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  The global permanent magnet market size is expected to reach USD 34.70 billion by 2026 attributed to their increasing use in the hybrid electric vehicle production. A permanent magnet is an object that possesses magnetic properties even in the absence of a magnetic field. They have two magnetic ends called the north pole and south pole respectively. They are used in different types of motors such as loudspeakers, various appliances, HVAC, and others. A recently published report by Fortune Business Insights titled, “ Permanent Magnet Market Size, Share & Industry Analysis, By Type (Neodymium Iron Boron (NdFeB), Ferrite, Samarium Cobalt (SmCo), Aluminum Nickel Cobalt (Alnico), and Others), By Application (Consumer Electronics, Automotive, General Industrial, Medical Devices, Energy, and Others), and Regional Forecast, 2019-2026 ,” offers a comprehensive overview of the market. According to this report, the permanent magnet market size value stood at USD 17.85 Billion in 201...

  The global automotive lubricants market size is expected to reach USD 79.91 billion by 2026, exhibiting a CAGR of 1.58% during the forecast period. The growing adoption and popularity of synthetic lubricants in the automotive sector will have a positive impact on the automotive lubricants market growth during the forecast period. The growing innovation in lubricants has improved the overall of quality, which has led to extended oil drain and service intervals, better fuel efficiency, and more extended protection period. This factor will spur demand for lubricants, which in turn, will enable speedy growth of the market. In addition, the increasing awareness regarding the benefits of synthetic lubricants among consumers will aid the automotive lubricants market revenue in the foreseeable future.   According to the published report by Fortune Business Insights, titled “ Automotive Lubricants Market Size, Share & Industry Analysis, By Oil Type (Synthetic, Semi-synthetic,...

  The water and wastewater treatment market size is projected to reach USD 456.68 billion by 2026. The increasing demand for water treatment facilities across the world will have a positive impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “ Water & Wastewater Treatment Market Size, Share & Industry Analysis, By Segment (Chemicals {pH Conditioners, Coagulants & Flocculants, Disinfectants & Biocidal Products, Scale & Corrosion Inhibitors, Antifoam Chemicals, Other Chemicals}, Equipment {Biological, Filtration, Sludge Treatment, Disinfection, and Other Equipment}, Services), By Application, and Regional Forecast, 2019-2026 ,” The water and wastewater treatment market size was worth USD 265.30 billion in 2018 and will exhibit a CAGR of 7.1% during the forecast period, 2019-2026. Water and wastewater treatment is carried out before being used for commercial and domestic purposes. The gro...

  The global composites market size is projected to reach USD 112.0 billion by 2027, exhibiting a CAGR of 6.88% during the forecast period. Increasing utilization of composite materials in 3D printing applications will broaden the horizons of this market, observes Fortune Business Insights™ in its report, titled “ Composites Market Size, Share and Global Trend By Matrix (Polymer matrix, Ceramic matrix and Metal matrix), by Polymer matrix (Fiber {Glass, Carbon, Aramid} and Resin {Thermoset and Thermoplastics }) and by Application (Automotive & Transportation, Building & Construction, Electrical & Electronics goods, Pipes & tank manufacturing, Consumer goods, Wind power, Maritime, Defense & aviation and Others) and Regional    Forecast, 2020-2027 ”. 3D printing technology holds an enormous potential for the manufacturing sector, allowing producers to efficiently create parts, machineries, and equipment at relatively low costs. Most of the 3D printers av...