Monday, July 12, 2021

Automated Parcel Delivery Terminals Market Segmentation, Statistical Forecast and Competitive Analysis Report till 2025

July 13, 2021: Global Automated Parcel Delivery Terminals Market is expected to reach USD 1.06 billion by 2025. Automated Parcel Delivery Terminals is also termed as automated lockers/parcel kiosks are the separate units that are mounted in populated places like railway stations, shopping malls, grocery channels, and walkways. These terminals allow receiver to receive parcel or return their parcels within 24/7. The Automated Parcel Delivery Terminals 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 internet penetration and e-commerce business, low operating cost, and rise in cross border deliveries are documented as major factors of Automated Parcel Delivery Terminals Market that are estimated to enhance the growth in the years to come. However, requires large installation space for deployment, vulnerability to burglary, and growing other alternatives for delivery technology are the factors that may restrain overall market growth in the coming years. Automated Parcel Delivery Terminals industry is segmented based on deployment location, end-users, and region.

Outdoor terminals and indoor terminals are the deployment locations that could be explored in Automated Parcel Delivery Terminals in the forecast period. The indoor terminals sector accounted for the substantial market share and is estimated to lead the overall market in the coming years. This may be because they are cost efficient in comparison with outdoor terminals to operate and install, stress-free recovery of parcels in tough weather, and provides protection against vandalism and burglary.

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The market may be categorized based on end users like Institutions, retailers, government organizations, shipping and logistics, and others that could be explored in the forecast period. Government organization comprise postal departments, whereas, institutions comprise universities. The shipping and logistics sector accounted for the substantial market share of Automated Parcel Delivery Terminals and is estimated to continue its dominance in the coming years. This may be because of increasing volume of parcels and delivery failures. In addition, the retail sector is estimated to grow at fastest pace in the coming years.

Globally, Europe accounted for the substantial market share of Automated Parcel Delivery Terminals and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be presence of key manufacturers in the region, rising use of enhanced technology, and high demand of automated parcel from several government organizations, logistics companies, and retailers.

Instead the Asia Pacific and North America are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise growing ecosystem for logistics in the emerging countries like China and India.

The key players of Automated Parcel Delivery Terminals Market are ENGY Company, In Post, TZ Ltd., Cleveron Ltd., Winnsen Industry Co., Ltd., KEBA AG, ByBox Holdings Ltd., Smartbox Ecommerce Solutions Pvt. Ltd., Neopost group, and Bell and Howell, LLC. 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:


Automated Parcel Delivery Terminals Deployment Location Outlook (Revenue, USD Million; 2014 - 2025)

    • Indoor

    • Outdoor


Automated Parcel Delivery Terminals End-use Outlook (Revenue, USD Million; 2014 - 2025)

    • Government

    • Retail

    • Shipping & Logistics

    • Others


Automated Parcel Delivery Terminals Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

    • MEA


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Angina Pectoris Drugs Market Opportunities, Drivers, Industry-Specific Challenges And Risks till 2022

July 13, 2021: Global Angina Pectoris Drugs Market is estimated to reach USD 10.6 billion by 2022 owing to the rising number of patients suffering from angina pectoris and the probable acceptance of modern therapies like varespladib and Generx that are in late stage of clinical development. If these modern therapies are approved, they are expected to contribute impressively to the growth of angina pectoris drugs industry since they will be sold at premium prices by manufacturing companies.

When chest pain (angina) occurs, physicians suggest blockages in heart arteries. There are many types of angina one may have, but the major ones are chronic stable angina that occurs when the heart is working steadily and the unstable angina which occurs when the chest pain gets worse. The other types comprise variant angina and microvascular angina. At present, angina pectoris treatments are not comparatively effective and therefore newbies are experiencing new opportunities to introduce more effective therapies and contribute the growth of angina pectoris drugs market.

The rise in chronic diseases is one of the major growth factors for the growth of angina pectoris drugs industry. Angina Pectoris is mainly caused by growing prevalence of chronic diseases like high blood pressure, diabetes and obesity. High blood pressure and diabetes are likely to develop more serious health issues associated with numerous important organs. Obesity is the main reason for fatal cardiac disorders irrespective of the person is suffering from high blood pressure or diabetes. The increasing geriatric population is also projected to encourage the demand for angina pectoris drugs in the forecast period.

