Media Releases


Hair Fixative Polymers Market on a Steady Course, Growth Sustained by Natural Hair Styling Products, Reveals Fact.MR

Mar 26, 2020

Hair Fixative Polymers Market on a Steady Course, Growth Sustained by Natural Hair Styling Products, Reveals Fact.MR
Non-ionic polymers accounted for over 2/5th of the total demand in global hair fixative polymers market in 2018. High demand of non-ionic polymers is attributed to its extensive health benefits in numerous hair care products on the premise of strong demand for water soluble solutions in hair treatment. ...
READ MORE
Surging Adoption of Industry 4.0 Technologies to Propel Smart Lock Market to 4X Growth through 2029, Concludes Fact.MR Study

Mar 26, 2020

Surging Adoption of Industry 4.0 Technologies to Propel Smart Lock Market to 4X Growth through 2029, Concludes Fact.MR Study
Heightened connectivity of smart devices with public, private, and residential infrastructure generating a simultaneous demand for smart locks. Enhanced security, safety, and monitoring of properties for theft prevention is enabling the deployment of smart lock systems. The global smart locks market is projected to grow at a dexterous 16% CAGR through 2029. Countries across the world are leveraging advancement in infrastructural technology such as smart surveillance, enhanced sensors, and mobile control of security systems. Market players are heavily investing in research and development of smart slocks to increase convenience and enhance security. ...
READ MORE
Foley Catheters to Witness an Uptick in Demand, on Back of Increasing Cases of Urological Disorders, concludes Fact.MR

Mar 25, 2020

Foley Catheters to Witness an Uptick in Demand, on Back of Increasing Cases of Urological Disorders, concludes Fact.MR
Neurological disorders such as multiple sclerosis, cerebral palsy, spinal trauma and strokes also generate urological disorders, which in turn is leveraging the demand for foley catheters. On the back of these demand trends, the foley catheter market is set to experience steady growth during the forecast period (2020-2027), registering a CAGR of 5.9%. ...
READ MORE
Residential Electric Grill Market on a Positive Growth Trajectory, Growth Sustained by Soaring Demand for Electric Grills in North America, Concludes Fact.MR

Mar 25, 2020

Residential Electric Grill Market on a Positive Growth Trajectory, Growth Sustained by Soaring Demand for Electric Grills in North America, Concludes Fact.MR
The residential electric grill market is estimated to be valued at more than US$ 900 million, and is poised to grow at a positive CAGR of over 7% during the forecast period. Indoor use without smoking issues typically associated with conventional charcoal grills are giving a boost to the electric grill market. With a booming electronic equipment industry, the demand for residential electric grill is anticipated to showcase a bullish run. Based on the consumer trend for a pleasant, in-home grilling experience, leading companies are concentrate on integrating new features in electrical grills that allow end-users to quickly and easily cook grilled items. ...
READ MORE
Cost-efficiency and End-use Versatility to Propel Geotextile Market to Stellar 11% Growth, Opines Fact.MR

Mar 25, 2020

Cost-efficiency and End-use Versatility to Propel Geotextile Market to Stellar 11% Growth, Opines Fact.MR
Surging road construction in developing economies and proliferation of measures taken to prevent soil erosion is driving sales of geotextiles. Governments around the world are propagating the use of geotextiles to increase pavement life in a cost-efficient manner. The global geotextile market will grow three-fold during the forecast period (2019-2029). Advancements in material science to improve polyethylene, propylene, and polyether production will positively impact the geotextile manufacturing processes. Innovations in raw-materials such as bio-based geotextiles will further the adoption of geotextiles. ...
READ MORE
Automotive Electronics Market Exhibits Strong 8.5% CAGR through 2029, Opines Fact.MR

Mar 25, 2020

Automotive Electronics Market Exhibits Strong 8.5% CAGR through 2029, Opines Fact.MR
Surging automotive sales amid increasing penetration of new technologies such as the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) is propelling the demand for automotive electronic components. The global automotive electronics market will grow more than two-fold during the forecast period (2019-2029). Developments such as autonomous driving, connected vehicles, and advanced driver assistance systems (ADAS) are giving impetus to the requirement of automotive electronic products such as electronic control units, sensors, current carrying devices, and others. ...
READ MORE
Sandblasting PPE Market to Surpass US$ 588 Mn, Construction & Marine Sector Poised to Hold Major Chunk of Market Share, Reveals Fact.MR

