Sorbitol Market to Expand at a CAGR of 6.5% Through 2028: Grand View Research Inc.

 Sorbitol Market Growth & Trends

The global sorbitol market size is expected to reach USD 2.44 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.5% from 2021 to 2028. The increasing awareness regarding the health and digestive benefits associated with the digestive health supplements, rising geriatric population, increasing demand for non-medical dietary supplements, and technological advancements in the processing of these products are driving the demand for sorbitol-based products, consequently aiding the growth of the market over the forecast period.

The market growth is expected to be fueled by the increasing demand for the product for use in the manufacturing of various food and beverages, such as fruit juice, candies, and chocolates. Moreover, vitamin C is synthesized using sorbitol as the product is one of the building blocks in the manufacturing process. Vitamin C is also used for the production of dietary supplements, which is expected to grow at a high rate over the forecast period, resulting in the high growth of the market. The rise in the number of gym-goers, coupled with the increasing awareness regarding health and fitness, has positively affected the demand for nutritional drinks, thus has increased the demand for specialty ingredients across the world.

The liquid product segment dominated the market in 2020. It is used in the production of candy to increase its chewy texture and softness. Liquid sorbitol is also finding new applications in the tobacco market as it is added to chewing tobacco to enhance its flavor. The growing applications of liquid sorbitol are expected to be helpful in the growth of the segment over the forecast period. The crystal product segment is anticipated to witness significant growth from 2021 to 2028. Crystal sorbitol is used in numerous cosmetic products, such as moisturizers and face creams, in the form of humectant due to its resistance to bacteriological degradation and ability to retain moisture. The growing demand for cosmetic products is expected to impact the market growth positively over the forecast period.

The food end-use segment dominated the market in 2020. Sorbitol is majorly used as a sweetener and a low-calorie sugar substitute in the food and beverage industry. In addition to providing sweetness, sorbitol also acts as an excellent texturizing and anti-crystallization agent in the production of ice cream and bakery products. The growth of the food end-use segment is also attributed to rising product utilization in the production of diabetic food products. Efficiency in operation and product innovation are expected to drive the market. Fast-paced lifestyle and increased preference for convenience food are presumed to be some of the major drivers of the food processing sector, resulting in the growth in demand for sorbitol.

Factors such as advancements in nutrition and technology, growing consumer inclination toward improved health and longevity, and increasing frequency of exercising in modern lifestyles are expected to contribute to augmented consumption of fiber-rich, organic, and gluten-free foods. This is expected to boost the consumption of sorbitol in the production of fiber-rich and gluten-free food products, thereby driving the market.

The companies are developing a broad range of products to cater to the requirements of different application industries and boost sales growth, thereby leading to the development of a diversified product portfolio. This, in turn, is expected to aid the companies to target different market segments and also improve brand equity.

Major companies in the market own several trademarks and patents, which emerge as valuable assets for the company. These patents and trademarks offer an important competitive edge to the companies. These patents also witness the streams of new inventions generated by the companies, which are expected to enhance customer satisfaction and contribute to strengthening customer relationships. These patents also improve brand equity as well as the financial performance of the companies operating in the market. Over the forecast period, sorbitol is therefore expected to see an increased number of applications in the food and beverage industry.

Request a free sample copy or view report summary: Sorbitol Market Report

Sorbitol Market Report Highlights

• By product, liquid accounted for the largest share in terms of revenue as well as volume in 2020. The product is preferred over other substitute products as it is non-carcinogenic and has a pleasant and sweet taste
• The crystal product segment is expected to expand at the highest growth rate over the forecast period. Crystal sorbitol is used as a plasticizer in the manufacturing of capsule outer shell and as an excipient and filler in the production of pharmaceutical capsules
• The vitamin C application segment is expected to register the highest growth rate over the forecast period owing to its increasing use in functional foods and dietary supplements
• The food end-use segment held the largest market share in terms of revenue and volume in 2020. The food processing industry across the world is expected to witness a boost in sales owing to the increased consumer preferences in terms of variety of products as well as quality
• Companies operating in the market are continuously involved in the enhancement of the quality of products and the companies keep introducing new products with advanced features that are competitive in both performance and prices

Access Press Release@ https://www.grandviewresearch.com/press-release/global-sorbitol-market

Sorbitol Market Segmentation

Grand View Research has segmented the global sorbitol market on the basis of product, application, end-use, and region:

Sorbitol Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Liquid
• Crystal

Sorbitol Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Oral Care
• Vitamin C
• Diabetic & Dietetic Food & Beverage
• Surfactant
• Others

