Media Releases


Airport Runway FOD Detection System Market Slated to Grow 1.4X amidst Installation & Maintenance Challenges Posed by Covid-19 Outbreak, Finds Fact.MR

May 05, 2020

Airport Runway FOD Detection System Market Slated to Grow 1.4X amidst Installation & Maintenance Challenges Posed by Covid-19 Outbreak, Finds Fact.MR
The global airport runway FOD detection system market is poised to grow steadily at a CAGR of ~4% across the forecast period (2020-2030). Aviation authorities across the globe are focusing on adoption of airport runway FOD detection systems to ensure safety of aircrafts. Surge in new air travelling routes and a substantial increase in frequency of existing routes will continue to bolster growth for the airport runway FOD detection systems market. ...
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Widening Application Scope and COVID-19 Crisis, Set to Boost Market Growth of Immunoassays, Concludes Fact.MR

May 04, 2020

Widening Application Scope and COVID-19 Crisis, Set to Boost Market Growth of Immunoassays, Concludes Fact.MR
As the number of chronic and infectious diseases compound, medical advancements have grown in equal proportion. The global immunoassays market is one such domain. It is poised to register a positive growth trend, expanding at a CAGR of 6.0% throughout the forecast period (2020-2026). Medical practitioners are increasingly relying on analyzer technique such as enzyme-linked immunosorbent assay (ELISA), immunofluorescent assay (IFA) and chemiluminescence immunoassay (CLIA) to detect infectious pathogens. ...
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Global Fluid Management Market Poised to expand moderately, on Back of Rising Cases of End-stage Renal Disease (ESRD), Says Fact.MR

Apr 30, 2020

Global Fluid Management Market Poised to expand moderately, on Back of Rising Cases of End-stage Renal Disease (ESRD), Says Fact.MR
Fluid management is an integral component of patient care. It entails regulation and maintenance of overall fluid levels within the body. Each patient’s individual fluid needs differ, making the process extremely delicate. Fluid Management has shown increased application among patients suffering from end-stage renal disease (ESRD), an adverse condition arising out of diabetes. Since kidney function drops to only 10-15% in this stage, it becomes very important to manage the fluid build-up inside the blood. On the back of this trend, the global fluid management market is anticipated to register a moderate growth of 5.3% during the forecast period (2020-2025) ...
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Edge Computing Market Exhibits Stellar 30% Growth on the back of Proliferating Digital Transformation Trends amid COVID-19, Finds Fact.MR Report

Apr 29, 2020

Edge Computing Market Exhibits Stellar 30% Growth on the back of Proliferating Digital Transformation Trends amid COVID-19, Finds Fact.MR Report
The global edge computing market exhibits a skyrocketing growth trajectory with 30% CAGR during the forecast period (2020 - 2030). Edge computing sensors, and routers act as input mechanisms for industrial automation. When combined with edge-managed platforms, organizations can remotely monitor, and control production processes. Market players are investing in expanding their global footprint in high-growth regions such as East Asia. ...
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Global Thermal Transfer Label Market to Grow at a Steady Clip, Shortfalls in Stock Projected in Near Term amid COVID-19 Crisis, Says Fact.MR

Apr 29, 2020

Global Thermal Transfer Label Market to Grow at a Steady Clip, Shortfalls in Stock Projected in Near Term amid COVID-19 Crisis, Says Fact.MR
The global thermal transfer label market is poised to grow at a steady CAGR of 5% over the forecast period (2020-2030). Adoption of e-commerce platforms and soaring demand for ready-to-eat food from hyper-markets and super-markets has facilitated growth of the thermal transfer label market. Furthermore, high growth witnessed in shipping and electronics industry has upheld demand for thermal transfer labels. ...
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Global Aluminium Foil Packaging Market to Witness Positive Growth of 6%, Covid-19 to Boost Market Prospects, Concludes Fact.MR

Apr 28, 2020

Global Aluminium Foil Packaging Market to Witness Positive Growth of 6%, Covid-19 to Boost Market Prospects, Concludes Fact.MR
The global aluminium foil packaging market is poised to reach US$ 40 Bn by 2030, with a steady growth rate of 6% over the forecast period. Mounting demand for ready-to-eat foods and increasing demand for pharmaceutical products, amid the COVID-19 crisis is providing significant growth opportunities for the aluminum foil packaging market. Presence of e-commerce platforms and increasing number of online food delivery aggregators have also contributed to the development of global aluminium foil packaging market at a global level. ...
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Trend of Caravanning as a Recreational Activity to Drive Automotive Towbar Market through 2030, Sales to Marginally Decline in Short Term amid COVID-19 Crisis, Says Fact.MR

Apr 28, 2020

Trend of Caravanning as a Recreational Activity to Drive Automotive Towbar Market through 2030, Sales to Marginally Decline in Short Term amid COVID-19 Crisis, Says Fact.MR
The global automotive towbar market is expected to surpass a valuation of US$ 4.4 Bn at the end of 2020 and is projected to grow at a value CAGR of more than 3% during the forecast period 2020-2030. The global sales of automotive towbars will decline in the near term owing to the outbreak of COVID-19 and the prolonged slowdown in the automotive industry. ...
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Hydroxymethylybutyrate (HMB) Market to Surpass US$ 90 Mn through 2030, with High Demand Growth from North America, Projects Fact.MR

