Media Releases


Computer Aided Engineering Market to Double Between 2019 and 2029, Finds Fact.MR

Mar 18, 2020

Computer Aided Engineering Market to Double Between 2019 and 2029, Finds Fact.MR
Consumer product manufacturers are investing in research and development for products with enhanced battery life and performance. Surging application of computational fluid mechanics in developing battery modules, battery life testing, and measuring performance is contributing to the growth of the computer aided engineering market. Emerging hyper converged infrastructures (HCI) is propelling the mass adoption of scalable computer aided engineering by various multinationals. The flexibility and cost efficiency of cloud computing acts as a central factor for resurgent adoption of computer aided engineering. Cloud computing eliminates the high costs associated with hardware procurement, installation, and support infrastructure for computer aided engineering systems. Since cloud enabled computer aided engineering will run on a subscription bases, the cost of adoption has decreased considerably. ...
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Sales of Automotive Lead Acid Batteries to Soar, as Global Vehicle Production Ramps Up, Says Fact.MR

Mar 18, 2020

Sales of Automotive Lead Acid Batteries to Soar, as Global Vehicle Production Ramps Up, Says Fact.MR
Automotive lead acid battery market is set to surpass a valuation of US$ 41.8 Bn and is poised to grow at a value CAGR of 5% during the forecast period (2019-2029). The surge in production of automobiles globally has supplemented the growth of lead acid battery market. Lead acid batteries are soaring on popularity as they provide an additional source of power to the vehicle. However, in the current scenario, the global automobile market has been stagnant in terms of profitable growth. ...
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Naval Radar Market Set to Register Stellar 4% CAGR, Demand Upheld by Surveillance Applications Opines Fact.MR

Mar 17, 2020

Naval Radar Market Set to Register Stellar 4% CAGR, Demand Upheld by Surveillance Applications Opines Fact.MR
The global naval radar market is estimated to grow at a steady CAGR of over 4% during the forecast period (2019-2029) and reach a value pool of over US$ 2 Bn. Heightened defense spending for strengthening the naval fleet and securing the coastal line is anticipated to drive the market for naval radars during the forecast period. Strengthening coastal surveillance and adoption of e-navigation technologies are estimated to propel the demand growth for naval radars. Emerging countries offer lucrative growth opportunities for international naval radar manufacturers. Geopolitical threats and maritime disputes, piracy and terrorism have shifted the focus of regional defense organizations to enhance surveillance abilities and mitigate threats to coastlines. Advancements in security and functionality and a proliferating defense sector is set to offer remunerative opportunities and escalate demand in the foreseeable future. ...
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Flame Retardant Coating Additives to Cap US$ 200 Mn by 2020, Phosphorous Additives to Exhibit High Growth, Says Fact.MR

Mar 17, 2020

Flame Retardant Coating Additives to Cap US$ 200 Mn by 2020, Phosphorous Additives to Exhibit High Growth, Says Fact.MR
Flame retardant coating additives market is poised to surpass US$ 200 Mn by 2020. Flame retardant coating additives act as key ingredients for manufacturing coating based flame retardants and are also used for enhancing the retardancy of the flame. Though bromine occupies major share of the market, phosphorous is growing at a faster rate owing to its less hazardous attributes. Key stakeholders such as Lanxess AG, BASF S.E, Clariant A.G and Dow are leaning towards additives other than bromine as it has been banned for manufacturing flame retardants in Europe and United States. ...
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Upsurge in Military Spending to Create Profitable Growth Avenues for Remote Weapon System Market, Says Fact.MR

Mar 17, 2020

Upsurge in Military Spending to Create Profitable Growth Avenues for Remote Weapon System Market, Says Fact.MR
Globally, geopolitical tensions are escalating rapidly and with that, demand for military equipment and adoption of remote weapon systems is also ramping up. As of 2018, the global military expenditure rose to US$ 1.8 trillion, predominantly in countries such as China, India, Russia, and the US. Remote weapon systems are being installed on ground combat vehicles or sea and air-based combat platforms. Owing to the increase in the military spending and adoption of remotely-operated weapon systems in many countries, the demand for remote weapon systems will skyrocket in the coming years. Fact.MR, in its latest research, projects that in the component category, the weapon segment will foresee two-fold growth by 2029, which further pushes the global remote weapon system market to the US$ 22 Bn mark by the end of the forecast period. ...
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Aesthetics to Remain Key Focus in Tinplate Packaging, Market to Grow 1.8X through 2029

Mar 17, 2020

Aesthetics to Remain Key Focus in Tinplate Packaging, Market to Grow 1.8X through 2029
Tinplate packaging market is projected to experience a moderate growth trajectory during the forecast period. Tinplate packaging market has been increasingly embracing aesthetics in order to fulfill demand from various end use industries. Multiple new packaging products such as tinplate packaging having “Matte Effect”, tinplate packaging with embossed surfaces, and customized digital prints have been introduced in the market to meet the growing demand from end-use retail customers. This trend has substantially increased demand for tinplate packaging in the beverages industry, on the back of its impressive tactile features. ...
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2,3,6- Trimethylphenol Market to Surpass US$ 190 Mn, on Back of Low Production Cost in East Asia, Projects Fact.MR

