Market Research Blog

The supply chain management (SCM) market solutions revenue totaled ~US$ 19.5 Bn for 2020, according to Future Market Insights’ (FMI’s) latest study. The overall market is expected to reach ~US$ 62.6 Bn by 2031, growing at a CAGR of 11.4% for 2021 – 31. The demand for supply chain management solutions will accelerate with top 5 providers holding around 50.2% of total market in 2020.

Newly released data on the supply chain management demand outlook indicates 8.7% y-o-y growth in 2021. Among industry verticals, the market share for retail & consumer goods sector is the largest among all. However, the transportation & logistics segment will grow at 14.6% CAGR to emerge as the fastest growing end user through the assessment period.

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Increasing demand for supply chain management (SCM) market solutions from both large enterprises and small and medium enterprises (SMEs), growing awareness about the benefits offered by SCM solutions, including supply chain optimization, forecasting accuracy, meaningful synthesis of business data, and wastage minimization are likely to fuel the demand for supply chain management solutions over the coming years.

The SCM sales is estimated to rise at 11.4% CAGR between 2021 and 2031 in comparison with 8.6% CAGR registered during 2016-2020. The global supply chain management growth scenario is anticipated to witness an increase in revenue from ~US$ 21.2 Bn in 2021 to ~US$ 62.6 Bn by 2031.

“Supply chain management solutions enable organizations to efficiently manage potential challenges such as demand spikes, inventory and labor shortages, and transportation disruptions, along with effectively mitigating supply chain disturbances. In addition to this, agility and omnichannel supply chains are becoming the norm, while the increasing availability of Big Data means organizations are now able to close the loop with prescriptive analytics and make informed supply chain decisions,” says FMI analyst.

Chief factors fueling the demand for supply chain management solutions include high growth in eCommerce, need for greater transparency and visibility in supply chain processes and data, enhancing business continuity by minimizing potential failures, and rising adoption of cloud supply chain management among SMEs.

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Key Takeaways: Supply Chain Management Market
• By software solution segment, the integrated SCM platform/suite is anticipated to account for the leading market share. The segment is estimated to grow at a robust CAGR of 13.5% through 2031.
• Based on deployment, the on-premises segment is estimated to account for more than half of the software solution segment in 2021.
• The demand for supply chain management in large enterprises is expected to grow at the highest rate.
• Demand for supply chain management in transportation & logistics and manufacturing sector is estimated to grow at an impressive CAGRs. However, retail & consumer goods segment is estimated to continue to hold dominant market share in the global supply chain management market during the forecast period.
• Among the regions, North America is estimated to hold highest market share followed by Europe in 2021. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2021 & 2031.
• The market in Japan is expected to progress at a noteworthy CAGR of more than 14% through 2031.
• In the U.K., sales are expected to increase tremendously at a CAGR of 11.4% over the next ten years.

COVID-19 Impact Analysis on Supply Chain Management Market
The COVID–19 pandemic has compelled several industries and organizations to revamp their global supply chain model. The lockdown implemented to contain the spread of the virus across various countries has shut down economies and is impacting every aspect of the supply chain around the world.
The global pandemic affected almost all aspects of the global economy over the past few months. One industry that has seen remarkable changes is e-commerce.

There is a huge pressure on the supply chain logistics industry to keep up with the ever-rising demand, as self-isolated consumers are shifting towards online shopping platforms. Accordingly, logistics companies are stepping up with innovative strategies to respond to these rapidly shifting logistics trends in 2021.

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Competitive Landscape
Some of the leading companies in this landscape are IBM Corporation, Oracle, SAP SE, Manhattan Associates, and E2open LLC among others. As per Future Market Insights, nearly 60% of the market share is currently covered by the top 15 players.

About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.

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Increasing cases of macular degeneration and glaucoma across the globe have improved the demand for therapeutic contact lenses. According to Future Market Insights (FMI), the therapeutic contact lenses market is expected to surpass a valuation of US$ 11.03 Bn at a CAGR of over 7.5% through 2031.

Cases of permanent forms of blindness are showing signs of improvement with advancements in medical science. As the cases of eye infection and disorders are increasing, especially in the younger generation, healthcare professionals are extensively investing in research & development activities.

With the advent of dynamic soft contact lenses with improved technology, demand for contact lenses has increased. This also has encouraged product development among key market players. A leading company Innovega, for instance, is developing a soft contact lens that can make a display anywhere in the field of view.

The iOptik system, according to the business, can increase the safety of hands-free tasks such as driving, surgery, and military operations. However, the technology is still years away from being consumer-ready.

