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Geomembrane Market to exceed $3.7 billion by 2030 |Segments are Raw Material, Technology, Application, Forecast, 2021-2030

Global Geomembrane Market is anticipated to surpass $3.7 billion by 2030, and to witness at a CAGR of 5.1% from 2021 to 2030. The report offers key drivers that propel the growth in the global hydrazine market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

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As Per Report, Based on technology, the extrusion segment accounted for the largest share in 2020, contributing to nearly half of the global geomembrane market, and is projected to maintain its lead position during the forecast period. This is due to increased activities connected to water consumption, civil development, and groundwater protection across the world. However, the calendaring segment is expected to portray the largest CAGR of 5.3% from 2021 to 2030, owing to high shear of the process and assures uniformity of the melt.

Favorable regulations regarding implementation of water & waste water management, and rapid growth in infrastructure & mining industry drive the growth of the global geomembrane market. However, volatility in raw material prices hinders the market growth. On the other hand, growth in environmental awareness presents new opportunities in the coming years.

Based on region, Asia-Pacific, followed by North America, held the highest market share in terms of revenue 2020, accounting for nearly two-fifths of the global geomembrane market. Moreover, the same region is expected to witness the fastest CAGR of 5.5% during the forecast period, due to the region’s rapidly growing population, urbanization, and industrialization.

Based on application, the mining segment held the highest market share in 2020, accounting for nearly one-third of the global geomembrane market, and is estimated to maintain its leadership status throughout the forecast period. This is attributed to increase in its application in the mining industry including metallic and non-metallic mining. Moreover, the water management segment is projected to manifest the highest CAGR of 5.5% from 2021 to 2030. Use of geomembrane for water preservation is expected to grow in the future, which in turn, is boosting the growth of the segment.

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Covid-19 Scenario

The outbreak of the COVID-19 pandemic has had a negative impact on the growth of the global geomembrane market.
The pandemic caused temporary closure of production facilities, disruptions in the supply chain, unavailability of raw materials, and low labor force, owing to the implementation of lockdown.
However, the market is going to recover soon in 2022.
The mining segment to maintain its leadership status throughout the forecast period

The geomembrane market analysis covers in-depth information of the major industry participants. Some of the major players in the geomembrane market include Agru America Inc., Atarfil, Carlisle SynTec systems, Carthage mills Inc., Naue GmbH & co, Solmax, Raven industries Inc, Juta, Plastika kritis, and Officine Maccaferri SPA.

Other players in the value chain of the geomembrane market include Dow chemical company, Huesker synthetic GmbH, Low and Boner PLC, Propex operating company LLC, Royal ten cate Inc, Strata systems Inc, Tenax, Tensar corporation, Ace geosynthetics, and Asahi kasei corporation.

Polyethylene Terephthalate (PET) Market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Saudi Arabia Cloud Kitchen Market Analysis, Top Players, Target Audience And Forecast By 2030

The Saudi Arabia cloud kitchen market is expected to witness significant growth owing to increase in demand for fast food among millennial and Gen Z. Moreover, introduction of new advance technology such as autonomous vehicle and drones has reduced the food delivery time, which has further augmented the growth of market. In addition, rise in trend of online advertisement of cloud kitchen products is anticipated to boost the overall revenue of the industry.

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the Saudi Arabia cloud kitchen market size was valued at $157.0 million in 2020, and is estimated to reach $335.7 million by 2030 with a CAGR of 7.7% from 2021 to 2030. Cloud kitchens are also known as dark or shared kitchens. Cloud kitchens are delivery-only kitchens which can be owned by a brand or third party working with various brands. Moreover, increase in number of youngsters population globally along with changing taste preference of the consumers have raised the demand for online food delivery. Hectic life schedule and rise in consumer disposable income are the major factors due to which trend of ordering food online has increased.

Furthermore, increase in usage of smart phones, rise in literacy and easy access to the internet has made the work of ordering food easier. Now a days, food restaurant are tying up with online food service site for the delivery of food and also to increase their sales. Moreover, online food delivery services also provide lots of offers, which attracts the consumer and also helps in increasing consumer base. Hence, effective offers and good customer service boosts the growth of the Saudi Arabia cloud kitchen industry.

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The Saudi Arabia cloud kitchen market is segmented into type, product type, nature, and region. By type, the market is categorized into kitchen, commissary/shared kitchen, and kitchenpods. By product type, it is classified into burger/sandwich, pizza/pasta, chicken, seafood, Mexican/Asian food, and others. By nature, it is bifurcated into franchised and standalone. By type, the kitchenpods cloud kitchen segment is growing with the highest CAGR followed by commissary/shared kitchen.

