A Market Place Research – Page 1614

Industrial Floor Coating Market 2030 | Business Strategies and Opportunities With Key Players Analysis

According to a new report published by Allied Market Research, titled, “Industrial Floor Coating Market by Resin Type, Flooring Material, Component, and End-User Industry: Global Opportunity Analysis and Industry Forecast, 2021–2028,”

The global industrial floor coating market size was valued at $5.8 billion in 2020, and is projected to reach $9.4 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030. On the basis of resin type, the epoxy segment is expected to witness a growth rate of 5.2% from 2021 to 2030 and reach $4,441.8 million in 2030. Based on flooring material, the concrete segment was the highest contributor to the market, with $3,016.4 million in 2020, and is estimated to reach $4,960.3 million by 2030. The key players in the market are offering industrial floor coating solutions as per the strict regulations set forth by authorities such as the U.S. EPA (U.S. Environment Protection Agency) and the U.S. FDA (U.S. Food and Drug Administration). For instance, BASF SE based in Germany offers polyaspartic flooring systems that are low odor and VOC compliant as per the U.S. FDA standards. These factors are expected to propel the industrial floor coating market growth during the forecast period.

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Growth of the construction sector in residential and commercial sectors has led to a favorable market for industrial floor coating goods to fulfill the need for long-lasting industrial floors from a fast-increasing population. Furthermore, epoxy type floor coating prevents water from leaking into the flooring and causing damage by sealing it against moisture. In addition, it provides a mildew-resistant barrier. However, there are a number of issues with epoxy floors in houses, both during the installation and maintenance processes. Thus, key players in this market have expanded businesses to improve the production rate of epoxy type floor coating. For instance, in June 2021, Lubrizol Corporation moved its production unit to its new plant in Carlton, UK. This will allow the company to serve new and future customers who require epoxy floor coating.

Region-wise, the industrial floor coating market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor in 2020, which is expected to exhibit the highest CAGR from 2021 to 2030. This is attributed to the fact that emerging economies, such as India, China, Bangladesh, and others, in the region are witnessing increase in industrial development projects.

Moreover, rapid economic recovery significantly drives the industrial floor coating growth in this region.

The players operating in the global industrial floor coating have adopted product launch as their key developmental strategy to strengthen their foothold in the global market. For instance, in March 2020, Sika AG, a Swiss multinational specialty chemical company launched ComfortFloor Marble FX, a resin flooring system, which is available in different colors and artistic design. Similarly, in September 2020, the U.S.-based PPG Industries, Inc., a global supplier of paints, coatings, and specialty material, developed PPG flooring coatings, which is a coating system that include base coats, prime coats, & topcoats and offers optimum performance based on the specific work environment.

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The outbreak of COVID-19 has negatively impacted the industrial floor coating market, which is expected to hamper the growth of the market throughout the year. This has further affected the demand for epoxy and other flooring materials from developing countries, including India and China, thereby halting the production activities. In addition, disruption of supply chains is causing hindrance in production of industrial floor coating materials around the globe. All these factors together are anticipated to negatively impact the market growth.

Key companies profiled in the industrial floor coating report include BASF SE, Cipy Polyurethanes Pvt. Ltd., Cornerstone Flooring, Don Construction Products Ltd., Fosroc, Inc., MAPEI S.p.A., RPM International Inc., Sika AG, Twintec Group Limited, and VIACOR Polymer GmbH..

Key Findings Of The Study

The report provides an extensive analysis of the current and emerging industrial floor coating market trends and dynamics.
Depending on resin type, the epoxy segment dominated the industrial floor coating market, in terms of revenue in 2020.
By end-user industry, the others sector registered the highest revenue in 2020.
Asia-Pacific is projected to register the highest growth rate in the coming years.
The report provides an extensive analysis of the current trends and emerging industrial floor coating market opportunities.
In-depth industrial floor coating market analysis is conducted by constructing estimations for the key segments between 2020 and 2030.
The key players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand competitive outlook of the industrial floor coating industry.

https://www.globenewswire.com/news-release/2019/04/25/1809558/0/en/Smart-Bathrooms-Market-is-Expected-to-Grow-at-a-CAGR-of-10-7-from-2017-to-2023.html

https://www.globenewswire.com/news-release/2021/12/16/2353599/0/en/Europe-Interior-Doors-Market-Is-Expected-to-Reach-19-41-Billion-by-2030-Says-AMR.html

Thrombectomy Devices Market Expected to Reach $2.6 Billion by 2030 | CAGR of 7.4%

According to the report published by Allied Market Research, the global Thrombectomy Devices Market generated $1.3 billion in 2020, and is estimated to generate $2.6 billion by 2030, witnessing a CAGR of 7.4% from 2021 to 2030. The report offers a detailed analysis of changing market trends, value chain, top segments, key investment pockets, regional scenarios, and competitive landscape.

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COVID-19 Scenario –

The outbreak of Covid-19 negatively affected the global thrombectomy device market. The healthcare systems across the globe were severely hampered due to the Covid-19 pandemic and surgical procedures were also affected. This impacted the global thrombectomy device market.
Several clinics and hospitals have been restructured to boost hospital capacity for patients diagnosed with Covid-19. Imposed and prolonged lockdown, due to the Covid-19 outbreak has decreased the number of elective surgeries conducted around the world.

Rise in a sedentary and unhealthy lifestyle and high occurrence of deep vein thrombosis (DVT), peripheral artery disease (PAD), acute myocardial infarction (AMI), and pulmonary embolism (PE) drive the growth of the global thrombectomy devices market. In addition, increase in healthcare infrastructure, rise in the geriatric population, surge in demand for minimally-invasive treatments, the growth in competition among key players, and technological advancements & innovations drive the thrombectomy devices market trends. However, lack of skilled professionals and awareness regarding thrombectomy devices and the complicated use of thrombectomy devices hinder the market growth. On the other hand, increase in demand for thrombectomy devices and increase in the number of approval for thrombectomy devices present new opportunities in the new few years.

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High occurrence of acute myocardial infarction (AMI), peripheral artery disease (PAD), deep vein thrombosis (DVT), and pulmonary embolism (PE) and rise in sedentary and unhealthy lifestyle drives the thrombectomy devices market growth. In addition, rise in healthcare infrastructure, increase in demand for minimally-invasive treatments, surge in geriatric population, growth in competition among key players, and technological advancements & innovations drive the thrombectomy devices market trends. For instance, in September 2021, Abbott, a pharmaceutical company, announced the acquisition of maker walk vascular, which is the mechanical thrombectomy device. Walk vascular offers JETi peripheral systems that helps to remove intravascular clots called a thrombus, which may minimize blood flow and lead to serious complications for patients. Moreover, in June 2021, AngioDynamics, a medical technology company, announced the U.S. Food and Drug Administration (FDA) clearance for alphaVac mechanical thrombectomy system, which is an off-circuit, multi-purpose mechanical aspiration thrombectomy device. It is used for the non-surgical removal of thrombi or emboli from the vasculature. Thus, increase in number of approval for thrombectomy devices, and increase in demand for thrombectomy device, surge the growth of thrombectomy devices industry. Unavailability of trained professionals, lack of awareness about thrombectomy devices, and complicated use of thrombectomy devices hinder the growth of the thrombectomy devices market share.

Region-wise, North America dominated the thrombectomy device market in 2020, and is expected to be dominant during the forecast period, owing to growth in advanced health care facility, rise in prevalence of neurological disorder, increase in number of approvals for thrombectomy devices, surge in number of surgical procedures, and rise in presence of key players in thrombectomy devices industry. However, Asia-Pacific is expected to register highest CAGR of 8.8% from 2021 to 2030, owing to growth in patient population, increase in government insurance coverage in developing countries, increase in prevelnce of cardiovascular disesaes and rise in approvals of new innovative embolization and mechanical thrombectomy products.

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The COVID-19 outbreak negatively impacted the thrombectomy device market. The COVID-19 pandemic hampered healthcare systems across the globe. Surgical procedures are affected by COVID-19 pandemic. Several clinics and hospitals were restructured to increase hospital capacities for patients diagnosed with COVID-19. Implementation of lockdown, owing to COVID-19 outbreak declined the number of elective surgeries performed across the globe.

KEY FINDINGS OF THE STUDY

By technology, the mechanical thrombectomy device segment was the highest contributor to the market in 2020.
On the basis of type, the manual thrombectomy device segment dominated the market in 2020, and is expected to continue this trend during the forecast period.
On the basis of utility, the disposable thrombectomy device segment dominated the market in 2020, and is expected to continue this trend during the forecast period.
On the basis of application, neural disease segment dominated the market in 2020, and is expected to continue this trend during the forecast period.
Region-wise, North America garnered the largest revenue share in 2020. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

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

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Cosmetic Implants Market Development Trends & Competitive Analysis by Leading Industry Players | CAGR of 8.2%

Allied Market Research published a report, titled,”Cosmetic Implants Market by Product (Dental Implants, Breast Implants, Facial Implants, Other Implants), by Biomaterial (Polymers, Metals, Ceramics, Biomaterials): Global Opportunity Analysis and Industry Forecast, 2020-2030.” According to the report, the global cosmetic implants industry was estimated at $9.24 billion in 2020, and is anticipated to hit $20.54 billion by 2030, registering a CAGR of 8.2% from 2020 to 2030.

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COVID-19 Scenario –

Temporary closure of cosmetic hospitals and dental clinics in the majority of countries, especially, during the initial phase of the pandemic, impacted the global cosmetic implants market negatively.
Most of the scheduled cosmetic surgeries were either cancelled or postponed during the period. However, the market has already started recovering and is projected to get back on track soon.

Drivers, restraints, and opportunities-

Increase in prevalence of congenital facial deformities including cleft lip and cleft palate, technological advancements in cosmetic implants, and rise in number of product approvals by the U.S Food and Drug Administration (FDA) for cosmetic implant products drive the growth of the cosmetic implants market. On the other hand, high costs involved in the procedures impede the growth to some extent. However, new product launches in the global market are expected to create lucrative opportunities in the industry.

Increase in demand for minimally invasive repair surgeries, rise in number of road accidents & trauma cases, and surge in cases of congenital face and tooth deformities contribute to the growth of cosmetic implants industry. In addition, increase in geriatric population contributes surge the growth of cosmetic implants market analysis. Furthermore, geriatric population are prone to dental deformities. For instance, as per the Eurostat, in 2020, it was reported that more than 20.6 % of the Europe population aged 65 and above.

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The metals segment to lead the trail-

By biomaterial, the metals segment generated the highest share in 2020, holding more than one-third of the global cosmetic implants market. Increase in number of dental clinics and dental surgeries drive the segment growth. The biomaterials segment, on the other hand, is expected to cite the fastest CAGR of 9.3% from 2020 to 2030, due to rise in number of cosmetic surgeries across the globe.

North America to dominate by 2030 –

By region, North America contributed to the major market share in terms of revenue 2020, holding more than one-third of the global cosmetic implants market, owing to rise in number of road accidents, increase in presence of key players for development of cosmetic implants, and upsurge in well-established infrastructure across North America. The Asia-Pacific region, simultaneously, is projected to cite the fastest CAGR of 9.6% from 2020 to 2030. Increase in number of dental hospitals, rise in prevalence of congenital deformities, and surge in population base boost the market growth in the region.

Prominent market players –

3M
Danaher Corporation
POLYTECH Health and Aesthetics GmbH
Dentsply Sirona Inc.
GC Aesthetics PLC.
Institut Straumann AG.
AbbVie, Inc.
Sientra Inc.
Zimmer Holdings Inc

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Key Findings of Study
• On the basis of product, the dental implant segment was the highest contributor to the market in 2020.
• Depending on raw material, metal segment dominated the market in 2020
• Region wise, North America garnered the largest revenue share in 2020, whereas Asia is anticipated to grow at the highest CAGR during the forecast period.

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Renal Denervation Market Rising Trends, Growing Demand and Business Opportunities 2021-2030 | CAGR of 40.7%

The renal denervation market size was valued at $156,327.4 thousand in 2020, and is estimated to reach $4,555,983.0 thousand by 2030, growing at a CAGR of 40.7% from 2021 to 2030. Renal denervation is a type of irregular heartbeat characterized by rapid and irregular beating. Owing to the disorder, ventricles receive insufficient blood. Blood may clot and congest in the atria at the same time.These clots can enter the circulation and reach the brain causing stroke. The transmission of electrical impulses to the lower heart chambers is disrupted in renal denervation, which is expected to cause a rapid, slow, or irregular heartbeat. During renal denervation, upper chamber and lower chamber of the heart beat irregularly, chaotically, and out of sync, which can cause shortness of breath, chest pain, weakness, lightheadedness, or fainting.

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The market is expected to expand as the rise in prevalence and incidence of hypertension &blood pressure. Moreover, changing lifestyles and improvement in healthcare infrastructure in developing nations have fueled the renal denervation market growth. In addition, the renal denervation process is more cost efficient than other multi-drug therapy treatments.However, the market’s growth is hampered by the extensive approval process for renal denervation devices, as well as patient discomfort and anxiety during the treatment.

The renal denervation market is expected to witness a significant growth in the coming future. The renal denervation market has gained interest of the healthcare and medical sectors owing to increased prevalence of hypertension throughout the globe. Furthermore, availability of alternative and better technologies for renal denervation systems, such as micro-infusion, as well as expanding healthcare infrastructure in emerging nations are expected to promote market growth. For example, Mercator MedSystem’s renal denervation technology is based on micro-infusion. It distributes chemicals to a precise location to denervate the renal artery, which helps in lowering patient blood pressure.

Various market players have adopted strategies to expand its business and strengthen its market position. For instance, in 2019, Abbott Laboratories, manufacturer of medical devices and technologies has acquired St. Jude Medical to offer renal denervation systems for treatment of hypertension. It offers EnligHTN Renal Denervation, which enables latest efficiencies in treating hypertension. It also reduces systolic blood pressure in patient. As a result, key players have acquired other companies to offer renal denervation systems that fuel the market growth.

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Key Findings Of The Study

The report provides an extensive analysis of the current and emerging renal denervation market trends and dynamics.
Depending on product, the Enlightn segment dominated the renal denervation market, in terms of revenue in 2020 and the Vessix segment is projected to grow at a significant CAGR during the forecast period.
By technology, the radio frequency segment has registered highest renal denervation market share in 2020.
By end user, the hospitals segment has registered highest revenue in 2020.
Europe is projected to register highest growth rate in the coming years.
The key players within the renal denervation market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the renal denervation industry.
The report provides an extensive analysis of the current trends and emerging opportunities of the market.
In-depth renal denervation market analysis is conducted by estimations for the key segments between 2021 and 2030.

Table of Content:

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective

However, during the pandemic, various manufacturers in the renal denervation market had to stop their business in countries such as China, the U.S., and India. Thisbreak directly impacted sales of renal denervation companies. In addition, lack of manpower and raw materials also constricted supply of equipment of renal denervation that has negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of renal denervation companies.

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Electrical Steel Market Size,Top Companies, Future Scenario and Growth Forecast To 2027

The global electrical steel industry generated $15.0 billion in 2019, and is projected to generate $21.0 billion by 2027, portraying a CAGR of 5.8% from 2020 to 2027. Allied Market Research published a report, titled, “Electrical Steel Market by Type (Grain Oriented Electrical Steel and Non-Grain Oriented Electrical Steel) and Application (Transformers, Motors, Generators, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027.”

Prime determinants of growth

Surge in demand for energy generation & transmission applications and increase in renewable energy deployment fuel the growth of the global electrical steel market. However, variations in prices of raw materials restrain the market growth. Contrarily, increase in electrical vehicle utilization creates new opportunities in the next few years.

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Leading Market Players

Aperam
Baosteel Group Hu
ArcelorMittal
JFE Holdings, Inc.
Cleveland-Cliffs Inc.
Nippon Steel Corporation
POSCO
Tata Steel
Slovenian Steel Group
Voestalpine AG

Covid-19 Scenario

The manufacturing activities of electrical steel have been halted due to shortage of raw materials with disruption in supply chain. Moreover, lockdown by many governments led to stoppage in the operations of manufacturing factories.
Moreover, the demand for electrical steel declined significantly with a ban on installation activities of new transformers, motors, and others. Moreover, new investments in the projects have been frozen by investors.
The demand from the electric vehicle sector reduced significantly due to halt in manufacturing and maintenance activities during the lockdown. However, the demand is expected to get back on track during the post-lockdown period, as manufacturing activities begin with a minimal workforce.

The non-grain-oriented segment to maintain its lead position throughout the forecast period

By type, the non-grain-oriented segment held the highest market share, contributing to nearly two-thirds of the total share of the global electrical steel market in 2019, and is projected to maintain its lead position throughout the forecast period. This is due to its effectiveness in building efficient hybrid electric vehicles that provide enhanced driving range and outstanding performance. However, the grain-oriented segment is expected to register the highest CAGR of 6.0% from 2020 to 2027, owing to rise in demand of electrical transformers, upgrade of existing grid network, and increase in initiatives for smart grid development.

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The transformers segment to lead in terms of revenue throughout the forecast period

By application, the transformers segment held the largest share in 2019, accounting for nearly two-fifths of the global electrical steel market share, and is estimated to continue to lead in terms of revenue throughout the forecast period. This is due to various factors including penetration of renewables in developing nations, high rates of equipment replacement, and rise in energy demand from emerging economies. However, the motors segment would portray the highest CAGR of 6.4% from 2020 to 2027, owing to significant increase in demand for electric vehicles.

Asia-Pacific to offer lucrative opportunities, North America to grow steadily

Based on region, Asia-Pacific accounted for the highest market share in 2019, holding nearly two-thirds of total share of the global electrical steel market, and will maintain its dominance throughout the forecast period. Moreover, this region would register the highest CAGR of 6.0% from 2020 to 2027. This is due to rise in demand for energy from the industrial sector, presence of major players, and increase in prominence of electric vehicle in the region. However, North America is expected to register a steady growth with a CAGR of 5.3% during the forecast period.

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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.

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Silver Nanoparticles Market Growing at a CAGR of 15.6% | Size, Growth, Segments, Top Key Players and Forecast to 2030

The global silver nanoparticle industry was pegged at $1.8 billion in 2019, and is expected to hit $4.1 billion by 2027, registering a CAGR of 15.7% from 2020 to 2027. Allied Market Research published a report, titled, “Silver Nanoparticles Market by Synthesis Method (Wet Chemistry, Ion Implantation, and Biological Synthesis), Shape (Spheres, Platelets, Rods, Colloidal Silver Particles, and Others), and Application (Healthcare & Lifescience, Textile, Electronics & IT, Food & Beverages, Pharmaceuticals, Cosmetics, Water Treatment, and Others): Global Opportunity Analysis and Industry Forecast 2020-2027.”

Drivers, restraints, and opportunities-

Rise in demand for silver nanoparticles in the food & beverage, hospitality, electronics & IT, and textile sectors is expected to boost the growth of the global silver nanoparticles market. On the other hand, availability of substitutes impede the growth to some extent. However, increase in R&D activities for the use of the particles in more and more industry domains is expected to create lucrative opportunities for the key players in the industry.

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Frontrunners in the industry-

Ames Goldsmith Corporation
ANP Corporation
Meliorum Technologies, Inc.
BBI Solutions
Applied Nanotech
BASF
Cima NanoTech
American Elements
Cline Scientific Ab
NanoComposix

Covid-19 scenario-

Governments of various countries implemented lockdown, which led to shutdown of factories across the world, bringing forth a sharp decline in the production from electronic to textile.
At the same time, most companies had to deal with deficient sales and jolted supply chains.

The wet chemistry segment to lead the trail by 2027-

Based on synthesis method, the wet chemistry segment contributed to around half of the global silver nanoparticles market share in 2019 and is expected to rule the roost by 2027. The fact that desired shape and morphology is obtained by using the method of wet chemistry drives the segment growth. The biological synthesis segment, on the other hand, would manifest the fastest CAGR of 16.4% throughout the forecast period, owing to increase in awareness toward environmental pollution caused by chemical synthesis methods.

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The spheres segment to dominate during the estimated period-

Based on shape, the spheres segment accounted for around two-fifths of the global silver nanoparticles market revenue in 2019 and is anticipated to retain its dominance from 2020 to 2027, due to its adoption in numerous applications. At the same time, the colloidal silver particles segment would portray the fastest CAGR of 16.5% by the end of 2027. Rise in awareness of silver colloidal particles regarding nutritional benefits is the main factor driving the segment growth.

North America to rule the roost-

Based on geography, North America held the major market share in 2019, garnering around two-fifths of the global silver nanoparticles market. This is attributed to significant investments in research and developments activities in regards to silver nanoparticles. Simultaneously, Asia-Pacific would grow at the fastest CAGR of 16.2% from 2020-2027. This is due to development in sectors such as healthcare, pharmaceuticals, electronics and textiles.

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Armor Materials Market Trends, Growth Factors, Key Companies, Regional Outlook and Forecast To 2027

The global armor materials industry was pegged at $10.6 billion in 2019, and is expected to reach $15.7 billion by 2027, growing at a CAGR of 5.3% from 2020 to 2027. Allied Market Research recently published a report, titled, “Armor Materials Market by Material Type (Metals & Alloys, Ceramics, Composites, Para-Aramid Fibers, Ultra-high-molecular-weight Polyethylene (UHMWPE), Fiberglass, and Others) and Application (Vehicle, Aerospace, Body, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027”.

Major determinants of the market growth

Rise in application of lightweight materials, surge in number of warfare activities, and increase in concern from government over safety have boosted the growth of the global armor materials market. However, limited application of multi-layered composite material and high cost hamper the market. On the contrary, advancements in armor material plates are expected to create lucrative opportunities for the market players in the future.

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Major market players

China National Bluestar (Group) Co. Ltd.
Kermel
Guangdong Charming Co., Ltd.
BASF SE
Suzhou Zhaoda Specially Fiber Technical Co., Ltd.
JSC Kamenskvolokno
Tango Engineering Ltd.
YF International BV
Lydall Performance Materials Inc.
Polymer Technologies Pte. Ltd.

COVID-19 scenario:

Increased in warfare across the borders of India-China, the demand for armor materials has increased.
However, the shortage of labor, lack of raw materials, and disrupted supply chain hamper the manufacturing of armors.

The composites segment to manifest the highest CAGR through 2027

By material type, the composites segment to register the highest CAGR 6.7% during the forecast period, owing to growing preference of composite materials in mobile military equipment, such as tanks and large ships. However, the metal & alloys segment held the largest share in 2019, accounting for nearly two-fifths of the global armor material market, due to growing application of titanium and its alloys in military armor and vehicle.

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The vehicles segment dominated the market

By application, the vehicles segment held the largest share in 2019, contributing to around two-fifths of the global armor material market, owing to growing application of lightweight aluminum alloys in military vehicles such as personnel carriers. However, the body segment is expected to portray the highest CAGR of 6.5% during the forecast period, due to increase in application for Kevlar fabrics and Dyneema fabrics in armor vests.

North America held the lion’s share

By region, the market across North America held the largest share in 2019, accounting for more than half of the market, owing to the increasing demand for homeland security applications and development of advanced armor materials and systems for vehicles and aerospace. However, the global armor material market across Asia-Pacific is expected to manifest the highest CAGR of 6.8% during the forecast period, due to increasing warfare activities.

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Solar Charge Controller Market: Latest Advancements and Business Opportunities 2022-2031

Global the solar charge controller market is estimated to reach $3.4 billion by 2031, growing at a CAGR of 6.6% from 2022 to 2031. A solar charge controller or charge regulator is basically used in the solar energy systems to protect battery from overcharging by regulating the current or voltage produced through solar panels. Solar charge controllers are available with additional abilities, including lighting fixtures and load control. These controllers serve important purpose in energy systems that avoid damage to batteries in solar systems. Solar charge controllers are used as battery backup in grids, which might be linked to solar systems. In addition, these controllers are utilized to enhance the battery life in the systems. These regulators stop batteries from overcharging and help to protect them from voltage fluctuations. The solar charge controller widely finds its application in residential solar systems, industrial systems, in which solar panels are used to power operations, and in utility-scale solar projects.

Factors, including government initiatives and investment towards promotion of solar energy, growing development of off-grid electrical systems, and growing solar power installations are the key drivers of the solar charge controller market. The solar home systems segment is expected to grow progressively with the increase in power demand from residential consumers across the globe. It is further resulting in fast urbanization and spurring the demand for renewable power such as solar power. Furthermore, growing awareness concerning the benefits of solar power is expected to drive the solar charge controller market. MPPT is anticipated to witness high growth rate and is the most desired solar charge controller.

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Depending on type, the maximum power point tracking (MPPT) segment registered the highest solar charge controller market share of about 43.3% in 2021, and is expected to maintain its dominance during the forecast period. This is attributed to rise in deployment of solar power generation infrastructure across the globe.

In addition, MPPT solar charge controller extract maximum power from solar panels and high efficiency & performance of MPPT as compared to PWM solar charge controllers, thus are expected to drive the growth of the market during the forecast period.

By battery capacity, the 20A to 40A segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 7.1% during the solar charge controller market forecast period. This is attributed to rise in demand for solar charge controllers with current capacity 20A to 40A from off grid cabinets, homes, caravans, telecommunications, and remote solar power generation sites. In addition, rapid investment towards solar power generation is anticipated to fuel the growth of the solar charge controller market trends in the coming years.

On the basis of end user, the commercial segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 7.2% during the forecast period. This is attributed to rise in demand for solar charge controllers from commercial applications for power consumption in data centers, communication base stations, hospitals, restaurants, corporate offices, and others. In addition, the usage of solar energy applications in the commercial sectors is the quickest solution to fight energy deficit and thereby, fueling the demand for solar charge controllers during the forecast period.

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Region-wise, the market is analyzed across four major regions, namely, North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific garnered a dominant share in 2021, and is anticipated to maintain this dominance in the solar charge controller market during the forecast period. This is attributed to presence of key players and huge consumer base in the region. In addition, rapid growth of the off-grid power generation, rise in demand for power in remote operations, rise in awareness and R&D towards battery safety, and others are the key factors expected to drive the growth of the solar charge controller market in the Asia-Pacific region in the coming years.

The key players operating and profiled in the solar charge controller industry report include, Airkom Group, Schneider Electric, Sollatek, Wenzhou Xihe Electric Co., Ltd., Delta Electronics, Inc., KATEK Memmingen GmbH, Victron Energy, Sunforge LLC, Phocos, and Apollo Solar.

Other players operating in the value chain of the global solar charge controller market analysis are Easy Photovoltaic Pvt. Ltd., Outback Power Technologies, Xantrex Technologies, Genasun, Su-Kam Power Systems, Arise India, Beijing Epsolar Technology Co., Ltd, and others.

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Covid-19 Scenario

Lockdown imposed due to the outbreak of the COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries, which decreased the demand for solar power components including panels, batteries, controllers, and others.
In addition, halt in building and construction of solar energy power plants, owing to unavailability of workers and increase in demand–supply gap hampered the solar charge controller market growth during the pandemic period.
However, the solar charge controller market recovered soon in 2021, as the COVID-19 vaccination began in various economies across the globe, which improved the global economy.

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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.

Wood Vinegar Market Size, Statistics, Analysis, Application, and Region-Forecast, 2020–2027

Global Wood vinegar market is driven by improved crop yield and demand for personal care products with organic formulation. However, lack of sufficient awareness hinders the market growth. On the other hand, trend of organic farming present new opportunities in the next few years.

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According to the report published by Allied Market Research, the global wood vinegar market generated $4.5 million in 2019, and is expected to reach $6.4 million by 2027, portraying a CAGR of 7.0% from 2020 to 2027. The report provides detailed analysis of changing market dynamics, top segments, major investment pockets, regional landscape, and competitive scenario.

By pyrolysis method, the slow pyrolysis segment held more than two-thirds of the total market in 2019, and is estimated to maintain its leadership position during the forecast period. In addition, the segment is estimated to grow at the fastest CAGR of 7.1% from 2020 to 2027. The report also discusses the segments including fast pyrolysis and intermediate pyrolysis.

By application, the agriculture segment accounted for the largest market share in 2019, contributing to more than two-fifths of the global wood vinegar market, and is projected to maintain its dominance in terms of revenue throughout the forecast period. In addition, this segment is expected to witness the highest CAGR of 7.2% from 2020 to 2027. The research also analyzes the segments including animal feed, food, medicinal & consumer products, and others.

By region, Asia-Pacific accounted for the highest market share in 2019, holding nearly two-fifths of the total market share, and is expected to continue its lead status by 2027. Moreover, this region is estimated to portray the largest CAGR of 7.6% during the forecast period. The report also analyzes regions including North America, Europe, and LAMEA.

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Leading players of the global wood vinegar market discussed in the report include Applied Gaia Corporation, Tagrow CO., Ltd. (Tagrow), Ace (Singapore) Pte Ltd. (ACE), Shandong Toroyal Group (Toroyal Group), Sane Shell Carbon (SSC), Dongying Runyi Biological Technology Co., Ltd. (DRBT CO., Ltd.), New Life Agro (NL Agro), and Nettenergy BV, DOI & Co., Ltd.

Covid-19 Scenario:

Manufacturing activities have been stopped due to lockdown imposed by governments. However, supply chain has been disrupted. The prolonged lockdown lowered down the demand for wood vinegar.
However, the government bodies across the world have been helping industries by introducing some relaxations on restrictions and begin manufacturing again. With some relaxations in place, the market is expected to come back on track soon.
The report offers detailed segmentation of the global wood vinegar market based on pyrolysis method, application, and region.

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

Egypt Premix Plaster Market Size, Statistics, Analysis, Application, and Region-Forecast, 2020–2027

Allied Market Research published a new report, titled Egypt Premix Plaster Market by Binding Material (Cement, Lime, Gypsum, and Others) and End User (Residential, Commercial, and Industrial): Opportunity Analysis and Industry Forecast, 2020–2027” The report offers an extensive analysis key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The report offers key drivers that propel the growth in the global Egypt Premix Plaster Market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

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The research offers a detailed segmentation of the global Egypt Premix Plaster Market. Key segments analyzed in the research include binding material and end user. Extensive analysis of sales, revenue, growth rate, and market share of each binding material and end user for the historic period and the forecast period is offered with the help of tables.

The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include 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 devise strategies and create new opportunities to achieve exceptional results.

The research offers an extensive analysis of key players active in the global Egypt Premix Plaster industry. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research.

Leading market players analyzed in the report include Lafarge Egypt, Saint-Gobain Gyproc Egypt, United Paints and Chemicals Drymix S.A.E, CEMEX S.A.B. de C.V.,. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.

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Key Benefits:

The report provides a qualitative and quantitative analysis of the Egypt Premix Plaster Market trends, forecasts, and market size from 2019 to 2027 to determine new opportunities.
Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
Top impacting factors & major investment pockets are highlighted in the research.
The major countries in each region are analyzed and their revenue contribution is mentioned.
The market player positioning segment provides an understanding of the current position of the market players active in the Egypt Premix Plaster

Key offerings of the report:

Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

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