A Market Place Research – Page 1362

Open banking market: Top winning strategies, drivers & opportunities, market size & estimations, competitive landscape

Open Banking Market by Financial Services (Banking & Capital Markets, Payments, Digital Currencies, Value Added Services), by Distribution Channel (Bank Channel, App market, Distributors, Aggregators): Global Opportunity Analysis and Industry Forecast, 2020-2031. Open Banking Market Expected to Reach $123.7 Billion by 2031—Allied Market Research. According to a new report published by Allied Market Research, titled, “Open Banking Market,” The open banking market was valued at $13.9 billion in 2020, and is estimated to reach $123.7 billion by 2031, growing at a CAGR of 22.3% from 2022 to 2031.

The report covers an in-depth study of the latest market trends, major driving factors, top market players, and top investment pockets. A report is an essential tool for new market entrants, stakeholders, and shareholders to make informed decisions about their investments. The study involves an overview of the top market players along with a SWOT analysis of various industry players and Porter’s Five analysis to understand their market position. In addition, the study offers financial analysis, portfolio analysis, and business overview of the organizations that help stakeholders understand the long-term profitability of the industry. The report involves the latest market developments such as expansions, partnerships, new product launches, and mergers & acquisitions. Moreover, the study includes a detailed analysis of market dynamics such as drivers, restraints, challenges, and opportunities.

The Open Banking market report offers an in-depth study of drivers, restraints, challenges, and opportunities. Thorough information about major drivers of the market helps to understand market dynamics and how they can affect market growth. Furthermore, the restrains and challenges are covered in the report which is essential for market players for investments. The rapid advancements in technologies and rise in demand are major factors that are expected to unlock new opportunities in the future. The market is projected to witness significant growth during the forecast period.

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Along with this, the Open Banking report includes several tools that establish market growth. The SWOT analysis offers a comprehensive understanding of the major determinants of market growth, which is vital for understanding the upcoming opportunities. In addition, the report includes a Pestel analysis that offers industry-related data and information in tabular format which is vital to understand the positive and negative qualities that can impact the global Open Banking market. Moreover, the study includes Porter’s Five analysis to focus on those factors that can benefit the company in the long run.

Top Impacting Factors

Potential benefits of open banking
Increase in adoption of new applications and services
Improved overall customer engagement with open banking API’s

Key Market Segments

Financial Services:

Banking & Capital Markets
Payments
Digital Currencies
Value Added Services

Distribution channel

Bank Channel
App market
Distributors
Aggregators

The Covid-19 pandemic had a major impact on the global Open Banking market. The prolonged lockdown across European and Asian countries and restriction on international travel disrupted the supply chain and revenue chain. This negatively affected the market.

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The global Open Banking market is studied on the basis of geography along with the competitive landscape in every region. The report targets North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights help to formulate business strategies and give insights about how to react to new lucrative opportunities.

The Open Banking market report covers an analysis of the major market players in the market. The study includes sales, revenue analysis, and production of these companies. The prime market players are BBVA SA, Credit Agricole, Deposit Solutions, Finestra, Jack Henry & Associates, Inc., Nordigen Solutions, Revolut Ltd., Societe Generale, Tink, Yapily Ltd.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐈𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/purchase-enquiry/3840

Key benefits of the report:

The Open Banking market report provides a study of the Open Banking market coupled with a detailed summary, future estimations, and ongoing market trends to formulate profitable business strategies.
The study covers a detailed analysis of prime determinants of the market including drivers, restraints, challenges, and opportunities in the Open Banking market.
The market size is offered to determine the profitable trends to gain a strong foothold in the market.
The Open Banking market report provides a qualitative and quantitative analysis of the historic and forecast period.
The report includes Porter’s five forces analysis to understand the influence of the buyers and suppliers in the Open Banking market.
The report includes the Open Banking market trends and market share of major market players.

About Us:

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.