Mar 25, 2020

Sandblasting PPE Market to Surpass US$ 588 Mn, Construction & Marine Sector Poised to Hold Major Chunk of Market Share, Reveals Fact.MR
The abrasive blasting industry has witnessed significant changes in the past couple of years. Demand for Sandblasting PPE is increasing due to the rising awareness among industrial workers for employee and work place safety. There has also been a change in the industrial approach towards safety with an increasing preference for personal protective equipment products, with many stakeholders investing in them. However, sandblasting PPEs with high end features come with an inflated price tag, a growing challenge faced by the end users.  ...
READ MORE
Building Information Modeling, to Be a Catalyst for Fundamental Change in the Construction Industry

Mar 25, 2020

Building Information Modeling, to Be a Catalyst for Fundamental Change in the Construction Industry
Providing the much-needed data reliability and consistency, the global building information modeling market is booming. The market was pegged at US$ 4.7 Bn in 2019. According to the Institution of Civil Engineers (ICE), the global construction market will grow by 85 per cent to reach US$ 15.5 Trillion by 2030 due to rapid developments in US, India and China. Skyscrapers are touching new height records, gigantic tunnels are paving the way for new transport networks, and bridges are covering more distances in an unprecedented way which is propelling the building information modeling market ...
READ MORE
Demand for Armour Steel Plates to Gather Pace, With Increasing Defence Expenditure

Mar 25, 2020

Demand for Armour Steel Plates to Gather Pace, With Increasing Defence Expenditure
In a global race to showcase high military dominance, major economies such as the United States, Russia, China, the UK, and India have undergone a series of defence modernization programs. This situation is presenting a cluster of opportunities for the armour steel plate market growth over the assessment period. A rise in government initiatives to modernize and recapitalize the militaries and armed forces including battle tanks and bulletproof vehicles is giving impetus to market growth. ...
READ MORE
Lignin Market to Surpass US$ 900Mn, Growth Sustained with Lignosulphonates Capturing 75% of Market Share, Says Fact.MR

Mar 25, 2020

Lignin Market to Surpass US$ 900Mn, Growth Sustained with Lignosulphonates Capturing 75% of Market Share, Says Fact.MR
Lignin, which is the second most abundant renewable biopolymer found in nature has gained traction over the years as a bio-based alternative for petroleum-based raw materials. It is primarily used in the synthesis of Vanillin, Carbon Fiber, Phenol, and BTX. Besides, elevating consumption of lignin in oil well drilling fluids, concrete, and agriculture chemicals is set to drive the global lignin market over the forecast period.  Global lignin market is forecast to reflect sluggish growth under 3% during the forecast period. Lignosulphonates among all products of lignin are well-positioned to continue their reign throughout the forecasted timeframe, with close to three fourth of the overall lignin consumption by 2029, reveals Fact.MR in a recently published report on global lignin market. As per the report, global lignin market is forecast to surpass US$ 900 Mn by 2029. ...
READ MORE
Sales of Titanium Dioxide to Spike, with Paints & Coatings to Account for ~60% Demand Share, Finds Fact.MR

Mar 24, 2020

Sales of Titanium Dioxide to Spike, with Paints & Coatings to Account for ~60% Demand Share, Finds Fact.MR
In the recent past, titanium dioxide emerged as an effective coating pigment owing to its high refractive index and light-phobic properties. Globally, the paints industry consumed more than 3Mn Tons of titanium dioxide in 2019. Infrastructural activities coupled with rising commercial and residential construction is ramping up the demand for paints & coatings, thereby escalating the growth of the overall titanium dioxide market during the forecast period. ...
READ MORE
Activated Charcoal Supplements Market on Steady Growth Trajectory, Set to Reach US$11Bn through 2027, Projects Fact.MR

