 billion by 2028 with a CAGR of 11.1% from 2023 to 2028. The major drivers for this market are increasing number of clinical trials along with growing incidence of cardiovascular diseases and rising awareness of cardiac problems and heart …

According to a market report by Lucintel, the future of the alumina trihydrate (ATH) flame retardant market looks promising with opportunities in the electrical and electronic, building and construction, transportation, furnishing, textile, and adhesive, and sealant and coating end use industries. The global alumina trihydrate (ATH) flame retardant market is expected to reach an estimated $3.0 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are growing demand from the construction …

According to a market report by Lucintel, the future of the biologics safety testing market looks promising with opportunities in vaccine development and manufacturing, monoclonal antibodies development and manufacturing, cellular & gene therapy product development and manufacturing, and blood and blood product development and manufacturing. The global biologics safety testing market is expected to reach an estimated $8.2 billion by 2028 with a CAGR of 12.8% from 2023 to 2028. The major drivers for this market are increasing pharmaceutical and …

According to a market report by Lucintel, the future of the diamond semiconductor substrate market looks promising with opportunities in the c?n?um?r el??tr?n??, c?n?tru?t??n, and h??lth??r? industries. The global diamond semiconductor substrate market is expected to reach an estimated $0.49 billion by 2028 with a CAGR of 15% from 2023 to 2028. The major drivers for this market are growing use of diamonds in sectors such as electronics and healthcare. In this market, n?tur?l ?nd s?nth?t?? are the two types …

According to a market report by Lucintel, the future of the cell dissociation market looks promising with opportunities in pharmaceutical and biotechnology companies and research and academics. The global cell dissociation market is expected to reach an estimated $0.7 billion by 2028 with a CAGR of 14.4% from 2023 to 2028. The major drivers for this market are increasing cell-based research and development initiatives by biopharmaceutical companies and growing demand for personalized medicine. In this market, tissue dissociation and cell …

According to a market report by Lucintel, the future of the smart washing machine market looks promising with opportunities in residential and commercial applications. The global smart washing machine market is expected to reach an estimated $5.5 billion by 2028 with a CAGR of 20.0% from 2023 to 2028. The major drivers for this market are increasing household spending on luxury, growing customer inclination towards smart products, and rising need for energy efficient washing machines. In this market, front load …

According to a market report by Lucintel, the future of the amphoteric surfactant market looks promising with opportunities in personal care, home care and industrial & institutional cleaning, oil field chemical, and agrochemical applications. The global amphoteric surfactant 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 growing demand from end use industries, such as personal care and agro chemicals, and increasing …

According to a market report by Lucintel, the future of the cell lysis & fractionation market looks promising with opportunities in the research laboratories and institutes, and biopharmaceutical and biotechnology companies. The global cell lysis & fractionation market is expected to reach an estimated $5.3 billion by 2028 with a CAGR of 8.3% from 2023 to 2028. The major drivers for this market are a surge in the number of infectious diseases, growing government funding for research in genomics and …

According to a market report by Lucintel, the future of the semiconductor valve market looks promising with opportunities in cleaning, CVD/ALD, PVD, measuring equipment, CMP equipment, Ion implantation and diffusion, and drying applications. The global semiconductor valve market is expected to reach an estimated $1.84 billion by 2028 with a CAGR of 4.5% from 2023 to 2028. The major drivers for this market are increasing need for these valves in a variety of applications, such as natural gas, pharmaceutical and …

According to a market report by Lucintel, the future of the pharmaceutical packaging equipment market looks promising with opportunities in liquid packaging equipment, solid packaging equipment, and semi-solid packaging equipment. The global pharmaceutical packaging equipment market is expected to reach an estimated $10.9 billion by 2028 with a CAGR of 7.3% from 2023 to 2028. The major drivers for this market are growing predominance of chronic diseases, introduction of novel drugs, increasing demand for API packaging, and growing demand for …

According to a market report by Lucintel, the future of the tangential flow filtration market looks promising with opportunities in pharmaceutical & biotechnology companies, contract research organizations & contract manufacturing organizations (CMOs & CROs), and academic institutes & research laboratories. The global tangential flow filtration market is expected to reach an estimated $2.7 billion by 2028 with a CAGR of 11.4% from 2023 to 2028. The major drivers for this market are increasing demand for biopharmaceuticals for treating various disorders …

