Market Research Blog – Page 11060 – New Product Development

Talent Acquisition & Staffing Technology and Services Market 2022 | Scope of Current and Future Industry 2028

The Talent Acquisition & Staffing Technology and Services Market are further projected to register a CAGR of 5.7% to top a valuation of US$ 196 Bn by 2028. With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent.

Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring companies miss out on more than 50% of qualified candidates and tech firms incorrectly classify up to 80% of candidates.

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Machine Learning to Transform the Talent Acquisition Process

In the war to hire rock star candidates, the global talent acquisition & staffing technology and services market is undergoing a sea change. However, true potential will be unlocked only when organisations focus on the power of machine intelligence wherein experts build a knowledge graph of the existing workforce and the positions required within an organisation. This data-driven knowledge graph will broaden the scope; hiring companies would no longer have to manually dig through thousands of candidate applications and can leverage intelligent recommendations through machine learning. While machine learning would automate various repetitive aspects of the recruitment process, it would also help identify top candidates from large talent pools on job boards.

Recently launched Google’s ‘Cloud Job Discovery’ that provides plug-and-play access to Google’s search and machine learning capabilities has helped more than 3,000 job seekers connect with employers on various job boards and company career sites. The Cloud Job Discovery tool encompasses the entire recruiting ecosystem and has been designed to provide an improved candidate-employer experience. Google has also launched a tool called ‘Google for Jobs’ that gives smart recommendations to job seekers and helps them find the right jobs.

Chatbots for Candidate Engagement Trending the Global Market

Automation has permeated nearly every sector, with chatbots being the latest addition to the HR toolbox. Hiring companies are now using smart algorithms to screen candidate resumes and are deploying intelligent recruitment assistants to identify top prospects; pre-screen candidates; and to facilitate effective candidate engagement.

Recruitment Marketing and Advertising Initiatives to be the Go-to Strategy for Talent Acquisition; Interactive Recruiting to Metamorphose the Overall Hiring Experience

A recent study by Future Market Insights highlights the importance of marketing and advertising in the recruitment process. The growth in the talent acquisition market has led to the evolution of many technologies that are revolutionising the recruitment landscape. To enhance the talent acquisition process and bring in more effectiveness, recruiting organisations are moving towards interactive hiring that requires extensive communication with the applicants in addition to the basic sourcing and recruitment process. A detailed report on the global talent acquisition and staffing technology and services market by Future Market Insights forecasts the market to reach a valuation of US$ 196,136.0 Mn by 2028, up from US$ 100,605.9 Mn in 2017. This translates to a CAGR of 6.25% during the 10 year period from 2018 to 2028.

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Key Segments of Talent Acquisition & Staffing Technology and Services Industry Survey

By Category:

Marketing and Advertising
Technologies
Services

By Industry:

Education
Manufacturing
BFSI
Healthcare
IT & Telecommunication
Energy
Retail
Transportation
Others

By Platform:

Internal Referrals
Other Internet Platforms
Social Platforms

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa (MEA)

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 6-years.

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Silane Coupling Agents Market | Industry Research, Segmentation, Key Players Analysis and Forecast to 2027

Silane coupling agents are compounds whose end molecules have functional groups, which can react and result in bond formation with organic and inorganic compounds. Commercially, silane coupling agents are commercially available with different functional groups, such as expoy, vinyly, acryloxy, amino and many other groups, which enable various functions of silane coupling agent compound to be used in applications, such as resin modification and surface treatment.

With the ability of forming bonds with organic and inorganic materials, the silane coupling agent is a material of choice that provides improved mechanical strength to a composite material. Also, silane coupling agent has exceptional resulting properties, such as better heat resistance, water resistance, improved weather ability and improved durability of resin.

Pertaining to these exceptional properties, silane coupling agent finds its adoption in different applications in industries such as chemical, automotive, electrical, energy and construction. The chemical industry predominantly adopted silane coupling agents for improving transparency and viscosity during mixing and kneading.

