Friday, 27 October 2023

Acrylonitrile Butadiene Styrene Market Projected To Be Worth USD 31.20 Billion By 2030: Grand View Research Inc.

 Acrylonitrile Butadiene Styrene Market Growth & Trends

The global acrylonitrile butadiene styrene market size is expected to reach USD 31.20 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.6% from 2022 to 2030. The growing need for lightweight materials used in the automotive industry in various applications such as pipe, automotive body parts, wheel covers, enclosures, and protective headgear is expected to drive the demand for acrylonitrile butadiene styrene (ABS). The superior characteristics of acrylonitrile butadiene styrene make it highly compatible with metals, adhesives, rubber, and coatings, which increases its preference over other products. Increasing production of acrylonitrile butadiene styrene is the key factor behind the growth of this market.

The revision of the regulatory framework associated with the acrylonitrile butadiene styrene industry is expected to increase the efficacy, safety, and performance standards of ABS-based medical products. As a result, the demand for superior-quality acrylonitrile butadiene styrene is expected to grow in Europe in the coming years. The market for acrylonitrile butadiene styrene in the region is highly regulated, with stringent regulations applied for the manufacturing of acrylonitrile butadiene styrene by the World Health Organization (WHO).

ABS can be easily processed via injection molding as well as recycled. It has good resistance against corrosive chemicals and physical impact. However, ABS is not used in high-heat situations due to its low melting point. ABS compounds are commonly used in electrical and electronics and consumer goods applications and are gaining acceptance owing to high strength, rigidity, and dimensional stability. The product offers resistance against impact and heat coupled with toughness.

The electrical and electronics segment is the leading application of ABS compounds. However, the appliances and automotive application segments are expected to provide maximum growth opportunities for the ABS market. The product is used in shavers, vacuum cleaners, food processors, and refrigerator liners, and its usage is expected to rise considering the increased production of lightweight passenger cars. Among recent developments, ABS is used in 3D printing as ABS parts can be easily sourced globally.

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Acrylonitrile Butadiene Styrene Market Report Highlights

  • In terms of revenue, the opaque type accounted for the largest share in 2021 and is expected to witness significant growth over the forecast period
  • The appliances application segment dominated the market and accounted for more than 25.0% share in 2021 based on revenue. The rising demand for electronic appliances, such as washing machines, dryers, and microwave ovens, coupled with increasing consumer spending on appliances, is expected to boost the demand for acrylonitrile butadiene styrene in the appliances industry
  • As of 2021, Asia Pacific accounted for the largest share of more than 30.0% in terms of revenue. The presence of a top manufacturing base and increased automotive expenditure in China, Japan, and India is expected to provide further impetus to the regional market growth
  • Major players are continuously working on developing their manufacturing plants owing to the increased usage of acrylonitrile butadiene styrene in the healthcare industry. For instance, in March 2022, CHIMEI Corporation, Neste, Idemitsu Kosan, and Mitsubishi Corporation signed a deal to develop a renewable plastics supply chain for the production of styrene monomer and its renewable plastics by-product including acrylonitrile butadiene styrene. The production in Japan and Taiwan is scheduled to begin in the first half of 2023

Access Press Release@ https://www.grandviewresearch.com/press-release/global-acrylonitrile-butadiene-styrene

Acrylonitrile Butadiene Styrene Market Segmentation

Grand View Research has segmented the global acrylonitrile butadiene styrene market based on type, application, and region:

Acrylonitrile Butadiene Styrene Type Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

  • Opaque
  • Transparent
  • Colored

Acrylonitrile Butadiene Styrene Application Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

  • Appliances
  • Electrical and Electronics
  • Automotive
  • Consumer Goods
  • Construction
  • Others

Acrylonitrile Butadiene Styrene Regional Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

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

List of Key Players of Acrylonitrile Butadiene Styrene Market

  • LG Chemicals
  • Asahi Kasei Corporation
  • CHIMEI
  • Formosa Plastics Corporation
  • KUMHO PETROCHEMICAL
  • SABIC
  • Trinseo
  • INEOS Styrolution Group GmbH
  • BASF SE
  • DuPont

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.

Digital X-ray Devices Market to Reflect Robust Expansion During 2023-2030: Grand View Research Inc.

 Digital X-ray Devices Market Growth & Trends

The global digital X-ray devices market size is anticipated to reach USD 4.5 billion by 2030, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 3.0% during the forecast period. Factors, such as the increasing prevalence of chronic disorders, rapid technological advancements, and increasing patient understanding of early diagnostic techniques, are all augmenting the industry's growth. The lightweight, wireless, and robust cassette-sized detector used in DR technology, which can transform analog X-rays into complete digital radiography solutions, makes it an effective technology. With the use of this technology, digital X-ray images are produced, which eliminates the need for film or Computed Radiography (CR) plates.

