Surgical Masks Market Size Projected to Rise Lucratively during 2021 to 2028: Grand View Research Inc.

 Surgical Masks Market Growth & Trends

The global surgical masks market size is anticipated to reach USD 685.5 million 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 2019 to 2028. The market growth is associated with the increasing demand for respiratory protection in the healthcare industry, during the COVID-19 pandemic and rising awareness regarding healthcare-associated infections.

Rapid development in medical diagnostics and an increasing number of operations and medical procedures performed throughout the world are factors projected to boost the demand for surgical masks. Furthermore, rising awareness pertaining to the protection provided by these masks against airborne illnesses is expected to supplement the market growth.

The COVID-19 pandemic has severely affected several countries globally, owing to which the demand for various PPE products, including medical face masks, has increased significantly. Thus, to cater to this increased demand, several manufacturers have increased their production capacities.

Companies focus on integration across various stages of the value chain to gain a competitive edge in the market. In November 2020, Medline Industries, Inc. announced its plans for manufacturing face masks in North America. The company is modifying its Lithia Springs, Georgia-based manufacturing plant and began its production in January 2021.

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Surgical Masks Market Report Highlights

• The basic surgical masks segment accounted for 43.3% of the global revenue share in 2020 on account of the easy availability of the product, increased demand for respiratory protection during the COVID-19 pandemic, and extensive use in the healthcare sector
• North America accounted for 25.9% of global revenue share in 2020 owing to the growing healthcare costs, an aging population, rising awareness of hospital-acquired infections, and increased medical tourism
• The online end-use segment is expected to witness the fastest CAGR of 11.0% from 2019 to 2028, owing to increased e-commerce adoption in developing nations, as well as customer convenience and simplicity of delivery
• In China, the market is likely to witness a CAGR of 14.1% over the forecast period owing to the aging population, rapid urbanization, improving standards of living, and expanding healthcare infrastructure in the country
• In April 2020, DuPont de Nemours, Inc. partnered with Cummins Inc. to provide critical material used for manufacturing N95 respirator masks for healthcare professionals, which aid in filtering various airborne particles

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Surgical Masks Market Segmentation

Grand View Research has segmented the global surgical masks market on the basis of product, distribution channel, and region:

Surgical Masks Product Outlook (Revenue, USD Million, 2017 - 2028)

• Basic Surgical Mask
• Anti-fog Surgical Mask
• Fluid/Splash Resistant Surgical Mask
• Others

Surgical Masks Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Online
• Offline

Surgical Masks Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Surgical Masks Market

• 3M
• DuPont de Nemours, Inc.
• Ansell Ltd.
• O&M Halyard, Inc.
• Medline Industries, Inc.
• Cardinal Health
• Crosstex International, Inc.
• Kimberly-Clark Corporation
• AlphaProTech
• Dynarex Corporation

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.

Chile Extracorporeal Shock Wave Lithotripsy Market to Penetrate Untapped Regions During 2021 to 2028: Grand View Research Inc.

 Chile Extracorporeal Shock Wave Lithotripsy Market Growth & Trends

The Chile extracorporeal shock wave lithotripsy market size is expected to reach USD 3.45 million by 2028, registering a CAGR of 5.9% over the forecast period, according to a new report by Grand View Research, Inc. Increasing risk factors that cause kidney stones and growing preference of patients for minimally invasive procedures coupled with technological advancements are contributing to the market growth. The rising cases of obesity and lifestyle-related diseases are also predicted to contribute to market growth.

Extracorporeal shock wave lithotripsy (ESWL) is a safe and effective method of delivering shock waves for the treatment of stones and physicians around the world generally utilize this technique as it involves less pain, requires low recovery time & a shorter hospital stay, and is non-invasiveness. The COVID-19 pandemic had a significant effect on the healthcare market. During the first wave of COVID-19, the lockdown and restrictions on gathering had a direct impact on productivity. The production units, on the other hand, began reopening in the third quarter of 2020.

The adoption of ESWL is also affected by the factors, such as limitations associated with ESWL and the presence of alternative treatment options. FONASA, Chile’s government-run health insurance scheme, covers 78% of the country’s population. As a result, Chile’s National Health System (SNSS - Sistema Nacional de Servicios de Salud) is the country’s largest buyer. The market is projected to experience a growth spike as the Piera administration continues to implement its hospital infrastructure plan.

