Interactive Video Wall Market Analysis, Impact of COVID-19 on Sales, Business Opportunities in 2021

 The global interactive video wall market size is expected to reach USD 10.23 billion by 2028 according to a new study by Polaris Market Research. The report “Global Interactive Video Wall Market Share, Size & Trends, Industry Analysis Report By Layout (Standard, Custom), By Frame Size (2×2, 3×3, 4×4), By End-Use (BFSI, Retail, IT & Telecommunications, Government & Defense, Media & Entertainment), By Region, And Segment Forecasts, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Interactive video walls are video wall units that have a quality of accepting user input with a stylus instead of peripheral devices like a mouse. This enables easy and reliable human-machine interface. It is available in a standalone touchscreen computer which enables operations and performs a task. Also, it can be a connectable apparatus that is used as a touchpad to monitor a computer from a projector.

 

Initially, interactive video walls were intended for use in retail and higher education institutions. They are now used in trade shows and exhibits, libraries, restaurants, and the medical and scientific fields. In public safety command centers, these walls are gaining traction. To strengthen their criminal crime response, police departments have begun to use interactive video walls. These walls enable cops to exchange and process data from surveillance cameras, gunshot detection systems, and crime reports.

 

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Demand for minimizing human involvement in manufacturing processes and rapid growth of the internet with the shift towards a customer-centric approach is projected to have a positive impact on the market growth. End-user adoption of these walls has been boosted by factors such as changing customer lifestyles around the world and demand for video walls with higher resolution.

The demand for interactive video walls has been fueled by a growing focus on installing them in healthcare facilities. Hospitals and healthcare providers are continually using these walls to disseminate pertinent knowledge about their services and doctors, thus improving the patient experience.

 

The prominent factors favoring the global market growth include higher demand by the physicians for the better health of patients, adoption of the interactive video wall in railways. On the other hand, higher application in the hospitality industry and corporate sector will surge the opportunities which, in turn, will peak the market growth. Some of the major players operating in the market include Panasonic, Horizon Video wall, Samsung, Leyard Optoelectronic, NEC Corporation, LG Video wall, ViewSonic, Crystal Video wall Systems, Elo Touch, and Sharp.

 

Key players in the global market are focusing their efforts on strategic acquisitions to improve their research and development capabilities, which will help them, provide innovative solutions to users and gain a competitive edge. Companies are concentrating on new product growth, which will help them expand their market presence.

 

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For example, Prestop B.V. declared in August 2019 that it will begin the development of its PCAP video wall with 46″ or 55″ displays. These screens have pop-out brackets that enable them to be used as a standard video wall. Furthermore, these walls can be constructed up to 20 meters high using PCAP screens.

 

High Voltage Electric Heater Market Is Expected to See Huge Growth. Latest Research Report

 The global High Voltage Electric Heater Market size is expected to reach USD 7.12 billion by 2027 according to a new study by Polaris Market Research. The high voltage electric heater is directly dependent on the sale of electric vehicles across the globe. To increase the adoption of thermal management in the passenger cars and other electric vehicles is to increase the number of charging stations. One approach is to install private charging points in buildings, condominium, public places, and driveways, which is already started in developed nations.

 

Charging infrastructure is mostly depending on local issues, such as national policy frameworks, regulations, deployments, fund mobilizations, public and private investments, and human resource to maintain that system in place. Government fiscal policies in the form of tax reliefs, fund allocation, and financial incentives, significantly boost up the adoption of electric vehicles.

 

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Automotive OEMs are investing in high potential heaters for electric vehicles. Though the size of the High Potential EV market is not yet large, OEMs are using the dynamic conditions, which are mainly driven by the political agenda. For example, in the current market environment of France, players making use of government financial incentives to bolster EV sales.

 

Therefore, OEMs will have advantage of first mover to increase their market share in the concerned market. High velocity is a key success factor for significant growth of High Voltage Electric Heater, which leads to investment in sales staff training, charging infrastructure and EV after-sales management, which leads the demand for High Voltage Electric Heater.

