Truck & Bus Radial (TBR) Tire Market: Overview
The global truck & bus radial (TBR) tire market is anticipated to expand at a CAGR of ~
6%, primarily driven by the rise in miles driven by trucks worldwide
Drivers of Truck & Bus Radial (TBR) Tire Market
Steady rise in the production of medium-duty trucks, globally, has boosted the demand for TBR tires. Logistics and road transportation sectors have witnessed rapid expansion in Asia Pacific, which has fueled the demand for TBR tires in the region. Steady economic expansion post 2008 financial crisis propelled the demand for trucks in developed and developing countries.
Favorable trade agreements and entry of commercial vehicle manufacturers in Latin America and Asia Pacific have driven the demand for TBR tires
Power Bank Market is expected to reach a value of US$ 15,994 6 Mn by 2027 – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
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According to a new market report on the ammunition market, published by Transparency Market Research, the global ammunition market is expected to reach US$ 16,468.2 Mn by 2026, expanding at a CAGR of 3.5% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at a CAGR of 5.0% through 2026.
Growth in global sales of weapons is driving the global ammunition market
The demand for ammunition is directly dependent on the rise in security concerns, growing weapon sales, and increasing modernization programs. The increased defense expenditure is likely to boost the demand for ammunition which is needed for various weapons and other military systems, thereby driving the growth of the ammunition market.
2018 and is anticipated to expand at a CAGR of ~
4% during the forecast period. In terms of product type, the maximum middle distillates segment accounted for a major share of the FCC catalyst market in Asia and the Middle East in
2018. Growth of the segment can be ascribed to the increase in chemical refineries in Asia and the Middle East. In terms of application, the vacuum gas oil segment dominated the FCC catalyst market in Asia and the Middle East in
2018. The implementation of environmental norms for sulfur emission is anticipated to propel the vacuum gas oil segment during the forecast period. In terms of region, Asia dominated FCC catalyst market in
tmrFebruary 5, 2021
Growing Demand for Minimally Invasive Dental Procedures to Boost Market Growth
Traditional glass ionomer cement gained mainstream recognition across the dental sector in the 1970s and since then, the demand for glass ionomer cement has witnessed consistent growth. Glass ionomer is primarily used as a cement in the field of dentistry, owing to its biocompatible nature. Over the past decade, considerable efforts have been made by glass ionomer cement manufacturers to improve the mechanical properties of traditional glass ionomer– a trend that is expected to continue during the forecast period. Resin-modified glass ionomers have gained considerable attention, along with hydrophilic monomers– another factor that is likely to provide considerable boost to the global & Asia Pacific glass ionomer cement market.