The burgeoning consumption of packaged foods, on account of the booming population, rising urbanization rate, mounting disposable income of people, and flourishing e-commerce sector will augment the adoption of ultraviolet (UV) curing technologies in the food and beverage sector in the coming years. Since UV curing systems are ideal for use in adhesive, printing, and coating applications without compromising the quality and safety of the food products, they are being increasingly deployed in the packaging of food products and beverages.
Additionally, the usage of such systems in the food and beverage sector also facilitates the food and beverage production process. Moreover, the surging adoption of the UV light-emitting diode (LED) technology for manufacturing consumer electronic products, such as tablets, TVs, and mobile phones, will drive the UV curing system market at a CAGR of 8.8% during the forecast period (2019–2024).
The market revenue stood at $1.4 billion in 2018 and it is expected to reach $2.4 billion by 2024. The increasing preference for UV LED systems can be attributed to their various beneficial traits such as lower operational costs, low power consumption, and faster curing than that offered by the conventional UV systems. Additionally, the furniture manufacturing sector is also deploying UV curing systems for curing the coatings on substrates, such as wood, for providing high-quality finishing and reducing the drying time.
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Owing to these advantages, the usage of such systems helps in improving the productivity of furniture manufacturing units worldwide. The application of UV-cured coatings on substrates offers protection against external agents, such as accidental chemical spills, corrosion, and moisture. Thus, the burgeoning demand for furniture, primarily on account of rapid urbanization, will propel the deployment of UV curing systems in the coming years.
This market research report provides a comprehensive overview of the market
- Future potential of the market through its forecast for the period 2020– 2030
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
Latest Research Report on “Sports Medicine Products Market” Added by Analytical Research Cognizance which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production), & Consumption Analysis
This report studies the global market size of Sports Medicine Products Market in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Sports Medicine Products in these regions.
This report also studies the global Sports Medicine Products market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by End User
The rising incidence of various chronic conditions and diseases such as Parkinson’s disease, diabetes, and Alzheimer’s disease is pushing up the demand for stem cells and cord blood cells across the globe, on account of the fact that these therapies can help considerably in organ transplantation, tissue grafting, drug testing, and the development of regenerative medicine.
This is subsequently pushing up the requirement for biobanks and biobanking solutions across the world.Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/biobanking-market/report-sampleDue to the aforementioned factors, the demand for biobanks is growing rapidly across the world.
This is driving the advancement of the global biobanking market.
As a result, the valuation of the market is predicted to surge from $25.8 billion in 2018 to $36.8 billion by 2024.
Furthermore, the market is predicted to progress at a CAGR of 6.2% between 2019 and 2024.
Depending on offering, the market is divided into services, software, equipment, and consumables.Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry-url=biobanking-marketHence, it can be said with full confidence that the demand for biobanks will surge all over the world in the coming years, primarily because of the rising incidence of chronic diseases, the soaring geriatric population, and the allocation of huge funds for the development of biobanks in healthcare facilities around the world.
Biocides Market is expected to witness significant growth over the forecast period owing to rising demand from end-user industries including paint & coatings, personal healthcare, food & beverage and water treatment.
Furthermore, growing need for portable water in industrial and domestic application primarily due to rising population is anticipated to drive the market growth over the next eight years.
In addition, the growing awareness of biocides in food & beverage application is further projected to propel the sector demand over the forecast period.
Halogen compound segment was accounted for more than 25% market share in 2015 and expected to witness similar trend over the next eight years owing to its low cost and increasing its raw material availability such as bromine, chlorine, and iodine.
Organosulfurs segment is also expected to witness proliferated growth by 2024 majorly due to rising awareness regarding products that possess antibacterial and antifungal properties to inhibit microorganism growth on metal or plastic surfaces.
The biocide market is highly competitive primarily to the presence of several domestic and international suppliers.
A business intelligence report on the global Dredging market offers quantitative estimation of the opportunities and qualitative assessment various growth dynamics.
