Media Releases

Expansion of industries, coupled with government initiatives aimed at curbing emission from these industries will aid the expansion of froth flotation chemicals market, finds Fact MR in a new study. Global froth flotation chemicals market is expected to gain from the rising use of mixed collectors during flotation. ...

The global baby care products market is projected to be valued at over US$ 8 billion in 2020, and is anticipated to surpass nearly US$ 19 billion by 2030. The spread of COVID-19 has brought a decline in demand for some baby care products, due to customer preference of spending on more important daily consumer products. Likewise, declining requests from institutional buyers such as hospitals, baby day care centers, etc., is causing a decrease in demand in the baby care products market. However, the market will show better development during the recuperation time of the COVID-19 pandemic, owing to the strong hold of this market in developing nations that have a large customer base. ...

A recent study by Fact.MR suggests that, rising demand for aroma chemicals in the fragrance and food & beverage industry is expected to increase the growth of the aroma chemicals market. Aroma chemicals are molecules that increase flavour and fragrance when added to products. They consist of natural compounds that are extracted from plants and animals, and synthetic compounds that are created in laboratories using oils and fats. Stringent regulations regarding artificial flavours have contributed to the growth of natural aroma chemicals in the food industry. ...

A new study by Fact.MR projects growth at a steady pace for the global metal finishing chemicals market, driven by the surging demand from automotive, construction, and other industries. Between 2020 and 2030, the market is expected to grow at above 2% CAGR. ...

UV cured adhesives are considered to be a key component in the manufacturing of electronics products. In the past half-decade, UV cured adhesives have gained traction in the RFID inlays market owing to RFID manufacturers’ inclination towards fast curing adhesives to support rapid assembly lines. Apart from RFID manufacturing lines, UV cured adhesives have found a prominent role in the manufacturing of various electronics goods such as mobile phone boards, motherboards of computers, and others, which is set to provide a long-term stance to the market. The medical industry also captures a significant market space owing to the need for inculcation of UV cured adhesives for manufacturing medical equipment such as ventilators, ECGs, and other equipment essential for day-to-day clinical operations. ...

According to a report published by Fact.MR, the global metal cleaning chemicals market is growing at a moderate pace, and is anticipated to record a CAGR of 3.4% from 2020 to 2030. One of the crucial drivers influencing the growth of the metal cleaning chemicals market is the rise in demand for aqueous metal cleaners from end-use industries requiring maintenance for their machinery. On the other side, several studies have shed light on the VOC contents of these metal cleaning chemicals that lead to the production of smog. Smog is found to have ill-effects on the bodies of animals and human beings. Given this influence, governments of numerous countries, especially developed ones, have imposed bans or imposed limitations on the production of metal cleaning chemicals. ...

According to a recent study by Fact.MR, the surging apparel sales via online retail shops have been enabling sustainable growth in the textile chemicals market amid COVID-19. Some of the leading players are focusing on improving their online presence to offset lack of footfall in brick and mortar stores. ...

Commercial aviation is gaining traction across the world. Rising passenger traffic and reduced airfares have created an environment conducive to the growth of the aviation lubricants market, finds Fact.MR in a new study.  According to the report, the market is poised to exhibit a steady CAGR of 5% during the forecast period of 2020 to 2030. ...

A new study by Fact.MR states that, the depletion of fossil fuels and strict regulations associated with environment pollution are key factors that are aiding the adoption of bio-based platform chemicals. Rapid growth of the green chemistry sector will also contribute to developments in the industry. ...

Immunochemical offerings are largely reliant on luminometric, fluoro, and photon-based detection. These products have gained traction as the healthcare sector transitions away from chromatography in clinical diagnostics. ...

Expansion of seaborne trade is expected to create lucrative prospects for the expansion of marine fenders market, finds Fact MR in a new study. According to the report, the market is expected to gain significant impetus from the launch of pneumatic fenders. Pneumatic fenders have the ability of self-floating and offer lasting durability, which make them ideal for protecting ship hulls, especially during transfer of crude oil from one ship to another. ...