In addition, compared to its digital counterpart, film-based traditional radiography requires more manpower, and even the consumables utilized are more expensive. Chronic diseases, such as cancer, cardiovascular, COPD, CKD, and diabetes, are the major causes of death among adults in developing as well as developed countries. According to the WHO, chronic disorders account for about 41 million deaths globally, which is equivalent to 74% of all fatalities worldwide. Digital X-ray technology helps in the early intervention of such disorders, thus boosting its demand. Moreover, compared to traditional X-rays, this technology provides a number of benefits including 70% less radiation, better image quality, and less acquisition time.

Rapid technological advancements, such as the integration of Artificial Intelligence (AI), reduced X-ray dosage exposure, and high-resolution imaging is also expected to accelerate industry growth. For instance, in October 2021, Samsung partnered with VUNO, a South Korean AI medical software firm, to integrate VUNO’s AI-assisted solutions into Samsung’s digital radiography system. The key industry players are implementing various strategies including mergers & acquisitions, partnerships, collaborations, and expansions to gain higher market shares. For instance, in April 2022, Samsung introduced the GM85 Fit, a mobile digital radiography device. This system is anticipated to support effective and efficient patient care.

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Digital X-ray Devices Market Report Highlights

  • Based on portability, the fixed digital X-ray segment accounted for the largest revenue share in 2022 owing to the introduction of technologically advanced devices
  • The mobile digital X-ray segment is expected to register the fastest CAGR during the forecast period
  • The general imaging segment held the largest revenue share in 2022 due to the growing adoption of X-ray devices for general imaging
  • The diagnostic imaging centers segment is expected to grow at the fastest CAGR over the forecast period owing to its numerous advantages over hospitals
  • Asia Pacific has been estimated to be the fastest-growing region due to the presence of a large pool of patients, increasing healthcare awareness, and rising government funding for R&D & upcoming research projects

Access Press Release@ https://www.grandviewresearch.com/press-release/global-digital-x-ray-devices-market

Digital X-ray Devices Market Segmentation

Grand View Research has segmented the global digital X-ray devices market on the basis of portability, application, end-use, and region:

Digital X-ray Devices Portability Outlook (Revenue, USD Million, 2018 - 2030)

  • Fixed
  • Mobile

Digital X-ray Devices Application Outlook (Revenue, USD Million, 2018 - 2030)

  • General Imaging
  • Orthopedic
  • Dental
  • Mammography

Digital X-ray Devices End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals
  • Diagnostic Imaging Centers
  • Dental Care Centers

Digital X-ray Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Thailand
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

List of Key Players of Digital X-ray Devices Market

  • GE Healthcare
  • Siemens Healthineers AG
  • Philips Healthcare
  • Canon Medical Systems Corp.
  • Carestream Health
  • Fujifilm
  • Mindray Medical International
  • Shimadzu International
  • Samsung Medison
  • Boston Imaging

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.

Pasta and Noodles Market is Projected To Grow Moderately at 3.5% CAGR through 2030: Grand View Research Inc.

 

Pasta And Noodles Market Growth & Trends

The global pasta and noodles market size is expected to reach USD 109.52 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a 3.5% CAGR from 2023 to 2030. The demand for ready-to-cook products is propelled by the rising adoption of western and international cuisines across the globe on the back of the growing demand for convenient food products. The presence of healthier options such as rice mixes with superfoods and nutrient-dense ingredients with a shift towards higher protein and higher fiber intake in pasta and noodles will contribute to growth.

Increasing inclination toward healthy eating is driving the demand for gluten-free, fat-free, and vegan pasta and noodles. Growing consumer interest in ethnic cuisines is driving innovation in the category, with wider availability on the shelves of ethnic references, such as exotic rice and noodles, which are proving popular among consumers across the globe, particularly in China and the U.S. The trend towards premium references has created growth in global sales as consumers seek to experiment with flavors and high-quality ingredients in pasta and noodles.

The instant pasta and noodles segment accounted for a significant share of the global revenue pie for 2021 and is expected to maintain dominance over the forecast period. An increasing global workforce and consumers with busier lifestyles are driving demand for convenient options, such as chilled pasta and instant noodles, which save time in meal preparation. Nowadays, consumers shopping more frequently, buying less per trip is expected to boost sales of instant pasta and noodles.

