Sunday, October 31, 2021

Functional Foods Market Key Driven Factors, Scenario, Overview And Analysis Report till 2024

November 01, 2021: The global Functional Foods Market was appreciated at US$ 129.39 Billion in the year 2015. It is estimated to develop at a substantial CAGR for the duration of the prediction. Increasing awareness about fitness and proper nourishment among the customers are expected to drive the market above the following eight years. Nourishments are not only planned to fulfill someone's appetite but also to abolish the sicknesses associated with the nourishment. These issues are expected to certainly drive the demand for worldwide business.

The Functional Food market on the source of Type of End Use could span Cardio Fitness, Gastrointestinal Fitness, Weight Administration, Scientific Nourishment, Immunity, Sporting nourishment and others. Additional subdivision involves definite uses on cancer, dropped stages of cholesterol, and optical diminishing arthritis.

The end use subdivision of Gastrointestinal Fitness likely to observe the maximum CAGR of 8.6% above the subsequent years. The functional foods consists of nutrients for example zinc, amino acids glutamine, micronutrients vitamin A and arginine. Those projected to indorse gastrointestinal contaminations produced between people.

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The division of the market of Functional Foods on the source of Type of Application. The market divided in to-Fats & Oils, Fish & Eggs, Meat, Cereals& Bakery, Soy Merchandises, Dairy Merchandises, and others. Additional subdivision consist of number of categories of snack, liquid refreshment and nutritious pieces.

The fermented dairy merchandises, like yogurts, comprise probiotics. These reinforce the mucosal wall and overpower abdominal contamination of humanoid fitness. Margarine that comprises fatty acid esters, is intended to reduce the stages of cholesterol for people. On the contrary, eggs comprising omega-three, formed by chicken, nourished such as a micro algal feedstuff constituent. Such issues are likely to motivate the progress of the entire industry in upcoming years. The Functional Foods market on the source of Type of Product could span Vitamins, Minerals, Dietary Fibers, Probiotic & Prebiotic, Fatty Acids, Carotenoids and Others. Additional subdivision generally consist of antioxidants, phytochemicals and enzymes.

The subdivision of Dietary Fibers product is estimated to develop at a CAGR of 8.4% above the subsequent eight years. Consumption of Fiber has shown chemo defensive belongings for cancer propagation uses. They likewise benefit in fighting diabetes, fatness and cardiovascular sicknesses. These issues estimated to provide the general demand above the prediction period.

The Functional Food market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S., Canada, and Mexico], Europe [France, Spain, Germany, U.K., Italy, Russia, and other European Union Nations], Asia Pacific [India, Japan, China, Indonesia, Malaysia, Philippines, Australia], Central & South America [Brazil], Middle East & Africa [South Africa].

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By the source of geography, the market in the Asia Pacific headed the international business and was responsible for a market stake of more than 40% of entire income during the year 2015. It is likewise estimated to develop at an expected CAGR of 8.3% above the following eight years.

Growing demand, together with growing per head earnings of the customers in the developing nations for example China and India, is estimated to contribute the provincial development. Furthermore, growing suburbanization, increasing baby boomer populace, and altering nutritional configurations, expected to motivate the demand in the general market.

The statement revises Trades in terms of intake of Functional Foods in the market; particularly in North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on the global basis are Herbalife, BASF SE, Cargill, Nutri-Nation, GFR Pharma, General Mills Inc., Coca-Cola Co., Amway, and KFSU.


Market Segment:


Global Functional Foods Product Outlook (Revenue, USD Billion, 2014 - 2024)

    • Carotenoids

    • Dietary fibre

    • Fatty acids

    • Minerals

    • Prebiotics & probiotic

    • Vitamins

    • Others


Global Functional Foods Application Outlook (Revenue, USD Billion, 2014 - 2024)

    • Bakery & Cereals

    • Dairy products

    • Meat, fish & eggs

    • Soy products

    • Fats & oils

    • Others


Global Functional Foods End-Use Outlook (Revenue, USD Billion, 2014 - 2024)

    • Sports Nutrition

    • Weight Management

    • Immunity

    • Digestive Health

    • Clinical Nutrition

    • Cardio Health

    • Others


Global Functional Foods Regional Outlook (Revenue, USD Billion, 2014 - 2024)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • EU28

        • Russia

    • Asia Pacific

        • China

        • India

        • Japan

        • Philippines

        • Indonesia

        • Malaysia

        • Australia


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Thermal Interface Materials Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2025

November 01, 2021: The global Thermal Interface Materials Market is estimated to develop at a substantial CAGR for the duration of the prediction. Increase in the production of Electronic Constituents and surge in demand for smartphones in emerging nations are expected to motivate the market. Thermal Interface Materials are generally placed between two exteriors or constituents to intensify the thermal link and movement of heat amidst the two exteriors or constituents.

These materials are utilized mainly owing to the uneven, coarse, curly surfaces of machined portions. Thermal interface materials assist removal of air gaps and upsurge the transfer of heat amongst the combined exteriors. The Thermal Interface Materials market on the source of Type of Application could span Medicinal Apparatus, Communications, Automobile Electronics, Consumer Durables, Industrialized Machines, Computers.

Thermal Interface Materials are normally utilized for transporting thermal conductivity from Central Processing Units [CPUs] or the Graphics Processing Unit [GPUs] to the heat sink coolers. The constituents of the computer, for example hard disk drives [HDDs], Chipsets, CPUs, and Graphics Cards are liable to failure in the wake of high temperature. Thermal Interface Materials are utilized in computers for eliminating the surplus heat created by computer parts to preserve their functioning temperature restrictions.

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Thermal Interface Materials are utilized for refining the stream of the heat in computers by satisfying any empty space or loopholes between the heat sink and SSE base plate mounting faces. The usage of Thermal Interface Materials in computers is increasing by a greater speed due to the augmented demand for cloud and super and cloud computing. The augmented demand for supercomputing is motivating the Thermal Interface Materials market. The Thermal Interface Materials industry on the source of Type of Material could span Metal-centered Thermal Interface Materials, Gap Fillers, Glues & Greases, Thermal Phase Change Materials, and Thermal Tapes & Films.

With reference to the type of material, the sub division of Glues & Greases is the biggest sector of the market. OEMs have a tendency to practice greases & glues due to their capability of movement and that to decrease an extensive variety of surface unevenness of any covering, heat propagator, or surface of heat sink. Thermal glues & greases take additional economic benefits for example the capacity to form extremely thin bond lines, capacity to modify, low-slung confrontation to heat, and low-slung price.

The Thermal Interface Materials market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

By the source of geography, the Asia Pacific ruled the international thermal interface materials industry during the recent past year. This could be mainly credited to the greater demand for these resources, particularly in the fields of telecommunication, computers, and automobile electronics, mainly in India and China. Additionally, the market in this province is expected to increase at a substantial speed for the duration of the prediction. The Europe is tracked by Asia Pacific by means of stake in the market, during the recent past year.

