Media Releases


Lead Acid Battery Market to surpass US$ 106 Bn Mark by 2029, with Heightened Demand from Transportation Sector, Opines Fact.MR

Feb 24, 2020

Lead Acid Battery Market to surpass US$ 106 Bn Mark by 2029, with Heightened Demand from Transportation Sector, Opines Fact.MR
Lead acid batteries are one of the foremost energy sources in multiple end-use industries such as transportation, automotive, industrial, grid storage, motive and stationary industries. Lead acid battery market is maintaining its hegemony in the transportation sector owing to a surge in the production of passenger vehicles and two-wheelers. The extensive use of conventional vehicles in emerging economies of China, India, Brazil, and members of ASEAN are poised to strengthen the lead acid battery demand in the global market. Automobile manufacturers are opting for lead acid batteries as they deliver high power density, and are easy to produce and recycle. According to the latest report by Fact.MR, the transportation industry will account for nearly 39% of the total global value share by the end of the forecast period ...
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Microcontroller Market to Grow at a Steady Clip, as Key Catalyst for Automation Advancement, Opines Fact.MR

Feb 24, 2020

Microcontroller Market to Grow at a Steady Clip, as Key Catalyst for Automation Advancement, Opines Fact.MR
Microcontrollers will garner multiplying demand on the back of versatile applications in various end-use industries. The global microcontroller market is set to grow at a double digit growth rate of 10% over the forecast period (2019-2029). Growth can be attributed to increasing applications of automation in consumer electronics, automotive, military & defense, and industrial processes. Organizations and consumers alike are experiencing a shift of technology from handheld devices to smart devices that solve problems without human interaction. On the back of these factors market players will witness an exponential increase in demand between 2019 and 2029. ...
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Perfume Ingredient Chemicals Market to Witness Escalating Growth, with Impetus from Personal Care Industry

Feb 24, 2020

Perfume Ingredient Chemicals Market to Witness Escalating Growth, with Impetus from Personal Care Industry
Increasing demand for natural fragrances with improved performance standards have led to increased uptake of perfume ingredient chemicals. Perfume ingredient chemicals market is dynamic in nature as new regulations and partnerships in market are constantly modifying growth. Furthermore, perfume ingredient chemicals companies continue to find opportunities in healthcare and personal care products, laundry care and cosmetic industry. Perfume ingredient chemicals market is expected to grow at 5% CAGR over the forecast period, reveals Fact.MR, in a recently published report on global perfume ingredient chemicals market. ...
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Plant-Based Cheese Market to Hurtle towards US$ 280 Mn, with Proliferating ‘Vegan’ Trends, Concludes Fact.MR

Feb 21, 2020

Plant-Based Cheese Market to Hurtle towards US$ 280 Mn, with Proliferating ‘Vegan’ Trends, Concludes Fact.MR
Poised to surpass a valuation of over US$ 1,550 Mn by the end of the forecast period (2019-2027), plant-based cheese sales have witnessed a significant surge in the last few years. A spurt in the global vegan population has been increasing worldwide demand for plant-based cheese. Presently, more than 6% of the American population describes themselves as being vegan and recent trends indicate a possible increase in the number of people expressing their interest in vegan diets. Food companies are stepping up to the plate to create mouth-watering, dairy-free cheese that would take plant-based foods to the next level.  ...
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Electric Steel Market to Surge, with Heightened Mainstream Adoption in Electric Vehicles, Opines Fact.MR

Feb 21, 2020

Electric Steel Market to Surge, with Heightened Mainstream Adoption in Electric Vehicles, Opines Fact.MR
Electrically-powered motors used in automotive relies on high grade electrical steel which is set to amplify the market’s growth during the forecast period (2019-2029). Efficacy to reduce the motor’s weight without compromising on its efficiency is poised to fuel demand for electrical steel. In addition, high grade alloys derived from silicon and aluminum are able to reduce heat loss in motors during magnetic reversal by 30%. Owing to its exceptional advantages, up to 100 kilos of non-grain oriented electrical steels are being primarily used in the construction of electric vehicles. The aforementioned scenario is projected to expand the global electrical steel market at a positive CAGR of 8% over the assessment period. ...
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Matcha Tea Market to Surpass a Whopping US$400Mn, New Flavor Variants to be Key Contributors