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Industrial Rubber Market | Exclusive Report on the Company Profiles and Market Positioning Analysis

Surge in demand from the automotive industry and rise in construction activities across the world drive the growth of the global industrial rubber market. Based on geography, Asia-Pacific is expected to garner the highest share of the market, accounting for more than one-third of the total market share of the global industrial rubber market. This region is expected to witness the highest CAGR of 5.8% from 2019 to 2026.

A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.

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The global industrial rubber market generated $31.3 billion in 2019, and is estimated to generate $44.6 billion by 2026, growing at a CAGR of 5.2% from 2019 to 2026.

The report helps clients in comprehending the first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contain in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.

The automotive segment contributed to more than one-third of the total share in terms of revenue in 2019, and is projected to lead throughout the forecast period. Moreover, the segment is expected to witness the fastest CAGR of 6.0% from 2019 to 2026. The report also analyzes segments including construction, electrical & electronics, manufacturing, and others.

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The Industrial rubber market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

The synthetic segment is estimated to register more than three-fifths of total share of the global industrial rubber market in 2019, and is estimated to remain its dominant position from 2019 to 2026. In addition, this segment is expected to grow at the fastest CAGR of 5.7% from 2019 to 2026. This is due to synthetic rubber being more abrasion resistant as compared to natural rubber. The research also analyzed the natural rubber segment.

Industrial rubber Companies Covered Market:- Sinopec Corporation, The Goodyear Tire & Rubber Company, LG Chem Ltd., Bridgestone Corporation, Toyo Tire & Rubber Co., Ltd., Arkema S.A., Lotte Chemical Corporation, Celanese Corporation, Braskem S.A. and Other.

Analysis of COVID-19 impact

The outbreak of the pandemic has had a massive impact on the majority of industries and the Industrial rubber market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Industrial rubber market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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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 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.

Car Care Solvents Market 2022 | Asia-Pacific Holds Significant Revenue Share and will Dominate the Industry

The global car care solvents industry was pegged at $1.1 billion in 2021, and is expected to reach $2.0 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.

Strict government regulations to promote cleanliness of cars, increase in disposable income, and surge in investment of customers in repair and maintenance activities have boosted the growth of the global car care solvents market. However, use of fossil fuels and fluctuations in crude oil prices hamper the market growth. On the contrary, rise in trend of vehicle customization would open new opportunities for the market players in the coming years.

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Covid-19 scenario:

The Covid-19 pandemic had a negative impact on the market due to strict regulations imposed on people to remain isolated at home and transportation. The manufacturing facilities worked at limited operability during the pandemic owing to lack of workforce and raw materials. This created a huge gap in supply-demand.
The prolonged lockdown disrupted the supply chain and there was drastic shift of investments from other sectors toward healthcare, which hampered the market.
In 2020, the prices of car care solvents increased in Asia-Pacific region, due to regional demand trends and tight product availability and firm downstream demand for car care solvent and stronger upstream costs.

By type, the propylene glycol segment is estimated to portray the highest CAGR of 6.8% during the forecast period, due to increase in awareness among car owners to keep their cars clean. However, the acetone segment held the largest share in 2021, accounting for around one-fourth of the global car care solvents market, and is expected to continue its dominance throughout the forecast period. This is owing to growing application of acetone as a car care solvent for automotive cleaning, paint restoration, degreasing, and others.

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The service centres and garages segment dominated the market

By end user, the service centres and garages segment held the largest share in 2021, contributing to nearly four-fifths of the global car care solvents market, and is expected to maintain leading position during the forecast period. In addition, the segment is projected to manifest the highest CAGR of 6.3% during the forecast period, owing to increasing investment of customers in repair & maintenance activities and government of some countries including Dubai and Russia impose fines on driving dirty cars., which encouraged customers to visit car washing stations. The report includes analysis of personal segment as well.

