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In the automotive lighting market, the passenger cars segment is anticipated to grow at 6% CAGR from 2018 to 2024. A high demand for passenger cars across the globe is compelling the increasing consumption of lighting products. An increased focus on enhancing the vehicle aesthetics and looks by automobile companies demands advanced and high-quality lighting systems. The commercial vehicles in the market are witnessing steady growth due to the implementation of enhanced lighting products. These vehicles require highly efficient lighting components to offer a longer life and quick response in emergency situations. The demand for commercial vehicles is on the rise due to the growth in trade & transportation business and government infrastructure development projects.

In 2016 North America accounted for the highest market share in global jojoba oil market. High per capita income in North America, along with jojoba production concentrated in this region has attributed to the large market share of North America in jojoba oil market and it shall continue to do so in the forecast period.

Bleaching agents market for application in healthcare recorded a revenue more than USD 2.5 billion of the total industry size in 2017. Bleaching uses in health-care facilities include hyperchlorination of potable water to prevent cleaning of environmental surfaces, chlorination of water distribution systems used in hemodialysis centers, legionella colonization, disinfection of laundry, disinfection of equipment, decontaminate blood spills, decontamination of medical waste and dental therapy. According to the Agency for Healthcare Research and Quality, health care-associated infections are the most common complication among people receiving hospital care. The aforementioned situation can propel the use of hospital bleaches and disinfectants directly swelling the bleaching agent industry share in the near future.

The modular PLC market is witnessing a high growth owing to the rise in demand from its end users to execute complex processes. The manufacturing sector is witnessing a rise in demand for customized programmable devices for handling unique and complex process management that aids companies in designing the controller package for machines of various sizes. These devices offer companies solutions for process complexity, demanding industrial environment, and space limitations, fueling the modular PLC market demand.

North America manufacturing ERP market is expected to dominate in terms of revenue generation due to the increasing adoption of cloud solutions and high focus on the accumulation of customer data to aid in the decision-making process. The manufacturing ERP market in Asia Pacific is anticipated to have a high growth owing to the increasing number of entrants into automotive, pharmaceutical, garment, and consumer electronics manufacturing markets.

The recent production capability augmentation drive of CP Kelco has generated a rather considerable anticipation across commercial seaweed market. The US based hydrocolloid solutions manufacturer has apparently concluded its Kelcogel gellan gum production competency revamp at its Oklahoma plant. Apparently, these processed seaweeds in the form of hydrocolloids have found extensive applications across the swiftly expanding food industry. It would be prudent to mention that hydrocolloids are being increasingly utilized as food additives in dairy, meat & poultry processing, desserts & jelly, and canned fish.

Over the recent years, the aquafeed market has been vigorously strengthening its stance in the overall food, nutrition, and animal feed industry owing to the rising level of awareness among the global population regarding the health benefits of consuming seafood. According to medical experts, the occurrence of cardiovascular diseases lowers significantly due to regular consumption of seafood, especially fish. In consequence, a diverse set of populaces residing in different geographical regions across the globe have apparently been including seafood in their dietary habits, given that there has been an overwhelming upsurge in the incidences of lifestyle diseases such as obesity, diabetes, and other heart-associated ailments. Moreover, it would be prudent to mention that fish oil is extensively utilized in manufacturing numerous medicines – a factor that would further contribute toward augmenting the aquafeed market share over the forthcoming years. Bearing testimony to the aforementioned assertions is the recently compiled research report by Global Market Insights, Inc., which states that the global aquafeed industry size would surpass a total consumption volume of around 115 million tons by 2024.

The trend of maximizing nutritional credentials in foodstuffs has significantly driven nutritional lipids market share in the recent years. Of late, the tremendous usage of nutritional lipids across the growing geriatric and obese population base have set the stage for the massive growth of nutritional lipids industry. According to reports, nutritional deficiencies in human body can result into several health concerns including diabetes, cardiovascular, stroke, inflammation, and cancer – which is indeed rising at an exponential rate. In consequence, to meet the rising demand of nutrients in health food & supplements, several nutritional lipids market players are making substantial investments in product distribution and advancements. MilliporeSigma, for instance, has created quite a buzz in nutritional lipids industry by signing a distribution agreement with Avanti® Polar Lipids.

The profitability quotient of global broth market is forecast to escalate remarkably, primarily on the cusp of the paradigm shift observed in consumer food preference and health concerns. Increasing awareness regarding the health benefits of broth such as muscle protein synthesis, anti-aging properties, hydration, weight-loss, and improved immunity have further contributed to the growth prospects of broth market. In terms of commercialization potential, a report compiled by Global Market Insights, Inc., claims the global broth market size to have exceeded USD 2 billion in 2016 and further projects the industry to witness an annual growth rate of 4% over 2017-2024. Contemplating on the competitive aspect, experts deem the broth industry to witness a large participation of established as well as new entrants in tandem with the tried-and-tested growth strategies including M&As, JVs, and product & regional expansion.

vinyl ester market in Asia Pacific had the massive market share with estimated gains close to 7% CAGR by 2025. Emergence of South Korea and China as leading forces in shipbuilding sector will be a significant factor encouraging demand for vinyl ester in marine applications by 2025. North America is projected to have gains up to CAGR 6% during the forecast years. Growth aspects from regional oil & gas industry, construction sector and recreational boating culture will have strong potential for vinyl ester market by 2025.