Tuesday, July 20, 2021

Magneto Resistive RAM (MRAM) Market Share, Segments, New Opportunity, Outlook And Top Players till 2025

July 21, 2021: Global Magneto Resistive RAM (MRAM) Market is expected to reach USD 4.80 billion by 2025. MRAM is abbreviated as Magneto resistive Random Access Memory, also termed as Magnetic RAM or Magneto-Resistive RAM, is a process of storing data bits using magnetic states. It uses a non-volatile random-access memory technology and is power efficient. The MRAM device is termed as a spintronics device. The Magneto Resistive RAM industry is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

Low power consumption, faster access time, and non-volatile data storage are documented as major factors of Magneto Resistive RAM Market that are estimated to enhance the growth in the years to come. However, memory density issue may restrain overall market growth in the coming years. MRAM industry is segmented based on types, end user, and region.

Toggle MRAM (T-MRAM) and spin-transfer torque (STT) MRAM are the types that could be explored in MRAM Market in the forecast period. The spin-transfer torque (STT) MRAM sector accounted for the significant market share of Magneto Resistive RAM (MRAM) industry and is estimated to lead the overall market in the coming years. The market may be categorized based on end users like robotics, enterprise storage, automotive, aerospace & defense, consumer electronics, and others that could be explored in the forecast period.

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Globally, North America accounted for the largest market share of MRAM in terms of revenue and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be growth in research & development activities and presence of key manufacturers in the region.

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 fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise growing advancements in infrastructures of data centers and rising acceptance of cloud computing. The developing countries like India and China are the major consumers of MRAM in the region.

The key players of Magneto Resistive RAM (MRAM) Market are Crocus Nanoelectronics, Avalanche Technology, and Everspin Technologies. 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:


MRAM Type Outlook (Revenue, USD Million; 2014- 2025)

    • Toggle MRAM

    • Spin-Transfer Torque MRAM (STT-MRAM)


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

    • Consumer Electronics

    • Robotics

    • Automotive

    • Enterprise Storage

    • Aerospace & Defense

    • Others


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

    • North America

    • Europe

        • Russia

    • Asia Pacific

    • RoW


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Strapping Machine Market Growth Analysis, Opportunities And Forecast Report till 2025

July 20, 2021: Global Strapping Machine Market is anticipated to reach USD 6.4 billion by 2025. The strapping machines are important to the packaging industry. Spending by high amount on packaging apart from the product itself is imperative, as the product is a quality product, but if it’s not properly packed, it might prove to be unattractive for the consumer. The machines are used for housing a band or strap about the packages to hold and provide surface and safety to the packages. Also, there is growth in the automatic strapping machines in comparison with the physically handled strapping machines to reduce the stress of the humans.

The factors that propel the growth of the strapping machine industry include increasing demand in food and beverage industries, investment by producers in these machines to achieve cost-as well as product effectiveness, concentrating more on package security that will further escalate the development. On the other hand, there are factors that may hamper the growth of the market including the requirement of huge amount of capital investment to initiate manufacturing. Strapping Machine Market is anticipated to grow at a significant CAGR of 4.9% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Strapping Machine industry may be explored by product type, application, material type, and geography. The market may be explored by product type as Hand-tools strapping machines, Automatic strapping machines, Semiautomatic strapping machines. The key applications that could be explored in the Strapping Machine Market include Currency Strapping, Plastic Strapping, Others. Strapping Machine industry may be analyzed by Material Type as PET, Baler Twines, Steel, PP, Polyester, PVC.

North America accounted for the major share of the Strapping Machine Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include high growth in the food and consumer packaging industry in the region. The Asia-Pacific region is expected to witness substantial growth rate throughout the market, which is majorly driven by developing economies such as India and China. Additionally, Asia Pacific is witnessing high growth in the packaging industry due to increase in the disposable income, increasing middle class population, etc.

Some of the key players that fuel the growth of the strapping machine industry comprise Strapex, Polychem Corporation, Transpak Equipment Corp., MOSCA GmbH, Australian Warehouse Solutions, Signode Packaging Systems Corporation, Samuel Strapping Systems, StraPack Inc., Venus Packaging, MJ Maillis SA, Messersì Packaging S.r.l., and Dynaric, Inc. 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:


Strapping Machine Product Outlook (Revenue, USD Million; 2014 - 2025)

    • Semi-automatic

    • Automatic

    • Fully automatic


Strapping Machine Material Outlook (Revenue, USD Million; 2014 - 2025)

    • Steel

    • Polypropylene

    • Polyester


Strapping Machine Application Outlook (Revenue, USD Million; 2014 - 2025)

    • Food & beverage

    • Consumer electronics

    • Household appliances

    • Newspaper & graphics

    • Others


Strapping Machine Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • UK

        • Germany

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa


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Polyacrylic Acid Market Opportunities, Drivers, Challenges and Growth till 2025

July 20, 2021: Global Polyacrylic Acid Market is anticipated to reach USD 3.79 billion by 2025. Polyacrylic acid is also termed as “Carbomer”. It is widely used in cleaners, paints, detergents and cleaners, and in personal care owing to its adhesive property and high bonding. Polyacrylic Acid implies synthetic high molecular weight polymer of acrylic acid, and its degree of ionization depends on the pH of the solution.

The factors that propel the growth of the Polyacrylic Acid industry include usage in waste water treatment. It has several properties like excellent absorption ability, and purification of water in the manufacturing industry. On the other hand, there are factors that may hamper the growth of the market including availability of inorganic chemical alternatives for water purification and wastewater treatment procedures such as alum pose and polyaluminum chloride giving tough competition to polyacrylic acid. Polyacrylic Acid Market is estimated to grow at a significant CAGR of 6.0% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Polyacrylic Acid industry may be explored by application and geography. The key applications that could be explored in the Polyacrylic Acid Market include Detergents & Cleaners, Water & Wastewater Treatment, Paints, Superabsorbent Polymers, Coatings, & Inks, and Others. The “Detergents & Cleaners” segment led the Polyacrylic Acid industry in 2017 and is anticipated to maintain its dominance by 2025 owing to increase in the consumption of liquid based laundry detergents in China is expected to drive the product demand over the years to come. Furthermore, increase in the inflexibility of environmental protection laws coupled with substantial capital spending on treating industrial wastewater and water.

Asia-Pacific accounted for the major share of the Polyacrylic Acid Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include substantial industrial growths in the wastewater treatment segment in Asia Pacific, and demand of aqua treatment chemicals in the forthcoming period. Asia-Pacific is followed by Europe followed by North America.

Some of the key players that fuel the growth of the Polyacrylic Acid industry comprise Nippon Shokubai Co., Ltd., Arkema S.A., Ashland, Inc., BASF SE, Lubrizol Corporation, KemiraOyj, Henan Qingshuiyuan Technology Co., Ltd., ZoupingDongfang Chemical Co., Ltd., The Dow Chemical Company, and Aurora Chemicals. 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:


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

    • Water & Wastewater Treatment

    • Detergents & Cleaners

    • Paints, Coatings, & Inks

    • Superabsorbent Polymers

    • Others


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

    • North America

        • U.S.

    • Europe

        • Germany

        • France

    • Asia Pacific

        • China

        • India

    • Central & South America

        • Brazil

    • Middle East & Africa


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Microtome Market Growth Analysis, Opportunities And Forecast Report till 2025

July 20, 2021: Global Microtome Market is expected to reach USD 73.5 million by 2025. A microtome is powered tool exclusively used to cut very thin slices of biological material like plant or animal tissue for microscopic examinations. Special metal, diamond blades, or glass blades is used reliant on the type of specimen and the preferred thickness.

Microtomes are used in microscopy, mainly for the preparation of samples for observation under electron or light radiation. Steel blades are most probably used to make sections of animal or plant tissues. Laboratories uses microtome for various testing purposes. Microtome blades are extremely sharp, and need continuous re-sharpening to keep its sharpness and need to be held with caution. The Microtome Market is estimated to grow at a significant CAGR of 4.6% over the forecast period as the scope and its applications are rising enormously across the globe.

Microtome Market is segmented based on type, technology, blade type, application, end users, and region. Vibrating microtome, sledge microtome, infrared laser microtome, rotary microtome, and other types could be explored in Microtome in the forecast period. Manual, fully automated, and semi-automated are the technologies that could be explored in Microtome in the forecast period. Fully automated sector accounted for the largest market share of Microtome and is estimated to continue its dominance in the coming years.

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There are several types of blade used in microtome are diamond microtome blade, metal microtome blade, and glass microtome blade that could be explored in forecast period. Metal blades are mainly made of steel and are used to slice the sections of animal and plant tissues for light microscopy histology. However, glass blades are exclusively used in electron microscopy and light microscopy applications.

The market may be categorized based on applications like cryosectioning technique, optical microscope, traditional histology technique, electron microscope, and others that could be explored in the forecast period. Electron microscopy is exclusively used to study stained thin sections about 60 to 100 nanometer of tissue and is termed as an ultramicrotome. In cryosectioning technique tissues are frizzed and cut in the frozen state using microtome-cryostat or freezing microtome. It is exclusively used to gain fast diagnosis in medical procedures. Research centers, hospitals, ambulatory surgical centers, and others are the end users that could be explored in Microtome in the forecast period.

Globally, North America accounted for the substantial market share of Microtome and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be growing healthcare facilities reliant on enhanced cryostat microtome equipment. 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 fastest pace with the highest CAGR in the foremost period. The developing countries like India and China are the major consumers of Microtome in this region.

The key players of Microtome Market are Alltion, Amos scientific, AGD Biomedicals, Bright Instrument, MICROS Austria, Leica, Orion Medic, Thermo Fisher, Histo Line Laboratories, Medite, RMC Boeckeler, Auxilab, and Slee Medical. 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:


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

    • Microtome Devices

        • Rotary Microtome

        • Vibrating Microtome

        • Other Microtomes

    • Accessories


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

    • Fully Automated

    • Semi-Automated

    • Manual


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

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • Japan

    • Latin America

        • Brazil

        • Mexico

    • Middle East & Africa

        • South Africa


Get in touch

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Sunday, July 18, 2021

Vitamin D Market Segmentation, Statistical Forecast and Competitive Analysis Report till 2025

July 19, 2021: Global Vitamin D Market is expected to reach significant USD in billion by 2025. The body as a response to sun exposure produces Vitamin D, also known as the sunshine vitamin. It is a fat-soluble vitamin, which is naturally present in very few foods and available as a dietary supplement. It is actually a pro-hormone rather than a vitamin. Moreover, it is also produced when UV rays from sunlight strike the skin and activate vitamin D synthesis.

Vitamin D is necessary for maintaining healthy bones and teeth, protect against disorders like cancer, type 1 diabetes, and multiple sclerosis. The sun, supplements, and food are the major source of vitamin D and these are biologically inert and should undergo two hydroxylation in the body for activation. The Vitamin D 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. Vitamin D Market is segmented based on analog, test type, applications, end users, and region. Vitamin D3 and Vitamin D2 are the analogs that could be explored in Vitamin D in the forecast period.

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There are several test types that includes 1, 25-Dihydroxy Vitamin D Test, 25-Hydroxy Vitamin D Test, and others that could be explored in Vitamin D in the forecast period. 25-Hydroxy Vitamin D Test sector accounted for the substantial market share of Vitamin D and is estimated to lead the overall market in the years to come. This is mainly due to the ability of the test to detect bone malfunctions, the availability of various products, and recent commercialization.

The market may be categorized based on applications like Personal Care, Functional Food & Beverages, Animal Feed & Food, Pharmaceuticals, and others that could be explored in the forecast period. Functional food & beverages sector accounted for the substantial market share of Vitamin D and is estimated to lead the overall market in the years to come. This may be because of the rising application of vitamin D in functional food & beverages like milk, cheese, and yogurt. Pregnant Women, Children, and Adults are the end users that could be explored in Vitamin D in the forecast period.

Globally, North America accounted for the substantial market share of Vitamin D and is estimated to lead the overall market in the upcoming years. The reason being, the presence of key players in the region, high awareness regarding regular screening, and accessibility of various commercialized products in the region. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth.

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Europe 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 rising demand in developing countries like India, commercialization of tests in China and Japan, and rising spending on healthcare.

The key players of Vitamin D Market are ADM Alliance Nutrition, Inc., Nestlé S.A., Koninklijke DSM N.V., BASF, and Pfizer Inc. 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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Supply Chain Analytics Market Opportunities, Challenges, Strategies And Forecast Analysis Report till 2025

July 19, 2021: The global Supply Chain Analytics Market is expected to reach USD 9875.2 Million by 2025. Supply chain analytics completely transforms the business, particularly in the manufacturing, retail, automotive, and FMCG sector. It thus enables business and enterprise owners to land into better decisions. With the wave of digitization, having a strategic advantage turns out to be a boon for businesses; which further creates lucrative opportunities for data handling and analysis. Analytics thus enables automated data crunching at a massive scale for quick delivery on critical insights beneficial for businesses.

The driving factors for supply chain analytics industry include rising awareness among consumers and optimizing needs of consumers to cater to large demand for supply chain analytics. The rise in awareness among consumers regarding benefits of supply chain analytics emphasizes on data and forecast analysis with an objective to enhance the supply chain process.

In addition, the deployment of supply chain analytic solutions enables the customers to choose for company’s profitability and increase the market share in the long term. However, factors such as inefficacy of supplier networks, surge in cost of warehousing, variation in consumer demands, and redundancy in forecasts is likely to affect the market growth in the forecast period.

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By solution, the supply chain analytics market is segmented into procurement and planning, visualization and reporting & sales and operations. By Industry, the supply chain analytics industry is segmented into aerospace & defense, IT & Telecom, retail, pharmaceuticals and life sciences.

Geographical segmentation for supply chain analytics market includes North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa. Asia-Pacific’s supply chain analytics industry is likely to grow at a stupendous CAGR in the forecast period due to availability of large consumer pool and use of business intelligence for operations. In addition, the APAC’s market is likely to gain a positive traction in the forthcoming period owing to presence of small and large manufacturers. North American and European markets are likely to achieve a remarkable CAGR during the forecast period due to the use of analytics and forecast to identify consumer behaviour at large and to monitor the logistics and transportation.

The key players for supply chain analytics market include SAS Institute Inc, SAP SE, IBM Corporation, Oracle Corporation, IBM Corporation, Sage Clarity Systems, MicroStrategy Inc, Oracle Corporation, Genpact Ltd, Birst Inc, Kinaxis Inc, Tata Consultancy Services and Capgemini Inc.

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Market Segment:


Solution Scope (Revenue, USD Million; 2014 - 2025)

    • Logistics Analytics

    • Manufacturing Analytics

    • Planning & Procurement

    • Sales & Operations Analytics

    • Visualization & Reporting


Deployment Scope (Revenue, USD Million; 2014 - 2025)

    • Cloud

    • On-premise


End-use Scope (Revenue, USD Million; 2014 - 2025)

    • Retail & Consumer Goods

    • Healthcare

    • Manufacturing

    • Transportation

    • Aerospace & Defense

    • High Technology Products

    • Others


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

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

    • Middle East & Africa (MEA)


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Steel Market Segmentation, Statistical Forecast and Competitive Analysis Report till 2025

July 19, 2021: Global Steel Market is expected to reach USD 1.01 trillion by 2025. Steel is an alloy of carbon and iron-containing less than 2% carbon and 1% manganese and little amount of oxygen, silicon, Sulphur, and phosphorous. It is known as the universe most important construction and engineering material. It is exclusively used in cargo ships and surgical scalpels, cars and construction products, and refrigerators and washing machines. The Steel Market is estimated to grow at a significant CAGR of 2.6% over the forecast period as the scope and its applications are rising enormously across the globe.

Increasing use of strong building materials, rising inclination of contractors towards sustainable, and low cost of materials are documented as major factors of steel industry that are estimated to enhance the growth in the years to come. However, ban on iron ore may restrain overall market growth in the coming years. Steel Market is segmented based on type, product type, application, end user, and region.

Stainless steel, carbon steel, and alloy steel are the types that could be explored in Steel in the forecast period. Alloy steel is exclusively used in auto parts, electric motors, pipelines, transformers, and power generators.

Tubes, hot rolled steel, directly rolled steel, cold rolled steel, and other product types could be explored in Steel in the forecast period. The market may be categorized based on applications like industrial structures, pre-engineered metal buildings, bridges, and others that could be explored in the forecast period.

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End users comprise automotive industry, infrastructure and construction, mechanical machinery, and others that could be explored in Steel in the forecast period. Others sector may comprise transportation, electrical, and domestic appliances. Infrastructure and construction sector accounted for the substantial market share of Steel and is estimated to lead the overall market in the coming years. This may be because of growing steel intensive infrastructure like power sector, roads, airports, rails, and ports.

Globally, Asia Pacific accounted for the substantial market share of steel industry and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be rise in infrastructure spending in developing countries as rising population, growth in residential construction, and rising demand from customers like maintainable yet low-cost building materials and selecting for lightweight products. The developing countries like India and China are the major consumers of Steel in the region.

Instead, Europe 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, Europe is estimated to grow at fastest pace with the highest CAGR in the foremost period.

The key players of Steel Market are POSCO, ArcelorMittal, Nippon Steel & Sumitomo Metal, Ansteel, Jiangsu Shagang, Baosteel, and Hebei Iron and Steel. 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:


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

    • Hot Rolled Steel

    • Cold Rolled Steel

    • Direct Rolled Steel

    • Tubes

    • Other Profiles


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

    • Pre-Engineered Metal Buildings

        • Primary Members

        • Secondary Members

        • Roofs & Walls

        • Panels

    • Bridges

    • Industrial Structures


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

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • France

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Mexico

        • Brazil

    • Middle East & Africa

        • Bahrain

        • Egypt

        • Iran

        • Iraq

        • Jordan

        • Kuwait

        • Libya

        • Oman

        • Qatar

        • Saudi Arabia

        • Sudan

        • Syria

        • Turkey

        • United Arab Emirates


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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...