The commercial segment to showcase the highest CAGR through 2031

By application, the exterior segment is projected to manifest the highest CAGR of 6.4% during the forecast period. This is attributed to the increase in demand for a wide range of consumer goods which in turn has led to the rapid establishment of chemical manufacturing units where solvent-borne coatings are used in interior and exterior parts of various industrial equipment for corrosion resistance purposes. However, the interior segment held the largest share in 2021, accounting for more than half of the global car care solvents market, and is expected to continue its dominance from 2022 to 2031. This is due to increasing disposable income coupled with rising customer preference toward having luxury car interiors. In addition, rise in awareness of hygiene-related activities and need for isopropyl alcohol for killing bacteria and viruses in car interiors.

Asia-Pacific held the lion’s share

By region, the global car care solvents market across Asia-Pacific held the largest share in 2021, accounting for nearly half of the market. Moreover, the region is expected to register the highest CAGR of 6.8% during the forecast period, owing to rise in the involvement of original equipment manufacturers (OEMs) in the aftermarket industry combined with the consolidation of car care solvent distributors and growth in automotive and retain sectors. The report includes analysis of the market across North America, LAMEA, and Europe.

Major Market Players

ASELSAN A.S.
Honeywell International Inc
General Dynamics Corporation
Israel Aerospace Industries Ltd.
Indra
Leonardo S.p.A.
L3Harris Technologies, Inc
Thales
Norsat International Inc.
Viasat Inc.

The report analyzes these key players of the global car care solvents 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.

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How Hemp Can Protect Textiles and Clothing Market | Hemp Clothing Market Hits $23.02 Billion by 2031

Textiles made from hemp have been around for a very long time. As the demand for clothing and textiles derived from hemp has expanded, the market for hemp fiber has been revitalizing itself in recent years. This market segment’s popularity has grown in recent years, giving rise to inventive cotton replacements.

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According to the report published by Allied Market Research, the global hemp clothing market generated $2.29 billion in 2021, and is projected to reach $23.02 billion by 2031, growing at a CAGR of 27.1% from 2022 to 2030. As more individuals explore and invest in this versatile plant and the niche sectors of the industry, new and exciting products are emerging. The hemp plant is poised to be an integral part of our future, and watching it evolve into its full potential is guaranteed to be a fascinating journey.

Consumer behavior studies show that between 2000 and 2014, the average consumer bought 60% more clothing, yet they only kept each piece of clothing for half as long. It has been widely publicized how much the fashion business contributes to pollution and destruction to our rivers, oceans, and atmosphere. Every second, an estimated truckload of discarded clothing is burned or dumped. Although there are many residents who are concerned, the current sustainable fashion solutions are expensive and time-consuming.

Online retail platform is the major driver of the Hemp Clothing Industry. Presently, most of the apparel manufacturing companies have their own web-based retail stores where users can gain excessive information about the organization such as latest news of product and company and financial-related information. The number of consumers shopping online is increasing, owing to availability of varied product options and price comparison on online shopping sites. This is useful for retailers due to zero expenditure on physical outlets. The major reasons why consumers prefer online shopping online are consumers can read reviews provided by other consumers, compare various store & products, and consumers can compare product price by different sellers. According to “Our World in Data,” about 1,140 million internet users are present in East Asia-Pacific region, followed by Europe and Central Asia, accounting for of over 650 million internet users. In addition, access to internet and online apparel retail portal has provided consumers a platform where they can easily compare assorted products and prices as well as shop with comfort. Moreover, increase in ease of shopping of apparel from online retail portal is attracting a large consumer base using internet, which is anticipated to fuel the overall Hemp Clothing Market Growth.

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The report offers a detailed segmentation on the global hemp clothing market based on type, end-user, distribution channel and region. The report offers a detailed analysis of every segment and their respective sub-segment through graphical and tabular representation. This analysis might assist market players, investors, and new entrants in devising strategies based on fastest growing segments and dominating segments that is mentioned in the report.

Based on type, the dress segment held the largest market share in 2021, garnering more than one-fifth of the global market, and is expected to maintain its leadership status during the forecast period. The activewear segment, on the other hand, is expected to cite the fastest CAGR of 28.4% during the forecast period.

Based on end user, the women segment held the dominating market share in 2021, holding nearly three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The kids segment, on the other hand, is predicted to cite the fastest CAGR of 28.8% during the forecast period.

