Media Releases


COVID-19 Inhibits Demand for Processed Meat amid Bottlenecks in Supply and Production, Infers Fact.MR

Apr 25, 2020

COVID-19 Inhibits Demand for Processed Meat amid Bottlenecks in Supply and Production, Infers Fact.MR
Beef consumption is anticipated to maintain its dominance in the processed meat market, growing 2X during the forecasted period. In North America, beef consumption is set to account for nearly 40% of the total processed meat consumption. Processed beef is highly preferred as a snack in the form of sausages and beef jerky. The market trends suggest that the demand for processed beef snacks during to the COVID-19 will be moderately impacted owing to the limited shelf life of the products. ...
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Outbreak of Covid-19 to Restrict Growth of Global Personal Care Active Ingredients Market in Short-Term, Projects Fact.MR

Apr 24, 2020

Outbreak of Covid-19 to Restrict Growth of Global Personal Care Active Ingredients Market in Short-Term, Projects Fact.MR
Poised to grow at a steady 5%, the global personal care and active ingredient market is finding high uptake in developing countries. Furthermore, tremendous growth in modern organized retail channels, such as departmental stores, specialty store chains, shopping malls and a highly competitive e-commerce market has been witnessed. This is especially seen in emerging countries such as India, China, and Brazil. This remarkable growth in sales channel has enabled suppliers and manufacturers to reach distant customers, spurring global sales of personal care products ...
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Global Li Ion Battery Pack Market to Witness Dormancy amid Production Headwinds Owing to COVID-19 Outbreak, says Fact.MR

Apr 24, 2020

Global Li Ion Battery Pack Market to Witness Dormancy amid Production Headwinds Owing to COVID-19 Outbreak, says Fact.MR
The global Li-Ion battery pack market was valued at US$ 57.4 billion in 2020 and is expected to add value worth US$ 3.3 billion during the forecast period. The market is anticipated to expand at a CAGR of 2.7%. However, amid the COVID-19 pandemic, the market is poised to stagnate for the next couple of financial quarters. This is attributed to a significant drop in the demand for Li-ion battery packs globally. The adoption is expected to remain low as stringent lockdowns amid COVID-19 has created exceptional dormancy in end use industries such as consumer electronics, and automotive industry. ...
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Food Manufacturers in the Emulsifiers and Co-emulsifiers Market Register 1.9X Gains on the Back of Natural Ingredients, Demand to Decline in Near Term amid COVID-19, Says Fact.MR

Apr 24, 2020

Food Manufacturers in the Emulsifiers and Co-emulsifiers Market Register 1.9X Gains on the Back of Natural Ingredients, Demand to Decline in Near Term amid COVID-19, Says Fact.MR
While the COVID-19 pandemic has been detrimental to multiple industries, there has been significant decline in demand for packaged food products due to lockdown in various countries in first two quarters. From third quarter onwards, emulsifiers and co-emulsifiers made from natural ingredients are gaining more traction among end users in bakery and confectionery applications. The emulsifier lecithin derived from natural sources like eggs has superlative benefits and is projected to gain a significant foothold between 2021 to 2025. ...
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Industrial Paint Booth Market to Witness Stagnancy, with Decelerated Global Demand amid COVID-19 Pandemic, Projects Fact.MR

Apr 24, 2020

Industrial Paint Booth Market to Witness Stagnancy, with Decelerated Global Demand amid COVID-19 Pandemic, Projects Fact.MR
The global industrial paint booth market is projected to grow at a sluggish CAGR of 2.6% in terms of value between 2020 and 2030. Owing to the anticipated economic slowdown in the upcoming year and a dip in consumption of industrial goods globally, the global industrial paint booth market is projected to witness stagnancy for the next couple of financial quarters. However, after the coronavirus pandemic is brought under control, the market is expected to regain traction and surpass a valuation of US$ 789 million by the end of the forecast period (2020 – 2030). ...
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 Motorcycle Market to Witness Muted Sales in Near Term amid COVID-19: Long-term Outlook to Remain Positive, Opines Fact.MR

Apr 24, 2020

Motorcycle Market to Witness Muted Sales in Near Term amid COVID-19: Long-term Outlook to Remain Positive, Opines Fact.MR
The global motorcycle market was valued at ~US$ 116.8 Bn at the end of 2019 and is anticipated to surpass US$ 135.8 Bn by the end of the forecast period (2020-2030). However, the COVID-19 pandemic has interrupted the growth of the motorcycle industry owing to nationwide lockdowns, leading to a steep decline in sales of motorcycle globally. Owing to the anticipated economic slowdown till the beginning of 2021 and shutdown of production facilities in leading motorcycle markets, major challenges to the players operating in the motorcycle market are anticipated. ...
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Global Diagnostic Imaging Services Market on a Modest Clip, COVID-19 Intensifying Adoption of Imaging Techniques, Concludes Fact.MR

