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Industry Experts, Inc Forcasts Global Semiconductor Gas Sensors Market to Reach $1.4 Billion by 2027 Driven by Safety & Security Applications

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Industry Experts, Inc. published the global market research report on Semiconductor Gas Sensors. The report entitled " Global Semiconductor Gas Sensors Market – Sensing Materials and Applications " focuses on the market for Semiconductor Gas Sensors by sending material types/sub-types and the key applications. Asia-Pacific’s market for Semiconductor Gas Sensors is likely to log the fastest similar period CAGR of 7.5% in reaching a projected US$415.8 million by 2027. The use of Semiconductor Gas Sensors has gained popularity for detecting flammable, toxic or explosive gases at low concentrations in a range of industrial and other settings, as well as for monitoring environmental pollution. While the properties of any sensing material, such as high sensitivity, rapid response/recovery and good selectivity, play a crucial role in determining their scope of operation, it is a challenging prospect to develop cost-effective and reliable sensing devices that can detect gases, part...

According to Industry Experts, Inc. Market Report Demand from Detergents and Building & Construction Bolsters Global Zeolites Market to Reach $16 Billion by 2027

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Industry Experts, Inc. Unveiled an updated 2022 version of the global market research report on Zeolites. The new version entitled " Global Zeolite Market – Products and Applications " focuses on the market for Zeolites types and the key application sectors. Asia-Pacific is the principal global market for Zeolites, which is also likely to log the fastest 2022-2027 CAGR of 8.8% in reaching a projected US$9 billion by 2026. Zeolites are most widely used in the production of detergents, with other major applications for the materials being building & construction, water and wastewater treatment and oil refining & petrochemicals. Of the two types of zeolites, the demand for the natural variety is marginally larger, though the market for synthetic zeolites is likely to grow at a faster rate. These materials are widely used as builders in detergents as fluid catalytic cracking (FCC) catalysts in the petroleum industry and as adsorbents/desiccants in the construction, natu...

Automotive, Aerospace and Construction Sectors to Drive Global Market for Hydraulic Components to Reach $83 Billion by 2027

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Industry Experts, Inc. published an updated 2022 version of the market research report on Hydraulic Components. The new version of this report includes the analysis of impact and recovery of COVID-19 on the global Hydraulic Components market . Asia-Pacific and South America are expected to grow relatively faster while developed regions such as North America and Europe are projected to witness the slower growth during the same analysis period. The aftereffects of COVID-19 continue to linger even now, with some global regions reporting a sudden spurt in the number of new cases owing to newer and unspecified variants. Hydraulic Components are used in a variety of industrial areas, several of which witnessed a decline in activity during the pandemic period, thereby adversely impacting demand for them. However, a look at the market figures for Hydraulic Components between the worst years of 2019 to 2021 put forth a picture of cautious optimism, as, compared to other sectors, declines in te...

Global Powder Metallurgy Market to Reach $12.5 billion by 2027 | Market Trends and Forecast

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Industry Experts, Inc. released an updated 2022 version of the global market report entitled " Powder Metallurgy – A Global Market Overview ". As per the new report, the demand for Powder Metallurgy in Asia-Pacific is likely to record the fastest 2022-2027 CAGR of 9.2% in reaching a projected US$5.7 billion by 2027. Powder Metallurgy is a technique utilized for processing powdered raw materials and producing a variety of components based on iron & steel powders (ferrous) and aluminum, cobalt, copper, nickel and titanium, among others (non-ferrous). The components made using powder metallurgy are very strong and can withstand working environments that conventionally produced parts cannot. The demand for this procedure has been exhibiting quite impressive growth over the recent past, though the advent of COVID-19 has changed the scenario to some extent. The global demand for Powder Metallurgy components and parts is anticipated to be the largest for the Automotive sector,...

PVDF Leads Fluoropolymers Global Market to Reach 480K MTs by 2026 | Market Research Report (2021-2026) by Industry Experts, Inc.

