Press Releases from Fact.MR (44483 total)
Fast Food Consumption to Remain Pivotal to Processed Cheese Market Growth, Marke …
The global processed cheese market is anticipated to reach a value pool of over US$ 24.0 billion in 2029, with growth rate pegged at over 4.4% during the forecast period (2020-2029). An upsurge in the number of foodservice chains and outlets has been playing a key role in the accelerated demand for processed cheese. The distinct flavor profile of processed cheese has made it a popular ingredient in myriad…
8 Key Takeaways from Fact.MR’s Report on Sesame Oil Market
The global sesame oil market is anticipated to exhibit an average expansion throughout the forecast period 2017 to 2022. Sesame oil is witnessing an uptick in use for cooking purposes, coupled with its increasing utilization as an important ingredient in salad dressings, and margarine. Revenues from sales of sesame oil across the globe is estimated to exceed US$ 9,000 Mn in revenues by 2022-end.
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5 Key Takeaways from FACT.MR’s Research and Forecast on Vetiver Oil Market
Rise in demand of the vetiver oils can be attributed towards its vast benefits, not only in the cosmetic field or in perfume industry but also in the pharmaceutical sector where it is used in concoctions in order to treat several skin diseases, stretch marks, reinforcing the CNS (Central Nervous System) as well as used to treat conditions such as anxiety, depression, insomnia, stress, tension, nervousness etc. The major producers…
Sunflower Oil Market: Europe to Represent a Leading Market through 2022
Increasing prevalence of cardiac diseases has led to an upsurge in demand for sunflower oil in the healthcare industry globally. Expansion of e-commerce will further impact growth of the global sunflower oil market positively. According to the report, the global sunflower oil market will register a steady CAGR growth over the forecast period, 2017 – 2022.
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Market Dynamics
Growing prevalence of cardiac…
10 Key Predictions from Fact.MR’s Report on Eucalyptus Oil Market
A sluggish expansion has been estimated for the global eucalyptus oil market over the forecast period 2017 to 2022. Global sales of eucalyptus oil are estimated to account for US$ 900 Mn revenues by 2022-end.
Over the past few years, eucalyptus oil is being adopted for aromatherapy applications, coupled with surging demand form food & beverage, and personal care products. Consumer preferences have been inclining towards naturally derived essential oils, such…
Major Distributors For Pallet Trucks Market to Witness Comprehensive Growth by 2 …
The global pallet trucks market is poised to grow at a positive CAGR of ~ 6.9% over the forecast period (2019-2028). The market has witnessed significant traction in the past couple of years owing to penetrative e-commerce and heightened demand for warehouses. The use of material handling equipment in warehouses for shipment of goods has boosted the adoption of Pallet trucks to facilitate movement and storage.
The soaring demand for material…
Top Ten Market Players In Ceiling Tiles Market to Rear Excessive Growth during 2 …
A recently compiled research report of Fact.MR envisages the global ceiling tiles market to record a splendid 9.1% volume CAGR in the forecast period, 2017 to 2026. Worldwide ceiling tiles sales are foreseen to close in on approximately US$ 50,000 Mn by 2026-end.
Remodeling & Renovation Activities to Remain Key Trends Influencing the Market Growth
Surging awareness about the requirement of home décor, growing GHDI across emerging countries, and elevating home prices,…
Top Ten Suppliers Of Aluminium Foil Packaging Market to Witness Huge Growth 2030
The global aluminium foil packaging market is poised to reach US$ 40 Bn by 2030, with a steady growth rate of 6% over the forecast period. Mounting demand for ready-to-eat foods and increasing demand for pharmaceutical products, amid the COVID-19 crisis is providing significant growth opportunities for the aluminum foil packaging market. Presence of e-commerce platforms and increasing number of online food delivery aggregators have also contributed to the development…
Top Ten Market Players In Eugenol Market to witness consistent growth 2026
Eugenol is found in essential oils of various plants. Eugenol is considered as versatile molecule used as an ingredient in various products including pharmaceutical, food industry, fragrance, flavor, cosmetics, etc. Eugenol also exhibits antioxidant, antibacterial, anti-microbial, anti-cancer, and anti-inflammatory activities. Around 80-90% of eugenol is present in clove bud oil, while around 82-88% of eugenol is present in clove leaf oil. Hence, clove is considered as the main source of…
Tractors Market In North America Record an Exponential CAGR by 2026
As global food consumption levels soar through the roof, the average crop yield of agricultural sectors across the globe is being hard-pressed beyond its threshold. While depending on uncertain elements such as weather, crop quality, soil quality and incentive schemes distresses the farmers, their reliability on tractors as the key agricultural machinery remains conformed.
