Friday, April 30, 2021

Food Packaging Market Trends And Industry Size, Forecasts Till, 2014 - 2025: Million Insights

Food packaging is a method to protect food from contamination & damage enhance the shelf life of a food product. Packaging food is a combination of science, art and technology that is used in the transportation and selling of foods. The primary role of food packaging is to protect food from the external factors& damage and provide information regarding food ingredients and nutrition to the consumers. The food packaging market is expected to register a CAGR of 5.1% over the forecast period as the scope, product types, and its applications are increasing across the world.

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The factors that play an important role in the growth of food packaging industry include increasing demand for processed food, increasing urbanization, rising disposable income, and stringent government rules & regulations regarding food safety. Moreover, improving shelf life of food products, changing lifestyle & eating habits, and crisp marketing by key manufactures are the factors which are expected to boost the growth of the market in the years to come. However, fluctuating prices of raw materials and side effects of packaging food on health are negatively affecting the growth of market. The food packaging industry is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate, and others. The market is categorized based on type, material, application and geography.

Types that could be explored in food packaging market comprise rigid packaging, flexible packaging, semi-rigid packaging, and others. Flexible food packaging is expected to hold the largest market share in the forthcoming period due to its ability to form lighter, thinner, and compact packing. Also, shifting demand from rigid to flexible packing solution, technological innovations in product development, increasing trend of smaller packaging and cost-effective material are likely to boost the demand for flexible packaging during the projected period.

Applications such as dairy product, bakery & confectionary, meat & seafood, fruits & vegetables, sauces & dressing, and others may be explored in food packaging industry in the future period. Bakery & confectionery is expected to be the largest application due to growing demand for candies, cakes and frozen ready-to-eat bakery products. Food packaging may be explored by material such as plastics, cardboard, aluminum, metal, glass and others. Plastic packaging is expected to hold the highest market share during the forecast period due to its superior properties.

Plastic Processing Machinery Market is Expected to Show a Significant Growth During the Forecast Period 2014 - 2025

Global Plastic Processing Machinery Market is expected to reach USD 43.7 billion by 2025. Plastic is a material with very large molecules considered by low melting points, light weight, high strength-to-weight ratios, and high corrosion resistance. Plastic Processing Machinery is also termed as plastic forming machine, or plastic molding machine is a machinery that uses plastic resins to manufacture final plastic products using blow molding and casting, compression molding, injection molding, and extrusion molding. The plastic resins used may be recycled or new. The plastic processing machinery market is estimated to grow at a significant CAGR over the future period as the scope and its applications are rising enormously across the globe.

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Rising demand for packaged products like food and beverages and development of enhanced packaging equipment are documented as major factors of Plastic Processing Machinery Market that are estimated to enhance the growth in the years to come. However, strict government policy regarding use of plastic and its harmful effects on surrounding may restrain overall market growth in the coming years. Plastic Processing Machinery industry is segmented based on product type, end users, and region.

Rotational Molding Machine, Injection Molding Machine, Extrusion Molding Machine, Blow Molding Machine, and Compression Molding Machine are the product types that could be explored in Plastic Processing Machinery in the forecast period. The injection molding machine (IMM) sector accounted for the largest market share and is estimated to lead the overall market in the coming years. This may be because of high demand from manufacturers producing injection molding parts.

The market may be categorized based on end users like consumer goods, construction, packaging, automotive, and others that could be explored in Plastic Processing Machinery in the foremost period. The packaging sector accounted for largest market share and is estimated to lead the overall market in the coming years. This may be because of high demand for packaged food like ready-to-eat meals, breakfast cereals, and baked foods.

Globally, Asia Pacific accounted for the largest market share of Plastic Processing Machinery and is estimated to lead the overall market in the coming years. The reason behind the growth of overall market could be availability of land along with skilled labor at low cost and expansion of industries like electronics, construction, and automotive. The developing countries like India and China are the major consumer of Plastic Processing Machinery in the region.

Polychlorotrifluoroethylene (PCTFE) Market key players insight & growth driver analysis 2014 - 2025

Global Polychlorotrifluoroethylene (PCTFE) Market is anticipated to reach USD 683.1 million by 2025. Polychlorotrifluoroethylene (PCTFE) is an artificial resin developed by the polymerization of chlorotrifluoroethylene. It is extremely resilient to high chemicals and temperature. Polychlorotrifluoroethylene (PCTFE) is mainly used for specialty applications in electrical, aerospace, and chemical industries. It is like Teflon with small change in chemical structure. PCTFE offers exclusive mixture of mechanical and physical properties.

Polychlorotrifluoroethylene (PCTFE) boasts of high optical transparency, non-flammability, near zero moisture absorption, and chemical resistance. Once cooled, Polychlorotrifluoroethylene gets trahttps://www.millioninsights.com/industry-reports/polychlorotrifluoroethylene-pctfe-market/request-samplensparent, lighter, and more elastic. The factors that drive the growth of the Polychlorotrifluoroethylene industry include increasing demand for polychlorotrifluoroethylene (PCTFE) in the aerospace industry to produce valve seats, gaskets, and diaphragms because of its superior and light weight thermal resistance.

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On the other hand, there are factors that may hamper the growth of the market such as high cost of raw materials and comparatively lesser production volumes of PCTFE in comparison with its counterparts. Additionally, low chemical and thermal resistance as compared to low-cost replacements such as PTFE, is anticipated to hinder market growth. Polychlorotrifluoroethylene market is anticipated to grow at a significant CAGR of 4.0% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Polychlorotrifluoroethylene (PCTFE) industry may be explored by product form, applications, end user and geography. The market may be explored by application as Films, Coatings, Wires & Tubes, and Others. The “PCTFE Films” dominated the PCTFE Market in 2017 and anticipated to maintain its dominance by 2025. The usage in the pharmaceutical industry to offer moisture resistance to drugs. In addition, growing use of the product in manufacturing blister packing is anticipated to drive the demand in the years to come.

The market may be explored by end user as Pharmaceutical, Aerospace, Electrical & Electronics, and Others. The “Pharmaceutical” dominated the PCTFE industry in 2016 and anticipated to maintain its dominance by 2025. These may be because it can resist the drugs against temperature, moisture, and UV radiation. Also emerging pharmaceutical industries in developing countries as rising awareness regarding consumer health may positively influence the market in the years to come. The industry may be explored by product form as Powder, and Granule.