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(β-blockers) β-Adrenoceptor antagonists are suggested for the first line treatment of heart failure, arterial fibrillation, coronary artery disease and hypertension with heart failure, angina pectoris, or prior myocardial infarction. β-Blocker therapy is also used in asymptomatic patients with large areas of ischemia (level IIa C evidence) and in microvascular angina to recover effort-related angina symptoms. A research revealed that chronic stable angina affects very less population in the western countries with an anticipated yearly risk of death and non-fatal myocardial infraction of comparatively less population.

Angina pectoris drugs market is categorized on the basis of drug class, end-users, and geography. On the basis of drug class, the market is divided into Angiotensin-converting enzyme inhibitors, Beta-adrenergic blocking agents, Calcium channel blockers, Short & Long – acting Nitroglycerines, Anti-ischemic agents and Antiplatelet agents. In terms of end-users, angina pectoris drugs industry is segmented as retail pharmacies, hospital pharmacies and online pharmacies.

Geographically, angina pectoris drugs market is segmented as Asia Pacific, North America, Europe, South America, and Middle East & Africa. North America is expected to dominate the market owing to high prevalence of chronic disorders and improved healthcare infrastructure.

The prominent players in angina pectoris drugs industry comprise Astellas Pharma, AstraZeneca PLC, Ark Therapeutics Group plc, Cardium Therapeutics, Cardeus Pharmaceuticals, CardioVascularBioTherapeutics (CVBT), HUYA Bioscience International LLC, Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd, Korea Otsuka Pharmaceutical Co.Ltd, Pfizer, Inc., Baxalta US Inc., Gilead Sciences, Inc, Sanofi SA, and TSH Biopharm Corporation Limited.

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Market Segment:


Therapeutic Class Outlook (% market share; 2016 - 2022)

    • Beta Blockers

    • Calcium Antagonists

    • Anticoagulants

    • Anti-Platelets

    • Others

        • Nitrates

        • Anti-anginal (Ranolazine)

        • ACE inhibitors


Regional Outlook (% market share; 2016 - 2022)

    • U.S.

    • U.K.

    • France

    • Germany

    • Italy

    • Spain

    • Japan


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Wireless In-Flight Entertainment (W-IFE) Market Segmentation, Statistical Forecast and Competitive Analysis Report till 2025

July 13, 2021: Global Wireless In-Flight Entertainment (W-IFE) Market is anticipated to reach USD 3.53 billion by 2025. Inflight entertainment (IFE) refers to entertainment accessible to aircraft passengers during a flight. Wireless IFE systems comprise entertainment in the form of video games, video, and audio. Small LED TVs also help in raising individual entertainment that is connected to seat back panel. In order to get access to this facility, the consumer must possess a Wi-Fi enabled device. To enrich the travel experience, the airlines sector is enhancing the on-board connectivity via wireless in-flight entertainment.

The factors that propel the growth of the Wireless In-Flight Entertainment (W-IFE) industry include the enhancing passenger experience, increasing demand for inflight connectivity, major source of additional income for airlines through inflight entertainment, technology development, and fierce competition among airlines. On the other hand, the factors that may hamper the growth of the market including high costs of IFE systems. Wireless In-Flight Entertainment (W-IFE) 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.

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Wireless In-Flight Entertainment (W-IFE) industry may be explored by Aircraft type, filament type, Hardware, Technology, and geography. The market could be based on Aircraft Type as Wide-Body, Regional Jet, Narrow-Body. The “Narrow-Body” sector led the Wireless In-Flight Entertainment (W-IFE) Market in 2016 and is anticipated to maintain its dominance by 2025 owing to rising acceptance of W-IFE systems.

Wireless In-Flight Entertainment (W-IFE) may be analyzed by Filament Type as Line Fit and Retrofit. The “Retrofit” segment led the market and is anticipated to maintain its dominance by 2025.Wireless In-Flight Entertainment (W-IFE) may be analyzed by Hardware as Modems, WAPs, Antennas, and Others. The “Modems” segment led the Wireless In-Flight Entertainment (W-IFE) industry in 2016 and is anticipated to maintain its dominance by 2025 due to the development of next-generation Airborne Network (AN) systems and Airborne Internet (AI).Wireless In-Flight Entertainment (W-IFE) may be analyzed by Technology as L-Band, ATG, Ka-Band, and Ku-Band.

