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Zinc Oxide Market 2028 by Future Trend, Growth rate, Opportunity, Industry Analysis, Focusing on top key players
The zinc oxide market size was valued at US$ 4,506.51 million in 2021 and is projected to reach US$ 6,338.82 million by 2028; it is expected to grow at a CAGR of 5.0% from 2021 to 2028. Increasing automotive production, such as passenger car production, globally is a major driving factor for the demand for zinc oxide-based lubricants and greases. The lubricants used in automobiles reduce friction between surfaces coming into contact and efficiently reduce the energy loss caused by friction. Further, the use of passenger vehicles is increasing with the rising global per capita income, growing stringent emission norms, shifting of vehicle production toward electrification, and the rising demand for commercial vehicles from the logistics and e-commerce sector in the region. All these factors are propelling the market demand for zinc oxide for the production of lubricants.
The "zinc oxide market analysis to 2028" is a specialized and in-depth study of the chemicals & material industry, focusing on global market trend analysis. The report aims to provide an overview of the zinc oxide market with detailed market segmentation based on process, grade, application, and geography. Based on process, the global zinc oxide market is segmented into french process, wet process, american process, and others. Based on grade, the zinc oxide market is segmented into standard grade, food grade, USP grade, and others. Based on application, the global zinc oxide market is segmented into rubber, agriculture, chemicals and lubricants, glass and ceramic, paint and pigment, and others.
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The global zinc oxide market is segmented into five main regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South and Central America. In 2020, APAC held the largest revenue share in the global zinc oxide market. The growth of the market in APAC region is due to the growing pharmaceutical industry. The growth of the pharmaceutical industry in Asia Pacific directly influences the growth of the zinc oxide market. Asia Pacific is one of the significant markets for pharmaceutical products. Zinc oxide is used in manufacturing of zinc tablets, which are consumed as health supplement. These tablets help in boosting the immunity, lower the risk of heart attack and protect against the eye disease.
With the increase in geriatric population the rate of heart attack is increasing to improve the heart rate and decreasing the risk of bad cholesterol and triglycerides has surged the demand of zinc oxide, which has directly benefited the demand of zinc oxide. China, Japan, and India are the primary producers of pharmaceuticals in the region. Governments of these countries are developing new policies to promote the development of the pharmaceutical industry.
For instance, to address the needs of the growing population in Japan, the government is responding by easing various life science regulations and surging approval of innovative new drugs to promote pharmaceutical companies, both in domestic and foreign markets. Moreover, zinc oxide can maintain the structural integrity of insulin; hence zinc oxide nanoparticles can be developed for antidiabetic treatment, thus increasing the benefits of zinc oxide in the healthcare industry, which will drive the zinc oxide market growth.
EverZinc; L. Brüggemann GmbH & Co.; U.S. Zinc; Zochem, Inc.; Umicore; Grillo-Werke AG; Rubamin; JG Chemicals Pvt. Ltd.; Pan-Continental Chemical Co., Ltd.; and Akrochem Corporation are some players actively focusing on developing more innovative zinc oxide for various applications.
Read Complete Report Here @ https://www.theinsightpartners.com/reports/zinc-oxide-market/ About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunication, Chemicals and Materials.
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#Zinc Oxide Market#Zinc Oxide#Zinc Oxide Market Share#Zinc Oxide Market Size#Zinc Oxide Market industry
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Lactic Acid Market 2020 – Challenges, Drivers, Outlook, Growth Opportunities, Analysis to 2027
The lactic acid market was valued at US$ 1,069.84 million in 2019 and is projected to reach US$ 2,217.88 million by 2027; it is expected to grow at a CAGR of 9.6% from 2020 to 2027. Lactic acid is an organic acid produced during the process of fermentation. It is used in various industries including food & beverages, pharmaceuticals, personal care, and biodegradable polymers. The multi-functionalities of lactic acid render its use in various industries. In the food & beverages industry, lactic acid is used as a preservative, curing agent, and flavoring agent. Surging global demand for processed food is boosting the application of lactic acid in the food industry. In meat, poultry, and seafood products, it is majorly used as a decontaminant. In the personal care industry, lactic acid is mainly used in anti-ageing and skin lightening products as it treats hyperpigmentation and age spots.
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Based on form, the lactic acid market is segmented into dry and liquid. The dry segment is expected to grow at higher CAGR during the forecast period. Dry lactic acid is majorly available in powdered form and it is convenient to use. The shelf life of dry lactic acid is enhanced and it can be stored for longer duration. Compared to its liquid counterpart, dry lactic acid can be easily transported and requires lower transportation cost. In terms of application, the food & beverages segment dominated the global lactic acid market in terms of value in 2019. However, the personal care segment is expected to register the highest CAGR during the forecast period. Growth of personal care industry is the major determinant catalyzing the demand for lactic acid in personal care industry. Increasing demand for skin lightening products is fuelling the growth of the lactic acid market as it helps in lowering the dull and uneven complexion of skin.
