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Reportlinker.com announces the release of the report Global In-Mold Coatings Industry. In the changed post COVID-19 business landscape, the global market for In-Mold Coatings estimated at US$196.9 Million in the year 2020, is projected to reach a revised size of US$273.8 Million by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027. Sheet Molding Compounds, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$120.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Thermoplastics segment is readjusted to a revised 4.3% CAGR for the next 7-year period.

Perfluoroelastomer (FFKM) for Semiconductors is expected to grow from an anticipated USD 206.7 million in 2021 to a revised size of USD 206.7 million by 2028, expanding at a CAGR of 4.9% throughout the study period due to the COVID-19 pandemic. Perfluoroelastomer (FFKM) for Semiconductors, which accounted for (%) of the global market in 2021, is expected to value USD million by 2028, rising at a revised (%) CAGR in the post-COVID-19 era, taking into account the full impact of this health crisis on the economy. In contrast, the CAGR for the by Type category has been adjusted downward from (%) to (%) for the duration of the forecast horizon.

Growing preference towards enhancing appearance using minimally invasive cosmetic procedures has increased the usage of compounds such as silicone. Silicone can be converted into various topical forms. It can be applied on the skin as a gel or ointment and as gel sheeting. Medical-grade silicone is comfortable and soft to use. These polymers are also biocompatible, and their inertness makes them safer for use in long-term implants, thus increasing product acceptance.

Growing number of on-road vehicles with rise in demand for passenger cars, increase in material advancements by manufacturers, and rising number of manufacturing facilities, distributors, and suppliers in countries such as China, India, and the U.S. are driving demand for automotive and off-road vehicle hoses. Increasing demand for two wheelers and three wheelers in countries such as China and India is also accelerating market growth.

The tire pressure monitoring system market is expected to grow at a CAGR of 10.3% to reach a value of US$ 7.7 Bn by 2032 according to Future Market Insights.