Thursday, April 29, 2021

Battery Market Growth Trends & Scope , Product Estimates & Strategy Framework To 2014 - 2025: Million Insights

Global Battery Market is expected to reach USD 132.55 billion by 2024. Battery is known for creating electricity using metals or liquids that are good conductors of electricity. The battery has two electrodes, which are positive and negative ends. It is made up of three key constituents like electrolyte, anode, and cathode. Batteries that must be thrown away after use are termed as primary batteries; whereas the batteries that can be recharged are termed secondary batteries. The Battery Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

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Low cost of raw materials, growth in need for security of energy supply, emerging several novel applications for batteries, technological enhancement, and growing disposable income are documented as major factors of Battery Market that are estimated to enhance the growth in the years to come. However, presence of alternatives like diesel generators and fuel cells may restrain overall market growth in the coming years. Battery Market is segmented based on type, application, and region.

Nickel Cadmium (NiCD), Lead Acid, Nickel Metal Hydride (NiMH), Lithium-Ion (Li-ion), and other types could be explored in Battery in the forecast period. Lead acid batteries sector accounted for the substantial market share of Battery and is estimated to lead the overall market in the coming years. The lithium-ion batteries sector is estimated to grow at highest CAGR with fastest pace in the coming years.

The market may be categorized based on applications like batteries, automotive batteries, power tools batteries, industrial batteries, portable batteries, and others that could be explored in the forecast period. Automotive batteries sector accounted for the significant market share of Battery and is estimated to continue its dominance in the coming years.

Globally, Asia Pacific accounted for the significant market share of Battery and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be growing demand for industrialization and automobiles and high demand from consumer electronics. The emerging countries like India and China are the key consumers of Battery in this region.

Instead, Europe and North America are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. However, Europe is estimated to grow at fastest pace with the highest CAGR in the foremost period.

Automotive Tire Market Sales And Industry Forecasts Till, 2014 - 2025: Million Insights

Automotive Tire Market may be explored by type, application, and geography. Automotive Tire Market may be analyzed by type as Bias, and Radial. The “Radial tire” segment led the Automotive Tire Market in 2015 and is anticipated to maintain its dominance by 2024. The key application that could be explored in the Automotive Tire Market include LCV, Passenger cars, Two wheelers, and HCV.

Asia-Pacific accounted for the major share of the Automotive Tire Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include developing economy of most of the nations in this region. Asia-Pacific is followed by Europe and North America.

Some of the key players that fuel the growth of the Automotive Tire Market comprise Continental AG, Bridgestone Corporation, Michelin, Pirelli & C. S.p.A, Sumitomo Rubber Industries, Ltd., Madras Rubber Factory Limited, The Goodyear Tire & Rubber Co., JK Tyre & Industries Ltd., CEAT Ltd, and The Yokohama Rubber Co. Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Automotive Tire Application Outlook (Revenue, USD Billion, 2014 - 2024)

    • Passenger cars

    • LCV

    • HCV

    • Two wheelers

Connected Car Market Price, Size & Scope, Product Estimates & Strategy Framework To 2014 - 2025

Global Connected Car Market is anticipated to reach USD 180.30 billion by 2022. Connected car implies a car equipped with internet access and wireless local area system. The factors that propel the growth of the market include rising number of automotive manufacturers, roadblocks and traffic congestion. On the other hand, there are factors that may hamper the growth of the market including high cost of connected car hardware.

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The market is anticipated to grow at a significant CAGR of 28% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Connected Car Market may be explored by technology, application, solutions, product and services, and geography.

The market may be explored by technology as 3G, 4G/LTE, and 2G. The key applications that could be explored in the Connected Car market include Infotainment, Navigation, and Telematics. The market could be explored based on solutions as tethered, Embedded, and integrated. Market may be analyzed by product and services as Wireless and Cellular Modules, Sensors, Processors, Aftermarket Services, Fleet manager, and OEM Services.

Asia-Pacific accounted for the major share of the Connected Car Market Size in 2014 and will continue to lead in the forecast period. The factors that could be attributed to the growth include significant demand for automobiles in the region coupled with a comparatively untapped market for urbane automotive infrastructures in the county. Asia-Pacific is followed by North America region.

Wednesday, April 28, 2021

How much revenue can an Plastic Additives manufacturing plant generate?

The market is subject to witness a substantial growth due to the increasing demand for various industrial applications such as property modifiers, extenders, stabilizers and processing aids. Advantages of the plastic additives such as resistance to microbial activities, antioxidants, ultra-violet stabilizer, plasticizers, and impact modifiers, which are critical for compound formulations in order to enhance chemical and physical properties, are expected to foster market growth over the forecast period.

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Globally, the plastic additives market is predicted to grow at CAGR of 4.5% in forecast period, providing numerous opportunities for market players to invest in research and development of the market. Additionally, increasing industrial activities, growing manufacturing output and strong economic growth in the Asia Pacific region is expected to expand market reach of the plastic additives industry over the forecast period.

Favorable laws and regulation by governmental and international authorities such as EC (Beaches European Commission) and amendments in the Restriction of Hazardous Substances (RoHS) that monitors use of plasticizers, flame retardant and other additives are anticipated fuel market growth in the upcoming years. However, excessive use of plasticizers, flame retardant and other additives causes adverse effects on human health and the environment condition, thereby restraining market growth to a certain extent.

Yet, the recent technological advancement and introduction of new methodologies for the production of the plasticizers, flame retardant and other additives are anticipated to boost market demand in the upcoming years. Variation in the price of raw materials along with lack of availability are expected to limit market progress substantially. Changing market dynamics regarding availability of raw material in the Middle East region are further negatively affect market growth, in the recent years.

Additionally, easy availability of the alternative products such as polycarbonate (PC) and poly-acrylic (PMMA) coupled with lowered process are further affecting market performance of the plastic additives industry. Although, increasing demand from electrical and electronic manufacturing industry is expected to sustain market the growth of the market over the forecast period.

Pressure Sensitive Tape Industry Economic Landscape & Scope Till, 2014 - 2025: Million Insights

Global Pressure Sensitive Tape Market is anticipated to reach USD 69.26 billion over the forthcoming period. Pressure sensitive tapes are also known as “PSA Tape”, or “Adhesive Tape”. Pressure sensitive tape is an adhesive tape that could be stuck with application of pressure, without the solvent (such as heat or water) for initiation. It is mainly used in the institutions, industry, office, home for several purposes.

