LogiTech Evolution: The Unstoppable Rise of Logistics Automation

According to a new report published by Allied Market Research, titled, “Logistics Automation Market,” ๐“๐ก๐ž ๐ฅ๐จ๐ ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐š๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ $49.7 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2020, ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $147.4 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2030, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐  ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 11.9% ๐Ÿ๐ซ๐จ๐ฆ 2021 ๐ญ๐จ 2030.

๐Š๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฅ๐จ๐ ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐š๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž Beumer Group GmbH & Co. KG, Daifuku Co., Ltd., Honeywell International Inc., Jungheinrich AG, KION Group AG, KNAPP AG, Mecalux, S.A., Murata Machinery, Ltd., SSI Schaefer Group, and TGW Logistics Group GmbH.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ-ย https://www.alliedmarketresearch.com/request-sample/5810

North America is expected to dominate the global logistics automation market owing to growth in e-commerce and adoption of automation solutions as a result of labor shortages in the region. Moreover, adoption of robots in the region has been observed, which is expected to create demand for automation solutions and in turn is anticipated to contribute in the growth of the market. For instance, in August 2021, Yandex Self-Driving Group partnered with Grubhub to operate delivery robots on college campuses in the U.S. Moreover, in 2020, Hyundai Motor Group acquired controlling interest in Boston Dynamics with the aim of advancing robotics and mobility.

Labor shortages are currently being faced across the globe, which in turn is creating the demand for warehouse automation. Moreover, companies in emerging countries such as China and India, are also adopting automation in warehouse to get ahead of labor shortage. For instance, in 2022, Cainiao Network Technology built the largest unmanned warehouse in Southeast Asia for Thai courier Flash Express. This unmanned warehouse can process 6,000 parcels a day and this can rise to 20,000 a day during peak season. Henceforth, greater demand for warehouse automation from emerging countries is the factor that will be creating new growth opportunities for logistics automation market during the forecast period.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ-ย https://www.alliedmarketresearch.com/logistics-automation-market/purchase-options

Based on organization size, the global logistics automation market is segregated into SME, and large enterprises. Large enterprises are utilizing automated material handling technology for several processes such as categorization and moving heavy items, or containers within warehouse. In addition, autonomous mobile robots are also being utilized to move materials from picking area to order packing area within the warehouse. For instance, in January 2022, DHL supply chain announced $15 million investment in robotics solutions from Boston Dynamics to further automate warehousing in North America. Boston Dynamics will equip DHL facilities with “Stretch”, which is a robot designed to automate unloading process in distribution centers.

The significant factors impacting the growth of the logistics automation market comprise improved efficiency & workforce safety, growth in e-commerce, adoption of industry 4.0 technologies, and advancements in robotics technologies. Moreover, factors such as high initial investment, are expected to be hampering the market growth. Furthermore, adoption of autonomous vehicles & drones, and greater demand for warehouse automation from emerging economies are expected to create new growth opportunities for the logistics automation market during the forecast period.

๐‚๐Ž๐•๐ˆ๐ƒ-19 ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The impact of the COVID-19 pandemic has resulted in workforce changes, temporary restriction on movement of goods, and adoption of automation solutions. The pandemic has resulted in supply-chain disruptions causing temporary restriction on movement of goods. In 2019, online shopping rose by 20% and then by 30% during lockdown. Rise in online sales compelled companies to restructure their warehouse to manage e-commerce logistics. At the same time, companies have also had to safeguard the health & safety of their employees working along the entire supply chain. In order to fulfill e-commerce demand, and adapt to new situation, several logistics companies introduced changes in their workforces, and opted for logistics automation.

However, with the removal of lockdown restrictions, several logistics companies have started to invest in industry 4.0 technologies in order to deal with labor shortages issue, and to fulfill rising demand from the e-commerce sector. Companies are adopting autonomous robots for automating the tasks within warehouse, and drones for last-mile delivery.

๐Œ๐š๐ค๐ž ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ -ย https://www.alliedmarketresearch.com/purchase-enquiry/5810

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ

By component, the software segment is anticipated to exhibit significant growth in the near future.
By application, the transportation management segment is anticipated to exhibit significant growth in the near future.
By organization size, the small and medium enterprises segment is anticipated to exhibit significant growth in the near future.
By end-use industry, the retail and e-commerce segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

David Correa
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Navigating the Waves: Advances in Marine Dynamic Positioning Systems

According to a new report published by Allied Market Research, titled, “Marine Dynamic Positioning System Market,” The marine dynamic positioning system market was valued at $5.6 billion in 2020, and is estimated to reach $17.6 billion by 2030, growing at a CAGR of 12.54% from 2021 to 2030.