Global solar powered car market rally has been temporarily impacted by the sluggishness induced due to COVID-19 pandemic, according to a new study by Fact.MR. However, the study is bullish on the long-term prospects of the market, with growth rates set to hover around 20% through 2030. ...

According to a new study by Fact.MR, the rising demand for greater automotive safety will enable growth in the driver alert system market at above 14% CAGR between 2020 and 2030. Innovations in the field of advanced driver assistance systems (ADAS) is expected to create an environment conducive to the growth of the market. ...

The bucket trucks market has undergone considerable amount of restructuring over the recent past. Greater emphasis has been placed on safety regulations that eliminate the need to use risky rope access and other conventional methods such as scaffolding. In saturated markets such as North America and Western Europe, technologically-advanced equipment are perceived to be the best bet for any job. Japan is known to lay great emphasis on safety standards, and due to the presence of a large number of OEMs in the country, it requires a large number of AWPs for a wide variety of applications. ...

According to a latest report from Fact.MR, the global permanent magnet synchronous motors market is expected to witness steady growth through 2030, despite COVID-19 stopping the rally in 2020. Growing opportunities in the EV segment, combined with focus on energy-efficient motors will be the key focus areas for market players. ...

The fishing rods market is poised to expand at a value CAGR of 4.5%, and is expected to create an absolute dollar opportunity of US$ 1.5 Bn during the forecast duration of 2020-2030. The outbreak of COVID-19 will have a short-term impact on the fishing rods market. However, rising participation in fishing activities and increasing fishing boat sales will drive the growth the fishing rods market over the coming years. Offshore wind farms provide an opportunity for the fishing industry. The U.S. Department of Energy has allocated approximately US$ 200 Mn for research, development, and demonstrations of offshore wind projects. As such, demand for fishing rods will increase in future. ...

The lignin market is poised to grow at a value CAGR of close to 5%, and is expected to create an absolute dollar opportunity of US$ 585 Mn over the forecast duration of 2020-2030. Increasing demand for lignin in animal feed and natural products is anticipated to drive market growth. Rising awareness about dust pollution on human and animal health has forced governments across various countries to impose rules and regulations for suppressing dust emission levels. Lignin has good binding properties, which makes it ideal for controlling dust levels on roads and in parking areas. ...

A new study by Fact.MR on trailer terminal tractors market opines global revenues to grow at nearly 2.5% in 2021. The market rally has been stalled by weakness induced by COVID-19 induced pandemic, however, the commencement of recovery can boost prospects in the long run. The market study by Fact.MR offers detailed insights for the period 2020 to 2030, analyzing the market in over 20 countries. ...

A new Fact.MR analysis projects base oil market to grow at approximately 2% CAGR during the forecast period from year 2020 to 2030. According to the report, broader growth of the automotive sector will be crucial for the prospects of the base oil market players during the assessment period. The study further opines that growing focus on reducing toxic pollutants and shift toward electric vehicles can induce a decline in demand. ...

The global sodium percarbonate market is anticipated to reach a valuation of over US$ 650 million by 2030, with the growth rate pegged at 1.5% from 2020 to 2030. Demand for ecofriendly products has been increasing, which, in turn, has been highly beneficial for sodium percarbonate as a disinfectant. Permissible usage of sodium percarbonate in both, organic and conventional aquaculture, has proven beneficial, and usage in water treatment is expected to hold strong during the forecast period. Despite a slight dip during the COVID-19 crisis, the sodium percarbonate market is expected to experience gradual growth in terms of value over the coming years. ...

According to a new study by Fact.MR, global bearing market growth will hover around 7% despite fundamental weaknesses induced by COVID-19 pandemic. Market players are readying for the opportunities as reversal of lockdowns has created stimulus in many markets. However, the uncertainty over second wave of the pandemic and lack of investor confidence can delay recovery to late 2021 or early 2022, according to the study. ...

