Market Forecast

Market Forecast

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The Specialty Fuel Additives market was valued at US$ 7.13 Bn in 2018 and expected to reach US$ 11.20 Bn by 2027 at a CAGR of 5.8% throughout the forecast period from 2019 to 2027.Market Insights“Increasing usage for specialty fuel additives to reduce emission will spur revenue growth during the forecast period”With rising fuel price inflation globally, customers continue to scramble for ways to increase fuel efficiency.The combination of the benefits offered by special fuel additives, including the preservation of petroleum, exhaust emissions, enhanced safety, cost savings and performance enhancements, among others, is increasing the demand for specialty fuel additive markets.In order to meet regulatory standards of biofuel level many countries are anticipated to increase level of ethanol and biodiesel.This can be attributed to, product innovation in terms of quality, and stringent environmental regulations among others.Owing to the rapid industrialization and huge demand from various end use industries including construction, power generation and automotive among others.Apart from this implementation of stringent regulations for emission control in China, India and Japan among others are further bolstering the market growth in the region.Industrial DevelopmentsIn June 2018, Dorf Ketal Chemical Limited announced the launch of new fuel performance additive product line.
The global Nanocrystal market generated revenue of around USD 82.5 million in 2020 and anticipated to grow at a CAGR of over 16% during the forecast period from 2021 to 2027 to reach around USD 233.16 million in 2027.Any crystalline particle is called as nanocrystal only if one of its dimensions is measures under one thousand nm (nanometer).With its proven results, nanocrystals are broadly used in large number of applications across, medical electronics and aerospace industry.They have been used in the manufacture of filters that refine crude oil into diesel fuel.Due to this, nanocrystals are increasingly being used as a strengthening agent in the manufacturing of industrial biocomposites.It can be employed in numerous end-user industries including but not limited to food & beverage, personal care, composites manufacturing, paints & coatings, paper processing, and pharmaceuticals.With strict restriction being imposed by most of the nations across the world on all kind of activities except healthcare industry resulted into massive losses of this industry.
The seed coating market was valued at US$ 1.6 Bn in 2018 and expected to grow at a CAGSeed Coating MarketSeed Coating MarketSeed Coating MarketR of 8.3% during the forecast period from 2019 to 2027.Market Insights“Increasing global agricultural production drives the growth of the market”With a growing global population, demand for food products is also rising.Farmers around the world are demanding products that can increase crop yields to meet growing hunger needs.As a result, the demand for more advanced agricultural products, such as HYV seeds, increases the demand for the seed coating market.The U.S. market for seed treatment is estimated to be more than 3.4 billion by 2022.The new treatment product is launched for treating the rice crops and aims to make the rice plant more resilient and stronger.In October 2016, Sensient Colors LLC, launch a new coating system that enables seeds superior uniformity and color stability.The SensiCoat provides the seeds to differentiate themselves in the current competitive market.Key Market Movements:Globally, the seed coating market is rising at a CAGR of 8.3% for the estimated period from 2019 to 2027North America dominated the global seed coating market in 2018 and expected to remain dominant during the forecast period due to a surge in technological advances in seed coating.
Market InsightsThe CBD oil market is expected to grow at a CAGR of 32.5% during the forecast period from 2019 to 2027, starting from US$ 534.4 Mn in 2018.CBD helps reduce chronic pain, relieves stress and improves heart health.Rising expenditure on healthcare worldwide promotes the growth of the market.In addition, the use of CBD oil as a major ingredient in body and skincare products promotes market growth.For example, PureCBD Factory launched a new product in June 2019.Thereby, is one of the key factor supporting the growth of the market.Industrial DevelopmentsIn January 2020, Kadenwood, LLC.
