Nucleic Acid Isolation And Purification Market Growth With Worldwide Industry Analysis To 2030: Grand View Research Inc.

 Nucleic Acid Isolation And Purification Market Growth & Trends

The global nucleic acid isolation and purification market size is expected to reach USD 11.21 billion by 2030, expanding at 10.06% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing automation in industries, and technological advancements in DNA purification & isolation technologies are anticipated to drive the global market during the forecast period. In addition, the flourishing biotechnology sector in emerging economies, rising adoption of molecular diagnostics, and surging trend for precision medicine are expected to offer lucrative growth opportunities.

The demand for nucleic acid isolation and purification has risen with the COVID-19 pandemic. The demand for nucleic acid isolation and purification processes has risen enormously, not only for COVID-19 testing and confirmation purposes but also for strain confirmation, research, and analysis. However, the market is highly fragmented and competitive. In addition, there is a lack of automation and skilled professionals in the market, which paves the way for new players with disruptive technologies to grow in the market. Furthermore, the availability of NGS technology and genomic data is expected to increase the growth potential for this market.

Nucleic acid isolation and purification are used in molecular diagnostics for diagnosing a range of diseases including cancer, infectious diseases, genetic disorders, and hospital-acquired infections among others. The increasing demand for precise and reliable diagnostic kits has propelled the adoption of nucleic acid purification techniques thereby supporting market expansion. Also, recent product launches by market participants is another factor fueling NAIP technology. For instance, in January 2023, QIAGEN launched EZ2 Connect molecular diagnostics platform for automated sample processing in diagnostic laboratories.

Furthermore, the flourishing biotechnology and pharmaceutical sector has driven the demand for DNA extraction and purification technique. The technique has a fundamental role in various applications including, gene therapy development, recombinant protein production, and gene expression analysis. Also, various organic as well as inorganic developments undertaken by market participants to strengthen their business avenues are further expected to drive the global market. For instance, in March 2021 Promega Corporation launched XpressAMP reagents for RNA extraction. The newly launched reagents are automation friendly and can be used for nucleic acid purification and isolation purposes.

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Nucleic Acid Isolation And Purification Market Report Highlights

• In Product, the kits & reagents segment dominated the market in 2022, with a revenue share of 76.28%. The high revenue growth of the segment is owing to rising demand for kits during analysis and rising research studies
• By type, RNA isolation and purification held a larger share of 53.88% in 2022. The higher revenue share is attributed to rising molecular biology applications and increasing application of RNA isolation in the development of diagnostics
• Based on application, the diagnostics segment dominated the market with a revenue share of 33.49% in 2022. The rising application of DNA and RNA isolation for the identification of pathogens in routine sample processing is expected to drive segment expansion
• The method using magnetic beads amounted to a maximum share of 38.54% followed by the column-based method in 2022

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Nucleic Acid Isolation And Purification Market Segmentation

Grand View Research has segmented the global nucleic acid isolation and purification marketby product, type, application, method, end-use, and region:

Nucleic Acid Isolation And Purification Product Outlook (Revenue, USD Million, 2018 - 2030)

• Kits & Reagents
• Instruments

Nucleic Acid Isolation And Purification Type Outlook (Revenue, USD Million, 2018 - 2030)

• DNA Isolation & Purification
  • Genomic DNA Isolation & Purification
  • Plasmid DNA Isolation & Purification
  • Viral DNA Isolation & Purification
  • Other
• RNA Isolation & Purification
  • miRNA Isolation & Purification
  • mRNA Isolation & Purification
  • Total RNA Isolation & Purification
  • Other

Nucleic Acid Isolation And Purification Application Outlook (Revenue, USD Million, 2018 - 2030)

• Precision Medicine
• Diagnostics
• Drug Discovery & Development
• Agriculture and Animal Research
• Other Applications

Nucleic Acid Isolation And Purification Method Outlook (Revenue, USD Million, 2018 - 2030)

• Column Based
• Magnetic Beads
• Reagent Based
• Others

Nucleic Acid Isolation And Purification End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Academic Research Institutes
• Pharmaceutical & Biotechnology Companies
• Contract Research Organizations
• Hospitals and Diagnostic Centers
• Others End-use

Nucleic Acid Isolation And Purification Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Nucleic Acid Isolation And Purification Market

• QIAGEN
• Thermo Fisher Scientific, Inc.
• Illumina, Inc.
• Danaher
• Hoffmann-La Roche Ltd
• Merck KGaA
• Agilent Technologies
• Bio-Rad Laboratories, Inc.
• Takara Bio Inc.
• Promega Corporation
• New England Biolabs
• LGC Limited
• Abcam plc
• Norgen Biotek Corp.
• AutoGen, Inc.
• Biogenuix
• PCR Biosystems, Inc.
• MagGenome
• Apical Scientific Sdn. Bhd
• MACHEREY-NAGEL GmbH & Co. KG

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 Chocolate Market Outlook & Future Forecast Report Till 2030

 Chocolate Market Growth & Trends

The global chocolate market size is anticipated to reach USD 156.74 billion by 2030, expanding at a CAGR of 3.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. Dark chocolate's popularity is expected to grow in the coming years because it aids in the prevention of cardiac illnesses which is one of the major drivers of the market. Other applications such as chocolate milk and chocolate cake are also gaining traction globally, thus promoting the market’s growth.

