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The international market of Biophotonics is anticipated to reach US$ 59.7 billion of market valuation by 2020 end, exhibiting a CAGR of 11.3% during the forecast period.
In revenues, the global automotive wire and cable materials market had reached nearly US$ 4 Bn, witnessing expansion at single digit revenue CAGR in 2016. Rising emphasis on vehicle maintenance and safety as well as growing installation of navigation and infotainment system are some key factors supporting growth of the market
A recently published report by Research Report Insights (RRI), reveals that market for flexible glass in Asia Pacific is set to surge at a staggering CAGR of 36.5% between 2014 and 2020 to reach valuation in excess of US$ 600 Mn. Development of displays with higher flexibility threshold is expected to reflect favourably on the flexible glass market in the Asia Pacific in the forthcoming years
Increasing adoption of therapeutic antibodies along with elevated rate of product approval in developing countries is propelling the growth of the global antibodies market. The market had surpassed US$ 104 Bn in 2016. Additionally, approval of monoclonal antibody products, combined with drug conjugates, antibody fragments, and therapeutic antibodies in key markets of Europe, Japan and the U.S. have boosted the growth of the market as well as inexpensive biosimilar antibody therapeutics available in the market is another driving factor for the market
The global automotive tire market is estimated to witness huge growth across key regions such as North America, Asia Pacific excluding Japan (APEJ), Eastern Europe, Western Europe, Japan, and Middle East and Africa (MEA) over the forecast period (2017-2027).
Europe will remain the most attractive market with close to 40% share of the market in terms of revenue. The men’s grooming products market in Europe will continue to present lucrative market opportunities over the next couple of years. The UK, Germany and France will collectively account for over 50% revenue share of men’s grooming products market in the region.
RRI delivers key insights on the global bioplastics for packagingmarket in its latest report titled,“Bioplastics for Packaging Market: Global Industry Analysis, Size, Sales and Forecast By 2027”, In terms of volume, the global bioplastics for packagingmarket is projected to increase at a CAGR of 13.8%during the forecast period 2017–2027 owing to various factors, regarding which RRI offers vital insights in detail in this report.
The long-term outlook on the global Butyl Rubber market will remain positive, with the market value expected to increase at a CAGR of 4.7% during the forecast period 2017 – 2025. According to the product types, the halogenated butyl rubber segmentis expected to expand at a significant CAGR in terms of values& volume during the period.Based on application, tires and tubes segment is expected to witness a healthy CAGR in terms of volumes and valuesduring the forecast period.
RRI delivers key insights on the global Cutting Tool Inserts market in its latest report entitled ‘Cutting Tool Inserts Market: Global Industry Analysis, Size, Sales and Forecast By 2025’. The overall growth for global Cutting Tool Inserts market to remain attractive, with the market value anticipated to grow at a CAGR of 6.6% in terms of volume during the forecast period 2017 – 2025.
Internet of things (IoT) analytics helps user by auto-generating operative and functional data with generation of intelligent analytics. Owing to its benefits including better efficiency, reduced operational costs and infrastructural optimization these technologies witnessing increased adoption of IoT based technologies.
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