Lactic acid holds multiple functionalities as it is used as a catalyst, food emulsifier, and substitute for toxic chemicals, and plastics. Lactic acid plays an indispensable role as a catalyst in the processing of various industrial products. The use of lactic acid as a substitute for toxic chemicals and plastics, especially in food & beverages and pharmaceuticals, is bolstering the market growth of lactic acid. Lactic acid is usually preferred over synthetic chemicals in the food & beverage sector, as they alter the flavor and texture of products while enhancing their shelf life. Lactic acid is used to produce cheese flavors in the dairy industry. Furthermore, in the brewing industry, lactic acid promotes starch conversion in beer, hence increasing the yield. In the baking industry, lactic acid helps control the dough's acidity and enhances the shelf life of baked products. Additionally, lactic acid is also used to produce emulsifiers such as calcium and sodium stearoyl lactylates, which function as dough conditioners. Hence, the lactic acid's multi-functionalities are the prime factor anticipated to drive the lactic acid market growth during the forecast period.
Some of the major key players operating in the global lactic acid market include Corbion, Cargill Inc., Foodchem International Corporation, Galactic, Henan Xinghan Biotechnology, Musashino Chemical Laboratory, Ltd., Shandong Baisheng Biotechnology Co., Ltd., Jungbunzlauer Suisse AG, Henan Jindan Lactic Acid Technology Co., Ltd., and Vigon International, Inc among many others. The major players in the lactic acid market are focusing on strategies such as mergers and acquisitions and research and development to increase the geographical presence and consumer base globally.
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunication, Chemicals and Materials.
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Industrial Automation Market 2021 Global Industry Size, Demand, Growth Analysis, Share, Revenue and Forecast 2028
According to the new research report titled "Industrial Automation Market Forecast to 2028 – COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 233.94 billion by 2028, registering a CAGR of 7.6% from 2021 to 2028.
Automation in the food & beverages industry refers to strategic integrations of technologies across various production processes, such as inspection, packaging, and storage. Over the years, food & beverages companies have optimized different production processes through the uptake of automated systems, such as delta robots, automated guided vehicles, and robotic arms, to be in line with various food safety & quality standards laid down by regulatory bodies and reduce overall labor cost across production sites.
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Vision-guided robots are experiencing a rise in demand across the industrial automation market due to their efficiency in completing repetitive tasks, such as bottle handling, bin picking, and tray loading. Numerous benefits, including enhanced traceability, improved efficiency, and high flexibility, have been driving the need for automation in the food & beverage industry over the years. These factors have encouraged food & beverage producers to invest heavily in automated technology integration across their production facilities. For instance, a US-based snack brand, Utz Brands Inc., announced its plans to integrate automated capabilities across its production plants to reduce its overall operational cost in 2021. Similarly, Hormel Foods is also planning to incorporate automation across its production facilities in 2021. Other food & beverage brands rapidly adopting automated technology include Tyson Foods and ITC. Thus, the rise in investment in automation across the food & beverage industry is fueling the growth of the industrial automation market.
The increasing penetration of advanced technology, such as Machine Learning (ML), the Internet of Things (IoT), and Artificial Intelligence (AI), has helped accelerate the growth of the industrial automation market. Furthermore, the rising product development and strategic initiatives from key market players for industrial automation applications lead to market growth. For instance, in 2020, Honeywell International Inc. and Tech Mahindra Limited partnered with "Factories of the Future" to accelerate the digital transformation journey by empowering manufacturers. Similarly, Siemens collaborated with SAP SE to offer industry 4.0-enabled business processes to enterprises. Further, the growing update of the industrial internet of things (IIoT) and the upcoming engineering 5G technology are a few factors, contributing to market growth during the forecast period.
ABB Ltd, Emerson Electric, OMRON, Rockwell, and FANUC are the prominent players in the industrial automation market. The listing of five key players based on a common criterion such as revenue is not feasible. Hence, we have derived this listing of “Key Five Players” in the Global Industrial Automation Market” by giving weightage to following key parameters: overall revenue, segmental revenue, brand image & industry experience, current product portfolio, innovative and advanced technology integration/material enhancements, customer base, geographical reach, new product launches, partnerships, mergers & acquisitions, and other market related activities. In addition to these players, there are several other important players operating in the Industrial Automation ecosystems which were studies analyzed during the course of this market research study, such as B&R Industrial Automation GmbH; HITACHI LTD., Industrial, Automation (M) SDN BHD., Koyo Electronics Industries Co., LTD., and Mitsubishi Electric Corporation.
Read Complete Report Here @ https://www.theinsightpartners.com/reports/industrial-automation-market
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunication, Chemicals and Materials.
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If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
Email: [email protected]
Phone: +1-646-491-9876
#Industrial Automation Market#Industrial Automation#Industrial Automation Industry#Industrial Automation Market Share
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Electric Ships Market Size, Share, Trends, Latest Innovations, Drivers, Dynamics And Strategic Analysis, Challenges By 2028
According to the latest research report titled “Electric Ships Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Power, Range and Ship Type,” the market is expected to grow from US$ 3.82 billion in 2021 to US$ 7.76 billion by 2028; it is estimated to grow at a CAGR of 10.3% from 2021 to 2028.
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Several marine industry associations are focusing on reducing the gas emission from the shipping industry. As per a report published by the Norwegian Ministry of Climate and Environment, in April 2018, International Maritime Organization (IMO) adopted a plan to reduce greenhouse gas emissions from international shipping by ~50% compared with the level in 2008 by the end of 2050. Additionally, the IMO strategy aims to improve the energy efficiency of each ship and to reduce the carbon intensity of the whole marine industry by reducing emissions per unit of transport work done by ~40% by 2030, and further toward 70% by 2050, according to a report published by the Norwegian Ministry of Climate and Environment. Further, several governments are focusing on reducing the gas emission from the shipping industry. For instance, according to a report published by the Norwegian Ministry of Climate and Environment, in 2019, the Norway government’s focus is on reducing greenhouse gas emissions from domestic shipping and fishing ships by half by 2030 and promoting the development of zero- and low-emission solutions for all vessel categories. For this, the government had allocated NOK 7 million (US$ 0.77 million) to the Green Shipping Programme in the 2019 budget. Therefore, the increasing regulatory support from government authorities and industry associations for reducing greenhouse gas emissions in the shipping industry supports the growth of electric ships by adopting electric or hybrid propulsion systems.
Key Findings of Study:
The electric ships market has been segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In North America and Europe, the demand for electric ships increases due to its rising demand for fully electric passenger vessels, tugs, yachts, and cruise vessels. Norway, Finland, the US, and Denmark are replacing conventional passenger ferries with fully electric passenger ferries. Significant developments in autonomous electric vessels that use fuel cells and remotely controlled electric vessels are also driving the market growth.
In APAC, the demand for electric ships increases due to the rising sea trade activities and growing government focus on reducing gas emissions from the shipping industry. This has resulted in ship integrators and owners switching the existing diesel-driven engines with electric or hybrid propulsion systems. Therefore, these factors create a vast opportunity for the APAC electric ships market players to produce more electric ships. According to the UN Merchant Fleet 2020 statistics, ~93% of the global new shipbuilding occurred in China, Japan, and South Korea in 2019. The global shipping and offshore energy equipment industry has shifted unequivocally toward Asia. South Korea, Japan, and China now dominate with ~80% of orders. According to IHS Maritime, 134 liquefied natural gas (LNG) tankers built since 2009—133 were built in Asia, 100 in South Korea, 20 in China, and 13 in Japan. While domination by Asian manufacturers is expected to continue, it is important to recognize that each of Asia’s shipping giants has distinct strengths and challenges. Shipbuilding in Japan is going through a renaissance. Focus on shipbuilding and port development is driving the growth of the electric ships market in the region.
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: [email protected]
#Electric Ships Market#Electric Ships#Electric Ships Market Size#Electric Ships Market share#Electric Ships Industry
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Athleisure Market 2021 Global Industry Size, Demand, Growth Analysis, Share, Revenue and Forecast 2028
Athleisure clothing is a type of clothing that can be used for both athletics and casual wear. Increased interest in sports and outdoor recreational activities is expected to drive demand for athleisure. One of the key factors driving this trend is an increase in consumer fitness and health consciousness, which is driving demand for comfortable and trendy clothing. The popularity of athleisure is expected to have a significant impact on ongoing fashion trends in the next years. Yoga pants, jogging pants, shorts, sweatpants, sweatshirts, shoes, and other similar items are examples of athleisure clothing. Athleisure is the meeting point of fashion and activewear. Activewear looks to be dominating as athleisure gets traction. Millennials are drawn to the use of recycled polyester in the production of green apparel, as well as the usage of bio-based fabrics.
The athleisure market is expected to grow from US$ 411.02 billion in 2021 to US$ 793.46 billion by 2028; it is estimated to grow at a CAGR of 9.9% from 2021 to 2028. Athleisure is a growing fashion trend that represents the fusion of athletic and casual wear, involving comfortable clothing which can also be used as casual wear.
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Based on distribution channel, the athleisure market is segmented into supermarkets & hypermarkets, specialty stores, online retail, and others. In 2020, the supermarkets and hypermarkets segment dominated the market. The online retail segment is expected to register the highest CAGR in the athleisure market. There has been a rapid penetration of e-commerce in developing regions, which expanded the customer base of athleisure manufacturers. Major athleisure brands have created their own websites through which they provide their products to consumers. Consumers are increasingly using e-commerce platforms due to their convenience, ease of use, accessibility to various products, and cost-effectiveness.
The athleisure market is segmented into five main regions—North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). In 2020, North America dominated the global market. The athleisure market growth in this region is ascribed to factors such as increased demand for stylish sportswear, surge in the millennial population, and rise in focus on sports and fitness activities across the region. Furthermore, the growing number of gymnasiums, fitness clubs, yoga centers, and other fitness facilities has propelled the demand for customized hoodies, joggers, shoes, and so on, which contributes to athleisure market growth.
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Some of the major key players operating in the global aroma ingredient market include Adidas AG, Columbia Sportswear Company, Gap Inc., Hennes & Mauritz AB, ASICS Corporation, Lululemon Athletica Inc., Nike, Inc., Puma SE, Under Armour, Inc., and Authentic Brands Group LLC. The major players in the athleisure market are focusing on strategies such as research & development and new product development to increase their geographical presence and consumer base globally.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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Wheelchair Market Projected To Reach US$ 6,459.07 Million By 2028: The Insight Partners
Patients use wheelchairs when walking is impossible for them due to injury, illness, or disability. There are different types of wheelchairs available in the market, depending on the patient's requirement. There is a wide range of wheelchairs available differing by mechanisms of control, propulsion method, and technology used. There has been a significant effort in the last decade to develop a wheelchair with innovative features.
According to our new market research study on “Wheelchair Market to 2028 – Global Analysis and Forecast – by product, type, end user, applications, usage, and distribution channel,” the market is expected to reach US$ 6,459.07 million by 2028 from US$ 4,073.71 million in 2021. The market is estimated to grow with a CAGR of 6.8 % from 2021 to 2028. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.