Based on distribution channel, the independent retail stores segment held the largest market share in 2021, garnering nearly half of the global market, and is expected to maintain its leadership status during the forecast period. The report also analyses other segment such as hypermarket, e-commerce, and others.

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Based on region, the market across North America held the largest market share in 2021, holding around two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The LAMEA region, on the other hand, is expected to cite the fastest CAGR of 30.3% during the forecast period.

The key players analyzed in the global hemp clothing market report include Patagonia, Inc, Tentree, Thought Clothing, TOAD&CO, Back Beat Co, Ecofibre, Eileen Fisher, Groceries Apparel, Jungmaven, LANIUS GmbH, Levi Strauss &Co, ONNO T-Shirt Company, Outerknown, United By Blue, and WAMA UNDERWEAR.

The report analyzes these key players of the global hemp clothing market. These market players made use of constructive strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to strengthen prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by eminent players of the market.

Related Report :-
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Shoe with Knitted Upper Market : https://www.alliedmarketresearch.com/shoe-with-knitted-upper-market
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Horse Riding Apparel Market : https://www.alliedmarketresearch.com/horse-riding-apparel-market-A06491

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Phospholipid Market Demand Analysis, Development Factors, Overview with Manufacturers And Forecast 2030

A phospholipid is a type of lipid molecule, which is made of two fatty acids, a phosphate group, and a glycerol molecule. Phospholipid have several applications such as nutritional, pharmaceutical, and food,. There are many health benefits related to phospholipids, therefore, they are used widely for several studies related to the pharmaceutical industry.

The global phospholipid market size was valued at $2,846.1 million in 2020, and is projected to reach $5,647.1 million by 2030, registering a CAGR of 7.1% from 2021 to 2030. In 2020, the soy segment accounted for the highest share in the phospholipid market.

“The Phospholipid market is expected to witness significant growth growing Demand for Naturally Sourced Ingredients, increasing demand for phospholipids in pharma and cosmetics industries.”

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Phospholipid is a promising natural ingredient for health products, owing to rise in consumer demand for natural supplements and ageing population. Many companies are releasing new natural health products, and some are substituting natural chemicals for synthetic ones in product formulations. Customers are more willing to try complementary and alternative medications, which propels demand for natural products. Customers strongly prefer natural and non-synthetic products to prevent ailments. Naturally sourced ingredients are preferred as customers feel safe. Associated health benefits and inclination of customers toward natural ingredients are the key reasons that drive demand for such products in the market.

Majority of phospholipids from soy sources are genetically modified. Genetically modified foods are a threat to the environment, pollution of soils, and a long-term threat to human health. It may have unknown long-term consequences that result in immunological alterations in the gut, decreased fertility, and exacerbation, and creation of allergies. It contains high concentrations of plant toxicants that represent thousands of plant biochemicals, many of which may have toxic effects on animals.

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The key players profiled in phospholipid market include Archer Daniels Midland Company, Bunge Ltd, Cargill, Incorporated, DuPont de Nemours, Inc, Kewpie Corporation, Lasenor Emul SL, Lipoid GmbH, SojaProtein a.d, VAV Life Sciences Pvt. Ltd, and Wilmar International Ltd.

Key findings of the study

By source, the soy segment held the highest share, accounting for 47.8% of the global phospholipid market.
Based on form, the powder segment held the major share of 70.6% of the phospholipid market.
Region wise, North America held the major share in the market, and is expected to remain dominant throughout the forecast period.