Sorbitol End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Personal Care
• Chemical
• Food
• Pharmaceuticals
• Others

Sorbitol Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Thailand
• Central & South America (CSA)
  • Brazil
• Middle East & Africa (MEA)
  • Saudi Arabia

List of Key Players of Sorbitol Market

• American International Foods, Inc.
• ADM
• Cargill Incorporated
• DuPont
• Gulshan Polyols Ltd.
• Merck KGaA
• Ecogreen Oleochemicals GmbH
• Qinhuangdao Lihua Starch Co., Ltd.
• Roquette Frères
• SPI Pharma
• Tereos
• Ingredion Incorporated
• Kasyap Sweeteners, Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Paint Protection Film Market to Witness Exponential Growth by 2028: Grand View Research Inc.

 Paint Protection Film Market Growth & Trends

The global paint protection film market size is projected to reach USD 428.09 million by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.4% during the forecast period. Increasing consumer awareness about vehicle paint protection against stone chipping, bug splatters, and abrasions is expected to trigger the demand for Paint Protection Films (PPFs).

On the other hand, ceramic coating technologies are likely to be used as a substitute to these films on account of their superior performance against abrasions and scratches, thus impacting the growth of the market. In addition, frequent discrepancies in raw material pricing as well as declining automotive production in several economies, such as the U.S., Korea, and Japan, are predicted to act as a restraining factor for the market players. However, the rapid growth of other end-use application sectors, such as aerospace & deference and electrical & electronics, is anticipated to provide new opportunities to them. 

The global market is highly competitive on account of the easy availability of raw material and the strong presence of several key players with sufficient production capacities. Product sustainability, price, and durability are anticipated to be the key factors impacting the buyers’ decisions. The product is broadly available in retail as well as online platforms. Moreover, its installation necessitates expertise and specially trained employees for optimal results. Therefore, key industry participants are also focusing on after-purchase services. Some players have various established contracts with domestic installers to expand their geographical presence.

Request a free sample copy or view report summary: Paint Protection Film Market Report

Paint Protection Film Market Report Highlights

• In 2020, automotive & transportation emerged as the largest application segment and accounted for over 72% of the global revenue share, in which a majority of the product demand is attained from the passenger cars segment due to its superior color protection characteristics
• The aerospace & defense application segment is poised to register the fastest CAGR of 7.8% over the forecast period
• The growth of this segment can be attributed to the increasing investments in the aircraft and defense sectors in China, U.S., and India
• In 2020, the electrical & electronics application segment accounted for 4% of the overall market volume
• This share resulted majorly from the demand for electronic gadgets, such as mobiles, laptops, tablets, and phablets, in emerging economies of Asia Pacific and Central & South America
• In 2020, Asia Pacific was the leading regional market, in terms of volume as well as revenue, due to high product demand
• The regional market will expand further at the fastest CAGR from 2021 to 2028 mainly due to a significant rise in automotive sales in emerging economies, such as China, India, Vietnam, Thailand, and South Korea

Access Press Release@ https://www.grandviewresearch.com/press-release/global-paint-protection-film-market

Paint Protection Film Market Segmentation

Grand View Research has segmented the global paint protection film market on the basis of application and region:

PPF Application Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2017 - 2028)

• Automotive & Transportation
• Electrical & Electronics
• Aerospace & Defense
• Others

PPF Regional Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2017 - 2028)

• North America
  • US.
• Europe
  • Germany
  • UK.
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Indonesia
  • Thailand
  • Malaysia
• Central & South America
• Middle East & Africa

List of Key Players of Paint Protection Film (PPF) Market

• KDX Composite Material
• 3M Company
• Eastman Chemical Company
• Premier Protective Films International
• Renolit
• SWM, Inc.
• XPEL, Inc.
• Avery Dennison Corp.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Hydrogen Generation Market Major Key Players And Latest Trend Analysis Till 2028: Grand View Research Inc.

 Hydrogen Generation Market Growth & Trends

The global hydrogen generation market size is expected to reach USD 184.11 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.7% from 2021 to 2028. The global energy crisis has fostered research and exploration in alternative sources of energy generation and several sustainable conservation initiatives. Sustainability in energy generation is a vast field and includes numerous steps, which are required to be implemented in the primary stages, as their potential environmental and commercial impacts can be substantial.

The growing investments in smart “energy-saving” residential and commercial buildings are expected to provide an impetus to the adoption of hydrogen for energy generation. Hydrogen is a financially viable option to investors as they also comply with federal and environmental regulations, catering to the ever-increasing demand for energy.

