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The global thermal spray coatings market is expected to showcase an exponential growth by reaching USD 17,631.2 million by 2027. This is attributable to the growing aerospace industry and the increasing demand for weight reduction in aircraft to improve performance and fuel efficiency that propels the demand for innovative thermal spray coatings across the globe. the market stood at USD 10,235.2 million in 2019 and is projected to exhibit a CAGR of 7.8% between 2020 and 2027. Source: https://www.fortunebusinessinsights.com/thermal-spray-coatings-market-102388

The global permanent magnet market size is expected to reach $34.70 billion by 2026 owing to the rising need for energy and the use of strong magnets for power generation. Permanent magnets are used in various kinds of loudspeakers, and other home appliances, and are available in variety such as ferrite magnets, alloy magnets, bonded magnets, and others. the market value stood at $17.85 billion in 2018 and will exhibit a CAGR of 8.7% in the forecast duration set between 2019 to 2026. Source: https://www.fortunebusinessinsights.com/permanent-magnet-market-102776

The Europe glass packaging market is likely to rise prominently in the coming years on account of the increasing use of glass bottles for packaging food and beverage products. Glass packaging is considered safe for consumers and has been used for food and beverage products for a long time. states that the value of this market was USD 19.24 billion in 2019 and will rise at a CAGR of 4.38% to reach USD 22.01 billion by the end of 2027. Source: https://www.fortunebusinessinsights.com/europe-glass-packaging-market-103472

The global flame retardant market is expected to rise at a CAGR of 5.9% to reach USD 11,175.9 million by the end of 2027 on account of the increasing fire safety regulations adopted by various end-user industries worldwide. They are chemicals added to flammable materials such as plastic, coatings, textiles, and others to prevent fire incidents. the market value was USD 7,091.2 million in the year 2019 and is expected to rise remarkably in the forecast period set between 2020 to 2027. Source: https://www.fortunebusinessinsights.com/flame-retardants-market-102909

The Europe glass packaging market is likely to rise prominently in the coming years on account of the increasing use of glass bottles for packaging food and beverage products. Glass packaging is considered safe for consumers and has been used for food and beverage products for a long time. states that the value of this market was USD 19.24 billion in 2019 and will rise at a CAGR of 4.38% to reach USD 22.01 billion by the end of 2027. Source: https://www.fortunebusinessinsights.com/europe-glass-packaging-market-103472

The global Wood Plastic Composite market is likely to gain impetus from their increasing application in kitchen accessories, home furniture, vehicle interiors, and car speakers. They are considered to be the highest growing plastic additives at present. The report further mentions that the Wood Plastic Composite market size was USD 4.77 billion in 2019 and is projected to reach USD 9.03 billion by 2027, exhibiting a CAGR of 8.57% during the forecast period. Source: - https://www.fortunebusinessinsights.com/wood-plastic-composite-market-102821

The global wax market growth is set to gain impetus from their increasing usage in a wide range of applications, such as plastic & rubber additives, candle manufacturing, cosmetics, adhesives, polishes, and coatings. Wax also provides protection to packaged goods from moisture. This information is given by Fortune Business Insights™ in a recent report, The report further mentions that the wax market was valued at USD 7,288.9 million in 2019 and is expected to reach USD 9,249.2 million by 2027, thereby exhibiting a CAGR of 3.1% during the forecast period. source: https://www.fortunebusinessinsights.com/wax-market-102783

The global textile chemicals market size is projected to reach USD 26.40 billion by the end of 2027. The increasing applications of the product across diverse industry verticals will emerge in favor of the growth of the market. According to a report published by Fortune Business Insights, the market was worth USD 20.85 billion in 2019 and will exhibit a CAGR of 3.2% during the forecast period, 2020-2027. Source: https://www.fortunebusinessinsights.com/textile-chemicals-market-103284 The recent coronavirus outbreak has created a sense of panic across the world.