Stringent Vehicle Emission Regulation to Reflect Positively on Asia-Pacific Automotive Ceramics Market
Published: Sep 2020
Asia-Pacific automotive ceramics market is estimated to grow at a significant CAGR of 6.8% during the forecast period. Stringent vehicle emission regulation is one of the crucial factors driving the growth of the market. On June 28, 2018, the Ministry of Ecology and Environment (MEE) of the People’s Republic of China launched the final rule for the China VI emission standard for heavy-duty vehicles. This emission standard was implemented in two phases.
Emerging Demand for Electric Vehicles to offer an Opportunity for the Global Automotive Ceramics Market
Published: Sep 2020
The global automotive ceramics market is estimated to grow at a CAGR of nearly 5.5% during the forecast period. The emerging demand for electric vehicles is primarily contributing to the growth of the market. Increasing strict emission regulations is leading to an emerging adoption of electric vehicles that supports reducing fuel cost and lowers emission.
Increasing Population and Urbanization to Increase the Demand for Textile Across the Globe
Published: Sep 2020
The global textile is estimated to record a substantial CAGR during the forecast period (2020-2026). The textile sector is remarkably diverse with an abundance of material available across the globe. Increasing population, disposable income, and urbanization in countries including China, India, Brazil, and Mexico, among more have given rise to the growth rate of the overall textile industry.
Rising Industrial Application Stands as the Major Driver for Textile in North America
Published: Sep 2020
The North American textile market is estimated to display a moderate CAGR during the forecast period (2020-2026). The textile sector in the North America is considered among the largest market across the globe.
Strong Domestic Consumption Playing an Important Role in an ever-growing Indian Textile Industry
Published: Sep 2020
The Indian textile market is expected to exhibit a rapid CAGR during the forecast period (2020-2026). The driving factors for the Indian textile market include strong domestic consumption, strong export demand, rise in consumerism and higher disposable incomes, and entry of several foreign players including Guess, Next, and Marks & Spencer.
Rising Disposable Income and Changing Consumers’ Shopping Behaviour to Play an Active Role in the European Textile Market
Published: Sep 2020
European textile is estimated to record a healthy CAGR during the forecast period (2020-2026). Rising disposable income and changing consumers’ shopping behavior, rise in Demand for Organic Textiles and Fabrics, healthy international trades, and extensive research and innovation are some of the crucial factors contributing to the growth of the textile industry in the region.
Market Value to Increase at a Sluggish Growth as Low Labour Costs Advantage Fading
Published: Sep 2020
China textile is estimated to exhibit moderate CAGR during the forecast period (2020-2026). The China textile market had been booming the past decade, replacing Europe as the world’s largest textile manufacturer and exporter, currently providing one-third of the world with textiles and apparel (UNCTADstat, 2019).
The Outlook for Growth in Asia-Pacific Textile Market seems Bullish Led by Higher Economic Growth and Rise in Per Capita Income
Published: Sep 2020
The Asia-Pacific textile market is estimated to witness a significant CAGR during the forecast period (2020-2026). Higher economic growth and a rise in per capita income will lead to the growth in the textile market in Asia-Pacific.
Increasing Household Utilization of Rapeseed Oil Resulted in the Growth of the Market in the UK
Published: Sep 2020
The UK rapeseed oil is estimated to exhibit a sturdy CAGR during the forecast period (2020-2026). Increasing consumption of rapeseed oil in households owing to rising health-conscious population, increasing incorporation of rapeseed oil in the biofuel industry, and the increasing presence of market players in the country have resulted in increased overall consumption of rapeseed oil in the country.
Rising Industrial Application Stands as the Major Driver for Rapeseed Oil in North America
Published: Sep 2020
The North American rapeseed oil market is estimated to display a significant CAGR during the forecast period (2020-2026). Increasing The market population, rising industrial applications of rapeseed oil, and increasing incorporation of rapeseed oil by the food processors are some of the primary factors contributing substantially to the growth of the market in North America.