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blueweave01 · 4 years ago

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United States Lumber Wood Fencing Market Assumed to Grow with a Significant CAGR of 6.5% by 2027

The growth of the United States lumber wood fencing market growth can be attributed to increased spending on the construction of buildings across the country. As the Construction Association points out, the industry contributes a great deal to the US economy…

A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the United States lumber wood fencing market was worth USD 1,551.0 Million in 2020. According to the study, the market is projected to grow at a CAGR of 6.5% during the forecast period (2021-2027) to reach the valuation of USD 2,391.4 Million by 2027. The rise of the United States lumber wood market can be ascribed to increased spending on building construction in the country. According to the Construction Association, construction is a major contributor to the US economy. The industry employs more than 7 million people and generates $1.4 trillion in revenue. Demand for wood fences in the lumber market is driven by the demand for security and area delineation to protect properties and improve their aesthetic appeal.

Increased Tourism in Rural Areas is Becoming Lucrative Opportunity for Players

According to the U.S. Travel Association, the pandemic and lockdown caused USD 386 billion of cumulative losses. The demand for hotels in rural areas has spiked up as rural and outdoor destinations make it easier for people to distance themselves and enjoy their vacations socially. The latest survey by Destination Analyst revealed that almost 40% of respondents prefer visiting small towns and rural locations. The growing popularity of camping and the decision of firms to pursue remote work are also projected to provide major growth prospects for the wooden wood fencing industry. Some companies, including Adobe, Facebook, LinkedIn, and others, are switching to long-term work from home plans to give employees more flexibility. Rural tourism is likely to increase as a result. As a result, it increases the demand for lumber wood fencing since hotels, inns, or camping sites would be looking for ways to increase their revenue.

The Residential Segment Dominated the United States Lumber Wood Fencing Market

The United States lumber wood fencing market has been segmented into residential, agricultural, and industrial, based on the application. The residential segment dominated the market in 2020, and this trend is expected to continue over the forecast period. The housing sector uses lumber wood fencing to protect their property from animal attacks and enhance their aesthetic appearance. The expanding real estate industry, increasing construction projects, and the growing desire for home décor and privacy and security drive this segment. Additionally, stronger economic conditions in the US and people's desire to own a home have sparked the residential real estate sector's growth. Furthermore, rising safety concerns and increasing construction have propelled the growth of the residential sector.

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Impact of COVID-19 on the United States Lumber Wood Fencing Market

Because of the nationwide lockdown imposed by the US government to prevent the spread of the deadly Coronavirus, the construction industry has seen a decline in market demand. In addition to a labor shortage, a rise in raw materials prices also added to the woes of the industry. Nevertheless, during the lockdown, people began to work on refinishing and DIY projects, resulting in a slight increase in the lumber and wood fencing markets.

During 2020, the country experienced a lumber shortage, which caused lumber prices to soar. In 2020, lumber prices reached a record high of USD 1,688 per thousand boards, up 406% from USD 333 in 2019. Thus, residential housing prices also increased by USD 36,000 as a result of this phenomenon.

Competitive Landscape

Prominent players in the United States lumber wood fencing market are National fence System, Superior Fence and Rail, Northern Fence, Hercules Fence, Smith Fence, Way Side Fence, Penn Fencing, Fence Master Houston, Armor Fence, Florida Fense, and other prominent players. The market players are consistently focusing on developing new raw materials to improve the durability of fences, which can significantly increase profits. Moreover, increasing real estate development and housing development in the United States have created a lucrative opportunity for key players to diversify their product portfolios. The lumber wood fencing market in the United States is expected to be quite competitive. Various market players are focusing on developing and adopting new raw materials to improve the durability of fences, which can significantly help the company's profitability. Additionally, the rising real estate development and increasing housing developers in the United States have created a lucrative opportunity for the key players to diversify their product portfolios.

In May 2021, American Fence Corporation announced the opening of its eleventh new operation in Madison, Wisconsin. This operation center offers four fencing services in Madison, Wisconsin: commercial contracting, residential contracting, material sales, and gate access controls. With the largest inventory in the Midwest.

Don’t miss the business opportunity of the United States lumber wood fencing market. Consult our analysts to gain crucial insights and facilitate your business growth.

The report's in-depth analysis provides information about growth potential, upcoming trends, and the United States lumber wood fencing market statistics. It also highlights the factors driving forecasts of total market size. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market. The report promises to provide recent technology trends in the United States lumber wood fencing market, along with industry insights, to help decision-makers make sound strategic decisions.

About Us

BlueWeave Consulting provides all-inclusive Market Intelligence (MI) Solutions to businesses regarding various products and services online & offline. We offer comprehensive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality inputs and nourishing long-lasting relationships with its clients. We are a promising digital MI solutions company providing agile assistance to make your business endeavors successful.

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blueweave01 · 4 years ago

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Global Green Hydrogen Market to Register Strong Double-Digit Growth—Projected to Grow at a CAGR of 57.7% by 2027

Global green hydrogen market is anticipated to grow due to the increasing use of green hydrogen for production of fertilizers and ammonia in chemical industry. Other factors driving the growth of the global green hydrogen market are the development of electrolysis technologies, and strong demand from Fuel Cell Electric Vehicles and the power sector.

A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that global green hydrogen market is estimated to be worth USD 445.1 million in 2021 and is further projected to reach USD 6,836.0 million by 2027, at a CAGR of 57.7% during the forecast period (2021-2027). Various government initiatives to reduce carbon emissions and to reach the goal of zero carbon emissions support the growth of the green hydrogen market. Hydrogen derived from green plants is viewed as one of the most promising energy sources, which is why it's being used to meet global needs for increased energy across the globe. In light of the factors listed above, the need for green hydrogen is increasing, causing the green hydrogen market to grow.

Rising Government Strategies for Improving Hydrogen Infrastructure Favoring Market Growth

European Hydrogen Backbone is an initiative of the European Union aiming to improve the dedicated hydrogen transport infrastructure in Europe. The group estimates a hydrogen network of 39,700km by 2040, with even greater growth anticipated after 2040. There are 21 countries in this grid. The European hydrogen backbone initiative has been joined by two European transmission system operators from 11 European countries. This initiative for upgrading infrastructure estimated a total investment of approx. USD 45 billion. The hydrogen infrastructure maps available today reflect the perspectives of 23 gas transmission system operators (TSOs) on how infrastructure will evolve to achieve decarburization goals. These strategies have contributed to the rapid growth of the green hydrogen market.

Increasing Investment for Setting Up New Production Plants Driving the Market Forward

Increased investment in the development of green hydrogen and achieving net-zero net carbon emissions are two of the primary factors driving the green hydrogen market. For instance, a memorandum of understanding (MoU) has been signed between Mauritania and Chariot's UK oil and gas firm to develop a 10GW hydrogen project to advance the giant Nour wind/solar/H2 project. Chariot plans to use the lands to build 10GW of solar and wind capacity to power electrolyzers that produce green hydrogen. Thus, the rising investment for producing green hydrogen and increasing utilization of green hydrogen from the end-user industry has further propelled the growth of the green hydrogen market.

Solar Energy Segment to Cater Largest Growth in the Renewable Source Segment

Based on renewable sources, the green hydrogen market is segmented into wind energy, solar energy, and others. Solar energy is estimated to account for the largest share in 2021 in the global green hydrogen market. The solar energy sector is growing in importance, as solar power is a low-cost energy source for generating green hydrogen. Companies around the globe see solar energy as a lucrative opportunity for the generation of green hydrogen directly from solar panels. Solar power can run electrolyzers to convert water into hydrogen. Therefore, the solar energy industry's growing investment in green hydrogen production has further boosted the growth of the green hydrogen market.

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Impact of COVID-19 on Global Green Hydrogen Market

Many enterprises around the world have been affected by the global pandemic caused by COVID-19. Insufficient supplies have affected several supply chains, logistics, raw material suppliers, miners, and others. The pandemic has also affected green hydrogen markets. Several businesses, commercial buildings, industries, and other facilities have been closed due to the nationwide lockdowns imposed by different countries. As a result of little traffic on the roads, the automobile sector, where green hydrogen finds its greatest application, was hindered. Furthermore, a loss of sales in the automobile sector also affected the overall green hydrogen market.

Global Green Hydrogen Market: Regional Insights

Geographically, the green hydrogen market is categorized into North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America. Europe is estimated to account for the largest share in the green hydrogen market in 2021 and is likely to dominate during the forecast period. The growth of the European green hydrogen market is primarily due to an increase in investments for setting up new manufacturing facilities to produce green hydrogen. In June 2021, Shell launched Europe's largest PEM (Polymer electrolyte membrane) green hydrogen electrolyzer for producing green hydrogen. The fully operational plant is the first in the world to use this technology in a refinery.