Rising consumer awareness of the health benefits of chocolate as a result of a growth in the number of marketing campaigns on social media channels and television networks is expected to boost the market growth. Chocolates are associated with love, appreciation, celebration, and happiness, and so a growing number of people continue to gift chocolates on special occasions such as Christmas, Thanksgiving, and Easter which may further promote product demand during the forecast period.

Carob bars are identical to chocolate bars in terms of fat, calories, carbohydrates, and cholesterol. The absence of caffeine distinguishes it from cocoa and makes it suitable for caffeine-sensitive or intolerant individuals. Carob is naturally sweet, so it requires a very less amount of sugar to produce the final product. These factors are expected to contribute to the growth of artificial chocolates in the coming years.

Increasing demand for sugar-free, vegan, gluten-free, and organic chocolates is a major trend in the global chocolate industry. Consumers are becoming more aware of the negative impacts on health and the environment of consuming synthetic or artificial products. As a result, the majority of informed and health-conscious consumers have started preferring organic products. This trend is expected to provide an opportunity for chocolate producers to launch new products that cater to evolving consumer demands.

The volatile price of raw materials is a significant factor that impacts the cost of production in the chocolate industry, and thus the profitability of the producers. Specific weather conditions are required for the cocoa plantation. Cocoa is a delicate plant that grows in tropical climates and requires proper vegetation shade to produce higher-quality seeds, which is why its plantation is concentrated in West Africa. This factor may hinder the market growth during the projected timeframe.

Consumers in Europe demand high-quality chocolates due to growing health concerns regarding less expensive chocolates in the region and a rise in the popularity of fine cocoa. As a result, consumers in the region are willing to pay a higher price for chocolate products that satisfy their requirements. A key factor influencing the region's chocolate industry is the major shift in European consumers' purchasing behavior toward premium chocolate products. Additionally, dark chocolates are popular in the region because they constitute less sugar and exhibit a more intensely bitter flavor due to the concentration of cocoa.

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Chocolate Market Report Highlights

• Artificial chocolates are estimated to be the fastest growing in the product segment owing to the rising prevalence of carob as a healthier alternative to cocoa
• Supermarkets & hypermarkets led the distribution channel segment owing to the growing number of specialty and departmental stores in developing countries such as India and China
• In 2021, Europe had the largest revenue share in the global market. The rise in demand for dark chocolate among consumers in countries including the U.K., France, and Germany is predicted to be a major contributor to regional market growth

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Chocolate Market Segmentation

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

Chocolate Product Outlook (Revenue, USD Million, 2017 - 2030)

• Traditional
  • Dark
  • Milk
  • White
• Artificial

Chocolate Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Supermarket & Hypermarket
• Convenience Store
• Online

Chocolate Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Chocolate Market

• Barry Callebaut
• Chocoladefabriken Lindt & Sprüngli AG
• Mondel?z International, Inc.
• Nestlé
• The Hershey Company
• Ferrero Group
• Mars, Incorporated
• The Australian Carob Co.
• Meiji Holdings Co., Ltd.
• Arcor

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 Specialty Resins Market 2022-2030 Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

 Specialty Resins Market Growth & Trends

The global specialty resins market size is expected to reach USD 12.6 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.3% over the forecast period. Special resins are used to produce composite materials that are widely used in load-bearing structures applications such as building & construction, marine, automotive, and aerospace owing to their properties such as super adhesiveness, high mechanical properties, and others. The demand for high-performance specialty resins is expected to witness growth from the commercial aeroplane industry as well as emerging opportunities in various applications such as water treatment and electrical & electronics.

However, the relatively high cost and labor intensity of producing advanced composites is expected to prevent these composites from penetrating into high-volume, high-price markets. Growing demand for composites from the automotive and aerospace industries, especially in Europe and North America, is expected to remain a key driver of the market. Rising fuel prices, combined with the booming commercial aviation industry, are expected to drive demand for the product in the ensuing years.

The building and construction applications segment is expected to experience significant growth. In construction, specialty resins are used as sealants, hardeners, mortars, mortars, and laminates for walls, roofs, and decking. Properties such as excellent cleaning material, low curing shrinkage, chemical resistance, low water permeability, good mechanical properties, and excellent adhesion, among other things, are predicted to drive the use of specialty resins in construction.

