Biochar Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 Global Biochar Industry: Set to Witness Huge Growth by 2028

The global biochar market is estimated to reach USD 3.23 billion by 2026 growing at a CAGR of 9.1% during the forecast period, according to a new study published by Polaris Market Research Biochar, a carbon rich product or a pyrogenic black carbon that has been attracting significant attention in both academic and political arenas. Much of the product’s attention is owing to its potential to mitigate the climate change, offer food security along with offering a solution for organic waste management.

Product application to soils has been gaining immense interest worldwide, owing to its potential to enhance soil capacity of nutrient retention and soil’s water holding capacity. Moreover, this also helps in sustainable storage of carbon thereby reducing greenhouse gas emissions.However, commercialization of biochar as a soil additive is yet to achieve its full potential among its primary users, the farmers. To make this happen, the industry participants manufacturing biochar are focused on arranging several programs in different geographical marketspaces to explicitly educate farmers.

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Farming methods including mixing the product with seeds and fertilizers, uniform mixing with soil, applying through no till systems deep banding of soil with plow, hoeing into ground, top-dressed, applying char and compost on raised beds. However, the type of application of biochar to soil depends on farming system, labor and available machinery. These types of methods are promoted and increasing use of such methods among farmers will boost product application and henceforth its overall demand.

Biochar retains its potential to control/mitigate climate change owing to its inherent fixed carbon in the raw biomass, which would otherwise degrade to the greenhouse gases and sequestered within the soil for years. The product acts as tool for soil amendment owing to its beneficial impact on cation exchange that leads to higher water holding capacity and greater soil pH, and an affinity for macro and micro plant nutrients.

Although biochar applications have been increasing owing to its great agricultural and environmental contributions, there are also controversial restraining factors of the product. Cutting of timber, a major feedstock of biochar is the primary concern which might lead to complete deforestation and eventually threaten the food security. As this could compromise on the amount of rainfall useful for agriculture. Hence, to avoid this industry participants and government organizations are focused on producing it from saw dust, waste wood, rice husk, rice straw, empty bunches of fruit etc.

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The global biochar market is a moderately growing sector and numerous companies participate in the marketspace from different phase of the industry value chain. Some of the leading participants include BlackCarbon A/S , Biochar Industries, Swiss Biochar GmbH, Carbon Terra GmbH, Biochar Ireland, Sunriver Biochar, Pacific Biochar Benefit Corporation, Waste to Energy Solutions Inc., Airex Energy, Carbon Gold, Clean Fuels B.V., 3R ENVIRO TECH Group, Earth Systems PTY. LTD., ArSta Eco, Pacific Pyrolysis, Biochar Supreme, LLC, Phoenix Energy, The Biochar Company, Vega Biofuels, Inc., Cool Planet Energy Systems Inc., Biochar Products, Inc., Diacarbon Energy Inc., and Agri-Tech Producers, LLC.

Diaphragm Pacing Therapy System Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 Global Diaphragm Pacing Therapy System Industry: Set to Witness Huge 

Growth by 2028

The global Diaphragm Pacing Therapy System Market size is predicted to reach USD 7.57 million by 2027 according to a new study by Polaris Market Research. The report “Diaphragm Pacing Therapy System Market Share, Size, Trends, Industry Analysis Report, By Product Type (External diaphragm pacemaker, Diaphragm pacemaker); By Application (SCI, ALS, and Others); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Diaphragm pacing is the less weighted battery-powered devices that works electrically and stimulates to nerves and diaphragm muscles. This allows diaphragm to contract flexibly so that air is filled into lungs and assist patients to breathe conveniently and smoothly. Diaphragm pacing includes affixing four electrodes into diaphragm muscle and one more fifth electrode just under the skin besides the other electrodes. The electrodes are further united to an external stimulator to allow an ongoing electrical impulse to the electrodes, resulting in contraction of diaphragm aids in smooth and normal breathing. 

