The pursuit of energy efficiency and the reduction of CO2 and NOx emissions has led to a greater use of advanced manufacturing processes in a variety of end-user industries, resulting in improved efficiency and less waste. A rise in demand for some types of valves is one of the consequences of this trend.

The rising demand for electric vehicles is expected to consumes tons of lithium. Electric vehicles, which represented 2.6% of worldwide vehicle deals and about 1% of worldwide vehicle stock in 2019, enrolled a 40% year-on-year increment.

Rising preference for personalised medicine in developed as well as developing economies coupled with increasing investment by biotechnological and pharmaceutical companies for drug discovery is expected to increase NGS market concentration over the forecast period.

The rising frequency of bacterial and viral diseases coupled with increased focus on immunisation programmes are two main reasons that are expected to boost the global anti-infective vaccines market’s growth in the coming years.