Growing demand in the construction industry is predicted to drive growth in the market during the forecast period. Construction is a broad industry that includes everything from mining, quarrying, and forestry to infrastructure and building construction, product manufacturing and supply, and repair, maintenance, and disposal. Specialty resin is used in the production of plastics, paints, coatings, flooring, plastics, primers and sealants, adhesives, and other building materials and components. For example, according to construction industry statistics, in 2021, the US construction sector generated $1.6 trillion in sales. The average US construction industry spends nearly $1,245 billion a year. In addition, rising awareness among the masses about the benefits of green buildings is further anticipated to fuel the growth of the construction industry globally. This, in turn, is projected to lead to a risen demand for specialty resins in construction applications over the forecast period.

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Specialty Resins Market Report Highlights

• In terms of revenue, building & construction application segment accounted for a prominent share of more than 37.0% in the market in 2021 and is further expected to witness prominent growth over the forecast period.
• Electrical & Electronics application segment is projected to progress at a CAGR of 7.3% during the forecast period. Properties such as low shrinkage, less exothermicity during the curing process, excellent mechanical and electrical insulating properties, and increased toughness fuel the demand for specialty resins for use in electrical & electronics applications.
• As of 2021, Asia Pacific region accounted for more than 61.0%. The growing number of manufacturing facilities is boosting construction activities in the region, which, in turn, is anticipated to propel the demand for specialty resins over the forecast period.
• Strategic partnerships & agreements, capacity expansions, and new product developments are the popular strategies adopted by most market players. For instance, in September 2021, Polytek Development Corp. a portfolio company of Arsenal Capital Partners which is one of the leading specialized producers of polymers for mold forming, coating, and casting applications, acquired the Specialty Resin & Chemical.

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Specialty Resins Market Segmentation

Grand View Research has segmented the specialty resins market report based on application, type, function and region:

Specialty Resins Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Building & Construction
• Water Treatment
• Marine
• Electrical & Electronics
• Automotive
• Aerospace
• Others

Specialty Resins Type Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Vinyl
• Epoxy
• Polyamides
• Unsaturated Polyester Resins
• Others

Specialty Resins Function Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Protection
• Insulation
• Others

Specialty Resins Region Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

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

List of Key Players of Specialty Resins Market

• BASF SE
• Hexion Inc.
• SABIC
• Royal DSM
• Arkema
• Radiant Color NV
• Mitsubishi Chemical Corporation
• The Dow Chemical Company
• Huntsman International LLC
• Aldex Chemical Company Limited
• Thermax Limited
• International Specialty Chemicals Ltd.
• Purolite
• Kolon Industries

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.

Cardiac Resynchronization Therapy Market is Projected to Boost $6.23 Billion by 2030: Grand View Research Inc.

 Cardiac Resynchronization Therapy Market Growth & Trends

The global cardiac resynchronization therapy market size is anticipated to reach USD 6.23 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a lucrative CAGR of 4.8% from 2023 to 2030. The key factors driving the market growth include growing initiatives by key companies, rising product advancements, and increasing product adoption by end users

The CRT market was significantly impacted by the COVID-19 pandemic. Some of the major impacts of COVID-19 on the market include demand slowdown, fall in sales, and supply chain disruption due to the cancellation of operational hurdles and elective procedures. For instance, Abbott, one of the major players in the cardiac rhythm management device business, reported a decline in revenue growth of the cardiovascular business in 2020. Boston Scientific has reported a decline in sales across all regions in 2020. By Q3 2021, the company’s sales recovered gradually with the cardiac rhythm management segment accounting for USD 1.5 billion in total revenue.

Furthermore, COVID-19 had a negative impact on Medtronic's fourth-quarter financial performance, which ended on April 24, 2020. Postponed elective and semi-elective treatments using Medtronic devices had an impact on the corporation. People's reluctance to undertake non-COVID-19 emergency procedures has an impact on the company's emerging product lines. By 2021, the company's sales had returned to positive territory. Its cardiac & rhythm management portfolio revenues increased by 11% year on year for the six months ending in October 2021.

Increasing product advancements and initiatives by key market players are expected to propel market growth in the coming years. For instance, in February 2020, Medtronic received the CE mark clearance for its cardiac resynchronization therapy defibrillators (CRT-Ds) combined with smart features such as AdaptivCRT and EffectivCRT algorithms. Similarly, in July 2020, Abbott received approval from the US FDA for its cardiac resynchronization therapy defibrillator (CRT-D) devices equipped with Bluetooth features.  