Mar 16, 2020

2,3,6- Trimethylphenol Market to Surpass US$ 190 Mn, on Back of Low Production Cost in East Asia, Projects Fact.MR
2,3,6-TMP market is driven by China as 80% of the 2,3,6-TMP and Vitamin E production cluster is positioned in China. Increasing Vitamin E production in the country is set to bolster the 2,3,6 TMP demand reveals Fact.MR in a recently published report on global 2,3,6 Trimethylphenol market. ...
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Solar Pumps Market to Surpass US$3.5Bn, Farming Sector Poised to Hold Prominent Share, Projects Fact.MR

Mar 16, 2020

Solar Pumps Market to Surpass US$3.5Bn, Farming Sector Poised to Hold Prominent Share, Projects Fact.MR
The global solar pumps market was valued at US$ 1.1 Bn at the end of 2019 and is anticipated to surpass US$ 3.5 Bn during the forecast period. Solar pumps are witnessing immense penetration in the farming sector and it is anticipated to capture a significant chunk of the market share throughout the forecast period. A spurt in agricultural activities across the globe, coupled with high water demand for irrigation is set to drive the farming application segment.  ...
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Thermal Conductive Adhesives Market to Record Positive Growth, Extensive Utilization in Automotive and Electronics Sectors to Expand Revenue Pools of Manufacturers, Finds Fact.MR

Mar 16, 2020

Thermal Conductive Adhesives Market to Record Positive Growth, Extensive Utilization in Automotive and Electronics Sectors to Expand Revenue Pools of Manufacturers, Finds Fact.MR
Demand for thermal conductive adhesives has dramatically increased over the last decade, following a rapid transformation in electronics and automotive industry. On the back of upgradation of conventional methods in the adhesives industry, worldwide sales of thermally conductive adhesives is expected to grow at a healthy CAGR of 6% over the forecast period (2019-2029). In addition, thermal conductive adhesives are finding rampant adoption in automotive as consumer preference for lighter, eco-friendly electric vehicles is rising. Further, with the increasing demand for higher operating performance, manufacturers are in need for more efficient adhesives which is expected to amplify the demand for thermal conductive adhesives in the foreseeable future. ...
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Demand for Smart PPE to Soar on Back of Smart Sensors and Nanotechnology, Opines Fact.MR

Mar 16, 2020

Demand for Smart PPE to Soar on Back of Smart Sensors and Nanotechnology, Opines Fact.MR
The global smart personal protective equipment (PPE) market was valued at US$ ~2.9 Bn in 2019 and is projected to grow at a value CAGR of more than 15% during the forecast period 2019-2029. The smart PPE manufacturers are focusing on integrating digital technologies into the personal protective devices by installing smart sensors, using nanotechnology and intelligent materials to enhance the safety function in order to ensure people’s protection and physical comfort.  ...
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3D Scanner Market to Record Robust Growth, with Rampant Adoption of Digitization, Says Fact.MR

Mar 13, 2020

3D Scanner Market to Record Robust Growth, with Rampant Adoption of Digitization, Says Fact.MR
The global 3D scanner market size is expected to reach the valuation of US$ 5 Bn by end of forecast period while growing at a CAGR of 14.5% between 2019 and 2027. The 3D scanner market with numerous applications and technologies has gained immense traction across the globe on the back of mounting concern for quality assurance, inspection management, and engineering rescheduling. The evolution of 3D scanner products is underpinned by several economic factors including rising adoption of digitization, growing productivity across end-use industries, and increased spending of end-use industries on smart devices. ...
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Global Street Sweeper Market to Record Impressive Growth, Electric Street Sweepers to Remain Preferred, Opines Fact.MR

Mar 13, 2020

Global Street Sweeper Market to Record Impressive Growth, Electric Street Sweepers to Remain Preferred, Opines Fact.MR
Surpassing a valuation of US$ 3 billion by the end of 2027, the global street sweepers market is projected to grow at a value CAGR of more than 7% between 2019 and 2027. Electric street sweepers are gaining traction owing to the competitive advantage they provide such as zero emissions, high energy efficiency and less noise compared to other street sweepers. Governments of several countries are setting up new guidelines for selection of street sweepers in order to encourage municipal corporations to enhance penetration of electric sweepers into their fleet. Use of electric street sweepers are aiding municipal corporations to reduce their carbon footprint, improve quality of air, and mitigate climate change. As a result, demand for electric and hybrid street sweepers are projected to increase over the forecast period. In addition, leading manufacturers are also promoting and expanding their product portfolio by adding electric street sweepers which has boosted the demand for the electric street sweepers globally and which is anticipated to witness high demand growth in the foreseeable future. ...
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Global Atopic Dermatitis Market to Register Stellar Growth, Surpassing a Valuation of US$ 19 Bn through 2027, Projects Fact.MR