The global emission control catalyst market is growing proficiently, projected to grow at a CAGR of 7.2% during the expected period from 2019 to 2027, starting from US$ 17.28 Bn in 2018.Aided by the adoption of cleaner fuels, improvements in advanced materials are synchronized by advancements in both automotive and engineering engines, which emit very low emissions.Moreover, adoption of advanced catalyst technologies like diesel particulate filter (DPF), selective catalytic reduction (SCR), three-way catalyst (TWC), and NOx reduction and storage catalysts will up surge the market growth on a global scale.“Growing industrialization and production of automobiles coupled with presence of top manufacturers across the globe will enhance the market”Growing automotive production in developing economies, such as India, Japan, Mexico, and China, due to favorable government policies and increasing consumer demand for vehicles, is likely to expand the market for emission control catalysts over the next few years.Moreover, presence of top automobile manufacturers and industrial players have increased their research & development (R), and investments towards manufacturing of catalytic converter systems.For example, in October 2018, Bharat Heavy Electricals Limited (BHEL) won a contract of approximately US$ 390 million from the National Thermal Power Corporation (NTPC) to supply emission control equipment.Get Sample Copy of This Report With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60218Industrial DevelopmentsIn December 2019, DRYREF™ syngas of Linde and BASF’s SYNSPIRE™ catalyst use CO2 as a feedstock, which enables the production of dry methane steam, thereby, reducing the CO2 emissions along with energy savings.Both companies have received the appreciation of “ICIS Award 2019”, towards best process innovation.In June 2019, BASF and Sichuan Lutianhua Co., Ltd. signed a memorandum of understanding (MoU) for developing a gas production plant, which involved in reduction of carbon emissions along with increase the production efficiency of dimethyl ether (DME) as compared to conventional process.Key Market Movements:Globally, the emission control catalyst market is rising at a CAGR of 7.2% for the estimated period from 2019 to 2027.Asia Pacific to holds a largest market share for emission control catalyst market over the forecast period.
Market InsightsThe public transport smart cards market was valued at US$ 57.20 Bn in 2018 and expected to grow at a CAGR of 10.20% during the forecast period from 2019 to 2027.“Increasing requirement of safe and reliable smart ticketing system will upgrade the market growth during the forecast period”Increasing fraud in public transport causes a huge loss of revenue for the nation.The train segment dominated the segment in 2018 terms of revenue as well as volume, this is due to the increasing number of individuals traveling through the train and deploying new technologies to enhance the services are major factors that are driving the segment.However, the light rail transit segment is expected to be the fastest-growing segment due to their lower capital costs.North America holds the second largest market share for the public transport smart cards market during 2018 due to the early adoption of the technology in the region and is anticipated to grow at a sturdy rate in the up coming years.In 2018 the US accounted for the largest market share based on countries in the North America region.Get Sample Copy of This Report With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60221 Regional Analysis“Dominance is led by the technological expansion in transit system coupled with rising demand for smart ticketing to drive the global public transport smart card market”The global public transport smart card market was dominated by Asia-Pacific holding a revenue market share of more than 40% in 2018.In addition, the increasing demand for smart ticketing systems from various countries, including India, China, Japan and others, is also contributing to the growth of the market.In addition, the smart card is also being adapted to reduce the fraud caused by individuals.Furthermore, certain contactless smart card technologies are likely to dominate certain geographical areas in the Asia Pacific region, and are also likely to dominate certain applications sectors.
Market InsightsThe Remote Browser market was valued at US$ 1838.5 Mn in 2018 and expected to grow at a CAGR of 17.9% during the forecast period from 2019 to 2027.“Rising data breaching cases increases the demand for remote browser globally”With the increase in digitalization, the use of remote browsers has increased.The demand for security solutions resulting from the adoption of remote browsers is increasing.Remote browser solutions helps the organizations to upgrade the security and remove viruses.The foresaid factor is one of the reason for the growth of remote browser market globally.Top manufacturers of remote browser are focusing to increase their product portfolio by launching new products in the market.Regional Analysis“North America holds largest share in the global remote browser market”The global remote browser market was governed by North America with more than 1/3rd of the market share in the year 2018.This is due to the presence of various cloud-based service providers in the country that offer various solutions and packages to large enterprises and SMEs for preventing cyber threats.Additionally, the presence of key players in the region such as Menlo Security, Inc., Symantec Corporation and others that provides remote browsing to the companies and individuals and protect their data from malware and ransomware is one of the factors which is driving the market in the region.Get Sample Copy of This Report With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60222 Industrial DevelopmentsIn March 2019, Cyberinc release new platform.
