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Indian engineering plastics market is will grow at CAGR of over 13%

German specialty chemicals major Lanxess is one of the leading suppliers of high-tech plastics for the automotive and electronic industries.Read more

HVAC air filter market to grow at 7.09% CAGR by 2021

The analysts forecast, global HVAC air filter market to grow at a CAGR of 7.09% during the period 2017-2021. The latest trend gaining momentum in the market is growing awareness about indoor air quality.Read more

Industrialisation & automation fostering use of industrial robots

Surge in labour charges worldwide, which in turn has enforced manufacturers to replace human labour with machines, is one of the major demand drivers for industrial robots, says an Allied Market Research report.Read more

Test & measurement equipment: Raising the quality bar

With increasing usage of electronics (across industries) and stringent standards for quality, safety, and environmental, the demand for test and measurement (T&M) equipment is expected to rise in near future.Read more

SANY mini excavators shine in the Indian market

Since its entry into Indian market in 2002, SANY has made many achievements in the market. In 2016, SANY India's sales volume reached 1 billion yuan. In the first quarter of this year, its sales volume hit nearly 400 million yuan, a year-on-year growth of 90%.Read more

Investments in digital engineering to drive growth within ER&D market

Zinnov, a global management and strategy consulting firm, released its study on the global rankings of service providers in the ER&D segment for 2017, titled, 'Zinnov Zones 2017 - Product Engineering Services', an analysis of the Global Engineering R&D landscape, evolving customer preferences, and assessment of service providers in this space. According to the study, the total corporate engineering and R&D spend is pegged in excess of $ 1 trillion.Read more

High performance plastic market to reach $ 6,979 million in 2021

The global high performance plastics market in the transportation industry was estimated to be $ 5,182 million in 2016 and this is projected to reach $ 6,979 million by 2021, growing at a CAGR of 6.1% during 2016-2021 on account of supportive government policies and regulations, growing usage of high performance plastics by automotive and aviation industries and rising demand for plastics (with higher temperature stability, chemical resistance and better mechanical properties) worldwide.Read more

Fluid power market witnessing spur in demand

With demonetisation & GST effect waning and the spend on infrastructure increasing, the fluid power industry, especially the mobile hydraulics, is likely to witness remarkable expansion in the coming years.Read more

Aseptic packaging market is moving from monopoly to oligopoly

Uflex became the first Indian manufacturer to enter the aseptic liquid packaging technology space with the commissioning of its plant at Sanand, Gujarat. With this, the fully integrated flexible packaging materials and solution company is now gearing up for next phase of growth.Read more

Global facial recognition market expects rise

The global facial recognition market had been valued at $ 3.4 billion in the year 2016, which is expected to reach $ 8.93 billion by the end of 2022, growing at 19.6% CAGR.Read more

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