The statement revises Trades in terms of intake of Thermal Interface Materials in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. The companies operating in the market unceasingly finance product invention, development, and R&D activities to upsurge their stake in the market.

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Some of the important companies operating in the field at the international level are Zelman Tech Co., Ltd., AOS Thermal, AIM Specialty Materials, SEMIKRON, Momentive Performance Materials Inc., Parker Chomerics, Indium Corporation, The 3M Company, DK Thermal, Wakefield-Vetted, Inc., ShinEtsu, Fujipoly, Laird Technologies, Dow Corning, and Henkel AG & Co. KGaA.


Market Segment:


Thermal Interface Materials Product Outlook (Revenue, USD Million, 2014 - 2025)

    • Tapes & films

    • Elastomeric pads

    • Greases & adhesives

    • Phase change materials

    • Metal-based

    • Others


Thermal Interface Materials Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Telecom

    • Computer

    • Medical devices

    • Industrial machinery

    • Consumer durables

    • Automotive electronics

    • Others


Thermal Interface Materials Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • Germany

    • Asia Pacific

        • China

        • India

    • Latin America

        • Brazil

    • MEA


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Talent Management Software Market Key Driven Factors, Scenario, Overview And Analysis Report till 2025

November 01, 2021: Global Talent Management Software Market is anticipated to reach USD 24.03 billion by 2025. Talent Management Software (TMS) is a technology that human resource management experts use to record employee’s lifecycle that includes development, strategic hiring, and performance management. The factors that propel the growth of the Talent Management Software Market include development in automation, extensive research and development activities, rising need for cloud-based talent management software, and surge in the e-learning market.

On the other hand, there are factors that may hamper the growth of the market including budget limitations and lack of awareness. Talent Management Software industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. HR experts need to rethink the way they manage the rising number of laborers shifting to freelance and contract modes of employment. HR-tech will prove to be important in order to assist workers, maintain networks across boundaries, help managers lead their teams, and drive association.

Talent management software industry may be explored by deployment, verticals, organization size, and geography. The market may be explored by deployment as Cloud and On-premise. The “Cloud-Based Services” segment led the talent management software market in 2016 and is anticipated to maintain its dominance by 2025. The key factor that could be attributed to the growth of market includes increasing acceptance of cloud-based services. Also, features including flexibility, agility of the solutions and on-demand services might contribute greatly to the market growth.

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The industry could be explored based on vertical as Manufacturing, BFSI, IT & telecom, Recruitment Consultancies, E-commerce and Others. The “IT and telecom” segment led the talent management software industry in 2015 and is anticipated to maintain its dominance by 2025.The key factor that could be attributed to the growth of market includes surging demand from a diverse set of businesses. The market may be analyzed by organization size as Mid-size organizations, Small organizations and Large organizations.

North America accounted for the major share of the Talent Management Software Market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rapid technological developments in the industry verticals across different economies and presence of a large number of mid-sized and small enterprises. North America is likely to be followed by the Asia-Pacific region.

Some of the key players that fuel the growth of the talent management software industry comprise Oracle Corp, IBM Corporation, SAP, Workday, Inc., Halogen Software Inc., and Cornerstone On Demand. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:


Talent management software solution outlook (Revenue, USD Million; 2014 - 2025)

    • Recruiting Management

    • Compensation Management

    • Employee Lifecycle Management

    • Learning and Training Management

    • Performance Management


Talent management software deployment outlook (Revenue, USD Million; 2014 - 2025)

    • On-Premise

    • Cloud


Talent management software application outlook (Revenue, USD Million; 2014 - 2025)

    • BFSI

    • Retail

    • IT & Telecom

    • Healthcare

    • Government

    • Education

    • Others


Talent management software regional outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

    • Middle East & Africa (MEA)


Get in touch

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Ryan Manuel

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Friday, October 29, 2021

Beta-Carotene Market Business Prospects, Overview And Forecast Analysis Report till 2024

October 29, 2021: Global Beta-Carotene Market is predicted to grow considerably in the years to come owing to the impressive increase in the consumption of beta-carotene in different types of foods. Beta-carotene is also termed as provitam in A is an essential source of vitamin A (retinol) in vegetables and fruits. An antioxidant plays important role in normal human growth, development, and eyesight. Beta-carotene also fortifies immune system of the body and has a strong impact on thymus gland where immune cells are produced.

Beta-carotene also improves the creation of RNA. Beta-carotene market is experiencing growth due to increasing health issues and augmented importance of the vitamin source, rising inclination towards unadulterated ingredients, and high demand from developing regions is projected to drive overall market in the coming years. On the other hand, excessive consumption of beta-carotene can adversely affect human body and high cost of supplements may restrain overall market growth in the years to come.

Beta-carotene industry is categorized on the basis of source, type, application, and geography. In terms of source, the market is divided into carrots, pumpkin, sweet potato, and spinach and plums. Carrots provide more beta carotene as compared to others, due to which the segment is expected to register maximum growth in future. On the basis of type, the market is divided into oil soluble and water soluble beta-carotenes. Owing to high implications, water-soluble beta-carotenes are expected to lead beta carotene market in the coming years.

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Based on application, beta-carotene industry is split into supplements, food & beverages, feed and cosmetics. Beta-carotene is extensively used in providing color to foods and beverages, due to which, the segment is estimated to lead beta carotene market in the years to come. Food and beverages segment is further categorized into dairy products, bakery and confectionery, processed food soft drinks/juices, and infant food. In terms of revenue, bakery and confectionary, followed by processed foods contribute majorly to the market.

Geographically, beta carotene industry is segmented as North America, Europe, Asia Pacific, and Middle East & Africa. Owing to large number of players, Europe is predicted to hold larger market share of beta-carotene. The major players in beta-carotene industry include BASF and DSM, Phytone, Valensa International, Kemin Industries, Cyanotech Corporation, Overseal Natural Ingredients, Algatechnologies, LycoRed, Mera Pharmaceuticals, Sensient Technologies, and Pharmline.

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Market Segment:


Global Beta-Carotene Source Outlook (Revenue, USD Million, 2014 - 2024)

    • Algae

    • Fruits & Vegetables

    • Synthetic

    • Others


Global Beta-Carotene Application Outlook (Revenue, USD Million, 2014 - 2024)

    • Food & Beverages

    • Dietary Supplements

    • Cosmetics

    • Animal Feed


Global Beta-Carotene Regional Outlook (Revenue, USD Million, 2014 - 2024)

    • North America

        • U.S.