The key players profiled in the report are Kaykroo, Kitopi, iKcon, kitch, Talabat, Sweetheart Kitchen, Kitchen United, Kitchen Park, The Leap Nation and Food To Go.

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Key Findings Of The Study

By type, the independent cloud kitchen segment dominated the Saudi Arabia cloud kitchen market in 2020, and is expected to retain its dominance throughout the forecast period.
By product type, the burger/sandwich segment accounted for highest share in the Saudi Arabia cloud kitchen market growth in 2020, and is projected to grow at a CAGR of 8.0% from 2021 to 2030.
By nature, the franchised segment led the Saudi Arabia cloud kitchen market demand in 2020, and is expected to retain its dominance throughout the forecast period.

Paper Making Machines Market Leading Companies and Top Regions and Forecast by 2031

The Paper Making Machine Market size was valued at $20.4 billion in 2021, and is estimated to reach $32.3 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031.

Paper making is a set of machines that is used to manufacture various kinds of papers such as toilet paper, tissue paper, A4 paper, napkin paper and others. The machine primarily consists of four components: the net, the squeezing, the heating, and the drying. Fourdrinier wire and cylinder mold are the two different sorts of net parts. Press roll and papermaker’s felt are used in the squeezing process and one or more dryers are included in the drying portion.

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Top Companies

The key players profiled in the paper making machine market report include Voith, Bellmer, Cellwood, Andritz, Toscotec, A. Cellie, OverMade Srl, Ihi corporation, Valmet, Kawanzoe Zoki Co., ltd., Nsk Ltd, Parason, Cnbm, Allimand, Kadant Inc., Recard SPA, Georgia-Pacific Corporation.

Major factors such as rise in demand for paper in the packaging industry is anticipated to surge the growth of the paper making machine market opportunities during the forecast period. In addition, rise in awareness about the hygiene and use of paper fuels the demand of paper napkins and increase in demand for paper napkins at homes, restaurants and other commercial and residential spaces, is expected to boost the demand of paper making machine market. Moreover, rise in demand for paper making machine by using different types of material such as cloth and cotton, for reducing deforestation is expected to accelerate the growth of the paper making machines market.

During the lockdown, owing to coronavirus situation, various manufacturers in the paper making machine market had to stop their business production in countries such as China, the U.S., and India. This break directly impacted sales of paper making machine companies. In addition, lack of manpower and raw materials led to halt in supply of machines. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of paper making machine companies at their full-scale capacities.

Major players are adopting product launch and business expansion as key developmental strategies to improve the machine portfolio of the paper making machine market. For instance, in June 2021, Andritz launched two new high speed tissue machines with a design speed of 2,200 m/min for high production capacity. This is expected to improve the product portfolio of the company.

The paper making machine market is segmented on the basis of headboxes type, machine type, operation and region. On the basis of headboxes type, the market is segmented into multilayer and air padded. In 2021, the multilayer segment accounted for the largest share of 81% of the overall paper making machine market share.

Based on machine type, the market is segmented into specialty paper making machine, graphic paper making machine, packaging paper machine, tissue paper making machine and others. The specialty paper making machine segment held the largest market share of 31% in 2021. On the basis of operation, the market is categorized into semi-automatic and fully automatic. The fully automatic segment held the largest market share of 77% of the paper making machine market in 2021.On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe region was a highest revenue contributor in 2021.

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Beer Market Drivers Shaping Future Growth, Revenue USD 816,847.7 Billion by 2030 | CAGR 2.7%

The global beer market size was valued at $605,246.1 million in 2020, and is projected to reach $816,847.7 million by 2030, registering a CAGR of 2.7% from 2021 to 2030.

There is a significant growth in the number of breweries over the past few years. As the number of alcohol consuming consumers is increasing continuously, the demand for various flavors is also increasing. Consumers are always seeking for new flavors in beers to explore their taste for beers. As there are many well established global players in the market players from smaller countries such as Czhech Republic, Mexico, Costa Rica, Argentina, Chile, India, Caribbean Countries are expanding their product portfolio to offer new products to consumers. With increasing number of local players, need for more breweries is also expanding and hence market players are focusing on partnering of opening their own breweries in various international markets to make their products available in those markets. The trend of consuming local beers is resulting in increasing number of breweries, this is expected to boost the market for beers during the forecast time period.