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Chile Extracorporeal Shock Wave Lithotripsy Market Report Highlights

• The Electrohydraulic Lithotripters (EHL) segment held the largest revenue share in 2020. EHL is portable, efficient, and relatively inexpensive which drive its demand
• The piezoelectric lithotripters segment is anticipated to witness the largest CAGR over the forecast period
• In terms of revenue share, the kidney stone application segment led the market in 2020 owing to increased cases of the disease and its risk factors
• The pancreatic stone segment is predicted to have substantial growth due to the rising demand for technologically improved minimally invasive equipment
• In terms of end use, the hospital segment dominated the market accounting for the maximum revenue share of the global ESWL market in 2020 owing to the availability of technologically advanced infrastructure and medical equipment in hospitals

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Chile Extracorporeal Shock Wave Lithotripsy Market Segmentation

Grand View Research has segmented the Chile extracorporeal shock wave lithotripsy market based on technology, application, and end-use:

Chile ESWL Technology Outlook (Revenue, USD Million, 2016 - 2028)

• Electromagnetic
• Electrohydraulic
• Piezoelectric

Chile ESWL Application Outlook (Revenue, USD Million, 2016 - 2028)

• Kidney Stone
• Pancreatic Stone
• Salivary Stone
• Other

Chile ESWL End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospital
• Clinic
• Other

List of Key Players of Chile Extracorporeal Shock Wave Lithotripsy Market

• Boston Scientific Corp.
• Becton, Dickinson and Company
• Cook Medical
• Siemens Healthcare GmbH
• Lumenis
• Olympus
• Dornier MedTech
• Karl Storz Lithotripsy-America, Inc.
• MTS Medical

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. Patient Positioning Systems Market Size Is Predicted To Reach A Valuation Of USD 1.3 Billion By 2030: Grand View Research Inc.

 U.S. Patient Positioning Systems Market Growth & Trends

The U.S. patient positioning systems market size is anticipated to reach USD 1.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2022 to 2030. The key drivers contributing to the market growth include increasing number of diagnostic procedures, technological advancements such as automated powered systems, and growing number of surgeries. The COVID-19 pandemic led tosupply chain challenges, low demand, and decreased sales in the market. The main impact of the pandemic, however, was the postponement or cancellation of elective surgeries during 2020.

Most states in the U.S. implemented a temporary ban on elective surgeries to reduce cross-infection risk to patients and providers, as well as to conserve critical resources. According to Harvard Business Review, deferred healthcare services, particularly delayed elective procedures, attributed to around 4.8% GDP decline in the U.S. economy in Q1 2020. The demand is anticipated to bounce back with the resumption of elective surgeries. The industry is driven by technological advancements. The overall digitization in healthcare, catalyzed by the COVID-19 pandemic, is expected to enable innovations such as contactless patient positioning systems and integrated robotics.

Leoni Orion is another patient positioning system that incorporates automated technology for radiotherapy treatment. Mizuho OSI offers a lineup of surgery tables specific to different specialties. Its Insite table, for example, is a radiolucent cantilevered surgery table intended for spinal and imaging procedures.Furthermore, the country has an advanced health care infrastructure than most of the countries in the globe. This makes it a lucrative market for technologies such as patient positioning systems which strengthen the competence and effectiveness of the health care organization. X-ray, CT, ultrasound, and MRI are the most common diagnostic imaging procedures performed in the U.S.

As per Harvard Health Publishing, more than 80 million CT scans are performed in the country annually. This is expected to increase demand for innovative patient positioning systems that comply with radiotherapy and diagnostics requirements, thus propelling the market growth.

Market players are involved in product developments to incorporate new technologies in their product lineup for optimum patient outcomes. Hill-rom on the other hand, launched a precision surgical table (PST 500) and lithotomy positioning devices (Yellofins Apex) in July 2020, to expand its portfolio. Similaly, in December 2020, Skytron launched GS70 Salus surgical table as part of its Guardian Series surgical tables to extend its product lineup.

Getinge, for example, launched a new surgical table-MaquetYuno II in the U.S. in May 2019-to support advanced orthopedic techniques. The multiple configurations offered in this product support various procedures such as neurosurgery and trauma surgeries and other advanced orthopedic techniques-by using one surgical table while lowering the complexity of setup. The table has an automatic lock system that prevents an accidental release of the traction bar, thereby enhancing patient safety. Moreover, it also offers flexibility with an elongation adapter for hip scopes to expand the range of medical procedures.

