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Showing posts from August, 2022

U.S. Welding Consumables Market Research Scope And Data Sources 2028

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U.S. Welding Consumables Industry Overview The U.S. welding consumables market size was valued at USD 2.0 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 2.3% from 2021 to 2028. The demand for welding consumables in the U.S. is expected to be driven by automation in the automotive sector, coupled with the extensive manufacturing abilities of the industrial sector in the economy. The market for U.S. welding consumables witnessed a notable decline on account of the lockdown imposed to curb the spread of COVID 19. The market also exhibited a decline due to the stoppage of industrial manufacturing on account of the lockdown imposed in the country. The demand for welding consumables for services involving essential MRO, coupled with the resumption of the manufacturing sector in the latter half of 2020, drove the demand for welding consumables. Gather more insights about the market drivers, restrains and growth of the U.S. Welding Consumables Market

Southeast Asia Pipes Market Growth Impact and Demand by Regions till 2028

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Southeast Asia Pipes Industry Overview The Southeast Asia pipes market size was estimated at USD 19.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.3 % from 2020 to 2028. Growth in the infrastructure development in the region spurred by FDI inflow due to the “China plus one” policy adopted by major downstream companies is expected to drive the demand for pipes in the region, which is further expected to drive market growth. Stringent covid restrictions imposed in key economies such as Indonesia, Malaysia, the Philippines, and Thailand resulted in the temporary closure of many non-essential industries and construction sites. In addition, the construction sector witnessed a downfall in several countries, leading to a decline in demand for pipes in key construction applications, thereby limiting the industry growth. Gather more insights about the market drivers, restrains and growth of the Southeast Asia Pipes Market The rise in awareness of

North America, Europe And Oceania Building And Construction Fasteners Market Size And Landscape Outlook 2028

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North America, Europe And Oceania Building And Construction Fasteners Industry Overview The North America, Europe and Oceania building and construction fasteners market size was estimated at USD 4.07 billion in 2020 and is expected to expand at a compounded annual growth rate (CAGR) of 5.0% from 2020 to 2028. A rise in demand for residential and commercial constructions in North America and Europe is expected to drive the market. Moreover, increasing demand for modular constructions is likely to support the market. The COVID-19 outbreak in major economies of North America and Europe has negatively impacted the construction industry, thus the product demand witnessed downtrends in 2020. Also, economic instability in Oceania and European economies owing to suspension of trade and industrial operations has lowered the construction spending, thus, negatively influenced the market for building and construction fasteners. Gather more insights about the market drivers, restrains and growth

Narrow Range Ethoxylates Market Overview with In-depth Data and Analysis Report 2028

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Narrow Range Ethoxylates Industry Overview The global narrow range ethoxylates market size was valued at USD 4.05 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 9.0% from 2021 to 2028. The growing consumer awareness concerning hygiene standards and environmental safety has compelled manufacturers to divert their focus to produce cleaning products that are environment friendly, which has been positively influencing the market growth. Proliferating demand for surfactants and other cleaning products for cleaning purposes across various applications has become a key factor driving the demand for narrow range ethoxylates. Improvement in the overall performance of surfactants owing to the addition of narrow range ethoxylates is likely to boost market growth over the forecast period. Furthermore, with the unprecedented outbreak of COVID-19, despite the closure of factories and manufacturing sites globally, there has been a significant rise in demand fo

Europe Gamma Butyrolactone Market Size and Growth Information Analysis Report 2028

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Europe Gamma Butyrolactone Industry Overview The Europe gamma butyrolactone market size was estimated at USD 1.10 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 2.7% from 2021 to 2028. The market is anticipated to be driven by the growth of electronic products and organic agrochemicals. The market for gamma butyrolactone in Europe is largely dependent on the trends of its application markets. The high demand for semiconductor devices in various electronic products and electrical vehicles coupled with rising demand for organic agrochemical due to increasing awareness regarding harmful effects of chemical-based pesticides and herbicides are expected to drive the demand over the forecast period. Gather more insights about the market drivers, restrains and growth of the Europe Gamma Butyrolactone Market The compound is used as a viscosity modifier for polyurethanes, rubber additives, plant growth regulators, and as a solvent for paint stripping a

Network Probe Market Leading Players Updates and Industry Analysis Report till 2028

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Network Probe Industry Overview The global network probe market size was valued at USD 0.50 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.3% from 2021 to 2028. The market growth can be attributed to the increasing security concerns and network complexity. At the same time, the need to resolve network downtime issues and stress that occurs due to the exponential rise in IP traffic is accentuating the market growth. An increasing number of companies shifting toward the latest cloud-based technologies is also creating a need for established network frameworks. Network probe is a network traffic protocol and monitor analyzer that provides users with real-time data of network traffic status. It provides information on volume and type of network traffic and assists them in identifying potential bottlenecks and issues in the computer network. The increasing demand for managing networks among small businesses and IT departments is driving the market

Medical Device Packaging Market Share, Regional Outlook, Survey Report 2028

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Medical Device Packaging Industry Overview The global medical device packaging market size was valued at USD 29.78 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2020 to 2028. The increasing demand for medical devices such as surgical implants and instruments, medical supplies, electro-medical equipment, in-vitro diagnostic equipment and reagents, irradiation apparatuses, and dental goods has been driving the demand for medical device packaging products. Unhealthy lifestyles of people have been resulting in the high prevalence of chronic diseases, such as heart disease, cancer, diabetes, stroke, and arthritis, in recent years, especially in developed economies. These above-mentioned diseases require various medical equipment for diagnosing and treatment and have been contributing to the growth of the medical device market over the past five years. Gather more insights about the market drivers, restrains and growth of the Global Medica

Chemical Anchors Market Growth, Latest Trends & Dynamics 2028

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Chemical Anchors Industry Overview The global chemical anchors market size was valued at USD 870.8 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2020 to 2028. The market growth is attributed to the rising demand for the product in the construction industry owing to its superior performance as compared to mechanical anchors. The market growth was dampened in the H1 of 2020 due to the global outbreak of the COVID-19, which lead to the temporary closure of construction projects and other industrial activities across several countries. However, the restart of projects in the second half of 2020 with stricter restrictions and social distancing, as part of the unlock programs by governments, is expected to stabilize the growth of the construction industry. Gather more insights about the market drivers, restrains and growth of the Global Chemical Anchors Market The demand for chemical anchors in the U.S. is expected to increase on account

Biocides For Leather Market Analysis, Size And Growth Factors By 2028

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Biocides For Leather Industry Overview The global biocides for leather market size was valued at USD 468.1 million in 2020 and is expected to expand at a compound annual growth rate of 5.0% from 2021 to 2028. The demand is anticipated to be majorly driven by the increasing usage of high-quality leather products in several industrial applications such as footwear, automotive, apparel. The biocides for leather is expected to suffer major losses owing to the global outbreak of COVID-19 in the year 2020. Several major leather manufacturing countries majorly hit by the pandemic are India, Russia, Italy, Germany, Brazil, the U.K., and the U.S. The governments in these countries have imposed major lockdowns leading to the temporary closure of major manufacturing units and disruption of trade routes. This led to severe losses for leather industry. Gather more insights about the market drivers, restrains and growth of the Global Biocides For Leather Market The global market is estimated

Abaca Fiber Market Growth Information Analysis Report by 2028

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Abaca Fiber Industry Overview The global abaca fiber market size was estimated at USD 420.9 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 15.1% from 2021 to 2028. Rapidly rising usage of abaca fiber in the growing pulp and paper industry for applications such as cigarette filter papers, tea, and coffee bags, and disposable medical and food papers is expected to drive the market. The production of abaca fiber is dominated by three countries including Costa Rica, the Philippines, and Ecuador. The lockdown regulations imposed in the abaca fiber-producing economies due to subsequent waves of COVID-19 impacted the production activities for a brief period, thus restricting the overall market growth in 2020 - 2021. Gather more insights about the market drivers, restrains and growth of the Global Abaca Fiber Market European and North American countries such as the U.K., Germany, the U.S., Canada, and France are among the largest importers of abaca

Stoma Care Market Leading Players Updates and Industry Analysis Report till 2028

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Stoma Care Industry Overview The global stoma care market size was valued at USD 487.7 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.6% from 2021 to 2028. Increasing cases of colorectal cancer and bladder cancer, Inflammatory Bowel Disease (IBD), adoption of advanced technologies and rising awareness regarding stoma care products are the key driving factors for the market. In addition, the increasing prevalence in the young population is expected to upsurge the demand for stoma care and accessories during the forecast period. The COVID-19 pandemic had a detrimental effect on the market. The sudden outbreak of COVID-19 has postponed many ostomy procedures owing to which the demand for stoma care products has slightly decreased. In addition, the hospitals faced a surge of patients which overburdened emergency rooms (EDs), intermediate care units (ICUs), and intensive care units (ICUs) due to the COVID-19 pandemic.  As a result, several ostomy s

Pharmaceutical Cleaning Validation Market Trends and Future Prospects Details 2028

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Pharmaceutical Cleaning Validation Industry Overview The global pharmaceutical cleaning validation market size was valued at USD 14.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2028. The rapid growth of pharma manufacturing facilities, the rising prevalence of diseases, the growing global geriatric population, increased healthcare expenditure, and rising investments in the market to comply with regulatory standards set by international governing bodies like U.S. FDA and the EMA. The evolving regulations in the pharmaceutical manufacturing industry to prevent cross-contamination have positively impacted the growth of the market. Moreover, the governing bodies are opting for a more pragmatic approach to regulations, which supports the pharma industry in accelerating their manufacturing and quality control processes. The rising demand for medicinal drugs is directly contributing to the demand for cleaning validation to ensure

Ophthalmic Photocoagulator Market Share, and Competitive Landscape Report to 2028

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Ophthalmic Photocoagulator Industry Overview The global ophthalmic photocoagulator market size was valued at USD 150.6 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.7% from 2021 to 2028. The rise in the prevalence of ocular disorders, diabetes, and age-related ophthalmic complications and the global impact of COVID-19 on eye health are major contributors to the market growth. Photocoagulation is a preferred therapy above others, such as drugs and surgery, since it is a reasonably safe, quick, and painless process. The expanding geriatric population is driving the demand for ophthalmic lasers as this population is more susceptible to developing age-related ophthalmic complications. According to the National Institute on Aging (NIA), the geriatric population would be about 72 million individuals by 2030. The rising prevalence of diabetes and diabetes-related blindness is expected to drive the market. According to the WHO, the number of people wi

Micro-mobility Market Development Trends of Analysis Report 2028

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Micro-mobility Industry Overview The global micro-mobility market size to be valued at USD 69.32 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 13.7% during the forecast period. Micro-mobility is an evolving field of transportation that includes travel undertaken using a range of light vehicles such as electric kick scooters, electric skateboards, and electric bicycles. Factors such as increasing road congestion, rising oil & gas prices, ease of parking, and saturation within the automotive sector are expected to drive market growth during the forecast period. Furthermore, factors such as the growing electric bicycles and electric kick scooter renting and sharing services across the globe are expected to create new opportunities for micro-mobility in the forthcoming years. In 2020, the market recorded a negative impact owing to the pandemic. The stringent measures and recent lockdown to contain the coronavirus have hindered the retail business

Dental Bone Void Filler Market Growth Impact and Demand by Regions till 2028

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Dental Bone Void Filler Industry Overview The global dental bone void filler market size was valued at USD 82.8 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2021 to 2028. This growth can be attributed to the increasing number of synthetic products. Synthetic fillers include tri-calcium phosphates and calcium sulfate that has advantages, such as there is no risk of any disease transference and has a relatively long shelf life. Bone grafting has become a common technique in surgical practice. The market for dental bone void filler is increasing due to the advantages of the material that is being used. For instance, tricalcium phosphate ceramics have osteoconduction, good resorbability, ease of handling, and radiopacity allowing monitored healing. Gather more insights about the market drivers, restrains and growth of the Global Dental Bone Void Filler Market These factors boost the demand for tricalcium phosphate ceramics thereby, driv

Uterine Manipulation Devices Market Analysis by Application 2028

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Uterine Manipulation Devices Industry Overview The global uterine manipulation devices market size was valued at USD 245.76 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2021 to 2028. The rising prevalence of diseases related to female reproductive organs, increase in the adoption of minimally invasive or noninvasive procedures, and technological advancements are among the major factors driving the market. The market has been adversely impacted by the pandemic. The COVID-19 pandemic is affecting significant aspects of various companies, such as product demand, operations, supply chain, distribution systems, and the ability to research and develop new products. Almost all the companies are affected by reduced procedure volume due to COVID-19 as all hospital resources are being diverted to combat the disease. Gather more insights about the market drivers, restrains and growth of the Global Uterine Manipulation Devices Market Nowadays

Stair Lifts And Climbing Devices Market 2028 Revenue Analysis by Regions

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Stair Lifts and Climbing Devices Industry Overview The global stair lifts and climbing devices market size was valued at USD 1.7 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.9% from 2021 to 2028. The market is projected to witness critical growth on account of the rise in the number of injured people and increasing disability in senior adults. According to the world report on disability 2011 by the World Health Organization (WHO), about 15% of the world population is suffering from some form of disability who are in need of mobility aids, which can give independence to people and reduce pain. There are various items such as stair lifts, wheelchairs, and climbing canes that are intended to assist individuals with restricted portability to move around freely and autonomously. These devices are easy to use and provide effective mobility solutions to people. In recent years, stair lifts have become a popular choice for the elderly and people wit