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Emerging nations are expected to provide major opportunities for the beer market during the forecast period. The rise in acceptance of beer consumption and surge in popularity of beer for special occasions are expected to stimulate the market growth in emerging nations such as China, Canada, and Germany. Moreover, rise in social media is becoming the latest beer market trends in developed countries as it is taking lifestyle of millennials and Gen Z toward spending more on premium products, which is likely to open new avenues for the market participants to enter emerging markets.

Moreover, due to the outbreak of the COVID-19 pandemic, manufacturers have increased social media advertisement of using herbal skin care products to reach a large consumer base. However, implementation of lockdown and curfew practices globally is affecting the domestic as well as international production of skin care products, which in turn, hampers the growth of the overall market. Thus, the outbreak of COVID-19 has negatively impacted the Beer market in 2020, as sales of companies have reduced and operations have been halted.

Numerous manufacturers are indulge in producing of strong and flavorful beer across the globe. Moreover, the flavors such as honey-flavored, tart & funky, sour, fruit & spicy, malty & sweet flavors has attracted large number of customer base. Furthermore, the continuous innovation in the ingredient, flavor and packaging of beer has increasingly appealed to the customer worldwide. In addition, easy availability of flavored beer in bars, restaurant, wine shops and other has further boosted the beer market growth. Increasing youth interest towards flavored and strong beer across all the region is further expected to boost the market.

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The key players profiled in the beer market analysis are Anheuser-Busch InBev, Beijing Enterprises Holdings Limited, Carlsberg Group, Diageo PLC, Dogfish Head Craft Brewery, Inc, Heineken Holding NV., Squatters Pubs and Craft Beers, Sierra Nevada Brewing Co., The Boston Beer Company, Inc, and United Breweries Limited.

Key Findings Of The Study

By type, the beer segment dominated the global market in 2020, and is expected to retain its dominance throughout the beer market forecast period.
By packaging, the beer industry is divided into glass, metal can and others. Glass segment lead in terms of market share and is expected to continue to grow with robust CAGR during the forecast period.
By category, the premium segment held the major share in the market in 2020, and is projected to remain dominant during the forecast period.
By production, the beer market is segmented into macrobrewery, microbrewery and craft brewery. The macrobrewery segment held the major share in the market, and is projected to retain its dominance during the forecast period
By region, Asia-Pacific accounted for highest market share in 2020, and is expected to grow at a CAGR of 3.5%.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

IoT in Retail Market Top Impacting Factors, Global Opportunity Analysis by 2031

Factors including effective store space monitoring, supply chain management, inventory management, and customer behavior monitoring coupled with optimization and automation of the supply chain have boosted the growth of the global IoT in Retail Market. However, concerns regarding data security & privacy and high implementation & maintenance cost of IoT devices hinder the market growth.

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By application, the supply chain operation management segment held the lion’s share in 2021, contributing to more than one-third of the global IoT in retail industry. IoT enables retailers to drive innovation in their supply chains to reduce costs and improve customer services, which boosted the market growth. However, the customer management segment is estimated to manifest the highest CAGR of 23.1% from 2022 to 2031, as it simplifies process of communicating with customer and increase their satisfaction with services or products.

By offering, the solution segment held the largest share in 2021, accounting for more than two-thirds of the global IoT in retail market, due to proliferation of smartphones and use of mobile applications. However, the services segment is expected to register the highest CAGR of 21.7% during the forecast period. Services related to IoT in retail provide IoT technology for various strategies and these strategies ensure smooth running and troubleshooting of any glitches within the solutions.

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By deployment mode, the cloud segment is expected to register the highest CAGR of 23.1% during the forecast period. Cloud-based IoT in retail software has low capital expenditure as well as low maintenance requirements and is, therefore, highly preferred by mid-sized financial institutions. Growth in adoption of cloud-based IoT in retail software among large and medium-sized enterprises mainly drives the global IoT in retail market growth.

However, the on-premise segment dominated the market in terms of revenue in 2021, accounting for nearly three-fifths of the market. On-premises applications offer many benefits in terms of security, flexibility, and customization. These factors drive the growth of the on-premise IoT in retail market.

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By region, the global IoT in retail market across Asia-Pacific dominated in 2021, holding more than two-fifths of the market, due to numerous economic and process benefits such as real-time data analytics, network management, and industrial automation. However, the market across North America is projected to portray the highest CAGR of 23.2% during the forecast period, owing to adoption of IoT to improve retail sales and customer management performance.