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Table of Content:
CHAPTER 1:INTRODUCTION

1.1.Key benefits for stakeholders
1.2.Key market segments
1.3.Research methodology

1.3.1.Secondary research
1.3.2.Primary research
1.3.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets

3.3.Value chain analysis
3.4.Porter’s five forces analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Growing Demand for Naturally Sourced Ingredients
3.5.1.2.Increasing Demand for Phospholipid in the Pharmaceutical and Cosmetics Industries

3.5.2.Restraints

3.5.2.1.Genetically modified foods may act as a threat to the environment

3.5.3.Opportunities

3.5.3.1.Growing Demand for Alternate Sources of Phospholipid
3.5.3.2.Increase in demand for label-friendly products among consumers

3.6.Market share analysis

3.6.1.By source
3.6.2.By form
3.6.3.By application
3.6.4.By region

3.7.Parent/Peer Analysis
3.8.Impact of COVID-19 on the phospholipid market

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About Allied Market Research:

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.

Global Contract Packaging Market to Generate $102.8 Billion by 2031, States the Report by Allied Market Research

A lead analyst at AMR highlighted that the contract packaging market across LAMEA is anticipated to witness the fastest CAGR during the forecast period.

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Allied Market Research published a research report on the contract packaging market. The findings of the report state that the global market for contract packaging generated $52.1 billion in 2021, and is projected to reach $102.8 billion by 2031, witnessing a CAGR of 6.9% from 2022 to 2031. The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenarios for market players, investors, shareholders, and new entrants.

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“The contract packaging market has witnessed significant growth in the past decade, owing to an increase in manufacturing activities and an increase in the number of small and medium scale manufacturers. A number of players in the contract packaging industry are expanding their businesses to strengthen their foothold in the global market. By material, the plastic segment dominated the market in 2021, this was attributed to the easy manufacturing of plastic packaging. By type, the primary segment dominated the contract packaging market in 2021, in terms of revenue. This is attributed to rising in global and domestic trade. Depending on end user, the personal care segment is expected to grow at a higher CAGR during the forecast period, owing to the rise in population and its disposable income.” said Onkar Sumant, Manager, Construction and Manufacturing, at Allied Market Research.

The report provides insights on the drivers, restraints, and opportunities to help market players devise growth strategies and capitalize on opportunities. The growth of the contract packaging market is owed to an increase in the number of small and medium-scale businesses worldwide, the rise in the e-commerce industry, and the advancements in packaging materials which have increased their usability in many sectors. On the other hand, negative impacts linked with the packaging materials impede market growth. However, the developments and advancements in the e-commerce, manufacturing and IT sectors are expected to offer lucrative opportunities for the market in the future.

The report provides a detailed scenario of the impact of the Covid-19 pandemic on the contract packaging market globally. The pandemic led to the halt of contract packaging businesses owing to restrictions on manufacturing activities. The slowdown in the economy led to reduced production in various end-user industries of contract packaging firms. However, due to the vaccination initiative by governments worldwide, the severity of the pandemic got reduced, leading to the reinitiating of manufacturing and contract packaging companies at their full-scale capacities.

The report offers a detailed segmentation of the global contract packaging market based on packaging type, material, end-user industry, and region. These insights are helpful for new as well as existing market players to capitalize on the fastest-growing and largest revenue-generating segments to accomplish growth in the coming years.

In terms of packaging type, the primary segment held the largest share in 2021, accounting for more than half of the global contract packaging market, and is likely to rule the roost by 2031. However, the tertiary segment would cite the highest CAGR of 7.4% from 2022 to 2031.

By material, the plastic segment accounted for more than two-fifths of the global contract packaging market in 2021 and would maintain its dominance by 2031. However, the paper and paperboard segment is likely to manifest the highest CAGR of 7.5% during the forecast period.

Based on the end-user industry, the food & beverage segment grabbed more than two-fifths of the global contract packaging market share in 2021 and would show prominent growth by 2031. However, the personal care segment is likely to show the fastest CAGR of 7.9% from 2022 to 2031.

By region, the market across Asia-Pacific captured nearly half of the global contract packaging market. Nevertheless, the LAMEA segment is projected to register the fastest CAGR of 7.8% during the forecast period.

Leading market players of the global contract packaging market analyzed in the report include AmeriPac Inc., Co-Pak Packaging, Assured Edge Solutions, Deufol, DHL, Hollingsworth, Aaron Thomas Company Inc., Green Packaging Asia, Jones Packaging, Kelly Products Inc., Sonic Packaging Industries, Wepackit Inc., Assemblies Unlimited Inc., Sharp Packaging, Stamar Packaging, Sterling Contract Packaging Inc., and Silgan Holdings Inc.

