Poultry Feed Market Top Companies Analysis To Grow Your Business in 2031

Poultry Feed Market By Nature, By Feed Type, By Distribution Channel: Global Opportunity Analysis And Industry Forecast, 2020-2031″ The poultry feed market size was valued at $110,801.00 million in 2020, and is estimated to reach $217,717.80 million by 2031, growing at a CAGR of 6.3% from 2022 to 2031.

According to the United Nations Food and Agriculture Organization (FAO), food consumption is predicted to increase by 60% between 2010 and 2050, while animal protein demand is expected to increase by 1.7% per year. Thus, this factor is expected to contribute toward the growth of the poultry feed market during the poultry feed market forecast.

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Furthermore, the rise in animal protein consumption is projected to continue to be a major driving factor in the global poultry feed market during the forecast period. Furthermore, an increase in demand for fast food and processed foods, as well as an increase in poultry exports from Asia-Pacific, are likely to support market expansion. Furthermore, an increase in poultry consumption in North America as a result of higher beef costs is predicted to contribute toward the market growth. Government rules that make it easier to employ feed additives to improve the quality of poultry feed in countries such as China, India, and Brazil are likely to contribute to global poultry feed market growth. Furthermore, the absence of any religious implications on poultry meat that are linked with beef and pork drives market expansion. However, an increase in the prevalence of poultry diseases such as avian flu is projected to limit the market growth.

The global poultry feed market analysis is segmented based on nature, feed type, distribution channel, and region. Depending on feed type, the market is classified into complete feed, concentrates, and premix. Complete feed is a mixture of various concentrate feed ingredients in suitable proportion. Commonly used ingredients in poultry feed include grains, barley, maize, minerals and vitamins among others. This nutritional feed consists of grains, and protein supplement such as soybean meal, maize, along with added minerals and vitamins. The nutrition or feed requirement of poultry birds depend on various factors such as age, weight, rate of egg production, growth rate, and climatic condition among others. Thus, the above factors have resulted into wide variety of feed formulations. The cost of complete feed is also low mainly due to low cost of ingredient and higher production that is expected to escalate the market growth.

According to the FAO, annual meat consumption in China alone is expected to rise from 50 kilograms per capita today to 70 kg per capita by 2030. Furthermore, surge in urbanization and increase in disposable income in the region are likely to be the primary market drivers. Furthermore, an increase in government attempts to expand meat production to meet rise in food demand is likely to drive market expansion.

The key players operating in the poultry feed industry profiled in this report include Cargill Inc., Cargill Inc., Land O’Lakes, Inc., Tyson Foods, Inc., Alltech, ADM Animal Nutrition, Perdue Farms Inc., J.D. Heiskell & Co., Kent Nutrition Group, Inc., Hi-Pro Feeds, Inc., and Southern States Cooperative.

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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.

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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 us:

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Almond Oil Market Proceeds To Witness Huge Growth Over Analysis Period by 2031

Almond Oil Market by Type (Sweet Almond Oil and Bitter Almond Oil), Application (Food Preparation, Cosmetic, Pharmaceutical, and Others), and Distribution Channel (Hypermarkets & Supermarkets, Food Specialty Stores, Pharmacy, Cosmetic Discounters, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2031.” According to the report, the global almond oil industry generated $1.45 billion in 2020, and is expected to reach $5.58 billion by 2031, witnessing a CAGR of 13.0% from 2022 to 2031.

Increase in production of aromatherapy products, surge in preference toward cosmetic products containing natural ingredients, and rise of applications in the pharmaceutical industry drive the growth of the global almond oil market. However, high prices of different types of almond oils restrain the market growth. On the other hand, changes in lifestyle and supportive government regulations present new opportunities in the coming years.

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Based on type, the sweet almond oil segment contributed to the largest share in 2020, accounting for more than two-thirds of the global almond oil market, and is projected to continue its leadership status during the forecast period. This is due to treatment for skin disorders such as psoriasis and eczema and wide utilization in skincare, pharmaceutical, and color-cosmetic industries due to its unique combination of healthy moisturization and natural stability. However, the bitter almond oil segment is projected to manifest the highest CAGR of 13.7% from 2022 to 2031, owing to wide usage in aromatherapy products and its capability in cleaning bacterial growth that may potentially cause infections or diseases.

