The global contraceptive market is estimated to grow at 4.3% during 2015-2022 and is estimated to be $32.85 billion by 2022. Increasing prevalence of sexually transmitted diseases and growing need for population control. The global contraceptive market is majorly driven by various factors such as growing prevalence of sexually transmitted infections (STIs), such as HIV. The introduction of new products, exhibiting improved efficacy are expected to drive the contraceptive market over the forecast period.
The global contact lens technology market is expected to grow at the CAGR of 10.6% from 2015 to 2022. The major factors leading to the expansion of contact lens technology market is increasing prevalence rate of ophthalmic disorders. Continuous research and development is leading to the advent of advanced technologies such as usage of injection molding and laser cutting.
The Global Hydraulic Fracturing Market is expected to grow at the CAGR of 12% during 2015-2022 and it estimated to be $75 billion by 2022. The Global Hydraulic Fracturing Market is majorly driven by rise in shale exploration and production activities. Huge investment in Global Hydraulic Fracturing Market is expected to boost the market in next few years.
Some of the factors acting as the restraint for the market are continuous R&D and innovation in the field is leading to production of better and advanced products and this in turn is boosting the market. Because of rising number of Health conscious consumers especially in the North American and European demand of natural hydrocolloids is again increasing, Multi functionality of hydrocolloids leads to the wide application of hydrocolloids, another major reason for the growth of the market are emerging market in various geographic locations. The rising use of hydrocolloids in food applications is also increasing.
Metamaterials technology has many unique feature due to which it finds its application in wide number of fields. These are basically artificially engineered materials that has a number of advantages over its conventional counterparts as its properties are not normally found in nature.
Global Healthcare Analytics Market is expected to grow at the CAGR of XX% during 2015-2022 and it estimated to be $XX billion by 2022. The Global Healthcare Analytics Market is majorly driven by the technological advancement in healthcare domain. Reduction in healthcare cost and government support for research and development is driving the market. Global adoption of healthcare analytics has created huge scope in the market.
Global Food Traceability Market is expected to grow at the CAGR of XX% during 2015-2022 and it estimated to be $XX billion by 2022. The Global Food Traceability Market is majorly driven by the significant rise in consumer concern for food safety. Global food traceability enables to trace contamination and also assists product recall. Favorable legislative framework has created huge scope for Global Food Traceability Market.
Plastic Additive market is growing at a good pace, rising urbanization and disposable income is one of the major reason for the growth of the market, Plastics are finding its application in various sectors and is replacing many conventional materials and this is boosting the growth of the plastic additive industry.
The printed circuit board market worldwide is expected to grow with a CAGR of 4.0% during the forecast period from 2019 to 2027, starting from US$ 68.8 Bn in 2018. Printed circuit board market worldwide is witnessing steady growth since the past few years with growth in the consumer electronics market. Printed circuit boards are non-conductive and help to connect electric and electronic components without a wire.
Global Data Center Security Market is expected to grow at the CAGR of XX% during 2015-2022 and it estimated to be $XX billion by 2022. The Global Data Center Security Market is majorly driven by the adoption of cloud computing, virtualization and increasing attacks on data centers. Global rise in security concerns is also driving the market. Global adoption of data security products and services has created huge scope in the market.
Day-night working capability of thermal imaging camera makes it popular device in defense and military sector for performing security and surveillance applications. This is increasing the uptake of thermal imaging technology in this sector. Also, increasing spending by defense and military on modernization of armed forces is boosting growth of the thermal imaging market. Fall in price of thermal imaging cameras and broadening application area of thermal imaging technology is expected to fuel growth of the market. However, budgetary cuts by defense and military especially in developed countries is posing challenge to growth of the market.
Global Automotive Composite Marketis expected to grow at the CAGR of XX% during 2015-2022 and it estimated to be $XXbillion by 2022. The Global Automotive Composite Marketis majorly driven by the huge demand for fuel efficient vehicles.Global Automotive Composite Market enables to reduce weight and consolidate parts of the vehicles.
Over the forecasted period global food emulsifier market is expected to grow significantly as the food and beverages industry is expanding in developed and developing regions. Along with that the demand for packed food is increasing rapidly. Food emulsifier extensive use in bakery and confectionery products is the key factor for the market to grow globally.
The global video surveillance & VSAAS Market is expected to grow at the CAGR of XX% during 2015-2022 and it estimated to be $XX billion by 2022. The Global Video Surveillance & VSAAS Market is majorly driven by technological advancement and need for centralized data & application management.
The Global Handheld Imagery Market is expected to grow at the CAGR of 12.13% during 2015-2022 and it estimated to be US$ 3.60 billion by 2022. The Global Handheld Imagery Market is majorly driven by factors such as growing demand across the security industry, increasing demand across several applications of imagery, development and usage of amorphous silicon (a-Si) in manufacturing imaging solutions. However factors such as technical inability of scanners to see through water and glass are restricting factor for market.
The market growth of global industrial fasteners will be high over the forecasted period as the demand of fasteners in automotive industry is increasing. Also the growing construction industry and industrialization is increasing in developing countries such as China, India, Poland and Brazil will increase the demand of fasteners globally.
The significant growth in internet penetration across the globe and the rising number of smart phones are the major driving factors for the mobile payment industry. Also many technological developments like NFC technology for contactless payment, new chip card technology and many others are driving the market.
The Global Nitric Acid market is expected to reach at US $14.90 billion by 2022 at the CAGR of 10.11% during 2015-2022. The Global Nitric Acid market is growing due to factors such as the increasing demand for ammonium nitrate as a fertilizer in the agricultural industry, High demand for ammonium nitrate as a fertilizer in the past few years, in addition to increasing incidences of groundwater contamination as a result of excessive fertilizer use is expected to restrict growth prospects over the forecast period.
According to a recently published report, the global flow sensors market is expected to grow at the CAGR of 6% during 2015-2022 and it estimated to be $8.75 billion by 2022. Increasing in use of applications and technological advancement are the key driver for the flow sensor market over the forecasted period. To measure liquid and gas flow quality flow sensors are very useful.
The global synthetic paper market is expected to grow at a CAGR of 8% during 2015-2022 and is estimated to be approximately $XX billion at the end of the forecasted period i.e. by 2022. The global synthetic paper market is driven by many factors such as growing adoption in various label and non-label application.