North America held the major share of the Wireless In-Flight Entertainment (W-IFE) Market and will continue to lead in the forthcoming period. The factors that could be attributed to the growth include increasing expenditure on air travel.

Some of the key players that fuel the growth of the Wireless In-Flight Entertainment (W-IFE) industry comprise BAE Systems PLC, Gogo, Inc., Rockwell Collins, Inc., Panasonic Avionics Corporation, Thales Group SA, SITAOnAir, Lufthansa Systems GmBH, Zodiac Aerospace, Bluebox Avionics Limited, and Inflight Dublin, Ltd. 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:


Aircraft Type Outlook (USD Million; 2014 - 2025)

    • Narrow-Body

    • Wide-Body

    • Regional Jet


Fitment Type Outlook (USD Million; 2014 - 2025)

    • Retrofit

    • Line Fit


Hardware Outlook (USD Million; 2014 - 2025)

    • Antennas

    • WAPs

    • Modems

    • Others


Technology Outlook (USD Million; 2014 - 2025)

    • ATG

    • Ku-Band

    • L-Band

    • Ka-Band


Regional Outlook (USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • Japan

    • Latin America

    • Middle East & Africa


Get in touch

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Sunday, July 11, 2021

Gibberellins Market Key Players Analysis, Segmentation And Forecast Report till 2024

July 12, 2021: The global Gibberellins Market size is expected to value at USD1,167.8 million by 2025. The market is subject to witness a substantial growth due to the increasing population across the globe and rising demand for quality agricultural goods. Gibberellins is responsible for cell elongation, growth of a plant, augment overall life span, and stimulate fruit producing abilities in plants. Such factors are expected to boost the growth of the market over the forecast period.

Other critical factors responsible for spurring the demand in gibberellins industry include superior quality of vegetables and fruits, and increasing demands of ever-growing population. Furthermore, growing preference towards adoption of the gibberellins by farmers because of its ability to foster growth of the plants under uncontainable and unprecedented atmospheric conditions, are boosting growth of the market in recent years. Gibberellins are widely utilized for the production of apples and grapes. Globally, the gibberellins market is predicted to grow at CAGR of 8.8% in forecast period, providing numerous opportunity for market players to invest in research and development in the market.

Globally, gibberellins industry is propelled by the increasing need for high agricultural yield, superior quality of agricultural goods, and growing beer industry. Also, the rise in number of craft distilleries due to the growing popularity of craft spirits among consumers are directly contributing to the growth of the industry in coming years. Subsequently, increase in the demand for the new malt flavors in craft distilleries to achieve distinct taste are spurring growth of the market.

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Rising import and export of fruit and vegetable all around the globe are creating the need for high quality of agricultural goods and longer life span, thus fostering growth of the gibberellins market over the forecast period. Increasing focus on organic farming and improvements in overall crop yield to meet demands of ever-growing population by developing economies in order to achieve self-sufficiency, are heavily contributing for increased production of gibberellins. With substantial demand by end user market for organic food is directly attributed to the expansion of the market. Increasing preference towards organic food products by consumers due to rise in the health awareness among individuals, environment impact, and animal welfare are escalating the demand for gibberellins industry in the forecast period. Though, rising competition limits the market potential to lead further.

Moreover, increasing advantages of cytokinins and auxins over gibberellins such as lower cost and numerous health benefits are hampering growth of the market. Yet, rising adoption of the gibberellins at commercial level for a various of fruits and vegetables to achieve breakage of dormancy, stimulation for plant growth, incitement for lateral branching, and improvement in the fruit size and shape, are accelerating demand of gibberellins market in coming years.

Gibberellins (GAs) are commonly known as vegetable hormones that are capable of regulating different plant developmental processes, such as stem elongation, sprouting, latency, and flowering. Gibberellins are widely popular as an essential plant hormone since last couple of decades. Commonly, most of the gibberellins are derived from diterpenoid acids. The production of gibberellins involve synthesis of terpenoid pathway in plastids, followed by modification involving the endoplasmic reticulum and cytosol till it becomes biologically active. Two widely popular processes implemented during production of gibberellins are ent-gibberellane skeleton andent-kaurene.

The market is divided into regional market segment such 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 adoption of latest product and increase in health consciousness among individual. Asia-Pacific region is predicted to hold major market share in the gibberellins industry with massive growth in forecast period. Countries such as India, Indonesia, and Malaysia are leading the Asia-Pacific market with reduced production cost, improved yield and superior quality. The key players in the market are Valent Co., Nufarm Limited, Sichuan Guoguang Agrochemical Corporations, Ltd., and Fine Americas Incorporations.

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Market Segment:


Application Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

    • Malting of barley

    • Increasing sugarcane yield

    • Fruit production

    • Seed production


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

    • North America

        • U.S.

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

    • Central & South America

        • Brazil

    • Middle East & Africa


Get in touch

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Specialty Medical Chairs Market Growth Opportunity, Status and Forecast Analysis Report till 2025

July 12, 2021: Global Specialty Medical Chairs Market is anticipated to reach 7.65 billion by 2025. Chairs that are designed for clinical need and provide functionality, comfort & safety to a patient are referred to as medical chairs. There are different types of medical chairs available in the market pertaining to this type of disorder. It helps patients for improving mobility or in enhancing comfort during several surgical procedures.

The factors that propel the growth of the Specialty Medical Chairs Market comprise growing demand, increasing purchasing power, product development & technological innovations, and rapid urbanization & industrialization, well-established healthcare infrastructure & facilities, rise in disorders, an increase in R&D undertakings. On the other hand, there are factors that may hamper the growth of the market such as economic stability and a high cost of specialty medical chairs. The market is anticipated to grow at a significant CAGR of 6.7% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Specialty Medical Chairs may be explored by product, end user, and geography. Specialty Medical Chairs Market may be explored by product as Blood Drawing Chairs, Birthing Chairs, Dialysis Chairs, Dental Chairs, ENT Chairs, Rehabilitation Chairs, Ophthalmic Chairs, and Others. The "Rehabilitation Specialty Medical Chair" segment dominated the Specialty Medical Chairs Market in 2016 and anticipated to maintain its dominance by 2025 owing to the growing aged population and increasing awareness.

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The market may be explored by end user as Extended Care Institute, Hospital, and Other. The "Hospital" segment dominated the Specialty Medical Chairs Market and anticipated to maintain its dominance in the forthcoming period. Specialty Medical Chairs Market may be explored by distribution channel as online stores, specialty stores, and others.

North America accounted for the major share of the Specialty Medical Chair Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include well-developed reimbursement structure, and increasing aged population, contributing to the overall revenue in this region. Also, the occurrence of lifestyle-associated disorders is giving rise to the expansion of the patient base, eventually raising the adoption rate for these products. North America is anticipated to reach USD 1.95 billion in 2016. Further, Asia-Pacific is expected to follow suit in the upcoming period and anticipated to grow at a CAGR of 7.5%.

Some of the key players that fuel the growth of the Specialty Medical Chair Market comprise ACTIVEAID, Inc.; A-dec, Inc.; DentalEZ, Inc.; Topcon Corporation; Fresenius Medical Care AG & Co. KGaA; Hill Laboratories Company; Midmark Corp.; Dentsply Sirona; PLANMECA OY; and Danaher (KaVo Dental GmbH). 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:


Specialty Medical Chairs, Product Outlook (Revenue, USD Million, 2014 - 2025)

    • Examination Chairs

        • Birthing

        • Cardiac

        • Blood Drawing

        • Dialysis

        • Mammography

    • Treatment Chairs

        • Ophthalmic

        • ENT

        • Dental

        • Others

    • Rehabilitation Chairs

        • Pediatric

        • Bariatric

        • Geriatric

        • Others


Specialty Medical Chairs, Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

        • France

        • Italy

        • Spain

    • Asia Pacific

        • Japan

        • China

        • India

    • Latin America

        • Brazil

        • Mexico

    • The Middle East and Africa

        • South Africa

        • Saudi Arabian


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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Petroleum Resins Market Key Players Analysis, Segmentation And Forecast Report till 2025

July 12, 2021: The global petroleum resins market is expected to reach USD 4.1 billion by 2025. The market is estimated to develop at a CAGR of 6.9% for the duration of the prediction. Growing ingestion of petroleum resins in tapes, labels, paints and coatings and synthetic rubber is likely to boost the progress of the market above the period of prediction. An extensive usage of these products, due to numerous benefits comprising great softening point, nail capability, temperature confrontation, outstanding thermal constancy and strong point for cracking, is likely to boost the development of business above the period of prediction. Increasing demand for petroleum resins in numerous uses together with wax modification, hot melt adhesives, contact adhesives, rubber and plastic modification and footwear and leather is estimated to motivate the progress of the business.