Feb 21, 2020

Matcha Tea Market to Surpass a Whopping US$400Mn, New Flavor Variants to be Key Contributors
The evolution of a new breed of tea lovers that search for new flavor variants has led to a skyrocketing growth of several tea varieties. Companies offering matcha tea have responded positively to this new consumption trend. As black tea consumers are migrating to newer options such as yerba matte and matcha tea, an array of new matcha tea brands can be seen flocking retail shelves to tap into these new consumer dynamics.  ...
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Consumption of Fertilizer Additives to Surge, With Nitrogen Fertilizers Gaining Prominence, Concludes Fact.MR

Feb 20, 2020

Consumption of Fertilizer Additives to Surge, With Nitrogen Fertilizers Gaining Prominence, Concludes Fact.MR
Popular nitrogenous fertilizers are primarily driving demand growth for fertilizer additives. As nitrogenous fertilizers are in the forefront of global fertilizer consumption, this is expected to open potential strategizing avenues for fertilizer additives manufacturers. Nitrogen, being a vital nutrient for crop production will positively translate into widespread adoption of N-fertilizer, which in turn will support growth of fertilizer additives during its production. ...
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Window Films Market Promises Encouraging Growth with Increasing Infrastructure Applications, Opines Fact.MR

Feb 20, 2020

Window Films Market Promises Encouraging Growth with Increasing Infrastructure Applications, Opines Fact.MR
Advancement in window film technology such as dual reflective and spectrally selective films is increasing the demand for window films in commercial and residential applications. Business owners and home owners alike are selecting window films to block UV rays, reduce glare, and increase energy efficiency of cooling systems. Automotive applications are also gaining considerable growth on the back of resurgent automobile market and favorable government regulations ...
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Processed Meat Market Resurgent, on Back of Proliferating Processed Meat Trade and Infrastructure, Finds Fact.MR

Feb 20, 2020

Processed Meat Market Resurgent, on Back of Proliferating Processed Meat Trade and Infrastructure, Finds Fact.MR
Packaged food sales are witnessing an uptick as modern retail is expanding. This is supported by a developing cold chain infrastructure for fresh, chilled and processed foods across the globe. Heightened trade between major producing and consumer markets for processed meat is projected to create an absolute dollar opportunity of US$ 86 Bn during forecast period 2019 – 2029. ...
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Metalworking Fluids Market Resurgent, as Regulations Mandate Safe Fluid Disposal, Opines Fact.MR

Feb 20, 2020

Metalworking Fluids Market Resurgent, as Regulations Mandate Safe Fluid Disposal, Opines Fact.MR
Primary focus of metalworking applications revolves around maximizing efficiency of machinery and operations. Thus it is preferable to use metalworking fluids that are multi-functional in nature. Significant growth in metalworking processes worldwide have propelled demand growth for metalworking fluids. However, metalworking fluids used for machineries have undergone intense regulatory scrutiny in last two decades. ...
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Ammonium Sulfate Market to Witness 1.5X Growth on the Back of Growing Demand for Fertilizers, Says FactMR Analyst

Feb 20, 2020

Ammonium Sulfate Market to Witness 1.5X Growth on the Back of Growing Demand for Fertilizers, Says FactMR Analyst
Ammonium Sulfate is an ideal fertilizer for agriculture, an efficient cleaning agent for pharmaceutical applications, and a strong conditioner for bakery products. It is this versatility of the compound that will propel global ammonium sulfate market to grow 1.5X between 2019 and 2029. Increasing customer traction from agriculture intensive economies coupled with favorable statutory regulations regarding use of alternative nitrate fertilizers are central drivers of ammonium sulfate adoption.  ...
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Proliferation of Onshore Pipelines Projects is foreseen to Strengthen Industrial Valves Demand, Says Fact.MR

Feb 20, 2020

Proliferation of Onshore Pipelines Projects is foreseen to Strengthen Industrial Valves Demand, Says Fact.MR
A rise in consumption of oil & gas has been witnessed in developed and developing regions. Thus, major exploration & production (E&P) companies are focusing on expanding their production facilities by building new processing plants and pipelines. Industrial valves ensure better safety in such installations. In regions such as North America, Europe, and Asia, major intra-country and inter-country pipelines projects are under development to meet the growing demand for oil & gas. ...
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FactMR Highlights Accelerating Sales of Corrective Lenses, Contact Lens Market Set to Record 5% Through 2029

Feb 19, 2020

FactMR Highlights Accelerating Sales of Corrective Lenses, Contact Lens Market Set to Record 5% Through 2029
The proliferation visually-impaired consumers and their participation in outdoor activities coupled with increasing cases of myopia, presbyopia, and astigmatism will drive the global contact lens market to witness a staggering growth trajectory of over 5% between 2019 and 2029. Offline distribution through retail stores and hospitals & clinics continue to garner consumer traction.  ...
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Golf Carts to Witness Upswing in Demand on Back of Functional Benefits, Says Fact.MR

Feb 19, 2020

Golf Carts to Witness Upswing in Demand on Back of Functional Benefits, Says Fact.MR
Global golf cart market is projected to grow at a value CAGR of more than 5% between 2019 and 2028, surpassing a valuation of US$ 4.4 Billion by 2028. Electric golf carts are emerging as preferred variants owing to specifications such as simplicity in construction and high speed of up to 30 Km/h. This is making golf carts safe vehicles to be used at public places such as railway stations, airports, and tourist spots. Golf carts are easy to operate and do not require trained personnel to operate them. ...
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Water-based Coatings to Fortify Wood Coatings Demand by 1.7X, Projects Fact.MR

Feb 19, 2020

Water-based Coatings to Fortify Wood Coatings Demand by 1.7X, Projects Fact.MR
Resurgence in residential construction activities and continuance in maintenance work for wood finishing and furniture will propel the wood coatings market to reach a value pool of near US$ 17 Bn by the end of the forecast period (2019-2027). Further, demand for new coatings in construction-related applications will be the primary factor accelerating market growth through 2027. Wood coatings will achieve significant value gains in interior wood applications such as wooden cabinets and wooden flooring. Water-based coatings account for a majority share in the global wood coating market.  ...
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Availability of Licenses for Trademark Cartoon Characters to Present Opportunities over US$ 6 Bn in Global Stuffed and Plush Toys Market, Projects Fact.MR

Feb 19, 2020

Availability of Licenses for Trademark Cartoon Characters to Present Opportunities over US$ 6 Bn in Global Stuffed and Plush Toys Market, Projects Fact.MR
Stuffed and plush toy shelves in retail stores have been dominated by character toys from leading comic houses such as Marvel, DC, and Disney. As a result, the growth of global stuffed and plush toys market was reported to be over 5% between 2014 and 2018. These blockbuster characters were a raging hit among target customer groups, and comic houses enjoyed copyright, royalty and licensing charges.  ...
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Demand for Powder Coatings to Surge amid Increasing Consumer-goods Applications, Finds Fact.MR

Feb 19, 2020

Demand for Powder Coatings to Surge amid Increasing Consumer-goods Applications, Finds Fact.MR
Global shift from lead paint to enhanced coating technology will drive the powder coatings market by 2X over the forecast period (2019-2029). Initiatives such as Global Alliance to eliminate lead paint are central to mass-adoption of powder paint by end-use industries. Developing economies with increasing demand from goods such as automotive, home-appliances, and industrial machinery present remunerative opportunities for manufacturers of powder coatings. ...
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Fact.MR says Soil Stabilization Materials Market to Grow 1.7X by 2027, Backed by Broadening Applications in Construction Sector

Feb 19, 2020

Fact.MR says Soil Stabilization Materials Market to Grow 1.7X by 2027, Backed by Broadening Applications in Construction Sector
Rapid population growth and urbanization has heightened demand for building and construction materials on a global scale. Infrastructure projects in countries such as China and North America will be primarily driving consumption of soil stabilization materials. Keeping safety in mind, providing efficient & reliable infrastructure is top priority for government. This situation has raised demand for superior quality soil stabilization materials during construction. As per recently published report on global soil stabilization materials market, Fact.MR has forecast market to witness a growth of 5% and surpass a valuation of US$ 29 Bn by 2027 end. ...
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‘Label Centric Marketing’ to Heighten Demand for Rice Protein, Market to Grow at CAGR of 8.0%, Opines Fact.MR