Introduction of laser-based dynamic positioning systems, increase in development of autonomous ships, and technological advancements are factors expected to create new growth opportunities for marine dynamic positioning system market during the forecast period. However, factors such as complexity associated with the system and high maintenance costs are expected to hamper the market growth.

๐Š๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฆ๐š๐ซ๐ข๐ง๐ž ๐๐ฒ๐ง๐š๐ฆ๐ข๐œ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ข๐ง๐  ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž ABB Ltd., AB Volvo, General Electric Company, Kongsberg Gruppen ASA, L3Harris Technologies, Inc., Marine Technologies, LLC, Navis Engineering Oy, Praxis Automation Technology B.V., Reygar Ltd., and Wartsila Corporation.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ- https://www.alliedmarketresearch.com/request-sample/1832

Asia-Pacific is expected to dominate the global marine dynamic positioning system market owing to increase in seaborne trade in the region. Moreover, in countries such as India, the government is taking initiatives to promote maritime tourism, which in turn is expected to create demand for new ships to be equipped with latest technology. Thus, increasing the demand for dynamic positioning system. Advancements in offshore drilling technology, and greater deployment of offshore patrol vessels also contribute to the market growth in the region.

On the basis of subsystem, the marine dynamic positioning system industry is segmented into control system, power system, and thruster system. In 2020, the thruster system accounted for a major share. The thruster system is a vital component of a dynamic positioning system, and is responsible for maintaining the heading and position of the vessels by acting against the changes occurring underneath the water surface. These systems function by the means of thrust force and thrust direction.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/marine-dynamic-positioning-systems-market/purchase-options

On the basis of equipment class, the marine dynamic positioning system market is segregated into class 1, class 2, and class 3. Class 2 dynamic positioning system are utilized in several types of vessels, such as commercial vessels, including container ships, ferries, cruise, and cargo ships. The class 2 dynamic positioning system has redundancy, so that no single fault in active system can cause dynamic positioning system to fail.

The application segment has been divided into naval vessels, offshore vessels, and others. The naval vessels are are used in applications such as mine countermeasures, amphibious landing, submarine rescue, and pollution control. Installation of dynamic positioning system on these aid the vessel to gain accuracy, thereby enhancing security. Various advanced nations such as the U.S., China, and Japan use dynamically positioned vessels within their naval, coast guard, and auxiliary fleets.

On the basis of sales channel, the market is classified into original equipment manufacturer and retrofit. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

๐Œ๐š๐ค๐ž ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/1832

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ

By subsystem, the control system segment is anticipated to exhibit significant growth in the near future.
By equipment class, the class 3 segment is expected to register a significant growth during the forecast period.
By application, the naval vessel segment is expected to register a significant growth during the forecast period.
By sales channel, the original equipment manufacturer segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

David Correa
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Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
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Steady on the Road: A Deep Dive into Shock Absorbers

According to a recent report published by Allied Market Research, titled, “shock absorber market by type, sales channel, and vehicle type: global opportunity analysis and industry forecast, 2021-2030,” the global shock absorber market was valued at $12.52 billion in 2020, and is projected to reach $21.07 billion in 2030, registering a CAGR of 4.7%.

๐Š๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฌ๐ก๐จ๐œ๐ค ๐š๐›๐ฌ๐จ๐ซ๐›๐ž๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž Gabriel India Limited (Anand Group), Hitachi Astemo Ltd., KONI BV, KYB Corporation, Mando Corp., Marelli Holdings Co., Ltd, Meritor Inc, Tenneco Inc, Thyssenkrupp AG, and ZF Friedrichshafen AG

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ-ย https://www.alliedmarketresearch.com/request-sample/10510

Asia-Pacific dominates the market, in terms of revenue, followed by Europe, North America, and LAMEA. Asia-Pacific is expected to maintain its dominance in the global market as the region is one of the largest markets for the automobile industry and automotive components. Moreover, surge in demand for electric and hybrid vehicles propels growth of this market.

China dominated the global shock absorber market share in 2020 as China is the largest automotive industry in the world. Moreover, sales of automobiles in China is steadily expanding, owing to need for transportation solutions in China.

Prominent factors that drive growth of the shock absorber market include increase in demand for safety and comfort from customers and rise in demand for lightweight suspension. Countries such as China, India, and Brazil are growing economies. Thus, the vehicle manufacturing and automotive component manufacturing sector is witnessing prominent growth in these countries, which is expected to provide lucrative opportunities for growth of the shock absorber market in the region.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ-ย https://www.alliedmarketresearch.com/shock-absorber-market/purchase-options

Sales of shock absorbers is directly associated with automotive production and sales activities across the globe. COVID-19 crisis is causing uncertainty in the shock absorber market by delaying supply chains, hampering business growth and generating uncertain demand scenarios.

