Rising awareness towards the impact of inorganic food on human health has shifted the trend of market from conventional food and beverages to developing organic food market. This factor is anticipated to be the key driver for the growth of organic food and beverages market. Moreover, supportive government regulations are also significantly contributing significantly towards the growth of organic food and beverages market.
The US green building material market is expected to grow at the CAGR of 11.5% during 2015-2022. The major factors driving the market are encoraging effect of green building on human health and inclination towards eco-friendly technologies. Government initiatives for green building constructions.
The global Ozone generation market is expected to grow at the CAGR of 7.4% during 2015-2022. The major factors driving the market are high demand of the technology for various applications such as for waste water treatment, air & gas, industrial, drinking water and others. The other factors that are influencing the growth of ozone generation technologies in the market are rising global health concern owing to rapid urbanization and increasing benefits from ozone technology.
The global wind energy market is expected to grow at the CAGR of 7.5% during 2015-2022. The major factors driving the market are rising demand of energy across the globe. Conventional sources of energy such as coal, petroleum products are non-renewable in nature and are depleating. Also the rising pollution level has led to a shift towards eco-friendly ways of energy production.
The global thermal interface materials market is expected to grow at the CAGR of 12% during 2015-2022. The major factors driving the market are high demand of the products in various end user industries such as automotive electronics, industrial machinery, telecom, medical devices consumer durables and others. Efficient heat transferring function of thermal interface materials has potential application in electronics industry. High investment in the automotive electronics market by various economies is boosting the automotive industry. Since it is one of the major end user of the thermal interface materials, it’s acting as booster for the thermal interface materials market.
The Radar System and Technology is expected to grow at the CAGR of 6.8% during 2015-2022. The major factors driving the radar system and technology market are introduction of 3D radar technology, increased use of UAVs and increasing use of radar system in military and defense. The increase in high defense budget in various countries and rise in demand for security issue and economic issue has increased the scope of radar systems in the global market.
The global fracking proppant market is expected to grow at the CAGR of 11.5% during 2015-2022. The major factors driving the market are growing hydraulic fracturing, growing demand of shale gas in North America and increasing demand for unconventional energy. Petroleum industry is the largest user of fracking proppants. Proppant sales are increasing due to increase in production of shale gas; countries are utilizing the energy for domestic purpose and export of excess gas.
The global electrical enclosures market is expected to grow at the CAGR of 6.9% during 2015-2022. Industrial automation is anticipated to grow at a faster pace, which is forecasted to fuel the electrical enclosure demand in the upcoming scenario. Government of U.S.A and U.K. has imposed various stringent regulations for the safety of end users which are fuelling the demand for electrical enclosures globally. Increasing investment in projects of renewable energy and growing demand from food and beverage industry is boosting the growth for the electrical enclosures market.
The global botanical and plant derived drug market is expected to grow at the CAGR of 6.8% during 2015-2022. Botanical and plant derived drug market has wide applications in medical field. Rising prevalence of chronic diseases has made a significant impact in the growth of botanical and plant derived drug market.
The global high performance ceramic coatings market is expected to grow at the CAGR of 7.7% during 2015-2022. The major factors driving the market are high demand of the products in various end user segment such as automotive, energy and aerospace segment. Increasing demand of ceramic coatings in the automotive and aviation industry for improved thermal protection for engines.
The global polymeric foams market is expected to grow at the CAGR of 8.2% during 2015-2022. The major factors driving the market are increasing demand from end user industries such as automotive & packaging and furniture & bedding in emerging economies are expected to boost the market during the forecasted period of the study. Growing infrastructure spending is anticipated to be the key factor in driving the global polymeric market.
The global medical plastics market is expected to grow significantly during the forecast period. The growing usage of prosthetics and the need for a longer shelf life medical devices are the main reasons for the growth in the industry. Plastics are extensive used in healthcare industry owing to attached advantages such as impermeable, non magnetic, sustainable, easily manufactured and durable.
Information technology is used to design, develop and maintain the information in healthcare industry. Information technology offers solutions for data management and security of healthcare information. Factors such as growing medical tourism, rise in aging population, rising prevalence of chronic diseases and growing demand for advance medications are driving the market of Healthcare IT.
Rising concerns over contamination of water and land resources due to industrial sludge effluent is anticipated to fuel the market over the forecasted period. The major factors driving the membrane bioreactors market are scarcity of fresh water and stringent environment regulations. Growing concern about quality and purity of drinking water is acting as booster for the Membrane bioreactor market.
The global near field communication market is expected to grow at a CAGR of 17.3%. The major factors driving the near field communication are increasing use of smartphone applications globally. This is due to the rise in the tech savvy population who are more inclined towards technology based services as compared to the conventional ones.
The global biorefinery Technology market is expected to grow at a CAGR of 13.1%. An increase in the demand of eco-friendly products is witnessed in recent times and this inclination towards the environment friendly product is acting as a major driver for the biorefinery Technology industry. Government of various regions are stressing on sustainable development and imposing stringent regulations against the over usage of fossil fuel and other non-renewable sources of energy.
Solid oxides fuel cell act as an alternative solution to the non-renewable energy sources. Fossil fuels are the biggest source of energy in present scenario but being a non-renewable source of energy their lies a threat of depletion of these resources and this in turn is acting a major driver for the solid oxide fuel cell market.
The Global Agrochemicals industry is seeing new opportunities in terms of development and technological innovations with modern agricultural practices. Agrochemicals are useful to control the amount of nutrients that should be made available to the plants according to their needs. The global agrochemicals industry has transformed dramatically over the past century as farmers across the world started purchasing agrochemicals to grow crops for gaining more agricultural output.
The technical and advanced structural ceramic material has certain unique properties such as ability to perform better than the alternatives in harsh physical conditions, and this is leading to the rise of the products demand in various end user segments. Other factors acting as the driver for the market are application in wide number of end user segments such as healthcare, automotive etc.
Smart glass is electronically switchable glass that is also known as switchable glass, privacy glass, electric glass, and intelligent glass. These are technically advanced type of glass which are coming to mainstream product line from being niche product.