Smart Plantation Management Systems Market is likely to witness an impressive CAGR of 5.7% during the forecast period. The increase in the adoption of various methods such as plantation intelligence and data mining by farmers and the reduced wastage of resources and manpower are the major factors driving the growth of the market during the forecast period.
Automotive Bearings Market was expected to reach an estimated value of US$ 18.31 billion during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
Retro-Reflective Materials Market is likely to witness an impressive CAGR of 18.2% during the forecast period. The major factors bolstering the demand for retro-reflective materials are mainly the expanding construction industry in emerging economies and stringent government regulations, concerning workers and vehicle safety, which are the key driving factors for the retro-reflective materials market during the forecast period.
Ferroalloys Market was expected to grow at a CAGR of 5.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
It was estimated prior to this unanticipated outbreak that the Yoga Wear Market is projected to grow from USD 32.6 billion in 2020 to USD 45.5 billion by 2026 at a CAGR of over 5.8% during the forecast period.
It was estimated prior to this unanticipated outbreak that the Infrared Detector Market is likely to witness an excellent CAGR of 6.3% during the forecast period. Gaining popularity of technology and rapid adoption of infrared detectors in various industries is likely to propel excellent growth in the market over the next five years.
Decorative Concrete Market is likely to witness an impressive CAGR of 6.5% during the forecast period. The major factors such as rising demand for green buildings, renovative activities, increase in consumers’ interest for interior decoration, and rapidly increasing urbanization are fueling the growth of the decorative concrete market at a large scale, during the forecast period.
Recycled Carbon Fiber Market is likely to witness an impressive CAGR of 11.5% during the forecast period. The growing demand for recycled carbon fiber is mainly due to imposition of stringent government regulations globally, need for high-performance materials, and cost-effectiveness of recycled carbon fiber.
Scratch-Resistant Glass Market is likely to witness an impressive CAGR of 9.5% during the forecast period. Increasing penetration of scratch-resistant glass in smartphones & tablets and other electronic appliances is the major factor driving the market.
Water Soluble Fertilizers Market was expected to grow at a CAGR of 7.1% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.