Mar 24, 2020

Activated Charcoal Supplements Market on Steady Growth Trajectory, Set to Reach US$11Bn through 2027, Projects Fact.MR
Demand for activated charcoal supplements continues to soar on its wider availability, changing consumer lifestyles as well as increasing demand for detox supplements. In addition, overall spending on health supplements has also reported an upward swing. Surge in the demand for activated charcoal supplement has propelled retailers to move activated charcoal supplements to the forefront in retail outlets. This has significantly bolstered sales, of activated charcoal supplements which are estimated to reach ~US$ 11 Bn by 2027, reveals a recently published report by Fact.MR. Every million-dollar spent on supplements creates an absolute dollar opportunity of over 6% for activated charcoal supplements manufacturers. ...
READ MORE
Construction Equipment Rental Market to Witness 1.6X Growth, on back of High Cost of Next-Gen Construction Equipment, Finds Fact.MR

Mar 24, 2020

Construction Equipment Rental Market to Witness 1.6X Growth, on back of High Cost of Next-Gen Construction Equipment, Finds Fact.MR
An impetus in construction, mining, and agriculture sector globally, acts as a central driving force behind the growth of the construction equipment rental market. The high cost of procuring next generation construction equipment with features such as lift assist, predictive maintenance systems, and 360 vision cameras, heighten the demand for rental services. The global construction equipment rental market will grow 1.6X during the forecast period (2019-2029). Booming infrastructure development in emerging and developed countries will continue to generate demand for construction equipment rental services. ...
READ MORE
Gemcitabine HCl Market to Grow 1.7X during 2020-2027; Favorable Government Policies to Boost Revenue Growth, Finds Fact.MR

Mar 24, 2020

Gemcitabine HCl Market to Grow 1.7X during 2020-2027; Favorable Government Policies to Boost Revenue Growth, Finds Fact.MR
Cancer is among the leading causes of mortalities across the globe. Alerted by the situation, governments in developed and developing regions are conducting awareness programs to reach the sections of the society where cancer awareness is abysmal. Moreover, agencies such as the food & drug administration (FDA) are showing promptness in approving drugs for cancer treatment. As these trends gain momentum, the global gemcitabine HCl market value will expand nearly 1.7X over 2020-2027, growing at a healthy growth rate. ...
READ MORE
Fox Nuts Market on Robust Growth Trajectory, with Asia Pacific Accounting for More than 2/3rd of the Global Market Share for Fox Nuts, Finds Fact.MR

Mar 24, 2020

Fox Nuts Market on Robust Growth Trajectory, with Asia Pacific Accounting for More than 2/3rd of the Global Market Share for Fox Nuts, Finds Fact.MR
The fox nuts market continues to witness robust growth, with a stellar CAGR of 9.0% during 2019-2027, according to a recent Fact.MR study. The market analysis has revealed that the growing demand of nutritious snacks and healthy food products have led to the growth of fox nuts in the global market. The overall sales of fox nuts is likely to reach more than US$ 91 Mn by 2019 end and is expected to grow at a significant rate over the forecast period due to the growing demand for roasted and popped fox nuts across the developing as well as developed countries. In addition, the proliferating food industry along with the introduction of new flavored fox nuts are some of the key factors anticipated to boost the overall sales of fox nuts during the forecast period. ...
READ MORE
Gene Therapy Market to hit US$ 5 Bn by 2026; Investment Upsurge in Gene-related R&D Projects to Bolster Growth, Concludes Fact.MR

Mar 24, 2020

Gene Therapy Market to hit US$ 5 Bn by 2026; Investment Upsurge in Gene-related R&D Projects to Bolster Growth, Concludes Fact.MR
Despite the ongoing issues, the worldwide revenue of gene therapy market will surpass US$ 5 Bn by 2026, exhibiting a stellar growth rate. At-scale investments in the field of gene-related R&D, and increasing number of late-stage gene therapy candidates in oncology and other genetic disorders are likely to oil the growth engine. ...
READ MORE
Tocopheryl Acetate Market to Record Steady Growth, with High Uptake in Animal Feed Industry, Finds Fact.MR