Apr 24, 2020

Global Diagnostic Imaging Services Market on a Modest Clip, COVID-19 Intensifying Adoption of Imaging Techniques, Concludes Fact.MR
The outbreak of (COVID-19) pandemic has further broadened prospects for the diagnostic imaging services market. As more and more people are getting affected on a daily basis, hospitals, clinics and other healthcare providers have found a massive surge in the number of patients worldwide. Proper imaging techniques to detect confirmed and suspected cases thus become very important. On the back of these trends, the global diagnostic imaging services market is anticipated to expand positively at a CAGR of 4.2% during the forecast period (2020-2025). ...
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Global Endoscopic Clips Market to Register 7% Growth, Delay in Elective Procedures amid COVID-19 to Hamper Market Prospects in Near Term, Says Fact.MR

Apr 24, 2020

Global Endoscopic Clips Market to Register 7% Growth, Delay in Elective Procedures amid COVID-19 to Hamper Market Prospects in Near Term, Says Fact.MR
Based on these trends, the global endoscopic clips market is set to witness an upswing during the forecast period (2020-2026). Projections indicate an impressive CAGR of 7.3%, pegged to reach a value pool of US$ 617.0 Mn. Other generic factors such as an increased geriatric population pool and rising cases of disease requiring endoscopic treatment are also expected to drive the growth of the endoscopic clips market. ...
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Polycaprolactone Market to Gain Currency, with Surge in Demand for Biodegradable Polymers amid COVID-19, Says Fact.MR

Apr 24, 2020

Polycaprolactone Market to Gain Currency, with Surge in Demand for Biodegradable Polymers amid COVID-19, Says Fact.MR
The production of biodegradable polymers has gained enormous traction in the global chemical sector over the the last decade and the demand for polycaprolactone is no exception. The global polycaprolactone market was pegged at US$ ~330 Mn in 2019 on the back of shifting preferences towards alternatives to conventional polymers. However, the production of polycaprolactone is expected to witness a decline in 2020 amid the COVID-19 epidemic. This has disrupted supply of cost efficient raw materials. ...
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Gear Measuring Machines Market to grow 1.2X through 2030, Decline in Sales Predicted owing to COVID-19 Pandemic, Projects Fact.MR

Apr 24, 2020

Gear Measuring Machines Market to grow 1.2X through 2030, Decline in Sales Predicted owing to COVID-19 Pandemic, Projects Fact.MR
The global gear measuring machines market was valued at ~US$ 387.6 Mn at the end of 2019 and is expected to add a value opportunity worth US$ 92.3 Mn during the forecast period (2020-2030). The ongoing COVID-19 pandemic has resulted in production shortfalls in the automotive industry due to disruption in supply chain. Government mandated shutdowns of metal & mining industries has caused a considerable slowdown in the production and demand of gear measuring machines. However, the automotive segment is estimated to be the most lucrative application. ...
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COVID-19 Outbreak to Decelerate Demand for Chemical Mechanical Planarization (CMP) Slurries in Short-Term, Advanced Technologies to Re-Ignite Growth through 2030, Concludes Fact.MR

Apr 23, 2020

COVID-19 Outbreak to Decelerate Demand for Chemical Mechanical Planarization (CMP) Slurries in Short-Term, Advanced Technologies to Re-Ignite Growth through 2030, Concludes Fact.MR
The global chemical mechanical planarization (CMP) slurry market is anticipated to create a value opportunity of around US$ 2.2 Bn during the forecast period, adding 2.0X more value in 2030 as compared to 2020. Aluminum oxide chemical mechanical planarization (CMP) slurry segment will continue to dominate demand in the chemical mechanical planarization (CMP) slurry market, accounting for more than one-third of the global share. ...
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Global Geriatric Medicines Market to Witness Positive Growth of 6%, COVID-19 to Boost Market Prospects, Concludes Fact.MR

Apr 23, 2020

Global Geriatric Medicines Market to Witness Positive Growth of 6%, COVID-19 to Boost Market Prospects, Concludes Fact.MR
Based on the abovementioned trends, the global geriatric medicines market is anticipated to expand positively at a CAGR of 6.0% during the forecast period (2020-2026). Increased government support for elderly healthcare and technological advancements in medical assistance are other important drivers behind the growth of the geriatric medicines market. ...
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Sensitive Toothpaste Market to Grow 1.6X Through 2030; Social-distancing Heightens E-Commerce Adoption of Sensitive Toothpaste, Finds Fact.MR

Apr 23, 2020

Sensitive Toothpaste Market to Grow 1.6X Through 2030; Social-distancing Heightens E-Commerce Adoption of Sensitive Toothpaste, Finds Fact.MR
Global sensitive toothpaste market will continue to generate healthy revenue with more than 5% CAGR during the forecast period (2020 - 2030). The impact of COVID-19 on healthcare trends presents a possible recovery strategy for sensitive toothpaste manufacturers. Consumers are bound to pay more attention towards preventive healthcare after facing the threat of COVID-19. ...
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Aviation Connector Market to Grow 1.6X amidst Production and Logistics Challenges Posed by COVID-19, Finds Fact.MR