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In the construction industry, silane coupling agents are generally used to improve the strength and durability of exterior walls, buildings and other structures for a long term. The automotive segment uses silica-reinforced tyres with relatively high molecular weight, which can withstand with the challenging weather conditions.

The chemical and automotive industries are expected to remain the major industries using silane coupling agents for their applications. Most of the key players are working in the formulation of silane coupling agents, who hold the maximum market share.

Over the next ten years, the increasing activities to develop new products coupled with growing implementation of novel technologies for accomplishing better operating efficiency and productivity have facilitated the competitive universe.

Silane Coupling Agents Market: Drivers and Restraints

In last few years, there has been inclination towards increase in the production & consumption of silane coupling agents. The growth is owing to the rise in application from many end-use industries such as construction, automotive, construction and electrical and similar development is likely to be followed in the coming 5 -10 years.

Also, increasing awareness amongst companies concerning usage of silane coupling agent as an exploitation for energy applications which includes development of hybrid materials that can be used in wind power assemblies and sealed off resins used in solar panels is expected to fuel the growth of the market over the next decade.

Furthermore, the growing adoption of silane coupling agents compound for improving adhesion and dispensability of inorganic materials combined with consumption as raw material for the formulation of hard-coat materials is further predictable to thrust the demand for silane coupling agent.

On the other hand, some major players through incessant R&D activities & endeavors together with increasing skilled knowledge and awareness in the business have provided them to witness competitive advantage, thus boosting the overall growth of the market over the next coming years.

Silane Coupling Agents Market: Regional Outlook

The global silane coupling agents market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

As of 2016, North America and Western Europe are expected to gain maximum market share owing to expansion of application industries, such as automotive, construction and chemical. APEJ is expected to witness fast growth primarily driven by the growing usage of silane coupling agent in the energy industry and increase in the usage of silica-reinforced tires.

Also, increasing manufacturing units particularly in the emerging economies, such as China and India, also increases the supply within the region. In addition, increasing population and disposable incomes are prominent factors for the high growth of the end-use industries. MEA and Latin America are also projected to expand with a significant CAGR over the forecast period.

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Examples of some of the market participants in the global silane coupling agents market identified across the value chain include

Hexpol Compounding
Dow Corning
3M
Evonik
Rayton Chemicals
Shin-Etsu Silicones
Hexpol Compounding
Gelest
Tianjin Shengbin Chemical Engineering
Advanced Polymer Inc.
China National Bluestar Co. Ltd.
WD Silicone

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Military Communications Market Value to Grow by Almost US$ 68 Bn in 2028 | Report by FMI

The Military Communications Market size is slated to reach US$ 39 Bn in 2022, to increase at a 9.7% CAGR, pushing the overall market size to US$ 68 Bn in 2028. Defense Advanced Research Projects Agency (DARPA) recently announced a new program that aims to improve military communications at a millimetre (Mm) wave, with digital phased arrays. The current millimetre wave system, which is platform-specific and inconvenient, lacks interoperability and sufficient security. To make it broadly applicable with improved security attributes, researchers are expected to face multiple technical challenges such as wideband frequency coverage, mesh networking, and precision beam pointing.

DARPA’s newly announced program is supposed to create a multi-beam to operate at 18-50 GHz for optimum security in communications among multiple military platforms. Recent findings highlight the growing interest in the broader use of the Mm wave frequency band to achieve enhanced security in communications occurring on small mobile platforms. Advances in Mm wave, multi-beam phased arrays, and other technologies such as digital radio are foreseen to drive the transformation of networked mobile platforms, which will eventually impact communication.

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Demand in Command & Control to Persist; Land Force to Register Maximum Use

Growing demand for multi-intelligence ground systems, and large-scale, high-performance data and signal processing is anticipated to drive applications of military communications in Command & Control, followed by in Intelligence, Surveillance, and Reconnaissance (ISR). In terms of end use, the adoption of military communications solutions by Land Force will remain the maximum, compared to Air Force and Naval Force. Military communications will continue to play a pivotal role in warfare, with numerous technological advancements and potential applications.