 

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Market participants such as BorgWarner Inc., Eberspacher Gruppe GmbH, Mahle GmbH, Woory Corporation, DBK David + Baader GmbH, Tutco Inc., LG Electronics Inc., Webasto SE, and Mitsubishi Heavy Industries Ltd. are some of the key players operating in the global market.

 

The companies are focusing on innovative thermal management systems to get recognition in the booming market. In line with this, the U.S based BorgWarner Inc., provider of thermal management in electric vehicles, in March 2020, announced to launch coolant heaters in India. This has two versions single plate and dual plate. Single plate is responsible for thermal management in both battery and cabin, while dual plate performs both tasks simultaneously, along-with more surface heat transfer. Both battery and cabin heaters offer power in the range of 3 to 9 KW for the input voltages of between 250 and 500 V with alternative 800 V for fast charging.

 

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Sleep Disorder Market Is Expected to See Huge Growth. Latest Research Report

 The sleep disorder market size is anticipated to reach over USD 2.61 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the sleep apnea devices dominated the global market, in terms of revenue. Asia-Pacific is expected to be the Fastest growing contributor to the global market revenue in 2017.

 

Sleep is complex neurological state that helps in restoring energy level in the body. Alterations in the quality and pattern if sleep may cause sleep disorder. Sleep disorder is defined as a sleep problem, which is characterized by snoring, insomnia, depression, and sleep apnea. Recently, in a study it is found that the approximately more than 75% of Americans from the age of 25 to 59 suffer from sleep disorder in the U.S. Sleep disorder is basically characterize by the difficulty in falling asleep, daytime fatigue, lack of concentration, anxiety, and depression.

 

The sleep disorder market is primarily driven by the increasing number individual population suffering from various mental disorders, and rising awareness for the treatment of sleep disorders in the coming years. Furthermore, the changing life style of the people, and rising preference to the sedentary life style to also support the market growth in the coming years. Additionally, changing working culture, increasing geriatric population, and lack of quality sleep to also boost the market growth during the forecast period.

 

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On the other side, increasing morbidity due to sleep disorder has increased the healthcare cost, and related side effects of the drugs, and increasing patent expiries that are used in treating sleep disorders which would impede the market growth during the forecast period.  The treatment for include medication, better sleeping habits, and devices. Medicines such as, Hetlioz (tasimelteon) by Vanda Pharmaceuticals, Intermezzo (zolpidem tartrate sublingual tablet) by Transcept Pharmaceuticals, and Silenor (doxepin) by Somaxon Pharma are some of the FDA approved drugs that are observed to be beneficial during the treatment of sleep disorders.

 

 

The industry is segmented on the basis of disorder type, device, treatment, and geography. Based on disorder type, the market is bifurcated into sleep apnea, sleep breathing disorders, insomnia, hypersomnia, circadian rhythm disorders, parasomnia, and sleep movement disorders. on the basis of devices, the market is segmented into sleep apnea devices, sleep laboratories, and mattresses & pillows. By Treatment, the market is further bifurcated as psychiatric treatment, behavioral treatment, cognitive behavioral therapy, and medication therapy.

 

The market for sleep disorder in North America generated the highest revenue in 2017, and is expected to be the leading region globally during the forecast period. High number of patient population suffering the sleeping disorders is the primary factor accountable for the highest market growth. According to the US Department of Health and Human Services reports, approximately 20% Americans are suffering from sleep disorder. Thus, increasing demand for early treatments along with increasing patient pool, and growing patient awareness for proper diagnosis methods are factors boosting the growth in North America.

 

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Asia Pacific is estimated to be the fastest growing region in terms of revenue. Growing awareness about sleep disorders and developing healthcare infrastructure are some of the factors that are projected to generate lucrative opportunities for the market in APAC.

 

The major key players operating in the Sleep Disorder industry include GlaxoSmithKline plc, Becton Dickson and Company, Cardinal Health, Natus Medical Incorporated Takeda Pharmaceutical Company Limited, Koninklijke Philips N.V., and Teva Pharmaceutical Industries Ltd. 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.

