GreatMarketInsights

The Global Food and Beverage Temperature Sensor Market size accounted for $6.2 billion in 2020 and is anticipated to witness significant market growth with CAGR of 12% during forecast period 2021 to 2026. Sensors for measuring the temperature of a material or a medium for a specified set of requirements make up temperature sensors systems. Sensors such as this play an important role in a variety of applications, including maintaining a specific temperature range for equipment used to store process and raw food, clean other equipment, and manufacture hot liquids. Increasing demand for industrial automation products, growth of process automation industry and the increasing usage in wireless communication are the key growth factors for temperature sensors. Moreover, new technical advances in the Food and Beverage Industry are significant growth factors for the Food and Beverage Temperature Sensor Market. The growing popularity of thermistor temperature sensor in the beverage vertical owi...

The Software defined Storage Market is forecast to reach $40.7 billion by 2026, advancing at CAGR of 25.7% during 2021-2026. The rapid growth of unstructured data volumes along with capabilities like ease of management and increased security act as major drivers boosting the growth of software defined storage market. Adoption of Software define Storage (SDS) solutions help in optimizing data management and storage costs with improved flexibility and scalability compared to traditional storage, gaining its wide popularity among various end-use markets. The paradigm shift from traditional storage array towards modern storage system will be assisting its market growth in the long run. Software defined Storage can also be implemented via appliances over traditional storage area network. Rise of cloud infrastructures, hyper scale data centers, technological advances are set to propel the need for SDS solutions during the forecast period. Report Coverage The report: “Software defined Storag...

Bismaleimide Monomer market size is forecast to reach $131.2 million by 2026, after growing at a CAGR of 4.8% during 2021-2026. Bismaleimide Polymers are high-performance thermosetting polymers. Certain characteristics like its exceptional dimensional stability and high-temperature performance are driving its demand growth in the market especially in the Aerospace and Electrical & Electronic Industry. The most dominant monomers are M-Phenylene bismaleimide and 4,4'-bismaleimidodiphenylmethane which comes in the form of yellow crystalline powder that improves the heat resistance, reduces heat, improves adhesion of the rubber and tire cord, and vulcanized rubber modulus. Asia-Pacific is an industrial hub across the globe for numerous industries including electrical and electronics, aerospace, and automotive with China being a foremost emphasis. The aircraft parts and assembly manufacturing sector in the country is emerging at a rapid pace, with the presence of over 200 small air...

Wood Based Panel market size is forecast to reach US$224.8 billion by 2026, after growing at a CAGR of 6.5% during 2021-2026. The Wood Based Panel products are flat, sometimes curved, sheets made from wood-based materials that are bonded together with synthetic adhesives such as urea-formaldehyde adhesives, and phenol-formaldehyde resins. Low product cost coupled with superior properties including strength and durability is the key factor driving the demand for wood-based panels for ceiling, cladding, roofing, flooring and furniture applications. The market is witnessing an increase in demand, due to the construction industry's growth, where the product finds extensive applications. The latest trends, such as lightweight wood products and furniture and innovations in the surfacing technology to apply coating materials, are expected to drive the Wood Based Panel market substantially during the forecast period. COVID-19 Impact The outbreak of Coronavirus disease (COVID-19) has acted...

Liquid Silicone Rubber market size is forecast to reach US$3.7 billion by 2026, after growing at a CAGR of 8.1% during 2021-2026. Liquid Silicone Rubber is a thermoset elastomer that has both, organic and inorganic characteristics. Injection Molding process is used to produce durable and pliable parts of Liquid Silicone Rubber in high volumes. Liquid Silicone Rubber being a thermosetting polymer has excellent properties- stability under extreme temperatures, flame retardancy, radiation resistance, chemical resistance, high insulation resistance, durability, high dielectric strength and good mechanical properties. These unique characteristics make Liquid Silicone Rubber highly valuable and versatile. Therefore, it has a broad spectrum of applications in various industries. Some of the prominent trends that the market is seeing are raising demand for greater safety and security. The Medical industry is witnessing a huge demand for disposable medical and healthcare devices. Liquid Silico...

Polymeric and inorganic fibers market size is forecast to reach US$127.6 billion by 2026, after growing at a CAGR of 7.1% during 2021-2026. Inorganic fibers are gaining importance in end-use industries. These fibers are manufactured from the material available in the earth's crust such as glass, metal, carbon, and ceramics among others. Inorganic fibers are fibers made from inorganic materials such as amorphous fiber, wollastonite, and monocrystalline fiber. Inorganic fibers have more resistance, more rigid, higher melting point, and heat resistant compared to traditional fibers. The growing demand from various end-use industries including, automotive, aerospace, marine, textile, medical, and electronics & electrical among others are driving the market growth during the forecast period 2021-2026. The growing demand from the automotive industry along with the rising need for lightweight components in automotive production is propelling the market growth. The growing commercial ...

The market for Chilled Beam System Market is forecast to reach $317 Million by 2026, growing at a CAGR of 7.9% from 2021 to 2026. The chilled beam system market is estimated to witness substantial growth over the forecast period primarily due to increasing need for energy savings along with benefits offered by chilled ceilings, beam systems such as thermal comfort, improved air quality that is expected to drive the chilled beam system market during the forecast period. Chilled beam system is a type of convection HVAC system designed to heat and cool large buildings. The benefits of chilled beam systems increase in occupant comfort over traditional systems, energy efficiency and space adaptability. Today, chilled beams are one of the most common HVAC systems installed in Europe and from the last decade the technology has begun to catch in various regions especially North America, gaining more popular technology. Report Coverage The report: “Chilled Beam System Market– Forecast (2021-20...