A Market Place Research – Page 1697

Polyolefins Market to Garner $444.2 Billion, Globally, By 2028 at 12.6% CAGR, Says Allied Market Research

Allied Market Research published a report, titled, “Polyolefins Market by Type (Polyethylene (PE), Polypropylene (PP), and Polystyrene) and Application (Film & Sheet, Injection Molding, Blow Molding, Profile Extrusion, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2028.” According to the report, the global polyolefins industry generated $133.9 billion in 2020, and is expected to reach $444.2 billion by 2028, witnessing a CAGR of 12.6% from 2021 to 2028.

Prime determinants of growth

Rise in demand from the healthcare sector and surge in deployment of renewable energy drive the growth of the global polyolefins market. However, varying prices of raw materials hinder the market growth. On the other hand, growth of the food sector in emerging economies presents new opportunities in the coming years.

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Covid-19 Scenario

Manufacturing activities have been hindered due to the lockdown imposed in many countries during the Covid-19 pandemic. In addition, the supply chain has been disrupted.
The demand from various application industries such as packaging, automotive, electronics, and others slowed down due to disruptions in daily operations. However, the demand would grow during the post-lockdown.
Various industries have been facing challenges in terms of customer spending. The automotive sector faced a decline in sales in 2020, which, in turn, reduced the demand for polyolefins.

The polyethylene segment to continue its lead position during the forecast period

Based on type, the polyethylene segment held the highest share in 2020, accounting for nearly two-thirds of the global polyolefins market, and is expected to continue its lead position during the forecast period. This is attributed to its applications in industries such as packaging, automotive, electronics, and others. However, the polypropylene segment is expected to witness the largest CAGR of 14.5% from 2021 to 2028. This is due to its increased demand from the healthcare sector for its usefulness as medical plastics in applications such as syringes.

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The film & sheet segment to continue its leadership status throughout the forecast period

Based on application, the film & sheet segment contributed to the largest market share, holding nearly one-third of the global polyolefins market in 2020, and will continue its leadership status throughout the forecast period. Moreover, this segment is projected to portray the fastest CAGR of 13.2% from 2021 to 2028. This is attributed to rise in demand for films and sheets from sectors such as packaging, automotive, electronics, medical, and others. The research analyzes the segments including injection molding, blow molding, profile extrusion, and others.

Asia-Pacific, followed by Europe and North America, to maintain its dominant share by 2028

Based on region, Asia-Pacific, followed by Europe and North America, accounted for the highest market share in 2020, holding around three-fifths of the global polyolefins market, and will maintain its dominant share in terms of revenue by 2028. Moreover, this region is expected to grow at the highest CAGR of 13.6% during the forecast period. This is due to presence of key players in emerging countries such as China, Malaysia, Japan, India, and others along with the demand from industries such as packaging, construction, automotive, and others.

Leading Market Players

Exxonmobil Corporation
SABIC
Total SE
Repsol
Ineos Group AG
Reliance Industries
LyondellBasell Industries N.V.
Sinopec Group
Ducor Petrochemical
Formosa Plastics Corporation

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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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Non-surgical Aesthetic Market Strategic Analysis and Future Scenarios | Alma Lasers, Ltd., Cutera, Inc., Cynosure, Allergan Pcl

As per the report published by Allied Market Research, the “Non-surgical Aesthetic Market: Global Opportunity Analysis and Industry Forecast, 2022-2029″ Non-Surgical procedures include radio frequency skin tightening, chemical peel and non-surgical liposuction. These procedures do not involve any incision on the skin for treatment, and hence are helping for quicker recovery. Nonsurgical aesthetic procedures involve the use of hyaluronic acid, botulinum toxin, medical devices, and lasers for treatments, such as, skin tightening, dermal fillers, skin resurfacing, and hair removal chemicals or treatments. These treatments have better advantages as the treatment cost is comparatively lesser and the recovery time is lesser.

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𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Coronavirus disease 2019 (COVID-19) has led to the global shutdown of the function which is expected to hinder the growth of all the healthcare sectors and cause economic crisis. Furthermore, the spread of virus has to be stopped by allowing the reduction of exposure with the infected population and hence the lockout is prevailing.

The Covid-19 pandemic has an adverse impact on the healthcare system, resulting in 50% to 70% drop in revenue from March. As a result of the lockdown, the tendency of the small hospitals and nursing homes to carry out treatments is also at halt, due to which the revenue isn’t generated, posing threat to the economy worldwide. The visa cancellations had caused the loss in medical tourism and hence affected the revenue generated from it.

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The surge in popularity and awareness of non-surgical aesthetic is also anticipated to help the market propel in the forecast period. Furthermore, the medical tourism is playing a major role in boosting the market, and the quicker recovery after time after the procedure would help the industry flourish. However, the stringent regulations of the government over such procedures may hinder the Non-surgical Aesthetic market growth in the commenced period. The major factors which are anticipated to affect the industrial growth include, increase in the number surgeons in order to perform minimally invasive non-surgical aesthetic procedures and minimized risk of complications, which would boost the industry in the coming years.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:

• The analytical depiction of the global Non-surgical Aesthetic 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 global Non-surgical Aesthetic market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Non-surgical Aesthetic market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Non-surgical Aesthetic market.
• The report provides a detailed global market analysis based on competitive intensity and how the competition will take shape in coming years.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: https://www.alliedmarketresearch.com/request-for-customization/11585

Key Market Players:

Comprehensive competitive analysis and profiles of major market players such as Alma Lasers, Ltd., Cutera, Inc., Cynosure, Allergan plc, Fotona d.o.o., Nestlé S.A., Johnson & Johnson, Merz Pharma GmbH & Co. KGaA, Sinclair Pharma PLC, and Medytox, Inc.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

Surgical Robotic System Market
Healthcare Interoperability Solutions Market
Surgical Drains 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 introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
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5933 NE Win Sivers Drive
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Dental Burs and Endodontic Market Depth Analysis and Industry Forecast, 2021-2028

Dental burs are defined as major instruments used in modern dentistry for tooth restoration procedures and surgical care. They are widely available in various shapes and sizes, depending on the various dental procedures, functionality of the burs and clinical preferences.

The growth of the global dental burns and endodontic market is largely driven by the growth of the geriatric population; Increasing incidence of dental diseases such as gum disease, dental cracks, periodontal disease and dental cavities; Increased demand for root canal treatments; And increasing investment in R&D initiatives by various healthcare companies.

Endodontic is a branch of dentistry that treats the tissues around the tooth pulp and tooth roots. These include a variety of procedures such as root canal therapy or endodontic therapy, endodontic surgery, retreat, treatment of dental trauma and cracked teeth.

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According to the American College of Prosthodontics (ACP), in 2019, a total of 178 million Americans were reported to be missing at least one tooth. Additionally, according to the same study, in 2019, nearly 40 million Americans reported missing teeth. Furthermore, in February 2021, the National Oral Health Program Division of the Ministry of Health and Family Welfare launched the National Oral Health Policy on the MoHFW website for prevention of dental diseases and promotion of oral health in India.

Increased demand for root canal procedures, increased awareness of oral hygiene to prevent the risk of dental diseases, and initiatives taken by the government for the development and production of various dental instruments drive the growth of dental burns and endodontic market. However, side effects associated with dental burs and endodontic products such as mouth swelling and tooth brittleness are expected to restrain the market growth during the forecast period.

Report published by the Allied Market Research, the Dental Burs and Endodontic Market was valued at $1,283.6 million in 2020, and is estimated to reach $2,125.95 million by 2028 and registering a CAGR of 6.7% from 2021 to 2028.

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Key Market Segments:
The dental burs and endodontic market is segmented into product, distribution channel, and region. By product, the market is divided into diamond burs, carbide burs, endodontic stainless steel files and endodontic NITI alloy foils. The diamond burs segment is further classified into round shaped diamond burs, pear shaped diamond burs, cross cut tapered diamond burs and others diamond burs. On the basis of carbide burs, the market is bifurcated into round shaped carbide burs, pear shaped carbide burs, cross cut tapered carbide burs and others carbide burs. By distribution channel, the market is differentiated into E-commerce website and pharmacies.

Key Benefits of the Report:
• In-depth analysis of the dental burs and endodontic market, and the current trends and future estimations to elucidate the imminent investment pockets
• It presents a quantitative analysis of the market from 2021 to 2028 to enable stakeholders to capitalize on the prevailing market opportunities
• Extensive analysis of the market based on procedures and services assists to understand the trends in the industry
• Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the dental burs and endodontic market

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Key Market Players
• Global Top Inc.
• Golden Star Medical Co Ltd
• Mani Inc.
• 3M
• Prima Dental Manufacturing Ltd
• Shinwon Dental Co Ltd
• Shenzhen Feihuan Medical Instruments Co Ltd
• Shenzhen Rogin Medical Co. Ltd
• Spiral Tools Pvt. Ltd
• Tri Hawk, Inc.

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Artificial Cornea and Corneal Implant Market Trends and Growth 2028 | Industry Segmentation and Key Companies

As per the report published by Allied Market Research, the Artificial Cornea and Corneal Implant Market generated $376.61 million in 2020 and is projected to reach $656.19 million by 2028, growing at a CAGR of 7.9% from 2021 to 2028. The growth in the artificial cornea implant market has led to a desire to spend on consumer eye care. Furthermore, an increase in the incidence of eye diseases such as keratoconus, fuchs dystrophy and infectious keratitis is a major factor driving market growth.

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High costs associated with corneal implant surgeries pose a threat to the growth of the global artificial corneal implant market. In addition, the side effects of corneal surgeries prevent the widespread adoption of corneal implants. Increasing healthcare expenditure on eye care in developing countries is fueling the growth of the global artificial cornea implant market. Additionally, factors such as increase in the number of surgeries and increase in demand for new techniques for treatment provide growth opportunities for the market.

The presence of organizations such as the Eye Bank Association of America (EBAA) and The Global Alliance of Eye Bank Associations to promote strategies to promote effective corneal transplantation has a positive impact on business growth. Increased awareness of the diagnosis of ophthalmology will be conducive to the growth of the cornea implant industry in the forecast period. The increase in the geriatric population susceptible to eye diseases drives the growth of the artificial cornea and cornea implant industry. Furthermore, technological advances along with the rise of eye diseases globally have driven the growth of the cornea implant industry.

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The increase in demand for minimally invasive surgical procedures around the world is expected to have a positive impact on market growth. Benefits associated with minimally invasive treatments that increase aesthetic benefits, including raising awareness regarding corneal transplants, drive the growth of the industry. Asia-Pacific presents lucrative opportunities for key players operating in the artificial cornea and corneal implant market, offering numerous growth opportunities to players operating in the region due to increasing population, especially geriatric population and large patient pool suffering from various eye diseases Cornea Implant Market.

Key Market Segments

The artificial cornea and corneal implant market is segmented on the basis of type, transplant type, disease indication, end user, and region. By type, the market is divided into human cornea and artificial cornea. By transplant type, it is categorized into penetrating keratoplasty, endothelial keratoplasty, anterior lamellar keratoplasty and keratoprosthesis. By disease indication, the market is divided into Fuchs’ Dystrophy, Fungal Keratitis, Keratoconus and others. By end user, the market is segmented into hospitals, ambulatory surgical centers, and speciality clinics. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key Benefits of the Report:
• The report provides an extensive analysis of the artificial cornea and corneal implant market size, current market trends and future estimations of the market.
• The artificial cornea and corneal implant market analysis is comprehensively covered with respect to the component, application, and region.
• The artificial cornea and corneal implant estimations in this report are based on high-end analysis of the key developments for 2020–2028.
• Recent developments, key manufacturers, and top player positioning are listed in this report to analyze the competitive scenario of the artificial cornea and corneal implant market.

Key Market Players:
The report provides a comprehensive analysis of the leading companies operating in the market are AJL Ophthalmic, CorneaGen Inc., CorNeat Vision, LinkoCare Life Sciences AB, Presbia plc, Mediphacos, Aurolab, Cornea Biosciences, DIOPTEX GmbH, and EyeYon Medical.

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Premium Denim Jeans Market Is Likely to Experience a Tremendous Growth in Near Future

– Premium Denim Jeans Market Growth is influenced by Business Casual Attire

The dynamic workplace principles that allow employees to work in informal wear, including jeans and denim jackets, are supporting the expanding demand for jeans. One of the key growth causes for the premium denim jeans market is business casual wear. Google, Zappos, Facebook, and Twitter, for example, allow their employees to dress casually, including in jeans. Several women wear denim jeans to work since they can’t find the right-fitting work pants. During the projection period, the market will develop at a steady rate.

Denim mills and brands are working together in the denim sector to accomplish mutually beneficial strategic goals. For the product to be successful in the market, Levi Strauss & Co, a denim producer, teamed with Off-White, an influence in street wear fashion trends, to merge vintage Levi Strauss & Co jeans with Off-experienced White’s creative direction. One of the important reasons leading to the growth of the premium denim jeans market has been recognized as strategic collaborations among denim industry companies.

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Use of Social Media with a High Level of Advertising Expenditure

Traditional and social media platforms are used by key participants in the market examined for advertising. These companies organize campaigns and exposition exhibits to market their products and services, reaching out to their target audience via television advertising and social media channels. The increasing number of internet users in developing economies has transformed the advertising spending approach of major corporations. Players, for example, employ numerous Facebook profiles for different nations to suit to diverse customer needs.

They also provide digital versions of their catalogues for PC and mobile customers. Aside from Facebook, the corporations are attempting to establish a strong presence on other social media platforms such as Instagram, YouTube, and Twitter. Companies also support athletic, musical, and special events as part of their marketing efforts, and pay athletes and celebrities to promote their products.

Key Benefits of the Report

This study presents the analytical depiction of the premium denim jeans 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 premium denim jeans market share.

The current market is quantitatively analyzed from 2020 to 2030 to highlight the premium denim jeans market growth scenario.

Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

The report provides a detailed premium denim jeans market analysis based on competitive intensity and how the competition will take shape in coming years

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Top Impacting Factors

Constant product innovation in the market and rising living standards are expected to boost demand even higher. Growing consumer awareness of a wide range of products, including as boot cut, high rise, cropped, skinny, tapered, and normal fit jeans, is also helping to expand the market. Furthermore, the boost in demand for branded apparel will fuel the expansion.

The market’s expansion is projected to be aided by the influence of social media platforms. Furthermore, the expanding global apparel market, which has seen the introduction of premium and branded products, is expected to have a substantial impact on the development of the denim jeans market.
The presence of different low-cost jeans manufacturers is one of the hurdles in the expansion of the global premium denim jeans industry. The high price of quality denim jeans has been a stumbling block for this market.

Vendors have a lot of potential if they tap into other regions’ markets. Asia Pacific boasts the world’s fastest-growing economy and the most disposable income. The population density in this area is also the highest. These reasons are expected to aid in the rapid growth of premium denim jeans market.

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Questions Answered in the Report

Which are the leading players active in the premium denim jeans 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 “Premium Denim Jeans” Market prediction in the future?
Which will be the niches at which players profiling with recent advancements should set a presence?
What are the driving factors and opportunities in the market?
What are the current trends and predicted trends?
What are the challenges faced in the “Premium Denim Jeans” Market?

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Pregnancy Products Market with Strong Focus on Industry Size, by Financial, Growth Rate, Revenue, and Forecast to 2030

Pregnancy Products Market Outlook – 2030

Stretch marks are little tears and scars in the tissue that supports the skin. Stretch marks are fairly prevalent during and after pregnancy, with 90 percent of pregnant women experiencing them. The market is expected to develop due to rising awareness of stretch mark treatment solutions and their widespread use. Due to the rise in the number of pregnancies in both developed and developing nations, the stretch marks minimizer market is expected to grow significantly over the projected period.

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Pregnancy pillows are highly customized pillows that serve to support the changing curves and features of the body during pregnancy. Maternity pillows are another name for them. These pregnancy pillows assist pregnant women in maintaining optimal spine alignment when sleeping or resting. Furthermore, this pillow is essential for sleeping comfortably on one’s side and improving blood circulation during pregnancy.

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The rise in celebrity endorsements of pregnancy pillow to promote awareness

The pregnancy products industry is about to boost because of the growing prestige of celebrity endorsement boosting demand for pregnancy products. The companies approach renowned social media creators and other celebrities to endorse their brand as they have a high social media following. The advertisement expected to reach a large group of people. Promotion is creating awareness in the customer to adapt to a better quality of pregnancy products and how can it make a difference during the period of pregnancy or after pregnancy. By the advertising, the companies are conveying a message that by using their product the consumer is expected to achieve comfort and convenience.

Top Impacting Factors

Pregnancy causes physical changes in women, necessitating the usage of pregnancy care items such as stretch mark cream and others. One of the reasons influencing the growth of the worldwide pregnancy care products market is the rise in the global pregnancy rate.

The expansion is also being fueled by technological developments in pregnancy care goods and distribution channels. Stretch mark minimizer diminishes stretch marks after pregnancy.

Pregnancy-related skin concerns such as sore breasts, skin irritation, and leg pain are propelling the market for pregnancy care products.
Women increasingly prefer popular pregnancy care products to traditional skincare methods, which is affecting the industry’s growth. The global pregnancy care products market is growing as consumers become more aware of safe and effective skincare products after and throughout pregnancy.

The worldwide pregnancy care products market is being restrained by a lack of acceptance of advanced pregnancy care products in developing countries and the usage of chemicals in the manufacturing of pregnancy care products such as retinol, salicylic acid, and toluene.

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Key Benefits of the Report

This study presents the analytical depiction of the pregnancy products 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 pregnancy products market share.
The current market is quantitatively analyzed from 2020 to 2030 to highlight the pregnancy products market growth scenario.

Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

The report provides a detailed pregnancy products 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

Which are the leading players active in the pregnancy products 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 “Pregnancy Products” Market prediction in the future?
Which will be the niches at which players profiling with recent advancements should set a presence?
What are the driving factors and opportunities in the market?
What are the current trends and predicted trends?
What are the challenges faced in the “Pregnancy Products” Market?

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Art Supplies Market Analysis, Growth, Top Companies, Trends By Types And Application, Forecast To 2021-2030

Allied Market Research published a new report, titled, “Art Supplies Market 2021-2030” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Growth in trends such as DIY, recycle-reuse-reduce, display of work on social media platforms, personalized art has boosted the sales of art supplies in recent years. Innovation and introduction of new art supplies are anticipated to continue to influence the demand for art supplies in the upcoming years.

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The global presence of e-commerce has motivated art supplies manufacturers to sell their products online. This is expected to lead to a surge in the online supply of art materials during the forecast years. Social media influencers these days have become a medium to boost sales by recommending various art supplies to their followers, converting them into potential customers.

Art is said to be “an expression of soul” and this has driven the art and craft business to a great extent. In today’s world, many factors such as growth in DIY trends, innovation in creativity, showcasing one’s creativity on social media platforms such as Instagram, YouTube, Pinterest, etc. have driven the growth of this market.

Customized art supplies are being used by many companies for promotional purposes. Pens, pencils, and markers are used by schools and offices for various purposes and have increased the art supplies.

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Another major advantage for the suppliers of art materials is the raw material required for its manufacturing is cheap. Low entry barriers and high demand for art supplies have led to its success.

Geographically Analysis – North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the rest of LAMEA)

The key market players profiled in the report include Faber Castell, Linc Pen & Plastic, Maped, Hallmark Cards, Pilot, Newell Brands, Staedtler Mars, Mitsubishi Pencils, Pelikan, and Eaglemoss.

COVID-19 Scenario Analysis:

○ Already the online sales of art supplies are less in comparison to its offline sales and now have almost become negligible amid this pandemic.
○ Major end-users being the educational institutes, students, commercials, are all locked down, which has reduced the sales of art supplies.
○ COVID-19 has affected the growth of art supplies market negatively

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Key Benefits of the Report:

• This study presents the analytical depiction of the global art supplies 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 global art supplies market share.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario of the global art supplies market.
• Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
• The report provides a detailed global art supplies market analysis based on competitive intensity and how the competition will take shape in coming years.

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Vacuum Cleaner Market Analysis By Growth Rate, Opportunities and Forecast Assessment, 2022-2029

Allied Market Research published a new report, titled, “Vacuum Cleaner Market” 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.

The growing awareness about the advantages of vacuum cleaners such as time-efficiency, energy-saving cleaning, and convenience promotes the demand for vacuum cleaners. Along with this rapid urbanization, increase in disposable income, improved standard of living, rise in population of working women, and surge in dependence on technology boost the demand for vacuum cleaners.

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There is a change in the lifestyle of consumers, and they are becoming more tech-savvy. In addition to this, the advent of robotic vacuum cleaners boosts the growth of the vacuum cleaner market globally. Also, the rise in popularity of smart houses has inclined customers toward smart appliances like robotic vacuum cleaners. The busy schedule of the people nowadays has forced them to look for convenient methods for cleaning and mopping tasks. Robotic automated vacuum cleaners solve this purpose and hence, have become so popular. To avoid obstacles in its path, robotic vacuum cleaners are backed with infrared sensors, which gives them a logical path to follow. They are wireless and are programmed in such a manner that when their battery gets low, they automatically return to the power source.

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The availability of cheaper vacuum cleaners with similar functionality hampers the growth of the vacuum cleaner market. Along with this, poor after-sales service and lesser availability of spare parts also disturbs the global market growth for vacuum cleaners. As the cost of production is high, the final price for the product also tends to rise, refraining the customers from buying the product.

However, the adoption of vacuum cleaner is growing in various industries like manufacturing, healthcare, and retail, which can propel the market growth for the vacuum cleaners. Along with this, continuous innovation in the product and advent of eco-friendly and hands free, automatic vacuum cleaners can propagate the growth of the global vacuum cleaner market.

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COVID-19 Scenario Analysis:

○ The supply chain has been disrupted, as many countries have stopped import from China.
○ The industry is facing a reduction in production and price fluctuations.
○ China is the major supplier of raw material and the finished product for the electronic market.
○ The scarcity of raw material is posing a real challenge for the electronic goods industry globally.

The key market players profiled in the report include LG Electronics, Haier Group Corp, Miele & Cie. KG, Samsung Electronics Co. Ltd., Bissell Inc., Panasonic Corporation, iRobot Corporation, Koninklijke Philips N.V., Eureka Forbes Ltd., Dyson Ltd., and Stanley Black & Decker Inc.

Geographically Analysis – North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

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Key Benefits of the Report:

○ This study presents the analytical depiction of the global vacuum cleaner 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 global vacuum cleaner market share.
○ The current market is quantitatively analyzed from 2020 to 2027 to highlight the global vacuum cleaner market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides a detailed global vacuum cleaner market analysis based on competitive intensity and how the competition will take shape in the coming years.

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Europe Pentane Market Share, Type, Application, Growth, Key Players, Region-Forecast, 2018-2025

Europe Pentane Market growth is driven by increase in demand for pentane from end-user industries, low cost of pentane and its beneficial chemical properties. On the other hand, strict government regulations towards the use of pentane have happened to curb the growth to some extent. Nevertheless, surge in use of pentane in fuel blending and formulation has created a number of opportunities in the segment.

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According to the report published by Allied Market Research, the Europe pentane market was estimated at $28 million in 2017 and is expected to reach $38.1 million by 2025, growing at a CAGR of 4.1% from 2018-2025. The report provides an extensive analysis of key segments, drivers & opportunities, market size & forecasts, key investment pockets, and competitive scenario.

Based on type, the n-pentane segment accounted for nearly three-fourth of the total market in 2017 and is expected to be dominant throughout the forecast period. This is due to the increase in the demand for chemical intermediates in Europe. These chemical intermediates are used as chemical solvents and electronic cleaning solvents in different end-use industries.

By Application

Blowing Agent
Chemical Solvent
Electronic Cleansing
Others

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By capacity, blowing agents contributed to nearly two-fifth of the total market in 2017, thereby coming out as the largest shareholder in the market. Increasing production of polymer-based compounds such as polyurethane and polystyrene has spurred the growth. By geography, Germany held nearly one-third of the total market share in 2017. Increase in demand of pentanes, which are used as blowing agents in the production of polyurethane & polystyrene foam, has augmented the growth.

Key Market Players

Exxon Mobil Corporation
HCS Group (Haltermann Carless UK Ltd.)
INEOS Group Holdings S.A.
Air Liquide S.A.
Harp International Ltd
Phillips 66
Royal Dutch Shell Plc.
Chevron Corporation
Brenntag
Inventec

Similar Report:

Global Pentane Market

Cyclopentane Market

Foam Blowing Agents 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.

Bromine Derivatives Market Size worth $1.35 Billion by 2030, The research analyzes regions including North America, Europe, and LAMEA

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

Based on region, Asia-Pacific held the highest share in 2020, accounting for around two-fifths of the total share, and is estimated to maintain its dominance in terms of revenue by 2030. Moreover, this region is projected to manifest the fastest CAGR of 5.4% during the forecast period. The research also analyzes regions including North America, Europe, and LAMEA.

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According to the report published by Allied Market Research, the global bromine derivative market generated $826.4 million in 2020, and is expected to generate $1.35 billion by 2030, witnessing a CAGR of 5.1% from 2020 to 2030. The report offers a detailed analysis of changing market dynamics, key segments, top investment pockets, regional scenarios, value chain, and competitive landscape.

Rise in urbanization, need for enhanced infrastructure, and rapid rise of pharmaceuticals drive the growth of the global bromine derivative market. However, stringent government regulations on chemicals hinder the market growth. On the other hand, surge in pharmaceutical, construction, automotive activities in developing nations present new opportunities in the coming years.

Based on derivative, the TBBPA segment contributed to the highest share in 2020, accounting for nearly one-third of the total market share, and is projected to maintain its lead position throughout the forecast period. However, the sodium bromide segment is projected to manifest the fastest CAGR of 5.4% from 2021 to 2030.

Covid-19 Scenario:

As per the stats of the Organization for Economic Co-operation and Development (OECD), the price war erupted for crude oil with widened supply and less demand. This led to extensive production of oil and made a sluggish impact on the bromine derivative market.
In addition, the import and export activities were affected considerably, which in turn, impacted the end-use industries of bromine derivatives. The demand for bromine derivatives reduced significantly.
The automotive industry is one of the major end users of bromine derivative worldwide. The production activities in the automotive industry halted during the lockdown imposed during the Covid-19 pandemic. This reduced the demand for bromine derivatives. However, the demand would increase during the post-lockdown.

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Based on end use, the chemical segment accounted for the highest share in 2020, contributing to more than three-fifths of the global bromine derivative market, and is expected to maintain its leadership status during the forecast period. However, the construction segment is estimated to manifest the largest CAGR of 5.4% from 2021 to 2030.

Leading players of the global bromine derivative market analyzed in the research include Albemarle Corporation, Hindustan Salts Limited, Gulf Resources Inc., Israel Chemicals Limited, Honeywell International Inc., Perekop Bromine, LANXESS Corporation, TETRA Technologies, Inc., Tata Chemicals Limited, and Tosoh Corporation.

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