Market Research Blog – Page 15759 – New Product Development

Delivery And Takeaway Food Market 2022 Key Players, End User, Demand and Consumption by 2027

Changing in consumer’s demographic factors, eating habits along with busy schedule, advancement in information technology and availability of labor force have created demand and opportunity in food delivery industryin near future. Moreover, in today’s competitive business era, various companies are adopting differential marketing and sales strategies to enhance their customer base by directly delivering restaurant meals or creating a takeaway option for consumers. The delivery and takeaway food is undergoing rapid change as online platforms are getting more popularity among people who wish to dine food within the home and yet want the quality of restaurant’s meals. Thus, increasing demand for home delivery and fast foods have propelled the growth of delivery and takeaway food market during the forecast period.

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Delivery and Takeaway Food Market:Drivers and Restraints

Delivery and takeaway food market is witnessing maximum growth owing to rise in busy lifestyle and hectic schedule of population, expanding urbanization, quick access to mobile phones, increasing use of m-Commerce, growing demand for hygiene fast foods, and expanding internet penetration for ordering food online has boosted various food chain restaurants to incline towards online distribution channels to enhance their overall sales. Moreover, effective supply chain for food delivery along with mergers & acquisitions in the food industry is some of the other factors that can boost the demand for delivery and takeaway food over the forecast period. However, unhealthy perception of fast foods among consumers, price war due to heterogeneous nature of the market, and food regulations by the regime for food safety & standards may hamper the growth of delivery and takeaway food market in near future.

Delivery and Takeaway Food Market:Overview

Delivery and takeaway food market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well in the near future owing to consumer preference for online ordering, growing online marketing strategies by companiesto connect with consumers, and consumers preference for hygiene & healthy food rather the fast food while placing an order. Moreover, demand for fresh food, quick home delivery, and easy accessibility are some of the factors that can accelerate the market revenue growth of delivery and takeaway food during the forecast period. Based on distribution channel, online channels are anticipated to grow at the significantly high CAGR over the forecast period. This is attributed to the convenient option to the customers w.r.t. transparency, easy mode of payment, high security and traceability of their order. Thus, various players are focussing on enhancing their tracking technology and delight consumer’s experience with home delivery and takeaway food with a view to engage more customers and create loyalty among them.

Delivery and Takeaway Food Market: Region-wise Outlook

Depending on geographic region, delivery and takeaway food market is divided into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia Pacific, and Middle East & Africa. North America dominates the delivery and takeaway food Marketowing to high presence of online food delivery service companies, rising demand for customization in food offerings, high acceptance of fast foods among consumers, intensive advertisement by key players for hygiene food home delivery services, presence of restaurant chains that offers home delivery services and growing demand for ready-to-eat products. Asia Pacific holds huge potential and shows substantial growth in terms of rising consumption of fast foods, increasing usage of m-Commerce, expanding advanced technology and internet penetrationand high presence of local players are some of the factors which strengthen the growth of delivery and takeaway food market throughout the forecast period.

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Delivery and Takeaway Food Market: Key Players

Some players of delivery and takeaway food market are Delivery Hero Holding GmbH, Foodpanda GmbH, Just Eat Holding Limited, Takeaway.com Holding B.V, Grubhub, Inc., Domino’s Pizza Inc., Snapfinger, Inc., Pizza Hut Inc., Foodler Inc., Mobo Systems, Inc., and Zomato Media Private Limited.

The report covers exhaustive 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, Argentina)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
Eastern Europe (Russia, Poland)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

Delivery and Takeaway Food Market : Segmentation

The delivery and takeaway food market has been classified on the basis of product type, food price range, and distribution channel.

Based on product type, the delivery and takeaway food market is segmented into the following:

Veg
Non-veg

Based on food price range, the delivery and takeaway food market is segmented into the following:

High
Mid
Low

Based on distribution channel, the delivery and takeaway food market is segmented into the following:

Fast-Food Chain Restaurants
Online Channels
Independent Restaurants
Others

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

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Bee Venom Extract Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2027

Bee venom also known as apitoxin is a colorless and bitter liquid. According to American Apitherapy Association, bee therapy or Apitherapy is the therapeutic usage of products made by honeybees such as bee venom and bees. The bee venom treatment uses the venom commencing the bees to treat ailments that do not respond to traditional western medicine. Few of the functions of bee venom are curing arthritis, anti-inflammatory, pain relief, and other claims include acne, psoriasis, and scarring from skin cancer. Almost 10,000 bee stings are required to make one gram of bee venom. This makes venom almost seven times more valuable than gold.

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Global Bee Venom Extract Market: Drivers and Restraints

One of the major factor driving the bee venom market is the extensive usage of the medicinal products. For instance, bee venom is used majorly in Europe from several decades especially for the treatment of rheumatic diseases. The live bees, as well as the venom extracts, are used for the treatment in Europe.