The factors that propel the growth of the Pressure Sensitive Tape industry include increasing demand for Box/sealing, extensively used for packaging, labelling, sealing, electric insulation, general-purpose, and stationery applications. On the other hand, there are factors that may hamper the growth of the market including severer rules concerning solid waste disposable. Pressure Sensitive Tape Market is anticipated to grow at a significant CAGR of 6.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Pressure Sensitive Tape industry may be explored by backing material type, product type, application and geography. The market may be explored by backing material type as PVC, Polypropylene, Paper, and Others. The “Polypropylene” segment led the Pressure Sensitive Tapes Market in 2016 and is anticipated to maintain its dominance by 2022 due to cost effectiveness, high-tear resistance in mid-direction & cross-direction, and well stability skill.

The key application that could be explored in the market include Building & construction, Packaging, Electrical & electronics, Health & hygiene, Automotive, and Others. The “Packaging” segment led the pressure sensitive tape industry in 2015 and is anticipated to maintain its dominance by 2022 due to its biodegradability and low carbon footprint. The industry could be explored based on product type as Masking Tape, Electrical Tape, Carton sealing Tape, Double sided Tape, and Others.

North America accounted for the major share of the Pressure Sensitive Tape Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes rising building activities in the US and organization growth in Canada and Mexico. Additionally, development in the US food & beverages segment is expected to drive the demand in the forecast period. North America is followed by Asia-Pacific.

Some of the key players that fuel the growth of the Pressure Sensitive Tapes industry comprise3M, Kruse Adhesive Tape, Vibac Group S.p.a., Nitto Denko Corporation, H.B.Fuller, tesa SE, LINTEC Corporation, Surface Shields, Saint-Gobain, CCT Tapes, NICHIBAN CO., LTD, Advance Tapes International, Scapa Group plc., Lohmann GmbH & Co.KG., CMS Group of Companies. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Commercial Flooring Market Average Price By Player, 2014 - 2025

The global Floorings are essential components of any commercial structure that is gaining a wider prominence in applications that include automobiles, aviation, manufacturing, and aerospace. Technological advances and stylish trends have paved the way for market growth in the past few years along with users’ shift from regular flooring to cost effective yet eco-friendly flooring alternatives, made of bamboo, glass, polyester, and hardwood.

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In addition, the installation of novel products in residential and commercial domain emphasizing on innovative techniques have driven the commercial flooring industry in the recent years. The market is also influenced by increase of production in the automobile sector that demands car flooring. Overall, the commercial flooring market is expected to witness a significant CAGR in the forecast period.

Commercial flooring industry is driven by factors such as rise in the number of commercial and business spaces in emerging economies, coupled with rise in manufacturing sector. In addition, consumption of construction materials comprising floor coverings is likely to gain a significant CAGR in the forthcoming period. Rise in construction sector due to expansion of business on the global scale and change in lifestyle of people propel the market growth in the forecast period. In addition, rise in demand from automotive and manufacturing sector and refineries is likely to fuel the market growth in the forecast period.

Commercial flooring market is segmented by product, application, and geography. Product segment includes soft covering, resilient flooring, non-resilient flooring and seamless flooring. Application segment for commercial flooring industry includes healthcare, education, retail, leisure & hospitality, public buildings and commercial buildings.

Geographical segmentation for commercial flooring market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America market dominates the global market accounting for a higher market share and increase in infrastructural developments and urbanization. Asia-Pacific market accounts for a significant share in the global market owing to constant supply of raw materials and presence of manufacturing base in large. The key players in the commercial flooring industry include Tarkett, Mannington Mills, James Halstead, Nora, Tajima, Novalisa, Milliken Floor Covering, NOX Corporation and Toli Flooring.

Tuesday, April 27, 2021

Fluoroscopy Systems/Equipment Market Trends, Share & Scope, Product Estimates & Strategy Framework To 2014 - 2025

Global Fluoroscopy Systems/Equipment Market is anticipated to reach USD 4.74 billion by 2025. Fluoroscopy implies an imaging method that uses X-rays to Fluoroscopy is an imaging technique that uses X-rays to gain real-time moving images of the inner of an object. A fluoroscope permits a physician to understand the internal function and structure of a patient, so that the pushing action of the heart/the motion of allowing.

The factors that propel the growth of the Fluoroscopy Equipment industry include benefits of FPDs over image intensifiers, rising acceptance of adaptable imaging systems, reimbursement cuts for analog radiography systems, use of fluoroscopy in pain management, growing demand for minimally invasive methods, rising aged population, and the increasing occurrence of chronic diseases. On the other hand, the factors that may hamper the growth of the market include hazard of radiation from fluoroscopy methods. Fluoroscopy Systems/Equipment Market is anticipated to grow at a significant CAGR of 5.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Fluoroscopy Systems/Equipment industry may be explored by product type, application, end users, and geography. The market may be explored by product type as C-arms may further include Full Size C-arms, Mini C-arms, and Fluoroscopy Devices. The “C-arms” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to wide applicability and high cost-efficiency in diverse arenas such as orthopedics, vascular surgery, traumatology, for intraoperative imaging, and others.

The key applications that could be explored in the Fluoroscopy Equipment Market include Cardiovascular, Orthopedic, Neurology, General Surgery, Pain Management & Trauma, Gastrointestinal, Urology, and Others. The “Cardiovascular” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to suitable strength of its energy projections has extended possibility for development over the years to come.

The fluoroscopy systems industry could be explored based on End users as Specialty Clinics, Hospitals, and Diagnostic Centers. The “Hospital” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to helpful substructure simplifies effective surgical methods, which mandates the adoption of C-arms and fluoroscopy devices, thus, subsequent in the higher share of hospitals.

North America accounted for the major share of the Fluoroscopy Systems Market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes growing occurrence of overuse rising prevalence of CVDs, sports injuries, and growing number of knee and hip replacement operations in the area are contributing to the huge share of North America.