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Needle Coke Market 2022 | North America Dominates the Industry and will Hold Largest Share Revenue to 2030

The global needle coke industry was estimated at $2.3 billion in 2021, and is anticipated to hit $5.7 billion by 2031, registering a CAGR of 9.8% from 2022 to 2031. The report offers an explicit analysis of the changing market trends, top segments, key investment pockets, value chains, competitive scenarios, and regional landscapes.

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Growing popularity of super premium grade needle coke due to its low sulfur content and excellent intrinsic properties such as low puffing rate, low coefficient of thermal expansion, and large particle size drives the growth of the global needle coke market. On the other hand, high production cost of needle coke impedes the growth to some extent. Nevertheless, surge in technological advancement is expected to create lucrative opportunities in the industry.

Covid-19 scenario-

The outbreak of the pandemic had a negative impact on the supply of graphite electrodes, as well as the import & export of needle coke.
However, on the other hand, the pandemic coupled with the high volatility of crude oil prices had delayed many refinery projects across the globe, which had given way to increased demand for electric vehicles, thus giving the market a mixed impact altogether.

The petroleum-based segment to maintain the lion’s share-

By type, the petroleum-based segment contributed to more than two-thirds of the global needle coke market share in 2021, and is expected to lead the trail by 2031. The same segment is also projected to showcase the fastest CAGR of 10.2% from 2022-2031. Rise in supply of heavy oils globally and developments in the cement and power generation industries are anticipated to increase the demand for petroleum coke across the world, thus propelling the segment growth.

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The graphite electrodes segment to dominate by 2031-

By application, the graphite electrodes segment garnered around four-fifths of the global needle coke market share in 2021, and is expected to retain its dominance by 2031. This is because graphite electrodes are widely used in the production of steel and other non-ferrous metals via electric arc furnaces and ladle furnace pathways. These are then utilized in various battery types, electroplating and electrolysis, welding, cathodic protection, membrane electrode assembly, chemical analysis, and electroshock weapons. The lithium-ion battery segment, simultaneously, would exhibit the fastest CAGR of 11.1% from 2022 to 2031. This is because needle coke, which is widely used as a lithium-ion battery, is employed in products such as electronics, toys, wireless headphones, handheld power tools, small and large appliances, electric vehicles, and electrical energy storage systems.

Asia-Pacific grabbed the highest share-

Based on region, Asia-Pacific held the major share in 2021, generating nearly three-fifths of the global needle coke market. The same region would also cite the fastest CAGR of 10.7% throughout the forecast period. The growing demand for a high-quality needle for graphite electrode manufacturing along with the significant rise in demand for electric vehicles across the province propel the market growth.

Key players in the industry-

Essar Oil Ltd
HEG Limited
Indian Oil Corporation
Asbury Carbons Inc.
Mott Corporation
Nippon Steel Corporation
Petroleum Coke Industry
Sumitomo Corporation,
GrafTech International Ltd
Phillips 66
Reliance Industries
Shell Global
Tokai Carbon Co., Ltd.
Baosteel Group
Mitsubishi Chemical Corporation

The report analyzes these key players in the global needle coke market. These players have incorporated 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 assessing the operating segments, their business performance & product portfolio, and so on.

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Big Data Analytics in Healthcare Market to Generate $67.82 Billion by 2025, States the Report by Allied Market Research

A lead analyst at AMR highlighted that big data analytics in the healthcare market across Europe is expected to cite the fastest CAGR during the forecast period.

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Allied Market Research published a research report on big data analytics in the healthcare market. The findings of the report state that the global market for big data analytics in healthcare generated $16.87 billion in 2017, and is projected to reach $67.82 billion by 2025, witnessing a CAGR of 19.1% from 2018 to 2025. The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenario for market players, investors, shareholders, and new entrants.