People are also entering the bee venom business as it is one of the most profitable companies and the collector can increase his income by almost 200%. Another major factor, affecting the bee venom market is the innovation in the bee extraction equipment’s which makes it easy for the manufacturers to extract the bee venom from the hive. The device fits under brood chamber of a colony of the bees. However, the major restraint while collecting the bee venom is the holder techniques and this results in the death of the bee if not handled properly. As a result, dropping its stinger in the collecting device. Earlier the bees were caught when the bees return to their hive. They are given shock waves with electricity and pressed between the rolls so that they sting. However, during this process many of the bees are crushed and also the venom gets contaminated. In another method, the bees are triggered to sting into the plastic or rubber dam.

Global Bee Venom Extract Market: Segmentation Overview

The Bee venom is used in the recovery of many diseases, and few of the major diseases are completely healed. The bee venom is used for the treatment of rheumatic diseases, multiple sclerosis, rheumatic fever, high blood pressure, sciatica, psoriasis, hematomas, various skin conditions, and burns, among other. According to the Russian Institute, the bee venom cures cancer and destroy the AIDS virus. The powder form of venom is gaining traction in the market. The venom bee is costlier and costs around $ 80 per gram. Bee venom has numerous therapeutic applications. The bee venom has a stimulating effect on the heart muscles and also controls the cholesterol levels of the body. Bee venom also has antibiotic properties.

Global Bee Venom Extract Market: Regional Outlook

The global bee venom market is segmented by regions into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia-Pacific excluding Japan (APEJ), and Japan. Bee venom is not much used in the U.S. The primary reason being the lack of availably of beehives in the country. Honey bees are never available in sufficient quantities in the country for analysis and clinical testing. Bee venom is mostly used in Russia, Japan, America, New Zealand, and in the eastern countries where their apitherapy is irreplaceable owing to the variety of products offered.

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Global Bee Venom Extract Market: Prominent vendors

Few of the prominent players in the global bee venom extract market are Bee Whisper, ApiHealth NZ Ltd, Fernz, and Abeeco Pure, among others. Few of the strategies adopted by the key players in the market are partnership and collaboration with other operators, expansion into the untapped market, and joint ventures with the organizations in emerging countries to gain the strong foothold in the 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 grades.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Historical Actual Market Size, 2012 – 2016
Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain
Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis for Market includes

North America
Latin America
Europe
Asia Pacific & Japan
The Middle East and Africa

Global Bee Venom Extract Market: Segmentation

By Form:

Powder
Liquid

By Application:

Pharmaceutical
Cosmetic & Personal care

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.

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Lemongrass Oil Market Research Report 2022 – Global Forecast till 2026

The Lemongrass oil is obtained by extraction of the stalks of the Lemongrass (Cymbopogon) herb. Lemongrass shrubs/plant mainly grows in Asia and cannot be available as fresh throughout the year, but now a days lemongrass oil and lemongrass extract or dehydrated forms are commonly used.

According to the discovery health, lemongrass oil is one of the bestselling oil in the world which is used by the culinary artist because of its fresh and enjoyable scent. Traditionally, lemongrass parts as well as its oil have been used as a remedy for various health issues such as, digestive disturbances, behavioral problems, circulatory issues, etc. It is also known as fever grass due to its ability to bring down a fever. Lemongrass oil is useful in prevention of growth of some yeast and bacteria, and has antioxidant/ antibacterial properties and an important vitamins such as vitamin A, B2, B3, B6, B5, B1, folate and vitamin C and also provides essential minerals such as copper, calcium, phosphorous, zinc, manganese, iron and magnesium. Due to all these numerous benefits of lemongrass oil market is in high demand. Lemongrass thrives in tropical and subtropical regions, such as India, Malaysia, Sri Lanka, China, Cambodia, and Guatemala.

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Lemongrass Oil: Segmentation

Lemongrass oil market is segmented on the basis of the application, grade and regions. On the basis of lemongrass oil application market is segmented as pharmaceutical, cosmetics & personal care, and food and beverages. As Lemongrass oil possess high medicinal value and used in various treatments since history market demand in pharmaceutical segment is significantly high. On the basis of lemongrass oil application in cosmetic & personal care products, the product is used in soaps, deodorants, shampoos, conditioner, body lotion, air freshener and tonics. Its essential vitamin contents as well as skin healing properties are driving lemongrass oil market demand in personal care market segment. Lemongrass oil popularity as fragrance and taste, its demand in food and beverage market segment has grown over the time. It is used in various culinary delights, added to ready-made curries, paired with beef, fish, poultry and seafood’s, it is also used for flavoring tea and soups.