Competitive Landscape

Some of the key players in the green hydrogen market are Siemens Energy AG, Toshiba Energy Systems & Solutions Corporation, Nel ASA, Linde, Cummins Inc, H&R Ölwerke Schindler GmbH, Wind to Gas Energy GmbH & Co. KG, Guangdong Nation-Synergy Hydrogen Power Technology Co., Ltd., Air Liquide, and Air Products and Chemicals, Inc., and other prominent players. The key players heavily invest in R&D to optimize green hydrogen production since green hydrogen has a high production cost and needs large initial investment. Green hydrogen's increasing applications and extensive research and development create enormous opportunities for the industry's key players.

Don’t miss the business opportunity of the global green hydrogen market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global green hydrogen market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the green hydrogen market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

About Us

BlueWeave Consulting provides all-inclusive Market Intelligence (MI) Solutions to businesses regarding various products and services online & offline. We offer comprehensive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

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blueweave01 · 4 years ago

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Global Tracksuit Market Retains Robust Growth: Projected to Grow at a CAGR of 7.4 % by 2027

An increase in fitness-conscious population and an increase in consumers' preference for stylish athleisure are contributing to the growth of the global tracksuit market. However, unstable raw material prices and counterfeit products are hampering market growth.

A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that global tracksuit market was worth USD 8.7 Billion in 2020. The data yielded by the study revealed that the market is estimated to grow at a CAGR of 7.4%, earning revenue of around USD 14.3 Billion by the end of 2027. A tracksuit is a sweatsuit worn by athletes, particularly runners, during training. It typically consists of a full-sleeved jacket and long pants. The best tracksuits are made from knitted cotton or nylon fabrics after cutting and stitching. Growing consumer participation in physical fitness activities, an increase in the number of young adults, and an increasing preference for athleisure have contributed to the growth of the global tracksuits market.

Increasing demand among millennials driving the global tracksuit market

The millennial generation makes up a significant part of the global tracksuits market. The millennial generation is known for its holistic approach to health and wellness, which positively impacts the global tracksuit market. The section is extremely active, and members are eager to help each other improve their fitness levels. The millennial generation is increasingly upgrading tracksuits to reflect their active lifestyles and fashion-inspired activewear. Therefore, several retailers and designers that cater to sports are now offering unisex collections with new materials.

The comfort offered by tracksuits are driving market growth

Nowadays, tracksuits are commonly worn for sports, exercise, and even for leisure. This type of clothing allows one to move with comfort and agility during physical activity. The breathable fabric of tracksuits helps keep the wearer fresh for longer since it allows sweat to evaporates faster. Tracksuits are made from the finest fabrics, such as cotton, wool, and fiber. Initially, tracksuits were more popular among athletes, but over time they have become more popular with gym-goers and non-athletes alike.

Exorbitant prices of tracksuits and counterfeit athleisure brands are impeding market growth

One of the restraints in the global tracksuit market is the high price of athleisure brands, which has led to the origin of counterfeit athleisure brands. In developing economies, fake brands are popular where customers are price-sensitive. Sales of the existing original athleisure brands get affected by this factor, which hampers the tracksuits market growth. Fake brands generally exhibit substandard quality, which inevitably incurs safety concerns for customers, gradually creating negative perceptions in the minds of consumers.

Impact of COVID-19 in the industry

Nearly every industry was affected by the COVID-19 pandemic. Global tracksuit sales were mostly affected negatively by this outbreak. The manufacturing process was adversely affected by a temporary shortage in the supply and a disruption in the supply chain. The price of products increased in 2020 because of high demand and low supply. However, with vaccination drives in full swing, the supply-demand gap will likely minimize, allowing import and export to resume.

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Cotton fabric occupies the largest share of global tracksuit market

The global tracksuit market can be grouped into cotton, fiber, wool, and others based on products. The cotton segment has captured the largest share of the global tracksuits market and is expected to continue dominating the market for years to come. Cotton absorbs sweat well and dries quickly, which is why it has grown in popularity. It is an ideal material for moisture-wicking. Moreover, tracksuits made of cotton ensure a relaxed feel, which drives the demand for this specific segment.

North America is expected to witness significant growth in the market during the forecast period

The global tracksuit market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa based on regions. Among these regions, North America holds the largest market share and is likely to maintain its prominence even during the forecast period. Due to the significantly rising demand for tracksuits in the region’s sports industry, North America is one of the leading markets. To become more competitive and increase profitability, several key players in this region embrace development strategies such as business expansion and new product launches.

Competitive Landscape

The key players in the global tracksuit market are Adidas AG, ASICS Corporation, HanesBrands Inc., H&M Hennes & Mauritz AB, Jack & Jones, Monte Carlo Fashions Ltd., Nike Inc., Puma Se, Under Armour Inc., and Wildcraft, and other manufacturers.

Do not miss the business opportunity of the global tracksuit market. Consult our analysts to gain crucial insights, and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global tracksuit market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global tracksuit market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

About Us

BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online & offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

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blueweave01 · 4 years ago

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Global Tracksuit Market Retains Robust Growth: Projected to Grow at a CAGR of 7.4 % by 2027

Increasing demand among millennials driving the global tracksuit market

The comfort offered by tracksuits are driving market growth

Exorbitant prices of tracksuits and counterfeit athleisure brands are impeding market growth

Impact of COVID-19 in the industry

Request For Free Sample Report @ https://www.blueweaveconsulting.com/report/global-tracksuit-market

Cotton fabric occupies the largest share of global tracksuit market

North America is expected to witness significant growth in the market during the forecast period

Competitive Landscape

Do not miss the business opportunity of the global tracksuit market. Consult our analysts to gain crucial insights, and facilitate your business growth.

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blueweave01 · 4 years ago

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India Interior Design Market Thriving: Projected to growing at a CAGR of 7.4% by 2027

Among the leading factors contributing to the growth of the India interior design market are rising income levels and urbanization. Social media platforms displaying interior design trends, the growing popularity of smart homes, and changes in lifestyles and standards, other factors that contribute to India's interior design market.

A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that India Interior Design Market was worth USD 23.2 Billion in the year 2020. According to the study, the market is estimated to grow at a CAGR of 7.4%, earning revenue of around USD 38.2 Billion by the end of 2027. Architects, trade members, Interior designers and educationists are involved in the planning, designing, and decorating of the interior spaces in India. The growing Indian real estate market, increasing population, rising income levels, and urbanization all contribute to the growth of the internal design market. Additionally, interior design trends displayed on social media platforms, the popularity of smart homes, and changes in lifestyles and standards are other significant factors contributing to the growth of India’s interior design market.

Rising numbers of Interior Designers across India is Favoring Market Growth

With the influx of real estate investment in India, the India interior design market has grown substantially. Co-working spaces have presently begun to grow significantly in India, thus, driving the country’s interior design market. India’s interior design market will grow as the real estate market continues to expand. The number of interior designers in India is growing in tandem with the increase of real estate investment in Tier I and Tier II cities. Furthermore, numerous architects are venturing into the interior design business in India, propelling the market to new heights.

The Popularity of Commercial Interior Design is Driving the Growth of India Interior Design Market

Due to the steady growth of commercial real estate, interior design has emerged as a progressive trend in the Indian interior design market. The commercial space is likely to provide further opportunities for the industry in the near future. With the visible change in Indian work culture, office furniture and interiors have evolved significantly. In addition, the growth of startups and the establishment of new office spaces have made refurbishing old spaces necessary, which calls for interior design services.

Restraint

These days, people choose theme-based designs for their commercial and residential spaces. Moreover, home innovations are being made every day to make them more technologically advanced. As a result of the adoption of virtual reality in the interior design industry, clients and designers can more easily visualize and experiment with different aspects of interior design. However, there is a relatively high cost associated with adopting such advanced technologies, which impedes the growth of the market. Additionally, a high gestation period for the projects also hinders the market growth.

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Impact of COVID-19 in the industry

The COVID-19-induced pandemic that broke out in 2020 has had a severe impact on almost every industry and the India Interior design market is no exception. Consumer behavior suffered a drastic change during the pandemic as people became more aware of where they are spending their money. COVID-19 has also put construction and engineering projects in danger, resulting in some of these projects being canceled. Financial setbacks in the construction and real estate industry have led to a slump in the demand for interior design services in the country as a whole.

The Newly Decorated Segment Occupies the Largest Share of India Interior Design Market

Based on the type of decoration, the India interior design market is segmented into newly decorated and renovations. The newly decorated segment is likely to dominate the market during the forecast period. Indian real estate markets have experienced unprecedented growth over the past few years, primarily due to the office and residential space demand. A primary reason for the growth of this category is the shift in the work culture and the rising interest in luxury lifestyles in India. As a result of the rise of designer commercial spaces and well-designed and elegant homes, the newly decorated segment of the interior design industry in India continues to grow.

North India is expected to witness significant growth in the market during the forecast period

Based on region, India interior design market is segmented into North India, South India, East India, and West India. North India dominates the Indian interior design market and is likely to maintain its dominance even during the forecast period. Numerous housing projects by both public and private organizations have contributed to the growth of this region. Additionally, the growing number of corporate offices in the region is driving the growth of the India interior design market.

