A Market Place Research – Page 1282

Compostable Plastic Market Sales Revenue to Touch $3,102.6 Million By 2027 | Major Companies, Strategies and New Trends

Allied Market Research published a report, titled, “Compostable Plastic Market by Type (Home Compostable Plastic [BioPBS FD92, BWC BF 90A, Ecopond Flex 162], and others), and by Application (Compostable cutlery, Compostable bag, Compostable straw, Compostable gloves, Compostable cup (cold cup), Compostable tray/dish): Opportunity Analysis and Industry Forecast, 2020-2027.” According to the report, the global compostable plastic industry generated $991.2 million in 2019, and is expected to reach $3.10 billion by 2027, portraying a CAGR of 15.4% from 2020 to 2027.

Prime determinants of growth:

Surge in adoption of compostable plastics due to its eco-friendly nature, increase in demand in food packaging applications, and supportive government policies drive the growth of the global compostable plastic market. However, expensive nature of compostable plastic hinders the market growth. On the other hand, declining dependency on petroleum resources and surge in corporate social responsibility (CSR) activities create new opportunities in the coming years.

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COVID-19 Scenario

With safety measures becoming essential in sectors such as packaging and food & beverages in which probability of transmission of COVID-19 is high, usage of compostable plastic has been increased considerably.
Consumers have been giving preference to compostable plastic packaging over conventional plastic packaging to maintain safety and save the environment.
Retailers and physical store owners have been offering compostable gloves to customers during shopping as a preventive measure as the lockdown restrictions have been lifted off.
The home compostable plastic segment to grow the fastest through 2027:

By type, the home compostable plastic segment is estimated to witness the fastest CAGR of 17.5% from 2020 to 2027, owing to its non-toxic properties and rapid decomposition into water, carbon dioxide, and biomass. However, the others segment contributed to the highest share of the global compostable plastic market in 2019, holding nearly four-fifths of the total share, and will continue its lead position during the forecast period. This is due to high penetration of compostable bioplastics over petroleum-based plastics in different industrial applications.

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The compostable bag segment to maintain the highest revenue contribution by 2027:

By application, the compostable bag segment held the largest market share of the global compostable plastic market in 2019, contributing to nearly half of the total share, and is estimated to maintain the highest contribution throughout the forecast period. This is due to increase in demand for eco-friendly bags in supermarket and online shopping stores. However, the compostable gloves segment would witness the largest CAGR of 16.1% during the forecast period. This is due to rise in application of compostable gloves in the food and bakery industries.

Europe, followed by North America, to maintain its leadership status during the forecast period:

Based on region, Europe, followed by North America, accounted for the largest share, contributing for nearly three-fifths of the total share of the global compostable plastic market in 2019, and will maintain its lead status during the forecast period. This is due to rise in application of compostable plastics in packaging of vegetables and fruits in the region. However, LAMEA is estimated to portray at the largest CAGR of 18.3% from 2020 to 2027, owing to huge number of imports from Asia-pacific and North America regions and expansion of manufacturing facilities.

Market players grabbing largest pie

BASF SE
Novamont S.p.A.
Dow Inc.
Natureworks
Plantic
Biome Technologies plc
Corbion N.V.
Eastman Chemical Company
Mitsubishi Chemical Holdings
Danimer Scientific

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Electrolyzer Market Steady Expansion & Comprehensive Growth By 2027

The market for electrolyzers is driven by increased demand for hydrogen in electric vehicles. Moreover, demand for on-site electrolyzer installation from industrial sector owing to decarbonization also acts as a driving factor for electrolyzer market growth. However, limited technological advancements, delayed permits, and equipment supply constraints act as restraints for the market growth. Meanwhile, favorable policies from governments that are encouraging use of electric vehicle and technological advancements can offer lucrative opportunity for industry growth in the near future. Global electrolyzers market size was valued at $0.2 billion in 2019 and is anticipated to generate $0.9 billion by 2027. The market is projected to experience growth at a CAGR of 24.6% from 2020 to 2027.