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According to the Centers for Disease Control and Prevention, approximately 12 million Americans aged 40 and above, have vision impairment, with 1 million being blind, 3 million having vision impairment after correction, and 8 million having vision impairment due to uncorrected refractive error.

As a result, rapid technological advancements are playing significant role in accelerating the demand for smart therapeutic contact lenses. Subsequently, smart lenses are gaining popularity in the market.

For instance, Mojo lens is considered to be the first smart lens that has a built-in visual display designed to magnify images for people with low vision. This patented lens is also capable of projecting content from smart phones.

Leading players are concentrating on producing contact lenses to combat digital eye strain, as reliance on digital devices is increasing among consumers.

For instance, Cooper Vision, Inc. has released a novel contact lens that aids in the reduction of eye strain caused by the usage of digital devices. Multiple aspheric curves are used in the Bioinfinity Energys. This allows people’s eyes to adapt more easily as they shift their sight between digital and non-digital activities. The lens material is also meant to assist eyes maintain moisture, which is an extra bonus. This is especially useful when using a computer or a screen because people blink less frequently.

Backed by these factors, the market is poised to expand at an astounding CAGR, exceeding valuation of US$ 22.6 Bn by 2031-end, estimates Future Market Insights.

Key Takeaways from the Therapeutic Contact Lenses Market Study

• In terms of material type, senofilcon is predicted to grow at a substantial CAGR of 10.6% during the forecast period.
• In terms of price range, the US$ 10 to US$ 30 segment will hold over 37.8% share of the market. Due to diverse range of variety and cost-effectiveness of this range, sales are expected to spur.
• In terms of consumer orientation, the unisex category is predicted to hold a considerable share of 60.3% in 2021.
• In 2021, the U.S. will hold mammoth share of 88.7% in North America, owing to its distinct work culture and significant use of smart devices such as desktops, mobile phones, tablets, and laptops.
• The U.K. is expected to be lucrative market in Europe, accounting for over 19.5% owing to higher spending on premium therapeutic contact lenses in the country.

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“Penetration of e-commerce platforms due to the unprecedented outbreak of COVID-19 have compelled the market players to rely on digital platforms. Hence, leading players are collaborating with leading online platforms to provide consumers with vision care solutions. This will create remunerative opportunities for the market players over the coming years.” says an FMI analyst.

 Who is Winning?

Leading manufacturers of therapeutic contact lenses are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of therapeutic contact lenses globally.

Major players present in the therapeutic contact lenses market are AccuLens Company Inc., The Cooper Companies Inc., Bausch & Lomb Incorporated, Alcon Inc., Dynasil Corporation of America, Johnson and Johnson Vision Care Inc., Medennium Inc., SynergEyes Inc., X-Cel Specialty Contacts, Carl Zeiss AG, Abbot Medical Optics, Inc., CIBA Vision, Essilor International, Hydrogel Vision Corp, Novartis International AG, Contamac, Haohai Biological Technology, Hoya Corporation, Polylite Sofclear, Scrivens House, Seed Co. Ltd, STAAR Surgical Company among others.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

Ceiling Cassettes Market: Introduction

Ceiling Cassettes are employed in the heating, ventilation, and air conditioning (HVAC) systems to provide exceptional coverage, and they are energy efficient. Ceiling Cassettes are used in a huge array of applications, such as residential, commercial and industrial. As the name suggests, ceiling cassettes are wall mounted and can be customized as one-way, two way or four-way, according to requirement. Further, ceiling cassettes are classified to their product type which could be either ductless ceiling cassettes or ducted ceiling cassettes.

Ceiling Cassettes Market: Drivers and Challenges

Technological advancements, such as ceiling cassettes can be controlled and managed from a remote location via applications on devices such as smartphones, tablets or computers or even via smart assistants, such as smart thermostats, deployed in a household. Most ceiling cassettes are eco-friendly with integrated low power consumption standards. More than ever before, these smart HVAC systems have increased the demand for ceiling cassettes. This, in turn, drives the demand of the ceiling cassettes market. Further, digitalization and electrification are a couple of other factors attributing towards the growth of the market. Compact design, easy installation, easy operation, and high process reliability are other factors driving the global Ceiling Cassettes market.

With adverse changes in climate, and need to pace up the energy saving requirements proposed by the UNFCCC (United Nations Framework Convention on Climate Change), there has been increasing demand of HVAC systems that can offer both high performance and comfort. Contractors and manufacturers are aiming to introduce compact and lightweight products for easy installation and maintaining a comfortable environment.

Ceiling cassette market is expected to be driven by a number of government organizations that are taking initiatives to develop smart cities with efficient and ecological climate control. In addition, the rising use of smart technology and IoT is helping countries adopt the smart city concept. With the inclination towards the development of smart cities, construction activities will increase, which will lead to the growth of the smart home solutions market, and consecutively driving the demand for ceiling cassettes. Increasing building automation is another factor contributing towards the growth of the ceiling cassettes market. Integration of other technologies such as Bluetooth and RFID for HVAC system control could create growth opportunities for the ceiling cassettes market.

On the flip side, the lack of resources and technological awareness could hinder consumer transition from using a simple conventional air conditioner to smart air conditioner, thereby challenging the demand for ceiling cassettes.

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Ceiling Cassettes Market: Regional Overview

Geographically, the Ceiling Cassettes market is segmented into North America, Latin America, Western Europe, Eastern Europe, China, Japan, India, Middle East and Africa, and South East Asia and Pacific. China, being the electronics manufacturing hub, leads the ceiling cassettes market. The South East Asia and Pacific market is expected to follow China in terms of its market growth rate, during the forecast period. The growth in the SEA and India market is attributed to the rising maturity in the electronics industry. North America and Western Europe are expected to witness significant demand over the forecast period owing to the implementation of a number of energy efficiency legislation and programs. Also, replacement and retrofit of ceiling cassettes are expected to contribute towards the growth of the ceiling cassettes market in developed countries. Moreover, tropical regions, such as the Middle East and Africa to see the notable demand for HVAC systems due to global warming, thus driving the demand for ceiling cassettes in the region.

Global Ceiling Cassettes Market: Key Players

Examples of some of the key players operating in the global Ceiling Cassettes market:

• Mitsubishi Heavy Industries Air Conditioning Europe, Ltd.
• Hitachi, Ltd.
• LG Electronics
• Friedrich Air Conditioning
• Lennox International Inc.
• O.Y.L. Manufacturing Company Sdn. Bhd
• Modine Manufacturing
• Carrier Airconditioning & Refrigeration Ltd.
• Airwell
• Johnson Controls
• Systemair AB
• AERMEC S.P.A.
• Airedale Air Conditioning

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.

The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

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Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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.

Global Ceiling Cassettes: Market Segmentation

On the basis of product type, the global Ceiling Cassettes market has been segmented as:

• Ducted Ceiling Cassettes
• Ductless Ceiling Cassettes

On the basis of capacity, the global Ceiling Cassettes market has been segmented as:

• Below 5.8 kW
• Between 5.8 to 14 kW
• Above 14 kW

On the basis of application, the global Ceiling Cassettes market has been segmented as:

• Residential
• Commercial
• Healthcare
• Hospitality
• Retail and offices
• Others
• Industrial

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Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

Integration of artificial intelligence (AI), chat-bot, digital payment and other advanced technology in airport transfer services is gaining immense popularity in the pre-book airport transfer market. Against this backdrop, key players are consistently focusing on introducing innovative technologies for better services. As per Future Market Insights (FMI), these developments are expected to enable growth in the global pre-book airport transfer market at a CAGR of ~23.6% between 2021 and 2031.

Adoption of AI in airport transfer services has improved the efficiency encouraging the consumers to opt for convenient and leisure services. This in turn is accelerating the sales in the market. Due to easy internet availability, consumers no longer have to wait in a queue or browse through websites for endless time to book the best airport transfer option.

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Moreover, chat-bot integrated into the airport transfer booking application or website enables online chat and offers information on nearby vehicle details. Customers can book cars, schedule pickup times, find out car fares, driver details and more easily via text-to-voice or regular text chat.

With these technologies, information about the flight arrival and landing time becomes really convenient and easy. Alongside this, guidance towards the shortest path with the minimum congestion in an airport, assistance for accurately scheduling a pickup time, the vehicle list and booking a ride at just a single touch are some of the factors aiding market growth.

For instance, in 2019, Avis Budget Group, partnered with Verizon and Edison Interactive, and launched an all-in-one digital travel assistant exclusively available to Avis, Budget, and Payless Car Rental customers.

Key Takeaways from the Pre-Book Airport Transfer Market Study

• In terms of transportation, the public transportation is expected to dominate, accounting for a notable share in the pre-book airport transfer market.
• In terms of purpose, leisure travel is expected to hold a noteworthy revenue share. More than 40% of travellers prefer to travel for leisure purpose for enjoyment, amusement, and pleasure.
• In terms of booking channel, the in-person booking segment will account for lion’s share during the forecast period
• In terms of travel type, solo traveller is anticipated to garner significant market growth during the upcoming years.
• Russia is expected to witness highest growth, registering 6.8% CAGR during the forecast period.
• Germany is expected to be one of the most lucrative market across Europe, contributing revenues at 2.3%

“Competition in the market is expected to be fierce with increasing adoption of innovative technologies. Key players are focusing on acquisition & collaboration strategies to expand their global presence. Also, expansion of airport infrastructure, rising air traffic and availability low cost airlines are expected to bolster the growth of the global pre-book airport transfer industry” says an FMI analyst.

Impact of COVID-19 on the Market

The outbreak of COVID-19 has devastated economies across the globe and impacting the global pre-book airport transfer market negatively. The market players are facing insurmountable and immense challenges due to the global shutdown.

Demand for airport transfer witnessed sudden decline during the FQ-20, with reduced global air traffic at the airport.

However, post-epidemic, safety and hygiene have become the need of the hour, practices for disinfecting the car are followed meticulously. The need for the social distancing regulations and individual mobility is bound to improve the condition of the industry.

For instance, Uber has partnered with experts to develop new safety protocols. This includes providing drivers with Clorox Disinfecting Wipes to the drivers, so that customers can feel safe on their next ride.

In addition, Alamo Enterprise has become a member of the Clorox Safer Today Alliance™, an alliance to help create healthier shared spaces now and in the future.

 Who is Winning?

Several companies are adopting strategies such as mergers and acquisitions as an effective way of maintaining or increasing market share.

Major players present in the pre-book airport transfer market are SuperShuttle International Company Lyft, Inc., Uber Technologies, Inc., Keys Shuttle, AAA Conch Limo. LLC, A&M Rentals, Avis Company, The Hertz Corporation Greyhound Lines, Inc., Alamo Enterprise, Avis Budget Group, Charter Vans, Inc., Dayton Express Cab Co., Orlando Black Car Inc., Apollo’s Chariots Inc., Advanced Shuttle Company, Charles River Transportation Management Association, Yellow Radio Service, and Budget Rent a Car System, Inc among others. Aggressive promotional strategies, and advertisements, have driven the market growth of pre-book airport transfer globally.

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Market by Category

By Traveler Type:

• Domestic
• International

By Transportation Type:

• Private Transportation
  • Taxes & Shuttles
  • Car Rentals
  • Ride Shares
  • Others
• Public Transportation
  • Inter-City Shuttles
  • Inter-Terminal Shuttles
  • Others

By Age Group:

• 23-25 Years
• 26-45 Years
• 45-60 Years
• More Than 60 Years

By Purpose/Tourist Type:

• Business
• Leisure
• Visit Friends/Relatives
• Education
• Conventions
• Religious
• Health Treatment

By Booking Channel:

• Phone Booking
• Online Booking
• In Person Booking

By Traveler Type:

• Independent Traveler
• Group Traveler

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Scope of Report

Attribute	Details
Forecast Period	2021-2031
Historical Data Available for	2016-2020
Market Analysis	USD Million for Value
Key Regions Covered	North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa
Key Countries Covered	US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa
Key Segments Covered	Traveler Type, Transportation Type, Age Group, Tourist Type, Booking Channel, Traveler Type, Region
Key Companies Profiled	SuperShuttle International Company Lyft, Inc. Uber Technologies, Inc. Keys Shuttle AAA Conch Limo. LLC A&M Rentals Avis Company The Hertz Corporation Greyhound Lines, Inc. Alamo Enterprise Avis Budget Group Charter Vans, Inc. Dayton Express Cab Co. Orlando Black Car Inc. Apollo’s Chariots Inc. Advanced Shuttle Company Charles River Transportation Management Association Yellow Radio Service Budget Rent a Car System, Inc.
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Key Points Covered in Pre-Book Airport Transfer Market Survey

• Market estimates and forecast 2015-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Pre-Book Airport Transfer and How to Navigate
• Recommendation on Key Winning Strategies

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

 

Extensometer was invented by Charles Houston in 1879. Houston later gave rights to Fairbanks & Ewing (a manufacturer of scales and testing machines). Traditionally, extensometers are the most convenient and widely used instruments for the measurement of strains in a material test specimen. These extensometers are based on contact techniques. However, non-contacting optical techniques are becoming more important. An extensometer is an instrument used to check the changes in the dimension (especially length) of an object. Extensometers are useful for stress strain measurement and tensile tests.  The extensometers are divided into two categories: contact and non-contact. In recent years, significant developments have happened in the area of noncontact extensometers – extensometers based on laser and video technology have been developed.

In the mining industry, extensometers are used to measure displacements on high/batters. Plotting time verses displacement enables engineers to determine if walls are failures about to happen. And for difficult failures, equipment such as lasers and radar scans are used, which allow three-dimensional and four-dimensional analysis.  Some of the standards associated with extensometers are ASTM E83 Standard for classification and verification of Extensometers and ASTM D4403 standard for the extensometer used in rock.

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Extensometer Market: Dynamics

Increasing mining activity across various regions will spur the demand in the extensometer market. Mining industry contributes a healthy share to a country’s GDP. Even mining done on a small scale contributes a healthy share to the entire mineral production. However, various rules and regulations associated with extraction of minerals could hamper the growth of the extensometers market.  Increasing scope of applications involving integrity test of materials such as metals, composites and polymers in construction, automotive and other industrial sectors are deemed to offer future growth opportunities for the Extensometers market.

Over the years, the mining industry has developed through a year-long process that has brought together more than hundreds of stakeholders from governments, private sector, non-governmental and international organizations. Moreover, growing urbanizations & industrialization, particularly in emerging economies, will lead to demand for commodities from metal and mining industries. People living in cities consume higher share of resources – their population is expected to get doubled in near future. Due to the aforementioned reasons, the demand for mining will increase, which in turn, will increase the demand in the extensometers market.

Extensometer Market: Trend/ Regional Outlook

North America and Europe have beenthe traditional markets adopting the extensometers in related uses since inception. These regions are expected to find a fair share of extensometers with an optimal growth rate. However, with the crux shift of manufacturing and construction sectors towards developing countries and emerging economic regions of South East Asia is projected to witness a significant growth over the forecast period

Extensometer Market: Market Participants

Examples of some of the market participants/vendors operating in the Extensometer market across the globe are:

• Mechatronics
• Tinuis Olsen
• Illinois Tool Works Inc.
• Zwick Roell
• 3R
• EchoLAB
• Shenzhen Wance Testing Machine
• Reliant Technology
• Volumec Mechanical Innovations
• LIMESS Messtechnik und Software GmbH
• Magtrol
• Agisco s.r.l.

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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The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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.

Extensometer Market: Segmentation

Contact extensors measure extension accurately and are cost-effective. Though, clip-on extensometers need more physical involvement and, without maintenance, can present incorrect test results. Sensor arm extensometers provide high accuracy and ease of use owing to their entirely automatic operation, which includes the setting of variable gage lengths. Non contacts extensometers are required when the specimen is sensitive to knife edges or when the extensometer may get damaged in case of a test specimen failure. Next laser extensometers are used for materials where traditional clip on an extensometer or mass of clip affects the materials properties due to being physically attached to sample. Laser extensometers can be used for testing at sub-zero or elevated temperatures. A video extensometer is a device which is capable of performing stain/stress measurements of certain materials, by taking continuous images of the specimen during tests, using a digital video camera or frame grabber attached to a personal computer.

On the basis of type, the Extensometer market can be segmented into:

• Contact
• Clip On
• Sensor Arm
• Non-Contact
• Laser
• Video

On the basis of function, the Extensometer market can be segmented into:

• Rod Extensometer (consist of anchor set at specified depths)
• Magnet Extensometer (consists of series of magnet that are installed with an access pipe)
• Tape Extensometer (monitor convergence in undergroundopenings, such as tunnel)
• Sensors arm Extensometers
• Others

On the basis of application, the Extensometer market can be segmented into:

• Mining
• Others

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Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

Disposable Electric Toothbrushes Market: Overview

Toothbrushes are designed to remove dental plaque without damaging the hard and soft tissues of the teeth and gums. Toothbrushes have been continuously evolving since their inception and promoting dental health.

In the modern days, toothbrushes are better equipped with technology that makes them more efficient. The world is considering the usage of electric toothbrushes for efficient dental care and there is one advanced product which is disposable electric toothbrush. The development of gingivitis is a primary concern as it results in the formation of plaque. Disposable electric toothbrush is more beneficial as compared to manual brushes as it is integrated with superior technologies, such as rotation oscillation or sonic, to remove plaque.

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The ease of use of disposable electric toothbrush also makes it a smarter choice over manual toothbrushes despite its higher price. Health-conscious people prefer disposable electric toothbrush over a regular toothbrush. Moreover, people suffering from arthritis or similar medical conditions find it less painful. The hi-tech features of an electric toothbrush include several brushing modes that are specialized for whitening, sensitive teeth, etc., pressure signals when brushing too hard, digital reminders for replacing brush heads, etc.

Disposable Electric Toothbrushes Market: Market Dynamics

Increase in awareness about oral hygiene and periodontal diseases such as plaque build-up to increase the life of the teeth are among factors driving the global disposable electric toothbrush market. Growing oral health concerns among senior citizens, patients, and children owing to periodontal diseases are promoting the usage of oral hygiene products, which is generating high demand for disposable electric toothbrushes. According to Centers for Disease Control and Prevention (CDC), 50% of Americans aged 30 years and above suffer from a periodontal disease, which is approximately 64.7 million people. As a result, increasing awareness about the advantages of disposable electric toothbrushes is driving the disposable electric toothbrushes market.

Innovation and technological advancements are also contributing to the growth of the global disposable electric toothbrush market. Manufacturers of disposable electric toothbrush are focusing on the designing of innovative products. The use of sonic and ultrasonic technology for the manufacturing of electric toothbrushes is driving the market. Moreover, disposable electric toothbrushes are equipped with batteries which and indicators which provide reminders about the disposing of toothbrushes.

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There is a rising customer preference for advanced oral hygiene product and rise in the disposable income of the middle-class population across the globe has led to changing customer approach towards the treatment of dental disorders. Customer preference has become a major focus for companies operating in the oral hygiene products market. Hence, companies are focusing on launching innovative advanced oral care products in the market such as electric toothbrushes, disposable electric toothbrushes, dental creams, dental floss, fresh breath strips, and other products.

One restraint which may hamper the growth of disposable electric toothbrush is, it high cost as compared to manual toothbrushes. Manual toothbrushes are priced lower than disposable electric toothbrushes. In addition, the prices of disposable electric toothbrushes range from approximately US$ 15 to US$ 25. Finding the right disposable electric toothbrush is not an easy task as there are very limited players in market. On the other hand, manual toothbrushes are cost-effective. They usually cost US$ 1 to US$ 3.

Disposable Electric Toothbrushes Market: Regional Outlook

Consumers from all the geographies are shifting towards the advanced technological products and due to which there will be a healthy growth of disposable electric toothbrushes market.

The disposable electric toothbrush market is expected to register a healthy growth across all the geographies during the forecast period. The health and hygiene and wellness industries across the globe likely to push market for disposable electric toothbrush market. The East Asia represents a considerably high market share for disposable electric toothbrush, and the disposable electric toothbrush market is expected to grow at a significantly high growth rate due increasing awareness about the oral health. China and India’s developing market is expected to have a positive impact on the growth of the disposable electric toothbrush market.

Disposable Electric Toothbrushes Market: Key Players

Some of the major players in the disposable electric toothbrushes market are Arm & Hammer, The Proctor and Gamble, Colgate Palmolive Company, and others.

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

The Disposable Electric Toothbrushes market report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

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The Disposable Electric Toothbrushes regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru)
• Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
• South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
• East Asia (China, Japan, South Korea)
• Oceania (Australia & New Zealand)
• Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Disposable Electric Toothbrushes 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 for Disposable Electric Toothbrushes provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Disposable Electric Toothbrushes market report also maps the qualitative impact of various market factors on market segments and geographies.

Disposable Electric Toothbrushes Market: Market Segmentation

The disposable electric toothbrushes market is segmented into different parts based on the end user, sales channel and Geography.

Based on bristle type, the disposable electric toothbrushes market is segmented into:

• Ultra-Soft
• Soft
• Medium

Based on end user, the disposable electric toothbrushes market is segmented into:

• Adults
• Kids

Based on Sales Channel, the Disposable Electric Toothbrushes market is segmented into:

• Hypermarkets/Supermarkets
• Specialty Stores
• Drug Stores & Pharmacies
• Independent Departmental Stores
• Convenience Stores
• Online Retailers
• Other Sales Channel

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About Future Market Insights (FMI) 

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition.

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Makeup Remover Pen Market: Overview

Makeup remover pen quickly removes or corrects small makeup smudges, smears and mistakes without having to take off the rest of the whole makeup. There is an increase in the usage of makeup remover pen by the consumers due to its user friendly packaging when compared to other makeup remover products in the market. Makeup remover liquids are available in the market but the usage of makeup remover pen is to use as a corrector of the makeup rather than just to remove whole makeup.