According to a market report by Lucintel, the future of the bone china drinkware market looks promising with opportunities in the commercial and personal use markets. The global bone china drinkware market is expected to reach an estimated $0.83 billion by 2028 with a CAGR of 3% from 2023 to 2028. The major drivers for this market are increasing adoption of bone china products in food service and hospitality industries and growing demand for durability, lighter weight, and smoother glazing …

According to a market report by Lucintel, the future of impact modifiers in the global plastic additive market looks promising with opportunities in the packaging, construction, consumer good, and automotive industries. The global plastic additive market in terms of impact modifier usage is expected to reach an estimated $4.2 billion by 2028 with a CAGR of 5.4% from 2023 to 2028. The major drivers for this market are an increase in demand from the construction and automotive industries and growing …

According to a market report by Lucintel, the future of the metagenomic sequencing market looks promising with opportunities in drug discovery, clinical diagnostic, soil microbiome, industrial, ecological and environment, and veterinary markets. The global metagenomic sequencing market is expected to reach an estimated $4.7 billion by 2028 with a CAGR of 17.0% from 2023 to 2028. The major drivers for this market are increasing advancements in DNA sequencing, continuous technological innovations in NGS platform, and growing initiatives and funding from …

According to a market report by Lucintel, the future of the action video game market looks promising with opportunities in the console, mobile, and computer markets. The global action video game market is expected to reach an estimated $37.8 billion by 2028 with a CAGR of 9.3% from 2023 to 2028. The major drivers for this market are on-going technological advancement in hardware and software like virtual reality and enhancement of real-time graphics along with increasing inclination of youth towards …

According to a market report by Lucintel, the future of the pharmaceutical contract manufacturing market looks promising with opportunities in the big pharmaceutical, small & medium-sized pharmaceutical, and generic pharmaceutical markets. The global pharmaceutical contract manufacturing market is expected to reach an estimated $222.0 billion by 2028 with a CAGR of 7.3% from 2023 to 2028. The major drivers for this market are growing demand for generic and specialty medicines, increasing investments in pharmaceutical R&D activities, and rising trend for …

According to a market report by Lucintel, the future of the stem cell assay market looks promising with opportunities in biopharmaceutical & biotechnology companies and academic & research institutes. The global stem cell assay market is expected to reach an estimated $4.0 billion by 2028 with a CAGR of 19.1% from 2023 to 2028. The major drivers for this market are increasing awareness of therapeutic potency of stem cells, rising acceptance of the current stem cell culture technology, and growing …

According to a market report by Lucintel, the future of the residential fire detector market looks promising with opportunities in smoke detectors and heat detectors. The global residential fire detector market is expected to reach an estimated $0.60 billion by 2028 with a CAGR of 9.6% from 2023 to 2028. The major drivers for this market are increasing consumer awareness of the benefits of installations of fire detectors in houses and growing demand for fire sprinkler systems among residential users. …

According to a market report by Lucintel, the future of the precious metal catalyst market looks promising with opportunities in the automobile, pharmaceutical, and refinery industries. The global precious metal catalyst market is expected to reach an estimated $26.7 billion by 2028 with a CAGR of 7% from 2023 to 2028. The major drivers for this market are growing demand for precious metal catalysts in the automotive industry to reduce vehicle emissions and increasing trend of nanoparticle catalysts. In this …

According to a market report by Lucintel, the future of the glassware market looks promising with opportunities in the commercial and personal markets. The global glassware market is expected to reach an estimated $8.0 billion by 2028 with a CAGR of 2.8% from 2023 to 2028. The major drivers for this market are increasing demand from the food and beverage industry, growing hotel and catering service industries and rising awareness among health-conscious consumers towards adoption of glassware, as it eliminates …

According to a market report by Lucintel, the future of the industrial fire detector market looks promising with opportunities in smoke detectors, flame detectors, gas detectors, linear infrared detectors, and heat detectors. The global industrial fire detector market is expected to reach an estimated $0.81 billion by 2028 with a CAGR of 6.3% from 2023 to 2028. The major drivers for this market are increasing demand for advanced fire safety systems to reduce fire risks and on-going industrial automation progress …

