Ayurvedic Herbs Market size is supported by a CAGR of 10.8% during the forecast period

The Ayurvedic Herbs market is expected to witness significant growth due to rising health awareness among consume and Impacts of COVID-19 on the health products sector. Moreover, increasing demand for immune-boosting Ayurvedic medicines and supplements is anticipated to boost the overall revenue of the industry.

Ayurvedic herbs Market by Herb type, Form, Disease Indication, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2028,

The global Ayurvedic herbs market size was valued at $9.5 billion in 2020 and is anticipated to reach $21.6 billion by 2028, with a CAGR of 10.8% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $12 billion from 2020 to 2028. The Ayurvedic herbs market growth is propelled by rise in consumer health consciousness and improved distribution network. Consumers are prepared to pay more for those products that provide health advantages, and this awareness is expected to be a driver for the Ayurvedic herbs products market development. Ayurvedic Herbs and its products are still in nascent stages in various western countries such as Argentina, Canada, and Peru along with other developing regions. These are still untapped, which present lucrative Ayurvedic herbs market opportunities for manufacturers of Ayurvedic herbs products. 

Growing attention to alternative medicine is creating opportunities and Ayurvedic herbs market trends for the natural ingredients in coming years. There is an opportunity for suppliers of natural ingredients in developing countries, especially since some ingredients are not grown in Europe. Turmeric, for example, is indigenous to South Asia and is now finding applications in supplements and in medical products. Like turmeric, many other botanicals and essential oils used in natural health products simply cannot be grown in Europe.  

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According to the Ayurvedic Herbs market analysis, the market is segmented on the basis of herb type, form, disease indication, distribution channel, and region. Based on herb type, the market is categorized into Withania Somnifera (Ashwagandha), Frankincense (Boswellia), Indian Gooseberry (Triphala), Bacopa Monnieri (Brahmi), Turmeric, Cumin, Bitter Melon, Others.

Withania Somnifera (Ashwagandha) are widely used globally and is one of the prime herb types for Ayurvedic herbs; thus, is expected to influence the overall Ayurvedic herbs industry. The Withania Somnifera segment was valued at $2.3 billion and is expected to grow with a CAGR of 10% from 2021 to 2028, to reach $5.0 billion by 2028.

By form, the capsules/tablets segment held a major Ayurvedic herbs market share in 2020, and is expected to remain dominant throughout the forecast period. This is due to the rise in consumer demand for healthy and clean-label herbal products.

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Based on disease indication, the skin diseases segment held a major share of the Ayurvedic herbs market in 2020. This is attributed to rise in spending on Ayurvedic products herbs for the treatment of the skin.

The business to consumer channel including the hypermarkets/supermarkets segment was the leading channel with maximum share in 2020, growing with significant CAGR during the Ayurvedic herbs market forecast period. This is attributed to increase in business of retail sales in different regions and availability of large shelf space for maximum sales.

Region wise, Asia-Pacific was the prominent region in 2020, garnering maximum share in the Ayurvedic herbs market, owing to huge consumer base and increase in population. Moreover, the region hold the major share owing to rich tradition of herbal medicine led by India, Sri Lanka, Pakistan, Indonesia, among others.

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The key players profiled in this report include are Colgate-Palmolive Company, Dabur India Ltd., Emami Limited, Kairali Ayurvedic Group, P&G, Patanjali Ayurved Limited, Shahnaz Ayurveda Pvt. Ltd, Shree Baidyanath Ayurveda Bhawan Pvt. Ltd, The Himalaya Drug Company, and Unilever.

Key findings of the study    

  • Based on herb type, The Withania Somnifera segment was valued at $2.3 billion and is expected to grow with a CAGR of 10% from 2021 to 2028, to reach $5.0 billion by 2028.
  • Based on form, Extracts segment witness a major annual growth rate of 10.9%.  
  • Based on disease indication, the skin diseases held the major share and is expected to remain dominant throughout the forecast period.
  • Based on distribution channel, Business to consumer held the major share of 64.9% in 2020.
  • Region wise, North America witnessed a major annual growth rate of 11.5%.

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.

Refurbished Medical Equipment Market Qualitative Insights on Application & Outlook by Share, Future Growth

Purchasing refurbished medical equipment is becoming an attractive option for most of the hospitals and diagnostic centers. Now-a-days most of the diagnostic, therapeutic, and patient monitoring medical equipment such as AEDs, defibrillators, ECGs, vital sign monitors, pulse oximeters, spirometers, ventilators, IV pumps, and respiratory devices can be acquired as refurbished equipment at a reduced cost.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

The key players operating in the refurbished equipment market includes Agito Medical A/S, Block Imaging, DRE Medical, Inc., Everx Pvt Ltd., General Electric Company, Integrity Medical Systems, Koninklijke Philips N.V., Radiology Oncology Systems, Inc., Siemens AG, and Soma Technology.


𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/2003


𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

  • This report provides an extensive analysis of the current and emerging market trends and dynamics in the global refurbished medical equipment market.
  • Comprehensive analysis of geographical regions is provided to determine the prevailing opportunities in the global refurbished medical equipment market.
  • This study provides the competitive landscape of the global refurbished medical equipment market to predict the competitive environment across geographies.
  • This report entails the detailed quantitative analysis of the current market and estimations from 2020 to 2028 to identify the prevailing opportunities.
  • Comprehensive analysis of factors that drive and restrict the refurbished medical equipment market growth is provided in the report.
  • Region- and country-wise digital refurbished equipment market conditions are comprehensively analyzed in the report to understand the regional trends and dynamics.


𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/2003

The global refurbished equipment market is expected to witness significant growth during the forecast period due to a large patient population base suffering from chronic diseases such as cancer and cardiovascular diseases worldwide and an increasing demand for low-cost medical devices due to budget constraints in developing nations. In addition, the factors such as an increasing number of private hospitals which purchase refurbished devices due to budget constraints, unfavorable reimbursement scenarios for various medical treatments, and increasing initiatives taken by the leading medical device manufacturers to establish refurbished facilities in developed and developing countries have fueled the demand for refurbished equipment. However, reluctance to purchase refurbished medical devices due to the lack of awareness about the benefits of these devices and lack of standardization of policies related to the sale and use of refurbished medical devices hamper the refurbished medical equipment market growth.

About Us

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

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

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What Is The Market Size Of The Worldwide 3D Printing Ceramic Market Industry?

Allied Market Research recently published a report titled, “3D Printing Ceramic Market by Type (Technical Ceramic and Classic Ceramic), Form (Filament, Powder, and Liquid), and End-User Industry (Aerospace & Defense, Healthcare, Automotive, Electronics, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027”. According to the report, the recent technological advancements and launch of new products have a significant influence on the growth.  The report includes a detailed analysis of the market trends, major driving factors, prime market players, and top investment pockets. It is vital for new market entrants, stakeholders, and shareholders to make informed decisions about their investments. The report includes a comprehensive analysis of market dynamics such as drivers, restraints, and opportunities. 

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The report includes an overview of the market along with a SWOT analysis of key market players and Porter’s Five analysis to understand their market presence. Moreover, the report offers financial analysis, portfolio analysis, and business overview of the companies which helps stakeholders understand the long-term profitability of the industry. The report includes the latest market developments such as new product launches, partnerships, expansions, and mergers & acquisitions.

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The 3D Printing Ceramic market study offers detailed research on driers, restraints, challenges, and opportunities in the market. In-depth knowledge about key drivers of the market helps in understanding market dynamics and how they can affect market growth. The restrains and challenges are offered in the report and are instrumental for market investments. Moreover, technological advancements and increased demand are anticipated to create new opportunities in the market. The market is anticipated to significant growth during the forecast period.

The report covers the qualitative and quantitative study of historic and forecast periods along with insights on recent market developments and business strategies. The report offers a detailed summary, ongoing market trends, and future estimations to help new market entrants formulate profitable business strategies.

Apart from this, the report includes several tools that establish market growth. The SWOT analysis offers a detailed understanding of the key determinants of market growth, which is essential for recognizing the upcoming opportunities in the market. Moreover, the market report includes Pestel analysis that offers industry-related data and information in tabular format. This information is essential to understand positive and negative attributes that can affect the global 3D Printing Ceramic market. In addition, the report includes Porter’s Five analysis to focus on those factors that may benefit the company in the long run.

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The global 3D Printing Ceramic market report outlines the upstream raw materials, marketing channels, downstream customer surveys, and industry development trends to provide detailed information about major manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.

The 3D Printing Ceramic industry is studied on the basis of geography along with the competitive landscape in every region. The report targets North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to devise business strategies and how to react to new lucrative opportunities.

The 3D Printing Ceramic market report provides in-depth information on the segmentation of the market. The report includes a thorough analysis of sales, revenue, growth rate, and market shares of each segment during both the historic period and forecast period. To understand the segmentation, the report offers charts and tables as well.

The Covid-19 pandemic had an unprecedented impact on the growth of the global 3D Printing Ceramic market. The country-wide lockdown in Europe and Asia and ban on international travel have disrupted the supply chain and revenue chain. The report offers a detailed analysis of the Covid-19 pandemic and its effect on the growth of the global 3D Printing Ceramic market.

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The 3D Printing Ceramic market report includes an analysis of the top 10 market players that are active in the market. The study includes sales, revenue analysis, and production of these companies. The prime market players are The ExOne Company, Prodways Group, Voxeljet AG, Admatec Europe B.V., Sintokogio Ltd., Kwambio Inc., Lithoz GmbH, Steinbach AG, Tethon 3D, EnvisionTEC Inc.. These market players have adopted several business strategies such as mergers & acquisitions, new product launches, partnerships, and collaborations to maintain their foothold in 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. 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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Trauma Devices Market Qualitative Insights on Application & Outlook by Size, Share, Future Growth

Trauma devices are one of the various clinical procedures used for the treatment of trauma based upon the severity of injury. Trauma refers to any kind of physical injury such as fractures, dislocations, sprains & strains and burns caused by any external source. According to Center for Disease Control and Prevention, Trauma is an injury or wound to a living individual caused by due to violence or external force. These devices are used in case of fractures, especially in the long bones.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

Key players in this market include Arthrex, Inc., CONMED Corporation, DePuy Synthes (Johnson & Johnson), Smith & Nephew plc, Stryker Corporation, Integra Lifesciences Holdings Corporation, Zimmer Biomet Holdings, Inc., Bioretec Ltd., Wright Medical Group N.V. and Advanced Orthopaedic Solutions, Inc..


𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/1543


𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

  • The study provides an in-depth analysis of the world trauma devices market with current trends and future estimations to elucidate the imminent investment pockets.
  • The report provides a quantitative analysis from 2014 to 2022, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
  • Extensive analysis by application helps in understanding the various types of devices used.
  • Competitive intelligence highlights the business practices followed by leading players across various regions.
  • Comprehensive analysis of all geographic regions are provided that helps in determining the prevailing opportunities in these geographies.
  • Key market players within the world trauma devices market are profiled in the report and their strategies are analysed thoroughly, which helps in understanding competitive outlook of the global market.
  • Extensive analysis of the market is conducted by closely following key product positioning and monitoring the top contenders within the market framework.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/1543

Increase in the aging population which is highly prone to osteoarthritic fractures, increasing incidence rate of osteoporosis and technological advancements such as use of orthobiologic products and biodegradable materials will drive the market growth in the coming years. In addition, increase in the number of road accidents, sports related injuries and changing lifestyle of the people will further drive the market growth. Recently, 42 million trauma cases were observed in U.S. which eventually increased the demand for trauma devices. However, high cost of trauma devices, allergy associated with internal fixation devices and chances of infection are expected to impede the market growth.

World trauma devices market is segmented on the basis of product type, composition and geography. Based on product type trauma devices are of two types: internal fixation and external fixation devices. Internal devices are further segmented as intramedullary nails, plates and screws, cannulated screws and compression hip screws. External devices are further segmented as circular fixation, unilateral fixation and hybrid fixation devices. By composition, trauma devices can be classified into metallic fixators and bioabsorbable fixators. The geographical classification includes North America, Europe, Asia-Pacific and LAMEA regions.

The major players have adopted acquisition and merger as their key developmental strategy to sustain the intense competition in the market. For example: Zimmer acquired Biomet on 24 April 2014 to form Zimmer Biomet Holdings, Inc. Apart from this, Wright Medical Group, Inc. and Tornier N.V. merged together to form Wright Medical Group N.V. to enhance their product offerings for trauma devices.

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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Nanochemicals Market Size to Reach $8.3 Billion by 2028 | CAGR: 4.3%: AMR

As per the report published by Allied Market Research, the global nanochemicals market generated $5.4 billion in 2020, and is expected to reach $8.3 billion by 2028, growing at a CAGR of 4.3% from 2021 to 2028.

Rise in demand for nanochemicals in electronics and semiconductors applications and growth of paints & coatings industry in Asia-Pacific drive the growth of the global nanochemicals market. However, low availability of raw materials hinders the market growth. On the contrary, advancements in technology are expected to open lucrative opportunities for the market players in the future.

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Covid-19 scenario:

  • The Covid-19 outbreak had a somewhat positive impact on the nanochemicals industry as huge investments were made for vaccine development and determining ways to treat the Covid-19 patients.
  • However, the prolonged lockdown disrupted the supply chain and created a shortage of raw materials and workforce.

The report segments global nanochemicals market on the basis of type, product, and region.

Based on type, the polymer nanochemicals segment is projected to register the highest CAGR of 4.8% during the forecast period. However, the ceramic nanochemicals segment held the lion’s share in 2020, accounting for more than one-third of the market.

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On the basis of product, the pharmaceutical segment dominated the market in terms of revenue in 2020, contributing to more than one-fourth of the market. However, the semiconductor & electronics segment is anticipated to register the highest CAGR of 4.9% during the forecast period.

The global nanochemicals market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is expected to showcase the highest CAGR of 4.6% during the forecast period. However, the market across North America held the largest share in 2020, accounting for nearly two-fifths of the market.

The global nanochemicals market includes an in-depth analysis of the prime market players such as DuPont, BASF SE, Huntsman Corporation, Evonik Industries AG, Mitsubishi Chemical Holding, Merck KGaA, Sumitomo Corporation, SABIC, Solvay S.A., and Thermo Fischer Scientific.

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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.

Contact:

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Induced Pluripotent Stem Cells Market New Opportunities, Top Trends, Rising Demand, Emerging Growth, Business Development

Pluripotent stem cells are embryonic stem cells that have the potential to form all adult cell types and help in repairing of damaged tissues in the human body. An induced pluripotent stem cells, or iPSCs, are taken from any tissue (usually skin or blood) from a child or an adult and is genetically modified to behave like pluripotent stem cells or embryonic stem cells.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

Comprehensive competitive analysis and profiles of major market players such as Fujifilm Holding Corporation, Astellas Pharma Inc., Fate Therapeutics, Inc., Bristol-Myers Squibb Company, ViaCyte, Inc., Celgene Corporation, Aastrom Biosciences, Inc., Acelity Holdings, Inc., StemCells, Inc., Japan Tissue Engineering Co., Ltd. and Organogenesis Inc. is also provided in this report.


𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/1524


𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

  • Comprehensive analysis of factors that drive and restrict the growth of the global iPSCs market is provided in the report.
  • The projections in the report are based on the current market trends and future market potential in terms of value for the period of 2020-2028.
  • Exhaustive analysis of the world iPSCs market by technique helps in understanding the different techniques of iPSCs that are currently used along with the variants that would gain prominence in future.
  • Competitive intelligence of leading manufacturers and distributors of iPSCs helps in understanding the competitive scenario across various geographies.
  • The key players operating in the global induced pluripotent stem cells market along their growth strategies have been provided in the report to understand the competitive outlook of the market.
  • Analysis of current research and clinical developments within iPSCs market is provided with key market dynamic factors that helps in understanding the behavior of the market

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/1524

Induced pluripotent stem cells market is in emerging state mainly due to its ability to make any cell or tissue the body might need to encounter wide range of diseases like diabetes, spinal cord injury, leukaemia or heart disease, these cells can potentially be customized to provide a perfect genetic match for any patient. Furthermore, these cells are very useful in understanding the earliest stage of human development and offer the opportunity to create customized, rejection-proof cells and tissues for transplantation. Also, government and private sectors are increasing funding and growing industry that focuses on different research work related to iPSCs and people are getting more aware about the stem cells through different organisations. However, factors such as high cost associated with the reprograming of cells, ethical issues and lengthy processes are impeding the induced pluripotent stem cells market growth. Low efficiency, potential tumor risk and incomplete programming are added factors limiting iPSCs market growth.

The global iPSCs market has been segmented based on derived cell type, application, end-user and geography. Based on derived cell type, the market is segmented into hepatocytes, fibroblasts, keratinocytes, amniotic cells and others. Based on application, the market is segmented into academic research, drug development and toxicity testing and regenerative medicine. Based on end-user, the market is segmented into hospitals and research laboratories. The market is analyzed on the basis of four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

Product launch, collaboration & merger, and acquisition are the key strategies adopted by market players. Healthcare giant such as Fujifilm Holding Corporation has acquired Cellular Dynamics International, Inc. in March 2019 creating a high growth in iPSCs market. Also, Juno Therapeutics and Fate Therapeutics collaborated to improve the products 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. 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.

Contact:

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Styrenics Market to Garner $134.9 Billion, Globally, By 2030 at 5.9% CAGR, Says Allied Market Research

Allied Market Research published a report, titled, “Styrenics Market By Wattage (Low Power, Medium Power, and High Power), Spectrum (Narrow and Broad), Installation Type (New Installation and Retrofit), and Application (Indoor Farming, Commercial Greenhouse, Vertical Farming, Turf and Landscaping, Research, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.” According to the report, the global styrenics industry generated $76.6 billion in 2020, and is expected to garner $134.9 billion by 2030, witnessing a CAGR of 5.9% from 2021 to 2030.

Prime determinants of growth

Rising demand in the application of the wind energy, surge in application in automobile industry, and growth in demand for various plastic in consumer sector drive the growth of the global styrenics market. However, surge in environment and healthcare concerns hinder the market growth. On the other hand, rapid development of infrastructure in developing countries presents new opportunities in the coming years.

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Covid-19 Scenario

  • The styrenics market witnessed a negative impact of the covid-19 outbreak. The lockdown resulted in suspension of production facilities and disruptions in the supply chain.
  • Furthermore, declined demand from the end-using industries including automotive, construction, and consumer owing to closure during lockdown led to decreased sales of the market.
  • Nevertheless, the implementation of vaccination drives and relaxations of government regulations across the globe are assisting the market in reviving.

The polystyrene segment to maintain its lead position during the forecast period

Based on polymer type, the polystyrene segment contributed to the highest share in 2020, holding nearly one-third of the global styrenics market, and is estimated to maintain its lead position during the forecast period. The increase in demand for various disposable household products, electronic gadgets, and automobile has increased the demand for polystyrene market. However, the styrene butadiene rubber segment is estimated to register the highest CAGR of 6.5% from 2021 to 2030. The SBR has various applications in automobile industry as a pneumatic tire, in construction sector as a waterproofing, sealing and binding agent. It is also used as a binder in li-ion batteries.

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The automotive segment to maintain its dominant share during the forecast period

Based on application, the automotive segment held the highest share in terms of revenue in 2020, accounting for around one-third of the global styrenics market, and is projected to maintain its dominant share during the forecast period. This is attributed to the increase in demand of various transport vehicles especially in personal vehicle and industrial trucks, forklifts and other. However, the building and construction segment is projected to manifest the largest CAGR of 7.5% from 2021 to 2030, owing rapid growth in population and increase in demand for various constructional activities around the world.

Asia-Pacific, followed by North America, to grow at the fastest CAGR

Based on region, Asia-Pacific, followed by North America, is estimated to witness the fastest CAGR of 6.7% during the forecast period. In addition, the region has also accounted for the highest market share in 2020, contributing to nearly half of the global styrenics market, and is expected to maintain its leadership status by 2030. This is due to investments in developing variety of infrastructure such as transport, smart cities, and food storage in this region.

Leading Market Players

  • Royal DSM
  • Sabic
  • The Dow Chemical Company
  • Total SA
  • Repsol SA
  • Asahi Kasei Corporation
  • BASF SE
  • Bayer Material Science
  • ENI S.P.A
  • Ineos Group AG

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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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Phthalic Anhydride Market Size to Reach $5.6 Billion by 2030 | CAGR: 4.2%: AMR

As per the report published by Allied Market Research, the global phthalic anhydride market was pegged at $3.7 billion in 2020, and is expected to reach $5.6 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030.

Rise in use of phthalic anhydride in manufacturing of alkyd resin and plasticizers, increase in consumption of alkyd resin in the paints and coatings industry, and surge in construction activities in Asia-Pacific region drive the growth of the global phthalic anhydride market. However, harmful effects of phthalates due to their toxicity and development of bio-based alternative of phthalic anhydride hinder the market. On the contrary, increase in need for polyester polyols and rise in use of glass fiber-reinforced polymers are expected to open lucrative opportunities for the market players in the future.

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Covid-19 scenario:

  • Due to the Covid-19 outbreak and strict regulations imposed by the government, the paints & coating manufacturing facilities have been shut down. The demand for phthalic anhydride decreased significantly.
  • Moreover, phthalic anhydride is widely used in the production of plasticizers. However, amid lockdown across several countries, the constriction of residential, commercial, and industrial projects was suspended. Thus, the demand for PVC products that are used in flooring, plumbing, and wiring also reduced.
  • The automotive industry took a big hit due to the Covid-19 pandemic. The demand for automotive decreased significantly due to the adoption of work from home culture. Thus, the manufacturing volume of dashboards and other automotive body parts was reduced.

The report segments the global phthalic anhydride market on the basis of process, application, end-use industry, and region.

Based on application, the plasticizers segment held the lion’s share in 2020, accounting for more than half of the market. However, the alkyd resins segment is projected to manifest the highest CAGR of 5.5% from 2021 to 2030.

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On the basis of end-use industry, the paints & coatings segment is expected to register the highest CAGR of 5.2% during the forecast period. However, the building & construction segment dominated the market in 2020, contributing to more than one-third of the market.

The global phthalic anhydride market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the largest share in 2020, accounting for more than half of the market. Moreover, the region is anticipated to portray the highest CAGR of 4.5% during the forecast period.

The global phthalic anhydride market includes an in-depth analysis of the prime market players such as Nan Ya Plastics Corporation, BASF SE, Asian Paints Ltd., Exxon Mobil Corporation, I.G. Petrochemicals Ltd., C-Chem Co. Ltd., Mitsubishi Gas Chemicals Co. Ltd., Koppers Inc., Stepan Company, Polynt Spa, UPC Technology Corporation, and Thirumalai Chemicals Ltd.

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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.

Contact:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

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California Industrial Degreasing Solvents Market Size to Reach $8.9 Million by 2027 | CAGR: 2.8%: AMR

According to the report published by Allied Market Research, the California industrial degreasing solvents market generated $7.1 million in 2019, and is expected to reach $8.9 million by 2027, witnessing a CAGR of 2.8% from 2020 to 2027. The report offers a detailed analysis of changing market dynamics, competitive scenario, top segments, key investment pockets, value chain, and regional landscape.

Rise in average age of vehicles and surge in demand for water-based degreasers drive the growth of the California industrial degreasing solvents market. However, increase in environmental and health concerns regarding solvent-based degreasers hinders the market growth. On the other hand, emergence of the electronics sector presents new opportunities in the coming years.

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Covid-19 Scenario:

  • Manufacturing activities of different types of products stopped partially or completely due to lockdown imposed by governments in many countries. In addition, raw material shortage occurred.
  • As daily operations in the end-use industries such as paints, coatings, automotive, and others halted, the demand for industrial degreasing solvents reduced. However, the demand would grow steadily during the post-lockdown.

The report offers detailed segmentation of the California industrial degreasing solvents market based on product and end-use industry.

Based on product, the oxygenated degreasing solvent segment accounted for the highest market share in 2019, contributing to more than two-fifths of the total market share, and is estimated to maintain its leadership status during the forecast period. However, the green degreasing solvent segment is expected to manifest the highest CAGR of 4.4% from 2020 to 2027.

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Based on end-use industry, the automotive repair and maintenance segment held the highest share in 2019, accounting for more than one-fifth of the California industrial degreasing solvents market, and is projected to maintain its lead position during the forecast period. However, the pharmaceutical and medicine manufacturing segment is expected to witness the fastest CAGR of 4.2% from 2020 to 2027.

Leading players of the California industrial degreasing solvents market analyzed in the research include BASF SE, Royal Dutch Shell Plc, RB Products, Inc., Jayne Products, Wego Chemical Group, CRC Industries, Inc., Keteca Water Works, LyondellBasell Industries N.V., Columbus Chemical Industries, Honeywell International Inc., Dow Inc., Arkema, and Eastman Chemical Company. 

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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.

Contact:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

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Managed Print Services Market Share Accelerating at a Rapid Pace due to Innovative Strategies 2025

Significant reduction in operational cost, enhanced information security, increase in adoption of big data solutions, and growing initiatives to lower wastage of plastic at workplaces drive the growth of the global managed print services market.

However, recurring costs and strategic agreements & partnerships impede market growth. Nonetheless, surge in print security spending and rise in adoption of cloud MPS would provide lucrative opportunities to emerging market players in the near future.

Based on type, the device management segment held the major market share in 2017, contributing for nearly more than one-third of the total market share and is expected to continue its dominating position throughout during the forecast period.

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This is due to rise in adoption of these solutions for enhancing the network performance for printing devices, optimizing the efficiency, and control of costs. However, document imaging market is expected to grow at the largest CAGR of 13.4% from 2018 to 2025, owing to increase in demand for big data management and analytics in organizations.

Based on deployment mode, the hybrid cloud segment contributed nearly three-fifths of the total share in 2017 and is expected to maintain its lead position throughout the forecast period.

This segment is expected to grow at a CAGR of 11.5% from 2018 to 2025. It is a lucrative segment, owing to demand for cloud-based MPS to lower the cost of printing and shift towards novel solutions to support mobility, improve security, and make efficient business workflows. The research also analyzes the on-premise deployment model.

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North America contributed more than two-fifth of the total share in 2017 and is projected to maintain its dominant share throughout the forecast period. This is due to the presence of leading manufacturers, supportive government regulations, and increase in number of startups in this region.

However, Australia in Asia-Pacific is expected to register the highest CAGR of 14.0% from 2018 to 2025, owing to surge in retail & consumer goods startups in nations such as China, India, and Japan.

Leading market players analyzed in the research include Xerox, HP Inc., Toshiba, Lexmark International, Inc., Ricoh Company, Ltd., Canon Inc., Konica Minolta, Inc., Sharp Electronics, Kyocera Document Solutions, and ARC Document Solutions.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into 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. 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.

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. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:             
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
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