Chemical Industry

  The  lightweight automotive body panels market  is estimated to reach USD 133.52 billion by 2025. The industry is expected to reach USD 212.52 billion by 2035, growing at a CAGR of 4.75% during the forecast period. This trend shows a growing proportion of the use of lightweight materials in automotive manufacturing, owing to carmakers wishing to observe regulatory standards as well as consumer expectations concerning the sustainable performance of their vehicles. The auto industry is in the midst of a transformation—one shaped as much by materials science as by software. At the heart of this shift are lightweight automotive body panels. These aren’t just exterior skins or aesthetic elements; they’re strategic components designed to improve efficiency, enhance safety, and enable electrification. In a mobility landscape defined by emissions targets, range anxiety, and structural innovation, lightweight body panels have become critical enablers—reshaping what vehicles ...

  The global  automotive wiring harness market  is projected to reach USD 67.4 billion in 2025 and expand to approximately USD 125.3 billion by 2035. A Compound Annual Growth Rate (CAGR) of 6.4% is anticipated between 2025 and 2035, spurred by the increasing integration of advanced vehicle electronics, the growing complexity of in-vehicle infotainment systems, and the global transition toward electric and hybrid powertrains. As vehicles continue to evolve into sophisticated electronic platforms, wiring harnesses have become central to enabling connectivity, control, and communication between automotive systems. Wiring harnesses are the nerve system of modern vehicles, responsible for efficiently transmitting signals and electrical power across various components. The rise of connected cars, autonomous driving technology, and stringent safety regulations has pushed OEMs to adopt advanced wiring systems with higher data transmission capabilities and thermal efficiency. Fu...

  The global  electric scooter market  has a good future, which is reflected in its expected growth from USD 38.4 billion in 2025 to USD 91.1 billion by 2035, with a CAGR of 9.1%. Fast development of technology like battery range, lightweight materials, and IoT connectivity together with government promotional schemes and urban mobility reforms have become the prime movers responsible for the upsurge of the market in different parts of the world. In the evolving landscape of urban transportation, convenience and sustainability are no longer competing priorities—they are co-pilots of progress. At the forefront of this transformation is a mode of mobility that’s quiet, compact, and increasingly intelligent: the electric scooter. Once seen as a novelty, electric scooters have grown into a practical, tech-enabled solution for daily commuters, last-mile delivery services, and environmentally conscious travelers. Their appeal isn’t just rooted in convenience—it’s built on e...

  The global  automotive intermediate shaft market  is estimated at USD 6.6 billion in 2025 and is projected to reach USD 8.8 billion by 2035, reflecting a compound annual growth rate (CAGR) of 2.8% during this period. This growth is being supported by steady vehicle production and sustained trends in electrification. As electric and hybrid vehicles become more widespread, the demand for robust intermediate shafts that can handle higher torque loads and maintain system stability under varying conditions is on the rise. Automotive intermediate shafts play a crucial role in transmitting torque from the steering column to the rack and pinion or in the driveline from the transmission to the wheels. With automotive systems becoming more compact, responsive, and performance-oriented, manufacturers are increasingly focused on optimizing intermediate shaft performance for noise reduction, durability, and torque control. This includes the development of lightweight materials, pr...

  The  Electric Bike (e-Bike) Market  is set to grow rapidly between 2025 and 2035, driven by rising environmental awareness, growing demand for sustainable urban mobility, and advancements in battery and motor technologies. As cities strive to reduce carbon emissions and traffic congestion, electric bikes have emerged as a viable, eco-friendly transportation alternative for commuters, recreational users, and last-mile delivery services. According to forecasts, the world market will increase from USD 54.7 billion in 2025 to USD 124.6 billion in 2035, with a CAGR of 8.5%. Thanks to the strong policy support, technological advancement, and shifting consumer attitudes, the e-Bikes have the potential to be at the forefront of the personal mobility revolution. As cities grow more congested and the climate crisis demands cleaner alternatives, the way we move is being redefined—quietly, efficiently, and on two wheels. At the heart of this mobility shift lies a game-changer t...