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Cresol market bear high demands in the production of antioxidants such as butylated hydroxytoluene

Specialty chemicals market will surpass USD 1,200 billion by 2024 according to this new research report.

Marine Propulsion Engine Market for Diesel propulsion engine sector will grow at CAGR estimation of around 4% and was around USD 6 billion in 2015 owing to technological developments such as break mean effective pressure, firing pressures, turbo-charging efficiency and fuel injection technology. Increase in electric transmission installations will boost the use of fuel cell.

Precision Gearbox Market for Robotics applications are expected to grow at 6.5% CAGR from 2016 to 2024. This growth is attributed to the increasing demand in designing prosthetic limbs and joints for balancing of robots and for achieving precise movements in industrial applications. Furthermore, the automated material handling segment is expected to witness a steady growth owing to increasing installations of these at manufacturing plants in order to fastened the overall production process. Growing demand for automation will further lead to new opportunities.

Asia Pacific HB LED market is forecast to be the most attractive region and is likely to be valued at USD over 11 billion by 2023.

Europe boiler market share is anticipated to witness a robust growth on account of stringent government norms to reduce GHG emissions across residential & commercial establishments

The U.S. dominated the social CRM market and is projected to continue the same over the forecast time span.

Based on revenue, automotive and transportation sector shows a considerable growth in the end-user segment of electronic ceramics market with a CAGR of more than 4% from 2018 to 2025.The product is used in parking sensors, airbag sensors, actuators and in the fuel injectors of the diesel engines as replacement of conventionally used solenoid valve devices. Growing population along with improving standard of living will result in the growth of the automobile sector, thus driving product demand in coming years.

Increasing consumer awareness regarding nutritional benefits offered by enzymes has resulted in increased product demand, thus driving the food enzymes market penetration. The strong application outlook for the food & beverage industry for product quality enhancement along with high acceptance from the bakery and confectionery applications to bread quality standardization and flour reduction level will escalate demand. Food enzymes Market size will surpass USD 3.6 billion by 2024; according to a new research report by Global Market Insights, Inc.

Rising consumer awareness pertaining to healthy lifestyle maintenance and growing lactose intolerance cases globally will fuel the demand for vegetarian nutritious products. Increasing plant-based food products adoption for reducing the risk of obesity and diabetes will proliferate wheat protein market size. Wheat protein Market size is estimated to exceed USD 2.7 billion by 2024; according to a new research report by Global Market Insights, Inc.