Some of the key IoT in retail industry players profiled in the report include are Cisco System, Inc., International Business Machine Corporation, Intel Corporation, Microsoft Corporation, PTC, Huawei technologies Co. Ltd., Sierra Wireless, Amazon Web Service (AWS), SAP SE, Software AG, Bosch.IO GmbH, Google LLC., NEC Corporation, Oracle Corporation, AT&T Intellectual Property, Vodafone Idea limited, and Happiest Minds.

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Covid-19 scenario:

During the Covid-19 pandemic, several companies adopted work-from-home policies that demand cloud-based solutions and SaaS-based model. This, in turn, favored the demand for IoT and automation in retail as it eliminated the dependency on staff availability.
The pandemic disrupted normal lifestyle and forced substantial changes in policies and activities of organizations, governments, and individuals. These changes worked as a major catalyst in increasing the demand for IoT.

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IoT In Warehouse Market

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Nuclear Power Plant and Equipment Market to Witness Remarkable Growth from 2021 – 2030

Nuclear power plants differ from fossil power plants mainly in the source of heat for converting water into steam, which is subsequently used to run the turbine and produce electricity. In addition, the source of heat is nuclear fission (or fusion, in future fusion reactors), while in the latter, it is the combustion of the fossil fuels such as coal, oil, or gas. Therefore, the structural materials chosen for nuclear reactors should also meet the requirements of fossil power plants in terms of good creep resistance, oxidation resistance, low-cycle fatigue strength, and thermal conductivity. Moreover, the elements present in the structural materials should also have a low neutron absorption cross-section, that is the probability of neutrons produced in the reactor being absorbed by these elements should be low. Furthermore, the properties of these materials should not degrade under the high levels of radiation that exist in nuclear reactors. Such degradation is generally referred to as radiation damage and includes irradiation embrittlement, irradiation creep, and swelling, helium embrittlement. In addition, nuclear power provides almost 15 %of the world’s electricity and according to the U.S. Energy Information and administration, as of December 31, 2020, 94 nuclear reactors were operating at 56 nuclear power plants in 28 states. 32 of the plants have 2 reactors, and 3 plants have three reactors. Nuclear power plants have supplied about 20% of total annual U.S. electricity since 1990.

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The rise in demand for low-cost energy, reliable, zero carbon emissions, and high energy density energy across the world led to an increase in the demand for nuclear energy. In addition, the increase in demand for electricity was caused in part by the increase in population, and economic development also led to increasing in the demand for nuclear power plants and equipment.

The growth in demand for low-carbon-emission energy and long-life power plants led to an increase in demand for nuclear power plants, and the fast expansion of nuclear power plants created a number of opportunities for nuclear power plant equipment.

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The nuclear power plant and equipment market is segmented on the basis of reactor type, equipment type, and region. On the basis of reactor type, the market is categorized into pressurized water reactor (PWR), pressurized heavy water reactor (PHWR), boiling water reactor (BWR), light water graphite reactor (LWGR), gas-cooled reactor (GCR), others. On the basis of equipment type, it is segmented into island equipment and auxiliary equipment. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global nuclear power plant and equipment market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include BWX Technologies, INC, Dongfang Electric Co., Ltd., Doosan Corporation, General Electric, Korea Electric Power Corporation, Larsen & Toubro Limited, Mitsubishi Heavy Industries, LTD., Shanghai ALSTOM SA, The State Atomic Energy Corporation (ROSATOM), Toshiba International Corporation.

The global nuclear power plant and equipment market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2021–2030. The report includes a study of the market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s Five Forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

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Key findings of the study

On the basis of reactor type, the pressurized water reactor (PWR) segment emerged as the global leader in 2020 and is anticipated to be the largest market during the forecast period.
On the basis of equipment type, the auxiliary equipment segment emerged as the global leader in 2020 and is anticipated to be the largest market during the forecast period.
On the basis of region, the Asia-Pacific registered the highest market share and is projected to maintain the same during the forecast period

About Us

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Cancer Gene Therapy Market Will Turn over USD $11.4 Bn to success Revenue to Cross 23.3% in the Forecast Period

Allied Market Research published a report, titled, “Cancer Gene Therapy Market by Therapy (Gene Induced Immunotherapy, Oncolytic Virotherapy, Gene Transfer), by End User (Hospitals, Diagnostic centers, Research Institutes): Global Opportunity Analysis and Industry Forecast, 2020-2030.” According to the report, the global cancer gene therapy industry generated $1.4 billion in 2020, and is expected to reach $11.4 billion by 2030, witnessing a CAGR of 23.3% from 2021 to 2030.