The offline channel contributed a majority of the share to become the largest division in the global revenue in 2021. The offline stores including supermarkets, hypermarkets, grocery stores, and convenience stores provide dedicated shelf spaces that offer different varieties of pasta and noodles. The increase in penetration of major supermarkets & hypermarkets across the globe is gaining the attention of consumers for the purchase of pasta and noodles which is expected to provide significant growth opportunities in the upcoming years.

The market is consolidated with the presence of a large number of international players and few regional players.

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Pasta And Noodles Market Report Highlights

  • Asia Pacific is expected to contribute a significant share to become the largest segment in 2021 owing to increasing acceptance of western & international cuisines and convenient food products among consumers in China, India, and Japan
  • The frozen & canned pasta and noodles is anticipated to grow at a CAGR of 3.1% as the consumption of shelf-stable and convenient food products increased during the pandemic
  • The online segment is anticipated to grow at the fastest CAGR of 5.4% owing to the availability of a dynamic range of pasta and noodles from international and local brands online

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

Pasta And Noodles Market Segmentation

Grand View Research has segmented the global pasta and noodles market based on product, distribution channel, and region:

Pasta And Noodles Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Dried
  • Instant
  • Frozen & Canned

Pasta And Noodles Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

  • Online
  • Offline

Pasta And Noodles Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List Of Key Players in the Pasta And Noodles Market

  • NestlĂ©
  • Barilla Group
  • ITC
  • The Kraft Heinz Company
  • Unilever
  • Toyo Suisan Kaisha, Ltd.
  • Nissin Foods Holdings Co.,Ltd.
  • Campbell Soup Company
  • Conagra Brands, Inc.
  • TreeHouse Foods, Inc.
  • Ebro Foods, 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.

Thursday, 26 October 2023

Silico Manganese Market Expected to Succeed in CAGR of 6.5% by 2033

 Silico Manganese Market Growth & Trends

The global silico manganese market size is expected to reach USD 57.19 billion by 2033, according to a new report by Grand View Research, Inc, expanding at a CAGR of 6.5% over the forecast period. Increasing investments in construction activities across the globe are expected to boost the demand for steel, which is anticipated to positively influence the market growth of silico manganese over the forecast period.

For instance, In November 2021, Bahrain announced plans to invest USD 30.00 billion for the creation of five new cities on its manmade islands. The project is a part of the government’s efforts to boost its economy post-pandemic. In addition, the governments of different countries across the Middle East & Africa are investing in tourism and hotel development projects.

Silico manganese is a type of ferroalloy that is made up of alloys of manganese, silicon, iron, and a small amount of carbon and other elements. It finds application in steel making, where it is used as a deoxidizer, and to increase the manganese content to improve steel strength. Thus, the rising production of steel is expected to drive the demand for the product.

In October 2021, the Rongju steel plant of Hefa Group was commissioned in Vietnam. The plant has a production capacity of approximately 4 million tons per annum. Moreover, in August 2022, Hefa Group announced plans to expand its steel production capacity by 2023. The company aims to enhance the production capacity of flat, rebar, and wire rods by approximately 5.6 million tons per annum in the second phase of expansion.

Silico manganese consumption in the Middle East & Africa region is anticipated to be driven by expanding steel capacity in the region. For instance, in March 2022, Tosyali Algerie commenced the construction of a direct reduced iron plant with an annual capacity of 2.5 million tons per annum, and a flat product mill of 4 million tons per annum in Algeria.

The manufacturers of silico manganese engage in mergers & acquisitions to stay ahead of the competition. In April 2022, Tata Steel Mining Limited, acquired Rohit Ferro-Tech Ltd., a manufacturer of manganese and chromium-based ferroalloys such as ferrochrome and silico manganese for USD 77.42 million in India. The acquisition is expected to enable the company to consolidate its position in the ferroalloy business.

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Silico Manganese Market Report Highlights

  • The increase in production cost of silico manganese is attributed to the hike in the prices of energy and raw materials along with labor shortage and logistics challenges. The energy price rise in 2021-22 primarily occurred due to the low base price in 2020. The transition toward clean energy caused prices to remain high. In addition, the geo-political tensions caused due to the Russia-Ukraine war in 2022 are expected to further contribute to the price hike
  • Based on product, medium carbon is likely to register the fastest CAGR of 6.8% in terms of revenue across the forecast period. The segment's growth can be ascribed to rising global stainless steel For instance, global stainless steel melt shop production increased by 12.5% from 2020 to 2021 to reach 58.3 kilotons
  • Based on region, in 2021, Asia Pacific held a revenue share of nearly 74.0% of the global market. The consumption of silico manganese in the region is being driven by rising investments in the building & construction industry by the governments of the region. For instance, in November 2021, the Government of Malaysia announced its plans to construct approximately 500,000 affordable houses under the 12thMalaysia Plan
  • Based on application, stainless steel held the largest share of over 43.0% of the market, in terms of revenue, in 2021. Increasing penetration of electric vehicles is expected to propel the demand for the segment