 

Polaris Market Research has segmented the global sleep disorders market on the basis of disorder, devices, treatment and region:

 Sleep Disorder by Disorder Outlook (Revenue, USD Million, 2015 – 2026)

• Insomnia
• Hypersomnia
  • Insufficient Sleep Syndrome
  • Narcolepsy
• Sleep Apnea
• Sleep Breathing Disorders
• Circadian Rhythm Disorders
• Parasomnia
  • Sleep Eating Disorder
  • Sleep Terror
  • REM Sleep Behavior Disorder
  • Others
• Sleep Movement Disorders
  • Restless Leg Syndrome
  • Sleep Leg Cramps

Sleep Disorder Devices Outlook (Revenue, USD Million, 2015 – 2026)

• Sleep Apnea Devices
• Sleep Laboratories
• Mattresses & Pillows

Sleep Disorder Treatment Outlook (Revenue, USD Million, 2015 – 2026)

• Psychiatric Treatment
• Behavioral Treatment
• Cognitive Behavioral Therapy
• Medication Therapy
  • Prescription Drugs
  • OTC Drugs
  • Herbal Drugs

 

Racing Drone Market 2021 Booming Strategies of Top Companies

 The global racing drones market size is expected to reach USD 2,060.7 million by 2026 according to a new study by Polaris Market Research.

 

Racing drones also called FPV (First Person View) refers to high speed small sized drone with specific configurations required to participate into racing sport events worldwide. Drone racing is a sport event which was initiated in Australia (2013) wherein many drone pilots met together to participate in a championship. The participating machine must have to fulfill the specific requirements of organizing leagues wherein factors such as weight, speed, motors, and propellers plays very important role. Racing drones are basically high-speed machines along with FPV camera and controller which is operated by a high skilled pilot in such sports championships.  The global racing drones market size is expected to reach USD 2,060.7 million by 2026 according to a new study by Polaris Market Research

 

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Top Key Player : Airjugar Technology Co. Ltd., Autel Robotics, DJI, eachine, Guangzhou Walkera Technology CO. LTD, Hubsan, ImmersionRC Limited, mjxrc.net, Parrot Drones SAS, RotorX, Spin Master (Air Hogs), Skyrocket LLC (Sky Viper), UVify Inc., and YUNEEC are some of the major players in this market.

 

Increasing production propelled by adoption the world, introduction of high-speed drones, rising expenditure in R&D, increasing racing sports tournaments across different countries in the world, and increasing adoption of such racing trends by different countries are some of the major factors aiding in the growth of this market. In addition, factors such as requirement of highly skilled pilots to operate these machines in the racing tournaments and complexity in assembly of parts for beginners are some of the major restraining factors impacting negatively.

  

Among drone type, the market was segmented into RTF (Ready-to-Fly) and ARF (Almost-Ready-to-Fly). RTF are the drones which comes with complete assembled parts and a controller along with it to which the operator can easily operate it directly without any difficulties to assemble the parts. ARF comes up with disassembled parts to which the operator has to combine all the parts based on its requirements to make it operable in the field. Most of the FPV pilots have their preference towards ARF drones so that they can customize it to gain more speed by replacing high speed motors, propellers, and other components based on a event eligibility criterion. ARF segment was estimated to be largest sub-segment in 2019 and also it is expected to maintain its dominance during the forecast period as well. This is owing to cost of ARF against RTF which is more expensive as it has customizable options which provide the flexibility to the pilots.

 

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Among application, the market is segmented into rotorcross, drag race, and time trial. Rotorcross is a racing event where many drones compete across an arena full of obstacles & number of laps wherein the first drone to cross the finish line wins the championship. Drag race is a racing event in which a number of pilots race together wherein the drone which achieve highest speed wins the race. Similarly, time trial is a event wherein the participants have to complete the laps in a minimum amount of time. In 2019, rotorcross segment dominated the market and expected to be largest during the forecast period as well. This is owing to increasing number of rotorcross events across different regions of the world. For instance, MultiGP is one of the biggest racing events across the world and till 2019 it has organized more than 12,500 racing events since 2015. Similarly, DCL (Drone Champions League) is another major event which occurs every year across different regions in the world. These events are expected to increase the demand for FPV across the world.

