A Market Place Research – Page 2447

Protein Stability analysis Market Rising by number of pharmaceutical and biotech organizations with innovative drug development

Protein stability analysis is a crucial step during development of a drug, and plays a lead role stretching right from active pharmaceutical ingredient (API) development up to the product validation. Majority of big names in pharmaceutical industry are upfront in implementing these techniques for evaluation of the quality of the product and enhancing effectiveness and efficacy of the product which is tested in various extreme conditions.

The report provides a detailed global Protein Stability analysis Market analysis based on competitive intensity and how the competition will take shape in coming years.

The pharmaceutical sector is experiencing tremendous growth. The sector has grown exponentially from $ 100 billion in 2017 to $ 1.2 trillion and is expected to reach $ 1.5 trillion by 2023 growing at a CAGR of 4-5%, as the spend on healthcare globally was 10.4% of total GDP in 2016 and this number would go on increasing with 10.5% spent in 2020. Alone India accounts for more than 3000 drugs companies and 10500 manufacturing units while China accounts for 3 to 6 thousand domestic pharmaceutical manufacturers. These stats point towards the immense opportunity for Protein Stability in pharmaceutical industry.

Sample Report with Latest Industry Trends @ https://www.alliedmarketresearch.com/request-sample/8480

Key segments covered:

Product Type

Assay kits and Reagents
Instruments
Software

Technique

Differential Scanning Calorimetry (DSC)
Differential Scanning Flourimetry (DSF)
Dynamic Light Scaterring (DLS)
Chromatograghy
Other techniques

for purchase enquiry click here https://www.alliedmarketresearch.com/purchase-enquiry/1774

Key Companies covered : Agilent Technologies, Inc., GE Healthcare, Enzo Biochem Inc., Thermo Fisher Scientific Inc., PerkinElmer Inc., NanoTemper, Malvern Panalytical Ltd., HORIBA, Ltd., Unchained Labs and SETARAM Instrumentation.

Increasing number of Contract Research Organizations (CRO) and Contract Research Manufacturing Organizations (CRMO):

Outsourcing has been in business since long in the drug development and manufacturing industry as an expansion strategy to increase productivity in drug development, R&D of new products and to cut down the drug development and manufacturing costs. The exponential increase in the number of these contract research service providers has contributed to making protein characterization more efficient and affordable. In order to support the research of pharmaceutical firms, Contract research organizations (CROs) possess expertise in advanced technology processing and instrumentation capabilities through all phases of drug development.

Key benefits of the report:

This study presents the analytical depiction of the global protein stability analysis industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Protein Stability analysis Market share.
The current market is quantitatively analysed from 2020 to 2027 to highlight the global protein stability analysis market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Protein Stability analysis Market.

Request for Customization of this Report @ https://www.alliedmarketresearch.com/request-for-customization/8480

Questions answered in the Protein Stability Analysis Market research report:

Who are the leading market players active in the protein stability analysis market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the protein stability analysis market?
What are the projections for the future that will help in taking further strategic steps?

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.

LTE Base Station System Market is Expected to Reach $234.50 Billion by 2030

Increased demand for high-speed broadband services and a rise in consumer awareness of IoT applications such as connected homes & automobiles have boosted the growth of the global LTE base station system market.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/2677

However, stringent norms for telecom operators in several countries and lack of availability of compatible devices hamper the market growth. On the contrary, the growth of the overall telecom market is expected to create lucrative opportunities in the near future.

According to the report, the global LTE base station system market accounted for $25.86 billion in 2017 and is projected to garner $71.98 billion in 2023, registering a CAGR of 18.6% during the forecast period.

Residential and SOHO dominated the global market in 2016, and is expected to remain dominant during the forecast period, owing to the increase in demand for high data transfer rate from customers. Furthermore, the enterprise segment is expected to grow at the highest CAGR during the forecast period.

The global LTE base station system market was led by the North America segment in 2016, and the segment is projected to maintain its dominance during the forecast period.

However, the Asia-Pacific segment is expected to witness the highest growth, owing to the growth in adoption of LTE base station system by many telecom operators to provide high-speed broadband services.

Some of the key players operating in the aviation analytics market that are profiled in the report include Ericsson AB, Huawei Technologies Co., Ltd., Nokia Corporation, ZTE Corporation, Alpha Networks Inc. AT&T Inc., Airspan, Cisco Systems Inc., CommScope Inc., and Motorola Solutions.