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

Silico Manganese Market Segmentation

Grand View Research has segmented the global silico manganese market based on product, application, and region:

Silico Manganese Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2033)

  • Low Carbon
  • Medium Carbon
  • High Carbon

Silico Manganese Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2033)

  • Carbon Steel
  • Stainless Steel
  • Alloy Steel
  • Cast Iron
  • Others

Silico Manganese Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2033)

  • North America
    • US.
    • Europe
    • Germany
    • Turkey
    • Italy
  • Asia Pacific
    • Taiwan
    • Vietnam
    • Japan
    • South Korea
  • Central & South America
    • Brazil
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
    • Iran

List of Key Players in Silico Manganese Market

  • Brahm Group
  • EMCO (Bahrain Ferro Alloys BSC).
  • Eramet
  • Ferroglobe
  • NIPPON DENKO CO., LTD.
  • OM Holdings LTD.
  • Sabayek
  • SAKURA FERROALLOYS
  • Steelforce
  • Tata Steel

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.

Know Your Customer Software Market to See Booming Grow at a CAGR of 20.8% by 2030

 Know Your Customer Software Market Growth & Trends

The global know your customer software market size is expected to reach USD 15.81 billion by 2030, expanding at a CAGR of 20.8% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The growth of the know your customer (KYC) software market can be attributed to the rising identity financial frauds across the globe. For instance, in 2021, according to the Federal Trade Commission (FTC), identity theft was the most common complaint registered by consumers accounting for almost 29.4% of all the reports received by the FTC in 2021.

Technological advancements made in the market, including blockchain-based KYC, are expected to surge the market growth over the forecast period. Additionally, banks across the globe are entering into partnerships with government entities to leverage blockchain technology in KYC processes. For instance, in April 2022, Mashreq Bank in partnership with Dubai’s Department of Economy and Tourism (DET) joined the KYC blockchain platform initiative in UAE that helped banks to provide instant digital bank accounts along with KYC remediation. Mashreq Bank also joined the group of banks that are already live on the KYC network, including Emirates NBD, Abu Dhabi Commercial Bank (ADCB), Commercial Bank of Dubai (CBD), and HSBC.

The rising application of electronic Know Your Customer (eKYC) software for eliminating the paperwork during the account opening process and automatic customer onboarding activity is leading to an increase in the growth of the market. Major KYC software providers are focusing on developing an eKYC solution to simplify the onboarding process for the end-users. For instance, in June 2021, Liquid, Inc. launched its new e-KYC biometric solution designed specifically to prevent data thefts and frauds as more businesses transformed to digital processes in response to the COVID-19 outbreak.

The COVID-19 outbreak played a vital role in driving the market. Banks and financial institutions across the globe adopted digitalization to reduce the paperwork involved in the banking process. For instance, in May 2022, Vietcombank, a commercial bank in Vietnam, launched an eKYC solution that would assist its customers to open bank accounts digitally from anywhere, thus reducing the waiting time for customers. Such initiatives are expected to create growth opportunities for the market over the coming years.

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Know Your Customer Software Market Report Highlights

  • The software segment dominated the market in 2021. Rising developments in KYC solutions to reduce the waiting for customers and enhance operation functionality are expected to propel the growth of the segment
  • The cloud segment dominated the market in 2021. Rising investments in cloud-based KYC solutions to assist customers remotely in account opening are fueling the segment growth
  • The small and medium enterprises segment is expected to witness the fastest growth over the forecast period. The growth of the segment can be attributed to rising adoption of digitized solutions to capture more potential customers efficiently
  • The BFSI segment dominated the KYC software market in 2021. The adoption of new payment technologies by retailers in order to increase revenue and reduce transaction time is expected to propel the growth of the segment
  • North America dominated the market in 2021. The rising data thefts and financial frauds across the region are expected to play a decisive role in driving the regional market.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-know-your-customer-software-market

Know Your Customer Software Market Segmentation

Grand View Research has segmented the global know your customer software market based on component, deployment, enterprise size, end-use, and region:

KYC Software Component Outlook (Revenue, USD Million, 2017 - 2030)

  • Software
  • Services
    • Managed Services
    • Professional Services

KYC Software Deployment Outlook (Revenue, USD Million, 2017 - 2030)

  • On-premise
  • Cloud

KYC Software Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

  • Large Enterprises
  • Small & Medium Enterprises

KYC Software End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • BFSI
    • Banks
    • Insurance Companies
    • Financial Service Provider
  • Telecom
  • Government
  • Others

KYC Software Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Know Your Customer (KYC) Software Market

  • KYCPORTAL.COM
  • Fenergo
  • Truth Technologies, Inc.
  • Trulioo
  • Equiniti
  • ACTICO GmbH
  • Pegasystems Inc.
  • Experian Information Solutions, Inc.
  • Acuant, Inc.
  • LexisNexis Risk Solutions Group

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.

