A Market Place Research – Page 1445

Portable Air Purifier Market 2020: Worldwide Industry Share, Size, Key Vendors, Growth Drivers, Regional, And Competitive Landscape Forecast To 2027

According to a new report published by Allied Market Research, titled, “Portable Air Purifier Market by Type, Technique, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2020–2027,” the global portable air purifier market size was valued at $8,273.00 million in 2019, and is expected to garner $13,756.50 million by 2027, registering a CAGR of 12.10% from 2020 to 2027. Air purifier is a device, improves the indoor air quality by eliminating pollutants from air. Portable air purifier that are used indoor to purify the air are studied in the report. Air purifier differ in their setup, operating technology, and in the volume of air they clean, all of which influence air cleaner effectiveness. Portable air purifiers are preferably used in indoor environment such as offices, schools, hospitals, and hotel rooms.

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Increase in industrialization and rise in consumption of coal for power generation leads to rise in soot and degradation of the indoor air quality that consequently propels the portable air purifier market growth of the portable air purifier market in China. In addition, government and private research institutes are making substantial efforts to identify how air purifiers can be manufactured with advanced filter technologies and with higher efficiency to provide better indoor air quality for consumers. . Moreover, increase in awareness of ill effects of air pollution on humans is anticipated to escalate the portable air purifier market during the forecast period.

E-commerce is becoming a popular medium for the purchase of portable air purifier among customers. This is attributed to easy accessibility and the benefits associated with online platform such as it offers information about the product functional attribute, time-saving feature, and the facility of home delivery to customers. Moreover, increase in penetration of various online portals in developed and developing countries and rise in number of offers & discounts attract large consumer base to purchase portable air purifiers through online channel. Thus, increase in e-commerce sales, improvements in logistics services, ease in payment options, and the facility to enter new international markets for major brands are anticipated to fuel the growth of the portable air purifier market during the forecast period.

By type, the dust collectors segment accounted for the highest share, due their easy installation, high purifying competence, and low consumption of dense air. The fume & smoke collectors segment is expected to witness substantial growth with CAGR of 12.50% throughout the forecast period. This is attributed to increase in portable air purifier market demand for air purifiers in household coupled with rise in awareness of ill effect caused due to polluted air.

On the basis of distribution channel, the supermarkets & hypermarkets segment dominated the portable air purifier market. This is attributed to availability of a broad range of consumer goods under a single roof, ample parking space, and convenient operation timings. Moreover, the staff present in the stores provide demo of the portable air purifiers pertaining to their functions and operation. Thus, presence of store associates for helping customers to choose the right product and provide product knowledge boosts the growth of the segment. Thus, these factors together drive customers to prefer this distribution channel over others for the purchase of consumer goods, including portable air purifier market opportunity.

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Key findings of the study

Depending on product type, the dust collectors segment was the highest contributor to the portable air purifier market, and is expected to grow at a CAGR of 11.70% from 2020 to 2027.

By technique, the High efficiency particulate air segment was the highest contributor to the market in terms of value in 2019 and is estimated to grow at a CAGR of 11.30 % from 2020 to 2027.

On the basis of distribution channel, the online stores segment exhibits highest CAGR of 13.4% from 2020 to 2027.

The supermarkets & hypermarkets segment accounted for 31.81% of the total portable air purifier market share in 2019, and is estimated to grow at a CAGR of 11.40%.

In terms of value, Asia-Pacific contributed for the highest market share in 2019.

The key players profiled in the portable air purifier industry report include Honeywell International Inc., Whirlpool Corporation, Panasonic Corporation, Levoit, Coway, Phillips, Sharp Corporation, Dyson Technology Limited, Austin Air Systems Limited, and Blueair.

Reason to Buy:

✅ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Portable Air Purifier Market.
✅ Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
✅ The key findings and recommendations highlight crucial progressive industry trends in the Portable Air Purifier Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
✅ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
✅ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
✅ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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TRENDING REPORTS :-
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Furniture Market https://www.alliedmarketresearch.com/furniture-market

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Global Magnesium Phosphate Market Revenue to Reach $2.0 Billion by 2030, States the Report by Allied Market Research

Immense use of magnesium phosphate in detergents, fertilizers, water treatment, animal feed, construction, and food sectors drives the growth of the global magnesium phosphate market.
Allied Market Research published a research report on the global magnesium phosphate market. The findings of the report state that the global market for magnesium phosphate generated $1.4 billion in 2021, and is projected to reach $2.0 billion by 2030, witnessing a CAGR of 4.1% from 2022 to 2030. The report offers valuable information on changing market trends, key segments, key investment pockets, and the competitive landscape for market players, shareholders, investors, and new entrants.