2.5X Growth Predicted for Satellite Communication Systems, Strongly Backed by Rapidly Improving Satellite Communication Infrastructure

For more than four decades, satellite systems continue to be on the leading edge of military communications. However, it is most likely that a range of cutting-edge terrestrial communication technologies such as smart phone will outweigh the capabilities of satellite communication technology in upcoming years. Researchers and technology experts are currently exploring various ways of introducing the satellite coverage technology to terrestrial communication systems used commercially.

Fixed satellite service and mobile satellite service providers can create abundant opportunities for the development of advanced military communication equipment. Furthermore, collaborations involving satellite communication service providers can potentially create a heap of new revenue generation channels for advanced and connected military communication solution providers.

The revenue through adoption of SCS (satellite communication systems) is predicted to grow 2.5X during 2018-2028.

The military is rapidly going ‘wireless’, specifically for sensor-driven security, environmental control, tactical applications, and yard management. Military wireless communication systems are often designed to operate in harsh environments, where the equipment is exposed to stringent environmental factors.

Furthermore, these systems also provide high-level security to protect sensitive data critical for national security and tactical operations. Swift development of commercial wireless communication technology has surged the interest of the military community in leveraging commercial technologies for addressing incessant communication needs.

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Military Communications Market By Category

Component:

Systems
- Satellite Communication Systems
- Radar & Sonar Systems
- Radio Systems
Services
- Consulting
- Testing & Integration
- Support & Maintenance

Applications:

ISR
Situational Awareness
Command & Control

End User:

Air Force
Land Force
Naval Force

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

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Engineered Wood Market | Global Industry Analysis, Size, Share, Growth, Trends And Forecast to 2027

Engineered wood is also known as man-made wood or composite wood, and these are quite popular in recent times due to their cost effective and ecofriendly properties. These woods are formed of composite materials manufactured by binding the strands, fibers and particles all together with the help of suitable adhesives.

These engineered woods can be made by utilizing wastes such as sawmill waste, rice straw, sugarcane bagasse, wheat straw and other wood wastes thus making them cost effective and environment friendly. Engineered wood is mainly used as a substitute to hardwood and concrete. In many construction building projects, the products of engineered wood are used as an alternative of steel in beams.

One of the advantage offered by engineered wood products is that it can be designed as per the demand and custom specifications of the end user. The main users of engineered wood products are construction developers, architects, designers etc. Promotion of green life and regulations concerning deforestation has led the global engineered wood market to expand with a decent pace.

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Engineered Wood Market: Dynamics

Government norms and regulations such as Bharat stage emission standards or European emission standards regarding CO2emissions are driving the market for engineered wood at whole different level. Owing to the factors like cost efficiency, enhanced quality, waste reduction and environment friendly nature, the engineered wood market is expected to witness significant growth in the market.

There are certain innovations in the technologies and machining systems have been developed in order to improve the efficiency and quality of the products which are expected to further drive growth of the market.

Although the global engineered wood market has potential opportunities in the future still the manufacturers of engineered wood products face some challenges regarding durability and fire resistant properties of engineered wood products.

There are certain adhesives like Urea-formaldehyde used in the manufacturing of engineered wood products which are quite toxic. Also some products such as particle boards may not be suitable for outdoor use as they are more prone to humidity.

The ongoing developments regarding advanced grading and better material selection techniques is expected to result in improved definition of timber quality and efficient performance of the products.

Engineered Wood Market: Regional Outlook

The ecofriendly features of the engineered wood products will force the global market to grow at a rapid pace during the forecast period. Increase in the construction of large buildings structures leads to the increased demand of cross laminated timber. North America have a significant usage of plywood and oriented strand boards resulting in the growth of engineered wood market.

Similarly European countries have high usage of glued laminated timber and I-beams. Growing industrialization and urbanization in developing regions such as Latin America and Japan has witnessed a significant growth in the engineered wood market and is expected to continue during the forecast period.

