A Market Place Research – Page 2734

Formalin Market to Hit $11.7 Bn By 2030

Rise in the usage of adhesives and increase in application of formalin drive the growth of the global formalin market. On the other hand, government regulations on usage and manufacturing of formalin impede the growth to some extent. However, surge in demand for formalin from the agricultural industry is expected to create lucrative opportunities in the industry.

According to the report, the global formalin industry was estimated at $6.9 billion in 2020, and is anticipated to hit $11.7 billion by 2030, registering a CAGR of 5.6% from 2021 to 2030.

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Covid-19 scenario-

Rise in use of sterilizing solutions as a result of the pandemic has increased the demand for the product significantly.
On the other hand, the supply-demand gap posed several challenges on the market, especially during the initial period, thereby providing a mixed impact to the global formalin market altogether.

Based on percentage, the 1.0%-20.0%segment accounted for around more than two-fifths of the global formalin market share in 2020, and is anticipated to rule the roost by 2030. The demand for 1.0%-20.0% based formalin percentages is driven by the factor that it is cost-effective and a well-tolerated solution for the drugs in the fertilizer industry. The 20.0%-40.0% segment, however, would cite the fastest CAGR of 6.1% throughout the forecast period.

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Based on application, the fertilizer segment held more than two-fifths of the global formalin market revenue in 2020, and is expected to lead the trail by 2030. This is due to increased food consumption around the world, which necessitates the use of more fertilizers. The antiseptic perfume segment, on the other hand, would manifest the fastest CAGR of 6.8% from 2020 to 2030. The demand for formalin in Asia-pacific is mainly driven by China, India, and the ASEAN countries, which are experiencing substantial rise in incorporating several applications that call for formalin in their composition.

Based on region, Asia-Pacific, followed by Europe and North America, held the major share in 2020, generating more than half of the global formalin market. The same region would also grow at the fastest CAGR of 5.9% by 2030. Rise in demand for formalin in dyes, antiseptic, and drugs drives the market growth in the region.

Key players in the industry-

3M
BASF SE
Bayer AG
Celanese Corporation
DuPont
Balaji
Formalin Private Limited
Dynea AS
Huntsman International LLC
Merck KGaA
Georgia-Pacific Chemicals

Cresols Market Size to Touch $476.7 Million by 2030, Claims AMR

Rise in demand for cresols in agriculture engineering and increase in applications of the product in paint & coating fuel the growth of the global cresols market. On the other hand, toxic nature of the substance restrains the growth to some extent. However, use of cresols in pharmaceuticals and combustion engines is anticipated to create lucrative opportunities in the industry.

According to the report published by Allied Market Research, the global cresols market was estimated at $334.8 million in 2020 and is expected to hit $476.7 million by 2030, registering a CAGR of 3.6% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

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COVID-19 scenario-

Rapidly growing pharmaceutical industry, during the pandemic, has given way to increase in demand for cresols across the globe, thereby impacting the market positively.
However, on the other hand, the temporary ban on exports and imports, especially during the initial phase, affected the sector to some extent, thereby giving the global cresols market a mixed impact altogether.

The global cresols market report is analyzed across source, product type, application, end-use, and region. Based on source, the synthetic segment accounted for the major share in 2020, holding nearly three-fifths of the global market.

The natural segment, however, would exhibit the fastest CAGR of 3.9% throughout the forecast period.

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Based on product-type, the para-cresol segment generated the highest share in 2020, accounting for more than two-fifths of the global market. The ortho-cresol segment, on the other hand, would cite the fastest CAGR of 4.0% from 2021 to 2030.

Based on region, the market across Asia-Pacific held the lion’s share in 2020, garnering nearly half of the global market. The same region is also expected to cite the fastest CAGR of 4.3% by the end of 2030. The other provinces studied in the report include North America, Europe, and LAMEA.

The key market players analyzed in the global cresols market report include ATUL Dakota Gasification Company, Lanxess AG, VDH CHEM TECH PVT. LTD., Konan Chemical Manufacturing Co., SABIC Sasol Limited Ltd., Mitsui Chemicals, Nanjing Datang Chemical Co., Ltd., and Anhui Haihua Chemical Technology Co., Ltd. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

Europe Water Softeners Market Soaring Demand Assures Motivated Revenue Share During 2019-2026

The Europe water softeners market generated $525.2 million in 2018 and is expected to hit at $849.8 million by 2026, registering a CAGR of 6.2% from 2019 to 2026. The report provides a detailed analysis of the market size & estimations, top investment pockets, top winning strategies, drivers & opportunities, competitive scenario, and fluctuating market trends.

Increase in population, rise in demand for water Softeners in municipalities and industries, and surge in investment in industrial sector drive the growth of the Europe water softeners market. On the other hand, presence of alternative water treatment methods and potential health risks for people on low sodium diets curtail down the growth to some extent. However, growing partnership between key public and private stakeholders is expected to create multiple opportunities in the near future.

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COVID-19 impact analysis

The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The Europe water softeners market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the Europe water softeners market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the Europe water softeners market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.

The salt-based segment to maintain the lion’s share by 2026-

Based on type, the salt-based segment contributed to more than two-thirds of the total market share in 2018, and is expected to lead the trail by 2026. The salt free segment, on the other hand, would cite the fastest CAGR of 7.1% during 2019–2026.

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The ion exchange segment to dominate in terms of revenue-

Based on process, the ion exchange segment accounted for nearly three-fourths of the total market revenue in 2018, and is anticipated to retain its dominance through 2026. At the same time, the reverse osmosis segment would manifest the fastest CAGR of 7.1% during the study period. The conditioning segment is also discussed in the report.

Germany garnered the highest share in 2019-

Based on region, Germany held the major share in 2018, generating nearly one-fourth of the total market. Simultaneously, Spain is projected to garner the fastest CAGR of 8.3% during the estimated period. The other regions analyzed in the report include Netherland, France, UK, Italy, and rest of Europe.

Leading market players-

The key market players analyzed in the Europe water softeners market include SUEZ Water Technologies & Solutions, Cumulus Nederland BV, Delta WATER TECHNOLOGY, Hatenboer-Water BV, Kinetico UK Ltd., LENNTECH, Enmetec GmbH, Lubron Waterbehandeling B.V., A. O. Smith Corporation, Pentair PLC, and Pollet Water Group (Euraqua Europe is subsidiary). They have incorporated a number of strategies including partnership, expansion, collaboration, joint ventures, and others to brace their status in the industry.

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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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Data Protection as a Service (DPaaS) Market : Key Factors That Are Leading The Demand Around The Global

According to the report published by Allied Market Research, the global data protection as a service (DPaaS) market is expected to garner $28.87 billion by 2022, registering a CAGR of 31.5% during the period 2016 to 2022. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenario.

Growing concerns regarding data loss, increase in need for data backups and archives, and governance, risk, and compliance requirements for storage have augmented the growth of the global data protection as a service (DPaaS) market. However, high incurrence of cost and complexity in cloud DPaaS deployment hamper the growth to certain extent. Moreover, increase in demand for cloud-based disaster recovery & backup for virtual machines and integration of backup services and recovery would create a number of opportunities in the near future.

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The global data protection as a service (DPaaS) market is segmented on the basis of deployment model, service type, end user, and regions. Based on service type, the STaaS segment dominated the global market in 2015, accounting for the highest market share. On the other hand, DRaaS segment is anticipated to grow at a CAGR of 32.6% during the forecast period.

Based on end user, the large enterprises segment held the highest market share in 2015, and is projected to continue their dominance throughout the forecast period. Nevertheless, the SMEs segment is anticipated to witness the fastest growth in between 2015 to 2022.

Based on region, the North America region dominated the market in 2019, and would rule throughout the forecast period. However, Asia-Pacific region is estimated to grow at the fastest growth rate during the forecast period.

Key market players in the DPaaS market that are profiled in the report include HP Development Company, L.P., IBM Corporation, Amazon Web Services, Inc., Commvault Systems, Inc., EMC Corporation, VMware, Inc., Quantum Corporation, Asigra, Inc., Veritas Technologies, and Cisco Systems.

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Global Next-Generation Firewall Market Expected to Reach $6,719.56 Million by 2025

According to the report published by Allied Market Research, the global next-generation firewall market was estimated at $2.57 billion in 2017, and is expected to hit $6.71 billion by 2025, registering a CAGR of 12.9% from 2018 to 2025. The report provides an in-depth analysis of the market, including top winning strategies, industry drivers and restraints, market size & forecast, market classification, and competitive landscape.

Increase in sophisticated cyberattacks, development in IoT-based complex threat landscape, and enforcement of stringent government regulations for data safety & security fuel the growth of the global next-generation firewall market. On the other hand, lack of skilled professionals and performance issues associated with cloud protection hamper the growth to certain extent. Nevertheless, rise in cyber security outlay and emergence of firewall as a service are expected to create multiple opportunities in the market.

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Based on type, the hardware segment held the largest market share in 2017, pegging at half of the total revenue. Simultaneously, the cloud-based segment is predicted to register a CAGR of 14.9% throughout the period.

Based on geography, North America accounted for more than one-third of the total market share in 2017 and is expected to dominate throughout the forecast period. The Asia-Pacific region, on the other hand, is projected to grow at the fastest CAGR of 14.6% through 2018–2025.

The key market players analyzed in the global next-generation firewall market report include Check Point, Forcepoint, Cisco, Juniper Networks, Fortinet, Huawei, Barracuda Networks, Palo Alto Networks, SonicWall, and Sophos. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their stand in the industry.

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Identity analytics Market : Key Factors That Are Leading The Demand Around The Global

The report offers a detailed analysis of changing market dynamics, top winning strategies, key segments, and competitive landscape. According to the report, the global identity analytics market generated $512 million in 2017, and is expected to reach $3.62 billion by 2025, registering a CAGR of 27.8% from 2018 to 2025.

Surge in adoption by enterprises to improve identity and access management systems, increase in need to avail access certification, and rise in awareness regarding management of regulations and compliance drive the growth of the market. However, increase in complexities of IT infrastructure and slow rate of adoption of advanced analytics solutions in underdeveloped countries hinder the market growth. On the other hand, adoption of machine learning technologies and artificial intelligence for identity analytics solutions and increase in demand of mobility solutions create new opportunities in the industry.

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Based on component, the software segment contributed to more than two-thirds of the total market share in 2017, owing to rise in data governance and regulation policies for enterprises and the requirement to make informed and data-driven decisions. However, the services segment is expected to grow at the highest CAGR of 33.2% from 2018 to 2025, owing to increase in requirements for training, maintenance, planning, and support services during the usage of identity analytics and the demand for integration, implementation, and upgradation of services.

Leading market players analyzed in the research include Evidian, Hitachi Id Systems, Gurucul, LogRhythm, Happiest Minds, Verint Systems, ID analytics (Symantec), Microsoft, NetIQ (Microfocus), and Oracle.

North America accounted for nearly two-fifths of the total market share in 2017, and will maintain its dominant position throughout the forecast period. This is due to rapid adoption of AI driven technologies in identity analytics. However, Asia-Pacific would grow at the highest growth rate, registering a CAGR of 30.7% from 2018 to 2025, owing to increase in security compliance requirements in various industry verticals such as BFSI, government, Telecom & IT, and others along with rise in number of data breaches and cyber-attacks that lead to adoption of identity analytics solutions.

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Hybrid Devices Market Highlighting Major Drivers & Growth by 2022

According to new research published by Allied Market Research. Asia-Pacific is expected be the largest market for hybrid devices during the forecast period owing to the growth in personal use, educational institutions, and IT & telecom sectors.

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The hybrid devices are categorized based on different types into convertible and detachable hybrid devices. Detachable devices constitute the highest market share due to their lightweight nature and convenience of use. Nonetheless, convertible devices are estimated to portray the fastest growth owing to multi-mode view and the availability of extra battery space in the device that increases battery life.

vices with screen size 12 inch-15 inch are projected to dominate the market owing to their size and lighter weight. However, devices with screen size greater than 15 inches are expected to depict the fastest growth in the market pertaining to the superior space for better viewing capability.

Asia-Pacific currently constitutes the highest market share in the global hybrid devices market on account of economic development in the region paired with increasing number of tech-savvy customers. LAMEA is expected to witness fastest growth over the forecast period, at a CAGR of 26.5% owing to the increasing number of internet users paired with the increasing acceptance of the hybrid devices in the educational institutions.

The market for hybrid devices comprises dominant players such as HP Development Company, L.P., Microsoft, Lenovo, and others. These market players primarily focus on the development of new features, launch of innovative products with exceptional variations, and adoption of R&D and acquisition as their key strategies to establish their position in the market.

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Nylon Cable Ties Market with Big Boom in Forthcoming Year with Topmost Key Vendors

The global nylon cable ties market was estimated at $129 million in 2018 and is expected to hit at $253.6 million by 2026, registering a CAGR of 8.86% from 2019 to 2026. The report provides a detailed analysis of the market size & estimations, top investment pockets, top winning stratagems, drivers & opportunities, competitive scenario, and fluctuating market trends.

Increase in incidence of PMS, rise in awareness of PMS therapeutics, and upsurge in healthcare expenditure across the world fuel the growth of the global nylon cable ties market. On the other hand, poor demand in underdeveloped countries impedes the growth. On the contrary, growth opportunities in emerging markets and higher number of unmet needs for the treatment of PMS are expected to create lucrative opportunities in the industry.

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COVID-19 impact analysis

The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The nylon cable ties market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the nylon cable ties market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the nylon cable ties market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.

The nylon 6 segment to lead the trail by 2026:
Based on type, the Nylon 6 segment accounted for nearly two-thirds of the total market revenue in 2018, and is expected to rule the roost till 2026. Simultaneously, the Nylon 6,6 segment is projected to manifest the fastest CAGR of 9.3% throughout the forecast period.

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The electronics & electrical segment to retain its dominance in terms of revenue:
Based on application, the electronics & electrical segment contributed to nearly one-third of the total market share in 2018, and is anticipated to dominate during 2019–2026. The automotive segment, on the other hand, would cite the fastest CAGR of 9.6% during the estimated period. The other segments assessed in the report take in building & construction, agriculture, consumer goods, and industrial.

Asia-Pacific garnered the highest share in 2018:
Based on geography, Asia-Pacific garnered the major share in 2018, holding more than one-third of the total market. Simultaneously, North America would grow at the fastest CAGR of 9.3% during the study period. The other two regions analyzed in the market report include Europe and LAMEA.

Leading market players:
The key market players analyzed in the global nylon cable ties market include Ascend Performance Material, Partex Marking Systems AB, YUEQING HUADA PLASTIC CO. LTD., HellermannTyton 3M, Inc., Changhong Plastics Group Imperial Plastics Co. Ltd., Hont ELectrical CO Ltd., Novoflex Marketing (P) Ltd., and ABB Ltd KSS. They have taken recourse to a number of strategies including partnership, expansion, collaboration, joint ventures, and others to strengthen their stand in the industry.

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Plastic Antioxidants Market Research Provides a Detailed Analysis of Future Growth Prospects and Industry Trends Adopted by 2026

The global plastic antioxidants market was estimated at $3.02 billion in 2018 and is expected to reach $4.96 billion by 2026, growing at a CAGR of 6.4% from 2019 to 2026. The report offers a detailed analysis of top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

Protection offered by antioxidants against thermal and oxidative deterioration and promising plastic consumption all around the world drive the growth of the global plastic antioxidants market. On the other hand, implementation of strict regulatory policies curtails down the growth to certain extent. Nevertheless, increase in use of agriculture plastic is projected to pave the way for multiple opportunities in the industry.

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COVID-19 impact analysis

The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The plastic antioxidants market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the plastic antioxidants market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the plastic antioxidants market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.

The phenols segment to retain its top status throughout the forecast period-

Based on type, the phenols segment accounted for nearly two-fifths of the total market share in 2018, and is expected to maintain its dominance by the end of 2026. Simultaneously, the phosphites segment is anticipated to showcase the fastest CAGR of 7.1% from 2019 to 2026. The segments of amines, organic sulphides, and antioxidant blends are also assessed in the report.

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The polyethylene segment to dominate through 2019–2026-

Based on polymer resin, the polyethylene segment contributed to nearly one-third of the global market revenue in 2018, and is projected to lead the trail till 2026. At the same time, the polypropylene segment is predicted to manifest the fastest CAGR of 7.1% throughout the study period. The other segments discussed in the market report include polyvinyl chloride, polystyrene, and ABS.

Asia-Pacific to rule the roost in terms of revenue-

Based on geography, the Asia-Pacific region held the largest share in 2018, garnering half of the total market. North America, on the other hand, would grow at the fastest CAGR of 7.3% during 2019–2026. The other regions analyzed in the report include Europe and LAMEA.

Frontrunners in the industry-

Key market players analyzed in the global plastic antioxidants report include Dover Chemical Corporation, Amfine Chemical Corporation, SI Group, 3v Sigma USA Inc., Solvay S.A., Clariant AG, Sumitomo Chemical Co., Ltd., BASF SE, Songwon, and Everspring Chemical Co. Ltd. These players have adhered to high-end market strategies such as partnerships, collaboration, mergers & acquisitions, and new product launch to brace their stand in the industry.

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Mosquito-Repellent Paints Market Size Predicted to Hit $544.7 Million by 2030

Increase in awareness regarding diseases spread through mosquitos and surge in global warming and emission of greenhouse gases drive the global mosquito-repellent paints market. However, fatal effects of toxic and chemical substances hinder the market growth. On the other hand, rapid innovations and huge investments of the manufacturers toward development of herbal and plant-based mosquito paints create new opportunities in the coming years.

According to the report published by Allied Market Research, the global mosquito-repellent paints market generated $283.7 million in 2020, and is expected to reach $544.7 million by 2030, witnessing a CAGR of 6.8% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

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Covid-19 Scenario:

During the pandemic, the demand for eco-friendly products increased and presented opportunities for the mosquito-repellent paints market. However, manufacturing activities have been hindered due to lockdown measures, disruptions in the supply chain, and lack of sufficient workforce.
Sales channels such as specialty stores and franchise stores were closed due to lockdown restrictions. However, the awareness regarding online sales channels created a positive impact on the market.

The report offers detailed segmentation of the global mosquito-repellent paints market based on sales channel, application, end use, and region.

Based on sales channel, the third party online channel segment held the highest share in 2020, contributing to nearly one-third of the total share, and is estimated to maintain its dominance during the forecast period. However, the company owned online channel segment is projected to portray the largest CAGR of 7.5% from 2021 to 2030.

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Based on end use, the residential segment accounted for the largest share in 2020, contributing to more than half of the total share of the global mosquito-repellent paints market, and is expected to maintain its lead position throughout the forecast period. However, the industrial segment is projected to witness the highest CAGR of 7.4% from 2021 to 2030.

Based on region, Asia-Pacific contributed to the highest share in 2020, accounting for nearly two-fifths of the total share, and is projected to maintain its leadership status by 2030. Moreover, this region is estimated to witness the fastest CAGR of 7.8% during the forecast period. The research also analyzes regions including North America, Europe, and LAMEA.

Leading players of the global mosquito-repellent paints market analyzed in the research include Adapta Powder Paints, Basco Paints, Apollo Paints Pvt. Ltd., Crown Paints, Corion Innovative Paints Srl, Kansai Paints, Dulux Paints, Paints and Coatings Manufacturer Nigeria Limited, Nippon Paint, and Pro-Painting.