Based on distribution channel, the cosmetic discounters segment accounted for the highest share in 2020, contributing to more than one-third of the global almond oil market, and is expected to continue its lead position during the forecast period. This is attributed to availability of private label products at budgeted prices and better deals than other stores such as hypermarkets & supermarkets. However, the pharmacy segment is estimated to portray the largest CAGR of 13.9% from 2022 to 2031, owing to its usage in treatment for skin diseases such as psoriasis, more reliability than other channels, and utilization in manufacturing facial oil, body oil, massage oil, baby oil, and aromatherapy products.

Based on region, North America held the highest market share in 2020, accounting for around one-third of the global almond oil market, and is expected to maintain its dominance in terms of revenue by 2031. This is due to presence of numerous manufacturers, progressive lifestyle of the population, and supportive government initiatives to expand its investment in natural substances rather than synthetic substitutes. However, LAMEA is projected to register the fastest CAGR of 13.4% during the forecast period, owing to rise in demand for natural ingredient-based products and demand from the medical and spa & relaxation sectors.

The prominent market players are AOS Products Private Limited, Ashwin Fine Chemicals & Pharmaceuticals, Blue Diamond Growers, Inc., Caloy Quality Natural Oils, Eden Botanicals, Jiangxi Baicao Pharmaceutical Co., Ltd., Jiangxi Xuesong Natural Medicinal Oil Co., Ltd., Liberty Vegetable Oil Company, Mountain Ocean, NOW Foods, and Proteco Oils. 

Covid-19 Scenario

Manufacturing activities of almond oil stopped partially or completely due to lockdown implemented across many countries. Moreover, disruptions in the supply chain and shortage of raw materials presented challenges in carrying out manufacturing with full capacity. The demand from application industries such as pharmaceutical, cosmetic, and others rolled down significantly due to halt in day-to-day operations during the lockdown. However, the demand is estimated to grow steadily post-lockdown as daily operations begin.

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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.

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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 us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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Biopesticides Market Will Generate New Growth Opportunities By 2031 Latest Research Report

Biopesticides Market was valued at $7,012.70 million in 2020, and is estimated to reach $33,638.90 million by 2031, growing at a CAGR of 13.9% from 2022 to 2031.

Microbial pesticides (products that contain microorganisms, such as bacterium or fungus as the active ingredient) and biochemical pesticides (products that contain naturally occurring substances, such as insect sex pheromones, certain plant extracts, and fatty acids) provide several advantages to farmers. Biopesticides are competitive in both price and efficiency. Biopesticide products provide viable alternatives in situations where conventional chemical pesticides and genetically modified crops are subject to regulatory restrictions. Biopesticides comply with market-imposed requirements for pest management programs by food processors and retailers. Furthermore, biopesticides are eco-friendly and meet stringent organic farming requirements. Biopesticides are exempted from the maximum residue limit (MRL) that is applied to synthetic pesticides and are expected to encourage the development of insect, fungal, and bacterial resistance.

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One of the pillars of sustainable agriculture is an effective Integrated Pest Management (IPM) program. IPM uses biological controls (such as predatory insects), cultural practices, and chemical management to keep pest population under control. However, if a pest problem becomes serious chemicals are used. Farmer has two choices, which includes standard & synthetic product or an organic biopesticide. The main advantage of adopting biopesticides into a sustainable agricultural system is that the pesticides are environmentally safe and do not harm the soil or water supply. The adoption of biopesticides is increasing the sales which is fueling the growth of the global biopesticides market size.

Presently, biopesticides are important components in IPM programs as the availability of synthetic pesticides is declining rapidly as a result of new legislation and the evolution of resistance in pest populations. In addition, there are new biopesticides market opportunities for the development of biopesticides in IPM by combining ecological science with post-genomics technologies. These new biopesticide products are expected to give rise to new regulatory and economic challenges that must be addressed through joint working between social and natural scientists, policymakers, and the biopesticides industry.

