Flame Retardant Apparel Market Is Expected to See Huge Growth. Latest Research Report

 The global flame retardant apparel market size is expected to reach USD 5.11 billion by 2027 according to a new study by Polaris Market Research. The report “Flame Retardant Apparel Market Share, Size, Trends, Industry Analysis Report, By Product (Inherent, Treated); By Type (Woven, Non-Woven, Knitted), By Clothing Type (Durable, Disposable); By End Use; By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Manufacturers are using new technologies to develop garments with properties such as flame protection, durability, and comfort owing to the increasing demand from the industrial sector, driving market growth. Manufacturers have developed multi-utility apparels for wide range industries. Apparels of this type offer flame retardant, chemical protection, and cut protection. This offers high growth opportunity for the market growth.

 

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Manufacturers of protective clothing in North America and Europe need to comply with government regulations and standards enforced by associations such as OSHA. Governments in emerging economies are trying to establish stringent health and safety regulations and create an effective safety awareness programs for worker safety. As a result, the demand for flame retardant apparels is expected to witness growth across the regions.

 

Asia Pacific is expected to witness fastest growth over the projected period owing to the expansion of various several end-use industries such as automotive, manufacturing, and construction. In addition, the increasing number of production facilities in countries such as India and China is expected to further drive demand. Therefore, demand for protective apparels is anticipated to rise significantly driving the demand for flame retardant apparels. Recently, however, workers have started to purchase their own protective gear from online stores. Workers can choose from a wide variety of brands that comply with their company’s guidelines.

 

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Companies such as Honeywell Safety, Bulwark, Seyntex N.V., Fristads, Marina Textil S.L., DEVA F-M. s.r.o., Koninklijke Ten Cate N.V., Portwest Ltd., Lakeland Industries, and National Safety Apparel Inc. are some of the key players operating in the concerned market.

 

The market is fragmented with few major players operating across the regions. Companies such as Lenzing AG, Honeywell International, Bulwark, Kermel, 3M, W. L. Gore & Associates GmbH, and Dupont are few of the companies present across the globe and majorly provide flame retardant apparels and fabric.

 

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Medical Tricorder Market Is Expected to See Huge Growth. Latest Research Report

 Global Medical Tricorder Industry: Set to Witness Huge Growth by 2028

The global medical tricorder market size is expected to reach USD 4,902.6 million by 2027 according to a new study by Polaris Market Research. The report “Global Medical Tricorder Market Share, Size & Trends Analysis Report, By Type (USB Camera, Fiber Optic Camera, Wireless, Corded, Others), By Application (Diagnosis, Monitoring, Others), By End-Use (Hospitals, Clinics, Others) Segments, By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Medical tricorder refers to the portable and handheld scanning device that is being deployed by the consumers for self-diagnosing the medical conditions in minimal time. The device is still not launched in the market for mass usage and the researchers are still working on it to enhance the features of the device.

 

It may also be used as a general tool to measure key health parameters such as blood flow, temperature, and blood pressure. It is being deployed for the diagnosis of the patient’s health through the analysis of their key health parameters. Medical tricorder performs the diagnosis either through accessing the medical records database by using the internet connectivity otherwise as an individual device.

 

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The primary factors driving the global market comprises of substantial advancements in medical tricorder and the need for self-diagnosis of key medical parameters by patients themselves. For instance, according to the Tricorder Competition, 2013-17; HTC has implemented artificial intelligence (AI), vital sense, optical sense, and symptom checker in its newly developed DeepQ tricorder device.

 

The television shows depicted medical tricorder as a hand-held device that has high-resolution, detachable and it’s used for sending key life-sign details to tricorder device itself. It is also capable of checking all key organ functionalities while even studying the human physiology and identifying whether there’s presence of any lethal organism. Moreover, the fictional medical tricorder device shown in the television series also has a data bank containing vital information regarding non-human race and referred to as the Federation. Hence, the device was able to possibly treat different life-forms.

 

Some of the specific functions of medical tricorder device includes, precise disease diagnosis, displaying the live personal health information including, the heart rate and active health monitoring. Moreover, some other functions include, confirming immediately whether the person is feeling healthy otherwise there’s medical issue while finally, summarizing the overall health statistics of a person.