In the Regions of Asia Pacific, countries like India and China having high population, dominates in the residential segment of the market. Middle East and Africa has high production rate in raw materials hence the market is expected to move at a higher pace and is anticipated to have a significant growth at the global level.

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Engineered Wood Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Engineered Wood Market include:

Celulosa Arauco Y Constitución S.A.
Louisiana Pacific Corporation
SCM Group
Boise Cascade Company
Roseburg Forest Product Company
Huber Engineered Wood LLC
Cefla Finishing Group
Georgia Pacific Wood Products, LLC,
Patrick industries, Inc.
Weyerhaeuser Company

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

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OTT Content Market is Expected to Surge at a CAGR of 17.4% from 2022 to 2030 | Report by FMI

The emergence of the live streaming trend and virtual reality technology is a great opportunity for major players to develop innovative offerings in the OTT content market. An increase in the adoption of high-speed broadband, along with the increasing demand for smartphones and smart televisions is contributing to the growth of the OTT content market. Players in the market are continuously upgrading their product portfolios to meet the increasing demands in the competitive global OTT content market. OTT content streaming market reached a valuation of around US$ 315.6 Bn by 2030 and is slated to surge at a CAGR of 17.4% from 2022 – 2030.

The presence of multiple regional and global players has resulted in market fragmentation over the years, and vendors are focusing on differentiating their content and platform offerings to retain competitive edge. The impact of government regulations is moderate and the demand for regional content is comparatively high.

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New players are looking to partner with telecom providers and outsource OTT content while the main strategy of distributors is to source content from the different OTT players. As viewers demand the most trending content, distributors need to buy such content from content providers, which lets the content providers have an upper hand, hence limiting the bargaining power of distributors.

Proliferating Penetration of Mobile and Other Connected Devices to Push Market Revenue in the Coming Years

Smartphones and tablets have become the first go-to devices for communication and content consumption. Additionally, with the rapid adoption of 4G services in developing countries and the First World moving towards advanced telecommunications technologies, mobile Internet diffusion is anticipated to accelerate in the coming years. Optimal pricing of 4G enabled phones has led to increasing smartphone penetration in various regional consumer markets, leading to a surge in demand for OTT content.

At present, OTT content and related services are an attractive and feasible alternative to traditional entertainment channels. Growing preference for OTT content can be attributed to expanding content libraries and affordability relative to conventional TV subscriptions. For instance, subscription video on demand (SVOD) services led by Netflix, Amazon, and Hulu, are very popular among users owing to the affordable pricing structure.

Key Companies Profiled

Akamai Technologies, Inc.
Amazon.com, Inc.
Apple, Inc.
Brightcove, Inc.
Google, Inc.
Hulu LLC
Limelight Networks, Inc.
Netflix, Inc.
Roku, Inc.

Limited Offline Availability May Create a Roadblock to Market Growth

A disruption in the Internet connection when a user or subscriber avails VoD services generally results in the re-streaming of the video. This can lead to user dissatisfaction caused by the loss of time and data in consuming the content. The content not being available offline for download further creates a poor customer experience. These factors may lead to restrictive adoption of OTT content services.

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Key Segments Covered in OTT Content Industry Survey

OTT Content Market by Content Type

OTT Video Content
- Entertainment & Infotainment
- Food, Travel & Fashion
- Gaming & Sports
OTT Audio Content
OTT Games Content
OTT Mobile Applications Content
OTT Communication Content

OTT Content Market by Access Type

OTT Streaming Devices
Desktops & Laptops
Smartphones & Tablets
Smart TVs
Others

OTT Content Market by Revenue Model

SVOD (Subscription-based Video on Demand) Services
AVOD (Advertising-based Video on Demand) Services
TVOD (Transactional Video on Demand) Services
Live Streaming Services
Others

OTT Content Market by Region

North America OTT Content Market
Latin America OTT Content Market
Europe OTT Content Market
East Asia OTT Content Market
South Asia & Pacific OTT Content Market
Middle East & Africa (MEA) OTT Content Market

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Sulfamic Acid Market | Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2027

Sulfamic acid is also named as amidosulfuric acid, amidosulfonic acid, sulfamidic acid, and aminosulfonic. Sulfamic acid is a molecular compound with chemical formula (H3NSO3). It is a water-soluble, and colorless compound present in various applications.

Sulfamates are also byproducts of sulfamic acid.Sulfamic acid is majorly a predecessor to sweet-tasting mixtures. Sulfamic acid is also used in the design of various types of therapeutic agents including HIV protease inhibitors (PIs), antibiotics, anti-cancer drugs (carbonic anhydrase and steroid sulfatase inhibitors), anti-epileptic drugs, nucleoside human immunodeficiency virus that are reverse transcriptase inhibitors, and weight loss drugs.

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Sulfamic Acid Market: Drivers & Restraints

The major factors boosting the growth of the sulfamic acid market are high demand in the various industrial application and rising demand for personal care products in the market. The tendency to spend on cosmetics not immensely impacted by a slowdown, rather consumer choices during this period inclines to shift to minimum priced market products. Personal care industry is a most attractive and potential market and thus it is expected to grow in the near future.

Hence, demand for sulfamic acid is expected to grow in forecasted years. Sulfamic acid is proven as a safe ingredient in personal care products application, however, the cosmetic segment is considered it as a moderate hazard. Sulfamic acid can also lead to cancer related and cellular level changes concerns if used for an elongated period.

Sulfamic Acid is a water-soluble compound majorly used as cleaning agent of processing equipment in industrial purpose. As a cleaning agent, Sulfamic Acid can be used in a wide variety of industries including which boost up its demand across the globe in coming years.

In addition, sulfamic acid other uses such as the catalyst for esterification process, herbicide, coagulator use for urea-formaldehyde resins, an ingredient in fire extinguishing media, and pigment & dye manufacturing. Sulfamic acid is the primary raw material for the various chemical product which is a largely used fire retardant substantial and herbicide for household by-products also driving its demand across the regions.

On the other hand, the major factors restraining the overall growth of the sulfamic acid market are, health related concerns such as, It can also cause cancer-related and cellular level changes health related issues if used for an elongated period and government regulations.

Sulfamic Acid Market: Key Players

Few players identified in Sulfamic Acid market are:-

Nissan Chemical
Raviraj Chemicals
Palm Commodities
Mingda Chemical
Yantai Sanding
Laizhou Jinxing
Shandong Xingda
Nanjing Jinzhang
Laizhou Guangcheng
Jiangsu Yazhong
Others

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Sulfamic Acid Market: Market Segmentation

The sulfamic acid market is segmented into four parts based on the forms, end-use type, industry types, and geography.

Based on the form of Sulfamic Acid market is segmented into:

Crystal
Powder
Liquid
Others

Based on the end use Sulfamic Acid market is segmented into:

Paper & Pulp production
Electroplating and Electro-refining
Plastic
Sulphation and Sulphamation
Chlorine Stabilization
Dyes and Pigments
Others

Based on the industry Sulfamic Acid market is segmented into:

Food and Beverages
Pharmaceutical
Cosmetics
Agriculture/Animal Feed
Others Industries

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Automotive Infotainment SoCs Market Outlook, Current and Future Industry Landscape Analysis 2028

Future Market Insights (FMI) has published a new research report on automotive infotainment SoCs, titled, “Automotive Infotainment SoCs Market : Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028).” The report presents an overall view of the global market in reference to the historical as well as future growth trajectory. The statistics and information on the present trends and scenarios have also been mentioned in the study.

According to the report, the global market for automotive infotainment SoCs is projected to exhibit a CAGR of 6.9% from 2018 to 2028. The market was worth US$ 9,035.0 Mn in 2017 and is expected to touch a valuation of US$ 18,485.9 Mn by the end of 2028.

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In order to stay competent in the market and also retain their position, the companies are looking forwards to make long-term contracts business partnerships with other leading companies in order to increase their business revenue and also come up with new innovation strategies or reaching out to new potential customers. A leading company operating in the market, Texas Instruments Incorporated, introduced two industry’s minutest gate driver and power MOSFET solutions for motor control. CSD88584/99 NexFET Power blocks and DRV832x brushless DC (BLDC) gate drivers, when used together, will reduce size and weight in motor drive application.

The DRV832x BLDC gate drivers feature a smart gate drive architecture to 24 components traditionally used to set the gate drive current, and The CSD88584Q5DC and CSD88599Q5DC power blocks leverage two FETs in a unique stacked-die configuration. The other companies in the global automotive infotainment SoCs market are ON Semiconductor Corporation, NVIDIA Corporation, Renesas Electronics Corporation, Qualcomm Technologies, Inc., and Infineon Technologies AG., among several others.

Proliferating Technological Advancements in a Row to Augur Well for Market

The automobile industry is undergoing a Herculean digital makeover, as most of the leading automakers are financing considerable resources in the R&D of vehicle automation to meet the changing demands and to enhance the driving experience of customers. Next-generation automobiles include speech recognition, audio/video sensing, image compatibilities, GPS and radar capabilities, advanced driver assistance, next level security and safety, and IC-integrated LED front lighting.

Infotainment system-on-chips have a crucial role in vehicle automation for driving automation, and this is used in automobiles to optimally incorporate various advanced features in vehicles. As a result, various automakers are adopting automotive infotainment system-on chips to provide optimal driving experience to their customers and thereby, encouraging the automotive infotainment SoCs demand.

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High Production Costs and Huge Gap in Technological Sophistication to Pose Threat to Market Growth

Adhering to the technological standards of infotainment SoCs is perplexing for most of the core vendors, with the various technological advancements and innovations in the automotive industry and semiconductors coming into view. Automotive infotainment SoCs manufacturers are unremittingly updating and innovating infotainment system-on-chip products in order to stay competitive in the market. However, high production costs of graphite and carbon fibers, silicon carbide, potting compound porous ceramics which comprise the price of substrates, fabrication, and others constitute one of the core dynamics, which are likely to restrain the growth of the global automotive infotainment SoCs market in the near future.

Market Taxonomy

The global automotive infotainment SoCs market has been segmented into:

By Vehicle Type:

Passenger Cars
Commercial Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles

By Region:

North America
Latin America
Western Europe
Eastern Europe
SEA &Other APAC
China
Japan
Middle East & Africa

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Environmental Remediation Technology Market Size, Latest Trends, Regional Insights Dynamics By 2026

Environmental remediation refers to restoration of environmental media such as soil, groundwater, sediment, or surface water, which is contaminated by any form of pollutants, and is impacting negative ill effects on its surrounding biological life.

Most of the environmental remediation activities across the globe has been a matter of government regulations and interventions, and are considered as a full-fledged long term solution to remove contaminants from media such as soil and groundwater. It is very common for the government to overlook the entire remediation programme, until the activity completes.

Environmental remediation technologies are generally used for cleaning wastewater, solid waste, and aerosols generated during production of oil and gas, or any kind of oil spill. Soil is also often contaminated by mining chemicals, which in turn also requires remediation technologies.

As most soil and groundwater contamination across the globe has been caused by oil and gas, and mining companies, these companies are often forced by government to incorporate remediation technology activities for their operations.

Key Players in the Industry provide variegated range of services, which not only include remediation technology, but also equipment, materials, reagents, and sales and rental services. Furthermore, remediation activities are carried out on contract basis, and revenues are generated by selling the entire service.

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Environmental Remediation Market: Drivers and Restraints

The global Environmental Remediation marketis projected to grow at a high growth rate, amid, rising environmental regulations regarding environmental protection and growing pollution. Stringent government regulations posed on oil and gas, and mining companies is further driving growth in the environmental remediation market.