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Leading Market Players

Bristol Myers Squibb Co.
Novartis
Amgen Inc.
Glaxosmithkline PLC
Kayropharma Therapeutics
Gilead Sciences
Adapta Immue
Genulex Corporation
SynerGene Therapeutics
Shanghai Sunway Biotech

By Therapy

Gene Induced Immunotherapy
Oncolytic Virotherapy
Gene Transfer

By End User

Hospitals
Diagnostic centers
Research Institutes

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Clinical Trial Packaging Market Size to Reach 9.1% Of CAGR Forecast by 2031

The Clinical Trial Packaging Market size was valued at $2.58 billion in 2021, and is estimated to reach $6.21 billion by 2031, growing at a CAGR of 9.1% from 2022 to 2031. Clinical trial packaging is an important factor to place devices in the market safe and secured during the shelf life. Packaging performs protection and communication with the environment, humans, and vice versa. For a medical device, protection is necessary by maintaining package integrity, usually, proper packaging is required for medical equipment to avoid, physical damage, biological contamination, and other external disturbance. In addition, other motive is the proper identification of the device by means of labeling.

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The major players profiled in the global clinical trial packaging market analysis include, Almac Group Limited, 3M Company, Bilcare Limited, Corden Pharma International, Thermo Fisher Scientific Inc., Mawdsley-Brooks & Co. Ltd., Parexel International Corporation, Piramal Enterprises Ltd., Sharp Services, LLC, Caligor Coghlan, Next Pharma Technologies Holding Limited, PCI Pharma Services, Sentry BioPharma Services, Westrock Company, Körber Medipak Systems AG, WuXi AppTec, and Xerimis Inc.end userend user. Major companies in the market have adopted product launch, partnership, business expansion and acquisition as their key developmental strategies to offer better products and services to customers and boost the clinical trial packaging market share.

Rapid advancements in the technology involved in medical equipment, coupled with introduction of new and innovation devices require specialized and smart packing solutions, which also drives the market growth. Moreover, increase in number of patients with acute and chronic ailments have a direct and positive impact on the demand for clinical trial packaging, rise in environmental concerns, coupled with increased expenditure on healthcare infrastructure has led to production and innovation of eco-friendly packing solutions. However, strict rules & regulations imposed by the government across the world may hamper the global clinical trial packaging market growth. Conversely, increase in need for sterile packaged, tamper-proof, and nonreactive products with great performance & reducing total cost of ownership are few factors that create lucrative opportunities for the clinical trial packaging industry in the future.

The global clinical trial packaging market segmented on the basis of packaging type, material, end user, and region. On the basis of packaging type, it is further classified into syringes, vials & ampoules, bottles, bags & pouches and others. By material, it is divided into plastic, glass, metal, paper, and corrugated fiber. By end user, it is categorized into research laboratories, clinical research organizations, and drug manufacturing facilities. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Mobile Crane Market is projected to reach $24.5 Billion by 2031

The Mobile Crane Market size was valued at $14.4 billion in 2021, and is estimated to reach $24.5 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.

Mobile cranes are movable machinery that are used for material lifting. Mobile cranes are typically equipped with hydraulic telescopic arm or lattice booms for lifting and transporting medium to heavy weight loads. Mobile cranes provide the advantage of easy transit from one job site to another, unlike fixed cranes. In addition, they require very less time for installation and set-up and have self-decking and un-decking features. However, the size of the mobile cranes may decide the time required for travel to the lift location.

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Top Companies

Key companies profiled in the mobile crane market analysis report include, Altec Inc., Cargotec Corporation, Liebherr International AG, Manitowoc Company Inc., Sany Heavy Industry Co. Ltd., Tadano Ltd., Xuzhou Construction Machinery Group Co. Ltd. (XCMG), Zoomlion Heavy Industry Science and Technology Co. Ltd., and Kobelco Construction Machinery Co., Ltd.

By boom type, the telescopic boom segment accounted for the highest mobile crane market share in 2021, owing to its ease of usability. According to the terrain type, all-terrain cranes have maximum contribution in the mobile crane market, mainly due to their versatility and high efficiency. In addition, all-terrain cranes provide high lifting capacity and superior mobility over rough as well as normal highways. Furthermore, wheel mounted cranes have high demand globally, owing to their compact size and easy maneuverability feature. The market is mainly driven by rise in infrastructure and construction activities. However, when compared to the static cranes, the mobile cranes are highly limited in their reach and lifting capacity.

