Industrial Hemp Market to Register Stable Expansion During 2024 – 2030: Grand View Research Inc.

 Industrial Hemp Market Growth & Trends 

The global industrial Hemp Market size was valued at USD 16.82 billion in 2030 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2030. The rising product demand from industries, such as agriculture, textiles, personal care, recycling, furniture, food & beverage, paper, and construction materials, is projected to propel market growth. Hemp is increasingly being used in medicinal products and nutritional supplements. The high nutritional values and beneficial fatty acid and protein profile of hemp are driving the demand for hemp products in the market. In addition, hemp oil is used in shampoos, soaps, lotions, bath gels, and other cosmetics, further benefiting the industry growth.

The strength to weight ratio, high tensile strength, and flexural strength of industrial hemp offer desired benefits in bio-composites for automotive parts, fiberboard, aerospace, and packaging. Furthermore, the product demand from the textile, paper, and building materials markets is growing on account of its favorable acoustic and aesthetic properties. The rising demand for eco-friendly products in construction materials, fiberglass alternatives, thermal insulation, and automotive products is expected to promote market growth. The growing demand for technical products, such as varnishes, oil paints, fuel, solvents, chain-saw lubricants, printing inks, putty, and coatings, is expected to have a positive impact on the market growth.

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Industrial Hemp Market Report Highlights

• The seeds product segment accounted for the maximum revenue share in 2022 owing to the increased product usage in nutritional supplements &medicinal and therapeutic products, such as pharmaceuticals
• The product demand in the personal care industry is anticipated to grow at the fastest CAGR from 2022 to 2030 as it increases the skin’s natural ability to retain moisture
• The animal care segment also accounted for a significant revenue share in 2021 on account of the high demand for hemp shivs and leaves in animal bedding as their low dust properties make it highly preferable for animals having respiratory issues
• The market for industrial hemp in North America is expected to grow at the fastest CAGR from 2022 to 2030 owing to the legalization of hemp production coupled with the technological advancements in harvesting and use of hemp fiber and hurds
• Asian countries, such as China, have a significant tradition of hemp production and exports, which has allowed these countries to dominate the global market

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Industrial Hemp Market Segmentation

Grand View Research has segmented the global Industrial Hemp Market report based on product, application, and region

Industrial Hemp Product Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Seeds
• Fiber
• Shivs

Industrial Hemp Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Animal Care
• Textiles
• Automotive
• Furniture
• Food & Beverages
• Paper
• Construction Materials
• Personal Care
• Other

Industrial Hemp Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Industrial Hemp Market

• Parkland Industrial Hemp Growers Cooperative Ltd.
• CBD Biotechnology Co.
• Botanical Genetics, LLC
• Marijuana Company of America Inc.
• HempMeds Brasil
• Terra Tech Corp.
• American Cannabis Company, Inc.
• HempFlax B.V.
• Industrial Hemp Manufacturing, LLC
• American Hemp
• Hemp, Inc.
• Boring Hemp Company
• Plains Industrial Hemp Processing Ltd.
• Ecofiber Industries Operations
• Valley Bio Limited

About Grand View Research

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

Industrial Coatings Market Poised to Expand at a Robust Pace of USD 106.64 Billion Over 2030: Grand View Research Inc.

 Industrial Coatings Market Growth & Trends

The global industrial coatings market size is expected to reach USD 106.64 billion by 2030, growing at a CAGR of 2.5% over the forecast period, according to a new study by Grand View Research, Inc. Increasing product demand from the general industry, automotive & refinish, oil & gas, marine, mining, power generation, electronics, aerospace, and other application industries is expected to propel market growth. Industrial coatings are widely used in general industrial applications, such as in heat exchangers, steel structures, containers, concrete, furniture, appliances, and material handling equipment, to protect them from heat and humidity. It also helps protect equipment against corrosion, abrasion, and chemical attack, thereby improving product efficiency.

Emerging economies, such as Brazil, China, and India, are expected to provide new growth opportunities for the market on account of rapid industrialization. The presence of a large number of manufacturers is also projected to fuel the demand for industrial coatings for general industrial applications. However, the outbreak of COVID-19 in China and other countries, including India, Australia, Thailand, and Japan, resulted in the lockdown of major cities and caused a sharp slowdown in the manufacturing industries, which hindered market growth. Based on the product segment, alkyd is anticipated to grow at a substantial growth rate over the forecast period. Alkyd coatings are used in an industrial environment majorly for metal coatings. These coatings have good gloss & color retention and corrosion resistance properties.

They increase the durability of metal, which finds application in the coating of various structures, such as bridges, towers, oil & gas plants, automotive parts, and marine vessels. Rising product demand is also attributed to its expanding application scope in the construction, automotive, and oil & gas industries. The presence of low VOC contents is expected to drive the segment growth in matured Europe market and the U.S. and Canada. The powder-based coatings segment is projected to witness a considerable growth rate during the forecast period. It is more durable and eco-friendlier compared to its counterparts. Powder coatings have negligible VOC content due to the absence of solvents and thus, they comply more efficiently and economically with the Environmental Protection regulations.

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Industrial Coatings Market Report Highlights

• Asia Pacific dominated the global industry in 2022 and will expand further at the fastest CAGR during the forecast period
• The acrylic product segment led the industry in 2022 owing to its rising demand in various end-use industries
• Powder-based coatings are widely used in agricultural equipment, automotive, machine components, mechanical parts & building facades, and electrical fixtures to prevent corrosion and provide a thicker coating
• Increasing demand for farming equipment, such as tractors, in Brazil, India, and China is expected to boost the demand for powder-based industrial coatings
• Various strategic initiatives were recorded over the past few years to boost the industry growth

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Industrial Coatings Market Segmentation

Grand View Research has segmented the global industrial coatings market on the basis of product, technology, end-use, and region:

Industrial Coatings Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Acrylic
• Alkyd
• Polyurethane
• Epoxy
• Polyester
• Others

Industrial Coatings Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Solvent-borne
• Water-borne
• Powder-based
• Others

Industrial Coatings End-user Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• General Industrial
• Marine
• Automotive & Vehicle Refinish
• Electronics
• Aerospace
• Oil & Gas
• Mining
• Power Generation
• Others

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

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

List of Key Players of Industrial Coatings Market

• Akzo Nobel N.V.
• Axalta Coating Systems, LLC
• Jotun
• PPG Industries, Inc.
• The Sherwin-Williams Company
• Nippon Paint Holdings Co., Ltd.
• Hempel A/S

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.

Event Management Software Market Forecast 2030: Top Companies, Trends and Growth Factors Details for Business Development

 

Event Management Software Market Growth & Trends

The global event management software market size is expected to reach USD 17.33 billion by 2030 and grow at a CAGR of 12.5% from 2023 to 2030, according to a recent report from Grand View Research, Inc. To improve event experiences, the market will be increasingly associated with emerging technology. It involves incorporating virtual reality (VR), augmented reality (AR), robotics, and mixed reality (MR) into event venues to create immersive and interactive environments. Integration with IoT devices and wearables provides improved event tracking, customized experiences, and seamless interaction.Event management software focuses on providing customized event experiences and boosting engagement among attendees.

Software solutions are designed to respond to individual attendee preferences via features, such as customized agendas, targeted communications, and AI-powered suggestions, delivering a more personalized and interactive event engagement. Such software automates the process of registering and ticketing operations. It offers online application forms, computerized ticketing, secured payment handling, and attendance database administration. It facilitates attendance registration, reduces paperwork, eliminates errors, and allows organizations to gather and handle attendee data more effectively. It also handles sensitive participant data, such as financial and personal information. However, data privacy and security concerns can be significant roadblocks for enterprises evaluating the adoption of this software.

To address these issues, software suppliers aim to prioritize robust safety precautions, data encryption, compliance with data privacy rules, and clear data management practices. The industry is projected to expand significantly during the forecasted period with a wide range of events happening worldwide. This growth strengthens the product demand to handle the complicated aspects of event organization, enrollment, administrative tasks, and logistics. For instance, in March 2023, Whova announced that its event registration system is now available in 39 countries, with newly added 16 countries in the list. This initiative is expected to help Whova in expanding its global reach and serve customers globally.

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Event Management Software Market Report Highlights

• The services segment is anticipated to observe a CAGR of 13.3% during the forecast period. Event management software services assist firms in customizing and integrating software to meet their particular needs. The service vendors customize the software to fit the organization's identity, workflows, and event needs
• The cloud segment is anticipated to observe a CAGR of 13.7% during the forecast period. Cloud-based software combines smoothly with other business applications, such as customer relationship management, advertising automation, and accounting software. This interface improves data flow by eliminating the need for manually entering data and verification
• Small and medium-sized enterprises (SMEs) are anticipated to observe a CAGR of 13.0% during the forecast period. Rising awareness among SMEs about event management software, as well as its affordability, flexibility, and potential to improve attendee experiences, is driving segment growth. Software vendors are also progressively adapting solutions to the specific needs and budgets of SMEs, propelling the product adoption
• The corporate segment is anticipated to observe a CAGR of 14.7% during the forecast period.The need for effective customer service, efficient event planning, data-driven decision-making, and the capacity to automate complicated event operations drives the need for corporate event management software. As the market evolves, market players are developing & improving their services to meet corporate organizations' specific needs and problems
• Asia Pacific is expected to grow at the fastest CAGR of 14.5% from 2023 to 2030. The region has seen major developments in information technology and interconnectivity. High-speed internet connectivity, extensive smartphone penetration, and a robust digital environment are driving market growth in this region

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Event Management Software Market Segmentation

Grand View Research has segmented the global event management software market based on component, deployment, enterprise size, application, and region:

Event Management Software Component Outlook (Revenue, USD Billion, 2018 - 2030)

• Software
  • Event Planning
  • Event Marketing
  • Venue & Ticket Management
  • Analytics and Reporting
  • Others
• Services
  • Professional Services
    • Consulting
    • Deployment & Integration
    • Support & Maintainence
  • Managed Services

Event Management Software Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Cloud
• On-premises

Event Management Software Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Small and Medium-sized Enterprises (SMEs)
• Large enterprises

Event Management Software Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Event Organizers & Planners
• Corporate
• Government
• Education
• Others

Event Management Software Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Event Management Software Market

• Active Network LLC
• Arlo
• Stova
• Bitrix24
• com
• Hopin
• webMOBI
• Whova
• Certain, Inc.
• Cvent, Inc.
• EMS Software LLC
• EventBrite
• Rainfocus
• Ungerboeck
• Zoho Corporation Pvt. 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.

Flexible Plastic Packaging Market Top Companies, Trends and Growth Factors Details for Business Development by 2025

 The Report Flexible Plastic Packaging Market Size, Share & Trends Analysis Report By Material (Polyethylene, Polyamine, PVC), By Type (Flat Pouches, Stand-Up Pouches), By Application, And Segment Forecasts, 2018 - 2025

The global flexible plastic packaging market size is projected to reach USD 179.69 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% during the forecast period. Significant demand for the product in the food & beverage and healthcare industries is a key growth stimulant for the market.

Polyethylene is the most widely used material for the production of flexible plastic packaging. The segment is expected to account for the largest share in the market during the forecast period owing to its abundant availability and considerable decline in manufacturing costs. In terms of type, the demand for flat pouches is estimated to register significant rise over the same period owing to its applicability in various industries. These pouches are preferred for their convenience regarding storage and transportation.

The demand for the product in the food & beverage industry is backed by growing popularity of stand-up pouches and flat pouches on retail shelves. The pharmaceutical industry offers a lucrative opportunity for the global flexible plastic packaging market owing to increasing health awareness among consumers, burgeoning popularity of convenient packaging, and a substantial increase in processing units (product) from a manufacturer’s standpoint.

In this regard, Europe has also contributed significantly to the growth of the pharmaceutical industry, thereby strengthening the flexible plastic packaging market in the region. Some of the key countries that have witnessed upswing in the demand for pharmaceutical products are Belgium, Denmark, France, Germany, Ireland, Italy, and Switzerland.

Asia Pacific is likely to be a promising destination for flexible plastic packaging manufacturers, notably emerging countries such as China, Japan, and India. Manufacturers are focusing on setting up their manufacturing plants close to sources of raw materials in the region, on account of their cheap availability. Low labor cost is another factor that is attracting manufacturers to strengthen businesses in this region. Asia Pacific is also the largest market for beverages. This has offered lucrative opportunities to manufacturers to cater to packaging requirements of the beverage industry in the region.

Access Research Report of Flexible Plastic Packaging Market @ https://www.grandviewresearch.com/industry-analysis/flexible-plastic-packaging-market

Further key findings from the report suggest:

• In terms of volume, the healthcare application segment is anticipated to reach 29.12 million tons by 2025, at a CAGR of 2.7% during the forecast period
• In terms of revenue, the food & beverage segment is expected to witness the fastest growth over the forecast period, owing to benefits offered by the product such as decreased scrap and easy processing.
• In terms of volume, the PE segment dominated the market in 2017 with a share of approximately 26.0%. It is expected to retain its prominent position over the forecast period
• In terms of revenue, the segment for stand-up pouches is anticipated to account for a market share of 65.7% by 2025. The flat pouches segment is expected to register the fastest growth over the forecast period, owing to ease of manufacturing process coupled with significant demand for the product
• The industry for flexible plastic packaging is highly competitive with presence of various well-established players with extensive product portfolios
• Key market participants in the market include Sigma Plastics Group, Amcor Limited, Sealed Air Corporation, Constantia Flexibles Group, ProAmpac, Mondi plc, and Coveris Holding S.A.

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Grand View Research has segmented the global flexible plastic packaging market on the basis of material, type, application, and region.

Flexible Plastic Packaging Material Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• PE
• PP
• PA
• PVC
• PS
• Others

Flexible Plastic Packaging Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Stand-Up Pouches
• Flat Pouches
• Rollstocks
• Others

Flexible Plastic Packaging Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Food & Beverage
• Healthcare
• Personal care
• Others

Flexible Plastic Packaging Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

About Grand View Research

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

Immunoassay Market to Exhibit Impressive Growth During 2023– 2030: Grand View Research Inc.

 Immunoassay Market Growth & Trends 

The global immunoassay market size is expected to reach USD 45.15 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.31% from 2023 to 2030. The introduction of PoC rapid tests and automated immunoassay analyzers is boosting market growth. In addition, the rising number of chronic and infectious diseases is leading to high market growth.

According to the American Cancer Society, there were an estimated 16.9 million cancer patients/survivors in 2020. Around 1.8 million cancer cases were diagnosed in the U.S., according to the National Cancer Institute 2019 data. According to the American Cancer Society, nearly 606,880 deaths occurred due to cancer in the U.S. in 2019. Thus, the rise in the number of cancer cases being diagnosed is driving the demand for immunoassays. This is expected to boost the market growth in the coming years.

Furthermore, growing awareness regarding infectious diseases and preventive measures has led to a high demand for rapid diagnostic test products, thereby increasing sales. Based on a survey by the WHO on the World malaria report 2018, manufacturers reported sales of 276 million for lateral flow assays in 2017. It also reported that around 75.0% of malaria cases were diagnosed using lateral flow assays in sub-Saharan Africa in 2017.

Several smartphone-based devices and associated tools have emerged as next-generation point-of-care diagnostics or testing devices, thereby boosting the market growth. For instance, a smartphone application combined with the autonomous capillary microfluidic chip is used for the rapid testing of cardiac troponin I in myocardial infarction. This platform can be easily used in resource-limited settings, providing test results within 12 minutes. Thus, novel technological advancements are anticipated to further drive the market over the forecast period.

The first implementation of the Atellica immunoassay solutions with Aptio automation in the United States was announced by Siemens Healthcare GmbH in April 2018. The objective of this product was designed to promote advanced technological products in the U.S. In December 2020, Beckman Coulter, a Danaher business, introduced its first high-quality as well as throughput assay for the COVID-19 antigen detection, officially named Access SARS-CoV-2 Antigen assay. In July 2018, Cygnus Technologies and Gyros Protein Technologies collaborated to produce immunoassay to identify biotherapeutic toxins. The two companies' strategic alliance will primarily focus on offering bioanalytical solutions and increasing biotherapeutics manufacturing efficiencies.

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Immunoassay Market Report Highlights

• In 2022, the Enzyme Immunoassays (EIA) technology segment held the largest revenue share as this technique is used for detecting specific antigens or antibodies in samples. This technique aids in the precise detection of chronic and infectious diseases
• The rapid test technology segment held a significant revenue share in 2022 due to the rise in demand for early diagnosis
• The infectious disease testing application segment dominated the market in 2022 due to the rise in the incidence of infectious diseases such as HIV, malaria, influenza, and the novel COVID-19
• The clinical laboratories end-use segment is anticipated to grow at a rapid pace over the forecast period owing to the increasing establishment of diagnostic labs in key regions and the large number of tests being conducted by them
• North America accounted for the largest revenue share in 2022. Well-established  healthcare infrastructure and the easy availability of technologically advanced instruments in the U.S. are some of the leading factors fueling the growth of this regional market

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Immunoassay Market Segmentation

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

Immunoassay Product Outlook (Revenue, USD Million, 2018 - 2030)

• Reagents & Kits
  • ELISA Reagents & Kits    
  • Rapid Test Reagents & Kits          
  • ELISPOT Reagents & Kits              
  • Western Blot Reagents & Kits    
  • Other Reagents & Kits  
• Analyzers/Instruments
  • Open Ended Systems
  • Closed Ended Systems
• Software & Services

Immunoassay Specimen Outlook (Revenue, USD Million, 2018 - 2030)

• Blood  
• Saliva    
• Urine    
• Other Specimens      

Immunoassay Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Radioimmunoassay (RIA)
• Enzyme Immunoassays (EIA)Rapid Test
  • Chemiluminescence Immunoassays (CLIA)
  • Fluorescence Immunoassays (FIA)
• Others

Immunoassay Application Outlook (Revenue, USD Million, 2018 - 2030)

• Therapeutic Drug Monitoring
• Oncology
• Cardiology
• Endocrinology
• Infectious Disease Testing
• Autoimmune Diseases
• Others

Immunoassay End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Blood Banks
• Clinical Laboratories
• Pharmaceutical and Biotech Companies
• Academic Research Centers
• Others

Immunoassay Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Immunoassay Market

• Siemens Healthineers
• bioMérieux SA
• Abbott Laboratories
• Danaher Corporation (Beckman Coulter)
• Quidel Corporation
• Ortho Clinical Diagnostics
• Sysmex Corporation
• Bio-Rad Laboratories, Inc.
• Becton, Dickinson, and Company
• Hoffmann-La Roche AG
• Thermo Fisher Scientific, 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.

Enterprise Video Market to Register Stable Expansion During 2022 – 2030: Grand View Research Inc.

 Enterprise Video Market Growth & Trends

The global enterprise video market size is expected to reach USD 48.85 billion by 2030, registering a CAGR of 13.8% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The drastic rise in the number of online video viewers is playing a major role in driving the market growth. According to the popular video streaming platform, YouTube, it has over 2 billion users, and around 5 billion videos are watched every day on the site. Moreover, several businesses are now including video as a part of their content marketing strategy, which, in turn, is positively influencing the market statistics.

The growth of the market is being further proliferated by the burgeoning demand for video conferencing and webcasting solutions across various organizations. They use these services to improve the collaboration between internal and external stakeholders and facilitate effective customer engagement.

The synergy between enterprise video and digital signage has helped organizations increase their brand awareness, product awareness, and customer engagement which will drive the market growth in the upcoming years. For instance, banks use signage and kiosks at branch locations to develop distinguished business strategies and create customer value. It helps banks to promote their products and services, such as loans, credit cards, etc.

Moreover, several venture capital firms are now providing funds to the startups developing enterprise video solutions. For instance, in March 2022, an Indian startup 100ms, Inc., engaged in the development of live video conferencing infrastructure, raised USD 20 million in a Series A funding round to enhance the next-generation video apps. The major players in the market are introducing innovative live streaming applications to gain a competitive edge in the industry. For instance, IBM Corporation provides an IBM Video Streaming platform that helps users broadcast multiple live-streamed content. This platform offers full control to the organizations over the content.

The emergence of the COVID-19 pandemic created remunerative opportunities for the enterprise video market due to increased demand for video conferencing solutions across various organizations and government institutions. As a response to the global health crisis, the governments across various countries are now allocating funds to the law enforcement agencies to help them incorporate enterprise video solutions to conduct their operations. To illustrate, in April 2020, the Ohio Supreme Court announced to allocate USD 4 million to the high courts for deploying video conferencing systems.