Wheelchair Market leaders operating in the market have undertaken various organic growth strategies in the wheelchair market. The wheelchair market majorly consists of the players including Invacare Corporation, Medline Industries, Inc., Ottobock, Meyra Gmbh, Karman Healthcare, Inc., Sunrise Medical, Hoveround Corporation, Levo Ag, Permobil, Smile Smart Technology, and among the others. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic as well as inorganic strategies such as new product launches, expansion, and product approvals & collaboration, partnerships
People suffering from disorders such as spinal cord injury, paralysis, and arthritis require wheelchair for mobility. Thus, increasing prevalence of these diseases is propelling the demand for wheelchairs. As per the WHO, every year, 250,000–500,000 people in the world suffer spinal cord injuries (SCIs). As per the 2020 SCI Data Sheet from the National SCI Statistical Center (NSCISC), ~17,810 new spinal cord injuries occur each year in the US; vehicle crashes, falls, violence, and sports activities are among the most common causes of spinal cord injuries in the country. As per an annual statement of the NHS Specialized Spinal Cord Injury Services for 2017–2018, ~2429 new patients were referred to eight specialist centers in England, which led to 864 new admissions. As per the Christopher & Dana Reeve Foundation, in 2013, ~1.7% of the US population, i.e., ~5,357,970 (~5.4 million) people were living with some form of paralysis, which is a disorder caused by problems in central nervous systems, resulting in difficulty or inability to move the upper or lower extremities. According to the Centers for Disease Control and Prevention (CDC), ~24 million adults have limited their activities due to arthritis, and more than 1 in 4 adults with arthritis report severe joint pain.
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: [email protected]
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NFC Chip Market Share, Sales Channels and Overview Till 2028
The NFC chip market is expected to grow from US$ 8,714.4 million in 2021 to US$ 17,827.0 million by 2028; it is estimated to grow at a CAGR of 10.8% during 2021–2028.
NFC technology was originally incorporated into smartphones in 2011 and is now widely integrated into most phones, regardless of whether they run on iOS or Android. An NFC controller chip is attached to an NFC antenna in an NFC-enabled smartphone.
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The controller chip is a customized Central Processor Unit that accepts and executes instructions from the application processor software to finish NFC tag detection and/or reading NFC tag content. Unlike Bluetooth, NFC transfers data without the need for manual pairing or device discovery. When another NFC device enters the previously selected 4-inch range, an NFC connection is automatically established. When the two devices are in range, they quickly communicate and provide prompts to the user. NFC can perform a wide range of tap-and-go functions, and digital wallets like Apple Pay, Google Pay, and Samsung Pay only scratch the surface. Music fans may use NFC to easily connect their mobile to speakers, as well as check in to their work computer, unlock their car door, and track their health and fitness information.
Automotive, air transport, public transportation, retail, and medical are critical sectors expected to be the most crucial end users of NFC technology. To get a competitive edge in the present market scenario, stakeholders in the current NFC chip market are actively pursuing collaboration opportunities with other competitors in the market. The emergence of special interest groups (SIGs) has fueled the development of future-proof new creative solutions based on NFC technology. Growth in above-mentioned areas will have a positive impact in the growth of NFC chip market.
NXP Semiconductors N.V.; Samsung; Qualcomm; Infineon AG; and STMicroelectronics are some of the key market players operating in the global NFC chip market. The listing of key players is derived by considering multiple factors such as overall revenue, current environmental consulting services product portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the environmental consulting services ecosystems which were studies analyzed during the course of this market research study.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunication, Chemicals and Materials.
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Mammography Systems Market 2020 | Growth drivers, restraint, and future opportunities to 2027
Mammography systems are specific type of x-ray imaging systems which are particularly used for breast imaging. The systems are used for early detection and analysis of breast cancer. Furthermore, mammography can help to avoid unnecessary biopsies and additional tests. In addition, the systems also provide clear images of abnormalities in breast.
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The mammography systems market was valued at US$ 2,172.8 million in 2019 and is projected to reach US$ 3,790.5 million by 2027; it is expected to grow at a CAGR of 7.4%from 2020 to 2027.
Market leaders operating in the market have undertaken various organic growth strategies in the Mammography Systems Market. The mammography systems market majorly consists of the players Carestream Health Inc., General Electric Company, Hologic, Inc., Koninklijke Philips N.V., PLANMED OY, Fujifilm Corporation, IMS GIOTTO S.P.A., Canon Medical Systems, Siemens Healthineers AG, and Metaltronica S.p.A. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic strategies such as launches, expansion, and product approvals. Moreover, the companies have utilized inorganic strategies including mergers & acquisitions, partnership, and collaborations.
Market Insights
Growing Breast Cancer Prevalence Drives Mammography Systems Market Growth
The prevalence of breast cancer is growing worldwide and has resulted in increased demand for mammography systems for diagnosis. A few of the common symptoms of breast cancer are appearance of inverted nipples, changes in breast shape, development of lumps in breast, and red or scaly patch of skin, or sore nipples.
Product-Based Insights
Based on product, the mammography systems market is segmented into full field digital mammography systems, breast tomosynthesis systems, and analog systems. The full field digital mammography systems segment held the largest share of the market in 2019. However, the breast tomosynthesis systems segment is anticipated to register the highest CAGR in the market during the forecast period.