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Cardiac Resynchronization Therapy Market Report Highlights

• The Cardiac Resynchronization Therapy market was valued at USD 4.26 billion in 2022 and is expected to grow at a CAGR of 4.8% during the forecast period
• Rapid technological advancements are one of the key trends escalating market growth. The adoption of a sedentary lifestyle, the growing geriatric population along with the increasing prevalence of cardiovascular diseases is also stimulating the growth of the market
• CRT-D segment dominated the market by product in 2022, owing to the high adoption of these devices, wider applications, and growing prevalence of cardiovascular diseases
• CRT-P held a notable share of the market in 2022 and is projected to grow at the fastest rate over the forecast period. This is owing to growing indications and the high prevalence of heart failure across the globe
• The hospitals' segment held the largest market share of over 52.08% in 2022, as these centers are the main point of care for CRT device installation after diagnosis
• North America held the largest market share of over 49.9% in 2022, owing to the well-established healthcare system, and per capita, healthcare spending in this region is expected to fuel the market growth over the forecast period 

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Cardiac Resynchronization Therapy Market Segmentation

Grand View Research has segmented the Cardiac Resynchronization Therapy market based on product, end-use, and region:

Cardiac Resynchronization Therapy Product Outlook (Revenue, USD Million, 2018 - 2030)

• CRT-Defibrillator
• CRT-Pacemaker

Cardiac Resynchronization Therapy End-Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital
• Cardiac Center
• Others

Cardiac Resynchronization Therapy Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of the Cardiac Resynchronization Therapy Market

• Medtronic
• Abbott
• Boston Scientific Corporation
• Biotronik SE & Co., KG
• MicroPort Scientific Corporation
• Livanova 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.

Virtual Events Market is Expected to Enhance $262.52 Billion Revenue By 2030: Grand View Research Inc.

 

Virtual Events Market Growth & Trends

The global virtual events market size is estimated to reach USD 262.52 billion by 2030, registering a CAGR of 18.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. The development of the market can be attributed to the growing preference for convening virtual events, such as video calls, live chats, video conferences, and online meetings, as part of the day-to-day business activities to share data in real time. The growing trend of remote working, especially after the pandemic and subsequent lockdown restrictions has led to a considerable rise in the demand for virtual events and collaborative tools across the organizations. Various businesses have deployed collaborative solutions to facilitate effective virtual engagement among employees.

For instance, in June 2023, Zoom Video Communications, Inc. introduced the meeting summary feature to its AI-powered smart companion- Zoom IQ. The company also added the Team Chat compose feature to the video conferencing platform, which will allow users to summarize Zoom Meetings quickly without recording and drafting content in Zoom Team Chat. Advances in unified communication, collaboration, and content delivery techniques, which have allowed incumbents of various industries and industry verticals to migrate from in-person meetings to online events, also bode well for market growth. Enterprises find virtual events platforms highly dynamic and engaging when improving communication and encouraging collaboration between employees, clients, partners, and stakeholders.

Building brands and serving clients efficiently is paramount amid the intensifying competition for enterprises. While large enterprises have adequate financial resources for brand building and efficient client servicing, it is different for small and medium enterprises (SMEs). At this juncture, SMEs are particularly adopting virtual events platforms to host virtual events, which can be convened at significantly lower costs than those incurred for hosting actual seminars, conferences, and meetings. Cloud-based virtual events platforms are particularly preferred to engage the target audience irrespective of geographical location while saving costs. The companies operating in the market are focusing on raising capital and pursuing strategic mergers & acquisitions to develop their respective technologies in the wake of the rising demand for virtual events.

For instance, in August 2023, RingCentral, Inc. a renowned AI-powered cloud communications, and contact center solutions provider acquired select assets, including the flagship Events platform and Session product from Hopin, an online audience engagement technology provider. Hopin Events is an all-in-one event management platform that enables planning and producing virtual and hybrid events. Hopin Session is a highly personalized engagement solution. The growing preference for Unified Communication as a Service (UCaaS) among businesses, corporations, educational institutions, and other organizations across various industries and industry verticals also plays a decisive role in driving market growth.

For instance, the Internet Corporation for Assigned Names and Numbers (ICANN), a non-profit organization based in the U.S. that manages several databases, switched from in-person interactions to virtual events to maintain continuity of operations in the wake of the operational disruptions stemming from the pandemic. The healthcare industry incumbents typically adopt virtual events platforms to convene seminars and training sessions. Seminars and conferences convened by government officials, public health bodies, and healthcare companies in the wake of the pandemic have created a significant demand for virtual event tools.