 

A serious ventilator-dependent person requires two mechanical ventilators, first as a primary and second as a contingency backup. Such machines need a significant amount of disposable supplies to operate accurately and securely. Once the pacing is done the patient is able to remove one of the ventilators, as the one should keep for emergency, and reducing a significant section of the associated supplies. Considering yearly replacement of external antennas, the monthly replacement of batteries, and situational supplies such as tape, alcohol preps, a diaphragm pacing system costs nearly USD1,000 per year or even less than that to operate. Rental of a mechanical ventilator and the costs of its disposables starts from USD 1,500 to USD 2,500 every month. Thus, the implantation of a diaphragm pacing system significantly have a return of investment of 3-4 years, and save USD 18,000 to USD 30,000 every year.

 

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The major driving factors of market are increasing new product developments, awareness amongst the citizens regarding the diaphragm pacing therapies, rising healthcare investments and need for technological advancement in healthcare sector. Additionally, increasing prevalence of amyotrophic lateral sclerosis (ALS) and Spinal Cord injury (SCI) surges the market growth. Moreover, increasing favorable regulations by the government for the approval of new products and rising reimbursement by the government and various private institution surges the market growth of diaphragm pace therapy system market globally. Further, rising strong product pipelines and clinical trials contributes significant growth to the diaphragm pace therapy market globally.

 

The increasing COVID-19 cases worldwide also contributes lucrative growth in the concerned market as COVID-19 treatment requires ventilators for the patients to breath and these DPTS are alternatives of ventilators hence, Diaphragm Pacing Therapy System allow normal breathing to the patients. Moreover, increasing research and development activities and rising awareness amongst the general public about the product.

 

Market participants such as Avery Biomedical Devices, Inc., Lungpacer Medical, Atrotech, Synapse Biomedical, and among others, are some of the key players operating in the global market. For instance, in April 2020, Lungpacer Medical got the U.S. FDA early market access clearance for the diaphragm pacing therapy system to assist in treating COVID-19 patients. These devices can be used as a substitute to the mechanical ventilator for patients with phrenic nerves, and diaphragm. Such initiative by the key market players helps them to increase their market share in the competitive market of Diaphragm Pacing Therapy System, globally.

 

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Leave-in Conditioner Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 Global Leave-in Conditioner Industry: Set to Witness Huge Growth by 2028

The global Leave-in conditioner market size is expected to reach USD 2,951.19 million by 2027 according to a new study by Polaris Market Research. The popularity of online retail channel has opened up new avenues of growth for the sales of leave-in conditioners across the globe. Consumers are now in a position to browse various products over internet, ask for claims types and hair types leave-in conditioners, and get the products delivered to their residents or salons. Innovation in technology, especially in terms of app and website development, has made it possible for the consumers to view different products before finalizing the leave-in conditioner. The popularity of online stores offering leave-in conditioner is likely to provide an impetus to the growth of the overall market. The easier availability of leave-in conditioner in different price ranges is paving the way for rising adoption of leave-in conditioner among various classes of consumers.

 

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 Easier availability of leave-in conditioner in different price ranges paves way for rising adoption of leave-in conditioner among various classes of consumers. Countries in East Asia & South Asia represents a major potential for leave-in conditioners. Growing awareness towards personal hygiene coupled with willingness of consumers to spend on personal care products, such as shampoos and conditioners and others is resulting in changing consumption patterns. Emerging countries, such as Malaysia, Philippines, India, China and Vietnam represents substantial potential for such products and penetration, which is likely to yield major revenue opportunities. Urbanization is driving the demand for leave-in conditioner products in emerging regions.

 

Market participants such as Unilever Plc., Sun bum, L’Oréal S.A., Bumble & Bumble, Procter & Gamble Co., Kao Corporation, Estee Lauder Companies Inc., Suave, Sephora Inc. (LVMH), Sally Beauty Holding, The Body Shop, Shea Moisture, and Paul Mitchell. For instance, Sephora Inc. are some of the key players operating in the global market.

 

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Market players involved are focused on adopting innovative technologies, such as digital marketing and reviews for brand endorsement. Players are concentrating on marketing strategies to stay ahead in intense competition within the market. The market is not only targeting higher income groups but also availing salon services for the middle-class population in order to build brand image across all kinds of consumers. Radical advancement in salon consultation provided by professionals, capital investment on signature and exclusive cuisine is expected to draw a huge number of local visitors. In addition, foreign companies are expected to expand the salon center chain across different locations. Thereby, the global market foresees tremendous growth owing to innovative marketing and diversity in salon services.