Technology-Based Insights
Based on technology, the mammography systems market is segmented into screen film, 2D mammography, 3D mammography, and others. The 2D mammography technology segment held the largest share of the market in 2019. However, the 3D mammography segment is anticipated to register the highest CAGR in the market during the forecast period. In 2D mammography, two X-ray image views are captured; one is a top or front view while the other is a side view.
End User-Based Insights
Based on end user, the mammography systems market is segmented into hospitals, ambulatory surgical centers, and others. The other end users segment held the largest share of the market in 2019; however, hospital segment is estimated to register the highest CAGR during the forecast period. Hospitals segment is estimated to hold a considerable share as majority of the patients in emerging and developed countries prefer visiting hospitals for any kind of health-related problem.
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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Biochar Market Exhibits Higher Growth Prospects during 2021-2028
The scope of our recent study on “Biochar Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Feedstock (Woody Biomass and Agricultural Waste, Animal Manure, and Other Feedstock) and Application (Electricity Generation, Agriculture, Forestry, and Others)" includes the description of factors fueling the market growth, estimation and forecast of revenue, and identification of significant market players and their key developments. It also includes the market share analysis.
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The biochar market is projected to reach US$ 368.85 million by 2028 from US$ 177.06 million in 2021. It is expected to grow at a CAGR of 11.1% from 2021 to 2028.
Biochar can improve yield for plants that require high potash and elevated pH. It can enhance water quality reduce the greenhouse gas emission levels, nutrient leaching, acidity, and irrigation and fertilizer requirements of soil. Under certain circumstances, biochar induces plant systemic responses to foliar fungal diseases and improves plant responses to infections caused by soil-borne pathogens. Thus, the benefits of biochar associated with plant physiology, soil ecosystem, and ecology as it is benefitted to environment sustainability which bolster its demand in the agriculture industry.
Growing demand for biochar in agriculture & feedstock industry.
Biochar is charcoal or high-carbon, the fine-grained residue produced via pyrolysis. Biochar is used as a soil conditioner and fed to animals. Biochar is a stable solid rich in carbon and can abide in soil for thousands of years. Biochar offers multiple soil health benefits. It promotes good soil and plants health. Biochar reduces leaching of E-coli through sandy soils depending on application rate, feedstock, pyrolysis temperature (i.e. 300-700C), soil moisture content, soil texture, and surface properties of the bacteria. Biochar can improve yield for plants that require high potash and elevated pH. Biochar can enhance water quality reduce soil emissions of greenhouse gases, nutrient leaching, soil acidity, irrigation and fertilizer requirements. Under certain circumstances, biochar induces plant systemic responses to foliar fungal diseases and improves plant responses to infections caused by soil-borne pathogens. These associated benefits of biochar bolstered the demand for biochar in the agriculture industry.
The Climate Hubs (the U.S Department of Agriculture) has established an online platform, 'The Pacific Northwest Biochar Atlas’, that helps users choose biochar to suit soil health goals. In addition, the Atlas provides details about the benefits of biochar, a dozen example operations implementing biochar across the region, and a map of biochar producers to simplify access for interested producers. These and other Atlas features help improve information exchange, continuing education, and biochar accessibility for the Northwest of farmers. Hence the agriculture industry’s demand for biochar and driving the global biochar market.
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Some of the major key players operating in the global biochar market include Airex Énergie Inc.; Genesis Industries; Carbon Gold Ltd; Black Owl Biochar; Biochar Now, LLC; Phoenix Energy; American BioChar Company; BioForceTech Corporation; Ecoera, and Pyropower. The major players in the biochar market are focusing on strategies such as research and development and new product development to increase the geographical presence and consumer base globally.
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Baking Ingredients Market Exhibits Higher Growth Prospects during 2022-2028
The scope of our recent study on the “Baking Ingredients Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Application” includes the description of factors fueling the market growth, estimation and forecast of revenue, and identification of significant market players and their key developments. The report also provides a market share analysis.
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The baking ingredients market is projected to reach US$ 22,278.10 million by 2028 from US$ 16,444.97 million in 2022; it is expected to grow at a CAGR of 5.2% from 2022 to 2028.
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Baking ingredients include flours, baking mixes, enzymes, emulsifiers, shortenings, livening agents, sweeteners, bakery inclusions & fillings, and flavors & colors. These ingredients provide strength, stability, and texture to baked goods, such as bread, rolls, cookies, biscuits, cakes, pastries, and muffins. The rising consumption of bakery products, especially in Asia Pacific, North America, and Europe, is driving the baking ingredients market growth. The increasing demand for healthy, nutritious, clean-label, and organic bakery ingredients is also contributing to the market growth.
The report segments the baking ingredients market as follows:
Based on type, the baking ingredients market is segmented into baking powder & mixes; emulsifiers; enzymes; starches; colors & flavors; oils, fats, and shortening; and others. Based on application, the market is segmented into breads & rolls, biscuits & cookies, cakes & pastries, and others. Based on geography, the baking ingredients market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM).
A few players operating in the baking ingredients market are Cargill, Incorporated; ADM; Associated British Foods plc; Koninklijke DSM N.V.; Kerry; AAK AB; British Bakels; Corbion; International Flavors & Fragrances; Dawn Food Products Inc. among few others.
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Wire Harness Market 2022 Global Industry Size, Demand, Growth Analysis, Share, Revenue and Forecast 2028
According to the new research report, titled “Wire Harness Market Forecast to 2028 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the wire harness market is expected to reach US$ 129,995.33 million by 2028, registering a CAGR of 6.6% from 2022 to 2028.