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The report provides detailed insights on the drivers, restrains, and opportunities to help the market players devise several growth strategies. The surge in the adoption of big data in the healthcare industry, the increase in demand for analytics solutions to aid the sector, and the shift in preference from pay-for-service models to value-based care models propel the growth of global big data analytics in the healthcare market. On the other hand, issues related to data security and the dearth of skilled workforce impede the growth to some extent. However, growing inclination toward cloud-based analytics solutions and emerging trends in healthcare such as telehealth and innovations in genomics are anticipated to pave the way for numerous opportunities for the frontrunners in the industry.

The report provides a detailed scenario of the impact of the Covid-19 pandemic on big data analytics in the healthcare market globally. It is helpful for market players, new entrants, and investors to determine strategies as per the current scenario and improvise the desired business model for the next few years. The outbreak of the pandemic gave way to increasing demand for more streamlined operations in the healthcare industry, which impacted global big data analytics in the healthcare market positively. This trend is most likely to continue post-pandemic as well.

“Europe big data analytics in the healthcare market is expected to grow at the highest CAGR in the near future due to increase in government support for adopting healthcare analytics and development of healthcare IT infrastructure ecosystem, the surge in adoption of cloud technology in this market, and rise in expenditure on healthcare technology,” said Vishwa Gaul, Research Analyst, ICT at Allied Market Research.

The report offers detailed segmentation of the global big data analytics in the healthcare market based on component, deployment, analytics type, application, end-user, and region. These insights are helpful for new as well as existing market players to capitalize on the fastest-growing and largest revenue-generating segments to accomplish growth in the future.

By component, the software segment garnered more than two-thirds share of the global market in 2017 and is anticipated to retain its dominance through 2025. The services segment, on the other hand, is expected to register the fastest CAGR of 21.3% throughout the forecast period.

By deployment, the cloud-based model is expected to register the fastest CAGR of 20.8%. Nevertheless, the on-premise segment garnered the major share in 2017, accounting for nearly three-fifths of the global market.

By region, Europe is anticipated to cite the fastest CAGR of 21.8% during the forecast period. On the other hand, North America garnered the major share in 2017, generating more than half of the total market revenue.

The leading market players analyzed in the global big data analytics in healthcare market report include Cerner, Dell EMC, Epic System Corporation, GE Healthcare, Hewlett Packard Enterprise (HPE), Oracle Corporation, International Business Machines (IBM) Corporation, All Scripts, Microsoft, and Optum.

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Global artificial marble market to generate $4.58 billion by 2031: Allied Market Research

The increase in construction activities and the rise in the usage of artificial marble in different palliations including countertops, walls, furniture, flooring, and others fuel the global artificial marble market growth.

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Allied Market Research published a research report on the global artificial marble market. The findings of the report state that the global market for artificial marble generated $2.88 billion in 2021, and is expected to generate $4.58 billion by 2031, manifesting a CAGR of 4.7% from 2022 to 2031. The research provides a detailed analysis of changing market dynamics, key investment pockets, major segments, and competitive scenarios for new entrants, market players, and investors.

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Onkar Sumant, the Manager for Construction and Manufacturing at Allied Market Research, stated, “The artificial marble market has grown significantly over the past few years as a result of an increase in investment in infrastructure, including residential, non-residential, airports, malls, and other sectors. Moreover, renovation and reconstruction of existing buildings such as residential and office spaces are expected to drive the artificial marble market growth. Moreover, various benefits of artificial marble over natural marble such as low cost, high durability, and better appearance are a few of the factors that drive the market growth. In addition, leading industry players are employing a range of strategies, which is causing the artificial marble market to witness growth.”

The report offers an extensive analysis of driving forces, restraints, and opportunities to help market players in determining the strategies to be adopted to grow in the market. The increase in construction activities and the rise in the usage of artificial marble in different palliations including countertops, walls, furniture, flooring, and others fuel the global artificial marble market growth. Moreover, various advantages of artificial marble over natural marble including easy remodeling, cost-effectiveness, easy maintenance, high durability, and improved appearance supplement the market growth. In addition, the rise in investments in the renovation of buildings and the expansion of tourist places offer new lucrative opportunities in the coming years.

