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According to a new market report published by Lucintel, the future of the global phenolic resin market is attractive with opportunities in the wood adhesive, molding compound, laminate, insulation, paper impregnation, and coating applications. The global phenolic resin market is expected to reach an estimated $15.0 billion by 2022 and it is forecast to grow at a CAGR of 5.0% from 2017 to 2022. The major drivers for growth in this market are increasing use of materials with fire retardant, heat resistant, and anti-corrosive properties in end use applications.

According to a new market report published by Lucintel, the future of thermoplastic composites in the European consumer goods market looks promising with opportunities in circuit breakers, power tools, appliances, and furniture. Thermoplastic composites in the European consumer goods market are expected to reach an estimated $1.2 billion by 2022 and are forecast to grow at a CAGR of 2.0% from 2017 to 2022. The major drivers for the growth of this market are growing demand for consumer goods and performance benefits of reinforced thermoplastics over traditional materials; these benefits include weight savings, recyclability, and resistance to moisture and chemicals.

According to a new market report published by Lucintel, the future of the global aerospace lightning strike protection market looks promising with opportunities in the commercial, regional, and military aircraft markets. The global aerospace lightning strike protection market is expected to grow with a CAGR of 10.7% from 2017 to 2022. The major growth drivers for this market are increasing penetration of composites in aircraft programs, proliferating aircraft deliveries, and aviation regulations and certification standards regarding the use of Lightning Strike Protection (LSP) in aircraft.

According to a new market report published by Lucintel, the future of the stretchable and conformal electronics market looks attractive with opportunities in the consumer electronics, healthcare, automotive, aerospace and defense, and textiles industries. The global stretchable and conformal electronics market is expected to reach an estimated $478.9 million by 2025 and is forecast to grow at a CAGR of 89% from 2017 to 2025. The major growth drivers for this market are increasing usage of stretchable and conformal electronics products in the healthcare, consumer electronics, and textiles markets.

According to a new market report published by Lucintel, the future of the global masterbatch market is attractive with opportunities in various end use industries, including packaging, building and construction, consumer goods, transportation, electrical and electronics, and textiles industries. The global masterbatch market is expected to reach an estimated $10.9 billion by 2022 and it is forecast to grow at a CAGR of 4.2% from 2017 to 2022. The major driver for growth of this market is increasing demand for plastic as substitutes for various materials like metal, concrete, and steel in various end use industries.

According to a new market report published by Lucintel, the future of the global cardiovascular device market looks good with opportunities in public and private hospitals. The global cardiovascular device market is expected to reach an estimated $69.3 billion by 2022, and it is forecast to grow at a CAGR of 4.3% from 2017 to 2022. The major drivers for market growth are growing demand for minimally invasive surgery, increasing healthcare expenditure, and growing geriatric population.

According to a new market report published by Lucintel, the future of the global digital fitness market looks promising with opportunities in smart wearable fitness devices and smart wearable sports devices. The global digital fitness market is expected to reach an estimated $27.4 billion by 2022 and is forecast to grow at a CAGR of 32.6% from 2017 to 2022. The major drivers for the growth of this market are increasing awareness on fitness, rising demand of user-friendly and self-monitoring devices.

According to a new market report published by Lucintel, the future of the metal detector market looks attractive with opportunities in the government, commercial, consumer, food & beverage, pharmaceutical, and textile industries. The global metal detector market is expected to reach an estimated $1.6 billion by 2022 and is forecast to grow at a CAGR of 5.1% from 2017 to 2022. The major growth drivers for this market are rapidly increasing terrorism activities, expansion in infrastructure, and increasing stringency in government compliances in various sectors to maintain high level of security and safety.

According to a new market report published by Lucintel, the future of the global composites market looks attractive, with opportunities in the transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronic, aerospace and others. The global composite materials market is expected to reach an estimated $38.5 billion by 2022 and it is forecast to grow at a CAGR of 4.9% from 2017 to 2022. The global composites end product market is expected to reach an estimated $109.4 billion by 2022. The major drivers for growth in this market are increasing demand for lightweight materials in the aerospace & defense and automotive industry; corrosion and chemical resistance materials demand in construction and pipe & tank industry; electrical resistivity and low flame retardant materials demand in E&E industry.

According to a new market report published by Lucintel, the future of the global silane market is attractive with opportunities in end use application segments, including paints and coatings, rubber and plastics, adhesives and sealants, fiber treatment, and others. The global silane market is expected to reach an estimated $1.8 billion by 2022 and it is forecast to grow at a CAGR of 3.9% from 2017 to 2022. The major drivers for growth in this market are increasing demand for green tires, composite materials, and growing demand for water based coating formulations.