The Global Refinery Catalysts Market is projected to reach USD 6.72 billion by 2028, growing at a CAGR of 4.1% during the forecast period. Refinery catalysts due to their properties are commonly used in petroleum refineries to change the chemical reaction rate. In addition, the quality of the gasoline products generated by FCC and hydro-processing is also enhanced. Refinery catalysts are known to minimize the adverse effects of gasoline and diesel on the environment.

Key Developments…

The Global Fuel Additives Market is projected to reach USD 8.84 billion by 2028, growing at a CAGR of 4.1% during the forecast period. Fuel additives are compounds that have been developed to improve the quality and effectiveness of fuel used in motor vehicles. They improve the octane rating of fuel or behave as inhibitors of corrosion or lubricants, thus enabling the use of higher compression ratios to boost effectiveness and energy.

Key Developments in the Fuel Additives…

The Global Aluminum Oxide Market is expected to reach USD 57.97 billion by 2028, growing at a CAGR of 4.1% during the forecast period. The increasing demand from the pharmaceutical and industrial manufacturing sector and growth in the manufacturing of porous ceramics is expected to drive this market during the forecast period.

Aluminum Oxide Market - Key Developments:

o In 2014, INEOS Enterprises completed the acquisition of Sasol Solvents Germany GmbH assets and the associated…

The Global Water Treatment Chemicals Market is projected to reach USD 55.61 billion by 2028, growing at a CAGR of 5.8% during the forecast period. The high demand for water treatment chemicals in the power generation sector & handsome increase in demand in the chemical manufacturing industry is expected to steer the water treatment chemicals market during the forecast period.

Key Developments in the Water Treatment Chemicals Market:

• On 2nd May 2017, Chembond Chemicals…

The Global Concrete Admixtures Market is projected to reach USD 26.06 billion by 2028, at a CAGR of 6.8% during the forecast period. According to the World Bank, the urban population grew from 3.204 billion in 2005 to 4.127 billion in 2017, which is expected to drive the demand for mass housing and infrastructure projects.

Regional Analysis: North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World.

Key Developments:

• In May 2016, BASF…

The Global Steering Torque Sensors Market is projected to reach USD 11.00 billion by 2028, at a CAGR of 6.2% during the forecast period.

The development of electronic power steering (EPS) has driven manufacturers and developers to devise better ways to replace hydraulic parts of more traditional power steering setups. Hoses, belts, and pumps are being replaced by digital sensors and motors in EPS systems.

 For instance, according to the International Organization of Motor Vehicle…

An automated truck is also known as a self-driving truck and robotic truck. The self-driving system uses infrared radars, LIDAR (laser radar), cameras, sophisticated motion sensors, incredibly accurate sensors, and complex algorithms among others that allow the truck to drive itself.

For instance, In April 2019, a rule proposed by the state’s Department of Motor Vehicles was announced by the government of California, which will allow the testing of self-driving trucks on the public…

The Automotive Regenerative Braking System Market report points out national and global business prospects and competitive conditions for automotive regenerative braking system. Market size estimation and forecasts were given based on a detailed research methodology tailored to the conditions of the demand for automotive regenerative braking system. Major regions covered in the study include North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Market…

The Automotive Regenerative Braking System Market report points out national and global business prospects and competitive conditions for automotive regenerative braking system. Market size estimation and forecasts were given based on a detailed research methodology tailored to the conditions of the demand for automotive regenerative braking system. Major regions covered in the study include North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Market…

The Global Spark and Glow Plug Market are projected to reach USD 8.56 billion by 2028, at a CAGR of 8.2% during the forecast period. Spark plugs and glow plugs are used in ignition systems of gasoline engines and diesel engines, respectively. Spark plugs transmit electric current from the ignition system to the combustion chamber to ignite the fuel-air mixture using an electric spark.

Key Factors Impacting Market Growth:

• Growing automobile industry

• Technological…

The Global Automotive Driving Simulator Market is projected to reach USD 4.04 billion by 2028, at a CAGR of 7.9% during the forecast period. Automotive driving simulators create close to real life driving conditions for purposes such as training, testing, and entertainment. In training and testing, they can be used to train and test both novice and professional drivers, testing in critical driving conditions, testing effects of the impairment on drivers, etc.

Key Developments:

• On…

The Global Automotive Seating Market is projected to reach USD 69.47 billion by 2028, at a CAGR of 2.3% during the forecast period. The seat covers are most commonly made from Nylon because it is durable and affordable. Leather is the most expensive material used for car seats, but as it offers elegance, aesthetics, and value, they are increasingly being used in high-end cars. Most manufacturers are trying to incorporate features like safety, intelligence, personalization, lightweight, green…

The Global Aircraft Engine Blades Market is projected to reach USD 35.33 billion by 2028, growing at a CAGR of 4.2% during the forecast period.

The aircraft engine blades market is expected to grow during the forecast period due to increasing aircraft production on account of improving air passenger travel along with the rapid production of low-cost carriers.

Key Factors Impacting the Growth of Aircraft Engine Blades Market:

• Increasing air passenger traffic.

•…

The Automotive Suspension Market is projected to reach USD 75.85 billion by 2028 at a CAGR of 4.1% during the forecast period. Increasing focus on vehicle stability at high speed is one of the key factors driving the technological development and market growth of the automotive suspension market. A suspension system is one of the most important systems of an automobile. It is a flexible system that connects the wheels to the mainframe and enables relative motion between the two. This system…

The Global Aircraft Engine Market is projected to reach USD 140.17 Billion by 2028, growing at a CAGR of 6.2% during a forecast period. Aircraft engines are primary propulsion devices that produce the necessary thrust to generate lift for the aircraft to fly. These engines were synonymous in design to reciprocating engines used in automobiles but in the present world, a shift from reciprocating engines to jet engines has been observed. Turbofan engines are the most common type of jet engines…