In the future, increasing farm produce and the outcomes of several major farming activities will remain highly…
Top Ten Market Players In Food Service Packaging Market to Perceive Substantial …
In terms of volume, a CAGR of 6.9% has been slated for the global food service packaging market throughout the forecast period (2017-2026), according to a new Fact.MR report. Worldwide sales of food service packaging are poised to account for over US$ 170,000 Mn revenues by 2026-end.
global foodservice packaging market
With surging health-consciousness among consumers across the globe, numerous commercial as well as non-commercial foodservice outlets, with healthy and nutritious meal…
Europe Control Valve Market to Undertake Strapping Growth during 2026
Advancements in automatic control technology has instrumented the increasing applications of mechanical control components such as control valves. Several industrial processes are being automated, and control valves are being used to control the flow of fluids. New control valves are being equipped with smart technologies and high-tech sensors that can gauge the pressure, liquid level and temperature effectively. Manufacturers are also working towards increasing the accuracy of control valves in…
Top Ten Market Players In Generator Market to Maintain Healthy Growth By 2030
A new report by Fact.MR has slated that the global generator market will ride on an average 4.5% CAGR, in terms of volume, during the forecast period (2017-2026). In terms of value, sales of generator across the globe are poised to reach approximately US$ 39,000 Mn in revenues by 2026-end.
Globally, generators are benefitting with escalating concerns regarding energy security, which in turn has led prospective generator end-users seek ways for…
Top Ten Market Players In Generator Market to Witness Exponential Growth by 2030
A new report by Fact.MR has slated that the global generator market will ride on an average 4.5% CAGR, in terms of volume, during the forecast period (2017-2026). In terms of value, sales of generator across the globe are poised to reach approximately US$ 39,000 Mn in revenues by 2026-end.
Globally, generators are benefitting with escalating concerns regarding energy security, which in turn has led prospective generator end-users seek ways for…
Pegfilgrastim Biosimilar Market to Exhibit 10% CAGR through 2026; COVID-19 Pande …
Chemotherapy and/or radiotherapy is used for the treatment of most cancers. However, chemotherapy and radiotherapy have a very common side effect called neutropenia, and pegfilgrastim is required for its treatment. A study conducted on patients who received chemotherapy in 2016-2017 to evaluate the occurrence of chemotherapy-induced febrile neutropenia (CIFN) showed that, out of 200 patients, 9.5% patients developed neutropenia. Neutropenia patients are highly susceptible to infections, and for this reason,…
Injection Pen Market to Top US$ 6 Bn in 2030; Arrival of COVID-19 Vaccines Proje …
Amid rising demand for better accuracy in administering required medications to patients, the injection pen market is finding itself impressive growth opportunities. A new study by Fact MR projects the injection pen market to reach US$ 6 Bn by the end of 2030.
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Rising prevalence of various chronic ailments has been enabling growth in the injection pen market. These pens allow…
Ornithine Transcarbamylase (OTC) Deficiency Treatment Market to Reach US$ 900 Mn …
Genetic disorders have been highly prevalent since the past several years. Amongst all the genetic anomalies known to humankind, urea cycle disorders (UCDs) and ornithine transcarbamylase (OTC) deficiency are highly prevalent around the world. OTC deficiency is inherited in an X-linked recessive manner - males are more commonly affected as compared to females. The prevalence of OTC deficiency is estimated to range from 1 in 14,000 to 77,000 people. Therefore,…
Surgical Equipment Market to Close in on US$ 15 Bn by 2030; High Focus on COVID- …
Surgical equipment comprises electrosurgical and endomechanical devices that are used for minimally-invasive surgeries as well as open or invasive surgeries. Some of the common endomechanical surgical devices are staplers, litigation kits, trocars, and forceps. Electrosurgical devices, on the other hand, use high frequency electrical current to desiccate, cut, or coagulate tissues. In the coming years the market will witness greater demand as minimally-invasive procedures become more widespread.
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Respiratory Virus Vaccines Market to Expand at 8% CAGR; Race to Develop COVID-19 …
Incessantly rising demand in response to the unbridled spread of COVID-19 has pushed the respiratory virus vaccines market to the fore. Fact MR’s recent study on the market is intended to offer insights into the future and discover hidden opportunities for market players. Increasing R&D investments and initiatives are aiding exponential growth in the market.
