Category Archives: Automotive Press Release
Global Automotive Lubricants Market: Snapshot
Thanks to the increasing trend of owning a vehicle among consumers, the demand for automotive lubricants has been witnessing a significant rise across the world. The growing awareness level regarding the benefits of automotive lubricants, such as improved operations and enhanced average age of vehicles, is also having a positive impact on their sales. Researchers anticipate the scenario to remain more or less same over the next few years.
According to Transparency Market Research (TMR), the global market for automotive lubricants offered an opportunity worth US$55.4 bn in 2015. Progressing at a CAGR of 4.10% during the period from 2016 to 2024, the market is expected to reach US$78.9 bn by 2024.
Automotive alloy material Market includes aluminum alloy, magnesium alloy, and others. With the focus on reducing the car weight and limiting the amount of exhaust emissions, automakers are being forced to manufacture lighter and environmental friendlier, cheaper and safer cars. Since the amount of carbon-dioxide emitted is proportional to the size of the car and the amount of fuel consumption, reduction of weight becomes a critical criteria. Use of proper alloys by the automaker can achieve these desired outcomes. To meet the challenges, automakers are using light weight alloys most commonly aluminum and magnesium alloys. Aluminum alloys are mostly used in engine blocks, body panels, and suspension components, while magnesium alloys are used in valve covers, transmission boxes, and steering column components among others. Aluminum alloy was first used by Mazda in Japan for vehicle body parts. Since then, aluminum alloys have been widely used for sports cars, sedans, luxury cars. Similarly, Renault used aluminum alloys for manufacturing its hoods. Though aluminum alloys are widely in use, magnesium is increasingly becoming relevant as an automotive alloy material market. Its favorable ratio to strength density and the ease with which it can be worked into complex thin-walled components with the help of pressure die-casting are some of the features which makes them more beneficial to use compared to aluminum. Volkswagen is one of the first companies to use magnesium alloys in its Beetle car model.
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Gravure Printing Inks Market: Innovative Packaging Approaches to Bode Well for Revenue Generation, TMR
Transparency Market Research (TMR) states that the global gravure printing inks market is fairly consolidated. “The market is led by top six players, who reportedly held a share of about 75% in the market in 2015,” states the lead author of this research report. However, these players, Flint Group, Sun Chemical Group, Sakata INX, Toyo Ink Mfg. Co. Ltd., Huber Group, and Siegwerk Druckfarben AG & Co. KGaA, are expected to grow at a sluggish rate in the coming years as the industries are being challenged by the radical changes in technology, consumer behavior, and economic developments.
Global Market Study on Golf Carts: Hotels/Resorts End User Segment Anticipated to Create High Value Opportunity Through 2024
Albany, New York, April 28, 2017: Market Research Reports Search Engine (MRRSE) has recently added a new report to the ever-expanding online collection of market intelligence on the global industry verticals regarding the India Market Study on Golf Carts. Persistence Market Research analyzes the India golf cart market in a new publication titled “Golf Cart Market: India Industry Analysis and Forecast, 2016–2024”. This study provides data for 2015 along with a forecast for the period (2016–2024). The main objective of the report is to identify dynamics in the market and provide recent updates and insights affecting various segments of the India golf cart market. To provide better understanding of the market, the report also includes an analysis of drivers, restraints, and trends in all five regions, namely Asia Pacific, North America, Europe, Latin America and the Middle East & Africa which influence the current market scenario and future status of the India golf cart market over the forecast period.
Asia Pacific, China Presents Current Chief Consumer for Industrial DeNOx systems and services By 2024
Fossil fuel combustion done for various applications including waste incineration, power generation and industrial furnaces, boilers or kilns leads to emission of harmful NOx gases. At regional and country level there are certain legislations on the emission of such harmful gases in order to curb air pollution. According to these legislations, emission limits have been set for various industries and utilities. This has made the installation and use of a DeNOx service and system mandatory for many industries.
Defoamers Market: High Technical Experience and Expertise Helps Large Players Remain at Forefront, TMR
The global defoamers market is a highly fragmented arena. Some of the leading companies operating in the market are Dow Corning Corporation, Ashland Inc., Kemira Oyj, Bluestar Silicones, and Air Products and Chemicals Inc. Transparency Market Research (TMR) observes that the majority of these players in the market are large chemical companies with dedicated manufacturing technologies along with experience and expertise.
The high technical acumen of these players along with large capital requirement to venture into this market is creating a high entry barrier for new players. “However, a large number of end users is making the global defoamers market highly lucrative for new players,” says TMR’s lead analyst. The global defoamers market was valued at US$3.00 bn in 2016 and is expected to rise to US$4.10 bn by 2023, progressing at a CAGR of 4.5% from 2015 to 2023.
The global Industrial Laser Market has been on a steady growth path in the 21st century. Industrial lasers are used throughout the industry in a number of applications. This can include material processing as well as other applications. Material processing consists of cutting, drilling, welding – all of which require high-powered industrial lasers. The adoption of industrial lasers is increasing by the day as they can be easily automated to control both robots and computers. The global industrial laser market has also proved invaluable in the field of fiber optics as these lasers can access locations that were previously impossible to.