Rising safety norms related to ground water and soil has bought many new sites to notice, which are now considered contaminated, thus further fuelling revenues towards environmental remediation companies. Environmental remediation activities which incorporates oil or refined oil spillage, are also integrating activities to sell recovered products, thus generating further revenues in the Global Environmental Remediation Market.

Environmental Remediation Market: Region Wise Outlook

The global Environmental Remediation Market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). North America and Western Europe accounts for more than 80% of the Global Environmental Remediation Market revenues, amid, stringent environmental regulations and a large number of environmental protection agencies in the region.

Japan is also considered as a prominent market for companies in the Environmental Remediation landscape. With rapid industrialization and fast developing oil and gas industry of China, demand in the APEJ region is also anticipated to rise over the forecast period

Environmental Remediation Market: Key Players

Bristol Industries, LLC.
MWH Global, Inc.
Tarmac International, Inc.
Sequoia Environmental Remediation Inc.
Environmental Remediation Resources Pty Ltd.
Entact LLC
GEO Inc
ERSI
Newterra Ltd.
Golder Associates Corporation
Clean Harbors, Inc.

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Environmental Remediation Market: Segmentation

On the basis of Application area,

Oil and Gas
Mining and Forestry
Waste Disposal Sites
Agriculture
Automotive
Others

On the basis of technology type,

Thermal desorption
Excavation or dredging
Surfactant enhanced aquifer remediation (SEAR)
Pump and treat
Solidification and stabilization
In situ oxidation
Soil vapor extraction
Bioremediation
Nonoremediation

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RFID Printers Market is Expected to Progress at a CAGR of 7.2% from 2022 – 2028 | FMI

The RFID Printers Market size is expected to grow from US$ 1,745.4 Mn in 2022 to US$ 2,654.4 Mn by 2028 at a CAGR of 7.2% during the forecast period.

RFID (Radio Frequency Identification) labels are widely used, especially in the retail sector. The growth is a result of an increase in the rate of adoption of the RFID printing technology with the help of special RFID printers. The global market for RFID printers is expected to prosper in the upcoming few years, with the rise in dependency of various end-use sectors, on RFID labels.

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RFID Printers Market: Retail Industry to Lead the Market

The global RFID printers market is expected to rise at a robust rate, due to a clear indication of the forecast towards growing dependency of industries on RFID tags. An increasing demand for adoption of RFID tags is witnessed across several industries, such as banking and healthcare, for tracking finances and products. Increasing demand for RFID tags is associated with the benefits accompanied by them, such as relatively cheaper in cost as it does not have silicon chip and does not require any maintenance, its application in banking card and e-Passport, etc.

According to the market research by FMI, retail industry is expected to hold a maximum value share in the global RFID market and is also expected to proliferate in the coming years, witnessing an exponential CAGR of 9.0% during the forecast period. The market is also anticipated to have better growth prospects and grow at a higher rate in China compared to other regions in the world.

RFID Printers Market: Key Trends

Rising adoption of RFID printing and advancements in printed electronics are helping RFID developers to create thin and flexible RFID tags. These tags can be integrated with printed sensors, thin-film photovoltaic solar cells, and other technologies. Moreover, rising usage of electronic printing and ink technologies is aiding RFID vendors to print their own chip-less RFID tags on site as per the requirements. Several key players in the global market are working on 3D printing technology for enterprises to directly print RFID tags on/in products. Furthermore, the advent of technology will reportedly result in introduction of RFID laser printing technology in near future.

Companies have been focusing on offering enhanced, cost-effective solutions via RFID printers; moreover, more such efforts have been resulting in the introduction of RFID laser printing technology to eventually offer an enhanced print output to the end-user. Besides quality, the technology also boosts printing speed of the printer, increases the product life, and lowers the overall operational and maintenance cost of the RFID printer.

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RFID Printers Market: Competitive Landscape

This all-inclusive report highlights the key players of the market that have been standing strong and competing efficiently in the global market. Some of these leading companies included in the report are Honeywell International, SATO Holdings, Toshiba Tec Corporation, Avery Dennsion Corporation, Lexmark, and GODEX INTERNATIONAL. The coming years are expected to reveal more innovation by companies in the global RFID printers market in order to form a strong marketing strategy.