 

According to the Institute for Immersive Learning June 2020 publication, the augmented reality (AR) driven ultrasound technology of Apple’s Butterfly Network assist the doctors to guide people for their own home-based scans which brings the medical tricorder device concept very close to reality. Key market participants include, Ibis Biosciences, QuantuMDx Group Ltd., Cloud DX, Qualcomm Technologies, Inc., Ionis Pharmaceutical, Welfo Fiber Optics, Basil Leaf Technologies, LLC, Basler AG, Fujikura Ltd., Scanadu, and Hamamatsu Photonics K.K. are certain major players that are operational in the global market.

 

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In addition, according to the Jewish Business News August 2020 publication, PulseNmore has launched a portable ultrasound device that allows to easily perform ultrasound scan or pregnant women at home. The ultrasound scans from the device can be quickly sent to the gynaecologists or any concerned physician on their smartphones or any other handheld device for further medical advice and intervention. PulseNmore has partnered with Clalit, a healthcare organization in Israel to drive the distribution and usage of this handheld ultrasound devices among the Israeli women.

 

The market players are primarily focusing on performing extensive research to boost development of novel medical tricorders that could enable people for self-diagnosis of various health conditions. For instance, according to the NBC Universal May 2017 news publication, Basil Harris and other researchers are consistently involved in developing a cost-effective and highly advanced device which is capable of performing medical diagnosis within merely few minutes.

Urgent Care Apps Market Analysis, Impact of COVID-19 on Sales, Business Opportunities in 2021

 The global Urgent Care Apps market size is predicted to reach USD 9.81 billion by 2027 according to a new study by Polaris Market Research. The report “Urgent Care Apps Market Share, Size, Trends, Industry Analysis Report, By Type (In-hospital Communication & Collaboration Apps, Pre-hospital Emergency Care & Triaging Apps, and Post-hospital Apps (Rehabilitation Apps, Care Provider Communication & Collaboration Apps, and Medication Management Apps)); By Clinical Area (Stroke, Cardiac Conditions, Trauma, and Other Clinical Areas); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Urgent Care Apps also known as ‘immediate care’ apps are designed to provide the instant virtual care to the patients and offer help to the healthcare providers in context with the serious medical conditions. The urgent care apps can be accessed 24/7 and helps to deliver the immediate course of action at emergency period. The urgent care apps also help to reduce the healthcare cost and provides virtual quality care like ER (Emergency Rooms).

 

Recent developments in global market include the new app launches such as CURE ID, telehealth, virtual care apps, etc. The increasing awareness of addressing the emergency situations virtually leads to market growth.

 

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The prominent factors favoring the global market growth include increasing initiatives taken by the government and the legal authorities to address the diseases of the patients in the healthcare industry. For instance, in December 2019, the U.S. Food and drug Administration launched of an internet-based application i.e., CURE ID for healthcare professionals to treat patients with infectious diseases with novel uses of existing medicines through a smartphone, mobile device, and a website.

 

The rising initiatives in the healthcare sector to provide an extensive care to the individuals leads to foster the growth of the global market. For instance, in March 2020, a healthcare startup for senior citizens, Arvi announced to launch an emergency app i.e., SOS which provides the function to press a button on the mobile app in case of emergency to receive medical support from the company.

 

Market participants such as Medisafe, Forward Health, Allm, Johnson & Johnson, Pulsara, Hospify, TigerConnect, Vocera Communications, Twiage, PatientSafe Solutions, Imprivata, Voalte, Alayacare, Siilo, Pivot Design Group, and Argusoft are some of the key players operating in the global market.

 

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Players in the market are focusing on new launches of the app, increasing expansions, collaborations and partnerships to enhance their market and revenue share. For instance, in March 2020, the company Apple in collaboration with the CDC, the White House, and the (FEMA) Federal Emergency Management Agency has announced to launch an application and a website that helps an individual to do self-screening test for the COVID-19. The collaborations of the leading companies and the regulatory authorities formed to innovate an application based on the virtual screening of the coronavirus pandemic and care for the patients to lead them the healthier lives.