Market InsightsThe AI in energy management market was valued at US$ 5.10 Bn in 2018 and expected to grow at a CAGR of 21.2% during the forecast period from 2019 to 2027.“Growing adoption of artificial intelligence (AI) worldwide will drive the demand for AI in Energy Management Market”The increase in the adoption of artificial intelligence (AI) for low-carbon electricity generation, coupled with the need to forecast global energy use, is expected to drive AI in the energy management market throughout the forecast period from 2019 to 2027.The rapid technological shift in the energy sector and the increase in demand for renewable energy sources are some of the other factors expected to strengthen the global market in the coming years.In 2018, North America dominated the global market, backed by Europe and Asia Pacific.The rising focus on clean energy along with a surge in the deployment of artificial intelligence (AI) are also anticipated to drive the global market over the forecast period.The rise in investments coupled with the launch of new & innovative solutions are anticipated to drive the market in years to come.For instance, in November 2019, Baker Hughes, C3.ai and Microsoft Corporation announced a strategic alliance to bring artificial intelligence (AI) solutions for energy management on cloud computing platform Microsoft Azure.The strategic alliance is presumed to helpful for the consumer is to simplify the adoption of AI solutions in the energy sector, which will help to promote reliability, safety, and sustainability.Get Sample Copy of This Report With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60223 Regional Analysis“The rise in the integration of AI in the energy industry to enhance North America growth”In 2018, North America was dominant in the global AI in energy management market.
Market Insights“Development of new products by top manufacturers worldwide will upgrade the growth during the forecast period”Health and skin benefits associated with tea increase global demand for tea-based skin care products.Green tea offers great healing properties and antioxidant herbs, providing various dermatological benefits to the skin.Thereupon manufacturers focus on the use of green tea in skin care products such as creams, lotions and serums.For example, Origins, a U.S.-based company, has been producing a variety of white tea skin care products for a number of years.Fresh, is a skincare company based in Boston.In addition, increasing demand for vegan and organic products and increasing online shopping trends are driving demand for tea-based skin care products worldwide.Top manufacturers in the tea-based skincare industry are mainly focusing on developing new products for better consumer experience.Regional Analysis“Rising Standard of living and increasing income of people in the region supports market growth”In 2018, Asia Pacific dominates the tea-based skincare products market.
The advanced cinema projector market was valued at US$ 96.2 Mn in 2018 and expected to grow at a CAGR of 9.9% during the forecast period from 2019 to 2027.Market Insights"The rapid growth of technological advancement in cinema projector worldwide boost the advanced cinema projector market"The worldwide increase in the cinema projector technology and rising global box office will enhance the advanced cinema projector market during the forecast period from 2019-2027.The growing entertainment industry globally along with an increasing preference for new and advanced entertainment devices and equipment anticipated to help in the market growth.Asia Pacific dominates the global advanced cinema projector market backed by North America and Europe in 2018.Rapidly increasing film industry worldwide expected to enhance the market in years to come.Increased cinema screens with new technological innovations such as digital, 3D, 4D, 5D and others will also enhance the market growth throughout the forecast period.The advanced cinema projectors offer high quality and high-definition images as well as 4K viewing accompanied by attractive colors, extensive details and high brightness.In 2018, China recorded the highest box office revenue valued at around US$ 7.9 Bn.The advent of advanced and new technology and rising investments for the growth of multiplexes in the region are some key factors anticipated to boost the market growth to the market in Asia Pacific.Industrial Developments In October 2018, Canon, Inc. launched a new advanced cinema projector LX-MH502Z.
The global Horizontal Directional Drilling (HDD) market generated revenue of around USD 7,500 million in 2020 and anticipated to grow at a CAGR of over 12.5% during the forecast period from 2021 to 2027 to reach around USD 18,000 million in 2027.Horizontal Directional Drilling (HDD) is a technique used for the installation of pipelines and cables beneath earth surface.Horizontal Directional Drilling is used for accurate and precise drilling.Horizontal Directional Drilling can perform drilling operations without or minimal destruction of the surrounding environment with lesser impact on ecosystem.This in turn save huge amount of money as well as time.Moreover, most of the infrastructure projects including electric transmission lines, oil & gas pipelines, etc.