E-Commerce Apparel Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 E-Commerce Apparel Market Growth & Trends

The global e-commerce apparel market size is expected to reach USD 1,160.56 billion in 2030, registering a CAGR of 8.6% during the forecast period, according to a new report by Grand View Research, Inc. This can be accredited to growing demand for apparel from developed countries.

Boom in the e-commerce segment has been acting as a promoter for global market growth. The luxurious brands, which formerly were limited to the superior section of the civilization, traveling to fashion destinations like Paris and Milan have embraced people of all classes via the e-commerce channel. Ease of Payments, accessibility, and easy return policies are all producing a push for the market and are expected to accelerate the market growth during the forecast period.

Moreover, a lockdown circumstance has been observed throughout the COVID 19, and it showed an impact on the apparel market due to delayed supply of the raw material products. However, it significantly impacted the supply chain of the apparel market and manufacturing of the apparel products, across the globe. Moreover, the increasing acceptance of the e-commerce channels from the customers owing to changing buying patterns after the COVID outbreak had created opportunities for the market players. Thus, the market is expected to witness a healthy market growth rate during the forecast period.

The children’s apparel segment has been growing at a faster pace than the men’s and women’s apparel segments. The increasing trend of children's fashion showcases a wide range of attractive products, which is likely to accelerate the consumption rate. The increasing participation of the children in various activities like sports and arts is also expected to drive demand for the appropriate apparel in the coming years.

In North America, the market is projected to show a lucrative growth rate of 8.7% from 2022 to 2030 owing to rising demand for the women’s apparel across the region. Additionally, the U.S. has a vast number of brands actively functioning in the market, which includes Tommy Hilfiger, Ralph Lauren, Hollister, and Calvin Klein. Thus, the market has deep roots in the region and has an enormous influence across the globe. Moreover, changing consumers’ preferences and lifestyles is expected to propel the market growth during the forecast period. Thus all these factors are estimated to drive growth of this market within this region.

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E-Commerce Apparel Market Report Highlights

  • In Asia Pacific, the market is expected to witness the fastest CAGR of 9.4% from 2022 to 2030 owing to growing demand for the men’s and children’s apparel from developing nations such as China and India
  • The women’s apparel type segment accounted for the highest revenue share of more than 68.0% in 2021 owing to the rising demand for these products from the developed regions such as Europe and North America
  • Europe dominated the market and accounted for the revenue share of more than 36.0% in 2021 owing to rising demand for the women’s apparel as a result of the growing purchasing power of the women towards clothing
  • The men’s apparel type segment is expected to foresee the second-fastest CAGR of 8.4% from 2022 to 2030 due to the growing fashion consciousness amongst millennials

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

E-Commerce Apparel Market Segmentation

Grand View Research has segmented the global e-commerce apparel marketbased on the type and region:

E-commerce Apparel Type Outlook (Revenue, USD Billion, 2017 - 2030)

  • Women’s Apparel
  • Men’s Apparel
  • Children’s Apparel

E-commerce Apparel Regional Outlook (Revenue, USD Billion, 2017 - 2030)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • China
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

List of Key Players of E-Commerce Apparel Market

  • Wal-Mart Inc.
  • Amazon, Inc.
  • com, Inc.
  • Alibaba Group Holding Limited
  • EBay Inc.
  • Shopify Inc.
  • Rakuten 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.

Wednesday, 25 October 2023

Microencapsulated Pesticides Market Trends Analysis And Forecast Till 2030: Grand View Research Inc.

 Microencapsulated Pesticides Market Growth & Trends

The global microencapsulated pesticides market size is expected to reach USD 1.57 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.7% from 2022 to 2030. The industry growth is majorly driven by the increasing usage of the Integrated Pest Management System (IPMS) and increased regulatory support restricting the extensive application of agrochemicals.