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • Japan

        • India

    • Central & South America

    • Middle East & Africa


Get in touch

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Doxorubicin Market Trends, Revenue Growth, Leading Players And Forecast till 2024

October 29, 2021: Global Doxorubicin Market is expected to reach USD 1.38 billion by 2024. Doxorubicin is an anticancer chemotherapy drug, a generic name for the trade name drug Rubex® and Adriamycin®. It is injected into a vein. It is an essential medicine on the World Health Organization's List, the safest and effective medicines needed in a health system. The Doxorubicin Market is estimated to grow at a significant CAGR of 6.4% over the forecast period as the scope and its applications are rising enormously across the globe.

Growing presence of cancer patients across the globe, increasing number of manufacturers in the market to control the shortage of drugs, and developed laboratories with the latest technological equipment’s for research are documented as the major driving factors for Doxorubicin Market. Also, inclusion of doxorubicin drug in several applications like neuroblastoma, AIDS-related Kaposi Sarcoma, and others may boost the overall market in the years to come.

However, side effects of drugs and high cost of treatment are the factors that may restrain overall market growth in the coming years. Doxorubicin Industry is segmented based on formulation, cancer type, distribution channel, and region. Doxorubicin injection and lyophilized doxorubicin powder are the formulations that could be explored in Doxorubicin in the forecast period.

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There are several types of cancer like Leukemia, Breast Cancer, Stomach Cancer, Prostate Cancer, Bladder Cancer, Ovary Cancer, Lung Cancer, and others that could be explored in Doxorubicin in the forecast period. Breast cancer and prostate cancer accounted for the majority market share in 2017 and are estimated to lead the overall market in the years to come. This may be because of rising number of people suffering from breast and prostate cancer.

The market may be categorized based on distribution channel like E-Commerce, Retail Pharmacies, Hospitals Pharmacies, and others could be explored in the forecast period. Globally, North America accounted for the substantial market share of Doxorubicin in 2017 and is estimated to continue with its dominance in the near future. The reason behind the overall market growth could be presence of developed healthcare infrastructure, presence of key manufacturers in the region, and increasing number of cancer epidemiology. The United States is a major consumer of Doxorubicin in this region.

Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the fastest pace in the foremost period. The aspects that may be ascribed to the growth comprise rising pharmaceutical market, developing healthcare infrastructure and growing occurrence of cancer mainly gastric cancer and lung cancer among population. The developing countries like India, Japan, and China are the major consumers of Doxorubicin in this region.

The key players of Doxorubicin Market are Synbias Pharma, Pfizer Inc., MicroBiopharm Japan Co., Ltd., Johnson & Johnson Services, Inc., Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., and Meiji Seika Pharma Co., Ltd. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Market Segment:


Doxorubicin Market: Application outlook (Market revenue in USD Million, 2013 - 2024)

    • Ovarian cancer

    • Multiple myeloma

    • Kaposi Sarcoma

    • Leukemia

    • Bone sarcoma

    • Breast cancer

    • Endometrial cancer

    • Gastric cancer

    • Liver cancer

    • Kidney cancer

    • Other cancer


Doxorubicin market regional outlook (Market revenue in USD Million, 2013 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

    • Asia Pacific

        • Japan

        • China

    • Latin America

        • Brazil

        • Mexico

    • Middle East and Africa

        • South Africa


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Contact Person: 

Ryan Manuel

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Email: ryan@millioninsights.com




Biodefense Market Business Prospects, Overview And Forecast Analysis Report till 2025

October 29, 2021: The global Biodefense Market was appreciated at US$ 9.5 Billion in the year 2015. It is estimated to develop at a substantial CAGR for the duration of the prediction. The market is projected to observe development due to technical progressions in detection techniques of pathogen, in the division of forensics. The technical progressions include the progressive indicator hardware, nanotechnology, chips of genetic factor, and management of database systems.

The increasing production of inoculations, speedy measures of analytics, superior therapies of discovery &forensics and prophylactics are amongst the essential issues likely to reinforce the competences of biodefense throughout the world above the prediction period. Money management done by the provincial administrations in developed markets for the readiness of biodefense, like in Europe and the U.S.A. are expected to empower the development of the market above the prediction period.

Growing danger of bioterrorism and existence of promising government inventiveness in contradiction to bio-terrorism are important reasons that will motivate the international market in the approaching years. The growing emphasis of Public Health Services on the improvement of examinations and processes to classify bio threat mean motivating the market for biodefense.

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The Biodefense market on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into Radiation/Nuclear Defense, Smallpox, Botulism, Anthrax, and others. The subdivision of Anthrax was the biggest product type. It was responsible for a stake of more than 31.3% during the year 2015.The Anthrax was tracked by smallpox. As of now, it is wiped out all over the world, thanks to worldwide vaccination drive.

The Biodefense market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A, Canada], Europe [Germany, U.K.], Asia Pacific [Japan, China], Latin America [Mexico, Brazil], Middle East & Africa [South Africa].

By the source of geography, Asia Pacific is projected to appear as an important market for biodefense owing to the growing acceptance of specific diagnostic apparatuses and speedy progression of the biotechnology business. Asia Pacific is projected to witness an important demand because of rushing funds in the R&D area. Japan and Australia are the most developed markets of Asia Pacific.

The widespread inoculation manufacturing amenities present throughout Japan combined with the existence of classy healthcare set-up in the nation contribute to its robust market situation. Australia governs the Communicable Disease Network Australia [CDNA]. It works in the direction of neutralizing eruptions of sickness and the thoughtful discharge of hazardous pathogens.

North America is the biggest market for biodefense owing to superior laboratory proficiencies and better-quality substructure for rising alarm for the hazard to fitness. Europe is the subsequent biggest market for biodefense. Additional areas for example the Latin America and Middle East are expected to be important areas for biodefense owing to the increasing presence of foremost biotechnology companies in these areas.

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The statement revises Trades in terms of intake of Biodefense in the market; particularly in North America, Europe, Asia Pacific, Latin America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field at the international level are Alnylam Pharmaceuticals, Inc., Achaogen, Inc., Cleveland Bio Labs, Ichor Medical Systems, SIGA Technologies, Bio Solutions, Inc., Pharm Athene, Inc., Nano therapeutics, Inc., Bavarian Nordic, DynPort Vaccine Company, LLC,Elusys Therapeutics, Inc., Dynavax Technologies Corporation, Emergent Bio Solutions, Inc.,and Xoma Corporation.

Market Segment:


Global Product outlook (Revenue in USD Million, 2014 - 2025)

    • Anthrax

    • Smallpox

    • Botulism

    • Radiation/Nuclear Defense

    • Others


Regional outlook (Revenue in USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

    • Asia Pacific


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


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Thursday, October 28, 2021

Smart Packaging Market Outlook, Competitive Strategies Analysis and Forecast Report till 2024

October 28, 2021: Global Smart Packaging Market is anticipated to reach USD 26.7 billion by 2024. Smart Packaging is also known as “Intelligent Packaging” or “Active Packaging”. Smart packaging is used for personal care, food & beverages, automotive and healthcare products. They provide extended shelf life, monitor freshness, ensure safety and improve suitability.