According to a market report by Lucintel, the future of pigments in the plastic additive market looks promising with opportunities in the building & construction, automotive, textile, paper, and plastic & polymer industries. The global pigment in plastic additive market is expected to reach an estimated $9.0 billion by 2028 with a CAGR of 4.8% from 2023 to 2028. The major drivers for this market are growing trend of aesthetics in packaging and increasing demand for high performing pigments in …

According to a market report by Lucintel, the future of the commercial fire detector market looks promising with opportunities in smoke detectors, heat detectors, and carbon monoxide. The global commercial fire detector market is expected to reach an estimated $2.90 billion by 2028 with a CAGR of 8% from 2023 to 2028. The major drivers for this market are growing need for fire detectors in commercial spaces and business facilities to ensure the safety of employees, customers, and buildings in …

According to a market report by Lucintel, the future of the anionic surfactant market looks promising with opportunities in the personal care, homecare, oil& gas, and construction industries. The global anionic surfactant market is expected to reach an estimated $31.7 billion by 2028 with a CAGR of 4.5% from 2023 to 2028. The major drivers for this market are increased consumption in personal care and homecare industries, growing government investment in oil and gas projects, and rising acceptance of greener …

According to a market report by Lucintel, the future of the automotive and transportation supercapacitor market looks promising with opportunities in the passenger car and commercial vehicle markets. The global automotive and transportation supercapacitor market is expected to reach an estimated $319.8 million by 2028 with a CAGR of 19% from 2023 to 2028. The major drivers for this market are increasing demand for energy-efficient products for electric and hybrid vehicles and rising penetration of autonomous driving systems in the …

According to a market report by Lucintel, the future of the adventure video game market looks promising with opportunities in the PC, mobile, and tablet markets. The global adventure video game market is expected to reach an estimated $10.8 billion by 2028 with a CAGR of 5.9% from 2023 to 2028. The major drivers for this market are growing interest of users in adventure video games as it enables them to learn new skills to overcome gaming challenges and experience …

According to a market report by Lucintel, the future of the exosome research market looks promising with opportunities in the academic & research institute, pharmaceutical & biotechnology companies, and hospital & clinical testing laboratory markets. The global exosome research market is expected to reach an estimated $1.16 billion by 2028 with a CAGR of 33.6% from 2023 to 2028. The major drivers for this market are increasing number of cancer patients, growing need for cell-free therapies to treat a variety …

According to a market report by Lucintel, the future of micro LED in the global head-up display market looks promising with opportunities in the automotive and aviation markets. Micro LED in the global head-up display market is expected to reach an estimated $25.0 million by 2028 with a CAGR of 56.1% from 2023 to 2028. The major drivers for this market are increasing awareness about passenger and vehicle safety, convenience offered by combination of satellite navigation technology, and growing demand …

According to a market report by Lucintel, the future of the cleanroom technology market looks promising with opportunities in the pharmaceutical, medical device, biotechnology, and hospital and diagnostic center markets. The global cleanroom technology market is expected to reach an estimated $8.1 billion by 2028 with a CAGR of 6.4% from 2023 to 2028. The major drivers for this market are growing demand for quality products that adhere to regulatory standards along with increasing demand for sterilized pharmaceutical formulations, and …

According to a market report by Lucintel, the future of the metallic silicon market looks promising with opportunities in the aluminum alloy, semiconductor, solar panel, and silicone applications. The global metallic silicon market is expected to reach an estimated $9.3 billion by 2028 with a CAGR of 5.1% from 2023 to 2028. The major drivers for this market are growing application of metallic silicon among semiconductor products and increasing utilization of these goods in the production of automotive aluminum alloys …

According to a market report by Lucintel, the future of the contract research organization (CRO) services market looks promising with opportunities in the pharmaceutical & biopharmaceutical companies, medical device companies, and academic institute markets. The global contract research organization (CRO) services market is expected to reach an estimated $116.1 billion by 2028 with a CAGR of 10.1% from 2023 to 2028. The major drivers for this market are increasing need for research and development activity for drugs, rising number of …