Mar 13, 2020

Global Atopic Dermatitis Market to Register Stellar Growth, Surpassing a Valuation of US$ 19 Bn through 2027, Projects Fact.MR
Research and development in manufacturing novel drugs, rising demand for biologics and product approvals are other factors augmenting market growth. On this premise, the atopic dermatitis market is poised to surpass a valuation of US$ 19 Bn by the end of the forecast period. ...
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Moving Walkways Market on a Steady Growth Trajectory, Construction of New Airports to Bolster Growth, Says Fact.MR

Mar 13, 2020

Moving Walkways Market on a Steady Growth Trajectory, Construction of New Airports to Bolster Growth, Says Fact.MR
Heightened investments in the construction and infrastructure sector are anticipated to spur the moving walkways market growth over the forecast period. Proliferating construction in airports for long, as well as short-haul flights, is driving demand for moving walkways. Further, airport moving walkways are poised to hold a prominent market share owing to its easy operability vis-a-vis that of constant moving walkways. These moving walkways variants reduce the time of passengers at the airport terminals owing to high speed vis-a-vis conventional moving walkways.  ...
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Wind Turbine Materials Exemplifying Sustainable Growth, with Shift towards Renewable Energy Resources, Finds Fact.MR

Mar 13, 2020

Wind Turbine Materials Exemplifying Sustainable Growth, with Shift towards Renewable Energy Resources, Finds Fact.MR
Global wind turbine materials market is forecast to surpass US$ 8 Bn by 2029 end reveals Fact.MR in a recently published report on global wind turbines materials market. As per the report, global wind turbine market is anticipated to grow at a flourishing CAGR of ~7% till 2029 end, backed by the escalating number of wind power installations worldwide. The rising consumption of fossil fuels worldwide has led to severe climatic conditions such as global warming. Thus, to tackle this situation, governments of several countries have initiated several key projects and executed schemes to promote and encourage the uptake of conventional sources of energy generation.  ...
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Shift towards Preventive and Natural Care to Augment Growth of Vitamin E Market, Demand Upheld by Tocopherol Vitamin E, Opines Fact.MR

Mar 13, 2020

Shift towards Preventive and Natural Care to Augment Growth of Vitamin E Market, Demand Upheld by Tocopherol Vitamin E, Opines Fact.MR
Preventive medicines and dietary supplements are witnessing high demand growth on the back of increased nutritional requirements thus bolstering the growth of vitamin E market. The scope of vitamin E is further enhanced owing to improved feed conversion efficiency along with high consumption of animal feed. Dietary supplement trends are projected to create remunerative opportunities for vitamin E market during forecast period. This has consequently augmented demand for micronutrient additives, which has further propelled the demand for vitamin E in the value chain. ...
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Military Rifle Market on an Upward Growth Trajectory, Growth Sustained by High Purchase of Sniper Rifles by Armed Forces Globally, Opines Fact.MR

Mar 13, 2020

Military Rifle Market on an Upward Growth Trajectory, Growth Sustained by High Purchase of Sniper Rifles by Armed Forces Globally, Opines Fact.MR
The global military rifle market is projected to grow at lower single digit CAGR between 2019 and 2029 and valued to be a multi-billion dollar market by the end of 2029. While the demand for military rifles is increasing gradually, sniper rifles are accounting for a major market share globally. With the defence budget burgeoning in emerging economies, countries have increased procurement of the sniper rifles owing to its long range firing capacity and high accuracy. For instance, in August 2018, Ukraine has signed a deal with the Canadian firm PGW Defence Technologies to supply sniper rifles to its military. The need to procure new weaponry to modernize militaries in major economies is a key driver of the global military rifle market. The US continues to remain the market leader within the military rifle market as it supplies arms and ammunition to numerous countries around the globe and is anticipated to retain its position during the forecast period owing to a large number of agreements with the military organizations of developing countries. ...
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Global Asthma Spacers Market to Exhibit Modest Growth, North America to Witness Rampant Adoption of Asthma Spacers, Opines Fact.MR

Mar 12, 2020

Global Asthma Spacers Market to Exhibit Modest Growth, North America to Witness Rampant Adoption of Asthma Spacers, Opines Fact.MR
The global asthma spacers market is expected to grow moderately, at a CAGR of 3.9% between 2020 and 2026. The proliferation of respiratory illnesses such as asthma and allergies on back of pollution and smoking is paving the way for high demand growth of asthma spacers.  The geriatric population of the world is increasing rapidly and is exhibiting heightened disposition for respiratory disorders.  ...
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Rising Automotive Production to Bolster Nylon Market Growth, Opines Fact.MR

Mar 12, 2020

Rising Automotive Production to Bolster Nylon Market Growth, Opines Fact.MR
Surging automotive and electronics production to cater to a proliferating consumer demand is projected to propel the global nylon market to grow 1.7X during the forecast period (2019 – 2029). Nylon is employed in the manufacturing of automotive and electrical components that require high tensile strength, heat resistance, and high elasticity. The material offers superior abrasive resistance which positions it as a viable alternative to steel, aluminum, rubber, gunmetal, brass, and bronze. The superior finishing of nylon products even when reinforced makes it a suitable alternative for aesthetically appealing applications. Its compatibility with polyester, spandex, and cotton impels demand from the textiles industry. Nylon 6 and Nylon 66 will provide remunerative growth opportunities for market players during the forecast period. ...
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Business Process Outsourcing Market to Double by 2029 on Back of Technological Advancements, Finds Fact.MR

Mar 12, 2020

Business Process Outsourcing Market to Double by 2029 on Back of Technological Advancements, Finds Fact.MR
Scarcity of resources, high price of in-house teams, and cost efficiency of outsourcing is set to bolster growth of business process outsourcing market. The global business process outsourcing market will grow at an impressive 7.5% CAGR during the forecast period. The omnipresent need to cut costs and ensure smooth running of secondary business functions is set to drive mass-adoption of BPO services.  ...
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Precision Farming Market to Expand 3X through 2029, Says Fact.MR

Mar 11, 2020

Precision Farming Market to Expand 3X through 2029, Says Fact.MR
Rising labor costs, low availability of skilled labor, and surging demand for farm produce will propel the global precision farming market to a stupendous 12% CAGR from 2019 to 2029. Government support to adopt modern farming techniques will give traction to the global market for precision farming. Farmers are upgrading conventional methods to precision farming due to the substantial cost savings offered by machined farming methods. With strong support from the scientific community, precision farming services will take over conventional methods of farming in various countries and in varied capacities. Global warming is causing a rapid change in weather patterns. Weather unpredictability is further coaxing farmers to look for solutions in precision farming technologies. The need for optimal production amid scarcity of resources is propelling the demand for precision farming. ...
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Audiological Devices Market to Surpass US$ 1.3 Bn by 2026, Growth Leveraged by Burgeoning Hearing Impairment Cases

Mar 11, 2020

Audiological Devices Market to Surpass US$ 1.3 Bn by 2026, Growth Leveraged by Burgeoning Hearing Impairment Cases
The high incidence of hearing disabilities in the geriatric population is the main factor behind increasing deafness. As a consequence, people are increasingly seeking treatment for the same. On the premise of the aforementioned trends, the global audiological devices shall experience a moderate growth pegged at 5% during the forecast period (2020-2026). The market is poised to surpass a value of US$ 1.3 Bn by 2026-end. ...
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Rare Neurological Disease Treatment Market to Surpass US$7Bn, with Heightened Investments in Orphan Drugs, Says Fact.MR

Mar 11, 2020

Rare Neurological Disease Treatment Market to Surpass US$7Bn, with Heightened Investments in Orphan Drugs, Says Fact.MR
The global rare neurological disease treatment market is anticipated to reach a value pool of ~US$7.5 Bn by 2020 and is projected to grow at Y-o-Y of over 8.5% by 2020 over 2019. The market for rare neurological disorder treatment is expected to follow an upward growth trend over the forecast period on the back of increasing trend of e-prescribed drugs, promotional programmes and regulatory exclusivity. The new business model to invest more in orphan drugs developments could offer an integrated healthcare solution that enables pharmaceutical companies to develop newer areas of therapeutics, diagnosis, treatment, monitoring, and patient support. In addition, increasing penetration of online pharmacies is also becoming a wish list of key manufacturers to drive revenue in the rare neurological disease treatment market. ...
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Aluminum Curtain Wall Market to Register Stellar 9% Growth, Surging Adoption in Commercial Infrastructure to act as Catalyst, Opines Fact.MR

Mar 09, 2020

Aluminum Curtain Wall Market to Register Stellar 9% Growth, Surging Adoption in Commercial Infrastructure to act as Catalyst, Opines Fact.MR
On the back of being the strongest and most sustainable material, aluminum curtain walls are gaining momentum and witnessing rampant adoption modern infrastructure development in various countries. From flourishing economies to developing nations, aluminum curtain walls are being deployed in commercial and residential spaces on a big scale. The surging adoption of energy efficient infrastructure and the urgent need to reduce carbon emissions is propelling the aluminum curtain walls market to grow 2.3X during the forecast period (2019-2029). Aluminum curtain walls are facilitating organizations to exercise weather control in manufacturing plants and corporate offices. From extreme heat to extreme cold temperatures, manufacturers are innovating in the aluminum curtain wall market to cater to a myriad range of customer needs. ...
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Location Intelligence Market to Exhibit Four-fold Growth Amid Surging Digital Ecosystem, Concludes Fact.MR

Mar 09, 2020

Location Intelligence Market to Exhibit Four-fold Growth Amid Surging Digital Ecosystem, Concludes Fact.MR
Location intelligence is a founding pillar of customized user experiences enabling cabs, food and medicinal drugs to be ordered real-time through mobile apps or websites. These services deploy location intelligence to ensure safety, speed, and accuracy of services. By making timely investments in location intelligence, manufacturers will be suitably poised to take maximum advantage of next-generation, data-driven tech solutions. The global location intelligence market is anticipated to grow at an astounding 15% CAGR during the forecast period (2019-2029).  ...
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Pleural Catheters Market Set to Surpass US$ 44.3Mn by 2029, North America Contributing Significant Revenue Share, Projects Fact.MR