Magneto Resistive RAM (MRAM) Market Growth and Forecast, 2014 - 2025

Global Magneto Resistive RAM (MRAM) Market is expected to reach USD 4.80 billion by 2025. MRAM is abbreviated as Magneto resistive Random Access Memory, also termed as Magnetic RAM or Magneto-Resistive RAM, is a process of storing data bits using magnetic states. It uses a non-volatile random-access memory technology and is power efficient. The MRAM device is termed as a spintronics device. The Magneto Resistive RAM industry is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

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Low power consumption, faster access time, and non-volatile data storage are documented as major factors of Magneto Resistive RAM Market that are estimated to enhance the growth in the years to come. However, memory density issue may restrain overall market growth in the coming years. MRAM industry is segmented based on types, end user, and region.

Toggle MRAM (T-MRAM) and spin-transfer torque (STT) MRAM are the types that could be explored in MRAM Market in the forecast period. The spin-transfer torque (STT) MRAM sector accounted for the significant market share of Magneto Resistive RAM (MRAM) industry and is estimated to lead the overall market in the coming years. The market may be categorized based on end users like robotics, enterprise storage, automotive, aerospace & defense, consumer electronics, and others that could be explored in the forecast period.

Globally, North America accounted for the largest market share of MRAM in terms of revenue and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be growth in research & development activities and presence of key manufacturers in the region.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise growing advancements in infrastructures of data centers and rising acceptance of cloud computing. The developing countries like India and China are the major consumers of MRAM in the region.

The key players of Magneto Resistive RAM (MRAM) Market are Crocus Nanoelectronics, Avalanche Technology, and Everspin Technologies. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

Monday, April 26, 2021

Medium Chain Triglycerides Market Growth Trends & Scope , Product Estimates & Strategy Framework To 2014 - 2025

The global medium chain triglycerides (MCT) market is estimated to cross a higher CAGR in the forecast period. Medium-chain triglycerides (MCT) are produced out of medium chain fatty acid along with carbon series. Usually, a medium chain triglyceride is made out of palm and coconut oil under laboratory conditions. Triglycerides are insoluble in water and are solvents with petroleum, alcohol, and fatty oil. Besides, MCT are used in medical domain in cases on anti-aging, epilepsy, and obesity.

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Medium chain triglycerides market is driven by factors such as rise in demand for medical applications in order to lessen the risks associated with cardiovascular disease and diabetes. In addition, increasing demand from food & beverage industry in emerging economies and availability of raw material are likely to have a positive impact on the market growth in the near future.

“Application” segment for medium chain triglycerides market includes food and medical. "Medical” segment is expected to account for a significant market share in the forecast period owing to increase in consumers’ awareness for health and diet. Product segmentation for medium chain triglycerides industry includes caprylic acid, lauric acid, capric acid, and caproic acid. Lauric acid and caproid acid are expected to rise at a higher CAGR in the forecast period.

Geographical segmentation for medium chain triglycerides market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America accounted for a higher CAGR in the forecast period due to rise in applications in surfactants, personal care, detergents, and food additive. Asia-Pacific’s market is expected to account for a positive traction in the forecast period due to the vastness of medical domain and unmet medical demands of patients. The key players in the medium chain triglycerides industry include Stepan Company, BASF, Jarrow Formulas, Barlean’s, NOW Foods, Wilmar International Limited KLK OLEO, and Lonza.

Who are the key manufacturers in the Field Service Management (FSM) market?

The global field service management (FSM) market size is expected to value at USD 4.1 billion by 2025. The market is subject to witness a substantial growth due to the increasing number of field campaigns around various end-user businesses like telecom sector, oil & gas industry, building & construction sector and energy & utilities industry. Moreover, growing demand for the field service management solutions by numerous small & medium-sized enterprises (SMEs) is also anticipated to fuel the growth of market over the forecast period.

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Globally, the field service management market is predicted to grow at CAGR of 10% in forecast period, providing numerous opportunities for market players to invest in research and development in the market. Some of the important factors such as complex management of inventory, improved inventory cycle time, higher asset cost, higher collection cost and unpredictable data regarding the stock exchange and higher cost of business operations, are driving market growth in the recent years.

Field service management software allows fortification of the functions performed by service sector thus enhancing overall profitability. Increasing adoption of handheld electronic devices, growing need for superior operational efficiency and reduced functional cost are expected to fuel the growth of field service management (FSM) industry in the upcoming years. Recent advancement in the cloud services that allows the incorporation of cloud solutions onto the field service management software are further augmenting market value of the field service management industry.

Growing competition in the market is expected to push industry players to further invest in the research & development of the field service management solution, offering innovative products and services, which in turn drive market growth over the next decade. Cloud security and numerous advantages over traditional platforms enables numerous organizations to opting for cloud based field service management software.

The field services are considered as one of the fastest growing segment in the field service management market with substantial revenue generation in the last couple of years. Growing popularity of the field services market segment is attributed to increasing penetration of smartphones and tablets across the globe. Field service management solutions are highly compatible with advanced mobile operating systems, thereby propelling market expansion, in the recent years.

Field service management software offers enhanced productivity that ultimately leads to an increase in overall profit. Furthermore, early adoption of the field service management software allows superior communication among the front office, management teams, and technicians. As operators and field labors pass minimum time for synchronizing logistical tasks, they can spend more time for client work, thus increasing overall efficiency.

With the introduction of technologies such as cloud solutions, big data, and modern analytics solutions is further offering lucrative opportunities for market players to develop innovative products in the field service management solutions to gain a competitive edge in the market. Increasing number of cloud technology service providers are offering an advanced level of Field service management solutions to cater demands of small, medium-sized, and large enterprises, thus driving market growth over the forecast period.

Small Wind Market Growth and Forecast, 2014 - 2025 : Million Insights

Small wind turbines find regular use in developed and developing economies and are basically used in rural areas across the domestic and international market. Small wind turbines are specifically used to power business institutions, schools, colleges, farms, and various other entities. Overall, the small wind turbines are developed to cater to domestic and international market. Currently, the market trends incorporate energy needs to be driven by rural to urban migration, rise in per capita income, manufacture of energy based products, and worldwide growth in energy services.

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Small Wind industry is driven by factors such as rise in consciousness about renewable energy coupled with government regulation due to increasing carbon footprint and rise in global population. Surge in energy crisis, increase in fuel costs, and high dependence on non-renewable energy sources is likely to create favorable market conditions for small wind market in the near future.

“Mode of Installation” segment for small wind industry comprises on-grid and off-grid. Off-grid applications are expected to account for a significant growth during the forecast period due to rise in demand for off-grid application from the medium and large enterprises. Application segment consists of small-scale industries, domestic and commercial. Small-scale and commercial industries are likely to gain a significant CAGR in the forecast period owing to wide availability and affordability.