According to post analysis of preliminary data from the Energy Information Administration, natural gas outshined coal in 2016 as the most common resource used for electricity generation in the U.S. The organization had projected that the natural gas fueled-electricity generation in the U.S. is expected to provide an average of 3.8 million MWh per day in 2016, or 4% higher than in 2015.

According to an article published by The Washington Post in March 2017, there are 1,793 natural gas-powered electricity plants in the U.S., which generated 34% of the electricity in 2016, surpassing coal as well as nuclear power plants. Although the reducing number of natural gas reserves is a major concern, certain political strategies have led to the reduced use of this fuel.

Developing countries such as India and China are projected to fuel the market growth over the next eight years. China is expected to decrease its dependence on coal and increase its focus on renewable installed capacity and hydrogen gas in the near future, thus making it a key market for hydrogen generation over the forecast period.

Request a free sample copy or view report summary: Hydrogen Generation Market Report

Hydrogen Generation Market Report Highlights

• The coal gasification technology segment is projected to expand at the highest revenue-based CAGR during the forecast period. The hydrogen generation from coal also offers environmental benefits when integrated with advanced technologies in coal gasification, carbon capture, and power production, which is expected to drive the demand for hydrogen generation via coal gasification
• The transportation application segment is expected to witness significant growth over the forecast period owing to the increasing demand for hydrogen as a vehicle fuel
• The others application segment of hydrogen generation includes chemical industry, oil refining, and iron and steel  The chemical sector is a major producer of by-product hydrogen, which is consumed within the sector as well as distributed for industrial use
• In January 2018, there were 39 public hydrogen fueling stations across the U.S., of which 35 were in California and 2 in South Carolina and the Northeast, respectively. Moreover, 29 and 5 public hydrogen fueling stations have been planned in California and the Northeast, respectively

Access Press Release@ https://www.grandviewresearch.com/press-release/global-hydrogen-generation-market

Hydrogen Generation Market Segmentation

Grand View Research has segmented the global hydrogen generation market on the basis of technology, application, systems type, and region:

Hydrogen Generation Technology Outlook (Volume, Million Metric Tons; Revenue, USD Billion, 2016 - 2028)

• Coal Gasification
• Steam Methane Reforming
• Others

Hydrogen Generation ApplicationOutlook (Volume, Million Metric Tons; Revenue, USD Billion, 2016 - 2028)

• Methanol Production
• Ammonia Production
• Petroleum Refinery
• Transportation
• Power Generation
• Others

Hydrogen Generation SystemsTypeOutlook (Volume, Million Metric Tons; Revenue, USD Billion, 2016 - 2028)

• Merchant
• Captive

Hydrogen Generation Regional Outlook (Volume, Million Metric Tons; Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • Russia
  • UK.
  • Spain
  • Italy
  • France
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
• Central & South America
  • Brazil
  • Paraguay
  • Colombia
• Middle East and Africa
  • UAE
  • South Africa
  • Egypt
  • Saudi Arabia

List of Key Players of Hydrogen Generation Market

• Linde plc
• Air Liquide International S.A.
• Messer Group GmbH
• Air Products and Chemicals, Inc.
• Weldstar, Inc.
• Hydrogenics
• Inox

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Europe Passive Fire Protection Market Trends, Growth Prospects To 2028: Grand View Research Inc.

 Europe Passive Fire Protection Market Growth & Trends

The Europe passive fire protection market size is expected to reach USD 1.4 billion by 2028, registering a CAGR of 3.7% over the forecast period, according to a new report by Grand View Research, Inc. Favorable fire safety regulations coupled with rising demand for fire protection in steel, oil and gas, and construction industries are likely to drive the market.

The construction of buildings is changing as new building designs usually feature open spaces with few barriers. In addition, buildings are becoming increasingly airtight and insulated with more combustibles within the building structure. These changes cause a fire in buildings that spread faster and become more hazardous, thereby driving the market.

In most European countries, the national government establishes fire regulations, which are usually in line with the regulations proposed by the European Union. With the amendments to the Regulatory Reform Order and introduction of CE marking, the construction industry in Europe has witnessed an increased demand for effective and compliant fire protection products.

The rapid spread of the COVID-19 in Europe resulted in containment measures in almost the entire region. This resulted in restrictions on construction activities, i.e., either complete or partial shutdowns. Since, the market is directly related to its penetration in construction activities, a downturn in the industry is anticipated to restrict the market growth.

