Thursday, 6 May 2021

Medical Drones Market Outlook, Development Factors, Latest Opportunities & Forecast

 The global medical drones market size is expected to reach USD 947.6 million by 2027 according to a new study by Polaris Market Research. The report “Medical Drones Market Share, Size, Trends, Industry Analysis Report, Drone Type (Fixed Wing, Rotor Drone and Hybrid Drones); By Application (Blood transfer, Drugs/Pharmaceutical Transfer, Vaccination Programs), End-Use (Emergency Medical Services, Government Organizations, and Blood Banks), By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Medical drones refer to the aerodynamic pods that are being deployed to transport key medical supplies that comprises of primary medical aids, vaccines, and drugs. Through the development of highly advanced technology has resulted in notable adoption of medical drones across the hospitals and military bases.

 

There’s continuous ongoing research in this field to develop new products with superior accuracy and speed in delivery of medical supplies to the targeted location. These drones can be either operated manually or they can be strategically programmed for performing long-distance flights and following the designated route precisely. In addition, they also have several key benefits such as they don’t require any landing space and can be programmed to drop the supplies by flying near to the ground.

 

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Further, the impressive capability of these drones to make a flight over the closed zones and that too without any requirement of crew is the key reason for their high demand. Some other major benefits include, transporting blood samples or other lab samples to remote and small hospitals and clinics; medical support or telemedicine including, drugs, diagnostics, or key medical tools that include, portable ultrasound to remote locations or tough military terrain.

 

Apart from this, this technology also offer benefits such as medical supplies that include, anti-venom or vaccines to the disease exposed or disaster relief regions, providing medical supplies and prescriptions to people who are hard to reach such as those at home or at sea. Moreover, providing defibrillators to patients suffering from cardiac arrest and offering organs required for transplantation are some major applications of medical drones.

 

Market participants such as Zipline, DJI, DHL, TUDelft, Flirtey, Embention, Matternet, Vayu, and EHang are some of the key players operating in the global market. Zipline drones, the frontrunner in the market, have cumulatively flown more than 1 million kilometres in Rwanda with more than 13 thousand deliveries. In the outskirts of Kigali, drones carried 35% of blood samples to be transfused. The Ghana the company is also started delivering COVID-19 testing kits.

 

Players in the market have primarily adopted partnership strategy to strengthen their position in the global market. For instance, in June 2020, TechEagle has partnered with Zomato to boost the delivery of medical supplies via drones all across the regions in India that are facing floods and due to the ongoing COVID-19 pandemic situation.

 

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The UK based research firm Nesta in its report titled “Flying High” in collaboration with NHS discussed the possibilities of rapid transportation of medical necessities in between the UK hospitals based in London. This move could bring faster delivery, reliable cost cutting, and improved timely patient care, even to the accident areas. It is being estimated that the use of medical drones could result in saving USD 21 billion in the annual cost to the country’s economy.

Wednesday, 5 May 2021

Pruritus Therapeutics Market Drivers & Challenges, Impact Of COVID-19, Key Industry Players

The global pruritus therapeutics market is anticipated to reach over USD 17,275.12 Million by 2026, according to a new research published by Polaris Market Research, Pruritus, also known as itch disorder can be triggered by several ailments ranging from dermatological disorders such as mycoses, atopic dermatitis, chickenpox, and contact dermatitis, Pruritus is interrelated with the dermatologic and systemic causes. A typical itching generally forms the diagnosis of a key dermatologic syndrome. Several skin diseases that are related to pruritus include renal pruritus, hematologic pruritus, cholestatic pruritus, idiopathic generalized pruritus, pruritus related to malignancy and endocrine pruritus. Renal pruritus can befall in people with chronic renal failure. Increased levels of ions such as calcium, phosphate, and magnesium are found in the skin of pruritic patients.  Severe pruritus leads to scratching that causes secondary skin problems such as eczematization, dryness, infection, excoriation, Contact allergy, and lichenification.

 

Some major key players in global Pruritus Therapeutics Market include pruritus therapeutics market includes Allergan Inc., Amgen Inc., Astellas Pharma Inc., CARA Therapeutics, Novartis AG, and Teva Pharmaceutical Industries Ltd. among others.