Feb 17, 2020

‘Label Centric Marketing’ to Heighten Demand for Rice Protein, Market to Grow at CAGR of 8.0%, Opines Fact.MR
Rice protein market has gained remarkable traction in recent years and is projected to show dexterous growth during forecast period. ‘Label centric marketing’ has been the primary strategy of rice protein manufacturers, to cater to increasing demand of plant based, soy-free proteins. This in turn has benefitted rice protein manufacturers, who are leveraging labels like ‘Non-GMO’, ‘Organic’, and ‘Vegan’ among others to increase demand. Aversion towards dairy derived proteins has supplemented growth of rice protein.  ...
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Sheet Metal Market to Witness Modest Growth, Market Significantly Benefiting with Surging Demand from Automotive, Concludes Fact.MR

Feb 17, 2020

Sheet Metal Market to Witness Modest Growth, Market Significantly Benefiting with Surging Demand from Automotive, Concludes Fact.MR
The global sheet metal market is projected to grow at a modest CAGR of 4% during the forecast period (2019-2029). The growth can be attributed to a transformative shift towards light weight automotive components to improve fuel efficiency and performance of vehicles. Thus the market is poised to have a positive growth outlook. Owing to sheet metals high tensile strength and infinite recyclability, sheet metals have become material of choice in automotive industry. ...
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Demand for Vein Recognition Biometrics to Soar in Healthcare Sector, with Rampant Adoption of Authentication Solutions, Finds Fact.MR

Feb 17, 2020

Demand for Vein Recognition Biometrics to Soar in Healthcare Sector, with Rampant Adoption of Authentication Solutions, Finds Fact.MR
These factors are projected to boost demand for vein recognition biometrics in the healthcare industry. The newest report by Fact.MR estimates that the vein recognition biometrics market will witness a fourfold growth to reach a valuation of US$ 1.2 Bn by the end of 2029. ...
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Automotive Switches Market on Steady Growth Trajectory, OEM Channels Remain Prominent, Opines Fact.MR

Feb 17, 2020

Automotive Switches Market on Steady Growth Trajectory, OEM Channels Remain Prominent, Opines Fact.MR
Global automotive switches market has witnessed substantial growth in the past couple of years. Presently, the industry is driven by technological up gradations. The demand for automation in automobile industry is on the rise, with growing consumer inclination towards comfortable and hassle-free driving. Furthermore, increasing focus of automotive manufactures in providing premium auto parts with lower repair and maintenance requirements is foreseen to bolster the growth of the OEM segment. ...
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Non-Alcoholic Wine Market Gathers Pace, with Significant Impetus from Consumption Trends, Opines Fact.MR

Feb 17, 2020

Non-Alcoholic Wine Market Gathers Pace, with Significant Impetus from Consumption Trends, Opines Fact.MR
Surpassing a valuation of more than US$ 10 billion, the non-alcoholic wine market is projected to grow at an impressive CAGR of over 7% during the forecast period. The beverage industry is undergoing a transformation with the rise of ‘healthier’ categories of non-alcoholic beverage variants such as non-alcoholic wine. Compared to traditional wine, low and non-alcoholic wine is soaring on popularity owing to the development of non-alcoholic wine which has more flavor, depth and sophistication and caters to a large segment of the population.  ...
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Advanced Polybutylene Terephthalate Blends, Reinforced with Glass-Fiber, are Set to Gain Traction, Projects Fact.MR

Feb 17, 2020

Advanced Polybutylene Terephthalate Blends, Reinforced with Glass-Fiber, are Set to Gain Traction, Projects Fact.MR
In addition, these grades are optimized to offer enhanced surface quality and high dimensional stability which makes it a resin of choice in numerous applications including automotive and medical. Furthermore, several PBT grades made by market players are in accordance with KTW, DVGW and WRAS guidelines which will bolster its demand in food and medical applications, driving the market at a moderate CAGR of 5.5% over the forecast period. ...
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Ammunition Market to Ride Wave of Profitability, with Increased Demand for Small Caliber Ammunition, Concludes Fact.MR

Feb 17, 2020

Ammunition Market to Ride Wave of Profitability, with Increased Demand for Small Caliber Ammunition, Concludes Fact.MR
On the back of increased participation in sports shooting, the global ammunition market is expected to grow 1.4x between 2019 and 2029. Ammunition manufacturers are investing in product development such as light weight bullets using polymer casings which is driving mass-adoption among government agencies and consumers alike. Rising global tensions pertaining to terrorism will garner increased traction from developing economies that wish to upgrade their defense capabilities to combat geopolitical insurgencies. However, illegal sales of ammunition will continue to pose restraints in global ammunition trade. ...
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Bridge Inspection Services to Witness Fourfold Growth, Routine Inspections Underpin Demand, Says Fact.MR

