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PPG Industries, Inc. (US) and Seiko Epson Corporation (Japan) are leading players in Synthetic Paper Market

The global synthetic paper market size is estimated at USD 766 million in 2021 and is projected to reach USD 1,286 million by 2027, at a CAGR of 9.2%, between 2022 and 2027. Synthetic paper is manufactured with synthetic resins derived from petroleum (primary material). Resin selection plays a major role in the attributes exhibited by different synthetic papers. It is preferred over conventional paper due to its excellent chemical, tear, oil, and moisture resistance, printability, heat sealability, durability, and high strength. Synthetic paper is usually made up of BOPP, HDPE, and others (polystyrene, polyamide, polyethylene, and polyvinyl chloride) and are used by various end-use industries, such as food & beverages, cosmetics, transportation, pharmaceuticals, chemical, and advertising.

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April 11, 2022

Electrocoating Companies - Increased demand for electrocoating from automotive & transportation end-use industry to drive the growth of the Market

Electrocoating is a process used for depositing an organic paint film by means of an electrical charge. In this process, the part is immersed in an electrified tank, and the reaction between the electricity and the solution causes the paint to deposit on the substrate. Although this process is used in different applications, it is mostly known for its application in the automotive industry as a primer coat for automotive bodies. It provides a more uniform texture to the car body than conventional priming systems do and has become the most widely used priming process in the automotive industry.

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April 11, 2022

Market Leaders : Harima Chemicals Group and George-Pacific Chemicals are focusing on Research and Development, Technology Launches, Building New Partnerships ans well as Expanding Their business to consolidate their position in Pine-Derived Chemicals Market

The pine-derived chemicals market size is estimated to be valued at USD 5.5 billion in 2022 and is projected to reach USD 6.8 billion by 2027, recording a CAGR of 4.5% during the forecast period in terms of value. The demand for pine-derived chemicals is increasing moderately due to increasing demand from various end-use industries such as adhesives & sealants, paints & coatings among others.

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April 8, 2022

Sika (Switzerland) and Fosroc (UAE) are leading players in Concrete Restoration Market

The global concrete restoration market size is estimated to be USD 15.0 billion in 2021 and is projected to reach USD 20.4 billion by 2026, at a CAGR of 6.2%. The high growth of concrete restoration can be attributed to the growing number of construction repair projects globally due to the rising population, rapid urbanization, and increased economic growth in some regions. Emerging markets like China, the UAE, and India are showing remarkable growth due to the aforementioned factors. This has been a decisive factor in the concrete restoration market growth, especially in regions like North America and Europe, where concrete restoration products' usage is relatively high. By 2026, many new companies will emerge from China, having low-cost concrete restoration products and, thus, offer heavy competition to the existing market players.

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April 8, 2022

Livestock Identification Companies - Allflex Livestock Intelligence (US) and Datamars (Switzerland) are the Leading Manufacturers

The global livestock identification market is projected to reach USD 3.6 billion by 2030 from an estimated USD 1.6 billion in 2022, at a CAGR of 10.5% from 2022 to 2030. The growth of the livestock identification market can also be attributed to the growing number of livestock farms with the increasing consumption of meat, beef, and pork products worldwide.

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April 8, 2022

ANPR System Companies - Kapsch TrafficCom (Austria) and Siemens (Germany) are the Key Players

The global ANPR system market is projected to reach USD 4.8 billion by 2027 from USD 3.1 billion in 2022; it is expected to register a CAGR of 9.2% from 2022 to 2027. The major factors driving the growth of the ANPR system market include the increasing deployment of ANPR systems in security and surveillance and traffic management applications, infrastructure growth in emerging economies, increasing allocation of funds by various governments on ITS, and the growing use of video analytics technology for intelligent monitoring of vehicles. Additionally, the rapid surge in demand for smart parking solutions is a major driver for the growth of the ANPR system market. The integration of advanced technologies such as IoT, Deep Learning, and AI with the ANPR system is promoting the growth of ANPR systems across applications such as access control and road usage charging. Growing number of infrastructure development projects across the world such as the Smart Cities mission and roadways modernization projects are promoting the growth of the ANPR system market. Moreover, surging use of video analytics technology for intelligent monitoring of vehicles is enhancing the growth of the ANPR system market.

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April 7, 2022

Aircraft Nacelle and Thrust Reverser Companies - Safran (France), Spirit AeroSystems (US) are the Key Players

An Aircraft Nacelle forms the outer, aerodynamically smooth covering of a jet engine. It includes components such as the lip, nose cowl, fan cowl, core cowl, and aft cowl. The forward one-third of the nacelle, termed as the inlet cowl, is a smoothly contoured opening that directs air into the engines fan and compressor blades. The thrust reverser is the most complex highly-loaded part of the nacelle and is used to reverse the thrust produced by the aircraft engine during landing. The Aircraft Nacelle and Thrust Reverser Market is projected to grow from USD 4.2 Billion in 2021 to USD 5.6 Billion by 2026, at a CAGR of 6.0% during the forecast period. This growth can be attributed to the increasing need for reduction of greenhouse gas (GHG) emissions from the aviation industry. In addition, the increase in the air passengers’ traffic will lead to growing concerns for the reduction of carbon footprint from the aviation industry and in turn drive the market for more efficient components that enable the aircraft to consume less fuel.

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April 6, 2022

Deere & Company (US) and CNH Industrial NV (UK) are the Key Players in the Agricultural Variable Rate Technology Market

The global agriculture VRT market is estimated to be valued at USD 7.4 billion in 2022. It is projected to reach USD 13.7 billion by 2027, recording a CAGR of 13.2% during the forecast period. The most significant factor driving the agriculture VRT market is the increasing focus on farm efficiency and productivity. Increasing average farmer ages in developed nations have led to difficulties in carrying out on-field practices manually. This has led to a rise in the use of agriculture variable rate technologies that automate the entire process of scouting, along with various other practices. Developed nations have the largest farm sizes across the globe, which makes it harder for the demographic of farmers whose average ages are increasing to manage them using traditional agriculture practices. ...... Read More
April 6, 2022

Livestock Monitoring Companies - DeLaval (Sweden) and Afimilk Ltd. (Israel) are the Key Players

The livestock monitoring market is estimated to be worth USD 1.6 billion in 2022 and is projected to reach USD 3.7 billion by 2030, at a CAGR of 11.0% during the forecast period. Increasing focus on real-time monitoring and early disease detection, growing adoption of IoT and AI for livestock monitoring, rising demand for meat globally and cost-saving achieved through the adoption of livestock monitoring solutions are some of the major factors driving the market growth.

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April 6, 2022

Space Power Electronics Companies - Infineon Technologies (Germany) and Texas Instrument Incorporated US) are the Key Players

The Space power electronics market is projected to grow from USD 205 million in 2021 to USD 435 million by 2026, at a CAGR of 16.2%. Space power electronics is the application of electronics on satellites, spacecraft, launch vehicles, space stations and rovers to control and convert electric power from one form to other. It deals with the processing of high voltages and currents to deliver power that supports a variety of needs. According to the National Aeronautics and Space Administration, a power electronic system can comprise a modular power electronic subsystem (PESS) connected to a source and load at its input and output power ports, respectively. Semiconductor devices such as metal-oxide semiconductor field effect transistors (MOSFET), insulated gate bipolar transistors (IGBT), mos-controlled thyristor (MCT), and gate-turn-off thyristors (GTO) represent the cornerstone of modem power electronic converters.

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April 6, 2022

Dow Inc. (US), BASF SE (Germany) and Toagosei Co., Ltd. (Japan) are Leading Players in the Acrylic Polymer Market

The acrylic polymer market for cleaning application is projected to grow from USD 580 million in 2021 to  USD 709 million by 2026, at a CAGR of 4.1%. The acrylic polymer market for cleaning application is expected to register a 4.1% CAGR between 2021 and 2026. The water-borne accounted for the largest market share of 93.8% in 2020, in terms of value. Laundry & Detergent is estimated to be the largest application of acrylic polymer market for cleaning application during the forecast period, followed by dishwashing in terms of volume. With the increasing population, increasing per-capita income, changing lifestyle, and increasing usage of washing machines across the globe, the demand for laundry detergent is growing,  which is subsequently driving the acrylic polymer market for cleaning application. Moreover, increasing demand for liquid dishwashing products in hotels, restaurants and food retails, and household applications further supports the growth of the acrylic polymer market.

