Increasing stealth coating demand in the aerospace & defense industry, vehicles, military weapons, and submarines and the growing demand for UV protective coatings in the automotive industry will boost the overall industry growth.

Technological advancements in the healthcare sector, increasing adoption of targeted drug delivery, and the rising demand for antimicrobial food packaging should boost the market growth, says this report.

The growing demand for aromatic solvents in the paints & coatings and automotive industries will boost the aromatic solvents market during the forecast period, says the report.

The alpha-lipoic acid market is highly fragmented with the presence of large and small players, and low initial investment or set up costs to manufacture the product will further increase the threat of new entrants in the industry in the coming years

The continuous upsurge in vehicle parc will induce a significant growth potential in the lactate salts industry landscape.