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Vitika Verma, the Manager, Materials and Chemicals at Allied Market Research, stated, “Rise in food & dietary supplements, animal feed additives, fertilizers, and other sectors led to increase in the demand for magnesium phosphate, which may act as the major driving factor for the market”
The report offers an extensive analysis of drivers and opportunities to help market players in determining strategies based on driving forces and tap into new opportunities. The immense use of magnesium phosphate in detergents, fertilizers, water treatment, animal feed, construction, and food sectors drives the growth of the global magnesium phosphate market. Furthermore, its use for boosting livestock and poultry performance boosts the global market growth. Moreover, the wide demand for magnesium phosphate as the best substitute for antibiotics and its use in combating diseases will open new avenues of growth for the global market.

The research provides detailed insights regarding the Covid-19 pandemic along with its impact on the global magnesium phosphate market across the globe. The COVID-19 pandemic had a negative effect on the global magnesium phosphate market as there was an immense reduction in fertilizer production owing to a short supply of labor and raw materials. Furthermore, the decline in costs of magnesium phosphate during the COVID-19 period was due to lockdown, low feedstock costs, quarantines, and less seasonal demand.

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The report offers an extensive analysis of segments of the global magnesium phosphate market based on form, application, and region. These insights are helpful for new entrants as well as existing market players in optimizing their gains through information on the fastest growing and largest revenue-generating segments derived from the report.
Based on the form, the dimagnesium phosphate segment accounted for the highest market share in 2021, contributing about half of the global magnesium phosphate market share. The segment is predicted to retain its leading position during the forecast timeline. Moreover, this segment is anticipated to record the fastest CAGR of 4.5% from 2022 to 2030.
In terms of application, the fertilizer segment contributed the highest share in 2021, accounting for nearly three-fifths of the global magnesium phosphate market share. Moreover, the segment is predicted to retain its market domination during the assessment period. Furthermore, this segment is forecast to record the fastest CAGR of 4.6% from 2022 to 2030.
Based on the region, the Asia-Pacific accounted for the largest regional market share in 2021, contributing more than two-fifths of the overall market share. The region is predicted to maintain its leadership position by 2030. Moreover, the same region is anticipated to register the highest CAGR of 4.8% during the forecast timespan.
Key players in the global magnesium phosphate market include KRONOX Lab Sciences Ltd., Jost Chemical Co, Hap Seng, Innophos Holdings, Inc., Triveni Chemicals, Nikunj Chemicals, Refractory Minerals, Anmol Chemicals, Celtic Chemicals Ltd, and American Elements.

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U.S. Home Decor Market Competitor Landscape, Opportunity Analysis, Growth, Trends & Forecast 2020-2027

The trend of aesthetically enhancing the houses has witnessed significant popularity due to sure in penetration of social media platforms in the U.S. Thus, increase in influence to decorate houses based on the various themes found on the internet notably contributes toward the growth of the market.

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According to a new report published by Allied Market Research, titled, “U.S. Home Decor Market by Product Type, Income Group, Price, Distribution Channel & Category: Opportunity Analysis and Industry Forecast, 2020–2027,” The U.S. home decor market size was valued at $125,813.0 million in 2019, and is estimated to reach $158,929.1 million by 2027, registering a CAGR of 8.0% from 2020 to 2027. In 2019, the floor covering segment accounted for significant contribution in the U.S. home decor market share, and is expected to grow at a CAGR of 8.4% throughout the forecast period.

The U.S. home decor market has witnessed significant growth over the years, and is expected to grow at a steady pace during the forecast period. This is attributed to the fact that market players are focusing on developing eco-friendly products, owing to rise in environment awareness. The floor covering segment occupied the largest share in the overall home decor market in 2019, and is expected to maintain its leading position throughout the forecast period, owing to the wide adoption of floor coverings,

The home decor market in U.S. is driven by surge in disposable income and improvement in living standards. Moreover, the rise in affinity of consumers toward consumer-friendly home décor products are anticipated to boost the demand for home decor products. However, availability of low-quality and counterfeit products and fluctuations in the prices of raw materials used to manufacture these products restrain the market growth. Conversely, surge in demand for trendy and unique furniture is anticipated to provide lucrative opportunities for the U.S. home decor market growth.

The U.S. home decor market is segmented based on product type, distribution channel, price, income group and category. Depending on product type, the market is divided into furniture, home textile, and floor covering. By distribution channel, it is fragmented into supermarkets & hypermarkets, specialty stores, e-commerce, and others. Based on the price, the market is segmented into premium and mass. Based on the income group, the market is segmented into lower-middle income, upper-middle income, and higher income. Based on category, the market is segmented into eco-friendly and conventional.

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According to the U.S. home decor market analysis the floor covering segment generated the highest revenue in 2019, and is expected to remain dominant throughout the forecast period. The flooring segment is also expected to witness the highest growth rate of 8.4% from 2020-2027.

According to the U.S. Home Decor market forecast based on distribution channel, the specialty stores segment was the highest contributor to the U.S. market in 2019 and is expected to remain dominant through 2020-2027. However, the E-commerce segment is expected to grow at a higher growth rate through the forecast period.

Based on the price, the mass segment was the highest contributor to the U.S. home decor market in 2019 and is expected to remain dominant through 2020-2027. However, the premium segment is expected to grow at a higher growth rate through the forecast period

Based on the income group, the higher income segment was the highest contributor to the U.S. home decor market in 2019 and is expected to remain dominant through 2020-2027. The upper-middle income segment is expected to grow at a notable growth rate through the forecast period.

Based on the category, the conventional segment was the highest contributor to the U.S. home decor market in 2019 and is expected to remain dominant through 2020-2027. The eco-friendly segment is expected to grow at a highest growth rate through the forecast period

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Key findings of the study

The U.S. home decor market was valued at $125,813.0 million in 2020 and is estimated to reach $158,929.1 million by 2027, growing at a CAGR of 8.0% through the forecast period.
Based on product type, the floor covering service segment would witness the fastest growth, registering a CAGR of 8.4% during the forecast period.
In 2019, based on distribution channel, the specialty stores segment held the highest share, accounting for nearly half of the U.S. home decor industry.
In 2019, based on the price, the mass segment was the most prominent segment and is expected to grow at a significant CAGR throughout the forecast period.
Conventional segment was the dominant segment in 2019, accounting for a considerable share in the U.S. market.

U.S. Corporate Event Market Major Key players ! 360 Destination Group, Access Destination Services

According to a new report published by Allied Market Research, titled, “U.S. corporate event market by event type and industry: global opportunity analysis and industry forecast, 2021–2030,” the U.S. corporate event market size is expected to reach $510.9 billion by 2030 at a CAGR of 17.3% from 2021 to 2030.

The U.S. corporate event market generated revenue of $95.3 billion in 2020, and is expected to grow at a CAGR of 17.3% to reach $510.9 billion by 2030. Giant corporate companies organize various events to create strategies, celebrate success, or make new international standards. Their event managers either arrange for an event by themselves or prefer external services. Events organized by corporate companies include trade shows, grand ceremonies, team-building activities, induction programs, and annual function.

Trade shows are a crucial part of marketing strategies, as they allow brands to present their products, target customers, and find new business partners. In the recent years, there has been continuous increase in the popularity of trade shows, hence, they are mostly organized on huge venues. Furthermore, grand ceremonies include conferences and corporate galas. In team-building events, the major aim is to build a strong relationship and trust among the team members. Furthermore, induction programs are held in the beginning of the month—the most common start date for newly hired employees.

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Therefore, the corporate sector offers various opportunities for the event management companies to organize events, contributing to huge revenue generation, which, in turn, augments the growth of the U.S. corporate event industry. The growth of the corporate events industry is majorly driven by upsurge in frequency of corporate meetings, conferences, tradeshows/exhibitions, and other events. Furthermore, the deployment of best-in-class technology that can handle the entire event propels the industry growth.

Some industry sectors such as hotel and transportation industries are directly involved in the corporate event market. These industries may benefit from the corporate event business by offering their services and facilities to the planners and attendees of corporate events. Hotels are the key suppliers, and serve as the major beneficiaries. The development of the travel & tourism industry plays a significant role in the growth of the corporate event market. The factors that further promote the growth of the U.S. market include changes in lifestyle, rise in promotion of tourism, and increase in accessibility of transport facilities. The current trend of online booking option for transportation & accommodation service has increased the convenience of the business travelers, which is anticipated to significantly contribute toward the growth of the corporate event market.

By event type, the market is segmented into conference/seminar, trade shows/exhibition, incentive programs, company meetings, and others. The company meetings segment is estimated to exhibit the highest CAGR of 18.9% in the U.S. corporate event market during the forecast period. This is attributed to the development of the travel & tourism industry, surge in international business travels, and expansion of the information technology sector.

By industry, the market is segregated into banking & finance sector, information technology, real estate & infrastructure, automotive, insurance, and others. The information technology segment held the major share of 33.3% in the U.S. corporate event market in 2020, owing to the fact that many IT companies such as Apple, Oracle, Dell, Amazon, Facebook, IBM, Qualcomm, and Microsoft are headquartered in the U.S, which is the largest tech market across the globe, which contributes 32% of the total share in the technology market for 2020.

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Thus, all these factors indirectly impact the growth of the U.S. corporate event market during the forecast period. State wise, New York accounted for a significant market share in 2020. The priorities of attendees attending corporate event in New York is networking (82%), learning (71%), and entertainment (38%).

Tourism is one the growing sectors, which is expected to drive the future prosperity of New York. According to a report published by the Tourism New York, the state welcomed a record of 67 million visitors in 2019, which has directly impacted the economy of the state.

Players operating in the U.S. corporate event market have adopted various developmental strategies to expand their market share, exploit the U.S. corporate event market opportunities, and increase profitability in the market. The key players profiled in this report include 360 Destination Group, Access Destination Services, BCD Travel Services B.V., BI Worldwide, CWT, Cievents, Creative Group, Inc., ITA Group, Maritz Holdings, Inc., and Reed Exhibitions Ltd.

Key findings of the study

The U.S. corporate event market was valued at $95.3 billion in 2020, and is estimated to reach $510.9 billion by 2030, growing at a CAGR of 17.3% during the forecast period.
By event type, the automotive segment is estimated to witness the fastest growth, registering a CAGR of 18.8% during the forecast period.
In 2020, depending on the industry, the information technology segment was valued at $31.8 billion, accounting for 33.3% of the U.S. corporate event market share.
In 2020, the New York was the most prominent market in U.S., and is projected to reach $77.1 billion by 2030, growing at a CAGR of 16.7% during the forecast period.

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Global Carboxymethyl Cellulose Market to Reach $2.43 Billion by 2030, Says Allied Market Research

The global carboxymethyl cellulose market in Asia-Pacific is estimated to register the highest CAGR of 5.9% during the forecast period.
Allied Market Research published a research report on the global carboxymethyl cellulose market. The research shows that the global carboxymethyl cellulose market is pegged at $1.56 billion in 2020, and is projected to garner $2.43 billion by 2030, registering a CAGR of 4.0% from 2021 to 2030. The research provides comprehensive information about market dynamics, major segments, top investment pockets, and competitive scenarios for major market players, investors, new market entrants, and shareholders.

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Shankar Bhandalkar, the Lead Analyst, at food & beverages at allied market research, said, “The global carboxymethyl cellulose market in Asia-Pacific is estimated to register the highest CAGR of 5.9% during the forecast period.”

The study offered comprehensive information on drivers, restraints, challenges, and opportunities to help understand major market players and their investments and devise growth strategies and capitalize on opportunities.
Rise in need for carboxymethyl cellulose in e-vehicle batteries, development of biopolymer composite films through carboxymethyl cellulose, use of carboxymethyl cellulose in 4D printing of polyurethane paint, and development of edible film coatings and film through carboxymethyl cellulose have boosted the growth of the global carboxymethyl cellulose market. However, decline in raw material resources and availability of substitute products hinder the market growth. On the contrary, the expansion of the market in clean labels and diversified use of carboxymethyl cellulose is expected to open new opportunities in the future.
The study provides a comprehensive analysis of the impact of the Covid-19 pandemic on the global carboxymethyl cellulose market. The pandemic created unprecedented challenges for exporters in both developing and developed countries. The prolonged lockdown disrupted the supply chain. Dearth of workforce in production facilities and increased prices of raw materials hampered the market. Moreover, government restrictions on the export and import of goods and strict quarantine measures created challenges for both suppliers and customers.
The report offers detailed segmentation of the global carboxymethyl cellulose market on the purity level, application, property, and region.

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By purity level, the highly purified segment held the largest share in 2020, accounting for more than three-fifths of the market. In addition, the segment is estimated to register the highest CAGR of 4.5% during the forecast period.
By application, the food & beverages segment is projected to portray the highest CAGR of 5.0% during the forecast period. Furthermore, the segment held the largest share in 2020, contributing to more than one-third of the market.
By property, the thickening agent segment is anticipated to manifest the highest CAGR of 5.1% during the forecast period. In addition, the segment held the largest share in 2020, accounting for more than one-fourth of the market.
By region, the market across Asia-Pacific dominated in 2020, holding around one-third of the market. In addition, the region is expected to manifest the highest CAGR of 5.9% during the forecast period.
The key market players of the global carboxymethyl cellulose market are analyzed in the report such as Ashland Global Holdings Inc, J.M. Huber Corporation, Changzhou Science & Technology Co., LTD, Quimica Amtex y Amtex Chemicals, LLC, Carlyle Investment Management L.L.C., DKS Co. Ltd, Mikro-Technik GmbH & Company KG, Zibo Hailan Chemical Co., Ltd, Chongqing Lihong Fine Chemicals Co., Ltd.

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.

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Reverse Osmosis Membrane Market 2018 Industry Analysis by Top Leading Player, Key Regions, Future Demand and Forecast upto 2025

According to a new report published by Allied Market Research, titled, “Reverse Osmosis Membrane Market By Material Type, Filter Module and Application: Global Opportunity Analysis And Industry Forecast, 2018-2025,” the global reverse osmosis membrane market size was valued at $6.9 billion in 2017, and is estimated to reach $13.5 billion by 2025, registering a CAGR of 8.7% from 2018 to 2025.

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The spiral-wound reverse osmosis membrane segment accounted for more than two-fifths of the total reverse osmosis membrane market in 2017. Asia-Pacific is one of the prominent regions in the market that accounted for a sizeable share of the total reverse osmosis membrane market share in 2018. The reverse osmosis membrane is a semipermeable separating laminate used in purification of water from contaminants and excess of dissolve salts. Reverse osmosis removes many types of dissolved and suspended species from water, including bacteria, and is used in both industrial processes and the production of potable water. The result is that the solute is retained on the pressurized side of the membrane, and the pure solvent is allowed to pass to the other side. The reverse osmosis system does not require heat for the process to be performed, hence aids in conservation of energy.

Factors that drive the reverse osmosis membrane market growth are rise in demand for potable water and increase in population across the globe. Moreover, high-growth application areas such as seawater desalination systems and RO purification systems along with stringent regulations, owing to increased concerns over safe drinking water, is expected to drive the market. Also, rapid industrialization and continuous rise in infrastructure have contributed immensely toward water pollution, which is anticipated to drive the need for water purification and thus, indirectly creates an opportunity for the market players. However, factors, such as high cost of membrane, are expected to restrict the market growth during the forecast period. On the contrary, development of hybrid & advanced membrane technology with low energy consumption rate is anticipated to witness high adoption among consumers.

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The report segments the global reverse osmosis membrane market by material type, filter module, application, and region. On the basis of material type, the market is bifurcated into cellulose-based and thin film composite. According to the filter module, the market is classified into the plate & frame, tubular-shaped, spiral-wound, and hollow-fiber. On the basis of application, the market is divided into desalination system, RO purification system and medical devices & diagnostics. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

According to the reverse osmosis membrane market the thin film composite membrane segment was the highest contributor to the reverse osmosis membrane market. The cellulose-based membrane segment is expected to grow at the fastest CAGR of 7.9% during the reverse osmosis membrane market forecast period reaching $3.8 billion by 2025.

According to the reverse osmosis membrane market analysis, based on filter module, the spiral-wound segment accounted for a maximum share in the global market in 2018 and is expected to remain dominant during the forecast period. However, the hollow-fiber segment is expected to experience rapid growth with a CAGR of 9.1% from 2018 to 2025. The growth can be attributed to the advantages such as high packing density and the highly flexible strands of this filter module

North America accounted for approximately one-third of the total share of the reverse osmosis membrane market in 2018 and is expected to remain dominant during the forecast period. This can be attributed to rise in population and lack of potable water in this region. Asia-Pacific is expected to be a prominent market with major growth expected in China, India, and other developing countries.

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Key Findings of the Reverse Osmosis Membrane Market :

Based on material type, the thin film composite membrane segment in the market is expected to grow at a CAGR of 9.1% from 2018 to 2025.
Based on region, North America is projected to maintain its lead position throughout the forecast period, growing at a CAGR of 8.9%.
Based on filter module, the spiral-wound membrane segment accounted for more than half of the total reverse osmosis membrane industry in 2018.
Based on region, Asia-Pacific is expected to occupy a sizeable share in the global reverse osmosis membrane market. It is expected to reach $4.5 billion in 2025.
Based on application, the RO purification system segment is expected to grow at a CAGR of 8.2% from 2018 to 2025.

The key players profiled in the report include Toray Industries, Inc., LG Chem., Hydranautics (A Nitto Group Company), Toyobo Co., Ltd., Lanxess AG, The Dow Chemical Company, Koch Membrane System, Microdyn-Nadir GmbH, Membranium (JSC RM Nanotech), and Axeon Water Technologies.

Point-of-Entry Water Treatment Systems Market 2022: Worldwide Industry Share, Size, Key Vendors, Growth Drivers, Regional, And Competitive Landscape Forecast To 2031

Point-of-Entry Water Treatment Systems Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $6.6 billion by 2022, registering a CAGR of 8.9% during the period 2016-2022. Asia-Pacific is expected to maintain its leading position through 2022 owing to technological developments and rising awareness, backed by the increasing disposable income. Water softening technology is anticipated to maintain its dominance throughout the analysis period, followed by filtration methods.

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Water softeners lead the market on account of the widespread usage primarily among the residential customers. Water filtration is the next prominent technology due to heavy demand from the industrial sector. The food & beverage and semiconductor and electronics industries constitute a sizable demand for water filters.

In 2015, the residential sector occupied a major share of the market among the application areas, and is expected to maintain its leading position on account of growing population and urbanization. However, the industrial sector is anticipated to grow at the highest CAGR, on account of stringent regulations regarding water quality for industries such as food & beverage and pharmaceutical.

Asia-Pacific currently occupies the majority of market share. Improving economic conditions in China and India facilitate the growth in demand for water treatment systems in these countries. The LAMEA region is expected to grow with a notable CAGR during the forecast period, on account of improving lifestyle and increasing health awareness among the populace.

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Key Findings of Point-of-Entry Water Treatment Systems Market:
Rising awareness about the health issues arising from contaminated water drives the point-of-entry water treatment systems market.
The degrading water quality owing to industrialization increases the demand of water treatment systems in developing countries.
Water softening technology currently leads the market constituting approximately 38% of the overall market revenue.
Asia-Pacific is anticipated to maintain its leading position owing to heavy demand from China and India.

Leading players operating in the market include The DOW Chemical Company, 3M Company, Danaher Corporation, Best Water Technology (BWT) AG, Calgon Carbon Corporation, Culligan International, and Watts Water Technologies, Inc. These players introduce technologically advanced products and continuously expand their portfolio to capitalize on this growing market.

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Global Vertical Farming Market to Reach $12.77 Billion by 2026 at 24.6% CAGR

According to the report published by Allied Market Research, the global vertical farming market accounted for $12.77 billion in $2.23 billion in 2018 and is expected to garner $12.77 billion by 2026, growing at a CAGR of 24.6% from 2019 to 2026.