India Interior Design Market: Competitive Landscape

The key players in the India interior design market are Home Interior Designs E-Commerce Pvt. Ltd., Lipika Sud Interior Pvt. Ltd., Chaukor Studio, The KariGhars, Morph Design Co., Design Qube and other manufacturers. Interior design in India is highly competitive and fragmented. The market for interior design services is experiencing a lot of growth, but the market is currently seeing lower than expected profitability due to heavy competition between designers and studios. However, the market is likely to witness growth in the foreseeable future.

Do not miss the business opportunity of the India Interior Design Market, Consult our analysts to gain crucial insights, and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the India Interior Design Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the India Interior Design Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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blueweave01 · 4 years ago

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Global Nail Care Products Market to Witness Moderate Growth: Projected growing at the CAGR of 2.3 % by 2027

Global nail care product market is driven by the increasing popularity of eco-friendly nail care products and global fashion trends among consumers. Additionally, healthy customer engagement via digital platforms is expected to boost the market's growth.

A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that global nail care products market was worth USD 9.8 Billion in the year 2020. According to the report, the market is estimated to grow at a CAGR of 2.3 %, earning revenue of around USD 11.5 Billion by the end of 2027. Nail care refers to the care of fingernails and toenails. The lack of proper nail care can lead to several problems, including the accumulation of bacteria and other contagious organisms under the nails. The global nail care product market is driven by the increasing popularity of eco-friendly products and global fashion trends among consumers. Additionally, healthy customer engagement via digital platforms is expected to boost the market's growth. However, the market will be hindered by counterfeit nail care products, growing health awareness among consumers, and regulatory compliances pertaining to product composition, labeling, and packaging.

Burgeoning Nail Care Brands Driving Market Growth

Creative brands are playing a strong role in supporting the creativity boom. New brands come into the market each day with a new idea about becoming or staying beautiful. Entrepreneurial activity is thriving in the beauty sector. Many retailers are supporting these new brands. Every day, bigger beauty companies are buying smaller companies for much higher prices, which leads to more creative innovation. Additionally, consumers, mainly women, usually explore beauty trends on a frequent basis. They enjoy finding new products and new brands that positively contribute to the growth of the nail care industry.

Availability of Non-toxic Nail Care Solutions is Propelling the Market Forward

The nail care market nowadays offers many non-toxic products. Many serious diseases such as skin infections, nail brittleness, and cancer are caused by toxic chemicals in nail care products, increasing consumer and manufacturer concern. Thus, people prefer natural and non-toxic nail care solutions to save and maintain healthy, beautiful nails. Nail care products market growth is largely driven by a wide range of products launched by vendors. Some of them include Amazon.com, Rakuten Commerce, Nykaa.com.

Restraint

Increasing concern of consumers in terms of harmful chemicals such as formaldehyde resin and camphor using by many key players in the beauty products that can cause dermatitis, nausea, dizziness and headache. Nail colors that are natural and low in chemicals are in great demand as consumers become aware of the increasing concern over nail damage from regular polishing, along with other health concerns. Consequently, this may lead to the discontinuation of the products by the customers, which in turn negatively impacts the growth of the nail care product market.

Impact of COVID-19 in the industry

As a result of COVID-19, the global economy has been hit in three major ways: direct impact on demand and production, disruption of supply chains and markets, and financial impact on firms and financial markets. During COVID-19, almost every country declared a nationwide lockdown, which prevented people from attending any indoor events due to quarantine requirements. Due to this, the nail care products market growth has slowed, leading to fears among consumers, loss of confidence in businesses, and future uncertainty. These are the reasons affecting the growth of the nail care products market.

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Nail Polish Segment Occupies the Largest Share of the Global Nail Care Products Market

The Nail Polish segment is expected to hold the largest share of the market during the forecast period. Women's nail care has been a significant part of high fashion for decades. Nail polish is widely available, which is one of the main reasons why consumers are drawn to it. One can also find a wide selection of nail colors at a range of prices, ranging from very low to very high. A number of fashion trends are also observed among young consumers in the global nail care market, including nail art and nail extension, which is likely to drive the market during the forecast period.

North America region is expected to witness significant growth in the market during the forecast period

Based on regions, the global nail care products market is categorized into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The dominant region is North America, and it is the leading region in terms of revenue. North America is likely to register lucrative profits over the forecast period due to the presence of many key players and the recurring launch of new products. Brazil has become the biggest contributor to the industry after the U.S.A. Furthermore, Asian countries such as India and China are likely to post high growth in the coming years due to the high demand for gel nail polish and bright nail polish colors.

Competitive Landscape

The key players in the global nail care products market are Revlon, L’Oreal, Channel, COTY, China, Glaze, Unilever, Oriflame, PandG, Amway, Avon Products, Inc. and other key manufacturers. Manufacturers are utilizing new formulations extensively to create innovative products. Products can be differentiated mainly based on the ingredients and colors used in their manufacture.

Do not miss the business opportunity of the global nail care products market. Consult our analysts to gain crucial insights, and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global nail care products market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global nail care products market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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blueweave01 · 4 years ago

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Global Next Generation Data Storage Market Set to Boom: Forecast to Grow at an Impressive CAGR of 8.4% by 2027

Because of the growing data volume among various end-user industries such as healthcare, telecom, IT, banking, financial services and insurance (BFSI), and others, global next generation data storage market is growing at a high CAGR.

A recent study conducted by strategic consulting and market research firm BlueWeave Consulting revealed that global next generation data storage market was worth USD 54.0 billion in 2020. According to the study, the market is estimated to grow at a CAGR of 8.4%, earning revenue of around USD 94.8 billion by the end of 2027. The next generation data storage market is growing significantly because of the growing data volume among various end-user industries, such as healthcare, telecom, IT, banking, financial services and insurance (BFSI), etc. Additionally, because of the growing popularity of cloud solutions, a new technology known as hybrid storage has gained traction, which is favoring the market’s growth. Also, the increasing use of mobile computing devices such as laptops, smartphones, and tablets and the digitalization of information in residential and commercial settings significantly contribute to the market’s prosperity. However, the high risk of cyberattacks and data theft associated with cloud and hybrid computing is a major restraint on the global next-generation data storage market.

Increasing Development of Data Storage Infrastructure Driving the Global Next Generation Data Storage Market

With the growing volume of data, organizations and enterprises are investing more in data storage infrastructure, which allows them to increase their productivity and provide better services. Such investments are expected to drive the demand for next generation data storage, propelling market growth. Data centers and storage facilities are also being developed by both public and private entities, which has shown to be cost-effective for small and medium-sized businesses. As a result of these initiatives, demand for next-generation data storage is likely to increase.

Growing Smartphone Penetration is Expected to Drive the Global Next Generation Data Storage Market Growth

With the growing popularity of smartphones and other mobile devices, such as laptops and tablets, the market for next-generation data storage is expected to rise dramatically. Furthermore, with remote working and online education, the need for smartphones cannot be disputed. The demand for next-generation data storage is only likely to expand during the forecast period as manufacturers expand their production facilities.

Global Next Generation Data Storage Market - By Storage Type

The global next generation data storage market is segmented into local (on-premise), remote (cloud), and hybrid, based on storage architecture. The local (on-premise) segment holds the largest share in the next-generation data storage market. The on-premise data storage presents a high performance in data delivery which results in faster efficiency of the businesses or enterprises. It works well with small businesses and residential applications. With a high number of small businesses, especially in emerging economies, the local data storage segment is growing substantially. However, the hybrid segment is projected to witness the highest CAGR during the forecast period. With expanding remote working scenarios, the need for remote access of data, and the tremendous surge in its volume, enterprises are opting to merge local and hybrid solutions to increase business efficiency.

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Global Next Generation Data Storage Market - By End-User

Based on end-user, the global next generation data storage market is segmented into enterprises, government bodies, telecom companies, and cloud service providers. The enterprise segment accounts for the largest market share. This segment is further classified into BFSI, consumer goods, retail, healthcare, media and entertainment, manufacturing, and others. Sectors like BFSI, healthcare, etc., carry and generate a large volume of crucial data that needs structured storage platforms that can provide access to real-time access data and protect it from data losses. These sectors are rapidly switching from hardware data storage options to cloud solutions and hybrid solutions for their data storage needs which are expected to drive the next generation data storage market growth in the forecast period.

Global Next Generation Data Storage Market - Regional Insights

Geographically, the global next generation data storage market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. North America dominates the global next-generation data storage market. However, the Asia-Pacific region is projected to witness the highest CAGR during the forecast period. The high concentration of leading industry players such as Fujitsu, Toshiba, Huawei, etc., plays a significant contributing factor for the growth of the market in this region. The increasing number of small and medium-sized businesses are also driving the global next generation market growth.