 

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The rising incidence of dermatological disorder influencing the occurrence of pruritus and subsequently, the rising demand for proper diagnostics as well as therapeutics to treat the such medical condition is anticipated to bolster the market growth. The rise in inorganic development strategies is recognized as one of the key factor boosting the growth of the pruritus therapeutic market. In addition, the key players of the pruritus therapeutic market are progressively adapting the growth strategies such as partnerships, regional acquirements, and mergers and acquisitions. Such growth strategies are anticipated to result in technological advancement owing to enhancement in the product portfolio and mutual collaboration in R&D further boosting the market growth.

  

The global pruritus therapeutics market is segmented on the basis of product, disease type, and geography. On the basis of product, the global pruritus therapeutics market is segmented into Corticosteroids, Antihistamines, Local Anesthetics, Counterirritants, Immunosuppressant, Calcineurin Inhibitors, and Others. In 2017, the corticosteroids are expected to dominate the market by product segment as corticosteroids are widely used as the first line of treatment. On the basis of disease type, the global pruritus therapeutics market is segmented into Atopic Dermatitis, Allergic Contact Dermatitis, Urticaria, and Others. In 2017, Allergic contact dermatitis is estimated to dominate the market segment. It is the 3rd most general cause for patients seeking consultation with a dermatology specialist. Allergic contact dermatitis is commonly observed in women.

 

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On the basis of region, the global pruritus therapeutics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America was estimated to dominate the global pruritus therapeutics market. The dominance is majorly due to The presence of favorable government initiatives and the introduction of new products. Moreover, rising incidence of target disorders and the existence of pruritus inducing climatic disorders in this region are anticipated to boost the market growth during the forecast period. However, Asia Pacific is anticipated to dominate pruritus therapeutics market. Growing incidence of atopic dermatitis and urticarial and presence of unmet healthcare organization needs are the factors attributed to the growth of the market in Asia Pacific.

 

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Polypropylene Market Size, Trends, Share, And Better Investment Opportunities By Forecast

 The global polypropylene market is anticipated to reach USD 120.11 billion by 2026 according to a new study published by Polaris Market Research. Polypropylene (PP), a thermoplastic is also referred to as addition polymer. It is named so, as it is made with the amalgamation of propylene monomers. The polymer was initially polymerized many years ago, precisely in 1951 by a team of Philips petroleum scientists. The team comprised Robert Banks, Paul Hogan, Natta, and Rehn. The actual commercialization of polypropylene began shortly after Professor Giulio Natta polymerized it.

 

By 1957, polypropylene gained high popularity throughout Europe and is presently the widely used plastics across the globe. It offers numerous benefits, one of which is its ability to get manufactured thorough ease and at a very large scale. It can be produced through various processes such as CNC, thermoforming, crimping, and injection molding, among others. It can be manufactured into living hinges, making it significantly light and thin without any bend or breaking. Thus, making it ideal for a variety of applications in industries such as automotive, consumer products, manufacturing, and industrial, among others.

 

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The list of key companies that are operating in the market include LyondellBasell, Japan Polypropylene Corporation, BASF AG, SABIC (Saudi Basic Industries Corporation), Braskem, China Petroleum & Chemical Corporation (Sinopec), Borealis AG, Total Refining and Chemicals Business, INEOS Olefins and Polymers Europe, ExxonMobil Chemical, Reliance Industries Limited, and PetroChina Co. Ltd., among others

Polypropylene can be easily copolymerized with other polymers such as polyethylene. Through copolymerization, significant changes are made to the properties of the material. Moreover, Polypropylene exhibits some significant properties such as high chemical resistance, elasticity, strength, fatigue resistance, transmissivity, and insulation. Thus, allowing large engineering applications, including toys, dishwasher, cups, safe plates, containers, and trays, among others.

 

Polypropylene has high application in both household and industrial applications. The unique properties and capabilities exhibited by the polymer facilitate varied application. In addition, it can be utilized as a plastic as well as fiber. Moreover, it can be manufactured via a number of processes. Thus, allowing the manufacturer to choose the most profitable procedure. From the past so many years, it is experiencing sustainable growth and is projected to dominate the demand in the plastic industry.

 

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Presently, there are only two types of polypropylene available in the market i.e. homopolymer and copolymers. Homopolymers are the widely used types and acquire a dominant position in the market. While, copolymers are largely utilized for applications that require the production of much clearer, and malleable products.

