Digestive Health Supplements Market Will Be Worth USD 15.67 Billion by 2025: Grand View Research Inc.

 The global digestive health supplements market size is projected to reach USD 15.67 billion by 2025, expanding at a CAGR of 8.8% during the forecast period, according to a new report by Grand View Research, Inc. Rising awareness about the effectiveness of probiotics on immunity coupled with increasing consumer disposable income is expected to fuel the growth. Changing eating habits and increased consumption of high-sodium foods are likely to contribute to the prevalence of gastrointestinal disorders in the developed, as well as emerging economies, which is anticipated to further boost the product sales.

Growing health awareness has resulted in increasing per capita expenditure on digestive health supplements in the developed markets. High prevalence of digestive disorders in Japan, U.S., and several European countries has boosted the overall demand for digestive health supplements in recent years. Asia Pacific is expected to expand at the highest CAGR of 8.7% over the forecast period. Increasing geriatric population coupled with high demand for digestive health products is expected to fuel the regional market over the forecast period.

Awareness regarding the harmful chemicals coupled with rising preference for organic ingredients is anticipated to drive the demand for powdered supplements over tablets, capsules, and other such product types. Hence, manufacturers are focus on producing powders that can be added to any drink or smoothie for easy consumption. This factor is anticipated to create growth opportunities for the manufacturers in near future.

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https://www.grandviewresearch.com/industry-analysis/digestive-health-supplements-market

Further key findings from the report suggest:

• High prevalence of probiotic supplements in the form of tablets on account of easy dosage patterns is expected to drive the segment at a CAGR of 9.2% over the forecast period
• Rising consumer willingness to pay premium price for supplements that contain prebiotic ingredients is projected to surge the demand of prebiotic supplements in the forthcoming years
• Italy, Japan, and U.S. remained the key probiotic supplement manufacturing countries and contributed to more than 32% of the overall market share in 2018
• Europe digestive health supplements market is anticipated to expand at a CAGR of 7.0% owing to the growing technological innovation offering new opportunities for the manufacturers
• Government initiatives in healthcare infrastructure development along with favorable policies are anticipated to positively impact the preference for OTC digestive health supplements over the forecast period
• Key market participants include Bayer, Amway, NBTY and NOW Foods among others

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Grand View Research has segmented the global digestive health supplements market on the basis of product, form, distribution channel, and region:

Digestive Health Supplements Product Outlook (Revenue, USD Million, 2014 - 2025)

• Prebiotics
• Probiotics
• Enzymes
• Fulvic Acid
• Others

Digestive Health Supplements Form Outlook (Revenue, USD Million, 2014 - 2025)

• Capsules
• Tablets
• Powders
• Liquids
• Others

Digestive Health Supplements Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)

• OTC
  • Supermarkets/ Hypermarkets/Food Stores
  • Drug Stores & Pharmacies
  • Convenience Stores
  • Online
  • Others
• Prescribed

Digestive Health Supplements Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Italy
  • Germany
  • UK.
  • France
  • Spain
  • Sweden
  • Netherlands
  • Denmark
• Asia Pacific
  • China
  • India
  • Japan
  • Hong Kong
  • Singapore
  • Australia & New Zealand
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa
  • UAE

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 ICT Investment In Government to Reflect Steadfast Expansion During 2018-2025: Grand View Research Inc.

 The global ICT investment in government market size is expected to reach USD 654.73 billion by 2025, according to a new report by Grand View Research, Inc. The need to bridge the infrastructure and technological gap is expected to drive the ICT investments in the government sector.

Government spending in the ICT sector has gained momentum in several countries including China, India, Brazil, and Japan, whose central governments are encouraging investments from foreign companies. The adoption of ICT services has continued to witness tremendous growth owing to the increased business activities in the Asia Pacific and Middle Eastern regions, along with the growing investment flows, national infrastructure build-out, and government service footprint expansions.

The e-governance initiatives undertaken by the Indian government to simplify digital channels are driving investments in the ICT sector. The Digital India initiative is enabling the government to process integrated and streamlined data repositories. The government of New Zealand has bestowed the Chief Information Officer (CIO) with the responsibility of leading the ICT industry by enabling integrated digital service delivery, offering system-wide assurance, and delivering sustainable business savings of USD 100 million per year by 2017.