According to a market report by Lucintel, the future of the printed circuit heat exchanger market looks promising with opportunities in the chemical processing, oil & gas, power generation, and industrial applications. The global printed circuit heat exchanger market is expected to reach an estimated $1.09 billion by 2028 with a CAGR of 4.3% from 2023 to 2028. The major drivers for this market are growing need for heat exchangers with exceptional performance and efficiency, increasing off-shore oil production and …

According to a market report by Lucintel, the future of the graphite electrode market looks promising with opportunities in the steel, silicon metal, and aluminum applications. The global graphite electrode market is expected to reach an estimated $10.5 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are the growing need for anti-corrosion products in the oil and gas sector and increasing demand for steel in various end use industries, such …

According to a market report by Lucintel, the future of the laser welding market looks promising with opportunities in the automotive, electronic, medical, jewellery, and tool & mold-making industries. The global laser welding market is expected to reach an estimated $3.6 billion by 2028 with a CAGR of 5.8% from 2023 to 2028. The major drivers for this market are increasing demand for fabricated metal products, advancement in the manufacturing process, and growing trend of automation in the welding process. …

According to a market report by Lucintel, the future of micro LED in the global smartphone and tablet market looks promising with opportunities in the OEMs, retail, and e-commerce markets. The usage of micro LED in the global smartphone and tablet market is expected to reach an estimated $0.53 billion by 2028 with a CAGR of 84.2% from 2023 to 2028. The major drivers for this market are increasing disposable income, ongoing development of telecom infrastructure, and growing demand and …

According to a market report by Lucintel, the future of micro LED in the global monitor and laptop market looks promising with opportunities in the gaming, business/commercial, and personal end use industries. The consumption of micro LED in the global monitor and laptop market is expected to reach an estimated $0.07 billion by 2028 with a CAGR of 60.5% from 2023 to 2028. The major drivers for this market are increasing adoption of laptops in educational institutes, rising investments in …

According to a market report by Lucintel, the future of the screw compressor market looks promising with opportunities in the chemical and petrochemical, food and beverage, mining and metal, oil and gas, automotive, and power plant end use industries. The global screw compressor market is expected to reach an estimated $15.9 billion by 2028 with a CAGR of 4.6% from 2023 to 2028. The major drivers for this market are growing demand for energy-efficient compressors; increasing application of these compressors …

According to a market report by Lucintel, the future of the MRAM memory market looks promising with opportunities in the consumer electronics, robotics, automotive, enterprise storage, and aerospace and defense industries. The global MRAM memory market is expected to reach an estimated $0.45 billion by 2028 with a CAGR of 45% from 2023 to 2028. The major drivers for this market are increasing demand for wearable devices, high adoption of IoT devices, advancements in computing technology, and rising adoption of …

According to a market report by Lucintel, the future of the lithography material market looks promising with opportunities in the automotive, consumer electronic, and IT & telecommunication industries. The global lithography material market is expected to reach an estimated $4.9 billion by 2028 with a CAGR of 4.2% from 2023 to 2028. The major drivers for this market are growing penetration of nanolithography in nanometre scale and increasing use of advanced materials within microchips and semiconductors in smartphones and wearable …

According to a market report by Lucintel, the future of the drug discovery services market looks promising with opportunities in the pharmaceutical & biotechnology companies and academic institute markets. The global drug discovery services market is expected to reach an estimated $37.3 billion by 2028 with a CAGR of 14.1% from 2023 to 2028. The major drivers for this market are increasing need for drug discovery services with augmenting cases of various diseases, growing demand for specialized testing services among …

According to a market report by Lucintel, the future of the underwater acoustic device market looks promising with opportunities in the oil & gas, military & defense, homeland security, scientific research & development, and marine sectors. The global underwater acoustic device market is expected to reach an estimated $3.8 billion by 2028 with a CAGR of 12.5% from 2023 to 2028. The major drivers for this market are increasing underwater exploration activities, growing application of acoustic modems in oil and …

According to a market report by Lucintel, the future of the semiconductor robot market looks promising with opportunities in the automotive, medical, electronics, and aerospace & defense industries. The global semiconductor robot market is expected to reach an estimated $1.20 billion by 2028 with a CAGR of 8% from 2023 to 2028. The major drivers for this market are growing application of semiconductor robot in various end use industries, such as automobiles, consumer electronics, and medical device owing to its …