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U.S. Patient Positioning Systems Market Report Highlights

• The market was valued at USD 795.1 million in 2021 and is expected to witness a CAGR of 5.4% during the forecast period
• Technological advancements and increasing number of surgical procedures are the key drivers promoting market growth
• The tables segment dominated the market in 2021 and is expected to maintain its lead over the forecast period, owing to integration of robotic technologies in surgical and imaging systems combined with patient positioning capabilities
• The surgery segment held the largest revenue share in 2021, followed by the diagnostics segment
• The hospitals segment accounted for the largest revenue share of the market in 2021, due to a large number of hospitals in the U.S., combined with adoption of newer patient positioning technologies that help improve imaging capabilities & patient outcomes

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U.S. Patient Positioning Systems Market Segmentation

Grand View Research has segmented the U.S. patient positioning systems market on the basis of product, application, and end-use

U.S. Patient Positioning Systems Product Outlook (Revenue, USD Million, 2017 - 2030)

• Tables
  • Surgical Tables
  • Examination Tables
  • Radiolucent Imaging Tables
• Accessories

U.S. Patient Positioning Systems Application Outlook (Revenue, USD Million, 2017 - 2030)

• Surgery
• Diagnostics
• Others

U.S. Patient Positioning Systems End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals
• Ambulatory Surgical Centers
• Others (Diagnostic Centers, Clinics)

List of Key Players of the U.S. Patient Positioning Systems Market

• Medtronic
• Stryker
• Steris
• Hill-Rom Services, Inc.
• SchureMed
• Skytron LLC
• Smith & Nephew
• Leoni AG
• Schaerer Medical AG
• Mizuho OSI

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.

Latin America Maintenance, Repair & Overhaul Market to Expand with Significant CAGR During 2020 – 2028: Grand View Research Inc.

 Latin America Maintenance, Repair & Overhaul Market Growth & Trends

The Latin America maintenance, repair and overhaul market size is likely to reach USD 41.01 billion by 2028, registering a CAGR of 4.7% over the forecast period, according to a new report by Grand View Research, Inc. Rising investment in repair operations, coupled with the increasing frequency of scheduled and periodic maintenance and optimization in the supply chain is expected to drive the market during the forecast years.

The presence of stringent regulatory norms regarding worker safety and operating conditions during industrial production is expected to result in an increased frequency of the maintenance cycles, thereby boosting the market growth. In addition, rising concern regarding increasing the overall productivity in industrial operations without any machine failure is expected to augment the demand for maintenance, repair, and overhaul (MRO) services in the market.

The emergence of various e-commerce platforms coupled with the market players' web portals for product distribution is benefiting the market in terms of direct sales. In addition, factors such as strengthening the supply chain and rising trend to build an effective inventory management process are expected to create new growth avenues for the market during the forecast period.

The market includes a chain of various parts & components manufacturers, specialists, distributors, retailers, and end-users, where manufacturer and distributor play an important role in strengthening the value chain along with monitoring the product pricing. The prices are primarily commanded on a customer-by-customer basis for an enhanced sales process.

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Latin America Maintenance, Repair & Overhaul Market Report Highlights

• The industrial product segment led the market in 2020, in terms of revenue share. The segment is estimated to grow at a steady CAGR of 4.2% during the forecast years on account of rising production output coupled with industrial development in the region
• Transportation is expected to be the fastest-growing end-use segment during the forecast period owing to the increased expenditure of aircraft MROdue to rising fleet sizes
• The food, beverage, & tobacco end-use segment is also projected to have significant growth over the forecast years owing to the growing production cycles and manufacturing capacities, primarily in the F&B industry in the region
• Brazil is estimated to dominate the Latin America MRO market, in terms of revenue, growing at a CAGR of 4.4% during the forecast period, owing to the adoption of high periodic & scheduled MRO activities among various end-use industries in the country, including mining, construction, pharmaceuticals, and textiles
• Global market players attempt to gain a higher market share and enter new markets by partnering with the local companies for product distribution to leverage the existing distribution network of the latter

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Latin America Maintenance, Repair & Overhaul Market Segmentation

Grand View Research has segmented the Latin America maintenance, repair & overhaul market on the basis of product, end-use, and country:

Latin America MRO Product Outlook (Revenue, USD Million, 2017 - 2028)

• Industrial
• Electrical
• Facility

Latin America MRO End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Food, Beverage, & Tobacco
• Textile
• Wood & Paper
• Mining
• Oil & Gas
• Metal Processing & Foundry
• Rubber, Plastic & Non-Metallic
• Chemicals
• Pharmaceuticals
• Electrical & Electronics
• Transportation
• Machinery
• Construction
• Others

Latin America MRO Country Outlook (Revenue, USD Million, 2017 - 2028)

• Mexico
• Brazil
• Argentina
• Chile
• Peru
• Colombia

List of Key Players of Latin America Maintenance, Repair & Overhaul Market

• Adolf Würth GmbH & Co. KG.
• Applied Industrial Technologies
• Motion Industries, Inc.
• WESCO International, Inc.
• Sonepar
• W. Grainger, Inc.
• Fastenal Company
• SOLUPARTS
• SERVILUB
• ABB Mining
• Komatsu 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.

Bioethanol Yeast Market Will Target Emerging Industries By 2028

 Bioethanol Yeast Market Growth & Trends

The global bioethanol yeast market size is expected to reach USD 32.67 billion by 2028, registering a CAGR of 14.04% over the forecast period, as per the new report by Grand View Research, Inc. The market is driven by the rising awareness about sustainable alternatives over petrochemical feedstock, such as biofuels, coupled with the rapidly expanding food and beverages industry.

There is a rising demand for bioethanol yeasts-based disinfection and sanitation products at present owing to the surging requirement to improve hygiene in hospitals, offices, and other public places to inhibit the spread of the infectious COVID-19 disease among staff and patients. The market is also driven by the rising awareness among people about personal hygiene. Furthermore, governments in Europe and North America have implemented stringent regulations for the use of chemical-based formulations, which is expected to boost the product demand, thereby supporting market growth.

However, the product cost is majorly dependent on raw material prices. The costs associated with the procurement of raw materials directly influence the overall cost of bioethanol yeast production. The prices of feedstock, such as corn, gasoline, crude oil, wheat, and soybean oil, are the major factors affecting the product costs. The supply-demand dynamics of the global market are expected to fluctuate owing to the rising demand and shortage of supply. The product is application-specific, which prompts companies to majorly adopt value-based pricing. Bioethanol yeast is composed of similar materials but with different areas of application, it needs to be treated differently as it provides an opportunity for manufacturers to increase their margins without increasing their production costs.

Moreover, the growth of the bakery sector in Europe, especially in Germany, as the country is the largest consumer of rolls and bread in the world, is anticipated to positively impact the product demand over the forecast period. In terms of supply and demand at a global level, manufacturers are inclined toward raw material procurement as the key raw materials used in product manufacturing are crop residues. These products are already in a state of oversupply, they also attract demand from other markets, such as biofuel and biogas generation, which negates the overcapacity of raw material availability.

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Bioethanol Yeast Market Report Highlights

• In terms of volume, the baker’s yeast product segment accounted for a prominent share in the market in 2020 and is expected to witness steady growth over the forecast period
• The cleaning & disinfection segment is projected to register the fastest CAGR over the forecast period due to the increasing cleaning and disinfection activities amid the COVID-19 pandemic
• In2020, North America accounted for the highest revenue share of the global market due to increased focus on biofuel production coupled with household hygiene practices
• Increasing mergers & acquisitions and new product development activities by key industry participants are anticipated to pave way for higher product demand worldwide

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Bioethanol Yeast Market Segmentation

Grand View Research has segmented the global bioethanol yeast market on the basis of basis of product type, application, and region:

Bioethanol Yeast Product Type Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Baker’s
• Brewer’s

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

• Food
• Animal Feed
• Biofuel
• Cleaning & Disinfection
• Other Applications

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

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

List of Key Players of Bioethanol Yeast Market

• Novozymes
• Associated British Foods plc
• DSM
• Cargill, Inc.
• Omega Yeast Labs, LLC
• Lallemand 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.

Online Dating Application Market Latest Innovations, Drivers and Industry Key Events 2021– 2028: Grand View Research Inc.

 Online Dating Application Market Growth & Trends

The global online dating application market size is expected to reach USD 11.03 billion by 2028, growing at a CAGR of 5.6% from 2021 to 2028, according to a new report by Grand View Research, Inc. The proliferation of smartphones and the increasing internet penetration are among the major factors that are expected to drive the growth of this market. The preference for online dating applications has been particularly growing in the wake of the outbreak of the COVID-19 pandemic. Several governments across the world have imposed lockdowns and restrictions on the movement of people and goods as part of the efforts to curb the spread of the coronavirus. Hence, individuals are resorting to online dating applications to connect with people and engage in personal relationships.

The growing trend among people, particularly young individuals, to prioritize their career over marriage and live alone also plays a key role in driving the popularity of online dating platforms. Several statistics have already highlighted the growing trend among individuals in different parts of the world to live alone. For instance, in New Zealand and Australia, 1 in every 7 women in their forties has never been married, while in Central and Southern Asia, about 1 in 100 women is unmarried. Data published by the U.S. Census Bureau in 2017 also revealed that almost 31% of the adults in the U.S. were not married and living alone has been emerging as a popular trend in the U.S.

The Japanese government is seeking budget approval for a new, AI-based dating service that can allow singles to find more curated matches. The service envisages leveraging AI systems to perform more sophisticated analysis and help in matchmaking based on various criteria. The Japanese government expects AI-assisted systems to typically help in assessing the preferences furnished by individuals looking forward to adopting "konkatsu", the Japanese concept of marriage hunt, in detail. Such initiatives are expected to drive the market in the Asia Pacific region.

However, concerns over data security and privacy protection are expected to restrain the growth of the market. Hackers are particularly targeting online dating apps to acquire the personal data of individuals, having realized that more individuals are resorting to such applications in the wake of the outbreak of the pandemic. Research conducted by Kaspersky Lab underlined high risks of data exposure associated with dating apps owing to the transmission of unencrypted user data happening over insecure Hypertext Transfer Protocol (HTTP). Data breaches have already revealed personal records, including activity logs, name, gender, age, email addresses, billing, professional, educational, contact, and location among others of several users of various dating apps and websites.

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Online Dating Application Market Report Highlights

• The subscription segment dominated the market in 2020 and is expected to retain the leading position throughout the forecast period. While several dating apps are offering various features for free, many others offer limited features for free usage and charge a certain amount for premium features
• The 18 - 25 years sub-segment is expected to register the second-largest CAGR of 5.8% over the forecast period. The growth of the segment can be attributed to the rising usage of smartphones and the internet among individuals of this age group
• The male segment dominated the market in 2020 and is expected to remain dominant over the forecast period. An article published by eHarmony claimed that men use dating apps more than women
• North America was the largest regional market in 2020. However, Asia Pacific is expected to grow at the highest CAGR of more than 6% over the forecast period
• The growth of the Asia Pacific regional market can be attributed to the continued rollout of high-speed data networks that is driving the number of internet users in the region. Almost 49% of the Asian population or around 2 billion people in Asia are internet users

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Online Dating Application Market Segmentation

Grand View Research has segmented the global online dating application market on the basis of revenue generation and region:

Online Dating Application Revenue Generation Outlook (Revenue, USD Million, 2016 - 2028)

• Subscription
  • Age
    • 18-25 years
    • 26-34 years
    • 35-50 years
    • Above 50 years
  • Gender
    • Male
    • Female
  • Type
    • Annually
    • Quarterly
    • Monthly
  • Advertisement

Online Dating Application Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Online Dating Application Market

• Tinder
• Bumble
• Plentyoffish
• OkCupid
• Badoo
• Grindr LLC
• eHarmony, Inc.
• Spark Networks, Inc.
• The Meet Group, Inc.
• com.au Pty Ltd.
• Spice of Life
• Zoosk, Inc.
• The League
• Coffee Meets Bagel

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.

Neodymium Market Predicted to Witness Steady Growth During the Forecast Period 2021-2028: Grand View Research Inc.

 Neodymium Market Growth & Trends

The global neodymium market size is expected to reach USD 3.39 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.3% from 2021 to 2028. The demand for electrical and electronic products is projected to assist the market growth over the long term.

Neodymium-based magnets are used in a variety of consumer and automotive electronic products. The products such as air conditioning inverters, washing machines and dryers, refrigerators, laptops, computers, and various loudspeakers require permanent magnets for their functioning. The emerging middle-class population is likely to drive the demand for these products, thus benefiting the growth of the market.