Type segmentation for small wind market is inclusive of horizontal axis wind turbine and vertical axis wind turbine. Vertical axis wind turbine is expected to account for a significant growth during the forecast period due to preference of installation. Geographical segmentation for small wind industry includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific market is expected to gain a significant CAGR in the forecast period due to increase in support by government for installation of wind turbines, rise in investment for wind energy projects and lowing of taxes to encourage the use of wind turbines at large.

Friday, April 23, 2021

4K TV (Television) Market Share, Trends & Scope, Product Estimates & Strategy Framework To 2014 - 2025: Million Insights

Global 4K TV (Television) Market is anticipated to reach USD 380.9 billion by 2025. The ultra-definition televisions are a mixture of 4K resolution, wide color gamut (WCG), high frame rate, and high dynamic range. 4K television is a major alteration in the television manufacturing. The competition among numerous 4K television sellers has increased over the past few years. The factors that propel the growth of the 4K TV industry include development in graphic technology in television and rising demand for high end electronics. On the other hand, there are factors that may hamper the growth of the market including high cost related with the 4K television. 4K TV Market is anticipated to grow at a significant CAGR of 21.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.


4K TV (Television) industry may be explored by screen size, technology, screen type, end user, distribution channel, and geography. The market may be explored by screen size as 52 – 65 inches, Below 52 inches, and Above 65 inches. The “52 - 65 inches” segment led the 4K TV market in 2016 and is anticipated to maintain its dominance by 2025 owing to fast introduction of advanced technologies such as Super Ultra High Definition (SUHD) and Quantum dot LEDs (QLEDs).

The 4K TV industry could be explored based on technology as Light Emitting Diode (LED), and Organic Light Emitting Diode (OLED). The market could be explored based on screen type as Curved Screen, and Flat Screen. The market could be explored based on end user as Public, and Household. The industry may be analyzed by distribution channel as Offline Store, and Online Store.

Asia-Pacific accounted for the major share of the 4K TV market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes huge acceptance along with declining prices of 4K televisions. Asia-Pacific region is followed by the North America and it is expected to grow over the forecast period due to increasing adoption.

Some of the key players that fuel the growth of the 4K TV industry comprise Samsung, LG Electronics, Sony Corp., Hisense, and Sharp Corp. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Aptamers Market Growth Rate And Industry Price Till, 2014 - 2025: Million Insights

Global Aptamers Market is anticipated to reach USD 8.91 billion by 2025. Aptamers implies peptide or oligonucleotides molecules that bind to target protein, nucleic acid, lipid molecules with a high specificity. Rapidly generated Aptamers are applied for specific detection, characterization, and inhibition of proteins. They have several characteristics and could be used as pharmaceutical leads, detection reagents, small molecules, efficient proteomic stages with antibodies, and the other aptamers.


The factors that propel the growth of the aptamers industry include strong trend of R&D savings in pharmaceutical and biotechnology industries, technological advancements, patent expiration of systematic development of ligands by exponential improvement technology (SELEX), and the low price and high productivity of aptamers in binding to large molecules as related to antibodies. On the other hand, there are factors that may hamper the growth of the market including low awareness of technology, and low-income countries. Aptamers Market is anticipated to grow at a significant CAGR of 28.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Aptamers industry may be explored by type, technology, application, end user, and geography. The market may be explored by type as XNA-Based Aptamers, and DNA-Based Aptamers, RNA-Based Aptamers. The “DNA-based Aptamers” segment led the market in 2016 and is anticipated to maintain its dominance by 2025; even though XNA-based aptamers will increase at the highest CAGR between 2015 and 2025 owing to increase in demand for nucleic acid-based diagnostic therapeutics and kits across the globe.

The key applications that could be explored in the aptamers market include Research and Development, Therapeutics Development, Diagnostics, and Other Applications. The “Diagnostics” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to introduction of novel diagnostic kits by major companies.

Automotive Film Industry Economic Landscape & Scope Till, 2014 - 2025

The global Automotive Film Market size is expected to value at USD 10.13 billion by 2021. The market is subject to witness a substantial growth due to the growing demand for automotive film in exterior and interior applications. The growing utilization of automotive wraps to protect vehicles with booming automotive industry and applications of automotive films in transit advertising is expected to drive growth over the next four years. Globally, the automotive film market is predicted to grow at CAGR of 12.0% in forecast period, providing numerous opportunities for market players to invest in research and development in the market. The growing automobile sector along with the rising consumer awareness, shifting focus towards regular maintenance of vehicles, and high-end demand for paint protection in order to avoid high maintenance costs is anticipated to fuel the growth of automotive film industry.


Moreover, rapid industrialization, urbanization and ever-growing population is leading to the rise in standards of living and increasing disposable income, thus driving the demand for vehicles across the globe. Other factors such as increasing demand for passenger vehicles, particularly in developed economies and rise in per capita income are expected to drive the growth of the industry over the forecast period.

The market is anticipated to expand with faster pace due to aggressive marketing strategies adopted by industry players and large investment in the OEM market. Furthermore, growing reference towards adoption of paint protection films in exterior part of the vehicle is on the rise majorly in the developed economies, thus influencing market growth over the forecast period. Automotive noise, vibration, and harshness (NVH) laminates is considered as one of the fastest growing segment in the automotive film market with substantial revenue generation in the last couple of years. Growing popularity of the automotive noise, vibration, and harshness (NVH) laminates is credited to the variation in the consumer preferences and requirement in the enhanced ride quality and comfort.

The automotive noise, vibration and harshness (NVH) laminates provides noise cancellation and limits harshness, thus substantially improving overall ride quality. These factors play a major in the growth of the automotive film industry, in the recent years. Increasing adoption of various components such as covered release liner, epoxy resin, polyester papers, scratch resistance casing, shades, metal composites, and UV inhibitors, thus enhances durability, improves overall shelf life of the product, and performance of window films recast period, which in turn is expected to aid market growth for window tints.

Development of co-extrusion technology, which is widely used during production of bio-based polyester film, is responsible for limiting use of fossil fuels and offer enhanced carbon footprint, thus attributing to the expansion of the automotive tinting film market in recent years. Increasing adoption of the multilayer nanotechnology during manufacturing of automotive films with the use of polyester, acrylic glass, and PEN resin is expected to accelerate market demand. Windshield is vital in vehicle as it provides protection against heat, ultra-violet rays and pollutants on a large scale. With the adoption of automotive films for the production of windshield further aids in the reducing heat and glare to offer better visibility.