Mar 24, 2020

Tocopheryl Acetate Market to Record Steady Growth, with High Uptake in Animal Feed Industry, Finds Fact.MR
According to the Personal Care Products Council, tocopherol acetate has reported highest levels of concentration, up to 36% in leave-on formulations. Tocopheryl acetate is the only form of vitamin E which is used at 100% concentration in Vitamin E oils. As vitamin E is an essential vitamin for the good health of livestock and poultry, it has become one of the key ingredients to produce high value, compound animal feeds. Tocopheryl acetate is an ester form of tocopherol and offers reduced susceptibility to degradation in open environments and at high processing temperatures. This is anticipated to uphold its demand in animal feed and cosmetic formulations. The market is pegged to grow at a modest CAGR of ~4% during the forecast period. ...
READ MORE
Assistive Technologies Demand for Visually Impaired Market to Register Impressive Growth, to Surpass US$ 7,170.2 Mn by 2026

Mar 20, 2020

Assistive Technologies Demand for Visually Impaired Market to Register Impressive Growth, to Surpass US$ 7,170.2 Mn by 2026
Technological advancements, combined with adequate research and development, has led to a significant development in assistive technologies. The introduction of electronic mobility aids like Ray and UltraCane have led to incredible developments in the assistive technologies for visually impaired market. ...
READ MORE
Appointment Scheduling Software Market on a Stellar Growth Trajectory on Back of Time Optimization and Seamless Appointment Booking, Says Fact.MR

Mar 20, 2020

Appointment Scheduling Software Market on a Stellar Growth Trajectory on Back of Time Optimization and Seamless Appointment Booking, Says Fact.MR
Fact.MR, in its most current study opines that the global appointment scheduling software market is smartly poised to witness a growth rate of over 11% and reach a value of over US$ 500 Mn by 2027. Consumers in the service industry seek exclusive access to service providers and seamless appointment booking. With internet taking the technology world by storm, effective appointment scheduling software will provide companies limitless opportunities to seize leadership positions and capture market value. ...
READ MORE
All-Electric Satellites Poised to Witness Rampant Adoption, on Back of Extended Mission Capabilities, Concludes Fact.MR

Mar 20, 2020

All-Electric Satellites Poised to Witness Rampant Adoption, on Back of Extended Mission Capabilities, Concludes Fact.MR
The all-electric satellite market is projected to be valued at more than US$ 18 billion, and is poised to grow at a staggering CAGR of over 11% during the forecast period. As existing operators are preferring all-electric propulsion mechanisms, the satellite industry is witnessing a steady uptake of all-electric satellites. All-electric satellites are a new category of satellites providing extended mission time along with improved efficiency.  ...
READ MORE
Escalating Demand for Antimicrobial and Antioxidant Preservatives to Amplify Market Growth, Finds Fact.MR

Mar 20, 2020

Escalating Demand for Antimicrobial and Antioxidant Preservatives to Amplify Market Growth, Finds Fact.MR
On the basis of chemical type, phenoxyethanol has maintained its supremacy in the personal care and cosmetic preservatives market and is poised to chart an upward trajectory in the market throughout the assessment period. ...
READ MORE
Trend of Vehicle Electrification and Autonomous Mobility to Act as a Growth Lever for Electronic Grade Hydrogen Peroxide Market, Concludes Fact.MR

Mar 20, 2020

Trend of Vehicle Electrification and Autonomous Mobility to Act as a Growth Lever for Electronic Grade Hydrogen Peroxide Market, Concludes Fact.MR
Adoption of electronics systems and sensors with pronounced safety features is proliferating in the automotive sector. The scenario is projected to continue at a higher rate due to E-Mobility and emerging technologies such as autonomous vehicles. Increasing consumption of semiconductors used in automotive for various microcontrollers and sensors will cost over US$ 600 per car by 2022. Trend of automation, electrification, digital connectivity, safety and security will amplify the demand for semiconductors. Super pure hydrogen peroxide has emerged as a new material of choice as a cleaning agent during semiconductor manufacturing and aforementioned growth of semiconductor industry will expand electronic grade hydrogen peroxide market at a CAGR of 4.6% during the forecast period. ...
READ MORE
Soaring Chocolate Consumption to Scale up the Demand for Interesterified Fats Market, Finds Fact.MR

Mar 20, 2020

Soaring Chocolate Consumption to Scale up the Demand for Interesterified Fats Market, Finds Fact.MR
Interesterified fats have a lower composition of trans fats which enhances its applicability in confectionery as a suitable substitute to cocoa butters. On this backdrop, Fact.MR in its newest report estimates that the global interesterified fats market will witness an absolute dollar opportunity of over US$ 500 Mn during 2019 - 2029.  ...
READ MORE
Aromatherapy Diffuser Market to Witness 2.2X Growth on Back of Favorable Regulations for Plant Cultivation Having Aromatic Properties, Finds Fact.MR