The study highlights estimations of the opportunities in the historical period, and offers several projections during the forecast period.The following are taken into consideration:Historical Period: 2015 – 2019Forecast Period: 2020 – 2030Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=922Key Focus Areas of Report on Global Dredging MarketThe study on the Dredging market includes detailed market estimations of opportunities in various segments and their share/size globally in each year during the forecast period.
The following are the broad insights that form the backbone of the evaluation of the Dredging market.Detailed segmentation to at least two levels based on various parameters that include region, end user/application, and product/technology/service type/modelCurrent valuation of all the key segmentsProjected CAGR of the key segments from 2020 – 2030Qualitative analyses of the growth trajectory of the Dredging market year-over-year; these include scrutiny of the key growth dynamics: drivers, restraints, winning imperatives for players, challenges, and opportunitiesProfile of prominent players in the Dredging marketStrategies and Recent Moves made by them to consolidate their positionsCOVID-19 disruptions in macroeconomic dynamics that will shape the future contours of the market dynamicsAttractiveness of key product/technology segmentsSegmental Analysis Comprise the following.Based on End-use Industry/Application,GovernmentOil and Gas CompaniesMining CompaniesRenewablesBased on Product/Technology,Trade ActivityTrade MaintenanceEnergy InfrastructureUrban DevelopmentsBased on Region,North AmericaLatin AmericaEuropeJapanAPEJMEATop players includeNational Marine Dredging CoHyundai Engineering & Construction Co., Ltd.Penta-Ocean Construction Co., LtdToa CorporationWhat Businesses Can Hope to Get in Business Intelligence on Dredging Market?The study insights on the Dredging market growth dynamics and opportunities highlights various key aspects, in which crucial ones are:Which are the technology and strategic areas that emerging, new entrants, and established players should focus on keep growing in the industry-wide disruptions that COVID-19 has caused?Which new avenues bear incredible potential during the ongoing COVID-19 lockdown restrictions?Which policies by governments can give the top stakeholders support their efforts of consolidation?What new business models are gathering pace among companies to remain agile in post-COVID-era?Which segments will see a surge in popularity in near future, and what calibrations players need to make to utilize the trend for an elongated period?To Know More Information about This Report, Ask The Analyst @ https://www.factmr.com/connectus/sample?flag=AE_id=922Insights and Perspectives that make this Study on Dredging Market Stand OutThe analysts who have prepared the report have been keen observers of the dynamism due to macroeconomic upheavals.
Using the best industry assessment quantitative methods and data integration technologies, they have come out with a holistic overview of the future growth trajectories of the Dredging market.
Fact-based insights and easy-to-comprehend information based on wide spectrum of market data is what makes this study different from competitors.The following evaluations create a differentiating approach towards understanding the market dynamics and presenting the crux to its readers:The analysts harness rigorous statistical analytical tools combined with their expertise to identify imminent investment pockets in various regions and in various technology segments.The study offers a broad framework for businesses to assess the change in policies on their internal growth dynamics.The study strives to offer a multi-dimensional and inter-industry evaluation of the market impacts on recent mergers and acquisitions, deals and partnerships, and venture funding.The analysts have presented this information in easy-to-understand formats.About Fact.MRFact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports.
We believe transformative intelligence can educate and inspire businesses to make smarter decisions.
The Business Research Company published its Recreation Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global recreation market.
The report covers the recreation market’s segments- amusements, arts, sports amusement parks, gambling, museums, historical sites, zoos, and parks, independent artists and performing art companies, sports and arts promoters, spectator sports, and participatory sports.View Complete Report:https://www.thebusinessresearchcompany.com/report/recreation-global-market-reportRecreation Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It also compares the market’s historic and forecast growth.
It covers all the regions, key developed countries, and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Enhancing amusement park attractions according to customer experiences, technological advancements, and offering virtual reality experiences for people are the trends witnessed in the recreation industry.