Impact of COVID-19 on Global Next Generation Data Storage Market

The global next generation data storage market significantly flourished after the COVID-19 outbreak. As a result of lockdowns imposed by governments, people began working from home. Simultaneously, the concept of online education also emerged, thereby propelling the growth of the market. However, the global next-generation data storage market experienced a decline during the initial outbreak, when manufacturing activities were suspended. Nevertheless, in the post-COVID-19 phase, the segment is forecast to recover quickly.

Competitive Landscape

The leading market players in the global next generation data storage market are Dell Inc., Netgear Inc., Hewlett Packard Enterprise Company, Fujitsu Ltd., Scality Inc., DataDirect Networks., Pure Storage Inc., Toshiba Corp., IBM Corporation, Hitachi Ltd, NetApp Inc., Nutanix, Western Digital Corporation, Samsung, Inspur, Drobo Inc., Cloudian Inc., Huawei Technologies Co., Micron Technology, and other prominent players.

The market is largely consolidated, with technology behemoths dominating it with cutting-edge technology and experience. To stay ahead of the competition, the companies often offer new products with innovations and developments. In addition, competitive techniques such as mergers, acquisitions, partnerships, and collaborations are highly common in this sector.

Don’t miss the business opportunity of the global next generation data storage market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global next generation data storage market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global next generation data storage market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

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blueweave01 · 4 years ago

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Global Industrial Enzymes Market Growth—Projected to Reach worth USD 9.2 Billion by 2027

Global industrial enzymes market is witnessing growth due to rising environmental concerns, increased demand for bioethanol, and developments in R&D efforts. Furthermore, the multifunctional advantages of industrial enzymes in many applications and technical advances to reduce chemical usage is likely to contribute to the market's growth throughout the forecast period.

A study, recently conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that global industrial enzymes market was worth USD 6.0 billion in 2020 and is further projected to reach USD 9.2 billion by 2027, at a CAGR of 6.8% during the forecast period (2021-2027). The industrial enzymes market has grown due to rising environmental concerns, increased demand for bioethanol, and developments in R&D efforts. Moreover, enzyme engineering, and green chemistry advances, and the advent of genetically altered enzymes have boosted industrial usage. Furthermore, the multifunctional advantages of industrial enzymes in many applications, and technical advances to reduce chemical usage is likely to contribute to the market's growth throughout the forecast period.

Growing demand for Alternatives to Synthetic Chemicals will lead to immense market growth

Industrial enzymes are widely recognized as alternatives to traditional chemicals as well as solutions to synthetic chemical concerns. Chemicals used in industrial operations are toxic and pose a threat to the environment. Carbohydrases, for example, are enzymes produced by plants and microorganisms that have no negative environmental impact since they work under mild circumstances, minimizing energy consumption and greenhouse gas emissions. Carbohydrases produced by plants and microorganisms are used in the textile, starch processing, and bioethanol industries. Likewise, the leather industry has switched to proteases and trypsin instead of lime, and sulfides to attain higher yields and cleaner goods.

For instance, Leather Enzymes and Specialty Chemicals are produced by Tex Biosciences, India's leading manufacturer. For all stages of leather processing, the company has a selection of unique and high-quality leather enzymes and chemicals. Moreover, chemical and enzymatic soaking, as well as unhairing and liming, were compared in a Lifecycle Assessment (LCA) published in Leather International. The use of enzymes in bio preparation is estimated to save eight million GJ (gigajoules) of energy per year, and 0.7 million tonnes of CO2 per year. Consequently, the widespread acceptance of industrial enzymes by various industries due to their low cost, and low carbon footprint is creating enormous opportunities for manufacturers of industrial enzymes to offer alternatives to synthetic chemicals. Thus, the market for industrial enzymes is forecast to grow during the forecast period.

Global Industrial Enzymes Market: By Type

The global Industrial Enzymes market is categorized as carbohydrases, proteases, lipases, polymerases & nucleases, and others based on types. Among these, the carbohydrases segment accounted for a significant market share in 2020 and is likely to dominate the market during the forecast period. They are further classified as amylases, cellulases, and others. Carbohydrase is used in various sectors, including food & beverages, detergents, textiles & leather, and bioethanol. It has added value to a wide variety of industrial applications due to its properties such as cost-effectiveness, less time & space consumption, and ease of modification and optimization. As a result, the application of carbohydrases in diverse sectors is increasing due to their advantages and properties, resulting in higher market growth for industrial enzymes in general.

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Impact of COVID-19

The COVID-19 has negatively impacted the global industrial enzyme market. The nationwide lockdowns disrupted the supply chain, which resulted in severe loss in the global market of industrial enzymes. However, the post-pandemic market is expected to bring the business some good news. Many of the top enzyme companies worldwide are devoted to research into ways to deal with extreme weather. To stay up with the demand and supply of high-quality products to the market, companies are forming partnerships, collaborating, merging, and acquiring. For instance, Carbios, a major player in enzyme manufacturing, has recently formed a strategic relationship with Novozymes to combine its patented technology. This agreement is expected to have a significant impact on PET plastics and fiber reprocessing. Thus, the various strategies adopted by the key competitors and the rising demand for industrial enzymes is likely to boost the market during the forecast period.

Asia-Pacific Leads the Global Industrial Enzymes Market

The global industrial enzymes industry is grouped into -North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America. Among these, North America holds the largest market share. The United States is the leading country in the North American industrial enzymes market; however, the market in this region has matured, and enzyme use has become common. Alltech Feed Survey results of 2019 show that North America experienced a stable growth in feed output of approximately 2% over the previous year, driven primarily by a growth in the major species, particularly beef and poultry, resulting in a strong demand for enzymes used in feed.

Competitive Landscape

The industrial enzyme market is fragmented due to the presence of a variety of players. Companies that are active in new product development, expansion, and acquisition remain competitive in the market. Some of the leading players are increasing their global footprint through acquisitions and partnerships. Key players in the global industrial enzymes market are BASF SE, Novozymes, DuPont Danisco, DSM, NOVUS International, Associated British Foods Plc, Advanced Enzyme Technologies, Chr. Hansen Holding A/S, Lesaffre, Adisseo, Enzyme Development Corporation, Aumgene Biosciences, Megazyme, Enzyme Supplies, Creative Enzymes, Enzyme Solutions, Enzymatic Deinking Technologies, Biocatalysts, Sunson Industry Group, Metgen, Denykem, Tex Biosciences, and other prominent players.

Don’t miss the business opportunity of the global industrial enzymes market. Consult our analysts to gain crucial insights and facilitate your business growth.

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blueweave01 · 4 years ago

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Global Companion Diagnostics Market to Reach a New Threshold of Growth: Expected to Reach USD 7.8 Billion by 2027

Global companion diagnostics market has been witnessing healthy growth potential owing to the rising prevalence of cancer cases around the world. The vigorous growth of the global companion diagnostics market can also be attributed to various factors influencing the global healthcare scenario, such as rising clinical trials on patients, growing emphasis on personalized medicines, and the surge in demand for next-generation sequencing, among others...

A study recently conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that global companion diagnostics market reached USD 3.6 billion in 2020 and is further projected to reach USD 7.8 billion by 2027, growing at a CAGR of 10.8% during 2021-2027 (forecast period). The global companion diagnostics market has been witnessing healthy growth potential owing to the rising prevalence of cancer cases around the world. The vigorous growth of the global companion diagnostics market can also be attributed to various factors influencing the global healthcare scenario, such as rising clinical trials on patients, growing emphasis on personalized medicines, and the surge in demand for next-generation sequencing, among others.

The growing demand for customized medicines is driving the global companion diagnostics market growth

The global companion diagnostics market is experiencing substantial growth owing to a surge in demand for customized medicines. Companion diagnostics have proven useful in various evidence-based laboratory analyses and clinical evaluations, thereby providing more information for the healthcare professionals in crafting more precisely tailored medicines with higher efficacies. For instance, in September 2020, Roche, a research-focused healthcare company with capabilities ranging from diagnostics to pharmaceuticals had developed a SARS-CoV-2 antibody test that helps generate accurate and quicker results than the expected duration. The advent of such advanced technologies, combined with highly effective diagnostic tests, is contributing to the growth of the companion diagnostics market, globally.

The escalating number of clinical trials bolstering the global companion diagnostics market growth

To obtain approval for the commercial end-use of any medicine, the drug is required to pass through all of the four phases of clinical trials that are known for being time-consuming and challenging. However, the companion diagnostics agent can help you identify disease-specific biomarkers and assist in recruiting patients based on the demand for the trials. Clinical trials have started becoming a cost-effective affair owing to the surge in usage of companion diagnostics in the field of medication development and customized medicines.

According to the U.S. National Library of Medicine, the registered studies of clinical trials were recorded to be at around 381,053 as of June 2021. The historical trend suggests that the clinical trials are increasing at a faster pace as the statistic recorded in 2020 stands at 325,793 against 293,274 in the year 2019. The record growth of the clinical trials in the U.S. alone indicates that the clinical trials and studies will continue to grow even in the foreseeable future. As a result, the rising number of clinical trials has been augmenting the growth of the global companion diagnostics market.