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Enterprise Video Market Report Highlights

• The video content management segment is expected to gain traction with increasing investments in the social media and content sharing platforms by the gaming companies to target potential customers
• The managed services segment is anticipated to grow significantly with the increased consumer demand as these services help in saving costs. These services cut the recurring in-house costs by around 30 to 40%
• The increasing emphasis on cloud deployment by the major tech companies such as Amazon Web Services, Inc., and Microsoft to establish robust security and compliance standards, is expected to enhance the cloud segment outlook
• The marketing and client engagement segment is set to record a substantial CAGR of 14.5% with rising demand for influencers across numerous advertising and marketing firms
• The SME segment is estimated to witness a CAGR of more than 15.4% through 2030 owing to the increasing demand for freemium services, such as the one offered by Zoom Video Communications, Inc
• The healthcare segment in the market is expected to showcase substantial growth as several government agencies, including Healthcare U.K., and the U.S. Department of Health, etc. are focusing on holding webcasts

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Enterprise Video Market Segmentation

Grand View Research has segmented the global enterprise video market based on solution, services, application, deployment, delivery technique, organization size, end-use, and region:

Enterprise Video Solution Outlook (Revenue, USD Billion, 2018 - 2030)

• Video Conferencing
• Video Content Management
• Webcasting

Enterprise Video Services Outlook (Revenue, USD Billion, 2018 - 2030)

• Integration & Deployment
• Managed Service
• Professional Service

Enterprise Video Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Cloud
• On-premises

Enterprise Video Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Corporate Communications
• Training & Development
• Marketing & Client Engagement

Enterprise Video Delivery Technique Outlook (Revenue, USD Billion, 2018 - 2030)

• Downloading/ Traditional Streaming
• Adaptive Streaming
• Progressive Downloading

Enterprise Video Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Large Enterprise
• Small & Medium Enterprise (SME)

Enterprise Video End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• IT & Telecom
• Banking, Financial Services, and Insurance (BFSI)
• Healthcare & Life Sciences
• Media & Entertainment
• Education
• Retail & Consumer Goods
• Others

Enterprise Video Regional Scope (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players of Enterprise Video Market

• Adobe
• Avaya Inc.
• Brightcove Inc.
• Cisco Systems, Inc.
• IBM Corporation
• Kaltura, Inc.
• Microsoft
• Polycom, Inc. (Plantronics, Inc.)
• VBrick
• Vidyo, 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.

Impact of Existing and Emerging Dairy Alternatives Market Trends And Forecast 2023-2030: Grand View Research Inc.

 Dairy Alternatives Market Growth & Trends

The global dairy alternatives market size is expected to reach USD 66.9 billion by 2030, is anticipated to expand at a CAGR of 12.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing occurrence in cases of milk allergies and lactose intolerances are expected to drive the demand further in the forecast period. Numerous food and beverage products are thus making use of the product to appeal to the growing consumer base that is opting for plant-based and others.

The increasing demand for vegan and vegetarian diets is one of the major drivers to the market. With the growing awareness about the benefits of plant-based diets, more consumers are opting for vegetarian and vegan food products. Consumers are also opting for alternate products as a means to cut back on calories consumed as dairy products generally contain a high number of calories. Consumers looking to lose weight have been increasingly substituting cow or buffalo milk with soy or almond milk. This, in turn, is expected to aid the growth of the market as the fitness-savvy consumer base is increasing across the globe.

Initiatives undertaken by manufacturers such as offering novel flavors, enriching with vitamin & mineral supplements, better quality, and attractive packaging are expected to have a positive impact on the industry over the forecast period. In 2022, numerous start-ups in the market received notable investments such as Remilk, Imagindairy, and Perfect Day which received USD 120 million, USD 13 million, and USD 350 million respectively in seed funding.

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Dairy Alternatives Market Report Highlights  

• Based on source, in 2022, the soy segment dominated the market with a revenue share of over 35.32%. Soy milk is rich in nutrients and has a high protein content compared to other alternatives, which is expected to drive the segment over the forecast period. Soy milk has been traditionally used in the Asia Pacific region for centuries and is a part of numerous recipes, which is expected to keep the product demand consistently stable over the forecast period. It is used for the purpose of lowering obesity and blood cholesterol levels and reducing the risk of several postmenopausal issues, along with improving cardiovascular health, which, in turn, has made it a preferred supplement.
• Based on product, the milk segment dominated the market in 2022 accounting for a share of 67.98%. In Europe, increasing demand for low-calorie content food, coupled with the rising popularity of plant-based nutritional products, is likely to augment the demand for the product over the forecast period. The milk product segment includes various new and innovative beverage options with dairy alternatives as a base ingredient. The manufacturers of beverages are introducing new products for higher market capitalization.
• The Asia Pacific region dominated the market in 2022 with a market share of 45.20% 2022. Increasing cases of lactose intolerance and the rising health issues associated with harmful additives used in dairy products are anticipated to boost the demand for non-dairy products such as soy milk, almond milk, rice milk, and other alternatives in the region.