Mar 09, 2020

Pleural Catheters Market Set to Surpass US$ 44.3Mn by 2029, North America Contributing Significant Revenue Share, Projects Fact.MR
The use of pleural catheters is gathering momentum globally owing to its proven efficacy as a treatment solution for malignant pleural effusions when pleurodesis has failed or is contraindicated. Pleural catheters are being used as a frontline therapy in order to improve patient quality of life, patient safety and clinician efficiency. Freedom from hospital admissions and effective symptomatic relief with minimum interventions are some of the critical factors propelling the growth of the pleural catheters market. Pleural catheters have gained clinical significance on the back of their effective fluid control and improved dyspnea, affordability and its efficacy as a minimally invasive procedure. Outpatient procedures, reduction in associated risk, cost and hospitalization have prompted the expansion of the pleural catheters market. Moreover, inclination towards the use of pleural catheters, growing prevalence of pleural effusion and rising cases of COPD in emerging regions are the factors driving the market growth. On this premise, the global pleural catheters market was valued at US$ 22.6 Mn in 2018, and is expected to witness a healthy CAGR of 6.4% during the forecast period (2019 – 2029). ...
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Coated Glass Market to Expand 2.3X, Energy Efficient Infrastructure to be Key Demand Driver, Says Fact.MR

Mar 06, 2020

Coated Glass Market to Expand 2.3X, Energy Efficient Infrastructure to be Key Demand Driver, Says Fact.MR
Rising temperatures and increasingly stringent carbon emission norms position the global coated glass market to grow at a robust pace of over 8% CAGR during the forecast period (2019-2029). Coated glass characteristics such as solar control, and enhanced illumination garner consumer traction. Reduction of carbon emissions from cooling systems is a priority for organizations. Coated glass aids energy savings by reducing the amount of cooling or heating required in corporate and commercial buildings. Modern architecture is witnessing rampant adoption of coated glass in residential, as well as, commercial spaces. Architects at the forefront of modern designs, employ coated glass in strategic ways to extract maximum sun blocking, while enhancing visual appeal. When coupled with high-temperature outliers in GCC countries, analysts project a meteoric growth in Middle East. ...
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Global Cancer Biomarkers Market to Surpass US$ 27 Bn by 2025, with Impetus from Funding on Cancer Diagnostics, Concludes Fact.MR

Mar 06, 2020

Global Cancer Biomarkers Market to Surpass US$ 27 Bn by 2025, with Impetus from Funding on Cancer Diagnostics, Concludes Fact.MR
Cancer accounts for 8.3 million deaths annually. Over the next two decades, 7 out of 10 patients are likely to suffer from this deadly disease. The increasing prevalence of cancer has facilitated extensive research in the diagnosis and treatment of cancer. Governments are increasingly funding clinical trials to assist companies in developing effective diagnostics and treatment for cancer. In April 2016, the National Cancer Institute (NCI) received a federal grant of US$ 5.2 Bn to aid it in its research. Aggressive funding initiatives by governments on cancer diagnostics are boosting the growth of the cancer biomarkers market. ...
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Organic Pigments Market to Grow 1.3X, Plastics to Generate New Revenue Streams, Finds Fact.MR

Mar 06, 2020

Organic Pigments Market to Grow 1.3X, Plastics to Generate New Revenue Streams, Finds Fact.MR
Estimated to reach a value pool of near US$ 4.5 Bn by the end of the forecast period (2019-2027), the organic pigments market is trending towards high-performance pigments in paints & coatings and plastic industries. The shift from heavy, metal-based, inorganic pigments will continue to benefit organic pigments market growth. These pigments have a better environmental profile than inorganic pigments and have more vivid colors particularly in printing inks. Continuous advances in the organic pigments market are expected to be powered by an increasing need for enhanced aesthetics in product packaging for better marketing. As a result, production of advertising and packaging leaflets will propel demand growth of organic pigments in the near future. A surge in construction spending with escalating demand for decorative coatings in the construction sector will positively affect the growth of organic pigments market. ...
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Silicon Carbide Market to Quadruple on Back of Rising Applications in Electric Automotive Industry, Opines Fact.MR

Mar 05, 2020

Silicon Carbide Market to Quadruple on Back of Rising Applications in Electric Automotive Industry, Opines Fact.MR
Global silicon carbide market is poised to witness a dexterous 15% growth during the forecast period (2019 – 2029). Silicon carbide (SiC) products possess advantageous properties such as high thermal conductivity which propels market demand through 2029. Surging demand for compact systems, motor drives, and radio frequency devices further the revenue scope for manufacturers. Government support on FDI investments in developing markets is garnering significant attention from prominent SiC manufacturers. Market players are targeting developing markets such as China where a booming ecosystem of EV manufacturers cater to a skyrocketing consumer demand. Black silicon carbide is expected to bolster demand on the back of sharp cutting properties that make it an ideal choice in finishing cast iron, non-ferrous metals, stone, and rubber. ...
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Demand for Ready-to-Eat Wet Soup to Soar, Market Receiving Tailwinds from Exotic Flavor Variants, Says Fact.MR