Supportive government initiatives toward reducing carbon emissions and lower costs of renewable energy drive the growth of the global electrolyzer market. However, limited technological advancements, delayed permits, and constraints related to equipment supply hinder the market growth. On the other hand, demand for on-site electrolyzer installation from the industrial sector owing to decarbonization creates new opportunities in the coming years.

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The electrolyzer market is segmented on the basis of product, capacity, application, and region.

Based on product, the alkaline electrolyzer segment accounted for the largest market share in 2019, contributing to nearly three-fifths of the global electrolyzer market, and is expected to maintain its dominant share in terms of revenue during the forecast period. This is due toits widespread adoption asit is the oldest form of electrolysis method. However, the PEM electrolyzer segment is projected to witness the highest CAGR of 25.1% from 2020 to 2027, owing to technological advancement and higher stability offered by them.

Based on application, the power generation segment contributed to the highest share in 2019, accounting for nearly one-third of the global electrolyzer market, and will maintain its leadership status throughout the forecast period. This is due to demand from the industrial sector for on-site electrolyzer setup. However, the transportation segment is expected to register the largest CAGR of 25.4% from 2020 to 2027. This is attributed to increased investment in electrolyzer technology for fuel cells to be used in electric vehicles.

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Based on region, Europe, followed by Asia-Pacific and North America, accounted for the highest share in terms of revenue in 2019, holding nearly two-fifths of the global electrolyzer market, and will continue its lead position by 2027. This is attributed toseveral initiatives from the European government for encouraging decarbonization. However, Asia-Pacific is expected to manifest the fastest CAGR of 25.1% during the forecast period, owing toincreased electric vehicle market in several countries such as China, Japan, South Korea, and India.

The key players operating in the market are Hydrogenics, Nel ASA, Siemens Energy Global GmbH, Co. KG. AG, Toshiba, Air Liquide, Plug Power, McPhy Energy, ITM Power, Idroenergy, and Next Hydrogen. The players in the market have adopted several strategies, such as product launch and business expansion to sustain the market competition.

Key findings of the study

The global electrolyzers market size is provided in terms of revenue.
Asia-Pacific is projected to grow at the highest CAGR of approximately 25.1%, in terms of revenue, during the forecast period.
By product, the alkaline electrolyzer segment is anticipated to grow with CAGR 24.6%, in terms of revenue, during the forecast period.
The Europe and Asia-Pacific dominated the electrolyzers market share by over 38.0% and 32.0% in 2019.
A comprehensive analysis of the factors that drive and restrain the electrolyzers market growth is provided.
The qualitative data in this report aims at the market trends, dynamics, and developments in the electrolyzers industry.
The electrolyzers market forecast and estimations are based on factors impacting the market growth.

About us:

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.

Home Water Filtration Unit Market Size Hits $5.8 Billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031

According to a new report published by Allied Market Research, titled, “Home Water Filtration Unit Market,” The home water filtration unit market was valued at $3.7 billion in 2021, and is estimated to reach $5.8 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.

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Due to numerous advantages, including the prevention of skin irritation, the improvement of drinking water’s flavour, and the elimination of limescale and other mineral deposits, home water filtration systems are becoming increasingly popular. Additionally, throughout the forecast period, demand for residential water filtration devices is projected to be driven by an increase in water contamination and a decrease in the amount of drinkable water due to increased urbanization and industrialization. For instance, India’s urbanization and population expansion, according to the World Economic Forum, are fouling its waterways. India’s surface water is estimated to be unsafe for human consumption in about 70% of cases. The almost 40 million liters of effluent that are appropriately disposed of into rivers and other water bodies every day.

Although water filters remove contaminants, consumers report that filtered water actually tastes and smells better. Consuming pure water has many benefits, from better digestion, detoxification, and skin hydration to a lower risk of cancer, and it enhances both mental and immunological health. In order to maintain optimal health, water filters remove pollutants from the water without robbing it of essential minerals. As a result, sales of home water filtering systems are growing rapidly worldwide.

However, prohibitive cost of installation, considerable maintenance cost and availability of filtered water from government bodies including municipal corporation are likely to hamper the growth of the home water filtration unit market share during the forecast period.