Feb 14, 2020

Bridge Inspection Services to Witness Fourfold Growth, Routine Inspections Underpin Demand, Says Fact.MR
Aging of bridges owing to challenging environmental conditions and higher traffic volume makes bridges more prone to deterioration. With damages in bridges remaining undetected, the structural integrity and service capability of a bridge deteriorates. Owing to this, the demand for routine bridge inspection is soaring in order to help obtain a better prediction of the deterioration progress and identify defects at an early stage. The newest report by Fact.MR estimates that the bridge inspection services market will witness a fourfold growth to reach a valuation of US$ 6.3 Bn by the end of 2029 ...
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Expanded Polypropylene Foam Market Proliferates at 5.5%, with Impetus from Automotive, Opines Fact.MR

Feb 14, 2020

Expanded Polypropylene Foam Market Proliferates at 5.5%, with Impetus from Automotive, Opines Fact.MR
Versatile applications across industries coupled with eco-friendly nature of polypropylene will bolster the global expanded polypropylene foam market to cross US$ 1.6 Bn between 2019 and 2029. This is attributed to market factors such as manufacturing sector investments in developed economies, preference of sustainable alternatives over traditional plastic derivatives, and raw material availability. Expanded Polypropylene Foam is used in manufacturing automotive components (bumpers, safety feature), food & beverage packaging, furniture products, and other consumer goods. ...
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Demand for MEMS Sensors Ascends, with Mounting Adoption for Connected Devices, Finds Fact.MR

Feb 14, 2020

Demand for MEMS Sensors Ascends, with Mounting Adoption for Connected Devices, Finds Fact.MR
The MEMS sensor market is poised for continued growth and is projected to be valued at more than US$ 50 billion. Over the last decade, the integrated circuit (IC) industry has given a huge momentum to the growth of MEMS sensor market, owing to rapid development in electrical and electronic systems. Increasing adoption of smart connected devices such as connected automobiles, smart wearable devices, smart homes and high growth in the automotive sector are some of the key drivers that are positively impacting the MEMS sensor market.  ...
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Automotive Lift Market on Steady Growth Trajectory, with Rampant Adoption by Independent Garages, Opines Fact.MR

Feb 14, 2020

Automotive Lift Market on Steady Growth Trajectory, with Rampant Adoption by Independent Garages, Opines Fact.MR
Global market for automotive lifts will experience a 1.4X growth to surpass a market valuation of US$ 9 Bn by the end of assessment period of 2019 -2026 – says Fact.MR in its newest published report. Automotive lifts have served a key purpose in vehicle service and maintenance, with maximum repair work being done under the car. Automotive lifts provide greater utility by saving on operational time within the confined spaces of manufacturing plants. ...
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Exceptional Detergency and Biodegradability to Propel Demand for Alpha Olefins Sulfonates, Says Fact.MR

Feb 14, 2020

Exceptional Detergency and Biodegradability to Propel Demand for Alpha Olefins Sulfonates, Says Fact.MR
Impressive foaming properties offered by alpha olefin sulfonates in personal care product formulation and industrial product manufacturing are set to reap remunerative opportunities for suppliers of alpha olefin sulfonates. Detergent and liquid soaps have driven the consumption of alpha olefins sulfonates and are set to remain a key consumer segment in the market, creating an absolute $ opportunity worth US$ 51 Mn by 2029. Being biodegradable in nature, alpha olefin sulfonates have surfaced as preferred surfactants over other sulfonates such as linear alkylbenzene sulfonates, which would eventually catalyze the market to grow at a CAGR of ~3% during the forecast period (2019-2029). ...
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Waterproofing Membrane Market to Exhibit Dexterous Growth at 8%, Supported by Growing Infrastructure Development, says Fact.MR analyst

Feb 14, 2020

Waterproofing Membrane Market to Exhibit Dexterous Growth at 8%, Supported by Growing Infrastructure Development, says Fact.MR analyst
Waterproofing membranes are employed in a variety of infrastructure such as residential, commercial, and government buildings. Emphasis on water conservation and wastewater treatment from governments worldwide will further boost the demand for waterproofing membranes during the forecast period (2019 – 2029).  Renovation of existing infrastructure is a driving force behind the surging demand for waterproofing membranes.   ...
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Synthetic Cannabinoids Market to surpass US$89Mn, Investments by Bio-tech Start-ups Sustaining Growth, Says Fact.MR

