The automotive thermostat market is expected to grow at a CAGR of 3.9% during the forecast period of 2022 to 2030. The thermostat was first used in cars to speed up engine warm-up and reduce cylinder-ring wear. Thermostats assist decrease hazardous emissions and increase engine combustion efficiency. So, the engine’s ECU controls the thermostat to manage engine temperature according to load. Rapid ...

The lead acid battery market reached $16.5 billion in 2020 and is predicted to expand at a CAGR of 4.5% during the forecast period of 2022 to 2030. The market for SLI (start lighting and ignition) batteries is predicted to grow due to rising demand from OEMs, replacement markets, and electric vehicles. These batteries are suggested for use in SLI systems. The ...

The global regenerative medicine market is expected to reach $40 billion growing at a CAGR of 18% during the forecast period 2022 to 2030. Organ and tissue death due to disease or organ damage drives the development of novel drugs that can regenerate tissues and reduce the need for transplants. Regenerative medicine uses engineering and biological science to regenerate damaged organs and ...

The global automobile interior material market is expected to grow at a CAGR of 7% during the forecast period 2022 and 2030. The Asia Pacific and the Middle East have the most developed automobile interior markets. This growth is due to better economic conditions and urbanisation across the Middle East, Africa, Asia, and the Pacific. The desire for new technologies and customization, ...

The automotive heat shields market reached $11.8 billion in 2020 and is expected to expand by 3.5% from 2022 to 2030. Electric vehicles, lightweight and fuel-efficient passenger cars, and commercial vehicles will drive market growth. The heat shield helps maintain thermal comfort within the automobile, protects delicate vehicle components from heat, and dissipates excess vehicle heat. The gadget also boosts engine power ...

The global cresols market is expected to cross $500 million in 2030 growing at a CAGR of 3.8% during the forecast period 2022 to 2030. Cresol derivatives are used in vitamin E and electronic encapsulation manufacture. Demand for laptops, tablets, mobile phones, and display devices is expected to boost the electronics industry during the forecast period. Sanitizers are widely used because of ...

The global controlled release fertiliser market is expected to grow at a CAGR of 6.5% during the forecast period of 2022 to 2030. A number of reasons are predicted to boost the controlled release fertiliser industry in the coming years. These main reasons include the expansion in global population, application rates in developing nations, and demand for high-value crops. According to the ...

The market for load monitoring systems is expected to grow at a CAGR of 4.3% during the forecast period of 2022 to 2030. Over the past few years, there has been a rise in the use of precision manufactured technologies for operational load monitoring applications across a variety of business sectors. Both the aerospace industry and the healthcare business make extensive use ...

The global automotive die casting lubricants market is expected to grow at a CAGR of 4.3% during the forecast period 2022 to 2030. Growing demand for ecologically friendly automotive die casting lubricants and a rise in R&D initiatives remain as the key growth drivers. Increasing economic improvements and client purchasing power generate increased auto demand. Rising gas prices are pushing individuals to ...

The automotive catalytic converter market reached about US $13.5 billion in 2021 and is anticipated to grow at a CAGR of 7.5% during the forecast period of 2022 to 2030.  It is anticipated that the automobile sector will experience significant expansion in the not-too-distant future as a result of increasing hefty investments in research and development made by car manufacturers as well ...