Lemongrass oil market is further segmented on the basis of grades as food grade and therapeutic grade. Food grade is basically for food and beverage purpose and therapeutic grade is for pharmaceutical as well as personal care uses. Lemongrass oil market is later segmented on the basis of regions, as North America North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and Middle East & Africa.

Lemongrass Oil: Region wise outlook

Latin America and Europe are leading regional markets importing lemongrass oil. However, being origin region of lemongrass oil, Asia Pacific market leading exporter market for lemongrass oil, India and China are major producer markets. Asia pacific and Europe markets are expected to witness higher growth in forecast period. In Asian countries such as, Thailand, Malaysia, Cambodia, Vietnam and Indonesia, lemongrass oil is a popular ingredient in many culinary delights. The market demand of lemongrass oil is increasing its popularity in flavoring Asian cooking too. Lemongrass oil is gaining popularity from health conscious consumers from Latin America, which is driving market growth in the region.

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Lemongrass Oil: Trends and Drivers

Lemongrass oil has various medicinal, skin care properties as well as health benefits, due to this lemongrass oil is gaining popularity in the worldwide markets. Increasing popularity of lemongrass oil in aromatherapy is driving global market demand. The trending natural oil based personal care product demand by consumers, is another market driver for lemongrass oil.

In addition, lemongrass oil has various health benefits which are related to with essential oil are anticipated to drive the lemongrass oil demand in pharmaceutical and applications medical and the product has no harmful side effects which will help in penetrating the market in future. Also, increasing uses in food and beverage industry for culinary dishes is another major market driver.

Lemongrass Oil: Key players

Some of the key participating players in Lemongrass oil market globally are, The Leburmuth Company, Essential Oils of New Zealand, Young Living Essential Oils, doTerra, Sydella Laboratoire, West India Spices Inc, Falcon ,Rajkeerth Aromatics, Reho natural ingredients etc. among the others.

Lemongrass Oil Market Segments

Lemongrass Oil Market Dynamics
Lemongrass Oil Actual Market Size, 2014 – 2015
Lemongrass Oil Size & Forecast 2016 to 2026
Lemongrass Oil Supply & Demand Value Chain
Lemongrass Oil Current Trends/Issues/Challenges
Competition & Companies involved
Lemongrass Oil Technology
Value Chain
Lemongrass Oil Market Drivers and Restraints

Regional analysis for Lemongrass Oil Market includes

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Nordics
- Benelux
Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

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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

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Shunt Reactor Market 2022 | Present Scenario and Growth Prospects 2030

The growth of global shunt reactor market is linearly associated with energy demand worldwide, states a new study by Future Market Insights (FMI). Consumption of primary energy stood globally at 576 exajoules in 2019, with China, the US, and India leading the way.

Alerted by increasing carbon footprint, the industrial sector is rapidly investing in renewables, which made up for around 40% of worldwide growth in primary energy in 2019, finds the study.

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The FMI report further opines that market players must innovate shunt reactors to meet the needs for power quality and voltage stability with grid integration of renewable energy sources.

Shunt Reactor Market Size Study

Air-core dry type shunt reactors to witness greater traction through 2030
Adoption of variable shunt reactors (VSR) to accelerate in near future
High demand for shunt reactors to come from industrial sector over following decade
Single phase shunt reactors to gain momentum
Market players to turn to Asia Pacific excluding Japan (APEJ) for potential growth avenues

The networks for distributing and transmitting electrical energy is confronting new demands owing to changes in load structure and power generation. Both environmental and commercial drivers are contributing to this demand, so does power quality. As complexity of these systems is scaling up, adoption of shunt reactors is surging as they are reliable and cost-effective solution, says analyst at FMI.

COVID-19 Impact on Shunt Reactor Market

The global demand for shunt reactors has been severely affected as over half of the global population is following stay-at-home orders, resulting in steep collapse in electricity consumption.

The International Energy Agency (IEA) reveals that consumption generally dropped by up till 20% for every month nationwide lockdowns continued. Usage in China – the first country to enact lockdown – fell by 6.5% during Q1 2020.

Countries such as India, the US, France, and the UK witnessed demand fall by at least 15% during lockdowns, while electricity demand in Italy – during peak of COVID-19 outbreak – fell down by about 75% at times.

Although residential demand has scaled by up till 40% as customers are working from home, the upsurge is nowhere close to reversing the impacts of shutting down businesses, particularly in service sector.

Realizing depressed electricity demand, priority access to grids, and low operating expenses, several countries are turning to renewables. In the US, natural gas continues to lead the pack, followed by renewable, having outshone the contribution of coal-based power generation projects.