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Considering that the aforementioned trend will…
Rare Neurodegenerative Disease Treatment Market to Reach US$ 116 Bn by 2030; Red …
The global rare neurodegenerative disease treatment market is projected to witness steady growth at a CAGR of 5%, reaching a valuation of over US$ 116 billion by 2030. However, the coronavirus outbreak is expected to have a marginally negative impact on the industry in the short term. Supply chain issues and dedication of healthcare facilities towards handling the unprecedented challenges of the pandemic are hindering market growth at present.
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Blood Gas and Electrolyte Analyzer Market to Reach US$ 5.7 Bn by 2030; Supply Ch …
Rise in awareness of blood gas and electrolyte analyzers and increasing geriatric population are some of the key drivers for the growth of the blood gas and electrolyte analyzer market. Other factors such as technological advancements in products, thereby increasing efficiency and accuracy, are also crucial aspects that will affect market growth in a positive way. One such advancement is portable blood gas and electrolyte analyzers, which have greatly enhanced…
Brachytherapy Devices Market to Cross Value of US$ 2.1 Bn by 2030; Minimal Negat …
The global brachytherapy devices market is estimated to witness a massive growth rate of 8% from 2020 to 2030. The COVID-19 pandemic has had a slightly negative impact on the market. The fact that patients have reduced visits to hospitals and healthcare centers due to the pandemic is impeding market growth to some extent.
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However, other factors such as increased geriatric…
Microdermabrasion Devices Market to Reach US$ 273 Mn by 2030; Prioritizing of CO …
Microdermabrasion is a skin care technique getting extensively popularized, owing to its non-invasive method, thereby providing rapid growth of 4.3% to the microdermabrasion devices market in terms of revenue. However, the COVID-19 pandemic has proven to have a slight negative impact on this market. The pandemic has lowered the growth of the market due to lesser supply and demand for microdermabrasion devices across the world.
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Medical Imaging Phantoms Market to Reach US$ 200 Mn by 2030; COVID-19 Pandemic N …
With constant increase in the usage and wide application of imaging devices such as X-rays, CT scanners, etc., the need for advanced and upgraded medical imaging phantoms that provide better and consistent results has become a priority in the healthcare industry. This has proven to be a key driver for the growth of the medical imaging phantoms market. Moreover, factors such as increased R&D and investments by key players are…
Ultra-low Temperature Freezer Market to Cross US$ 750 Mn by 2030; Exponential In …
The COVID-19 pandemic, which has been responsible for devastating effects on businesses around the world, has, in fact, proved to be beneficial for the ultra-low temperature freezer market. Key reason being, rising demand for storage units across hospitals, blood banks, etc., due to increasing cases of diseases across the globe. This factor has significantly affected the ultra-low temperature freezer market in a positive manner, which makes it one of the…
Gamma Probe Devices Market to Exhibit 10% CAGR through 2030; Supply Chain Disrup …
Growing prevalence of thyroid and breast cancer and increasing mortality rate are expected to propel the growth of the gamma probe devices market over the years ahead. According to the American Cancer Society, the most rapidly increasing cancer in the U.S. is thyroid cancer, and the most common cancer among American women is breast cancer after skin cancer. Increasing preference for minimally-invasive image-guided procedures and recent advancements in gamma probe…
Indirect Calorimeter Market to Cross US$ 60 Mn in 2030; Positive Impact of Covid …
This particular market is one of the few to benefit from the COVID-19 pandemic. Hospitals have shown significant increase in the demand for indirect calorimeters, especially standalone calorimeters meant for critical care units. On the other hand, portable calorimeters have also seen a rise in demand from research institutes due to inclined interest in research & development by key players in this market space.
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Polymerase Chain Reaction (PCR) Market Poised to Expand 2X Through 2026, Buoyed …
Polymerase Chain Reaction (PCR) techniques have found increased application in pharmaceutical, biotechnology and life sciences industries. PCR is primarily used for developing assays, test kits & solutions, and culture media in the tissue culture industry. Adoption of this technique is the end result of important technological breakthroughs in the healthcare industry.
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PCR is also used to determine the genesis of…
Monopolar Electrosurgery Market Set to Expand at 4% CAGR Through 2025, Buoyed by …
Over the years, preference for minimally invasive surgical procedures has increased. This is attributed to several technological advancements to reduce trauma to patients. Growing adoption of laparoscopic procedures for colorectal cancer surgery, hernia repair, and plastic surgery has augmented demand for monopolar electrosurgical devices. In addition, automation in laparoscopic procedure has provided immense boost to its growing acceptance.
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On the back…
Global Spending on Medical Education to Increase Rapidly Through 2027, Popularit …
The medical education market is poised to expand at a CAGR of 4.2% during the forecast period (2020-2027). Rising investments in healthcare infrastructure has led to the dissemination of quality medical education around the world. The ongoing novel coronavirus pandemic is also anticipated to significantly influence the market prospects of medical education, attributed to increased usage of online educational fora.
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Medical…
Oligonucleotide Synthesis Market on a Positive Growth Trajectory, Supported by D …
Over the years, application of oligonucleotides has been widespread in the healthcare industry. They are generally used to determine DNA sequences in gene reconstruction and site-directed mutagenesis. They are also used to inhibit gene expression in in-vitro studies for diagnostic purposes. Such a vast applicability of oligonucleotides have prompted an array of developments in synthetic chemistry.
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Integrated DNA Technologies, for instance,…
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated…
COVID-19 Pandemic to Open New Avenues for Global CRISPR and Cas Genes Market Gro …
As the COVID-19 pandemic tightens its grip on the world, healthcare providers and practitioners are racing against time to find reliable diagnosis and cures for the deadly disease. The pandemic has especially broadened the growth prospects of the global CRISPR and Cas genes market, projected to expand at a stellar 21.2% CAGR during the forecast period (2020-2026). Various clinical trials and research studies have proved that adoption of CRISPR-Cas testing…
Global Advance Wound Care Market to reach nearly US$ 15 Billion by 2030, Market …
The global advance wound care market was valued at US$ 10 Bn in 2019 and is poised to expand 1.4x by 2030, to reach a value pool of almost US$ 15 Bn. The high prevalence of chronic wounds has leveraged the utilization of advanced wound care products. Wound cleansers, foam dressings, and honey dressings in hospitals are boosting revenue growth of the global advance wound care market. According to IDF,…
Tunnel Lighting Market to Exhibit Steady 5% CAGR through 2030; Market Back on Tr …
Adoption of energy-efficient LED lighting and control systems with improved technologies is expected to drive the tunnel lighting market over the forecast period, according to Fact.MR. Moreover, increasing transportation infrastructural development is projected to be a key contributor to market growth over the coming years. Developmental projects, especially in road and rail infrastructure, taken up by developing countries such as India and China, are expected to positively impact market growth.
Innovations in products…
Textile Chemicals Market to Gain Impetus as Sustainability Takes Precedence in R …
According to a recent study by Fact.MR, the surging apparel sales via online retail shops have been enabling sustainable growth in the textile chemicals market amid COVID-19. Some of the leading players are focusing on improving their online presence to offset lack of footfall in brick and mortar stores.
This factor, while enabling growth in the textile sector, will create growth prospects for the textile chemicals market as well. Textile chemicals are a…
Base Oil Market Players Look to Capitalize on Commercialization of GTL Technolog …
A new Fact.MR analysis projects base oil market to grow at approximately 2% CAGR during the forecast period from year 2020 to 2030. According to the report, broader growth of the automotive sector will be crucial for the prospects of the base oil market players during the assessment period. The study further opines that growing focus on reducing toxic pollutants and shift toward electric vehicles can induce a decline in demand.
Key Takeaways…
Bearing Market Players Pin their Hopes on Automotive Revival, says new Fact.MR S …
According to a new study by Fact.MR, global bearing market growth will hover around 7% despite fundamental weaknesses induced by COVID-19 pandemic. Market players are readying for the opportunities as reversal of lockdowns has created stimulus in many markets. However, the uncertainty over second wave of the pandemic and lack of investor confidence can delay recovery to late 2021 or early 2022, according to the study.
Key Takeaways from Bearing Market Report
Global bearing…
Industrial Floor Scrubber Market to Surpass US$ 2.9 Billion in 2020 Despite COVI …
The global industrial floor scrubbers market is estimated to surpass a valuation of US$ 2.9 billion by the end of 2020. The industry is likely to gain traction during the coronavirus outbreak owing to strict implementation of health and safety rules, and increased demand for industrial floor scrubbers from the healthcare and pharmaceutical industries. However, reduced demand from the food service and manufacturing sectors owing to lockdown restrictions will limit growth in…
Industrial Salt Market Set to Cross US$ 19.5 Bn by 2030; Reduced Demand from Oil …
Industrial salt is one of the key elements used for oil & gas drilling applications and to maintain the density of the crude oil produced. Growing demand from this sector has significantly assisted the revenue growth of manufacturers channelling industrial salt during the historical period. However, with the ongoing COVID-19 crisis, demand has declined, and a majority of manufacturers have shut down their operations across the world. Decline in oil…
Conveyor System Market to Witness Sluggish Growth with Diminishing Demand From E …
The global conveyor system market was valued at ~US$ 12.1 Bn in 2019 and is anticipated to surpass US$ 12.9 Bn during the forecast period 2020-2030. The market is slated on a course of sluggish growth at 2.9%. The manufacturing sector has witnessed a paradigm shift with the implementation of Industry 4.0 technologies across various industrial sectors. With the growing trend of automation, manufacturing units have implemented Industry 4.0 standards to reduce…
Edge Computing Market Exhibits Stellar 30% Growth on the back of Proliferating D …
Edge computing products facilitate enhanced processing power and data transmission between connected devices. Shift in consumer preference for smart devices over conventional vehicles, and homes drives the demand for edge computing components such as services, software, and edge-managed platforms. Industrial automation trends that employ artificial intelligence (AI), and machine learning (ML) to curb costs and increase production capacities also contributes to growth.