Depending onvalue, Europe and LAMEA collectively contributed approximately 40% share of the global market in 2021. Emerging countries such as Brazil, Argentina, and Chile display a huge growth potential for this market on account of high agricultural operation and decent number of population shifting toward agricultural sector in these countries.

The biopesticides market is segmented on the basis of product type, formulation, crop type, and region. On the basis of product type, the market is fragmented into microbial, predators, and others. Depending on formulation, the market is classified into dry form and liquid form. According to corp type, the market is categorized into orchards, grazing & dry land, and field crops. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Russia Federation, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, and rest of LAMEA).

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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.

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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 us:

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 
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Retractable Awnings Market Size, Growth, Trends and Analysis by 2030

According to a new report published by Allied Market Research, titled, “Tubing Spools Market by Type, and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the global tubing spools market size was valued at $490.5 million in 2018, and is projected to reach $725.8 million by 2026, registering a CAGR of 4.9% from 2019 to 2026. 

North America is expected to be the leading contributor to the global tubing spools market, followed by Asia-Pacific, and Europe. Based on type, the single tubing spools  segment accounted for the highest market share in 2018 and is expected to witness significant growth during the forecast period, owing to its capability of supporting maximum loads.

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In terms of application, the onshore segment contributed the highest share in the market in 2018 and is expected to witness growth at a CAGR of 5.5% during the forecast period owing to technical innovations. This is expected to provide lucrative growth opportunities to the market players in developing economies. 

The major players in the market such as EthosEnergy Group Limited, Integrated Equipment, Jereh Oilfield Equipment, Weir Group, and others, have focused on business expansion and acquisition to strengthen their presence in the market. For instance, in July 2018,  Weir Group , a Scottish engineering firm acquired ESCO Corporation. The ESCO Corporation is merged with Weir Group to operate as a new division. The company deals in oil and gas drilling tool and other parts. Similarly, in April 2019, Weir Group opened new 92,000 square-foot customer service center at David Mims Business Park in New Mexico, U.S. to fulfil the growing customer demand. Moreover, in February 2019, Integrated Equipment, Inc., a manufacturer of oilfield equipment received $9 million from Veritas Financial Partners for future growth and to improve its supply chain by establishing a global support network.

The key players profiled in the report include Delta Corporation, EthosEnergy Group Limited, Integrated Equipment, Jereh Oilfield Equipment, Jiangsu Sanyi Petroleum Equipment Co., Ltd, JMP Petroleum Technologies, Inc., Msp/drilex, Inc., Uztel S.A, Sunnda Corporation, and Weir Group.

 Key Findings of the Study:

  • The report provides an extensive analysis of the current and emerging tubing spools market trends and dynamics.  
  • Depending on type, the  single tubing segment dominated the tubing spools market, in terms of revenue in 2018 and is projected to grow at a CAGR 5.6% during the forecast period.
  • By application, the onshore segment led the market in 2018.
  • North America is projected to register the highest growth rate in the coming years. 
  • Key market players within the tubing spools market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the tubing spools industry. 
  • In-depth tubing spools market analysis is conducted by constructing estimations for the key segments between 2018 and 2026. 

Get detailed COVID-19 impact analysis on the Market @ https://www.alliedmarketresearch.com/tubing-spools-market

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Boat Speedometer Market Size, Share, Trends, Growth and Forecast to 2030

According to a new report published by Allied Market Research, titled, “Global Boat Speedometer Market by Application, Type, Distribution Channel, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global boat speedometer market was valued at $353.3 million in 2020, and is projected to reach $558.5 million by 2030, growing at a CAGR of 4.6% from 2021 to 2030. In 2020, Europe dominated the global boat speedometer market accounting for 56.5% share of the market.

Boat speedometer products are largely used in marine, boats, ships, sailbaots, and yachts. A boat speedometer is a device used to measure a boat’s speed relative to water. Boat speedometer is used on submarine and surface boats. Boat speedometer is available in two display modes, analog display and digital display.