The felicitous usage of information aids governments in making appropriate connections with the industry and helps agencies to solve problems and identify new growth opportunities for innovations. Governments use data standards for increasing interoperability and improving analytical capabilities for the entire public sector. In the wake of increasing privacy and security concerns, governments collaborate with other jurisdictions to effectively manage cybersecurity. They work closely with the ICT sector to seek expert advice, evaluate their plans, and achieve better value for money.

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http://www.grandviewresearch.com/industry-analysis/ict-investment-in-government-market

Further key findings from the report suggest:

• The spending on software is expected to witness a substantial rise as organizations are embracing digital business strategies for outcome-based solutions and technological innovations
• The growing transparency in the bundling of mobile services and pricing along with the increasing service provider consolidation is leading to slower spending in the communication services segment
• The cloud computing segment is anticipated to account for over 10% of the overall investments by 2025 as government agencies are moving toward ramping up their investments in the cloud technology to bridge the infrastructure gap
• The Asia Pacific region is expected to be the fastest-growing region in terms of investments in the ICT sector; this growth can be attributed to the increasing collaboration between telecom service providers, solution providers, and device suppliers
• The need to develop an economy beyond the oil & gas industry has led to significant industrial refocusing along with the adoption of IoT and deepening smart city initiatives in the MEA region

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Grand View Research has segmented the global ICT investment in government market study based on solution, technology, and region:

ICT Investment in Government Solution Outlook (Revenue, USD Billion; 2014 - 2025)

• Devices
• Software
• IT services
• Data center systems
• Communication services

ICT Investment in Government Technology Outlook (Revenue, USD Billion; 2014 - 2025)

• IoT
• Big data
• Cloud computing
• Content management
• Security

ICT Investment in Government Regional Outlook (Revenue, USD Billion; 2014 - 2025)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
• South America
  • Brazil
• The Middle East and Africa

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.

Soy And Dairy Protein Ingredients Market is Estimated To Reach A Valuation of USD 51.9 Billion by 2030: Grand View Research Inc.

 Soy And Dairy Protein Ingredients Market Growth & Trends

The global soy and dairy protein ingredients market size is expected to reach USD 51.9 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. Factors such as growing healthcare awareness and shifting consumer preference towards protein consumption are boosting the demand for market.

The hectic lifestyles of consumers and growing cases of poor metabolic health are boosting the demand for soy and dairy protein ingredients. The growing applications of soy and dairy protein and its perceived health benefits are acting as an opportunity for manufacturers to explore these ingredients. Furthermore, the rise of the vegan population is supporting the market's growth.

Factors such as ease of use and rising consumer demand for clean-label ingredients are driving the demand for the overall market. Consumers can easily incorporate whey and soy protein into pasta, yogurt, smoothies, and baked goods to increase their protein consumption per day. Soy and dairy proteins are often used as functional ingredients in food products.

Advancements in processing technology have supported manufacturers to alter the functional properties of these proteins, making them ideal for a wide range of applications. For example, soy protein can be modified to have a better water-binding capacity, which can improve the texture of meat alternatives. Similarly, dairy proteins can be modified to have different emulsifying and gelling properties, making them useful in a variety of food applications.

Consumers are increasingly looking out for plant-based products that mimic the taste and texture of meat. As a result, there has been a focus on improving the taste and texture of soy and dairy protein-based products, such as plant-based meats and cheeses. This has led to the development of new processing methods and ingredients, such as plant-based fats and fibers.

The soy and dairy protein industry has also made strides in sustainability. For example, some companies are using regenerative agriculture practices to reduce the environmental impact of soy production. Regenerative agriculture is a farming system that focuses on improving soil health and biodiversity, which can help sequester carbon and reduce greenhouse gas emissions. Additionally, there is a growing trend toward upcycling food waste to create new protein ingredients.

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Soy And Dairy Protein Ingredients Market Report Highlights

• The food and beverage segment held the largest market share in 2022 owing to rising applications of soy and dairy protein in the market
• The soy protein hydrolysate as the oyster segment with the highest revenue share in 2022 owing to rising demand for plant-based foods
• Personal care and cosmetics in the application segment is expected to expand at a significant CAGR of 5.9% from 2022 - 2030. The growth can be attributed to rising consumer demand for organic products
• Asia Pacific is estimated to grow significantly over the forecast period owing to the growing demand for healthy foods in the region.