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Virtual Events Market Report Highlights

• In terms of type, the external events segment captured a revenue share of nearly 41.0% in 2022 due to the increased adoption of virtual event tools by businesses to communicate with external entities
• In terms of establishment size, the large enterprise segment accounted for around 50.0% share in 2022 with increasing demand for virtual communication tools to ensure smooth workflow across multiple geographic locations
• In terms of service, the training segment is estimated to record a CAGR of over 20.0% from 2023 to 2030. The increasing significance of skill development for the employees within organizations supports segment growth
• In terms of application, the exhibitions/trade shows segment captured a significant share of nearly 31.0% in 2022 owing to growing business needs to evaluate the competition, market their products and services, and track the latest trends and prospects within the industry
• The enterprise end-user segment accounted for around 56.0% of revenue share in 2022 and is expected to record a significant growth rate over the forecast period
• In terms of industry vertical, the BFSI segment is estimated to record a growth rate of nearly 21.0% from 2023 to 2030 due to the high adoption of virtual platforms to facilitate secure transactions and convenient banking services
• Based on use-case, the large-scale events segment is estimated to grow at a CAGR of over 18.0% from 2023 to 2030 due to increasing demand for online platforms to plan and host massive marketing events and new product introductions to reach a broad audience worldwide
• North America accounted for the largest revenue share in 2022 due to the availability of advanced networking infrastructure, early adoption of the latest technologies, and higher demand for digitally simulated platforms

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Virtual Events Market Segmentation

Grand View Research has segmented the global virtual events market based on event type, service, establishment size, end-user, application, industry vertical, use-case, and region:

Virtual Event Type Outlook (Revenue, USD Million, 2018 - 2030)

• Internal Event
• External Event
• Extended Event

Virtual Events Service Outlook (Revenue, USD Million, 2018 - 2030)

• Communication
• Recruitment
• Sales & Marketing
• Training

Virtual Events Establishment Size Outlook (Revenue, USD Million, 2018 - 2030)

• SMBs
• Large Institutions

Virtual Events End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Educational Institution
• Enterprises
• Organizations
• Others

Virtual Events Application Outlook (Revenue, USD Million, 2018 - 2030)

• Conferences
• Exhibitions/Trade Shows
• Summits
• Others

Virtual Events Industry Vertical Outlook (Revenue, USD Million, 2018 - 2030)

• BFSI
• Consumer Electronics
• Healthcare
• Information Technology
• Manufacturing
• Media & Entertainment
• Telecom
• Others

Virtual Events Use-Case Outlook (Revenue, USD Million, 2018 - 2030)

• Everyday Events
• Large-scale Events

Virtual Events Region Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Virtual Events Market

• 6Connex
• ALIVE
• Avaya LLC
• ALE International
• NTT Limited
• Cisco Systems Inc.
• Cvent Inc.
• EventX Limited
• George P.Johnson
• GES
• Kestone
• Martiz Holdings Inc.
• Microsoft Corporation
• Pathable
• uBivent GmbH
• Veritas Events
• vFairs
• Zoom Communications Inc.

About Grand View Research

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

U.S. Demand for Cold Storage Market Increasing in Most Part of World 2030

 U.S. Cold Storage Market Growth & Trends

The U.S. cold storage market size is estimated to reach USD 96.90 billion by 2030, expanding at a CAGR of 13.6% over the forecast period, according to the new research conducted by Grand View Research, Inc. The U.S. is widely regarded as one of the leading markets in developing technologies responsible for the effective management of cold storage processes. The pharmaceutical industry is expected to offer growth opportunities to the market. Inventory management of pharmaceutical goods, such as vaccines and medicines, is an expensive process that necessitates adequate security measures to maintain product quality. Advanced cold storage technologies that offer beneficial features, such as advanced refrigeration technologies and monitoring and tracking systems of various products like fruits and vegetables, significantly mitigate the possibility of wastage of temperature-sensitive goods.

The market growth is profoundly influenced by the massive demand for perishable goods worldwide along with the availability of food and health supplies, and economic & political scenarios. For instance, trade conflicts between the U.S. and China are expected to impact the growth negatively. In March 2018, the U.S. imposed a 25% tariff on steel and 10% on aluminum imported from China. China, in turn, announced a 15-25% tariff on products imported from the U.S., including pork, fruits, wine, nuts, and vegetables. These high tariffs imposed on food and agriculture products are expected to hinder the market growth.

Furthermore, outsourcing cold and frozen storage operations offer manufacturers various cost benefits. This can help eliminate costs associated with warehouse space and management, technology, transportation, and labor. Operational costs such as employee salaries, heating and cooling expenses, insurance, and electric power cost can also be reduced by working with supply chain partners. As a result, manufacturers can increase their profit margins and focus on core business activities such as quality product manufacturing, expanding customer base, and customer needs satisfaction.