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Dairy Alternatives Market Segmentation

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

Diary Alternatives Source Outlook (Revenue, USD Million, 2017 - 2030)

• Soy
• Almond
• Coconut
• Rice
• Oats
• Others

Diary Alternatives Product Outlook (Revenue, USD Million, 2017 - 2030)

• Milk
• Yogurt
• Cheese
• Ice-cream
• Creamers
• Others

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

• Supermarkets & Hypermarkets
• Convenience Stores
• Online Retail
• Others

Diary Alternatives Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Dairy Alternatives Market

• ADM
• The Whitewave Foods Company
• The Hain Celestial Group, Inc.
• Daiya Foods Inc.
• Eden Foods, Inc.
• Nutriops, S.L.
• Earth’s Own Food Company
• SunOpta Inc.
• Freedom Foods Group Ltd.
• OATLY AB
• Blue Diamond Growers
• CP Kelco
• Vitasoy International Holdings Limited
• Organic Valley Family of Farms
• Living Harvest Foods 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.

Corrosion Inhibitors Market to See Booming Grow at a CAGR of 3.8% by 2027

 Corrosion Inhibitors Market Growth & Trends

The global corrosion inhibitors market size is anticipated to reach USD 9.9 billion by 2027, expanding at a CAGR of 3.8%, according to a new report by Grand View Research, Inc. The growth in the market can be attributed to increasing investments in oil and gas extraction and production activities in the developing economies across the globe.

Corrosion inhibitors are primarily consumed by the oil and gas industry as pipelines, petrochemical plants, and refineries face significant challenges due to erosion. The application of corrosion inhibitors mitigates deterioration in pipelines, gathering lines, transmission lines, flow lines, and wellbores. It also decreases the occurrence of pitting and costly rust failures for various industry players. Therefore, the application of these products significantly reduces the amount of investment spent on the prevention of rust. This factor has majorly driven the consumption of products across various end-use industries.

Different industries, such as oil and gas, power generation, pulp and paper, metal processing, chemical processing, face several challenges due to rust. This signifies the number of investments by end-use sectors for the prevention of industrial parts and equipment and to extend their life or durability. Furthermore, internal corrosion caused by aggravated microbial activity, water, hydrogen sulfide, or carbon dioxide has increased the need for products among oil and gas companies.

Saudi Arabia is one of the prominent crude oil producers in the world. Moreover, the GDP (PPP) of Saudi Arabia is USD 1.8 trillion, which makes it one of the top-performing economies in the Middle East. With the presence of some of the leading global players such as Saudi Aramco and some of the prominent producing fields such as Ghawar field, the country is expected to boost the consumption over the forecast period.

This is likely to result from the higher preference for oil-based products given their long-lasting protection results for parts or equipment exposed to severe environmental conditions. Furthermore, these are preferred over water-based ones owing to their heavy film and water-rejecting properties. However, water-based products are expected to gain a significant market share over the forecast period due to their conservative nature and favorable government regulations pertaining to their use.

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Corrosion Inhibitors Market Report Highlights

• In 2019, organic emerged as the prominent product segment owing to their broad utilization in the petroleum refining industry because of their ability to form a protective layer on the metal surface of transporting pipes
• In 2019, oil-based emerged as the prominent type segment owing to the excellent performance of these corrosion inhibitors in high-velocity flow conditions and elevated pressure
• In 2019, oil and gas emerged as the prominent end-use segment owing to a surge of serious internal corrosion problems in several refineries, pipelines, and petrochemical plants, along with mounting production.

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Corrosion Inhibitors Market Segmentation

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

Corrosion Inhibitors Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Organic
• Inorganic

Corrosion Inhibitors Type Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Water Based
• Oil Based

Corrosion Inhibitors End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Power Generation
• Oil & Gas
• Paper & Pulp
• Metal Processing
• Chemical Processing
• Water Treatment
• Others

Corrosion Inhibitors Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Corrosion Inhibitors Market

• Nouryon
• Cortec Corporation
• Ashland
• Ecolab
• Henkel Ibérica, S.A.
• The Lubrizol Company
• BASF SE
• Dow
• DuPont de Nemours, Inc.
• Baker Hughes, a GE company LLC

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.

