Butadiene Market Leading Global Companies and Regional Average Pricing Analysis by 2029

Butadiene or 1,3-butadiene is a highly reactive gas that is colorless and noncorrosive with a mild aromatic or gasoline-like odor at room temperature and pressure. It is produced as a by-product from ethylene & propylene manufacturing units and primarily used as a monomer for production of synthetic rubbers and plastics. It can be used as a chemical intermediate, if utilized in little amount. The resultant rubbers or plastics further find applications in automobiles, construction materials, appliance parts, computers & telecommunication equipment, protective clothing, packaging, and household articles. Butadiene-based polymers exhibit improved functionality, performance, and safety at lower costs. Derivatives of butadiene include styrene-butadiene rubber (SBR), polybutadiene rubber (PBR), acrylonitrile butadiene styrene resins (ABS), styrene butadiene latex (SB Latex), adiponitrile, nitrile rubber (NR), and others.

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Currently, Asia-Pacific is the largest market for butadiene & its derivatives and China is the leading consumer of the chemical. The butadiene market is expected to register substantial growth in India & China during the forecast period, attributed to increase in population, developing economies, and favorable investment policies by government to promote industrial growth. Increase in use of synthetic rubbers and polymers in various end-use industries drive the demand for butadiene. However, factors such as carcinogenic nature of butadiene and different acute & chronic harms caused by its fumes may restrain the market. Strict regulations imposed by government also restricts the growth.  

The report segments the butadiene market on the basis of applications and geography. On the basis of application, the market is divided into SBR, PBR, acrylonitrile butadiene styrene, SB latex, nitrile rubber, adiponitrile, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Recent development in this market includes production of bio-butadiene at pilot scale and bio-rubber by Versalis and Genomatica in February, 2016. INVISTA and LanzaTech also signed joint development agreement for bio-based butadiene, which expected commercialization in 2016.

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Comprehensive competitive analysis and profiles of major market players such as BASF SE, Braskem S.A., China Petroleum & Chemical Corporation, Eni S.P.A., Evonik Industries AG, Exxonmobil Chemical Company, Formosa Plastics Group, Ineos Group AG, JSR Corporation, and Lanxess AG are also provided in this report.

KEY BENEFITS FOR STAKEHOLDERS:

  • This report provides an extensive analysis of the current and emerging market trends & dynamics in the global butadiene market.
  • In-depth analysis is conducted by constructing market estimations for the key market segments between 2014 and 2022.
  • Geographically, the butadiene market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA. It also includes country analysis of major countries in each geographic region.
  • This study evaluates competitive landscape and value chain to interpret the competitive environment across the geographies.
  • Comprehensive analysis of factors that drive and restrict the growth of the global butadiene market is provided.
  • Exhaustive analysis of the global butadiene market by application predicts the major derivative used currently along with the ones that would gain prominence in the future.
  • Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the framework.

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

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Fitness Equipment Market is projected reach $14.8 billion by 2028, registering a CAGR of 3.3% from 2021 to 2028

According to a new report published by Allied Market Research, titled, “Fitness Equipment Market by Type and End User: Opportunity Analysis and Industry Forecast, 2021–2028,” the Fitness Equipment market was valued at $11.6 billion in 2020, and is projected reach $14.8 billion by 2028, registering a CAGR of 3.3% from 2021 to 2028.

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Fitness equipment are widely used for physical fitness, weight management, and improving body stamina & muscular strength. The commonly used fitness equipment are treadmills, stationary bicycles, stair climbers, and weightlifting machines. Rise in awareness regarding health & fitness, increase in obese population, government initiatives to promote healthy lifestyle, and increase in youth population are the major factors that drive the growth of the global fitness equipment market size. However, counterfeiting of fitness equipment is a key restraining factor of the market. On the contrary, upsurge in youth population, improved lifestyle, and rise in disposable income of individual in developing countries are anticipated to offer immense opportunities for the market players.