Apr 23, 2020

Aviation Connector Market to Grow 1.6X amidst Production and Logistics Challenges Posed by COVID-19, Finds Fact.MR
Surge in new air travelling routes and a substantial increase in frequency of existing routes will continue to bolster growth for the aviation connectors market. Growing demand for budget air travelling impels the addition of aircrafts to commercial fleets. Since aviation connectors are crucial to the functioning of aircrafts, manufacturers will witness an increase in revenues. The global aviation connector market will grow at a steady 5% CAGR during the forecast period (2020 - 2030). Major players are prioritizing countries with air-force projects in the pipeline. Strategic partnerships with airplane manufacturers continue to be a popular growth strategy. Amid the COVID-19 Pandemic, production, and distribution channels are witnessing a steep decline in operations. However, preventive government strategies to recover the economic loss of COVID-19 will present gainful opportunities through 2030. ...
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Stable Demand Anticipated in the Animal Feed Probiotics Market, Covid-19 to Marginally Dampen Sales, Projects Fact.MR

Apr 23, 2020

Stable Demand Anticipated in the Animal Feed Probiotics Market, Covid-19 to Marginally Dampen Sales, Projects Fact.MR
The animal feed probiotics market is anticipated to accumulate a value pool of over US$ 5 billion, growing at a CAGR of over 6%. The general ban on the use of antibiotics has been the major growth factor forwarding the animal feed probiotics market.  In many regions poultry feed has generated significant demand for the consumption of animal feed probiotics. In 2020, in spite of the global pandemic ravaging industries, the market in Europe is expected to remain stable. ...
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Folded Tissues Sales to Soar amid COVID-19 Outbreak, Supply- Demand Gaps to Create Impediments, Finds Fact.MR

Apr 22, 2020

Folded Tissues Sales to Soar amid COVID-19 Outbreak, Supply- Demand Gaps to Create Impediments, Finds Fact.MR
The folded tissues market has been witnessing a moderate growth rate over the past 5 years on the back of price pressure, heightened competition, trending premiumisation of brands & private labels across the regions. The overall sales of folded tissues was pegged at more than US$ ~45.1 Bn in 2019 and is anticipated to grow 1.4x times over the forecast period (2020-2030). The novel coronavirus pandemic has created a huge supply-demand gap of folded tissues due to heightening demand for health and hygiene products coupled with complete lockdown in potential coronavirus hotspots. ...
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Shifting Preference for Essential Commodities to Decelerate Non-Dairy Toppings Market Growth, Finds Fact.MR

Apr 22, 2020

Shifting Preference for Essential Commodities to Decelerate Non-Dairy Toppings Market Growth, Finds Fact.MR
The global non-dairy toppings market is anticipated to reach a valuation of over US$ 2.5 billion, with growth pegged at over 7.5%. This significant growth rate can be largely attributed to the shifts in consumer preference in recent years, including the increasing acceptance of dietary choices such as veganism, and the transition from traditional dairy products in Europe and North America. ...
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COVID-19 to Impact Adoption of Industrial Battery Chargers as Downside Risks Continue to Escalate, Says Fact.MR

Apr 22, 2020

COVID-19 to Impact Adoption of Industrial Battery Chargers as Downside Risks Continue to Escalate, Says Fact.MR
Global industrial battery chargers market was valued at US$ 2.1 billion in 2020 and is expected to add a value opportunity worth US$ 486.8 million during the forecast period. The market is set to grow at a sluggish 2.6% CAGR amid the COVID-19 pandemic. The global industrial battery chargers market is projected to witness stagnancy owing to the economic slowdown from COVID-19. Significant drop in the demand for oil & gas due to nation-wide lockdowns in many of the countries and a sharp decline in IT spending, has led to demand destruction of industrial battery chargers globally. In addition, irregularity and price variations of raw material supplies due to high demand–supply ratio is expected to hamper production of industrial battery chargers in the coming years. However, the global industrial battery market is projected to regain traction in the second half of the forecast period when the economy is anticipated to return to normalcy. ...
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Global Spray Polyurea Elastomers Market to be Moderately Impacted by COVID-19 Outbreak, as Production and Demand Plummets, Says Fact.MR

Apr 22, 2020

Global Spray Polyurea Elastomers Market to be Moderately Impacted by COVID-19 Outbreak, as Production and Demand Plummets, Says Fact.MR
Owing to its modest growth in the past and heightening demand in the construction industry, the spray polyurea elastomers market is anticipated to grow 2.5X through 2030. Furthermore, emerging economies are witnessing impressive growth in trade volume. Governments of economic powerhouses such as China and India have various ongoing projects that aim to essentially double the volume of current trade in the next five years ...
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Global Autoclaved Aerated Concrete (AAC) Market to Exhibit Two-fold Growth in Forthcoming Decade, Projects Fact.MR

Apr 22, 2020

Global Autoclaved Aerated Concrete (AAC) Market to Exhibit Two-fold Growth in Forthcoming Decade, Projects Fact.MR
The rapid escalation in infrastructural activities at a global level has propelled the demand for materials used in specialized applications in both residential and commercial settings. Increasing focus on development of roadways, transportation, healthcare infrastructure and other public amenities in developing countries in order to improve the standard of living is reflecting favorably on the global autoclaved aerated concrete market. The advantages of using AAC in the construction industry are huge like energy efficiency, skills development, youth employment, and design. The policies set by governments of different countries like reducing energy demand in building stock in the EU by 80% in 2050 is expected to drive the growth of Autoclaved Aerated Concrete (AAC) market in the future. ...
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Global Genetic Testing Services Market to Record Impressive Growth, to Surpass US$ 64.1 Bn by 2025

Apr 22, 2020

Global Genetic Testing Services Market to Record Impressive Growth, to Surpass US$ 64.1 Bn by 2025
On the back of these factors, the global genetic testing services market is set to burgeon in the future. The market is set to record robust expansion with a CAGR of 7.6% during the forecast period (2020-2025), surpassing a value of US$ 64,131.4 Mn by 2025. Increase in the number of geriatric patients and spread of communicable and non-communicable diseases are also anticipated to leverage the genetic testing services market. ...
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MFC Fiber Market to Grow 3.5X through 2030, Demand Burgeoning on Back of Sustainable Practices, Infers Fact.MR

Apr 22, 2020

MFC Fiber Market to Grow 3.5X through 2030, Demand Burgeoning on Back of Sustainable Practices, Infers Fact.MR
Increasing demand for ready-to-eat food and dairy products is significantly affecting demand for packaging products. With its property of being eco-friendly and recyclable, MCF fibers remains the best choice as a raw material for packaging products. Furthermore, increasing modern retail and consumer preference towards convenience food while meeting regulatory policies are poised to spur MCF fiber market growth. The market is anticipated to expand at a CAGR of 13.5% over the forecast period. MCF fiber is seen as a suitable alternative for plastic products. The packaging and paper industry has experienced substantial market penetration for MFC. The use of MFC in paper applications reduces the use of raw materials, as its bio-degradable nature makes the paper sustainable. ...
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Aerospace Plastic Market to Grow 1.5X through 2030; Stimulus Measures to Reduce Impact of Covid-19 in Near-Term, Finds Fact.MR Report

Apr 21, 2020

Aerospace Plastic Market to Grow 1.5X through 2030; Stimulus Measures to Reduce Impact of Covid-19 in Near-Term, Finds Fact.MR Report
The global aerospace plastic market will grow at a modest 4% CAGR during the forecast period (2020 - 2030). Suspension of consumer air travel during the pandemic has left a detrimental impact on the global aviation industry. The US, the UK, Italy, India, and China are instituting stimulus measures to reduce the impact of COVID-19 on the aviation industry. Original Equipment Manufacturers (OEMs) of aerospace plastic face operational challenges which translate into reduced demand for aerospace plastic products.  COVID-19 is leaving a deleterious impact on growth of the aerospace plastics market. As airline companies fight to stay afloat, aircraft purchase and repairs are put on hold indefinitely. Depending on the recovery rate post containment, aerospace plastics manufacturers will have to devise suitable strategies. ...
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Global Deodorant Wipes Market to Witness Decline in Near Term owing to COVID-19, Long-term Outlook Slated to be Positive, Opines Fact.MR

Apr 21, 2020

Global Deodorant Wipes Market to Witness Decline in Near Term owing to COVID-19, Long-term Outlook Slated to be Positive, Opines Fact.MR
Global deodorant wipes market is expected to surpass US$ 70.7 million during the forecast period (2020 – 2030). The deodorant wipes market is facing stagnancy due to hampered supply chain and retail operations owing to the complete lockdown announced by governments of affected countries. In the long run however, the global deodorant wipes market is poised to gain traction.  With sales in the personal wipes market continuing to climb, wipes manufacturers are viewing this as a high potential area to diversify. Deodorant wipes are one such variant. For instance, in March 2020 online sales of personal care products such as disinfecting wipes, toilet tissues have increased more than 2X due to COVID-19 pandemic. The trend is expected to continue in the future years which will create substantial opportunities in the global deodorant wipes market. ...
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Global Zeolite Market to be Moderately Impacted by Covid-19 Outbreak, Production and Demand Set to Plummet, Infers Fact.MR