The Petroleum Resins market on the source of Type of End Use could span Personal Cleanliness, Packing, Automobile, End user Merchandises, Construction, and Others. The subdivision of construction was the leading section and was responsible for 30.9% stake of the general capacity in the year 2016. Hydrocarbon resins are utilized in the in the building and construction business in the arrangement of coverings in the cement adjusted flexible waterproofing films, waterproofing films on swimming pool floors, horizontal building materials, and topmost covering for commercial rooftop use.

The Petroleum Resins market on the source of Type of Application could span Tapes & Labels, Adhesives, Rubber & Tires, Paints, Printing Inks, and Others. The subdivision of “paints” is likely to observe growth in capacity by a CAGR of 6.4% during the period of prediction. Petroleum resins perform such as a binder gum and proposes a number of benefits comprising speedy parching, confrontation to alkali and scratch proofing. Also, the product surges the luster of paint and increases the bond, rigidity, and the confrontation of acids and alkali.

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The Petroleum Resins 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 Hydrogenated Resins, C9 Resins, C5/C9 Resins, C5 Resins. By the source of capacity, C5 Resins was the leading subdivision and was responsible for 51.6% stake of the general capacity in the year 2016. The tendency is likely to carry on above the period of prediction because of the increasing usage of C5 resins in the building & construction, personal cleanliness, automobile and tire businesses.

The increasing usage of C5 resins due to possessions for example outstanding color holding, a smaller amount noxious waste, greater power of adhesion, and greater confrontation to chemical, is likely to enhance the demand above the approaching years. The Petroleum Resins market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America [U.S.A], Europe [Germany], Asia Pacific [China], Central & South America [Brazil], Middle East & Africa.

By the source of geography, Asia Pacific is expected to display important income growth by an expected CAGR of 7.8% for the duration of prediction, because of the existence of healthy industrialized base of adhesives, tapes and rubber compounding in India, China and Singapore. The growing automobile manufacture essentially in Taiwan, Japan, Indonesia, China, and Malaysia is expected to boost the demand for the product. Continuing industrial development and growing overseas funds in the paints & coatings and packing subdivisions are expected to increase the scope of the business above the approaching years.

Government of India is likely to generate huge openings for the automobile manufacturing in the nation, that consecutively will help in the progress of the hydrocarbon resins market. Additionally, the increasing demand for speedy consumer merchandises in Asia Pacific is expected to motivate the demand for packing and inks materials, that in line is estimated to shoot the progress of the market.

Middle Eastern & African market was appreciated at US$ 78.0 million in the year 2016 and is estimated to observe sizeable development due to the increasing construction subdivision chiefly in the Qatar and UAE due to the financial retrieval, progressive real property controlling background, and growing scheme of substructure. Moreover, a number of issues comprising encouraging macroeconomics, optimistic demographics, and increasing vacation industry actions are expected to indorse the progress of the construction subdivision.

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The statement revises Trades in terms of intake of Petroleum Resins 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 Petroleum Resins are Total Cray Valley, ExxonMobil, Arakawa Chemical Industries, Kolon Industries, Eastman Chemical. Additional noticeable companies operating in the field are Neville Chemical, Puyang Tiancheng Chemical, Anglxxon Chemical Products, Puyang Shenghong Chemical, Lesco Chemicals, Shandong Landun Petroleum Resins, In nova Chemical, and ZEON CHEMICALS.


Market Segment:


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

    • C5 resins

    • C9 resins

    • C5/C9 resins

    • Hydrogenated resins


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

    • Paints

    • Adhesives

    • Printing inks

    • Rubber & tires

    • Tapes & labels

    • Others


End-use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

    • Automotive

    • Construction

    • Packaging

    • Consumer goods

    • Personal hygiene

    • Others


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

    • North America

        • U.S.

    • Europe

        • Germany

    • Asia Pacific

        • China

    • Central & South America

        • Brazil

    • Middle East & 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.