The research offers a detailed analysis of the impact of the Covid-19 pandemic on the artificial marble market across the globe. Market players needed to stop production activities of artificial marble completely or partially due to lockdown restrictions. Moreover, construction activities were stopped as per stringent regulations imposed by governments to curb the spread of the Covid-19 infection. However, the demand for artificial marble is expected to recover post-pandemic as new construction and renovation activities begin.

The report provides an extensive segmentation of the global artificial marble market based on product type, application, end-user, and region. On the basis of product type, the polyester artificial marble segment accounted for the highest market share in 2021, contributing to nearly two-fifths of the market, and is expected to maintain its dominance during the forecast period. However, the composite artificial marble segment is projected to register the highest CAGR of 5.9% from 2022 to 2031. Based on application, the flooring segment contributed to the highest market share in 2021, accounting for nearly half of the market share, and is estimated to maintain its leadership status during the forecast period. However, the countertops segment is estimated to manifest the largest CAGR of 6.9% from 2022 to 2031.

Based on end user, the residential segment accounted for the highest market share in 2021, holding more than half of the market share in 2021, and is estimated to maintain its dominance throughout the forecast period. On the other hand, the non-residential segment is projected to register the highest CAGR of 5.4% from 2022 to 2031. Based on region, Asia-Pacific contributed to the highest market share in 2021, accounting for more than two-fifths of the global artificial marble market, and will maintain its highest share by 2031. In addition, this region is expected to witness the fastest CAGR of 5.8% from 2022 to 2031. The research also analyzes regions such as North America, Europe, and LAMEA.

The report analyzes the leading players of the global artificial marble market including Aristech Surfaces LLC, Cupa Group, Classic Marble & Stone, Guangdong Legend Stone Co. Ltd, DuPont, Hfrtub Co. Ltd., Hari Stones Ltd., Kalinga Stone, Hyundai L & C Europe GMBH, XISHI GROUP Ltd., LX HAUSYS, Lotte Chemical, Owell, MARMIL S.A, WANFENG, Southland Stone, and Yunfu City Liji Stone Co., Ltd.

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Fabric Glue Market is Riding the Wave of Growth and Expected to Grow at a CAGR of 6.8% from 2022-2031

The global fabric glue market was estimated at $10.3 billion in 2021 and is expected to hit $19.9 billion by 2031, registering a CAGR of 6.8% from 2022 to 2031.

The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

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Covid-19 scenario-

The outbreak of the pandemic gave way to decreased demand from sectors such as automotive, textile, personal care products, and furniture, which impacted the global fabric glue market negatively, especially during the initial period.
However, as the government of various countries started relaxing the norms, the market for fabric glue also got back on track.

The global fabric glue market is analyzed across type, end-use industry, and region. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

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Based on type, the temporary segment held nearly three-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The permanent segment, however, would manifest the fastest CAGR of 7.0% throughout the forecast period.

Based on end-use industry, the industrial segment held nearly one-third of the total market revenue in 2021, and is expected to dominate by 2031. The automotive segment, on the other hand, would cite the fastest CAGR of 7.3% throughout the forecast period.

Based on region, the market across Asia-Pacific generated more than two-fifths of the global market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The same region would also manifest the fastest CAGR of 7.3% during the forecast period. The other provinces analyzed in the report include Europe, North America, and LAMEA.

The key market players analyzed in the global fabric glue market report include Beacon Adhesives Inc., Cattie Adhesives, Duncan Enterprises Company, Tear Mender, Frameware LLC, Gutermann GmbH, Arkema, H.B. Fuller Company, Henkel, Nanpao Resins Chemical Group, Permatex Canada Inc., Pidilite Industries Ltd., Odif USA, Prestige Coating Limited, and Prym Consumer USA Inc. The report provides a detailed analysis of these key players of the global medical tape market. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.

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