Usage based insurance models are getting increasingly popular especially since the model provides its clients with a scope to incur lesser expenses on their insurance policies. The model utilizes vehicle communication systems to monitor driving behavior and mileage, based on which insurance premiums are calculated. Against this backdrop, Fact MR sees the rising sales of connected vehicles to be a chief driver of the usage based insurance market. ...

The global cold milling machine market is set to grow at over 4% CAGR through 2030, according to a latest study published by Fact.MR. According to the study, although market has suffered a blip in 2020, stimulus measures by governments and renewal of construction activities is set to create significant opportunities for market players in the long run. ...

Growing demand for carotenoids in neutraceuticals, increased consumer consumption of dietary supplements, and innovative applications in the cosmetics industry have been driving demand for carotenoids in the global market. While cosmetic application of carotenoids has been a recent development, rising demand from this sector is expected to lead to high growth of the carotenoids market. ...

The innovation in automated trucks has made it possible to transport goods and materials without manual support. The technology is hailed by the automotive sector since it has helped them in significantly curbing the risk of accidents caused due to negligence.  Automated trucks also are considered environment-friendly option for transporting goods since they use gas and energy in lesser volume. ...

Aluminium potassium sulphate is an important chemical compound used across various industries. Aluminium potassium sulphate, also known as potash alum or alum meal is naturally obtained from mining and the purification of kalinite and alunite minerals. It also can be obtained through a chemical process known as hydrometallurgy. ...

The global pea milk market is anticipated to surpass a valuation of US$ 138 million by the end of 2030. The spread of COVID-19 is bringing about declining supply of pea milk from one country to another country due to global lockdowns, which eventually diminishes the consumption of pea milk among end consumers. Likewise, declining requests from consumers attributable to the shutdown of hotels, restaurants, and eateries, combined with decrease in production capacity, are factors adversely affecting the growth of the pea milk market. However, the market will experience a comeback once the COVID-19 pandemic is brought under control, as the resuming of F&B establishments universally will enhance the development of the global pea milk market. ...

According to a latest market study by Fact.MR, the fast expanding e-commerce sectors, coupled with the well-developed warehousing operations are catering to the global vertical lift module market growth. The global vertical lift module market is anticipated to witness growth at over 8% CAGR during the forecast period from the year 2020 to 2030. The study captures the impact of latest forces on the market, along with offering readers a detailed analysis on the COVID-19 impact on vertical life module market growth. ...

According to a latest study by Fact.MR on vehicle roadside assistance market, the global vehicle roadside assistance market is likely to grow in demand for various hybrid and electrical vehicles has significantly risen in the last few years. Vehicle roadside assistance service is capable of providing onsite assistance to vehicle drivers during a breakdown. ...

A recent study by Fact.MR on the automotive wiper market measures the growth potential during the forecast period 2020 to 2030. Among the other prominent growth propellers, it is anticipated that the rising consciousness regarding the safety of consumers other than brakes could boost the demand for good quality automotive wipers. ...

The global industrial floor scrubbers market is estimated to surpass a valuation of US$ 2.9 billion by the end of 2020. The industry is likely to gain traction during the coronavirus outbreak owing to strict implementation of health and safety rules, and increased demand for industrial floor scrubbers from the healthcare and pharmaceutical industries. However, reduced demand from the food service and manufacturing sectors owing to lockdown restrictions will limit growth in 2020. ...

The global activated carbon market is anticipated to register an impressive 7% CAGR for the forecast period 2020-2030, projects Fact.MR’s recently published report. Growth is mostly underpinned by rising wastewater treatment and sanitation initiatives. ...

Driven by the rising application in construction sector, the adhesives market is forecast to surge at above 5% CAGR between 2020 and 2030. Fact MR in its recent study has indicated the market to gain from rising demand from industries such as building & construction, packaging, footwear industry, and others. ...