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According to the home water filtration unit market analysis, the home water filtration unit market is segmented into product type, sales channel, and region. By product type, it is segregated into water softeners, ultraviolet purification systems, sediment filters, carbon filters, and acid neutralizers. On the basis of sales channel, the market is categorized into direct sales and indirect sales (hypermarkets and supermarkets, specialty stores, and others). On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Belgium, Russia, Netherlands, and the Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Malaysia and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Argentina, Saudi Arabia, UAE and Rest of LAMEA).

According to market trends for household water filtration units, the segment of sediment filters contributed the most revenue to the market share with $59.7 million in 2021 and is anticipated to expand at a CAGR of 7.9% over the course of the forecast period. A sediment filter is a practical approach to protect the house from harm and maintain the water supply clean and refreshing. Dust, sand, clay, and rust flakes from corroded pipes are just a few of the many water contaminants that sediment filters are able to collect and remove. Due to their low cost and simplicity of replacement, sediment household water filtration systems are becoming increasingly popular. Thus, the above factors are likely to contribute to the home water filtration unit market growth through sediments during the forecast period.

According to the sales channel, the direct sales segment contributed most to the size of the home water filtration unit market and is anticipated to continue doing so for the duration of the projected period. Direct selling is a retail channel used by both large, well-known brands and smaller, independent companies to reach consumers with their products and services. Direct selling consultants operate independently but are associated with a business that uses the channel in order to keep their independence and the freedom to run a business on their own terms. The two main methods consultants use to establish trustworthy relationships with potential clients are in-person conversations and product demonstrations..

North America has obtained a sizable stake in the worldwide home water filtration unit market according to regional opportunities, and it is anticipated that it will maintain its share over the course of the projected period. Due to expanded financing capacity and awareness efforts carried out by organizations like the WHO and the U.S. EPA, water purifying systems have become more popular across the country. Large lakes and rivers provide the majority of the country’s water supply, but with the industrial revolution, rising pollution of natural resources compelled the deployment of treatment systems to safeguard the public’s health. Home water filters enhance the quality of raw water by removing contaminants.

The major players operating in the home water filtration unit industry focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. Some of the key players in the home water filtration unit industry include SUEZ Water Technologies & Solutions, Tata Chemicals Limited, Amway Corporation, A. O. Smith Corporation, Eureka Forbes Limited, Halo Source Inc., KENT RO Systems Ltd., LG Electronics, Panasonic Corporation, and Brita GmbH.

Key finding of the study

By product type, the water softeners segment was the significant revenue contributor to the market with $939.1 million in 2021 and is estimated to reach $1,458.7 million by 2031, with a CAGR of 4.7%.
As per sales channel, the direct sales segment was the highest revenue contributor to the market, with $2,611.4 million in 2021, and is estimated to reach $4,083.4 million by 2031, with a CAGR of 4.7%.
Region-wise, North America was the highest revenue contributor to the global home water filtration unit market, accounting for $1,369.9 million in 2021, and is estimated to reach $1,913.2 million by 2031, with a CAGR of 3.6%.

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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.

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Golf Club and Sets Market Share to Reach $4.9 Billion Globally by 2031

According to a new report published by Allied Market Research, titled, “Golf Club and Sets Market,” The Golf Club and Sets Market Size was valued at $3.4 billion in 2021, and is estimated to reach $4.9 billion by 2031, growing at a CAGR of 3.9% from 2022 to 2031.

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The golf clubs & sets has witnessed steady growth even under several unrests such as global uncertainty, weakened global economy, terrorist attacks, and others. According to the insights of the CXOs, the other golf clubs’ segment is anticipated to witness significant growth, owing to increase in health awareness and rise in sports awareness.

In addition, increase in sponsored sports events by government and private organizations to augment the participation of young population from the developing regions fosters the market growth. Moreover, rise in equipment donation by various organizations is anticipated to propel the market growth. Offline sales segments have enabled consumers to procure exclusive golf clubs & sets with opportunity to try and experience the products.

Rise in expenditure on sports training and development among children, owing to increase in consciousness about the benefits of engaging in sports activity such as increased concentration and problem-solving ability has fueled the demand for sports equipment including golf clubs & sets. Moreover, changing paradigm of educational system supports the growth of sport industry and industries related to it. In addition, rise in sports education and sports training in academics has significantly increased the awareness towards sports and fitness. Thus, many of the school/educational institutes are providing training to the students, providing them with the opportunity to compete in various sports competitions. Furthermore, upsurge in state, national, and international level competitions conducted by various governments across the world is leading to increased participation and developing interest of the youth in sports activities. This in turn has resulted in increased demand for sports training among kids’ segment which significantly contributes to the overall growth of the market.

The rise in expenditure on sports training and development among children, owing to an increase in consciousness about the benefits of engaging in sports activity such as increased concentration and problem-solving ability has fueled the Golf Club and Sets Market Demand. Moreover, the changing paradigm of the educational system supports the growth of the sports industry and industries related to it. In addition, the rise in sports education and sports training in academics has significantly increased the awareness of sports and fitness. Thus, many of the schools/educational institutes are providing training to the students, providing them with the opportunity to compete in various sports competitions. Furthermore, an upsurge in the state, national, and international level competitions conducted by various governments across the world is leading to increased participation and developing interest of the youth in sports activities. This in turn has resulted in increased demand for golf club & sets, which significantly contributes to the overall growth of the Golf Club and Sets Industry

The rise in penetration of the internet, smartphones, computers, and other electronic media & entertainment devices has significantly increased the involvement of children and youth in indoor activities. This has resulted in diminished health and deterioration of skills & abilities of this population, which in turn has declined the interest and rate of participation in sports and reduced sales of sports equipment and apparel. Thus, the decline in interest of children and the young population in sports including golf, owing to mounting interest in media & entertainment devices restrains the market growth.

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Various big brands are entering the untapped market where a lack of availability of sports facilities and products is witnessed. These key players are setting up sports facilities, sports centres, and playgrounds, and correspondingly promoting their products. Likewise, various organizations and NGOs are donating sports equipment, build sports facilities, conducting free of cost sports competitions, and training potential athletes free of cost. Moreover, developing interest of the young population in sports is anticipated to offer potential Golf Club and Sets Market Opportunity in the near future. These factors altogether significantly contribute towards the Golf Club and Sets Market Growth in untapped regions.

The Golf Club and Sets Market is segmented on the basis of type, application, distribution channel and region. By type, the market is categorized into woods, irons, hybrids, wedges and putters. In terms of application, it is divided into leisure, professional, and others. On the basis of distribution channel, the market is classified into specialty stores, sporting goods chains, on-course shops, online stores and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

According to the market players, the major obstacle attributed to the pandemic was the disruption of the supply chain. Furthermore, all the Distribution Channel were nearly shut down in the first quarter of the pandemic. However, online channels such as Amazon and Flipkart were delivering the products. They key players included in the Golf Club and Sets Market Analysis are Acushnet Holdings Corp., Adidas AG, Amer Sports, Bridgestone Corporation, Callaway Golf Company, DICK’S Sporting Goods, Inc. , Dixon Golf, Inc., Nike, Inc., Sumitomo Rubber Industries, Ltd, Robin golf, Ping, Inc , Bettinardi Golf, Cobra Golf , Pen fold Golf Limited, McGregor Golf , Hippo Golf, and Infiniti Golf.

Key findings of study

On the basis of type, the irons segment had the dominating Golf Club and Sets Market Share in 2021.
On the basis of application, the leisure segment had the dominating Golf Club and Sets Market Size in 2021.
On the basis of distribution channel, the specialty stores segment dominated the global market in 2021.
On the basis of region, North America dominated the global market in 2021, however, Asia-Pacific is likely to be the fastest-growing region during the Golf Club and Sets Market Forecast period.

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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.

Europe Basmati Rice Market by Type, Application, Distribution Channel, and Region

Europe Basmati Rice Market by Type, Application, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2022–2031,” the Europe basmati rice market was valued at $551.8 million in 2020, and is projected to reach $866.5 million by 2031, registering a CAGR of 4.2%. The Indian variety segment was the highest revenue contributor with $418.1 million in 2020, and is estimated to reach $671.3 million by 2031, with a CAGR of 4.5%.

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Basmati rice is distinguished by its distinct aroma and cooking qualities, and it is two to three times more expensive than other long grain rice. It is a slender and extra-long grain that expands to at least twice its original length when cooked. Basmati rice is distinguished from other aromatic long grain rice varieties by its excellent aroma, wonderful taste, and distinct flavor. It is widely used in Indian and Pakistani cuisines, as well as in Persian, Arab, and Middle Eastern cuisines.

Basmati rice continues to be the most popular long-grain rice variety due to its exceptional scent and flavor attributes. The majority of basmati rice farming is focused in India and Pakistan, with a few other South Asian countries such as Bangladesh, Vietnam, and Indonesia also cultivating basmati rice for self-consumption. Basmati rice continues to be the most popular long-grain rice variety due to its exceptional scent and flavor attributes. The majority of basmati rice farming is focused in India and Pakistan, with a few other South Asian countries such as Bangladesh, Vietnam, and Indonesia also cultivating basmati rice for self-consumption.

A significant export of basmati rice across global regions has created a demand for a stronger supply chain to provide a fair outcome for all supply chain players, from farmers to consumers. While governments work to strengthen the basmati rice supply chain, significant market participants continue to develop authenticity in the basmati rice supply chain, which improves brand image in both domestic and international markets.

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With the rise in rice consumption, there is expected to be a surge in demand for specialty rice, such as basmati rice, across Europe. Iran was the biggest importer of Indian basmati rice; however, in 2016, Iran imposed a ban and price cap on imports, causing Indian exporters to shift their focus to other markets. It offers price advantages to numerous European countries in order to promote the basmati rice business in Europe.

The key companies profiled in the report include Amira Basmati Rice, HBI, Estraco, East End Foods, TBA Suntra, S.G.S. International Rice Company, Amira Nature Foods, VSR Rice, The Rice ‘n Spice International Ltd., and Kohinoor Foods.

Key Findings Of The Study

In 2021, the UK dominated the market, with more than one-third share, in terms of both revenue and volume.
Spain is estimated to grow at the highest CAGR of 7.4% from 2021 to 2031, in terms of revenue.
The Indian variety type segment is projected to grow at the highest CAGR of 4.5%, in terms of revenue.
In 2021, the commercial application segment dominated the market, with more than two-thirds share, in terms of both revenue and volume.
The household application segment is anticipated to grow at the highest CAGR of 5.0%.

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Bamboo Toothbrush Market Size is Estimated to Reach $81.1 Million by 2031, Witnessing a CAGR of 10.6% From 2022 to 2031

According to the report published by Allied Market Research, the global bamboo toothbrush market generated $30.2 million in 2021, and is estimated to reach $81.1 million by 2031, witnessing a CAGR of 10.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

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According to CXOs of leading companies, poor oral hygiene can lead to oral complications such as gingivitis, halitosis, xerostomia, plaque formation, and dental caries. Poor oral hygiene generates formation of dental plague. This leads to gingivitis. Gingivitis, if not treated, can distract the tissues supporting to teeth which further leads to periodontitis. Hence, oral hygiene is an important factor to reserve periodontic health as well as mechanical or chemotherapeutic elimination of dental plaque to minimize disease activity.

As conscious consumerism gains traction and media coverage of global environmental issues broadens, purchasing habits shift and corporate sustainability takes central stage. In recent years, an increasing number of customers have expressed a desire for eco-friendly products, with a particular interest in cruelty-free and vegan items. According to a recent consumer survey done by Allied Market Research, one in every three consumers prefers eco-friendly options when purchasing products. Indeed, 35% are willing to spend more money on such products, and 56% are “slightly likely” to pay a higher price. Such shifting consumer focus manufacturers across the globe are also making efforts to make innovative products that are environmentally sustainable. North America was a highest revenue contributor and is estimated to reach $ 29,355.7 thousand by 2031, with a CAGR of 10.9%. Europe is likely to grow at a fastest growth rate during the estimated period. According to Plastic Ocean, European Union (EU) put new legislation on plastic use to reduce waste. EU produce over 28 million tons of plastic every year this has created an urgent need to curb this endless waste generation. Also, to discourage companies from using single use plastic EU put legislation as the producer will be solely responsible for the recycling and disposable of plastic waste. Such regulations imposed by government of various regions and countries will reduce the use of plastic and will create a need to develop or look for alternate materials. This factor will push the manufacturers of toothbrush to invest into alternate raw materials.

The report offers a detailed segmentation of the global bamboo toothbrush market based on end use, bristle type, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

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Based on end use, the adults segment held the largest share in 2021, contributing to nearly three-fourths of the global bamboo toothbrush market, and is likely to maintain its leadership status during the forecast period. Moreover, the same segment is expected to manifest the highest CAGR of 11.0% from 2022 to 2031. The report also discusses the children segment.

Based on bristle type, the soft segment held the largest share in 2021, accounting for more than two-thirds of the global bamboo toothbrush market, and would rule the roost through 2031. The same segment is estimated to witness the fastest CAGR of 11.3% during the forecast period. The report also discusses the medium and firm segments.

Based on region, the market in North America was the largest in 2021, accounting for more than one-third of the global bamboo toothbrush market, and is likely to maintain its leadership status during the forecast period. However, the market in Europe is expected to manifest the highest CAGR of 11.9% from 2022 to 2031. The other regions analyzed in the study include Asia-Pacific and LAMEA.

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Leading players of the global bamboo toothbrush market analyzed in the research includeBamboo India, Brush with Bamboo, Colgate Palmotive Company, My Humble Earth, Humble GroupAB, BAMKIKI, Bam&Boo, Big Little Brush, Enviromental Toothbrush, Paivi Enterprise, Mabboo,ecoheart, s.r.o., Boobam, Bamboos World, and The Bamboo Brush Society.

The report analyzes these key players of the global bamboo toothbrush market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

Europe Flue Gas Desulfurization (FGD) Market to Undertake Strapping Growth during 2029

The global Europe flue gas desulfurization (FGD) market study depicts the current key trends, market analysis, competitors’ strategy, and impending market & technology forecast. Moreover, the study also embodies the revenue size, market extent, and growth prospects of the global Europe flue gas desulfurization (FGD) market in terms of value and major trends at the regional level.

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Segmental Outlook of the Market

The global EUROPE flue gas desulfurization (FGD) market is classified on the basis of type, application, end-user, and region. Based on geography, the market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, Spain, France, Italy, and the rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

The segmental study is provided (real-time and forecast) in both quantitative and qualitative facets. This aids the clients in identifying the most productive segment to keep on with investments, along with short-term acknowledgment of the operating enterprises and their key developmental undertakings.

The major players operating in the global EUROPE flue gas desulfurization (FGD) market are examined to comprehend their competitive strength and position in the sector along with different data points, which take in the brief company overview, key officials of the company, current financials of the venture, major growth strategies incorporated by the respective enterprise, and new approaches or tactics undertaken by the firm to sustain and perk up their stand in the global EUROPE flue gas desulfurization (FGD) market.

By Type:

Dry FGD
Wet FGD

By End-users:

Iron & Steel Industry
Cement Manufacturing Industry
Power Generation
Chemical Industry
Others

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Covid-19 impact analysis:

The outbreak of COVID-19 affected the global economy severely and the EUROPE flue gas desulfurization (FGD) market was also not an exception in this regard. The report includes the COVID-19 impact on the market along with the current stratagems, dynamic slants, lines, and tactics espoused by the major players in the sector. It would further add up value to our clients by offering much-needed insights into the global spectrum of the market. Apart from showcasing the impact instigated on the market share and size throughout the pandemic, especially during the initial phase, it also focuses on the key strategies implemented by the frontrunners during this crisis. Simultaneously, with the rollout of mass vaccination programs across the world, the market is expected to revive soon and the report also offers the post-COVID-19 impact on the global EUROPE flue gas desulfurization (FGD) market.