The automotive film market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the increasing adoption of latest technologies in automotive sector, growing vehicle production, increasing demand of lavish& exotic vehicles in terms of production and sales, and existence of well-established automotive infrastructure. Asia-Pacific region is predicted to hold major market share in the automotive film industry with massive growth in forecast period.

Countries such as India, South Korea, China and Japan are leading the Asia-Pacific market with growing demand in automotive sector, increasing demand for window films through OEMs and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the automotive film industry are 3M Company, Eastman Chemical Company, LLC, Global Window Films, and The Solar Gard.

Thursday, April 22, 2021

Augmented Reality (AR) & Virtual Reality (VR) in Healthcare Market Segment And Industry Forecasts Till, 2014 - 2025

The global augmented reality (AR) & virtual reality (VR) in healthcare market size is expected to value at USD 5.1 billion by 2025. The augmented reality (AR) & virtual reality (VR) in healthcare industry is subject to witness a substantial growth due to the growing implementation of augmented reality (AR) and virtual reality (VR) in healthcare sector, increasing focus towards development of latest technologies, and recent infrastructural activities in healthcare sector.

Factors responsible for sustained market growth in the last few years include increasing focus on surgical simulations, diagnostic imaging, patient care management, rehabilitation, and pain management. Globally, the augmented reality & virtual reality in healthcare market is predicted to grow at CAGR of 29.1% in forecast period providing numerous opportunities for market players to invest in research and development in the augmented reality (AR) & virtual reality (VR) in healthcare industry.

Increasing adoption of advanced technologies such as augmented reality (AR) & virtual reality (VR) are expected to revolutionize the healthcare sector due to their vast set of applications such as virtual training exercises for surgeons during complex surgeries, 3-D OPDs simulations, phobia buster in mental health treatment, and chronic pain management.

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Virtual reality (VR) technology is widely adopted in Eye Movement Desensitization and Reprocessing (EMDR) therapy. Additionally, virtual reality (VR) technology aids in treatments such as autism therapy, depression therapy, cancer therapy and rehabilitation. Virtual reality (VR) technology based organ prototypes helps surgeons by preparing them for highly-sensitive and complex set of operations that require high accuracy, lessened complications and minimum trauma cases.

Growing popularity of augmented reality (AR) as a training and education tool is expected to widen the market reach in forecast period. Additionally, increasing use of augmented reality based apps include enhanced care for patients across the globe. Inception of highly advanced technology solutions such as vein visualization technology, which is implemented on a handheld scanner, helps healthcare professional, doctors and nurses to identify veins and valves accurately in time constrained environment to reduce pain during surgical procedures.

Various augmented reality (AR) android & iOS apps helps healthcare in aftercare of patients and aids elderly people to administer their medications intake. The rise in adoption of augmented reality (AR) & virtual reality (VR) is not only allows better patient care management but also offers real-time services, thus expanding market reach in the forecast period.

Augmented reality (AR) market segment has witness substantial growth over the forecast period owing to factors such as increasing preference toward AR as a training and education tool by healthcare professionals. Recent technological advancement and growing infrastructural activities in healthcare sector has paved way for increasing demand for augmented reality (AR) in healthcare IT industry.

Other factors attributing to the growth of AR market segment are assistance in patient care & management services, and medical imaging along with head-mounted displays. Growing popularity of augmented reality (AR) in fitness management due to development of numerous AR-based wellness and fitness apps, are transforming the fitness sector.

The augmented reality (AR) & virtual reality (VR) in healthcare market is divided by region such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest technologies in medicine and pharmaceutical sector, growing prevalence of neurological & psychological disorders, and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the augmented reality & virtual reality in healthcare industry with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific market with rise in the prevalence of chronic diseases, and increase in number of internet & smartphone users, rise in government initiatives for adoption of digital & advanced technologies and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the augmented reality (AR) & virtual reality (VR) in healthcare market are Intuitive Surgical, Inc., CAE Healthcare Pvt. Ltd., 3D Systems Incorporations, Hologic Incorporations, and Laerdal Medical Corporations.

Who are the key manufacturers in the RFID (Radio Frequency Identification) Technology market?

The global RFID (Radio Frequency Identification) Technology Market estimated to touch US$ 40.5 billion by the completion of the prediction period. The market was appreciated by US$ 10.53 billion in the year 2015. The RFID technology likely to observe a stable development in the approaching years. It credited to the growing demand for tracing, following, and observing substances and beings for safety, security, and optimization of source. Such as the world, changes in the direction of Real Time Location Systems [RTLS], grids of sensor and Internet of Things [IoT], radio frequency identification instruments expected to perform more and more significant part in taking advantage of this expertise.

The RFID Technology market is estimated to develop at a CAGR of 14.7% for the duration of the prediction. The Radio Frequency Identification Technology industry on the source of Type of Application could span Transport & Logistics, Industrialized, Financial Services, Government, Healthcare, Retail, and Others.

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The subdivision of Retail is the biggest adopter of RFID tags. It tracked by the subdivision of industrialized. The subdivision of Retail projected to develop by a CAGR of 12.6%, in North America, during the period of approaching years. On the other hand, the subdivision of Government is estimated to observe a considerable development in the approaching years. The subdivision of Healthcare too expected to show an important acceptance of the expertise.

The Radio Frequency Identification (RFID) Technology market on the source of Type of Frequency could span Ultra-High frequency, High Frequency, Low Frequency. The technology of Radio Frequency functions on the lower end of the electromagnetic band and generally functions in the variety from 10 kHz to 100 MHz The operative frequencies of RFID tags and interrogators’ separated into Ultra-High Frequency [433, 860 To 960 MHz], High Frequency [13.5 MHz] and Low Frequency [125 To 134 kHz].

However, tags with high frequency grasp the major stake of income. The tag with ultra-high frequency are likely to achieve speedy acceptance in the market, in the approaching years, due to their increasing demand in the fields of wireless device configurations, inventory management and pharmaceutical applications. The ultra-high frequency instruments has surpassed the high frequency tags by means of capacity. Yet, due to the greater price of high frequency tags, they produce great income for the sellers.

