Media Releases


Demand for Custom-built Batteries to Provide Tailwinds to Drone Battery Market, Reckons Fact.MR

Feb 15, 2021

Demand for Custom-built Batteries to Provide Tailwinds to Drone Battery Market, Reckons Fact.MR
State-of-the-art technology and planning in advanced designs of batteries for drones are set to launch the drone battery market to new heights over the coming years. Custom-built drone batteries are anticipated to witness a surge in demand by 20% for educational and institutional applications. ...
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Communication, Media, and Services to Account for Over 40% Demand for Content Moderation Solutions, Projects Fact.MR

Feb 12, 2021

Communication, Media, and Services to Account for Over 40% Demand for Content Moderation Solutions, Projects Fact.MR
Demand for content moderation solutions increased at a CAGR of 8.5% over the past five years, and is projected to grow even faster over the coming years due to huge increase in users and subscriber database on social media, e-Commerce, and other sectors. Close to 40% of content moderation solution usage in by the communication, media, and services sector. ...
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Passenger Cars to Hold Close to 50% Share in Tubeless Tires Market, with Mounting Demand from Electric Vehicles, Opines Fact.MR

Feb 11, 2021

Passenger Cars to Hold Close to 50% Share in Tubeless Tires Market, with Mounting Demand from Electric Vehicles, Opines Fact.MR
Technological advancements will continue to change the automotive sector and provide a boost to associated industries. Shift towards electric vehicles will result in providing numerous market opportunities for tubeless tire manufacturers as well. Incentives provided by regional government to buyers as well as manufacturers for their steps towards anti-pollution policies will pave the path for a growing automotive industry. Favourable regulatory policies and incentives provided by regional governments will facilitate numerous opportunities for automotive industry. ...
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Food & Agricultural Sector to Account for Close to Half of Overall Demand for Abort Gates: Fact.MR

Feb 10, 2021

Food & Agricultural Sector to Account for Close to Half of Overall Demand for Abort Gates: Fact.MR
With increased number of industrial establishments using dust collection systems over the years, significant growth in purchase of medium to large duct size abort gates is foresighted. These gates are extensively used in industries such as food & agriculture, wood, and metal, besides others. To prevent health hazards and fire resulting from dust, abort gates hold immense importance in these industries. ...
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Wildlife Monitoring and Hunting Activities to Hold 80% Share of Trail Camera Market: Fact.MR

Feb 10, 2021

Wildlife Monitoring and Hunting Activities to Hold 80% Share of Trail Camera Market: Fact.MR
Rise in biological research and wildlife management projects to capture images that will help in making evidence-based decisions is pushing demand for trail camera northwards. Another major growth factor is consumers prioritizing security across different industries and even residential buildings. Activities such as large-scale farming require these trail cameras to keep an eye on potential threats and take preventive measures accordingly. ...
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Approximately 2 Out of 3 Modular Cleanroom Solutions to be Customized Versions: Fact.MR

Feb 10, 2021

Approximately 2 Out of 3 Modular Cleanroom Solutions to be Customized Versions: Fact.MR
The global modular cleanroom solutions market is set to experience rapid growth at a CAGR over 10% from 2020 to 2030. Over the past years, the market has expanded at a healthy rate of 8.5%, owing to elevated demand from the pharmaceuticals and semiconductor industry. Furthermore, advancements in cleanroom construction and adoption of IoT-based HVAC systems have augmented demand. Over the next ten years, widespread demand for customizable modular cleanrooms by leveraging best manufacturing practices to come up with flamboyant products will complement market growth. Also, miniaturization of chips and devices in the semiconductor industry is predicted to drive demand for modular cleanroom solutions in the years ahead. As such, coming up with novel products with enhanced customization will stand manufacturers in good stead. ...
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Aluminum Heating Cables to Hold Around two-third Market Share through 2030, Projects Fact.MR

Feb 10, 2021

Aluminum Heating Cables to Hold Around two-third Market Share through 2030, Projects Fact.MR
Changing climatic conditions is a major concern for humanity, and countries in the North American region have faced a cold wave in recent years. Households in colder regions have started using heating cables for under-floor heating, roof heating, and snow melting, rather than depending on traditional heat pumps and central heat furnaces. Of late, integration of technology has made heat cables more efficient, reliable, and stable. Self-regulating heating cables are increasingly being used in commercial buildings and residential homes, influenced by feature such as better control, lower maintenance cost, and higher safety and reliability. ...
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High Demand for Wall Glazing Faux Finish Coatings Fueling Market Growth: Fact.MR