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Soy And Dairy Protein Ingredients Market Segmentation

Grand View Research has segmented the global soy and dairy protein ingredients market based on dairy protein, soy protein, application, and region:

Soy And Dairy Protein Ingredients Dairy Protein Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Milk Protein Concentrates/Isolates
• Whey Protein Concentrates
• Whey Protein Isolates
• Casein

Soy And Dairy Protein Ingredients Soy Protein Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Soy Protein Concentrates
• Soy Protein Isolates
• Soy Protein Hydrolysates
• Others

Soy And Dairy Protein Ingredients Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Foods & Beverages
• Infant Formulations
• Personal Care & Cosmetics
• Animal Feed

Soy And Dairy Protein Ingredients Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Soy And Dairy Protein Ingredients Market

• DuPont Solae
• ADM
• Cargill, Incorporated
• Bunge
• Mead Johnson
• Scoular
• Danone
• Arla Foods amba
• CHS
• High Liner Foods

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.

Mushroom Market Outlook, Leading Manufacturers, Industry Analysis And Forecast: Grand View Research Inc.

 Mushroom Market Growth & Trends

The global mushroom market size is expected to reach USD 115.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.7% over the forecast period. Increasing adoption of vegan diets across the developed economies on account of growing consumer concerns towards animal welfare and the environment is likely to have a positive impact on industry growth. Rising consumer preferences for natural ingredient-based food and cosmetic products around the globe owing to growing awareness regarding the side effects of their synthetic counterparts are expected to drive demand for mushrooms.

Furthermore, mushrooms are rich sources of vitamins, antioxidants, essential oils, proteins, and other bioactive compounds leading to their increasing demand from pharmaceutical applications. Mushroom manufacturers have started focusing adoption of sustainable production processes to attract an environment-conscious customer base and improve brand position. For instance, Bonduelle Group, a France-based mushroom producer, focuses on Agroecology, wherein the company uses natural fertilizers and use renewable energy sources to produce mushrooms. In addition, the company has also started using cardboard boxes by replacing plastic packaging for its canned products starting November 2020.

The manufacturers are using mergers and acquisitions and partnership agreement strategies to expand the production capacity and increase their geographical presence. For instance, in April 2019, Greenyard signed an agreement with Carrefour Belgium, a retail group, for the supply of the former’s assortment of fresh fruits and vegetables. The agreement was intended to strengthen the commercial relationship of both companies and to expand the clientele base for Greenyard.

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Mushroom Market Report Highlights

• By product, the button type emerged as the dominant product segment and accounted for 61.8% of the total volume share in 2021. Wide-scale production, high shelf appeal, low price, and high nutritional value of the product are the factors that mainly attributed to segment growth
• The fresh mushrooms segment led the market in terms of volume as compared to the processed segment. The fresh segment is likely to witness a CAGR of 8.8% in terms of revenue over the forecast period owing to the higher preference of households and foodservice providers for fresh mushrooms to prepare meals and other exotic food products
• The supermarkets and hypermarkets segment dominated the market and accounted for a revenue share of 38.3% in 2021 owing to the high penetration in the developed markets in North America and Europe as well as growing penetration in the developing economies
• The food application segment held the largest revenue share of 86.8% in 2021. The segment is expected to witness substantial growth on account of growing consumer demand for packaged healthy food products
• Asia Pacific dominated the market in terms of production and consumption. The increasing vegan population in countries like China, India, and Japan is expected to have a positive impact on industry growth
• Growing demand for meat substitutes is likely to increase the demand for mushrooms. For instance, Germany-based food startup Walding has developed chicken alternatives using Laetiporus mushroom also known as chicken of the woods. The introduction of such innovative products is anticipated to open newer avenues to producers of mushrooms in the coming years

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

Mushroom Market Segmentation

Grand View Research has segmented the global mushroom market on the basis of product, form, distribution channel, application, and region:

Mushroom Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Button
• Shiitake
• Oyster
• Matsutake
• Truffles
• Other

Mushroom Form Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Fresh
• Processed

Mushroom Distribution Channel Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Direct to Customer
• Grocery Stores
• Supermarkets & Hypermarkets
• Convenience Stores
• Online Stores

Mushroom Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Food
• Pharmaceutical
• Cosmetics

Mushroom Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

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

 List of Key Players of Mushroom Market

• Bonduelle Group
• Costa Group
• CMP Mushroom
• Drinkwater Mushrooms
• Greenyard
• Monaghan Group
• Monterey Mushroom, Inc
• OKECHAMP S.A
• Shanghai Fengke Biological Technology Co., Ltd
• The Mushroom Company

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.

Medical Polymer Market Key Players ,Industry Share ,Growth, And Forecast To 2030: Grand View Research Inc.