 

Among region, North America was estimated to be the largest region in 2019 and is also expected to be remain the largest during the forecast period as well. The U.S. is one of the major regions and accounted for more than 70% of share in North America. Moreover, increasing awareness for drone racing sports across the region among the audience and growing adoption across different end-use sectors are some of the major factors aiding the growth of the market in the region. Furthermore, Asia Pacific was expected to be the fastest growing region during the forecast period of 2020-2026 propelled by the countries such as China, Japan, and South Korea.

 

The global market is moderately consolidated and the top five players of this market accounted for more than a share of 45% in 2019, according to Polaris Market Research. These companies are continuously investing in R&D activities in order to fulfil the continuous demands for better technologically advanced products. Some of the major companies in this market include 

 

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Benzene Market Is Expected to See Huge Growth. Latest Research Report

 The global Benzene Market is anticipated to reach USD 111.1 billion by 2026 according to a new study published by Polaris Market Research.

 

Benzene is an aromatic hydrocarbon and a commodity petrochemical product. It is produced as by-product in stream crackers and refineries, thus its supply and demand is driven by other products derived from it. Benzene is a basic chemical and a building block for many other chemical synthesis of the global chemical and petrochemical value chain.

                          

Benzene is used in a broad range of economic sectors such as electrical & electronics, construction, consumer products, transportation, and medical. This petrochemical product has many derivatives such as ethyl benzene, nitrobenzene, cumene, cyclohexane, alkyl benzene, chlorobenzene, aniline, and phenol.

 

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The rapidly growing industries such as packaging, construction, bulk chemicals & materials, automotive, textiles and building & construction have substantially driven the applications for the benzene derivatives globally influencing the benzene market growth. Rising population in tandem with the increase in disposable incomes has led to growth of many consumer products and bulk materials. Low cost of the feedstock and economical commodity product prices have also contributed to the higher consumption of benzene derivatives.

 

 

Benzene is a petrochemical derivative and thus is subjected to price volatility. The fluctuations in the prices of crude oil directly affect the prices of the by-products derived from its hydrocarbon stream in refineries. The benzene industry is highly regulated in terms of policy frameworks as benzene is a toxic chemical where its highlevel exposure can lead to serious environmental implications.

 

Asia Pacific is the largest regional market for the benzene market due to high consumption in China. Despite a gradually slowing economy, China has witnessed all the additional benzene requirements in the past five years (2012-2017). The consumption has shifted from North America and Western Europe towards Asia and Middle East over the past decade.

 

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The diverse needs of a growing middle class in China, significant expansion in refinery capacities, large-scale p-xylene plants to feed the downstream petrochemical sector has majorly driven the benzene demand in the country. However, the performance of the China’s economy in the near future is expected to be a vital driver for benzene consumption. Albeit a slower pace, additional benzene capacities are expected to be on-stream by 2021, but just for the production of ethylene.

 

The global benzene market comprises of large number of international and domestic producers. Global benzene industry has witnessed a shift in competitive landscape towards closer proximity of the refineries. Some of the major benzene market players include Sinopec, BASF, China National Petroleum Corporation, Saudi Basic Industries Corporation, Dow DuPont, ExxonMobil Corporation, and Royal Dutch Shell plc.

 

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Sepsis Diagnostics Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 The global sepsis diagnostics market size is predicted to reach USD 1.03 billion by 2027 according to a new study by Polaris Market Research. The report “Sepsis Diagnostics Market Share, Size, Trends, Industry Analysis Report, By Product (Instruments, Blood Culture Media, Assay Kits & Reagents, Software); By Technology (Microbiology, Molecular Diagnostics, Biomarkers, Immunoassays, Flow Cytometry); By Pathogen (Bacterial Sepsis, Fungal Sepsis, Others); By Testing Type (Laboratory Testing, PoC Testing); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The key factors responsible for the market growth include innovations in biomarker-based sepsis diagnosis; growing medical attention towards ill effects of sepsis and its economic burden; and the development of technologically advanced rapid PoC diagnosis systems. Moreover, the favorable reimburse scenario in developed economies and burgeoning healthcare infrastructure in low and middle-income countries is expected to propel market growth.

 

The market is fragmented based on product, technology, pathogen, type, and region. In terms of product, the market is segmented into instruments, blood culture media, assay kits and reagents, and software. Based on technology, the market is further bifurcated into microbiology, molecular diagnostics, biomarkers, immunoassays, and flow cytometry. Based on pathogen, the market is classified as bacterial sepsis, fungal sepsis, and others. The type segment is further divided into laboratory testing, and PoC testing.

 

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Segment Highlight

• The blood culture media segment accounted for the largest revenue share of the global market as it is used in maximum cases for diagnosis. However, the kits & reagents market segment is expected to witness fastest growth over the forecast period.
• Microbiology technology segment is expected to account for the largest revenue share by the end of 2027 as the technology aids in quantitative identification and detection of microorganisms through culture media tests
• Laboratory testing segment is expected to witness significant growth over the forecast period on account of the increasing number of blood cultures conducted in laboratories across the globe
• North America region is dominating the market, holding a significant market share throughout the forecast period. The presence of major players in the region, industry-academia collaboration, and intellectual capability of the U.S. are major factors responsible for the region’s growth

 

List of Key Players

• bioMérieux
• Becton Dickinson
• Danaher Corporation
• Abbott Laboratories
• Thermo Fisher Scientific
• EKF Diagnostics
• Roche Diagnostics
• Others

 

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Plastic Waste Management Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 The global Plastic Waste Management market size is anticipated to reach USD 35.10 billion by 2026. In 2017, the recycling segment accounted for the highest share in the market in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2017.

 

The significant initiatives taken by the public and private sector for environmental protection coupled with initiatives aimed at use of recyclable packaging solutions majorly drive the market growth. The increasing population, industrialization, and urbanization further support the markey growth. Increasing demand for sustainable packaging solutions, increasing trend towards recycled plastic, and growing use of recyclable plastic packaging in various sectors boosts the market growth. Increasing environmental concerns, growing pollution levels across the world, and rising need to recycle plastic waste accelerates the growth of the plastic waste management market. Stringent regulations enforced by governments worldwide, and growing initiatives to promote sustainable waste management practices are expected to provide growth opportunities in the during the forecast period.

 

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There are numerous ways in which plastic wastes can be managed like landfilling, incineration and recycling. Among these, recycling plastic is the only environmentally sustainable method of plastic management. One particular way in which plastic waste can be reused is by reprocessing the waste into construction material. Research indicates that the resins included in the composition of plastic turn into excellent reinforcement and can be used as a high performing composite material. This material, named as Polyester Concrete, is also low-cost owing to the cheap source. With proper implementation of this process, the plastic waste can be successfully managed.

 

Asia-Pacific generated the highest market share in terms of revenue in the global plastic waste management industry in 2017, and is expected to lead the market throughout the forecast period. The growing population, rising disposable incomes, and a transition from traditional markets to the purchasing of packaged consumerist goods has accelerated the market growth in the region. The rising environmental concerns, and stringent government regulations regarding use of plastic is generating numerous opportunities for the plastic waste management industry in the region.

 

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The well-known companies profiled in the plastic waste management report include Progressive Waste Solutions Ltd., Covanta Holding Corporation, Wastecare Ltd., Reprocesses Plastic, Inc., Waste Management Inc., Suez Environnement Company, ADS Waste Holdings, Inc., United Plastic Recycling, TM Recycling GmbH., and Hahn Plastics Limited. 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.

 

Polaris Market Research has segmented the global plastic waste management market on the basis of resin type, equipment, services, source, end-user and region.

Automotive Finance Market 2021 Booming Strategies of Top Companies

 The global automotive finance market size is expected to reach USD 392.78 billion by 2028 according to a new study by Polaris Market Research. The report “Automotive Finance Market Share, Size, Trends, Industry Analysis Report, By Type (Indirect, Direct); By Service Type (New Vehicles, Used Vehicles, Others); By Vehicle Type (Passenger Vehicles, Commercial Vehicles); By Purpose (Leasing, Loan, Others); By Provider; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increasing penetration of passenger vehicles, rising modernization of vehicles, and development of autonomous vehicles are some factors expected to drive the market growth during the forecast period. Governments across the world are collaborating with automotive lenders to promote the adoption of electric vehicles.

 

The lenders are adopting technologies such as data analytics, cloud computing, artificial intelligence, and machine learning to offer timely services to customers and improve the overall experience. Integration of these technologies enables lenders to expand business operations and offer personalized offers by analyzing external databases, internal data, credit bureaus, social media, and online searches.

 

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The different types of automotive finance include indirect finance and direct finance. In 2019, the direct automotive finance segment accounted for the highest market share. However, the demand for indirect automotive finance is expected to increase during the forecast period. Indirect automotive finance is offered by the vehicle dealer through auto finance companies, local banks, and the auto manufacturer’s captive car fund company. Indirect automotive finance provides access to a wide network of lenders for consumers in varied credit situations.

 

On the basis of service type, the market is segmented into new vehicles and used vehicles. Automotive loan for new vehicles includes longer tenure owing to lower risks and manufacturer guarantee. The higher price of new vehicles and reduced risk of new vehicles result in disbursal of the higher loan amount at a lower interest rate. The down payment and EMI payments for new vehicles are lower as compared to used vehicles.

 

On the basis of vehicle type, the market is segmented into passenger vehicles, commercial vehicles, and others. There has been significant demand for automotive finance from the commercial vehicles segment owing to the high cost associated with them. The rising need to increase efficiency and reduce maintenance costs of transportation of commercial goods has significantly increased the demand for commercial vehicles, supporting the growth of this segment. Special initiatives are taken by governments in the form of subsidies, and special schemes for users of commercial electric vehicles also supplement the growth of this segment.

 

The market is segmented into banks, OEMs, financial institutions, credit unions, and others based on providers. In 2019, the banks segment accounted for the highest market share owing to benefits such as long repayment tenure, low-interest rate, and quick disbursement. Banks across the works are collaborating with Governments to promote the adoption of electric vehicles.

 

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Countries such as China, India, France, and the U.S. have introduced several incentives and subsidies to encourage the use of electric vehicles. Several banks such as Bank of America have demonstrated their support to acceptance of alternative fuel vehicles by joining the US Department of Energy’s Workplace Charging program.

 

On the basis of purpose, the market is segmented into leasing, loan, and others. In 2020, the loan segment dominated the global market. However, the demand for leasing is expected to increase during the forecast period. Automotive loan assists consumers in the purchase of a vehicle, while leasing involves payments allowing car possession for a pre-determined amount of time. Some benefits offered by leasing include lower monthly payments, reduced repair expenses, no loan approval, and easy return after the expiry of the lease term.

 

The demand from Asia Pacific is high owing to increase demand for passenger vehicles, rising disposable income, and modernization of vehicles. Growing concerns regarding air pollution and the increasing need for fuel-efficient vehicles have increased the number of electric cars in countries such as China, the U.S., India, and Japan, driving the growth of the market. The governments in the region have taken various initiatives in the form of subsidies and incentives to increase the acceptance of electric vehicles, thereby increasing the need for automotive finance.

 

Vendors in the global market are expanding their geographical presence and product portfolios to strengthen their presence. The developing nations of Asia Pacific would provide significant growth opportunities during the forecast period. Some of the major market participants in the global market include GM Financial Inc., Toyota Financial Services, Daimler Financial Services, Ford Motor, and Standard Bank Group Ltd.

 

Organic Cereals Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 The global Organic Cereals Market is anticipated to grow at a CAGR of 9.2% during 2019-2026 according to a new research published by Polaris Market Research. In 2018, the breakfast cereal segment accounted for the highest Organic Cereals market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global Organic Cereals market revenue in 2018.