Apr 21, 2020

Global Zeolite Market to be Moderately Impacted by Covid-19 Outbreak, Production and Demand Set to Plummet, Infers Fact.MR
The zeolites market is forecast to witness lower single digit growth in the coming years owing to the increasing demand for synthetic zeolites and rising end-use industries. Zeolites are increasingly being used in three major applications - molecular sieves, catalysts and ion exchangers. Both natural and synthetic zeolites are widely being used across a number of end-use industries including building & construction, detergents, agriculture, water treatment and others. ...
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Global Asphalt Mixing Plant Market to Witness Decline in Near-Term Owing to COVID-19, Long-term Outlook Remains Positive, Infers Fact.MR

Apr 21, 2020

Global Asphalt Mixing Plant Market to Witness Decline in Near-Term Owing to COVID-19, Long-term Outlook Remains Positive, Infers Fact.MR
The global asphalt mixing plant market is projected to grow at a CAGR of 2.8% in terms of value between 2020 and 2030. However, with the anticipated global economic slowdown due to the corona virus pandemic, the global asphalt mixing plant market shall stagnate until 2021 end. Post 2021, the market is set to regain traction, surpassing a valuation of US$ 2.4 billion. ...
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Low Demand and Profitability to Stymie Polysaccharides and Oligosaccharides Market Growth amid COVID-19, Government Funding to Offer Succor, Concludes Fact.MR

Apr 21, 2020

Low Demand and Profitability to Stymie Polysaccharides and Oligosaccharides Market Growth amid COVID-19, Government Funding to Offer Succor, Concludes Fact.MR
It is anticipated that the food & beverages industry will feel the impact of the coronavirus (Covid-19) pandemic from every direction. Even as outbreaks in key regions disrupt supply chains, demand may fall due to instability in the global economy and capital markets. The Covid-19 outbreak could potentially hit the polysaccharides and oligosaccharides market hard on several fronts. Lower demand and profitability, potentially tightening credit markets and ensuring the safety of workers have lowered sales figures to a snail’s pace. Several companies involved in the polysaccharides and oligosaccharides market have advocated support from government funding for a set of programs, including subsidized loans and other similar measures. ...
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Nitrobenzene Market to Witness Drop in Production; Growth Sustained in Near Term through Automotive Applications, Opines Fact.MR Study

Apr 20, 2020

Nitrobenzene Market to Witness Drop in Production; Growth Sustained in Near Term through Automotive Applications, Opines Fact.MR Study
Use of nitrobenzene in lieu of volatile organic compounds helps in reducing carbon emissions from plastic products. The global nitrobenzene market will multiply 1.4X from its current value during the forecast period (2020 to 2030). Uptake of high-performance plastic with the penetration of light weight two-wheelers is presenting lucrative opportunities. Versatility of the chemical in manufacturing automotive parts such as steering wheel covers, rubber tires, covers, belts, mats, and other accessories will strengthen the demand from automotive applications. Asia Pacific (East Asia, and South Asia & Oceania) top the list of target markets for nitrobenzene manufacturers. Success of countries such as Indonesia, India, and Singapore in batting Covid-19 presents fast recovery opportunities for market players. Amidst omnipresent lockdowns due to novel coronavirus, companies with a healthy cash reserve will comfortably weather the economic downturns during Covid-19. ...
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Increasing Preference for Contactless Payment Methods to Restrain Global Fuel Card Market in Near Term, Says Fact.MR

Apr 20, 2020

Increasing Preference for Contactless Payment Methods to Restrain Global Fuel Card Market in Near Term, Says Fact.MR
The global fuel card market is presently witnessing a downturn, at a time when people around the globe are resorting to social isolation, working from home, and reducing non-discretionary spending in the midst of the outbreak. Consumers are becoming more likely to accept contactless payments. New research shows that U.S. customers are becoming more interested in contactless payments, whereas more than half of current card payments in Germany are contactless compared as compared to 40% before the outbreak. ...
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Global Chemiluminescence Immunoassay (CLIA) Market to Grow Positively: Demand for Laboratory Automation and Rising COVID-19 Cases to Drive Market Growth, Concludes Fact.MR

Apr 20, 2020

Global Chemiluminescence Immunoassay (CLIA) Market to Grow Positively: Demand for Laboratory Automation and Rising COVID-19 Cases to Drive Market Growth, Concludes Fact.MR
On the back of these trends, the global CLIA market is projected to expand positively at a CAGR of 6.4% in the forecast period (2020-2025). Besides, international collaborations amongst global laboratories as well as rising test volumes has necessitated adoption of semi-automation and integration of testing facilities. This is anticipated to be a major driver behind the growth of the CLIA market. ...
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Cosmetic Wipes Sales to Decline in 2020 amid COVID-19, Growth Marginally Sustained through Online Channels, Says Fact.MR