Key Market Players

  • ANTA SPORTS PRODUCTS LIMITED
  • CORE HEALTH & FITNESS, LLC
  • ICON HEALTH & FITNESS, INC.
  • IMPULSE HEALTH TECHNOLOGY CO., LTD.
  • JOHNSON HEALTH TECH. CO., LTD.
  • NAUTILUS, INC.
  • PELOTON INTERACTIVE INC.
  • TECHNOGYM S.P.A.
  • TORQUE FITNESS, LLC
  • TRUE FITNESS TECHNOLOGY, INC.

An alarming rise in global obesity, especially in urban areas, supplements the growth of the fitness equipment industry. According to the WHO, there has been a startling increase in the number of obese people worldwide. In 2020, world’s 39% of adults aged 18 years and above were overweight and 13% were obese. Obesity is associated to a number of health issues or disorders such as sudden cardiac arrest, hypertension, hypotension, and diabetes.  Therefore, to lose weight, reduce stress, and improve blood circulation, obese people tend to use more of fitness equipment. Fitness equipment market trends such as self-care for health and virtual fitness training sessions are the major growth pillars to support the sales for these products. 

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The fitness equipment market is segmented into type, end user, and region. Depending on type, the fitness equipment market analysis is categorized into cardiovascular training equipment, strength training equipment, and other equipment. The cardiovascular training equipment segment is bifurcated into treadmill, elliptical, stationary bike, rowing machine, and others. By end user, the market segregated into home consumer, health club/gym, and other commercial user. 

Key Findings Of The Study

  • By region, North America dominates in terms of fitness equipment market share and is expected to retain its dominance during the forecast period.
  • By type, the cardiovascular training equipment segment led in terms of market share, and is expected to gain market share in the upcoming years
  • By end user, the home consumer segment accounted for more than 60% share of the fitness equipment market growth in 2020, due to imposition of social distancing and gym closures during the COVID-19 pandemic. However, the health club/gym segment is poised to grow at highest CAGR during the fitness equipment market forecast period from 2021 to 2028.
  • By end user, the health club/gym segment is expected to gain market share in the upcoming years and is estimated to grow at a CAGR of 6.4% during the forecast period.
  • By region, Asia-Pacific is anticipated to grow with robust CAGR of 5.7% 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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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

Choline Bitartrate Market Share Will Hit $736.2 Million By 2031 | Growth With Recent Trends & Demand

Allied Market Research published a report, titled, “Choline bitartrate Market by Type (DL, D, L), by Application (Pharmaceutical and Nutritional Supplement, Food and beverage, Baby Food, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.” According to the report, the global choline bitartrate industry was estimated at $410.2 million in 2021, and is anticipated to hit $736.2 million by 2031, registering a CAGR of 6.1% from 2022 to 2031.

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Drivers, restraints, and opportunities-
Increase in demand for infant formula and fortified food & beverages and various health benefits associated with choline bitartrate are the major factors that propel the growth of the global choline bitartrate market. On the other hand, surge in inclination toward natural food products along with stringent regulations directed toward manufacturing infant formula impedes the growth to some extent. However, rise in inclination toward preventive health care is expected to create lucrative opportunities in the industry.

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Covid-19 scenario-

The outbreak of the pandemic increased the demand for choline bitartrate from a wide range of end-use sectors, including pharmaceuticals, dietary supplements, baby food, and animal feed. This, in turn, has had a positive impact on the global choline bitartrate market.
Sales of dietary supplements advertised for immune health experienced a steep incline since many individuals believed that these items might provide the much-required protection from SARS-CoV-2 infection.
The L segment to dominate by 2031-

By product, the L segment contributed to the major share in 2021, holding nearly half of the global choline bitartrate market. The same segment would also cite the fastest CAGR of 7.1% during the forecast period. This is due to developments in the pharmaceuticals and nutraceuticals industry worldwide.

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The pharmaceutical and nutritional supplement segment to maintain the lion’s share-

By application, the pharmaceutical and nutritional supplement segment accounted for the major share in 2021, holding nearly one-third of the global choline bitartrate market. The others segment, on the other hand, is expected to grow at the fastest CAGR of 7.1% from 2022 to 2031. This is because the other segments include feed additives and personal care & cosmetics. Choline bitartrate is a B vitamin family member, that aids in the synthesis of cell membranes and aids in the maintenance of adequate levels of B vitamins that aid in the creation of collagen and elastin in the skin.

North America garnered the major share in 2021-

By region, the market across North America had the lion’s share in 2021, generating nearly two-fifths of the global choline bitartrate market. This is attributed to increase in disposable incomes, innovations in new products, and high birth rate across the province. Asia-Pacific, however, is projected to portray the fastest CAGR of 8.0% by 2031, owing to the increasing demand for baby food and newborn formula across the region.

Key players in the industry-

Celtic Chemicals Ltd.
Cepham Life Sciences
Glentham Life Sciences Ltd.
MP Biomedicals; Balchem Inc.
Nutragreenlife Biotechnology Co. Ltd.
NutriScience Innovations, LLC
Fengchen Group Co. Ltd.
TOKYO CHEMICAL INDUSTRY CO., LTD.
Puyer Group

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

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Luxury Apparels Market Growth Analysis, Opportunities, Business Outlook, Leading Players and Forecast to 2022-2031

Allied market research offers a latest published report on “Global Luxury Apparels Market, 2022-2031“. In addition, the report on the global Luxury Apparels Market sizing & forecasting, Y-o-Y growth analysis, and market dynamics, including growth drivers, restraining factors, opportunities, and trends covering the overall prospect of the market.

A detailed analysis into the market position of Luxury Apparels Market competitiveness, benefits and downside of enterprise stock, industry growth patterns in the studied market, regional industrial layout attributes and economic policies, industry News and Strategies has been included.

The Covid-19 pandemic has a vital impact on the growth of the global Luxury Apparels market and altered several market scenarios. The lockdown across various countries and ban on international travel has disrupted the supply chain and revenue chain. The report includes a thorough analysis of the Covid-19 pandemic on the growth of the global Luxury Apparels market.

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Based on Region, The Global Luxury Apparels Market is Segmented Into:

• North America (U.S., Canada Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa)

Relevant Points Highlighted:

  1. The report includes an overall business forecast that aims to gain valuable insights into the global Luxury Apparels Market
  2. The main segments have been further classified into sub-segments for a detailed review and a deeper understanding of the industry.
  3. The factors leading to market growth have been listed. The data has been collected from primary and secondary sources and analyzed by professionals in the field.
  4. The study analyses the latest trends and company profiles of the major players in the market.

Following Are The Key Segments Covered in The Report:

By Application
• Formal Wear
• Sports Wear
• Casual Wear
• Safety Apparel
• Others

By Sales Channel
• Supermarkets/Hypermarkets
• Independent Retail Stores
• Specialty Stores
• E-Commerce
• Others

By Age Group
• Geriatric
• Adult
• Kids
• Toddler

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List of Leading Players:

There are various players operating in the market. The report provides a competitive analysis of major players along with their market share and contribution to the studied market. Some key players of the global Luxury Apparels Market are:

• Ralph Lauren Corporation
• Christian Dior
• Michael Kors
• Coach Inc.
• Gianni Versace S.P.A.
• Girogio Armani S.P.A.
• Nike Inc.
• Hermes International Inc.
• Tommy Hilfiger USA Inc.
• Burberry Group Inc.

The Following are the Key Features of Global Luxury Apparels Market Report:

• Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
• Growth Drivers and Barriers, Market Trends & Market Opportunities
• Porter’s Five Forces Analysis & Trade Analysis
• Market Forecast Analysis for 2022-2031
• Market Segments by Geographies and Countries
• Market Segment Trend and Forecast
• Market Analysis and Recommendations
• Price Analysis
• Key Market Driving Factors
• Luxury Apparels Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.

The Report Addresses Following Doubts:

Q1. What is the total market value of Luxury Apparels Market report?
Q2. What would be forecast period in the market report?
Q3. What is the market value of Luxury Apparels Market in 2022?
Q4. Which is base year calculated in the Luxury Apparels Market report?
Q5. What are the Key Industry leaders opinions for the Luxury Apparels Market?

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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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Biometric ATM Market Statistics and Research Analysis Detailed in Latest Research Report 2022-2029

The report segments the biometric ATM market on the basis of application, product type, and geography. On the basis of application, it is bifurcated into withdrawals and deposits. On the basis of product-type, it is divided into iris recognition, fingerprint biometrics, voice recognition, facial recognition, and others. By geography, it is analyzed across North America, Europe, AsiaPacific, and LAMEA.

Major industry players such as –  SUPREMA, Safran, NEC Corporation, Infineon Technologies, CrossMatch Technologies, Fulcrum Biometrics, Synaptics, Techshino, BioEnable, and Miaxis.

The biometric ATM market is expected to experience a significant growth during forecast period as the adoption of biometric ATM is on an increase, owing to different benefits, which include reduced transaction time, provision of better security that deter crimes (internet banking fraud, money laundering, and theft bankers identification). However, lack of awareness among consumers is expected to hinder the market growth. Moreover, growth in demand of biometric ATM in the emerging market such as China, Brazil, and India is expected to offer ample of opportunities for the market growth.

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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

Segmental analysis of the market is provided in both qualitative and quantitative aspects. This aids the clients in identifying the most lucrative segment to go on with investments, on the basis of a complete backend analysis concerning the segmental presentation, coupled with brief salutation of the operating organizations and their important developmental activities.

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Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

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.

Luxury Hotel Market Analysis, Growth Rate, Opportunities, Company Overview and Forecast Assessment, 2022-2031

According to a new report published by Allied Market Research, titled, Luxury Hotel Market by Type, by Category: Global Opportunity Analysis and Industry Forecast, 2020-2031. The luxury hotel market was valued at $95,113.00 million in 2020, and is estimated to reach $160,481.23 million by 2031, growing at a CAGR of 5.1% from 2022 to 2031. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

The global luxury hotel market is driven by rise in travel & tourism industry, increase in preference for leisure travel, and improved standard of living. However, premium price charged by such hotels restrains the luxury hotel market growth. Increasing leisure activities, rising demand for recreational stays, and innovative services during the stays are few of the factor emerging as the luxury hotel market trends. Luxury hotels provide comfortable stay to tourist and travelers along with services such as spa, swimming pool, and fitness center. The market for luxury hotel has grown significantly in the past few years due to rise in the number of business travelers globally. Change in customer preference and up gradation in the services provided by hoteliers further boost the demand for luxury stays.

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Business hotels segment is expected to dominate the market throughout the analysis period, owing to huge consumer base, which includes business travelers, tour groups, and small conference groups which holds strong position in luxury hotel market share.

Airport hotels segment accounted for around ~25% share of the overall luxury hotel market revenue in 2021. These hotels usually target business clients, passengers with overnight travel or cancelled flights, and airline crews or staff.

The outbreak of COVID-19 pandemic has impacted the tourism and travel industry negatively. Implementation of social distancing, stay-at-home, and travel restrictions all over the world have restricted the growth of luxury hotel market.

The world luxury hotel market focuses mainly on the type and geographical segment. The luxury hotels type segment includes airport hotels, business hotels, suite hotels, resorts, and others (eco hotel and serviced apartment). Based on the category, the luxury hotel industry is analyzed by chain and independent nature of businesses. As far as the geographical segmentation is concerned, the world luxury hotel market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

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The major market players such as Four Seasons Holdings Inc., Intercontinental Hotels Group, Marriott International Inc., Hyatt Corporation., ITC Hotels Limited, Shangri-La International Hotel Management Ltd., and Jumeirah International LLC develop their product portfolios to strengthen their foothold in the market. The companies profiled in the report are Four Seasons Holdings Inc., Intercontinental Hotels Group, Marriott International Inc., Hyatt Corporation., ITC Hotels Limited, Shangri-La International Hotel Management Ltd., Jumeirah International LLC, and The Indian Hotel Companies Limited.

Key Benefits For Stakeholders:

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the luxury hotel market analysis from 2020 to 2031 to identify the prevailing luxury hotel market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the luxury hotel market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.

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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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Seed Market Expected to Reach $105.3 Billion By 2031 | Top Impacting Factors and Analysis

As per the report, the global seed industry was accounted for $58.5 billion in 2020, and is expected to reach $105.3 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.

Drivers, restraints, and opportunities

Modernization of agriculture, rise in need to boost food production, and increase in use of biofuels and animal feed have boosted the growth of the global seed market. However, lower acceptance of genetically modified crops hinders the market growth. On the contrary, rise in use of waste land for agricultural purposes and surge in accommodative regulatory stance would open new opportunities for the market players in the future.

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Covid-19 scenario:

The Covid-19 pandemic negatively affected the certification, distribution, and production of seeds during the initial phase of the outbreak. However, the pandemic played a vital part in the evolving resilient food system and agricultural sectors in economically weak countries.
The scarcity of workforce for production, transportation, and documentation processes created challenges in seed production for international trade.

The treated segment held the lion’s share

By seed treatment, the treated segment held the largest share in 2021, accounting for more than four-fifths of the global seed market. In addition, the segment is expected to register the highest CAGR of 4.6% during the forecast period, owing to their ability to adapt to various extreme agro-climatic conditions. The report includes an in-depth analysis of the untreated segment.

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The genetically modified seed segment to manifest the highest CAGR through 2031

By type, the genetically modified seed segment would showcase the highest CAGR of 4.9% from 2022 to 2031. In addition, the segment held the largest share in 2021, contributing to more than half of the global seed market, due to rise in demand for crop-based oils and animal feed. The report includes an in-depth analysis of the conventional seeds segment.

LAMEA, followed by North America, to portray the highest CAGR by 2031

By region, the market across LAMEA, followed by North America, is expected to register the highest CAGR of 5.9% during the forecast period. This is due to availability of land & water, enhanced soil quality, and favorable climatic conditions. However, the Asia-Pacific held the largest share in 2021, accounting for more than three-fifths of the market, owing to food security agenda in the developing countries and shifting of young generation from rural areas to urban areas.

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Major market players

Advanta Limited
Bayer CropScience AG
DLF Seeds A/S
DOW Agrosciences LLC
E.I. Du Pont De Nemours and Company
Groupe Limagrain Holding SA
KWS AG
Land O’ Lakes, Inc.
Sakata Seed Corporation
Syngenta AG

Similar Reports:
Oilseeds Market Expected to Reach $382,474.0 Million by 2031
Hybrid Seeds Market Expected to Reach $166,189.8 Million by 2031

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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

Disk Encryption Software Market: Emerging Growth Trends, Driving Factors, Business Strategies and Forecast to 2030

The rise in complexity and data breaches, rapid digitalization, and growing internet usage drive the growth of the market. In addition, increasing saturation of mobile devices across businesses has amplified the risk of data loss among enterprises, which made executing encryption software necessary for safe data transmission. However, high cost of implementation and lack of awareness about encryption software among the employees hamper the growth of the market. Furthermore, rise in demand for cloud-based disk encryption software is expected to provide lucrative opportunities for the growth of the disk encryption software market.

The increasing government & state rules and regulations on data privacy and regulatory compliance require the enterprises to strengthen their data security measures. With the growing number of strict regulations, companies are adopting various data security technology to ensure that the confidential data of the customers as well as employees is protected all the time. This drives the growth of the disk encryption software market.

The banking and financial sector makes use of disk encryption software to protect information of customers detail and financial statements. This information is at high risk to data breach, which can result into misuse of the financial data of users to perform suspicious activities. The industry’s complicated environment and increasing numbers of cyber threats create the need to secure secret financial data and low-risk breaches. The implementation of cloud technologies & encryption technologies by banking sector will lead to safeguard confidential information and reduce possibilities of data breaches.

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Major industry players such as – Amazon Web Services Inc., Check Point Software Technologies Ltd., Cisco System Inc., Fortinet Inc., F-Secure, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Palo Alto Networks Inc, Trend Micro Incorporated.

Regions Covered – North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

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Impact of COVID-19 on Disk Encryption Software Market-

  • The sudden eruption of the COVID-19 pandemic caused huge crisis across the world, affecting the global economy and health. All the operations in industries and production units were shut down for an unspecified time period in the lockdown, which resulted in disturbance of supply chain. The disk encryption software market survived in these critical times and was able to maintain stable growth rate. During the pandemic, companies adopted the work from home model, which created a rise in consumption of data.
  • The increase in data transfer and huge consumption of data during the pandemic led to the growth of the disk encryption software industry. During the pandemic, there was a significant acceleration in the cases of cyber-attacks, which increased the demand for more encryption software.

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Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Electrostatic Discharge (ESD) Films Market Value To Cross $1.1 Billion By 2030 | Top Companies and Industry Growth Insights

According to the report published by Allied Market Research, the global electrostatic discharge (ESD) films market generated $460.40 million in 2021, and is projected to reach $1.1 billion by 2030, witnessing a CAGR of 9.8% from 2022 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

The growing market for smart devices, the miniaturization of electronic devices, and presence of various standards guiding the safety of electrostatic discharge devices throughout handling and shipping drive the growth of the global electrostatic discharge (ESD) films market. However, a lack of network infrastructure, data privacy concerns, lack of understanding, and other operational challenges & risks hamper the market growth. On the other hand, the emerging trend of smaller electronic devices is expected to generate potential opportunities for the market during the forecast period.

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COVID-19 scenario:

  • Almost every component and semiconductor manufacturing facility was shut down during the COVID-19 pandemic, as governments around the world imposed a lockdown, resulting in a major decrease in the use of electrostatic discharge films.
  • Furthermore, the market for electrostatic discharge films experienced a decline through 2020, as enterprises postponed infrastructure investments, reduced production processes, or closed down their operations.

The report offers detailed segmentation of the global electrostatic discharge (ESD) films market based end user and region.

Based on end user, the consumer electronics & computer peripheral segment held the largest market share in 2021, holding nearly two-fifths of the total market share, and is expected to continue its leadership status during the forecast period. However, the automotive industry segment is projected to register the highest CAGR of 10.4% from 2022 to 2030.

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Based on region, North America is contributed to the highest share in terms of revenue in 2021, holding around one-third of the total market share, and is estimated to continue its dominant share by 2030. Moreover, the Asia-Pacific region is projected to manifest the fastest CAGR of 10.9% during the forecast period.

Leading players of the global electrostatic discharge (ESD) films market analyzed in the research include Smurfit Kappa Group, BASF, Desco Industries, DowDuPont, PPG Industries, TIP Corporation, Conductive Containers Inc., Elcom (UK) Ltd., Tandem Equipment Sales Inc., and Global Statclean Systems.

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

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Employee Recognition and Reward System Market- Top Impacting Factors That Could Escalate Market’s Rapid Growth

The report segments the employee recognition and rewards system market on the basis of solution, service type, deployment type, industry, and geography. Based on solution, the market is bifurcated into hardware and software. By service type, it is classified into professional services, integration services, and training & support. According to deployment type, it is divided into cloud and on-premises. As per industry, it is categorized into healthcare, manufacturing, IT & telecom, transportation & logistics, BFSI, retail, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Employee recognition and rewards system is expected to experience a significant growth during the forecast period, owing to increase in adoption of cloud-based solutions. Moreover, the benefits such as low cost of deployment & minimum maintenance expenses, enhanced data management, unlimited storing capacity, and access through web & mobile fuel the growth of the employee recognition and reward system market. Furthermore, rise in need to streamline HR operation is expected to drive the market growth. However, lack of awareness of employee recognition and rewards solutions in SMEs is hinders the growth of market. Rise in popularity of digital HR technology is expected to provide ample of opportunity for the growth of employee recognition and reward system market in the coming years.

Major industry players such as – Kudos, Inc., Workstride.com, Kwench Global Technologies Pvt. Ltd., REFFIND Ltd., Salesforce.com, Globoforce Ltd., Ultimate Software, Solterbeck, Workstars, and Achivers Corporation.

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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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The market numbers are verified by means of numerous data triangulation techniques. Additionally, reliable industry journals, accurate press releases from trade association, and government websites have also been revised for producing exclusive industry insights.

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Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.