Mar 05, 2020

Demand for Ready-to-Eat Wet Soup to Soar, Market Receiving Tailwinds from Exotic Flavor Variants, Says Fact.MR
Leading stakeholders in the ready-to-eat wet soup market are envisioned to stay on top of food trends by offering exotic, ready- to- eat wet soups from various cuisines of the world. The marker is projected to show a positive growth trend of 5.6% during the forecast period. Demand upswing can be attributed to expanded flavor varieties and the convenience of comfort food. Manufacturers are further cashing in on the substantial demand through modern trade like supermarkets and hypermarkets. A surge in the number of solo households has led to remarkable changes in food consumption and dietary habits of consumers. This has consequently augmented demand for ready-to-eat wet soups ...
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Bean Pasta Exemplifying a Sustainable Front through Shift in Consumer Tastes, Concludes Fact.MR

Mar 05, 2020

Bean Pasta Exemplifying a Sustainable Front through Shift in Consumer Tastes, Concludes Fact.MR
The bean pasta market is projected to be valued at more than US$ 7 billion, and is poised to grow at a staggering CAGR of over 12% during the forecast period. The remarkable trend of gluten free food consumption is sharply coinciding with the global impetus to create a burgeoning category of pasta from beans and legumes in lieu of conventional variants such as wheat pasta and rice pasta. Bean pasta is seeing rampant adoption on the back of its convenience and taste profile, which has long been considered as a trend in restaurants and homes alike. ...
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4,4-Dichlorodiphenyl Sulfone (DCDPS) Market to Surpass US$350Mn, with High Profitability in Asia Pacific, Opines Fact.MR

Mar 05, 2020

4,4-Dichlorodiphenyl Sulfone (DCDPS) Market to Surpass US$350Mn, with High Profitability in Asia Pacific, Opines Fact.MR
Led by India and China, global 4,4-Dichlorodiphenyl sulfone market is currently pegged at more than US$ 350 Mn and is projected to grow  at a rate of just over 4% during the assessment period of 2019 to 2029. 4,4-Dichlorodiphenyl sulfone is primarily a business to business product, used as a monomer in production of sulfone polymers and Dapsone drug. Thus, manufacturers of sulfone polymers and Dapsone will hold the proverbial key to success in the DCDPS market. Key stakeholders in the market are mainly operating on captive consumption, and hence market has become even more consolidated. Since global supply of DCDPS is limited to few players only, market is flourishing through imports of DCDPS mainly from Asia, reveals Fact.MR. ...
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Tricuspid Valve Repair Market Set to Surpass US$ 183.8 Million Mark by 2029, Europe Set to Contribute Significant Revenue Share, Projects Fact.MR

Mar 05, 2020

Tricuspid Valve Repair Market Set to Surpass US$ 183.8 Million Mark by 2029, Europe Set to Contribute Significant Revenue Share, Projects Fact.MR
The global incidence of valvular heart defects in the ageing geriatric population will give an upswing to the demand for annuloplasty procedures for tricuspid valve repair. According to WHO, 2.0% of global deaths from cardiovascular diseases are related to rheumatic heart disease. Innovations in minimally invasive procedures are executed to spur the adoption of tricuspid valves. Artificial valves are gaining prominence as it is becoming increasingly feasible to solve fluid dynamics problems and simulate flow within an artificial heart valve. The availability of computational tools can also be used to approximate fluid mechanics parameters such as turbulence and regurgitation volumes and pressure drops. On the back of these aforementioned factors, the tricuspid valve repair market is estimated to grow at a dexterous CAGR of 10.0% during the forecast period (2019-2029) ...
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Permanent Magnets Market to Record 2X Growth, Demand Upheld by Consumer Goods & Electronics

Mar 04, 2020

Permanent Magnets Market to Record 2X Growth, Demand Upheld by Consumer Goods & Electronics
Permanent magnets will grow at a stellar 8.5% CAGR between 2019 and 2029. End-use applications in smart devices and electric vehicles will propel the demand for permanent magnets. Developing economies such as China are witnessing a rapid surge in demand for electric vehicles that employ permanent magnet motors. Smart homes also employ permanent magnet based devices. Automotive segment offers the most lucrative growth followed by Medical, Energy, and Consumer Goods & Electronics. Increasing expenditure on electronics such as smartphones, laptops, and music systems is a prominent factor that propels the permanent magnets market. ...
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Point-of-Sale Terminals Market to Grow 2X on Back of Heightened Demand for Cashless Payments

Mar 04, 2020

Point-of-Sale Terminals Market to Grow 2X on Back of Heightened Demand for Cashless Payments
Point-of-sales (POS) Terminals market will grow at a promising CAGR of more than 7% between 2019 and 2029. Budding ecosystems of cashless payments in developing countries are set to fuel the demand for POS terminals in retail, healthcare, and restaurants. Various application segments are witnessing heightened demand for convenient features such as invoice management, inventory management, and image scanners. Point of sale terminal systems offer these features as additional benefits to drive market demand. Innovation and development of high speed networks positively impact the growth of point of sale terminals in untapped markets. ...
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Active Insulation Market to Record 1.7X Growth, Demand Upheld by Textile and Construction Sector, Says Fact.MR

Mar 02, 2020

Active Insulation Market to Record 1.7X Growth, Demand Upheld by Textile and Construction Sector, Says Fact.MR
The growth trajectory of active insulation market is primarily hinged on the need for energy efficient construction schemes and superior insulation systems in polar countries which perennially record low temperatures. Temperatures as low as -39°C mandate insulation of residential and commercial properties in countries such as Greenland, Norway, Sweden, Canada, and parts of the United States. Global active insulation market is expected to grow at a steady 5% CAGR during the forecast period. Growing demand for performance textiles such as active wear & sportswear will also drive growth for market players. Consumer trends exhibit signs of continued increase in demand for active insulation clothing. ...
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Pharmaceutical Packaging Market on Positive Growth Trajectory on Back of Technological Advancements in Packaging, Says Fact.MR

Mar 02, 2020

Pharmaceutical Packaging Market on Positive Growth Trajectory on Back of Technological Advancements in Packaging, Says Fact.MR
Advancements in packaging technology such as smart labelling, enhanced dosing techniques, and renewable materials are propelling the pharmaceutical packaging market to grow 2.2X during the forecast period (2019-2029). Increasing healthcare spending in developed countries and growing preference for convenient packaging solutions, especially among millennials, will propel growth. Market incumbents are investing in expansion strategies and research & development of sustainable packaging materials that comply with stringent government regulations.  ...
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Demand for Garbage Collection Trucks to Soar with Increased Spending on Waste Collection, Opines Fact.MR

Mar 02, 2020

Demand for Garbage Collection Trucks to Soar with Increased Spending on Waste Collection, Opines Fact.MR
Surpassing a valuation of US$10Bn by the end of the forecast period (2019-2029), the garbage collection trucks market is forecast to follow a moderate growth trajectory. Management of solid waste is one of the most intractable problems for local authorities in urban centers. Collection of waste is a prime concern, as governments are investing a large amount in solid waste management. This has accelerated the demand for garbage collection trucks. ...
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Micronized Salt Market to Present Absolute Opportunity of More than US$ 900 Mn, with Heightened Demand from Meat Processing Industry, Says Fact.MR

Feb 28, 2020

Micronized Salt Market to Present Absolute Opportunity of More than US$ 900 Mn, with Heightened Demand from Meat Processing Industry, Says Fact.MR
Demand for micronized salt has seen an upswing in the recent past and is anticipated to continue on this course at a steady clip during the forecast period. A ‘new normal’ has emerged in the meat processing industry with top players increasing the utilization of micronized salt, owing to its high efficacy in usage and increased affordability. Investments have surged considerably in the processed food and meat processing industry which is instrumental in catalyzing the growth of micronized salt market. On this premise, micronized salt market is expected to present an absolute $ opportunity of more than US$ 900 Mn during the forecast period. ...
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New Motor Vehicle Legislations to Boost Demand for Electric Vehicle Sound Generators, Projects Fact.MR

Feb 28, 2020

New Motor Vehicle Legislations to Boost Demand for Electric Vehicle Sound Generators, Projects Fact.MR
Surpassing a valuation of US$ 324 million, the global electric vehicle sound generator market is projected to create an absolute $ opportunity of more than US$ 241 Mn by the end of forecast period. Electric vehicle sound generators are used for external sound creation in electric & hybrid vehicles as these vehicles are quiet and thus pose a threat of accidents with pedestrians. ...
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Drip Coffee Machines Market to Record Growth of 3%, Demand Upheld by Technology Driven Drip Coffee Machines, Says Fact.MR

Feb 28, 2020

Drip Coffee Machines Market to Record Growth of 3%, Demand Upheld by Technology Driven Drip Coffee Machines, Says Fact.MR
Drip coffee machines demand has witnessed moderate growth in the recent past on account of integration of technologies such as artificial intelligence and smartphone pairing. The advent of technology driven drip-coffee machines has largely contributed to the demand from tech-aficionados and millennials in developed as well as developing markets.  ...
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Hyperspectral Imaging to Become Market Cynosure, Fostered By Investments in Remote Sensing, Says Fact.MR

Feb 28, 2020

Hyperspectral Imaging to Become Market Cynosure, Fostered By Investments in Remote Sensing, Says Fact.MR
Global hyperspectral imaging market is forecast to touch US $ 1.2 Bn by 2029 end. On the back of increasing demand for efficient imagery analytics from industry clusters, the hyper spectral remote sensing market has witnessed a spurt in investments. Private companies along with the governments of major countries are realizing the benefits of this technology, thus investing a huge sum of money into the advancement of hyper spectral imaging technology.  ...
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Demand for Lithium Ion Battery Packs to Soar on Back of Next-gen Consumer Electronics, Finds Fact.MR