Cryogenic Equipment Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Cryogenic Equipment Market Growth & Trends

The global cryogenic equipment market size is expected to reach USD 36,734.03 million by 2030, registering a CAGR of 6.5% according to a new report by Grand View Research, Inc. Increasing demand for technical gases from the energy & power industries and rising needs within the entire Liquefied Natural Gas (LNG) value chain are expected to propel the industry growth during the forecast period. Cryogenic equipment is widely used in LNG storage and transportation. LNG, a low-emission fuel, is preferred by several regulatory bodies addressing environmental concerns, thereby driving product demand. Rising investments in LNG power plants and the trend toward using LNG fuel in railroads and marine transportation have increased the demand for cryogenic equipment.

Technological developments in the fields of pharmaceutical, immunotherapy, vaccination, and regenerative medication have boosted the utilization of cryogenic equipment. In addition, a rise in cases of health-related problems, particularly in metropolitan areas, as well as the growing population is expected to support the growing installation of cryogenic equipment. Advancement in the energy & power sector has led to the improvement of HTS cables and energy storage, facilitating the use of cryogenic equipment for cooling purposes. Furthermore, substantial investments in developing countries to construct smart cities, high-speed trains, and the need to reduce global carbon footprints are likely to create lucrative opportunities for the industry.

An increase in government programs, greenfield investments, and related policies to adopt advanced technological equipment is expected to boost product demand over the forecast period. Rapid industrialization and increasing disposable income have led to the widespread adoption of this equipment in automotive, metallurgy, and other industries. Companies in the industry are actively engaged in mergers and acquisitions and joint ventures to strive in the competitive industry. For instance, in September 2020, Air Liquide SA acquired the majority of its stake in the French company Cryoconcept. In December 2021, Chart Industries Inc. signed MOU with Howden Group, incorporating gas compression systems in Chart hydrogen offerings.

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Cryogenic Equipment Market Report Highlights

• The tank segment accounted for a significant revenue share in 2022. Tank equipment presents several benefits including high-quality insulation, extended service life, and lower maintenance cost
• The liquefied natural gas segment held the largest revenue share in 2022 due to the wider usage of LNG in various industries including, chemical, automotive, food, and energy sectors
• The storage application segment accounted for a significant share in 2022 due to the high demand for acquiring, storing, and monitoring liquefied gases like oxygen, nitrogen, natural gas, and argon
• The Asia Pacific was the dominant region in 2022 owing to the rapid urbanization and industrialization in the region
• In January 2020, Linde plc announced starting a new air-separation plant in Shanghai Lingang Industrial Zone as a joint venture with Linde LienHwa to deliver ultra-high purity gases, such as nitrogen, oxygen, argon, carbon dioxide, as well as compressed dry air

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Cryogenic Equipment Market Segmentation

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

Cryogenic Equipment Product Outlook (Revenue, USD Million; 2018 - 2030)

• Tanks
• Valves
• Pumps & Vaporizers
• Vacuum Jacketed Piping
• Others

Cryogenic Equipment Cryogen Outlook (Revenue, USD Million; 2018 - 2030)

• Nitrogen
• Oxygen
• Argon
• Liquefied Natural Gas
• Others

Cryogenic Equipment Application Outlook (Revenue, USD Million; 2018 - 2030)

• Distribution
• Storage

Cryogenic Equipment End-user Outlook (Revenue, USD Million; 2018 - 2030)

• Oil & Gas
• Metallurgy
• Automotive
• Food & Beverage
• Chemical
• Other

Cryogenic Equipment Regional Outlook (Revenue, USD Million; 2018 - 2030)

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

List of Key Players of the Cryogenic Equipment Market

• Chart Industries Inc.
• Linde plc
• Herose GmbH
• Nikkiso Co. Ltd.
• Wessington Cryogenics
• Braunschweiger Flammenfilter GmbH
• Standex International
• INOX India Limited
• Air Liquide SA
• Premier Cryogenics Ltd.
• Lapesa Grupo Empresarial s.l
• Galileo Technologies S.A.
• MAN Energy Solutions SE
• Cryolor SA
• SAS Cryo Pur
• Ulvac Technologies, 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.