Market Trends

Pressure Sensors Market Overview: Pressure sensor are devices that detects, measures, and transmits data pertaining to fluid and gas flow, speed, water level, and altitude. With its sense of pressure it also helps in evaluating human medical conditions, and  wearable medical devices market  a prominent employer of pressure sensors in healthcare setting is forecast to reach $41 billion by 2020. Performance of devices and components in various sectors including automotive, consumer electronics, oil and gas, healthcare, and industrial are monitored by pressure sensors, thus forewarning any adjustments and avoiding mechanical break-down to curb adverse economic effects and inefficiency in production. Owing to its adjacent sectors experiencing unprecedented demand delivered via global industrialization,  pressure sensors market  size with ample opportunities is worth $5.11 billion as of 2018. Pressure Sensors Market Outlook: Microelectromechanical Systems (MEMS pressure sensors) through its

Carbon fiber reinforced plastic (CFRP) market  size is forecast to reach $22.50 billion by 2025, after growing at a CAGR of 9.41% during 2020-2025 , owing to the increasing adoption of carbon fiber reinforced plastics over conventional metallic alloys in various end use industries such as automotive, aerospace, wind energy, and others. This is mainly due to tensile strength carried by CFRP, which falls between 1500 and 3500 MPa, whereas its metallic counterparts such as aluminum and steel only possess tensile strength of 450–600 MPa and 750–1500 MPa, respectively. Growing demand from the aerospace industry and a rising preference for fuel efficient and light-weight vehicles are the major factors driving the carbon fiber reinforced plastic (CFRP) market during the forecast period. Report Coverage The report: “Carbon Fiber Reinforced Plastic (CFRP) Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the carbon fiber reinforced plastic

Worldwide increasing demand for biodegradable products and sustainable solutions are influencing the demand in the global oleochemicals market.   Oleochemicals   is defined as a chemical compound derived from natural sources such as plants and animal fats. It is readily available in the world and mainly used in the formulation and production of industrial, personal care, and household products, which include surface cleaners, softeners, fabric cleaners, dishwashing, automotive cleaners, industrial cleaners, degreasers, and hygiene products. These products offer significant diversification opportunity for chemical companies as they are effective and high-quality substitutes for petroleum-based products. Oleochemicals also act as an intermediary in rubber, pharmaceutical, plastic, paint and lubricant industries. The changing industrial structure of plastics, rubber and surface active agent industries coupled with transformation in the mode of development are fueling the fatty acids marke

Anticorrosion Coatings Market size is forecast to reach $ 23,263.19 million by 2025, after growing at a CAGR of 5.54% during 2020-2025. Major factors driving anticorrosion coatings demand includes growth in construction project, expansion of oil and gas activities in Asia pacific and North America and growth in automotive production. According to OICA in 2018, global light commercial vehicles production increased from 19,482,394 to 20, 635,799 i.e., 5.9% higher from 2017. Asia Pacific road projects such as the Bharathmala project, in India, and the ongoing Belt and Road project, in China are also increasing the consumption of anti-corrosion coatings. Furthermore, increasing government regulations on VOC emission is creating need to develop coatings with low VOC emission and enhanced corrosion properties which is expected to influence the global anticorrosion coatings market growth in the coming year. However fluctuation in raw materials prices is expected hinder market growth.  Repor

  Global Aquaponics Market Overview: Association of organic commodities consumption with wellness is taking the consumer products arcade towards epidemic innovations. As per the U.S Department of Agriculture, organic food sales have increased by 20% annually, and has surpassed the $10 billion mark in 2003, up from merely $3 billion in 1997 [1] .  Owing to such trends, the global aquaponics market size is valued at $580 million - $630 million as of 2018, as per the findings of this business intelligence report. The report forecasts the demand to grow at CAGR of 14.5% -15.5% going through to 2025. Aquaponics basically combines orthodox aquaculture with hydroponics (cultivating plants in water) in a symbiotic environment. In this organic setting excretions from the aquatic-animals (snails, fish, crayfish or prawns) are procured by hydroponic system which acts like a settling basin, the by-products breaks down as nitrites and nitrates and are utilized by the plants as nutrients. The whole