The Radio Frequency Identification Technology market on the source of Type of Product could span Middleware, RFID Readers, RFID Tags. The RFID (Radio Frequency Identification) Technology industry with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America [U.S.A, Canada and Mexico], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil], Middle East and Africa.

By the source of geography, North America grasps the biggest stake of market in the world. Attribute this to the significant usage of RF tags in the subdivisions of healthcare and sales. The area has highlighted an upsurge in the greater capability consignments in the current years, particularly in the U.S.A. This is region of the largest demand for tags. North America likely to develop by a strong CAGR of 14.0% above the prediction period.

Application Security Market Growth Rate And Industry Price Till, 2014 - 2025: Million Insights

The application security market on the source of Type of Testing could span Runtime Application Self-Protection [RASP], Dynamic Application Security Testing [DAST], Interactive Application Security Testing [IAST], Static Application Security Testing [SAST].

The Dynamic Application Security Testing [DAST] is estimated to considerably add to the income of the market, by way of a market scope of above US$ 4 billion by the completion of year 2025. It provides a number of benefits that take in coverage of wide-ranging susceptibility, incorrect optimistic reduction, complete code handling that consist of the outlines and libraries, and zero disturbance of process.

The application security industry on the source of Type of Services could span Professional, Managed. The subdivision of managed services was appreciated such as US$ 478.5 million in the year 2015 and is projected to increase grip due to robust obedience necessities. The market on the source of Type of Solutions could span Mobile application security, Web application security. The web application security solution was the biggest market in the year 2015. It was appreciated at US$ 1.75 billion and is projected to witness weakening development above the prediction period. The market for mobile application solution is estimated to develop by a CAGR of 25.9% for the duration of prediction.

The application security market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America [U.S.A, Canada], Europe [France, Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East and Africa.

By the source of geography, the business in the Asia Pacific is expected to observe sizeable development above the following years due to a number of expansions, particularly in the market for mobile application security. The provincial market is estimated to develop by a CAGR of 24.9% for the prediction period.

North America grasped the biggest stake in the international application security industry during latest past year owing to its speedy acceptance of state-of-the-art expertise. The existence of most important companies of application security solution, and stringent rules by businesses and government regarding the placement of IT tools for business procedures. This consequence in the widespread employment of security policies to avert cyber intimidations.

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The statement revises Trades in terms of intake of application security in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field of application security are White Hat Security, Qualys Inc., IBM, Vera code, and Hewlett Packard Enterprise.

Market Segment:

Application Security Solution Outlook (Revenue, USD Million, 2014 - 2025)
• Web application security
• Mobile application security

Application Security Services Outlook (Revenue, USD Million, 2014 - 2025)
• Managed
• Professional

Application Security Testing type Outlook (Revenue, USD Million, 2014 - 2025)
• Static Application Security Testing (SAST)
• Dynamic Application Security Testing (DAST)
• Interactive Application Security Testing (IAST)
• Runtime Application Self-Protection (RASP)

Application Security Deployment Outlook (Revenue, USD Million, 2014 - 2025)
• Cloud
• On-premise


Wednesday, April 21, 2021

Automotive Plastics Market Is Poised To Achieve Continuing Growth During Forecast Period 2014 - 2025

Global Automotive Plastics Market is anticipated to reach USD 68.5 billion by 2025. To make cars safer and fuel efficient, plastics are being used extensively. It renders vehicles lightweight and increases their fuel efficacy by reducing carbon emissions. The Automotive industry is a major market for plastic processors. The factors that propel the growth of the automotive plastics industry include strict government regulations regarding fuel consumption along with rising sales of automobiles, and growing use of plastics for the production of lightweight vehicles. In addition, decrease in vehicular emission, increasing prices of steel and iron, sturdiness, recyclability, and strength of modern plastics are expected to drive the market.


On the other hand, there are factors that may hamper the growth of the market including rising demand for biodegradable plastics, high process engineering cost, volatile cost of raw material, and high investment required in material research. Automotive Plastics Market is anticipated to grow at a significant CAGR of 11.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market may be explored by product type, application, and geography.

Automotive Plastics industry by product type could span Polyamide (PA), Acrylonitrile Butadiene Styrene (ABS), Polymethyl Methacrylate (PMMA), Polypropylene (PP), Polycarbonate (PC), Polyvinyl Chloride (PVC), Polyethylene (PE), and others. The “Polypropylene” segment accounted for the largest market share of the market and led the overall market in 2016; the reason being, at high temperature it has excellent chemical and electrical resistance; it is lightweight material, and is inclusively used as a noise & vibration dampener and thermal insulator in vehicular components. In addition, it is translucent, semi-rigid; and offers fundamental hinge property.

The key applications that could be explored in the Automotive Plastics Market include Chassis, Powertrain, Under the Hood Components, Electrical Components, Exterior Furnishings, and Interior Furnishings. The “Interior furnishings” segment accounted for the largest market share of the market in terms of volume had developed as the dominant application in 2016;the reason being use of plastics in automobile furnishings like fascia systems, light display & panels, steering wheels and seat covers; followed by Exterior furnishings.

Asia-Pacific accounted for the major share of the Automotive Plastics Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing manufacturing base and rising investments in advanced technologies of vehicular production and increasing production in developing regions like Thailand, China, Indonesia, India, and Vietnam; followed by Europe.

On the other hand, European market accounts for the significant share of Automotive Plastics industry in terms of revenue owing to use of advanced technology and high-quality plastics as they are energy effective and help in reducing the overall weight of the vehicle. In addition, automakers from European countries have to shift from diesel engines to electrified motors to meet higher emission standards.

Xylitol Market Growth, Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

Xylitol is a natural sugar alcohol that prevents cavities. Other sugar alcohols like sorbitol and mannitol are widely used in sugarless products. Xylitol is the sugar alcohol that greatly prevents cavity. It contains equal amount of sweetness and sugar volume and the granulated substance can be used in different ways just like the sugar is used. For example sweetening the cereals, for baking, hot beverages, etc.

Xylitol is naturally found in low concentrations in the fruit fibers and vegetables like oats, berries and mushrooms. In short, xylitol is a sugar substitute and this market is projected to grow considerably in the years to come with a CAGR of 6.6%. The application of xylitol sugar substitute will continue to grow since it holds less calories as compared to the original sugar. This has stimulated the acceptance of xylitol in various food stuffs.

