Industry Research Report

Monday, 6 September 2021

Activated Carbon Market With Business Strategies And Analysis To 2028

According to a new study published by Polaris Market Research the global Activated Carbon Market is anticipated to reach USD 13.44 billion by 2026.

Activated carbon is a widely used adsorbent and a major component in industrial processes. Composed of homogenous and micro porous structures along with higher surface areas it shows immense stability for radiation. Stringent regulatory framework mainly in the U.S. and China markets are expected to drive the activated carbon market growth. In these markets, along with other industrially developing countries, stringent regulatory framework have reflected rising emphasis on removal of mercury. This in contrast stringent regulatory framework and stepped up enforcements have stem them from efforts to fight water and air pollution caused due to rapid industrialization.

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Increasing manufacturing activities in several industrializing countries have also added to product demand for the activated carbon market. Globally developing and increasing output from the pharmaceuticals and chemicals sector have also augmented for higher product demand due to increasing need of activated carbon for purifying feed water and several other components during manufacturing processes. Yearly increasing production of vehicles are supporting demand for activated carbon, owing to the fact that developing and even developed countries implement rigorous standards for emission from motor vehicles, thus creating the need for larger activated carbon based canisters.

Activated carbon injection technology has gained immense popularity as a primary technology for mercury removal mainly in coal-fired power plants, solid waste incinerators, cement plants and industrial boilers. Several European countries and Canada has also framed mercury emission standards, however these are not as stringent as that of in the U.S. Disinfection byproduct limit for water used for consumption is also projected to drive product demand for activated carbon market over the forecast period. This is however a mature application in most of the developed countries, but for the emerging nation especially for the Asia pacific region it is a promising end-use segment.

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The process for manufacturing of high performance activated carbons do not comply with the regulatory schemes of every developed nation and hence import or export of the products is a tedious task. Regenerated activated carbons do not retain efficiency to its full potential and increasing availability of effective yet inexpensive alternatives for activated carbon is a serious threat to the industry growth.

North America activated carbon market was the leading region in 2017. The U.S. Environment Protection Agency framed new forces of air and mercury toxic standards last year. These regulations require significant reductions for removal of mercury emitted from industrial processes. Stringent regulations for emission control in the country are the main reason that will increase demand for the product over the forecast period. Asia Pacific activated carbon market is anticipated to be the fastest growing market by 2026. China is the leading market in the region and implementation of their new five year plan for cutting down emission will drive product the activated carbon market demand over the forecast period.

Some of the leading industry participants in the activated carbon market include Oxbow Activated Carbon LLC, Prominent Systems Inc. , Silcarbon Aktivkohle GmbH , Donau Carbon GmbH , Kureha Corporation , Haycarb PLC , Kuraray Co. Ltd , Calgon Carbon Corporation , Cabot Corporation and Osaka Gas Co., Ltd.

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Pentaerythritol Market Size, Recent Advancement & Scope Top Trends

The global pentaerythritol market is anticipated to reach USD 2.34 billion in 2026 and is estimated to grow at a CAGR of 6.1 % from 2018 to 2026. Pentaerythritol market is anticipated to witness significant growth over the forecast period. Pentaerythritol, an environment-friendly raw material has an advantage of utilizing it as a material for manufacturing. It has a greener process of chemical reactions which leads to the less wasteful material. The overall amount of pollution and waste can be reduced by finding ways to embed greener raw material in the current process, which is still using the non-green material.

By using alcohols on a huge industrial scale of the reaction, both acetaldehyde and formaldehyde can be formed which will not waste resources. Formaldehyde can be synthesized from the oxidation of CH3OH (methanol, wood alcohol) with approximately 90% yield. Since the above-mentioned materials can be procured from nature, the preparation results in a greener reaction.

Owing to eco-friendly nature, pentaerythritol is a greener and useful material to use. The preparation of it creates very less waste and is created from materials which are derived naturally. It is created by condensing formaldehyde (CH2O) and acetaldehyde (CH3CHO) in a liquid solution with the presence of sodium hydroxide (NaOH), a strong basic hydroxide.

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The raw materials of pentaerythritol including methanol, acetaldehyde, and formaldehyde are used in various applications such as automotive, food & beverage, pulp & paper bleaching, medical, and agriculture. The end use application is growing in a significant manner over the forecast period. The already scarcity of aforementioned raw materials is depleting over the time which makes it more scarce.

Alkyd paints application segment had the highest market penetration in 2013. The segment is also expected to show the highest growth rate over the forecast period. Owing to less price and its toughness, alkyd coating is more common than natural oil paints. Based on oil coating, few applications include residential trim, cabinets, furniture, and doors. Moreover, metal doors & railings, and industrial equipment are its few applications.

Alkyd ink and plasticizers emerged as the second-largest segment in terms of growth rate but have a low penetration rate. The increase in demand for pentaerythritol is expected to propel the growth of alkyd inks. The alkyd ink includes properties such as film foaming, pigment interaction. Phthalate is the most generally expended kind of plasticizers, with low phthalates being at the cutting edge. DOP is broadly utilized as a universally useful plasticizer particularly with PVC.

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Taking lubricants into consideration, the market size, as well as the penetration in the market, is low as compared to other applications. The year on year growth of lubricant is low owing to high drain out time which reduces the consumption of the same. Lubricants are also open to the volatility of price owing to crude oil as a source. Fluctuation in prices of crude oil is expected to affect the cost and price of lubricants which in turn is forecasted to persist low market size and low penetration rate.

Pentaerythritol is majorly bought in bulk by the companies wherein the buyer and supplier enter into long term contract thus contributing favorably to buyer power. The importance of pentaerythritol for various end use customers, contributes negatively to buyer power. The bargaining power increases because of negligible difference of the pentaerythritol with every supplier. Hence, the bargaining power of buyer for pentaerythritol is moderate owing to aforementioned factors.

Omega 3 Market Size, Outlook, Key Prospects And Future Growth

According To A New Report Published By Polaris Market Research The Omega 3 Market Is anticipated to reach over USD 4,262.5 million by 2026. In 2017, the functional food and supplements segment dominated the global market, in terms of revenue. North America was the leading contributor to the global market revenue in 2017.

A significant increase in awareness regarding a healthy diet, changing lifestyles, and health benefits offered by omega 3 drive the growth of this market. Other driving factors include growing inclination towards use of natural and organic products, and increasing use of omega 3 in functional food and pharmaceutical. Increasing demand from developing nations is expected provide numero2us growth opportunities to the market players during the forecast period.

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There has been a growing awareness regarding health benefits offered by omega 3 among consumers. Omega 3 assists in body functions such as muscle activity, brain development and functioning, blood clotting, digestion, fertility, and cell division and growth, which has increased its adoption. Use of EPA also helps in controlling anxiety, depression and other related health problems.

Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific fuels the demand for omega 3 market. Factors such as increase in per capita income, changes in consumer behavior, and increased awareness regarding health and nutrition are expected to accelerate the adoption of omega 3 in the coming years.

North America generated the highest revenue in the market in 2017. The increasing geriatric population in the region coupled with high disposable income drives the market growth. The increasing demand of omega 3 in the region is owing to high consumer awareness regarding the benefits of omega 3, and growing health concerns. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing disposable incomes in developing countries of this region, and rising demand of omega 3 for infant formula, animal feed, and pharmaceutical.

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The different applications of omega 3 include functional food and supplements, pharmaceutical, infant formula, animal feed, and others. In 2017, functional food and supplements segment accounted for the highest market share. Use of omega 3 in functional food and supplements provide proper nutrition and enable efficient functioning of human bodies. The increasing demand of functional food and supplements from athletes and sports sector further supports market growth.

The well-known companies profiled in the report include Omega Protein Corporation, Croda International PLC, Arista Industries Inc., Cargill, Inc., Royal DSM, Pharma Marine AS, GC Reiber Oils, Nordic Naturals Inc., Reckitt Benckiser Group plc, Pharma Nord B.V., Pharmavite LL, and Natrol LLC among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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RF Components Market With Business Strategies And Analysis To 2028

According to a new study published by Polaris Market Research the global RF components market is anticipated to reach USD 23.7 billion by 2026. Innovative advancements improving antenna productivity by eliminating customary filters with cutting edge tunable filters is projected to propel the demand throughout the forecast period. The market is expected to increase its share due to expanding demand from automobile and consumer electronics industry. Growing endeavors for improvement of progressive and creative wireless framework is presumed to drive the product demand, thus the RF components market is projected to gain traction over the forecast period.

Increasing usage of consumer electronic goods such as cell phones, tablets, laptops, set-top boxes and next gen TVs is projected to fuel industry development throughout the forecast period. Growing consumer disposable income especially in developing economies of Brazil and India coupled with general developments in worldwide economy is expected to raise the demand altogether. Innovative headways in the field of wireless correspondence and improvement in materials utilized for assembling RF parts, for example, Silicon Germanium and Gallium Arsenide is likewise anticipated to drive the industry development. Expanding prominence and reception of fast systems, for example, 3G and 4G have altogether affected interest for RF parts.

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With RF advancements, items that are empowered with web conventions set out upon their reality and extension everywhere throughout the world. Developed nations, for example, Japan, U.S, and China had empowered this innovation with advanced design of specialized gadgets few years back.

Currently, the majority of the highly used frequency ranges are occupied by mobile phones or by governmental entities or unlicensed groups with constrained transmission frequency. New gadgets, for example, tablets, heads up display, and so on need to depend on less favorable frequency ranges, which have more noise conveyance than the distributed lower frequencies ranges.

Key Findings from the study suggest consumer electronics section represented for over 50% of the worldwide revenue in 2017, which is assessed to increase over the coming years inferable from rising disposable income bringing about growth appropriation of tech savvy electronic items. Growing customer spending on cell phone, tablets and other convenient electronic gadgets is expected to fuel the demand. Power amplifiers section represented more than 25% of the global market in 2017 and which is projected to develop further throughout the following years inferable from expanding pervasiveness of 3G and 4G handsets combined with developing focus on LTE idea. North America represented for more than 25% of the worldwide share in 2017. Expanding interest for better portability arrangements is assessed to drive provincial market development. Asia Pacific RF segments industry is assessed to display sensational development over the coming years ascribing to expanding selection of enhanced connectivity arrangements in the region. Antenna switches is assessed to display fast development over the forecast period, which can be essentially ascribed to expanding experimentation with switch designs especially in higher end handsets. Increasing number of 3G and 4G handsets is foreseen to extensively add to this fast development.

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Mindfulness Meditation Apps Market Size, Outlook, Key Prospects And Future Growth

The global mindfulness mediation apps market size is expected to reach USD 4,206.1 million by 2027 according to a new study by Polaris Market Research. The report “Mindfulness Meditation Apps Market Share, Size, Trends, Industry Analysis Report, By Operating System (Android, iOS, Others); By Service Type (Paid-in App purchases, Free); By Age Group (6–12 Years Old, 13–18 Years Old, and 19 Above); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Mindfulness Meditation Applications are Android and iOS apps developed to help end users to build awareness through meditation. In other words, the term mindfulness meditation helps to understand our behaviors and emotions, enjoy a moment of calm, bring more joy, clarity and peace of mind into life and helps to overcome the mental illness through free and paid available apps on devices.

On the backdrop of transforming consumer’s preference with integration of sensor technologies, increased adoption of smart phones and growing reliance on digital platform are factors contributing to the optimistic outlook of the global market. Consumers from China, U.S., Japan, South Korea and European nations is anticipated to show more willingness towards spending on mindfulness meditation apps. Over the years, the global market has witnessed several collaboration and partnerships between the app developers and public & private institutions, airlines, communities and others which has create several growth opportunities for app developers.

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Recent technological advancements by key companies, such as advanced sensor and touch input technologies are helping the end users to monitor the brain activities and to meditate properly. These new technologies are gaining momentum in the global market not only because of the physical wellness of the end users but for also providing mental wellness to the end users.

Stress and depression level among end users worldwide is playing a key factor while adopting mindfulness meditation applications. Approximately 1 out of 6 people are currently facing at least one mental disorder across the globe. In the UK, US, and China, almost more than 65%, 30%, 40% of people are reported with mental disorder respectively. As a result of this, meditation applications are becoming a source of life for overstressed end users. Key companies in the mindfulness meditation application industry, including Headspace, Calm, and others have witnessed a more than 65 Mn downloads with over 50,000 downloads each day of these apps across more than 180 countries.

Market participants such as Calm, Headspace, Breethe, Insight Timer, Waking Up, Meditopia, BetterMe, Simple Habit, Aura Health, and Moov are some of the key players operating in the global mindfulness meditation apps market. Two industry giants, Calm and Headspace holds the leading share in the global market and is likely to attract more investors and consumers in near future owing to its brand positioning across the globe.

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In June 2020, Snap Inc., the U.S. based tech start up announced the launch of in-App meditation experience in association with the Headspace, well known provider of guided meditation to improve happiness, health, and mindful-ness across the globe. The company’s feature will provide mindful and meditation exercises to the stressed individuals from daily routine.

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Structured Cabling Market Size, Outlook, Key Prospects And Future Growth

The global structured cabling market size is expected to reach USD 15.85 billion by 2028 according to a new study by Polaris Market Research. The report “Structured Cabling Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services); By Cable Type (Category 5E, Category 6, Category 6A, Category 7); By End-Use (BFSI, Healthcare, Manufacturing, IT & Telecom, Retail, Transportation, Industrial); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

There has been a massive increase in data generation owing to the increased adoption of mobile devices, BYOD, IoT, and social media. The increasing need for high-speed data transfer, growth in internet penetration, and rising implementation of smart technologies and home automation drive the market growth of the structured cabling.

On the basis of components, the market is segmented into hardware, software, and services. In 2020, the hardware segment accounted for the highest market share of the global structured cabling industry. The demand for copper cables and fiber optic cables has increased significantly in the market. Fiber optic cables are capable of delivering higher bandwidth, reduced power loss, and transmission over longer distances. Fiber optic cables can withstand heat, and electromagnetic interference while offering higher security, space efficiency, and increased bandwidth requirements.

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The cable-type segment has been segmented into Category 5E, Category 6, Category 6A, Category 7, and Others. Category 7 structured cabling is a shielded twisted pair cable developed for high-speed Ethernet connections. It supports a speed of 10 Gbps Ethernet, however, is capable of, transmitting up to 40 Gbps at 50 meters It is designed to block system noise and crosstalk, and operate efficiently during environmental hazards.

The end-uses of structured cabling include BFSI, healthcare, manufacturing, IT and telecom, retail, transportation, industrial, and others. The IT & Telecom segment accounted for the largest revenue share in 2020. The massive growth of internet services along with the growing penetration of smartphones, laptops, and other mobile devices drive the market growth of this segment in the global structured cabling industry. Advanced cabling solutions are being developed by market players for improved performance in challenging environments and provide stability to ensure uninterrupted transmission.

Asia Pacific structured cabling industry is expected to witness the fastest growth over the forecast period. Increasing demand for high-speed mobility services from industries such as retail, healthcare, transportation, and manufacturing contributes to the market growth. Increasing penetration of mobile devices, rise in investment by small and medium-sized businesses, along technological advancement in the telecommunication industry is expected to drive the growth during the forecast period.

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The growing adoption of IoT, BYOD, and cloud services is expected to attract market investments during the forecast period. The governments in this region are focusing on the advancement of communication networks to obtain high levels of internet and technological literacy by investing significantly in this market for structured cabling.

Owing to technological advancements, and the growing need to strengthen market presence, companies are collaborating in order to retain customers and gain market share in structured cabling industry. Some of the major market participants include TE Connectivity Ltd., CXtec Inc., Reichle & De-Massari AG, DataSpan, Inc., Paige Electric Co., Schneider Electric SE, Belden Solutions, Teknon Corporation, PennWell Corporation, Corning, Inc., Broadcom Inc., Brand-Rex Ltd., Hitachi Cable America Inc., and The Siemon Company.

Passenger Drones Market Overview, Trends Forecast Analysis By Top Manufactures

The global passenger drones market is estimated to reach USD 1,419.5 million by 2026 growing at a CAGR of 29.5% during the forecast period, according to a new study published by Polaris Market Research.

Passenger Drones are move people for short to medium distances. Being capable of vertical takeoff and landing (VLOT), these can replace driving on roads in cities. Passenger Drones will solve the problem of transport during peak travel time and overcoming obstacles like bridges or lakes. Not just daily commute, passenger drones can be of great significance in adversities and be used for rescue, search operations, emergency supply delivery or air ambulance.

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The growing need for cheaper, faster and cleaner transport is increasing the demand for transport alternatives. The increasing demand for intelligent technologies that reduce emissions and offer higher energy efficiency play a key role in the passenger drone market growth. The increasing penetration of mobile devices and technological advancements in components such as camera, mapping software, and others are expected to further support passenger drone market growth.

The decline in drone costs and technological advancement is encouraging significant investments in the technology. The growing urban population and their aspiration to avoid traffic congestion will further push the passenger drone market growth during the forecast period. However, safety, security, and privacy concerns restrict the market growth. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.

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Europe generated the highest revenue in the market during 2017. The increasing population, and growing need for efficient travel options drives the growth of this market. Presence of key players in the region, significant investments, and increasing technological innovation further support the market growth.

The different components used in passenger drones include hardware, software, and services. In 2017, the hardware segment accounted for the largest share in the global market. The hardware used in passenger drones include technologically advanced cameras, navigation systems, frames, controllers, propulsion systems, and others.

The well-known companies profiled in the passenger drones market report include Ehang, Volocopter GmbH, AeroMobil, Joby Aviation, Uber Technologies Inc., Boeing, Airbus S.A.S., Astro Aerospace, Cartivator, Lilium, and Terrafugia among others. These companies are consistently launching new products to enhance their offerings in the passenger drones industry. With the advancement of technologies, companies are innovating and introducing new solutions to cater to the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their offerings to improve their market reach

Structured Cabling Market Size, Outlook, Key Prospects And Future Growth

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Sports Nutrition Market With Business Strategies And Analysis To 2028

The global sports nutrition market size is expected to reach USD 33.03 billion by 2028 according to a new study by Polaris Market Research. The report “Sports Nutrition Market Share, Size, Trends, Industry Analysis Report, By Product (Sports Drink, Sports Supplements, Sports Foods); By Distribution Channel (E-commerce, Brick and Mortar), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rising awareness of the importance of diet and nutrition among athletes is driving the market growth. Athletes and fitness-savvy people strongly focus to fulfill their nutritional requirements along with their routine physical activities. Target segments such as fitness enthusiasts, coaches, athletes, and trainers emphasize nutritional requirements to influence training and recovery to enhance their performance. U.S.-based Gatorade Sports Science Institute, in association with researchers and other collaborators, studies the impact of nutrition on training athletes and spread awareness regarding sports nutrition.

Moreover, the health and supplementing industry is continuously evolving itself through innovation and new product launches according to the taste and preferences of different strata of consumers in varied age groups. In line with this, companies are leveraging plant-based vegan nutritional products in the market. For instance, in 2019, Israel based nutrition start-up InnovoPro Ltd introduced vegan chick-pea protein powder. Previously, in November 2017, Apres introduced vegan plant-based protein beverages to support their full body nutritional replenishment.

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Market participants such as Glanbia Plc., SternLife, Optimum Nutrition, Hormel Foods Corporation, CytoSport, Inc., Clif Bar & Company, Stokely Van Comp, Inc., Max Nutrition, and MusclePharm. are some of the key players operating in the global market. Players in the marketplace are introducing new products and services to stay competitive in the intense market environment.

For instance, in December 2020, MYOS Corporation, a U.S.-based advanced nutrition company entered into an exclusive agreement with Science Biotech to distribute its Fortetropin product in Australian and New Zealand markets. The product is a nutritional product developed to accelerate muscle mass gains, recovery from injury, and improves mobility. According to the company’s claim, Australia is the high-performing market for fitness products, as it is recognized as a sports-loving nation.