The multihead weighers market is set to grow with a CAGR of 3.3% during the forecast period, starting from US$ 210.3 Mn in 2018.Market InsightsThe global multihead weighers market is driven by the large scale adoption of the food & beverages industry.The food & beverage industry is leveraging on the multihead weighers for accurate and automatic weighing of food items.Its high technical capabilities and compact design makes multiple weighers a suitable option for weighing in the food sector.The increasing shift among the organization towards the automation and requirement for accurately weigh to reduce the excess product giveaway is serving as a major force propelling the market growth.Market Snapshot: Global Multihead Weighers Market2.2.Global Multihead Weighers Market, by Geography, 2019 (US$ Bn) Market Dynamics3.1.
The livestock monitoring market was valued at US$ 1.39 Bn in the year 2018 and expected to reach US$ 3.45 Bn by the year 2027, expanding at a CAGR of 10.7% during the forecast from 2019 to 2027.Market Insights"Rising Penetration of Sensor Technology expected to boost the demand for Livestock Monitoring during the Forecast Period"The demand for meat is growing every year, while the requirements for quality and food safety are constantly rising as well.With the livestock industry continuously evolving, farms face the challenge of constantly making production more efficient, effective and sustainable.The care and management of individual animals as well as the management of their productivity are becoming more and more demanding.A tracking system helps livestock producers overcome the challenges of scale increases while ensuring their animals’ well-being.Instead of relying solely on farmers' senses and knowledge, on-site tracking sensors can provide reliable data about the location and physical condition of the animals.Whether the farmer is concerned with automatic feeding, sorting and separating, or weighing – all of the information needed for managing the animals individually is available in real time.The global livestock monitoring market is a fragmented market with the presence of large number of small and large players.Industrial DevelopmentsOn October 03, 2018, Allflex Livestock Intelligence, an Antelliq company, today announced the launch of the Allflex Young Stock dedicated health monitoring application for newborn calves up to six months old.It also announced the introduction of SenseHub, the new version of its SenseTime modular cow monitoring solution.On December 14, 2018, MSD (tradename of Merck & Co., Inc),and privately held Antelliq Group today announced that the companies have signed a definitive agreement under which MSD will acquire Antelliq from funds advised by BC Partners.
This helps businesses to recognize consumer trends & behavior and generate insights that supports businesses to find opportunities for expansion.Moreover, increasing investments from the companies of various sectors for analytical solutions is one of the factor that drives the market growth.However, cyber-attack may affect stored data which led to privacy concern.Aforementioned factors have critically impacted the overall location intelligence market growth in the recent past.Strategic initiatives and technological investments in this field are some of the factors that are expected to propel the market growth during the forecast period.Get Sample Copy of This Report With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60265 Location intelligence consist of multiple functionalities that includes geocoding, mapping and analytics, enterprise tax management, and asset management among others.Companies are integrating real-time monitoring abilities that are accessible on handy devices for analyzing trends and improving consumer experience.
The Grease market was valued at US$ 1.9 Bn in 2018 and expected to reach US$ 2.3 Bn by 2027 at a CAGR of 2.5% throughout the forecast period from 2019 to 2027.Market Insights"Increasing demand for grease in end-use industries will spur revenue growth during the forecast period"The increasing demand for grease in the construction industry, growing usage of high performance greases are factors propelling the demand of grease market.For instance, emergence of bio-based grease will create opportunities for the proliferation of overall grease market.Asia-Pacific lead the grease market followed by North America and Europe because of the increase request from the end use industries.The key factors that drives the grease market is the expanded interest of metallic thickener from the end users, rapid development in the automobile industry, and technological enhancements in the quality.However, factors including exchange rate fluctuations, R in developing self-lubricating equipment, and unavailability of raw materials are anticipated to hinder the grease market growth during the years to come.Get Sample Copy of This Report With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60268 Industrial DevelopmentsJune 2017, Exxon Mobil expanded its production capacity of grease by setting up a new factory in Singapore.The expansion of the Jurong lubricant plant further strengthens the company’s manufacturing capabilities and its ability to meet the growing demand for grease and synthetic lubricant products in the Asia Pacific regionKey Market MovementsIn 2018, the global paper bags market was valued US$ 1.9 Bn and is projected to grow to US$ 2.3 Bn by 2027 expanding at a CAGR of 2.5%.Based on end-use, the market is classified into Heavy Equipment, Power Generation, Automotive & Transportation, Food & Beverage, Chemical Manufacturing, Metal Working & Metallurgy, and Others.Out of these automotive and transportation segment is leading the market with major contribution in the revenue share.