Rising number of recreational and sports fishing anglers, especially in North America and East Asia, is set to drive demand for fishing reels and other fishing associated accessories. Growth rate with respect to number of recreational anglers at a global level is expected to be 2.3% over the next ten years. Further, social media has silently elevated demand across several industries, including sports fishing equipment. Anglers post about their catch on social media, which increases the curiosity of people in their circle about participating in these activities. This trend is expected to continue through the forecast period, thereby positively impacting the growth of the fishing reels market. ...

In the past-half decade, the growth of the packaging nets market has surged, owing to rise in demand for lightweight packaging material, more so because of increase in cost of logistics. In the long-run forecast period, cost of logistics is set to rise faster than the nominal inflation rate, owing to rise in fuel prices and the competitive labor market across the globe. For leveraging the right price action, weight variables comes into play, where overall weight of the product could be reduced by utilization of lightweight packaging materials, such as packaging nets. Also, with steady rise of research & development activities pertaining to innovative manufacturing methods in various sectors, there has been lucrative increase in demand for packaging nets across the globe. ...

The spread of COVID-19 is resulting in declining sales as most anglers are staying indoors. To overcome this situation, manufacturers are utilizing digital technologies and engaging customers via online portals. As such, the outbreak of this pandemic has shifted consumer focus to e-Commerce platforms. This, in turn, will strengthen demand for fishing lures over the forecast period. ...

Product launches in the alexandrite gemstone lasers market are precisely governed by positive regulations whose approval is required for any. Over the last few years, leading players in the alexandrite gemstone lasers market have established regulatory approvals across the globe, which has facilitated them to launch various products in the market. The launch of new products brings in new technology, which provides improved results to patients and eases treatment procedures. ...

The global truck and bus radial (TBR) tire market is expected to surpass a high revenue threshold, primarily on the back of a burgeoning transportation and logistics industry, according to Fact.MR’s recently published report. As manufacturing industries expand, demand for transporting raw materials and finished goods to end users is increasing. Consequently, production of heavy duty trucks is picking up pace, thereby accelerating demand for radial tires. In addition, burgeoning e-Commerce has proliferated the need for last-mile deliveries across prominent geographies, prompting industries to develop effective transportation links, thus necessitating higher fleet maintenance. ...

The global data center containment solution market is estimated to be valued around US$ 500 Mn in 2020, and is anticipated to surpass US$ 2 Bn by the end of the forecast period of 2020-2030. The COVID-19 pandemic will fuel demand for data center containment solutions in the future, owing to rise in Internet usage that has necessitated the need for more data centers. This has resulted in investments in data centers from large enterprises. This, in turn, is anticipated to create significant opportunities for players in the data center containment solution market space. ...

As per data from the World Health Organization, millions of deaths can be attributed to diseases such as cancer and HIV each year. Further, the recent outbreak of the COVID-19 virus has also created massive demand for effective diagnostics processes. The PCR and real-time PCR molecular diagnostics market has been gaining traction in recent years on the back of investments by PCR diagnostic test manufacturers towards the incorporation of molecular testing technologies for fast real-time results and automated operations, with minimal risks of false positives and negatives. PCR and real-time PCR molecular diagnostics is also finding growing roles in a number of other healthcare sectors, including forensics and genetics, which are likely to bode well for the PCR and real-time PCR molecular diagnostics market in the foreseeable future. Digital PCR, in particular, is projected to reflect fast growth, owing to higher accuracy and sensitivity in the quantification of molecular materials. ...

The water electrolysis machines market is expected to strongly gain ground in chemical applications, such as the production of methanol and ammonium fertilizers, in addition to extensive applications of hydrogen generation in the petroleum industry for processing crude oil. Water electrolysis devices are also expected to find roles in hydrogen generation for pharmaceuticals, steel, and electronics applications. ...