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Industry Experts, Inc. introduced the new 2022 version of their market research report on Fluoropolymers. This new version entitled " Global Fluoropolymers Market – Polymer Types and End-Use Sectors " analyzes that the Automotive & Transportation sector has been severely impacted by COVID-19 pandemic as vehicle production significantly dropped across all major producing countries. However, Electrical & Electronics sector is projected to record robust growth exceeding 10% CAGR for the period 2021-2026. Global fluoropolymers growth is attributed mainly to the robust growth in the developing regions and also continued economic recovery in the developed nations that drives industrial investment and growth in construction activities. PTFE is the largest fluoropolymer in terms of volume and value. However, melt-processable fluoropolymers such as PVDF, FEP, ETFE and ECTFE are forecast to record fastest growth during the analysis period, owing to the significant demand from ...

Industry Experts, Inc Forecasts Global Market for Atrial Fibrillation to Reach $32 billion by 2027

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Industry Experts, Inc. published the new market research report " Global Atrial Fibrillation Market – Treatment Types and End-User Facilities ". As per the new report, Non-Pharmacological Treatment is estimated the largest type for Atrial Fibrillation treatment accounting for about 59% market in 2021 while the same is projected to grow by the fastest CAGR of 13.6% during the period 2022-2027. Atrial Fibrillation (AF) is the most common arrhythmia, which can lead to stroke, peripheral embolization, heart failure and other unfavorable outcomes. While the incidence of AF among the general population has been found to be at about 2.3%-3.4%, this registers a significant increase in patients with pulmonary disease, critical illness or systemic inflammatory response syndrome, with devastating clinical impact. A number of recent epidemiological studies have established a greater risk of AF and new-onset AF among patients with COVID-19, though the results have been quite inconsistent...

Industry Experts, Inc Forecasts Polyvinylidene Fluoride (PVDF) Market to Reach 130K Metric Tons by 2026 Driven by Strong Demand from Li-ion Batteries

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Industry Experts, Inc. unveiled market research report on Polyvinylidene Fluoride (PVDF). As per the new report entitled " Polyvinylidene Fluoride (PVDF) – A Global Market Overview ", Asia-Pacific is the world's largest volume market for PVDF with an estimated 62% volume share in 2021 and further projected to record the fastest 2021-2026 CAGR of 16.2%. The impact of coronavirus pandemic has evident across all regions, and the demand for Polyvinylidene Fluoride (PVDF) witnessed a moderate, compared to 2019, increase of 3% globally in 2020. Consumption of PVDF has decreased significantly by 5.2% in South America followed by Europe (-5.2% YOY) and North America (-4.2% YOY), while the impact was not evident in Asia-Pacific region and the demand for the same was registered a YOY growth of 8.6% in 2020, owing to the robust growth in Chinese, Japanese and South Korean lithium-ion battery separators market. Almost all application sectors of Polyvinylidene Fluoride (PVDF) were ...

Future of Global Fluorinated Ethylene Propylene (FEP) Market | Demand to reach 46K MTs by 2026

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Industry Experts, Inc. published an updated 2022 version of the market research report on Fluorinated Ethylene Propylene (FEP). The global market report entitled " Fluorinated Ethylene Propylene (FEP) – A Global Market Overview " reveals that Asia-Pacific emerged as the largest market for FEP with an estimated consumption share of 44% in 2021 closely followed by North America with 41%. The impact of COVID-19 pandemic on Fluorinated Ethylene Propylene (FEP) demand differed in intensity depending on their end-use application and region. Sharpest decline was evident in FEP demand for automotive & transportation followed by chemical processing and industrial/mechanical applications. On the other hand, impact on demand for FEP in electrical & electronics applications was nominal in 2020. Automotive industry came under massive pressure in the first half of 2020 as a result of the COVID-19 pandemic across the globe. This resulted in a decline of 13.2% in 2020 to 2.6 thousa...

Global Polytetrafluoroethylene (PTFE) Market Projected to reach 250K MTs by 2026 | Market Report by Industry Experts, Inc.

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Industry Experts, Inc. unveiled the updated 2022 version of the market research report " Polytetrafluoroethylene (PTFE) – A Global Market Overview ". Granular PTFE dominates the global volume consumption of PTFE, with an estimated share of about 45% of total PTFE consumed in 2021 while Micronized Powder PTFE is projected to grow faster during the period 2021-2026 closely followed by Fine Powder PTFE. Attributed to the slowdown in global economy and industrial activities worldwide amid the impact of coronavirus pandemic, global market for Polytetrafluoroethylene (PTFE) has declined by 5.1% year-over-year (YOY) in 2020 compared to 2019. Recovering from the pandemic impact, global market for Polytetrafluoroethylene (PTFE) is projected to reach 250 thousand metric tons by 2026 at a CAGR of 5% between 2021 and 2026. Asia-Pacific is the world’s largest volume market for PTFE , accounting for an estimated 59.6% share in 2021, which is also likely to record the fastest 2021-2026...