The Report Encompasses the Below Key Points-

The segment that garners the major share in terms of revenue
The industry players and the approaches adopted by them
New tactics embraced by the players to carry through this pandemic
Explicit analysis of the value chain

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About Us

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 “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 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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Europe Drilling Services Market Projected to Garner Significant Revenues By 2029

The report includes an explicit breakdown of the major driving factors, market trends, major market players, and top investment pockets. It focuses on how the recent technological encroachments have influenced the growth of the Europe drilling services market. The state-of-the-art strategies implemented by the market players are also conferred in the report. Moreover, a depiction of how these players have assimilated several strategies to withstand the intense competition in the industry has put on immense value to the report.

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It is highly essential to comprehend the widespread value chain to obtain a deep understanding of the market. To attain this, AMR accumulates data from the top administrators in the industry. Furthermore, technical data is congregated from the intellectual property standpoint, whereas technical drifts are assimilated from exhaustive assessments, technical conventions, and trade bulletins. This study confers an informative depiction of the global market along with the recent trends and future valuations to support the investment pockets. Porter’s five forces analysis, on the other hand, validates the influence of buyers & suppliers in the market. The report offers a detailed market study based on economical force and how the global competition will shape up in the near future.

Segmental Analysis-

The Europe drilling services market is classified on the basis of segments such as type, application, and end user. Moreover, the report also contains a detailed regional analysis of the market.

Competitive Analysis

The report takes in an analysis of the major market players active in the global Europe drilling services market. It emphasizes the business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations incorporated by these market players to reinforce their position in the market. The market report takes account of statistics, tables, and charts to present a detailed study of the industry.

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Analysis of COVID-19 impact

The COVID-19 pandemic has impacted the global Europe drilling services market negatively along with altering the entire market scenario. The report delineates the impact of the lockdown across the world and how the ban on international travel has disrupted the total value chain, thereby leading to a global crisis. The report also examines the post-COVID-19 scenario along with portraying how the rollout of mass vaccination programs by several government bodies is going to help the global Europe drilling services market recoup soon.

EUROPE DRILLING SERVICES MARKET KEY SEGMENTS:

Europe Drilling Services Market By Service Type

Contract Drilling
Directional Drilling
Logging While Drilling (LWD)
Drilling Waste Management

Europe Drilling Services Market By Application

Onshore
Offshore

Europe Drilling Services Market By Country

Russia
The U.K.
Norway

Key Company Profile

Baker Hughes Inc.
Weatherford International Plc.
Schlumberger Limited
Superior Energy Services Inc.
Transocean Limited and Halliburton Co.

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About Us

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 “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.

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.

Contact:

Audio IC Market is projected to reach $45.57 billion by 2027

Audio IC Market By IC Type (Audio Amplifier, Audio DSP, Audio Codecs, and Microphone IC) and Application (Computer & Tablets, Phones, Headphones, Home Entertainment Systems, Automotive, Smart Home & IoT Devices, and Wearables): Global Opportunity Analysis and Industry Forecast, 2020-2027

The global audio IC market size was valued at $27.72 billion in 2019, and is projected to reach $45.57 billion by 2027, to register a CAGR of 7.09% from 2020 to 2027. Asia-Pacific was the highest revenue contributor, accounting for $10.06 Billion in 2019, and is estimated to reach $17.68 Billion by 2027, with a CAGR of 8.0%. Audio IC is an electronic chip, which is used as an audio processor, MEMS microphone, audio amplifier, and subsystem. Various types of audio ICs include audio amplifiers, audio converters, audio DSPs, and audio processors.

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Top Impacting Factors

Prominent factors that impact the audio IC market growth include increase in adoption of consumer electronics devices and development of new energy efficient audio devices with enhanced user experience. In addition, increase in adoption of wireless and smart infrastructure and surge in demand for Hi-Fi audio in commercial events fuel growth of the market. However, increase in demand for audio SoCs and technical faults and issues associated with integration of audio devices is a major restraint for the global audio IC industry. Furthermore, rise in demand for on-board media entertainment systems and development of VR technology is expected to create opportunities for the global market.