Apr 20, 2020

Cosmetic Wipes Sales to Decline in 2020 amid COVID-19, Growth Marginally Sustained through Online Channels, Says Fact.MR
The global cosmetic wipes market was valued at ~US$ 546.5 Mn at the end of 2019 and is anticipated to surpass US$ 638.8 Mn during the forecast period 2020-2030. The spread of COVID-19 and resultant lockdowns has plummeted the sales of cosmetic wipes. To overcome this situation, manufacturers are utilizing digital technologies and engaging customers via online portals. This is expected to give an uptick to sales of cosmetics wipes on e-commerce platforms. However, high demand growth is expected by the third quarter of 2020 when the pandemic is brought under control and normalcy is restored. The cosmetic wipes market continues to be driven by its superior characteristics such as convenience, ease of use, efficacy, and removal of impurities. This is anticipated to drive sales of cosmetics wipes post recovery. ...
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Poised as a Significant Alternative to Tissue Paper amid COVID-19 Crisis, Intimate Wipes to present Lucrative Opportunities for Manufacturers, Concludes Fact.MR

Apr 20, 2020

Poised as a Significant Alternative to Tissue Paper amid COVID-19 Crisis, Intimate Wipes to present Lucrative Opportunities for Manufacturers, Concludes Fact.MR
While the COVID-19 pandemic has been detrimental to multiple industries, there has been significant increase in demand for personal care products such as intimate wipes. The increase can be attributed to surge in consumer demand. Stockpiling and ‘panic buying’ by consumers owing to lockdowns has led to shortfalls in essential goods such as tissue paper. Hence, consumers are opting for intimate wipes as alternatives. As intimate wipes’ manufacturers are trying to meet the soaring demand, multiple companies have been dipping into their inventories and increasing production outputs. The intimate wipes market is expected to show positive growth amidst the COVID-19 pandemic. ...
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Indium Gallium Arsenide (InGaAs) Market to Exhibit Dexterous 10% Growth through 2030, on back of Mounting Demand for IoT Applications, Projects Fact.MR

Apr 20, 2020

Indium Gallium Arsenide (InGaAs) Market to Exhibit Dexterous 10% Growth through 2030, on back of Mounting Demand for IoT Applications, Projects Fact.MR
InGaAs has applications in many markets, including consumer electronics, automobiles, aerospace and defense, correspondence frameworks and others. Further, on the back of expanding appropriation of hyperspectral imaging arrangements, progressions in strategic communication frameworks and investments in 5G, the worldwide InGaAs market is expected to show impressive growth by 2030. ...
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Global Ductile Iron Pipes Market to Observe an Upswing Owing to Technological Advancements, Says Fact.MR

Apr 17, 2020

Global Ductile Iron Pipes Market to Observe an Upswing Owing to Technological Advancements, Says Fact.MR
Regions across the globe are instituting measures to meet the growing demand for water. Installation of new pipeline systems along with replacement of the aging water infrastructure are the prime strategies followed by governments of major economies. This in turn creates a favorable atmosphere for ductile iron pipes market as these piping systems are becoming the foremost choice for water distribution. The makers of piping systems across the globe have understood focal points and are constantly expanding their production capacity of ductile iron pipes to meet increasing demand. ...
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Green Building Initiatives to Drive Eco-Friendly Furniture Market to a Positive 6% Growth through 2030, Infers Fact.MR Study

Apr 17, 2020

Green Building Initiatives to Drive Eco-Friendly Furniture Market to a Positive 6% Growth through 2030, Infers Fact.MR Study
Modernization and incorporation of sustainable residential furniture in developing countries such as Indonesia, India, and China is set to drive sales of eco-friendly furniture. The global eco-friendly furniture market will grow 1.8X during the projection period (2020- 2030). Advancements in material science that increases product durability and recyclability are primary reasons for consumer adoption of eco-friendly furniture. Innovative business strategies such as circular business models using reclaimed wood provide the much needed strength for healthy growth of the market. Market players are leveraging industrial automation to increase production. Prevalence of e-commerce in developing countries presents gainful opportunities for eco-friendly furniture manufacturers. ...
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Unsaturated Polyester Resin Market to Witness Healthy Growth Post COVID-19 Pandemic, Finds Fact.MR

Apr 17, 2020

Unsaturated Polyester Resin Market to Witness Healthy Growth Post COVID-19 Pandemic, Finds Fact.MR
The global unsaturated polyester resin market will multiply 1.5X from 2020 to 2030. Growth of this market is accredited to superior quality of products, and components manufactured using different kinds of unsaturated polyester resins. The versatility of applications in high growth industries such as building & construction, marine, and automotive will continue to generate profits. However, as governments around the world cut off non-essential imports and exports to contain coronavirus, the market for unsaturated polyester resins will witness a marginal slump. Market players are facing challenges in production and distribution channels. China is the largest market for unsaturated polyester resins. The effect of COVID-19 on Chinese economy greatly affects the growth trajectory of this market. ...
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Higher Dependence on Protein Enriched Food & Beverage Products to Amplify Sales of Rice protein, Says Fact.MR