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Wire harness is also known as cable harness, which is used to keep numerous wires or cables organized. Wire harnesses are used in various industries, such as automobile, food & beverage, agriculture, and electronics. The wire harness market players have to follow some stringent regulations and standards for the production of wire harness. One such standard is IPC/WHMA-A-620 Revision D, introduced by IPC and Wiring Harness Manufacturer’s Association (WHMA), for the acceptance and requirements of wire harness assemblies. Further, governments’ encouragement in various industries is one of the factors contributing to the wire harness market growth. For instance, in December 2021, the Government of India announced an extra tax deduction of US$ 1,879.46 on the purchase of an electric vehicles on loans.
The wire harness market is segmented into product type, material, and end user. Based on material, the market is segmented into PVC, vinyl, thermoplastic elastomer, polyurethane, and polyethylene. In 2021, the PVC segment dominated the market. PVC has a good combination of properties which explains why it is popularly used for cable insulation and sheathing. It is durable, UV resistant, and has good water and chemical resistance, which is one of the major factors for segmental growth. PVC has a good combination of properties which explains why it is popularly used for cable insulation and sheathing. PVC is durable, UV resistant, and has good water and chemical resistance, which is one of the major factors for segmental growth.
Due to this, the production of electric vehicles is increasing, leading to the massive demand for wire harnesses and thus, propelling wire harness market growth. Moreover, based on material, the wire harness market is segmented into PVC, Vinyl, thermoplastic elastomer, polyurethane, and polyethylene. The wire harness of these materials are made for a variety of environments, thus each end user purchases the wire harness which is suitable. For instance, for moist environment, a wire harness made of polyethylene should be used as, polyethylene has ability to resist moisture.
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Yazaki; Sumitomo Electric Industries, Ltd; Aptiv; Leoni; and Lear are some of the key market players operating in the global wire harness market. The listing of key players is derived by considering multiple factors such as overall revenue, current wire harness product portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, partnerships, and other market-related activities.
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Remote Patient Monitoring Market Size to Grow with Stupendous CAGR by 2028| Key Driver and Growth Forecasts
Remote Patient Monitoring (RPM), a technology used to collect patients medical and health information from health monitoring and diagnostic devices at one location and transfer it to the physician or doctor at another location. Remote patient monitoring (RPM) remotely monitors and analyzes physiological parameters such as heart rate, pulse rate, blood pressure, blood oxygen levels, blood sugar, vital signs. Due to which, it helps to reduce the patient hospitalization time and reduces hospital visits. This further improves patient's care and quality of life.
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According to our new market research study on “Remote Patient Monitoring Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, End User, and Geography,” the market is expected to reach US$ 188,952.22 million by 2028 from US$ 29,062.30 million in 2021. It is estimated to grow at a CAGR of 16.6% from 2021 to 2028. The key factors that are driving the growth of market are the growing prevalence of chronic diseases, rising awareness regarding healthcare, and surging demand for home-based treatments. However, security and privacy issues, and unaddressed regulatory concerns restrain the market growth.
It is anticipated that efficient remote healthcare may reduce the number of routine checkups before or after visiting a healthcare professional. Also, the patients would be permitted to leave the clinic or hospital earlier as the healthcare professionals will be enabled to monitor the patients from their home rather than admitting them in the hospital for further observation. For instance, in 2018, Britain’s National Health Service announced their Test Bed Programme, in which Type 1 or Type 2 diabetic patients were to be experimented with health technology allowing them to self-manage their conditions by staying at home. This helps in decreasing the additional costs required for staying in hospitals, thereby decreasing the overall medical expenditure of the individuals. Also, the improved internet connectivity and decreasing internet costs particularly in developing nations, are the major factors for the growth of the remote patient monitoring devices market.
The remote patient monitoring market majorly consists of the players such as Koninklijke Philips N.V., NIHON KOHDEN CORPORATION, Medtronic, General Electric, Cerner Corporation, Siemens Healthineers AG, Boston Scientific Corporation, Omron Healthcare, Abbott, and VitalConnect among others. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have adopted several inorganic and organic strategies to accelerate their growth and improve their market position.
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Flooring Market 2022 Growth Analysis, Opportunities, Figures with Sweeping Sales
The flooring market was valued at US$ 412.66 billion in 2021 and is projected to reach US$ 619.83 billion by 2028; it is expected to grow at a CAGR of 6.1% from 2022 to 2028
The floor is an important element in any building. It influences many factors directly and indirectly. Popular flooring options include wood, vinyl, tile, and carpet. Each type has its unique benefits.
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There is an increasing demand for refurbishment and renovation in residential and commercial buildings. This is supporting the market growth. Most people use renovation as the ultimate choice for interior design to enhance the appearance of their homes. Various types of flooring offer properties such as easy to clean, resistance to scratches, cost-effective and long-lasting. These benefits lead the customers to use these products during the renovation process. Further, the construction industry is witnessing significant growth due to rapid urbanization, industrialization, and a rise in population. An increase in advanced construction facilities will provide growth opportunities for the market.
There are different types of flooring available in the market, such as resilient flooring, seamless flooring, non-resilient flooring, and soft coverings. The growth in real estate, building, and construction sectors is increasing renovation and refurbishing activities in residential and non-residential segments. This is creating a huge demand for different flooring products.