The microgrid control system market was valued at US$ 2.61 Bn in 2018 and expected to grow at a CAGR of 12.0% during the forecast period from 2019 to 2027.Market Insights"Increasing demand for reliable and secure power supply worldwide will upgrade the market growth during the forecast period"Growing environmental measures in line with strict regulations to curb GHG emissions have aligned industry inclination toward the incorporation of efficient energy conservation systems.Moreover, advanced power distributed generation systems in line with the rapid development of renewable electric infrastructure will stimulate the microgrid control system market.To Understand How Covid-19 Impact Is Covered in This Report - https://www.credenceresearch.com/inquiry-before-buying/60272 The need of a reliable and secure power supply system across the world is one factor boost the global microgrid control system market.Microgrid ensures the supply of electricity during power failure and blackout situations.An upcoming report by Transparency Market Research on the global microgrid control system market would help readers gauge various macroeconomic factors, business prospects, trends and opportunities associated with it.Increasing investments in transmission & distribution infrastructure and massive investments in smart grids and energy systems, globally, would further drive global microgrid control system market during the forecast period.Key Industry Developments:In January 2018, the Siemens introduced dual microgrid controllers for decentralized energy installations of any size.It handles complex applications that manage smaller scale decentralized energy installations.Key Market Movements:Globally, the enterprise information archiving market market is rising at a CAGR of 12.0% for the estimated period from 2019 to 2027.The North America is expected to be the second leading market for MCS during the forecast period, owing to the replacement and refurbishment of the existing infrastructure is the major requirement in the local utility grid scenario.Asia Pacific is estimated to be the largest from 2019 to 2024.
Artemisia annua and sweet wormwood are long been used in traditional Chinese medicines.Get Sample Copy of This Report With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60293 Key Trends in Global Artemisinin Derivatives MarketPrevalence of Malaria to Strengthen Demand for Artemisinin DerivativesAccording latest report of WHO, there was increase in number of malaria cases in 2019 as compared to 2018. WHO reported that the malaria cases increased to 229 million in 2019 from that of 228 million in 2018.African region occupied highest share in total number of cases globally.However, with the beginning of unlock process across the world and anticipation of COVID 19 vaccine to be launched during first half of 2020 is expected to bring recovery in demand for Artemisinin Derivatives.To Understand How Covid-19 Impact Is Covered in This Report - https://www.credenceresearch.com/inquiry-before-buying/60293 Global Artemisinin Derivatives Market by Type InsightsBased on its type, the global Artemisinin Derivatives market can be segmented into Dihydroartemisinin, Artemisunate and Others.Dihydroartemisinin is a semi-synthetic derivative of artemisinin and is broadly used as a midway while deriving other artemisinin-based API’s.Malaria Treatment segment dominated the global Artemisinin Derivatives demand in 2020 with over 60% share in total revenue generated by this industry.Easy availability of drugs, strong distribution network, high level of health awareness among people, government initiatives to irradicate various diseases, and string spending capacity of end-users is driving demand for Artemisinin Derivatives based drugs in North America and Europe.