 

The obese and geriatric population is increasing worldwide, promoting the growth of the Organic Cereals market. The sedentary lifestyle is encouraging consumers to adopt organic cereals to stay healthy, and gain necessary nutrients. Increasing disposable incomes in developing countries, rising awareness about health benefits of organic cereals, and growing presence of fitness centres further foster the Organic Cereals market growth. Leading global players are expanding their presence in developing nations of China, japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

 

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Health problems such as diabetes, cardiovascular diseases, cancer and others have increased significantly in the developed economies in past few years. Increasing incidences of health disorders have resulted in increased awareness regarding healthy eating habits. Health and fitness consciousness has also increased among consumers in countries such as China and India due to improving lifestyle and changing food habits. Consumers are more aware regarding their nutritional intake, and benefits of organic products, thereby accelerating the Organic Cereals market growth. Leading players in the market are also taking initiatives to increase awareness among consumers through health subscription and other marketing campaigns.

  

Asia-Pacific generated the highest Organic Cereals market share in terms of revenue in 2018, and is expected to lead the global Organic Cereals market throughout the forecast period. The growing population, rising disposable incomes, and increasing health awareness has increased the adoption of Organic Cereals market growth in the region. The increasing awareness regarding wholesome living coupled with sedentary lifestyle of consumers drives the Organic Cereals market growth. The growing middle-aged and elderly population accounts for more than half of organic food in China.

 

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The well-known companies profiled in the Organic Cereals market report include Kellogg Co., Cereal Partners Worldwide, General Mills, Organic India Pvt. Ltd., Hain Celestial Group Inc., The Kroger Co, PepsiCo Inc., Post Holdings Inc., Medifast, Inc., and EcoFarms (India) Ltd. 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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Specialty Oleochemicals Market Is Expected to See Huge Growth. Latest Research Report

 Specialty Oleochemicals Market Size To Reach $13.52 Billion by 2026

Specialty oleochemicals are special plant-based industrial chemicals and are highly priced with high profit margins. These oleochemicals exhibit interesting characteristic to be used across wide range of applications. Some of the properties include surface activity, emulsifying properties along with the beneficial biological properties. Specialty oleochemicals hold very crucial advantage of being ‘green’ relative to their petrochemical counterpart.

 

The specialty oleochemicals market is primarily driven by the sustainability factor due to its plant-based raw materials and wide array of applications globally. These chemical compounds are widely used in food, pharmaceuticals, personal care, and other consumer products. Specialty oleochemicals are also used in drilling fluids, paints, inks, agrochemicals, textile materials, and in deicing chemical agents.

 

Rising economic growth of several developing countries in the world, with complex lifestyles and increase in personal disposable incomes has boosted the growth of consumer goods and commodities making use of specialty chemicals. Consumer awareness concerning the environmentally sustainable products has also led to increased demand of end-use products made from specialty oleochemicals.

 

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The supportive regulatory framework has essentially contributed to the growth of the global specialty oleochemicals market. These oleochemicals hold significant potential for replacing petrochemical based products in few end-use applications such as paints, inks, textiles, and plastic & polymer additives. Thus, these specialty compounds represent a positive picture in terms of the growth during the forecast period.

 

Asia Pacific is the dominant regional player for the specialty oleochemicals. The export trade of palm oil, a major raw material for specialty oleochemicals, is dominated by the Southeast Asian countries, mainly Indonesia and Malaysia. These countries have been major exporters of palm oil for almost a decade. However, palm cultivation in these countries have taken place extremely fast, thus a stagnating export is anticipated on account of environmental impacts.

 

North America has also witnessed significantly higher growth in the specialty oleochemicals market. The region has witnessed high demand for personal care and pharmaceutical products that are obtained from natural derivatives. Some minor applications such as drilling fluids and inks markets have also grown substantially in terms of demand.

The specialty oleochemicals market is moderately competitive and highly consolidated. It constitutes of large number of domestic and international market players. Integration by key market players from the procurement stage to the distribution stage of the value chain is also a major phenomenon in this market. Some of key oleochemical market players include Emery Oleochemicals, KLK Oleo, IOI Group, Oleon, Evonik Industries, Kao Corporation, Vantage Specialty Chemicals, and Wilmar International.

 

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