Feb 13, 2020

Synthetic Cannabinoids Market to surpass US$89Mn, Investments by Bio-tech Start-ups Sustaining Growth, Says Fact.MR
Synthetic Cannabinoids are anticipated to enter growth stage by mid-term forecast. Several biotech startups such as Emerald Health Pharmaceuticals, RespireRx etc are pioneering initiatives for the development of synthetic cannabinoid compounds which will augment the growth of synthetic cannabinoid market. On this backdrop, synthetic cannabinoids are projected to create an absolute dollar opportunity of US$ 89 Mn during forecast period. ...
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Protective Clothing Fabric Market to Witness Robust Growth of 8%, with Increasing Emphasis by Governments on Workers’ Safety, Opines Fact.MR

Feb 12, 2020

Protective Clothing Fabric Market to Witness Robust Growth of 8%, with Increasing Emphasis by Governments on Workers’ Safety, Opines Fact.MR
Global protective clothing fabric market is projected to grow at an impressive CAGR of more than 8% between 2019 and 2026, poised to surpass a valuation of US$ 4.4 Billion by the 2026 end. Occupational fatalities in hazardous working conditions have been one of the primary concerns for industry leaders.   Governments have now adopted strict policies and initiated different programs in order to spread awareness about occupational safety.  ...
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Metal Forging Market Resurgent with Impetus from Automotive Industry, Says Fact.MR

Feb 12, 2020

Metal Forging Market Resurgent with Impetus from Automotive Industry, Says Fact.MR
Amidst the growing demand from automotive industry, metal forging market is set to witness a robust growth rate of more than 7%. Within the automotive sector demand is soaring for high-performance forged components for cars, trucks, and commercial automobiles thus augmenting the demand for metal forging. Metal forging is witnessing a surge in automotive applications on back of its durability, strength and reliability. Key players in the metal forging market are focusing on expanding production capacities in order to expand their footprint and ensure consistent quality. Large scale research and development initiatives are being undertaken in metal forging processes and raw materials. ...
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Content Moderation Solutions Market to Surpass US$ 13 Bn, with Increased Outsourcing to Content Moderation Providers, Says Fact.MR

Feb 11, 2020

Content Moderation Solutions Market to Surpass US$ 13 Bn, with Increased Outsourcing to Content Moderation Providers, Says Fact.MR
With over 4 billion internet users creating more than 2.5 quintillion bytes of data every day, amount of data generated has skyrocketed. User generated content has reported meteoric growth since 2016, and the gap between generated content and moderated content has been increasing proportionally. The occurrence of privacy encroachments that are generated due to this gap has led to outsourced content moderation contracts. Increased in-house and outsourced spending on content moderation solutions have also accentuated the growth of global content moderation solutions market, which is forecast to create an absolute opportunity of over US$ 13 Bn during forecast period. ...
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Sleep Mask Market Promises 1.5x Growth; Opportunities Abound in Tech-enabled Offerings, Opines Fact.MR

Feb 11, 2020

Sleep Mask Market Promises 1.5x Growth; Opportunities Abound in Tech-enabled Offerings, Opines Fact.MR
Amidst increasing cases of sleep apnea and insomnia, the global sleep mask market is growing at a CAGR of more than 3.5% between 2019 and 2029. The market is getting tailwinds from changing consumer trends that favor alternative techniques to cure sleep related diseases. Sleep masks offer an ideal way to battle sleep related ailments. With research and development in material, design, and comfort features, manufacturers are differentiating products in a highly competitive market. ...
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Pine Chemicals to Witness Steady Demand Growth, as Various Industrial Applications Gain Traction, Finds Fact.MR

Feb 10, 2020

Pine Chemicals to Witness Steady Demand Growth, as Various Industrial Applications Gain Traction, Finds Fact.MR
The global pine chemicals market is projected to grow at a CAGR of over 5% and is estimated to be pegged at US$ 19 Bn by the end of the forecast period (2019-2029). Pine chemicals is being utilized in several industrial sectors, such as perfumes and cosmetics, food additives, automobiles, oil wells and printing inks. The pine chemical market has continuously adapted itself, and is now at the forefront of renewable and bio-based industries.  ...
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Trail Running Shoes Market to Grow 1.7X, Demand Upheld by Exclusive Design Features, Opines Fact.MR

Feb 10, 2020

Trail Running Shoes Market to Grow 1.7X, Demand Upheld by Exclusive Design Features, Opines Fact.MR
Global trail running shoes market is garnering increased traction on back of myriad design features not found on road specific models. This is one of the fuelling factors for the market, anticipated to grow at a steady CAGR of 5% from 2019 to 2029. Amidst growing participation from the running community, there is also heightened demand for shoes tailor made to withstand movement pressures of trail running and other adventure sports. The demand can be attributed to strong distribution channels in the form of physical stores and e-commerce platforms. ...
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Kid’s Furniture Market to See Steady Growth with Shifting Focus on Theme Based Designs

Feb 07, 2020

Kid’s Furniture Market to See Steady Growth with Shifting Focus on Theme Based Designs
Kid’s furniture market is heavily invested in product innovation that ensures safety & comfort of children. With rapid increase in buying potential of internet-savvy consumers there is a shift in focus from traditional furniture designs to theme based kid’s furniture. The global kid’s furniture market is expected to grow at steady CAGR of 4% during the forecast period (2019-2029). There is a substantial increase in the demand for kid’s furniture from housing contractors that aim to build end-to-end home infrastructure. ...
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Sterile Active Pharmaceutical Ingredients Market to Exhibit 6.7% CAGR through 2029, India and China Emerging as Leading Suppliers, Projects Fact.MR

Feb 07, 2020

Sterile Active Pharmaceutical Ingredients Market to Exhibit 6.7% CAGR through 2029, India and China Emerging as Leading Suppliers, Projects Fact.MR
Rising acceptance of biologics and preventive medicines is expected to propel the demand for sterile active pharmaceutical ingredients. Significant accessibility to drugs, growing pharmaceutical spending, and rising demand for targeted therapy drugs are factors boosting sterile active pharmaceutical ingredients market growth. China and India are the prominent suppliers of sterile active pharmaceutical ingredients, globally. Manufacturers are focusing on the expansion of their manufacturing plants in these countries owing to low-cost production and cheap labor.  ...
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Sales of Fumed Silica to Soar, with Rock-Steady Demand for Silicone Rubber

Feb 07, 2020

Sales of Fumed Silica to Soar, with Rock-Steady Demand for Silicone Rubber
Fumed silica also known as pyrogenic silica has steadily gained traction in the last century. Owing to its pyrogenic production processes, fumed silica possesses an array of fascinating properties which have found widespread utilization in industrial applications. The emergence of trends in drug manufacturing, in tandem with performance improvements in drugs and capsules will additionally spur sales of fumed silica. ...
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Whiskey Market Set for 6% Growth through 2029, with Spike in Consumption by Millenials, Opines Fact.MR

Feb 07, 2020

Whiskey Market Set for 6% Growth through 2029, with Spike in Consumption by Millenials, Opines Fact.MR
Primarily driven by the ascending demand from young adult segment of consumers, the whisky market is thriving with a healthy growth rate. Poised to grow at a CAGR of 6%, emerging economies in South Asia such as India and Indonesia present lucrative growth opportunities for whiskey manufacturers. Demand is driven by developing HoReCa infrastructure and rise of consumer communities that wish to buy and experiment with different blends of whiskey.  ...
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Emollient Esters Market to Hold Lucrative Opportunities in Asia, Demand Soaring with Product Innovations, Opines Fact.MR

Feb 07, 2020

Emollient Esters Market to Hold Lucrative Opportunities in Asia, Demand Soaring with Product Innovations, Opines Fact.MR
Historically, a surge in the production of personal care products has been driving the emollient esters market. Demand for emollients has also soared with strategically timed investments in product innovation in leading countries such as China, Saudi Arabia, and the United States. However, a supply glut is likely to prevail owing to ongoing projects for production capacity expansion by prominent players in the market. Furthermore, Europe is projected to drive the demand for emollient esters among other regions reveals Fact.MR in a recently published report on emollient esters market.  ...
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Demand for Alternative Protein Ingredients to Favor Sales of Plant Protein Ingredients, Opines Fact.MR