In 2021, Asia-Pacific was the highest contributor in the mobile crane industry. China accounts majority of the global share in mobile cranes production as well as consumption. However, this has affected the production operations in other countries. To curb this competition, countries such as the U.S., Germany, and other European countries are focused on developing their manufacturing infrastructure for mobile cranes.

The integration of industry automation and remote operation has significantly increased their usability and operability, while keeping the lower cost of operation. Furthermore, the introduction of hybrid cranes that are capable of operating on convention fuel as well as electricity has positively influenced the demand for mobile cranes. Moreover, the improvements in aftermarket services is also anticipated to drive the mobile crane market growth.

Furthermore, on the basis of end-user industry, the construction segment is anticipated to grow rapidly, during the forecast period, owing to launch of highly maneuverable and high load bearing capacity mobile cranes, and increased demand in the infrastructure sector.

For instance, in December 2020, Liebherr International AG, launched LTC 1050-3.1 compact crane, which comes in rope pull version. Furthermore, in July 2021, Manitowoc Company Inc., unveiled its latest 60-ton capacity Grove GMK3060L-1. It is an all-terrain mobile crane incorporating a highly comfortable operator cab. Such cranes that are being offered by the manufacturers are suitable for various construction and infrastructure projects.

However, during the COVID-19 pandemic lockdown, various manufacturers in the mobile crane market had to halt their business in countries such as China, the U.S., and India. This break directly impacted sales of mobile cranes manufacturing companies. In addition, lack of manpower and raw materials constricted supply of raw materials for mobile cranes; and has negatively influenced the growth of the market. However, after two years of the COVID-19 outbreak and introduction of vaccinations, the severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.

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Shale Gas Market Progresses for Huge Profits during 2030

Shale gas refers to natural gas that is trapped within shale formations. Shales are fine-grained sedimentary rocks that can be rich sources of petroleum and natural gas. The combination of two production techniques includes horizontal drilling and hydraulic fracturing which has allowed access to large volumes of shale gas, which were previously uneconomical to produce. The production of natural gas from shale formations has rejuvenated the natural gas industry in the U.S. Shale gas market is trapped within the pores of this sedimentary rock.

The rise in awareness about the environment elevates the utilization of clean fuels; including natural gas and a surge in gasoline & diesel prices, and increased power generation augment the demand for shale gas.

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Gas is normally stored in three ways in gas shale, which include free gas, adsorbed gas, and dissolved gas. The gas stored within the rock pores and natural fractures is known as free gas and the gas that is adsorbed on organic materials and clay is known as adsorbed gas. Moreover, the gas dissolved in organic materials is known as a dissolved gas. Gas shale is the name given to a shale gas reservoir (play). Shale gas reservoirs are spread over large areas up to 500 m. They are characterized by low production rates. Shale gas reservoirs are fine-grained and rich in organic carbon content which signifies large gas reserves. There are disparities in lithology in gas shales which point toward the fact that natural gas is stored in the reservoir in a broad array of lithology & textures such as non-fissile shale, siltstone, and fine-grained sandstone (not only shale). Often, shale laminations or beds are interbedded in siltstone- or sandstone-dominant basins.

The shale gas market trends are segmented on the basis of technology, End-user, and region. Depending on the technology, the market is categorized into Vertical fracking, Horizontal fracking, and Rotary fracking. On the basis of End-user, it is classified into residential, commercial, industrial, power generation, and transportation. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The global Shale gas market growth analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include Southwestern Energy Company, EQT Corporation, Equinor ASA, Repsol SA, SINOPEC/Shs, Chesapeake Energy Corporation, Royal Dutch Shell PLC, Exxon Mobil Corporation, Chevron Corporation, and PETROCHINA/Shs.

The global shale gas market forecast is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2020–2030. The report includes a study of the market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

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Key findings of the study

On the basis of technology, the vertical fracking segment emerged as the global leader in 2020 and is anticipated to be the largest market during the forecast period.
On the basis of End-user, the power generation segment emerged as the global leader in 2020 and is anticipated to be the largest market during the forecast period.
On the basis of region, North America registered the highest market share and is projected to maintain the same during the forecast period.

About Us

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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