The market for population health solutions was valued at US$ 16.56 billion in 2018 and is expected to grow at CAGR by 13.6 per cent during the forecast period from 2019 to 2027.Market Insights"Rising government mandates and support for healthcare IT solutions coupled with technology adoption will upgrade the market growth during the forecast period"Population health management refers to a combination of data from different patients across a range of health information technology resources.This helps health care providers to improve both clinical and financial outcomes for patients.The global market for population health management is driven by the rising geriatric population and burden of chronic diseases, the digitization of healthcare systems and the increasing need for affordable treatment options due to rising healthcare costs.Get Sample Copy of This Report With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60277However, lack of data management skills and skilled analysts, and a lack of willingness to adopt new technologies, are constraining market growth.Conversely, the increasing focus on value-based medicine and growth opportunities in the emerging economies of Asia-Pacific and LAMEA is expected to provide numerous opportunities for market growth during the forecast period.Increasing focus on preventive care, increasing occurrences of chronic diseases among the geriatric population, the introduction of healthcare IT solutions and the implementation of affordable care in the U.S. are some of the factors that will accelerate the growth of the population health solutions market in the 2020-2027 forecast period.On the other hand, the increasing need for a value-based care model will further create new and extensive opportunities for the growth of the market for population health solutions in the forecast period mentioned above.• In June 2018, i2i Population Health (i2i) partnered with VisionWare (UK) to enable VisionWare support its established foundation of Federally Qualified Healthcare Centers and assist in the expansion of its population health analytics presence.
The global market for home security systems is expected to grow by 8.3 per cent CAGR during the forecast period from 2018 to 2026.Product InsightsThe global market for home security systems is expected to see significant growth, growing at 8.3 per cent CAGR during the forecast period from 2018 to 2026.The increase in crime rates has led to a higher adoption of enhanced security and security systems, thereby boosting the growth prospects of the domestic security systems market.Rising advancements in smartphone technology and remote monitoring, coupled with growing demand for smart homes, are another key factor facilitating global market growth.To Understand How Covid-19 Impact Is Covered in This Report - https://www.credenceresearch.com/inquiry-before-buying/59517 The global market for home security systems, based on the system type, was led by video surveillance systems in 2017 and is likely to continue to lead over the forecast period from 2018 to 2026.The growth of this segment is mainly underpinned by the growing need for home security solutions.Further, based on geography, North America garnered the largest market share in 2017 and is expected to grow at a significant rate in the years to come.Also, the presence of some leading players including Johnson Controls, ADT Inc., Honeywell International Inc., United Technologies Corporation, etc.
The global bacteriophage market was valued at US$ 567.9 Mn in 2017 expanding at a CAGR of 3.9% from 2018 to 2026.Market InsightsRecently, bacteriophages or phages have been recognized as an efficient tool in modern biotechnology through a multitude of researches promoting the potential use of bacteriophages across a number of applications.They can also be used as biocontrol agents in the oil and agriculture industries.Bacteriophages have a unique application in the petroleum industry, as bacterial fouling often leads to serious damage to gas pipelines, devaluing products and therefore increasing capital costs.Bacteriophages are a diverse group of viruses that can be easily manipulated and therefore have a significant role to play in research, therapeutics and biotechnology.Phages not only control the bacterial population, but also help to move genes from one bacterium to another.Globally, the incessant increase in bacterial resistance to most antibiotics is becoming a new driving factor for phage therapy that uses lytic phage particles because these entities are devoid of metabolic functioning and do not have an affinity to eukaryotic cells.Moreover, established use of bacteriophages in the areas of environment and food and evolved research infrastructure with several initiatives being undertaken introducing breakthrough technologies will further drive the market during the forecast period.The key players currently engaged in bacteriophage market include Federal State Scientific Industrial Company MICROGEN, AmpliPhi Biosciences Corporation, EnBiotix, Phage Biotech Ltd., Fixed-Phage Limited, InnoPhage, Pherecydes Pharma, TechnoPhage SA, VersatileBio among others.Key Market Movements:Growing R and funding for investigating bacteriophage therapy for clinical application • Ongoing clinical trials for bacteriophage therapy for multidrug resistant bacterial infections and regulatory approvals for the same • Increasing applications of bacteriophage in food, environment and veterinary applications • Ongoing research for establishing bacteriophage as an effective vaccine delivery systemGet Sample Copy of This Report With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/59356 ToC:Chapter 1.
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