Apr 28, 2020

Hydroxymethylybutyrate (HMB) Market to Surpass US$ 90 Mn through 2030, with High Demand Growth from North America, Projects Fact.MR
The global HMB market is projected to grow at a modest CAGR of 6% during the forecast period (2020-2030). The growth can be attributed to high demand growth in sports supplements and dietary supplements. From the pricing perspective of HMB, HMB product cost is significantly lower owing to the ease of availability of raw materials. ...
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Heart Valve Devices Market to Witness Astounding Growth, Invigorated by Adoption of Transcatheter Aortic Valve Replacement (TAVI) Procedures, Concludes Fact.MR

Apr 28, 2020

Heart Valve Devices Market to Witness Astounding Growth, Invigorated by Adoption of Transcatheter Aortic Valve Replacement (TAVI) Procedures, Concludes Fact.MR
On the back of these factors, the global heart valve devices market is anticipated to grow staggeringly, at a healthy CAGR of 13.4% during the forecast period (2020-2025). The global heart valve devices market shall surpass a valuation of US$ 16.2 Bn by the end of 2025. ...
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Global Gastrointestinal (GI) Bleeding Treatment Market to Witness Moderate Growth, Market Receiving Tailwinds from New Product Launches, Opines Fact.MR

Apr 28, 2020

Global Gastrointestinal (GI) Bleeding Treatment Market to Witness Moderate Growth, Market Receiving Tailwinds from New Product Launches, Opines Fact.MR
The global gastrointestinal bleeding treatment market is set to expand moderately at a CAGR of 5.1% between 2020 and 2026, attributed to preference for endoscopic hemostasis to correct GI problems. Gastrointestinal problems, particularly upper gastrointestinal bleeding (UGIB), are becoming more prevalent across the world. It is, therefore, no surprise to notice an upsurge in the cases of hospitalization across the world. The gastrointestinal bleeding treatment guidelines necessitate the need for surgical intervention which has increased multifold since the past few years. ...
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Golf Apparel Market to Witness Modest 4% Growth, Demand Upheld from the Men’s Segment, Concludes Fact.MR

Apr 28, 2020

Golf Apparel Market to Witness Modest 4% Growth, Demand Upheld from the Men’s Segment, Concludes Fact.MR
North America accounts for more than one third share in the golf apparel market, and the demand in the region is expected to show an upward trend during the forecast period. Bottom wear is expected to experience high growth in comparison with top wear owing to diversified portfolio comprising of bottom wear such as pants and shorts. ...
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Canned Motor Pumps Market to Witness Sluggish 3% Growth, as Demand Plummets in Myriad End-Use Sectors amid COVID-19 Crisis, Infers Fact.MR

Apr 28, 2020

Canned Motor Pumps Market to Witness Sluggish 3% Growth, as Demand Plummets in Myriad End-Use Sectors amid COVID-19 Crisis, Infers Fact.MR
Pegged at US$ 2.4 billion in 2020, the canned motor pumps market is poised to grow at a CAGR of 2.8%. However, amid the COVID-19 pandemic, the market is projected to remain stagnant for the next couple of fiscal quarters. This is attributed to a significant drop in demand due to business closures in many countries.  As infections soar, the adoption of canned motor pumps is expected to remain low in several end-use industries such as chemical, oil & gas and power industries amid volatile market conditions. ...
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Global Refractories Market to Foray Ahead with Heightening Demand from Steel Industries, Says Fact.MR

Apr 25, 2020

Global Refractories Market to Foray Ahead with Heightening Demand from Steel Industries, Says Fact.MR
Global refractories market is forecast to reflect moderate growth of under 4% during the forecast period. Steel sector for refractories, among all end use industries is well positioned to continue dominating the demand pie with close to three fourth of the overall refractories consumption by 2030. The years ahead are forecast to experience new trends of clay-based refractories, which will put more pressure on steel, cement and other allied industries to satisfy the ever increasing consumer demand. ...
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Global Cyclopentane Market to Observe an Upswing with Technological Advancements, Demand Muted in Near Term with Suspension of Construction Activities, Opines Fact.MR

Apr 25, 2020

Global Cyclopentane Market to Observe an Upswing with Technological Advancements, Demand Muted in Near Term with Suspension of Construction Activities, Opines Fact.MR
The global cyclopentane market is projected to witness an uptick, registering an impressive growth rate of 8% by 2030. This positive development can be ascribed to improvements in the quality of fridge protection materials, supplanting of HCFCs with cyclopentane as a frothing specialist for polyurethane froths, and reception of cyclopentane by noticeable cooler makers as an alternative over ozone depleting substance producing materials in the protection procedure. Cyclopentane finds its application in commercial and residential refrigerators and as an insulator in the construction industry. ...
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Probiotic Cosmetic Products to be Moderately Impacted during Covid-19, to Experience Resurgence Post Pandemic, opines Fact.MR

Apr 25, 2020

Probiotic Cosmetic Products to be Moderately Impacted during Covid-19, to Experience Resurgence Post Pandemic, opines Fact.MR
The global probiotic cosmetic product demand for leave-on products is expected to grow at a CAGR of nearly 11% by 2020-2030, owing to the ease in applicability of the products. However, the rinse-off market is expected to grow by 6X during the forecasted period. ...
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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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