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April 5, 2022

Microsoft(US) and IBM(US) are leading players in Integrated Cloud Management Platform Market

The global ICMP market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period, to reach USD 5.8 billion by 2027 from USD 2.9 billion in 2022. Key factors that are expected to drive the growth of the market are increased mobility, shifting workload toward cloud environments, and growing trend to bring your own device, facilitating simplified management of complex and heterogenous cloud environments, growing adoption of hybrid cloud and multi-cloud strategies, across enterprises of different industry verticals, rising adoption of cloud-based business utility solutions and services due to COVID-19, increased savings and workforce productivity, and emergence of AI-enabled tools in IT operations.

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April 5, 2022

Market Leaders - Battery Coating Market

The battery coating market is projected to grow from USD 329 million in 2022 to USD 658 million by 2027, at a CAGR of 14.9% from 2022 to 2027. The growth of the market is driven by the increasing demand for plug-in vehicles, smart devices, other consumer electronics, and rising demand for batteries in energy storage systems. The rising need for sustainable and high-performance batteries has led to innovations and technological advances in battery materials, providing opportunities for the further growth of the market.

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April 5, 2022

Market Leader - Defense Integrated Antenna Market

Defense integrated antenna market is projected to grow from USD 543 million in 2022 to USD 722 million by 2026, at a CAGR of 5.8% during the forecast period. An antenna converts electronic signals to electromagnetic waves (and vice versa) with a minimum loss, and an integrated antenna consists of miniaturized antennas printed on densely populated printed circuit boards (PCB) to electrically large arrays and reflector antennas. Defense integrated antennas are more ruggedized than regular commercial antennas to withstand harsh conditions. The defense integrated antenna market is expected to grow significantly in the coming years, owing to the high demand for compact/integrated antennas. These antennas should be rugged to withstand harsh environmental conditions. Modernization programs of various military vehicles and increasing procurement of defense systems for tracking, navigation, and surveillance due to terrorist activities are also expected to fuel the growth of the defense integrated antenna market.

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April 4, 2022

Market Leader - Military Simulation and Training Market

A simulator is a system that combines software and hardware to simulate training. The market for simulators includes the airborne, land, and maritime platforms, which are used to train commercial and military crew. Training through simulators can be provided via three techniques: live, virtual & constructive simulation, synthetic environment simulation, and gaming simulation.

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April 4, 2022

Market Leaders - Shore Power Market

The shore power market is expected to grow from an estimated USD 1.6 billion in 2022 to USD 2.8 billion by 2027, at a CAGR of 11.2% during the forecast period. A ship moored at the dock does not need propulsion, eliminating the need for operating the main engine. However, electrical power is still required for various other applications, such as monitoring, cooling/heating HVAC systems, mooring winches, and the related equipment. In order to generate the required electrical power, auxiliary engines and generators are operated. These engines mostly run-on diesel or natural gas, thereby increasing carbon emissions and creating noise pollution in the surrounding. The concept of shore power came into existence to overcome the issues of noise and air pollution. The shore power systems is supported by either the conventional method of connecting the ship by means of wire or by a wireless method

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April 4, 2022

GEA Group (Germany) and Bühler (Switzerland) are the Key Players in the Fruit and Vegetable Processing Market

The fruit and vegetable processing market is estimated to account for nearly USD 8.7 billion in 2022 and is projected to reach a value of nearly USD 11.8 billion by 2027, growing at a CAGR of 6.4% from 2022. The demand for fruit and vegetable processing is increasing significantly, due to the increasing consumption of processed fruit and vegetables products in developing countries such as China, India, South Africa and Brazil....... Read More
April 1, 2022

Cisco (US) and Honeywell (US) are leading players in Public Safety and Security Market

The global Public Safety and Security market size is expected to grow from USD 433.6 billion in 2022 to USD 707.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.3% from 2022 to 2027. The public safety refers to the publics safety, security, and welfare. Public safety and security is a top priority of governments all over the world. The role of public safety professionals is to prevent danger and protect the wellbeing of citizens, communities, and organizations against cyber threats, terrorism, frauds, criminal activities, natural calamities, national and international terrorism, and other emergencies disaster situations.

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April 1, 2022

Market Leader - ECG Cables and Lead Wires Market

The global ECG cables and lead wires market is projected to reach USD 3.0 billion by 2026 from USD 2.1 billion in 2021, at a CAGR of 7.5% during the forecast period. Growth in this market is mainly driven by factors such as the rising geriatric population, an increasing prevalence of cardiovascular diseases (CVD), technological advancements, and the implementation of favorable government regulations in developed countries. However, the high cost of disposable cables is a major factor restraining the growth of this market....... Read More
April 1, 2022

Market Leaders - Artificial Photosynthesis Market

The artificial photosynthesis market size will grow to USD 185 Million by 2030 from USD 62 Million in 2022, at a CAGR of 14.6% during the forecast period. The global artificial photosynthesis market is driven by the government fundings and grants for the research and development of artificial photosynthesis technology; global plans for net zero emissions. Growing demand of green H2 and eco-friendly liquid fuels are expected to offer lucrative opportunities for the artificial photosynthesis market during the forecast period.

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April 1, 2022

Salesforce (US) and Google (US) are leading players in Augmented Intelligence Market

The Augmented intelligence market size is projected to grow from USD 17.9 billion in 2022 to USD 54.7 billion in 2027, at a Compound Annual Growth Rate (CAGR) of 25.1% during the forecast period. The Augmented intelligence industry is driven by increasing volume of complex business data, however, rising in adoption of advanced augmented intelligence and analytics tools, and adoption and scaling of digital initiatives.

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April 1, 2022

Shell plc (UK) and Nynas AB, (Sweden) are Leading Players in the Process Oil Market

The market size of process oil is estimated to grow from USD 4.8 billion in 2022 to USD 5.3 billion by 2027, at a CAGR of 2.1% during the forecast period. The process oil market has been growing at a moderate pace over the past five years, owing to the increasing demand for finished lubricants from various industries, such as automotive, among others. Key players in the process oil market include Shell plc (UK), Exxon Mobil Corporation (US), TotalEnergies (France), Idemitsu Kosan Co., Ltd. (Japan), Petroliam Nasional Berhad (PETRONAS) (Malaysia), Indian Oil Corporation Ltd (India), Gandhar Oil Refinery (India) Limited (India), HollyFrontier Refining & Marketing LLC (HollyFrontier) (US), among others.

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March 31, 2022

Market Leaders: Tate & Lyle and Archer Daniel Midlands Corporation (ADM) are focusing on partnerships, acquisition, and investment strategies to strengthen their market position in Modified Starch Market

The global modified starch market is estimated to be valued at USD 13.7 billion in 2022. It is projected to reach USD  15.9 billion by 2027, recording a CAGR of 3.1% during the forecast period. Modified starches are manufactured from native starches. Various processing methods such as physical, enzymatic, wet & dry chemical processes, drum drying, and extrusion are used to produce different types of modified starch products. These processes are used to change the properties of native starch, such as its freeze-thaw stability, acid or alkali resistance, and shear stability to meet industrial requirements. Modified starches are used for functions such as thickening, stabilizing, binding, and emulsification. Apart from food products, it is also used in a wide range of non-food applications and the animal feed industry.

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March 31, 2022

Smart Lock Companies - ASSA ABLOY AB (Sweden) and dormakaba Group (Switzerland), are the Key Players

The Smart Lock Market is estimated to be valued at USD 2.1 billion in 2022 and reach USD 3.9 billion by 2027, registering a CAGR of 12.9% between 2022 and 2027. Product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions are the major growth strategies adopted by the market players. These strategies have enabled them to efficiently fulfill the growing demand for routers from end-user industries and expand their global footprint by offering their products in all the major regions.

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March 30, 2022

Increasing Demand for Lightweight Materials From Automotive Industry to Give Boost to the Prepreg Demand During the Forecast Period

The global prepreg market size is estimated at USD 7.0 billion in 2021 and is projected to reach USD 12.6 billion by 2026, at a CAGR of 12.5%. Prepregs are being used in different end use industries such as: aerospace & defense, wind energy, automotive, sporting goods, electronics, and other industries. The increasing demand of wind energy as a renewable energy, drives the demand for prepreg. However, due to the outbreak of COVID-19, there was a dip in the demand of prepreg. Due to the lockdown scenario in Europe and North America, the demand for prepreg from wind energy, construction, automotive, electronics and other industries was declined sharply in the first half of 2020.

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March 30, 2022

Danaher Corporation (Pall Corporation and Cytiva Life Science) (US), Sartorius Stedim Biotech (Germany) and Merck KGaA (Germany) are the Prominent Players in the Lateral Flow Assay Components Market

The global lateral flow assay components market is projected to reach USD 420 million by 2027 from USD 339 million in 2022. The major factors driving growth in the lateral flow assay components market are the growing usage of home-based lateral flow assays and the growing demand for superior, consistent, and high-performing diagnostic kits. Moreover, the recent COVID-19 outbreak has positively affected the demand for lateral flow assay components to cater to the demand for manufacturing rapid test kits to detect the SARS-CoV 2 infection....... Read More
March 30, 2022

Sodexo Global (France), Compass Group (US), Aramark Corporation (US), Hospital Housekeeping Systems (US), are the leading players in the US Healthcare Environmental Services Market

The US healthcare environmental services market is projected to reach USD 8.7 billion by 2026 from USD 6.6 billion in 2021, at a CAGR of 5.8% during the forecast period. Growth in the market is majorly driven by stringent government regulations for effective infection control, advancements in cleaning technology, and the rising prevalence of HAIs. With a surge in COVID-19 cases, there is an increasing focus on hygiene & control practices and the rising need to reduce the spread of infection, thus supporting the market growth.

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March 30, 2022

OpenText (Canada) and Solix (US) are leading players in Enterprise Information Archiving Market

The global enterprise information archiving market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period, to reach USD 12.9 billion by 2027 from USD 6.4 billion in 2022. The growth in the enterprise information archiving market has been impelled due to the increasing need for cost-effective storage solutions for inactive data to meet compliance and legal requirements. Another growth driving factor for the enterprise information archiving market is the demand for improved business processes through the segregation of less valuable data from the online enterprise data. Further, cloud-based archiving creates new growth opportunities in the enterprise information archiving market.

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March 30, 2022

Arthrex, Inc. (US) and Smith & Nephew Plc. (UK) are Leading Players in the Soft Tissue Repair Market

The soft tissue repair market is projected to reach USD  17.2 Billion by 2027 from USD  13.6 Billion in 2022, at a CAGR of 4.7% during the forecast period Growth in this market is mainly driven by the Increasing aging population and obesity rate, growing incidence of sports injuries, strong focus on R&D leading to the launch of technologically advanced products, and increasing volume of surgeries and growing prevalence of severe trauma injuries. This, in turn, unfavorable reimbursement scenario and high price of soft tissue repair products and the rising cost of surgical procedures are the key factors restraining the growth of the market.

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March 29, 2022

Electronically Scanned Arrays Companies - SAAB AB (Sweden), Raytheon Technologies (US) are the Key Players

MarketsandMarkets: The Electronically Scanned Array Market is estimated to be USD 7.4 Billion in 2021 and is projected to reach USD 10.4 Billion by 2026, at a CAGR of 7.1% from 2021 to 2026. The market is driven by factors such as deployment of new & advanced electronically scanned array like UAV based electronically scanned array, Electronically Scanned array based fire control radar systems (ESA), etc.

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March 29, 2022

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