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Wednesday, July 7, 2021

Oilfield Chemicals Market Key Players Analysis, Segmentation And Forecast Report till 2025

July 08, 2021: The global Oilfield Chemicals Market is estimated to touch US$ 28.48 Billion by the completion of the year 2025. The growing demand for crude oil is expected to navigate the progress of the chemicals business above the period of prediction. The market is expected to develop by the CAGR of 4.3%. The international business is estimated to detect a rectilinear development tendency above the period of prediction due to the change in preference in the direction of misusing the exceptional means of hydrocarbon. Their uses in the in operations comprising workover & completion, production, cementing and drilling.

The oilfield chemicals are constituents those are useful in the operation of oil & gas pulling out. These are utilized in the amenities of well drilling and production to increase the taking out processes by way of refining efficiency & productivity of the oil drilling, procedure of petroleum purification and to attain the optimal performance by means of actual oil retrieval. These chemicals help in the conservation of even operational oilfield, that effect in decrease of expenditures above postponements and work stoppage for the period of drilling procedures. These chemicals obstruct the creation of the metallic scales and decrease the water content into the oil well throughout exploration & drilling. It consequences in growing demand and uses of oilfield chemicals.

The market is motivated by the growth in oil exploration & production actions, which sequentially upsurges the necessity for oilfield chemicals. Furthermore, the continuing actions to fulfil the universal demand for the energy, carried more crude oil wells and the production all over the world. It upsurges demand for the chemicals. However, price variation of crude oil and surge in conservational anxieties are likely to impede the progress of the market in the nearby future. The arrival of ecological responsive oilfield chemicals is likely to deliver a considerable opening for the progress in the near future.

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The market on the source of Type of Location could span Offshore, Onshore. The market on the source of Type of Application could span Workover & Completion, Production Chemicals, Enhanced Oil Recovery, Cementing, Drilling Fluids, Well Stimulation. The market on the source of Type of Product could span Foamers, Biocides, Rheology Modifiers, Inhibitors, Surfactants, Friction Reducers, Gallants & Viscosifiers, Demulsifiers, Corrosion & Scale Inhibitors, Polymers, and Others.

The market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America [U.S., Canada, and Mexico], Europe [Norway, Russia U.K.], Asia Pacific [India, China, Indonesia], Central & South America [Brazil, Argentina, Venezuela], and Middle East & Africa [UAE, Saudi Arabia, Nigeria, Algeria].

By the source of geography, North America is the most important area in the Oilfield Chemicals market. North America appeared by way of the biggest customer of oilfield chemicals and the provincial business was appreciated above US$ 6.80 billion in the year 2016 and is expected to observe stable development above the following eight years. The demand for inhibitor formulations in the U.S. was appreciated by US$ 910.8 billion in the year 2016 and is anticipated to develop by a CAGR of 4.5% above the period of prediction.

Asia Pacific is expected to appear as the speedily developing provincial section; thanks to the fact that it will be responsible for the grabbing more than 17% stake of the complete profits by the completion of year 2025.The area of Middle East & Africa is likely to observe a sturdy development by a CAGR of 4.5% for the duration of prediction. The statement revises trades in terms of intake 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 are Albemarle Corp., Lubrizol Corporation, New park Resources Inc., Solvay S.A., Schlumberger Limited, Akzonobel NV, BASF SE, Ecolab Inc., Halliburton, and Baker Hughes.

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Additional noticeable companies operating in the field are Champion Technologies, REDA Oilfield, Universal Oil Field Chemicals Pvt. Ltd., Clariant AG, Huntsman Corporation, Stepan Company, Imperial Oilfield Chemicals Pvt. Ltd., Chemcon Specialty Chemicals Pvt. Ltd., Kemira Oyj, and E I DuPont de Nemours and Company.


Market Segment:


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

    • Inhibitors

    • Demulsifiers

    • Rheology Modifiers

    • Friction Reducers

    • Biocides,

    • Surfactants

    • Foamers

    • Others


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

    • Drilling

    • Production

    • Cementing

    • Workover & completion


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

    • Onshore

    • Offshore


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

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • UK

        • Russia

        • Norway

    • Asia Pacific

        • China

        • India

        • Indonesia

    • Central and South America

        • Brazil

        • Argentina

        • Venezuela

    • Middle East and Africa

        • Saudi Arabia

        • UAE

        • Algeria

        • Nigeria


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