Request a free sample copy or view report summary: Europe Passive Fire Protection Market Report

Europe Passive Fire Protection Market Report Highlights 

• The intumescent coatings segment accounted for 30.0% of the revenue share in 2020, owing to the rising product demand attributed to their lightweight, faster drying properties, and the ability to attain attractive finish along with their suitability for offsite applications
• The product penetration in the oil and gas industry is estimated to witness a CAGR of 3.4% from 2021 to 2028, in terms of revenue, owing to the rising investments by oil and gas companies in E&P activities and set up of new refining capacities in the region
• The U.K. accounted for 14.3% of the Europe revenue in 2020 owing to the rising awareness pertaining to fire safety coupled with the increasing number of policies by the U.K. government, including the HSE business plan
• In Russia, the market is estimated to witness a CAGR of 3.5% from 2021 to 2028 on account of the government’s focus on increasing the level of fire safety in public facilities coupled with modernization efforts to upgrade existing factories across the country

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-passive-fire-protection-market-analysis

Europe Passive Fire Protection Market Segmentation

Grand View Research has segmented the Europe passive fire protection market on the basis of product, end-use, and country:

Europe Passive Fire Protection Product Outlook (Revenue, USD Million, 2017 - 2028)

• Cementitious Materials
• Intumescent Coatings
• Fireproofing Cladding
• Others

Europe Passive Fire Protection End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Oil & Gas
• Construction
• Industrial
• Warehousing
• Others

Europe Passive Fire Protection Country Outlook (Revenue, USD Million, 2017 - 2028)

• Czech Republic
• France
• Germany
• Italy
• Poland
• Romania
• Russia
• Spain
• K.

List of Key Players of Europe Passive Fire Protection Market

• 3M
• RPM International Inc.
• Hempel A/S
• The Sherwin-Williams Company
• Hilti
• Mercor Tecresa
• Etex Group
• Rudolf Hensel GmbH
• Rolf Kuhn GmbH

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Iron Oxide Pigments Market Forecasted to Grow at Steady Pace During 2021-2028: Grand View Research Inc.

 Iron Oxide Pigments Market Growth & Trends

The global iron oxide pigments market size is expected to reach USD 3.1 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.7% from 2021 to 2028. Iron oxide pigments are widely used in various applications such as construction, coatings, plastics, and paper. The growing construction industry across the globe, notably in the fast-emerging regions including Asia Pacific, is anticipated to fuel the demand for iron oxide pigments over the forecast period.

Red and yellow iron oxide pigments are mixed with concrete for their use in construction applications. Red iron oxide pigments led the market and accounted for more than 42.0% share in terms of revenue in 2020. This is on account of their pure hue, tinting strength, light fastness, and consistent properties. The construction application segment led the market and accounted for more than 45.0% share of the global revenue in 2020.

Synthetic iron oxide pigments emerged as the dominant product segment in 2020 and are anticipated to maintain their lead over the forecast period. The highly stable nature and good strength of synthetic iron oxide pigments are paving the way for their use in various applications, including construction and coatings. In the construction industry, these pigments are used to manufacture pavement blocks, stamped concrete, designer tiles, and colored concrete products among others. Thus, the growing construction industry is anticipated to create ample opportunities for iron oxide pigments in the coming years.

Request a free sample copy or view report summary: Iron Oxide Pigments Market Report

Iron Oxide Pigments Market Report Highlights

• Based on product, the synthetic segment led the market and accounted for more than 69.0% share of the global revenue in 2020 owing to its good strength and highly stable nature
• By application, the construction segment held the largest share in 2020 and is anticipated to maintain its lead over the forecast period
• Asia Pacific accounted for the largest share of more than 39.0% in 2020 and is projected to witness significant growth over the forecast period owing to the rapid expansion, especially in China, India, and Southeast Asia

Access Press Release@ https://www.grandviewresearch.com/press-release/global-iron-oxide-pigment-market

Iron Oxide Pigments Market Segmentation

Grand View Research has segmented the global iron oxide pigments market on the basis of product, color, application, and region:

Iron Oxide Pigment Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Synthetic
• Natural

Iron Oxide Pigment Color Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Red
• Yellow
• Black
• Blends

Iron Oxide Pigment Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Construction
• Coatings
• Plastics
• Paper
• Others

Iron Oxide Pigment Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
• Central & South America
• Middle East & Africa

List of Key Players of Iron Oxide Pigments Market

• Huntsman International LLC
• Venator Materials PLC
• Applied Minerals, Inc.
• CATHAY INDUSTRIES
• Lanxess
• BASF SE
• KRONOS Worldwide, Inc.
• Hunan Sanhuan Pigment Co., Ltd.
• Titan Kogyo, Ltd. (Titanium Industry Co., Ltd.)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Australia Laser Hair Removal Market Expected to Witness a Sustainable Growth over 2028: Grand View Research Inc.

 Australia Laser Hair Removal Market Growth & Trends

The Australia laser hair removal market size is expected to reach USD 2.23 billion by 2028, registering a CAGR of 6.7% over the forecast period, as per a new report by Grand View Research, Inc. According to Plastic Surgery Statistics Report, in Australia, laser hair removal is considered as one of the top five minimally invasive cosmetic procedures, with around 7,522 procedures performed in 2018. This has led to high demand for laser hair removal devices, which is expected to propel growth of overall market.

In addition, majority of the laser treatments to improve physical appearance are noninvasive, which is leading to high demand for these techniques, as they cause less pain. Key market players are focusing on the development of new products, thus increasing the availability of advanced laser hair removal techniques in the market.

Laser hair removal techniques are constantly undergoing significant improvements, which have made devices more efficient and cost-effective. For instance, with recent advancements, the laser hair removal technique delivers effective results in a minimum number of sessions, unlike repeated numerous sessions that were required earlier. Newly designed devices work effectively on all skin types.

Request a free sample copy or view report summary: Australia Laser Hair Removal Market Report

Australia Laser Hair Removal Market Highlights

• On the basis of type, the market has been divided into diode, Nd:YAG, and alexandrite lasers
• The diode laser segment held the maximum revenue share of 40% in 2020 owing to the high precision offered
• In addition, they can selectively target a particular body part and effectively remove the hair without harming the surrounding skin of the area
• Moreover, the reasonable time required for the overall procedure according to the body area and volume of hair is augmenting the product demand
• Beauty clinics was the largest end-use segment with a revenue share of 54% in 2020 owing to specialty services provided in these settings
• Beauty clinics are also anticipated to witness the fastest CAGR during the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/australia-laser-hair-removal-market-analysis

Australia Laser Hair Removal Market Segmentation

Grand View Research has segmented the Australia laser hair removal market based on the laser type and end use:

Australia Laser Hair Removal Laser Type Outlook (Revenue, USD Million, 2016 - 2028)

• Diode Laser
• Nd:YAG Laser
• Alexandrite Laser

Australia Laser Hair Removal End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Beauty Clinics
• Dermatology Clinics
• Home Use

List of Key Players of Australia Laser Hair Removal Market

• Silk Laser Clinics
• Results Laser Clinic
• Australian Skin Clinic
• Laser Clinics Australia
• Advanced Clinics Australia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Broadband Services Market Latest Innovations, Drivers and Industry Key Events 2021 – 2028: Grand View Research Inc.

 Broadband Services Market Growth & Trends

The global broadband services market size is estimated to reach USD 706.94 billion by 2028, according to the new report by Grand View Research, Inc. The market is expected to register a CAGR of 9.1% from 2021 to 2028. The rapidly escalating demand for broadband services due to their ability to offer higher date access to the internet using a wide spectrum of technologies is a major growth propeller for the market.

The market is positioned to register strong growth over the forecast period, driven primarily by the steep demand in the market. The high demand is supported by proactive government initiatives, technological advancements for improved user convenience, consumer awareness, and increased usage of devices such as mobile phones, tablets, MIDs, and eBooks-requiring a broadband connection. The internet speed and widespread availability of broadband services are notable growth contributors.

Some of the key market trends in the global market for broadband services include the following: strategic usage of broadband pre-registration indices to collect market data regarding price, engineering decisions, and user preferences; online registration of broadband services makes the process transparent and user-friendly; electronic signature in registration documents and validation of identity proofs aids in maintaining an automatic contract status and limits malpractice; system integration is increasingly emphasized to offer a one-stop-shop service for all marketing, mails, management, installation, and customer support needs; and finally, B2C models are increasingly focused on impacting crowd mentality to attract a larger customer base.

The COVID-19 pandemic has rendered a positive impact on broadband services as digital consumption has witnessed a sharp rise over the last few weeks. Work-from-home concepts in most businesses, online classes in education formats, higher usage of video calls for conferences and personal uses, online shopping of essential items, and higher viewership of entertainment content have notably increased the requirement for broadband services. Investment in companies to adopt digital channels for product promotion and sales is also likely to surge in the near future. Besides speed, add-on services are a key attraction for customers, thereby leveling up the competitive rivalry in the market.

Request a free sample copy or view report summary: Broadband Services Market Report

Broadband Services Market Report Highlights

• The Asia Pacific regional market accounted for the largest market share in 2020, owing to the wide-scale usage of broadband services
• Fiber opticsdominated the broadband connection segment due to its speedy connection, large-scale adoption, and continuously evolving technology
• Wireless broadband services are positioned to demonstrate double-digit growth momentum over the forecast period
• Increased adoption of broadband services during COVID-19 has prominently augmented market growth and fuelled the digital revolution in business models
• The prominent industry players operating in the market are Comcast; AT&T Intellectual Property; Verizon Communications, Inc.; and Cox Communications, Inc.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-broadband-services-market

Broadband Services Market Segmentation

Grand View Research has segmented the global broadband services market based on broadband connection, end-user, and region:

Broadband Services Broadband Connection Outlook (Revenue, USD Billion, 2017 - 2028)

• Fiber Optic
• Wireless
• Satellite
• Cable
• Digital Subscriber Line (DSL)

Broadband Services End-user Outlook (Revenue, USD Billion, 2017 - 2028)

• Business
• Household
• Others

Broadband Services Regional Outlook (Revenue, USD Billion, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• South America
  • Brazil
• Middle East & Africa

List of Key Players of the Broadband Services Market

• Comcast
• AT&T
• Verizon Communications, Inc.
• Cox Communications, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

U.S. Restaurant Point Of Sale Solution Market is Projected to Boost USD 4.74 Billion by 2028: Grand View Research Inc.

 U.S. Restaurant Point Of Sale Solution Market Growth & Trends

The U.S. restaurant point of sale solution market size is expected to reach USD 4.74 billion by 2028, expanding at a CAGR of 3.9% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The rising demand for digital solutions for effectively managing restaurant business operations such as tracking employee attendance, inventory, online food order delivery status, and recording orders and sales is expected to drive the market growth.

However, the COVID-19 pandemic severely impacted the restaurant industry, disrupted the supply chain of the point of sale(POS) terminal market, and restricted people in their homes. These factors impacted fine-dine restaurants, affecting the overall demand for POS solutions. As of February 2021, nearly 110,000 restaurants in the U.S. had closed permanently. The pandemic also highlighted the need for improving POS solutions as small and medium-size restaurants were compelled to adopt digital services and embrace automation. Moreover, the concept of cloud kitchens started gaining immense popularity as it allowed businesses to capitalize on the rise in online food orders, boosting the demand for mobile terminals in these premises.

The growing need for contactless transactions, device upgrades, and the readiness of digital payments facilitating quick integration and sync with active accounts are expected to drive the demand for restaurant POS solutions. Furthermore, reduction in Total Cost of Ownership (TCO) and improved return on investments offered by the POS terminals have considerably increased their demand among SMBs. Also, the introduction to PIN and chip-embedded payment cards has reduced security concerns, thereby controlling sensitive data theft and augmenting demand for POS solutions.

The introduction of mobile payment applications has also fueled the demand for software solutions as cashless payments are gaining immense popularity among consumers. Merchants have started accepting mobile wallet payments via applications such as PayPal, Venmo, Samsung Pay, Google Pay, and Apple Pay. Along with facilitating cashless payment, contactless payment methods also helped limit the spread of COVID-19, which increased their popularity. Moreover, the availability of technologically advanced POS payment applications and terminals is expected to augment the demand for POS solutions in the restaurant industry.

Request a free sample copy or view report summary: U.S. Restaurant Point Of Sale Solution Market Report

U.S. Restaurant Point Of Sale Solution Market Report Highlights

• In terms of component, the software segment is expected to expand at the highest CAGR from 2021 to 2028. The demand for POS software has increased during the COVID-19 pandemic as restaurateurs adopted mobile POS terminals and upgraded their existing applications to support online food deliveries
• In terms of product, the mobile POS segment is expected to exhibit the highest growth rate owing to benefits such as affordability, quick integration, and mobility. Advanced mPOS software solutions are also equally capable of handling inventory, financial transactions, and sales information to support business operations
• In terms of end user, the FSR segment dominated the market in 2020 owing to the high demand for POS solutions across fine-dine and casual-dine restaurants. However, the FSR segment suffered significant losses in 2020 as the COVID-19 pandemic impacted the restaurant industry. The industry is recovering slowly in 2021 as many restaurants have reopened, expected to help the segment expand in the near future
• NCR Corporation; Toast Inc.; Square Inc.; Clover Network Inc.; and Oracle are some of the prominent players in the market. These vendors have created a strong ecosystem of distributors, technology, and channel partners in the country, driving the market growth.

Access Press Release@ https://www.grandviewresearch.com/press-release/us-restaurant-point-of-sale-solution-market-analysis

U.S. Restaurant Point Of Sale Solution Market Segmentation

For this study, Grand View Research has segmented the U.S. restaurant POS solution market based on product, component, deployment, and end-user:

U.S. Restaurant POS Solution Product Outlook (Revenue, USD Million, 2017 - 2028)

• Fixed POS
• Mobile POS

U.S. Restaurant POS Solution Component Outlook (Revenue, USD Million, 2017 - 2028)

• Hardware
• Software
• Services

U.S. Restaurant POS Solution Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• Cloud
• On-premises

U.S. Restaurant POS Solution End-user Outlook (Revenue, USD Million, 2017 - 2028)

• FSR
  • Fine Dine
  • Casual Dine
• QSR
• Institutional
• Others

List of Key Players of the U.S. Restaurant Point Of Sale Solution Market

• Ingenico (acquired by Worldline)
• PAX Technology
• Clover Network Inc.
• Lightspeed
• Square Inc.
• TouchBistro
• Toast, Inc.
• Helcim Inc.
• Revel System
• Bepoz America LLC
• Oracle

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Global Market For In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing to Witness Tremendous Growth and Expansion by 2028

 In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Growth & Trends

The global in-vitro toxicology assays market size for cannabis and nicotine testing is expected to reach USD 2.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.2% from 2021 to 2028. Growing adoption of high throughput techniques in cannabis testing, legalization of medical cannabis, and growing awareness regarding the potential hazards of nicotine consumption have majorly driven the market throughout the forecast period.

The legalization of medical cannabis is underway globally, including in countries such as Germany, Australia, and Israel. The market is gaining momentum in the Asia Pacific region, with Thailand having fully legalized medicinal cannabis. Thus, increasing legalization of medical cannabis is expected to drive the market growth to a major extend. In addition, technological advancements in cellular assays have boosted the market growth.

COVID-19 has become a catalyst for changing the traditional use of cannabis. Owing to the pandemic, the leading scientific community and market competitors are now focusing on deciphering the potential of cannabis to prevent SARS-CoV-2 infection. Companies have reported the increase in the sale of cannabis as some states/countries have declared cannabis as an essential medicine during the pandemic.

Request a free sample copy or view report summary: In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Report

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Report Highlights

• Nicotine testing accounted for the largest revenue in 2020 and is expected to continue the trend in the forecast period owing to increasing safety concerns associated with nicotine products
• Cannabis testing is expected to witness gradual growth through 2021-2028 owing to the rising acceptance of cannabis for medical use
• 3D cell culture technology is expected to grow at substantial CAGR owing to the increasing popularity of drug development and toxicity testing
• Cytotoxicity testing designing accounted for the highest market revenue in 2020 owing to advancements in different tools for evaluating the cytotoxic effects of nicotine-containing products
• North America has emerged as the highest revenue-generating region in 2020, owing to the prevalence of cancer, presence of key players, and developed healthcare infrastructure
• Asia Pacific is anticipated to witness the fastest CAGR throughout the forecast period. It is anticipated that China and India are contributing majorly to the regional market’s growth
• Key players are undertaking various strategic initiatives such as mergers and acquisitions to maintain their presence in the market
• In August 2020, Eurofins Scientific purchased approximately 136 smaller labs within 3 years from 2014 to 2019, accounting for a total expenditure of USD 3.4 billion in these acquisitions

Access Press Release@ https://www.grandviewresearch.com/press-release/global-in-vitro-toxicology-assays-cannabis-nicotine-testing-market

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Segmentation

Grand View Research has segmented the global in-vitro toxicology assays market for cannabis and nicotine testing on the basis of test type, technology, application, method, and region:

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Type Outlook (Revenue, USD Million, 2017 - 2028) 

• Cannabis Testing
• Nicotine Testing

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Technology Outlook (Revenue, USD Million, 2017 - 2028)

• 3D Cell Culture Technology
• Mass Spectrometry
• Flow Cytometry
• Others

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Application Outlook (Revenue, USD Million, 2017 - 2028)

• Genetic Toxicity Testing
• Carcinogenicity Testing
• Cytotoxicity Testing
• Mutagenicity Testing
• Others

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Method Outlook (Revenue, USD Million, 2017 - 2028)

• Cellular Assay
  • Live Cells
    • High Throughput / High Content Screening
    • Molecular Imaging
    • Others
  • Fixed Cells
• Others

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Spain
  • Italy
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Singapore
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia

List of Key Players of In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing

• Stemina Biomarker Discovery, Inc.
• Broughton Nicotine Services
• Labstat International, Inc.
• IONTOX
• TOXIKON
• Integrated Laboratory Systems
• Enthalpy Analytical
• PBR Laboratories, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Vials And Ampoules Market: Advanced Technologies and Growth Opportunities Worldwide By 2028

 Vials And Ampoules Market Growth & Trends

The global vials and ampoules market size is anticipated to reach USD 13.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.5% from 2021 to 2028. The market is predominantly driven by the rapid growth in the pharmaceutical industry mainly in emerging markets such as India and China. In addition, the COVID-19 pandemic has created a huge demand for vials and ampoules globally. The production of the COVID-19-vaccine at a large scale in various nations across the globe has significantly impacted the market scenario.

Companies such as Pfizer, Serum Institute of India, among other several biotechnology and pharmaceutical manufacturing companies are consistently doing R&D and developing vaccines with greater efficiency against coronavirus. The government of various nations has aimed to vaccinate the majority of their country’s population by the end of 2021. Thus, vials and ampoules manufacturers are ramping up their production capacity multi-folds. India is among the top worst hit nations in the world. Moreover, the government of India is aiming to vaccinate the majority of the 137 crores Indian population by the end of 2021. This, further accelerate the demand for vials in India.

Various vials and ampoule manufacturing companies such as Schott Kaisha and Gerresheimer India are scaling up their capacity in India. For instance, Gerresheimer India is planning to increase its capacity by 30.0%. Companies are developing hybrid plastic and glass vials and ampoules with increased durability and low cost. Such innovations by the market players are expected further increase their product demand in the global market.

Request a free sample copy or view report summary: Vials And Ampoules Market Report

Vials And Ampoules Market Report Highlights

• The glass material segment contributed to a revenue share of 77.5% in 2020. Glass is the most extensively used packaging material in the pharmaceutical industry owing to its properties such as non-reactive, non-corrosive, reusable, and recyclable properties
• The plasticsegment is anticipated to grow well during the forecast period 2021 - 2028. Plastic vials are cost-effective, durable, and lightweight. Moreover, plastic gives design flexibility. Such factors are increasing the demand for plastic material in the manufacturing of vials and ampoules
• India is the second-largest market for ampoules and vials in terms of value in Asia Pacific. This is due to the huge production of generic medicines in India. India is the largest supplier of generic pharmaceutical products in the world. Moreover, the recent outbreak has increased the demand for vials and ampoules in India
• Pharmaceutical companies such as Serum Institute of India and Bharat Biotech have developed the COVID-19 vaccines i.e., Covishield and Covaxin. The production of these vaccines is on large scale, which further requires a huge number of vials. Thus, India is one of the major markets for vials and ampoules in recent times
• Among the product segment, the ampoules segment accounted for a majority of the revenue share in 2020. Ampoules are low-cost compared to vials. In the pharmaceutical industries and hospitals, doctors normally give 1ml to 3ml of vaccines to a patient which mainly comes in the ampoules format
• The key market players are utilizing their full capacity and rapidly increasing their production capacities due to the increasing demand for vials and ampoules in the manufacturing of COVID-19 vaccines. For instance, in November 2020, Schott Kaisha announced an investment of around USD 14 million in its existing production facility to increase the vials production capacity by 300 million pieces

Access Press Release@ https://www.grandviewresearch.com/press-release/global-vials-ampoules-market

Vials And Ampoules Market Segmentation

Grand View Research has segmented the global vials and ampoules market on the basis of material, end-use industry, product, size, and region

Vials And Ampoules Material Outlook (Revenue, USD Million, 2017 - 2028)

• Glass
• Plastic

Vials And Ampoules End-use Industry Outlook (Revenue, USD Million, 2017 - 2028)

• Food & Beverage
• Pharmaceutical
• Chemical
• Personal Care & Cosmetics

Vials And Ampoules Product Outlook (Revenue, USD Million, 2017 - 2028)

• Vials
• Ampoules

Vials And Ampoules Size Outlook (Revenue, USD Million, 2017 - 2028)

• Small
• Large

Vials And Ampoules Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK.
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
• Central & South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

List of Key Players of Vials And Ampoules Market

• Schott AG
• Gerresheimer AG
• SGD SA
• Nuova Ompi SRL (Stevanato Group)
• NIPRO Corporation
• Piramida d.o.o.
• APL Solutions Pvt. Ltd
• Crestani srl
• Pacific Vials Manufacturing Inc.
• Borosil

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.