Key Benefits For Stakeholders

This study comprises analytical depiction of the global audio IC market size along with the current trends and future estimations to depict the imminent investment pockets.
The overall audio IC market analysis is determined to understand the profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current audio IC market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and the audio IC market share of key vendors.
The report includes the market trends and the market share of key vendors.

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Audio IC Market Key Segments

By IC Type

Audio Amplifier
Audio DSP
Audio Codecs
Microphone IC

By Application

Computer & Tablets
Phones
Headphones
Home Entertainment Systems
Automotive
Smart Home & IoT devices
Wearables
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Sweden
- France
- Germany
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players

Analog Devices Inc.
Cirrus Logic
NXP Semiconductors
STMicroelectronics
Maxim Integrated
ROHM CO. LTD.
Texas Instruments
ON Semiconductors
Toshiba Corporation
Infineon

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Asia-Pacific Professional 3D Camera Market: https://www.alliedmarketresearch.com/APAC-professional-3d-camera-market

Europe and Latin America Alarm Monitoring Market : https://www.alliedmarketresearch.com/europe-and-latin-america-alarm-monitoring-market-A15606

About Us:

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.

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

Contact Us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
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India (Pune): +91-20-66346060
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help@alliedmarketresearch.com

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Electrical Digital Twin Market Global Opportunity Analysis and Industry Forecast, 2021–2030

Electrical Digital Twin Market by Type (Product Digital Twin, Process Digital Twin, and System Digital Twin), Application (Asset Performance Management, and Business & Operations Optimization) and End User (Utilities, and Grid Infrastructure Operators): Global Opportunity Analysis and Industry Forecast, 2021-2030

The global electrical digital twin market size was valued at $149.10 million in 2020, and is projected to reach $556.4 million by 2030, registering a CAGR of 14.2% from 2021 to 2030.

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The rising demand in healthcare sector to cover real time aspects, and rising use of digital twin for predictive maintenance to avoid unexpected interruption are expected to fuel the electrical digital twin market growth. Moreover, the growing adoption of advanced technologies for implementation of digital twin applications is also expected to boost the market during the forecast period.

Segmentation

The electrical digital twin market share is analyzed on the basis of type, application, end user and region. By type, the market is divided into product digital twin, process digital twin, and system digital twin. By application, it is classified into asset performance management, and business & operations optimization. By end user, it is categorized into utilities, and grid infrastructure operators. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with their prominent countries.

Top Impacting Factors

Rising demand in healthcare sector to cover real-time aspects

Higher System complexities

Key Benefits for Stakeholders

This study comprises analytical depiction of the electrical digital twin market size, opportunity along with current trends and future estimations to depict imminent investment pockets.
The overall electrical digital twin market analysis is determined to understand profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The electrical digital twin market outlook forecast is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
Porter’s five forces analysis illustrates potency of buyers and the market share of key vendors.
The report includes the trends and the electrical digital twin market share of key vendors.

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Electrical Digital Twin Market Report Highlights

Aspects	Details
BY TYPE	PRODUCT DIGITAL TWINPROCESS DIGITAL TWINSYSTEM DIGITAL TWIN
BY APPLICATON	ASSET PERFORMANCE MANAGEMENTBUSINESS & OPERATIONS OPTIMIZATION
BY END USER	UTILITIESGRID INFRASTRUCTURE OPERATORS
BY REGION	NORTH AMERICA (U.S, Canada, Mexico)EUROPE (UK, Germany, France, Rest of Europe)ASIA-PACIFIC (China, Japan, India, South Korea, Rest of Asia-Pacific)LAMEA (Latin America, Middle East, Africa)
Key Market Players	ABB GROUP, AVEVA, EMERSON, GENERAL ELECTRIC, IBM CORPORATION, MICROSOFT CORPORATION, ORACLE CORPORATION, SAP, SCHNEIDER ELECTRIC, SIEMENS AG

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About Us:

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.

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