The factors that propel the growth of the market include changes in lifestyle patterns owing to surge in consumption of cosmetics and beauty products, rapid urbanization, and technological development in the packaging. On the other hand, there are factors that may hamper the growth of the market including intelligent packaging and high cost. Smart Packaging industry is anticipated to grow at a significant CAGR of 10.6% of in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The industry may be explored by type, end users, technology type, driver, and geography. The market may be explored by type as industry verticals as Automotive, Food & Beverages, Personal Care, Healthcare, and Others. The “Food and Beverages” segment led the Smart Packaging Market in 2016 and is anticipated to maintain its dominance by 2024.

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The market could be explored based on end users as Food & beverage, Logistics, Automotive, Healthcare, Personal care, and Others. The “Food & Beverage” segment led the Smart Packaging Market in 2015 and is anticipated to maintain its dominance by 2024 owing to increasing use of active products in the food & beverage industry coupled with rising importance to preserve the safety and quality of packaged products from manufacturing to the time the food is consumed is expected to drive the development of market.

The industry may be analyzed by technology type as Intelligent, Active, and MAP. The “Active packaging” segment led the smart packaging industry in 2015 and is anticipated to maintain its dominance by 2024 owing to high use in pharmaceutical, food and beverage, and personal care sector due to its corrosion protection and superior moisture control properties. The market may be analyzed by driver shelf life, brand protection and safety.

North America accounted for the major share of the Smart Packaging Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes fast development in the industries such as pharmaceutical, food & beverage, logistics, automotive, and manufacturing coupled with stable recovery from economic recession is anticipated to propel the demand over the forecast period. Increasing expenditure ability of consumers coupled with rising concerns on improving the general health in the region is anticipated to propel the smart packaging industry over the forthcoming period.

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Some of the key players that fuel the growth of the smart packaging industry comprise Constar International Inc., Crown Holdings Inc., Bemis Company, Inc., Ball Corporation, Ampacet Corporation, Multisorb Technologies, Graham Packaging Company Inc., Sysco Corporation (Fresh Point Services), Rexam PLC, and Timestrip, PLC. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:


Global Smart Packaging Product Outlook (Revenue, USD Million, 2013 - 2024)

    • Active Packaging

        • Gas Scavenger

        • Corrosion Control Packaging

        • Moisture Control Packaging

    • Intelligent Packaging

        • Time temperature Indicator

        • Gas Indicator

        • Thermochromic Ink

        • RFID & Barcode

        • NFC


Global Smart Packaging Application Outlook (Revenue, USD Million, 2013 - 2024)

    • Food & Beverage

    • Healthcare

    • Personal Care

    • Automotive

    • Others


Global Smart Packaging Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

    • North America

        • U.S

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

    • Latin America

        • Brazil

    • Middle East and Africa


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Contact Person: 

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Email: ryan@millioninsights.com




Isobutene Market Analysis | Business Outlook, Growth, Share, Trends and Forecast till 2024

October 28, 2021: Global Isobutene Market is estimated to reach USD 30.71 billion by 2024 owing to the rise in demand for rubber from automotive industry. Isobutene is a colourless inflammable gas that with typical olefin odorant no corrosive properties. Isobutene can be easily dissolved in ether, hydrocarbons and alcohol but slightly insoluble in water. Chemically, it holds reactions of olefins like electrophilic addition, oxidation, hydrogenation, and polymerization.

Isobutene is a base material for numerous final products and intermediates like butyl rubber, polyisobutene, alkyl-tert-butyl ether, isoprene, methyl methacrylate, diisobutene, mercaptanes, tert-butanol, vitamins, fragrances, alkylphenols, antioxidants, methacroleine, synthetic resins, adhesive resins, tackifiers, methacrylicacid and PMMA. They are also used in additives for fuels and lubricants, dispergators, organic acids, cross-linking agents and curing agents, isoamylalcohol, peroxidicpolymerization initiators, methallylsulfonate, alkylchlorides, methallylchloride, isobuteneoxide.

Growth in aerospace segment and increase in demand for rubber from automobile segment is majorly driving isobutene industry. Isobutene is made from polyisobutene which is the predecessor chemical for making lubricant additives and fuel. Isobutene is combined with methanol to create isooctane, which is used as fuel additive in aviation fuel. It is widely used in manufacturing of rubber for automobile tires and tubes for automotive segment. Besides, isobutene is also used in the manufacturing of fine chemicals, anti-oxidants and plastics which triggers the growth of isobutene market.

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Also the growth in end user industries is also expected to accelerate the growth of the market in the years to come. One of the leading manufacturers, Evonik Industries has recently tripled their production capacity at Belgium, Antwerp in expectation of increasing demand of isobutene and for establishing niche market in Europe. Moreover, government initiatives like development of smart cities are offering significant boost to isobutene industry. Regions like North America, Europe and Asia Pacific are expected to stimulate the demand for isobutene in the coming years.

Despite wide applications of isobutene in several end use industries, the chemical is prone to price fluctuations from sources. This downside is expected to affect the volatility of crude oil, which directly affects isobutene market. Furthermore, owing to the toxic properties, and strict measures for the prevention of leakage in the air, isobutene is extremely regulated chemical. Biological isobutene is gaining popularity and is predicted to grow speedily and gradually replace petrol-based isobutene.

Another manufacturer has contributed significantly for developing bio alternative to the traditional process. They are focusing on developing and patenting a procedure to convert carbohydrates to isobutene with the help of fermentation process. With the success towards sustainable biological alternatives, the technology is predicted to attract market players and gain huge momentum in future.

Isobutene industry is categorized on the basis of product, application, and geography. On the basis of product, the market is divided into Methyl Tert-butyl Ether (MTBE) and Ethyl Tert-butyl Ether (ETBE).Methyl Tert-butyl Ether (MTBE) is the type of the market and is expected to grow significantly in the coming years owing to its increasing preference over Ethyl Tert-butyl Ether (ETBE).

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Based on application, isobutene market is split into automotive, antioxidants, aerospace, pharmaceuticals, and others. Owing to the rising need, automotive industry is expected to hold larger market share of isobutene in the coming years. Geographically, isobutene industry is segmented as North America, Central & South America, Europe, Asia Pacific, and Middle East & Africa. Owing to the increasing preference of isobutylene in the production of several synthetic chemical products, Asia Pacific region is predicted to dominate the market. The key players in the market of isobutene comprise BASF, Evonik, YEOCHUN NCC, LyondellBasell Industries Holdings, Global Bioenergies, and TPC Group.

