ReleaseWire Connect

According to a new market report published by Lucintel, the future of adhesives in the Mexican automotive industry looks attractive with opportunities in the passenger car and light commercial vehicle segments. Adhesives in the Mexican automotive industry are expected to reach an estimated $712.5 million by 2021 and are forecast to grow at a CAGR of 13.5% by value from 2016 to 2021. The major drivers of growth for this market are growth in the production of light commercial vehicles and passenger car and increase demand for lightweight materials.

According to a new market report published by Lucintel, the future of the global gas turbine market looks promising with opportunities in 1-60 MW, 61-180 MW, and more than 180 MW sized gas turbine. The global gas turbine market for power generation is expected to reach an estimated $13.2 billion by 2021 and is forecast to grow at a CAGR of 3.3% from 2016 to 2021. The major drivers for the growth of this market are increasing focus on relatively cleaner energy sources and growing investment in gas-fired power generation due to its lower cost of generating electricity.

According to a new market report published by Lucintel, the future of adhesives in the Japanese automotive industry looks good with opportunities in the passenger car and light commercial vehicles. Adhesives in the Japanese automotive industry are expected to reach an estimated $683 million by 2021 and are forecast to grow at a CAGR of 3.4% by value from 2016 to 2021. The major drivers of growth for this market are growth in the production of passenger car and light commercial vehicles, and increase in the demand for lightweight materials.

According to a new market report published by Lucintel, the future in the global pesticide industry looks good with opportunities in insecticides, fungicides and herbicides market. The global pesticide industry is expected to reach an estimated $81.1 billion by 2021 with a CAGR of 4.4% by value from 2016 to 2021. The major drivers of growth for this market are increasing population, limited availability of arable land, and increasing awareness of using pesticides.

According to a new market report published by Lucintel, the future of the global electronics adhesive market looks good with opportunities in the printed circuit board and semiconductor packaging. Adhesive in the global electronics industry is expected to reach an estimated $3.8 billion by 2021 with a CAGR of 4% from 2016 to 2021. The major growth drivers for this market are the growth in the production of printed circuit board, semiconductors, and miniaturization of electronic devices.

According to a new market report published by Lucintel, the future of adhesives in the US automotive industry looks attractive with opportunities in the passenger car and light commercial vehicles. Adhesives in the US automotive industry are expected to reach an estimated $17.3 billion by 2021 with a CAGR of 8.3% by value from 2016 to 2021. The major growth drivers for this market are growth in the production of light commercial vehicles and passenger car and increase in the demand for lightweight materials.

According to a new market report published by Lucintel, the future of the building thermal insulation market looks good with opportunities in the residential and non-residential segments. The global building thermal insulation market is expected to reach an estimated $31.8 billion by 2021 with a CAGR of 4.6% from 2016 to 2021. The major drivers of growth for this market are stringent government regulations on the reduction of greenhouse gas emission and to increase energy efficiency.

According to a new market report published by Lucintel, the future of the global automotive radiator market looks good with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle. The global automotive radiator market is expected to reach an estimated $12.8 billion by 2021 with a CAGR of 5.0% by value from 2016 to 2021. The major driver of growth for this market is increase in the production of passenger car and light commercial vehicles.

According to a new market report published by Lucintel, the future of the global steam turbine market looks good with opportunities in coal-fired, gas-fired, and nuclear energy based power generation. The global steam turbine market for power generation is expected to reach an estimated $18.5 billion by 2021 at a CAGR of 2.3% during the forecast period from 2016 to 2021. The major drivers for the growth of this market are growing global electricity demand and relatively lower cost of electricity generation by steam turbine.

According to a new market report published by Lucintel, the future of the medical device market looks good with opportunities in the general medical devices, cardiovascular, and surgical & infection control segments. The global medical device market is expected to reach an estimated $342.9 billion by 2021 with a CAGR of 4.6% from 2016 to 2021. The major drivers of growth for this market are the growth in healthcare expenditure, increasing health awareness, and ageing population.