Microencapsulated capsules are pesticides coated in capsules made from plastic or starch which helps in protecting the pesticide from spoilage or leakage in the surrounding environment. It is mixed with water to spray on crops where the walls of the capsule break to release the pesticide on the affected crop. Thus, these factors of microencapsulated capsules contribute to IPMS practices adopted by people by restricting the usage of pesticides to affected crops only.

Increasing bans and restrictions on using some harmful chemicals in several regions have also contributed to the growth of microencapsulated pesticides. According to a report around 33% of total agricultural produce is lost due to the uncontrolled use of harmful pesticides. Additionally, around 2473 food alerts were reported in Europe for fruits and vegetables for the period 2015 to 2020. Thus, all these factors resulted in the implementation of regulations on the restricted use of pesticides which is acting as a driving force for the product market.

According to the Food and Agricultural Organization  (FAO) of the United States, around 40% of crops globally are destroyed by pests annually. Every year plant diseases cost USD 220 billion to the global economy and invasive insects around USD 70 billion. All these factors are resulting in an increase in demand for microencapsulated pesticides year on year. 

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Microencapsulated Pesticides Market Report Highlights

  • The market is estimated to witness a CAGR of 12.7% from 2022 to 2030. This is attributed to the rising demand for food crops due to the increasing population thus, creating the need for using microencapsulated pesticides by farmers for the safety and security of their crops
  • Europe dominated the market in 2021 with a revenue share of around 34%. This is owed to increasing government initiatives for adopting Integrated Pest Management practices and raising awareness among people
  • According to Eurostat, the demand for pesticides is continuously increasing in the EU with Spain, Germany, Italy, and France accounting for 2/3rdof the total volume produced in the EU. Additionally, the European Commission is planning to cut down the use of chemical pesticides by 50% by 2030. All these factors will result in the growth of the microencapsulated pesticides market over the coming years
  • Insecticide dominated the type segment with a revenue share of around 55% in 2021. This growth is attributed to the ability of insecticides to reduce the harmful effects of insects on crops by killing them or preventing them from engaging in any destructive behaviors
  • Agriculture sector emerged as a major application segment with a revenue share of around 65% in 2021. This growth in the agricultural sector can be attributed to the increasing demand for food across the globe due to the increasing population
  • According to FAO, the global population is estimated to reach 9.7 billion by 2050 thus, requiring crop production to increase up to 70 percent to meet the demand. In order to meet this increasing demand the farmers are shifting towards using microencapsulated pesticides so as to maximize production while minimizing the loss caused to crops due to fungi, insects, and any unwanted vegetation 

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

Microencapsulated Pesticides Segmentation 

Grand View Research has segmented the global microencapsulated pesticides market based on type, application, and region:

Microencapsulated Pesticides Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Insecticides
  • Herbicides
  • Rodenticides
  • Fungicides
  • Others

Microencapsulated Pesticides Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Agricultural
  • Non-agricultural

Microencapsulated Pesticides Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Microencapsulated Pesticides Market

  • Bayer AG
  • BASF SE
  • ADAMA Agricultural Solutions Ltd.
  • FMC Corporation
  • Syngenta
  • Yara International
  • Sumitomo Chemicals
  • Israel Chemical Company
  • Arysta LifeScience
  • Nufarm Limited
  • GAT Microencapsulation
  • Botanocap
  • K + S Group

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.

Pharmaceutical Dissolution Testing Services Market Expected To Propel Industry Growth By 2030: Grand View Research Inc.

 Pharmaceutical Dissolution Testing Services Market Growth & Trends

The global pharmaceutical dissolution testing services market size is expected to reach USD 1.2 billion by 2030, registering a CAGR of 8.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is expected to increase primarily as a result of the rising drug development process, increasing technological advancements, rising awareness about the need for high-quality products, and the production of numerous medications for various chronic diseases that require dissolution testing. The COVID-19 pandemic has significantly impacted the global industry. Pharmaceutical firms, biotech firms, and other end-user demands were primarily served during the crisis by developing coronavirus prevention drugs.

Since the end of 2019, these organizations have been actively working toward the development of medications that can be used as a treatment for COVID-19 patients who have only minor symptoms. And these drug developments require dissolution testing at each stage to access safety, stability, and efficacy, thus contributing to industry growth. For the physical assessment of solid dosage forms, such as tablets, capsules, ointments, and creams, dissolution testing is required. The simplest type of testing measures the solubility or rate of dissolving a medication tablet. Dissolution testing can be performed to assess the release rates of a drug material under various situations and to provide details regarding the effectiveness of in vivo performance in Absorption, Distribution, Metabolism, And Excretion (ADME) and bioavailability studies.