 Medical Polymer Market Growth & Trends

The global medical polymer market size is expected to reach USD 36.77 billion by 2030, registering a CAGR of 8.0%, according to a new report by Grand View Research, Inc. The industry is expected to register growth due to the high adoption of polymers in implants on account of their chemical inertness and superior fatigue resistance. The demand for medical device packaging is likely to be driven by the rise in the demand for in-house and advanced medical devices.

In addition, a high level of consumer expenditure on healthcare, primarily in the U.S., China, and Germany, is expected to drive the application segment in the forthcoming years. Moreover, rising positive coronavirus cases across the globe are positively influencing the demand for medical devices, thereby propelling the demand for medical polymers.

Raw materials used for medical polymers include ethylene, propylene, caprolactam, corn starch, and silica stone (SiO2). Silica stone is the most significant component found in the Earth's crust and is derived from sand mining and the purification of quartz. It is used in the production of silicone elastomers, which are widely used in the medical industry. Corn starch is used in the production of biodegradable polymers such as polylactic acid (PLA) and polyhydroxyalkanoates (PHA).

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Medical Polymer Market Report Highlights

• In terms of revenue, medical components application accounted for a market share in 2022 and is further expected to witness prominent growth over the forecast period.
• Medical Components dominated the market and accounted for more than 40.0% of the revenue share in 2022 owing to the lightweight, high bacterial, and chemical resistance properties provided by the polymers
• As of 2022, North America accounted for more than 42.0% revenue share in the overall market due to increasing per capita healthcare spending in the form of health insurance in the U.S and the rapid growth of pharmaceutical industries in Mexico and Canada
• Major players are continuously working on expanding manufacturing capabilities with the rise in demand from the medical industry. In July 2021, Celanese Corporation announced the expansion of its Florence, Kentucky research and development center with the addition of a pharmaceutical drug delivery feasibility lab

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

Medical Polymer Market Segmentation

Grand View Research has segmented the global medical polymer market report based on, product, application, and region:

Medical Polymer Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Fibers & Resins
• Medical Elastomers
• Biodegradable Polymers
  • Polylactic Acid (PLA)
  • Polyhydroxyalkanoate (PHA)
• Others

Medical Polymer Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Medical Device Packaging
• Medical Components
• Orthopedic Soft Goods
• Wound Care
• Cleanroom Supplies
• BioPharm Devices
• Mobility Aids
• Sterilization & Infection Prevention
• Tooth Implants
• Denture-based Materials
• Other Implants
• Others

Medical Polymer Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Medical Polymer Market

• BASF SE
• NatureWorks LLC
• Covestro AG
• Celanese Corporation
• Eastman Chemical Corporation
• Evonik Industries AG
• Dow Inc.
• Exxon Mobil Corporation
• Arkema
• Koninklijke DSM NV
• Formosa Plastics Corporation
• Foryou Medical
• KRATON CORPORATION
• SABIC
• Trinseo S.A.

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.

Transformer Oil Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

 Transformer Oil Market Growth & Trends

The global transformer oil market size is expected to reach USD 5.4 billion by 2030, as per the new report by Grand View Research, Inc., expanding at a CAGR of 12.5% from 2023 to 2030. The growth is driven by the high utilization of transformer oil in the power generation sector along with an increase in demand for electric grids in emerging economies.

The growth is fueled by the power generation industry's rapid expansion to fulfill the expanding demand for electricity. One of the key factors driving an increase in transformer installation is the need for more electricity, which is expected to drive up the demand for transformer oil globally and accelerate the growth of the product over the forecast period.

Recent market expansion is driven by technological development and rising R&D activities by key industry players. For instance, Cargill received an award from U.S. Environmental Protection Agency, for developing transformer oil through natural esters. Market players are also focusing on manufacturing bio-based products to dominate the market.

The Covid-19 outbreak had affected the producers of specialty chemicals. Key industry participants were impacted by the decline in crude oil prices to attain lower raw material costs. However, because of the supply chain breakdown, manufacturers were having issues with logistics and purchasing, which, in turn, impacted the market growth significantly.