Since, consumers are moving towards organic and natural products, few players are bringing the innovations in the products such as strength to remove waterproof makeups but also nourish skin with chamomile flower extract and Vitamin E.

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Makeup remover pen market is gaining market share when compared to other makeup remover liquids and products available in the market owing to its convenience in usage and organic and natural ingredients used in the product.

Makeup Remover Pen Market: Market Dynamics

Makeup remover pen market will show a healthy growth as across the beauty industry, most of the cosmetic brands are turning to pen-shaped applicators and solid stick formats to offer mess-free on-the-go solutions to help consumers quickly perfect their look. Pen shaped applicator for makeup is trending as compared to other formats due to its easy application process such as eyeliner, lip color, and many more.

Makeup remover pen is trending and gaining popularity due to its unique property of easy to correct the makeup when it comes to smudged eyeliner or lipstick. However, other makeup remover liquids are mostly used to remove the makeup rather to correct because those liquids are to be used with makeup remover pads. Shift towards the organic and natural products is also one of the driving factor of natural and organic makeup remover pen market. Moreover, consumers are shifting towards convenience products which can be used quickly and easily.

APAC region is experiencing growth in personal grooming and cosmetic market. Consumers in the region including men are ready to experiment different products which is further driving the demand for such products in the market.

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Makeup Remover Pen Market: Regional Outlook

The makeup remover pen market is expected to register a healthy growth across all the geographies during the forecast period. The beauty and personal care products are growing across the globe and likely to push market for makeup remover pen. The emerging economies are expected to create significant demand for makeup remover pen as there is lucrative growth in the beauty care product in the industry. The South Asia and East Asia collectively represents a considerably high market growth for makeup remover pen, and the makeup remover pen market is expected to grow at a significantly high growth rate due to the increasing population and adoption of innovative products among youth. China and India’s developing market is expected to have a positive impact on the growth of the makeup remover pen market. North America is a growing market due to high per capita income and the consumers’ high expenditure on the beauty and personal care products which are likely to boost the makeup remover pen market.

Additionally, Middle East & Africa is projected to showcase steady growth in the global makeup remover pen market owing to the rise in the availability of big brands availability as well as increase in per capita spending.

Makeup Remover Pen Market: Key Players

Some of the major players in the makeup remover pen market are Colorbar cosmetics pvt ltd, Maybelline Inc., Revlon, Lashfood Group, among others.

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

For Information On The Research Approach Used In The Report, Request TOC@ https://www.futuremarketinsights.com/toc/rep-gb-10156

The Makeup Remover Pen market report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

The Makeup Remover Pen regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru)
• Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
• South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
• East Asia (China, Japan, South Korea)
• Oceania (Australia & New Zealand)
• Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Makeup Remover Pen 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 for Makeup Remover Pen provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Makeup Remover Pen market report also maps the qualitative impact of various market factors on market segments and geographies.

Makeup Remover Pen Market: Market Segmentation

The makeup remover pen market is segmented into different parts based on the nature, sales channel, end user and geography.

Based on nature, the makeup remover pen market is segmented into:

• Conventional
• Natural
• Organic

Based on end user, the makeup remover pen market is segmented into:

• Individual
• Commercial
  • Salons
  • Makeup Artists

Based on Sales Channel, the makeup remover pen market is segmented into:

• Direct
• Indirect
  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Multi-Brand Stores
  • Independent Small Stores
  • Online Retailers
  • Others

Explore FMI’s Extensive Coverage on Consumer Product Domain 

Small Paint Pail Market – The small paint pail market is set to witness a CAGR of 5.0% during 2021-2031. The initial do-it-better tool, the small paint pail, was created for efficient painting.

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Removal Strips Market – According to latest research by Future Market Insights, Removal Strips market is set to witness steady growth during 2021-2031. Waxing techniques are becoming more popular in providing skin care solutions, and products like removal strips are helping to cater to consumers’ preferences.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
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For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

Over the recent past, demand for malonic acid and its ester compounds has increased in several end use industries, such as pharmaceutical, coating, electronics and polymer & plastic, among others, owing to its multifunctional nature and characteristic properties. Due to the multi-functional nature of malonic acid, it can be used as a precursor, active pharmaceutical ingredient (API), cross linker, additive and intermediate compound, among others.

Malonic acid, formula CH₂(COOH)₂, is also known as propanedioic acid. It is a white crystalline dicarboxylic acid compound that is readily soluble in alcohol & ethers. Through ionization of malonic acid, malonic esters are produced, which are called as malonates. Historically, the first synthesis of malonic acid was carried out through oxidation-reduction of malic acid with potassium dichromate. With industrial developments and advancements in manufacturing technology, several methods for the production of malonic acid were developed and commercialized. Moreover, commercially, malonic acid is produced from chloroacetic acid and diethyl malonate.