Feb 10, 2021

High Demand for Wall Glazing Faux Finish Coatings Fueling Market Growth: Fact.MR
Faux finish coatings are widely used as decorative paint finishes that imitate the appearance of various materials such as marble, stone, wood, and others. With the rise in requirement for embellishing the interiors of buildings and furniture, faux finish coating manufacturers are expected to witness higher sales and gain more profit over the coming years. ...
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Aftermarket to Account for More than 8 in 10 Sales of Lifting Hooks, Finds Fact.MR

Feb 09, 2021

Aftermarket to Account for More than 8 in 10 Sales of Lifting Hooks, Finds Fact.MR
The global lifting hooks market is witnessing a moderate degree of transformation with the inclusion of automatic lifting hooks. This transformation is expected to reinvigorate this maturing market landscape. Companies are also shifting towards stainless steel and alloy steel to manufacture lifting accessories, since they offer high resistance to corrosion. Industries such as mining and marine are some high potential markets for stainless steel lifting hooks. Traditional hooks such as eye hooks will have a sizeable market share, due to their high usability and flexibility across various industries. With demand especially high from the construction industry, the aftermarket will hold an exceptionally high share as far as sale of lifting hooks is concerned. ...
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Technological Advancements Key to Sustainment in Human Prion Disease Diagnostics Market: Fact MR

Feb 09, 2021

Technological Advancements Key to Sustainment in Human Prion Disease Diagnostics Market: Fact MR
Human prion diseases are basically a group of neurodegenerative disorders caused by the unwanted deposition of folded proteins in the brain. In recent years, the rate of such diseases has grown, resulting in higher demand for human prion disease diagnostic solutions. According to the Centers for Disease Control and Prevention (CDC), prion diseases or transmissible spongiform encephalopathies (TSEs) are a family of rare progressive neurodegenerative disorders that are distinguished by long incubation periods, characteristic spongiform changes associated with neuronal loss, and a failure to induce inflammatory response. This disease causes changes in memory, behaviour, and movement, and early diagnosis is of utmost importance for proper treatment. ...
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Bottled Ice Tea Extremely Popular Compared to Powdered & Tea Bags, Holding More than 95% Market Share: Fact.MR

Feb 09, 2021

Bottled Ice Tea Extremely Popular Compared to Powdered & Tea Bags, Holding More than 95% Market Share: Fact.MR
Over the historical period, the ice tea market grew at a conspicuous rate of 5.4%, owing to preeminent demand for bottled tea, globally. Changing consumer preferences for quick and ready-to-make beverages has augmented the sales of ice tea across regions ...
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Predictive Diagnostics Moving Toward Next-Generation Sequencing (NGS): New Study

Feb 09, 2021

Predictive Diagnostics Moving Toward Next-Generation Sequencing (NGS): New Study
For the area of medical diagnosis, accuracy and precision are inevitable. This has triggered healthcare companies to resort to predictive diagnostic tools that can amplify the precision as well as reliability of diagnostics, and help healthcare providers to improve their patient care and medical outcomes. The global predictive diagnostics market is expected to reach the valuation of over US$ 3 billion by 2031, finds a recent study published by Fact.MR. The study opines that the convergence of healthcare practices and next-generation technologies will take an upsurge in the coming years, and this will make predictive diagnostics the ‘New Normal’ in the healthcare industry in the coming future. ...
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CTC Diagnostics: A Hot Pursuit in the Cancer Stem Cell Research Era

Feb 09, 2021

CTC Diagnostics: A Hot Pursuit in the Cancer Stem Cell Research Era
Circulating tumor cells (CTCs) are a blistering topic of oncological conferences and research due to their tremendous potential in the area of cancer diagnosis as well as treatment. The amount of research that CTCs have been doled with signals the lucrative growth prospects of the CTC diagnostics market, which is likely to surpass the valuation of over US$ 9.5 billion by 2030 - projects a recent study published by Fact.MR ...
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Toothpaste and Mouthwash to Remain Most Sought-after Oral Hygiene Products: Fact.MR

Feb 09, 2021

Toothpaste and Mouthwash to Remain Most Sought-after Oral Hygiene Products: Fact.MR
Increasing awareness regarding maintaining healthy oral hygiene has boosted sales of oral hygiene products over the years. Poor oral hygiene causes various diseases, starting from periodontal disease to more serious complications such as oral-dental trauma, oral cancer, and others. In order to prevent such diseases, more people are incorporating various oral hygiene products into their health regimes. According to Fact.MR, the global oral hygiene market is set to expand at over 5% CAGR during the forecast period from 2021 to 2031. ...
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Demand for Epoxy-based Concrete Floor Coatings to Rise on Account of Revolutionary Developments in Construction Industry: Fact.MR