Apr 17, 2020

Higher Dependence on Protein Enriched Food & Beverage Products to Amplify Sales of Rice protein, Says Fact.MR
Consumers are expected to behave more conservatively and cautiously over the coming months, and are expected to become more dependent on rice protein and other protein laced food items. However, the slow supply of products through some stores providing essentials and e-commerce is anticipated to create a demand supply gap. The global rice protein market is anticipated to grow with a CAGR of over 8% and is expected to present absolute dollar opportunity of more than US$ 100 Mn during forecast period ...
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Medical Mask Market to Witness Prolific Growth of 9%, COVID-19 to Boost Uptake of Medical Masks, Says Fact.MR

Apr 17, 2020

Medical Mask Market to Witness Prolific Growth of 9%, COVID-19 to Boost Uptake of Medical Masks, Says Fact.MR
Medical facilities are highly dependent on the use of medical masks during surgeries. The availability of different versions of mask for different applications across different end-users, such as ambulatory surgical centre’s, hospitals, dental settings, etc., are expected to fuel the growth of the medical mask market throughout the forecast period. ...
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Healthcare Sector to Uphold Demand for Functional Workwear Apparel, Despite Supply Chain Disruptions, Opines Fact.MR

Apr 17, 2020

Healthcare Sector to Uphold Demand for Functional Workwear Apparel, Despite Supply Chain Disruptions, Opines Fact.MR
As the Covid-19 pandemic continues to hammer global supply chains, the functional workwear apparel market is witnessing a bearish trend. International customers are postponing orders due to lockdowns across countries, and seeking strong discounts. Retailers responded to the Covid-19 pandemic with their doors shuttered. A variety of major retailers and brands have announced their temporary closures in the U.S. withi the last few days. However, several nations have regarded the smooth running of clothing and uniform facilities as an integral component which is anticipated to bode well for the global demand for functional workwear apparel. Several hospitals today require the continuous upgradation of functional workwear apparel in the ongoing fight against the global pandemic due to which the global functional workwear apparel market is anticipated to grow at a CAGR of over 3.5% during the forecast period (2020-2030) ...
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Demand for Halloumi Cheese Plummets, as Consumption from HoReCa Sector Witnesses a Downtrend amid COVID-19, Infers Fact.MR

Apr 17, 2020

Demand for Halloumi Cheese Plummets, as Consumption from HoReCa Sector Witnesses a Downtrend amid COVID-19, Infers Fact.MR
The dairy industry and the halloumi cheese market have felt the effect of the pandemic from every direction. The coronavirus has bestowed an element of 'discomfort' across the halloumi cheese market.  With closing down of HoReCa chains, the average consumption of dairy products has decreased over the past month by more than 25%, which is proving to be a major setback for the dairy industry. The current scenario of 'milk dumping' in many nations has attracted significant attention and has also cut down raw milk transport for the production of halloumi cheese. ...
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COVID-19 Crisis to Bolster Bulk Purchase of Ready-to-Eat Soups, Manufacturers Realigning their Pricing Strategy, Infers Fact.MR

Apr 16, 2020

COVID-19 Crisis to Bolster Bulk Purchase of Ready-to-Eat Soups, Manufacturers Realigning their Pricing Strategy, Infers Fact.MR
Covid-19 pandemic has disrupted the supply chain of several food products including ready to eat soups. With people panic buying and hoarding on several food products irrespective of brand, companies have been planning to cut their advertisement and marketing budgets and offering large-scale discounts to further speed up sales. During the second and third quarter, a moderate demand-supply gap can be expected owing to high pressure on production and limited mobility for shipment of ready-to-eat soups. The market for ready-to-eat soups is poised to grow at a CAGR of 5% during the forecast period (2020-2030)  ...
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Data Collection and Labelling Market will Multiply 7X through 2030; Medical Imaging Slated for High-Growth, Finds Fact.MR

Apr 16, 2020

Data Collection and Labelling Market will Multiply 7X through 2030; Medical Imaging Slated for High-Growth, Finds Fact.MR
Implementation of data labelling and analytics in healthcare will continue to drive the demand for data collection and labelling. Penetration of artificial intelligence (AI), internet of things (IoT), and machine learning (ML) warrants the deployment of advanced data collection and labelling products and services. The global data collection and labelling market exhibits a meteoric 17% CAGR during the forecast period (2020 - 2030). Digitization across industries and countries lays a fertile ground for growth of data collection and labelling organizations. Video surveillance, facial recognition, and password privacy are a few end-uses that drive the data collection and labelling market on a skyrocketing growth trajectory. ...
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Electric Steel Market to Witness Upward Growth Trajectory, as Sales of Electric Vehicles are set to soar through 2030, Projects Fact.MR

Apr 16, 2020

Electric Steel Market to Witness Upward Growth Trajectory, as Sales of Electric Vehicles are set to soar through 2030, Projects Fact.MR
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. ...
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Medical Ventilators Market Pegged at US$ 3.6 Bn by 2030, Market Driven by Soaring Infection Rates amid COVID-19, Says Fact.MR

