Media Releases


Higher Levels of Health Awareness Boosting Prospects for Athletic Footwear Post COVID-19 Crisis: Fact.MR Report

Jan 22, 2021

Higher Levels of Health Awareness Boosting Prospects for Athletic Footwear Post COVID-19 Crisis: Fact.MR Report
Men’s shoe trends have largely remained static, with loafer and oxford variants remaining popular styles. There has also been a transition away from styles that focus primarily on comfort or function. Major fashion designers are displaying interest in terms of practicality with higher interest on aesthetics. ...
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Biometric-based Physical Access Control Systems Gaining Rapid Traction across End-use Sectors: Fact.MR

Jan 21, 2021

Biometric-based Physical Access Control Systems Gaining Rapid Traction across End-use Sectors: Fact.MR
Growing demand for physical access control systems (PACS) from fast-evolving industries such as banking, financial services, and insurance (BFSI); healthcare; retail; and others is offering lucrative growth opportunities for PACS equipment manufacturers across regions. The Government of the United States has defined the PACS as a system to grant access to employees and contractors who work at or visit a site by electronically authenticating their PIV credentials. ...
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Two-third Demand being Witnessed for Liquid Form of Non-Dairy Toppings: Fact.MR Study

Jan 21, 2021

Two-third Demand being Witnessed for Liquid Form of Non-Dairy Toppings: Fact.MR Study
Animal-based products are increasingly taking a backseat, driven by steady rise in the number of vegans around the globe. Higher levels of awareness about nutrition, health, environment, and animal cruelty, especially among the massive millennial demographic, is driving demand for non-dairy toppings. Despite reduced demand from the foodservice sector, higher demand for convenience and RTE foods, and greater health consciousness among consumers during the COVID-19 pandemic has created opportunities for growth, where the liquid form of non-dairy toppings is most widely used across different sectors. ...
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Over 85% Demand Share of Structured Cabling Held by Telecom Operators and Data Centers: Fact MR

Jan 20, 2021

Over 85% Demand Share of Structured Cabling Held by Telecom Operators and Data Centers: Fact MR
Rapidly rising demand for higher network bandwidth coupled with remarkable penetration of 5G technology has skyrocketed the popularity of structured cabling significantly in the past years. Structured cabling is highly supportive for future upgrades, and has the perks of reduced installation time, cabling bulk, and congestion. As such, demand for structured cabling from the IT & telecommunication, commercial, industrial, and other industries is surging. According to Fact.MR, the global structured cabling market is forecast to expand at an impressive CAGR of over 7% through 2031. ...
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Hardtop Automotive Headliners to Hold More than 95% Market Share through 2031: Fact.MR Report

Jan 19, 2021

Hardtop Automotive Headliners to Hold More than 95% Market Share through 2031: Fact.MR Report
Automotive headliners are composite materials that are optimized to improve safety in automobiles in terms of head impact, or alternatively to incorporate additional LED lighting films in the fabric. Numerous headliner products comprise tricot knit fabrics that are napped to provide vehicle passengers a soft texture and uniform aesthetics. The fabric is adhered to melted polyurethane foam in most cases. More than 95% demand is for hardtop automotive headliners across the world. Increased focus by automotive manufacturers towards the comfort of passengers and drivers is a key factor driving opportunities in the market. ...
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Government Sector to Remain Biggest Customer for Dredging Equipment & Services: Fact.MR

Jan 18, 2021

Government Sector to Remain Biggest Customer for Dredging Equipment & Services: Fact.MR
Despite witnessing a downfall in 2020 due to the onset of the COVID-19 pandemic, the dredging market is gradually recovering, and is projected to exhibit steady growth over the coming years. For example, the United States passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which unlocked the Harbor Maintenance Trust Fund (HMTF); this will be invested in the dredging of ports in the near future. Likewise, growing demand from governments around the world for dredging equipment and services is set to give impetus to market growth through 2031. According to Fact.MR, the global dredging market is forecast to be valued at US$ 21 Bn in 2031. Rise in demand from the oil & gas industry too is expected to propel demand for dredging as time goes by. ...
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Demand for Coal Handling Systems to Remain High from Thermal Power Plants through 2030: Fact.MR

Jan 15, 2021

Demand for Coal Handling Systems to Remain High from Thermal Power Plants through 2030: Fact.MR
Consumption of coal remains strong across industries due to its low price, which is also leading to strong sales of coal handling systems, globally. These systems are an integral part of a plant's material flow and coal quality management. Coal handling system are largely used across industries, especially at coal mining plants, thermal power stations, and ports. Even though developed regions of the world are pushing for use of renewable energy, overall, coal mining across the world, especially APEJ, which is the largest market, is increasing, consequently leading to more demand for efficient coal handling systems. ...
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Composite Materials Gaining High Importance in Squash Racket Manufacturing: Fact.MR

Jan 14, 2021

Composite Materials Gaining High Importance in Squash Racket Manufacturing: Fact.MR
Rising popularity of squash as a sport and also as a recreational activity is driving demand for these rackets. Growing number of professional tournaments held by bodies such as the Professional Squash Association and the World Squash Federation are bolstering adoption of the sport. Product innovations in terms of design and material are expected to remain a critical factor in terms of positive developments in the sector. Composite materials are being used en masse to facilitate weight reduction and increased power in these rackets. Also, awareness about the sport as a viable muscle fitness option, and favorable policy introductions by governments, are expected to drive the market in the foreseeable future. ...
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Despite Rising Environmental Concerns, Industrial Sector to Account for 30% Overall Generator Demand: Fact.MR

Jan 13, 2021

Despite Rising Environmental Concerns, Industrial Sector to Account for 30% Overall Generator Demand: Fact.MR
Uninterrupted power supply, supported by efficient power back-up, is crucial across sectors such as industrial, residential, and commercial. Erratic supply of power, especially in underdeveloped and developing regions of the world, is the main driver for high demand for generators. Despite growing environmental concerns about the usage of diesel across the world, demand from the industrial sector is expected to be over 30% over the coming years. Fact.MR has also observed that bigger players leveraging their business expertise to provide seamless power supply for a wide array of operations undertaken by business corporations and enterprises. ...
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Growing Bottled Water Sales Spike Demand for Plastic Containers: Study

Jan 12, 2021

Growing Bottled Water Sales Spike Demand for Plastic Containers: Study
With the growing focus on bio-degradable materials, sustainability has been key to the plastic containers manufactures in the past years. The rise in demand for the cost-effective, single-use plastic packaging from the beverages, food, and cosmetics industry has been fuelling the sales of plastic containers since the past decade. According to Fact.MR, the global plastic containers market is forecast to grow at over 4.5% CAGR through 2030. ...
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Popularity of Home Diagnostics Surging amidst COVID-19 Pandemic, Especially for Diabetes & Infections: Fact.MR

Jan 12, 2021

Popularity of Home Diagnostics Surging amidst COVID-19 Pandemic, Especially for Diabetes & Infections: Fact.MR
The coronavirus pandemic has led to rapid rise in the demand for home diagnostic equipment. Individuals with health issues such as diabetes and other chronic diseases are likely to be affected by Covid-19 worse than others, and, as such, need to keep their health in check to avoid any complications. ...
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Temporary Power Market Players Eye Opportunities in Lucrative Utilities Industry: Study

Jan 11, 2021

Temporary Power Market Players Eye Opportunities in Lucrative Utilities Industry: Study
Temporary power market players look to a revival in demand, as growth remained muted in 2020. Fact.MR opines market to grow at over 5% in 2021, with adoption by utilities segment key to sustained demand. While the increase in sales footprint of the temporary power manufacturers is backed by the growing demand, rising investments in various power plant productions have further escalated the temporary power generators growth. ...
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DNA Probes Have Big Potential in New Infectious Disease Diagnostics: Fact.MR

Jan 08, 2021

DNA Probes Have Big Potential in New Infectious Disease Diagnostics: Fact.MR
DNA-probes based diagnostics have the potential to be widely used in new disease management, according to a new study by Fact.MR. The efficacy of DNA sequencing in detection of alterations continues to drive their adoption in R&D. ...
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'Custom-Made' Accounts for 2 out of 3 Sales of Foot Orthotic Insoles: Report

Jan 07, 2021

'Custom-Made' Accounts for 2 out of 3 Sales of Foot Orthotic Insoles: Report
Demand for foot orthotic insoles is set to rise steadily through 2030, with ‘custom-made’ capturing bulk of the sales, as per a new report by Fact.MR. Consumer preference for insoles that offer convenience and comfort is likely to drive manufacturers to offer more customized solutions. Over the long run, demand is likely to be influenced by a steadily rising geriatric and diabetic population. ...
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Gallium Oxide Substrate Market to Expand More Than Twofold by 2030; COVID-19 Outbreak to Hamper Market Growth in Short Term

Dec 24, 2020

Gallium Oxide Substrate Market to Expand More Than Twofold by 2030; COVID-19 Outbreak to Hamper Market Growth in Short Term
The gallium oxide substrate market is estimated to expand more than 2X and generate an absolute dollar opportunity of US$ 5 Mn over the forecast period (2020-2030). Research & development activities done by academic & research institutes hold a major portion of the pie. With rapid growth of semiconductor and electronics industries, demand for substrate is only expected to increase over the coming years. However, the market will face a short-term decline in growth due to the ongoing COVID-19 pandemic, and gradually pick pace over the coming months and years. ...
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Silicone Adhesives Market Driven by Rising Demand in Automotive, Construction, and Medical Sectors: Fact MR

Dec 24, 2020

Silicone Adhesives Market Driven by Rising Demand in Automotive, Construction, and Medical Sectors: Fact MR
The silicone adhesives market will gain traction in response to surging demand for sealants with superior chemical and physical properties in construction, automotive, electrical & electronics, and other industries. While growth in the near-term assessment period is likely to be hampered amid the COVID-19 crisis, Fact.MR maintains a positive outlook for the market for 2020 to 2030. ...
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Vaccine Management Solution Market to Race Ahead at 17% CAGR; Demand to Witness Rapid Growth in Short Term amid COVID-19 Pandemic

Dec 24, 2020

Vaccine Management Solution Market to Race Ahead at 17% CAGR; Demand to Witness Rapid Growth in Short Term amid COVID-19 Pandemic
The global vaccine management solution market was valued at over US$ 140 million in 2019, and is anticipated to reach nearly US$ 590 million by 2030. The spread of COVID-19 has brought about a rise in demand for vaccine management solutions. The pandemic has led to additional gain of US$ 5 million in 2020, and the same is expected to follow in 2021. However, as the years go by, when most buyers had purchased these vaccine management solutions, companies in this space will gain revenue only through license renewal, and this is when market growth won’t be as high as it is now. ...
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Power Distribution Module Market to Top US$ 8 Bn Valuation by 2030, COVID-19 Outbreak to Moderately Affect Short-term Sales

Dec 24, 2020

Power Distribution Module Market to Top US$ 8 Bn Valuation by 2030, COVID-19 Outbreak to Moderately Affect Short-term Sales
Commercial vehicles are generally considered high fuel consuming vehicles. In recent years, demand for power-efficient vehicles has increased, owing to rise in freight transport across the world. The need of the hour is highly secured and efficient power distribution. Furthermore, intelligent power distribution modules will be used in all commercial vehicles in the years to follow. Manufacturers in the power distribution module market are deploying their resources to develop high-power voltage solutions for commercial vehicles. This is in accordance with the ban on diesel-powered vehicles in certain countries, which will further drive the market for efficient intelligent power distribution modules in commercial vehicles. ...
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Gallium Oxide Market to Surge at Impressive 11% CAGR through 2030; COVID-19 Pandemic to Have Moderate Impact on Growth in Near Term

Dec 24, 2020

Gallium Oxide Market to Surge at Impressive 11% CAGR through 2030; COVID-19 Pandemic to Have Moderate Impact on Growth in Near Term
Rapid advancements in the semiconductor industry have helped increasing the potential of gallium oxide. Gallium oxide is mostly used in the manufacturing of gallium oxide substrates. Currently, gallium substrates formed from oxide are used for research & development activities by academic & research institutes for making more technologically sound products. With a rapidly growing semiconductor industry, the gallium oxide market too will witness strong growth over the coming years. ...
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Smart PPE Market to Close in on US$ 3 Bn by 2030; Growth Rebound Expected after Initial Setbacks amidst COVID-19 Outbreak

Dec 24, 2020

Smart PPE Market to Close in on US$ 3 Bn by 2030; Growth Rebound Expected after Initial Setbacks amidst COVID-19 Outbreak
Increased awareness about safety and globally accepted regulations by companies have significantly increased demand for industrial IoT-integrated smart PPE solutions, especially in oil & gas, manufacturing, and construction industries, to ensure workers’ safety in various work environments. Mounting demand for smart PPE is due to the fact that, IIOT-integrated PPE delivers the best real-time preventive maintenance solutions. Besides, active flash PPE integrated with OSRAM-guided lights provide visibility even in wet working conditions. Development of smart flame and chemical-resistant materials, along with integration of improved materials for aesthetics and ergonomics to reduce workplace injuries and satisfy OSHA guidelines, is poised to surge smart PPE demand, globally. ...
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Dermatology Diagnostic Devices Market Driven by Demand for Non-Invasive Skin Cancer Screening: Fact.MR

Dec 22, 2020

Dermatology Diagnostic Devices Market Driven by Demand for Non-Invasive Skin Cancer Screening: Fact.MR
Wide range and high prevalence of skin ailments, including psoriasis, eczema, and skin cancer, among others, is expected to drive the growth of the dermatology diagnostic devices market, says Fact.MR in a recent study. Concerns over environmental pollution in urban centers and a vast base of baby boomer patients will support long-term growth. Increasing interest in the healthcare sector towards non-invasive dermatological screening technologies is creating a number of opportunities for manufacturers within the sector. Growing number of specialty dermatology clinic facilities run by private entities, and incorporation of AI and imaging technologies in new product offerings, allow for improved accuracy in diagnostic procedures. ...
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Paper Diagnostics Market Gaining Traction Due to Increased Accuracy and Rapid Testing of Chronic Ailments: Fact.MR

Dec 22, 2020

Paper Diagnostics Market Gaining Traction Due to Increased Accuracy and Rapid Testing of Chronic Ailments: Fact.MR
The global paper diagnostics market is expanding fast, as demand for rapid testing and accurate diagnosis continues to rise in response to increase in cases of cancer, autoimmune diseases, and inflammatory diseases, worldwide, finds Fact MR, in a new study. Due to their benefits such as ease of fabrication, affordability, sensitivity, reproducibility, and low limits of detection, paper diagnostics are highly sought-after in the healthcare and diagnostics segment. ...
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Glass Bonding Adhesives Market Exhibiting Significant Growth Owing to Rise in Demand from Construction Industry: Fact.MR

Dec 21, 2020

Glass Bonding Adhesives Market Exhibiting Significant Growth Owing to Rise in Demand from Construction Industry: Fact.MR
A recent study by Fact.MR states that, the global glass bonding adhesives market is anticipated to expand at over 7% CAGR through 2030. The market is fast gaining traction with a surge in demand for bonding agents to be used between glass and other materials such as metals, rubbers, plastics, and others, from various industries such as electronics, transportation, and construction. As this kind of adhesive provides the best method of joining for glass, it is highly preferred in the architecture industry. ...
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Diabetes Diagnostics Market Gaining Momentum as Demand for Advanced Technologies Rises for Faster & Accurate Diagnosis: Fact.MR

Dec 21, 2020

Diabetes Diagnostics Market Gaining Momentum as Demand for Advanced Technologies Rises for Faster & Accurate Diagnosis: Fact.MR
Rising cases of type 2 diabetes due to unhealthy lifestyle practices and increasing obesity rates are expected to drive the diabetes diagnostics market, finds Fact.MR. According to the World Health Organization (WHO), prevalence of diabetes in people over the age of 18 rose from 4.7% in 1980 to 8.5% in 2014. The International Diabetes Federation also stated that, around 425 million people were suffering from diabetes in 2017, and around 630 million cases are expected to be reported by 2045. ...
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Medical Grade Silicone Market to Gain from Increasing Silicone Gel Application in Prosthetics: Fact.MR

Dec 18, 2020

Medical Grade Silicone Market to Gain from Increasing Silicone Gel Application in Prosthetics: Fact.MR
The global medical grade silicone market will exhibit 6% CAGR from 2020 to 2030, finds Fact.MR, in a new study. Growth is expected to continue despite the market encountering disruptions due to COVID-19 outbreak. Exponentially rising demand for masks, face shields, and protection kits will favor overall expansion. ...
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Nano Healthcare Technology Market Driven by Rising Investments in Advanced Medical Equipment: Fact.MR

Dec 17, 2020

Nano Healthcare Technology Market Driven by Rising Investments in Advanced Medical Equipment: Fact.MR
Increasing demand for advanced and effective equipment and favorable government initiatives are expected to drive the nano healthcare technology market, finds Fact.MR in a new study. The increasing geriatric population along with developments in the healthcare sector are key drivers of the market. ...
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Medical Suction Devices Market Witnessing Increased Demand during COVID-19 Pandemic Due to Surging Hospitalization Rates: Fact.MR

Dec 17, 2020

Medical Suction Devices Market Witnessing Increased Demand during COVID-19 Pandemic Due to Surging Hospitalization Rates: Fact.MR
Proper management of fluids is an important function of medical suction devices. Liquid and solid medical waste is a potential biohazard for patients, waste handlers, and the environment. In order to mitigate the risk of re-infection and reemergence of infectious diseases, safe waste management is of utmost importance. ...
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Fracking Fluids and Chemicals Market Sees Increasing Demand from Horizontal and Directional Wells: Fact.MR

Dec 16, 2020

Fracking Fluids and Chemicals Market Sees Increasing Demand from Horizontal and Directional Wells: Fact.MR
Rising popularity of horizontal and directional wells is anticipated to drive fracking fluids and chemicals market, according to a recent report published by Fact.MR. Horizontal drilling requires large amount of fracking fluids and chemicals, thus proving a key stimulant to growth registered in the market. ...
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Medical Gases and Equipment Market Registers Growth in Response to Surging Healthcare Expenditure: Fact.MR

Dec 16, 2020

Medical Gases and Equipment Market Registers Growth in Response to Surging Healthcare Expenditure: Fact.MR
The global medical gases and equipment market is exhibiting steady growth with the surge in demand from hospitals, home care settings, pharmaceutical companies, and other healthcare facilities. A recent study by Fact.MR states that the medical gases and equipment market is anticipated to grow at over 8% CAGR during the forecast period between 2020 and 2030. ...
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Consumer Appliance Coatings Market Expanding on Back of Rising Domestic Appliance Industry: Fact.MR

Dec 15, 2020

Consumer Appliance Coatings Market Expanding on Back of Rising Domestic Appliance Industry: Fact.MR
The global consumer appliance coatings market is gaining traction owing to rise in demand in diverse applications such as refrigeration, large cooking appliances, home laundry, and others. The global refrigeration industry was estimated at more than US$ 19 billion in 2018, and is growing steadily to cross US$ 28 billion by 2025. As a result, demand for consumer appliance coatings is expected to increase further over the coming years. Another key application area of consumer appliance coatings is the large cooking appliances industry, which is growing exponentially and expected to ascend at a rate of over 6% CAGR through 2025. ...
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Coatings for Medical Devices Market Gains as Demand for Antimicrobial Coatings Rises amid COVID-19: Fact.MR

Dec 15, 2020

Coatings for Medical Devices Market Gains as Demand for Antimicrobial Coatings Rises amid COVID-19: Fact.MR
The coatings for medical devices market is expected to register high growth, especially as demand continues to rise across hospitals and healthcare facilities amid COVID-19 crisis, finds Fact MR in a recent study. ...
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Prepackaged Medical Kits and Trays Market Surging at 8.5% CAGR; COVID-19 Pandemic Crisis Lending Impetus to Market Growth: Fact.MR

Dec 14, 2020

Prepackaged Medical Kits and Trays Market Surging at 8.5% CAGR; COVID-19 Pandemic Crisis Lending Impetus to Market Growth: Fact.MR
Growth rate of the global healthcare industry has been around 7% in recent years, which is expected to increase to over 9% over the next five years. With a growing healthcare industry, including multi-specialty hospitals, clinics, and others, there has been an increase in the number of patients. This also means increased chances of acquiring hospital-associated infections while being treated. In order to minimize these health risks, requirement for disposable products such as prepackaged medical kits and trays, disposable gloves, patient gowns, sterile medical devices, and others is increasing rapidly. ...
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Low VOC Adhesives Market Proliferating on Back of Rising Demand for Hot-melt Adhesives: Fact.MR

Dec 14, 2020

Low VOC Adhesives Market Proliferating on Back of Rising Demand for Hot-melt Adhesives: Fact.MR
Hot-melt adhesives are finding increased application in various packaging industries, propelling demand in the overall low VOC adhesives market, according to a recent report published by Fact.MR. ...
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Cables and Leads for Medical Equipment Market Proliferating from Surging Demand Due to COVID-19 Pandemic Crisis: Fact.MR

Dec 14, 2020

Cables and Leads for Medical Equipment Market Proliferating from Surging Demand Due to COVID-19 Pandemic Crisis: Fact.MR
Rising need for medical equipment and devices due to surge in patients following the COVID-19 pandemic has increased demand for cables and leads for medical equipment, finds Fact.MR. Cables and leads are key elements in medical equipment that is used in laboratories, operating rooms, and monitoring systems. ...
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Marine Adhesives Market to Witness Significant Growth Due to Increasing Application in Water Vessels: Fact.MR

Dec 11, 2020

Marine Adhesives Market to Witness Significant Growth Due to Increasing Application in Water Vessels: Fact.MR
Increasing use of marine adhesives to bond metal, composite, and plastic components is expected to propel market growth, finds Fact.MR. Marine adhesives display higher bonding strength, elasticity, greater absorption of vibrations and impact, strong affinity with paints, and resistance to UV rays. These factors, along with their high compatibility with environmental factors such as exposure to moisture and water, make marine adhesives a viable option for varied uses. ...
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Medical Equipment Maintenance Market Gaining Impetus from Expansion of Super Specialty and Multi-Specialty Hospitals: Fact.MR

Dec 10, 2020

Medical Equipment Maintenance Market Gaining Impetus from Expansion of Super Specialty and Multi-Specialty Hospitals: Fact.MR
The increasing number of super specialty and multi-specialty hospitals across the world is expected to boost medical equipment maintenance market, finds a recent report published by Fact.MR. ...
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Bio-based Moisture Curing Adhesives Create Golden Opportunities: Fact.MR Study

Dec 10, 2020

Bio-based Moisture Curing Adhesives Create Golden Opportunities: Fact.MR Study
Adoption of moisture curing adhesives is significantly high in a wide range of industrial applications such as wood working, construction, and automotive, besides others. This is mainly providing impetus to market growth, opines the Fact.MR report. ...
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Vehicle Mounted Spotlights Market to Close in on US$ 1 Billion by 2030; COVID-19 Pandemic Impeding Market Expansion

Dec 10, 2020

Vehicle Mounted Spotlights Market to Close in on US$ 1 Billion by 2030; COVID-19 Pandemic Impeding Market Expansion
The global vehicle mounted spotlights market is set to observe a sizeable growth rate of over 4% in the coming decade. In the past years, this market grew at a modest pace of 3.5%, owing to declining demand from the automobile industry. However, advancements in technology and adoption of LED-based vehicle mounted spotlights have augmented market growth. In the coming decade, widespread adoption of wireless control vehicle mounted spotlights by leveraging manufacturing practices to come up with snazzy products will complement market expansion. Also, all-weather-proof rugged spotlights that can be used in challenging surroundings are predicted to drive the market. ...
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Chiral Chemicals Market Players Focus on Boosting Biological Separation Technology: Study

Dec 09, 2020

Chiral Chemicals Market Players Focus on Boosting Biological Separation Technology: Study
The global market for chiral chemicals market is expected to recover briskly from the impact of COVID pandemic, opines a new Fact.MR report. It reveals that with a user-centric manufacturing approach, leading market players are reviving their revenue cycles, and growing technological adoption will support the business growth for stakeholders in the coming years. ...
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Ballast Water Treatment Systems (BWTS) Market to Surge Ahead at 10% CAGR through 2030: Fact.MR

Dec 08, 2020

Ballast Water Treatment Systems (BWTS) Market to Surge Ahead at 10% CAGR through 2030: Fact.MR
Emergence of low-cost, ecofriendly ballast water treatment systems is generating new market potential and opportunities, according to Fact.MR.  Rising environmental concerns are expected to propel ecofriendly systems across the world. Conservation of the marine ecosystem is becoming imperative, as pollution levels are rising across the globe in a multitude of ways. Hence, systems that can save the marine ecosystem from harmful microorganisms and pollutants are expected to be the most sought-after, fueling the growth of the ballast water treatment systems (BWTS) market. ...
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Tunnel Lighting Market to Exhibit Steady 5% CAGR through 2030; Market Back on Track after Initial Setbacks Due to COVID-19 Outbreak

Dec 08, 2020

Tunnel Lighting Market to Exhibit Steady 5% CAGR through 2030; Market Back on Track after Initial Setbacks Due to COVID-19 Outbreak
Adoption of energy-efficient LED lighting and control systems with improved technologies is expected to drive the tunnel lighting market over the forecast period, according to Fact.MR. Moreover, increasing transportation infrastructural development is projected to be a key contributor to market growth over the coming years. Developmental projects, especially in road and rail infrastructure, taken up by developing countries such as India and China, are expected to positively impact market growth. ...
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UV Filter Market Experiencing Sluggish Growth; Set to Rebound in 2021, Says Fact.MR

Dec 04, 2020

UV Filter Market Experiencing Sluggish Growth; Set to Rebound in 2021, Says Fact.MR
The UV filter market is estimated to reach a market value of US$ 607 Mn in 2020, and is set to create an absolute dollar opportunity of US$ 600 Mn over the forecast period (2020-2030), expanding at a CAGR of around 7% from 2020 to 2030. UV filters are key component in personal care products, and provide SPF functions to these products. Out of the filter types channelled in the market, organic is set to capture a majority of the market share, owing to these UV filters integration in formulating a majority of products such as creams, gels, lotions, powder, wipes, and sprays. ...
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Marine Oil Market to Witness Decline in Near Term due to COVID-19 Pandemic; Steady Growth Expected Thereafter

Dec 04, 2020

Marine Oil Market to Witness Decline in Near Term due to COVID-19 Pandemic; Steady Growth Expected Thereafter
Marine oil is in high demand from end-use industries such as aqua feed and pharmaceuticals. However, the COVID-19 pandemic has impacted the global marine oil market, with significant obstruction in raw material procurement and the supply of raw material from one country to another. This reduction in supply consequently hampers production in end-use industries, thereby diminishing the growth of the global marine oil market. Nevertheless, the global marine oil market is expected to gradually recover with the resumption of activities across the globe, and reach a valuation of US$ 2.6 Bn by 2030.  ...
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Dental Infection Control Products Market to Gain Added Impetus from Digital Dentistry: Fact.MR

Dec 04, 2020

Dental Infection Control Products Market to Gain Added Impetus from Digital Dentistry: Fact.MR
Rising focus on dental care and changing lifestyles of people have increased growth of the dental industry. According to Fact.MR, this has led to increasing demand for dental Infection control products across the world. Dental infections are generally caused due to direct contact with infected fluids such as saliva or blood. They can also be caused by indirectly coming into contact with contaminated equipment or apparatus. Therefore, there has been growing demand for dental infection control products in the healthcare sector. ...
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Dental Consumables Market to Top US$ 50 Bn by 2030; COVID-19 Pandemic to Hit Demand in Short Term

Dec 04, 2020

Dental Consumables Market to Top US$ 50 Bn by 2030; COVID-19 Pandemic to Hit Demand in Short Term
Dental problems are becoming a cause for concern for people worldwide. This has led to manufacturers investing in research & development to come up with innovative products with changing times. Technological advancements leading to innovative products are expected to drive the global dental consumables market in the future. ...
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Two Component Adhesives Market Driven by Rising Use in Automotive Industry for Weight Reduction: Fact.MR

Dec 03, 2020

Two Component Adhesives Market Driven by Rising Use in Automotive Industry for Weight Reduction: Fact.MR
Growing demand for two component adhesives in the automotive, construction, and aerospace industries acts as a key driver for the market, finds Fact.MR. Two component adhesives are used to join metals and bond plastics due to their high glueing properties. They are generally used in construction and manufacturing processes due to their ability to withstand high pressure and strain. ...
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Froth Flotation Chemicals Market Finds Attractive Opportunities in Surging Demand from Mining Industry: Fact.MR

Dec 02, 2020

Froth Flotation Chemicals Market Finds Attractive Opportunities in Surging Demand from Mining Industry: Fact.MR
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. ...
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Baby Care Products Market to Witness Marginal Decline in Near Term amid COVID-19 Pandemic

Dec 02, 2020

Baby Care Products Market to Witness Marginal Decline in Near Term amid COVID-19 Pandemic
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. ...
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Aroma Chemicals Market To Progress Steadily Due to Increasing Application of Natural Flavours: Fact.MR

Dec 02, 2020

Aroma Chemicals Market To Progress Steadily Due to Increasing Application of Natural Flavours: Fact.MR
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. ...
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Metal Finishing Chemicals Market Records Impressive Growth as Demand from Automotive Industry Surges: Fact.MR

Dec 02, 2020

Metal Finishing Chemicals Market Records Impressive Growth as Demand from Automotive Industry Surges: Fact.MR
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. ...
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