Feb 09, 2021

Demand for Epoxy-based Concrete Floor Coatings to Rise on Account of Revolutionary Developments in Construction Industry: Fact.MR
Concrete floor coatings, which are mechanical and chemical stress-resistant layers on concrete floors, have high requirement in building, construction, and renovation industries. With these key end-use industries growing rapidly, demand for epoxy-based and other concrete floor coatings is spiraling upward. ...
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4 Out of 10 Maternal Nutrition Products Sold Across the World are Multivitamins: Fact.MR

Feb 08, 2021

4 Out of 10 Maternal Nutrition Products Sold Across the World are Multivitamins: Fact.MR
Demand for maternal nutrition products is driven majorly by North America, with nearly one-fourth of the production cluster positioned in the country, and favourable economy winds will bolster the market over the coming years. Key driving factors for maternal nutrition product demand are increasing manufacturing facilities and new entrants on the supply side. ...
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Sustainability Initiatives Supporting the Adoption of Eco-friendly Materials in Baby Cloth Diapers: Fact.MR

Feb 08, 2021

Sustainability Initiatives Supporting the Adoption of Eco-friendly Materials in Baby Cloth Diapers: Fact.MR
The 1950s witnessed the introduction of the first disposable diapers for mass consumption, and over the years, with reduction of production costs, disposables largely became the accepted standard among new parents. However, in the late 1990s, rise of social media and environmental awareness bolstered demand for cloth diapers. Reusable diapers also became popular with distribution channels such as discount stores and eBay, gaining consumer interest for baby cloth diapers. ...
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Demand for Cruiser Motorcycles to Surge the Fastest Across Regions: Fact.MR

Feb 08, 2021

Demand for Cruiser Motorcycles to Surge the Fastest Across Regions: Fact.MR
Demand for motorcycles has increased steadily over the past years due to their affordability factor, fuel efficiency, and wide variety on offer. While the outbreak of COVID-19 put a standstill to manufacturing motorcycles initially, recovery has taken place at quite a rapid pace. High demand for cruiser motorcycles is further fueling the sales for motorcycles manufacturers across geographies. ...
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Over 90% of High Purity Aluminium Demand to Come from Semiconductor Industry, Projects Fact.MR

Feb 05, 2021

Over 90% of High Purity Aluminium Demand to Come from Semiconductor Industry, Projects Fact.MR
Led by East Asia, the global high purity aluminium market is currently pegged at more than US$ 3.3 Bn, and is anticipated to grow at a rate of close to 11% over the long-term forecast period, i.e., 2020-2030. High purity aluminium, unlike other conductors, is a niche and expensive product. Therefore, demand for the product over the past half-decade has remained stable, and so has the price. ...
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Zinc Sulphate Monohydrate to Hold Two-third Market Share through 2030, Projects Fact.MR

Feb 05, 2021

Zinc Sulphate Monohydrate to Hold Two-third Market Share through 2030, Projects Fact.MR
Zinc sulphate supply is driven by China, accounting for more than one-third of the production cluster positioned in East Asia. Increasing zinc deficiency-related problems around the world and presence of zinc-deficient soils in a majority of regions are fuelling demand for zinc as a micronutrient in agriculture. This, in turn, is set to provide impetus to the growth of the zinc sulphate market, reveals Fact.MR in A recently published report. ...
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Global Demand for Connected Worker Solutions to Grow 7.7X by 2030: Fact.MR

Feb 04, 2021

Global Demand for Connected Worker Solutions to Grow 7.7X by 2030: Fact.MR
The global connected worker solutions market is set to vouchsafe a stonking growth of close to 23% over the next ten years, i.e. 2020-2030. Over the past half-decade, the market swelled at a noteworthy rate of 19.9%, on the back of dominant demand for industrial connectivity, globally. Moreover, the inception of industry 4.0, globally, has mandated industry verticals to go digital with their supply chain networks. Over this decade, demand for connected worker solutions is expected to rise exponentially with the high-end technologies such as IIOT (Industrial Internet of Things), 5G adoption by manufacturing industries in order to boost their productivity, and workplace safety. Furthermore, remote management of operational activities from industries is on the rise within manufacturing industries. Therefore, the inception of industry 4.0 and remote management adoption by industry verticals are set to bestow generous opportunity for the connected worker solutions market to burgeon.  ...
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Food Grade Sodium Trimetaphosphate to Account for Around 85% of Overall Demand, Projects Fact.MR