Growing demand for seafood analogs such as imitation crabs and lobster meat has been driving demand for surimi in the global market. Innovative products such as surimi noodles and efforts by companies to adopt new taste trends to meet consumer demand are also aiding market expansion. As such, the surimi market is expected to experience high growth in terms of volume over the coming decade. ...

Acidulants are needed in the food and beverage industry as a key chemical compound for improving the quality of food products. Owing to diverse applications of acidulants and associated benefits, rapid growth of around 5% will be witnessed in the market in terms of revenue, which will reach a figure of around US$ 3.5 Bn by the end of 2030. The COVID-19 has proven to have had an adverse impact on the global acidulants market. The pandemic has reduced the production of acidulants due to government restrictions regarding health & safety, and a decrease in demand of the product has also been observed. ...

Pelvic floor electrical stimulation devices are a fairly new long-term therapeutic solution for the strengthening of weakened pelvic floor muscles, which could potentially be used to minimize the effects of neurodegenerative disease, sexual dysfunction, and urinary incontinence among women and geriatrics. Rising investments in the healthcare sector towards research & development on intra-anal or intra-vaginal pelvic electric-powered stimulators are likely to boost demand for these devices in the long term, driven by key players such as Atlantic Therapeutics, TensCare Ltd., and Verity Medical Ltd. ...

Demand for veterinary care has exponentially increased in recent times, due to which, demand for veterinaries and clinics has also increased. People spend more on veterinary services than on medicines. Since the advent of the Internet, knowledge sharing has helped people realize the importance of regular checkups for animals. Moreover, veterinary medical device manufacturers are emphasizing on collaborative manufacturing with regional manufacturing presence to grab a greater share in high potential untapped regions in the veterinary ophthalmic equipment market. ...

The outbreak of COVID-19 has interrupted the fast growth of end-use segments such as automotive, consumer electronics, and other industrial activities. It is expected that the closure of production facilities will impact demand for ultrafast lasers. The ultrafast laser market is expected to gain traction in the medical field for X-rays, cancer treatment, and many other surgical processes. Moreover, there is rising application in military equipment manufacturing as industries have transitioned from laser cutting to ultrafast laser processing precision technology that improves process accuracy and reduces total production line time and running costs. ...

The global agarose resin market is set to expand at a high CAGR of 10% through 2030, further bolstered in the short term due to the need for a COVID-19 vaccine. North America, Europe, and Asia will be leading markets as far as agarose resin is concerned, with antibody purification being the leading application area. ...

The global resealable films market is estimated to be valued at US$ 4.8 Bn at the end of 2020, and is anticipated to surpass a valuation of US$ 7.4 Bn by the year 2030. Presently, due to the COVID-19 outbreak, the resealable films market is experiencing significant setbacks, as demand is directly linked to the growth of end-use industries. However, demand for resealable films is gaining from applications such as meat, poultry, seafood, dairy, and fresh produce packaging. These films provide better protection against microorganisms, and thus, fulfil consumer demand for fresh, healthy, and convenient food products. ...

The shelf liner market is poised to expand at a value CAGR of around 5%, and is expected to create an absolute dollar opportunity of US$ 215 Mn over the forecast duration of 2020-2030. Shelf liners are used to protect underlying surfaces from damage and dirt. Rising demand for shelf liners for domestic needs and corporate houses will boost the growth of the shelf liner market during the forecast period. Increase in requisite for shelf liners in laboratories are also adding to the demand thrust in the shelf liner market. ...

Oleic acid, also known as omega-9, is a common unsaturated fatty acid, which normally occurs in plants and animals. This material is a popular additive in a wide range of industries, and can find a role as sealants, lubricants, protective coatings, surfactants, chemical intermediates, and detergents. Growing consumption of oleic acid, particularly in the cosmetics and personal care sector, is expected to bolster market growth during the forecast period (2020 – 2030). Also, high potential for applications in functional food, supplements, and textile production will aid demand for oleic acid in the long term. ...