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The aviation lubricants market is poised to demonstrate a steady Compound Annual Growth Rate (CAGR) of 5% from 2022 to 2032, propelled by various factors. Sales reached US$ 859.8 million by the end of 2021, primarily fueled by their extensive use in large commercial jets, especially as passenger air travel resumed. By 2022, market projections indicate a rise to US$ 902.79 million. Over the forecast period, the dominance of semi-synthetic and synthetic oils is expected to persist, culminating in a market value of US$ 900 million by 2032. Surging Air Traffic Boosts Aviation Lubricants Sales The increasing demand for air…

India’s semiconductor manufacturing industry plays a pivotal role in driving growth in the machining sector, forming a symbiotic relationship crucial for precision manufacturing. Machining processes are integral to creating the intricate structures of semiconductor chips, which are the foundation of modern technology. This interdependence highlights how advancements in one sector often spur growth opportunities in the other. In recent years, the demand for semiconductors has surged due to the rapid expansion of technology and widespread adoption of smart devices. However, this increased demand has strained the semiconductor supply chain, causing disruptions that impact various industries, including machining. Shortages and delays…

In the dynamic landscape of Aerospace and Defense (A&D), the year 2023 heralded a remarkable resurgence amidst unprecedented challenges. As the world began to emerge from the shadows of the pandemic, signs of recovery and renewed vigor began to shape the trajectory of the A&D sector, setting the stage for a year of growth and innovation. Backed by growing infrastructure and government backing, India’s Aerospace and Defence (A&D) sector is on the brink of substantial expansion, projected to reach an estimated $70 billion by 2030. This upward trajectory is propelled by a remarkable upswing in airline activities and passenger volumes,…