Market Segment:


Global Isobutene Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2024)

    • Methyl Tert-butyl Ether (MTBE)

    • Ethyl Tert-butyl Ether (ETBE)


Global Isobutene Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2024)

    • Automotive

    • Aerospace

    • Antioxidants

    • Pharmaceuticals

    • Others


Global Isobutene Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • France

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Mexico

    • Middle East & Africa

        • Saudi Arabia


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Heating Equipment Market Outlook, Competitive Strategies Analysis and Forecast Report till 2025

October 28, 2021: Global Heating Equipment Market is expected to reach USD 48.58 billion by 2025. Heating Equipment is used to ensure comfort in winter or colder climates by using thermal energy within office or home. Exclusively used heating system comprises active solar heating, electric resistance heating, furnaces and boilers, wood and pellet heating, radiant heating, and portable heating. The Heating Equipment Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

Growing infrastructure in emerging countries, steady economic growth and rapid urbanization, and expansion of commercial sector are documented as the major factors estimated to enhance the growth in the years to come. Heating Equipment Market is segmented based on product type, end user, and region.

Unitary heaters, heat pumps, boilers, furnaces, and other product types could be explored in Heating Equipment in the forecast period. Heat pumps sector may account for the substantial market share of Heating Equipment and is estimated to lead the overall market in the years to come. It is a two-way air conditioner that helps to extract heat from cold outdoors with use of dischargers and electrical system. The sector is also estimated to grow at the highest CAGR in future.

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The market may be categorized based on end users like commercial sector, industrial sector, residential sector, and others that could be explored in the forecast period. The industrial sector may account for the substantial market share of Heating Equipment and is estimated to continue its dominance in the years to come. This may be because of growing demand for heating equipment’s in manufacturing plants, roads, food processing plants, and bus stations. In addition, the residential sector is estimated to lead the overall market in future.

Globally, Europe accounted for the substantial market share of Heating Equipment in 2016 and is estimated to lead the overall market in the coming years to come. The reason behind the overall market growth could be government initiatives and policies to reduce energy consumption and rising use of enhanced technology.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise rapidly developing automotive industries and construction sector. The developing countries like India and China are the major consumers of Heating Equipment in this region.

The key players of Heating Equipment industry are United Technologies, Daikin Industries, Robert Bosch, Ingersoll-Rand, Lennox International, Johnson Controls, Will &Hahnenstein, LG Electronics, Honeywell International, Mitsubishi Electric, and Emerson. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

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Market Segment:


Global Product Outlook (Revenue, USD Million, 2014 - 2025)

    • Heat pumps

    • Furnaces

    • Boilers

    • Unitary heaters

    • Others


Global Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Residential

    • Commercial

    • Industrial


Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

        • France

        • Russia

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

        • Saudi Arabia


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Wednesday, October 27, 2021

Automatic Emergency Braking (AEB) Market Key Driven Factors, Scenario, Overview And Analysis Report till 2024

October 27, 2021: Global Automatic Emergency Braking (AEB) Market is estimated to grow significantly in the years to come owing to the increasing need for security from consumers and rising government initiatives worldwide. Automatic emergency braking (AEB) is an autonomous vehicle safety, which uses sensors to monitor the proximity of passing vehicles. It detects the probable accidental situations and raises an alarm prior to the collision.

In such cases, emergency brakes are applied to avoid the accidents or to lessen the effects. Most automobile drivers apply delayed brakes which causes road mishaps. The reason behind these accidents may be due to inattentiveness, sleepiness, distraction, lack of visibility, lack of concentration, time of the day, sudden medical emergency or weather conditions. Automatic emergency braking systems are designed to avoid these instances and support the driver throughout the journey.

In case the driver fails to slam the brakes, the automatic emergency braking system will automatically apply brakes with different levels of force with the help of smart algorithm for speed, momentum, trajectory, and others to lessen the impact or avoid the collision. Increasing awareness concerning pedestrian and passenger safety along with government mandates to connect safety related tools in the automobile are the key factors boosting automatic emergency braking industry.

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Emphasis of OEMs is to safeguard the passengers and driver inside vehicle due to which the technologies were progressed in combination to AEB system. For example, the anti-locking braking system and seat belts were introduced to protect the people inside vehicle. Hence, OEMs manufacture vehicle design to install the tools required for AEB system. Despite less adoption of vehicles in the past years, most manufacturers have started installing AEB systems as a standard feature in few models.

Initially, AEB systems were installed only for the luxury automobiles. Due to the high initial costs associated with research & development for these systems, ORMs are emphasizing to install these tools only in high-end automobiles to balance the development cost. Additionally, the hardware infrastructure can be enhanced in future to offer more safety, which will fuel the automatic emergency braking market.

However, automatic emergency braking (AEB) industry is restrained by lack of penetration in emerging economies despite of high spending power among consumers. Unreliable performance and high costs associated with these technologies in few countries are hampering the growth of the market.

AEB market is categorized on the basis of vehicle type, technology, operating speed, application, level of automation driving, component, and geography. On the basis of vehicle type, the market is divided into PV (passenger vehicles) and CV (commercial vehicles). Owing to high safety concerns among users, passenger vehicles are expected to lead the industry in the coming years.

Based on operating speed, the market is classified into high speed-inter urban AEB systems, low speed-city AEB systems, and pedestrian-VRU (Vulnerable Road Users) AEB systems. Due to the high vehicle density and city-road mishaps, AEB systems is predicted to hold larger market share of automatic emergency braking (AEB) in the forecast period.

In terms of applications, AEB industry is divided into forward emergency braking, reverse emergency braking, and multi-directional braking. Forward emergency braking is predicted to lead the industry on the basis of high application. Based on level of automation driving, the market is divided into autonomous passenger car and semi-autonomous passenger car. Semi-autonomous passenger car is expected to hold larger market share of automatic emergency braking due to their higher volume as compared to other autonomous passenger cars.

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On the basis of component, the automatic emergency braking (AEB) market is split into actuators, audible buzzers, controllers, sensors, and visual indicators. Actuators are expected to dominate the market owing to high requirement for actuators as compared to other components.

Geographically, the market is segmented as North America, Europe, Asia Pacific, and RoW. Asia Pacific is expected to dominate the market in the years to come due to the growing presence of technology in the region. The major players of automatic emergency braking (AEB) industry are Tesla Inc., Ford Motor Company, Toyota Motor Corporation, Daimler AG, Volvo Car Corporation, Audi AG, Jaguar Land Rover Automotive Plc, BMW Group, Volkswagen Group, and Honda Motor Company Ltd.


Market Segment:


AEB Regional Outlook (Revenue, USD Thousand Units, 2014 - 2024)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • UK

        • Germany

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

        • RoSA

    • MEA

        • Qatar

        • RoMEA


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Tuesday, October 26, 2021

White Biotechnology Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2024

October 27, 2021: The global White Biotechnology Market size is expected to value at USD 487.08 billion by 2024. The market is subject to witness a substantial growth due to the rise in adoption of white biotechnology for production of various biofuels like bioethanol and biodiesel. In addition, white biotechnology plays a vital role during production of essential chemical products such as organic acids, amino acids, ethanol and various types of vitamins, thus propelling the market growth in the recent years. Globally, the white biotechnology industry is predicted to grow at CAGR of 10.2% in forecast period, providing numerous opportunities for market players to invest in research and development of the white biotechnology sector.

Increasing adoption of biotechnology market in healthcare sector and pharmaceutical industry coupled with reduced manufacturing cost of drugs and various chemical products are expected to drive market demand for white biotechnology over the forecast period. Additionally, ecofriendly nature of white biotechnology, easy availability of essential raw materials, advanced production methods, declined production costs, and minimum waste generation are some of the critical factors driving market growth, since the last decade.

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Growing end-user demand for organic chemicals, especially in the North American and European region, due to numerous advantages over non-organic products and shifting trend towards renewable products are anticipated to fuel deployment of biotechnology process instead of conventional chemical manufacturing methodologies.

Furthermore, increasing demand from different end-user market segments such as automobile industry and packaged food sector to achieve required sustainability and flexibility is predicted to boost market growth in the upcoming years. The white biotechnology technique is considered as highly cost effective and efficient in comparison with conventional non-organic chemical processes that largely uses of non-renewable energy sources. In addition, the white biotechnology is considered as simple process involving least number of production steps and produces minimum residue after the completion. Unlike other types of chemical process, the white biotechnology is not affected by price volatilities of raw materials. These advantages are estimated to foster the growth of white biotechnology market in years to come.

The white biotechnology industry is broadly categorized into two major types based on application sector such as pharmaceutical sector, bioenergy sector and others. Pharmaceutical sector is considered as one of the faster growing segment in the white biotechnology market with substantial revenue generation in the last couple of years. Growing demand for white biotechnology in the pharmaceutical sector is attributed to the large-scale manufacturing of biopharmaceutical drugs & medicines that are vital for cancer treatment; these drugs acts as the antibodies that cannot be manufactured via chemical process. Hence, these factors are projected to propel the growth of pharmaceutical segment over the forecast period.

Bioenergy segment has also witnessed massive growth in the last few years, owing to the high-end demand from North American and European region for organic chemicals. Other factors positively affecting market growth for bioenergy market segment include growing need to reduce dependency on petroleum products. In addition, rising adoption of biomass as an effective alternative to petroleumis expected to fuel market expansion of bioenergy market segment.

The white biotechnology industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in pharmaceuticals & medicine sector, favorable government’s laws & regulation, decline in the petroleum imports, and existence of well-established infrastructure.

Asia-Pacific region is predicted to hold major market share in the white biotechnology market with massive growth in forecast period. Countries such as India, China, Japan and Singapore are leading the Asia-Pacific market with rising consumer demand for green products and chemicals, recent improvements in domestic healthcare infrastructure, strong economic growth and significant investment by leading industry players considering potential growth opportunities in the region.

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The key players in the white biotechnology industry are Amyris, Inc., BioAmber, Inc., Borregaard Ltd., Codexis, Inc., Deinove S.A., Evolva Holding S.A., Fermentalg S.A., Gevo, Inc., Global Bioenergies S.A., Metabolic Explorer S.A., Novozymes A/S, Terumo BCT Inc., LDL Absorption System and TerraVia Holdings, Inc.


Market Segment:


Global White Biotechnology Product Outlook (Revenue, USD Billion, 2013 - 2024)

    • Biofuels

    • Biomaterials

    • Biochemicals

    • Industrial enzymes


Global White Biotechnology Application Outlook (Revenue, USD Billion, 2013 - 2024)

    • Bioenergy

    • Food & Feed Additives

    • Pharmaceutical Ingredients

    • Personal care & Household Products

    • Others


Global White Biotechnology Regional Outlook (Revenue, USD Billion, 2013 - 2024)

    • North America

        • U.S

    • Europe

        • Germany

        • France

    • Asia Pacific

        • China

        • India

    • Latin America

        • Brazil

    • Middle East and Africa

        • UAE


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Piling Machine Market Key Driven Factors, Scenario, Overview And Analysis Report till 2024

October 27, 2021: Global Piling Machine Market is anticipated to reach USD 6.47 billion by 2024. A piling machine implies a mechanical device used for fixing piles or poles in the ground for supportive architectural structures. The factors that propel the growth of the Piling Machine Market include rising installation of wind farms, improvement in construction industry, stringent regulations against emissions and vibrations. On the other hand, there are factors that may hamper the growth of the market including environmental impact of piling, and high price of piling machines. Piling Machine industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Piling Machine industry may be explored by product type, pilling method, and geography. The market may be explored by product type as Piling rigs, Vibratory drivers, Impact hammer, and Others. The “Vibratory drivers” segment led the Piling Machine Market in 2015 and is anticipated to maintain its dominance by 2024 due to increasing application in sandy geographies owing to efficiently breaking down skin friction to drive the piles and increasing procedure of vibratory drivers because of their exceptional saturation speed. The piling machine industry could be explored based on pilling method as Rotary bored piling, Drilled percussive, Impact driven, Air-lift RCD, Continuous flight auger, Auger boring, and Others.

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Asia-Pacific accounted for the major share of the Piling Machines Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing construction projects and rise in government initiatives toward the smart city project. As such, the demand for modern skills such as BIM, CAD/CAM, and pilling machine will be on the roll. In addition, rapid urbanization, and rising population will surge the market growth in the years to come. Asia-Pacific is followed by North America.

Some of the key players that fuel the growth of the piling machines industry comprise Soilmec, Bauer AG, Sinomach, Atlas Copco, Tescar, The Casagrande Group, Delmag, and BSP International Foundations, Ashok Industries, American Piledriving Equipment, Changsha Tianwei Engineering Machinery Manufacturing, and BRUCE Piling Equipment. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:


Product Outlook (Revenue, USD Million, 2013 - 2024)

    • Impact hammer

    • Vibratory drivers

    • Piling rigs

    • Others


Piling Method Outlook (Revenue, USD Million, 2013 - 2024)

    • Impact driven

    • Drilled percussive

    • Rotary bored piling

    • Air-lift RCD

    • Auger boring

    • Continuous flight auger

    • Others


Regional Outlook (Revenue, USD Million, 2013 - 2024)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • Scandinavia

    • Asia Pacific

        • China

        • India

    • Latin America

        • Brazil

    • MEA

        • Saudi Arabia

        • UAE

        • Qatar


Get in touch

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Monday, October 25, 2021

Personal Protective Gloves Market Key Insights, Opportunity, Analysis, Competitive Landscape, Challenges And Forecast till 2024

October 26, 2021: Global Personal Protective Gloves Market is anticipated to reach USD 15.78 billion by 2024. Personal Protective Gloves are also known as “Personal Protective Equipment” or “Work gloves”. The factors that propel the growth of the personal protective gloves industry include increasing number of arm injuries, hand cuts, and abrasions in the workshop are anticipated to drive market demand in the forecast period.

On the other hand, there are factors that may hamper the growth of the market including concern toward green product growth. The market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Personal Protective Gloves Market may be explored by product type, application, raw material, and geography. The market may be explored by product type as Disposable and Durable. The “Durable gloves” segment led the Personal Protective Gloves industry in 2015 and is anticipated to maintain its dominance by 2024 owing to growing concern toward work-related damages coupled with the surging necessity for chemically and durable strong defensive wear throughout high risk activities in numerous industries such as metal forming, oil & gas, construction, and manufacturing is expected to steer product demand over the forthcoming period.

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The key applications that could be explored in the Personal Protective Gloves Market include Oil & Gas, Mining, Chemical, Food & Beverage, Construction, Manufacturing, and Medical & Healthcare, and others. The “Manufacturing” segment led the market in 2015 and is anticipated to maintain its dominance by 2024 due to numerous primary and additional procedures involved in manufacturing business such as grinding, welding and torch cutting may cause damages to employees, and rising concern toward employee security is anticipated to propel gloves demand over the forecast period.

The Personal Protective Gloves industry could be explored based on raw materials as Nitrile, Neoprene, Natural rubber/latex, Vinyl, Leather, Aramid fiber, and Others. The “Leather” segment led the market in 2014 and is anticipated to maintain its dominance by 2024. Europe accounted for the major share of the Personal Protective Gloves Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rising demand for protective gloves in industries such as healthcare, oil & gas, food processing, construction and mining, is anticipated to propel product demand over the forecast period. Europe is followed by Asia-Pacific region.

Some of the key players that fuel the growth of the personal protective gloves industry comprise Alpha Pro Tech, 3M Company, Honeywell, Kimberley Clark, MSA, Superior Glove Works, Delta Plus, Uvex, Hartalega, Midas Safety, Kossan Rubber, and Top Glove. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:


Global Personal Protective Gloves Product Outlook (Revenue, USD Million, 2014 - 2024)

    • Disposable

        • By product

            • General purpose

            • Chemical handling

            • Sterile

            • Surgical

            • Others

    • Durable

        • By product

            • Mechanical

                • By product

                    • Cut resistant

                    • Multi task

                    • Oil repellant

                    • Others

            • Chemical handling

            • Thermal/flame retardant

            • Others


Global Personal Protective Gloves Raw Material Outlook (Revenue, USD Million, 2014 - 2024)

    • Natural rubber/latex

    • Nitrile

    • Neoprene

    • Vinyl

    • Aramid fiber

    • Leather

    • Others


Global Personal Protective Gloves End-Use Outlook (Revenue, USD Million, 2014 - 2024)

    • Medical and Healthcare

    • Food and Beverage

    • Chemical

    • Manufacturing

    • Construction

    • Oil and gas

    • Mining

    • Others


Global Personal Protective Gloves Regional Outlook (Revenue, USD Million, 2014 - 2024)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

        • France

        • Russia

    • Asia Pacific

        • China

        • India

        • Japan

        • South Korea

        • Indonesia

        • Australia

    • Middle East

        • Saudi Arabia

        • UAE

    • Africa

    • Central & South America

        • Brazil


Get in touch

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Oleochemicals Market Share, Segments, New Opportunity, Outlook And Top Players till 2025

October 26, 2021: Global Oleochemicals Market is expected to reach USD 31.9 billion by 2025. Oleochemicals is termed as a chemical derived from natural fats and oils of both animal and plant origins. They also comprise those byproducts resulting from the subsequent alteration of the carboxylic acid group of the fatty acids by biological or chemical means. Basic Oleochemicals are glycerol, fatty acids, fatty amines, fatty methyl esters, and fatty alcohols. It is exclusively used for food purposes. It is produced by splitting fats or oils via a trans-esterification/alcoholysis or hydrolysis process. The Oleochemicals Market is estimated to grow at a significant CAGR of 5.2% over the forecast period as the scope and its applications are rising enormously across the globe.

Rising demand from customers, developing market for green chemicals, growing demand from personal care & pharmaceutical industry, and easy availability of raw materials are documented as major factors of Oleochemicals Market that are estimated to enhance the growth in the years to come. Oleochemicals Market is segmented based on type, applications, and region. Glycerin, fatty acid, fatty alcohol, and other types could be explored in Oleochemicals in the forecast period. Fatty acid sector accounted for the substantial market share of Oleochemicals and is estimated to lead the overall market in the coming years. It is used as an inactive ingredient in pharmaceuticals, fat emulsion, as lipid formulation, and liposomes. Animal fats like duck and lard contain fatty acid. On the other hand, vegetable fats like cottonseed oil, coconut oil, palm oil, cocoa butter, and palm kernel oil fat contains fatty acid.

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The market may be categorized based on applications like polymers, pharmaceutical & personal care, soaps & detergents, food & beverages, and others.“Soaps & detergents” sector accounted for the substantial market share of Oleochemicals in 2016 and is estimated to lead the overall market in the upcoming period. Also, pharmaceutical & personal care sector is estimated to grow at the fastest pace with the highest CAGR in the years to come. This may be because they are cost-efficient and there is rising awareness among customers regarding environmental benefits.

Globally, Asia Pacific accounted for the substantial market share of Oleochemicals and is estimated to lead the overall market in the coming years. In addition, the sector is estimated to grow at significant CAGR in the coming years. This may be because of presence of key manufacturers in the region and rising use of natural chemicals to produce Oleochemicals. The developing countries like China and India are the major consumers of Oleochemicals in this region.

Instead, North America and Europe are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. The United States is a major consumer of Oleochemicals in this region. However, Europe is estimated to grow at fastest pace with the highest CAGR in the foremost period.

The key players of Oleochemicals industry are Wilmar International, BASF, Procter & Gamble, Cargill, Kuala Lumpur Kepong Berhad, Emery Oleochemicals, 3F Industries, TerraVia Holdings, cogreenOleochemicals, Vegetable Vitamin Foods Company, Evyap-Oleo and Oleon. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Market Segment:


Oleochemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

    • Fatty acids

        • By Application

            • Soap & Detergents

            • Intermediates

            • Plastics

            • Rubber

            • Paper

            • Lubricant & Greases

            • Personal Care

    • Fatty alcohol

        • By Product

            • C6-C10

            • C11-C14

            • C15-C22

        • By Application

            • Personal Care

            • Soaps & Detergents

            • Amines

            • Lubricants

            • Others

    • Glycerol

        • By Application

            • Personal Care & Pharmaceuticals

            • Alkyd Resins

            • Polyether Polyols

            • Food & Beverages

            • Tobacco Humectants

            • Others


Oleochemicals Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • U.K.

        • France

        • Italy

        • Spain

        • Belgium

        • The Netherlands

    • Asia Pacific (APAC)

        • China

        • India

        • Japan

        • Malaysia

        • Indonesia

        • Philippines

    • Middle East & Africa (MEA)

    • Central & South America (CSA)

        • Brazil


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com





Mobile VoIP Market Key Insights, Opportunity, Analysis, Competitive Landscape, Challenges And Forecast till 2024

October 26, 2021: The global Mobile VoiP Market is set to witness a higher CAGR in the forecast period. Rising volume of mobile communication and smartphones significantly drives the Mobile VoiP industry. In addition, the communication apps now have a sizeable market and every communication company has a tremendous competitive advantage.

Skype, WhatsApp, Viber, and Line hold prominence in the mobile VoiP market. Constant R&D for communication, connectivity, and entertainment leverages the use of smartphones in the forecast period. However, confined network speeds, low awareness on communication levels in developing/underdeveloped countries along with government restrictions might hinder the market growth in the forecast period.

By service, the mobile VoiP industry is segmented into Video Conferencing, Video and Voice Call, and Instant Messaging. By Platform, the mobile VoiP market segmentation comprises Windows OS, iOS and Android OS. Based on service, the mobile VoiP industry segmentation comprises instant messaging, video, and voice call. By platform, the VoiP market is segmented as Android OS, iOS and Windows OS.

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Geographical segmentation for mobile VoiP market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific accounts for a significant market share in the global market due to increase in use of technology and significant investment for high-speed Internet. The region witnesses a high number of voice mail subscription owing to increase in internet services and mobile use.

North American and European markets have gained tremendous popularity, as internet proliferation is high in these areas. Technological advances and emergence of new communication technologies is likely to pump the market growth in these areas. Middle Eastern areas enjoy a higher market position owing to use of enhanced technologies. African market is expected to grow at a moderate CAGR owing to low proliferation of internet services. The key players in the mobile VoiP industry include Apple Inc, Facebook Inc, Microsoft Inc, Vonage Holdings Corporation, Apple Inc, Google Inc, One Horizon Group Inc, and Kakao Corporation.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/mobile-voip-market

Market Segment:


Mobile VoIP Services Outlook (Revenue, USD Billion, 2014 - 2024)

    • Video and voice call

    • Video conferencing

    • Instant messaging

    • Others


Mobile VoIP Platform Outlook (Revenue, USD Billion, 2014 - 2024)

    • Android OS

    • iOS

    • Windows OS

    • Others


Mobile VoIP Regional Outlook (Revenue, USD Billion, 2014 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

        • Mexico

    • MEA


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com


 



North America Polyurethane (PU) Market Overview, Size, Share, Growth Factors and Trends Forecast till 2024

October 25, 2021: North America Polyurethane (PU) Market is expected to reach USD 19.18 billion by 2024. Polyurethane (PU) is a most adaptable plastic material formed by reacting a polyol with a polymeric isocyanate or di-isocyanate in presence of additives and catalyst. It is also termed as polycarbamates. They have high abrasion resistance, low in cost, good low temperature quality, and wide molecular structural variability. North America Polyurethane (PU) Market is estimated to grow at a significant CAGR of 4.2% over the forecast period as the scope and its applications are rising enormously across the globe.

Increasing anxiety regarding energy efficacy in the region, technological enhancement, growing customer awareness regarding thermal insulation, rising shift towards sustainable construction, and presence of major industries in the region are documented as major factors of North America Polyurethane (PU) Market that are estimated to enhance the growth in the years to come. However, poor thermal capability and weather ability and its flammable property may restrain overall market growth in the coming years. North America Polyurethane (PU) industry is segmented based on product type, end use, and region

Polyurethane elastomers, rigid polyurethane foam, adhesives & sealants, flexible polyurethane foam, polyurethane coatings, and other product types could be explored in North America Polyurethane (PU) in the forecast period. Polyurethane elastomers sector comprises cast polyurethane elastomers, sprayed polyurethane elastomers, and others.

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Rigid polyurethane foam sector accounted for the substantial market share of North America Polyurethane (PU) and is estimated to continue its dominance in the coming years. However, flexible polyurethane board is estimated to have high demand from end users like transportation, packaging, furniture, bedding, textiles, and others as they have good handling strength, durability, energy absorption property, and resiliency.

The market may be categorized based on end users like packaging, furniture & bedding, footwear, construction, automotive, electronics & appliances, and others that could be explored in the forecast period. Construction sector accounted for the substantial market share of North America Polyurethane (PU) and is estimated to lead the overall market in the coming years. This may be because of high spending in the United States, to improve public infrastructure and existing road. Also, electronics & appliances id estimated to grow at fastest pace with significant CAGR in the coming years.

The United States accounted for the substantial market share of North America Polyurethane (PU) and is estimated to lead the overall market in the coming years. The reason behind the overall market could be high demand for PU products from several end users like automotive, furniture, packaging, and construction and high consumer disposable income.

Mexico follow suit and is estimated to have a positive influence on the future growth. Also, it is estimated to grow at significant CAGR in the coming years. The aspects that may be ascribed to the growth comprise growing demand for lightweight and energy-efficient materials.

The key players of North America Polyurethane (PU) Market are Alchemie Ltd., BASF, Mitsui Chemicals America, Inc., The Dow Chemical Company, Tosoh America, Inc., Bayer Material Science, and Huntsman Corporation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Market Segment:


North America Polyurethane (PU) Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2010 - 2024)

    • Rigid Polyurethane Foam

    • Flexible Polyurethane Foam

    • Polyurethane Coatings

    • Adhesives & Sealants

    • Polyurethane Elastomers

        • Sprayed Polyurethane Elastomers

        • Cast Polyurethane Elastomers

        • Others

    • Others


North America Polyurethane (PU) End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2010 - 2024)

    • Furniture & Bedding

    • Construction

    • Electronics & Appliances

    • Automotive

    • Footwear

    • Packaging

    • Others


North America Polyurethane (PU) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2010 - 2024)

    • U.S

    • Canada

    • Mexico


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com





ESG Initiatives In The Bakery Product Industry

Embedding the value of environmental, social and governance (ESG) in the  bakery product industry  has become a vital cog in augmenting reve...