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Future Market Insights delivers key insights on the global graphite market in an updated version of the report and provides historical market size and volume analysis for the years 2012-2016 and forecast up to 2027. Considering the impact of macro-economic factors, relatively lack-lustre growth in certain key graphite consuming countries, and steel production, among others, the graphite market was valued at US$ 15,763 Mn in 2016, as against a market value of US$ 16,128 Mn estimated in the previous version of the report.

Global sales of textile floorings is estimated to reach US$ 109.7 Bn by 2016 end, witnessing a y-o-y growth of 4.8% over 2015. Carpets segment is expected to continue to account for major share in the textile floorings in 2016, to account for 90.7 %, up from 90.5 % in 2015.

Global demand for magnesium hydroxide will grow by 4.6% in 2016 to reach 943,304 metric tonnes. China – the largest producer, consumer, and exporter of magnesium hydroxide – will maintain its numero uno position as the market leader, with total revenues expected to reach US$ 143.4 Mn, up from US$ 133 Mn in 2015. Environmental uses, including wastewater treatment and flue gas desulphurisation – will continue to spur demand in 2016, representing 47.1% share of total revenues.

Rising number of restaurants, hotels, and fast-food joints will remain a primary driver to the global foodservice equipment market. Up from US$ 27.69 Bn attained in 2015, the market for FSE is likely to reach US$ 28.91 Bn by 2016 end. Developing regions are expected to raise significant demand for foodservice equipment. Asia Pacific will remain the most lucrative market for foodservice equipment.

The extensive use of arc welding and oxy-fuel welding processes in the manufacturing of automobiles and machinery has generated considerable demand for flux and filler metals as welding consumables. As a result, the global market for welding consumables is expected to witness significant growth in 2017, reaching a market value of US$ 14,091.9 Mn at a y-o-y growth rate of 5.3% over 2016. Furthermore, the global demand for welding consumables will also be influenced by the rising trend of automating welding processes in the automobile and construction industries.

Power tools continue to witness steady demand in Benelux, with 10 million units expected to be shipped in 2016, up from 9.8 million units in 2015 - a y-o-y growth rate of 2.5%. The Benelux power tools market was valued at US$ 826.4 million in 2015, and is expected to reach US$ 859.1 million in 2016. Industrial power tools will continue to outsell household power tools, and account for 57.6% revenue share of the market in 2016.

Different types of transmission technologies find deployment in the global automotive TCU market such as manual transmission (MT) and automated manual transmission (AMT). In manual transmission, a driver has 100% control over gear shifting, whereas AMT involves clutch-pedal free manual transmission. The shift from manual cars and a move towards hassle free driving has resulted in an upward growth shift in the global automotive TCU market.

Global demand for magnesium metal will reach 1,085 KT in 2016, representing market value worth US$ 3.13 Bn. Steady automotive sales in the US and Western Europe, combined with a rapidly growing Asia Pacific automotive market will continue to drive demand for magnesium, as manufacturers increase their emphasis on fuel efficiency and emission control. Magnesium's applications in making automotive wheels, transmission cases, and engine blocks will continue to fuel demand in 2016 and beyond.

The global market for automotive microcontrollers has been projected to exhibit a staggering 13.7% CAGR during 2017 to 2022, according to a latest research by Future Market Insights (FMI). The global automotive microcontrollers market is estimated to surpass US$ 1,500 Mn in revenues by 2022-end.

Growing need to ensure compliance to the product quality and safety has led to an upsurge in demand for environment inspection, testing, and certification services. In addition, rising instances of counterfeiting and piracy activities is projected to impact the global market growth of environment testing, inspection, and certification positively. FMI states that the global market environment testing, inspection, and certification is projected to reflect a healthy CAGR over the forecast period, 2017-2026.