Feb 06, 2020

Demand for Alternative Protein Ingredients to Favor Sales of Plant Protein Ingredients, Opines Fact.MR
Demand of plant protein ingredient is expected to grow exponentially and is projected to create an absolute $ opportunity of US$3.0 Bn during forecast period 2019 - 2027. Meat-based ingredients have been a primary source of protein in developed countries for several years. However, a significant uptick in meat consumption have made their procurement complex for alternative applications such as protein ingredients. This has also imparted price pressure on meat based protein products. This has caused a veritable shift in manufacturing processes of companies to increase volume of plant based protein ingredients in their portfolio. Emerging shift towards alternative protein ingredient sources such as plant based protein is expected to decelerate growth of meat protein by half. ...
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CBD Gummies Market to Gather Steam, Efforts Towards Legalization Pays Dividends

Feb 06, 2020

CBD Gummies Market to Gather Steam, Efforts Towards Legalization Pays Dividends
The global CBD gummies market is expected to grow at an exponential CAGR of 28 % over the forecast period from 2019-2029. Growing interest of consumers in edible cannabis options is a major factor that is supporting growth of the market. ...
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Electric Rice Cooker Market to Display Steady Growth, as Manufacturers Focus on Multifunctional Features, Says Fact.MR

Feb 06, 2020

Electric Rice Cooker Market to Display Steady Growth, as Manufacturers Focus on Multifunctional Features, Says Fact.MR
The global electric rice cooker market is set to rise at a healthy CAGR of 7 % through the forecast period (2019- 2029). The growth can be primarily attributed to a rising demand for energy efficiency and convenience in cooking devices, which has arisen with a rise in the standard of living, investments in multifunctional devices and innovations in connectivity, to influence developments in the near future. ...
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Infant Nutritional Premix Demand Proliferates as Key Substitute for Breastfeeding, Finds Fact.MR

Feb 06, 2020

Infant Nutritional Premix Demand Proliferates as Key Substitute for Breastfeeding, Finds Fact.MR
With a valuation surpassing US$ 315 Mn by 2028 end, the global infant nutritional premix market is showing a positive growth outlook and is projected to grow at a CAGR of 5.6%. The rapid influx of working mothers in urban areas has led to heightened demand for convenient and nutritional baby food. Potential health benefits of fortified infant food has encouraged consumers to see these products as a suitable substitutes for breastfeeding. Manufacturers of baby food have responded proactively to this consumer trend by introducing infant nutritional premix to populate retail shelves. ...
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Demand for Portable Air Compressors to Increase 1.4X, with Rapid Uptake in Industrial and Non-Industrial Sectors, Finds Fact.MR

Feb 06, 2020

Demand for Portable Air Compressors to Increase 1.4X, with Rapid Uptake in Industrial and Non-Industrial Sectors, Finds Fact.MR
The global portable air compressor market is projected to grow at a CAGR of over 4% and is estimated to reach a valuation of over US$ 8 Bn by the end of the forecast period (2019-2027). Portable air compressors are witnessing a steep sales trajectory during the last five years due to their large scale utilization in tire inflation and mining activities.  ...
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Demand for Specialty Meat Ingredients to Surge, with Novel Meat Product Variants Gaining Prominence, Finds Fact.MR

Feb 06, 2020

Demand for Specialty Meat Ingredients to Surge, with Novel Meat Product Variants Gaining Prominence, Finds Fact.MR
A value pool of US$5.2Bn by the end of the forecast period (2019-2029) is propelling the global specialty meat ingredients market to a bullish growth of over 5%. The worldwide production and consumption of meat & meat related products has witnessed a sharp spike over the past few years as the overall price of meat is on the decline with demand remaining strong. As per-capita meat consumption continues to proliferate, the requirement to maintain and develop new varieties of meat products is propelling the specialty meat ingredients market. ...
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Reinforced Thermoplastic Pipes to Show Steady Growth at 5%, with Escalating Demand for High Pressure Applications, Says Fact.MR

Feb 06, 2020

Reinforced Thermoplastic Pipes to Show Steady Growth at 5%, with Escalating Demand for High Pressure Applications, Says Fact.MR
Reinforced thermoplastic pipes (RTP) are steadily gaining traction and are set to become 21st century pipeline solutions. Their immunity to corrosion and ability to withstand high pressure up to 450 bar is giving impetus to their demand in various end use applications. In terms of durability and corrosion resistivity, RTP outperforms conventional pipes creating lucrative opportunities in the market. In addition, burgeoning demand for high performance and off-shore applications are set to drive the market at a CAGR of 5% during the forecast period (2019-2029).  ...
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