Increased utilization of vertical space & balanced energy utilization, ease provided for crop monitoring and harvesting, and limited availability of arable land for conventional agriculture have boosted the growth of the global vertical farming market. However, the high initial investment and development phase of technologies hamper the market growth. On the contrary, surge in urban population and rise in adoption of organic foods are expected to create lucrative opportunities in the near future.

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The global vertical farming market is segmented on the basis of component, structure, growth mechanism, and geography. Based on component, the market is segment is divided into irrigation components, lighting, sensor, climate control, building material, and others.

On the basis of structure, the market is categorized into building-based vertical farms and container-based vertical farms. The shipping container-based vertical farms segment is anticipated to register the fastest CAGR of 28.1% from 2019 to 2026. However, the building-based vertical farms segment dominated the market in 2018, contributing to nearly three-fifths of the total share.

Based on growth mechanism, the market is bifurcated into hydroponics, aeroponics, and aquaponics. The aeroponics segment is projected to register the fastest CAGR of 25.6% during the forecast period. However, the hydroponics segment held the lion’s share in 2018, contributing to two-fifths of the market.

The global vertical farming market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Europe is expected to manifest the fastest CAGR of 26.0% during the study period. However, the market across the Asia-Pacific region held the largest share in 2018, accounting for half of the market.

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The global vertical farming market report includes an in-depth analysis of the major market players such as:

AeroFarms
4D Bios Inc.
AMHYDRO (American Hydroponics)
Agrilution
Hort Americas
Everlight Electronics Co., Ltd.
Koninklijke Philips N.V.
Illumitex Inc.
Urban Crop Solutions
Sky Greens

Avenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world’s largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

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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.

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.

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Concrete Market Research, 2031 | Size, Emerging Trends and Global Demand

According to a recent report published by Allied Market Research, titled, “concrete market by concrete type, application, end-user industry and region: global opportunity analysis and industry forecast, 2021–2030,” the concrete market was valued at $167.7 billion in 2020, and is expected to reach $972.0 billion by 2030, registering a CAGR of 4.7% from 2021 to 2030.

Construction of all infrastructures need concrete for building purpose. Concrete can be in the form of ready-mix concrete or precast products & elements. Revenue generated by sales of these products represents the market size of the concrete market.

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The Top Key Players include in this Report:

CEMEX,
A.B. de C.V.,
CRH, Forterra,
Heidelbergcement AG,
Holcim, Shay Murtagh Precast Ltd,
Sika AG, Votorantim S.A.,
Weckenmann Anlagentechnik GmbH & Co. KG,
Wells Concrete.

Major companies in the market have adopted strategies such as business expansion, acquisition, product launch, and collaboration to offer better products and services to customers in the concrete market.

Increase in government expenditures for development and reconstruction & repair of infrastructures in various countries leads to increase in demand for ready-mix concrete and precast products & elements. In addition, ready-mix concrete and precast products reduce construction time, which, in turn, saves project cost and timeline. Moreover, these products are cost effective and reduce wastage of raw material.

Furthermore, innovation in manufacturing technology boost production quality and capacity. These are factors are anticipated to propel the market growth.

However, initial investment costs are high to setup ready-mix concrete plants and precast production facility. This leads customers to buy products in bulk at discounted rates. In addition, there has been rise in environmental awareness, which has led to adoption of sustainable and environment friendly construction material to build houses and offices. Such factors hinder growth of the concrete market. Further, the outbreak of COVID-19 has led to halt in construction and manufacturing activities across the globe. Halt in logistics services has led to interruption of supply chain, which, in turn, hinders growth of the concrete market. However, industries are gradually getting back on track and vaccine manufacturing is expected to lead to recovery of the concrete market by the end of 2021.

On the contrary, rapid urbanization and industrialization in developing countries has given rise to construction activities, which act as a major opportunity for growth of the concrete market.

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The concrete market is segmented into concrete type, application, end-user industry and region. By concrete type, it is segregated into ready-mix concrete, precast products, and precast elements. Depending on application, it is classified into reinforced concrete and non-reinforced concrete. On the basis of end-user industry, it is divided into roads & highways, tunnels, residential buildings, non-residential buildings &, dams & power plants, mining and others. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Spain, Finland, Sweden, Norway, Denmark, Belgium, Netherlands, Luxembourg and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Key Findings Of The Study

By concrete type, the ready-mix concrete segment was the highest revenue contributor in 2020.
By application, the reinforced concrete segment was the highest revenue contributor in 2020.
By end-user industry, the residential buildings segment was the highest revenue contributor in 2020.
By region, Asia-Pacific generated the highest revenue in 2020.

https://www.einnews.com/pr_news/565190331/concrete-market-size-share-growth-trends-and-global-forecast-to-2027-include-covid-19-analysis

https://www.einnews.com/pr_news/565080187/covid-19-impact-analysis-on-sliding-vane-air-motor-market-size-share-trend-share-growth-forecast-2025

https://www.einpresswire.com/article/565077113/thermo-ventilators-market-size-share-trend-share-analysis-forecast-2023-include-covid-19-impact

Compressed Air Treatment Equipment Market Research Report, Worth $15.30 Billion by 2031 | Key Drivers, Restraints & Opportunity

According to a new report published by Allied Market Research, titled, “Compressed Air Treatment Equipment Market,” The compressed air treatment equipment market size was valued at $8.95 billion in 2021, and is estimated to reach $15.30 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.

In 2020, Asia-Pacific dominated the global compressed air treatment equipment market, in terms of revenue, accounting for around 38.9% share of the global market.

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An air compressor is a mechanical device that is used to compress air from low pressure to high pressure. Compressed air can also be used to create nitrogen, clean up a specific area, aerate, and dry pharmaceutical ingredients. Compressed air treatment equipment reduces rust and corrosion of surgical instruments brought on by contaminated air and helps hospital equipment operation more effective. Several operations, including manufacturing, pharmaceutical, medical, assembly, and others, use compressed air treatment equipment.

The dryers segment has registered the highest compressed air treatment equipment market share in 2021. Dryers are essential pieces of equipment for treating compressed air and improving its quality as they are widely used to eliminate or significantly reduce the amount of moisture in compressed air. Growth in demand for compressed air treatment equipment from end-use industries such as chemical, automotive, paper, food & beverage, and medical drive the segment’s market growth.

The food and beverage segment was the highest revenue contributor to the market in 2021. Demand for food is expected to increase, owing to rise in population around the globe. Moreover, compressed air is important for food packaging and processing. Compressed air treatment equipment are used for blow-off application, cutting, sorting, shaping, and cleaning. All such factors are projected to boost the growth of the food industry at a significant rate.

The compressed air treatment equipment market trends has recently seen numerous new technological developments. For instance, ELGi Equipment advanced in oil-free compressed air technology in April 2019 with the introduction of the AB “Always Better” air compressor series. Such innovations in compressed air treatment equipment technology have the potential to have a significant positive effect on the market’s expansion in the ensuing years. This is anticipated to drive compressed air treatment equipment market growth.

The demand for the product during the anticipated time frame might be constrained by expensive compressed air treatment equipment. Timely inspections and regular maintenance that ensure maximum effectiveness limit the demand for compressed air treatment equipment. Regular maintenance is required to produce compressed air of high quality. These factors restrain the market growth.

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In addition, the outbreak of COVID-19 has led to a halt in logistic and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering growth of the compressed air treatment equipment industry. However, this situation is expected to improve as government is relaxing norms around the world for resuming business activities

Key Findings Of The Study

The report provides an extensive analysis of the current and emerging global compressed air treatment equipment market opportunities and dynamics.
Depending on product, the dryer segment has dominated the market, in terms of revenue in 2021 and the aftercooler segment is projected to grow at a significant CAGR during the compressed air treatment equipment market forecast period.
By application, the process air segment has registered highest revenue in 2021.
By end user industry, the food and beverage segment has registered highest revenue in 2021.
Asia-Pacific is projected to register highest growth rate in the coming years.
The key players within the global compressed air treatment equipment market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the service robotics industry.
The report provides an extensive analysis of the current trends and emerging opportunities of the market.
In-depth global compressed air treatment equipment market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.

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