 

 

Percutaneous Coronary Intervention Devices Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 Global Percutaneous Coronary Intervention Devices Industry: Set to Witness Huge Growth by 2028

The global percutaneous coronary intervention (PCI) devices market size is expected to reach USD 11.4 billion by 2027 according to a new study by Polaris Market Research. Coronary artery disease (CAD) is causing most of deaths globally. The factors contributing to the disease include sedentary lifestyle, smoking, obesity, hereditary factors and alcohol usage. The mortality rate of CAD has been tremendously increasing grabbing the attention for researchers and clinicians globally, With the technological advancements in stent technologies, design of the guide wires, advent of next generation  coronary catheters (percutaneous transluminal coronary angioplasty (PTCA), percutaneous transluminal angioplasty (PTA) balloon catheters ), and the availability of coronary guide wires (steel based, nitinol based ) increased the treatment scope of the coronary heart diseases.

 

Polaris Market research has segmented the percutaneous coronary intervention (PCI) devices market report on the basis of product, end-use and region

 

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The emergence of dedicated catheterization labs in high income countries is also pivotal factor influencing the growth of the PCI devices market. The next generation Cath labs offers advanced services and performs interventional therapeutic procedures such as PCI, PTCA, epicardial ablations of ventricular tachycardia, aortic valve replacements and mitral valve repairs. Additionally, they also perform interventional cardiac electrophysiological procedures, pacemaker implantation and cardiac defibrillator implantation. The number of PCI procedures and other cardiac interventions is substantially increasing with the increase in the cardiovascular diseases globally.

 

To increase the performance of multi-specialty hospitals, many government and private hospitals are setting up catheterization labs for improved service offerings. This concept is gaining popularity for PCI procedures in Canada, the US, the UK, Germany, and other western countries. The factors favoring its growth include the conversion of physician’s office to alternate hospital providers, surgeons’ relationship with the manufacturers to eliminate the need of general practitioner officers (GPO), and the expansion of services provided by the hospitals.

 

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Market participants such as Abbott, B. Braun, ASAHI INTECC Company Limited, Biosensors International Group, Ltd, Boston Scientific Corporation, C. R. Bard, BIOTRONIK, Comed BV, Cook, Meril Lifesciences, Cordis, Medtronic PLC, Merit Medical System, and Terumo Corporation are some of the key players operating in the percutaneous coronary intervention (PCI) devices market. Key vendors are investing huge amounts into their R&D and introducing new technologies and launching new products to stay competitive in this market. Several products were launched in the recent past with the latest next generation technology which caters the growing needs of the physician and the patients.

 

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Electronic & Consumer Goods Plastics Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 Global Electronic & Consumer Goods Plastics Industry: Set to Witness Huge Growth by 2028

The global electronics & consumer goods plastics market size is expected to reach USD 59.48 billion by 2028 according to a new study by Polaris Market Research. The report “Electronics & Consumer Goods Plastics Market Share, Size, Trends, Industry Analysis Report, By Type (PE, PVC, PS, PP, Others); By Application; By Region, Segments & Forecast, 2021 – 2028” provides a comprehensive analysis of present market insights and future market trends.

 

In 2020, the household appliances segment dominated the global industry, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global electronics & white goods plastics industry revenue during the forecast period. A significant increase in disposable income, changing lifestyles, and initiatives by industry players to offer innovative products in the market drive the growth of the industry.

 

Other driving factors include a growing middle-class population and the increasing penetration of e-commerce platforms. Increasing demand from developing nations and technological advancements are expected to provide numerous growth opportunities to the industry players during the forecast period.

 

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There has been a shift towards e-commerce and customers are increasingly purchasing electronics & consumer goods through online platforms, which increases the demand for plastics. However, rising awareness towards e-waste management along with strict regulations imposed by several governments regarding plastic waste disposal is likely to hinder product demand in the coming years.

 

Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia Pacific fuels the demand for electronic & other goods plastics industry. Factors such as an increase in per capita income and changes in consumer behavior are expected to accelerate the adoption of electronics & consumer goods polymers in the coming years.

 

The Asia Pacific generated the highest revenue in the industry in 2020 and is expected to lead the global electronics & consumer good plastics industry throughout the forecast period. The increasing population in the region coupled with growing disposable income drives the industry growth. The improving living standards in countries such as China, Japan, and India further support industry growth.

 

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The major players in the electronics & consumer goods polymers industry include BASF SE, The Dow Chemical Company, Celanese Corporation, Trinseo S.A., Formosa Plastics Group, Covestro AG, Chevron Phillips Chemical, Mitsubishi Chemical Holdings Corporation, E. I. du Pont de Nemours and Company, and Solvay S.A 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 customers.

 

Polaris Market Research has segmented the electronics & consumer goods plastics market report on the basis of type, application, and region:

 

Electronics & Consumer Goods Plastics, Type Outlook (Revenue – USD Billion, 2016 – 2028)

• Polyethylene
• Polyvinyl Chloride
• Polystyrene
• Polypropylene
• Others

Electronics & Consumer Goods Plastics, Application Outlook (Revenue – USD Billion, 2016 – 2028)

• Household Appliances
• Consumer Electronics
• Footwear
• Sports Equipment
• Toys
• Others

 

US Midstream Oil & Gas Equipment Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 Global US Midstream Oil & Gas Equipment Industry: Opportunities in 2021

 

The U.S. midstream oil & gas equipment market is anticipated to reach USD 983.73 billion by 2026 according to a new study published by Polaris Market Research.

 

Crude oil refinery industry in the U.S. has been gaining momentum rapidly since the low crude oil price era. By the end of 2017, the country hosted a total of 141 operating refineries with an overall crude distillation capacity of approximately 18.62 million barrels per calendar day and 19.80 million barrels per steam day. The refining capacity has increased 300,000 bpcd in 2017. Such increase in capacity and complexity in the country, demand for midstream equipments will increase significantly over the forecast period.

 

The country is one of the leading five global exporters with an average of USD 22 billion for the past four years. The increasing demand for transportation fuels along with the rising complexity for clean fuels, there are legal and regulatory constraints that have actually threatened to higher global trade in many of the U.S. strategic export is driving the U.S. midstream oil & gas equipment market. The country’s exporters have been facing requirements of local contents, trade restrictions, labor requirements and rising cost along with decreasing competitiveness of U.S. exports due to growing Chinese and some European markets.

 

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The suppliers in the country face significant competition from the Korean, German and the Chinese players. By competition, the U.S. industry participants have been particularly competitive in manufacturing of gas treating and processing equipments, compressors, automatic valves, storage tanks etc. These specific trends in manufacturing of these equipments are likely to continue with the country’s exports weighted more towards specialized high tech equipments especially relating to heavy oil processing influencing the industry growth of U.S. midstream oil & gas equipment market during the forecast period.

 

The share of U.S. made equipments and appliances sector is projected to remain competitive in over the next three to four years, the country’s share of equipments being exported to the global markets, as a part of the global midstream equipment exports to the worldwide market, has reduced moderately. This is actually owing to its increasing domestic consumption during the past three years, however it is also a sign of higher competition from foreign manufacturers, as the other nations has significantly increased its share of export to the U.S. midstream oil & gas equipment market.

 

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The Southwest was the largest regional market in 2017. Texas and Oklahoma are the major contributors to the region’s high demand. Both the states host 35 refineries with Texas accounting for 30 of them. Another two refineries are planned in Texas and are to be operational by 2019. These have been planned to process the shale fuels from the Egale Ford and Permain Basin shale reserves. Construction of these refineries has been the major factor driving demand for these equipments in the region apart from the ones used for maintenance and repair operations making southwest the largest region in the U.S. midstream oil & gas equipment market.

 

Some of the leading industry participants in the U.S. midstream oil & gas equipment market include Abbot Group, Transocean, Zenith Oilfield Technology, National Oilwell Varco Incorporated, Schlumberger, Weatherford International, Halliburton Company, ENI, Baker Hughes, Cameron International, FMC Technologies, Aker Solutions.

Fast Curing Nitrile Butadiene Rubber Market 2021 Industry Outlook, Comprehensive Insights and Forecast

 Global Fast Curing Nitrile Butadiene Rubber Industry: Set to Witness Huge Growth by 2028

Fast Curing Nitrile Butadiene Rubber industry is estimated to be worth USD 678 million by 2026. Automotive segment was the dominant regional market, in terms of revenue generation. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

 

The growing automotive industry, rapid industrialization, and modernization of vehicles drive the growth of this market. The growth in global automotive industry and increasing average life of vehicles has resulted in market growth. The increasing use of the product for production of V belts, O-rings, fuel hoses, seals, and other products in the automobiles industry boosts the market growth.

 

Fast curing nitrile butadiene rubber is also majorly used in aeronautical applications owing to its ability to withstand a wide range of temperatures. This rubber is also used in molded products, adhesives, gaskets, footwear, sealants, and sponges among others. The increasing application in manufacturing of automotive products, and growing demand for vehicles drive the growth of the market. Rapid industrialization, rising automobile production, and modernization of industrial machinery further boost the growth of the market.

 

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Other driving factors include rising applications in molded and extruded products, and increasing demand from construction, mining, and medical applications. Rising demand from the emerging nations, and technological advancements is anticipated to provide numerous growth opportunities to the market players during the forecast period.

 

The increasing use of product for production of V belts, O-rings, fuel hoses, seals, and other products in the automotive industry boosts the market growth. Increasing requirement from emerging economies, technological advancements, and growing adoption of green technology are the factors that are anticipated to offer numerous opportunities over the forecast period.

 

Asia-Pacific generated was the largest regional market in 2017. The increasing demand for automotive in the region coupled with rising disposable income drives the market growth in the region. The rapid industrialization in China, Japan, and India, along with increasing demand from construction, mining, and oil and gas industries would support market growth during the forecast period. The modernization of vehicles, and technological advancements would boost the market growth.

 

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The well-known companies profiled in the report include LG Chemicals, JSR Corporation, Lanxess AG, Zeon Chemicals, Kumho Petrochemical Co., Ltd., Huangshan Hualan Technology, PetroChina Company Limited, and BASF SE among others.

 

Electric Power Distribution Automation Systems Market Size, Opportunities, In-Depth Analysis and Forecasts

 Global Electric Power Distribution Automation Systems Industry: Set to Witness Huge Growth by 2028

The Electric Power Distribution Automation Systems Market is anticipated to reach around USD 23.8 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the industrial segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period. 

 

The growing adoption of smart cities, along with high demand of smart grids has boosted the adoption of electric power distribution automation systems. The rising demand for electricity, and growing demand for efficient and low-cost solutions for efficient power distribution further support the growth of electric power distribution automation systems market. Increasing investments by vendors in technological advancements, growing need to update existing networks, and increasing ageing infrastructure would accelerate the adoption of electric power distribution automation systems during the forecast period. Growing demand from emerging economies, increasing adoption smart grid applications, and technological advancements are expected to provide numerous growth opportunities in the coming years.

 

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North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of smart cities drive the market growth in the region. The growing demand from energy sector, and technological advancements further support market growth in the region. The use of smart technologies in energy and utilities, investments in transmission and distribution infrastructure, and increasing ageing infrastructure is expected to support market growth in this region during the forecast period.

 

The companies operating in the market include General Electric, Eaton Corporation Plc, Mitsubishi Electric Corp., ABB Ltd., G&W Electric Company, Schneider Electric, Elster Solutions, Schweitzer Engineering Laboratories, Siemens AG, and S&C Electric Company. 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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https://www.prnewswire.com/news-releases/ankylosing-spondylitis-market-size-is-projected-to-reach-8-45-billion-by-2028-polaris-market-research-301255992.html

Engineering R&D Services Outsourcing Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 Global Engineering R&D Services Outsourcing Industry: Set to Witness Huge Growth by 2028

Global engineering R&D services outsourcing market is anticipated to reach more than USD 650 billion by 2025 according to a new report published by Polaris Market Research. The major factors which are driving this market is the access to low cost highly skilled resources which can work towards complex tasks of not only designing and testing but also on validation, simulation and execution. Companies are moving from business process outsourcing to knowledge process outsourcing and major industry verticals such as automotive, consumer electronics, semiconductors, aerospace and telecom are providing huge opportunities to the consulting companies. The traction of offshore outsourcing can be seen owing to the low cost and added capabilities from the service providers.

 

There are dedicated ER&D service providers which are not only providing basic services but also, they are jointly investing with the companies to expand their businesses in growing markets and geographies. Companies are also focusing on expanding their market reach along with faster turnaround times from these providers. These are some of the major advantages for the companies to outsource their services.

 

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The market for ER&D services has evolved from outsourcing of simple low-cost engineering services to capacity augmentation. At present companies are focusing more on reduced timelines, increased productivity and quality of outsourcing services. Countries such as India, China are among the biggest markets for ER&D service providers.  Growing number of engineering professionals every year coupled with low cost of service have pushed the market for ER&D Outsourcing in this region.

 

Companies in North America and Europe are considered to spend more on these services however, Asia Pacific is the largest market for the ER&D service providers. Countries such as India and China have pushed the market for ER&D and are estimated to continue the trend over the forecast period. Applications in the automotive, telecom, consumer electronics and aerospace segments is considered to have large market share in 2017

 

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There has been an increase in adoption in the offshore services as compared to onsite service due to low costs and highly skilled professionals on the offshore locations. The offshore outsourcing type would grow at a higher rate during the forecast period as compared to its counterpart. The major restrains this market is facing is the intellectual property theft specifically during the offshore outsourcing. This is the major problem faced by many companies, which eventually generates a loss for these companies. However due to strict laws and changing regulations, this challenge is expected to overcome during the forecast period.

 

Major players which are profiled in the study include HCL Technologies Limited, IAV GmbH, P+Z Engineering GmbH, Tata Consulting Services Limited, Wipro Limited, EDAG Engineering GmbH, ASAP Holdings GmbH, FEV Group, Cybage software, Kistler Instruments AG, Infosys Ltd, among others.

 

Read More : 

 

https://www.prnewswire.com/news-releases/structured-cabling-market-size-worth-15-85-billion-by-2028--polaris-market-research-301272223.html

 

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Precast Concrete Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 Global Precast Concrete Industry: Set to Witness Huge Growth by 2028

The global precast concrete market size is anticipated to reach USD 149.1 billion by 2026 growing at a CAGR of 6.6% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Precast Concrete Market Share, Size, Trends, & Industry Analysis Report, By Element (Walls & Barriers, Columns & Beams, Floors & Roofs, Paving Slabs); By Application; By End-User; By Region]: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the non-residential segment dominated the global precast concrete industry, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

 

A significant increase in disposable income, and construction & renovation of residential buildings drive the market growth. Increasing population, growing urbanization, and industrialization has increased the demand for precast concrete across the globe. The increasing need to reduce building time and costs, and growing demand for offsite construction supports the market growth. Other driving factors include safer construction sites, improved durability and load capacity offered by precast concrete, and development of public infrastructure. The increasing investments by governments for enhancing public infrastructure, and government premises further support market growth. Increasing demand in developing nations, and growth in global construction industry is expected provide numerous growth opportunities in the global market during the forecast period.

 

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Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific, such as India, China, and Japan, fuels the demand for precast concrete. Enhancement of public infrastructure such as parks, museums, and other structures by governments, along with growth in construction in urban areas would support the growth in the coming years.

 

Asia-Pacific generated the highest revenue in the market in 2018, and is expected to lead the global market throughout the forecast period. The growing construction sector and increasing disposable income drives the market growth. The increasing trend of design and aesthetics, along with increasing government investments in development of infrastructure supports the market growth in the region.

 

The well-known companies profiled in the report include Larsen & Toubro Limited, Kiewit Corporation, Bouygues Construction, Taisei Corporation, Julius Berger Nigeria PLC, Boral Limited, Forterra Pipe & Precast, LLC., Olson Precast Company, Gulf Precast Concrete Co. LLC, and Tindall Corporation. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

 

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Welding Materials Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 Global Welding Materials Industry: Set to Witness Huge Growth by 2028

According to a new study published by Polaris Market Research. The report ‘Welding Materials Market Share, Size, Trends, & Industry Analysis Report, By Type (Fluxes & Wires, Electrode & Filler Materials); By Technology (Resistance Welding, ARC Welding, Ultrasonic Welding); By End-User, By Region: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the automotive and transportation 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.

The global welding materials market is estimated to reach USD 22.8 billion by 2026 growing at a CAGR of 6.6% during the forecast period, The increasing automation in various industrial processes, and use of welding materials in diverse applications such as construction, automotive, and aerospace among others is expected to support the market growth. Increasing use of welding materials in infrastructural development, and rising construction activities especially in the developing economies accelerates the market growth. Other driving factors include increasing investments in energy infrastructure, industrialization, improving aesthetics of welds, urbanization, and growing development of new filler metals to improve purity. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the welding materials industry during the forecast period.

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Welding electrodes are developed from electrically conductive material, and are capable of conducting electric current to the weld. Consumable electrodes provide the filler metal of the weld puddle, and include welding wires, rods, plates, strips, wires and tapes, and combination electrodes. Consumable electrodes include a variety of metals and alloys such as steel, aluminum, titanium, and copper. Non-consumable electrodes include rods and electrodes used in resistance welding.

Asia-Pacific generated the highest revenue during 2018, and is expected to lead the global market throughout the forecast period. The presence of established industries such as manufacturing and automotive, substantial initiatives in research and development, and increasing automation of industrial processes drive the market growth. Rapid industrialization and growth of construction industry further strengthen the welding materials industry in the region. The increasing sale of passenger vehicles, coupled with increasing infrastructure development in countries such as China, and Japan increases the adoption of welding materials in the region.

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The well-known companies profiled in the report include Air Products And Chemicals, Inc., Praxair Technology, Inc., Tianjin Bridge Welding Materials Group Co., Ltd., The Lincoln Electric Company, Illinois Tool Works Inc., Ador Welding Ltd., Hyundai Welding Co., Ltd., Taiyo Nippon Sanso Corporation, Fronius International GmbH, Miller Electric Mfg. LLC, Iwatani Corporation, and Colfax Corporation. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach.

Multiparameter Patient Monitoring Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 The global multiparameter patient monitoring market size was earmarked at USD 4,016.0 million by 2026 and is expected to grow at 4.2% CAGR during forecast period according to a study published by Polaris Market Research. 

The prevalence of chronic diseases such as cancer and diabetes in developed and developing regions was prime driver to growth of multiparameter patient monitoring system. Figures of roughly 18 million new cancer-stricken cases in 2018 have been diagnosed. Furthermore, endocrine diseases such as diabetes and hyperthyroidism have been infecting people in emerging economies that lead to chronic conditions requiring governance of vital parameters. Geriatric population is also liable to succumb to diseases such as cancer and diabetes and that portends favorable factors for market growth.

Emerging economies such as India and China are having deep know how of technologically advanced monitoring devices that boosts industry growth in near future. Furthermore, Government has initiated many steps to bring about awareness among doctors relating to efficacy of devices that helps speedy recovery of patients.

 

Developing economies do not adhere to high market-price because of price-sensitivity; thus reviving growth in market. Howsoever a stringent regulatory scenario may lower growth in market for the devices.

 

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Portable monitors have made life easy for patients and doctors as well, by helping monitor patient recovery more accurately. The monitors can be set up at home or in hospital. These are driving factors for multiparameter patient monitoring devices market.

 

Fixed patient recovery monitor segment will respond to high growth to order of 4%. Players such as GE Healthcare and Medtronic possess high-caliber instruments that enable accuracy on various parameters such as ECG, IBP and many more.

 

The high acuity monitor system will remain adopted at hospitals and clinics because of its integration with advanced technology. Low acuity monitor system will also scale market highs with low cost of device attributed for the good performance.   

 

Geriatric population has found upbeat market figures in multiparameter patient monitoring market with elderly and convalescing patients finding it difficult to ward off the onset of chronic diseases; hence requiring monitoring at every step. This boosts market very convincingly.

 

North America currently dominates market with high awareness and a positive regulatory scenario working in its favor. Favorable market dynamics that makes available superior quality monitors impacts industry growth favorably.

 

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India also posts encouraging figures for mutiparameter devices market that has high demand in intensive care units. The elderly population suffering from chronic disease will add impetus to substantial market growth.