Dissolution testing provides information on how quickly or slowly certain drugs are absorbed into various body parts and, subsequently, how much they dissolve after administration. This enables businesses to assess whether a drug will function effectively after it enters a patient's system and whether any negative effects brought on by slower absorption rates would occur. Pharmaceutical dissolution testing requires specialized staff to run the assays and prepare regulatory filings. This factor has greatly increased the demand for professional teams to handle pharmaceutical dissolution testing, which is predicted to have a favorable effect on the industry.

Request a free sample copy or view the report summary: Pharmaceutical Dissolution Testing Services Market Report

Pharmaceutical Dissolution Testing Services Market Report Highlights

  • The in vitro method segment accounted for the largest revenue share in 2022
  • The tablets dosage form segment accounted for the largest share and is anticipated to grow at the fastest CAGR during the forecast period
  • Tablets have high physical and chemical stability and the amount of drug delivered to the body can be controlled
  • Based on dissolution apparatus, the paddle segment dominated the industry in 2022 as it can cover a range of oral dosage forms
  • North America dominated the industry in 2022owing to rising investments by public firms in research and their state-of-the-art research infrastructure

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

Pharmaceutical Dissolution Testing Services Market Segmentation

Grand View Research has segmented the global pharmaceutical dissolution testing services market based on method, dosage form, dissolution apparatus, and region:

Pharmaceutical Dissolution Testing Services Method Outlook (Revenue, USD Million, 2018 - 2030)

  • In vitro
  • In vivo

Pharmaceutical Dissolution Testing Services Dosage Form Outlook (Revenue, USD Million, 2018 - 2030)

  • Capsules
  • Tablets
  • Others

Pharmaceutical Dissolution Testing Services Dissolution Apparatus Outlook (Revenue, USD Million, 2018 - 2030)

  • Basket
  • Paddle
  • Others

Pharmaceutical Dissolution Testing Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Pharmaceutical Dissolution Testing Services Market

  • Intertek Group Plc.
  • Avivia BV
  • Almac Group
  • Agilent Technologies, Inc.
  • Catalent, Inc.
  • Thermofisher Scientific Inc.
  • Cambrex Corp.
  • Charles River Laboratories
  • Boston Analytical
  • Pace Analytical Life Sciences
  • SOTAX
  • AMRI
  • SGS SA

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.

Unified Communications Market Overview, Analysis And Forecast To 2030: Grand View Research Inc.

 Unified Communications Market Growth & Trends

The global unified communications market size is expected to reach USD 417.86 billion by 2030, registering an estimated CAGR of 17.4% from 2023 to 2030, as per a new report by Grand View Research, Inc. The proliferation of smartphones and the rollout of services such as 5G are the significant drivers of market growth in developing and developed economies.

Smartphones have become efficient business communication tools owing to the sophistication of technology, enabling them to perform most of the communication tasks of a desktop computer. Additionally, factors responsible for the growth of the mobile phones market in the emerging markets of the Asia Pacific and Africa region include the availability of low-cost handsets, decreased voice calling rates, and implementation and development of new technologies with considerable investment in building infrastructure by mobile operators which in turn is positively impacting the growth of the market.

Furthermore, the unified communications market is growing with the use of UCaaS. Unified Communications as a Service (UCaaS) is a delivery model that involves outsourcing communication and collaboration applications and services to third-party providers delivered over an IP network. UCaaS technologies include telephony, video conferencing, online meetings, and enterprise messaging & presence technology.

UCaaS provides high availability (HA), scalability, and flexibility for essential business tasks. Numerous advantages, such as pay as per the need & requirement and cost-effectiveness, have improved the deployment of UCaaS in businesses. It has eliminated the limitation of synchronous operations of geographically dispersed units.

Enterprises are witnessing a rapid adoption of Machine Learning (ML), and Artificial Intelligence (AI) facilitated solutions. AI in the UC sector leads the way toward an increasingly connected future. Organizations are producing AI-based UC to transform how corporations structure their strategy planning, workflow, and decision-making process.

For instance, in November 2021, Poly revealed its revised Poly Room Solutions for Microsoft Teams Rooms. This latest lineup of Poly Studio Kits presents premium audio and video for focus, small, large, focus, and medium rooms and features Poly DirectorAI technology. Additionally, sellers have turned the focus to small and medium-sized businesses (SMBs), which before did not include the primary market owing to the high adoption of UC services by SMBs over the last few years.

UC service providers have developed solutions that provide the communication history of callers and meeting participants, including calls, audio and video conferences, and e-mails. Thus, the market for unified communications is expected to rise at a considerable rate in the forecast period.