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Transformer Oil Market Report Highlights

• By product, bio-based oils are expected to register the fastest growth rate of 14.7% over the forecast period in terms of revenue due to growing regulations that are focused on reducing carbon emissions and increasing energy conservation
• By application, small-scale transformers are expected to register the fastest growth rate of 13.2% in terms of revenue over the forecast period as these systems are highly used to meet rising electricity needs in small areas or rural areas with limited space
• Asia Pacific is expected to register the fastest growth rate of 14.8% in terms of revenue over the forecast period owing to rapid industrialization in rural areas and investments by foreign bodies in the developing economies
• There is a significant demand for silicone-based oils because of their capacity to extinguish themselves, making them acceptable for high-risk areas with possible fire threats. Due to their durability and lack of major maintenance requirements, silicones also contribute to longer transformer life
• In developing countries, the replacement of outdated transformers with new ones and technological advancements are anticipated to create numerous attractive job opportunities
• The U.S. Environmental Protection Agency, the Electricity & Cogeneration Regulatory Authority, and other federal agencies have adopted strict restrictions surrounding energy waste, and this has fueled demand for oil to reduce emissions and electricity waste

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Transformer Oil Market Segmentation

Grand View Research has segmented the global transformer oil market on the basis of product, application, and region:

Transformer Oil Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Mineral-based Oils
  • Naphthenic Base Oils
  • Paraffinic Base Oils
• Silicone-based Oils
• Bio-based Oils

Transformer Oil Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Small-scale Transformers
• Large-scale Transformers
• Utilities
• Others

Transformer Oil Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Transformer Oil Market

• Sinopec Lubricant Company
• Valvoline
• Cargill Inc.
• Nynas AB
• Ergon International Inc.
• PetroChina Lubricant Company
• Calumet Specialty Products
• Apar Industries Ltd.
• Engen Petroleum Ltd.
• Hydrodec Group Plc.

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.

Waterborne Coatings Market is Expected to Enhance USD 89.35 Billion Revenue By 2030: Grand View Research Inc.

 Waterborne Coatings Market Growth & Trends

The global waterborne coatings market size is expected to reach USD 89.35 billion by 2030, registering a CAGR of 5.6% over the forecast period, as per the new report by Grand View Research, Inc. The growth is attributed to the rapid increase in construction activities across the globe. In addition, the growing demand for automobiles is also a major factor influencing product demand. Rapid urbanization is considered a key factor responsible for the growth of the market. Rising migration to tier-2 and tier-1 cities are creating lucrative growth opportunities for the construction and automobile industries globally. Increasing utilization of waterborne coatings in such applications is likely to propel the market growth over the foreseeable future. The architectural application segment is expected to have high penetration due to increasing construction & infrastructure activities in Asia Pacific and the Middle East.

Increasing application scope in the architectural industry, such as interior & exterior walls, doors, trims, and facades, is expected to further drive the industry. Stringent government rules restricting Volatile Organic Compound (VOC) emissions and solvent content are also among the key factors boosting the demand for waterborne coatings in the architectural industry. High demand for acrylic waterborne coatings in automotive and infrastructure on account of properties, such as gloss and color retention in external exposure,will support market growth over the forecast years. Acrylic modified Polyurethane (PU) coatings are excessively consumed in automotive finishing owing to excellent exterior durability. PU coatings are widely used owing to intrinsic properties, such as abrasion resistance, toughness, and chemical & weather resistance.

Polyurethane coatings are commercially available in oil modified, two components, moisture curing, and lacquers forms. Increasing PU coating demand in various end-use industries including electrical coils and automotive manufacturing is expected to positively influence market growth. The COVID-19 pandemic resulted in a sharp decline in the waterborne coatings revenue due to the shutdown of the industry for over six months. In addition, the pandemic slowed-down the industrial activities globally on the account of prolonged lockdowns across all continents. This has negatively impacted the industry growth, as a result, the market witnessed a slump in revenue in the year 2020.

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Waterborne Coatings Market Report Highlights

• Acrylic resin type will register the fastest growth rate from 2023 to 2030 owing to high product demand in automobile and infrastructure applications
• PU will be the second-fastest-growing resin type from 2023 to 2030 due to the wide product usage in automobile application
• The architectural application will register the highest CAGR from 2023 to 2030 due to the growing infrastructural activities across the globe
• Automotive OEM is likely to record the second-fastest CAGR from 2023 to 2030 owing to the product demand in automotive and related applications across the globe
• Asia Pacific will witness the highest CAGR from 2023 to 2030 due to the growing infrastructural and architectural activities as a result of the rising population
• The industry is highly competitive due to the presence of a large number of manufacturing companies

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

Waterborne Coatings Market Segmentation

Grand View Research has segmented the global waterborne coatings market on the basis of resin, application, and region:

Waterborne Coatings Resin Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Acrylic
• Polyurethane (PU)
• Epoxy
• Alkyd
• Polyester
• Polytetrafluoroethylene (PTFE)
• Polyvinylidene Chloride (PVDC)
• Polyvinylidene Fluoride (PVDF)
• Others

Waterborne Coatings Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Architectural
• General Industrial
• Automotive OEM
• Metal Packaging
• Protective Coatings
• Automotive Refinish
• Industrial Wood
• Marine
• Coil
• Others

Waterborne Coatings Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Waterborne Coatings Market

• AkzoNobel NV
• BASF SE
• Axalta Coating Systems LLC
• Berger Paints India Ltd.
• Kansai Paint Co.,
• Nippon Paint Holdings Company Ltd.
• PPG Industries Inc.
• RPM International Inc.
• The Sherwin-Williams Company
• The Valspar Corp.
• Tikkurila Oyj

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.

Satellite Communication Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Satellite Communication Market Growth & Trends

The global satellite communication market size is projected to reach USD 159.6 billion in 2030, registering a CAGR of 9.5% from 2022 to 2030, as per a new report by Grand View Research, Inc. The rising proliferation of small satellites for tactical communication, geospace & atmospheric research, and medium resolution imagery in military & defense applications has propelled the growth of the market. The increasing demand for satellite communication (Satcom) solutions from the aviation industry to improve airline operations and air traffic management is anticipated to boost market expansion during the forecast period.

It is anticipated that the advent of the 5G network and several scheduled Medium Earth Orbit (MEO) and Low Earth Orbit (LEO) satellite launches would propel the expansion of the Satcom market at a rapid pace. Additionally, the evolution of satellite communication in the connectivity sector has prompted Satcom operators to offer the global deployment of Internet of Things (IoT) solutions. More than 2.7 million devices are currently supported by satellites, including those used for aviation, infrastructure, trade, environmental monitoring, and military support.

Satcom providers have changed their business models in recent years to focus on providing high bandwidth satellite transponders with higher transponder throughput and lower prices. An incoming signal is identified and automatically responded to by a satcom transponder, a wireless communication, monitoring, and control device. Factors such as the increase in consumer broadband demand, corporate enterprise network need, and the expansion of Ka-band and Ku-band services are anticipated to drive the growth of the satellite transponder segment. Additionally, the overall demand has significantly increased due to recent space development missions by many space organizations, including China National Space Administration (China) and Indian Space Research Organization (India).

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Satellite Communication Market Report Highlights

• The global need for enhanced data communication is fueling the expansion of the market for satellite communication
• The equipment category is anticipated to register the fastest CAGR of 10.2% owing to several advantages, including integrating targets, tracking movements, and discovering hidden tunnels
• Due to the widespread use of satellite TV services in 2021, the broadcasting sector held the largest market share
• The government & defense sector is predicted to witness the fastest CAGR of over 11% throughout the projection period since satellite communications are ideal for use in military activities across the globe
• North America held the largest revenue share, followed by Europe. The region's increasing passenger traffic for marine and coastal tourism and the presence of a significant number of industry players are expected to contribute to this growth
• EchoStar Corporation, Intelsat, L3 Technologies, Inc., SES S.A, Telesat, and Viasat, Inc. are some key players operating in the market

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

Satellite Communication Market Segmentation

Grand View Research has segmented the global satellite communication market based on component, application, vertical, and region:

Satellite Communication Component Outlook (Revenue, USD Million, 2017 - 2030)

• Equipment
  • Satcom Transmitter/Transponder
  • Satcom Antenna
  • Satcom Transceiver
  • Satcom Receiver
  • Satcom Modem/Router
  • Others
• Services

Satellite Communication Application Outlook (Revenue, USD Million, 2017 - 2030)

• Asset Tracking/Monitoring
• Airtime
  • M2M
  • Voice
  • Data
• Drones Connectivity
• Data Backup And Recovery
• Navigation And Monitoring
• Tele-medicine
• Broadcasting
• Others

Satellite Communication Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• Energy & Utility
• Government & Defense
  • Government (Civil Uses)
  • Emergency Responders
  • Defense
• Transport & Cargo
  • Fleet Management
  • Rail services
• Maritime
• Mining And Oil & Gas
  • Oil & Gas
  • Mining
• Agriculture
• Communication Companies
• Corporates/Enterprises
• Media & Broadcasting
• Others

Satellite Communication Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Satellite Communication Market

• SES S.A
• Viasat, Inc.
• Intelsat
• Telesat
• EchoStar Corporation
• L3 Technologies, Inc.
• Thuraya Telecommunications Company
• SKY Perfect JSAT Group
• GILAT SATELLITE NETWORKS
• Cobham Limited

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.