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Studies on xylitol industry has analyzed the growing application of xylitol and this is one of the major factors for the growth of the market. Xylitol helps in losing weight and decontamination and therefore, it is being consumed by people in different forms across globe. Its consumption is high because it also acts as a dietary fiber that helps to maintain gastrointestinal system. It is also used in different products like baked foods, xylitol mints, chewable vitamins, mouthwash, toothpaste, and cough syrup due to its health-related benefits.

Globally, the rate of (BMI) body mass index and obesity is rising due to the change in lifestyle and unhealthy eating habits followed by the growing obese population due to lack of exercise. These major factors are expected to stimulate the growth of xylitol market in the forecast period. Additionally, it helps in reducing risk of contracting ENT-related & periodontal ailments and helps to maintain sugar level.

Over the years, producers are engaging themselves in continuous research and development activities for introducing new products and to cater to the growing demands for sugar-free products. Preventing the diabetes and obesity related health issues has become necessary among the growing population and this is triggering the growth of the market. However, the strict government regulations regarding xylitol as sweeteners are hindering the xylitol industry. Various regulatory bodies like food and drug association are following their own protocols concerning xylitol usage which is delaying the introduction of new xylitol infused products.

Apart from these, production of xylitol from corn cubs can be maintained well. Especially after harvesting corn, its cob can be used for the production of xylitol. The changing climate conditions are also predicted to affect the availability of sources; which, in turn, affects the entire production of xylitol. Also, for the production of xylitol, unadulterated xylose is required which is costly and has relatively less supply. Due to this, the price of xylitol is growing high which hampers the growth of xylitol market. Variation in supply and availability of substitute polyols like mannitol, sorbitol, and maltol among others are projected to act as a barrier to the growth of the market.

Xylitol industry is categorized on the basis of application and geography. On the basis of application, the market is divided into food and beverages (confectionaries, etc.), personal care, pharmaceuticals, and others. Geographically, the xylitol market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America is a major consumer of Xylitol and is predicted to hold larger share of the market. This is followed by other countries as well due to the increasing population globally.

Blood Culture Test Market Size, Share & Scope, Product Estimates & Strategy Framework To 2014 - 2025: Million Insights

Global Blood Culture Test Market is projected to reach USD 6.6 billion by 2025 owing to prevalence of blood infections and infectious diseases. Blood culture is a laboratory test wherein the patient’s blood is injected in bottles that contain culture media to determine the existence of infection-producing microorganisms like fungi or bacteria in the patient’s blood. It aims at confirming the existence of microorganisms in the blood, identifying the microbial etiology of the blood infection, helping to determine the infection source like endocarditis, and providing an organism for suspicion of testing and optimization of antimicrobial therapy. This test examines a sample of patient’s blood for yeast or bacteria that might be the root cause of infection. However, the growing demand for enhanced diagnostic techniques for the diagnosis of infectious diseases is expected to boost the blood culture tests market with a CAGR of 8.6%.


The blood infection, if left undetected, may lead to a severe and fatal condition called sepsis. The symptoms of bacteremia or initial bacterial infection are moderate or high fever, breathlessness, chills, muscular pain, palpitations, headache, tachycardia, and nausea. With the growth of infection, the indications also get serious; which may include dehydration, mottled skin, dizziness, confusion, drop in blood pressure, swelling, and organ failure.

Though blood samples are used for the detection of virus in blood, blood culture is essentially used to detect fungi or bacteria. Blood culture test is mostly done in combination with the other diagnostic tests like CBC (complete blood count) or the other chemical analysis. Different techniques like manual/conventional, automated and semi-automated methods could also be used to conduct blood culture test.

New product inventions, numerous regulatory approvals, rising sepsis conditions, growing number of infections in blood, increasing research & development of novel testing instruments and increasing number of adoptions for rapid diagnostic techniques are some factors that are bound to fuel blood culture test industry in the years to come. Additionally, the increasing elderly population and predominance of infectious disorders are the rest of key factors for the growth of the market.

However, costly automated instruments and shortage of skilled laboratory technicians are hampering the blood culture test market growth. Nevertheless, rising investments in Research & Development programs and increasing private and public healthcare expenditure are estimated to drive the market in the forecast period.

Tuesday, April 20, 2021

Tannin Market Scope, Product Estimates & Strategy Framework To 2014 - 2025: Million Insights

Global Tannin Market is anticipated to reach USD 3.39 billion by 2025. Tannin is an organic substance mainly present in tissues, yellowish or brownish bitter-tasting fruits, barks, leaves of several plants. It is also known as “Tannic Acid”. High content of tannin is present in plants. They protect them from growth regulation and predation. The fruits like organs, grapes, pecans, blueberries, strawberries, and cranberries are the rich source of tannin. Tannin are used in cuts and burns for lower the bleeding and healing, and in several applications.

The factors that propel the growth of the tannin industry include demand from food and beverages industry, advent of new technologies and R&D activities in automotive industry, and growing demand for wood adhesives. On the other hand, there are factors that may hamper the growth of the market including toxic properties of tannin on humans. Tannin Market is anticipated to grow at a significant CAGR of 6.7% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Tannin industry may be explored by source, product type, application, and geography. The market may be explored by source as Brown Algae, and Plants. The “Brown Algae” segment led the Tannin Market in 2016 and is anticipated to maintain its dominance by 2025.The key applications that could be explored in the market include Wine Production, Leather Tanning, Anti-corrosive Primers, Wood Adhesives, and Others. The “Leather Tanning” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to increasing consciousness among customers concerning the benefits of tannin, and diverse applications in clothing, automotive seats, and furniture.


The market could be explored based on product type as Hydrolysable, Phlorotannins, and Non-hydrolysable. The “Hydrolysable” segment led the tannin industry in 2015 and is anticipated to maintain its dominance by 2025 owing to anti-bacterial properties.

North America accounted for the major share of the Tannin Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include the increase in leather and wine consumption in the region, and Demand for tannin in the medical industry. On the other hand, India and China are anticipated to establish a prominent share in the forecast period.

Some of the key players that fuel the growth of the tannin industry comprise W. Ulrich GmbH, Tannin Corporation, Laffort S.A., and S.A. Ajinomoto OmniChem. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Functional Tea Market Segment And Industry Forecasts Till, 2021-2026: Innovation Market Research

Functional Tea refers to a series of teas that can contribute to bodily functions. In 2019, the market size of Functional Tea is xx million ...