The lubricants market is affected by the following key drivers and trends, according to the Valvoline, a global motor and vehicle care company. First, global market demand for transportation lubricants is shifting toward higher-performance finished lubricants, driven largely by advances in vehicle and engine design, as well as
The size of the global robotics technology market was valued at $ 62.75 billion in 2019, and is forecast to reach $ 189.36 billion by 2027, the company BOTS, Inc. noted. With this, this market would grow at a compound annual rate of 13.5% from 2020 to 2027.
Climate change and environmental degradation pose urgent and increasingly serious challenges for Latin America and the Caribbean, highlighted the World Bank. In line with its new Climate Change Action Plan, the World Bank says it is helping countries achieve improved reconstruction while still protecting the poorest people, who
An analysis released by ECLAC highlighted the added value in exports of products from the United States within the framework of the Agreement between Mexico, the United States and Canada (USMCA). To begin with, Mexico is the country in the region with the lowest share of domestic value
Greater per capita availability of fresh citrus in the United States may suggest increased purchases during the pandemic, the USDA noted. What does the data say? The total availability of fresh citrus fruits (oranges, lemons, limes, grapefruits and mandarins), which is an indicator of consumption, reached a record
The Australian government indicated that global demand for steel is expected to grow 5.8% in 2021, reflecting the ongoing recovery of most major economies after the Covid-19 lows. More moderate growth is also likely in 2022 and 2023. Overall, the outlook for Australia‘s mineral exports continues to improve