Water Heater Market Expected to Witness a Sustainable Growth over 2030: Grand View Research Inc.

 Water Heater Market Growth & Trends

The global water heater market size is anticipated to reach USD 40.09 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.5% from 2022 to 2030. The market is primarily driven by increasing hot water demand from various residential applications, including cleaning, and cooking, which is anticipated to augment the industry growth during the forecast period. Rising consumer demand and favorable government policies are driving the trend toward energy efficiency. Energy and environmental regulations are increasingly influencing the adoption of energy-efficient appliances, which is expected to augment the demand for energy-efficient and smart water heating solutions over the coming years.

Increasing construction spending coupled with rising government investments in public infrastructures in the developing economies of the Asia Pacific and Middle East & Africa, on account of economic and industrial development, coupled with population growth, is expected to positively impact the demand for these products during the forecast period. Favorable measure to enhance the air quality along with rising awareness regarding the adoption of renewable solutions is expected to augment the demand for solar products. Furthermore, the increasing emphasis of major industry competitors on product aesthetics and design, along with continued industry competition, is expected to fuel industry expansion.

Regulations such as the National Appliance Energy Conservation Act (NAECA) set minimum standards for water heaters in the U.S. Thus, such regulations, coupled with initiatives such as LEED certification and net-zero buildings, are expected to boost the adoption of energy-efficient solutions, thereby, positively impacting the overall industry growth. Key market players are undertaking strategic collaborations, product developments, new product launches, and expansions as sustainable strategies and cater to the changing technological requirements of the application industries The technological partnerships to innovate product lines enhance their customer base.

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Water Heater Market Report Highlights

• Electric led the market and accounted for 51.2% of the revenue share in 2022 owing to the improving electrification rate coupled with increasing accessibility at the consumer end
• Storage led the industry and accounted for 54.8% share of the global revenue in 2022 owing to the high energy conversion potential and low maintenance requirement of the product
• The demand for this product with a capacity above 400 liters witnessed a CAGR of 5.2% during the forecast period which is attributed to the rising demand across various industrial applications in stand-alone or in combination with heat exchangers
• The Asia Pacific dominated the market and accounted for 37.1% share, in terms of revenue, in 2022 on account of various factors such as low inflation rate, healthy manufacturing output, and balanced vaccine rollout
• In January 2021, Bradford White Corporation acquired Keltech’s line of the tankless electric segment, with the intention to expand its portfolio of commercial and industrial products

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

Water Heater Market Segmentation

Grand View Research has segmented the global water heater market based on product, technology, capacity, application, and region:

Water Heater Product Outlook (Revenue, USD Million; 2018 - 2030)

• Electric
• Solar
• Gas

Water Heater Technology Outlook (Revenue, USD Million; 2018 - 2030)

• Tankless
• Storage
• Hybrid

Water Heater Capacity Outlook (Revenue, USD Million; 2018 - 2030)

• Below 30 Liters
• 30 - 100 Liters
• 100 - 250 Liters
• 250 - 400 Liters
• Above 400 Liters

Water Heater Application Outlook (Revenue, USD Million; 2018 - 2030)

• Residential
• Commercial
• Industrial

Water Heater Regional Outlook (Revenue, USD Million; 2018 - 2030)

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

List Of Key Players Of Water Heater Market

• O. Smith
• Robert Bosch LLC
• Ariston Thermo SpA
• Rheem Manufacturing Company
• Rinnai Corporation
• Bradford White Corporation
• NORITZ Corporation
• Whirlpool Corporation
• Westinghouse Electric Corporation
• Bajaj Electricals Ltd
• Haier Inc.
• Havells India Ltd
• Lennox International Inc.
• FERROLI S.p.A
• Kenmore

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.

Additive Manufacturing Market Competitive Insight and Key Drivers 2022 to 2030: Grand View Research Inc.

 Additive Manufacturing Market Growth & Trends

The global additive manufacturing market size is estimated to reach USD 76.16 billion by 2030, growing at a CAGR of 20.8% over the forecast period, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the growing adoption of Additive Manufacturing (AM) in industrial applications for enhancing production and shortening the time to market. The growing adoption of three-dimensional printers by the incumbents of automotive, healthcare, and aerospace & defense, among other industries and industry verticals, is also expected to drive the growth of the market over the forecast period.