By type, the shock absorber market is segregated into twin tube, and mono tube. The twin tube accounted for the highest revenue in 2020, as twin tube is widely adopted across various vehicle types, owing to their cost-effectiveness.

๐‚๐Ž๐•๐ˆ๐ƒ-19 ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The COVID-19 impact on the shock absorber market is unpredictable, and is expected to remain in force for a few years.
The COVID-19 outbreak forced governments across the globe to implement stringent lockdown and ban import-export of essential raw material items for most of 2020, and few months in 2021. This led to sudden decline in availability of important raw materials for shock absorbers.
As a result of interrupted supply chains and production schedules caused by the COVID-19 pandemic, automotive production and sales suffered severely, which, in turn, negatively impacted the market for shock absorber.
To prevent spread of the COVID-19 virus, governments across the globe implemented strict lockdowns and made social distancing mandatory. Consequently, several organizations began work from home programs as precautionary measure. This led to a sudden decline in global demand for automobiles

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ

โœฆ By type, the mono tube segment is expected to register a significant growth during the forecast period.
โœฆ By sales channel, the aftermarket segment is projected to lead the global shock absorber market.
โœฆ By vehicle type, the commercial vehicle segment is projected to lead the global shock absorber market
โœฆ Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

David Correa
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Corporation Trust Center,
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Delaware 19801 USA.
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+1-800-792-5285
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Sunflower Oilย Market Business Opportunity And Future Growth Analysis Report 2032

Sunflower oil is used to cure a variety of ailments as well as chemical compositions. The food industry is also experiencing a lot of demand for frying oil. Due to high demand from food producers, the global market for sunflower oil is predicted to rise steadily. The worldwide sunflower oil market will benefit from the expansion of online platforms and franchise shops. Europe will continue to be the world’s largest market for processed sunflower oil.

Avail the inside scoop of the Sample report: https://www.alliedmarketresearch.com/request-toc-and-sample/15486

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

  • The sunflower oil market is driven by factors such as the use of sunflower oil for frying bakery and confectionery products, as well as for preparing food. Sunflower oil is in high demand since it is beneficial for the heart, skin, and keeps bad cholesterol in check, which is fueling the sunflower oil industry.
  • Sunflower oil is also used to make cosmetic treatments that protect, moisturize, and help skin heal from bruises and other skin issues.
  •  Sunflower oil is utilized in the creation of active component carriers as well as creams and gels for quick absorption in pharmaceuticals, and its demand is predicted to rise internationally. These factors are expected to fuel the growth of the global sunflower oil market during the forecast period.

Key Market Players

Oliyar Production Company, PPB Group Berhad, Mcjerry sunfloweroil, Marico, Colorado Mills, ConAgra Foods, Inc, Cargill Incorporated, Rein Oil CC, Archer Daniels Midland Company, CHS Inc., Delizio

Have questions regarding this Report? You can consult with an expert at: https://www.alliedmarketresearch.com/purchase-enquiry/15486

Key Benefits of the Report:

  • This study presents the analytical depiction of the sunflower oil market industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the sunflower oil market share.
  • The current market is quantitatively analyzed to highlight the sunflower oil market growth scenario.
  • Porterโ€™s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed sunflower oil market analysis based on competitive intensity and how the competition will take shape in coming years

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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.

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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Beyond the Horizon: Satellite Payloads Unveiled by Airbus SE, The Boeing Company, Honeywell, Intelsat S.A., Lockheed Martin Corporation

According to a recent report published by Allied Market Research, titled, “Satellite Payload Market by Payload Type, Orbit Type, Vehicle Type, Payload Weight, Frequency Band, and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030,” the global satellite payload market was valued at $8.21 billion in 2020, and is projected to reach $17.60 billion by 2030, registering a CAGR of 8.3% from 2021 to 2030.

Modern communication payload is being designed to offer high data throughput systems, ultra-low jitter clocking solutions, and highly integrated point-of-load (POL) solutions to reduce overall board size. The adoption of photonics, laser-based and optical technologies has increased in the recent years for data transmission. Laser based technologies offer advantages such as greater security, reduced interference to space signals, higher speed, and superior accuracy over traditional radiofrequency (RF) technique.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ-ย https://www.alliedmarketresearch.com/request-sample/3098

Key players operating in the global satellite payload market include Airbus SE, The Boeing Company, Honeywell International Inc., Intelsat S.A., Lockheed Martin Corporation, Mitsubishi Electric Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Thales Group, and Viasat, Inc.

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ

By payload type, the communication segment is anticipated to exhibit significant growth in the near future.
By orbit type, the LEO segment is expected to register a significant growth during the forecast period.
By vehicle type, the small vehicle segment is anticipated to exhibit significant growth in the near future.
By payload weight, the high weight segment is anticipated to exhibit significant growth in the near future.
By frequency band, the VHF and UHF segment is anticipated to exhibit significant growth in the near future.
By application, the remote sensing segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

North America leads the market in terms of revenue, followed by Asia-Pacific, Europe, and LAMEA. The satellite payload market has strengthened in North America due to the growth in telecommunication, navigation, and surveillance applications. Government and military organizations are using satellite imaging for mapping, military reconnaissance, disaster management, and others. The increasing number of terrorist attacks and natural disasters, along with growing requirement for communication of sensitive information in such situations has increased the adoption of satellite payload. In 2020, the U.S. led the global satellite payload market share, and this trend is expected to continue during the forecast period.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ-ย https://www.alliedmarketresearch.com/satellite-payloads-market/purchase-options

Based on orbit type, the satellite payload market is segregated into LEO, MEO, and GEO. In 2020, the LEO orbit segment dominated the market, owing to opportunities such as technological advancements, and growth in public sector funding. Evolution of Internet of Things (IOT), growth in commercial applications, and greater demand from the defense sector is expected to accelerate this growth. Increased adoption of wireless technologies, advanced motion & temperature sensors, high precision cameras, and others is expected to supplement the market growth. In addition, advancements in data transmission capability, improvement in geospatial processing, and scalability of cloud-based platforms to provide satellite imagery are expected to provide lucrative opportunities in the near future.

The significant factors impacting the growth of the satellite payload market include increase in adoption of small satellites, and greater use of satellite payload in commercial applications. Furthermore, growth in demand from the defense sector, and technological advancements associated with satellite payload are expected to drive the market growth. Moreover, greater concerns regarding space debris, and stringent government regulations associated with satellite launch hinder the market growth. Growing adoption of satellite constellation, and rising investment by government and research organizations for satellite advancement are expected to offer growth opportunities during the forecast period.

๐‚๐Ž๐•๐ˆ๐ƒ-19 ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The COVID-19 crisis has created uncertainty in the market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. Governments of different regions have already announced total lockdown and temporary shutdown of industries, thereby adversely affecting the overall production and sales.

The impact of the COVID-19 pandemic has resulted in delayed development and launches of satellite payloads and launching vehicles, slowdown in the operation of the key players, and shortage of components. The satellite launch services and satellite manufacturing has also been impacted by computer chip shortage, due to manufacturing shutdowns in China, South Korea and Taiwan. The limited chip supplies caused SpaceX to delay the development of a new user terminal for its Starlink satellite broadband system.

๐Œ๐š๐ค๐ž ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ -ย https://www.alliedmarketresearch.com/purchase-enquiry/3098

The pandemic has caused delays in development of several projects. The launch is expected to be delayed due to shortages of microchips and other electronic components.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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Lipstick Market Predicted to Growing At a CAGR of 5.5% and Expected to be Worth $12.5 Billion by 2026

According to a new report published by Allied Market Research, titled, “Lipstick Market” by Product Type, Form, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,”. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฅ๐ข๐ฉ๐ฌ๐ญ๐ข๐œ๐ค ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ $๐Ÿ–.๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ– ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $๐Ÿ๐Ÿ.๐Ÿ“ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”, ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ“.๐Ÿ“% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”.

๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/6237

Lipstick is a beauty product that adorns the lips by changing natural color of the lip. The major ingredients that lipsticks are used to make lipsticks includes wax, alcohol, pigments, oil, and emollient that provides texture, and protection to lips. There are different shades & colors of lipstick such as red, pink, nude, peach, brown, maroon, and others available in the market that are compatible for different skin tones and lip shapes. Thus, offering consumers with variety of color options and allowing them to experiment with new colors.

In addition, there are different types of lipsticks including matte lipstick, glossy lipstick, stain lipstick, and others and have specific purposes such as moisturizing and longwearing are available in the market. Thus, this fact is driving the growth of the lipstick market. In addition, the expansion of distribution channels such as online stores, supermarkets, hypermarkets, and others has made these lipsticks easily accessible to the consumers, which in turn contributes toward the lipstick market growth.

Upsurge in demand for natural, herbal, and organic lipsticks is anticipated to boost the growth of lipstick market in the upcoming years. This is attributable to rise in consumer awareness regarding the ill effects of harmful ingredients used in lipsticks, which lead to irritation, itching, and drying of lips. Thus, this fact has driven consumers toward the use of natural, herbal, and organic lipsticks. Moreover, lipstick manufacturers are now indulged in launching natural, organic, and herbal lipsticks to meet the rise in customer demands, which propels the growth of the lipstick market. For instance, Lotus Herbals manufactures beauty products including lipsticks that are made from natural ingredients and does not contain any synthetic and chemical based ingredients in it.

๐…๐‹๐€๐’๐‡ ๐’๐€๐‹๐„ ๐“๐ข๐ฅ๐ฅ ๐Ÿ‘๐ŸŽ ๐€๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ – Get Customized and Complete Report: https://www.alliedmarketresearch.com/checkout-final/ef777ff4bd718e2ca9fbecfaebb247d7

The matte lipstick segment is anticipated to garner highest the lipstick market share during the forecast period. This is attributed to the fact that consumers, mostly working women nowadays look for lipsticks, which can sustain and last longer throughout their busy days and prevent reapplying lipstick; thus, saving their time. Matte lipsticks tend to stay throughout the day over traditional lipsticks. This factor is expected to boost the lipstick market trends.

The global lipstick market analysis is segmented on the basis of product type, form, distribution channel, and region. Depending on product type, the lipstick market is classified into matte, glossy, lip powder, and others. By form, the market is classified into liquid, stick, and palettes. By distribution channel, it is fragmented into supermarkets/hypermarkets, specialty stores, and online stores. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players for lipstick industry profiled in the report include L’Orรฉal S.A, Shiseido Company Limited, Revlon Inc., Coty, Estรฉe Lauder Companies Inc., Christian Dior SE, Unilever, Guerlain, Inglot Sp. Z. O. O., and Relouis.

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐  ๐จ๐Ÿ ๐“๐ก๐ž ๐‹๐ข๐ฉ๐ฌ๐ญ๐ข๐œ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ:

โ—‹ By product type, the matte lipstick segment accounted for the highest lipstick market share in 2018, growing at a CAGR of 4.7% from 2019 to 2026.
โ—‹ By form, the stick form of lipstick segment accounted for the highest market share in 2018, growing at a CAGR of 4.9% from 2019 to 2026.
โ—‹ Depending on distribution channel, the supermarket/hypermarket segment occupied the maximum share in market in 2018, and is expected to dominate the market forecast.
โ—‹ By region, Europe accounted for about 36.6% in 2018 of the market, and is expected to grow at a CAGR of 5.0%.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/6237

๐‘๐ž๐š๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐›๐ฎ๐ฒ ๐‹๐ข๐ฉ๐ฌ๐ญ๐ข๐œ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โ—‹ Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
โ—‹ Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
โ—‹ Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
โ—‹ Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.
โ—‹ Classify potential new clients or partners in the target demographic.
โ—‹ Develop tactical initiatives by understanding the focus areas of leading companies.
โ—‹ Report will be updated with the latest data and delivered to you within 2-4 working days of order.
โ—‹ Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
โ—‹ Create regional and country strategies on the basis of local data and analysis.


๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  “๐€๐Œ๐‘ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ—‹ Lip Powder Market Size, Opportunities and Forecast Assessment, 2021-2030
โ—‹ Lip Care Market Growth Opportunities In Global Industry By 2022-2029
โ—‹ Luxury Cosmetics Market is expected to garner $81,247.6 million by 2026
โ—‹ Face Wash Market by Manufacturer, Region, Type and Application Forecast to 2026
โ—‹ Cosmetics Face Serum Market Size, Share, Growth, Trends and Forecasts 2021-2030
โ—‹ Rose Oil Market Growth Opportunities In Global Industry By 2027

About Us: 

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

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 

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Exploring the Environmental Benefits of Synthetic Fuel Market

The synthetic fuel market was valued at $3.9 billion in 2021, and is estimated to reach $22.5 billion by 2031, growing at a CAGR of 19.7% from 2022 to 2031.

Synthetic fuel, also known as synfuel, is a type of fuel that is produced from non-petroleum sources such as coal, natural gas, or biomass through a chemical process.

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The key players operating in the synthetic fuel industry are Sasol, Indian Oil Corporation, Shell Plc, Exxon Mobil Corporation, Reliance, Robert Bosch GmbH, Air Liquide, PetroChina, Phillips 66, And SG Preston Company.

The goal of producing synthetic fuel is to reduce the dependency on traditional fossil fuels and mitigate their environmental impact. Synfuels can be produced using a variety of processes, including gasification, liquefaction, and Fischer-Tropsch synthesis. While synthetic fuel can have similar properties to traditional petroleum-based fuels, the production process can be energy-intensive and costly. However, ongoing research and development in this field are focused on improving the efficiency and reducing the cost of producing synthetic fuel.

North America dominated the synthetic fuel market and is expected to grow at a CAGR of 19.9% during the forecast period.

The synthetic fuel market is gaining momentum over the last few years. This can be attributed to continuous efforts made to achieve a carbon-neutral economy.

The benefits of synthetic fuels such as reduced carbon emissions and sustainable fuel economy are the major driving factors for the industry growth.

By application, the market is segmented into gasoline, diesel, and kerosene. Synthetic diesel is made from feedstocks that contain carbon. Synthetic diesel has high cetane content and little to no sulfur. This means it has particularly good properties which can be used to improve engine performance.

Due to their exposure to bacteria, the hydrocarbons in the heavy oils are broken down, which is why they are in different physical forms. The synthetic fuel produced from extra heavy oils is termed Syncrude which needs further refining to be able to use commercially.

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The synthetic fuel market growth was led by Germany and the UK in the Europe. This was owed to the presence of significant industry players investing thoroughly in the technologies to develop synthetic fuel.

By raw material, natural gas is projected to grow at the highest CAGR of approximately 20.0%, in terms of during the synthetic fuel market forecast period.

Corn stover, softwoods, hardwood, switchgrass, and miscanthus are feedstocks used for synthetic fuel production. The combustion of these feedstocks produces carbon dioxide which is captured for further use in the production process of synthetic fuels.

The region is witnessing an energy transition away from fossil fuels at a relatively higher rate and thus synthetic fuel production is being boosted by government and industry players.

The impact of the Russo-Ukrainian war has also led the European Union to diversify its primary energy mix away from fossil fuels and thus act as a driving force for the Europe synthetic fuel industry growth.

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The availability of alternative fuels and the higher cost of synthetic fuels discourage the overall synthetic fuel industry growth.

About Us

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

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

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Clothing Iron Market | in Global Industry: Demands, Insights, Research and Forecast 2023-2031 -AMR.


Clothes iron is an electronic appliance used to iron clothes. The clothes iron get heated and pressed on clothes to remove wrinkle and crease from clothes. Many different types of clothes iron are available in market such as dry iron, steam iron, and garment steamer that perform different functions. Garment steamers are used to remove wrinkles instantly with help of high temperature steam and steam irons produce steam and make ironing process faster and simple. Clothes iron marker has shown a significant growth in last few years as it has secured wide range of domestic consumers of irons. Rise in use of clothes iron for commercial purposes and innovation in clothes iron is a major factor in growth of global clothes iron market.

COVID-19 Impact Analysis    

  • During COVID-19, globally many industries were suffering from economic crises; spread of COVID-19 virus has led to great devastating effect on global clothing iron market.  
  • To control spread of corona virus diseases, nation-wide lockdown was imposed by government resulted in huge disruption in supply chain of raw material and looming of production cycle of globalclothing iron. Restraints were imposed by government on several brand stores and sports equipment that led to great hampering in demand of clothing iron market. 
  • E-commerce has played prominent role in uplifting supply chain of clothing iron as it helps to cover wider range and cater demands of customer. Customers are  started shifting to online shopping method and hesitating and avoiding to going for instore purchases to control spread of corona virus diseases.

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Top Impacting Factors-

  • Clothes iron is majorly used in house sector to iron damp clothes, clothes iron have become essential equipments in routine life as it helps people to iron their clothes on urgent basis. With the changing life style of people, they have become more conscious about their dressing sense   and started dressing them self in a proper manner. Clothes iron helps to unshrink their clothes and offers better or fresh looks to clothes, ironing of clothes help to protect clothes from wear & tear and increase durability of clothes. Rise in use of iron clothes among house hold sector is a key factor in growth of global clothes iron market.
  • Now a dayโ€™s life of people becomes hectic and they are busy with their routine work life schedules, they don’t have time of irroning their clothes by their own. Many local vendors have grabbed these opportunity and started providing clothes ironing services; these helped working class peoples to make their life easy. Clothes iron services have become profitable business, they offers professional clothes ironing service and offer more aesthetic appearance to clothes.They offers pickup of damp clothes and drop up facilities of ironed clothes to their premium customers and charging extra levy for it.Clothes ironing service offers various types service steamed and fast iron services, sometime clients are in hurry and getting late for offices or other occasions. Steam iron help to remove wrinkle and shrinkage and makes clothes ironing fast that helps service provider to offer fast delivery of ironed clothes. Rise in use of clothes iron for commercial purposes is a key driver in growth of global clothes iron market.
  • Key players have introduced new and innovated iron equipment such as iron steamers, these iron steamers comers with large and removable water. Steamer clothes iron offers guarantee of no burning of clothes as well it helps to kill bacteria and remove odour from clothes. They have added some essential feature is steamer clothes iron such as 5 different setting for different fabric and height adjustable poles that helps in proper hanging and handling of clothes. These steamers are applicable for household purposes and make clothes ironing process easy and fast. Innovation in clothes iron is prominent factor in growth of global clothes iron market

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Market Trends-

Surge in Use of Clothes Iron and Launch of Iron Board. 

  • Ironing of clothes by sitting somewhere is hectic thing as sitting and Ironing of clothes for long time led to back pain and make ironing process difficult. Key players have introduced new portable iron boards that offers proper surface for ironing of clothes and helps in proper handling of clothes. Key players have introduced adjustable and trouser iron clothes, adjustable iron boards helps to adjust height of iron board according to individuals requirements and trouser iron clothes are especially designed for ironing and handling of trousers. Surge in use of clothes iron and launching of different iron board to offer proper ironing surface is key trend in growth of global clothes iron market.

Rise in Number of Nuclear Families 

  • In last few years, there is significant rise in number of nuclear family, as many people and bachelor are shifting from their native and hometown to other cities for job or other educational purpose. Nuclear families generally have less number of clothes than joint families, so people are adopting clothes iron for ironing of clothes by their own, as it is cost effective and helps to enhance appearance of clothes. Rise in number of nuclear families is prime factor in growth of global clothes iron market.

Key Benefits of Report-

  • This study presents the analytical depiction of the clothing iron Industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of theclothing iron marketshare.
  • The current market is quantitatively analysed to highlight clothing iron market growth scenario.
  • Porterโ€™s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides detailed clothing iron market analysis based on competitive intensity and how the competition will take shape in coming years.

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Questions Answered in the Report โ€“

  • Which are the leading players active in the clothing iron market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What is the clothing iron market prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the current trends and predicted trends?

SIMILAR REPORTS:-

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The Future of the Dry Natural Gas Market: Emerging Opportunities and Challenges

The dry natural gas market was valued at $650.90 billion in 2021, and is estimated to reach $1390.4 billion by 2031, growing at a CAGR of 7.7% from 2022 to 2031.

Dry natural gas, also known simply as “dry gas,” refers to natural gas that consists predominantly of methane (CH4) and contains minimal amounts of other hydrocarbons, such as ethane, propane, butane, and pentane. Dry natural gas is essentially methane-rich gas that has been processed to remove or separate the heavier hydrocarbons and impurities, leaving behind a high concentration of methane. It’s the most common type of natural gas found in many natural gas reservoirs and is the type of gas commonly used for heating, electricity generation, industrial processes, and residential consumption.

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Dry natural gas is produced from underground reservoirs and is typically transported through pipelines to processing facilities where impurities are removed before it is distributed to consumers for various uses such as heating, cooking, and electricity generation.

Dry natural gas is a type of natural gas that is primarily composed of methane and does not contain significant amounts of other hydrocarbons or impurities such as water vapor, carbon dioxide, or hydrogen sulfide.

The major companies profiled in this report include Coterra Energy, China National Petroleum Corporation, Lukoil, EQT Corporation, ExxonMobil, Chevron, Shell, TotalEnergies, Rosneft and Southwestern Energy.

Dry natural gas is also considered a relatively clean-burning fossil fuel and has become increasingly important as a source of energy in recent years due to its abundance, lower emissions compared to coal and oil, and flexibility for use in a variety of applications.

North America is expected to exhibit CAGR of 8.1% during 2021-2031.

By source, onshore is expected to exhibit CAGR of 7.9% during 2021-2031.

By end use, transportation had the largest market share in 2021.

Rise in preference for cleaner energy sources is the key growth factor for the global dry natural gas market. In addition, the increase in demand for carbon emissions reduction is expected to fuel the dry natural gas market growth.

Government initiatives and measures such as subsidies bolster the market expansion. Moreover, factors such as improved economic conditions and rapid urbanization in leading economies propel the natural gas market.

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Rise in natural gas demand in nations such as India and Japan, Asia-Pacific is anticipated to offer profitable growth prospects for the dry natural gas market in the future.

Electric power, residential, commercial, petrochemical industry, and pharmaceuticals are major end users of natural gas across the globe.

The characteristics of natural gas such as clean burning, versatility, affordability, and good efficiency make it unique from other fossil fuels.

Natural gas can be utilized in different ways, such as for producing electricity, the running of manufacturing plants, as a feedstock for a wide range of products, for heating and cooling, and as transportation fuel.

The dry natural gas market size is driven by a rise in demand from the residential and commercial sectors. It is used for cooling and heating in household.

Developing electric power industry in North America region with increase in demand for electricity in U.S. is expected to drive the global natural gas market growth during the forecast period.

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It is used as a fuel in boilers and furnaces in several manufacturing industries such as chemical, petrochemical, refineries, and others.

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

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

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Polyester Fiber Market size to expand $160.1 Billion by 2032ย 

According to the report by Allied Market Research, the global polyester fiber market generated $81.1 billion in 2022, and is anticipated to generate $160.1 billion by 2032, witnessing a CAGR of 7.1% from 2023 to 2032. The global polyester fiber market is driven by the rising demand for polyester fiber from textile and home furnishing industries coupled with rapid development of the automotive industry. However, as the raw materials used to produce polyester fibers are derived from crude oil, the fluctuating price of crude oil is hindering the growth of the global polyester fiber industry. Nevertheless, the rise in demand for recyclable polyester fiber is expected to offer lucrative opportunities for market growth in the coming years.

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Based on form, the solid segment accounted for the largest share in 2022, contributing to nearly three-fourths of the global polyester fiber market revenue, and is projected to maintain its lead position during the forecast period. The same segment is projected to grow at a CAGR of 7.2% from 2023 to 2032. Solid polyester fiber is gaining popularity in swimwear, sports gear, and fashion apparel owing to its exceptional stain-resistant and wrinkle-resistant properties. In addition, it is highly resistant to general wear and tear and durable unlike numerous other natural fibers.

Moreover, it is moisture-resistant, which makes it ideal for repelling rain and other forms of precipitation, and hence, is commonly used in outdoor clothing and outdoor apparel. Furthermore, presently, recycled solid polyester fiber is gaining high traction in the market as it is environmentally friendly. Hence, it is one of the major products used for filling materials in sofas, pillows, and toys. The fiber offers more firmness and provides superior resilience for pillows, cushions, and sofas.

Based on grade, the polyethylene terephthalate (PET) polyester segment accounted for the largest share in 2022, contributing to more than four-fifths of the global polyester fiber market revenue, and is projected to maintain its lead position during the forecast period. The same segment is projected to grow at a CAGR of 7.2% from 2023 to 2032. Rise in demand for PET in fabrication of packaging materials for food products, including fruit and beverages containers, which acts as a key driving factor of the segment. In addition, multiple benefits associated with PET such as high strength, stiffness, ductility, and hardness make it applicable in a wide range of industries, which, in turn, drives the market growth.

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Based on product type, the Polyester Filament Yarn (PFY) segment held the highest market share in 2022, accounting for more than two-thirds of the global polyester fiber market revenue and is estimated to maintain its leadership status throughout the forecast period. The same segment is projected to grow at a CAGR of 7.2% from 2023 to 2032. PFY is utilized in knitting & weaving to produce polyester fabrics such as consumer fabrics and home furnishings, including curtains, bedspreads, bed sheets, and draperies. PFY is a highly demanded yarn in the global market produced from polyethylene terephthalate polyester. These yarns are widely employed in modern fiber manufacturing industries. Moreover, high tenacity PFY is used for producing light fabrics such as voile and organdie; regular tenacity PFY is used to produce lingerie; and low tenacity PFY is employed to make shirts & blouses.

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for more than four-fifths of the global polyester fiber market revenue and is likely to dominate the market during the forecast period. The same region is projected to grow at a CAGR of 7.2% from 2023 to 2032. The apparel industry in Asia-Pacific is experiencing notable growth due to exponential surge in population, rapid urbanization, and rise in disposable income. Thus, polyester fiber is widely used in the production of t-shirts, dresses, and sportswear. Furthermore, home textiles such as curtains, bed sheets, and upholstery use polyester fiber due to its durability, wrinkle resistance, and low cost, which fuels its demand across the region, thereby strengthening the growth of the market.

Leading Market Players: –

TORAY INDUSTRIES, INC.
BARNET
STEIN FIBERS, LTD.
MARKISCHE FASER GMBH
SARLA PERFORMANCE FIBERS LIMITED
NAN YA PLASTICS CORPORATION
RELIANCE INDUSTRIES LIMITED
INDORAMA VENTURES PUBLIC COMPANY LIMITED
POLYFIBRE INDUSTRIES
NIRMAL FIBRES (P) LTD

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By Application: –

Automotive
Home Furnishing
Textile
Filtration
Construction
Others

The report provides a detailed analysis of these key players in the global polyester fiber market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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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.