The healthcare sector is projected to offer new sales streams for the market vendors. MRI scanners and other medical equipment require neodymium materials for their implementation. This demand is likely to be led by Asia Pacific countries, such as China. Europe is projected to witness a decline in the share for the use of neodymium in the healthcare sector over the coming years.

The wind energy end-use segment is anticipated to register the fastest CAGR of 5.6% in terms of revenue from 2021 to 2028. Government and private investments to boost the renewable energy capacity installation are likely to remain a key growth factor for the segment. For instance, foreign direct investment for renewable energy in India has increased from USD 1.2 billion in 2017-18 to USD 1.44 billion in 2018-19.

Numerous companies and researchers are actively working on the development of recycling technologies for neodymium. Current costs are high and the infrastructure for the recycling of this critical material is under developing stages. Most of the rare earth elements including neodymium go to waste in dust and ferrous fractions. Since rare earth elements make up only a small percentage of the material in electronic waste, researchers need to look for economies of scale if recycling has to be done.

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Neodymium Market Report Highlights

• By application, the magnets segment held the largest volume share of over 65.0% in 2020. The demand for the segment is likely to be led by the automotive, wind energy, and electronics end-use industries
• In terms of end use, the automotive segment dominated the market with a revenue share of over 55.0% in 2020. The demand for permanent magnets in conventional and electric vehicles is contributing to the growth of the market. The increasing penetration of electric vehicles is projected to remain a key driver for the segment
• The wind energy end-use segment is anticipated to witness the fastest growth over the forecast period. Global focus towards renewable energies is projected to promote the expansion of the wind energy segment
• Asia Pacific held the largest revenue share in 2020 and is expected to witness the fastest growth over the forecast period. Increasing production of permanent magnets, coupled with the growing end-use industries in China, Japan, and India, is projected to assist the regional market growth over the forecast period

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Neodymium Market Segmentation

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

Neodymium Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Magnets
• Catalysts
• Ceramics &Glass
• Others

Neodymium End-use Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Automotive
• Electrical &Electronics
• Wind Energy
• Others

Neodymium Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Neodymium Market

• Arafura Resources Ltd.
• Lynas Rare Earths Ltd.
• Avalon
• Rainbow Rare Earths Limited
• METALL RARE EARTH LIMITED
• Hefa Rare Earth
• Greenland Minerals

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.

Africa Mining Chemicals Market Set to Surge Significantly During 2021-2028: Grand View Research Inc.

 Africa Mining Chemicals Market Growth & Trends

The Africa mining chemicals market size is expected to reach USD 960.97 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.6% from 2021 to 2028. Factors such as the rising demand for minerals, increasing mining activities, and water treatment are likely to fuel the market growth over the forecast period. The growing market for metals such as gold, copper, and phosphate is expected to contribute to the product demand over the coming years.

Innovation in the industry is likely to increase yield and reduce the environmental hazards of mining operations. Furthermore, the deteriorating quality of mineral reserves is likely to result in the development of new and advanced mineral processing methods, which is expected to drive the demand for chemicals, such as flocculants, frothers, grinding aids, and solvent extractants, over the coming years.

Raw materials such as uranium, sulfuric acid, lead, nitric acid, mercury, and cyanide are used in the manufacturing of mining chemicals. China is a major exporter of mercury to Sub-Saharan Africa, followed by Singapore, Switzerland, Turkey, India, Mexico, United Arab Emirates, and Ukraine. In the African continent, Morocco is a major producer of Mercury. However, due to the adverse effect of mercury on the environment and human health, mineral miners are moving themselves to support mercury-free gold extraction. Countries such as Burkina Faso and Kenya have participated to support mercury-free gold extraction programs led by the United Nations.

The African market for mining chemicals is characterized by the presence of numerous manufacturing giants and local players who constantly focus on upgrading their overall business portfolio right from product development to marketing. The product demand in Africa has increased significantly since the past decade with major shifts in the mining industry, coupled with the growing wastewater activities in the region. Many end-use application manufacturers have even formed alliances with the manufacturers to maintain consistency in their production processes and eliminate the risk of uncertainty in terms of product availability and sourcing.

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Africa Mining Chemicals Market Report Highlights

• By ore type, the powder gold segment is expected to expand at the fastest CAGR of 5.8% in terms of revenue over the forecast period. The growth is attributed to the increasing use of gold in different applications, including medicine, water treatment, printing paper, and making colors for painting
• In 2020, the explosives and drilling segment emerged as the dominant application segment and accounted for a revenue share of more than 35.0% because drilling and explosions are major operations used in opencast mining
• Ivory Coast is projected to register the fastest CAGR in terms of volume from 2021 to 2028. This growth is attributed to the growing gold mining activities in the country
• The African market for mining chemicals is highly competitive due to the presence of a large number of multinationals that are engaged in constant research & development activities and local players
• Some of the key local players are involved in enhancing their market presence in Africa through signing an agreement with distributors

Access Press Release@ https://www.grandviewresearch.com/press-release/africa-mining-chemicals-market-analysis

Africa Mining Chemicals Market Segmentation

Grand View Research has segmented the Africa mining chemicals market report based on the ore type, application, and country:

Africa Mining Chemicals Ore Type Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Powder Gold
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust Suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Iron Ore
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust Suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Copper
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust Suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Phosphate
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust Suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Others
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust Suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others

Africa Mining Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Mineral Processing
• Explosives & Drilling
• Water Treatment
• Others

Africa Mining Chemicals Country Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• South Africa
• Ghana
• Morocco
• DRC
• Zambia
• Zimbabwe
• Tanzania
• Mali
• Ivory Coast
• Sudan

List of Key Players of Africa Mining Chemicals Market

• Akzo Nobel N.V.
• BASF SE
• DOW
• Sasol
• Cytec Solvay
• Clariant
• Shell Chemicals
• AECI Mining Chemical

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. Mass Notification Systems Market Precise Analysis on Business Overview, Product Scope And Ongoing Development 2028

 U.S. Mass Notification Systems Market Growth & Trends

The U.S. mass notification systems market size is estimated to reach USD 4.43 billion by 2028, expanding at a CAGR of 14.1% from 2021 to 2028, according to a new study by Grand View Research, Inc. The increasing adoption of technology by educational institutions could contribute to the growth of the Mass Notification System (MNS) market in the U.S. The lack of regulations concerning mass notification systems is expected to hinder the market growth over the forecast period.

The strong emphasis of government agencies and organizations on ensuring public security and safety, data security, and privacy is expected to drive the growth of the market over the forecast period. Market vendors are also focusing on developing innovative solutions to address public safety issues. For instance, in September 2016, Regroup Mass Notification, a mass notification technology provider, partnered with CivicPlus, a leading software provider, to enhance the CivicReady emergency and mass notification solution to provide reliable, quick, and secure mass communication systems during unprecedented situations.

The COVID-19 pandemic is expected to accelerate the digital transformation initiatives of businesses worldwide, as they are forced to face their vulnerabilities and weaknesses. The pandemic compelled organizations across several industries to temporarily stall spending on new automation initiatives. However, this spending is expected to slowly gain momentum from 2021 onward.

Product differentiation and the launch of new products are anticipated to help market players grow. In November 2019, OnSolve announced the launch of Send Word Now Weather & Events, a new severe weather, and civil emergency events notification system. The system was designed to allow international companies to automate the provision of real-time location notifications to their employees about severe weather and civil emergencies. In September 2019, OnSolve introduced EventStream, which allows organizations to manage the entire scope of connectivity crises such as cyber-strike, supply chain disruption, severe weather, and IT problems.

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U.S. Mass Notification Systems Market Report Highlights

• The software segment is expected to gain traction over the forecast period. The increasing adoption of Artificial Intelligence (AI) and cloud-based services for notification systems is expected to boost the demand for associated software
• The SME segment is anticipated to register considerable growth over the forecast period in the organization size segment. Benefits such as easy deployment and simple interfaces are driving the demand for a mass notification system among SMEs
• In terms of deployment, the cloud segment is anticipated to register the highest growth rate over the forecast period. The key growth factor is, it helps in increasing flexibility and enable enterprises to customize products and services on a large scale
• In terms of application, the integrated public alert and warning segment is expected to register considerable growth over the forecast period. The application has increased its demand due to its improved skills to draft more appropriate, practical, accessible alert and warning messages and create awareness
• In terms of vertical, the healthcare and life sciences segment is projected to gain traction over the forecast period. The involvement of mass notification systems in different form and functions such as the multi-channel feature that guarantee that the messages and alerts are delivered across several platforms and devices with the use of analytics
• In terms of solution, the distributed recipient solution segment is anticipated to register the highest CAGR from 2021 to 2028. The growth can be attributed to the benefits, such as it gives comprehensible voice communications and visible signals at a greater range

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U.S. Mass Notification Systems Market Segmentation

Grand View Research has segmented the U.S. mass notification system market based on component, organization size, solution, deployment, application, and vertical:

U.S. Mass Notification System Component Outlook (Revenue, USD Million, 2018 - 2028)

• Hardware
• Software
• Services

U.S. Mass Notification System Organization Size Outlook (Revenue, USD Million, 2018 - 2028)

• Small & Medium Enterprise (SME)
• Large Enterprise

U.S. Mass Notification System Solution Outlook (Revenue, USD Million, 2018 - 2028)

• Wide-area Solution
• In-building Solution
• Distributed Recipient Solutions

U.S. Mass Notification System Deployment Outlook (Revenue, USD Million, 2018 - 2028)

• Cloud
• On-premise

U.S. Mass Notification System Application Outlook (Revenue, USD Million, 2018 - 2028)

• Integrated Public Alert & Warning
• Interoperable Emergency Communication
• Business Continuity & Disaster Recovery

U.S. Mass Notification System Vertical Outlook (Revenue, USD Million, 2018 - 2028)

• Corporate
• Education
• Energy & Utilities
• Healthcare & Life Sciences
• Aerospace & Defense
• Government
• Others

List of Key Players in the U.S. Mass Notification Systems Market

• Blackberry Ltd.
• Eaton
• Honeywell International Inc.
• Motorola Solutions Inc.
• OnSolve
• Blackboard Inc.
• Everbridge Inc.
• Desktop Alert Inc.
• Singlewire Software LLC
• HipLink

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. Demand for Ketones Market to Incur Considerable Upsurge During 2021– 2028: Grand View Research Inc.

 U.S. Ketones Market Growth & Trends

The U.S. ketones market size is estimated to reach USD 2.71 billion by 2028, registering a CAGR of 5.0% over the forecast period, according to a new report by Grand View Research, Inc. The growth can be attributed to the growing consumption of convenience food and rising health consciousness among consumers.

In addition, the presence of a large number of restaurants and eateries in the country providing ketone-based food & beverages is expected to have a positive impact on the market growth. Ketones are manufactured using organisms, the most common method to produce the product involves oxidation of hydrocarbon with air. Some other methods of production include geminal halide hydrolysis, oxidation of amines with iron chloride, decarboxylation of carboxylic anhydride, and others.

Key players focus on new product launches coupled with mergers & acquisitions. Multinational companies like BASF SE have a strong presence throughout the value chain. The U.S.-based e-commerce platform named Sephora USA, Inc. saw an increase in revenue by 30% and it is expected to increase over the forecast period due to the popular trend of online shopping due to convenience and affordable product prices.

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U.S. Ketones Market Report Highlights

• Pharmaceuticals was the leading application segment in 2020 and is expected to grow at the fastest CAGR over the forecast years as acetone and methyl isobutyl ketone are used as solvents and as excipients in manufacturing a variety of drugs
• The cosmetics & personal care segment is estimated to account for the second-largest revenue share by 2028 as ketone is used in nail polish, nail polish removers, perfumes, skin & hair care products, soaps, and other products
• The food & beverages segment is anticipated to grow at the fastest CAGR of 5.7%, in terms of revenue, during the forecast years owing to the rising product usage as a flavoring agent in foods and as an indirect food adhesive in food packagingmaterials
• Ketones are also used as vapor degreasing solvents to manufacture various end-user products, such as tires, paints and coatings, varnishes, insecticides, and many others

Access Press Release@ https://www.grandviewresearch.com/press-release/us-ketones-market-analysis

U.S. Ketones Market Segmentation

Grand View Research has segmented the U.S. ketones market on the basis of application:

U.S. Ketones Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Cosmetics & Personal Care
• Food & Beverages
• Pharmaceuticals
• Adhesives
• Chemical Manufacturing
• Electroplating
• Others (Paint, Rubber, Printing, and Pesticides)

List of Key Players of U.S. Ketones Market

• BASF SE
• Ineos
• KetoLogic
• Perfect Keto
• KetoneAid
• Sapien Products LLC
• Boli LLC
• Ketōnd LLC
• Zenwise
• Limitless Venture Group, 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.