The global edge computing market exhibits a skyrocketing growth trajectory with…
Global Refractories Market to Foray Ahead with Heightening Demand from Steel Ind …
Global refractories market is forecast to reflect moderate growth of under 4% during the forecast period. Steel sector for refractories, among all end use industries is well positioned to continue dominating the demand pie with close to three fourth of the overall refractories consumption by 2030. The years ahead are forecast to experience new trends of clay-based refractories, which will put more pressure on steel, cement and other allied industries to satisfy…
Inclination towards Energy Efficient Production Set to Drive Industrial Insulati …
A huge impetus in industrial production and power generation across the globe is set to drive the demand for energy efficient industrial insulation. Availability of raw materials coupled with advancements in material sciences are helping manufacturers capture profitable revenue opportunities in the industrial insulation market. The global industrial insulation market is expected to grow more than 1.6X during the forecast period (2019-2029). Favourable developments in oil & gas exploration projects are…
Non-Destructive Testing Market to Grow 1.8X on Back of Consumer Demand for Enhan …
Surging demand for enhanced accuracy, cost efficiency, and non-intrusive testing to evaluate the properties of materials or components across industries will drive the demand for non-destructive testing. The global non-destructive testing market will grow at a positive 6% CAGR during the forecast period. Advancements in non-destructive testing methods such as digital ultrasonic testing and heightened portability furthers the adoption of non-destructive testing. Economies across the globe are investing in cost effective and…
Cost-efficiency and End-use Versatility to Propel Geotextile Market to Stellar 1 …
Surging road construction in developing economies and proliferation of measures taken to prevent soil erosion is driving sales of geotextiles. Governments around the world are propagating the use of geotextiles to increase pavement life in a cost-efficient manner. The global geotextile market will grow three-fold during the forecast period (2019-2029). Advancements in material science to improve polyethylene, propylene, and polyether production will positively impact the geotextile manufacturing processes. Innovations in raw-materials such as…
Global Medical Waste Containers Market to Expand 1.4x through 2026, Innovations …
The global medical waste containers market is forecast to expand 1.4x at a CAGR of 5.1% during the forecast period (2020-2026). Medical waste disposal and management is a major concern globally. Several governmental, non-governmental and community level organizations have collaborated to assist hospitals and other healthcare institutions to manage their waste. These bodies are actively engaged in recycling, collection and disposal of medical waste.
According to the Environmental Protection Agency…
Construction Equipment Rental Market to Witness 1.6X Growth, on back of High Cos …
An impetus in construction, mining, and agriculture sector globally, acts as a central driving force behind the growth of the construction equipment rental market. The high cost of procuring next generation construction equipment with features such as lift assist, predictive maintenance systems, and 360 vision cameras, heighten the demand for rental services. The global construction equipment rental market will grow 1.6X during the forecast period (2019-2029). Booming infrastructure development in emerging…
3D Scanner Market to Record Robust Growth, with Rampant Adoption of Digitization …
The global 3D scanner market size is expected to reach the valuation of US$ 5 Bn by end of forecast period while growing at a CAGR of 14.5% between 2019 and 2027. The 3D scanner market with numerous applications and technologies has gained immense traction across the globe on the back of mounting concern for quality assurance, inspection management, and engineering rescheduling. The evolution of 3D scanner products is underpinned by several…
Business Process Outsourcing Market to Double by 2029 on Back of Technological A …
Scarcity of resources, high price of in-house teams, and cost efficiency of outsourcing is set to bolster growth of business process outsourcing market. The global business process outsourcing market will grow at an impressive 7.5% CAGR during the forecast period. The omnipresent need to cut costs and ensure smooth running of secondary business functions is set to drive mass-adoption of BPO services. Rapid advancement of IT infrastructure components such as servers,…