Mar 20, 2020

Aromatherapy Diffuser Market to Witness 2.2X Growth on Back of Favorable Regulations for Plant Cultivation Having Aromatic Properties, Finds Fact.MR
Support from the science community in propounding the benefits of aromatherapy on mental health has had a positive impact on aromatherapy diffuser market. The resultant prevalence of aromatherapy among millennial consumers drive demand for aromatherapy diffusers during the forecast period (2019-2029). Consumer trends such as meditation, and spa & salon services will heighten demand growth for aromatherapy diffusers. The global aromatherapy diffuser market will grow at a stellar growth rate of more than 8% through 2029. Apart from consumer trends, favorable statutory regulations on cultivation of plants emanating aromatic compounds is proving to be a boon for aromatherapy diffuser manufacturers. ...
READ MORE
Global Automated External Defibrillators Market Shows Impressive Growth, Market Invigorated by Increased Funding on Cardiac Research, Says Fact.MR

Mar 20, 2020

Global Automated External Defibrillators Market Shows Impressive Growth, Market Invigorated by Increased Funding on Cardiac Research, Says Fact.MR
On the back of these factors, the global automated external defibrillators market is expected to be leveraged tremendously in the future. A whopping CAGR of 16.1% is projected for the forecast period 2020-2025. Technological innovations and increasing government involvement through research funding shall also augment the demand for automated external defibrillators.  ...
READ MORE
Robotic Process Automation set for Double-digit Growth; Evolving Workforce Expectations Drive Demand Growth, Opines Fact.MR

Mar 19, 2020

Robotic Process Automation set for Double-digit Growth; Evolving Workforce Expectations Drive Demand Growth, Opines Fact.MR
Organizations worldwide are identifying processes that can be automated. This is in response to the increase in productivity and efficient use of resources that robotic process automation offers. The global robotic process automation market will project an astounding 17X growth from 2019 to 2029. This can be attributed to the growing adoption of industry 4.0 technologies in modern manufacturing. On the back of benefits such as precision, capacity expansion, and significant reduction in time-to-market of products, robotic process automation is set for a sky rocketing growth trajectory. ...
READ MORE
Connected Automotive Ecosystem to Boost Adoption of Automotive Remote Diagnostic Services, Says Fact.MR

Mar 19, 2020

Connected Automotive Ecosystem to Boost Adoption of Automotive Remote Diagnostic Services, Says Fact.MR
The global automotive remote diagnostics market surpassed a valuation of US$7.1 Bn in 2019 and is estimated to create an absolute $ opportunity of more than US$ 25.7 Bn by the end of forecast period. The demand for automotive remote diagnostics is on the rise owing to the need for improved vehicle performance coupled with connected services across myriad vehicle applications. Furthermore, increasing focus of automotive manufacturers towards IoT (Internet of Things) in vehicles has enabled them to offer various features like remotely monitoring the condition of the vehicle which is foreseen to bolster the growth of the automotive remote diagnostics market. ...
READ MORE
Flow Meter Market on a Strong Growth Trajectory, on Back of Resurgence in Oil & Gas Sector, Opines Fact.MR

Mar 19, 2020

Flow Meter Market on a Strong Growth Trajectory, on Back of Resurgence in Oil & Gas Sector, Opines Fact.MR
The recent discovery of shale gas reserves coupled with resurgence in the oil & gas sector is heightening the demand for flow meters through 2029. The global flow meter market will grow 2.3X during the forecast period. On the back of increasing redundancy of conventional measuring methods and need for accuracy, & reliability of yield measurement, flow meter market is set for continuous growth from 2019 to 2029. Stringent regulations regarding water pollution around the globe are adding to the demand of flow meter products as these play an indispensable role in measuring input and output of treatment plants. Development of smart flowmeters that run on batteries, fit in tight spaces, and conduct multivariate measurements are leading to high demand growth of flow meter products.  ...
READ MORE
Personal Protective Equipment Market Exhibits Promising Growth on the back of Surging Construction Initiatives, Finds Fact.MR