Share of renewables in India continue to rise in power mix, and the gap between coal and renewables has narrowed down during lockdown timeframe. In China, renewables are maintaining greater share in power mix after relaxation of lockdown measures. These trends will create fertile breeding for shunt reactor manufacturers in coming years.

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Shunt Reactor Market – Competitive Intelligence

The global shunt reactor market is highly competitive, as leading players are striving to capture value at stake. Manufacturers are focusing on designing innovative solutions to serve diverse applications. For instance,

Trench Group develops air-core shunt reactors that stretch from small kVAr units for use cases including, limiting capacitor bank inrush, to large power reactors for myriads of use case including, shunt reactors that are over 100 MVAr per coil.
Zaporozhtransformator PJSC is developing magnetically controlled shunt reactors (MCSR) in order to implement flexible AC transmission systems (FACTS) projects.
Siemens AG has developed 100 MVAr variable shunt reactor for HOPS to address the challenges of excess reactive power regulation and high transmission voltages.

To Know More About Shunt Reactor Market:

A new market research report published by Future Market Insights (FMI) on the global shunt reactor market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the shunt reactor market through five different segments – product, phase, rating, application and region. The shunt reactor market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of shunt reactor and product adoption across several end-use industries

Key Questions Answered in the Report

Can I receive market report created as per particular region (s)?

Does the market report provides detailed background of mentioned players?

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Heat Pumps Market 2022 Development Status, Competition Analysis, Type and Application 2030

According to FMI’s recent study, the global heat pumps market was valued at around US$ 32 Bn in 2019 and is estimated to expand at a CAGR of 5% over the forecast period of 2020-2030, with a limited impact of the current pandemic situation on long-term growth forecasts. Increasing demand for tech-advanced cooling solutions with low carbon footprint, government initiatives to curb greenhouse gas emissions, and advancements in heating, ventilation, and air conditioning (HVAC) systems are factors contributing to the revenue pool of the global heat pumps market.

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Amidst the global health crisis, cooling as well as heating systems are critical to fulfil the immediate needs of consumers, such as providing thermal comfort in hospitals and homes, preserving food and medicines, and keeping data centers running. In line with this, refrigeration and heat pumps are essential for consumers.

As the world attempts to fight the COVID-19 pandemic, it has led to delayed production across several heat pump production facilities in major coronavirus hit countries such as the US, China, and Germany, This is expected to dampen heat pump sales by around US$ 1 Bn in 2020. Moreover, the COVID-19 pandemic will significantly impact consumer behavior in the short term, with domestic shipments from China for air source heat pumps (ASHPs) registering drop of over one-third in January 2020.

The global heat pumps market will witness v-shaped recovery growth, owing to rising inclination towards innovative construction solutions, especially in countries such as India, China, and Mexico.

Key Takeaways from Heat Pumps Market Study

Air-water heat pumps are finding immense use in domestic hot water, floor heating, and space heating/cooling applications.
Heat pumps having flexible or twin-speed features to reduce energy consumption and improve overall efficiency throughout are likely to garner substantial traction over the forecast period.
Demand for CO2 refrigerant heat pumps is expected to increase, given its excellent recyclability, low cost, and environment-friendly attributes.
Hybrid heat pumps are likely to see significant rise in adoption, owing to their high efficiency, lower energy consumption, and cost effectiveness as compared to other heat pumps.
Air-source heat pumps continue to grab huge attention of market players, owing to their low installation cost and high demand in North America and Western Europe.

As the world moves towards sustainable and green energy solutions, heat pumps are expected to replace conventional heating systems rapidly in the near term. In addition, the ongoing coronavirus (COVID-19) spread can alter how companies organize their supply chains in the coming years, with more stress being layed on decentralization.

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Heat Pumps Market: Competitive Landscape

The study provides vital insights of the competition landscape in the heat pumps market, along with various strategies adopted by prominent players. The global heat pumps market is fairly competitive, with manufacturers offering identical products. Some of the key manufactures in the heat pumps market are Panasonic Corporation, Mitsubishi Electric Corporation, Daikin Group, NIBE Group, and Danfoss Group Global.

Market participants are investing in R&D activities to develop new products with better energy efficiency, and are also focusing on providing aftersales services.

APEJ Heat Pumps Market to Remain Dominant throughout Forecast Period

In terms of volume, APEJ led the sales of global heat pumps in 2019. China is projected to offer the most lucrative opportunities for market participants over the forecast period.

However, the coronavirus pandemic (COVID-19) pandemic has adversely disturbed the global supply chain. China, the U.S., and some European countries are the leading revenue contributors to the market.

Alerted by the dramatic upsurge in COVID-19 confirmed cases, governments in these major regions have enacted nationwide lockdowns, causing uncertainty in economic order. Moreover, self-quarantine regulations have led to scarcity in staff and raw materials, thus, putting a strain on sales of heat pumps.

HEAT PUMPS MARKET TAXONOMY

The global heat pumps market is segmented into six segments in detail to cover every aspect of the market and present complete market intelligence to the readers.

By Type

Air-water Heat Pumps
Air-air Heat Pumps
Ground Source Heat Pumps
Hybrid Heat Pumps

By Power Source

Electric
Others (Gas Driven)

By End User

Residential
Commercial
Industrial

By Refrigerants

HFC
CO2
Ammonia
Hydrocarbon
Others

By System Type

Air-source Heat Pumps
Ductless Mini-split Heat Pumps
Geothermal Heat Pumps
Absorption Heat Pumps

By Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

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Acetone Market 2022 | Scope of Current and Future Industry 2031

A new study by Future Market Insights (FMI), uncovers hidden opportunities within the global acetone market. Driven by the rising applications across diverse sectors, the market is forecast to reach US$ 6.3 Bn by 2021. Despite a temporary setback amidst restrictions imposed to contain COVID-19, the market will continue showcasing growth at a positive rate between 2021 and 2031. Rising application in solvents will continue creating growth opportunities across various industries.

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Acetone market is segmented by grade as high purity grade (≥ 99.5%) and low purity grade (< 99.5%). Among these, low purity grade accounts for the dominant share. Low purity grade acetone is used in the production of agricultural chemicals, paints & coatings, adhesives, rubber processing, plastics & polymers and others while high purity grade acetone is preferred for pharmaceuticals and cosmetics & personal care products. The global Acetone market is estimated to reach a total market value of US$ 10,248.6 Mn by the end of 2031, growing at a rate of 4.9% during the forecast period.

acetone price benchmark key regions by grade, 2021

The ongoing COVID-19 pandemic has impacted the global economy to a considerable extent causing severe loss to the industrial as well as to the commercial sector. This trend is observed to be true for the Acetone market growth, which is estimated to slightly dip down in the year 2020 and further is projected to get the desirable growth from first half of 2021.

Key Takeaways of Acetone Market Study

Rising at 4.9% CAGR, acetone market will continue registering positive growth between 2021 and 2031
Expansion of chemicals sector supporting growth in the U.S. market, which accounts for over 84% share in North America
Recovering industrial applications will enable the U.K. market to register 1 y-o-y growth in 2021
Germany and France too will showcase positive growth rate as acetone markets within Europe
China is projected to hold a relatively larger share in East Asia owing to rising demand for coatings in the manufacturing sector

“Acetone manufacturers mostly have integrated plants with phenol and currently the market is oversupplied; however, increasing demand from various industries is anticipated to offset the surplus production during the forecast period” Said by a FMI analyst.

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Solvent application accounts for the maximum share of acetone consumption followed by MMA and BPA. Increasing demand for solvents from industries such as paints & coatings adhesives, agricultural chemicals, pharmaceuticals and others is anticipated to drive the demand for acetone in upcoming future. According to the study, it will account for over 35% of sales in the market in 2021, with projections indicating steady increasing over the forecast period.

In terms of end user industries, chemicals segment dominate the global acetone market and same trend is followed by all regions except South Asia & Pacific, where pharmaceuticals dominate the global market. Furthermore, increasing demand for plastics from end user industries such as automotive and constructions is further anticipated to bolster the demand for acetone in upcoming future. Increasing demand for light weight vehicles is anticipated to increase the consumption of plastic per capita and thereby push the demand for acetone during the forecast period.

Who is Winning?

The global Acetone market can be considered as fairly fragmented, large number of players account for a small share of the total Acetone market. In order to survive in the market, manufacturers are focusing on long-term contracts with raw material suppliers and end users for maximizing profits and ensuring continuous revenue flow.

Key market participants including Ineos Phenol, Altivia Chemicals, Royal Dutch Shell PLC, Sasol Ltd, The Dow Chemical Company, Domo Chemicals GmbH, Formosa Chemical and Fibre Corporation, Cepsa Quimica, SABIC, Honeywell Research Chemicals and Spectrum Chemical Mfg. Corp. amongst others are focusing on increasing their share in global market by entering into strategic acquisitions and collaboration with other market participants. Most of the acetone manufacturers have integrated plants with phenol.

Key Questions Answered in the Report

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Which grade remains the top-selling among all Acetone?

Which are some of the leading companies providing Acetone?

Who is the leading end user of acetone?

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Sputter Coating Market 2022 Outlook, Current and Future Industry Landscape Analysis 2026

Future Market Insights delivers key insights on the sputter coatings market in a new publication titled “Sputter Coatings Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”. The global sputter coatings market is expected to increase with a moderate growth rate of 4.0% to reach a valuation of US$ 4,803.3 Mn by the end of 2016. The global sputter coatings market is expected to reach 16,106.0 metric tonnes by 2026 end, up from 10,435.0 metric tonnes in 2016, in terms of volume. In this report, Future Market Insights analyses the factors and trends impacting the growth and performance of the global sputter coatings market.

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According to Future Market Insights analysts, demand for flat panel displays in the manufacturing of smartphones, LED and OLED televisions, and other electronic components is expected to witness a steady growth during forecast period. This in turn is expected to drive growth in the consumption of sputter coating targets during the forecast period. An increasing utilization of renewable energy sources is increasing the demand for solar panels, which in turn is expected to drive the global sputter coatings market growth over the forecast period. Stringent government regulations in North America and Europe regarding the use of low-e glass in commercial as well as residential buildings are expected to boost the demand for metal and element sputter targets. Furthermore, to reduce the heating and cooling cost of automobiles, manufacturers are using low-e glass, which in turn is anticipated to drive the global sputter coatings market growth over the forecast period.

sputter coatings market

However, low coating efficiency of sputtering technology along with development of alternatives for sputter coatings are expected to hinder the growth of the global sputter coatings market over the forecast period.

Segmentation highlights

The global sputter coatings market is segmented on the basis of Target Types (Metal and Element, Alloys, Compounds) and Application (Flat Panel Display, Solar Panel, Architectural Glass, Semiconductors, Others).

The Metal and Element target type segment is expected to register a relatively high CAGR of 4.9% over the forecast period to reach a market valuation of US$ 2,872.1 Mn by the end of 2026
The Compounds target type segment is anticipated to dominate the overall sputter coatings market during the forecast period to acquire a value share of 60.0% by the end of 2026
The Flat Panel Display application segment is anticipated to witness the maximum demand, recording an absolute incremental opportunity of nearly US$ 1.1 Bn over 2016-2026. This segment is expected to dominate the global sputter coatings market over the forecast period to acquire a value share of 37.7% by the end of 2026
The Solar Panel application segment is anticipated to expand with a relatively high growth rate of 5.0% during the forecast period

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Regional market projections

The global sputter coatings market is segmented into five major regions namely North America, Western Europe, Asia Pacific Excluding Japan, Japan, and Rest of the World (Eastern Europe, Latin America, Middle East & Africa). Asia Pacific excluding Japan is anticipated to dominate the global sputter coatings market over the forecast period. Taiwan followed by South Korea and China are expected to dominate the sputter coatings market over the forecast period in the APEJ region. APEJ is estimated to account for a major share of 57.4% of the global sputter coatings market by 2016 end.

Vendor insights

The global sputter coatings market is a fragmented market. Some of the major players in the global sputter coatings market include Materion Corporation, ULVAC, Inc., JX Nippon Mining & Metal Corporation, Heraeus Holding, Honeywell International Inc., Umicore Group, Praxair S.T. Technology, Inc., Tosoh SMD, Inc., Soleras Advanced Coatings, China Rare Metal Material Co. Ltd., JIANGYIN ENTRET COATING TECHNOLOGY CO. LTD., and GRIKIN Advanced Materials Co. Ltd.

Market Segmentation

By Target Types

Metal and Element
Alloys
Compounds

By Application

Flat Panel Display
Solar Panel
Architectural Glass
Semiconductors
Others

By Region

North America
Western Europe
Asia Pacific excluding Japan
Japan
Rest of the World (includes Eastern Europe, Latin America, Middle East & Africa)

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Modular Uninterrupted Power Supplies (UPS) Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2025

Modular Uninterrupted Power Supplies (UPS) Market Overview

Modular UPS is the combination of small modules of the UPS connected in series that enables the user to change any of the failed module without shutting down whole system. Modular UPS enhances power supply capacity and reduces operational and maintenance cost. Additionally the efficiency of a modular UPS is high if it is working at or closer to its maximum rated capacity.

Global Modular Uninterrupted Power Supplies (UPS) Market: Segmentation

Global modular uninterrupted power supplies market is classified into technology, service, vertical, and region. The global modular UPS market can be segmented on the basis of technology type, which includes centralized parallel architecture technology and de-centralized parallel architecture technology. On the basis of service the market can be segmented into professional service and integration service. The global modular uninterrupted power supplies market can be segmented into vertical such as healthcare sector, manufacturing sector, BFSI, public sector, transportation sector, IT & telecom sector, media and entertainment sector, retail sector and energy and utility sector. Region wise, global modular UPS market is segmented into North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA). At present, North America is dominating the market in terms of revenue contribution share followed by Western Europe. Among all the regions, APEJ is expected to create huge market opportunity for major players operating in the modular uninterrupted power supplies market during the forecast period.

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Global Modular Uninterrupted Power Supplies (UPS) Market: Drivers

The modular uninterrupted power supplies market is majorly driven by the increasing number of new data centers and lower cost of ownership. Ease of deployment and highly scalable model are also driving modular UPS market. Moreover, low maintenance cost and effective services are also motivating the user to go for modular UPS.

Global Modular Uninterrupted Power Supplies (UPS) Market: Restraints

Low awareness across industries especially in emerging markets such as India, China, Brazil and Argentina, regarding advantages of modular uninterrupted power supplies for enhancing business operations and efficiency is hampering growth of the modular UPS market. Additionally, modular UPS are installed “in-rows” i.e. it adds an additional space and weight in the machine room and complexity in the distribution of the circuit are some of the major factors hindering the growth of modular UPS market.

Global Modular Uninterrupted Power Supplies (UPS) Market: Competitive Landscape

Key players in the global modular uninterrupted power supplies market focus on introduction of advanced technology and services in order to improve their offerings and strengthen position in the market. For example, Uninterrupted Power Supplies Ltd. Introduced POWERWAVE 9500DPA which is an advanced 55KW modular transformer-less UPS designed for more efficiency and flexibility. It is scalable vertically up to 500kW in 100kW modular steps and it has efficiency of upto 96.1% and more than 99% when run in eco mode.

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Global Modular Uninterrupted Power Supplies (UPS) Market: Major Players

Some of the major players identified in the global compliance and traceability solution market are ABB Ltd., Emerson Electric Co., Huawei Technologies Co., Ltd., Schneider Electric SE, General Electric Co. and Eaton Corp. PLC etc.

The report covers exhaustive analysis on:

Modular Uninterrupted Power Supplies (UPS) Market Segments
Modular Uninterrupted Power Supplies (UPS) Market Dynamics
Historical Actual Market Size, 2012 – 2014
Modular Uninterrupted Power Supplies (UPS) Market Size & Forecast 2015 to 2025
Supply & Demand Value Chain
Modular Uninterrupted Power Supplies (UPS) Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Modular Uninterrupted Power Supplies (UPS) Market Drivers and Restraints

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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Modular Uninterrupted Power Supplies Ups Market

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

Machine Condition Monitoring Market expected witness a CAGR of 5% between the forecast period of 2022-2030

The global machine condition monitoring market is expected witness a CAGR of 5% between the forecast period of 2020-2030. Growing need to reduce the maintenance cost and unexpected downtime have fuelled the growth of global machine condition monitoring market.

Demand for Longer Life of Machine Parts to Sustain Growth for Market

Machine conditioning essentially determines the health of a machinery, monitors, and offers predictive maintenance ideas to avert failures. It plays a crucial role in diagnosing a troubling noise, vibration, and temperature measurements in a machine that have the potential of wreaking havoc. Machine conditioning is predominantly used in industries such as oil and gas, manufacturing, petroleum, aerospace and defense, automotive, and marine amongst others. The crucial nature of these industries is expected to ensure that the market for machine condition monitoring has a healthy growth rate.

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Machine condition monitoring techniques are used in rotating equipment, pumps, electric motors, internal combustion engines, and presses to garner predictive maintenance insights. Development for advanced machine condition monitoring solutions that facilitate scheduled maintenance are expected to create viable opportunities. Low-cost advanced machine condition monitoring, direct communication processes, and rapid processing functions are opening new doors to the growth of machine condition monitoring market. Machine reliability by effective prediction of their failures, maximizing part life by proper scheduling of maintenance programs, achieving reduction in frequency of failures, reducing severity of machine downtime, and ensuring safety of equipment and staff will also prove to be solid foundations for the players in the market.

Oil and Gas Industry to Remain Key Consumer to Keep Operations Uninterrupted

The oil and gas industry is expected to be the key user of machine conditioning monitoring solutions in the coming years. Growing pressure on onshore and offshore oil exploration and shale gas activities are expected to keep this segment in the lead. The petroleum segment too is projected to have a positive impact on the overall market. However, fluctuations in oil prices due to political instability and pandemic are expected to create a negative impact. The other end-use industries of machine condition monitoring are marine, aerospace, defense, mining and metal, power generation, and automotive.

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Manufacturing Industry in Asia Pacific to Give Machine Condition Monitoring Market New Opportunities

The report states that the market growth in developed economies for these systems is expected between 7%-10% whereas in developing regions the growth may even exceed 12% during coming decade. On the basis of region, North America is estimated to be the fastest-growing market for machine condition monitoring due to higher expenditure made by existing companies on efficient maintenance. On the other hand, Asia Pacific and Latin America are expected to be the growth engines of machine condition market in the near future with each region upping the production and manufacturing capacities. The remaining regions are expected to grow at a steady rate over the forecast period.

Global Machine Condition Monitoring Market: Key Players

Some of the key players operating in the global machine condition monitoring market are National Instruments, Parker Kittiwake, Rockwell Automation, Bruel & Kjaer Vibro GmbH, Emerson Process Management, Fluke Corp, Honeywell Process Solution, among many others.

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Key Highlights

Report Metric	Details
Base year considered	2019
Actual estimates/ Historical data	2014 – 2018
Forecast period	2020 – 2030
Forecast units	Value (USD) Bn
Segments covered	End-user Industry Region
Market Outlook	Global machine condition monitoring market to register 5% CAGR 2020-2030 Oil and gas industry to remain key user as operations are essential to global economy Manufacturing boom in Asia Pacific to propel region ahead of others
Regions covered	North America, the Middle East and Africa, Europe, and Central and South America, Asia Pacific
Key Players	National Instruments, Parker Kittiwake, Rockwell Automation, Bruel & Kjaer Vibro GmbH, Emerson Process Management, Fluke Corp, Honeywell Process Solution, among many others.
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Vehicle Electrification Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2025

The vehicle electrification market is expected to grow significantly in the forthcoming years owing to the inclination of automotive and automobile manufacturers towards the electrified vehicles and the growing emphasis given to environment-friendly alternatives in the automobiles. Vehicle electrification is being adopted by various key players in the automobile industry such as Toyota. The vehicle electrification market is seeing innovations by Toyota, while they harness the benefits associated with vehicle electrification to support their sustainability initiatives for which they aim to promote the sales of their electrified vehicles in the coming decade. Commercialization of electrified vehicles by major players is expected to nurture the growth opportunities of the vehicle electrification market.

Moreover, the initiatives taken by the automotive players such as the Renault Group and Bosch for implementing vehicle electrification, transforming the public transport with vehicle electrification, and aiming to add electrified vehicles to their product portfolio in the future are further expected to open new doorways for the automobile manufacturers. In line with sustainable commutate facilities, vehicle electrification allows both, the vehicle manufacturers and end users to benefit from it and transform how transport has been looked at, further contributing to the expansion of the vehicle electrification market.

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Electrification of a vehicle is considered as one of the best way to reduce carbon emission, increase vehicle efficiency and reduce dependency over oil. Vehicle electrification generates new opportunities for consumer engagement along with various environmental and economic benefits. We can replace various hydraulic or mechanical systems with electric systems: hydraulic power steering with electric power steering and mechanical or hydraulic pumps with electric pumps. The air conditioner in a vehicle can

Vehicle Electrification Market: Drivers & Restraints

Increasing prices of conventional fuels, growth in the sales of electric vehicles will enhance the growth of vehicle electrification. Growing demand for fuel efficient vehicles, stringent emission norm along with increasing environmental awareness among the consumer are also expected to fuel the growth of vehicle electrification market. Governments of various countries such as US are actively supporting vehicle electrification by providing tax exemption and subsidies.

Vehicle Electrification Market: Region – Wise Outlook

Asia – Pacific region owing to the fast growing automotive industry in developing countries such as India, China and South Korea is expected to show a significant growth in the vehicle electrification market. Strict laws in Western & Eastern Europe for vehicle efficiency will drive the vehicle electrification market in this region. North America is also anticipated to a moderate growth with credits to the strong fuel efficiency norms and support from government in the region. With rapid technological advancement and growing automobile industry, vehicle electrification market is expected to increase at a double CAGR during the forecast period.

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Vehicle Electrification Market: Key Players

Some of the players in the market we identified includes, Continental AG, Robert Bosch GmbH., TRW Automotive Holdings Corp., Denso Corporation, (Japan), Nexteer Automotive, JTEKT Corporation, Mitsubishi Electric Corporation, Mando Corp., Borgwarner Inc. and ZF Friedrichshafen AG.

The report covers exhaustive 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, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

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Vehicle Electrification Market: Segmentation

On the basis of product type, vehicle electrification market is broadly segmented as:

Start–Stop System
Electric Power Steering (EPS)
Liquid Heater PTC
Electric Air-Conditioner Compressor
Electric Vacuum Pump
Electric Oil Pump
Electric Water Pump
Thermoelectric Generator
Electric Turbocharger

On the basis of vehicle type, the market is segmented into:

Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
Two – Wheeler

Vehicle electrification market is segmented on the basis of degree of hybridizationas:

Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
Hybrid Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle (Bev) & Fuel Cell Electric Vehicle (FCEV)

In addition, report also includes segmentation on the basis of channel type:

OEMs
Aftermarket

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