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U.S. Cold Storage Market Report Highlights

• Rising demand for healthy food, import and export of refrigerated foods, and increasing private sector participation are expected to propel market growth
• The provision of cold storage facilities assists in extending the shelf life of perishable goods such as fresh agricultural produce and frozen foods
• Growing automation in warehouse management is anticipated to spur the growth over the forecast period
• Solar-powered refrigeration is gaining popularity in the storage and transportation of vaccines and various temperature-sensitive drugs
• Numerous initiatives undertaken to reduce wastage of post-harvest and processed foods are also expected to boost the market

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U.S. Cold Storage Market Segmentation

Grand View Research has segmented the U.S. cold storage market based on warehouse type, construction type, temperature type, application, and state:

U.S. Cold Storage Warehouse Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Private & Semi-private
• Public

U.S. Cold Storage Construction Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Bulk Storage
• Production Stores
• Ports

U.S. Cold Storage Temperature Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Chilled
• Frozen

U.S. Cold Storage Application Outlook (Revenue, USD Billion, 2017 - 2030)

• Fruits & Vegetables
• Dairy
• Fish, Meat & Seafood
• Processed Food
• Pharmaceuticals

U.S. Cold Storage State Outlook (Revenue, USD Billion, 2017 - 2030)

• Maine
• Massachusetts
• Vermont
• New Jersey
• New York
• Pennsylvania
• Delaware
• Florida
• Georgia
• Maryland
• North Carolina
• South Carolina
• Virginia
• Illinois
• Indiana
• Michigan
• Ohio
• Wisconsin
• Alabama
• Kentucky
• Mississippi
• Tennessee
• Iowa
• Kansas
• Minnesota
• Missouri
• Nebraska
• North Dakota
• South Dakota
• Arkansas
• Louisiana
• Oklahoma
• Texas
• Arizona
• Idaho
• Mexico
• Utah
• California
• Oregon
• Washington
• Others

List of Key Players in the U.S. Cold Storage Market

• Americold
• AGRO Merchants Group North America
• Burris Logistics
• Henningsen Cold Storage Co.
• Lineage Logistics Holdings, LLC
• Nordic Logistics
• Preferred Freezer Services
• VersaCold Logistics Services
• United States Cold Storage
• Wabash National 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.

Human Resource Management Market Industry Analysis , Opportunity Assessment And Forecast Till 2030: Grand View Research Inc.

 Human Resource Management Market Growth & Trends

The global human resource management market size is expected to reach USD 56.15 billion by 2030, expanding at a CAGR of 12.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The trend of digitization in Human Resource Management (HRM) for increased efficiency and integration of technologies for analytics, mobile application, and cloud-based deployment is expected to drive the growth of the market. The trend of full-time remote work post pandemic is anticipated to drive the market demand. Moreover, as enterprises are expanding, it is anticipated that they will use HRM for efficient tracking and monitoring of human resources to reduce loss of time on idleness and increase productivity.

Furthermore, most of the buyers of HRM solutions include small & medium enterprises opting for HRM solutions due to the trend of switching from conventional HR activities to software based to aid in strategic decision-making processes. The popularity of HRM solutions is growing as organizations are emphasizing on talent acquisition and workforce planning to address the challenges associated with retaining human capital. Subsequently, large enterprises are exploring for a single solution for all their HR functionalities to integrate all departments and have a centralized control and monitoring function. For instance, in March 2023, Workday, Inc. announced its partnership with EZCORP, a U.S. based key supplier of pawn transactions having operations across the U.S., Canada, and Latin America. In this partnership, EZCORP aims to Automate its financial processes using the Workday Financial Management tool, use the Workday Adaptive Planning solution to make informed and data-driven decisions and leverage the Workday Human Capital Management tool to enhance employee experience.

Additionally, advances in the field of AI, ML, and predictive analytics have resulted in the integration of HRM solutions with analytics. Startups are developing mobile applications and collaboration software that can provide employers and employees the flexibility required to access the information on the go. On the other hand, the use of predictive analytics is expected to increase demand for HRM software as it helps in deriving inferences regarding continuous employee progress through various charts and infographics.

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Human Resource Management Market Report Highlights

• Based on component, the software segment accounted for the largest market share of around 70% in 2022 due to growing trend of digitization and analytical based HRM software
• Based on deployment, the on-premise segment accounted for the largest market share of more than 55% in 2022 as a result of the greater control and privacy over enterprise data
• Based on enterprise size, the small and medium enterprise segment is expected to expand at the highest CAGR over the forecast period to improve employee retention and increase workforce efficiency
• Based on geography, North America recorded the highest market share of around 35% in 2022 due to the trend of cloud-based technology in the region and demand for HRM solutions to address payroll, attendance, talent management, and other queries

Access Press Release@ https://www.grandviewresearch.com/press-release/global-human-resource-management-hrm-market

Human Resource Management Market Segmentation

Grand View Research has segmented the global human resource management market based on component, software, services, deployment, enterprise size, end-use, and region:

Human Resource Management Component Outlook (Revenue, USD Billion, 2018 - 2030)

• Software
• Service

Human Resource Management Software Outlook (Revenue, USD Billion, 2018 - 2030)

• Core HR
• Employee Collaboration & Engagement
• Recruiting
• Talent Management
• Workforce Planning & Analytics
• Others

Human Resource Management Service Outlook (Revenue, USD Billion, 2018 - 2030)

• Integration & Deployment
• Support & Maintenance
• Training & Consulting

Human Resource Management Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Hosted
• On-premise

Human Resource Management Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Large Enterprise
• Small & Medium Enterprise (SME)

Human Resource Management End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Academia
• BFSI
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Others

Human Resource Management Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Human Resource Management Market

• Accenture
• ADP, Inc.
• Cegid
• Ceridian HCM, Inc.
• Cezanne HR Limited.
• International Business Machines Corp. (IBM)
• Kronos Incorporated
• Mercer LLC
• Oracle
• PwC
• SAP SE
• UKG, Inc.
• Workday, 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.

Paint Protection Film Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Paint Protection Film Market Growth & Trends

The global paint protection film market size is expected to reach USD 739.40 million by 2030, registering a CAGR of 5.6% during the forecast period, according to a new report by Grand View Research, Inc. The shift in consumer preference towards keeping the vehicle’s finish intact, coupled with the rising awareness for automobile maintenance, is expected to boost the demand for paint protection films (PPFs).

Automobile manufacturers saw the added advantage of using these films when they started applying these films on new vehicles. Paint protection film usage in the electrical & electronics sector for mobile phones, keyboards, and screens has increased owing to the increasing consumer awareness regarding the benefits of the product, which can drive the consumption of paint protection film during the forecast period.

Among the product segment, the thermoplastic polyurethane (TPU) segment accounted for a share of 83.00% of the paint protection film market in 2021. High-performance characteristics offered by thermoplastic polyurethane (TPU) in the form of improved elongation, increased durability, and enhanced chemical resistance are the factors expected to drive demand for the thermoplastic polyurethane (TPU) used for manufacturing paint protection films during the forecast period.

Based on application, the automotive & transportation segment accounted for the largest share of 72.67% in the paint protection film market in 2021. This segment is expected to continue dominating the market during the forecast period. The benefits offered by paint protection films are leading to their augmented usage in the global automotive industry as they protect vehicles against debris, gravel, and dust. These films help in maintaining the aesthetic appeal of the vehicles.

Asia Pacific accounted for the largest volume share of 38.10% of the global paint protection film market in 2021. This region is expected to continue dominating the market during the forecast period. Growth of the market in Asia Pacific can be attributed to the increased penetration of paint protection films in the automotive industry within the region, along with the surging demand for premium vehicles in Asia Pacific.

Leading manufacturers of paint protection films have adopted the strategies of mergers & acquisitions and new product launches to maintain their shares in the market. For instance, in June 2022, HEXIS S.A.S. introduced three new series of paint protection films under the HEXIS BODYFENCE range. These new film series are BFWIDE, DFENCEXTRM, and BODYFENCEXM. The self-healing properties of these films have enabled HEXIS S.A.S. to expand its product reach in the automotive industry.

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Paint Protection Film Market Report Highlights

• The automotive industry is expected to dominate the paint protection film market in the Asia Pacific during the coming years owing to the increasing penetration of these films in the countries of the region. The car production volume of Asia Pacific increased from 44.3 million units in 2020 to 46.7 million units in 2021 as per the data provided by OICA, with a considerable increase in the percentage share of premium cars till 2020
• Paint protection films made up of thermoplastic polyurethane are substantially more resistant to fading and discoloration. These TPU films' adhesives have also been changed to make them simpler to remove. Together, these two elements do a considerably better job of protecting the original car paint than the paint protection films of the past
• Automotive & transportation has been the highest-penetrating application segment for the paint protection film market in the recent past. This is attributed to the increasing application scope in vehicle parts such as front bumpers, side mirrors, rocker panels, door handle cavities, hoods, door edges, and rear fender panels. Rising consumer awareness regarding the protection offered by paint protection films to vehicles with the cost associated with repainting is expected to drive consumption of paint protection film in the automotive & transportation segment
• Paint protection films have a life expectancy of 5 to 10 years. However, once damaged, they need to be removed and replaced. Furthermore, there are several small inferior paint protection film products and knockoffs available in the market that have a low lifespan. Such films lead to constant replacement, which adds to the plastic film waste. Although the plastic recycling industry across the globe is witnessing significant growth, the recycling of plastic films still poses a significant challenge for plastic recyclers

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Paint Protection Film Market Segmentation