Global Polymer Emulsions Market to Reach $47 billion by 2027 Market Report by Industry Experts, Inc.

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Industry Experts, Inc. introduced the market research report on Polymer Emulsions. The new global report entitled " Global Polymer Emulsions Market – Polymer Types, Applications and End-Use Sectors " reveal that the Building & Construction sector consumed about 40% of polymer emulsions globally while automotive sector accounts for about 21% in 2021. Asia-Pacific is the largest market for polymer emulsions accounting for about 42% in 2021 Europe and North America follows with 23% and 21% respectively in the same year. The Polymer Emulsion sector had to face adverse consequences, since the major areas where these products are used either curtailed or completely shut down business activities. Textiles and General Industrial end-use areas for Polymer Emulsions had to face the brunt of major downtrends, with the Building & Construction and Automotive industries also posting a decline in demand between 2019 and 2020, which spilled slightly over to 2021 too. However, the ye...

World Sleeping Aids Demand to Reach US$122 B by 2027 | Market Research Report 2022-2027 by Industry Experts, Inc.

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Industry Experts, Inc. released the market research report on Sleeping Aids. The report entitled " Sleeping Aids – A Global Market Overview " reveals that the sleep disorder Insomnia will lead the global Sleeping Aids market with a projected CAGR of almost 9% between the period 2022 and 2027. While North America is the largest market for Sleeping Aids, Asia-Pacific is expected to grow faster with over 9% CAGR during the aforementioned period. The COVID-19 pandemic that struck the world towards end-2019 and beginning-2020 left a telling adverse impact on several sectors, though the Sleeping Aids market was able to maintain some semblance of equanimity. One of the most critical outcomes of the pandemic was the widespread announcement of lockdowns across the globe, due to which people were compelled to work from home and several individuals also lost their jobs, as companies resorted to cost-cutting measures to maintain some level of profitability in business. These factors hav...

Declining by 2.6% in 2020 Amid the COVID Impact, Global Pyrometers Market Projected to Reach US$871 million by 2027

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Industry Experts, Inc. unveiled the market research report on Pyrometers. The report entitled " Pyrometers – A Global Market Overview " reveals that the Asia-Pacific is estimated the largest market in 2021 with US$228.9 million, forecast to be US$240.1 million in 2022, and the region is also expected to witness the fastest growth with a CAGR of 8.7% during the period 2021-2027. The market for Pyrometers that are widely used for sensing and monitoring extremely high temperatures remotely, also underwent a decline between 2019 and 2020 due to lack of demand. The primary sectors where these devices are used include the Ceramics, Glass and Metal Processing industries, which slowed or closed operations in several regions. Apart from Asia-Pacific, all the other major regions posted declines during the pandemic period, with recovery being possible only towards the middle of 2021 as the effect of the virus was able to be controlled with newly developed vaccines. Over the coming yea...

Asia-Pacific Ceramic Capacitors Market to Reach $33 Billion by 2026 | Market Research Report (2021-2026) by Industry Experts, Inc.

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Industry Experts, Inc. introduced a global market research report on Ceramic Capacitors. The new report entitled " Global Ceramic Capacitors Market – Products and Applications " focuses on the market for Ceramic Capacitor types/sub-types and the key application sectors. Asia-Pacific is the principal global market for Ceramic Capacitors, which is also likely to log a robust 2021-2026 CAGR of 11.2% in reaching a projected US$16.7 billion by 2026. Towards the end of 2019, the outbreak of the COVID-19 pandemic had an adverse impact on the global Ceramic Capacitors market, as was reflected in declining demand in 2020. This can be attributed to either a slowdown or a complete stoppage of activity in the various verticals where these products are used in millions, if not billions. Leaving Asia-Pacific aside (due to a positive Chinese market), all other major worldwide regions witnessed declines in demand for Ceramic Capacitors between 2019 and 2020. This scenario is likely to chang...