Market Research Blogs
Top 5 product-centric trends transforming rare earth metals industry landscape
Published Date: Oct 28, 2021
The rare earth metals industry is moving forward at rapid pace and will gain significant traction in the near future. But why are rare earth elements so important? Rare earths – a group 17 nearly indistinguishable soft heavy metals – are present in nearly material in use today. Metals like neodymium, dysprosium, praseodymium, and others are indispensable to the manufacturing of magnets used in applications of the future such as electr...
Top 3 industry applications driving pressure sensitive adhesives demand
Published Date: Oct 28, 2021
Manufacturers face no dearth of options when it comes to bonding solutions in the modern era; however, over time, pressure sensitive adhesives are increasingly establishing themselves as the most sought-after option. PSAs have rapidly become preferred solutions for the adhesion needs of major industrial sectors. From removable adhesion to permanent bonding, pressure sensitive adhesives are ideal for joining fabric, foams and myriad oth...
Top 8 Challenges of the Aviation Industry: The Pre-COVID Era
Published Date: Oct 25, 2021
The aviation industry is a world in itself, encompassing a massive workforce and contributing a significant percentage to the global economy. The sector was set for major growth, challenges notwithstanding, until the pandemic hit, post which it plummeted to a considerable extent. Yet, it is fair to state that despite the economic impact of COVID-19 on airline industry, it has been on the road to recovery, and may very well get back to the mainstr...
Key trends powering electronic design automation (EDA) adoption in 2021 and beyond
Published Date: Oct 21, 2021
The growth of electronic design automation market is a pivotal driving force for many industries the world over. EDA comprises a mixture of tools deployed to design and verify electronic systems, integrated circuits (ICs), and printed circuit boards (PCBs). With a projected 35 billion IoT devices likely to be installed globally by the end of 2021 (Source Credit: techjury.net), the demand for advanced electronic design automation software will be ...
Key benefits highlighting the significance of collagen in an evolving health & wellness ecosystem
Published Date: Sep 8, 2021
Collagen is gaining rapid momentum across myriad health and wellness applications in recent years, as consumer awareness regarding the product benefits grows stronger. Also, the changing perceptions of consumers towards wellness and health, due to various factors including social and environmental issues, and the more recent health implications of the ongoing COVID-19 pandemic have shed light on the significant role the protein plays in creating ...
Underscoring the global eminence of geothermal energy market
Published Date: Aug 31, 2021
Concerns over rising carbon emission levels and a shift to clean and sustainable energy sources will shape the future of geothermal energy market. As a clean, reliable, consistent, and carbon-free energy source, geothermal energy is one of the preferred renewable sources gaining widespread recognition across the globe. Derived from hot water and/or steam generated at the sub-surface of the earth, this heat energy can be utilized for power generat...
How is generator sets industry evolving to meet the global power demand?
Published Date: Aug 31, 2021
Global generator sets market size is expanding with high reliability on portable power across various sectors. From home appliances to industrial systems, businesses and homes just cannot run without a continuous, reliable, and steady source of power. The ever-growing demand for safe and uninterrupted power supply in residential establishments, commercial spaces, and industrial settings is powering the global generator sets industry. Environmenta...
Demand for respiratory protective equipment to rise across medical sector during COVID-19
Published Date: Jul 6, 2021
Respiratory protective equipment (RPE) industry is currently revolutionizing. Working in chemical, construction, manufacturing, and other big industries is not as fancy as it looks out to be. Inhalation of smoke, toxic chemicals, spilling of hazardous chemicals, toxic emission from waste, and other unusual accidents can be fatal to workers in these industries. Back in 2017, nearly 41 workers in the United States died on the job after a single epi...
Adhesives and sealants to emerge as key bonding technologies in industrial manufacturing applications
Published Date: Jul 2, 2021
Bonding technologies such as adhesives and sealants play a key role in the modern industrial landscape and are rapidly becoming an indispensable part of myriad sectors. The use of adhesive technologies is considered to be an efficient process in the bonding of materials in manufacturing facilities, owing to their numerous benefits over alternative technologies. For instance, sealants and adhesives help overcome the challenges associate...
Anti-corrosion coatings industry powers through the impact of COVID-19 crisis
Published Date: Jul 1, 2021
A strong of priority for corrosion engineering among employers, regulators, and policymakers is driving the market for anti-corrosion coatings. These coatings ensure superior protection of metal and alloy components against corrosive environments. Changing climate and weather conditions have made materials more vulnerable to corrosion, creating a demand for advanced corrosive protection. Coating formulations with corrosion resistance are in robus...
Plant-derived protein powders to influence evolving human nutrition trends
Published Date: Jun 25, 2021
Protein powder market has undergone significant transformation over the past decade. Consumers are nowadays stressing more on maintaining their physical health and fitness by taking inspiration from celebrities and fitness models on social media. Prevalence of health conditions like obesity has motivated people to adopt hobbies like sports activities and has encouraged to purchase of gym memberships. According to the IHRSA, the health club sector...
The changing landscape of camera lens industry; Key opportunities and challenges to watch out for
Published Date: Jun 24, 2021
Innovations and technological advancements are catalysts in the global camera lens market. Unprecedented growth of the smartphone sector and the sheer idea of striving for a picture-perfect finish have become dominant, prompting camera lens suppliers to inject funds into research and innovations. While most professionals prefer mirrorless and DSLR cameras, smartphone cameras are coming with new lens technology such as improved zooming, reduced we...
Taking a closer look at the evolution of pet tech market during COVID-19 pandemic
Published Date: Jun 22, 2021
With the COVID-19 pandemic significantly impacting the trend for pet adoption and care, the pet tech market has been laying down a more solid foundation. Several countries halted all non-essential services and imposed strict lockdowns and social restrictions amid the coronavirus crisis, of never-before-seen proportions, on their citizens. These lockdowns did fulfil their purpose; slowing down the spread of the virus. On the flipside, they ended u...
Nitrile gloves industry share intensifies with increasing PPE demand
Published Date: Jun 18, 2021
Intensifying focus on worker safety across medical, chemical, automotive, and oil & gas sectors is a major reason for the burgeoning nitrile gloves industry, with robust need for critical PPE solutions. Hands are the second-most susceptible to injuries in the workplace, closely following back injuries. According to U.S. Bureau of Labor Statistics, over 1 million workers experience severe hand injuries each year, from lacerations, cuts, and pu...
How will fast emerging platforms and regulatory hurdles impact cryptocurrency industry
Published Date: Jun 18, 2021
Cryptocurrency market have gained wide-scale popularity in the past few years as large businesses and investors are intrigued by the new opportunities and benefits associated with these digital ‘currencies’. Cryptocurrencies, or cryptos, are designed to work as a medium of exchange and exist completely online. Backed by blockchain technology, cryptos operate without the requirement of a central authority and eliminate certain processi...
Protective face masks meet unprecedented challenges in COVID-19 era
Published Date: Jun 11, 2021
At a time when the world is battling to get through the dreaded coronavirus pandemic, protective face masks have come out to be the simplest, most economical, and highly effective ally in the war against the infection. The trend of protective face masks has surfaced with a stronger jolt of coronavirus being felt across various economies in terms of the elevating mortality rate and paralyzing economic values. Significant efforts are tak...
Tapping into the current trends in global pet care industry
Published Date: Jun 10, 2021
Globally, pet care industry is shaping up to be a lucrative domain owing to a widespread pet adoption trend. At a time when seamless access to veterinary care has ushered innovation, pet care companies are expected to harness technology and explore new business models to boost consumer reach. According to the 2019-2020 National Pet Owners Survey of the America Pet Products Association, around 85 million households had a pet, indicating the tremen...
Top 3 trends to watch out for in industrial air compressor market
Published Date: Jun 10, 2021
Industrial evolution in emerging economies, coupled with robust product usage in nearly every heavy industry worldwide will trigger a surge in demand for industrial air compressors in the years ahead. Industrial air compressors are essential tools for the proper functioning of manufacturing and industrial plants worldwide. With a firm presence in nearly every major industry, compressed air is often touted as the fourth key utility, in ...
Golf Cart Market - Key drivers, challenges, trends to watch out for in 2021 and beyond
Published Date: Jun 4, 2021
Golf carts market is witnessing significant demand across myriad applications worldwide, with the utility of these compact vehicles gradually transcending beyond simply shuttling players and their equipment across golf courses. The vehicle is used for short-distance transport solutions in ranches, hotels, resorts, multi-family housing properties, and industrial sites, among others. This, in turn, has substantially broadened the application scope ...
Automakers tap electric buses to address growing demand for environmental sustainability
Published Date: Jun 4, 2021
Electric bus industry is on the cusp of transforming commercial mobility worldwide, even across countries where sustainable transport solutions are just gaining acceptance. Ongoing concerns regarding global warming and rising CO2 emissions has urged nations to switch to green mobility, sparking the demand for electric vehicles (EVs). Being a sustainable mode of transportation, an electric bus can significantly reduce GHG emissions whilst lowering...
Growing trend of DIY projects and the future of home improvement market
Published Date: Jun 3, 2021
Global home improvement market size is expected to record consistent growth through 2027. Home renovation projects are adding fillip to the U.S. construction sector with increasing emphasis on the remodeling of external structures, including lawns, garages and gardens. Citing the U.S. government data, the National Association for Home Builders asserts that new single-family and multifamily construction used around $94.9 billion in building produc...
Prebiotics consumption expands in food and beverage applications – key nutritional benefits drive the ingredient demand
Published Date: Dec 17, 2018
One of the most rapidly progressive verticals of the global nutrition space, prebiotics market has come a long way since its inception, having now emerged as a niche entity in itself. With the increasing consumer spending on food and beverage products, the global prebiotics market has been expanding at a steady rate over the last few years. A gradual rise in consumer awareness regarding the benefits of including fiber rich food in their...
Lithium ion batteries continue to gain phenomenal traction in the automotive sector - need for alternate energy sources to reinforce the trend
Published Date: Apr 15, 2021
In an era where clean energy is continually being propagated, lithium ion battery industry has been gaining exceptional prominence, given that the product is extensively used in phones, computers, cordless power tools, battery operated vehicles, and more. The popularity of this business space has been validated through a recent instance, when smart battery systems firm Forsee Power introduced its next-generation extra-thin lithium-ion batteries i...
Online education industry – How has COVID-19 impacted the growth dynamics
Published Date: Aug 5, 2020
If armed conflicts, climate change induced disasters, forced displacement, and protracted crisis were not enough already to disrupt the education of millions of children and youth globally, the COVID-19 pandemic has also emerged as a brutal force accelerating the count to an unpredictable value in the years to come. Surprisingly though, this outbreak seems to have brewed a major revolution in academia – bringing the significance of online e...
Personal Protective Equipment Industry – 6 Major Application Sectors Driving Trends
Published Date: May 13, 2020
The global personal protective equipment (PPE) industry, one of the most regulatory-driven spheres of its time, has only served to gain further prominence in the recent years. With the expanding pace of industrialization, the number of manufacturing procedures and protocol has increased by several proportions, on account of which personal protective equipment companies are focusing on designing unique protective wear with a view to ensure optimum...
Top 8 challenges of food and beverage industry to watch out for
Published Date: May 13, 2020
The humongous outbreak of the dreaded coronavirus has brought about a groundbreaking change in what the world perceived as ‘normal’. With an estimated 3,820,737 positive cases globally, as claimed by Worldometer, the COVID-19 has sent ripples of fear across the masses, destroying not only lives, but also the economies of most countries, given the stringent enforcement of lockdowns across the globe. Major industry verticals ...
Legalization of medical cannabis and the evolving marijuana industry
Published Date: Feb 12, 2020
Relentless efforts of marijuana advocates over the years, both individuals and businesses, has led to the legalization of medical cannabis across many jurisdictions globally. Several studies carried out to determine the actual effects of the substance on human mind and health have helped transform its consumer base. From being a recreational drug, it can become a potential life saver in some situations. Global medical cannabis industry...
Growing number of flexitarians and the rising demand for plant-based meat
Published Date: Oct 29, 2019
The range of meat alternatives available in the market has been expanding over the past few years with the rise in vegetarian as well as vegan eaters, and the sales of plant-based meat products are growing exponentially. The trend of veganism has been largely propelled by flexitarians, individuals who are aiming to reduce their meat consumption. Consumers are increasingly focusing on minimizing their meat intake amid growing concerns p...
How is new age manufacturing influencing metal foam industry outlook?
Published Date: Oct 29, 2019
The commercialization matrix of global metal foam market has experienced a major change of dynamics since the last few years, a feat that can be attributed to the vast application expanse of this material. The properties of metal foams like high porosity, impact resistance, and sound absorption have substantially augmented metal foam market size over the last few years due to increasing usage across a plethora of industries. The ever-e...
Conductive Polymers Industry: How will the expansion in electronics and photovoltaic sectors drive the product demand?
Published Date: Oct 29, 2019
The growth graph of the global conductive polymers market is witnessing a transformational shift in dynamics in the recent times owing to the expanding global semiconductor and electronics industry. Lately, this sector is being characterized by the increasing demand for light weight components and miniaturization, pertaining to their user-friendliness and convenience. The robust proliferation of this trend is rather overt from the fact that promi...