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Global demand for lacquers is likely to reach roughly 7 million tons in 2018, as applications in furniture, automotive, and architectural industries create sustained growth opportunities. The shift from solvent-based to water-based lacquers will become more palpable in the next decade, as a combination of environmental compliance and end-user consciousness induces changes in manufacturing and uptake. The long-term outlook on lacquer market remains bullish, with novel applications in cosmetics likely to complement demand, finds a new research study by Fact.MR.

Increasing proliferation of Internet of Things (IoT) coupled with growing digitization in the retail sector continue to influence the growth of the electronic shelf label market. Persistent growth in the retail sector has resulted in a meteoric expansion of retail outlets, particularly supermarkets and hypermarkets across key developed and emerging economies worldwide. Fact.MR foresees that the demand for electronic shelf label is projected to expand at a stellar pace with a CAGR of 21.5% in terms of value throughout the period of forecast, 2018-2026. Sales of electronic shelf label are estimated to cross US$ 1,700 Mn by end of 2026 on the back of surging growth in the retail sector worldwide, says the report.

Television scenario has been radically changing with customers shifting from traditional cable network or set top boxes toward standalone content providing devices such as smart TV sticks. The steady upward growth apropos to the demand for OTT (Over The Top) media services has significantly driven the adoption of smart TV sticks. Fact.MR envisages that the demand for smart TV sticks is projected to expand at a steady CAGR of 7.1% in terms of value throughout the period of assessment, 2018-2028.

Fact.MR delivers key insights on the India pipeline thermal insulation materials market in its latest report titled 'India Pipeline Thermal Insulation Materials Market: Forecast, Trend Analysis and Competition Tracking, 2018–2026.' The long-term outlook of the India pipeline thermal insulation materials market is expected to remain positive and the market is expected to expand with a CAGR of 7.9% during the forecast period (2018–2026), primarily driven by the positive economic outlook in the country. On the basis of material type, the rock mineral wool segment is expected to dominate the India pipeline thermal insulation materials market and account for nearly one-third of the overall revenue generation. Attributed to their superior properties, aerogel and microporous insulation are expected to be the fastest growing segments in the India pipeline thermal insulation materials market. The India pipeline thermal insulation materials market, in 2017, was pegged at 39,800 tons and is anticipated to reach 42,137 tons by the end of 2018.

In an era filled with beauty and salon advertisement, buying an actual salon chair could be a rare sight. However, this is far from the truth as the salon chair market can never truly be completely replaced by any other technology as the comfort of seating is a basic phenomenon.

Vinyl flooring plasticizers market continues to witness lucrative opportunities across countries owing to the rising demand of flooring industry across the globe. Moreover, increase in the demand of ecologically sound vinyl flooring products has influenced the adoption of non – phthalate plasticizers in the vinyl flooring market. This has encouraged manufacturers to adopt for new innovations in order to meet the rising demand of non–phthalate plasticizers.

Size of the outdoor power equipment market was evaluated at US$ 38.969.5Mn in 2017, according to a new Fact.MR study. Revival construction industry has played a vital role in accelerating the demand for the outdoor power equipment globally. Owing to high population densities, emerging economies like China and India are expected to show some of the highest growth rates in construction over the next decade. The study envisages the outdoor power equipment market to record a moderate 3.5% CAGR through 2028.

Demand for loading spout continues to witness an upswing, with a range of industry-specific and macroeconomic factors turning the tide in favor of loading spout manufacturers. Mitigation of negative impact of dust explosions has remained the main focus of several government organizations. OSHA (Occupational Safety and Health Administration) and NFPA (National Fire Protection Association) have mandated use of loading spout in grain handling industries, which is likely to create sustained prospects of growth for loading spout manufacturers. The overall outlook on loading spout market is expected to remain positive and key stakeholders can expect a steady stream of opportunities throughout the period of assessment.

The US$ 1.9 billion equestrian equipment market in 2018 is expected to ride on an optimistic growth trajectory in the coming decade, as per the new Fact.MR valuation. The study foresees 1.4x growth of the equestrian equipment market during the period of 2018 – 2028. While the market remains highly fragmented, delivery of high functionality and fashion in equestrian equipment remains the prime focus of prominent market players. Taking the advantage of an unorganized market, tier 2 players with the easy accessibility of raw materials are introducing new products and economic alternatives. With over 85% of the total market share in 2018, tier 3 players continue to strengthen their presence in the domestic equestrian equipment market.

The automotive gear market will retain its stability in the near future, with difference between worldwide volume sales in 2017 and 2018 estimated at over 130,000 thousand units, according to a new Fact.MR report. Prospects of the automotive gear market continue to remain promising that are influenced by a diverse spectrum of aspects, ranging from demand proliferation of automotive gear in mid-sized passenger cars to inclining preference toward induction heat treating as a lean & green technology for tooth-by-tooth gear hardening.