 

Currently, Asia Pacific holds a significant market share and is expected to retain its dominant position in the coming next eight years. This is primarily due to the rapidly growing demand for lightweight hybrid electric vehicles to encourage a decrease in carbon emissions.

Ultrasound Devices Market Drivers & Challenges, Impact Of COVID-19, Key Industry Players

 According to a new research published by Polaris Market Research, the ultrasound devices market is anticipated to reach over USD 12,556 million by 2026. In terms of revenue, the diagnostic devices segment dominated the global market. Geographically, North America is expected to be the leading contributor to the global market revenue in 2017.

 

The rapidly increasing geriatric population with several chronic diseases and the lower cost and relative safety of ultrasound devices are together boosting the market growth. Increasing awareness among patients regarding early diagnosis coupled with government initiatives aimed at spreading awareness among the masses regarding breast cancer, regular check-up during pregnancy and other health related issue are boosting the market growth. 

 

 

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Several technological advancements such as enhancing image quality and increasing portability has made ultrasound devices accessible to a larger user base. Also, several private and public institutions are investing in research and development in the field of ultrasound imaging. Improving healthcare facilities and increasing disposable incomes in developing countries is further fuelling the market growth. However, stringent FDA regulations and lack of trained professionals have limited the market penetration of this technology. Furthermore, several developing countries prohibit the use of ultrasound for gender determination which in turn impedes that industry growth. Identification of newer fields of application and untapped markets in developing countries would provide several opportunities for growth in the near future.

 

North America was the highest revenue generating region in 2017 and is expected to head the global market during the analysis period. The large patient pool, favorable reimbursement policies, well-defined government and healthcare policies, widespread adoption of remote patient monitoring and healthcare services drive the market growth in the region. Asia-Pacific is expected to exhibit the fastest growth during the forecast period owing to improving medical facilities, increasing disposable income and rapidly increasing patient pool in emerging countries such as China, Japan, and India.

 

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The types of ultrasound devices include diagnostic and interventional devices. In 2017, the diagnostic devices segment accounted for the highest market share owing to government initiatives to carry out routine check-ups and increasing adoption of fetal health monitoring. The improving medical facilitates and increasing demand due to rising number of patients, especially in developing countries, supports the market growth in this sector.

 

The key players profiled in this report include Toshiba Medical Systems Corporation, SonaCare Medical, Analogic Corporation, GE Healthcare, Koninklijke Philips N.V., Philips Healthcare, Siemens AG, FUJIFILM Holdings Corporation Hitachi Medical Corporation, Esaote S.p.A. Samsung Medison, Shimadzu Corporation and Mindray Medical International Limited among others. These companies have adopted new product launches to gain a competitive edge in the market.

 

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Textile Chemicals Market Drivers & Challenges, Impact Of COVID-19, Key Industry Players

 The global textile chemicals market is anticipated to reach USD 25.73 billion by 2026 according to a new study published by Polaris Market Research

 

Textile chemicals are one of the major segments of the global chemical manufacturing industry. The growth of the textile manufacturing industry has been the major factor driving demand for these products. Relatively low capital intensity, use of low skilled labor and lower investment cost characteristics depicts the industry’s relatively footloose nature and hence can adjust to the changing conditions of the market. Several trade policy regulatory norms and their nature of volatility in different geographies have played a significant role as this segment of the chemicals are bound to satisfy even the textile manufacturing legislations.

 

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Demand of these chemicals across different geographies is influenced by the rising emphasis of product quality all throughout the world-wide textile industry and also the increasing demand for durable and comfortable apparels. Moreover, increasing production of technical/industrial and automobile textiles is expected to further add to the demand of these products. Natural fibers of cheap are among the leading segments generating higher consumption figures for these products. However, cheaper fibers with manmade better performance alternatives use in several industrial might be a restraint for direct and vat dyes, reactive as well as preparation and sizing chemicals that are generally used in the processing of these natural fibers.

  

The nonetheless naturally derived fibers are projected to constitute a larger share of the application segment. This will provide higher market penetration opportunities mainly for the high value non-chlorine bleaching agents including hydrogen peroxide and also for other product segments like finishing chemicals. As natural fibers are expected to be the largest market for these textile chemical components, strong demand for products designed for offering improved performance and comfort of cellulosic and synthetic manufactured fibers.

 

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Asia Pacific region is expected to emerge as the largest market worldwide. Along with increasing penetration of these products, consumption of these products is increasing, owing to the increasing textile manufacturing base especially in China and India. The primary export markets of the region include Brazil, Western & Eastern Europe and the Middle East. The Asia Pacific market is also projected to grow at a faster rate compared to other regions.

 

Some of the leading industry participants actively operating in the present industry scenario include Archroma, The DyStar Group, The Lubrizol Corporation, Lonsen Inc., The Dow Chemical Company, Kiri Industries Limited, Solvay SA, OMNOVA Solutions Inc., Covestro AG and Pulcra Chemicals GmbH.

 

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Technical Textiles Market Size, Trends, Share, And Better Investment Opportunities By Forecast

 The global technical textiles market is anticipated to reach USD 14.93 billion by 2026 according to a new study published by Polaris Market Research

 

The primary driving factors for the global market includes the increasing consumer profiles along with income levels, rising end user sectors such as automobiles, sports, healthcare etc. The overall industrial and infrastructure development in the emerging and developed nations are yet other potential reasons for the market growth. Moreover, the initiatives from several governments and other regulatory bodies in attracting substantial investments in development of novel technical textile product are also anticipated to drive the industry growth. These products represent mainly a next generation of smart textiles with potential use in various fashion products, technical textiles and furnishing applications. The basic notion of these smart textiles consists of the textile structures that senses and also reacts to various stimuli from the environment. The market expansion of these products is owing to the new textile fiber types and its structure, miniaturization of the electronics and also wireless & wearable technologies.

 

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The technical textiles include around 51 potential products for high growth that accounted for over 25% of industry size in 2017. A few of these include mulch mats, shade nets, anti-hail, crop covers, anti-bird nets, incontinence diaper, baby diapers, sanitary napkins, surgical disposables, artificial heart valves, bullet proof jackets, disposable bed sheets, nuclear protective clothing, chemical protective clothing, industrial clothing etc. These products represent multi-disciplinary segments with several application sectors. Advancements in functionality of technical fibers and yarns including low elongation at break high tenacity, low thermal shrinkage, high modulus, high resistance to corrosion, higher thermal stability etc. which were the outcome of significant investments in R&D by industry participants have been helpful in increasing its applications in numerous industries.

 

 

Some of the leading industry participants currently operating in the industry include DuPont De Nemours & Co., Royal Ten Cate, Johns Manville, Ahlstrom Corporation, GSE Environmental Inc., Proctor and Gamble, Freudenberg & Co., Hindustan Technical Fabrics Limited, Huesker Synthetic GmbH and 3M.

 

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North America was the leading regional market in 2017. Along with increasing penetration of these products, consumption of technical textiles is increasing, and several nations cater to their demand by mainly importing these smart textiles from the U.S. The primary export markets of the U.S. include India, Vietnam, Brazil and Taiwan. Taiwan and Korea have emerged as a potentially powerful competitor to the US. The Asia Pacific market is projected to grow at a faster rate compared to other regions.

Automotive Powertrain Systems Market Size, Trends, Share, And Better Investment Opportunities By Forecast

 The global Automotive Powertrain System Market is anticipated to reach around USD 892 billion by 2026 according to a new research published by Polaris Market Research. The passenger vehicle segment dominated the global automotive powertrain system market in 2017. In 2017, Asia-Pacific accounted for the majority share in the global Automotive Powertrain System market.

 

The significant increase in demand for passenger and commercial vehicles, and growth in global automotive industry boosts the demand for automotive powertrain system. The demand for automatic transmission has increased significantly, thereby supporting market growth. The growing trend of downsized engines further boosts the adoption. The introduction of stringent government regulations regarding carbon emissions has encouraged market players to launch efficient and eco-friendly automotive powertrain system. New emerging markets, emerging consumer demographics, and technological advancements would provide growth opportunities for Automotive Powertrain system market in the coming years.

 

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In 2017, Asia-Pacific accounted for the highest share in the global Automotive Powertrain System market. The governments in the region have introduced stringent regulations regarding vehicular emissions owing to environmental concerns. The growing demand for automobiles in the region, and technological advancements would accelerate the demand for automotive powertrain system systems during the forecast period. The increasing economic growth, and increasing demand from countries such as China and India further increases the adoption of automotive powertrain systems in the region. The high penetration of electric vehicles in the region further promotes the adoption of automotive powertrain systems.

 

The well-known companies profiled in the Automotive Powertrain Systems market report include Ford Motor Company, Hyundai Motor Company, Volkswagen AG, ZF Friedrichshafen AG, Toyota Motor Corporation, General Motors Company, Aisin SeikiCo., Ltd, Delphi Automobile, Denso Corporation, and GKN PLC. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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 v

Active Electronic Components Market Drivers & Challenges, Impact Of COVID-19, Key Industry Players

The leading companies profiled in the Active Electronic Components Market report include Infineon Technologies AG, NXP Semiconductors N.V., Toshiba Corporation, Analog Devices, Inc., Texas Instruments, Inc., Hitachi AIC Inc., Panasonic Corporation, Diotec Semiconductor AG, Renesas Electronics Corporation, and Fairchild Semiconductor International, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.


The global Active Electronic Components Market is anticipated to reach around USD 519 billion by 2026 According to a new research published by Polaris Market Research. In 2017, the consumer electronics segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Active Electronic Components market.


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The increasing demand for active electronic components from consumer electronics and wearables, and rising penetration of smart devices drives the growth of the market. The expanding global automotive industry, along with increasing demand from the healthcare sector increases the demand for active electronic components. The rising adoption of MEMS and NEMS technologies, and IoT further boosts the demand of active electronic components.  Other factors driving the market growth include growing modernization of automobiles, technological advancements, and adoption of smart technologies. New emerging markets, emerging consumer demographics, and increasing demand from diversified industries would provide growth opportunities for Active Electronic Components market during the forecast period.


I n 2019, North America accounted for the highest share in the Active Electronic Components market. The primary factors driving the Active Electronic Components market growth in the region include rising demand for security systems and business intelligence, increasing demand for consumer electronics, technological advancements, and high investment in R&D. The rising sale of luxury and modernized vehicles, increasing development of smart cities, and growing adoption of connected devices and IoT further increases the demand of active electronic components in the region.  


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Glucaric Acid Market Drivers & Challenges, Impact of COVID-19, Key Industry Players

 The Glucaric Acid Market is anticipated to reach over USD 1,467 million by 2026 according to a new research published by Polaris Market Research. In 2017, the detergents segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

 

Increasing application of Glucaric acid in agriculture, chemical, and food industry supports the growth of the Glucaric acid Market. Increasing use in polymer manufacturing further promotes the growth of this market.  Glucaric acid is increasingly replacing phosphates in detergents owing to stringent regulations regarding harmful environmental effects of phosphates, thereby supporting market growth. Other factors supporting market growth include increasing awareness regarding environment, and research and development for advancement. Increasing demand from developing nations, and growing use in healthcare sector is expected provide numerous growth opportunities to the market players during the forecast period.

 

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Asia-Pacific Glucaric acid Market generated the highest revenue in 2017, and is expected to lead the global market throughout the forecast period. The rising use in agriculture and chemical industries in the region drive the market growth. The increasing demand of detergents and growing environmental concerns in the region further support market growth. The increasing demand of glucaric acid for animal feed and growing demand for healthy livestock is expected to accelerate the adoption of glucaric acid during the forecast period.

  

The well-known companies profiled in the Glucaric acid Market report include Cayman Chemical, Rivertop Renewables, Inc., Carbosynth Limited, Haihang Industry Co., Ltd., Rennovia Inc, Kalion Inc., Alfa Chemistry, AK Scientific Inc., Merck KGaA, and Shanghai Meicheng Chemical Co. Ltd. among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Gaucher Disease Treatment Market Manufacturers, Opportunities, Challenges, Drivers and Growth

 The global Gaucher Disease Treatment Market is anticipated to reach USD 2.11 billion by 2025 according to a new report published by Polaris Market Research. In 2017, treatment type, Enzyme Reduction Treatment segment capture the largest market shares in terms of revenue and hold the major share in the market. Regionally, North America accounted for the major share in the Gaucher Disease Treatment Market.

 

The Gaucher Disease Treatment Market is majorly driven by the factors such as increasing prevalence of this disease in all age men & women and subsequent increase in the number of drugs available in the market. Also, the rising number of investments by the key players and research institute for developing new drugs that act effectively in treating type II & type III Gaucher disease. Additionally, increasing government initiatives for creating awareness about Gaucher disease will also boost the Gaucher Disease market in the coming years.  

 

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On the basis of disease type, the global Gaucher Disease Treatment Market is categorized into type I, type II, and type III. The type I Gaucher disease is observed to be the dominating market segment in the market, owning to the increasing number of people suffering from type I disease across the globe. According National Gaucher Foundation, Type I Gaucher affects approximately 95 percent of the population making it one the most common type of disease. 

 

Based on treatment type, the Gaucher disease treatment market is segmented as Enzyme Replacement Therapy (ERT), and Substrate Reduction Treatment (SBT). The ERT segment to hold dominating position in the market. This treatment market is primarily driven by its increased adoption across the globe for treating Gaucher disease, and higher awareness for using ERT.

 

By geography, the global Gaucher Disease Treatment Market is segmented into five major regions, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America, to hold the largest market share in the Gaucher disease treatment market owning to the growing number of people suffering from this disease, unmeet clinical needs, and rising awareness for the use of effective treatment options.

 

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The leading companies operating in the Gaucher Disease Treatment market include Sonafi (Genzyme Corporation), Pfizer Inc., Acetelion Pharmaceutical (J&J Ltd.), Shire Human Genetics Therapies, Inc., Erad Therapeutic Inc., and JCR Pharmaceuticals Co Ltd.

 

Halal Pharmaceuticals Market Trends, Demand, Share, Analysis To 2026

The global halal cosmetics market is anticipated to reach USD 22.53 billion by 2026 according to a new study published by Polaris Market Research. The market growth is primarily due to increase in Muslim populations and their purchasing power. This has created a surge in demand for halal cosmetics. Increasing demand has also compelled market players to engage in new product development.

 

Currently, consumers are exhibiting growing interest in halal cosmetics and personal care. This is primarily due to the increasing consumer awareness about the importance of personal hygiene and improving lifestyles as a result of increasing disposable income. Halal cosmetics being different from conventional cosmetics are gaining popularity, as these cosmetics do not contain alcohol, porcine-by products and their derivatives. Basically, they do not contain contents or ingredients that are against Islamic beliefs. 

 

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Halal cosmetics are expected to be produced, packaged, stored, and distributed as per Islamic teachings. Moreover, these products are considered to be safe, clean, and high quality. The significant growth in Muslim populations across the globe is expected to offer immense opportunities to personal care and halal cosmetics industry. In addition, the rapidly accelerating economic power of Islamic countries is anticipated to largely influence them to spend additional money on beauty and personal products.

 

The growing issues over the environmental and health hazards are also responsible for such as significant impact on the cosmetic industry. Some of the health hazards such as distortion, breast cancer, and abnormalities pertaining to genital are usually blamed to occur as a result of excessive usage of cosmetics products comprising nano-particle ingredients. The increasing in number of such events has promoted consumer awareness about the substance of beauty products, thus, driving demands for halal personal care and cosmetic goods.

 

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Low level of awareness about the presence of halal cosmetic brands is acting as a challenge to the industry. As a consequence, the industry is not experiencing heavy demands as expected out of its potentials. Moreover, halal issues within the sector are considered quiet minor among consumers in comparison to food consumption. Thus, this requires manufacturers to improve their marketing strategies and production facilities. Furthermore, it becomes difficult to understand consumer perspective about halal cosmetic brands.

 

Asia Pacific is anticipated to dominate the global halal cosmetics market, owing to the  presence of emerging nations such as India, Indonesia, Malaysia, Bangladesh, Maldives, and Pakistan. These nations have significant population that follow Islamic beliefs.

 

The list of key companies that are operating in the market include Ivy Beauty Corporation Sdn Bhd, Mena Cosmetics, MMA Bio Lab Sdn Bhd, The Halal Cosmetics Company, Talent Cosmetic Co., Ltd., PHB Ethical Beauty, Saaf SkinCare, One Pure, Sampure Minerals, Amara Cosmetics, Wardah Cosmetics, Inika, Clara International, Prolab, and IBA Halal Care. These players are observed engaging in activities aimed at the development of new products.

 

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Tuesday, 4 May 2021

Smart fleet management Market Size, Key Company Profiles, Types, Applications and Forecast

 According to a new research published by Polaris Market Research the worldwide smart fleet market is anticipated to reach around USD 629.5 billion by 2026. In 2017, the automotive segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Smart Fleet market.

 

The increasing need to track and monitor fleets to increase operational efficiency, and reduce costs drives the Smart Fleet Market growth. Organizations are increasingly adopting smart fleet systems to increase efficiency, and manage high volume of fleets. The growing need for high speed networks further accelerates the adoption of smart fleet systems. Other factors driving the market growth include growing need to reduce operational costs, increase profitability, and avoid road congestions and accidents. New emerging markets, increasing need to monitor driver behavior, and growing safety concerns are factors expected to influence the market in the coming years.

 

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North America is expected to lead the global Smart Fleet market during the forecast period. Significant investment by organizations to improve the fleet operations coupled with favorable regulations regarding transportation safety drive the growth of smart fleet in this region. Technological advancement and introduction of advanced smart fleet systems by the market players has increased the acceptance of smart fleet systems in the region. Asia-Pacific Smart Fleet Market is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, and increasing investments in increasing fleet efficiency. Expansion of global players into these countries to tap market potential boosts the market growth.

 

The various mode of transportation covered in the report include automotive, rolling stock, and marine. Use of smart fleet solutions in automotive sector offers remote monitoring, fuel management, remote diagnostics, and route optimization among other functionalities. Increasing safety concerns, and government regulations regarding vehicular emissions support the growth of this segment.

 

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The well-known companies profiled in the report include Cisco Systems, Inc., Robert Bosch GmbH, Denso Corporation, Sierra Wireless, Inc., Orbcomm, Inc., Siemens AG, Zonar Systems, Inc., IBM Corporation, Continental AG, OTTO Marine Limited, Harman International Industries, Inc., Globecomm Systems, Inc., and Globecomm Systems, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

Linseed Oil Market SWOT Analysis, Growth Outlook, by Top Key Players 2026

 The report “Linseed Oil Market Share, Size, Trends, Industry Analysis Report By Application Type (Processed Food, Paints & Varnishes, Cosmetics, Flooring, Pharmaceuticals and Others); By Regions, Segments & Forecast, 2019 – 2026” provides a complete analysis of present market trends and future insights.

The global linseed oil market is anticipated to reach 1,141.8 million by 2026 according to a new study published by Polaris Market Research.

A rising application for linseed oil in numerous industries including food, cosmetics, and pharmaceuticals as the striking industries, are expected to drive market demand. The product is growing at an average rate as compared to other edible oils in the market. Demand of a range of end-use products such as paints and coatings, varnishes, organic packaging, pharmaceuticals, flooring etc. has been increasing steadily.

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Organic Linseed oil that is unrefined and cold pressed is widely made available in the present market setup owing to its positive role in human nutrition. Thus, demand for organic food products has grown inimitably. The products of the food grade are significantly rich in fatty acids. Alpha linoleic acid present in the product is a type of fatty 3 acids that are beneficial for a healthy heart.

 

The presence of lignans in linseed oil gives it the much sought-after antioxidant properties that allay fears of the deadly disease like cancer. The product also behaves as a natural laxative by alleviating inflammation and body pain in severe situations. Some of the other categories of fatty acids present in the product and transmitting its properties include oleic acid which assists in bringing down cholesterol levels, linoleic acid that has anti-inflammatory properties.

 

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Raw product pierces the paint surface much better than synthetic ones which normally form a paint film. This characteristic tends for the product to increase its life span. The product’s paint has a unique characteristic of preserving the wood without peeling or flaking. The product also contains natural color forming pigments. Zinc Oxide, Iron Oxide, Cobalt and titanium oxide are normally stable to light and air and are one with the color forming pigments and work best with linseed oil. Hence with so many properties going for the product, it makes linseed oil one of the prime raw materials for the paint industry.

 

Asia Pacific region has been the biggest player in product’s industry with region’s growing food processing industry, paints and coatings, pharmaceuticals industry giving region a successful run. China, India, Malaysia, Japan, Indonesia are both largest consumers and biggest producers globally.

 

Europe and the U.S. have been leading players in linseed oil market but of late, with Asia Pacific in the fray, the global landscape is now dotted with many more major players. Asia Pacific now touted as a major industrial hub; the region has sprouted many manufacturers who have   turned into significant exporters of the product.

 

The key industrial players in market include Barlean’s, Bioriginal Food and Science Corp, Natural Factors, Inc., Natrol LLC, Archer Daniels Midland (ADM) Company, Cargill, Krishi Oils Limited (KOL), Henry LaMotte Oils GmbH, Gustav Heess GmbH and granoVita.

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