Apr 16, 2020

Medical Ventilators Market Pegged at US$ 3.6 Bn by 2030, Market Driven by Soaring Infection Rates amid COVID-19, Says Fact.MR
Soaring infection rates and fatalities form coronavirus disease (COVID-19) has immensely boosted the demand for medical ventilators. Continuous focus by the manufacturers and governments to produce medical ventilators in large quantities is expected to propel the medical ventilators market growth during the forecast period. The growing demand for portable and low-cost medical ventilators creates a significant opportunity for global medical ventilators market players to develop and launch new products and expand their businesses. ...
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Health Benefits and Research Initiatives for High Quality Oils is set to Drive the Massage Oil Market at 5% Growth through 2030, Finds Fact.MR Study

Apr 16, 2020

Health Benefits and Research Initiatives for High Quality Oils is set to Drive the Massage Oil Market at 5% Growth through 2030, Finds Fact.MR Study
High work pressure and a hectic lifestyle is increasing the adoption of massage therapies on a regular basis. This is spurring sales of massage oils. The global massage oil market will grow 1.5X during the projection period (2020 - 2030). Increasing consumer awareness about medical benefits of massage oil such as improved blood circulation, and relaxation is driving the demand for massage therapy. Growth of the massage oil market is dependent on continuous medical research that substantiates its benefits. Hence, organizations are investing in developing products that follow international quality standards. ...
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Global Blood Transfusion Diagnostics Market to Expand Positively, Finds Potential Application in Boosting Immunity of COVID-19 Patients, Infers Fact.MR

Apr 15, 2020

Global Blood Transfusion Diagnostics Market to Expand Positively, Finds Potential Application in Boosting Immunity of COVID-19 Patients, Infers Fact.MR
With the COVID-19 pandemic’s outbreak, the prospects for the global blood transfusion diagnostics market are set to heighten. Recently, the United States FDA has approved trials of plasma transfusions from recovered COVID-19 patients to infected ones. The plasma from formerly infected patients contain antibodies which are anticipated to help infected patients fight the disease. Based on these trends, the global blood transfusion diagnostics market is set to leverage at a CAGR of 6.3% across the forecast period. ...
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Higher Dependence on Vitamin Fortified Food & Beverage Products to Amplify Sales of Gummy Vitamins amid COVID-19 Pandemic, Infers Fact.MR

Apr 15, 2020

Higher Dependence on Vitamin Fortified Food & Beverage Products to Amplify Sales of Gummy Vitamins amid COVID-19 Pandemic, Infers Fact.MR
Global gummy vitamins market is forecasted to account for an absolute dollar opportunity of over US$ 2.5 Bn between 2020 and 2030. It is anticipated that propensity towards fortified gummies will boost sales for gummy vitamins market throughout the forecast period. High demand for gummy vitamins is a lucrative opportunity for supplement manufacturers in developed economies. Several other emerging competitors such as nutrient firm Olly Public Benefit Corporation have introduced its gummy vitamin supplements in Singapore and other Asian countries which was previously only available in the U.S. via e-commerce. The product is in heavy demand as an alternative measure to boosts one’s immune system amid the Covid-19 outbreak. ...
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Automotive Exhaust Aftertreatment Systems Market to grow 1.4X, Decline in Sales Predicted owing to Covid-19 Pandemic, Projects Fact.MR

Apr 15, 2020

Automotive Exhaust Aftertreatment Systems Market to grow 1.4X, Decline in Sales Predicted owing to Covid-19 Pandemic, Projects Fact.MR
Surpassing a valuation of ~US$ 88 Bn in 2019, the global automotive exhaust aftertreatment systems market is projected to grow at a value CAGR of 4% by the end of forecast period 2020-2030. 2019 and 2020 have been tough years for automotive sector due to the outbreak of coronavirus and unstable economic conditions globally.  ...
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Advanced High Strength Steel Market to Grow 2.3x by 2030, Sales to Soar amid COVID-19 Outbreak, Finds Fact.MR

Apr 15, 2020

Advanced High Strength Steel Market to Grow 2.3x by 2030, Sales to Soar amid COVID-19 Outbreak, Finds Fact.MR
Fact.MR, a leading research firm in its newly published study on global advanced high strength steel market opines that the market is expected to record a loss of ~180 BPS over the long-term forecast period (2020-2030) on the backdrop of ongoing COVID-19 crisis. This pandemic has shattered the global economy and production throughput as well as operating margins of several manufacturers of AHSS during the first two quarters of 2020. ...
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Surge in Commercial Applications to Create Prominent Opportunities for Collapsible Crates market, Says Fact.MR

Apr 15, 2020

Surge in Commercial Applications to Create Prominent Opportunities for Collapsible Crates market, Says Fact.MR
Collapsible crates market has shown prominent growth with high demand from commercial applications. Heightening demand from agricultural applications has been one of the primary drivers for the collapsible crates market growth within the commercial sector. Need for compact and stackable solutions has led to increased adoption of collapsible crates in industries like agriculture, retail stores and commercial offices.  ...
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