Request a free sample copy or view the report summary: Unified Communications Market Report

Unified Communications Market Report Highlights

  • The large enterprises segment accounted for more than 78.0% of the total revenue share in 2022 owing to the increased demand for basic unified communications with basic features for daily personal use
  • The government applications segment is expected to witness the fastest CAGR expansion of more than 20.0% during the forecast period from 2023 to 2030 as a direct result of enhanced productivity in governments by streamlining communications processes, automating manual processes, and consolidated communication applications
  • Increased demand for real-time communication has allowed vendors to offer Web RTC solutions, to facilitate faster video streaming and group chats in client devices
  • Asia Pacific regional market is anticipated to register the highest CAGR expansion of 20.0% from 2022 to 2030

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

Unified Communications Market Segmentation

Grand View Research has segmented the global unified communications market based on the product, application, organization size, solution, and region.

Unified Communications Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Hosted
  • On-premise

Unified Communications Solution Outlook (Revenue, USD Billion, 2018 - 2030)

  • Instant & Unified Messaging
  • Audio & Video Conferencing
  • IP Telephony
  • Others

Unified Communications Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)

  • SMEs
  • Large Enterprises

Unified Communications Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Enterprises
  • Education
  • Government
  • Healthcare
  • Others

Unified Communications Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • New Zealand
  • South America
    • Brazil
  • Middle East and Africa

List of the Key Players in the Unified Communications Market

  • Alcatel-Lucent Enterprise
  • Avaya Inc.
  • Cisco Systems Inc.
  • Microsoft Corporation
  • Mitel Network Corporation
  • NEC Corporation
  • Poly (Platonics Inc.)
  • Unify (Atos SE)
  • Verizon Communications Inc.
  • Tata Communications
  • IBM 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.

Friday, 20 October 2023

Global Server Operating System Market to Witness Soaring Growth During 2022– 2030: Grand View Research Inc.

 Server Operating System Market Growth & Trends

The global server operating system market size is anticipated to reach USD 36.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.5% from 2022 to 2030. The market is expected to grow due to the increasing number of cloud-native server users and the increase in enterprise spending on adopting cloud services. Companies in the market are launching cloud-native applications for evaluating web-based applications that store data on a remote server. In addition, the increasing adoption of Linux-based operating systems, coupled with the surge in enterprise server deployments, is anticipated to stimulate market growth.

The industry is anticipated to grow and gain momentum in the coming years. Several businesses have adopted new strategies such as business expansion, diversification, and new product launches to assist businesses with their operations. In January 2022, Amazon Web Services introduced a new speed, 65% faster performance, with an optimization solution for Microsoft Windows Server on Amazon Elastic Compute Cloud (EC2) speed on EC2 while reducing the likelihood of costly delays.

Request a free sample copy or view report summary: Server Operating System Market Report

Server Operating System Market Report Highlights

  • By operating system, the windows segment accounted for the largest revenue share of over 55.0% in 2021 and is anticipated to dominate over the projected period. Windows offers on-premise as well as cloud solutions. Majority of the businesses opt for windows as it provides a wide range of features in a single platform, including increased security, easier server core administration, automatic client connectivity, and several other capabilities, which make server management easier for developers
  • In terms of virtualization, the physical segment is anticipated to expand at a CAGR of 8.8% over the forecast period. It is attributed to the ideal performance offered by the physical servers, enhanced security, and the flexibility to fully customize hardware and software architecture
  • In terms of deployment, the on-premise segment accounted for the largest revenue share of over 50.0% in 2021. The rapidly growing IT industry across the globe is creating more demand for on-premise servers
  • North America held the largest share of over 35.0% in 2021. The presence of various leading market players in the region is a major factor contributing to the market growth

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

Server Operating System Market Segmentation

Grand View Research has segmented the global server operating system market based on operating system, virtualization, deployment, and region:

Server Operating System Operating System Outlook (Revenue, USD Million, 2017 - 2030)

  • Windows
  • Linux
  • Unix
  • Others

Server Operating System Virtualization Outlook (Revenue, USD Million, 2017 - 2030)

  • Virtual Machine
  • Physical

Server Operating System Deployment Outlook (Revenue, USD Million, 2017 - 2030)

  • On-premise
  • Cloud

Server Operating System Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Server Operating System Market

  • Cisco Systems, Inc.
  • IBM Corporation
  • Oracle
  • Amazon Web Services
  • NEC Corporation
  • Microsoft Corporation
  • Unisys
  • Canonical Ltd. (Ubuntu)

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.

Brazil Premium Bottled Water Market Latest Trends, Industry Growth And Forecast To 2033: Grand View Research Inc.

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