ReleaseWire Connect

The isobutylene market is projected to grow at a healthy CAGR of 5% in terms of value through the period of forecasting between 2020 and 2030. The growth of the market is majorly driven by perpetual demand for isobutylene in the production of methyl tert-butyl ether (MTBE) and ethyl tert-butyl ether (ETBE).

The advance wound care market is estimated to reach a US$ 15 billion valuation between the years of assessment from 2020 to 2030. The market is likely to be gain growth opportunities from the ongoing coronavirus pandemic.

The MEMS sensors market is estimated to rise at an exponential 18% CAGR between assessment years from 2020 to 2027. The ongoing coronavirus outbreak has restricted demand for MEMS sensors in the short-term.

The CRISPR and Cas genes market is projected to reflect stupendous growth with a 21.2% CAGR between the years 2020 and 2026. A Fact.MR study has found that that the coronavirus outbreak has generated key lucrative opportunities to participants in the market in the short term.

“The highly advanced automotive sector coupled with the rising number of old vehicles is catering to the global vehicle roadside assistance market growth. Passenger vehicle is set to prevail as a lucrative vehicle type, while auto-manufacturers are set to gain traction during the forecast period,” says a Fact.MR analyst.

North America trailer terminal tractor market continues to enjoy majority of the market share with a projected market value of more than US$ 300 Mn by the end of forecast period 2020- 2030, with countries like US and Canada leading from the front.

Asia Pacific remains one of the leading markets for adhesive manufacturers. The growth of the region is primarily due to the rise in the demand for adhesives in lightweight vehicles, growth of the construction sector, and the paper & packaging industry in the region.

Asia Pacific holds major shares in the market due to abundant availability of natural rubber and increasing construction of ports in the region.

Asia Pacific will continue recording high demand for textile chemicals, backed by the expansion of the apparel industry

The global conveyor sprockets market is likely to exhibit at a CAGR of 3.3% through the period of assessment 2020 to 2030. Industrial automation has egressed as a flourishing domain, providing automation machinery to various end-use sectors, comprising food & beverages, electronics, and automotive.