AM, also referred to as 3D printing, envisages adding successive layers of materials in various 2D shapes and layering these 2D shapes upon one another to form a three-dimensional object. The process is totally different from the subtractive method of production, which envisages grinding out the unnecessary material from a block of material to obtain the desired object. As AM continues to evolve, incumbents of several industries and industry verticals are opting for the process to enhance product design, ensure accuracy and reliability, and shorten the time to market.

Addictive manufacturing is increasingly gaining popularity among hobbyists and innovators. Individuals are using AM for domestic and personal purposes. On the other hand, universities and educational institutes are using AM for conducting technical training. Particularly in developing economies, such as Brazil, South Africa, and India, among others, machining shops are aggressively installing 3D printers, using additive manufacturing materials and filaments, utilizing 3D printer software, and offering related services, such as 3D modeling, as part of their efforts to adopt alternative business models.

North America accounted for the largest revenue share of around 35% in 2021 as a result of the extensive adoption of 3D printers for 3D designing, 3D modeling, and 3D manufacturing across several industries and industry verticals across North America. On the other hand, Asia Pacific is expected to witness remarkable growth over the forecast period. Asia Pacific has been gradually emerging as a manufacturing hub owing to the easy availability of all the necessary resources. Apart from an expanding consumer base, the region has also been receiving foreign investments continuously.

However, AM happens to be a capital-intensive technology. At the same time, manufacturers are holding to their misconception about prototyping rather than realizing the advantages associated with AM. The market also lacks the standard process controls and is facing a shortage of skilled workers required for AM. Nevertheless, the initiatives being pursued by various governments to increase awareness and promote the benefits of adopting 3D printers are expected to play a vital role in countering these restraints and driving the growth of the market over the forecast period.

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Additive Manufacturing Market Report Highlights

• AM is gaining traction owing to the ability of the technology to offer accurate and rapid prototyping and optimize time to market
• Increasing adoption of 3D printers in the healthcare, automotive, and consumer electronics industry verticals is expected to drive the growth of the market
• Demand for desktop 3D printers is expected to increase over the forecast period as AM continues to gain popularity among hobbyists for domestic, household, and personal purposes and in the education industry for training purposes
• The prototyping segment dominated the market in 2021 and is expected to expand its revenue share to over 54% by 2030
• Although the polymer segment accounted for a revenue share of over 50% in 2021, the metal segment is expected to increase its revenue share and emerge as the dominant segment over the forecast period
• The growth of Asia Pacific is attributed to continued urbanization, which is prompting incumbents of industries such as automotive, consumer electronics, and healthcare, particularly in countries such as China, Japan, and South Korea, to opt for AM

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

Additive Manufacturing Market Segmentation

Grand View Research has segmented the global additive manufacturing market based on component, printer type, technology, software, application, vertical, material, and region:

Additive Manufacturing Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
• Software
• Services

Additive Manufacturing Printer Type Outlook (Revenue, USD Million, 2017 - 2030)

• Desktop 3D Printer
• Industrial 3D Printer

Additive Manufacturing Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Stereolithography
• Fuse Deposition Modelling
• Selective Laser Sintering
• Direct Metal Laser Sintering
• Polyjet Printing
• Inkjet Printing
• Electron Beam Melting
• Laser Metal Deposition
• Digital Light Processing
• Laminated Object Manufacturing
• Others

Additive Manufacturing Software Outlook (Revenue, USD Million, 2017 - 2030)

• Design Software
• Inspection Software
• Printer Software
• Scanning Software

Additive Manufacturing Application Outlook (Revenue, USD Million, 2017 - 2030)

• Prototyping
• Tooling
• Functional Parts

Additive Manufacturing Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• Industrial Additive Manufacturing
  • Automotive
  • Aerospace & Defense
  • Healthcare
  • Consumer Electronics
  • Power & Energy
  • Others
• Desktop Additive Manufacturing
  • Educational Purpose
  • Fashion & Jewelry
  • Objects
  • Dental
  • Food
  • Others

Additive Manufacturing Material Outlook (Revenue, USD Million, 2017 - 2030)

• Polymer
• Metal
• Ceramic

Additive Manufacturing Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
• South America
  • Brazil
• MEA

List of Key Players in the Additive Manufacturing Market

• Stratasys Ltd.
• 3D Systems, Inc.
• 3D Ceram
• GE Additive
• HP Inc.
• Tiertime
• EnvisionTec, Inc.
• Dassault Systemes

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.