In July 2020, the Chelsea football club introduced its new sports nutrition service “Blue Fuel” to design personalized meal plans, to be controlled via a mobile app. It is a subscription-based service, which incorporates varied sports tested product range which includes protein powders, hydration sachets, gummies, and protein bars. It also addresses fitness aims for the players to improve their performance.

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Polaris Market Research has segmented the sports nutrition market report on the basis of product, distribution channel, and region:

Sports Nutrition, Product Outlook (Revenue – USD Million, 2016 – 2028)

Sports Drink
Sports Supplements
Sports Foods

Sports Nutrition, Distribution Channel Outlook (Revenue – USD Million, 2016 – 2028)

E-commerce
Brick-and-Mortar

Sports Nutrition, Regional Outlook (Revenue – USD Million, 2016 – 2028)

North America
- U.S.
- Canada
Europe
- France
- Germany
- UK
- Italy
- Spain
- Netherlands
- Austria
Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
Central & South America
- Mexico
- Brazil
- Argentina
Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa

Friday, 3 September 2021

Energy Drink Market SWOT Analysis, Business Growth Opportunities By 2028

Energy Drink | 2021 Scope Of Current And Future Industry

The global energy drinks market size is anticipated to reach USD 84.70 billion by 2026 growing at a CAGR of 7.3% from 2018 to 2026 according to a new report published by Polaris Market Research. The report ‘Energy Drinks Market Share, Size, Trends, & Industry Analysis Report, [By Product (Non-alcoholic, Caffeinated, Sports Drink), By Type (Organic, Non-organic, Natural), By Distribution (On-trade, Off-trade & Direct Selling), By Regions]: Segment Forecast, 2018 – 2026′ provides insights on the current market scenario and the future prospects.

Energy drinks are beverages that typically contain taurine, caffeine, vitamins, glucuronolactone, proprietary blends, herbal extracts, and amino acids, which are marketed as products that boost physical stamina and mental alertness. These beverages are formulated both with and without sugar and may or may not be carbonated, thus the product ranges are significantly broad. These products are gaining popularity among athletes, students, service members and even the adult consumers.

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In spite of the significantly increasing demand, current evidence for efficacy, performance and safety is often contradictory and unsystematic, and the primary concern of these beverages is that most of the product categories offered contain high caffeine concentrations. The media, scientific community, athletic departments, governments, including the general public have expressed several safety concerns over consumption of these products.

In a response to these types of concerns, several legislators have formulated different regulations and educational approaches to limit consumption of these products. These are some of the restraining factors that the industry participants face in the present scenario despite the growing demand.

These products experience several different traction types from many demographics, such as the Hispanics and age group between 18 – 35 are deeply inclined for these products whereas the millennial consumers opt for regular use f these beverages. In the next decades, demand for these products will be at its peak as these two consumer groups have been rising tremendously.

With such commercial momentum of popularity of these products, the industry participants are not exempted from the beverage industry’s larger forces as a whole. Demand for sugar free energy drinks or minimum sugar containing products that are formulated with natural ingredients have been rising.

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Moreover, these organic or natural beverages are to satisfy all of the functional characteristics as the conventional products, as are the expectations of the modern consumers and their complex demands. From the startups, new market entrants to the legacy brand names, the energy drinks market are still in the midst of an era of evolution which is expected to redefine these products in the near future.

The U.S. is the largest consumer of energy drinks in the present industry scenario. In 2016 and 2017, regular energy drinks demand in the country slowed down that historically performed strongly. However, demand for sugar free or reduced sugar products have seen significant success spearheading present growth in the U.S. market.

Consumers in the U.S. are also demanding for new and wide variety of natural flavors and functionality within the low-calorie beverage categories. Some of the leading brands in the country include PepsiCo, GCMMF, Coca-Cola, Heinz, GSK, Goldwin Healthcare, Power Horse, NourishCo., Taisho Pharmaceutical Co Ltd., Monster Energy, and Red Bull.

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