RFID Printers Market Survey by Category

By Solution:

By Product Type

Desktop RFID Printers
Industrial RFID Printers
Mobile RFID Printers

By Printing Type:

Direct Thermal RFID Printing
Thermal Transfer RFID Printing

By Industry:

Manufacturing
Transportation
Retail
Healthcare
Others

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Tetraacetylethylenediamine (TAED) Market | Size, Growth, Demand, Scope, Opportunities and Forecast to 2026

Moreover, a small amount of tetraacetylethylenediamine finds its application in bleaching of paper, generation of peracetic acid in disinfectants and textile industry. Tetraacetylethylenediamine is used in the manufacturing of paperboard products and food contact paper.

TAED is an abbreviated form of tetraacetylethylenediamine. Tetraacetylethylenediamine is an organic compound with the chemical formula (CH₃C(O))₂NCH₂CH₂N(C(O)CH₃)_2. The common uses of tetraacetylethylenediamine is commonly used as a bleach activator in domestic and household detergents as well as in production of paper pulp. Acetylation of ethylenediamine produces the final product as tetraacetylethylenediamine.

The main and the most common use of tetraacetylethylenediamine is in laundry, bleaches and detergents. TAED is usually deployed in detergents and bleaching agents as an activator of hydrogen peroxide when used below a temperature of 60 °C. The reaction of TAED with hydrogen peroxide is called perhydrolysis which results in forming peroxy acids which are more easy to use as washing and bleaching agents at low temperatures.

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Global Tetraacetylethylenediamine (TAED) Market: Segmentation

The global tetraacetylethylenediamine (TAED) market can be segmented on the basis of application and region. On the basis of application, the global tetraacetylethylenediamine (TAED) market can be segmented into household detergents, bleaching agents and cleaning agents.

On the basis of region, the global tetraacetylethylenediamine (TAED) market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East and Africa and Japan.

Global Tetraacetylethylenediamine (TAED) Market: Drivers

The major factor boosting the growth of global tetraacetylethylenediamine (TAED) market is the increasing use of TAED in household detergents and cleaning agents. Moreover, biodegradable nature of TAED is another key driving factor fuelling the growth of the global tetraacetylethylenediamine (TAED) market.

Low toxicity and low prices and deployment of Tetraacetylethylenediamine in the manufacturing of disinfectants are other factors driving the growth of the global tetraacetylethylenediamine (TAED) market. In addition, increasing demands of bleaching agent applications and investments from key players in expansion, agreements and partnerships is another aspect driving the overall growth of the global tetraacetylethylenediamine (TAED) market.

Global Tetraacetylethylenediamine (TAED) Market: Restraints

The declined usage of TAED in agricultural fields can be a major challenge affecting the growth of the global tetraacetylethylenediamine (TAED) market. Moreover, limited application areas of TAED and price volatility of raw materials can pose major challenge to the growth of the global tetraacetylethylenediamine (TAED) market.

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Global Tetraacetylethylenediamine (TAED) Market: Competitive Landscape

Europe dominates the global tetraacetylethylenediamine (TAED) market by more than 50% market by consumption followed by Asia Pacific. North America also plays a key role in consumption of TAED followed by Middle East and Africa. Maximum growth of TAED is expected to be witnessed in Asia Pacific and Middle East and Africa.

Global Tetraacetylethylenediamine (TAED) Market: Key Players

The major companies involved in the production of TAED globally are AK Chemtech Co. Ltd., Chemsfield Korea Co Ltd. Hongye Chemical Co., Ltd, Idchem Co. Ltd, Warwick Chemicals, Zhejiang Jinke Peroxide Co., Ltd, Weylchem Group Of Companies, Acuro Organics Limited, Shanghai Deborn Co., Ltd., Henkel AG & Co. KGaA, JINKE Company Limited and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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