The PCR segment occupies the largest market share in the global companion diagnostics market

Based on technology, the global companion diagnostics market can be segmented into PCR, ISH, NGS, and IHC, and others. The Polymerase Chain Reaction (PCR) sub-segment accounted for the largest share under the technology segment. The world is confronting a lot of challenges owing to the pandemic that has claimed the lives of around 4 million people. The RT-PCR (Reverse Transcription Polymerase Chain Reaction) kit is the only way off identifying COVID-19 infection with higher effectiveness and precision. The PCR tests have a low allele frequency of genes, and high turnaround time in comparison to other technologies for which they are in huge demand. The promptness and high-reliability rate of PCR tests is positively contributing to the growth of the global companion diagnostics market.

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The cancer sub-segment accounted for the largest share in the indication segment of the global companion diagnostics market

Based on indication, the global companion diagnostics market is segmented into cardiovascular, neurological diseases, cancer, infectious diseases, and others. The cancer segment held the largest share in the global companion diagnostics market in 2020 and is expected to witness strong growth over the forecast period as well. According to the WHO, cancer is the second leading cause of death worldwide, following cardiovascular illnesses, claiming more than 10 million lives in 2020 alone. The most prevalent cancer types diagnosed in 2020 are as follows—breast (2.24 million cases), lung (2.20 million cases), colon and rectum (1.92 million cases), prostate (1.40 million cases), skin (1.19 million cases), and stomach (1.08 million cases). Among these cases, the largest number of deaths were documented in the lung cancer category, which recorded nearly 1.80 million deaths in the year 2020 alone.

The data cited above emphasizes the importance of proper diagnosis in diseases with higher mortality rates. Cancerous diseases are often treated with the help of oncology treatment as it is an effective approach to detect cancerous cells in the human body. Oncology treatment has been witnessing an upward trend owing to the1 rising investment opportunities for research and development around the world. The rising number of cancer patients has only augmented the demand for such treatments which are positively impacting the global companion diagnostics market.

North America to Remain Prolific in the Global Companion Diagnostics Market

The global companion diagnostics market is divided into North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America. The North American region accounted for the largest share in the global companion diagnostics industry in 2020. The region is equipped with advanced healthcare facilities and has a presence of a large number of pharmaceutical and biotech companies that have been contributing to the escalation of the global companion diagnostics market. Furthermore, North America is one of the most cancer-affected regions in the world, and the number is predicted to worsen in the approaching years as the geriatric population increases, thereby contributing to the growth of the global companion diagnostics market.

Europe holds the second position in terms of revenue in the global companion diagnostics market. Europe is witnessing healthy growth as a result of its highly efficient healthcare workforce and systems. Furthermore, increasing awareness of the necessity of adopting precise diagnostic instruments, electronic health records, and drugs prescribed precisely for a disease promotes the growth of the market in the region. Europe also spends a lot of money on healthcare. They also have public and private sector investment for R&D, as well as a well-developed healthcare industry in the region, which is propelling the growth of the global companion diagnostics market.

COVID-19 Impact Analysis

The COVID-19 outbreak as well as the government-induced lockdown restrictions have had a negative impact on the global companion diagnostics market. Because of the nationwide lockdown imposed by the governments of different countries, the supply chain confronted disruptions, and availability concerns mounted amid a rising number of COVID-19 cases. However, the discretion offered to the healthcare domain amid the COVID-19 pandemic has helped the global companion diagnostics market to witness a growth potential as they continued offering their testing services to various healthcare professionals around the world. Companion diagnostics testing kits have also made it possible to determine the safety and efficacy rates of COVID-19 vaccines and medicines for cancer patients undergoing therapy. As a result, following a period of sluggish growth, the companion diagnostics market is expected to witness immense growth potential in the coming years.

Healthy Competition Driving Market Outcomes

The leading players in the global companion diagnostics market are F. Hoffmann-La Roche AG (Switzerland), Agilent Technologies, Abbott Laboratories, Almac Group (U.K.), Danaher Corporation (U.S.), Illumina, bioMérieux SA (France), Myriad Genetics, Sysmex Corporation (Japan), Thermo Fisher Scientific, Abnova Corporation (Taiwan), and other prominent players. The large presence of new companies has resulted in healthier competition among long-established service providers in the industry, thereby providing more opportunities for new entrants in the global companion diagnostics market.

In March 2021, Agilent Technologies Inc. announced that the company has acquired Resolution Bioscience Inc. The acquisition is expected to complement and augment Agilent’s strength in NGS-based cancer diagnostics, thereby providing more room for innovative technologies to serve the demands of the fast-growing precision medicine market. Agilent Technologies Inc. is expected to pay USD 550 million in cash and an additional sum of USD 145 million on the basis of future performance milestones. Resolution Bioscience’s non-invasive biopsy assay platform is supported by the clinical oncology diagnostic testing market as well as the biopharma services market. The platform is designed for a centralized Clinical Laboratory Improvement Amendments (CLIA) test service that comes in the form of a distributable kit.

In May 2021, QIAGEN N.V. announced the launch of an extended form of companion diagnostic claims for the therascreen KRAS Kit after receiving U.S. regulatory approval. As a companion diagnostic served in aiding and identifying non-small cell lung cancer (NSCLC) patients, it is making them eligible for receiving treatment under LUMAKRASTM, which is the latest approved therapy marketed and developed by Amgen Inc. The new approval is expected to further help the market leader in strengthening and expanding its therascreen portfolio of companion diagnostic tests. It also demonstrates the company's commitment to assisting in the timely delivery of most recent innovations in precision healthcare to patients suffering from NSCLC cancer.

Don’t miss the business opportunity of global companion diagnostics market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of global companion diagnostics market size & forecast. The report promises to provide recent technology trends of the global companion diagnostics market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges and competitive dynamics of the global companion diagnostics market.

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blueweave01 · 4 years ago

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Global Robot Operating System Market Thriving: Likely to Grow at a CAGR of 9.4% During the Forecast Period

The global robot operating system market is growing at a high CAGR because of the increasing adoption of robots and automation in the small & medium-sized enterprises, along with growing research and development activities.

A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global robot operating system market was worth USD 599.1 million in 2020. According to the study, the market is estimated to grow at a CAGR of 9.4%, earning revenue of around USD 1,121.2 million by the end of 2027. The global robot operating system market is booming at a high rate because of the increasing adoption of robots in small & medium-sized enterprises and expanding research and development activities. The shift from labor-intensive to capital-intensive operations prompts businesses to adopt robots to maximize their production yield and cut costs. As a result, the demand for robot operating systems is growing for effective and error-free management of robots and automation systems. However, complexity in robots and different algorithms of different automation devices may act as a major restraining factor for the global robot operating system.

Expanding Application of Robots in Manufacturing Industry is Propelling the Growth of The Global Robot Operating System

The manufacturing and production activities are flourishing at a high rate, especially in emerging economies like China, India, Japan, South Korea, etc. As a result, the adoption of robots and robot operating system (ROS) is also expanding. Technological advancements such as the Internet of Things (IoT) and artificial intelligence (AI) as well as the availability of a wide range of robots for various operational needs and processes are also influencing the growth of robotic operating systems (ROS).

Increasing Demand for Collaborative Robots Is Expected to Drive the Global Robot Operating System Market Growth

There are generally four types of robots available in the market�� articulated robots, SCARA (Selective Compliance Assembly Robot Arm) robots, parallel robots, cartesian robots, and collaborative robots. Among these, the demand for collaborative robots is highly prominent in the market. Collaborative robots are intended for direct human-robot interaction in a shared space. Consequently, robots controlled by robot operating systems are used to perform certain tasks such as manufacturing precision parts, but with human supervision to ensure quality. Consequently, the demand for robot operating systems continues to grow, boosting the market.

Global Robot Operating System Market - By End-User Industry

Based on the end-user industry, the global robot operating system market is segmented into Automotive, Electrical and Electronics, Metal and Machinery, Plastics, Rubber, and Chemicals, Food and Beverages, Healthcare, and others. The metal and machinery segment holds the largest market share and is likely to maintain its supremacy even during the forecast period. Robotics and automation play a major role in the metal and machinery industry, allowing for higher production yields and avoiding significant labor risks. Robots are also highly effective for manufacturing small parts, such as chips, which are crucial components of electronic products, in a cost-effective way that helps moderate the price of the end products.

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Global Robot Operating System Market - Regional Insights

Geographically, the global robot operating system market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among these regions, the Asia-Pacific accounts for the largest market share and is projected to show lucrative growth during the forecast period as well. Increasing adoption of robots and automation in emerging economies like China, South Korea, Japan, etc., for manufacturing and production operations is significantly propelling the growth of the global robot operating system in this region. Industries such as electronics, automobiles, military, etc., are witnessing prolific growth in adopting robots and robot operating systems. However, North America also covers a substantial share in the market because of the high prevalence of leading industry players such as Microsoft and iRobot Corporation.