Grand View Research has segmented the global paint protection film market based on the material, application, and region:

Paint Protection Film Material Outlook (Volume, Thousand sq. Meter; Revenue, USD Million, 2019 - 2030)

• Thermoplastic Polyurethane (TPU)
• Polyvinyl Chloride (PVC)
• Others

Paint Protection Film Application Outlook (Volume, Thousand sq. Meter; Revenue, USD Million, 2019 - 2030)

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

Paint Protection Film Regional Outlook (Volume, Thousand sq. Meter; Revenue, USD Million, 2019 - 2030)

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

List of Key Players in the Paint Protection Film Market

• 3M
• XPEL Inc.
• Schweitzer-Mauduit International, Inc.
• Eastman Chemical Company
• Avery Dennison Corporation
• Saint-Gobain S.A.
• RENOLIT SE
• Ziebart International Corporation
• Hexis S.A.S
• Garware Hi-Tech Films Ltd.

About Grand View Research

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

Facade Market Get Facts About Business Strategies 2021 to 2028: Grand View Research Inc.

 Facade Market Growth & Trends

The global facade market size is expected to reach USD 336.6 billion by 2028, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% from 2021 to 2028. The market is estimated to witness healthy growth over the forecast period owing to the development of advanced materials with capabilities that offer safety as well as visually appealing texture. Moreover, this exterior building face carries the attribute of both appearance and superior performance in a mode, unlike any other building system, which is expected to fuel the demand for the product over the next few years. The soaring need to lower heating and air-conditioning costs and achieve energy-efficiency is slated to stir up the demand for facades over the coming years. Growing focus on the development of sustainable products is likely to work in favor of the market.

The burgeoning popularity of green buildings and surging demand for high-transparency glasses that allow passage of light, while maintaining heat resistance, are poised to shape the future of the market. The market is projected to witness the application for high-performance and energy-saving solar control facades, which will contribute to higher economic benefits and eco-sustainability. Furthermore, the initiatives and regulations by government bodies, technological advancements, and the need for energy conservation are estimated to propel the market growth over the next seven years. The Green Building Initiative (GBI), a non-profit building assessment and certification organization in the U.S., awards ratings and prescribes principles for reducing the environmental impact. Such principles opted by companies may further spur the growth of the smart buildings industry, thereby stimulating the demand for smart building monitoring through facades.

Incidences of severe building fires have prompted public concern over the safety of facade materials. Facade materials play a vital role in fire safety as it is the outer part of the building that is directly in contact with fire. In addition, it is essential to select the cladding material at the design stage based on material combustion characteristics to significantly protect the buildings from fire. Thus, it is estimated to fuel the overall façade demand globally from 2021 to 2028.

Furthermore, the ongoing COVID-19 pandemic has had an adverse impact on the overall construction and real estate industry and subsequently, hampered market growth. However, with the announcement of economic relief packages across key countries, such as the U.S., India, the U.K., Germany, and others, the demand for facades is anticipated to see notable growth over the next seven years.

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Facade Market Report Highlights

• By product, the ventilated facades segment is anticipated to exhibit the fastest CAGR over the forecast period owing to its energy-saving advantages and rich aesthetics
• Various government initiatives towards infrastructure development and a rise in the PPP model are encouraging the construction of commercial properties across the globe, which is subsequently propelling the market growth
• The commercial end-use segment held the leading revenue share in 2020 owing to the significant adoption of façade products for buildings in commercial applications, such as offices, airports, stadiums, and hotels, globally
• Asia Pacific dominated the market with a share of over 35.0% in 2020 owing to the growing construction of new commercial and industrial buildings in China, India, and Southeast Asia
• Several prominent players are strategically concentrating on establishing partnerships and agreements to acquire big projects in order to boost their overall sales and profitability

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

Facade Market Segmentation

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

Facade Product Outlook (Revenue, USD Million, 2017 - 2028)

• Ventilated Facades
  • Curtain walls
  • Others
• Non-ventilated Facades
• Others

Facade End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Commercial
• Residential
• Industrial

Facade Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Poland
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)
  • Saudi Arabia
  • Kuwait
  • Bahrain
  • Qatar
  • UAE
  • Oman

List of Key Players of Facade Market

• Rockpanel Group (ROCKWOOL B.V.)
• Aluplex
• Bouygues
• Enclos
• EOS Framing Limited
• Saint-Gobain Group
• AFS International B.V.
• Kingspan Group
• Lindner Group
• Fundermax
• Gartner (Permasteelisa Group)
• HansenGroup
• Hochtief
• National Enclosure Company, LLC.
• Schuco International (OTTO FUCHS KG)
• Skanska
• Trimo d.o.o.
• Norsk Hydro ASA
• YKK AP 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.