A Market Place Research – Page 1726

AEA Salicylic Acid Market to hit $553.8 Million by 2030 | Report analyzed across North America, Latin America, Europe, and Africa

AEA Salicylic Acid Market growth is driven by increase in demand from the preserved food & beverage industry and growing inclination toward personal care products drive the growth of the AEA salicyclic acid market. On the other hand, rising consumer awareness about the harmful effects of products restrains the growth to some extent. However, high adoption of salicylic acid in the pharmaceuticals and cosmetics sector and surge in demand for aspirin drugs are expected to create lucrative opportunities in the industry.

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According to the report published by Allied Market Research, the AEA salicyclic acid market was estimated at $274.5 million in 2020 and is expected to hit $553.8 million by 2030, registering a CAGR of 7.3% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, wavering market trends.

The AEA salicyclic acid market is analyzed across application and region. Based on application, the pharmaceutical segment accounted for the major share in 2020, holding more than three-fourths of the total market. The skin care segment, however, would exhibit the fastest CAGR of 8.5% throughout the forecast period.

Based on region, Europe held the lion’s share in 2020, garnering around half of the total market. The market across Latin America, on the other hand, is expected to cite the fastest CAGR of 7.7% by the end of 2030. The other provinces studied in the report include North America and Africa.

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Covid-19 Scenario-

Closure of saloons and beauty parlors, especially during the initial phase of the pandemic, gave way to rise in online sales of cosmetic products. This, in turn increased the demand for salicyclic acid from the personal care industry, thereby impacting the AEA salicyclic acid market positively.
This trend is quite likely to continue post pandemic as well.

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The key market players analyzed in the AEA salicyclic acid market report include Avonchem Limited, Wego Chemical Group, J.M. Loveridge Limited, Reagents, Novacyl, Alfa Aesar, Midas Pharma GmbH, Solvay Merck KGaA. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

Propionic Acid 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.

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.

Water Treatment Equipment Market Share, Latest Trends, End User, Type, Geography and Business Opportunity By 2022

Allied Market Research published a new report, titled, “Water Treatment Equipment Market size by Type (Meters, Disinfection, Membranes, Process Equipment, Mud Treatment) and End User (Industrial, Municipal) – Global Opportunity Analysis and Industry Forecast, 2022″ 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.

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The report offers key drivers that propel the growth in the global mining metals 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.

Water treatment is done by collecting and processing water to achieve the desired properties of suspended matters. Hence, based on the raw & desired quality of water, treatment methods, number of stages, and equipment involved in different processes may differ significantly.

The commonly used equipment in most of the treatment methods are process equipment, mud treatment, filtration systems & media, disinfection, meters, and membranes. The market for such equipment has increased tremendously over the past few years owing to increasing water consumption coupled with rising awareness to consume safe water. However, factors that hamper market growth are high equipment and operational costs.

Water Treatment Equipment Market Report, published by Allied Market Research, forecasts that the global market is registering a CAGR of 6.0% during the period 2016-2022. The mud treatment and process equipment segment collectively held about two-fifths of the total market in 2015.

In the year 2015, Asia-Pacific and Europe collectively accounted for more than half of the total water treatment equipment market and are expected to maintain their lead position throughout the forecast period. The major companies profiled in the report include Best Water Technology (BWT) Ag, Ecolab Inc., Ge Water & Process Technologies, Hyflux Ltd, Pentair Plc., Va Tech Wabag Ltd., Veolia Environment S.A., Xylem Inc., Suez Environment S.A., and Saur SAS.

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Greater efficiency and innovation are considered the primary areas of development for the water and wastewater treatment equipment market. Diminishing freshwater reserves puts additional pressure on governments to meet the cumulative demand for uninterrupted water supply. Different types of instruments are used at different stages of water treatment. Manufacturers are focused on developing innovative and highly effective products to resolve the universal issue of water shortage. Water recycling involves numerous types of equipment and instruments for activities such as the removal of impurities and sediments. Technological advancements to increase the effectiveness of these products and meet end-use requirements can positively affect their future demand.

Water & Wastewater Treatment Equipment Market by Type (Disinfection and Filtration), Technology (Primary, Secondary, and Tertiary) and Application (Municipal and Industrial)-Global Opportunity Analysis and Industry Forecast, 2014-2022

Key Findings of Water Treatment Equipment Market:

1. Membranes would be the fastest growing segment during the analysis period.

2. Asia-Pacific is expected to lead the market throughout 2022, growing at a CAGR of 5.8% from 2016 to 2022.

3. LAMEA is expected to be the fastest growing segment.

4. In the year 2015, the municipal application segment generated highest revenue and is expected to maintain its lead.

5. U.S. would continue to lead the global water treatment equipment market throughout the forecast period.

Similar Report:

Wastewater Treatment Equipment Market

Produced Water Treatment Market

Fracking Water Treatment Market

Process Water Treatment 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.

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.

Composites Market Growth, Trends and Demands Research Report | Top Companies and Industry Growth Insights

Composites are made up of two or more materials at microscopic level having chemically distinct phase. Based on the matrix, composites are classified into polymer, metal, ceramic, carbon, and graphite. Its enhanced desired properties make it applicable to be used in several industries such as aerospace & defense and construction.

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Rise in demand from the end user industries drives the composites market. Improved properties such as high fatigue life, high strength and modulus, reduced weight, acoustic insulation, and corrosion resistance has led to an increase in the demand. Volatility in the raw material prices, and non-recyclable nature of composites pose a great threat in the growth of the market.

The report segments the composites market on the basis of fiber type, resin type, manufacturing process, and application. On the basis of fiber, the market is divided into carbon fiber composites, glass fiber composites, and others. Based on the resin type, market is classified into thermosetting composites and thermoplastic composites. On the basis of type of manufacturing process, the market is categorized into layup, filament, injection molding, pultrusion, compression molding, RTM, and others. On the basis of application, the market is divided into transportation, aerospace & defense, electrical & electronics, construction, wind energy, pipes and tanks, marines, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA. Growth of the electricals & electronics, construction & infrastructure, and improved transportation facilities has led Asia-Pacific to be the largest market of composites.

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Comprehensive competitive analysis and profiles of major market players such as Hexcel Corporation, Huntsman Corporation, Toray Industries, Teijin Limited, and Owens Corning are also provided in this report. The target end users for these companies can be categorized as automotive, aerospace, construction, and wind energy related companies such as BMW, Ford, Bell Helicopter, Boeing, Mercedes-Benz, and Vestas.

KEY BENEFITS FOR STAKEHOLDERS:

This report provides an extensive analysis of the current and emerging trends and dynamics in the global composites market.
In-depth analysis has been done in this report by constructing market estimations for the key market segments between 2014 and 2022.
This report entails the detailed quantitative analysis of the current market and estimations through 2014‐2022, which assists to identify the prevailing opportunities.
Exhaustive analysis of the global composites market by type helps understand the types of composites that are currently being used along with the variants that would gain prominence in the future.
An in-depth analysis of the current research and clinical developments within the composites market is provided with key dynamic factors that predict the behavior of the market.
Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
Key market players within the composites market are profiled in this report and their strategies are analyzed thoroughly, which interprets the competitive outlook of the global composites market.

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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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Virtual Client Computing Market- Top Impacting Factors That Could Escalate Market’s Rapid Growth

Rise in demand for agile workforceand growth in need for improved user productivity are the major key factors that drive the market growth. In addition, enhanced information security and lower operating costs provided by virtual client computing fuels growth of the market. However, cost controlling challengesand available alternatives to virtual client computing hampers the market growth. Furthermore, surge in the adoption of virtual client computing by the education sector around the globe is expected to provide lucrative opportunity for the global virtual client computing market.