Feb 04, 2021

Food Grade Sodium Trimetaphosphate to Account for Around 85% of Overall Demand, Projects Fact.MR
Supply of sodium trimetaphosphate comes mostly from China, with more than 60% of the production cluster positioned in the country, favouring factors of economies of agglomeration. Increasing manufacturing of modified starch in the region is set to bolster demand for sodium trimetaphosphate, reveals Fact.MR, in a recently published report on the global sodium trimetaphosphate market. Key consumers of sodium trimetaphosphate have positioned themselves in China, and have been expanding their production facilities over 2015-2019. For instance, key modified starch manufacturer Ingredion has positioned itself in China to gain benefits from economies of density, coupled with lower cost of production. Also, demand for food grade sodium trimetaphosphate will outweigh that of technical and industrial grade by more than 8:2 over the coming years. ...
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Turnkey Designs to Provide Headwinds to Timber Frames Market, Opines Fact.MR

Feb 04, 2021

Turnkey Designs to Provide Headwinds to Timber Frames Market, Opines Fact.MR
Novel upfront technology and planning in framing turnkey designs of timber frame buildings are set to provide higher growth to the market over the long-term forecast period. Integrated frame designs are anticipated to cut construction schedule times by nearly 50%, and the overall cost of labor as well that is incurred with conventional building methods. ...
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Two-photon Microscopy to Hold around 90% Share of Multiphoton Microscopy Market: Fact.MR

Feb 03, 2021

Two-photon Microscopy to Hold around 90% Share of Multiphoton Microscopy Market: Fact.MR
Growing biomedical research for drug development and diagnostics of cancer is expected to build a favorable atmosphere for the growth of the multiphoton microscopy market in the near future. Moreover, various clinical development programs in several countries are focused at increasing cancer screening programs with the help of governments. This is leading to the early screening and diagnosis of cancer patients. Multiphoton microscopy is now also being used for imaging in clinical oncology diagnostic tests. Growing prevalence of cancer across the world is expected to fuel demand for multiphoton microscopy across geographies. ...
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Fabric-encased Geosynthetic Clay Liners to Account for two-third Market Share: Fact.MR

Feb 03, 2021

Fabric-encased Geosynthetic Clay Liners to Account for two-third Market Share: Fact.MR
The global geosynthetic clay liners market is set to experience a princely growth of around 7% CAGR over the ongoing decade, i.e. 2020-2030. Over the past half-decade, the market grew at a steady rate of 5.1%, thanks to preeminent demand from the construction and mining industry. Advancements in manufacturing processes and widespread adoption of geosynthetic clay liners (GCL) across multitude of applications have augmented market growth. Over the next ten years, extensive demand for custom polymer-coated GCL will complement market expansion. Also, large-scale infrastructure spending by developing nations is further predicted to drive demand over the coming years. ...
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Fiducial Markers Gaining Immense Traction as Standard Tool for Image-guided Radiotherapy: Fact.MR

Feb 01, 2021

Fiducial Markers Gaining Immense Traction as Standard Tool for Image-guided Radiotherapy: Fact.MR
Fiducial markers, tiny metal objects about the size of a grain of rice, are highly efficient in pinpointing the location of a tumor with high precision. As fiducial markers are an integral part of radiation therapy to target tumors without affecting nearby healthy tissues, they have high requirement in the healthcare and medical sectors. According to Fact.MR, the global fiducial markers market is set to expand at over 8% CAGR through 2031. ...
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Rising Popularity of Fishing Vacation Tours and Sales through e-Commerce Channels Driving Sports Fishing Equipment Market: Fact.MR

Jan 29, 2021

Rising Popularity of Fishing Vacation Tours and Sales through e-Commerce Channels Driving Sports Fishing Equipment Market: Fact.MR
The global sports fishing equipment market surpassed a US$ 2.5 Bn valuation in 2020, and is poised to reflect a moderate rate of growth through the forecast period (2021 and 2031). Sports fishing equipment sales are increasingly driven growing civilian interest in water sports and recreational fishing. The industry is likely to register a steady resurgence in growth in 2021 over 2020, as lockdown restrictions due to the COVID-19 pandemic are gradually being relaxed. The market outlook remains largely steady over the coming years, and is expected to register a 4.4% CAGR from 2021 to 2031. ...
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PVC Ceiling Tiles to Account for One-third Demand across End-use Sectors: Fact.MR

Jan 29, 2021

PVC Ceiling Tiles to Account for One-third Demand across End-use Sectors: Fact.MR
Growing trend of decorative exteriors and interiors in the construction industry has raised demand for ceiling tiles substantially in recent years. While acoustic ceiling tiles enhance the sound quality of a room, they are highly flexible and affordable too, and provide an aesthetic appeal to the interior. ...
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Artificial Intelligence to Significantly Drive Developments in Airport Runway Foreign Object Debris (FOD) Detection Systems Market: Fact.MR

Jan 28, 2021

Artificial Intelligence to Significantly Drive Developments in Airport Runway Foreign Object Debris (FOD) Detection Systems Market: Fact.MR
The global airport runway foreign object debris (FOD) detection systems market hit a US$ 36 Mn valuation in 2020, and is poised to reflect a promising growth rate through the forecast period of 2021 to 2031. Airport runway FOD detection system sales are increasingly driven by growth in civilian aircraft fleets. The global market is likely to register steady resurgence in growth in 2021 over 2020, as restrictions due the COVID-19 pandemic are gradually relaxed. The market outlook remains largely steady over the coming years, and is set to register a 7.5% CAGR over the next ten years. ...
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Tilapia Market to Witness Impressive Growth Owing to Surging Demand for Fresh Water Fish: Fact.MR

Jan 28, 2021

Tilapia Market to Witness Impressive Growth Owing to Surging Demand for Fresh Water Fish: Fact.MR
With increase in awareness regarding the advantages of fresh water fish, more consumers have been getting inclined toward the same since the past decade. Fresh water fish such as tilapia do not absorb salt from the water, and tend to have higher amounts of monounsaturated fatty acids, polyunsaturated fatty acids, and calcium. Tilapia, being a fresh water fish, contains high nutritional value, which improves health of the heart, bones, and brain, while also helping in weight management. ...
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Around 50% Demand for Skid Steer Loaders Expected from Construction Industry through 2031: Fact.MR

Jan 27, 2021

Around 50% Demand for Skid Steer Loaders Expected from Construction Industry through 2031: Fact.MR
The versatility of skid steer loaders, as far as their uses are concerned, complemented by features such as improved productivity, fuel efficiency, and reduced carbon emissions, make them the top choice across various industries such as agriculture, mining, and especially construction. With construction activities picking pace after temporary shutdowns in 2020 due to the COVID-19 pandemic, demand for skid steer loaders will see a steady rise across regions. Rising urbanization is necessitating the need for fast-tracking infrastructure projects such as construction of highways, metros, roads, and ports, where these loaders are used on a large scale. They can also be used in compact spaces, and can perform a range of tasks by changing their attachments, which further drives demand from various industries. ...
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Fact.MR’s new study tracks microfibrillated cellulose fiber demand in 20+ high growth markets. Which application and industry will hold sway? Fact.MR explores.

Jan 27, 2021

Fact.MR’s new study tracks microfibrillated cellulose fiber demand in 20+ high growth markets. Which application and industry will hold sway? Fact.MR explores.
Growing interest towards sustainable and clean label packaging solutions is likely to drive demand for microfibrillated cellulose (MFC) fiber in a diverse range of industries, including food and beverages and cosmetics & personal care. Increasing influence of modern retail and consumer preference for convenience foods, while in line with regulatory policies, are set to spur MFC fiber adoption. The packaging and paper sector is also witnessing significant penetration. The use of MFC in paper applications reduces the need of raw materials, as its bio-degradable characteristics aid sustainability objectives ...
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Sports Outlets to Account for Over 40% Sales of Women’s Swimwear through 2031: Fact.MR

Jan 27, 2021

Sports Outlets to Account for Over 40% Sales of Women’s Swimwear through 2031: Fact.MR
With rise in swimming activities across the world, demand for women’s swimwear has seen steady increase over the past decade. High demand for polyester and nylon swimsuits, especially tank suits, is aiding market growth. As per Fact.MR analysis, the global women’s swimwear market is forecast to expand at over 3% CAGR through 2031. ...
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Higher Levels of Health Awareness Boosting Prospects for Athletic Footwear Post COVID-19 Crisis: Fact.MR Report

Jan 22, 2021

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

Jan 21, 2021

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

Jan 21, 2021

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

Jan 20, 2021

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

Jan 19, 2021

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

Jan 18, 2021

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

Jan 15, 2021

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

Jan 14, 2021

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

Jan 13, 2021

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

Jan 12, 2021

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

Jan 12, 2021

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

Jan 11, 2021

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

Jan 08, 2021

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

Jan 07, 2021

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

Dec 24, 2020

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

Dec 24, 2020

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

Dec 24, 2020

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