Anti-Fatigue Mats Market Analysis, Impact of COVID-19 on Sales, Business Opportunities in 2021

 Global Anti-Fatigue Mats Industry: Set to Witness Huge Growth by 2028

The global anti-fatigue mats market size is expected to reach USD 1.63 billion by 2027 according to a new study by Polaris Market Research. The report “Anti-Fatigue Mats Market Share, Size, Trends, Industry Analysis Report, By Material (Foam Rubber, Hard Rubber, Gel, and Others); By Design (Standard, Drainage, Interlocking, and Others); By End Use (Industrial, Commercial, and Residential); By Sales Channel (Online and Offline); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Anti-fatigue mats are the customized mats aimed to reduce fatigue among consumers standing on rigid surface for longer duration of time. These Anti-Fatigue mats can be manufactured from various types of materials including wood, rubber, foam, gel, carpeting materials, and vinyl. The anti-fatigue mats provide a cushion to the feet and help to support the feet. The purpose of these mats is to decrease limb disorders among workers in a manufacturing plant or site for prolonged duration.

 

This prolonged time of standing negatively impacts knees, legs, hip joints, and feet, boosting the sales anti-fatigue mats. These mats penetrated into the commercial manufacturing settings where-in sit-stand desks are increasingly becoming popular.

 

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The global market is driven with the penetration of anti-fatigue mats in the commercial settings, rising physical disorders, and favorable government policies in accordance with the health safety of workers. The time spent sitting is considered to have negative health outcomes. To avoid this many companies are using active workstations and are adopting the usage of standing desks which provide the seamless transition from a sitting to a standing desk. To provide comfortable workstation and reduce fatigue among the workers the official settings and various other commercial places are deploying anti-fatigue mats in their premises. Usage of Anti-fatigue mats in combination to the sit stand desks provide a considerable amount of relief to the employees who are using these desks for the long durations.

 

Several companies are focusing on the development of the anti-fatigue mats which are easy to maintain and clean. These mats which do not require any special care are likely to create a paradigm shift in the global market. Anti-fatigue mats are widely used in several applications from manufacturing industries to household kitchens, thus easy maintenance anti-fatigue are likely to prove to be the lucrative opportunity for the market players prevailing in the global market.  Few example of eco-friendly mats include: SATECH, Inc. has introduced slim-line anti-fatigue mats which are ideal for the commercial settings. These mats have rubber based construction and does not absorb liquid and are easy to clean. Moreover, COBA International has launched the anti-fatigue mats designed for heavy duty use in the areas which are subject to the spillage of water, oil, fluid or any chemical.

 

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Market participants in the global market include 3M, Botron, COBA International, Crown Matting Technologies, Eagle Mat, Euronics Industries Pvt Ltd, First Mats Ltd, Let’s Gel, Inc., M+A Matting, Mountville Mills, Inc., NoTrax, Rubber-Cal, SATECH Inc., Smart Step Flooring, SmartCells USA, Unifirst, Wearwell, LLC., Wellness Mats among others are some of the key players operating in the concerned market.

 

5G IoT Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 Global 5G IoT Industry: Set to Witness Huge Growth by 2028

The global 5G IoT market size is expected to reach USD 11.35 billion by 2027 according to a new study by Polaris Market Research. The report “5G IoT Market Share, Size, Trends, Industry Analysis Report, By Radio Technology (5G NR Standalone Architecture and 5G NR Non-Standalone Architecture); By Range (Short Range IoT Devices and Wide Range IoT Devices); By Vertical (Manufacturing, Energy & Utilities, Government, Healthcare, Transportation & Logistics, Mining and Others); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

5G network provides a smooth communication and networking functions and works under a wireless high-frequency technology. In addition, the technology provides an advanced, improved flexibility of wireless services, higher network speed, and reduced latency. IoT devices such as wireless sensors, computer devices, software, actuators, and others largely depend on prompt communication and data transfer services, which is provided through this technology.

 

Moreover, it offers improved flexibility of wireless services and are largely dependent on instant communication & data transfer provided through 5G technology. It plays a vital role in the evolution of communication as well as in the businesses and society in the market. For instance, in order to obtain measurements from a boiler or other equipment in manufacturing industry, 5G IoT offers ultra-reliable communications for several time-sensitive communications processes.

 

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Increased demand for manufacturing & adoption of this technology will not only provide reliable networks but also deliver fantastic secure connection for Industrial IoT by assimilating security into the network architecture. Moreover, factors such as rise in demand for processing of collected data via sensors, analyzing, and real-time tracking of business operations & other activities across several industrial sectors are some of the other factors fueling the market growth. Furthermore, with providing backing operations that require real-time access to data changes instantly and increased demand for ultra-low latency from numerous sectors are some of the factors driving the market growth.

 

However, lack of research and innovation and high upfront costs for infrastructural establishment are limiting the market growth. On the contrary, consumer landscape and changing business environment are expected to provide lucrative opportunities to the global market in the upcoming years. For instance, in 2019, Microsoft has announced a partnership with AT&T, which is a multinational conglomerate holding company in order to unlock 5G scenarios via its Azure Edge Zones. In addition, the partnership aimed at operating and extending its service using 5G and LTE networks. The Azure Private Edge Zones solutions helps in providing high-security applications such as factory IoT & robotics management, private smart grid for hospitals, among others.

 

Market participants such as Anritsu, AT&T, Bell Canada, BT Group, Ericsson, Etisalat, Huawei, Juniper Networks, Inc., Nokia, Palo Alto Networks, Inc., Qualcomm Technologies, Inc., Rogers, Sierra Wireless, Singtel, Sprint, Syniverse Technologies LLC, Telefónica, Telenor Group, Telstra, Telus, Verizon, and Vodafone, among others. are some of the key players operating in the global market.

 

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Key players in the market are focusing on launching new products & developing existing offering and have adopted various strategies to expand their foothold in the market. Also, governments in countries such as U.S., South Korea, China, Japan, among others are expected to largely adopt & implement 5G IoT technology in the coming years. For instance, Nokia and Korea Telecom (KT) has collaborated to conduct trails of 5G NFV and network slicing which will allow to provide innovative services, including virtual reality, smart factory, IoT use cases and connected cars. Qualcomm Technologies, Inc. recently announced 212 LTE IoT modem, single mode, NB2 IoT chipset which allows for less power consumption.

 

Polaris Market Research has segmented the 5G IoT market report on the basis of radio technology, range, vertical, and region

 

5G IoT Radio Technology Outlook (Revenue – USD Million, 2020-2027)

• 5G NR Standalone Architecture
• 5G NR Non-Standalone Architecture

5G IoT Range Outlook (Revenue – USD Million, 2020-2027)

• Short Range IoT Devices
• Wide Range IoT Devices

5G IoT Vertical Outlook (Revenue – USD Million, 2020-2027)

• Manufacturing
• Energy and Utilities
• Government
• Healthcare
• Transportation and Logistics
• Mining
• Others

 

Pet Wearable Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 Global Pet Wearable Industry: Set to Witness Huge Growth by 2028

The worldwide pet wearable market is anticipated to reach USD 4,172 million by 2026 according to a new research published by Polaris Market Research. In 2017, the identification and tracking segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global pet wearable market.

 

The increasing adoption of pets, along with growing awareness regarding pet care and safety majorly drives the market growth. Consumers are increasingly becoming aware of safety concerns regarding pets, which support market growth. The increasing penetration of mobile devices, and increasing disposable income encourage consumers to invest in pet wearable. Other factors driving market growth include increasing need of monitoring pets, growing adoption of IOT, and technological advancements. New emerging markets, emerging consumer demographics, and sale through online channels would provide growth opportunities for pet wearable market in the coming years.Sale of products through online channels has gained significant popularity over the years.

 

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The trend of online shopping is gaining traction in developing economies, thereby encouraging established market players to distribute their products globally. Emerging and new players are also using online platforms for promotion and sale of products. Online distribution channels offer a global platform to market players for expansion of customer base, while reducing operation cost.

  

North America is expected to dominate the global market during the forecast period. This is due to high living standards and high disposable income. Presence of global players in these countries taps market potential and boosts the market growth. Increasing use of mobile devices and increasing sale of GPS-enabled products further augments market growth. Growing concerns regarding pet safety, and technological advancements further boost the market growth.

 

The various types of pet wearable products include smart collar, smart camera, smart harness, and others. Smart cameras dominated the global market in 2017 owing to increase need to monitor pets. These cameras monitor the pet activities while also offering features such as audio and toys. Growing awareness regarding smart wearable technology coupled with increasing development of customized mobile applications and software platforms is projected to fuel the demand for smart cameras.

 

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The well-known companies profiled in the report include DogTelligent, Garmin Ltd., GoPro, Dairymaster, Fitbark, IceRobotics, Loc8tor, PetPace LLC, Whistle Labs LLC, Otto Petcare, DeLaval, i4C Innovations. 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.

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

 The global oleochemicals market is expected to reach more than USD 38.61 billion by 2026 with a CAGR of 5.9% during the forecast period as per a new study released by Polaris Market Research. The report “Oleochemicals Market [By Product Type (Fatty Alcohol, Glycerin, Fatty Acid and Others); By Application (Food & Beverage, Personal Care, Detergents & Soaps, Polymers and Others); By Regions]: Market size & Forecast, 2017 – 2026”. provides an extensive analysis of present market dynamics and predicted future trends

 

The growth in the demand for natural derived products of food and beverage, pharmaceutical industries, chemicals are the main drivers to drive oleochemicals market.

 

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Oleochemicals can be defined as various types of chemical products which are derivatives from vegetable triglycerides or animals, they include elements that are of petrochemical product origin. The basic oleochemicals are fatty acids, fatty alcohols, glycerin and methyl esters. Many companies are investing in research and development to innovate new formulations. Many countries are taking active part in developing new formulations that can help to cater to specific requirement from the end user industries. The companies are shifting their focus on the usage of bio-diesel. Due to the stringent rules and regulations in chemical industry, there has been rise in oil prices, this will further decrease the demand for the chemicals. There is also significant shift in the usage towards shale gas. Even though there are many challenges in the market, there is always an advantage of oleochemicals over petrochemicals. Therefore, there will be increase in demand for oleochemicals in the near future.

 

The consumer has shifted their focus on having healthy and nutritional food which are derived from natural origin. These is one of the main factors to increase the demand for oleochemicals market. The industry is volatile in making profit through depleting fossil fuels and this will be led for more opportunities in the usage of bio diesel. Hence, with all these advantages demand for these products are estimated to increase in the next few years.

 

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Asia-Pacific is one of the largest markets for oleochemicals. Increase in the production for palm kernel and palm oil is the driving factor to increase the demand for oleochemical in Asia-Pacific region. There is a rapid increase in the production of palm along with developing integration of raw materials. This has become the main reason for the reorganization in global oleochemical market. The key players in the industry are planning for many production facilities in Europe and U.S. 

 

The key market players in the oleochemicals market are, Ecogreen Oleochemicals, SABIC, Evyap, China Sanjiang Fine Chemicals, Godrej Industries, Archer Daniels Midland, Emery Oleochemicals, Vantage Specialty Chemicals, Evonik Industries, BASF, Wilmar International, Kao Chemicals, Alnor Oil Co, Isosciences LLC, Vegetable Vitamin Foods Company, Kuala Lumpur KepongBerhad, Eastman Chemical Company, AkzoNobel, PTT Global Chemical Public Company Limited.

 

 

Off Road Motorcycle Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 The Off Road Motorcycle Market is anticipated to reach 412 thousand units by 2026 according to a new research published by Polaris Market Research. In 2017, the recreation application dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the off road motorcycle market revenue during the forecast period.

 

The growing demand for sports and adventure activities, along with initiatives from private organizations to promote biking activities has boosted the adoption of off road motorcycles. The rising tourism activities, and growing disposable income of consumers further support the growth of this off road motorcycle market. Increasing investments by vendors in technological advancements, improving living standards, and growth in adoption of electric bikes would accelerate the adoption of off road motorcycles during the forecast period. Growing demand from emerging economies, and increasing demand from defense sector are expected to provide numerous growth opportunities for off road motorcycle market during the forecast period.

 

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 The North America off road motorcycle market generated the highest revenue in 2017, and is expected to lead the global market throughout the forecast period. The growing trend of adventure sports in this region, and high purchasing power of consumers in countries such as U.S. and Canada drive the market growth in the region. The growing tourism industry in the region further supports market growth in the region. The growing demand from the defense sector is expected to boost the market growth in this region during the forecast period. Asia Pacific off road motorcycle market is expected to grow at the highest rate during the forecast period owing to increasing disposable incomes of consumers in India, China, Australia, and South Korea, and the flourishing tourism industry.

 

The leading companies profiled in the off road motorcycle market report include Husqvarna Motorcycles GmbH, TRS Motorcycles, Kawasaki Motorcorp, Alta Motors, Chritini Technologies, Ural Motorcycles, KTM AG, BMW Group, and ROKON 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.

 

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Active Electronic Components Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 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.

 

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.

 

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In 2017, 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.

 

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.

 

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Polyacrylate Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 Global Polyacrylate Industry: Set to Witness Huge Growth by 2028

The global polyacrylate market is anticipated to reach USD 2.14 billion by 2026 according to a new study published by Polaris Market Research. Polyacrylate is among one of the most largely used polymer for numerous end-use products. The global polyacrylate market is primarily driven by the tremendous growth of paints & coatings, adhesives, and textile markets. This polymer is used in versatile applications on account of its excellent characteristics.

 

In the fast-growing paints & coatings industry, polyacrylates are used in powder coatings applied to appliances & automotive parts, in solvent-borne coatings applied to substrates in corrosive environment & construction structures, and in water-based coatings for applications in the architectures & protective segment coatings.

 

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Rising global population in tandem with the increase in disposable incomes has led to growth of many end-use industries that include high growth prospects of the Polyacrylate Market. Increase in construction activities in many nations, especially the developing countries and revamping of the older structures coupled with consumer demand for feature-rich coatings has mainly driven the demand of polyacrylates in this end-use industry.

 

Many types of polyacrylates are used in different end-use products. Sodium polyacrylate are largely used in baby diapers, personal care, and textile industry. Though these polymers do not have much technical advancement, however are widely used on account of their availability, low-cost, and substantially effective characteristics. Polyacrylates have very insignificant environmental impact with a crucial disadvantage from the substitutes products.

 

Asia Pacific is the dominant regional player for the Polyacrylate Market. China, India, and Japan are the significant countries for its growth with high consumption. Other developing countries such as Indonesia, Thailand, and Vietnam have also witnessed growth in their end-use industries such as paints & coatings with the rising construction activities, this has supported the high growth of polyacrylates.

 

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The major restraint that the polyacrylate market has witnessed is threat of substitutes. This polymer has many other resin alternatives that instead can be used for the formulation of paint & coatings and dispersants. Moreover, latest technical developments and advancements in the material science of the substitutes is also expected to become a wider restraint for the market. Few of such resins include epoxy, alkyd resins, and polyurethane. These polymeric resins have witnessed higher growth on account of their superior properties.

 

The global polyacrylate market comprises of large number of multinationals and local market players. Polyacrylates industry is highly competitive and moderately consolidates due to large number of established chemical market players. Some of the major market players for polyacrylates include BASF SE, Arkema, Evonik Industries AG, Lucite International, LG Chem Ltd., DowDupont, Kao Corporation, Sanyo Chemical, and RSD Polymers Pvt Ltd.

 

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

 Global Caprolactam Industry: Set to Witness Huge Growth by 2028

The global caprolactam market size is anticipated to reach USD 28.2 billion by 2026 according to a new research published by Polaris Market Research. The report “Caprolactam Market Share, Size, Trends, Industry Analysis Report, By End-Product (Nylon 6 Resins, Nylon 6 Fibers, and Others); By Application (Industrial Yarns, Engineering Resins & Films, Textiles & Carpets, and Others); By End-Use (Textile, Carpet, Automotive, and Others), By Regions, Segments & Forecast, 2019 – 2026” provides detailed insight on current market growth indices and future market trends.

 

Caprolactam is a major raw material for the production of nylon 6 engineering resins and nylon 6 fibers. This market is primarily driven by end- use industries such as automobiles, textiles, electrical and electronics, engineering plastics, specialty film packaging, wire and cabling and others. A rising demand for plastics in the construction, automotive and electrical and electronics sectors is expected to be key enabler to growth over forecast period.

 

Key properties including high strength, elasticity, abrasion resistance and low moisture retaining capacity is expected to boost demand. The soaring textile industry, particularly in Asia Pacific in line with growing automobile sector is expected to project demand over the forecast period.

 

Automobile industry is the industry of choice in demand for Caprolactam. Automobile industry makes use of Caprolactam in engine covers, tire cord manufacture, and gears and bearings due to their attractive properties.

 

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The growth in Caprolactam has made an impact due to rapidly growing sportswear, fashion clothing, protective clothing and others. Nylon 6 fibers are used in manufacturing textile products and industrial yarn. Nylon 6 fibers are derived from Caprolactam.

 

An expanding populace coupled with growing personal incomes of consumers has seen textile and automobile industry witness extraordinary growth. Electric vehicles having entered the market has soared consumer expectations. The strong economic indices of many middle-income countries in the world have rapidly driven demand for high product among consumers. The product is made from ammonia, cyclohexane and phenol. As these materials are petro chemically derived, the product might be subject to price volatility. The raw materials are mainly located in China and the U.S. The countries drive growth in Caprolactam market because of increasing presence of oil refineries in the countries. The year 2016 saw major price fluctuations due to pricing of raw material benzene and derivatives and restricted supply.

 

Caprolactam includes two major end-use products, nylon 6 fibers and nylon 6 resins. Nylon 6 fiber is used preferentially in carpets, industrial yarns and textile industries and Nylon 6 resins finds its way in specialty films packaging, engineering plastics, wires and cables and automotive industries.

 

China is the major consumer of Caprolactam globally amidst Asia Pacific region that has grown to be the fast-regional player. This happens due to excess capacity derived in China and immediate developments in automobile, textile and plastic industries. Substantial product is discovered in Asia pacific region such as Taiwan, South Korea, Japan, India and SE Asia. Caprolactam finds application in various end-use industries including textile yarn, industrial yarn, engineering plastics, carpet fibers and staple fibers.

 

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The location of manufacturers across the value chain is justified with product demand coming from presence of Nylon 6 fibers and resins in various end-use applications. A dominant share of Caprolactam manufactured is used in manufacture of nylon 6. Technical innovations improve the market by reducing presence of ammonium sulphate which is an environment hazard. This results in positive demand for the product.

 

The global cparolactum market comprises major international and domestic market players. Some of the key companies include BASF SE, China National Petrochemical Corp., DOMO Caproleuna GmbH, Honeywell Chemical Industries, China Petroleum and Chemical Corp, Royal DSM NV and IRPC Public Company Ltd.

 

Healthcare IT Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 Global Healthcare IT Industry: Set to Witness Huge Growth by 2028

Global Healthcare IT Market estimated to reach USD 324.9 Billion by 2026 says a new report by Polaris Market Research. The demand for healthcare IT is majorly driven by continuous technological advancements for providing improved healthcare facilities, increased government support & spending on healthcare IT solutions, and rising need to manage individual health data at a single platform. Moreover, need of decreasing healthcare cost by increasing adoption of healthcare IT systems would also influence the growth of HCIT market in the forecast period. Despite of higher investment cost, healthcare IT market would notice growth in the future.

 

Healthcare information technology (HCIT) involves the designing, development, and use & maintenance of various IT systems for the healthcare industry. Todays, healthcare industry has observed a continuous shift for value-based care model. This model is majorly focused on improving quality of care with the help of patient engagement, meeting regulatory requirements, and delivering personalized customer experience. Similarly, data aggregation, risk and care management should be considered for building interoperability between the healthcare providers.

 

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Healthcare IT market by products & service is further segmented as healthcare provider solutions, healthcare payer solutions, and healthcare IT outsourcing services. Healthcare provider solutions hold the major share of the HCIT market due to rising need for managing the patient’s health data, and interconnecting healthcare providers that in turn saves the time and cost of treatment for patients.

 

North America maintained a dominating position in the global healthcare IT market in 2017, followed by Europe and Asia Pacific. North America’s healthcare IT market is primarily driven by growing adoption of HCIT solutions, and controlling healthcare cost. In addition, need for maintaining operational efficiency in the healthcare organizations, and concern for well-established healthcare IT infrastructure would drive North America’s HCIT market. Asia Pacific has a potential market in healthcare IT industry. Countries like India, and China show rapid growth which is observed due to, continuous governments efforts for improving healthcare services to provide better infrastructure for the patients.

 

The leading companies operating in this industry include Afga Gevaert Group, Novarad Corporation, GE Healthcare, Allscripts Healthcare Solutions, Inc., Mckesson Corporation, Philips Healthcare, Cerner Corporation, Hewlett-Packward, Oracle Corporation, Optum Inc., and E-MDS Inc.

 

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Key Findings from the study suggest solutions available in the market are much more cost-effective and manufactures are continuously concentrating on the advancements that abides the governments laws for patient safety. Companies are in a stage of development of new products in order to guarantee simple implementation for healthcare providers. North America is presumed to dominate the global healthcare market over the forecast years and Asia Pacific region shows signs of high growth owing to the booming economies of India, and China.