KEY FINDINGS OF THE STUDY

The TDD-LTE segment is expected to exhibit significant increase in the global LTE base station system market during the forecast period.
In 2016, the residential and SOHO segment accounted for the highest revenue among the other end user in the industry.
North America segment generated the highest revenue in 2016.
Asia-Pacific is anticipated to exhibit substantial growth during the forecast period.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2677

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.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

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.

Similar Reports:

5G Base Station Market

2. Asia Pacific LTE Market

About Us:

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

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, 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.

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
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

Virtual Currency Market Top Companies, Business Growth & Investment Opportunities

Increase in proliferation of malicious software and recognition of virtual currencies by the developed countries drive the market. However, security issues and lack of financial measures in standardizing the virtual currencies restrain virtual currency market growth.

The less developed financial infrastructure of countries having high smartphone usage, for instance, in Kenya, half of the national GDP is operated by digital currency is opportunistic for the market.

The global virtual currency market is segmented based on type and region. On the basis of type, it is divided into Bitcoin, Litecoin, Dash, Peercoin, Dogecoin, and Primecoin. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/2840

Key players operating in this market are Coinbase, Elliptic, Ripple, Bitpay, Safello, Xapo, milliPay Systems, CoinJar, GoCoin, and Unicoin.

Key Benefits

The study provides an in-depth analysis of the global virtual currency market and current & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restrains, and opportunities and their impact analysis on the market size are provided.
Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2017 to 2023 is provided to determine the market potential.

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.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2840

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Similar Reports:

Currency Exchange Software Market

2. Cryptocurrency 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.

Cloud Billing Market Overview: By Key Factors, Scope, Drivers, During 2022 – 2029

There are several drivers, restraints and opportunities shaping the future of cloud billing market worldwide. The modernization of the billing systems backed by companies understanding, the need for strengthening consumer satisfaction indicates, that the market has a bright future.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/739

Enterprises are now parting ways with their traditional systems and blending cloud technology into it. Growing business needs and ever-changing customer preferences have resulted in the adaption of effective business models to re-define agility.

The key elements hindering the progress of the industry are on going maintenance and time consumption. Capability to provide usage based pricing plans paired with lean system that tracks resource utilization and complexities in billing related with cost as well as metering, are creating new opportunities for the business.

Furthermore, the cloud billing market is segmented in terms of applications, types, deployment, geography, service providers and industries. The market by types consists of cloud service billing, metered billing, embedded billing and others. Popular applications of cloud billing include customer management, customer management etc.

Besides this, service providers serving the market are segmented into managed service providers, cloud service providers and others. The major deployment models such as public cloud, hybrid cloud as well as private clouds have contributed greatly to the expansion of the cloud billing market.

Business vertical such as BFSI, Healthcare, Information Technology etc. depend greatly on this technology. Strong presence of the technology is felt in regions including Latin America, Europe, North America, Asia Pacific, Middle East as well as Africa.

Cloud billing companies are seen expanding their business by adding new products to their existing portfolio. Proven business strategies such as acquisitions, collaborations etc. are helping many companies put forth their brand value successfully. Enterprises are investing generously to maintain a competitive edge in the market.

The list of most prominent cloud billing market players includes Amazon Web Services, Aria Systems,Cerillion Technologies,BMC Software, CSG International, Computer Scie, CGI Group,Blusynergy, Amdocs, Blulogix, Comarch and others.

Key Benefits For Stakeholders

The cloud billing market research study offers an in-depth examination of the present and newtrends with a special focus on the business environment worldwide.
A comprehensive assessment of the major drivers, restraints and opportunities influencing cloud billing market growth are thoroughly studied.
Market status and business performance in regions such as North America, Europe, Asia Pacific, etc. are also discussed in the cloud billing market research report.
The research further weighs up on the critical business imperatives such market dynamics, cost, import and export status and others.
This research entails a comprehensive, qualitative evaluation of effective marketing and branding initiatives backed by major brands.
Comprehensive assessment of the strengths, weaknesses, opportunities and threat faced by major vendors are also covered by the report.
The data in the study is completely based on the recent news and policies.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/739

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.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Related Reports:

Telecom Billing Software Market

2. Cloud CRM Market

About Us:

Lifecycle Services Orchestration Market Demand and Production with Growth Forecast 2022 – 2029

Increase in on-demand network connectivity with greater user control among enterprises drives growth of the market. However, lack of technical expertise regarding automation hampers the market growth.

Furthermore, rise in adoption of various advanced technologies such as machine to machine communication and internet of things (IoT) in LSO is expected to provide lucrative opportunities for the global lifecycle services orchestration market.

The LSO market is a growing market and prominent players are adopting different strategies such as expansion of their services, new product launches, collaborations, partnerships, and mergers to increase their customer base.

For instance, in May 2019, MEF in North America started developing LSO (Lifecycle Services Orchestration) specifications to automate entire lifecycle for services orchestrated across multiple technology domains and multiple provider networks within a single provider network.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/8276

Similarly, in 2018, Atrinet LTD, which specializes in Network Transitions and Multi-vendor SDN enablement and Veryx Technologies made a partnership for agile and assured lifecycle service orchestration.

North America is expected to have the largest lifecycle services orchestration market share during the forecast period, owing to the presence of developed economies such as the U.S and Canada.

These countries invest in new technologies and R&D of these services. Countries in the region are adopting advance Basic Service Set (BSS)/ Operations Support Systems (OSS) technologies at a very fast pace, which is expected to fuel the market growth in the future.

Major players include: Amdocs, Cisco Networks, Ciena Corporation, CENX, Comarch SA, Cloudify, Coriant, Dorado Software, ECI Telecom, Ericsson Inc., F5 Network, Fujitsu, Huawei Technologies, Infinera Corporation, Infinera Corporation, InfoVista, Intraway, and Juniper Networks.

Key benefits of the report:

This study presents analytical depiction of the global lifecycle services orchestration market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global lifecycle services orchestration market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the lifecycle services orchestration market.
The report provides a detailed lifecycle services orchestration market analysis based on competitive intensity and how the competition will take shape in coming years.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/8276

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.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Similar Reports:

Workflow Orchestration Market

2. Network Orchestration 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.

Cloud-Based Repository Services Market Expecting An Outstanding Growth by 2029

Surge in demand for improved data usability and quality, faster deployment, and implementation of cloud-based solutions among enterprise are the major factors that drive growth of the market.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/8273

In addition, low implementation costs of these services fuels the market growth. However, lack of skilled professionals and experts hampers the market growth.

Furthermore, adoption of cloud services and other technological advancements such as bigdata and artificial intelligence by enterprises is expected to provide lucrative opportunities for the global cloud-based repository services market.

Technological advancements such as bigdata and machine learning generates enormous amount of data, which enhances organizations to adopt cloud-based services to store the data. Cloud-based repository helps to manage such data more efficiently. This factor, in turn, boosts the market growth.

North America is expected to have the largest cloud-based repository services market share during the forecast period, owing to growth in adoption of cloud based repository services in the U.S. and Canada.

All major vendors of cloud-based repository services are present in the region, which further fuels the market growth. In addition, small & medium sized organizations have adopted cloud-based solutions to streamline their business processes, which propels growth of the market in the region.

COVID-19 Scenario Analysis:

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost all 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 global cloud-based repository services market in 2020.
The worldwide lockdown has led all businesses to shift to online mode, as a result there is huge amount of data that is being uploaded on cloud. Thus, to secure and manage data efficiently on cloud creates demand for cloud-based repository services.
Overall, the pandemic is expected to have a positive impact on the global cloud-based repository services market.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/8273

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.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Similar Reports:

Community Cloud Market

2. Cloud Services Market

About Us:

Graphene Composites Industry Size to Hit $109.4 Million By 2027

Rise in demand for lightweight materials and increase in R&D expenditure by developed and developing countries have boosted the growth of the global graphene composites market. however, high cost of graphene-enhanced composites hinders the market growth. On the contrary, surge in graphene producers is expected to open lucrative opportunities for the market players in the future.

As per the report, the global graphene composites industry was pegged at $13.1 million in 2019, and is projected to reach $109.4 million by 2027, growing at a CAGR of 37.5% from 2020 to 2027.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/10029

Covid-19 scenario:

The COVID-19 pandemic negatively affected the automobile and construction industries, which in turn, hindered the demand for graphene composites.
The pandemic impacted the chemical industry and hampered the supply chain to a greater extent, which affected the raw material procurement.
As majority of the event cancelled due to Covid-19 pandemic, the demand for graphene composites has decreased.

By product type, the polymer-based segment held the largest share in 2019, accounting for nearly half of the global graphene composites market, due to its adoption in numerous applications such as automotive, aerospace, and energy storage & generation. However, the ceramic-based segment is projected to register the highest CAGR of 38.8% during the forecast period, owing to its superior mechanical strength, high conductivity, and thermal resistance.

Get Detailed COVID-19 Impact Analysis on the Graphene Composites Market @ https://www.alliedmarketresearch.com/request-for-customization/10029?reqfor=covid

By application, the automotive segment dominated in 2019, contributing to nearly one-third of the global graphene composites market, due to high demand for lightweight vehicles, which consequently, surges the demand for graphene composites. However, the aerospace & defense segment is anticipated to register the highest CAGR of 38.3% during the forecast period, owing to increased contribution of developing regions such as APAC and LAMEA in the aerospace and defense sector.

By region, the global graphene composites market across Asia-Pacific, followed by North America, held the largest share in 2019, accounting for nearly two-fifths of the market. The region is expected to showcase the highest CAGR of 38.1% during the forecast period, owing to rise in consumer bases such as automotive, aerospace, and construction industry.

Major Market Players

Ad-Nano Technologies Pvt. Ltd. (Ad-Nano Technologies)
G6 Materials Corp (G6 materials)
Haydale Graphene Industries plc. (Haydale Graphene)
Graphene Composites (GC)
Graphene One LLC.
Graphenano Group (Graphenano)
XG Sciences
NanoXplore Inc.
Graphmatech AB (Graphmatech)
Gnanomat

Wood Vinegar Industry to Hit $6.4 Million By 2027

According to the report, the global wood vinegar industry generated $4.5 million in 2019, and is expected to reach $6.4 million by 2027, witnessing a CAGR of 7.0% from 2020 to 2027.

The rise in demand for personal care products with organic formulation and enhanced crop yield drive the growth of the global wood vinegar market. However, low awareness regarding wood vinegar hinders the market growth. On the other hand, growth in the trend of organic farming presents new growth opportunities.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/9638

COVID-19 Scenario

The outbreak of the pandemic impacted the market immensely. The prolonged lockdowns, in turn, have declined the demand for wood vinegar and suspended the supply chain and manufacturing procedures all across the world.
However, the government bodies all over the world are now assisting the industries to maintain economic benefits by issuing relaxations on the restrictions. With this, the market is anticipated to recoup soon.

Based on pyrolysis method, the slow pyrolysis segment accounted for more than two-thirds of the global wood vinegar market in 2019, and is expected to maintain its lead status during the forecast period. In addition, the segment is also projected to register the highest CAGR of 7.1% from 2020 to 2027. This is attributed to its capability of high yield at less temperature.

Get Detailed COVID-19 Impact Analysis on the Wood Vinegar Market @ https://www.alliedmarketresearch.com/request-for-customization/9638?reqfor=covid

Based on application, the agriculture segment held the highest market share in 2019, accounting for more than two-fifths of the global wood vinegar market, and is estimated to maintain its dominant share throughout the forecast period. Furthermore, the segment is projected to portray the fastest CAGR of 7.2% from 2020 to 2027. This is due to rising trend of organic farming and its benefits in agricultural applications such as enhanced yield of crop, protection from the dangerous insects and diseases, and others.

Based on region, Asia-Pacific contributed to the highest market share in 2019, accounting for nearly two-fifths of the global wood vinegar market, and is expected to maintain its leadership position by 2027. The region is also estimated to witness the fastest CAGR of 7.6% during the forecast period. This is attributed to presence of key players in the region and fast establishing consumer base. On the other hand, the North America region would grow at a CARG of 6.0% during the forecast period.

Leading market players

Applied Gaia Corporation
Ace (Singapore) Pte Ltd. (ACE)
Tagrow CO., Ltd. (Tagrow)
Sane Shell Carbon (SSC)
Shandong Toroyal Group (Toroyal Group)
New Life Agro (NL Agro)
Dongying Runyi Biological Technology Co., Ltd. (DRBT CO., Ltd.)
Nettenergy BV, DOI & CO., LTD.

Paints and Coatings Industry in Egypt Like to Reach $3.6 Billion by 2027

Increase in building & construction activities in the region and growth in demand for heat & UV resistant paints & coatings products drive the growth of the Egypt paints & coatings market. However, rise in prices of raw materials hinders the market growth. On the contrary, surge in demand for eco-friendly paints & coatings products is expected to usher an array of opportunities for the market players in the future.

As per the report published by Allied Market Research, the Egypt paints & coatings market was estimated at $2.2 billion by 2019, and is anticipated to hit $3.6 billion by 2027, registering a CAGR of 7.9% from 2020 to 2027.

Download Sample PDF (178 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/9796

Covid-19 scenario:

The prolonged lockdown during covid-19 outbreak temporarily suspended the import-export and disrupted the supply chain. In addition, the shortage of raw materials further restrained the production of paints & coatings.
However, the industry has now restarted their production facility as the government bodies have eased off the regulations. Moreover, the demand for paint & coatings is expected to recover post-pandemic.

The Egypt paints & coatings market is divided on the basis of resin type, technology, and product type. Based on resin type, the market is further segmented into acrylic resin, alkyd resin, polyurethane resin, epoxy resin, polyester resin, and others. The acrylic resin segment dominated the market with nearly one-third of the total market share in 2019, and would lead the trial throughout the forecast period. In addition, the segment is expected to manifest the highest CAGR of 8.3% during the forecast period.

Request the Covid19 Impact Analysis @ https://www.alliedmarketresearch.com/request-for-customization/9796?reqfor=covid

Based on technology, the market is divided into water-based, solvent-based, powder-based, and others. The solvent-based segment held the largest share in 2019, with more than half of the total revenue. However, the water-based segment is estimated to register the highest CAGR of 8.0% during the forecast period.

Based on product type, the market is classified into decorative paints & coatings and industrial paints & coatings. The decorative paints & coatings segment held the largest share in 2019, accounting for more than three-fourths of the market. However, the industrial paints & coatings segment is projected to portray the highest CAGR of 8.1% during the forecast period.

The Egypt paints & coatings market report includes an in-depth analysis of the key market players such as BASF SE, Akzo Nobel N.V., KAPCI Coatings, PPG Industries, Inc., PACHIN, GLC Paints, Jotun A/S, Orient Paints, MIDO Coatings, and SIPES Egypt.

Foam Plastics Industry to Cross $123.7 Billion By 2027

The global foam plastics industry generated $102.0 billion in 2019, and is projected to reach $123.7 billion by 2027, growing at a CAGR of 3.3% from 2020 to 2027.

Rise in demand for polyurethane foam in building insulation for energy conservation, consumption of polystyrene foam in construction, and comfort provided by polyurethane foam drive the growth of the global foam plastics market. However, stringent environmental regulations regarding use of flexible polyurethane foam hamper the growth of the market. On the contrary, production of bio-based polyols is expected to open new opportunities for the market players in the coming years.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/9127

Covid-19 scenario:

Building & construction, furniture & bedding, automotive, and packaging are the prime end users of foam plastics. However, the lockdown across various countries have negatively affected the growth rate of these sectors, which in turn, affected the demand for foam plastics.
The Covid-19 outbreak led to a decline in the economy due to halt of several industries, especially the supply chain and transport. This affected the demand for the product.
The disrupted supply chain, gap in demand-supply, and lack of raw materials have negatively affected the demand for foam plastics.
However, the production of foam plastics is estimated to rise steadily post-pandemic as the demand for protective packaging solutions has increased across several industries.
Manufacturers now aim to resume work in few countries including Canada, China, and India and are planning to rebound from the losses.

The polyurethane segment held the largest share

By type, the polyurethane segment held the lion’s share in 2019, accounting for more than one-fourth of the global foam plastics market. This is due to its key features such as lightweight enhanced cushioning and sealing, improved thermal insulation, environmental benefits including recyclability, reduction in wastage, and higher sustainability. However, the polyolefin segment to manifest the highest CAGR of 3.9% from 2020 to 2027, due to rise in use in various passenger car cushions, armrests, gasket seals, headrest, and cushioned instruments panels to create lightweight, durable, and fuel-efficient structure along with the scope of the broad application.

Get Detailed COVID-19 Impact Analysis on the Foam Plastics Market @ https://www.alliedmarketresearch.com/request-for-customization/9127?reqfor=covid

The automotive segment to manifest the highest CAGR through 2027

By application, the automotive segment is estimated to register the highest CAGR of 4.0% from 2020 to 2027, due to increase in economy and rise in expenditure on commercial and luxury vehicles in emerging economies such as China, India, and Brazil. However, the building & construction segment dominated the market in 2019, contributing to more than one-third of the global foam plastics market, owing to growing construction spending, particularly in the emerging markets of Latin America and Asia-Pacific.

North America to register the highest CAGR by 2027

By region, the market across North America is estimated to manifest the highest CAGR of 4.2% during the forecast period, due to expansion of the residential construction sector across the U.S., Canada, and Mexico. However, the global foam plastics market across Asia-Pacific held the largest share in 2019, accounting for nearly half of the total revenue of the market. This is due to diverse end-user industries present in the region and growth in the industrial sector in the region.

Key market players

Alchemie Ltd.
BASF SE
Covestro
Hexion Inc.
Huntsman International LLC
Repsol
Sabic
the Dow Chemical Company
Total S.A.
Wanhua Chemical Group Co., Ltd.