Feb 27, 2020

Demand for Lithium Ion Battery Packs to Soar on Back of Next-gen Consumer Electronics, Finds Fact.MR
Global lithium ion battery pack market is projected to grow at a dexterous CAGR of more than 12% between 2019 and 2028. Surpassing a valuation of US$ 189 Billion by 2028 end, lithium ion batteries are being highly preferred in commonly used portable electronic equipment, such as smartphones, PCs, digital cameras, and power tools. Owing to its high performance vis-a-vis other battery technologies, lithium ion batteries are witnessing substantial demand from consumer electronics manufacturers. ...
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Controlled Release Fertilizers Market Amps Up, as Demand for Environmental Friendly Fertilizers Soars, Opines Fact.MR

Feb 27, 2020

Controlled Release Fertilizers Market Amps Up, as Demand for Environmental Friendly Fertilizers Soars, Opines Fact.MR
Fertilizers consumption has received a significant uptick with the addition of controlled release fertilizers. However, higher cost of these fertilizers have limited their consumption to countries with greater purchasing power. Led by China, the U.S., Western Europe and Japan, global controlled release fertilizers market is forecast to surpass US$ 4.5 Bn by 2029, reveals Fact.MR in a recently published report .China’s controlled release fertilizers consumption, in particular, has been growing substantially in the past decade, and is anticipated to rise at a CAGR of around 10% during forecast period. Unmatched benefits of Controlled Release Fertilizers over other fertilizers such as the gradual release of nutrients into the soil, have fetched notable traction over the past half of a decade, says Fact.MR. ...
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Food Thickening Agents Market to Record an Absolute Dollar Opportunity of US$ 1 Bn on back of Dynamic Consumption and Production Trends in Processed Food, Opines Fact.MR

Feb 26, 2020

Food Thickening Agents Market to Record an Absolute Dollar Opportunity of US$ 1 Bn on back of Dynamic Consumption and Production Trends in Processed Food, Opines Fact.MR
A notable surge in urban consumption has led to heightened demand for processed food. Consequently, this has propelled the utilization of allied ingredients such as food thickening agents. In the absence of close substitutes for food thickening agents, per ton increase in production of bakery and confectionery items, sausages, dressings, and soups are directly augmenting the demand for food thickening agents.  ...
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Waterjet Cutting Machines Market to Grow 1.6X as End-use Industries look for Precision and Energy Efficiency, finds Fact.MR

Feb 26, 2020

Waterjet Cutting Machines Market to Grow 1.6X as End-use Industries look for Precision and Energy Efficiency, finds Fact.MR
Stringent regulations in favor of eco-friendly industrial production is propelling the demand for waterjet cutting machines. The global waterjet cutting machines market is anticipated to grow 1.6X during the forecast period. Growth is attributable to cohesive manufacturing trends that lay emphasis on energy efficiency and increased precision in cutting processes. Another factor that impels demand for this product is the rising need for engaging form factors such as edges, bevels, holes, and shapes. Rising number of millennial consumers is augmenting the demand for products with attractive design features in order to stand-out from competition and spur sales. This translates into growing need of waterjet cutting machines for precision cutting of products to enhance their aesthetic appeal. ...
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Wheel Axle Market to Surpass Value Pool of US$87Bn, with High Demand Growth in Logistics Sector, Says Fact.MR

Feb 25, 2020

Wheel Axle Market to Surpass Value Pool of US$87Bn, with High Demand Growth in Logistics Sector, Says Fact.MR
The global wheel axle market is projected to grow at a value CAGR of more than 3% between 2019 and 2029, surpassing a valuation of US$ 87 Billion by the end of 2029. The logistics industry has been experiencing a boost owing to disruptions in the industry such as block-chain technology, digitalization, and the trend of third & fourth-party logistics. The demand for wheel axle has flourished owing to an increase in production and sales of commercial vehicles. Besides, developed countries are privatizing train transportation, allowing private players to operate in the railway transportation business which has bolstered the wheel axle market. The trend of privatization of trains is being followed by other countries as well.  India & UK have started incorporating private sector players in the train transportation business. Increasing demand from the logistics industry has resulted in an increased production of freight vehicles, which has further boosted the demand for wheel axle globally. ...
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Sales of Bentonite to Soar, with Heightened Demand from Oil and Gas Industry, Projects Fact.MR

Feb 25, 2020

Sales of Bentonite to Soar, with Heightened Demand from Oil and Gas Industry, Projects Fact.MR
Sodium bentonite is the most preferred variant for foundry and construction. Whereas, calcium bentonite is used in number of applications such as cosmetic and animal feeding. The above represented scenario is forecast to drive the market at a steady CAGR of ~5% in the forecast period, reveals Fact.MR, in a recently published report on global bentonite market. ...
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Snus Market to Record 5% Growth, as Demand for Alternative Tobacco Products Intensifies, Concludes Fact.MR

Feb 25, 2020

Snus Market to Record 5% Growth, as Demand for Alternative Tobacco Products Intensifies, Concludes Fact.MR
Snus market has experienced a surge in recent years, owing to the penetrative reach of multiple tobacco companies entering the market. Growing preference of alternative tobacco products like vapes, nicotine pouches and smokeless tobacco is expected to generate significant traction for snus. Snus is a preferred smokeless tobacco variant on back of its easy availability and affordability ...
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