North America is expected to have the largest market share during the forecast period, owing to technological advancements and presence of prominent players in the region, who launch new services to sustain in the market. In addition, Asia-Pacific is also expected to witness a significant growth, owing toemerging economies such as India, China, and Japan and adoption of virtual client solutions to give better user experience to clients.

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Asia-Pacific is expected to achieve significant growth during the forecast period, owing to rise in adoption of virtual client computing in various call centers and BPOs and presence of emerging players in the market. In addition, rise in adoption of virtual client computing in various industries such as BFSI, IT & telecom, and manufacturing is expected to propel growth of the market. Furthermore, rise in awareness of virtual client computing among SMEs and surge in adoption of cloud-based virtual client computing solutions among SMEs is expected to provide lucrative opportunities for the market.

Key industry players such as – Citrix Systems, Inc., Dell Inc., Ericom Software, Fujitsu, Hewlett Packard Enterprise, Hitachi Ltd., Microsoft Corporation, NEC Corporation, NComputing CO. LTD., Unidesk Corporation, VMware Inc.

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Impact of COVID-19 on Virtual Client Computing Market:

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the WHO declaring it a public health emergency. The global impacts of the disease are already starting to be felt, and expected to significantly affect the virtual client computing market in 2020.
Though governments have imposed lockdowns to contain spread of the virus,all businesses have shifted to online mode. Virtual client computing model allows companies to centrally manage client devices and give them a better user experience. In addition, data loss and data theft in this model is less compared to traditional computing models, which propels the market growth.

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

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Bioactive Materials Market Statistics 2030: Major Factors that can Increase the Global Demand

Bioactive materials have the capability to react with fluids and tissues and cause no negative effect on them. The materials are made from glass ceramics, glass, ceramics, composites, etc. In the year 2007, about 2 million tissue allografts and 28,000 organs were transplanted in the US. The global organs and tissue transplant is expected to reach approx. 115 thousand procedures till 2017. Rising use of spinal and orthopedic procedures, rising ageing population, rising cases of organs failure and increasing use of synthetic materials in grafting process are the key drivers of bioactive materials market. This material finds application in varied areas including dentistry, medicine, pharmaceuticals, surgery, bioengineering, etc. This would drive the demand for bioactive materials in the next decade.

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However, grafting bioactive materials made of ceramics, glass, etc. may lead to Metaphyseal defect (an autoimmune disease), which has lowered the adoption of this material. Rising cases of diseases and need for advanced treatment procedures in developing countries is expected to surge the market in Asia Pacific region. This report provides in-depth analysis of the penetration of bioactive materials in developing regions and its future growth prospects in other regions as well as various application segments.

KEY BENEFITS

The report provides analysis of the current market situation as well as delivers future trends, thus assisting stakeholders in taking strategic and actionable decisions
Quantitative analysis of the current bioactive materials market and estimations through 2013-2020
Analysis of the bioactive materials market factors in various geographic regions and help understand business opportunities
Identification of key investment pockets for various segments such as material, production method and geography
Identification of key application segments based on future potential and growth prospects
Top factors that are expected to affect the growth of the market along with impact analysis of every such factor
Micro level analysis based on material, production method and geography

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Key Market Players

3DI
AAP implantate
arthrex
baxter/apatech
berkeley advanced
biomaterials
biomatlante
biomet
CAM Bioceramics
Ceraver.

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In-car apps Market Business Scenario | Key players – Robert Bosch GmbH, NXP Semiconductors N.V., Renesas Electronics Corporation, BlackBerry Limited, Nvidia Corporation

Over-air updates for software components are a feature that appears in the automotive applications space. In recent years, the electronic components of automobiles have increased dramatically due to the increasing use of driver assistance and safety features in vehicles. The advent of IVI and connected car technology has decreased the difficulty of driving. As, electronics, software, and apps come from the most important part of modern cars.

The use of in-car apps allows car maintenance to be monitored using cell phones. It also assists customers in connecting with various service personnel and communicating with them via text, images, and videos. These apps assist in automotive diagnostics by continuously monitoring vehicle damage and the operation of various parts.

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In addition, applications are now integrated with various sensors that prepare to monitor the activity of drivers and monitor their focus on the road to avoid disturbing driving. Increased performance of these programs helps the user to monitor car repairs with the help of smartphones. It also allows customers to establish contact with several service personnel and makes contact with text, photos, and videos. In addition, in-car applications help diagnose car issues in the event of a dangerous situation offering a recommendation for multiple repair sites and maintenance costs respectively.

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With the rapid development of technology, companies have allowed advanced features in the latest infotainment systems in cars. These unique features include interacting with external devices such as mobile and the Internet in live media and video streaming, roaming and information sharing. However, there are still some problems regarding the connection between the internet and the infotainment systems inside the car. Due to the lack of proper internet connection, end users are not able to access or use the live streaming media feature or emails. Minor network connections can be seen in some areas where continuous air changes due to heavy rainfall, thick snow, and atmospheric smoke lead to disruption of a fixed network. Therefore, the lack of uninterrupted, seamless communication is one of the obstacles to the growth of the infotainment market system. Furthermore, this ban is expected to reduce its impact in the future supported by rapid growth in the telecommunications industry.

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Major industry players such as – Robert Bosch GmbH, NXP Semiconductors N.V., Renesas Electronics Corporation, BlackBerry Limited, Nvidia Corporation ,Microsoft Corporation, Airbiquity Inc., Elektrobit Automotive GmbH, Green Hills Software, Wind River Systems

COVID-19 Scenario Analysis:

The emergence of COVID-19 has severely affected almost all industries across the world. Further, lockdown restrictions on movement have disrupted the supply chain, but gave opportunities to the car industry and have an impact on the growth of the In-car apps market.
In addition, the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, current market forces, and significant interventions of governments are noticeable.

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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.

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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. 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.

Authentication Service Market Statistics and Research Analysis Detailed in Latest Research Report 2021-2031

Some of the authentication as a services solution provided by authentication providers are; a single sign-on option for the developers to deliver access control for their application based on centralized policies and rules provided by Azure active directory. It is Microsoft’s cloud-based which provides main directory services along with access management and identity protection on a single solution platform. Furthermore, to access users windows devices and applications Microsoft Active Directory provides IT admin to control permission to services and user action, single sign-on to internet web-based resources and also provides users with access to network resources with the help of authorizations such as Kerberos, DNS and LDAP.

Cybercriminals nowadays are not only attacking the information and data but also hacking industrial controls with and intend to cause destruction. Cybercriminals not only attack the data to simply copy it but hack the data to destroy it or change the data to build distrust. Therefore, many businesses are spending a large sum on security and more importantly authentication of who gets access to the company’s resources. Furthermore, businesses are relying on mobile computing applications so that they can provide remote access to their employees is another reason for the growing demand for authentication services.

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Over the years of phishing attacks and breaches due to increased passwords, major technology corporations have learned that the alternative to passwords should be more secure and less cumbersome. The solution to this is biometric authentication and it is becoming popular as many people nowadays have smartphones with a fingerprint scanner. Furthermore, many organizations are working on storing data on a separate decentralized server rather than a centralized location to reduce breaches. For instance, Microsoft is working on decentralizing a blockchain-based authentication system and allowing the usage of one username across all services and platforms. As the cyber security threats are increasing, so is the competitiveness between the key players is increasing. More and more competitors are trying to come up with innovations and solutions, to gain a competitive advantage in the authentication service market. With the help of research and development, mergers and acquisitions, strategic partnerships major key players are trying to gain a larger footprint in the market. For instance, IBM developed a self-aware token primarily designed to record events of online transactions and has filed a patent with U.S. Trademark and Patents in January 2020.

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In the past decade, the main source of authentication was the traditional password. However, companies are losing entities worth billions because hackers can easily attack the single gateway access to the records. According to the Accenture report, there was an increase in security breaches last year by 11% alone. Therefore, authentication service providers have come up with to reduce these data breaches. Multi-factor authentication provides more than one method for authentication which makes it difficult for the attackers to easily breach the system, it uses password combination with authentication apps such as facial recognition or fingerprint reader. Therefore, as the adoption of cloud services increased, the adoption of multi-factor authorizations also increased, thereby driving the growth of the authentication service market. In addition to multi-factor authorization, authorization services have come up with solutions such as graphical authentication, public key infrastructure, social authentication, one-time authentication and biometric authentication to gain a competitive edge in the market.

Management of virtual servers that increases the data breaches, increasing cost and technical complexity for implementing the authentication solutions, increase response time in higher-order authentication models are some of the restraining factors for the growth of the authentication service market.

Major market players such as – Verizon, Trustwave Holdings Inc., Thales Group, Wipro Limited, Tata Communications, Bell Canada, Nasstar, Entrust Corporation, Global Cloud Exchange, and GTT Communications, Inc.

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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Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.

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Pet Car Seat Market is Estimated to Reach $1,531.8 Million by 2031, Growing At CAGR of 4.1% From 2022-2031

Allied Market Research published a new report, titled, “Pet Car Seat Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. The pet car seat market size was valued at $1.0 billion in 2021, and is estimated to reach $1.5 billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031.

Pet car seats are designed to be safe for both, the animal and driver, and provides comfort to the pet during long journeys. Pet covers are designed to protect animals from dirt, debris, rain, snow or other elements while they are in a vehicle. Pet car seats allow the pets to travel in the car without any hassle. They have been designed to keep the pet safe and secure while driving.

The rise in awareness among the pet owners regarding the pet safety and implementation of government laws and regulations such as The Highway Code and The Prevention of Cruelty to Animals (POCTA) Act has significantly impacted the growth in the demand for pet car seats across the developed regions, such as North America and Europe. The rise in awareness regarding animal safety and prevention of animal cruelty in the developing nations is expected to foster the growth of the pet car seat industry in the foreseeable future.

the basis of car type, the hatchback segment dominated the market in 2021. This is attributed to the huge adoption of the hatchback cars among the global population, owing to its low cost and its high demand among the middle income consumers. Hatchback cars have become increasingly popular in recent years, and one of the reasons for this is that they are much more pet-friendly than other types of cars. There are many benefits to owning a companion animal, such as improved mental and physical health, increased socialization, and increased feeling of happiness and well-being.

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Depending on the distribution channel, the e-commerce segment is anticipated to witness a significant CAGR of 5.1% during the forecast period. The rise in penetration of smartphones, growing popularity of online pet stores, and rise in the number of Internet users across the globe are the prominent drivers of the e-commerce channels. As per the International Telecommunication Union (ITU), in 2021, around 4.9 billion people had access to the Internet and majority of them were using the Internet through smartphones.

By material, the PVC segment dominated the market accounting for 36.7% of the pet car seat market share in 2021 and is expected to sustain its dominance during the forecast period. Pet owners search for wholesome, cozy, comfortable, and long-lasting solutions for their pets’ accessories. Many producers and pet owners opt for PVC materials due to their usability, adaptability, resistance to chemicals and water, and durability.

Region-wise, North America dominated the market in 2021 and is expected to drive the pet car seat market growth during the forecast period. The huge penetration of passenger cars and higher adoption rate of pets among the U.S. population has significantly fostered the growth of the pet car seat market in North America. According to the American Pet Products Association (APPA) National Pet Owners Survey 2021-2022, 70% of the U.S. households, or about 90.5 million households, have pets.

The key players profiled in this report include:

• Active-Pets
• ARF Pets
• Kurgo
• K&H Manufacturing LLC.
• Petco Animal Supplies Inc.
• Pet Lovers Centre
• Pet My Ride
• Petsup
• Pet Magasin
• 4Knines.

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Key findings of the study:

• The global pet car seat market size was valued at $1,034.2 million in 2021, and is estimated to reach $1,531.8 million by 2031, registering a CAGR of 4.1% from 2022 to 2031.
• By feature, the waterproof segment is estimated to witness the fastest growth, registering a CAGR of 4.9% during the forecast period.
• By car type, the hatchback segment was valued at $394.0 million, accounting for 38.1% of the global pet car seat market share in 2021.
• The U.S. was the most prominent market in North America in 2021, and is projected to reach $363.3 million by 2031, growing at a CAGR of 3.5% during the forecast period.

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At a CAGR 9% Aromatherapy Products Market Size Expected to Reach $5.3 Billion by 2031

According to a new report published by Allied Market Research, titled, “Aromatherapy Products Market,” The aromatherapy products market was valued at $2.3 billion in 2021, and is estimated to reach $5.3 billion by 2031, growing at a CAGR of 9% from 2022 to 2031.

Rising awareness about the therapeutic uses of essential oils, rise in cases of mental illness and various disorders which can be controlled by aromatherapy products, including pain, cardiovascular disorders, respiratory disorders, skin-related problems, insomnia and anxiety are likely to support the growth of the aromatherapy products market during the forecast period.

Aromatherapy is the technique of using essential oils (EOs) and other fragrant molecules from plants to influence someone’s mood or health. It is frequently linked to complementary and alternative medicine (CAM). René Maurice Gattefossé, a French chemist, first used the aromatherapy term in the 1920s.

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The aromatherapy products market in the medical sector has a lot of potential. Presently, the market revenue generated through relaxation and sleep, pain management, and skin and hair care segments are notably high and are expected grow at significant rate during the forecast period. This is majorly attributed to growing health concerns, rise in awareness regarding the therapeutic treatments and growing disposable income especially in the developing regions.

However, peppermint, lime, and lemon essential oils earned a sizable income in 2020 and are anticipated to gain sizable market share during the forecast period. At the moment, orange and cornmint oils dominate the market for essential oils. In addition, regulations imposed by the Consumer Product Safety Commission on air fresheners and scented candles, as well as limitation about the use of essential oils to special conditioned people are anticipated to restrain the growth of the global aromatherapy products market during the forecast period. People with asthma should not use essential oils unless doctor instructs.

Aromatherapy is frequently used as medicine in France, Germany, UK, Austria, and Switzerland, where there is a particularly robust market for it. Although it is still unusual, there is an increase in the number of licensed practitioners in UK. Aromatherapy is mostly utilized for holistic or aesthetic purposes and is marketed as cosmetics in the majority of other West European countries.

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Key Take Away :

The medical and Holistic segments are expected to witness considerable CAGRs of 11.1% and 8.5%, respectively, during the forecast period.
Essential Oils segment holds the major share of 68.2% in 2021 and is expected grow at significant CAGR of 8.7% during the forecast period.
The skin and hair care segment was the significant revenue contributor to the market and is expected grow at highest CAGR of 10.7% during the forecast period.
Direct Distribution segment was highest revenue contributor to the market and and E-commerce segment is expected grow at highest CAGR of 12.4% during the forecast period.
North America and Europe collectively accounted for around 74.7% share in 2021, with the former constituting around 39.9% share.

According to application, the pain management segment is estimated to reach $1,539.6 million by 2031, growing at a CAGR of 9.6% during the forecast period. Patients are turning to alternative treatments like aromatherapy items owing to ineffectiveness of oral painkillers. Many people are dependent on painkillers, although they frequently have negative side effects and are ineffective sometimes. In addition, one of the factors driving up demand for aromatherapy products is lack of preference for surgeries for the pain management.

According to distribution channel, the e-commerce segment was the significant contributor to the market, with $86.7 million in 2020 and is growing at a CAGR of 12.4% during the forecast period. Easy accessibility offered by online sales channel boosts its adoption in the aromatherapy products market. E-commerce has becoming a considerably popular medium for purchase of aromatherapy products. Easy availability of information about product specifications, time-saving feature, and facility of home delivery contributes to the growth of online sales.

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According to the aromatherapy products market opportunities, region-wise, Asia-Pacific garnered the considerable aromatherapy products market share in 2020, and is expected to maintain its market share during the forecast period. This is majorly attributed to growing disposable income, which promotes them to spend money on their health and well-being. In addition to this, the country’s healthcare spending is rising as well, which is pushing the regional domain.

The players operating in the global aromatherapy products industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include dōTERRA, Edens Garden, Young Living Essential Oils, LC, Rocky Mountain Oils, Plant Therapy Essential Oils, FLORIHANA, Biolandes, Falcon Essential Oils, Stadler Form, Hubmar International, SpaRoom, Mountain Rose Herbs, Air Aroma, Nu Skin, and H.Reynaude & Fils.

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Electric Face Cleanser Market Size is Expected to Reach $10.6 Billion by 2031, Growing at a CAGR of 6.3% From 2022-2031

Allied Market Research published a new report, titled, “Electric Face Cleanser Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. The Electric Face Cleanser Market Size was valued at $5.8 billion in 2021, and is estimated to reach $10.6 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.

The market has seen a steady decline in the pandemic as people have demanded less for non-essential items. The electric face cleanser market has seen a steady decline in the pandemic as people have demanded less for non-essential items. Markets and production units have been shutdown globally which has stopped the production, sale, and marketing of the product. This has also offered an opportunity for the companies to look after their supply chain relationship and business models for the future. The companies are aiming towards the production of new products that have fewer chances of getting contaminated with touch by hands.

Moreover, the market across the globe has witnessed continuous and sustained growth over years, owing to rise in beauty-conscious female population. Several other factors such as increase in female labor force, rise in awareness regarding maintaining prolonged beauty, and change in lifestyle have significantly created numeous Electric Face Cleanser Market Opportunity towards the growth of the electric face cleanser market trends.

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Based on the application, commercial segment held the Electric Face Cleanser Market Share and is likely to remain same throughout the forecast period. Increase in number of saloons and spas that provide other additional services has led to increase in sale of skin care products and electric face cleanser, which is expected to intensify the Electric Face Cleanser Market Growth.Household segment witness significant growth rate. As consumers become more aware of the advantages of using personal care products, the usage of electric face cleanser for personal use is increasing in households. The availability of personal care products in the market for regular use has encouraged consumers for daily usage to protect the skin from damage caused by air population, dust, and direct contact of sun rays on the skin. The use of personal care products by global consumers for personal use holds a major share in the Electric Face Cleanser Industry.

Based on the distribution channel, offline segment held the major share in the market. Online sales channel are virtual stores where goods & services do not require any physical space and are sold through websites or applications. Easy accessibility, heavy discounts, and offers on cosmetics & personal care products provided by these online platforms boost the growth of the market, thus becoming a popular medium for the purchase of electric face cleanser products.

Consumers’ skincare routine has changed by the growing perception of the risk associated with COVID-19. Consumers avoided purchasing cosmetics to focus on acquiring the necessities that were required to survive in the present pandemic crisis, which has a direct impact on the growth of the overall personal care and cosmetics sector, thus hindering the electric face cleanser market growth.

The major key players in the market are:

• L’Oréal S.A.
• Amore Pacific Corp
• Hitachi Ltd
• Conair Corp
• Clinique Laboratories
• Koninklijke Philips N.V.
• Guthy-Renker
• Panasonic Corporation
• Foreo
• The Procter & Gamble Company
• Beurer GmbH
• The Proactiv Company LLC.

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Key Benefits For Stakeholders:

• This report provides a quantitative analysis of the Electric Face Cleanser Industry segments, current trends, estimations, and dynamics of the electric face cleanser market analysis from 2021 to 2031 to identify the prevailing electric face cleanser 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 Electric Face Cleanser Market Size and segmentation assists to determine the prevailing Electric Face Cleanser Market Opportunity.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

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