As an intermediate, malonic acid is used in the manufacturing of alkyd resins, which are further used in coating applications to prevent damage caused due to oxidation, UV light and corrosion. Also, malonic acid is used as a cross linker in low-temperature cure powder coatings to accelerate the coating process. Moreover, malonic acid is also used to induce cross-linking in starch compounds, which are further used in the manufacturing of biodegradable thermoplastics. Furthermore, as a building block, malonic acid is used in the production of pharmaceutical compounds, specialty polyesters, flavor and fragrance compounds and electrolyte additives, among others.

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Upsurge in demand from pharmaceutical & Coating industry

Over the recent past, there has been significant growth in malonic acid consumption. This can mainly be attributed to growing demand from the pharmaceutical and coating industry. Rise in demand for malonic acid as an active pharmaceutical ingredient (API), supported by its increasing utilization for producing Diclazuril, non-steroidal anti-inflammatory agents and various vitamins, such as B1, B2, B6, among others, have been the key driving factors responsible for its growth. Moreover, macroeconomic growth of the pharmaceutical industry in developing countries, such as China, India, ASEAN and African countries, will be a prominent factor supporting its market growth.

Further, malonic acid finds usage as a crosslinking agent in low temperature powder coatings. With the paints & coatings industry shifting towards water-based and powder coating systems, from traditional solvent-borne coatings, the demand for malonic acid is expected to witness a healthy upsurge. These non-conventional paints and coatings significantly reduce the volatile organic compound (VOC) emissions, in turn, causing increased traction across various parts of the world.

Global Malonic Acid Market: Key Players

The malonic market is a highly fragmented market and a significant share of the market is accounted by the presence of small to the medium players. Some of the key players identified across the value chain of the global Malonic Acid market include Lonza Group, Trace Zero LLC., Wuhan Kemi-Works Chemical Co., Ltd., Hefei TNJ Chemical Industry Co.,Ltd., Shanghai Nanxiang Reagent Co., Ltd., TATEYAMA KASEI co.,Ltd, MedicalChem(Yancheng)Manuf.Co.,Ltd., Columbus Chemical Industries, Inc., J&K Scientific Ltd.,etc.

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Opportunities for Market Participants

Adoption of organic and inorganic growth strategy and increasing demand from end-use industries, such as polymer & plastic, coating and pharmaceutical industry, among others, will support demand in the global market. Regulations pertaining to the use of bio-based chemicals in Europe and the U.S. will support sustainable development because of which several players are emphasizing on the development of bio-routes for the production of malonic acid. A report published by the U.S. Department of Energy on Top 30 value-added chemicals that can be produced from biomass-derived sugar identified malonic acid as one of the prominent chemicals. Consequentially, several players are focusing on the development of bio-based routes for the manufacturing of malonic acid to comply with government regulations. In 2015, Lygos, Inc. had produced malonic acid from biomass-derived sugar, which turned out to be cost-effective and eco-friendly as compared to traditional petroleum routes.

Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, grade type and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

• An overview of the Malonic acid market, including background and evolution
• Macroeconomic factors affecting the Malonic acid market and its potential
• Market dynamics, such as drivers, challenges and trends
• Detailed value chain analysis of the Malonic acid market
• The cost structure of the products and segments covered in the global Malonic acid market
• In-depth pricing analysis, by key segments, regions and by major Malonic acid market participants
• Analysis of supply and demand, such as top product producing and consuming geographies, product imports/exports, exchange of services and overall trade scenario in the global Malonic acid market
• Analysis of the global Malonic acid market structure, including a tier-wise categorization of key Malonic acid market participants
• Competitive landscape of the market, including detailed profiles of the top players in the Malonic acid market

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.

The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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.

Global Malonic Acid Market: Segmentation

The global Malonic Acid market can be segmented on the basis of grade, function and end-use.

On the basis of grade, the global Malonic Acid market can be segmented as follows:

• Technical Grade
• Pharmaceutical Grade

On the basis of function, the global Malonic Acid market can be segmented as follows:

• Precursor
• API
• Additive
• Other

On the basis of end use, the global Malonic Acid market can be segmented as follows:

• Paint & Coating
• Polymer & Plastics
• Pharmaceutical
• Flavor & Fragrance
• Electronics
• Others

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Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint