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AUG 29,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Neopentyl Glycol Market.

Neopentyl Glycol Market is likely to witness a CAGR of 7.2% during the forecast period. The prime factor that is contributing to the demand for Neopentyl Glycol is mainly due to increasing demand for low VOC-compound and wide arrange of applications.

Neopentyl glycol is an organic chemical compound that finds use in the synthesis of paints, polyesters, lubricants, and plasticizers. Neopentyl glycol market is segmented by type into flakes, molten, and slurry; and by application type into automotive parts/insulation, construction insulation, furniture/footwear, plasticizers, electronic products, fibers, automotive/construction additives, lubricants, pharmaceuticals, agrochemicals, dyes, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

By Type

Based on the type, the market is segmented as flakes, molten, and slurry. The flakes segment held the largest share of the market in 2020, and is expected to remain dominant during the forecast period. Ease in handling during storage, enhanced usability, and low maintenance in terms of transportation and application has boosted the demand for neopentyl glycol across the resin & coating industry.

By Application Type

Based on the application type, the neopentyl glycol market is segmented as automotive parts/insulation, construction insulation, furniture/footwear, plasticizers, electronic products, fibers, automotive/construction additives, lubricants, pharmaceuticals, agrochemicals, dyes, and others. The automotive parts/insulation segment dominated the market in 2020 and is expected to lead the market during the forecast period as well. Neopentyl glycol is widely used in insulation application owing to its high thermal stability.

By Region

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for neopentyl glycol during the forecast period, with China, Japan, India, and South Korea being the major countries with lucrative growth opportunities. Inclination towards producing environment-friendly powder coatings with low VOC emission is likely to propel the market growth across the regions. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:               

• BASF
• Eastman Chemicals
• LG Chem
• Mitsubishi Gas Chemical
• OXEA
• Perstorp AB
• Wanhua Chemical Group

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Neopentyl Glycol Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

AUG 27,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the LNG Bunkering Market.

LNG Bunkering Market is likely to grow at an impressive CAGR of 46% during the forecast period. Revolutionary trends towards clean energy combined with strict government regulations to reduce airborne emissions including sulfur and nitrous oxide will lead the LNG bunkering market during the forecast period. Furthermore, technological advancements in vessel design to cut down maintenance, enhance fuel efficiency and improve performance, reliability and safety are some of the key parameters likely to push the product demand.

Bunkering, a process to refuel marine vessels, is carried out through pipelines connected to a terminal or direct transfer from trucks or ships.  Effortless transportation and storage of liquefied natural gas makes its feasible for adoption. Converting natural gas into liquid state at -1610 Celsius is beneficial for easy transport and shipping. Higher heating value along with lower density results in the reduction of emissions of harmful greenhouse gas.

By Product Type

Based on the product type, the market is segmented as truck-to-ship, port-to-ship, ship-to-ship, and portable tanks. The ship-to-ship LNG bunkering market is expected to observe expansion over 60% by 2024, owing to its quick transfer operations and high capacity. Capacity to allow the movement of cargo and bunkering operation to occur simultaneously, which will further glorify the industry landscape during the forecast period. On the other hand, availability of pipeline on ports along with larger hose to elevate the bunkering rate; this will positively influence the port-to-ship market size. Low cost and quick transfer operation will go a long way in promoting the acceptance of truck-to-ship operations.

By End-Use Type

Based on the end-use type, the market is segmented as container vessels, cruise-ships, bulk carriers, ferries, and offshore support vessels. The RO-Pax LNG bunkering market is likely to experience strong growth over the forecast period on account of its high fuel consumption. The segment consists of cruise-ships, ferries and Roll-On Roll-Off car carriers. Sanguine outlook towards international maritime trade coupled with stringent environmental regulations to steer the LNG bunkering market with lucrative returns.

By Region

In terms of region, North America led the market for LNG bunkering in 2020, and is expected to maintain its indubitable lead during the forecast period as well. The growth of the region can be attributed to the current shale production with stringent emission norms, which will flourish the business growth. Furthermore, increasing focus to maintain fossil fuel sustainability along with rising concern to reduce environmental impact will lead the market growth. Also, growing investments towards the upgradation and rebuilding of LNG infrastructure to further augment the industry outlook. Europe and Asia-Pacific are also expected to substantial growth opportunities over the forecast period.

Key Players:               

• Archer Daniels Midland Company
• DuPont
• Roquette Frères
• Kerry
• Ingredion
• Sotexpro S.A
• CRESPEL & DEITER
• CHS INC.
• Suedzucker
• MGP
• Ingredient.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The LNG Bunkering Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

It was estimated prior to this unanticipated outbreak that the Aluminum Composite Panels Market was expected to grow at a CAGR of 6.8% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

AUG 19,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Indoor Bike Racks Market.

The Indoor Bike Racks Market is expected to grow from USD 96.2 million in 2020 to USD 130.5 million by 2026 at a CAGR of over 5.2% during the forecast period.

A bike rack is used to hold a bicycle, also referred to as a bicycle stand or bicycle carrier. A bicycle carrier is attached to a vehicle such as a bus, truck, or car and the bicycle is mounted on it. It is used for the transportation of bicycles can be mounted in the rear, front, and on top of the vehicle. Whereas, a bicycle stand is a device to which bicycles are attached securely for parking. Bike racks can be attached to some stationary, free-standing, or bolted to the ground. An indoor bike rack is used for private bicycle parking.

Market Dynamics

Growing concern regarding air pollution and global warming is creating a shift towards cycles as they don’t emit emissions.

• Also, increasing focus on fitness as well as saving money on fuel further drives the demand for bicycles.
• The use and installation of indoor bike racks directly depend on the number of people riding bicycles.
• Moreover, bike racks demand and sales depend on the sales of bicycles.
• Riding a bicycle and its advantages are gaining popularity in social media as well as promotional events are highlighting the usage of bicycles, further offering lucrative opportunities to the market players.

Segment Analysis

Application Trends

Based on application, the global indoor bike racks have been bifurcated into home and commercial.

• The commercial segment witnessed the largest market share in 2020 and is projected to grow at a healthy CAGR during the review period.
• This is mainly because of companies and residential societies have gradually begin to install bicycle sharing platforms which spurs the demand for bicycles and indoor bike racks.

Regional Trends

By region, Europe dominated the indoor bike racks market in 2020 with around 40% share and is projected to register a substantial CAGR during the review period.

• It is followed by North America with around 35% of the global market share in 2020.
• Increasing global warming awareness to shift to non-polluting bicycles as a mode of transport for short distances is a key regional driver for the bicycles, thus propels the product demand.

Key Players:               

• Racor (The U.S),
• Saris (The U.S),
• Park Tool Co. (The U.S),
• Steadyrack (Australia),
• Delta Cycle (The U.S),
• Topeak (The U.S),
• Feedback Sports (The U.S),
• Cycloc (UK),
• Vadolibero s.r.l. (Italy),
• Hornit (UK).

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Indoor Bike Racks Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

It was estimated prior to this unanticipated outbreak that the Autonomous Cars Market was expected to grow at a CAGR of 22.0% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

AUG 18,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Fiducial Markers Market.

The  Fiducial Markers Market is projected to grow from USD 108.3 million in 2020 to USD 140.6 million by 2026 at a CAGR of over 4.4% during the forecast period.

A fiducial marker is a medical device that is mainly placed on the object or body so that it can mark the area that needs to get surgery. These markers are very tiny equipment of the size of rice grains, which can help to target cancerous tumours or tissues without affecting the healthy ones. This device enables to mark of the exact position of the tumour and can help the doctor to provide maximum radiation dose to the particular area consisting of the tumour without harming the surrounding tissues.

Market Dynamics

The growing adoption of radiotherapy devices by oncologists coupled with rising cases of cancer across the globe are the prime factors augmenting the product demand. Also, the surging demand for SBRT and IGRT procedures further boosts market growth.

Moreover, increasing awareness regarding the fiducial markers to give effective diagnosis further offers lucrative opportunities to the industry players. However, the requirement of placing fiducial markers before the CT scan will necessitate a second 3D scan before or during surgery can hamper the industry expansion.

Segment Analysis

Product Trends

By product, the fiducial markers market has been categorized into the gold, gold combination, polymer, and other metals, liquid.

Under these, the gold segment witnessed the highest market share in 2020 and is likely to register a significant CAGR during the review period.

This is mainly attributed to the accurate visibility and excellent stability of these products across various imaging modalities. Also, gold fiducial markers come in combination with various metals, such as platinum, titanium, and nickel, for better efficiency.

Regional Trends

By region, the North American market garnered the largest market share in 2020 and is projected to grow at a substantial CAGR during the assessment period.

This is mainly ascribed to streamlined reimbursement policies, the strong presence of key market players, and public health programs in the region. Growing healthcare expenditure and rising adoption of advanced radiotherapy procedures & imaging modalities further boosts the regional growth.

Key Players:               

• CIVCO Radiotherapy (The U.S),
• IZI Medical Products (The U.S),
• Naslund Medical AB (Sweden),
• Medtronic, Inc. (Ireland),
• QlRad Inc. (Netherlands),
• QFix (The U.S),
• Boston Scientific Corporation (The U.S),
• Nanovi A/S (Denmark),
• Eckert & Ziegler (Belgium), and
• IBA Dosimetry GmbH (Germany).

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Fiducial Markers Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

AUG 18,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Medical Marijuana Market.

The Medical Marijuana Market is estimated to grow from USD 21.1 billion in 2020 to USD 53.0 billion by 2026 at a healthy CAGR of 17% during the forecast period.

Medical marijuana is also known as medical cannabis is a herbal drug derived from plants of cannabis. This is used as a part of the treatment for specific diseases. Medical marijuana is particularly classified as cannabis Indica and cannabis Sativa, which originate from the countries of central & south Asian region and the western hemisphere respectively.

Market Dynamics

The global market growth is primarily driven by the increasing usage of medical marijuana in various medical applications including mental disorders, arthritis, chronic pain, and cancer among others.

• The continuous investment in research and development activities to provide intervention for various diseases and symptoms is likely to boost the product demand at a significant rate.
• The increase in several countries legalizing the use of marijuana for medical and recreational purposes is likely to create lucrative opportunities for the market players.

Segment Analysis

Application Trends

Based on application, the market has been divided into chronic pain, mental disorders, cancer, and others.

• The chronic pain segment accounted for the largest share in 2020 on account of increasing number of clinical trials using marijuana to treat chronic pain.
• The cancer segment is projected to grow at the fastest CAGR during the review period.

Regional Trends

The market in North America accounted for the largest market share of around 45% in 2020 due to presence of key market players such as Medical Marijuana, Inc. (US), Canopy Growth Corporation (Canada) and Aurora Cannabis Inc. (Canada).

Additionally, an increasing number of states legalizing the use of marijuana for medical purposes in the US is likely to play a significant role in the regional market growth.  The market in the Asia-Pacific region is projected to register a healthy growth rate on account of rising awareness regarding product benefits, particularly in China and India.

Key Players:               

• Tilray (The U.S),
• Canopy Growth Corporation (Canada),
• Aurora Cannabis Inc. (Canada),
• Maricann Group Inc. (Canada),
• Aphria Inc. (Canada),
• Tikun Olam (Israel),
• GW Pharmaceuticals (UK),
• Cannabis Sativa (The U.S),
• Medical Marijuana, Inc. (The U.S), and
• MedReleaf Corp. (The U.S).

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Medical Marijuana Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

It was estimated prior to this unanticipated outbreak that the Left Ventricular Assist Device Treatment Market was expected to grow at a CAGR of 11.1% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

AUG 17,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the In-flight Entertainment & Connectivity (IFEC) Market.

In-flight Entertainment & Connectivity (IFEC) Market is likely to witness an impressive CAGR of 9.2% during the forecast period.

Market Dynamics:                                                           

Technological developments, an increase in aircraft deliveries, and the need to enhance the passenger experience are the major factors expected to drive the global in-flight entertainment & connectivity (IFEC) market during the forecast period.

Segment Analysis

End User Trends

Based on the end-user type, the market is segmented as OEM and aftermarket. The OEM segment led the market in 2018, and is expected to maintain its dominance during the forecast period. Commercial aircraft manufacturers such as Airbus and Boeing are presently converging on installing enhanced in-flight entertainment systems, which are presently in production. Thus, the OEM segment is estimated to command the market in the coming five years.

Regional Trends

In terms of regions, North America dominated the in-flight entertainment & connectivity market in 2018, and is expected to maintain its dominance during the forecast period. The aviation industry is one of the most lucrative industries in North America, with the presence of giant aircraft manufacturers, such as Boeing (US), Lockheed Martin (US), Bell Helicopter (US), Sikorsky Aircraft (US), and Bombardier (Canada) in the region.

AUG 17,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Fluorosilicic Acid Market.

Fluorosilicic Acid Market is likely to witness an impressive CAGR of 8.0% during the forecast period. Increasing demand for water fluoridation, electroplating and oil well acidizing are some of the major factors driving the growth of the fluorosilicic acid market during the forecast period.

Fluorosilicic acid is an organic compound and has a distinctive sour taste and pungent smell. It is manufactured as a co-product in the production of phosphate fertilizers. Fluorosilicic acid market is segmented as by grade into 40% Grade, 35% Grade, and 25% Grade; by application type into water fluoridation, textile processing, metal surface treatment, hydrogen fluoride, aluminum fluoride, silicofluorides, electroplating, hide processing, oil well acidizing, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

By Grade Type

Based on the grade type, the market is segmented as 40% grade, 35% grade, and 25% grade. 35% grade is projected to be the largest segment of the market during the forecast period. It is majorly used as wood preservation agents and as herbicidal agents.

By Application Type

Based on the application type, the market is segmented as water fluoridation, textile processing, metal surface treatment, hydrogen fluoride, aluminum fluoride, silicofluorides, electroplating, hide processing, oil well acidizing, and others. Water fluoridation is estimated to be the dominant segment of the market during the forecast period. Fluorosilicic acid is used in public water treatment plants for lessening dental caries by regulating the fluoride content of the water.

By Region

In terms of regions, Asia-Pacific is estimated to be the fastest-growing market led by China, Japan, India, and South Korea. Changing consumption patterns, increasing population, rapid urbanization, significant economic development, and growing per capita income are the major factors impacting the growth of the market. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

Key Players:               

• Solvay
• Mosaic
• Gelest
• Sigma Aldrich
• KC Industries.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Fluorosilicic Acid Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors