Monday, 26 July 2021

Cold Storage Market Analysis Report - Industry Trends, Growth and Segmentation 2025

26th July 2021 – Global Cold Storage Market is predicted to reach USD 212.54 billion by 2025 owing to the increasing retail sector in the emerging countries across globe. Cold storage is a room with low temperature maintained by using machinery and appropriate equipment. India, a developing economy is observed as a special geography with a wide range of quality soil that can produce various types of vegetables & fruits along with marine products in huge quantities in coastal areas.

The cold storages play a very important role in extending the shelf life, marketing period, avoiding excess supply and reducing transport bottlenecks in the high time of production and maintaining production quality. In short, cold storages are essential for minimizing the wastage of perishable items and hence offering remunerative prices to the farmers and producers. The ever-growing population and the demand for food products are expected to boost cold storage market with a CAGR of 12.4% in coming years. The retail sector in the emerging economies are progressively getting organized. The licensed retailers of the organized retail industry sell products of different varieties. As compared to the traditional provisions, the organized retail provisions use improved storage technology and better refrigeration techniques. These factors are predicted to augment the cold storage market in near future.

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However, the lack of infrastructure required for market development is the major challenge for the cold storage market players to expand in the emerging markets. Moreover, shortage of power hook-ups for reefer trailers at transportation centers and ports with inconsistent power supply for cold storages are expected to increase the operation costs. On the other hand, these restraints also provide opportunities to the cold storage market players to introduce innovative solutions or implement alternative energy sources to overcome the unpredictable power supply in developing regions. Besides, new transport modes like versatile refrigerated containers are developed to overcome the adequate transportation facility. These actions can offer access to global market and bring in opportunities for the producers and small businesses in these areas.

Cold storage market can be categorized on the basis of temperature type, application and geography. On the basis of temperature type, the market can be divided into chilled type and frozen type. In the terms of application, market can be divided into vegetables & fruits, fish, dairy products, pharmaceuticals and seafood & meat. Geographically, the cold storage industry is segmented as North America, South America, Europe, Asia Pacific and Middle East & Africa. Asia pacific is expected to dominate the cold storage market in near future owing to the growth in the refrigerated storage capacity. Especially, Indian market is predicted to hold less than half of the entire cold chain capacity to meet its current requirements.

The key cold storage market player profiled here are Americold Logistics LLC, Al Rai Logistica K.S.C, Agro Merchants Group, Burris Logistics, Barloworld Limited, Cloverleaf Cold Storage, Gulf Drug LLC, Henningsen Cold Storage Company, Kloosterboer, Lineage Logistics, Nordic Logistics, Oxford Logistics Group, Oceana Group Limited, Preferred Freezer, RSA Logistics, Swire Group, VersaCold Logistics Services, United States Cold Storage Inc., Wared Logistics and Wabash National Corporation.

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Friday, 23 July 2021

Smart TV Market Analysis, Growth Forecast by Manufacturers, Regions, Type and Application to 2025

23rd July 2021 – Global Smart TV Market size is expected to reach USD 292.55 billion by 2025. A smart TV is also known as “hybrid or connected TV”. It is a television set that could be connected to the internet through Wi-Fi connection. Smart TV is a technological union between computers and flat screen television sets and set-top boxes. It provides complete home entertainment to the users and allows to use all features donned by smartphones or computers. It offers various features like internet accessibility, GPS system, storage capacity, entertainment features such as music, movies& games, and ability to connect other devices like smartphone or tablet.

Smart TV is integrated with internet connection, which allows users to access popular websites including YouTube, Hulu, Facebook, Amazon Prime, & Netflix. It provides a facility to record TV programs. The Smart TV market is expected to witnesses a CAGR of 9.5% over the forecast period as the scope, product types, and its applications are increasing across the world. The rising demand for 4K & HDR resolution TVs ,increasing urban population, changing lifestyles, increasing internet users, growing demand for internet connected multimedia devices, rising disposable income of consumers, high investments in technological advancements by industry players, increasing consumers’ inclination toward high-tech devices, on-going TV network digitization, and rising marketing strategy by key manufactures are the factors anticipated to boost the growth of the market in the forecast period.

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However, high cost, lack of awareness about the advancements in developed and under developed nations, rising adoption of smartphones, personal computers or tablets are expected to negatively affect the growth of the market in the forecast period. The market is categorized, based on technology, component, resolution, screen size, screen type, application, and geography. Screen sizes that could be explored in smart TV include below 32 inches, 32 to 45 inches, 46 to 55 inches, 56 to 65 inches, and above 65 inches. The “46 to 55 inches” display category is expected to hold the largest market share over the forecast period. This growth may be attributed to growing consumer preference toward large-screen displays, and features such as high picture quality and high resolution with Dolby digital sound.

Resolution such as 4K UHD TV, full HD TV, HDTV, 8K TV, and others could be explored in smart TV, in the forthcoming years. The “4K UHD TV” segment is projected to grow at the highest CAGR in the forecast period due to their declining prizes and increasing demand. According to CTA (Consumer Technology Association), the sale of 4K smart televisions is growing because of HDTVs. Many companies have adopted the quantum dot technology and the nanotechnology to improve the picture quality. The Smart TV market may be classified into technology such as liquid crystal display, plasma display panel, light emitting diodes, and organic light emitting diode.

Asia Pacific accounted for 30% share of total market in 2016 and is anticipated to hold the largest market share in the forthcoming years due to the presence of key manufacturers, increasing demand for 4K UHD televisions by the end users, and growing disposable income of the consumers. Similarly, consumers’ inclination toward branded products are anticipated to boost the growth of the Smart TV industry in the years to come. Japan and Korea are the major consumers and producers of the smart TVs. Further, North America and Latin America are expected to follow the market in the coming years.

The key players operating in the Smart TV market are Sony Corporation, Koninklijke Philips N.V., LG ElectronicsInc., TCL Corporation, Hisense, Toshiba Corporation, Videocon Industries, Panasonic Corporation, Onida Electronics, Samsung, Haier Group, Intel Corporation, Microsoft Corporation, Apple Inc., Sharp Corporation, Boxee, Vizio Inc., TELE Systems Electronics S.r.l, Nyxio Technologies Corporation, Logitech International S.A., Yahoo Inc., and Advanced Micro Devices Inc. These market players strongly invest in the expansion of their business and the development to maintain a top position in the market. Also, these players concentrating on new joint ventures, collaborations, agreements, and strategies to improve their production facilities and gain a larger share in the market.

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Thursday, 22 July 2021

Roofing Chemicals Market - Industry Size, Growth, Applications, Opportunities and Forecasts to 2025

23rd July 2021 – The global Roofing Chemicals Market is estimated to touch US$ 146.3 billion by the completion of the prediction period. The Roofing Chemicals industry was appreciated by US$ 75.5 billion in the year 2016. The great demand for effectual waterproofing, weather conditions resilient & extremely flexible roofing resolutions in new-fangled structures along with in the renewal of long-standing structures is expected to increase the development of the market above the period of prediction. The roofing chemicals market is expected to develop at a CAGR of 7.7%.

The Roofing Chemicals market on the source of Type of Application could span Plastic [PVC] Roofing, Bituminous Roofing, Membrane Roofing, Metal Roofing, Elastomeric Roofing. Bituminous rooftops are normally measured for their rigidness and extended lifespan. Bituminous rooftops take the competency to last over the period of any domestic construction. They can be utilized by means of conservative sands, that marks them appropriate for speedy setting up. Bituminous mixed by rubber can likewise be utilized in roofing arrangements. The foremost motivation for utilizing bituminous rubber is that, it takes considerably enriched engineering possessions above conservative ranking bitumen.

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The Roofing Chemicals market on the source of Type could span Styrene, Elastomer, Acrylic Resin, Epoxy Resin, Asphalt/ Bituminous. Asphalt/Bituminous reel roofing or else sheath is a roofing material normally utilized for constructions. The material is centered around similar materials utilized in asphalt powders. The asphalt/bituminous is the maximum far and wide utilized category of roofing chemical. Asphalt takes a confirmed path record of presentation, by means of widespread select in top-surfacing, better-quality touch, abridged perpetual distortion, decent lining, prolonged existence belongings and abridged blushing. Little crack creation, suppleness and inexpensive price are the foremost features of asphalt roofing that pushes the demand for asphalt. Asphalt roofing are furthermore a measure of hail, wind and fire resilient rooftop arrangements.

The Roofing Chemicals industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake, and Development percentage of Roofing Chemicals could span North America [U.S.A, Canada and Mexico], Europe [France, Germany, U.K., Italy], Asia Pacific [India, Japan, China, South Korea], Central & South America [Brazil], Middle East & Africa [UAE, Saudi Arabia].

By the source of geography, Asia Pacific was the most important provincial subdivision and responsible for nearby 37% share of the entire income in the year 2016.The growing demand for infrastructural growth in this province due to the enormous necessity for housing and commercial structures is expected to boost the market above the period of prediction. By means of construction costs, the maximum development is expected to be positioned in the developing markets of Asia Pacific together with China, tracked by India and Indonesia. Asia Pacific is anticipated to be the speedily developing provincial subdivision above the period of prediction. It is tracked by North America. Many insignificant provincial markets, together with those in India and Indonesia are likely to observe healthy development due to the growing demand for re-roofing in country side zones, this is reinforced by government supported systems. Asia Pacific is expected to be an important provincial subdivision above the following eight years, recording an expected CAGR of nearby 8.1%.

Growing infrastructural expansion actions for example the erection of IT centers & SEZs and the renewal of airports have headed to an increasing demand for well-organized roofing arrangements. The obtainability of industrialists and their capacity to propose numerous products associated to the market are expected to perform a fundamental part in the development of the market.

The statement revises Trades in terms of intake of Roofing Chemicals in the market; particularly in North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies, operating in the field of Roofing Chemicals are Saint-Gobain S.A., The Dow Chemicals Company, E.I. du Pont de Nemours and Company [DuPont] Sika AG, Akzo Nobel N.V and BASF SE.

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Monday, 19 July 2021

Gibberellins Market Outlook to 2025: Top Manufacturer Analysis, Industry Overview and Forecast Report

19th July 2021 – The global Gibberellins Market size is expected to value at USD1,167.8 million by 2025. The market is subject to witness a substantial growth due to the increasing population across the globe and rising demand for quality agricultural goods. Gibberellins is responsible for cell elongation, growth of a plant, augment overall life span, and stimulate fruit producing abilities in plants. Such factors are expected to boost the growth of the market over the forecast period.

Other critical factors responsible for spurring the demand in gibberellins industry include superior quality of vegetables and fruits, and increasing demands of ever-growing population. Furthermore, growing preference towards adoption of the gibberellins by farmers because of its ability to foster growth of the plants under uncontainable and unprecedented atmospheric conditions, are boosting growth of the market in recent years. Gibberellins are widely utilized for the production of apples and grapes. Globally, the gibberellins market is predicted to grow at CAGR of 8.8% in forecast period, providing numerous opportunity for market players to invest in research and development in the market.

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Globally, gibberellins industry is propelled by the increasing need for high agricultural yield, superior quality of agricultural goods, and growing beer industry. Also, the rise in number of craft distilleries due to the growing popularity of craft spirits among consumers are directly contributing to the growth of the industry in coming years. Subsequently, increase in the demand for the new malt flavors in craft distilleries to achieve distinct taste are spurring growth of the market.

Rising import and export of fruit and vegetable all around the globe are creating the need for high quality of agricultural goods and longer life span, thus fostering growth of the gibberellins market over the forecast period. Increasing focus on organic farming and improvements in overall crop yield to meet demands of ever-growing population by developing economies in order to achieve self-sufficiency, are heavily contributing for increased production of gibberellins. With substantial demand by end user market for organic food is directly attributed to the expansion of the market. Increasing preference towards organic food products by consumers due to rise in the health awareness among individuals, environment impact, and animal welfare are escalating the demand for gibberellins industry in the forecast period. Though, rising competition limits the market potential to lead further.

Moreover, increasing advantages of cytokinins and auxins over gibberellins such as lower cost and numerous health benefits are hampering growth of the market. Yet, rising adoption of the gibberellins at commercial level for a various of fruits and vegetables to achieve breakage of dormancy, stimulation for plant growth, incitement for lateral branching, and improvement in the fruit size and shape, are accelerating demand of gibberellins market in coming years.

Gibberellins (GAs) are commonly known as vegetable hormones that are capable of regulating different plant developmental processes, such as stem elongation, sprouting, latency, and flowering. Gibberellins are widely popular as an essential plant hormone since last couple of decades. Commonly, most of the gibberellins are derived from diterpenoid acids. The production of gibberellins involve synthesis of terpenoid pathway in plastids, followed by modification involving the endoplasmic reticulum and cytosol till it becomes biologically active. Two widely popular processes implemented during production of gibberellins are ent-gibberellane skeleton andent-kaurene.

The market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest product and increase in health consciousness among individual. Asia-Pacific region is predicted to hold major market share in the gibberellins industry with massive growth in forecast period. Countries such as India, Indonesia, and Malaysia are leading the Asia-Pacific market with reduced production cost, improved yield and superior quality. The key players in the market are Valent Co., Nufarm Limited, Sichuan Guoguang Agrochemical Corporations, Ltd., and Fine Americas Incorporations.

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Specialty Medical Chairs Market Geographic Segmentation, Analysis by Types, Regions and Forecast to 2025

19th July 2021 – Global Specialty Medical Chairs Market is anticipated to reach 7.65 billion by 2025. Chairs that are designed for clinical need and provide functionality, comfort & safety to a patient are referred to as Medical chairs. There are different types of medical chairs available in the market pertaining to this type of disorder. It helps patients for improving mobility or in enhancing comfort during several surgical procedures.

The factors that propel the growth of the Specialty Medical Chairs Market comprise growing demand, increasing purchasing power, product development & technological innovations, and rapid urbanization & industrialization, well-established healthcare infrastructure & facilities, rise in disorders, an increase in R&D undertakings. On the other hand, there are factors that may hamper the growth of the market such as economic stability and a high cost of specialty medical chairs. The market is anticipated to grow at a significant CAGR of 6.7% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Specialty Medical Chairs may be explored by product, end user, and geography. Specialty Medical Chairs Market may be explored by product as Blood Drawing Chairs, Birthing Chairs, Dialysis Chairs, Dental Chairs, ENT Chairs, Rehabilitation Chairs, Ophthalmic Chairs, and Others. The "Rehabilitation Specialty Medical Chair" segment dominated the Specialty Medical Chairs Market in 2016 and anticipated to maintain its dominance by 2025 owing to the growing aged population and increasing awareness. The market may be explored by end user as Extended Care Institute, Hospital, and Other. The "Hospital" segment dominated the Specialty Medical Chairs Market and anticipated to maintain its dominance in the forthcoming period. Specialty Medical Chairs Market may be explored by distribution channel as online stores, specialty stores, and others.

North America accounted for the major share of the Specialty Medical Chair Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include well-developed reimbursement structure, and increasing aged population, contributing to the overall revenue in this region. Also, the occurrence of lifestyle-associated disorders is giving rise to the expansion of the patient base, eventually raising the adoption rate for these products. North America is anticipated to reach USD 1.95 billion in 2016. Further, Asia-Pacific is expected to follow suit in the upcoming period and anticipated to grow at a CAGR of 7.5%.

Some of the key players that fuel the growth of the Specialty Medical Chair Market comprise ACTIVEAID, Inc.; A-dec, Inc.; DentalEZ, Inc.; Topcon Corporation; Fresenius Medical Care AG & Co. KGaA; Hill Laboratories Company; Midmark Corp.; Dentsply Sirona; PLANMECA OY; and Danaher (KaVo Dental GmbH). The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Thursday, 15 July 2021

Ophthalmic Therapeutics/Drugs Market Overview, Challenges and Growth Opportunities Analysis till 2025

 

15th July 2021 – The global ophthalmic therapeutics/drugs market size is expected to value at USD 35.7 billion by 2025. The market is subject to witness a substantial growth due to the rising occurrence of eye diseases like presbyopia, macular degeneration, and retinal vascular disease, particularly in geriatric population. Increasing focus on research and development in ophthalmic therapeutics and drugs by private bodies due to rising occurrence of ocular disorders, are driving factors for growth of the market. Globally, the ophthalmic therapeutics/drugs industry is predicted to grow at CAGR of 5.1% in forecast period, providing numerous opportunity for market players to invest for research and development in the market.

Cataract is the one of the primary cause of blindness. Other types of disorders such as retinal vascular disease, glaucoma, and age-associated macular degeneration can also lead to blindness. Thus, rise in the number of initiatives and programs taken by governmental agencies in order to prevent and completely eliminate such disorders by facilitating essential treatment for patients, thus significantly contributing to the growth of ophthalmic drugs market in recent years. Furthermore, recent research & development activities in various regions across the globe are expected to escalate demand of the ophthalmic therapeutics industry. For example, Ocular Therapeutix i.e. OTX-TP, a drug product also known as travoprost insert, is still under development and is considered as vital to cure glaucoma and ocular hypertension.

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Increasing number of drugs including Azopt, Lumigan, Retaine MGD, and Vigamox, are anticipated to boost growth of the market during the forecast period. Additionally, rise in the number of drug manufactures due to increasing demand on global-scale is attributed to sustained market growth. The ocular diseases are majorly categorized into different types such as dry eyes, glaucoma, inflammation around retina, retinal disorders, and uveitis. The retinal disorder is one of the fastest growing segment in the ophthalmic therapeutics market with highest revenue generation in last couple of years. Increasing prevalence of the retinal disorders in credited to factors such as unavailability of specialized treatment and increasing occurrence of age-associated macular degeneration (AMD). The rental disorders are further divided into wet & dry age-associated macular degeneration, and retinal vascular disease. Rise in the incidence related to age-associated macular degeneration (AMD) in aged population is a major concern among healthcare professionals.

Antiglaucomas are one of the commonly utilized drugs available in the market. They are broadly categorized into two types such as topical drugs and systemic drops. Increasing popularity of antiglaucomas is directly credited adoption of novel therapies with unique mechanism of action. Furthermore, development of drugs such as timolol, metipranolol, epinephrine, dipivefrin, brimonidine, latanoprost, bimatoprost, pilocarpine, and carbachol to cure ocular disorders similar to glaucoma, are augmenting demand of ophthalmic therapeutics industry. Application of the ophthalmic therapeutics and drug delivery methods varies in accordance with the nature and extent of the eye disease or disorder. Specialized ophthalmic therapeutics and drug delivery methods are required for diseases such as diabetic retinopathy and age-related macular degeneration (AMD), as they directly affect tissues at the back of the eye (BOTE).

The market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest technologies in medical sciences and existence well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the ophthalmic therapeutics/drugs market with massive growth in forecast period. Countries such as India, China and Japan are leading market in Asia Pacific with recent improvements in healthcare infrastructure, rise in clinical needs, increase in personal expenditure, easy accessibility of effective medical treatments, and rise in healthcare consciousness among individuals.

The key players in the ophthalmic drugs industry are Novartis AG, Allergan Plc, Santen Pharmaceutical Corporations, Pfizer Incorporations, Merck & Company, Incorporations, and Genentech Incorporations.

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