Based on application, the global flooring market is segmented into residential and non-residential. The residential segment held a larger share of the global flooring market in 2021. Due to rising population and increasing consumer disposable income, there is an increasing demand for flooring products from the residential sector. Additionally, the growing reconstruction and renovation activities in order to enhance the appearance of the building will further fuel the overall demand from the residential sector.
Mohawk Flooring; Shaw Industries Group, Inc.; Tarkett; Armstrong Flooring, Inc.; Forbo International SA; Gerflor; Interface, Inc.; Beaulieu International Group; Toli Corporation; and Milliken are among the major players operating in the global flooring market.
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Extruded Snacks Market 2022 Growth Analysis, Opportunities, Figures with Sweeping Sales
The extruded snacks market is projected to reach US$ 93,898.88 million by 2028 from US$ 62,124.75 million in 2022. It is expected to grow at a CAGR of 7.1% during 2022–2028. The market is witnessing high demand for niche products, including organic products and products perceived as healthy by consumers, such as lentils and pulses. In addition, manufacturers are constructing various industrial units and storage systems to provide proper storage and transport facilities. The addition of high-quality ingredients is anticipated to propel the market growth in the coming years.
One of the key factors boosting the market for extruded snacks is the rising acceptance of ready-to-eat, convenient, and on-the-go snacks. The growing number of people entering the formal labor, which results in their stressful and hectic lifestyles, has spurred the need for on-the-go things that offer a quick feeling of fullness in a busy schedule. These convenient, compact sachets provide you a small energy boost during a hectic workday. The trend of on-the-go snacking is gaining popularity among millennials, majorly owing to the diversity of product options available within extruded snacks.
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Many international corporations working in overall food and beverages manufacturing have a substantial presence in extruded snacks manufacturing. Kellogg's and PepsiCo are among the key players in the market. Extruded snacks manufacturers are investing heavily in new product development, which is projected to drive the extruded snacks market during the forecast period.
Due to the advantages some extruded snacks offer in terms of metabolism, people are becoming more conscious of their snacking habits and adopting healthier versions. Healthy snacking is often considered to be a part of weight loss, and these snacks provide the body with the vital vitamins and nutrients it requires. By changing the ability of protein and starch to be digested, the nutritional components of extruded snacks can be changed. Over the projected period, the market for extruded snacks is expected to be driven by rising demand for weight management and healthy snacking.
The market for fortified extruded snacks is expanding as a result of shifting consumer tastes toward healthy snacking options, greater awareness of health benefits, and an increase in the population who are concerned about their health. Corn starch, wheat starch, and other traditionally utilized raw materials are increasingly being replaced with nutritious raw materials as demand for healthy food items grows. Consumers are searching for nutritional information as well as free-from claims like grain-free, gluten-free, GMO-free, animal-free (vegan), and allergen-free. They also demand more protein, fiber, and minerals, among other things. Additionally, with the demand for healthy food products on the rise, producers are turning to healthier options like extruded snacks with added protein. Manufacturer are engaged in developing new form of starch which are healthier as compared to traditional starch used for extruded snacks.
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List of Companies - Extruded Snacks Market PepsiCo, Inc., AMICA CHIPS S.p.A., Calbee, Pepperidge Farm Incorporated, Kellogg’s Company, General Mills Inc., Meiji Holdings Co. Ltd., Hain Celestial, Old Dutch Foods, Inc., Mikesell’s Snack Food Company
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Kidney Stone Retrieval Devices Market Share, Sales Channels and Overview Till 2027
Kidney stone retrieval devices are tools or equipment that assist in treating kidney stones. The kidney stone devices include a wide range of stone retrieval tools such as lithotripter, stone baskets, ureteral stents, ureterorenoscopes, guidewires, and access sheath. These tools are similar to the tube-like structure that attach with a camera that visualizes the position of stones inside the ureter, and tools such as lithotripter are used to break down stones into pieces, and stone basket helps in holding the stones pieces collectively. Accessories such as guidewires and access sheaths help in inserting stone removal devices into the ureter.
According to our new market research study on “Kidney Stone Retrieval Devices Market to 2027 – Global Analysis and Forecast – by Type, Treatment, End User,” the market is expected to reach US$ 3,653.92 million by 2027 from US$ 2,541.07 million in 2019; it is estimated to grow at a CAGR of 4.8% from 2020 to 2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.
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Technological developments in medical devices have led to various options for the treatment of renal and urological diseases. The implementation of robotics in surgeries for treating urolithiasis has gained popularity in the recent years. Currently, the Vinci Surgical System, provided by Intuitive Surgical Inc., is a widely used robotic system in surgeries performed for treating urolithiasis. Similarly, at present, technological developments have enabled various surgical procedures such as ureterorenoscopy (URS), PCNL, SWL is laparoscopy, and robot-assisted interventions have made significant evolution in kidney stone management and retrieval procedures. Since the past 20 years, the adoption of endourological interventions for the treatment of kidney stones has increased significantly across various North American, European, and Asian countries. On the back of such technological developments, the scope of robotic surgeries is likely to be extended to the treatment of kidney or ureteric stones in the coming future.
Market leaders operating in the market have undertaken various organic and inorganic growth strategies in the kidney stone retrieval devices market. The kidney stone retrieval devices market majorly consists of the players such as COLOPLGAST CORP, Boston Scientific Corporation, BD, Cook Medical, Olympus Corporation, Storz Medical AG, Lumenis, Walz Elektronik GmbH, Dornier Medtech GmbH, and Richard Wolf GmbH, among others.
Several in organic approaches, such as product launches, and expansion in the kidney stone retrieval devices market, have resulted in the positive growth of the market. Likewise, inorganic strategies such as mergers & acquisitions, and collaboration have help the company to strengthen its revenue, which allows the company to hold a strong position in the market.
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Cell Therapy Market Trends and Future Growth Opportunities Analysis Report
According to our new market research study on “Cell Therapy Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Therapy Type, Product, Technology, Application, and End User,” the market is expected to reach US$ 12,563.23 million by 2027 from US$ 7,260.50 million in 2019. It is estimated to grow at a CAGR of 7.2% from 2020–2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth. The growth of the market is attributed to increasing prevalence of chronic diseases, rising adoption of regenerative medicines, and surging number of approvals for cell-based therapies. However, the high cost of cell therapy manufacturing hinders the growth of the market.
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The cell therapy market, by technology, is segmented into viral vector technology, genome editing technology, somatic cell technology, cell immortalization technology, cell plasticity technology, and three-dimensional technology. The viral vector technology segment held the largest share of the market in 2019. Also, the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Regenerative therapies aim to induce regeneration of cells, tissues, and organs and restore their functions. Increasing number of regenerative medicine applications for human clinical trials are submitted to the Food and Drug Administration (FDA) each year. As per the Alliance for Regenerative Medicine, in 2019 (Q3), 1,052 clinical trials utilizing regenerative medicine were underway globally; 218 cellular therapy trials were underway (41 Phase I, 147 Phase II, 30 Phase III) in 2019. Rapid advancements in the development of regenerative medicines to provide more effective solutions for chronic conditions are driving the market. Cell therapy is one of the fastest-growing segments of the regenerative medicine domain. Novartis’s Kymriah was the first cell therapy solution offered to treat B-cell acute leukemia, which opened opportunities for this emerging treatment therapy. Moreover, RepliCel, a regenerative medicine provider, has a wide range of regenerative medicine products in the pipeline, with three products—RCH-01, RCS-01, and RCT-01—in the development phase. Further, Sernova is engaged in the development of regenerative medicine technologies and has a huge pipeline of products for conditions, such as Diabetes, Hemophilia A, and hyperthyroidism. Thus, rising adoption of regenerative medicines drives the growth of the cell therapy market.
Vericel Corporation; MEDIPOST; NuVasive, Inc.; Mesoblast Limited; JCR Pharmaceuticals Co. Ltd.; Smith & Nephew; Bristol-Myers Squibb Company; Cells for Cells; Stemedica Cell Technologies, Inc; and Castle Creek Biosciences, Inc. are among the companies operating in the cell therapy market.
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Organic Fertilizers Market to Boom in Near Future by 2027: Business Opportunities, Industry Analysis and Forecast
The organic fertilizers market was valued at US$ 6,181.99 million in 2018 and is projected to reach US$ 15,168.62 million by 2027; it is expected to grow at a CAGR of 10.6% from 2019 to 2027.
Organic fertilizers are produced from natural sources such as animal matter, manure, vegetable matter, and human excreta. It is a vital element that promotes the growth of micro-organisms present in the soil. The nutritional content of the organic fertilizer depends upon its composition. Organic fertilizers are easy to use and are also food safe compared to synthetic fertilizers.
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Synthetic fertilizers can cause harm to the environment as well as to the living creatures, due to which the companies have developed organic fertilizers to reduce the damage. The increase in organic farming is one of the important factors driving the growth of the organic fertilizers market. The growing health awareness among consumers is driving the demand for organic products. As the consumers consider organic products as safe and healthy, there has been a significant increase in the organic farming across the world, which, in turnis propelling the growth of the organic fertilizers market.
Market Insights
· Growing Consumption of Organic Food Products
At present, people are making themselves aware of healthy ways of living. Smarter consumers prefer to eat healthily and spend on healthy foods rather than spending on medical treatments. Constant checks are made on certified organic products and the use of organic fertilizers to reduce the chances of diseases like cancer, brain damage, or infant abnormalities that can be caused due to the use of chemical fertilizers. The crops and foods grown with the application of organic fertilizers are highly nutritious and are fresh and healthy to consume compared to conventional food. The organic crops also contain a high level of minerals, vitamins, and antioxidants. They are also free from chemical fertilizers and pesticides.
· SourceInsights
Based on source, the organic fertilizer marketis segmented intoplant, animal, and mineral.The animal segment accounted for the largest share in market in 2018, and the plant fertilizer segment is expected to register the fastest CAGR during 2019–2027. Animals, fish, and birds proffer organic fertilizers that help the plants to grow. Animal-based organic fertilizers also contain nitrogen, phosphorous, and potassium that act as the primary nutrient for the growth of plants. Supplementing the soil nutrients with animal-based organic fertilizers such as manure, bat or seabird guano, blood meal, bone meal, and fish products makes the soil suitable for the growth of fruits, vegetables, and other crops.
Mergers and acquisitions, and research and development are commonly adopted strategies by companies to expand their footprint worldwide. The organic fertilizer marketplayers such as Coromandel International Limited, Italpollina S.p.A., Krishak Bharati Cooperative Limited, National Fertilizers Limited, and Scotts Miracle-Grohave been implementing these strategies to enlarge the customer base and to gain significant market share in the world, which also allows them to maintain their brand name globally.
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