Mar 19, 2020

Personal Protective Equipment Market Exhibits Promising Growth on the back of Surging Construction Initiatives, Finds Fact.MR
On the back of surging infrastructure development and oil & gas exploration projects, the global personal protective equipment market is expected to grow two-fold during the forecast period (2019-2029). Increasingly stringent labor safety laws across the globe are giving an uptick to the demand for personal protection while working in high-hazard industries. Advancements in material science and manufacturing technologies are further set to enhance the adoption of cost efficient protective gear. Rapid urbanization in developing economies generates multiplying demand in construction applications of the product. Personal protective equipment will witness a surging demand owing to these factors in the coming years.  ...
READ MORE
Surge in Geopolitical Tensions to Boost Demand for Earth Observation Services, Market to Record Steady Growth of 5%, Projects Fact.MR

Mar 19, 2020

Surge in Geopolitical Tensions to Boost Demand for Earth Observation Services, Market to Record Steady Growth of 5%, Projects Fact.MR
Escalating geopolitical tension has heightened global defense expenditure. Investments have ramped up for technological products and services including earth observation. Further, governments across the globe have also increased their focus on disaster management, environmental studies and nature conservation which is expected to be pivotal to the growth of earth observation in the projection period. Apart from defense and governments who are the key clientele for earth observation, several commercial enterprises including power and energy, infrastructure and maritime are also considering the advantages of earth observation, which is expected to impact the market. On this premise, the earth observation market is poised to witness steady growth of 5% over the forecast period (2019-2029) ...
READ MORE
Global Flow Cytometry Market to Register Impressive Growth, Demand Upheld by Cancer and Stem Cell Research, Says Fact.MR

Mar 19, 2020

Global Flow Cytometry Market to Register Impressive Growth, Demand Upheld by Cancer and Stem Cell Research, Says Fact.MR
On the back of the aforementioned factors, the global flow cytometry market is set to get leveraged in the future. A staggering CAGR of 11.4% is projected for the forecast period 2020-2025, and the market is anticipated to surpass a valuation of US$ 8,119.6 Mn by the end of the forecast period.  ...
READ MORE
Communication Test Equipment Market to Witness Steady Growth, Backed by Adoption of Next-Generation Network (NGN), Opines Fact.MR

Mar 18, 2020

Communication Test Equipment Market to Witness Steady Growth, Backed by Adoption of Next-Generation Network (NGN), Opines Fact.MR
Owing to its modest growth outlook in the past and heightening demand with the introduction of 5th Generation network, communication test equipment market is anticipated to grow 1.5X through 2029. Furthermore, broadband penetration with FTTH (Fiber-to-the-home) initiatives by regional and global governmental bodies has also giving an uptick to its demand, thus creating the additional need for optical fiber communication test equipment. This mounting demand of communication test equipment is set to contribute US$ 5 Bn to global communication equipment market by end of forecast period. ...
READ MORE
Air Purifier Market to Multiply 2.7X with Rampant Adoption in South Asia and Oceania, Opines Fact.MR

Mar 18, 2020

Air Purifier Market to Multiply 2.7X with Rampant Adoption in South Asia and Oceania, Opines Fact.MR
Alarming air pollution levels coupled with rising health consciousness among consumers is set to bolster the growth of air purifier market. Increasing disposable incomes of millennials and constant upgrades in their standard of living are upholding the demand for air purifier products. The global air purifier market will grow at a stellar 10% CAGR during the forecast period (2019 – 2029). Increasingly stringent regulations on air pollution is propelling the demand for air purifiers from industrial applications. Research and development in air purification methods will further expand revenue pools of manufacturers in the air purifier market.  ...
READ MORE
Computer Aided Engineering Market to Double Between 2019 and 2029, Finds Fact.MR

Mar 18, 2020

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

Mar 18, 2020

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

Mar 17, 2020

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

Mar 17, 2020

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

Mar 17, 2020

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

Mar 17, 2020

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

Mar 16, 2020

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

Mar 16, 2020

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

Mar 16, 2020

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

Mar 16, 2020

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

Mar 13, 2020

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

Mar 13, 2020

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

Mar 13, 2020

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

Mar 13, 2020

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

Mar 13, 2020

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

Mar 13, 2020

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

Mar 13, 2020

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