Impact of COVID-19 on Global Robot Operating System Market

The global robot operating system market witnessed a significant slowdown during the initial phase of the COVID-19 outbreak. As a result of the lockdown, the countries stopped undertaking research and development, as well as their distribution system, reducing the supply of robotics hardware.

However, automation and robotics are also expected to gain prominence in the next few years, which will propel the market's growth. The risk of community transmission of the virus among a group of humans working in an enclosed space is very high. The labor-intensive work also has high chances of obstruction of the business operations if a similar outbreak happens again. Therefore, businesses, especially manufacturers and producers, are significantly switching towards robots and automation to keep their businesses running during such times.

Competitive Landscape

The leading players in the global robot operating system market are Microsoft Corporation, Cyberbotics Ltd., ABB Ltd., Husarion, Inc., KUKA AG, Omron Corporation, Yaskawa Electric Corporation, Clearpath Robotics, Denso, Universal Robotics, FANUC, iRobot Corporation, Stanley Innovation, Husarion, Rethink Robotics, and other prominent players.

The market is highly concentrated and consolidated, with global giants such as Microsoft, iRobot Corporation, etc. These industry players dominate the market with their technological expertise. Therefore, the market is highly dense for new entrants. To stay ahead in the competition, they significantly adopt competitive strategies, such as partnerships, mergers, acquisitions, collaborations, etc. For example, SLAMcore, a global leader in spatial intelligence software for robots, announced full compatibility of its SDK with ROS 2 (Robot Operating System).

Don’t miss the business opportunity of the global robot operating system market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global robot operating system market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global robot operating system market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

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Global Probiotics Market Thriving: Projected to Grow at a CAGR of 8.0% by 2027

Probiotics are microorganisms, such as bacteria and yeast that benefit humans and animals by preserving intestinal microbial balance. Probiotics are in high demand due to the growing consumer awareness concerning digestive health and the increasing demand for high-quality foods and quality animal-based products.

A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting, revealed that global probiotics market was worth USD 57.4 Billion in the year 2020. It is estimated to grow at a CAGR of 8.0%, earning revenue of around USD 97.8 Billion by the end of 2027. As consumers become aware of the importance of digestive health, as well as the rising demand for high-quality foods and animal-based products, the demand for probiotics will continue to grow. One can easily find it in the form of supplements or components in food and beverages. Probiotics are expected to grow in the near future, but the high cost of research and development for breakthrough strains and international quality standards is likely to hamper growth.

Growth Drivers

Health Benefits

Hectic daily schedules, long working hours, and sedentary lifestyles have affected eating habits as well as food choices, resulting in an increased prevalence of various lifestyle-related conditions such as diabetes, fatty liver disease, and obesity. Because of this, consumption of probiotic foods is of considerable public interest world-wide. Many health benefits have been seen in the probiotics like inulin and pectin as they decline the frequency and duration of diarrhea and help in inflammation and any symptoms of intestinal bowel disorder, this helps in driving the growth of the global probiotics market.

Different mode of consumption

Furthermore, the availability of probiotic supplements in many forms in most supermarkets and pharmacies is also a major contributor to the growth of the global probiotics market. Various forms of probiotics are available on the market, such as capsules or tablets, which can be swallowed. Furthermore, probiotics are also available as a loose powder that can be sprinkled on food or drinks. Drinks have become a popular way to consume probiotics among the masses these days. Consumers who regularly consume probiotics have indicated that the liquid form is easier to consume.

Restraint

Low awareness among consumers

Many consumers don't know how to find and buy these probiotic foods, constraining the global probiotic market's growth. A large number of the population are still not aware of its existence. The lack of proper knowledge about probiotics and their beneficial effects ultimately leads to the consumption or intake of probiotics of the wrong type, which may not have any positive effects. Increasing demand for probiotics will occur as and when the average person becomes aware of their benefits.

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Impact of COVID-19 in the industry

Since the emergence of COVID-19, many industries have been facing a struggle. The global probiotics market is one of those few sectors that the pandemic has positively impacted. During the pandemic, consumers became more aware of the products, which helped strengthen their immune systems. Since the beginning of the nationwide lockdowns imposed by different countries, consumers have become more conscious about maintaining their health and wellbeing. This has led to a significant increase in the use of natural and organic solutions, such as probiotics, with people seeking to avoid medical intervention. The fear of getting infected in a pandemic has led to people accepting healthy lifestyles. Because everyone has the possibility of virus infection, manufacturers are focusing on probiotic products that provide noticeable results, which in turn is driving the market growth.

Based on ingredients, yeast occupies the largest share of Global Probiotics Market

Based on ingredients, the global probiotics market is divided into Bacteria and Yeast. Yeast is expected to be the segment with the fastest growth during the forecast period. In emerging markets such as China, Brazil, and India, there is a high demand for yogurts containing Saccharomyces boulardii, a type of yeast with many benefits of probiotics. It is anticipated that there will be an increase in the demand for yeast strain-based medicines due to tested positive results for reducing the incidence of chronic diseases, such as diarrhea and bowel diseases linked to antibiotic use.

North America is expected to witness significant growth in the market during the forecast period

Based on the regions, the global probiotics market is divided into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The region, which has dominated the market in terms of revenue during the forecast period, is North America. The US is the major contributor to market growth. The inclination of consumers towards the intake of functional food and beverages is increasing the application of probiotics in the food industry. On the other hand, Asia Pacific is also growing significantly and holds an important share of the global probiotics market. Additionally, the region is expected to grow at the highest CAGR during the forecast period. The probiotics market is growing due to an increase in applications in the APAC region.

Competitive Landscape

Key players in the global probiotics market are CHR-Hansen A/S (Denmark), Novozymes A/S (Denmark), Lallemand Inc. (Canada), Probi AB (Sweden), Kerry Group (Ireland), Sabinsa Corporation (US), DowDupont Inc. (US), Synbio Tech Inc. (Taiwan), Roelmi HPC (Italy), UAS Laboratories LLC (US), Probiotical SpA (Italy), Greentech SA (France), Biosearch, SA (Spain), and BioCC OÜ (Estonia) and other manufacturers.

The core strategy of most market players for growth is launching new products, followed by partnering, expanding, and acquiring companies. Globalization has made product launches a popular method for companies to expand themselves globally and appeal to customers around the world. In the past few years, there have been a number of innovative products developed by companies to enhance their product offerings.

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Global Thin Film and printed battery Market Thriving: Likely to Grow at a CAGR of 24.0% by 2027

Global thin film and printed battery market is growing at a high CAGR because of the emerging and expanding application of thin film and printed batteries in implantable medical devices, such as tiny defibrillators, and other smart devices, such as smart cards, radio frequency identification (RFID), sensors, etc.

A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that global thin film and printed battery market was worth USD 98.2 million in the year 2020. The data yielded by the study reveals that the market is estimated to grow at a CAGR of 24.0%, earning revenue of around USD 442.0 million by the end of 2027. The global thin film and printed battery market has grown due to factors such as the increasing production of IoT devices and sensors and technological advancements in solid-state lithium-ion batteries. Thin film and printed battery manufacturers are experiencing growth due to the growing demand for lightweight, flexible, and thin batteries for certain consumer electronics and implantable medical devices. However, the small size of thin-film and printed batteries may limit the growth of the market because of their limited energy density and power capacity.

Technological Advancements in Thin Film and Printed Battery is Driving Market Growth

With the demand for batteries and other electric devices growing, investments are being made to make thin-film and printed batteries more technologically advanced. For instance, using low resistance electrode/solid electrolyte interfaces, scientists from Tokyo Tech Company and Tohoku University have developed batteries with less resistance to tackle the disadvantage of all-solid-state batteries. According to recent studies, lithium-ion battery prices have declined dramatically by more than 97%. Their production capacity is expected to triple by 2025, while the cost per kilowatt-hour will drop below USD 100. Innovations like these are expected to spur the market in the forecast period.

Secondary Batteries are Powering the Global Thin Film and Printed Battery Market

Based on rechargeability, the global thin film and printed battery market is segmented into primary batteries and secondary batteries. The demand for secondary batteries is very prominent in the global thin film and printed battery market. That’s why this segment holds the largest market share. Rechargeable batteries, also known as secondary batteries, can be recharged and discharged multiple times. Electronic waste and improper disposal of batteries have very lethal effects on the environment, which has driven the demand for secondary batteries in electronic devices.

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Consumer Electronics Segment is Fueling the Growth of the Global Thin Film and Printed Battery Market

Based on applications, the global thin film and printed battery market is segmented into consumer electronics, wireless sensors, medical devices, smart packaging, smart cards, and others. Consumer electronic products account for most of the market share as thin film and printed batteries are commonly used in portable devices like wearables. The burgeoning consumer electronics industry in emerging economies like China and India is significantly influencing the growth of the global thin film and printed battery market. Moreover, the growing demand for these battery types in implantable medical devices such as pacemakers is driving the thin film and printed batteries market in the Asia Pacific.

North America Holds the Largest Market Share

Geographically, the global thin film and printed battery market is0 segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. The largest market share belongs to North America. It is, however, projected that the Asia-Pacific will witness the highest CAGR during the forecast period. The growing manufacturing capacity of consumer electronics and medical devices in emerging economies like China, India, Japan, etc., is driving the demand for thin-film and printed batteries in these countries. In addition, the growth of the market is fueled by the production of solid-state batteries in the Asia-Pacific region.

Impact of COVID-19 on Global Thin Film and Printed Battery Market

The global thin film and printed battery market were negatively affected by the COVID-19 induced pandemic. The lockdown imposed by countries to halt the spread of the virus completely halted manufacturing and production operations. There was a sharp decline in the demand for thin film and printed batteries as a result. The acute shortage of chips in the market is still hindering market growth even in the post-COVID-19 period. As a result, a huge demand and supply gap for consumer electronics has been created, which is impacting the growth of the global thin film and printed battery market.

Competitive Landscape

The leading players in the global thin film and printed battery market are Blue Spark Technologies, STMicroelectronics, Brightvolt, Inc., Samsung SDI Co Ltd, Cymbet Corporation, Prologium, Excellatron Solid State, Inc., Panasonic Corporation, Jiangsu Enfucell Flexible Electronics Co., Ltd., Fullriver Battery New Technology Co., Ltd., Apple Inc., LG Chem Ltd., Enfucell Oy Ltd., Ultralife Corporation, Prelonic Technologies, Flexel, Molex, and other prominent players.

The market is highly fragmented, with the presence of several industry players. The companies invest heavily in R&D, innovations, and improving the power capacity of their products. They also focus on regional penetration to extend their consumer base. Furthermore, the adoption of competitive strategies like mergers, acquisitions, partnerships, collaborations, etc., is also very prominent in the market.

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Global Battery Materials Market Set for Prodigious Growth: Projected to Grow at a CAGR of 7.0% by 2027

Global battery materials market is expected to grow at a high CAGR due to rising demand for battery-based consumer goods, battery development and innovation for increased energy capacity and longer life, and increased battery use in various sectors.

A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that global battery materials market was worth USD 45.7 billion in 2020. According to the study, the market is estimated to grow at a CAGR of 7.0%, earning revenue of around USD 73.0 billion by the end of 2027. The global battery materials market is expanding rapidly as a result of factors such as rising demand for battery-powered consumer goods, battery development and innovation for increased energy capacity and longer life, and increased adoption of batteries in various industries, such as automotive, defense, and communication. Additionally, the development of electronic cars, as well as their increasing market demand, is driving up demand for high-efficiency, long-life batteries. This factor suggests that the global battery materials industry has a lot of room for expansion. The health and environmental risks connected with battery materials, on the other hand, could pose a significant challenge to market growth.

Increasing Penetration of Smart Devices Is Driving the Global Battery Materials Market Growth

Smartphones, smart autos, smart thermostats, smart refrigerators, smart locks, smartwatches, and bands are just a few examples of the products that are flooding the market. These gadgets are interconnected and can be controlled by a single home automation system or a central hub. Smart devices are battery-powered, allowing them to operate automatically even under unusual circumstances. The demand for smart devices is growing as a result of increased desire for enhanced comfort and security, technological breakthroughs, and the launch of innovative products. The flourishing smart devices market is therefore, driving the growth of the global battery materials market.

The Booming Electronic Manufacturing Industry Is Projected to Boost the Global Battery Materials Market

The global battery materials market is expected to grow significantly as manufacturing and production activities for electronic consumer goods such as computers, televisions, and mobile phones expand. The demand for battery materials is predicted to rise as a result of various technical breakthroughs and the introduction of a wide range of electronic products to meet customer needs. For instance, wireless gaming consoles, digital cameras, tablets, which have very prominent demand among young users, require batteries to function. Therefore, manufacturers are working to improve battery life to capture their market.

Global Battery Materials Market - By Application

Based on applications, the global battery materials market is segmented into portable devices, electric vehicles, industrial, automotive, industrial, and others. The Li-ion battery material is prominently used in portable devices, electric vehicles, and industrial applications. The portable device segment accounts for the largest market share because of the increasing dependence on electronic products for daily activities and growing smartphone penetration in the market. The expanding manufacturing activities and increasing purchasing power are also influencing the growth of the battery materials market.

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Global Battery Materials Market - Regional Insights

Geographically, the global battery materials market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. North America dominates the market because of the increasing penetration of consumer goods and electric vehicle manufacturing. However, the Asia-Pacific region is projected to witness the highest CAGR during the forecast period. This is because developing countries like India, China, Japan, South Korea are emerging as leading consumer goods and electric vehicles markets which are expected to boost the battery materials demand in the region. The western EV companies are also establishing their manufacturing plants in this region, which is expected to propel market growth.

Impact of COVID-19 on Global Battery Materials Market

The global battery materials market was negatively hit by the sudden outbreak of the COVID-19 and the pandemic situation. The lockdown resulted in a massive halt on the manufacturing industry, affecting the production operations of electronics goods as well as batteries. Due to this, the demand for battery materials declined significantly, incurring severe losses to the manufacturers. However, the market is expected to recover soon in the post-COVID-19 period because of the growing demand for electric vehicles. Smartphones and computers for remote working and schooling purposes are expected to fuel the global battery materials market growth. Smartphones and computers for remote working and schooling purposes are expected to fuel the global battery materials market growth.

Global Battery Materials Market Competitive Landscape

The leading players in the global battery materials market are BASF, Umicore, Dow Chemical, POSCO, Mitsubishi Chemical Corporation, Showa Denko, Johnson Matthey, Mitsui Mining & Smelting Company, Hitachi Chemical, Toray, Sumitomo Corporation, Kureha Corporation, Asahi Kasei Corporation, Shanshan Technology, Nei Corporation, Tanaka Chemicals, Zhangjiagang Guotai Huarong Chemical New Material, L&F, Nexeon Limited, and other prominent players.

The market is fragmented with the presence of several global and regional market players. Leading players focus on manufacturing high-power battery materials with lower costs and longer lives and thus invest significantly in R & R&D. The market is also characterized by adopting competitive strategies such as mergers, acquisitions, collaborations, etc.

Don’t miss the business opportunity of the global battery materials market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global battery materials market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global battery materials market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

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blueweave01 · 4 years ago

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United States PrEP Market Gaining Momentum—Projected to Grow at a CAGR of 15.4% by 2027

Over the forecast period (2021-2027), United States PrEP (Pre-Exposure Prophylaxis) market is expected to be driven by the increasing rate of generic drug approvals and decreasing treatment costs…

A study recently conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that United States PrEP (Pre-Exposure Prophylaxis) market was worth USD 5,774.0 Million in 2020. According to the report, the market is projected to grow at a CAGR of 15.40% during the forecast period (2021-2027) to reach the valuation of USD 15,515.2 Million by 2027.The growth of the market is attributable to the innovations taking in this field. Lupin, for example, announced the launch of Emtricitabine with Tenofovir Disoproxil Fumarate Tablets in July 2021. Gilead Sciences, Inc.'s Truvada Tablets 200 mg/300 mg generic equivalents are Emtricitabine and Tenofovir Disoproxil Fumarate Tablets 200 mg/300 mg. Furthermore, many generic versions of PrEP drugs have been approved, which has proliferated its sale in the United States, thereby, driving the United States PrEP (Pre-Exposure Prophylaxis) market.

Growing Government Initiatives for Free Medication of HIV is Driving the Market Growth

Since the WHO recognizes HIV as a global pandemic that has caused many deaths in the United States, it has compelled the government of the United States to update medical infrastructure and improve HIV regulations. The US Department of Health and Human Services' Ending the HIV Epidemic (EHE) in the United States mission aims to reduce new HIV infections by 90% by 2030, with a target of fewer than 3,000 per year.

For instance, the US Health Resources and Services Administration (HRSA) announced USD 99 million in 2021 for implementing the EHE campaign in the U.S. with Ryan White's HIV programs to improve the healthcare infrastructure, including HIV care, treatment, medication, and essential support services. In 2019, Gilead Sciences announced that they are likely to donate Truvada for PrEP to the US CDC to support the government initiative for End the HIV Epidemic. Gilead Sciences announced that they would provide 2.4 million bottles of Truvada to the CDC annually for uninsured citizens of the U.S. Thus, growing government initiatives for the free medication of HIV have propelled the growth of the United States PrEP market.

Increasing Population of Lesbian Gay Bisexual Transgender (LGBT) and Adoption by Society Represent a Lucrative Opportunity

Nearly 70% of the people living with HIV are bisexual men or homosexuals. This is generally because contracting HIV through anal sex is ten times more likely than through vaginal contact. Thus, anal sex has a higher transmission rate, which means that the chances of contracting HIV increase in bisexual men or homosexuals.

LGBT awareness has grown to a point where the younger generation is more likely to identify as LGBT than heterosexual. The latest update on gay, lesbian, transgender, bisexual finds that 5.6% of the U.S. population (mainly adults) identifies as LGBT in 2020. This includes one in six adult members of generation Z.

Thus, the rising population of LGBT and their acceptance by society has led key players to develop more effective drugs.

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Impact of COVID-19 on United States PrEP (Pre-Exposure Prophylaxis) Market

As a result of the COVID-19 pandemic, the U.S. and global economies experienced substantial volatility and uncertainty in the early months of 2020, increasing operational risks. The manufacturing industry has been profoundly affected in multiple industries. Clinical trials have been adversely affected by the pandemic, including their ability to be completed on time. Some clinical trial sites had to implement restrictions on patient visits during ongoing trials to reduce the risk of exposure to the deadly virus. Additionally, the companies found it difficult to maintain participant adherence to the clinical trial schedules because of quarantines, travel restrictions, and healthcare disruptions. As a consequence of the clinical trial sites remaining open, there was also a risk of biased data collection. In light of these challenges, manufacturers failed to meet predicted filing and marketing timelines for certain products.

United States PrEP (Pre-Exposure Prophylaxis) Market: Competitive Landscape

The United States PrEP market is highly consolidated. The rising prevalence of HIV cases in men and women, regulatory approvals, and the global HIV pandemic has aided the firms in launching new medications and clinical studies. Gilead Science Inc., Teva Pharmaceuticals Industries Ltd., and others are among the leading market competitors in the US PrEP industry.

In June 2021, Lupin announced the launch of Emtricitabine and Tenofovir Disoproxil Fumarate Tablets after receiving approval from the United States Food and Drug Administration (FDA). Emtricitabine and Tenofovir Disoproxil Fumarate Tablets 200 mg/300 mg are the generic equivalents of Gilead Sciences, Inc.'s Truvada Tablets 200 mg/300 mg. They are used to treat HIV-1 infection in combination with other antiretroviral drugs. These are also used for pre-exposure prophylaxis (PrEP), which lowers the risk of HIV-1 infection acquired through sexual contact. In the United States, Emtricitabine and Tenofovir Disoproxil Fumarate Tablets (RLD: Truvada) had yearly sales of USD 2.1 billion. (IQVIA MAT March 2021).

Don’t miss the business opportunity of the United States PrEP market. Consult our analysts to gain crucial insights and facilitate your business growth.

The report's in-depth analysis provides information about growth potential, upcoming trends, and the United States PrEP market statistics. It also highlights the factors driving forecasts of total market size. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market. The report promises to provide recent technology trends in theUnited States PrEP market, along with industry insights, to help decision-makers make sound strategic decisions.

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blueweave01 · 4 years ago

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Global Robot Operating System Market Thriving: Likely to Grow at a CAGR of 9.4% During the Forecast Period

Expanding Application of Robots in Manufacturing Industry is Propelling the Growth of The Global Robot Operating System

Increasing Demand for Collaborative Robots Is Expected to Drive the Global Robot Operating System Market Growth

There are generally four types of robots available in the market— articulated robots, SCARA (Selective Compliance Assembly Robot Arm) robots, parallel robots, cartesian robots, and collaborative robots. Among these, the demand for collaborative robots is highly prominent in the market. Collaborative robots are intended for direct human-robot interaction in a shared space. Consequently, robots controlled by robot operating systems are used to perform certain tasks such as manufacturing precision parts, but with human supervision to ensure quality. Consequently, the demand for robot operating systems continues to grow, boosting the market.

Global Robot Operating System Market - By End-User Industry

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Global Robot Operating System Market - Regional Insights

Impact of COVID-19 on Global Robot Operating System Market

Competitive Landscape

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blueweave01 · 4 years ago

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Global Masterbatch Market Witnessing Promising Growth: Projected to Grow at a CAGR of 5.0% by 2027

Global masterbatch market is growing at a high CAGR because of rising environmental awareness, an increase in plastic usage in the automotive sector, and the opportunity to package foods and beverages in attractive ways..

A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that global masterbatch market was worth USD 11.2 billion in 2020. It is estimated to grow at a CAGR of 5.0%, earning revenue of around USD 15.7 billion by the end of 2027. The global masterbatch market is gaining significant traction because of various driving factors, including the expanding construction and automobile industry, which consumes different types of masterbatches. The effective use of masterbatches for coloring raw polymers during the plastic manufacturing processes is also propelling the growth of the global masterbatches market. Plastics containing masterbatches are utilized in the production of important vehicle components, plastic packaging, consumer items, and so on. However, stringent plastic-use rules and a permanent ban on plastic in certain regions may pose significant threats to the global business in the coming years.

Growing Construction Activities in Emerging Economies

Globally, the masterbatch market is being driven by the expansion of construction activities. Emerging economies such as India, China, Japan, etc., are investing heavily in the construction of residential and commercial buildings for various purposes. They are also investing in transportation, communication, energy, etc. Masterbatches polymers are used to offer UV resistance and water resistance as well as strength and toughness to buildings. The need for masterbatches is expected to skyrocket due to continuing and growing construction projects, supporting overall market growth.

Expanding Medical Application of Masterbatches Is Expected to Drive the Global Market in the Forecast Period

The global masterbatch market is expected to grow rapidly over the forecast period due to the growing use of masterbatch in medical devices. Medical devices use masterbatch differently depending on the color, the pigment type, and the pigment loading. Aside from its use in medical devices, it also has applications in pharmaceutical packaging. Color masterbatches and additives are commonly used in this sector, as they contribute to the color-coding of specific plastic parts of medical devices. Such applications are expected to propel market growth in the forecast period.

Global Masterbatch Market - By Polymer

Based on polymers, the global masterbatch market is segmented into polypropylene (PP), low-density polyethylene & linear low-density polyethylene (LDPE & LLDPE), high-density polyethylene (HDPE), polyvinyl chloride (PVC), polyurethane (PUR), polyethylene terephthalate (PET), polystyrene (PS), and others. The polyethylene segment holds the largest market share because it comes in different types such as high-density, low-density, linear density polyethylene, etc. Moreover, it is used across a wide range of industries, including construction, automotive, packaging, etc. The polypropylene (PP) segment is estimated to gain significant traction during the forecast period.

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Global Masterbatch Market - Regional Insights

Geographically, the global masterbatch market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among these regions, the Asia-Pacific dominates the global masterbatch market. The expanding automobile production in the Asia-Pacific region plays a crucial role in propelling the growth of the global masterbatches market. Despite this, North America covers a substantial share of the market due to the increasing investment in R&D activities. Manufacturers in North America are focused on improving their masterbatches production technology, sustaining the market's growth in the coming years.

Impact of COVID-19 on Global Masterbatch Market

The global masterbatch market was negatively impacted by the unprecedented outbreak of the COVID-19 pandemic. The lockdown imposed by the countries to curb the spread of the virus completely halted the operations of the end-user industries of the global masterbatch market. Automobile manufacture, building, packaging, and other activities were curtailed, lowering demand for masterbatches and negatively impacting the market. Furthermore, restrictions on the distribution channels also affected the demand and supply of the masterbatches, which also incurred significant losses to the global masterbatches market in the pandemic period. Nonetheless, masterbatch demand seems favorable for the market due to the recent resumption of construction activities and the increased demand for electric vehicles.

Global Masterbatch Market Competitive Landscape

The leading players in the global masterbatch market are Americhem Inc., A. Schulman Inc., Clariant AG, Ampacet Corporation, Cabot Corporation, Polyone Corporation (Group) Co., Ltd., Plastika Kritis S.A., GCR Group, Polyplast Mueller GmbH, Hubron International, Avient Corporation, Penn Color Inc., High Technology Masterbatches S.L., Dainichiseika Color & ChemicalS Mfg. Co., Ltd., CONSTAB, K.D. FEDDERSEN, Primex Color, Tosaf Compounds Ltd., Americhem, and other prominent players.

The market is highly fragmented, with the presence of several global and regional industry players/ The regional companies have a better grip on the local market. To stay competitive, the companies heavily invest in R&D activities. Furthermore, this market is also characterized by competitive strategies, such as partnerships, mergers, acquisitions, and collaborations.

Don’t miss the business opportunity of the global masterbatch market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global masterbatch market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global masterbatch market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

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blueweave01 · 4 years ago

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Global Masterbatch Market Witnessing Promising Growth: Projected to Grow at a CAGR of 5.0% by 2027

Growing Construction Activities in Emerging Economies

Expanding Medical Application of Masterbatches Is Expected to Drive the Global Market in the Forecast Period

Global Masterbatch Market - By Polymer

Request For Free Sample Report @ https://www.blueweaveconsulting.com/report/global-masterbatch-market-bwc20212

Global Masterbatch Market - Regional Insights

Impact of COVID-19 on Global Masterbatch Market

Global Masterbatch Market Competitive Landscape

Don’t miss the business opportunity of the global masterbatch market. Consult our analysts to gain crucial insights and facilitate your business growth.

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