In addition, the 2022Boat Speedometer Market report outlines upstream raw materials, marketing channels, downstream customer surveys, and industry development trends that provide vital information about manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.

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The 2022Boat Speedometer Marketreport offers an in-depth study of the market on the basis of various prime parameters including sales, sales analysis, market size, and major driving factors. The study includes Porter’s five forces model, financial analysis, portfolio analysis, and business overview of services and products.

Major market players analyzed in the report:

The report includes a comprehensive study of major market players including are

Faria Beede Instruments, Inc, Veethree Group, Flir Systems Inc (Raymarine Plc), Nasa Marine Ltd, Gaffrig Performance Inc Cruzpro Limited, Autometer Products, Compx International Inc (Livorsi Marine Inc), nKe Marine Electronics, and SAN GIORGIO S.E.I.N. srl.

The study of the market players covers the company overview, price analysis, and value chain, along with portfolio analysis of services and products. These players have adopted various strategies such as partnerships, new product launches, joint ventures, and mergers & acquisitions to maintain their foothold in the market.

In addition, the report offers a SWOT analysis including information regarding driving and restraining factors of the market growth. Such statistical tools provide vital information regarding understanding lucrative opportunities in the market. The report is essential for market players and new industry entrants to devise their strategies and leverage the opportunities in the market.

The 2022Boat Speedometer Marketreport offers a comprehensive study of the dynamic factors including drivers, restraints, challenges, and opportunities. The drivers and opportunities aid to understand the rapidly changing industry trends and their impact on the growth of the market. In addition, the restraints and challenges help understand profitable market investments. The report includes quantitative and qualitative analyses of the market.

Get detailed COVID-19 impact analysis on the Next-Generation Industrial Metrology and Inspection Market@ https://www.alliedmarketresearch.com/boat-speedometer-market-A0827

Covid-19 scenario:

The global report includes an in-depth analysis of the impact of the Covid-19 pandemic on the market. Moreover, it helps the forerunners in the industry to devise new strategies to gain a competitive edge over other companies and how to deal with sudden changes in value and supply chain without compromising the credibility of the business.

The report provides a study of the past and current market trends and evaluates the future opportunities. The Next-Generation Industrial Metrology and Inspection Market study focuses on the market trends and upcoming opportunities that help understand the driving factors of the market. In addition, the report offers granular, robust, and qualitative data.

The report includes a brief summary of the market along with a SWOT analysis of the major market players and their financial analysis. The report covers a business overview and portfolio analysis of services that major companies offer. The study analyzes the recent market developments such as expansion, joint ventures, and product launches. Moreover, the study aids new business entrants and stakeholders to understand the long-term profitability of the market.

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Europe Interior Doors Market Size, Growth, Trends and Analysis by 2030

The Europe Interior Doors Market size was valued at $12,606.0 million in 2020, and is expected to reach $19,419.5 million by 2030, with a CAGR of 4.2% from 2021 to 2030.

In addition, the Europe Interior Doors Market report outlines upstream raw materials, marketing channels, downstream customer surveys, and industry development trends that provide vital information about manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.

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The Europe Interior Doors Market report offers an in-depth study of the market on the basis of various prime parameters including sales, sales analysis, market size, and major driving factors. The study includes Porter’s five forces model, financial analysis, portfolio analysis, and business overview of services and products.

In addition, the report offers a SWOT analysis including information regarding driving and restraining factors of the market growth. Such statistical tools provide vital information regarding understanding lucrative opportunities in the market. The report is essential for market players and new industry entrants to devise their strategies and leverage the opportunities in the market.

The Europe Interior Doors Market report offers a comprehensive study of the dynamic factors including drivers, restraints, challenges, and opportunities. The drivers and opportunities aid to understand the rapidly changing industry trends and their impact on the growth of the market. In addition, the restraints and challenges help understand profitable market investments. The report includes quantitative and qualitative analyses of the market.

Get detailed COVID-19 impact analysis on the Europe Interior Doors Market @ https://www.alliedmarketresearch.com/europe-interior-doors-market

Major market players analyzed in the report:

The report includes a comprehensive study of major market players including are

Major players such as Jeld-Wen Holding Inc., Puertas Salmar S.A., and Hormann Ltd., are engaged in offering pocket doors to the market. For instance, Jeld-Wen Holding Inc., offers pocket doors to the market. It has thickness of 800 mm to 18m. It has features such as innovative designs, high performance, and good security control. It is used in residential and non-residential sectors. Such products offering is projected to boost the growth of the Europe interior doors market. 

The study of the market players covers the company overview, price analysis, and value chain, along with portfolio analysis of services and products. These players have adopted various strategies such as partnerships, new product launches, joint ventures, and mergers & acquisitions to maintain their foothold in the market.

Covid-19 scenario:

The global report includes an in-depth analysis of the impact of the Covid-19 pandemic on the market. Moreover, it helps the frontrunners in the industry to devise new strategies to gain a competitive edge over other companies and how to deal with sudden changes in value and supply chain without compromising the credibility of the business.

The report provides a study of the past and current market trends and evaluates the future opportunities. The Europe Interior Doors Market study focuses on the market trends and upcoming opportunities that help understand the driving factors of the market. In addition, the report offers granular, robust, and qualitative data.

The report includes a brief summary of the market along with a SWOT analysis of the major market players and their financial analysis. The report covers a business overview and portfolio analysis of services that major companies offer. The study analyzes the recent market developments such as expansion, joint ventures, and product launches. Moreover, the study aids new business entrants and stakeholders to understand the long-term profitability of the market.

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Smart Bathroom Market Share, Growth, Trends and Industry Forecast to 2030

According to a new report published by Allied Market Research, titled, “Smart Bathroom Market by Product Type, Sales Channel,and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,”

The global smart bathroom market size was valued at $3.7 billion in 2020, and is projected to reach $10.8 billion by 2030, registering a CAGR of 11.2% from 2021 to 2030. A number of businesses have modernized and rebranded themselves as smart industries as a result of Internet of Things (IoT) and the growth in user base of smart phones. The global market is one such market. The surge in trend of automation has propelled this industry forward. The increased popularity of high-tech toilets and digital faucets is likely to fuel the market’s expansion in the coming years. Smart bathroom consist of smart windows, hand dryers, touchless faucets, and toilets. These systems aid in water and energy saving. Construction companies have substantially invested in the creation of smart buildings with amenities such as smart toilets to stimulate development.

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The demand for smart bathroom has smart bathroom market growth in penetration of smart homes in both emerging and established countries throughout the world. Furthermore, the rise in home improvement projects and bathroom renovations, is paving the way for a variety of smart bathroom in both the residential and commercial sectors. Owing to rise in property and mortgage prices, more expenditure on home renovation projects or remodeling drives product demand. Furthermore, consumers have been showing interests in bathrooms with built-in smart fittings, smart toilets, faucets, and soap dispensers that operate on sensors to create a spa-like experience.

Smart toilets are equipped with extra features and sensors that allow them to perform a number of tasks other than just flushing. Smart toilets often use significantly less water than traditional toilets, in addition to providing a better bathroom experience. As a result, they are an excellent alternative for saving water and conserving energy. Key players are focusing on launching smart toilets for maintaining hygiene and saving water. For instance, in December 2020, TOTO Ltd. has launched RP Compact toilet series for small bathrooms. The RP series has powerful cyclone tornado flush and the CEFIONTECT glazing, which is extremely smooth, robust, and long-lasting.

The expansion of building sector in many countries has offered significant growth opportunity for smart bathroom market. For example, in November 2020, China’s central government set a goal of completing 70% of new safe building construction by 2022. Similarly, in May 2019, the Indian government presented a $1.5 trillion construction investment plan for a six-year period ending in 2025. This investment will go toward improving school and higher education building quality, as well as health, sports, and basic infrastructure. Such government initiatives will act as a growth driver for market.

However, during the pandemic lockdown, various manufacturers in the market had to stop their business countries such as China, the U.S., and India. This break directly impacted sales of smart bathroom companies. In addition, lack of manpower and raw materials also constricted supply of equipment of smart bathroom has negatively influenced growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of smart bathroom companies.

Competition Analysis

The key players operating in the global smart bathroom market are Toto Ltd., Jacuzzi Brand LLC, Roca Sanitario, Kohler CO., Jaquar, Cera Sanitaryware Ltd., LIXIL Corporation, Pfister (Spectrum Brands), MASCO Corporation and Delta Faucet Company.

Key Findings Of The Study

  • The report provides an extensive analysis of the current and emerging smart bathroom market trends and dynamics. 
  • Depending on product type, the toilet segment dominated the smart bathroom market share, in terms of revenue in 2020 and faucet is projected to grow at a CAGR 13.3%during the forecast period.
  • By application, the commercial segment registered highest revenue in the market in 2020.
  • Asia-Pacific is projected to register the highest growth rate in the coming years.
  • The key players within the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the smart bathroom industry.
  • The report provides an extensive analysis of the trends and emerging opportunities of the market. 
  • In-depth smart bathroom market analysis is conducted by constructing estimations for the key segments between 2021 and 2030.

Get detailed COVID-19 impact analysis on the  Market @ https://www.alliedmarketresearch.com/smart-bathrooms-market

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Escalators Market  Size, Share, Growth and Global Forecast to 2030

According to a new report published by Allied Market Research, titled, “Escalators Market by Type Industry Vertical and Solution: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global escalators market size was valued at $11.8 billion in 2020, and is projected to reach $19.1 billion by 2030, registering a CAGR of 4.5% from 2020 to 2030.

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The rise in global population and rapid urbanization has significantly increased the demand for commercial buildings such as IT parks and shopping malls. This has propelled the demand for escalators, as they enable continuous vertical movement of people. Furthermore, rapid increase in population density in urban areas fuels the development of public transport systems, such as metros. The construction of new airports has also witnessed increase in the past few years. These factors further drive of escalators market growth.

The key players profiled in the escalators market report include, Fujitec Co. Ltd., Hitachi Ltd., Hyundai Elevator Co., Ltd., KONE Corporation, Mitsubishi Electric Corporation, Omega Elevators, OTIS Worldwide Corporation, Schindler, TK Elevator, and Toshiba Corporation.

By type the market is segmented into parallel, multi-parallel, walkway, crisscross and spiral. Among these, the parallel segment accounted for the highest market share in 2020 and it is expected to witness significant growth during the forecast period, owing to increase in demand from commercial buildings. The market is analyzed with respect to different applications in industrial verticals, such as commercial, public transit, institutional sector, and residential. The market is mainly driven by rise in demand for commercial space and increasing investments in public transport projects, such as metro rails and airports. However, factors such as requirement of frequent maintenance and high energy consumption of escalators have the potential to limit growth of the market.

In 2020, Asia-Pacific dominated the global escalators, in terms of revenue, accounting for around half the share of the escalators industry, followed by Europe and North America. Moreover, the market in Asia-Pacific region is growing with high CAGR, owing to rise in commercial real estate projects and metro rail projects across the globe.

Furthermore, on the basis of industry vertical, the others segment is anticipated to grow rapidly, with a CAGR of 6.3% during the forecast period, owing to rapid development of metro rails in emerging economies.

For instance, according to India Brand Equity Foundation, India’s metro rail network is expanding rapidly. As of November 2010, India has 637.2 km of metro rail in 13 cities and more than two dozen metro projects are in planning phase. Furthermore, the 1st phase of Pune Metro Rail would cover 31.25 km and consisting of 30 stations is built with a cost of US$ 1.67 billion and is expected to become operational in 2022. In addition, modernization of existing railway station in India has also positively influenced the escalators market.

However, during the COVID-19 pandemic lockdown, various manufacturers in the escalators  had to stop their business in countries, such as China, the U.S., and India. This break directly impacted sales of escalators manufacturing companies. In addition, the initial lockdowns significantly reduced construction activities in many developing countries, which negatively influenced the growth of the market. However, resumption of construction activities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of escalators companies.

Key Findings Of The Study

  • The report provides an extensive analysis of the current and emerging escalators market trends and dynamics. 
  • Depending on type, the parallel dominated the escalators market forecast, in terms of revenue in 2020 and the it is projected to grow at a significant CAGR during the forecast period.
  • By industry vertical, the commercial segment registered highest revenue in 2020.
  • Asia-Pacific is projected to register highest growth rate in the coming years.
  • The key players within the escalators market share are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the escalators industry.
  • The report provides an extensive analysis of the current trends and emerging opportunities of the market. 
  • In-depth escalators market analysis is conducted by constructing estimations for the key segments between 2021 and 2030.

Get detailed COVID-19 impact analysis on the Market @ https://www.alliedmarketresearch.com/escalators-market

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Refinery Catalyst Market Leading Global Companies and Regional Average Pricing Analysis by 2030

According to a new report published by Allied Market Research, titled,” Refinery Catalyst Market by Catalyst Material (Zeolites, Metals, and Chemical Compounds), and Type (Fluid Catalytic Cracking Catalyst, Hydrotreating Catalyst, Hydrocracking Catalyst, Alkylation Catalyst, Reforming Catalyst, and Others) – Global Opportunity Analysis and Industry Forecast, 2022-2029”

The Global market size of Refinery Catalyst is $XX million in 2021 with XX CAGR, and it is expected to reach $XX million by the end of 2030 with a CAGR of XX% from 2021 to 2030.

Click Here to Access Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/2164

Key market players in this sector include Honeywell International Inc, Axens S.A., Haldor Topsoe A/S, Albemarle Corporation, W.R. Grace and Co., Clariant AG, China Petroleum and Chemical Corporation, BASF SE, Axens S.A., and Johnson Matthey PLC.

The global refinery catalyst market is segmented based on catalyst material, type, and geography. Based on catalyst material, it is classified into zeolites, metals, and chemical compounds. Based on type, it is categorized into fluid catalytic cracking catalyst, hydrotreating catalyst, hydrocracking catalyst, alkylation catalyst, reforming catalyst, others (isomerization catalyst and enzyme-based catalyst). Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

 
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Key Benefits

  • This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2016-2023, which is expected to assist in identifying the prevailing market opportunities.
  • Major countries in each region are mapped according to the individual market revenue.
  • The region-wise and country-wise refinery catalyst market conditions have been comprehensively analyzed in the report.
  • Key players of the refinery catalyst market have been listed.
  • This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.

Road Marking Materials Market Present Scenario, Business Growth and Development Factors by 2030

According to a new report published by Allied Market Research, titled,” Global Road Marking Materials Market by Type (Performance Based Marking and Paint Based Marking), Application (Road Marking, Car Park Marking, Factory Marking, Airport Marking, Antiskid Marking, and Others) – Global Opportunity Analysis and Industry Forecast, 2022-2029”

The Global market size of Road Marking Materials is $XX million in 2021 with XX CAGR, and it is expected to reach $XX million by the end of 2030 with a CAGR of XX% from 2021 to 2030.

Click Here to Access Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/1962

Top market players in the global road marking materials include Sherwin Williams Company, Geveko Marking, Aximum SA, Kelly Bros Erinline, Swarco Limburger Lackfabric GmbH, Ozark Materials LLC, Ennis Flint, Roadmarking Industry Association of Australia, Evonik Industries, and Automack Technologies.

The report on the global road marking materials market is segmented based on type, application, and geography. Based on type, the report includes paint based and performance based materials. The paint-based material is further segmented into epoxy-based paint, polyurethane based paint, water based paint, and solvent based paint. Thermoplastics and cold plastics are included under performance based marking materials.

 
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Key Benefits for Stakeholders

  • This report entails the detailed quantitative analysis of current market and estimations from 2014 to 2022 that assist in identifying the prevailing market opportunities to capitalize on the global road marking materials market.
  • In-depth coverage of the market including drivers, restraints, and opportunities helps professionals to better understand the market behavior.
  • Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.